Date | Analyst | Company | Last | Target | Call | Valuation |
01/09/18 | UOB Kay Hian | Citic Envirotech | 0.74 | 1.09 | Buy | DCF |
01/09/18 | UOB Kay Hian | Cityneon | 0.97 | 1.55 | Buy | PER15.4x FY18 |
01/09/18 | Deutsche | DBS | 26.45 | 27.1 | Hold | |
01/09/18 | DMG & Partners | HRnetGroup | 0.82 | 1.14 | Buy | DCF |
01/09/18 | DBS Vickers | Keppel Corp | 7.77 | 9.8 | Buy | Sum of parts, PB1.3x FY18 |
01/09/18 | DBS Vickers | Mapletree Logistics | 1.36 | 1.38 | Buy | |
01/09/18 | Deutsche | OCBC | 12.99 | 13.6 | Hold | |
01/09/18 | OCBC | OUE Commercial | 0.75 | 0.67 | Hold | |
01/09/18 | DBS Vickers | SPH Reit | 1.07 | 1.07 | Hold | DCF |
01/09/18 | Deutsche | UOB | 27.25 | 30.6 | Buy |
Tuesday, January 9, 2018
Stock calls for 9 January 2018
Taiwan is embarking on a smearing campaign against China again.
http://www.worldnews.easybranches.com/regions/asia/taiwan-demands-immediate-halt-to-new-china-flight-routes-571987
ICAO, an agency under the UN, had approved the air route M503 for a 2-way flight (North-South & South-North) but China only started a one-way flight (North-South) in 2015 because of the friendly relationship between the 2 countries. However, this was not mentioned by Taiwan at all during the protest.
Then, China decides to commence its South-North route for M503 in 2018 as it has the prerogative and approval from ICAO. Therefore, I see no valid reason for Taiwan to demand China to halt this South-North flight on the M503 route because China has been flying on the M503 route for 3 years already.
ICAO, an agency under the UN, had approved the air route M503 for a 2-way flight (North-South & South-North) but China only started a one-way flight (North-South) in 2015 because of the friendly relationship between the 2 countries. However, this was not mentioned by Taiwan at all during the protest.
Then, China decides to commence its South-North route for M503 in 2018 as it has the prerogative and approval from ICAO. Therefore, I see no valid reason for Taiwan to demand China to halt this South-North flight on the M503 route because China has been flying on the M503 route for 3 years already.
Korean Hyundai is attacking the Japanese car manufacturers!
The Japanese Kobe steel scandal has affected the automotive industry and Hyundai is taking advantage of the scandal to showcase its steel quality over the Japan-made cars.
In another Korean stunt, Hyundai managed to stack 7 cars vertically to prove its steel mettle.
Bomb cyclone is creating weather havoc now and polar vortex is coming too!
Just look at the weather havoc created by the bomb cyclone in the USA & China.
https://www.washingtonpost.com/news/capital-weather-gang/wp/2018/01/02/monster-storm-to-blast-east-coast-before-polar-vortex-uncorks-tremendous-cold-late-this-week/?utm_term=.5646aff059df
New York
China yellow river (Huanghe)
The polar vortex is no longer able to be contained in the Arctic and will flow to the USA and beyond. Scientists have discovered that the Arctic is forming more ice but the Antarctic is melting its ice. Some scientists are postulating that ice age will happen in 2030 because of the sun activity.
http://metro.co.uk/2018/01/02/mini-ice-age-hit-2030-save-us-global-warming-scientists-claim-7196604/
https://www.washingtonpost.com/news/capital-weather-gang/wp/2018/01/02/monster-storm-to-blast-east-coast-before-polar-vortex-uncorks-tremendous-cold-late-this-week/?utm_term=.5646aff059df
New York
China yellow river (Huanghe)
The polar vortex is no longer able to be contained in the Arctic and will flow to the USA and beyond. Scientists have discovered that the Arctic is forming more ice but the Antarctic is melting its ice. Some scientists are postulating that ice age will happen in 2030 because of the sun activity.
