https://sg.news.yahoo.com/china-canadas-detention-huawei-exec-013849178.html
Huawei is not ZTE in which the US can bully.
The Canadian PM had shot himself in the foot by arresting Huawei CFO without a valid reason. The diplomatic ties amongst the 3 countries (US, China & Canada) will be in the doldrums for the short period.
The Canadian PM was stupid to be dragged into this issue because he had put himself in a dire strait. There are only bad options for him to choose now.
If he continues to pursue the US's interest, Canada's economic growth will suffer and he can forget about the China-Canada FTA that he wants to sign. If he revokes the arrest, he will offend the US and the US will retaliate with more tax impositions on Canada. Furthermore, the new FTA (Mexico-US-Canada) may be in jeopardy if Canada revokes the arrest.
Can Canada forgo China's market by pursuing US's interest? I don't think so!
The Canadian PM should stay out of this issue in the first place but he didn't. He has to pay a big price now because he has only bad options to choose.
Monday, December 10, 2018
French President Macron may be forced to step down.
https://sg.finance.yahoo.com/news/paris-cleans-latest-riot-pressure-builds-macron-081403732--finance.html
The France economy is faltering, prices are rising and the people are out of jobs. Macron will find it difficult to handle all these economic issues because of increasing protectionism.
The yellow vest protest is just a beginning as other protests, not pertaining to the fuel tax, are developing. Macron has to develop a cordial relationship with China if he wants to address the economic issues he is facing.
If Macron continues to be influenced by Trump and goes against China, he will be dethroned by his own people in the end. He will get a disgraceful downfall.
The France economy is faltering, prices are rising and the people are out of jobs. Macron will find it difficult to handle all these economic issues because of increasing protectionism.
The yellow vest protest is just a beginning as other protests, not pertaining to the fuel tax, are developing. Macron has to develop a cordial relationship with China if he wants to address the economic issues he is facing.
If Macron continues to be influenced by Trump and goes against China, he will be dethroned by his own people in the end. He will get a disgraceful downfall.
Saturday, December 8, 2018
US top business executives are afraid to travel to China now. Hahaha!
https://finance.yahoo.com/news/huawei-arrest-stokes-fears-china-112905042.html
The US top business executives are afraid to travel to China now after seeing Huawei CFO's arrest in Canada.
Why are those US top business executives so afraid if they're innocent? This means that they think Huawei CFO is also innocent as she is arrested in Canada due to political reason.
The US top business executives are afraid to travel to China now after seeing Huawei CFO's arrest in Canada.
Why are those US top business executives so afraid if they're innocent? This means that they think Huawei CFO is also innocent as she is arrested in Canada due to political reason.
Baltic dry index - 1372
Today, Friday, December 7 2018, the Baltic Dry Index climbed by 33 points, reaching 1372 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.
========================
Related stocks: Sembcorp Marine, Cosco & Pan Ocean
US rig count - 1075
The U.S. dropped 10 oil rigs this week, according to weekly data compiled by Baker Hughes, a GE Company (BHGE).
This week’s drop marks the biggest weekly decline since May 2016.
The nation’s gas rig count, however, increased by nine this week.
The Permian Basin, which accounts for more than half of the U.S. oil rigs, lost four rigs this week. Several other basins had a decline in rigs as well: the Ardmore Woodford, DJ-Niobrara, Haynesville, Mississippian and Utica all lost one rig this week.
The Cana Woodford added two rigs this week, while the Eagle Ford and Marcellus added one rig apiece.
This week’s overall rig count in the United States is 1,075 – up one from last week.
BHGE reported Friday that the average U.S. rig count for November 2018 was 1,077 – which is 15 higher than what it was in October 2018 and 166 more than the 911 count one year ago (November 2017).
