| Date | Analyst | Company | Last | Target | Call | Valuation |
| 04/04/19 | Kim Eng | Mapletree Commercial | 1.87 | 1.8 | Hold | |
| 04/24/19 | OCBC | Mapletree Commercial | 1.84 | 1.85 | Hold | |
| 04/25/19 | DBS Vickers | Mapletree Commercial | 1.89 | 2 | Buy | DCF |
| 05/28/19 | CIMB | Mapletree Commercial | 1.93 | 2.03 | Add | |
| 06/21/19 | UOB Kay Hian | Mapletree Commercial | 2.04 | 2.22 | Buy | DDM |
| 07/10/19 | CIMB | Mapletree Commercial | 2.05 | 2.03 | Add | |
| 07/19/19 | DBS Vickers | Mapletree Commercial | 2.07 | 2.25 | Buy | DCF |
| 07/26/19 | OCBC | Mapletree Commercial | 2.1 | 1.89 | Sell | |
| 07/26/19 | UOB Kay Hian | Mapletree Commercial | 2.1 | 2.22 | Buy | |
| 07/26/19 | Lim & Tan | Mapletree Commercial | 2.1 | 0 | Hold | |
| 07/29/19 | Kim Eng | Mapletree Commercial | 2.07 | 2.1 | Hold | DDM |
| 08/22/19 | CIMB | Mapletree Commercial | 2.08 | 2.24 | Add | |
| 08/28/19 | UOB Kay Hian | Mapletree Commercial | 2.12 | 2.22 | Buy | |
| 09/09/19 | DBS Vickers | Mapletree Commercial | 2.24 | 2.39 | Buy | DCF |
| 09/27/19 | Lim & Tan | Mapletree Commercial | 2.36 | 0 | Hold | |
| 09/30/19 | UOB Kay Hian | Mapletree Commercial | 2.34 | 2.38 | Hold | DDM |
| 09/30/19 | Kim Eng | Mapletree Commercial | 2.34 | 2.1 | Hold | |
| 09/30/19 | CIMB | Mapletree Commercial | 2.34 | 2.38 | Hold | DDM |
| 10/16/19 | UOB Kay Hian | Mapletree Commercial | 2.34 | 2.38 | Hold | DDM, Buy @ $2.16 |
| 10/16/19 | CIMB | Mapletree Commercial | 2.34 | 2.39 | Hold | DDM |
| 10/16/19 | OCBC | Mapletree Commercial | 2.34 | 2.28 | Hold | |
| 10/16/19 | Kim Eng | Mapletree Commercial | 2.34 | 2.35 | Hold | DDM |
| 11/08/19 | DBS Vickers | Mapletree Commercial | 2.39 | 2.6 | Buy | DCF |
| 01/23/20 | Kim Eng | Mapletree Commercial | 2.44 | 2.45 | Hold | DDM |
| 01/24/20 | DBS Vickers | Mapletree Commercial | 2.43 | 2.6 | Buy | |
| 01/24/20 | Lim & Tan | Mapletree Commercial | 2.43 | 0 | Hold | |
| 02/03/20 | OCBC | Mapletree Commercial | 2.35 | 2.44 | Hold | |
| 03/06/20 | UOB Kay Hian | Mapletree Commercial | 2.3 | 2.62 | Buy | DDM |
| 03/18/20 | DBS Vickers | Mapletree Commercial | 1.77 | 2.6 | Buy | |
| 04/02/20 | DBS Vickers | Mapletree Commercial | 1.75 | 1.9 | Buy | |
| 04/23/20 | Lim & Tan | Mapletree Commercial | 1.77 | 0 | Take Profit | |
| 04/24/20 | UOB Kay Hian | Mapletree Commercial | 1.76 | 2.02 | Buy | DDM |
| 04/27/20 | Kim Eng | Mapletree Commercial | 1.76 | 2.15 | Buy | DDM |
Tuesday, May 26, 2020
Mapletree Commercial - Stock calls
Manulife US Reit - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 04/25/19 | Lim & Tan | Manulife US Reit | 0.87 | 0 | Hold | |
| 04/26/19 | DMG & Partners | Manulife US Reit | 0.865 | 0.94 | Buy | DDM |
| 04/26/19 | DBS Vickers | Manulife US Reit | 0.865 | 0.92 | Buy | |
| 04/26/19 | Kim Eng | Manulife US Reit | 0.865 | 1 | Buy | DDM |
| 04/30/19 | Amfrasers | Manulife US Reit | 0.88 | 0.97 | Buy | DDM |
| 05/02/19 | DMG & Partners | Manulife US Reit | 0.87 | 0.96 | Buy | DDM |
| 05/29/19 | Kim Eng | Manulife US Reit | 0.86 | 1 | Buy | DDM |
| 06/06/19 | DMG & Partners | Manulife US Reit | 0.845 | 0.96 | Buy | |
| 06/17/19 | DBS Vickers | Manulife US Reit | 0.87 | 1 | Buy | DDM |