http://metro.co.uk/2018/01/02/mini-ice-age-hit-2030-save-us-global-warming-scientists-claim-7196604/
Monday, January 8, 2018
Hotung - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/20/17 | DMG & Partners | Hotung | 1.515 | 1.9 | Buy | PB0.6x, Yield 7% |
04/17/17 | DMG & Partners | Hotung | 1.75 | 2 | Buy | PB0.6x FY17 |
06/07/17 | UOB Kay Hian | Hotung | 1.87 | 3.38 | Buy | |
06/12/17 | Lim & Tan | Hotung | 1.92 | 3.02 | Buy | |
07/05/17 | UOB Kay Hian | Hotung | 1.865 | 3.38 | Buy | PB0.94x |
08/17/17 | UOB Kay Hian | Hotung | 2.1 | 2.93 | Buy |
Hotel Properties - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
02/29/16 | OCBC | Hotel Properties | 3.5 | 5.32 | Buy | |
03/07/16 | OCBC | Hotel Properties | 3.55 | 4.83 | Buy | |
05/17/16 | OCBC | Hotel Properties | 3.47 | 4.83 | Buy | |
08/12/16 | OCBC | Hotel Properties | 3.5 | 4.83 | Buy | |
02/28/17 | OCBC | Hotel Properties | 3.76 | 4.83 | Buy | |
08/16/17 | OCBC | Hotel Properties | 3.87 | 4.83 | Buy |
HongKong Land - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/26/16 | Credit Suisse | Hongkong Land | 5.95 | 7.9 | Outperform | |
01/26/16 | Deutsche | Hongkong Land | 5.95 | 7.2 | Hold | |
03/04/16 | Lim & Tan | Hongkong Land | 6.02 | 0 | Buy | |
03/07/16 | Credit Suisse | Hongkong Land | 6.14 | 7.5 | Outperform | |
03/07/16 | DBS Vickers | Hongkong Land | 6.14 | 8.16 | Buy | |
03/07/16 | Deutsche | Hongkong Land | 6.14 | 4.86 | Sell | RNAV (38% discount), PER14x FY16 |
08/01/16 | Credit Suisse | Hongkong Land | 6.4 | 7.2 | Neutral | |
08/01/16 | DBS Vickers | Hongkong Land | 6.4 | 7.87 | Buy | |
08/01/16 | Deutsche | Hongkong Land | 6.4 | 5.76 | Sell | |
11/11/16 | DBS Vickers | Hongkong Land | 6.63 | 7.76 | Buy | |
12/07/16 | Deutsche | Hongkong Land | 6.4 | 5.76 | Sell | |
03/03/17 | CIMB | Hongkong Land | 7.02 | 7.8 | Add | RNAV (40% discount) |
03/03/17 | DBS Vickers | Hongkong Land | 7.02 | 7.8 | Buy | RNAV (35% discount) |
03/03/17 | Lim & Tan | Hongkong Land | 7.02 | 0 | Buy | |
03/06/17 | Credit Suisse | Hongkong Land | 6.84 | 7.2 | Neutral | |
03/06/17 | DBS Vickers | Hongkong Land | 6.84 | 7.9 | Buy | |
04/04/17 | CIMB | Hongkong Land | 7.72 | 8.5 | Add | RNAV (35% discount) |
05/04/17 | DBS Vickers | Hongkong Land | 7.75 | 8.51 | Buy | RNAV (30% discount) |
06/13/17 | Lim & Tan | Hongkong Land | 7.76 | 0 | Buy | |
08/03/17 | DBS Vickers | Hongkong Land | 7.54 | 8.93 | Buy | RNAV (30% discount) |
08/04/17 | CIMB | Hongkong Land | 7.59 | 9.1 | Add | RNAV (35% discount) |
08/07/17 | DIR | Hongkong Land | 7.8 | 9.3 | Buy | RNAV (30% discount), Up from $8.70 |
11/10/17 | DBS Vickers | Hongkong Land | 7.32 | 8.93 | Buy | RNAV (30% discount) |
12/20/17 | CIMB | Hongkong Land | 7.16 | 9.1 | Add |
Stock calls for 8 January 2018
Date | Analyst | Company | Last | Target | Call | Valuation |
01/08/18 | DBS Vickers | Capitaland | 3.65 | 4.35 | Buy | RNAV (10% discount) |
01/08/18 | CIMB | Capitaland | 3.65 | 4.25 | Add | RNAV (20% discount) |
01/08/18 | UOB Kay Hian | Capitaland | 3.65 | 4.3 | Buy | RNAV (15% discount) |
01/08/18 | DMG & Partners | Capitaland | 3.65 | 4.2 | Buy | RNAV (15% discount) |
01/08/18 | DMG & Partners | DBS | 26.32 | 23.33 | Neutral | |
01/08/18 | CIMB | HMI | 0.665 | 0.83 | Add | DCF |
01/08/18 | CIMB | Q & M | 0.65 | 0.61 | Reduce | PER28x CY19 |
01/08/18 | CIMB | Raffles Medical | 1.12 | 1.24 | Add | Sum of parts |
01/08/18 | CIMB | SPH Reit | 1.07 | 1.06 | Hold | DDM |
01/08/18 | Lim & Tan | SPH Reit | 1.07 | 0 | Hold | |
01/08/18 | OCBC | SPH Reit | 1.07 | 1.08 | Hold | |
01/08/18 | CIMB | Talkmed | 0.69 | 0.68 | Hold | DCF |
01/08/18 | DMG & Partners | UOB | 26.91 | 28.88 | Buy |
Saturday, January 6, 2018
OMG! My friend's car was shot in Manila today!
