Date | Analyst | Company | Last | Target | Call | Valuation |
10/23/18 | DMG & Partners | Best World | 1.49 | 1.97 | Buy | PER13x FY19 |
10/23/18 | CIMB | Dairy Farm | 8.95 | 9.55 | Hold | |
10/23/18 | Lim & Tan | Mapletree Logistics | 1.23 | 0 | Hold | |
10/23/18 | CIMB | Sheng Siong | 1.05 | 1.26 | Add |
Tuesday, October 23, 2018
Stock calls for 23 October 2018
The US disgraced Taiwan and Taiwan welcomed it.
https://www.channelnewsasia.com/news/world/us-warships-sail-through-taiwan-strait-10854036
I didn't know that the Taiwan Strait in Taiwan's territory was an international sea area whereby vessels were free to navigate without permission.
The US vessels sailed through the Taiwan Strait in Taiwan's territory while China naval vessels followed the US in China's territory. What the US did was telling the world that Taiwan's territory was an international water in which any vessel could perform freedom of navigation without permission.
I couldn't believe that Taiwan would welcome the US's FON in its territory. What a joke!
I didn't know that the Taiwan Strait in Taiwan's territory was an international sea area whereby vessels were free to navigate without permission.
The US vessels sailed through the Taiwan Strait in Taiwan's territory while China naval vessels followed the US in China's territory. What the US did was telling the world that Taiwan's territory was an international water in which any vessel could perform freedom of navigation without permission.
I couldn't believe that Taiwan would welcome the US's FON in its territory. What a joke!
OMG! Temasek invests in a high risk business again!
https://sg.finance.yahoo.com/news/temasek-backed-vertex-invests-cryptocurrency-041123231.html
Cryptocurrency is a high-risk investment and it is still evolving. Therefore, it is unwise for Temasek to invest in a high-risk business using our government coffer.
Any serious financial institution won't use a public blockchain because confidential information shouldn't be accessed by other public nodes. This is the reason the world bank issued its bond based on its own private blockchain as this couldn't connect with any public blockchain. What does this mean? This means there won't be a massive adoption of the public blockchain by serious financial institutions.
Sigh! Temasek is going to lose our money again!
Cryptocurrency is a high-risk investment and it is still evolving. Therefore, it is unwise for Temasek to invest in a high-risk business using our government coffer.
Any serious financial institution won't use a public blockchain because confidential information shouldn't be accessed by other public nodes. This is the reason the world bank issued its bond based on its own private blockchain as this couldn't connect with any public blockchain. What does this mean? This means there won't be a massive adoption of the public blockchain by serious financial institutions.
Sigh! Temasek is going to lose our money again!
Microplastics found in a human for the first time!
https://sg.news.yahoo.com/microplastic-found-humans-first-time-220000093.html
This is really bad. We're killing ourselves by ingesting plastics in our food chains.
We've reported about microplastics last year.
http://sg-stock.blogspot.com/2017/12/seafood-health-alerts-in-norway-chile.html
This is really bad. We're killing ourselves by ingesting plastics in our food chains.
We've reported about microplastics last year.
http://sg-stock.blogspot.com/2017/12/seafood-health-alerts-in-norway-chile.html
USD has a supply shortage now.
How did we know about the USD supply shortage?
Well, we just need to look at the USD Libor. USD Libor is at an all time 5-year high now according to the chart above.
USD Libor is the bank rate that the banks in London set for lending USD among themselves and this rate has been trending much higher in 2018 which denotes that there is a supply shortage. Therefore, this means that USD will continue to appreciate due to the higher rates and supply shortage because of QE tapering.
US housing downturn is brewing again!
The US 30-year mortgage rate is fast approaching 5% and it won't stop rising.
The US home sales have been trending down because of rising interest rates in 2018.
This property downturn doesn't bode well for the USA because it will affect the main street and the wall street. Property stocks and mortgage-backed securities (MBS) will be badly affected and we'll have a US financial crisis again.