===================
Related stocks: Keppel Corp, Sembcorp Marine & Cosco
Friday, December 7, 2018
Straits Trading - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
04/10/17 | OCBC | Straits Trading | 2.27 | 2.73 | Buy | |
05/16/17 | OCBC | Straits Trading | 2.31 | 2.73 | Buy |
Starhub - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/03/17 | DMG & Partners | Starhub | 2.81 | 2.82 | Neutral | |
01/03/17 | UOB Kay Hian | Starhub | 2.81 | 2.4 | Sell | |
01/12/17 | Deutsche | Starhub | 2.93 | 3.9 | Buy | |
01/13/17 | Credit Suisse | Starhub | 2.92 | 2.65 | Underperform | |
01/13/17 | DBS Vickers | Starhub | 2.92 | 3.01 | Hold | DCF |
01/17/17 | DIR | Starhub | 3.01 | 2.56 | Underperform | DDM |
01/18/17 | UOB Kay Hian | Starhub | 3.08 | 3.55 | Buy | DCF |
02/06/17 | CIMB | Starhub | 3 | 2.6 | Reduce | DCF, Buy @ $2.30 or below |
02/06/17 | Credit Suisse | Starhub | 3 | 2.35 | Underperform | |
02/06/17 | DBS Vickers | Starhub | 3 | 2.85 | Hold | DCF |
02/06/17 | DIR | Starhub | 3 | 2.31 | Sell | DDM |
02/06/17 | DMG & Partners | Starhub | 3 | 2.7 | Neutral | DCF |
02/06/17 | Kim Eng | Starhub | 3 | 2.49 | Sell | DCF |
02/06/17 | OCBC | Starhub | 3 | 2.65 | Sell | DCF |
02/06/17 | UOB Kay Hian | Starhub | 3 | 3.22 | Buy | DCF |
02/06/17 | Citibank | Starhub | 3 | 2.25 | Sell | |
02/07/17 | Lim & Tan | Starhub | 2.8 | 0 | Sell | |
03/09/17 | UOB Kay Hian | Starhub | 2.85 | 3.1 | Hold | DCF, Buy @ $2.80 |
03/17/17 | OCBC | Starhub | 2.81 | 2.5 | Sell | |
03/20/17 | Credit Suisse | Starhub | 2.87 | 2.25 | Underperform | |
03/24/17 | Kim Eng | Starhub | 2.86 | 2.49 | Sell | DCF |
03/27/17 | UOB Kay Hian | Starhub | 2.88 | 2.5 | Hold | |
04/05/17 | CIMB | Starhub | 2.88 | 2.6 | Reduce | |
04/05/17 | Credit Suisse | Starhub | 2.88 | 2.25 | Underperform | |
04/05/17 | DMG & Partners | Starhub | 2.88 | 2.7 | Neutral | |
04/05/17 | Kim Eng | Starhub | 2.88 | 2.36 | Sell | DCF |
04/05/17 | OCBC | Starhub | 2.88 | 2.5 | Sell | |
04/05/17 | Citibank | Starhub | 2.88 | 2.14 | Sell | |
04/06/17 | DBS Vickers | Starhub | 2.86 | 2.85 | Hold | |
05/04/17 | Credit Suisse | Starhub | 2.78 | 2.2 | Underperform | |
05/04/17 | DMG & Partners | Starhub | 2.78 | 2.7 | Neutral | DCF |
05/04/17 | Kim Eng | Starhub | 2.78 | 2.36 | Sell | DCF |
05/04/17 | OCBC | Starhub | 2.78 | 2.4 | Sell | DCF |
05/04/17 | UOB Kay Hian | Starhub | 2.78 | 2.98 | Hold | DCF, Buy @ $2.62 |
05/05/17 | CIMB | Starhub | 2.78 | 2.45 | Reduce | DCF, Buy @ $2.15 or below |
06/05/17 | DBS Vickers | Starhub | 2.73 | 2.7 | Fully Valued | |
06/09/17 | OCBC | Starhub | 2.74 | 2.4 | Sell | |
06/16/17 | UOB Kay Hian | Starhub | 2.73 | 2.98 | Hold | DCF, Buy @ $2.62 |
06/23/17 | DIR | Starhub | 2.7 | 2.31 | Sell | DDM |
07/07/17 | DMG & Partners | Starhub | 2.72 | 2.7 | Neutral | |
07/20/17 | Credit Suisse | Starhub | 2.74 | 2.2 | Underperform | |
08/03/17 | DMG & Partners | Starhub | 2.7 | 2.7 | Hold | DCF |
08/03/17 | DIR | Starhub | 2.7 | 2.31 | Sell | DDM |
08/03/17 | UOB Kay Hian | Starhub | 2.7 | 2.9 | Hold | DCF, Buy @ $2.60 |