I didn't take this picture from the internet. This is my friend's car with a bullet hole.
My friend's car was shot while she was driving out for lunch in Manila. Fortunately, nobody was killed or hit by the bullet. Manila is really a dangerous place. Therefore, please be careful when you want to go to Manila for business or leisure.
Let this picture be a warning to all.
My friend's car was shot while she was driving out for lunch in Manila. Fortunately, nobody was killed or hit by the bullet. Manila is really a dangerous place. Therefore, please be careful when you want to go to Manila for business or leisure.
Let this picture be a warning to all.
Many US retailers are closing down due to good economic growth! Does this make sense?
http://clark.com/shopping-retail/major-retailers-closing-2017/
More than 5,000 USA retail stores closed down in 2017 and more than 1,000 reported that they would close down in 2018. The retail store closures will definitely be in thousands in 2018.
If the USA economy is growing well and yet the retail stores are closing down in droves, this can only mean 2 things. Either the government is fudging the numbers or there is a structural change in the consumer shopping habit.
Could this be the so-called Amazon effect that revolutionized the shopping trend in the USA?
We'll let you ponder over this. Good economic growth but more retail store closures is definitely an uncanny phenomenon.
More than 5,000 USA retail stores closed down in 2017 and more than 1,000 reported that they would close down in 2018. The retail store closures will definitely be in thousands in 2018.
If the USA economy is growing well and yet the retail stores are closing down in droves, this can only mean 2 things. Either the government is fudging the numbers or there is a structural change in the consumer shopping habit.
Could this be the so-called Amazon effect that revolutionized the shopping trend in the USA?
We'll let you ponder over this. Good economic growth but more retail store closures is definitely an uncanny phenomenon.
China is cracking down on cryptocurrencies and bitcoin miners are fleeing.
https://finance.yahoo.com/news/bitcoin-miners-reportedly-fleeing-china-190445805.html
This is not surprising if you understand how China works.
The bitcoin fanatics are just in denial that the bitcoin ban in China is just temporary and bitcoin trading will resume in China soon. However, we've stated in our previous post that this is impossible.
https://sg-stock.blogspot.sg/2017/10/bitcoin-soars-to-all-time-high.html
If the bitcoin trading ban is just temporary in China, the bitcoin miners won't flee and forsake their set up costs.
This is not surprising if you understand how China works.
The bitcoin fanatics are just in denial that the bitcoin ban in China is just temporary and bitcoin trading will resume in China soon. However, we've stated in our previous post that this is impossible.
https://sg-stock.blogspot.sg/2017/10/bitcoin-soars-to-all-time-high.html
If the bitcoin trading ban is just temporary in China, the bitcoin miners won't flee and forsake their set up costs.
Baltic dry index - 1371
Today, Friday, January 05 2017, the Baltic Dry Index climbed by 30 points, reaching 1371 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 - 924
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. declined by five this week to 924.
That exceeds the 665 rigs that were active this time a year ago.
Houston oilfield services company Baker Hughes reported on Friday that 742 rigs were drilling for oil and 182 for natural gas this week.
Among oil- and gas-producing states, Wyoming gained two rigs and New Mexico and Texas each gained one.
Louisiana lost six rigs, Oklahoma declined by two and North Dakota lost one.
Alaska, Arkansas, California, Colorado, Ohio, Pennsylvania, Utah and West Virginia were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May of 2016 at 404.