| 06/25/19 | Kim Eng | Manulife US Reit | 0.865 | 1 | Buy | |
| 07/04/19 | DMG & Partners | Manulife US Reit | 0.88 | 0.96 | Buy | |
| 07/12/19 | DMG & Partners | Manulife US Reit | 0.875 | 0.98 | Buy | DDM |
| 08/15/19 | Amfrasers | Manulife US Reit | 0.89 | 0.98 | outperform | |
| 08/15/19 | DMG & Partners | Manulife US Reit | 0.89 | 0.98 | Buy | DDM |
| 08/19/19 | Kim Eng | Manulife US Reit | 0.89 | 1 | Buy | DDM |
| 08/23/19 | DBS Vickers | Manulife US Reit | 0.895 | 1.1 | Buy | DCF |
| 09/11/19 | DMG & Partners | Manulife US Reit | 0.915 | 0.98 | Buy | |
| 09/20/19 | Kim Eng | Manulife US Reit | 0.91 | 1.05 | Buy | DDM |
| 09/20/19 | DMG & Partners | Manulife US Reit | 0.91 | 1 | Buy | DDM |
| 09/20/19 | Amfrasers | Manulife US Reit | 0.91 | 1.01 | outperform | |
| 10/02/19 | DMG & Partners | Manulife US Reit | 0.895 | 1 | Buy | |
| 10/11/19 | DBS Vickers | Manulife US Reit | 0.905 | 1.1 | Buy | DCF |
| 11/01/19 | CIMB | Manulife US Reit | 0.915 | 1.12 | Add | DDM |
| 11/05/19 | DMG & Partners | Manulife US Reit | 0.92 | 1 | Buy | DDM |
| 11/05/19 | DBS Vickers | Manulife US Reit | 0.92 | 1.1 | Buy | |
| 11/05/19 | Kim Eng | Manulife US Reit | 0.92 | 1.05 | Buy | |
| 12/02/19 | Amfrasers | Manulife US Reit | 0.965 | 1.03 | outperform | |
| 12/10/19 | DMG & Partners | Manulife US Reit | 1.02 | 1 | Buy | |
| 12/13/19 | DMG & Partners | Manulife US Reit | 1 | 1.1 | Buy | DDM |
| 01/08/20 | DMG & Partners | Manulife US Reit | 0.99 | 1.1 | Buy | |
| 02/06/20 | DMG & Partners | Manulife US Reit | 1.04 | 1.12 | Buy | DDM |
| 02/06/20 | DBS Vickers | Manulife US Reit | 1.04 | 1.15 | Buy | DCF |
| 02/06/20 | Lim & Tan | Manulife US Reit | 1.04 | 0 | Hold | |
| 02/07/20 | CIMB | Manulife US Reit | 1.07 | 1.13 | Add | DDM |
| 02/07/20 | Kim Eng | Manulife US Reit | 1.07 | 1.15 | Buy | DDM |
| 02/11/20 | Amfrasers | Manulife US Reit | 1.05 | 1.11 | Neutral | |
| 03/10/20 | Amfrasers | Manulife US Reit | 0.98 | 1.11 | Neutral | |
| 03/20/20 | DBS Vickers | Manulife US Reit | 0.565 | 1.15 | Buy | |
| 03/20/20 | CIMB | Manulife US Reit | 0.565 | 1.15 | Add | |
| 03/25/20 | DMG & Partners | Manulife US Reit | 0.7 | 0.88 | Buy | DDM |
| 04/07/20 | DMG & Partners | Manulife US Reit | 0.665 | 0.88 | Buy | |
| 05/11/20 | DMG & Partners | Manulife US Reit | 0.705 | 0.9 | Buy | DDM |
| 05/11/20 | CIMB | Manulife US Reit | 0.705 | 1.05 | Add |
Stock calls for 26 May 2020
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 05/26/20 | phillip | Comfortdelgro | 1.54 | 1.5 | Neutral | DCF |
| 05/26/20 | DMG & Partners | Comfortdelgro | 1.54 | 1.45 | Neutral | DCF |
| 05/26/20 | DBS Vickers | Comfortdelgro | 1.54 | 1.5 | Hold | PER15x FY20/21 |
| 05/26/20 | Lim & Tan | Comfortdelgro | 1.54 | 0 | Hold | |
| 05/26/20 | Kim Eng | Comfortdelgro | 1.54 | 1.98 | Buy | DCF |
| 05/26/20 | CIMB | Comfortdelgro | 1.54 | 1.5 | Hold | |
| 05/26/20 | UOB Kay Hian | Elite ComReit | 0.66 | 0.88 | Buy | DDM |
| 05/26/20 | CIMB | First Resources | 1.28 | 1.8 | Buy | |
| 05/26/20 | Kim Eng | First Resources | 1.28 | 1.85 | Buy | PER18x FY20 |
| 05/26/20 | DMG & Partners | First Resources | 1.28 | 1.25 | Neutral | PER14x FY20 |
| 05/26/20 | UOB Kay Hian | First Resources | 1.28 | 1.65 | Buy | |