08/03/17 | OCBC | Starhub | 2.7 | 2.4 | Sell | DCF |
08/03/17 | CIMB | Starhub | 2.7 | 2.5 | Reduce | DCF, Buy @ $2.20 or below |
08/03/17 | Lim & Tan | Starhub | 2.7 | 0 | Hold | |
08/03/17 | DBS Vickers | Starhub | 2.7 | 2.33 | Fully Valued | DCF |
08/22/17 | UOB Kay Hian | Starhub | 2.59 | 2.62 | Hold | DCF, Buy @ $2.38 |
08/22/17 | Citibank | Starhub | 2.59 | 2.86 | Buy | |
09/07/17 | UOB Kay Hian | Starhub | 2.63 | 2.62 | Hold | DCF, Buy @ $2.38 |
09/08/17 | Credit Suisse | Starhub | 2.64 | 2.2 | Underperform | |
09/11/17 | OCBC | Starhub | 2.63 | 2.3 | Sell | |
09/14/17 | Kim Eng | Starhub | 2.58 | 2.17 | Sell | DCF |
09/20/17 | Deutsche | Starhub | 2.59 | 3.5 | Buy | |
09/25/17 | CIMB | Starhub | 2.6 | 2.5 | Hold | |
09/28/17 | DIR | Starhub | 2.65 | 2.25 | Sell | DDM |
10/12/17 | UOB Kay Hian | Starhub | 2.64 | 2.62 | Hold | DCF, Buy @ $2.38 |
10/16/17 | DBS Vickers | Starhub | 2.67 | 2.2 | Fully Valued | DCF |
11/03/17 | OCBC | Starhub | 2.64 | 2.3 | Sell | |
11/03/17 | Kim Eng | Starhub | 2.64 | 2.17 | Sell | DCF |
11/03/17 | UOB Kay Hian | Starhub | 2.64 | 2.62 | Hold | DCF, Buy @ $2.38 |
11/03/17 | Credit Suisse | Starhub | 2.64 | 2.2 | Underperform | |
11/03/17 | DMG & Partners | Starhub | 2.64 | 2.7 | Neutral | DCF |
11/03/17 | CIMB | Starhub | 2.64 | 2.5 | Hold | DCF |
11/03/17 | Citibank | Starhub | 2.64 | 3 | Buy | |
11/06/17 | DBS Vickers | Starhub | 2.72 | 2.2 | Fully Valued | DCF |
12/20/17 | CIMB | Starhub | 2.88 | 2.5 | Hold | |
12/20/17 | Citibank | Starhub | 2.88 | 3 | Hold | |
01/10/18 | DMG & Partners | Starhub | 2.89 | 2.7 | Neutral | |
01/12/18 | UOB Kay Hian | Starhub | 2.93 | 2.62 | Hold | |
01/17/18 | CIMB | Starhub | 2.92 | 2.8 | Hold | DCF |
01/26/18 | DBS Vickers | Starhub | 2.97 | 2.2 | Fully Valued | DCF |
02/15/18 | OCBC | Starhub | 2.86 | 2.2 | Sell | |
02/15/18 | UOB Kay Hian | Starhub | 2.86 | 2.7 | Hold | DCF, Buy @ $2.50 |
02/15/18 | Kim Eng | Starhub | 2.86 | 2.27 | Sell | DCF |
02/15/18 | Credit Suisse | Starhub | 2.86 | 2.15 | Underperform | |
02/15/18 | CIMB | Starhub | 2.86 | 2.7 | Hold | DCF |
02/15/18 | Lim & Tan | Starhub | 2.86 | 0 | Sell | |
02/15/18 | DMG & Partners | Starhub | 2.86 | 2.65 | Neutral | |
02/15/18 | Citibank | Starhub | 2.86 | 2.3 | Sell | |
02/20/18 | DBS Vickers | Starhub | 2.6 | 2.2 | Fully Valued | DCF |
03/12/18 | UOB Kay Hian | Starhub | 2.47 | 2.7 | Hold | |
03/14/18 | Kim Eng | Starhub | 2.44 | 2.27 | Sell | DCF |
03/15/18 | CIMB | Starhub | 2.43 | 2.7 | Hold | DCF |
03/15/18 | DMG & Partners | Starhub | 2.43 | 2.65 | Neutral | |
03/20/18 | UOB Kay Hian | Starhub | 2.43 | 2.25 | Sell | |
04/03/18 | Kim Eng | Starhub | 2.33 | 2.27 | Hold | |
04/10/18 | OCBC | Starhub | 2.28 | 2.2 | Hold | |
04/10/18 | UOB Kay Hian | Starhub | 2.28 | 2.25 | Sell | |
04/10/18 | Citibank | Starhub | 2.28 | 2.3 | Hold | |
05/04/18 | UOB Kay Hian | Starhub | 2.31 | 2.25 | Sell | DCF |
05/04/18 | Kim Eng | Starhub | 2.31 | 2.27 | Hold | DCF |
05/04/18 | DMG & Partners | Starhub | 2.31 | 2.5 | Neutral | DCF |