====================
Related stocks: Keppel Corp, Sembcorp Marine & Cosco
Friday, January 5, 2018
Hong Leong Finance - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
04/05/17 | DBS Vickers | Hong Leong Finance | 2.7 | 3.2 | Buy | GGM, PB0.8x FY17 |
08/10/17 | DBS Vickers | Hong Leong Finance | 2.63 | 3.2 | Buy | GGM, PB0.8x FY17 |
11/13/17 | DBS Vickers | Hong Leong Finance | 2.72 | 3.2 | Buy | GGM, PB0.8x FY17 |
01/05/18 | DBS Vickers | Hong Leong Finance | 2.77 | 3.2 | Buy |
Hock Lian Seng - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
07/04/16 | phillip | Hock Lian Seng | 0.345 | 0.31 | Reduce | Sum of parts |
08/12/16 | phillip | Hock Lian Seng | 0.345 | 0.31 | Reduce | Sum of parts |
08/18/16 | phillip | Hock Lian Seng | 0.375 | 0.34 | Reduce | Sum of parts |
11/03/16 | CIMB | Hock Lian Seng | 0.365 | 0.34 | Not Rated | Bloomberg consensus target |
11/08/16 | phillip | Hock Lian Seng | 0.37 | 0.38 | Neutral | Sum of parts |
02/16/17 | UOB Kay Hian | Hock Lian Seng | 0.515 | 0.69 | Buy | PER7.6x FY17, Ex-Cash |
03/02/17 | phillip | Hock Lian Seng | 0.585 | 0.57 | Neutral | Sum of parts |
03/02/17 | UOB Kay Hian | Hock Lian Seng | 0.585 | 0.69 | Buy | |
05/11/17 | phillip | Hock Lian Seng | 0.475 | 0.57 | Accumulate | Sum of parts |
05/11/17 | UOB Kay Hian | Hock Lian Seng | 0.475 | 0.585 | Buy | PER7.6x FY17, Ex-Cash |
12/06/17 | DBS Vickers | Hock Lian Seng | 0.455 | 0.58 | Not Rated | PER11x FY18 |
Ho Bee - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/14/16 | Kim Eng | Ho Bee | 1.96 | 2.84 | Buy | RNAV (34% discount), PB0.7x |
02/26/16 | Kim Eng | Ho Bee | 1.91 | 2.33 | Buy | RNAV (38% discount) |
03/10/16 | Kim Eng | Ho Bee | 1.955 | 2.33 | Buy | RNAV (38% discount) |
03/10/16 | Lim & Tan | Ho Bee | 1.955 | 0 | Buy | |
03/14/16 | phillip | Ho Bee | 2 | 2.27 | Accumulate | RNAV (40% discount) |
03/28/16 | DMG & Partners | Ho Bee | 2.13 | 2.6 | Buy | |
04/04/16 | Kim Eng | Ho Bee | 2.19 | 2.33 | Buy | |
04/20/16 | Kim Eng | Ho Bee | 2.19 | 2.47 | Buy | RNAV (40% discount) |
04/29/16 | phillip | Ho Bee | 2.17 | 2.27 | Accumulate | RNAV (40% discount) |
05/04/16 | CIMB | Ho Bee | 2.19 | 2.8 | Add | RNAV (30% discount) |
05/24/16 | UOB Kay Hian | Ho Bee | 2.23 | 2.86 | Buy | |
06/08/16 | UOB Kay Hian | Ho Bee | 2.27 | 2.82 | Buy | |
06/09/16 | Kim Eng | Ho Bee | 2.24 | 2.47 | Buy | |
06/27/16 | DMG & Partners | Ho Bee | 2.17 | 2.75 | Buy | |
06/27/16 | phillip | Ho Bee | 2.17 | 2.2 | Accumulate | RNAV (40% discount) |
06/30/16 | Kim Eng | Ho Bee | 2.13 | 2.28 | Hold | RNAV (39% discount) |
07/07/16 | UOB Kay Hian | Ho Bee | 2.11 | 2.82 | Buy | |
08/16/16 | CIMB | Ho Bee | 2.23 | 2.78 | Add | RNAV (30% discount) |
08/17/16 | phillip | Ho Bee | 2.2 | 2.2 | Accumulate | RNAV (40% discount) |
09/09/16 | Kim Eng | Ho Bee | 2.16 | 2.28 | Hold | |
10/05/16 | Kim Eng | Ho Bee | 2.16 | 2.28 | Hold | |
10/06/16 | DMG & Partners | Ho Bee | 2.16 | 2.68 | Buy | |
11/09/16 | UOB Kay Hian | Ho Bee | 2.12 | 2.82 | Buy | |
11/11/16 | Lim & Tan | Ho Bee | 2.11 | 0 | Buy | |
11/11/16 | phillip | Ho Bee | 2.11 | 2.2 | Accumulate | RNAV (40% discount) |
