Date | Analyst | Company | Last | Target | Call | Valuation |
05/15/23 | DBS Vickers | APAC Realty | 0.625 | 0.57 | Hold | PER9.5x FY23/24 |
08/15/23 | DBS Vickers | APAC Realty | 0.585 | 0.57 | Hold | |
08/16/23 | DBS Vickers | APAC Realty | 0.57 | 0.54 | Hold | PER11x FY24 |
08/16/23 | CIMB | APAC Realty | 0.57 | 0.7 | Add | DCF |
08/17/23 | DMG & Partners | APAC Realty | 0.585 | 0.54 | Neutral | |
10/10/23 | CIMB | APAC Realty | 0.52 | 0.57 | Add | |
11/09/23 | DBS Vickers | APAC Realty | 0.495 | 0.53 | Hold | PER11x FY24 |
01/15/24 | DMG & Partners | APAC Realty | 0.5 | 0.46 | Neutral | |
03/04/24 | CIMB | APAC Realty | 0.44 | 0.54 | Add | DCF |
03/08/24 | DMG & Partners | APAC Realty | 0.41 | 0.44 | Neutral | DCF |
03/08/24 | DBS Vickers | APAC Realty | 0.41 | 0.48 | Hold | |
05/20/24 | DBS Vickers | APAC Realty | 0.395 | 0.48 | Hold | |
06/10/24 | DBS Vickers | APAC Realty | 0.4 | 0.48 | Hold | PER11x |
Tuesday, July 2, 2024
APAC Realty - Stock calls
Stock calls for 2 July 2024
Date | Analyst | Company | Last | Target | Call | Valuation |
07/02/24 | Kim Eng | Civmec | 0.83 | 1.05 | Buy | |
07/02/24 | Lim & Tan | Civmec | 0.83 | 1.14 | Accumulate | |
07/02/24 | UOB Kay Hian | Far East Hospitality | 0.63 | 0.77 | Buy | DDM |
07/02/24 | DBS Vickers | Hongkong Land | 3.24 | 4.05 | Buy | RNAV (63% disc) |
07/02/24 | UOB Kay Hian | Keppel Reit | 0.84 | 1.15 | Buy | DDM |
07/02/24 | UOB Kay Hian | Lendlease Reit | 0.56 | 0.85 | Buy | |
07/02/24 | UOB Kay Hian | Mapletree Commercial | 1.24 | 1.73 | Buy | |
07/02/24 | UOB Kay Hian | Mapletree Industrial | 2.11 | 2.78 | Buy | DDM |
07/02/24 | Lim & Tan | SIA | 6.88 | 0 | Accumulate | |
07/02/24 | DBS Vickers | UMS | 1.17 | 1 | Hold | |
07/02/24 | JPM | Yangzijiang Shipping | 2.4 | 2.8 | Overweight |
The ISM PMI had declined again in June 2024.
The prices subindex decreased significantly to 52.1 (-4.9) because all the PMI subcomponents were in a contractionary phase. The only positive factor was the suppliers’ deliveries (49.8, +0.9). A low index for suppliers’ deliveries meant that there was no disruption or congestion.
The new order increased to 49.3 (+3.9) which was caused by a significant rebound from the new local order (est’d 5.7) because the new local order had a huge decline previously. Thus, this rebound could just be an aberration.
The other subcomponents fell because the producers anticipated a weakening economic growth ahead and reduced their production, employment and inventories altogether.
All these reductions led to a further decline in the PMI (48.5, -0.2) and the PMI had been in a negative zone (below 50) since 3 months already.
Monday, July 1, 2024
AIMS AMP Cap Ind Reit - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
05/09/24 | DBS Vickers | AIMS AMP Cap Ind Reit | 1.4 | 1.6 | Buy | DCF, PB1.1x FY23 |
05/08/23 | DMG & Partners | AIMS AMP Cap Ind Reit | 1.4 | 1.55 | Buy | DDM |
05/08/23 | Kim Eng | AIMS AMP Cap Ind Reit | 1.4 | 1.5 | Buy | DDM |
06/22/23 | Lim & Tan | AIMS AMP Cap Ind Reit | 1.22 | 1.55 | Buy | |
06/30/23 | Kim Eng | AIMS AMP Cap Ind Reit | 1.22 | 1.36 | Buy | DDM |
07/28/23 | Kim Eng | AIMS AMP Cap Ind Reit | 1.25 | 1.36 | Buy | DDM |
08/23/23 | DMG & Partners | AIMS AMP Cap Ind Reit | 1.23 | 1.47 | Buy | |
11/03/23 | Lim & Tan | AIMS AMP Cap Ind Reit | 1.25 | 1.48 | Accumulate | |
11/06/23 | DBS Vickers | AIMS AMP Cap Ind Reit | 1.25 | 1.6 | Buy | DCF |
11/08/23 | DMG & Partners | AIMS AMP Cap Ind Reit | 1.25 | 1.47 | Buy | |
01/09/24 | Lim & Tan | AIMS AMP Cap Ind Reit | 1.32 | 1.48 | Hold | Buy @ $1.20 |
01/10/24 | DMG & Partners | AIMS AMP Cap Ind Reit | 1.34 | 1.48 | Buy | |
01/31/24 | DBS Vickers | AIMS AMP Cap Ind Reit | 1.29 | 1.6 | Buy | DCF |
01/31/24 | Lim & Tan | AIMS AMP Cap Ind Reit | 1.29 | 1.5 | Accumulate | |
02/01/24 | Kim Eng | AIMS AMP Cap Ind Reit | 1.31 | 1.39 | Buy | |
05/07/24 | DBS Vickers | AIMS AMP Cap Ind Reit | 1.27 | 1.6 | Buy | DCF |
05/07/24 | Lim & Tan | AIMS AMP Cap Ind Reit | 1.27 | 0 | Accumulate | |
05/08/24 | DMG & Partners | AIMS AMP Cap Ind Reit | 1.27 | 1.46 | Buy | DDM |
05/09/24 | Kim Eng | AIMS AMP Cap Ind Reit | 1.29 | 1.39 | Buy | |
05/10/24 | DBS Vickers | AIMS AMP Cap Ind Reit | 1.31 | 1.55 | Buy | DCF |
06/26/24 | DMG & Partners | AIMS AMP Cap Ind Reit | 1.26 | 1.46 | Buy |