Penguin - Stock calls

 

Date	Analyst	Company	Last	Target	Call	Valuation
08/07/19	phillip	Penguin	0.495	0.61	Buy	PER5x FY19 (ex-cash)
10/09/19	UOB Kay Hian	Penguin	0.62	0.85	Buy	PER7.6x FY2020
11/08/19	CIMB	Penguin	0.66	0.81	Add	PB1x FY20
11/08/19	UOB Kay Hian	Penguin	0.66	0.85	Buy
11/11/19	phillip	Penguin	0.7	0.93	Buy	PER5x FY20 (ex-cash)
12/06/19	UOB Kay Hian	Penguin	0.725	0.85	Buy
02/26/20	CIMB	Penguin	0.71	0.82	Add	PB1x FY20
02/26/20	UOB Kay Hian	Penguin	0.71	0.85	Buy
02/27/20	phillip	Penguin	0.675	0.88	Buy	PER5x FY20 (ex-cash)
04/15/20	Lim & Tan	Penguin	0.495	0.7	Buy	PB1x
06/01/20	Lim & Tan	Penguin	0.5	0	Buy
06/03/20	phillip	Penguin	0.525	0.55	Accumulate	PB0.7x FY20
06/10/20	UOB Kay Hian	Penguin	0.52	0.6	Buy
06/18/20	CIMB	Penguin	0.49	0.55	Add
08/12/20	UOB Kay Hian	Penguin	0.43	0.42	Hold	Buy @ $0.34

Parkway Life - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/31/19	Lim & Tan	Parkway Life	3.06	0	Hold
08/01/19	UOB Kay Hian	Parkway Life	3.06	3.25	Buy
08/01/19	DBS Vickers	Parkway Life	3.06	3.35	Buy
10/31/19	Lim & Tan	Parkway Life	3.24	0	Hold
11/01/19	UOB Kay Hian	Parkway Life	3.27	3.58	Buy	DDM
11/01/19	CIMB	Parkway Life	3.27	3.26	Hold
01/22/20	Lim & Tan	Parkway Life	3.4	0	Hold
01/29/20	UOB Kay Hian	Parkway Life	3.6	3.78	Buy	DDM
02/13/20	DBS Vickers	Parkway Life	3.56	4	Buy	DCF
04/23/20	UOB Kay Hian	Parkway Life	3.34	3.78	Buy	DDM
04/23/20	CIMB	Parkway Life	3.34	3.38	Hold	DDM
04/27/20	Lim & Tan	Parkway Life	3.31	0	Hold
07/29/20	UOB Kay Hian	Parkway Life	3.44	3.8	Buy	DDM
07/29/20	Lim & Tan	Parkway Life	3.44	0	Hold
07/30/20	CIMB	Parkway Life	3.44	3.43	Hold

Pan-United - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/28/20	Lim & Tan	PanUnited	0.375	0	Buy on weakness
02/11/20	Lim & Tan	PanUnited	0.365	0.56	Buy	PB2x FY21
04/06/20	Lim & Tan	PanUnited	0.27	0	Hold
06/18/20	Lim & Tan	PanUnited	0.31	0	Buy
06/23/20	Lim & Tan	PanUnited	0.315	0	Hold
08/04/20	Lim & Tan	PanUnited	0.29	0.31	Hold	PB1x FY20

Stock calls for 27 August 2020

Date	Analyst	Company	Last	Target	Call	Valuation
08/27/20	Amfrasers	Accordia Golf Trust	0.745	0.75	Accept offer
08/27/20	Amfrasers	Comfortdelgro	1.46	1.63	Outperform
08/27/20	Lim & Tan	GL Ltd	0.555	0	Hold
08/27/20	UOB Kay Hian	Marco Polo	0.016	0.02	Buy
08/27/20	CIMB	Silverlake	0.305	0.39	Add	PER16.3x CY21

A big resurgence of covid-19 outbreak may happen in the US soon. Why?

https://finance.yahoo.com/news/oil-price-fundamental-daily-forecast-121016514.html

https://www.france24.com/en/20200824-twin-storms-head-for-the-us-after-deadly-rampage-through-haiti-dominican-republic

The US is getting hit by twin hurricanes (Marco & Laura) and the US meteorologists have not seen such weather phenomenon for the past 150 years.  The usual pattern is that one hurricane will weaken while the other hurricane will strengthen over time.  The worst case is that the 2 hurricanes will combine into a super hurricane (Cat 5) and will become very destructive.