12/06/16 | Kim Eng | Ho Bee | 2.09 | 2.13 | Hold | |
12/13/16 | UOB Kay Hian | Ho Bee | 2.08 | 2.82 | Buy | |
01/11/17 | Kim Eng | Ho Bee | 2.06 | 2.13 | Hold | |
02/06/17 | phillip | Ho Bee | 2.29 | 2 | Accumulate | |
02/09/17 | Lim & Tan | Ho Bee | 2.3 | 0 | Buy | |
02/28/17 | Kim Eng | Ho Bee | 2.3 | 2.47 | Hold | |
03/02/17 | phillip | Ho Bee | 2.26 | 2.64 | Accumulate | RNAV (30% discount) |
03/08/17 | UOB Kay Hian | Ho Bee | 2.32 | 2.82 | Buy | |
03/13/17 | Kim Eng | Ho Bee | 2.35 | 2.47 | Hold | |
03/13/17 | UOB Kay Hian | Ho Bee | 2.35 | 3.02 | Buy | |
03/16/17 | Kim Eng | Ho Bee | 2.3 | 2.6 | Hold | |
04/26/17 | Kim Eng | Ho Bee | 2.31 | 2.6 | Hold | RNAV (36% discount) |
04/27/17 | phillip | Ho Bee | 2.37 | 2.64 | Accumulate | RNAV (30% discount) |
05/29/17 | Kim Eng | Ho Bee | 2.36 | 3 | Buy | RNAV (29% discount) |
06/16/17 | Kim Eng | Ho Bee | 2.37 | 3 | Buy | |
07/11/17 | Kim Eng | Ho Bee | 2.35 | 3 | Buy | |
08/14/17 | phillip | Ho Bee | 2.32 | 2.98 | Accumulate | RNAV (30% discount) |
08/22/17 | CIMB | Ho Bee | 2.35 | 3.39 | Add | RNAV (35% discount) |
08/28/17 | Kim Eng | Ho Bee | 2.39 | 3 | Buy | |
09/18/17 | UOB Kay Hian | Ho Bee | 2.32 | 3.02 | Buy | |
09/25/17 | Kim Eng | Ho Bee | 2.36 | 3 | Buy | |
11/10/17 | phillip | Ho Bee | 2.57 | 2.98 | Accumulate | RNAV (30% discount) |
11/17/17 | Kim Eng | Ho Bee | 2.53 | 3 | Buy | |
12/01/17 | UOB Kay Hian | Ho Bee | 2.48 | 3.02 | Buy | |
12/18/17 | Kim Eng | Ho Bee | 2.41 | 3 | Buy |
Stock calls for 5 January 2018
Date | Analyst | Company | Last | Target | Call | Percent | Valuation |
01/05/18 | DMG & Partners | A-Reit | 2.79 | 2.9 | Buy | 3.94 | |
01/05/18 | DMG & Partners | Cache Logistics | 0.875 | 0.84 | Neutral | -4.00 | |
01/05/18 | DMG & Partners | CapitaCommercial | 2.03 | 1.6 | Take Profit | -21.18 | |
01/05/18 | OCBC | Capitaland | 3.66 | 4.13 | Buy | 12.84 | |
01/05/18 | Lim & Tan | Capitaland | 3.66 | 0 | Buy | -100.00 | |
01/05/18 | DMG & Partners | Capitamall Trust | 2.11 | 2.08 | Neutral | -1.42 | |
01/05/18 | DMG & Partners | CDL Hospitality | 1.72 | 1.7 | Buy | -1.16 | |
01/05/18 | Jefferies | City Developments | 12.86 | 14.8 | Buy | 15.09 | |
01/05/18 | DBS Vickers | Cityneon | 0.97 | 1.45 | Buy | 49.48 | |
01/05/18 | UOB Kay Hian | DBS | 26.5 | 29.5 | Buy | 11.32 | |
01/05/18 | DMG & Partners | Frasers Centrepoint Trust | 2.29 | 2.24 | Neutral | -2.18 | |
01/05/18 | DMG & Partners | Frasers Commercial Trust | 1.53 | 1.39 | Neutral | -9.15 | |
01/05/18 | DBS Vickers | Genting | 1.34 | 1.51 | Buy | 12.69 | |
01/05/18 | DBS Vickers | Hong Leong Finance | 2.77 | 3.2 | Buy | 15.52 | |
01/05/18 | DMG & Partners | Keppel Reit | 1.27 | 1.05 | Neutral | -17.32 | |
01/05/18 | DMG & Partners | Manulife US Reit | 0.935 | 0.98 | Buy | 4.81 | |
01/05/18 | DBS Vickers | MM2 Asia | 0.545 | 0.73 | Buy | 33.94 | |
01/05/18 | DBS Vickers | OCBC | 12.95 | 14 | Buy | 8.11 | GGM, PB1.4x FY18 |
01/05/18 | UOB Kay Hian | OCBC | 12.95 | 14.88 | Buy | 14.90 | |
01/05/18 | OCBC | OUE Hospitality | 0.875 | 0.83 | Hold | -5.14 | |
01/05/18 | Amfrasers | Sembcorp Marine | 1.83 | 2.05 | Hold | 12.02 | |