| 05/26/20 | DBS Vickers | First Resources | 1.28 | 1.7 | Buy | DCF |
| 05/26/20 | UOB Kay Hian | Riverstone | 1.87 | 2.53 | Buy | PER23.1x FY20 |
| 05/26/20 | DMG & Partners | Singapore Medical | 0.23 | 0.25 | Neutral | PER9.8x FY21 |
Monday, May 25, 2020
The US debt market is going to implode!
http://sg-stock.blogspot.com/2020/05/us-cmbs-is-in-precarious-situation-now_22.html
As stated previously, the CMBS market is in a precarious situation.
The MBS market is also in the same situation as CMBS because the existing home sales figure is also falling.
Recently, the car rental giant, Hertz, has filed for bankruptcy.
https://edition.cnn.com/2020/05/22/business/hertz-bankruptcy/index.html
This car rental firm bankruptcy has also brought out the car debt market issue into the open. The US used car prices are falling and many car derivative products (car debts) created by the banks and financial firms are also in a big trouble as there will be a severe mark down in the used car values.
When the US debt market starts to implode, the US economy will explode because its economic growth is based on debts. An implosion will cause a big explosion!
Let's watch how this will pan out.
As stated previously, the CMBS market is in a precarious situation.
The MBS market is also in the same situation as CMBS because the existing home sales figure is also falling.
Recently, the car rental giant, Hertz, has filed for bankruptcy.
https://edition.cnn.com/2020/05/22/business/hertz-bankruptcy/index.html
This car rental firm bankruptcy has also brought out the car debt market issue into the open. The US used car prices are falling and many car derivative products (car debts) created by the banks and financial firms are also in a big trouble as there will be a severe mark down in the used car values.
Let's watch how this will pan out.
Saturday, May 23, 2020
Baltic dry index - 494
Today, Thursday, May 21 2020, the Baltic Dry Index climbed by 17 points, reaching 494 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 stock: Sembcorp Marine, Cosco & Pan ocean.
F22 and F35 are no longer stealth anymore.
https://www.defenseworld.net/news/26971/Venezuelan_Air_Defence_s_Chinese_made_Radar_Detects_US_F_22_Stealth_Jet#.XsjEyRMzaqA
China's long-range radar JY-27 had proven to be able to detect F22 in Venezuela and the F22 pilot turned back after getting a warning from Venezuela.
JY-27 is not the most recent radar and China has upgraded it to JY-27 3D which is more superior. Therefore, it is unwise to pay so much for F35 as F22 is more superior than F35 since F22 is not for sale. The US always keeps the best (F22) for itself.
What will happen to SG if Malaysia gets the JY-27 3D? All SG F35 will become useless as Malaysia will know all our F35 movements?
China's long-range radar JY-27 had proven to be able to detect F22 in Venezuela and the F22 pilot turned back after getting a warning from Venezuela.
JY-27 is not the most recent radar and China has upgraded it to JY-27 3D which is more superior. Therefore, it is unwise to pay so much for F35 as F22 is more superior than F35 since F22 is not for sale. The US always keeps the best (F22) for itself.