Monday, October 22, 2018
Japfa - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/24/17 | CIMB | Japfa | 0.92 | 1.53 | Add | Sum of parts, PER11.6x CY17 |
02/10/17 | DBS Vickers | Japfa | 1.02 | 1.26 | Buy | |
03/03/17 | CIMB | Japfa | 0.9 | 1.41 | Add | Sum of parts |
03/06/17 | DBS Vickers | Japfa | 0.89 | 1.25 | Buy | Sum of parts, PER10.1x FY17 |
04/10/17 | DBS Vickers | Japfa | 0.835 | 1.25 | Buy | |
04/17/17 | CIMB | Japfa | 0.805 | 0.69 | Reduce | Sum of parts |
04/24/17 | DBS Vickers | Japfa | 0.63 | 1 | Buy | Sum of parts, EV/Ebitda6.5x FY17, PER10.5x FY17 |
05/02/17 | CIMB | Japfa | 0.605 | 0.58 | Reduce | Sum of parts, PER8.2x CY17, PER7.2x CY18 |
05/02/17 | DBS Vickers | Japfa | 0.605 | 0.84 | Buy | Sum of parts, PER10.7x FY17 |
07/05/17 | DBS Vickers | Japfa | 0.65 | 0.88 | Buy | Sum of parts |
07/31/17 | CIMB | Japfa | 0.595 | 0.55 | Reduce | Sum of parts |
06/22/18 | Kim Eng | Japfa | 0.625 | 0.86 | Buy | Sum of parts, PER14x FY18 |
08/01/18 | Kim Eng | Japfa | 0.745 | 0.86 | Buy | Sum of parts |
09/11/18 | CIMB | Japfa | 0.595 | 0.8 | Add | Sum of parts |
10/17/18 | UOB Kay Hian | Japfa | 0.61 | 0.9 | Buy | Sum of parts, PER12.2x FY18 |
Japan Foods - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
04/17/17 | Amfrasers | Japan Foods | 0.445 | 0.56 | Buy | DCF, PER18x FY18 |
05/29/17 | Amfrasers | Japan Foods | 0.48 | 0.54 | Buy | DCF, PER18.7x FY18 |
08/04/17 | Amfrasers | Japan Foods | 0.43 | 0.53 | Buy | DCF |
11/15/17 | Amfrasers | Japan Foods | 0.43 | 0.53 | Buy | DCF |
02/14/18 | Amfrasers | Japan Foods | 0.46 | 0.54 | Buy | DCF |
05/07/18 | DMG & Partners | Japan Foods | 0.505 | 0.63 | Buy | DCF, PER19x FY19 |
05/22/18 | Amfrasers | Japan Foods | 0.485 | 0.64 | Buy | DCF |
06/22/18 | DMG & Partners | Japan Foods | 0.5 | 0.63 | Buy | |
08/08/18 | DMG & Partners | Japan Foods | 0.49 | 0.58 | Buy | Sum of parts, PER16.6x FY19 |
08/21/18 | Amfrasers | Japan Foods | 0.5 | 0.64 | Buy | DCF |
Jadason - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
05/08/17 | DMG & Partners | Jadason | 0.07 | 0.15 | Buy | DCF, PER12x FY18 |
06/27/17 | DMG & Partners | Jadason | 0.088 | 0.15 | Buy | DCF, PER12x FY18 |
07/03/17 | CIMB | Jadason | 0.084 | 0.17 | Add | PER12.34x FY18 |
08/04/17 | CIMB | Jadason | 0.103 | 0.17 | Add | PER12.34x FY18 |
08/07/17 | DMG & Partners | Jadason | 0.1 | 0.15 | Buy | DCF, PER12x FY18 |
09/04/17 | DMG & Partners | Jadason | 0.102 | 0.12 | Buy | DCF, PER11.4x FY18 |
09/05/17 | CIMB | Jadason | 0.095 | 0.13 | Add | PER12.34x FY18 |
11/09/17 | DMG & Partners | Jadason | 0.093 | 0.1 | Buy | DCF, PER11.3x FY18 |
11/13/17 | CIMB | Jadason | 0.087 | 0.11 | Add | PER12.34x FY19 |
03/01/18 | DMG & Partners | Jadason | 0.073 | 0.08 | Neutral | DCF |
03/07/18 | CIMB | Jadason | 0.07 | 0.08 | Add | PER12.34x FY19 |
05/16/18 | CIMB | Jadason | 0.05 | 0.077 | Add | PB1x CY18 |
05/18/18 | DMG & Partners | Jadason | 0.05 | 0.05 | Neutral | DCF |
06/27/18 | DMG & Partners | Jadason | 0.04 | 0.05 | Neutral | |
08/17/18 | CIMB | Jadason | 0.037 | 0.073 | Add | PB1x CY18 |
Stock calls for 22 October 2018
Date | Analyst | Company | Last | Target | Call | Valuation |
10/22/18 | UOB Kay Hian | Asian Healthcare | 0.265 | 0.33 | Buy | |
10/22/18 | DBS Vickers | Frasers Commercial Trust | 1.43 | 1.7 | Buy | DCF |
10/22/18 | OCBC | Frasers Commercial Trust | 1.43 | 1.56 | Buy | |
10/22/18 | CIMB | Frasers Commercial Trust | 1.43 | 1.5 | Hold | DDM |
10/22/18 | Lim & Tan | Keppel Corp | 6.64 | 0 | Hold | |
10/22/18 | UOB Kay Hian | Propnex | 0.535 | 0.65 | Buy | DCF, PER10x FY19 |
10/22/18 | phillip | SGX | 6.93 | 9.01 | Buy | PER25.2x |
10/22/18 | DMG & Partners | SGX | 6.93 | 8.4 | Buy | PER23x FY19 |
10/22/18 | OCBC | SGX | 6.93 | 7.96 | Buy | PER22x F19/20 |
10/22/18 | CIMB | SGX | 6.93 | 7.6 | Add | PER22.1x FY20 |
Nuclear arms race is happening again!
https://sg.news.yahoo.com/trump-says-us-withdraw-nuclear-201727884.html
Trump has announced that the US will withdraw from the nuclear arms treaty with Russia.