05/04/18 | OCBC | Starhub | 2.31 | 2.2 | Hold | |
05/07/18 | CIMB | Starhub | 2.29 | 2.4 | Hold | DCF |
05/07/18 | DBS Vickers | Starhub | 2.29 | 2.05 | Fully Valued | DCF |
06/12/18 | UOB Kay Hian | Starhub | 1.84 | 1.98 | Hold | DCF |
06/12/18 | Citibank | Starhub | 1.84 | 2 | Hold | |
06/27/18 | DMG & Partners | Starhub | 1.73 | 1.9 | Neutral | DCF |
06/27/18 | DBS Vickers | Starhub | 1.73 | 1.42 | Hold | EV/Ebitda5.6x |
07/03/18 | UOB Kay Hian | Starhub | 1.64 | 1.98 | Hold | |
07/09/18 | Kim Eng | Starhub | 1.7 | 1.96 | Buy | DCF |
08/08/18 | UOB Kay Hian | Starhub | 1.69 | 1.92 | Hold | DCF, Buy @ $1.65 |
08/08/18 | DBS Vickers | Starhub | 1.69 | 1.42 | Hold | EV/Ebitda5.6x |
08/08/18 | DMG & Partners | Starhub | 1.69 | 1.78 | Neutral | DCF |
08/08/18 | OCBC | Starhub | 1.69 | 1.65 | Hold | |
08/08/18 | Citibank | Starhub | 1.69 | 1.55 | Hold | |
08/15/18 | CIMB | Starhub | 1.65 | 1.85 | Add | DCF |
08/20/18 | UOB Kay Hian | Starhub | 1.66 | 1.82 | Hold | DCF, Buy @ $1.64 |
09/06/18 | Kim Eng | Starhub | 1.61 | 1.96 | Buy | DCF |
09/06/18 | UOB Kay Hian | Starhub | 1.61 | 1.85 | Hold | DCF |
09/06/18 | CIMB | Starhub | 1.61 | 1.85 | Add | DCF |
09/06/18 | DBS Vickers | Starhub | 1.61 | 1.42 | Hold | EV/Ebitda5.6x |
09/06/18 | DMG & Partners | Starhub | 1.61 | 1.78 | Neutral | DCF |
09/25/18 | UOB Kay Hian | Starhub | 1.71 | 1.92 | Buy | DCF |
09/28/18 | Citibank | Starhub | 1.88 | 1.55 | Sell | |
10/01/18 | UOB Kay Hian | Starhub | 1.87 | 2.1 | Buy | DCF |
10/04/18 | DMG & Partners | Starhub | 1.87 | 1.78 | Neutral | |
10/04/18 | OCBC | Starhub | 1.87 | 1.65 | Hold | |
10/04/18 | CIMB | Starhub | 1.87 | 2 | Add | DCF |
10/04/18 | DBS Vickers | Starhub | 1.87 | 2.45 | Buy | DCF |
10/05/18 | Kim Eng | Starhub | 1.95 | 2.21 | Buy | DCF |
10/19/18 | UOB Kay Hian | Starhub | 1.96 | 2.3 | Buy | DCF |
11/02/18 | DBS Vickers | Starhub | 1.98 | 2.45 | Buy | DCF |
11/07/18 | CIMB | Starhub | 1.96 | 2 | Hold | DCF |
11/07/18 | Kim Eng | Starhub | 1.96 | 2.21 | Buy | DCF |
11/12/18 | UOB Kay Hian | Starhub | 1.94 | 2.3 | Buy | DCF |
11/12/18 | DMG & Partners | Starhub | 1.94 | 1.9 | Neutral | DCF |
11/12/18 | OCBC | Starhub | 1.94 | 1.92 | Hold |
Starhill - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/09/17 | DBS Vickers | Starhill | 0.77 | 0.87 | Buy | DCF |
01/18/17 | DIR | Starhill | 0.75 | 0.88 | Outperform | DDM |
01/31/17 | DBS Vickers | Starhill | 0.76 | 0.85 | Buy | DCF |
02/02/17 | CIMB | Starhill | 0.77 | 0.72 | Hold | DDM |
02/02/17 | DIR | Starhill | 0.77 | 0.86 | Outperform | DDM |
02/02/17 | DMG & Partners | Starhill | 0.77 | 0.81 | Buy | DDM |
02/02/17 | OCBC | Starhill | 0.77 | 0.82 | Buy | |
03/07/17 | UOB Kay Hian | Starhill | 0.745 | 0.9 | Buy | |
03/10/17 | DMG & Partners | Starhill | 0.735 | 0.81 | Buy | |
04/04/17 | DBS Vickers | Starhill | 0.76 | 0.85 | Buy | |
04/07/17 | DMG & Partners | Starhill | 0.765 | 0.81 | Buy | DDM |
04/11/17 | UOB Kay Hian | Starhill | 0.77 | 0.9 | Buy | DDM |
04/18/17 | DIR | Starhill | 0.765 | 0.86 | Outperform | |