What will happen to SG if Malaysia gets the JY-27 3D? All SG F35 will become useless as Malaysia will know all our F35 movements?
Friday, May 22, 2020
Lippo Malls - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 02/21/20 | CIMB | Lippo Malls | 0.235 | 0.24 | Hold | DDM |
Lian Beng - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/14/20 | Lim & Tan | Lian Beng | 0.525 | 0 | Buy |
Lendlease Reit - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 10/15/19 | DIR | Lendlease Reit | 0.94 | 1.01 | outperform | |
| 12/06/19 | DBS Vickers | Lendlease Reit | 0.92 | 1.05 | Buy | DCF |
| 02/12/20 | DBS Vickers | Lendlease Reit | 0.91 | 1.05 | Buy | |
| 03/18/20 | DBS Vickers | Lendlease Reit | 0.48 | 0.94 | Buy | |
| 04/02/20 | DBS Vickers | Lendlease Reit | 0.52 | 0.94 | Buy | |
| 05/08/20 | DBS Vickers | Lendlease Reit | 0.575 | 0.85 | Buy |
Stock calls for 22 May 2020
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 05/22/20 | UOB Kay Hian | BRC Asia | 1.15 | 1.52 | Buy | |
| 05/22/20 | DBS Vickers | Delfi | 0.83 | 1.08 | Buy | PER18x FY20/21 |
| 05/22/20 | CIMB | Riverstone | 1.94 | 2.5 | Add | |
| 05/22/20 | DBS Vickers | Singtel | 2.68 | 3.22 | Buy | Sum of parts |
| 05/22/20 | DBS Vickers | SPH | 1.56 | 1.57 | Hold |
US CMBS is in a precarious situation now! - Part 2
Why did I say that CMBS was in a precarious situation?
The CMBX index chart showed that the CMBS prices have been falling since the beginning of 2020. This pushed the US FED to buy the CMBS as part of the pandemic package because some big banks were stuck with unsellable CMBS in their possessions. These unsellable CMBS will weigh on the cashflow since the banks cannot outsource their risks by selling them to retail investors. Many insurance companies also possess such CMBS that they cannot sell to potential clients.
The US FED purchases insofar have not yielded any significant result because the commercial real estate transactions have continued to fall. Ultimately, these declining transactions will impact the physical real estate prices and subsequently affect the CMBS prices. In the end, the banks and insurance companies will have to shoulder the CMBS losses.
http://sg-stock.blogspot.com/2020/05/us-cmbs-is-in-precarious-situation-now.html
The US FED purchases insofar have not yielded any significant result because the commercial real estate transactions have continued to fall. Ultimately, these declining transactions will impact the physical real estate prices and subsequently affect the CMBS prices. In the end, the banks and insurance companies will have to shoulder the CMBS losses.
http://sg-stock.blogspot.com/2020/05/us-cmbs-is-in-precarious-situation-now.html
Thursday, May 21, 2020
US CMBS is in a precarious situation now!
https://finance.yahoo.com/news/commercial-real-estate-transactions-u-165441099.html
The US commercial real estate transactions have plunged by 71% and this is a precursor sign that the prices will follow suit. A declining volume usually causes the price to fall in the future because of the mismatch in buyer-seller expectations.
What's the repercussion?
Well, the collapse in prices will affect the commercial mortgage-backed securities (CMBS) which the FED has just bought to salvage the US economy. This will have a multiplier effect on the wider economy and also affect the banking industry.
Let's see how the real situation will play out.
The US commercial real estate transactions have plunged by 71% and this is a precursor sign that the prices will follow suit. A declining volume usually causes the price to fall in the future because of the mismatch in buyer-seller expectations.
What's the repercussion?
Well, the collapse in prices will affect the commercial mortgage-backed securities (CMBS) which the FED has just bought to salvage the US economy. This will have a multiplier effect on the wider economy and also affect the banking industry.
Let's see how the real situation will play out.