Great, we will have more nuclear arms that can destroy the earth now!
Russia and US will ramp up their nuclear weapons now.
Trump has announced that the US will withdraw from the nuclear arms treaty with Russia.
Great, we will have more nuclear arms that can destroy the earth now!
Russia and US will ramp up their nuclear weapons now.
Sunday, October 21, 2018
Xi Jinping and Trump agreed to meet in G20 in November 2018.
https://www.scmp.com/economy/china-economy/article/2169378/xi-jinping-donald-trump-agree-talks-g20-summit-next-month
This tentative meeting is based upon a friendly agreement. If there is an unfriendly gesture from the US prior to G20 summit, Xi will definitely cancel the meeting.
This tentative meeting is based upon a friendly agreement. If there is an unfriendly gesture from the US prior to G20 summit, Xi will definitely cancel the meeting.
Saturday, October 20, 2018
Apple urged Bloomberg to retract the fake spy chip story.
https://sg.finance.yahoo.com/news/apple-ceo-urges-bloomberg-retract-spy-chip-story-230310532--finance.html
Apple felt insulted by the fake Bloomberg's spy chip story and demanded Bloomberg to retract it because there was no way that Bloomberg understood technology better than Apple.
We stated previously that it was impossible to produce such a rice grain size 3-in-1 microchip.
http://sg-stock.blogspot.com/2018/10/the-us-is-embarking-on-anti-china.html
Apple felt insulted by the fake Bloomberg's spy chip story and demanded Bloomberg to retract it because there was no way that Bloomberg understood technology better than Apple.
We stated previously that it was impossible to produce such a rice grain size 3-in-1 microchip.
http://sg-stock.blogspot.com/2018/10/the-us-is-embarking-on-anti-china.html
Japan is no longer a member of the UN security council.
Japan is no longer a member of the UN security council in 2018. The UN security council is made up of 15 members with 5 being permanent members whilst the rest are holding a 2-year renewable member seat.
Baltic dry index - 1576
Today, Friday , October 19 2018, the Baltic Dry Index climbed by 11 points, reaching 1576 points.
Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.
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Related stocks: Sembcorp Marine, Cosco & Pan Ocean
US rig count - 1067
The number of oil rigs in the United States increased by 4 to 873 in the week ending October 19 compared to the previous week, according to the Baker Hughes weekly rig count released on Friday.
The number of gas rigs in the US rose by 1 to 194 during the same week, bringing the total number of rigs in the country to 1,067. On an annual basis, the oil rig count was up 137.
In Canada, the total rig count was down by 4 with the number of oil rigs decreasing by 4 to 123 and gas rigs remaining unchanged at 68. Compared to the previous year, the number of oil rigs in Canada was was down by 11.
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Related stocks: Keppel Corp, Sembcorp Marine & Cosco.
Friday, October 19, 2018
Malaysia has no money to build HSR but has money to build a crooked bridge to Singapore.
https://sg.news.yahoo.com/johor-revive-crooked-bridge-project-104503225.html
What a joke! A stupid idea is being revived again!
Mahathir has to revive the national car ideology and the crooked bridge so that he can incentivize himself.
Sigh!
What a joke! A stupid idea is being revived again!
Mahathir has to revive the national car ideology and the crooked bridge so that he can incentivize himself.
Sigh!
ISOTeam - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/10/17 | DMG & Partners | ISOTeam | 0.395 | 0.54 | Buy | DCF, PER14x FY17 |
01/12/17 | UOB Kay Hian | ISOTeam | 0.405 | 0.6 | Buy | DCF |
02/14/17 | UOB Kay Hian | ISOTeam | 0.42 | 0.6 | Buy | DCF |
02/15/17 | DMG & Partners | ISOTeam | 0.405 | 0.59 | Buy | DCF, PER13.5x FY17 |
03/02/17 | UOB Kay Hian | ISOTeam | 0.395 | 0.6 | Buy | |
05/15/17 | UOB Kay Hian | ISOTeam | 0.37 | 0.54 | Buy | |
08/28/17 | DMG & Partners | ISOTeam | 0.345 | 0.5 | Buy | DCF |
11/13/17 | DMG & Partners | ISOTeam | 0.345 | 0.46 | Buy | DCF, PER13x FY18 |
02/13/18 | UOB Kay Hian | ISOTeam | 0.355 | 0.45 | Buy | PER10.4x FY18 |
02/15/18 | DMG & Partners | ISOTeam | 0.33 | 0.46 | Buy | DCF, PER13x FY18 |
05/17/18 | DMG & Partners | ISOTeam | 0.35 | 0.42 | Buy | DCF |
06/27/18 | DMG & Partners | ISOTeam | 0.335 | 0.42 | Buy |
Isec Healthcare - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
06/05/17 | Kim Eng | Isec Healthcare | 0.345 | 0.4 | Buy | PER23x FY18 |
07/13/17 | Kim Eng | Isec Healthcare | 0.315 | 0.4 | Buy | PER23x FY18 |
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