04/28/17 | DBS Vickers | Starhill | 0.775 | 0.83 | Buy | PB0.86x |
04/28/17 | OCBC | Starhill | 0.775 | 0.82 | Buy | |
05/05/17 | DIR | Starhill | 0.76 | 0.85 | Outperform | DDM |
05/17/17 | OCBC | Starhill | 0.75 | 0.82 | Buy | |
05/26/17 | OCBC | Starhill | 0.76 | 0.81 | Hold | |
06/06/17 | DIR | Starhill | 0.755 | 0.85 | Outperform | |
07/04/17 | DMG & Partners | Starhill | 0.78 | 0.81 | Buy | |
07/31/17 | DIR | Starhill | 0.775 | 0.85 | Outperform | DDM |
07/31/17 | Religare | Starhill | 0.775 | 0.88 | Buy | |
08/01/17 | OCBC | Starhill | 0.78 | 0.82 | Buy | DDM |
08/01/17 | DMG & Partners | Starhill | 0.78 | 0.81 | Neutral | DDM |
08/01/17 | CIMB | Starhill | 0.78 | 0.83 | Hold | DDM |
08/02/17 | DBS Vickers | Starhill | 0.78 | 0.82 | Buy | |
09/15/17 | DIR | Starhill | 0.75 | 0.8 | Outperform | DDM |
09/21/17 | DMG & Partners | Starhill | 0.75 | 0.81 | Neutral | |
10/23/17 | UOB Kay Hian | Starhill | 0.775 | 0.9 | Buy | |
10/31/17 | CIMB | Starhill | 0.775 | 0.83 | Hold | DDM |
11/01/17 | OCBC | Starhill | 0.77 | 0.77 | Hold | |
11/01/17 | DBS Vickers | Starhill | 0.77 | 0.82 | Buy | DCF |
01/02/18 | Kim Eng | Starhill | 0.78 | 0.7 | Sell | DDM |
01/05/18 | DMG & Partners | Starhill | 0.775 | 0.81 | Neutral | DDM |
01/30/18 | OCBC | Starhill | 0.78 | 0.77 | Hold | |
01/30/18 | Lim & Tan | Starhill | 0.78 | 0 | Hold | |
03/19/18 | DBS Vickers | Starhill | 0.725 | 0.82 | Buy | |
04/27/18 | OCBC | Starhill | 0.72 | 0.77 | Hold | |
04/27/18 | Kim Eng | Starhill | 0.72 | 0.7 | Sell | |
05/17/18 | DMG & Partners | Starhill | 0.685 | 0.81 | Neutral | |
06/19/18 | OCBC | Starhill | 0.66 | 0.65 | Hold | |
07/30/18 | Kim Eng | Starhill | 0.685 | 0.65 | Hold | DDM |
07/30/18 | OCBC | Starhill | 0.685 | 0.65 | Hold | |
07/31/18 | CIMB | Starhill | 0.685 | 0.69 | Hold | DDM |
08/17/18 | OCBC | Starhill | 0.675 | 0.74 | Buy | |
10/16/18 | DMG & Partners | Starhill | 0.67 | 0.8 | Buy | DDM |
10/31/18 | OCBC | Starhill | 0.665 | 0.71 | Buy | |
11/01/18 | CIMB | Starhill | 0.67 | 0.74 | Add | DDM |
11/20/18 | DMG & Partners | Starhill | 0.665 | 0.8 | Buy |
Stock calls for 7 December 2018
Date | Analyst | Company | Last | Target | Call | Valuation |
12/07/18 | DBS Vickers | AIMS AMP Cap Ind Reit | 1.34 | 1.5 | Buy | DCF |
12/07/18 | DBS Vickers | Capitamall Trust | 2.26 | 2.44 | Buy | |
12/07/18 | Lim & Tan | City Developments | 8.65 | 0 | Buy | |
12/07/18 | UOB Kay Hian | Guocoland | 1.75 | 2.8 | Buy | |
12/07/18 | UOB Kay Hian | Ho Bee | 2.41 | 2.79 | Buy | RNAV (30% discount) |
12/07/18 | DBS Vickers | Keppel KBS | 0.56 | 0.78 | Buy | DCF |
12/07/18 | DBS Vickers | Mapletree Logistics | 1.28 | 1.5 | Buy | |
12/07/18 | UOB Kay Hian | Oxley | 0.295 | 0.64 | Buy | |
12/07/18 | Lim & Tan | UOL | 6.23 | 0 | Buy | |
12/07/18 | UOB Kay Hian | Wing Tai | 1.96 | 2.45 | Buy |
China is winning the trade tariff war against the US.
https://www.marketwatch.com/story/us-trade-deficit-climbs-to-10-year-high-despite-tariffs-tough-trump-stance-2018-12-06
The US trade deficit is rising against China to US$55.5b. What does this show?