KSH - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 04/17/19 | OCBC | KSH | 0.535 | 0.81 | Buy | |
| 05/31/19 | Lim & Tan | KSH | 0.45 | 0 | Buy | |
| 06/03/19 | OCBC | KSH | 0.45 | 0 | Cease coverage | |
| 11/12/19 | Lim & Tan | KSH | 0.465 | 0 | Buy | |
| 01/28/20 | Lim & Tan | KSH | 0.415 | 0 | Buy on weakness | |
| 04/06/20 | Lim & Tan | KSH | 0.29 | 0 | Hold |
Koufu - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 04/08/19 | UOB Kay Hian | Koufu | 0.805 | 0.95 | Buy | |
| 05/07/19 | DBS Vickers | Koufu | 0.77 | 0.8 | Hold | PER17x FY19 |
| 05/09/19 | UOB Kay Hian | Koufu | 0.75 | 0.95 | Buy | |
| 06/13/19 | UOB Kay Hian | Koufu | 0.675 | 0.95 | Buy | |
| 06/28/19 | DBS Vickers | Koufu | 0.675 | 0.85 | Buy | PER17x FY19 |
| 07/03/19 | UOB Kay Hian | Koufu | 0.72 | 0.95 | Buy | |
| 08/08/19 | UOB Kay Hian | Koufu | 0.71 | 0.95 | Buy | |
| 08/08/19 | DBS Vickers | Koufu | 0.71 | 0.88 | Buy | PER17x FY20 |
| 10/01/19 | UOB Kay Hian | Koufu | 0.72 | 0.95 | Buy | |
| 10/01/19 | DBS Vickers | Koufu | 0.72 | 0.88 | Buy | |
| 11/05/19 | DBS Vickers | Koufu | 0.755 | 0.88 | Buy | PER17x FY20 |
| 11/06/19 | UOB Kay Hian | Koufu | 0.77 | 0.95 | Buy | |
| 12/11/19 | SAC Capital | Koufu | 0.765 | 0.87 | Buy | |
| 01/06/20 | DBS Vickers | Koufu | 0.775 | 0.88 | Buy | |
| 02/12/20 | UOB Kay Hian | Koufu | 0.725 | 0.83 | Buy | |
| 02/13/20 | DBS Vickers | Koufu | 0.735 | 0.84 | Buy | PER17x FY20 |
| 03/02/20 | DBS Vickers | Koufu | 0.705 | 0.84 | Buy | PER17x FY20 |
| 03/03/20 | UOB Kay Hian | Koufu | 0.71 | 0.81 | Buy | |
| 03/03/20 | Lim & Tan | Koufu | 0.71 | 0 | Hold | |
| 04/22/20 | DBS Vickers | Koufu | 0.615 | 0.68 | Hold | |
| 04/24/20 | UOB Kay Hian | Koufu | 0.6 | 0.69 | Buy |
Kimly - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 04/05/19 | DMG & Partners | Kimly | 0.24 | 0.24 | Neutral | |
| 05/09/19 | DMG & Partners | Kimly | 0.245 | 0.23 | Neutral | DCF |
| 06/06/19 | DMG & Partners | Kimly | 0.23 | 0.23 | Neutral | |
| 08/13/19 | DMG & Partners | Kimly | 0.235 | 0.23 | Neutral | DCF |
| 10/15/19 | DMG & Partners | Kimly | 0.225 | 0.23 | Neutral | |
| 11/28/19 | DMG & Partners | Kimly | 0.24 | 0.24 | Neutral | DCF |
| 12/11/19 | DMG & Partners | Kimly | 0.245 | 0.24 | Neutral |
Stock calls for 21 May 2020
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 05/21/20 | DMG & Partners | Ireit | 0.68 | 0.83 | Buy | DDM |
| 05/21/20 | UOB Kay Hian | SPH | 1.5 | 1.52 | Hold | Sum of parts, Buy @ $1.30 |
| 05/21/20 | Lim & Tan | SPH | 1.5 | 0 | Hold | |
| 05/21/20 | Amfrasers | UMS | 0.915 | 0.74 | Underperform |
Wednesday, May 20, 2020
Keppel Reit - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 04/01/19 | UOB Kay Hian | Keppel Reit | 1.29 | 1.35 | Buy | DDM |
| 04/18/19 | DMG & Partners | Keppel Reit | 1.24 | 1.12 | Neutral | DDM |
| 04/18/19 | DBS Vickers | Keppel Reit | 1.24 | 1.38 | Buy | DCF |
| 04/18/19 | Lim & Tan | Keppel Reit | 1.24 | 0 | Hold | |
| 04/24/19 | UOB Kay Hian | Keppel Reit | 1.21 | 1.37 | Buy | DDM |
| 04/24/19 | DBS Vickers | Keppel Reit | 1.21 | 1.4 | Buy | DCF |
| 04/25/19 | CIMB | Keppel Reit | 1.23 | 1.34 | Add | DDM |
| 05/30/19 | UOB Kay Hian | Keppel Reit | 1.21 | 1.37 | Buy | |
| 07/04/19 | DMG & Partners | Keppel Reit | 1.28 | 1.12 | Neutral | |
| 07/16/19 | CIMB | Keppel Reit | 1.26 | 1.41 | Add | DDM |
| 07/16/19 | DMG & Partners | Keppel Reit | 1.26 | 1.2 | Neutral | DDM |
| 07/16/19 | UOB Kay Hian | Keppel Reit | 1.26 | 1.37 | Buy | |