As for now, Marco is weakening and Laura will be upgraded to a Cat 4 hurricane.  Thus, hundreds of thousands of Americans in the affected areas will be evacuated and put into shelters.  This large sheltering will hugely increase the probability of spreading the COVID-19 virus.

We had already stated this possibility in our projection below.

http://sg-stock.blogspot.com/2020/08/another-constellation-is-aligning-and.html 

Covid-19 immunity can only last about 4 months!

https://sg.news.yahoo.com/dutch-belgian-patients-infected-coronavirus-062212465.html

Many recent reinfection cases are showing that COVID-19 immunity can only last about 4 months.  Furthermore, there are different COVID variants now and we can get reinfected by other variants after our immunity period.

We cannot be taking COVID vaccinations regularly if the vaccine can only last a few months.  What we need is a better treatment plan and medication to recover from this virus.

Huawei court trial shows that we cannot get a fair trial in Canada.

https://sg.finance.yahoo.com/news/canada-court-blocks-release-more-201154179.html

How did a so-called "bank fraud" in HK become a national security issue in Canada?  It is very obvious that Canada has committed a judiciary error in detaining Meng during her transit in Canada.  Therefore, the Canadian court cannot release more information.

How can Meng get a fair trial in this way?  A HK bank fraud will never become national security in Canada no matter how we look at it.

Furthermore, the recent HSBC's email correspondences showed that HSBC knew the exact relationship between Huawei and Iran.

http://sg-stock.blogspot.com/2020/07/latest-canadian-court-disclosure-showed.html

PACC Offshore - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/08/19	DBS Vickers	PACC Offshore	0.145	0.15	Hold	PB0.6x
11/07/19	DBS Vickers	PACC Offshore	0.21	0.22	Hold	PB1x FY19

Oxley - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
09/11/19	DMG & Partners	Oxley	0.31	0.41	Buy
09/24/19	DMG & Partners	Oxley	0.305	0.43	Buy	RNAV (45% discount)
09/25/19	UOB Kay Hian	Oxley	0.31	0.64	Buy	RNAV (30% discount)
10/02/19	DMG & Partners	Oxley	0.32	0.43	Buy
10/15/19	DMG & Partners	Oxley	0.325	0.43	Buy	RNAV (45% discount)
10/29/19	UOB Kay Hian	Oxley	0.34	0.5	Buy	RNAV (30% discount)
11/14/19	DMG & Partners	Oxley	0.345	0.43	Buy	RNAV (45% discount)
12/16/19	DMG & Partners	Oxley	0.35	0.43	Buy	RNAV (45% discount)
01/08/20	DMG & Partners	Oxley	0.375	0.43	Buy
02/11/20	UOB Kay Hian	Oxley	0.34	0.49	Buy
02/12/20	DMG & Partners	Oxley	0.34	0.42	Buy	RNAV (45% discount)
03/27/20	DMG & Partners	Oxley	0.22	0.36	Buy	RNAV (55% discount)
04/07/20	DMG & Partners	Oxley	0.199	0.36	Buy
04/13/20	UOB Kay Hian	Oxley	0.225	0.48	Buy	RNAV (30% discount)
04/13/20	DMG & Partners	Oxley	0.225	0.31	Buy	RNAV (55% discount)
05/27/20	DMG & Partners	Oxley	0.23	0.29	Buy	RNAV (55% discount)
07/14/20	DMG & Partners	Oxley	0.235	0.29	Buy