This means that China tariffs against the US are more effective than the US's tariffs against China because the US's exports to China are declining more than its imports from China. Furthermore, the US employee's layoffs are increasing because of the trade war.
The US tariffs are hurting the US more than China. Therefore, the longer is the trade war, the more the US consumers will suffer.
The US trade deficit is rising against China to US$55.5b. What does this show?
This means that China tariffs against the US are more effective than the US's tariffs against China because the US's exports to China are declining more than its imports from China. Furthermore, the US employee's layoffs are increasing because of the trade war.
The US tariffs are hurting the US more than China. Therefore, the longer is the trade war, the more the US consumers will suffer.
Travel alert to Kuala Lumpur
https://sg.finance.yahoo.com/news/singaporeans-advised-defer-non-essential-042346184.html
Singapore has issued a travel alert to KL. Please refrain from travelling to KL for tomorrow.
Singapore has issued a travel alert to KL. Please refrain from travelling to KL for tomorrow.
Cryptocurrency like bitcoin is beginning to wind down.
https://finance.yahoo.com/news/why-bitcoin-virtually-worthless-finance-165126365.html
Bitcoin drops to US$3,500 after our postings.
http://sg-stock.blogspot.com/2018/12/a-dead-cat-bounce-for-bitcoin-part-2.html
Many investors are dumping cryptos such as bitcoin after getting educated by our posts.
Bitcoin drops to US$3,500 after our postings.
http://sg-stock.blogspot.com/2018/12/a-dead-cat-bounce-for-bitcoin-part-2.html
Many investors are dumping cryptos such as bitcoin after getting educated by our posts.
Thursday, December 6, 2018
OMG! Noble cannot relist on SGX!
https://www.businesstimes.com.sg/companies-markets/singapore-regulators-wont-let-noble-re-list-citing-potentially-inflated-assets
This means that the restructuring deal has hit an impasse and there is real fraud in Noble because there are inflated assets in Noble.
Goodbye Noble!
This means that the restructuring deal has hit an impasse and there is real fraud in Noble because there are inflated assets in Noble.
Goodbye Noble!
ST Engineering - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/02/17 | OCBC | ST Engineering | 3.3 | 3.2 | Hold | |
01/03/17 | UOB Kay Hian | ST Engineering | 3.23 | 3.42 | Buy | |
01/05/17 | Credit Suisse | ST Engineering | 3.3 | 4 | Outperform | |
01/13/17 | DBS Vickers | ST Engineering | 3.34 | 3.5 | Buy | |
01/19/17 | Lim & Tan | ST Engineering | 3.41 | 0 | Buy | |
02/08/17 | UOB Kay Hian | ST Engineering | 3.37 | 3.42 | Buy | |
02/10/17 | CIMB | ST Engineering | 3.36 | 3.75 | Add | DCF & PER22x CY18 |
02/10/17 | Credit Suisse | ST Engineering | 3.36 | 4 | Outperform | |
02/17/17 | CIMB | ST Engineering | 3.4 | 3.82 | Add | DCF & PER22x |
02/17/17 | Lim & Tan | ST Engineering | 3.4 | 0 | Buy | |
02/17/17 | OCBC | ST Engineering | 3.4 | 3.2 | Hold | |
02/17/17 | UOB Kay Hian | ST Engineering | 3.4 | 3.7 | Buy | DDM, PER21x |
03/13/17 | Credit Suisse | ST Engineering | 3.66 | 4 | Outperform | |
03/21/17 | UOB Kay Hian | ST Engineering | 3.68 | 3.7 | Buy | |