| 07/16/19 | DBS Vickers | Keppel Reit | 1.26 | 1.45 | Buy | DCF |
| 07/16/19 | Lim & Tan | Keppel Reit | 1.26 | 0 | Hold | |
| 08/06/19 | DBS Vickers | Keppel Reit | 1.2 | 1.45 | Buy | |
| 08/27/19 | UOB Kay Hian | Keppel Reit | 1.24 | 1.21 | Hold | Buy @ $1.1 |
| 10/02/19 | DBS Vickers | Keppel Reit | 1.26 | 1.45 | Buy | DCF |
| 10/02/19 | DMG & Partners | Keppel Reit | 1.26 | 1.23 | Neutral | DDM |
| 10/17/19 | CIMB | Keppel Reit | 1.24 | 1.35 | Add | DDM |
| 10/17/19 | UOB Kay Hian | Keppel Reit | 1.24 | 1.2 | Hold | DDM, Buy @ $1.1 |
| 10/17/19 | Lim & Tan | Keppel Reit | 1.24 | 0 | Hold | |
| 12/04/19 | DBS Vickers | Keppel Reit | 1.23 | 1.45 | Buy | |
| 12/10/19 | DMG & Partners | Keppel Reit | 1.25 | 1.23 | Neutral | |
| 01/24/20 | DBS Vickers | Keppel Reit | 1.27 | 1.45 | Buy | DCF |
| 01/24/20 | CIMB | Keppel Reit | 1.27 | 1.38 | Add | |
| 02/04/20 | DBS Vickers | Keppel Reit | 1.21 | 1.45 | Buy | |
| 03/18/20 | DBS Vickers | Keppel Reit | 0.96 | 1.45 | Buy | |
| 04/13/20 | UOB Kay Hian | Keppel Reit | 0.95 | 1.3 | Buy | |
| 04/23/20 | CIMB | Keppel Reit | 0.99 | 1.2 | Add | DDM |
| 04/23/20 | DMG & Partners | Keppel Reit | 0.99 | 1.23 | Neutral | |
| 04/24/20 | Lim & Tan | Keppel Reit | 1.04 | 0 | Buy on weakness | |
| 05/04/20 | DMG & Partners | Keppel Reit | 1.06 | 1.07 | Neutral | DDM |
Keppel Pacific - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 04/03/19 | DBS Vickers | Keppel Pacific | 0.705 | 0.8 | Buy | |
| 06/06/19 | DBS Vickers | Keppel Pacific | 0.74 | 0.8 | Buy | |
| 06/17/19 | DBS Vickers | Keppel Pacific | 0.75 | 0.9 | Buy | DCF |
| 07/12/19 | DMG & Partners | Keppel Pacific | 0.79 | 0.88 | Buy | DDM |
| 07/18/19 | DBS Vickers | Keppel Pacific | 0.82 | 0.9 | Buy | |
| 09/06/19 | DMG & Partners | Keppel Pacific | 0.74 | 0.88 | Buy | DDM |
| 09/09/19 | DBS Vickers | Keppel Pacific | 0.75 | 0.9 | Buy | |
| 10/16/19 | DBS Vickers | Keppel Pacific | 0.76 | 0.9 | Buy | DCF |
| 10/16/19 | DMG & Partners | Keppel Pacific | 0.76 | 0.88 | Buy | DDM |
| 12/10/19 | DMG & Partners | Keppel Pacific | 0.775 | 0.88 | Buy | |
| 01/22/20 | DMG & Partners | Keppel Pacific | 0.765 | 0.88 | Buy | DDM |
| 01/24/20 | DBS Vickers | Keppel Pacific | 0.785 | 0.9 | Buy | DCF |
| 03/20/20 | DBS Vickers | Keppel Pacific | 0.395 | 0.9 | Buy | |
| 04/14/20 | DMG & Partners | Keppel Pacific | 0.54 | 0.76 | Buy | DDM |
Keppel Infrastructure - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 04/16/19 | DBS Vickers | Keppel Infrastructure | 0.48 | 0.58 | Buy | DDM |
| 07/16/19 | DBS Vickers | Keppel Infrastructure | 0.505 | 0.58 | Buy | DDM |
| 10/15/19 | DBS Vickers | Keppel Infrastructure | 0.545 | 0.58 | Buy | |
| 01/22/20 | DBS Vickers | Keppel Infrastructure | 0.55 | 0.58 | Buy | DDM |
| 04/21/20 | Lim & Tan | Keppel Infrastructure | 0.475 | 0 | Buy | |
| 04/22/20 | DBS Vickers | Keppel Infrastructure | 0.48 | 0.54 | Buy | DDM |
| 04/24/20 | Credit Suisse | Keppel Infrastructure | 0.49 | 0.57 | Outperform |
Stock calls for 20 May 2020
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 05/20/20 | UOB Kay Hian | Comfortdelgro | 1.56 | 1.82 | Buy | |
| 05/20/20 | phillip | Propnex | 0.495 | 0.6 | Buy | |
| 05/20/20 | DMG & Partners | Sembcorp Industries | 1.55 | 2 | Buy | Sum of parts |
| 05/20/20 | DMG & Partners | Silverlake | 0.245 | 0.24 | Neutral | DCF |
| 05/20/20 | UOB Kay Hian | Sunpower | 0.445 | 0.88 | Buy | |
| 05/20/20 | OCBC | Thai Beverage | 0.66 | 0.71 | Hold |
China has not shown its hand yet in the fight against the US.