01/05/18 | DBS Vickers | ST Engineering | 3.3 | 3.7 | Hold | 12.12 | |
01/05/18 | DMG & Partners | Starhill | 0.775 | 0.81 | Neutral | 4.52 | |
01/05/18 | DMG & Partners | Suntec Reit | 2.17 | 1.75 | Neutral | -19.35 | |
01/05/18 | DBS Vickers | UOB | 27.02 | 29.5 | Buy | 9.18 | GGM, PB1.4x FY18 |
01/05/18 | DBS Vickers | Venture | 21.97 | 26 | Buy | 18.34 | |
01/05/18 | CIMB | Yongnam | 0.335 | 0.53 | Add | 58.21 | PB0.8x FY18 |
Thursday, January 4, 2018
Paris security is getting from bad to worse.
If a policewoman could get attacked, what about ordinary people? When the bad guys are not afraid of the police anymore, the security situation is really bad in Paris.
SIA top management doesn't know how to run an airline anymore.
https://www.channelnewsasia.com/news/singapore/singapore-airlines-sia-cancels-credit-card-fees-9831474
Can you believe this? The top management wanted to impose the credit card fee on 3 Jan 2018 and then retracted the imposition the next day.
The credit card fee imposition was a major decision that would affect all consumers and could irk the customers. Therefore, this decision was not something to be taken lightly and must be done through thorough analysis and planning. However, the top management just went ahead with this decision and retracted it the next day.
This farce shows that the top management doesn't know how to run an airline anymore by making a major decision lightly without much consideration.
Can you believe this? The top management wanted to impose the credit card fee on 3 Jan 2018 and then retracted the imposition the next day.
The credit card fee imposition was a major decision that would affect all consumers and could irk the customers. Therefore, this decision was not something to be taken lightly and must be done through thorough analysis and planning. However, the top management just went ahead with this decision and retracted it the next day.
This farce shows that the top management doesn't know how to run an airline anymore by making a major decision lightly without much consideration.
Taiwanese boss knew that the oil shipment on the detained HK ship would be sold in international waters.
https://sg.finance.yahoo.com/news/taiwan-investigates-man-over-illegal-085215008.html
We've stated previously that Taiwan was responsible for the illegal oil shipment to NK. Trump and the western media were just embarking on a smearing campaign against China.
We've been proven right now. The Taiwan fishery boss admitted that he knew that the oil shipment would be sold in international waters. He chartered the HK ship to sell oil in international waters.
http://sg-stock.blogspot.sg/2018/01/hot-news-latest-update-on-detained-hk.html
We've stated previously that Taiwan was responsible for the illegal oil shipment to NK. Trump and the western media were just embarking on a smearing campaign against China.
We've been proven right now. The Taiwan fishery boss admitted that he knew that the oil shipment would be sold in international waters. He chartered the HK ship to sell oil in international waters.