03/24/17 | Kim Eng | ST Engineering | 3.64 | 3.17 | Hold | PER18x FY17 |
04/04/17 | DBS Vickers | ST Engineering | 3.65 | 3.8 | Buy | |
04/05/17 | UOB Kay Hian | ST Engineering | 3.64 | 3.7 | Buy | |
04/10/17 | CIMB | ST Engineering | 3.65 | 3.82 | Add | |
04/19/17 | Credit Suisse | ST Engineering | 3.75 | 4 | Outperform | |
04/19/17 | Lim & Tan | ST Engineering | 3.75 | 0 | Buy | |
05/15/17 | CIMB | ST Engineering | 3.75 | 3.82 | Add | PER22x & DCF |
05/15/17 | Credit Suisse | ST Engineering | 3.75 | 4 | Outperform | |
05/15/17 | DBS Vickers | ST Engineering | 3.75 | 4.12 | Buy | DCF & PER23x |
05/15/17 | OCBC | ST Engineering | 3.75 | 3.7 | Hold | DCF |
05/15/17 | UOB Kay Hian | ST Engineering | 3.75 | 3.9 | Hold | DCF, PER22.7x FY17, Buy @ $3.60 or lower |
05/16/17 | Lim & Tan | ST Engineering | 3.71 | 0 | Buy | |
06/06/17 | UOB Kay Hian | ST Engineering | 3.73 | 3.9 | Hold | |
06/16/17 | DBS Vickers | ST Engineering | 3.72 | 4.12 | Buy | |
07/24/17 | CIMB | ST Engineering | 3.77 | 3.82 | Add | DCF & PER22x |
07/27/17 | DBS Vickers | ST Engineering | 3.79 | 4.12 | Buy | PER23x |
08/02/17 | DIR | ST Engineering | 3.8 | 4.46 | Buy | DCF |
08/14/17 | OCBC | ST Engineering | 3.7 | 3.61 | Hold | DCF |
08/14/17 | DIR | ST Engineering | 3.7 | 4.39 | Buy | DCF |
08/14/17 | UOB Kay Hian | ST Engineering | 3.7 | 3.8 | Hold | Buy @ $3.50 |
08/14/17 | CIMB | ST Engineering | 3.7 | 3.82 | Add | DCF & PER22x CY18 |
08/14/17 | DBS Vickers | ST Engineering | 3.7 | 3.8 | Hold | |
08/14/17 | Lim & Tan | ST Engineering | 3.7 | 0 | Buy | |
08/15/17 | Credit Suisse | ST Engineering | 3.68 | 4 | Outperform | |
09/06/17 | DMG & Partners | ST Engineering | 3.59 | 4.07 | Buy | DCF & PER23.3x FY18 & PB5.5x & EV/Ebitda16x |
09/28/17 | Lim & Tan | ST Engineering | 3.49 | 0 | Buy | |
10/04/17 | DIR | ST Engineering | 3.43 | 4.39 | Buy | DCF |
10/12/17 | Crucial Perspective | ST Engineering | 3.35 | 4.3 | Outperform | |
10/25/17 | Lim & Tan | ST Engineering | 3.38 | 0 | Buy | |
10/27/17 | UOB Kay Hian | ST Engineering | 3.46 | 3.8 | Buy | |
11/08/17 | Lim & Tan | ST Engineering | 3.47 | 0 | Buy | |
11/09/17 | DMG & Partners | ST Engineering | 3.41 | 4.04 | Buy | PER23x & PB5.5x & EV/Ebitda16x & DCF |
11/09/17 | UOB Kay Hian | ST Engineering | 3.41 | 3.8 | Buy | DCF |
11/09/17 | Credit Suisse | ST Engineering | 3.41 | 4 | Outperform | |
11/09/17 | OCBC | ST Engineering | 3.41 | 3.61 | Hold | |
11/09/17 | CIMB | ST Engineering | 3.41 | 3.85 | Add | PER22x CY19 |
11/09/17 | DBS Vickers | ST Engineering | 3.41 | 3.7 | Hold | |
12/20/17 | CIMB | ST Engineering | 3.17 | 3.85 | Add | |
01/05/18 | DBS Vickers | ST Engineering | 3.3 | 3.7 | Hold | |
01/18/18 | CIMB | ST Engineering | 3.31 | 3.85 | Add | DCF & PER22x CY19 |
01/22/18 | Lim & Tan | ST Engineering | 3.32 | 0 | Buy | |
02/07/18 | OCBC | ST Engineering | 3.23 | 4 | Buy | |
02/07/18 | CIMB | ST Engineering | 3.23 | 3.85 | Add | |
02/20/18 | DMG & Partners | ST Engineering | 3.35 | 4.2 | Buy | |
02/26/18 | CIMB | ST Engineering | 3.39 | 3.8 | Add | DCF, PER & Div yield |
02/26/18 | UOB Kay Hian | ST Engineering | 3.39 | 3.6 | Hold | DCF, Buy @ $3.20 |
02/26/18 | DBS Vickers | ST Engineering | 3.39 | 3.9 | Buy | |
02/26/18 | Lim & Tan | ST Engineering | 3.39 | 0 | Buy | |