China can bludgeon the US so severely that the US cannot stand on its feet but China is not doing it now.
Why did I say that?
China can also do what the US did to Huawei but on a much larger scale. China can announce that any foreign company, using China's rare earth materials, cannot export its rare earth materials and products to the USA. This will cripple the US technology and military defence industries immediately since rare earth materials are used abundantly in batteries, missiles, etc. Consequently, those foreign companies flouting China's announcement will risk losing access to China's market and get slapped with sanctions. Thus, things can really get ugly if China is as belligerent and unreasonable as the US.
China can easily force the US to the negotiating table since the US cannot replace the rare earth materials from China immediately. It will take a few years for the US to cut off from China and this can buy time for the US & China to decouple from each other.
Is this the new world that we're all looking forward to?
Why did I say that?
China can also do what the US did to Huawei but on a much larger scale. China can announce that any foreign company, using China's rare earth materials, cannot export its rare earth materials and products to the USA. This will cripple the US technology and military defence industries immediately since rare earth materials are used abundantly in batteries, missiles, etc. Consequently, those foreign companies flouting China's announcement will risk losing access to China's market and get slapped with sanctions. Thus, things can really get ugly if China is as belligerent and unreasonable as the US.
China can easily force the US to the negotiating table since the US cannot replace the rare earth materials from China immediately. It will take a few years for the US to cut off from China and this can buy time for the US & China to decouple from each other.
Is this the new world that we're all looking forward to?
Luckin is finished! Goodbye forever!
https://finance.yahoo.com/news/luckin-stock-faces-wipeout-rush-052759754.html
Luckin will be delisted soon as demanded by Nasdaq.
We had warned about Luckin during its IPO.
http://sg-stock.blogspot.com/2019/05/do-not-subscribe-to-luckin-coffee-ipo.html
Everything had played out as we had predicted. Luckin was a fraud and short-sellers targeted this company after its IPO just as we had expected. Those who bought into this company had to go for a class-action suit to seek their financial justice. However, Luckin is a loss-making company and these investors will find it difficult to recoup their investments. Their only consolation is to shut down this fraudulent company with the class-action suit so that it will never be able to con anyone again.
Luckin will be delisted soon as demanded by Nasdaq.
We had warned about Luckin during its IPO.
http://sg-stock.blogspot.com/2019/05/do-not-subscribe-to-luckin-coffee-ipo.html
Everything had played out as we had predicted. Luckin was a fraud and short-sellers targeted this company after its IPO just as we had expected. Those who bought into this company had to go for a class-action suit to seek their financial justice. However, Luckin is a loss-making company and these investors will find it difficult to recoup their investments. Their only consolation is to shut down this fraudulent company with the class-action suit so that it will never be able to con anyone again.
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