http://sg-stock.blogspot.sg/2018/01/hot-news-latest-update-on-detained-hk.html
HMI - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
09/14/16 | Amfraserss | HMI | 0.53 | 0.6 | Buy | DCF, PER42x FY17 |
11/15/16 | Amfraserss | HMI | 0.755 | 0.84 | Buy | DCF, PER33x FY18 |
02/10/17 | Amfraserss | HMI | 0.645 | 0.84 | Buy | |
02/13/17 | Amfraserss | HMI | 0.645 | 0.86 | Buy | DCF, PER36x FY18 |
03/10/17 | phillip | HMI | 0.61 | 0.83 | Buy | DCF |
03/13/17 | CIMB | HMI | 0.635 | 0.81 | Add | DCF |
03/24/17 | OCBC | HMI | 0.64 | 0.8 | Buy | DCF |
04/20/17 | OCBC | HMI | 0.625 | 0.8 | Buy | |
04/20/17 | UOB Kay Hian | HMI | 0.625 | 0.83 | Buy | DCF |
05/09/17 | CIMB | HMI | 0.615 | 0.81 | Add | DCF |
05/12/17 | OCBC | HMI | 0.605 | 0.8 | Buy | DCF |
05/15/17 | Amfrasers | HMI | 0.6 | 0.86 | Buy | DCF, PER38x FY18 |
05/15/17 | CIMB | HMI | 0.6 | 0.83 | Add | DCF |
05/15/17 | phillip | HMI | 0.6 | 0.83 | Buy | DCF, PER35x FY18 |
06/05/17 | Kim Eng | HMI | 0.63 | 0.84 | Buy | DCF, PER35x FY18 |
06/08/17 | OCBC | HMI | 0.69 | 0.8 | Buy | |
06/19/17 | UOB Kay Hian | HMI | 0.685 | 0.83 | Buy | DCF |
08/01/17 | UOB Kay Hian | HMI | 0.665 | 0.83 | Buy | DCF |
08/24/17 | OCBC | HMI | 0.65 | 0.8 | Buy | DCF |
08/25/17 | Kim Eng | HMI | 0.645 | 0.8 | Buy | DCF |
08/25/17 | CIMB | HMI | 0.645 | 0.83 | Add | DCF |
08/29/17 | phillip | HMI | 0.645 | 0.83 | Buy | DCF |
09/11/17 | UOB Kay Hian | HMI | 0.635 | 0.83 | Buy | DCF |
11/15/17 | CIMB | HMI | 0.715 | 0.83 | Add | DCF |
11/15/17 | phillip | HMI | 0.715 | 0.83 | Buy | DCF |
11/15/17 | UOB Kay Hian | HMI | 0.715 | 0.83 | Buy | DCF |
11/15/17 | Kim Eng | HMI | 0.715 | 0.8 | Buy | DCF |
Hi-P - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
05/06/16 | Lim & Tan | Hi-P | 0.425 | 0 | Hold | |
05/23/17 | DBS Vickers | Hi-P | 0.88 | 1.07 | Buy | PER12x FY18 |
06/16/17 | DBS Vickers | Hi-P | 0.935 | 1.07 | Buy | |
08/07/17 | DBS Vickers | Hi-P | 1.19 | 1.45 | Buy | PER13x |
10/03/17 | DBS Vickers | Hi-P | 1.405 | 1.67 | Buy | PER13.2x FY18 |
11/08/17 | DBS Vickers | Hi-P | 1.93 | 2.3 | Buy | PER15.4x FY18 |
12/06/17 | DBS Vickers | Hi-P | 1.61 | 2.3 | Buy | |
12/21/17 | Kim Eng | Hi-P | 1.75 | 2.11 | Buy | PB3.4x FY17, PER13.6x FY18, PEG0.7x |
Stock calls for 4 January 2018
Date | Analyst | Company | Last | Target | Call | Valuation |
01/04/18 | Deutsche | A-Reit | 2.74 | 2.75 | Hold | |
01/04/18 | Deutsche | CapitaCommercial | 1.99 | 1.85 | ||
01/04/18 | Deutsche | Capitaland | 3.61 | 4.3 | Buy | |
01/04/18 | Deutsche | Capitamall Trust | 2.12 | 2.3 | Buy | |
01/04/18 | UOB Kay Hian | CDL Hospitality | 1.69 | 1.88 | Buy | |
01/04/18 | CIMB | CDL Hospitality | 1.69 | 1.77 | Add | |
01/04/18 | UOB Kay Hian | Citic Envirotech | 0.75 | 1.1 | Buy | |
01/04/18 | UOB Kay Hian | City Developments | 12.84 | 14.03 | Buy | |
01/04/18 | phillip | Comfortdelgro | 2.02 | 2.63 | Buy | DCF |
01/04/18 | OCBC | Comfortdelgro | 2.02 | 2.05 | Hold | |
01/04/18 | DMG & Partners | Dairy Farm | 7.9 | 9.53 | Buy | DCF |
01/04/18 | CIMB | Far East Hospitality | 0.725 | 0.84 | Add | |
01/04/18 | CIMB | First Resources | 1.88 | 2.13 | Add | |
01/04/18 | DMG & Partners | Food Empire | 0.705 | 1 | Buy | PER12x FY18 |
01/04/18 | UOB Kay Hian | GL | 0.865 | 1.19 | Buy | |
01/04/18 | Kim Eng | Jumbo | 0.59 | 0.7 | Buy | DCF, PER26x FY18 |
01/04/18 | Deutsche | Keppel Reit | 1.27 | 1.25 | Hold | |
01/04/18 | Deutsche | Manulife US Reit | 0.94 | 1 | Buy | |
01/04/18 | Deutsche | Mapletree Commercial | 1.67 | 1.7 | Buy | |
01/04/18 | Deutsche | OUE Hospitality | 0.87 | 0.65 | Sell | |
01/04/18 | CIMB | OUE Hospitality | 0.87 | 0.89 | Add | |
01/04/18 | DBS Vickers | Perennial Reit | 0.88 | 1.05 | Buy | |
01/04/18 | UOB Kay Hian | Singtel | 3.59 | 4.53 | Buy | DCF |
01/04/18 | Deutsche | Suntec Reit | 2.14 | 2.05 | Hold | |
01/04/18 | UOB Kay Hian | Thai Beverage | 0.915 | 1.11 | Buy | Sum of parts |
01/04/18 | Deutsche | UOL | 9.08 | 10 | Buy | |
01/04/18 | CIMB | Wilmar | 3.16 | 4.27 | Add | |
01/04/18 | UOB Kay Hian | Wing Tai | 2.29 | 2.78 | Buy | RNAV (20% discount) |
01/04/18 | Deutsche | Wing Tai | 2.29 | 2.6 | Buy |
Bloomberg is reporting a more neutral viewpoint over the detained HK ship.