02/27/18 | DMG & Partners | ST Engineering | 3.44 | 4.04 | Buy | PER23x & PB5.5x & EV/Ebitda16x & DCF |
03/02/18 | Lim & Tan | ST Engineering | 3.38 | 0 | Buy | |
03/05/18 | CIMB | ST Engineering | 3.36 | 3.8 | Add | DCF & PER & Div Yield |
03/09/18 | UOB Kay Hian | ST Engineering | 3.38 | 3.6 | Hold | |
03/12/18 | Kim Eng | ST Engineering | 3.38 | 4.15 | Buy | DCF |
03/13/18 | Amfrasers | ST Engineering | 3.43 | 3.88 | Buy | |
03/13/18 | Credit Suisse | ST Engineering | 3.43 | 4 | Outperform | DCF |
03/23/18 | UOB Kay Hian | ST Engineering | 3.47 | 4.1 | Buy | EV/Invested capital basis, PER23x FY19 |
03/23/18 | DBS Vickers | ST Engineering | 3.47 | 4.1 | Buy | DCF & PER22x |
04/12/18 | Lim & Tan | ST Engineering | 3.65 | 0 | Buy | |
04/16/18 | DMG & Partners | ST Engineering | 3.67 | 4.04 | Buy | |
04/23/18 | Macquarie | ST Engineering | 3.65 | 3.9 | Outperform | |
05/11/18 | Lim & Tan | ST Engineering | 3.46 | 0 | Buy | |
05/14/18 | CIMB | ST Engineering | 3.39 | 3.8 | Add | DCF & PER20x CY19 |
05/14/18 | DBS Vickers | ST Engineering | 3.39 | 4.1 | Buy | |
05/14/18 | DMG & Partners | ST Engineering | 3.39 | 4.04 | Buy | PER23x & PB5.5x & EV/Ebitda16x & DCF |
05/23/18 | UOB Kay Hian | ST Engineering | 3.47 | 4.1 | Buy | |
06/04/18 | UOB Kay Hian | ST Engineering | 3.45 | 4.1 | Buy | |
06/28/18 | DBS Vickers | ST Engineering | 3.29 | 4.1 | Buy | |
07/03/18 | UOB Kay Hian | ST Engineering | 3.27 | 4.1 | Buy | |
07/05/18 | OCBC | ST Engineering | 3.25 | 3.9 | Buy | |
08/03/18 | UOB Kay Hian | ST Engineering | 3.36 | 4.1 | Buy | EV/Invested capital basis, PER22x FY18 |
08/10/18 | Kim Eng | ST Engineering | 3.45 | 4.15 | Buy | DCF |
08/10/18 | CIMB | ST Engineering | 3.45 | 3.8 | Add | Sum of parts |
08/10/18 | OCBC | ST Engineering | 3.45 | 3.9 | Buy | FCFE |
08/10/18 | DBS Vickers | ST Engineering | 3.45 | 4.1 | Buy | |
08/10/18 | DMG & Partners | ST Engineering | 3.45 | 3.97 | Buy | |
09/03/18 | CIMB | ST Engineering | 3.34 | 3.8 | Add | PER20x CY19 & DCF & 4% Div Yield |
09/06/18 | DMG & Partners | ST Engineering | 3.26 | 3.97 | Buy | |
09/10/18 | UOB Kay Hian | ST Engineering | 3.32 | 3.8 | Buy | EV/Invested capital basis |
09/14/18 | DBS Vickers | ST Engineering | 3.29 | 4.3 | Buy | |
09/14/18 | OCBC | ST Engineering | 3.29 | 3.95 | Buy | |
09/17/18 | Kim Eng | ST Engineering | 3.53 | 4.35 | Buy | DCF |
10/01/18 | UOB Kay Hian | ST Engineering | 3.56 | 4.06 | Buy | EV/Invested capital & PER20.9x FY18 |
10/08/18 | CIMB | ST Engineering | 3.53 | 3.8 | Add | |
11/02/18 | UOB Kay Hian | ST Engineering | 3.54 | 4.06 | Buy | EV/Invested capital & PER20.9x FY19 |
11/05/18 | DBS Vickers | ST Engineering | 3.52 | 4.3 | Buy | |
11/13/18 | DMG & Partners | ST Engineering | 3.5 | 3.97 | Buy | |
11/15/18 | DBS Vickers | ST Engineering | 3.5 | 4.15 | Buy | Sum of parts |
11/15/18 | Kim Eng | ST Engineering | 3.5 | 4.35 | Buy | DCF |
11/15/18 | CIMB | ST Engineering | 3.5 | 3.94 | Add | Sum of parts |
11/29/18 | OCBC | ST Engineering | 3.5 | 3.95 | Buy |
Spindex - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
07/28/17 | Lim & Tan | Spindex | 0.985 | 0 | Buy | |
08/22/17 | Lim & Tan | Spindex | 1.165 | 0 | Buy | |
09/22/17 | SI Research | Spindex | 1.11 | 1.46 | Buy | PER12x |
Subscribe to:
Posts (Atom)