https://www.bloomberg.com/news/articles/2018-01-03/shadowy-oil-trades-at-sea-outfox-efforts-to-rein-in-kim-jong-un
Bloomberg has done a complete investigation by listing Taiwan's close trading relationship with North Korea but we've reported this much earlier than Bloomberg.
The prima facie evidence showed that Taiwan was primarily involved in this illegal oil shipment to NK and Taiwan had dealt with NK for coals as well.
We hope that Bloomberg can continue to report the truth and don't throw in the towel.
Bloomberg has done a complete investigation by listing Taiwan's close trading relationship with North Korea but we've reported this much earlier than Bloomberg.
The prima facie evidence showed that Taiwan was primarily involved in this illegal oil shipment to NK and Taiwan had dealt with NK for coals as well.
We hope that Bloomberg can continue to report the truth and don't throw in the towel.
The USA is working hard on smearing China to bail out Taiwan.
http://freebeacon.com/national-security/secret-document-reveals-china-covertly-offering-missiles-increased-aid-north-korea/
The news published by The Washington Beacon has been denounced as FAKE NEWS by China and the so-called top secret document was fabricated.
The USA just wants to pinpoint China as the source of illegal oil shipments to North Korea. This was the same modus operandi used on Iraq. The USA fabricated intelligence and information to accuse, smear and discredit Iraq and this tactic gave the USA the excuse to attack Iraq.
The truth is Taiwan is the country behind the illegal oil shipments to North Korea and the USA is trying to bail out Taiwan by diverting the attention to China. The USA is working together with western media to achieve this mission.
http://sg-stock.blogspot.sg/2018/01/hot-news-latest-update-on-detained-hk.html
The news published by The Washington Beacon has been denounced as FAKE NEWS by China and the so-called top secret document was fabricated.
The USA just wants to pinpoint China as the source of illegal oil shipments to North Korea. This was the same modus operandi used on Iraq. The USA fabricated intelligence and information to accuse, smear and discredit Iraq and this tactic gave the USA the excuse to attack Iraq.
The truth is Taiwan is the country behind the illegal oil shipments to North Korea and the USA is trying to bail out Taiwan by diverting the attention to China. The USA is working together with western media to achieve this mission.
http://sg-stock.blogspot.sg/2018/01/hot-news-latest-update-on-detained-hk.html
Wednesday, January 3, 2018
Hatten Land - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
02/28/17 | NRA | Hatten Land | 0.27 | 0.44 | Overweight | |
03/14/17 | UOB Kay Hian | Hatten Land | 0.285 | 0.43 | Buy | Sum of parts |
05/16/17 | UOB Kay Hian | Hatten Land | 0.196 | 0.43 | Buy | Sum of parts |
06/21/17 | CIMB | Hatten Land | 0.181 | 0.38 | Add | RNAV (45% discount) |
07/05/17 | UOB Kay Hian | Hatten Land | 0.225 | 0.43 | Buy | |
08/18/17 | CIMB | Hatten Land | 0.2 | 0.38 | Add | RNAV (45% discount) |
08/21/17 | NRA | Hatten Land | 0.205 | 0.46 | Overweight | DCF, PER20.2x FY18 |
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