Overseas Education - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/19/19	UOB Kay Hian	Overseas Edu	0.285	0.46	Buy
09/11/19	Lim & Tan	Overseas Edu	0.29	0	Buy
11/12/19	UOB Kay Hian	Overseas Edu	0.285	0.46	Buy
12/19/19	Lim & Tan	Overseas Edu	0.32	0	Buy
02/17/20	Lim & Tan	Overseas Edu	0.365	0	Buy
02/18/20	UOB Kay Hian	Overseas Edu	0.365	0.49	Buy
06/18/20	Lim & Tan	Overseas Edu	0.32	0	Buy on weakness
08/17/20	Lim & Tan	Overseas Edu	0.29	0	Buy

Stock calls for 26 August 2020

Date	Analyst	Company	Last	Target	Call	Valuation
08/26/20	Amfrasers	Avarga	0.215	0.43	Unrated	PER10x FY20
08/26/20	UOB Kay Hian	Far East Hospitality	0.52	0.58	Buy
08/26/20	UOB Kay Hian	Frasers Hospitality Trust	0.44	0.54	Buy
08/26/20	DMG & Partners	SGX	8.63	9.5	Buy	PER24x FY21
08/26/20	Amfrasers	Uni-Asia	0.45	0.54	Neutral
08/26/20	DMG & Partners	Venture	20.21	20.2	Neutral	PER17x FY21

OUE Hospitality - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/04/19	DMG & Partners	OUE Hospitality	0.72	0.76	Take Profit

OUE Commercial - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
10/04/19	DBS Vickers	OUE Commercial	0.54	0.59	Buy
10/04/19	CIMB	OUE Commercial	0.54	0.61	Hold
11/15/19	DBS Vickers	OUE Commercial	0.54	0.6	Buy	DCF
11/19/19	OCBC	OUE Commercial	0.545	0.535	Hold
11/19/19	CIMB	OUE Commercial	0.545	0.57	Hold	DDM
12/04/19	DBS Vickers	OUE Commercial	0.56	0.6	Buy
02/03/20	OCBC	OUE Commercial	0.545	0.55	Hold
02/03/20	DBS Vickers	OUE Commercial	0.545	0.6	Buy	DCF
02/13/20	CIMB	OUE Commercial	0.525	0.53	Hold	DDM
03/30/20	DBS Vickers	OUE Commercial	0.335	0.6	Buy
03/30/20	OCBC	OUE Commercial	0.335	0.4	Hold
06/08/20	DBS Vickers	OUE Commercial	0.4	0.5	Buy	DCF
06/08/20	CIMB	OUE Commercial	0.4	0.482	Hold
07/27/20	Lim & Tan	OUE Commercial	0.395	0	Buy on weakness
07/28/20	CIMB	OUE Commercial	0.39	0.482	Hold
08/04/20	OCBC	OUE Commercial	0.37	0.39	Hold

OUE - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
11/21/19	OCBC	OUE	1.49	1.69	Buy

Stock calls for 25 August 2020

Date	Analyst	Company	Last	Target	Call	Valuation
08/25/20	UOB Kay Hian	Bumitama	0.515	0.52	Hold
08/25/20	DMG & Partners	CDL Hospitality	1	1.25	Buy	DDM
08/25/20	DBS Vickers	China Aviation Oil	0.865	1.2	Buy	PER11x FY20/21
08/25/20	phillip	City Developments	8	10.68	Buy	RNAV (30% discount)
08/25/20	UOB Kay Hian	Golden Agri	0.145	0.14	Hold
08/25/20	Lim & Tan	Guocoland	1.4	0	Accumulate
08/25/20	Lim & Tan	Koufu	0.675	0	Accumulate
08/25/20	CIMB	SATS	3.08	3	Hold	PB2.1x FY21
08/25/20	phillip	SATS	3.08	1.95	Sell	PB1.35x
08/25/20	UOB Kay Hian	SATS	3.08	2.67	Sell
08/25/20	Lim & Tan	SATS	3.08	0	Avoid

Olam - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
11/26/19	Lim & Tan	Olam	1.82	0	Hold

OCBC Bank - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/01/19	UOB Kay Hian	OCBC	11.4	14.62	Buy
07/02/19	Kim Eng	OCBC	11.59	11.07	Hold
07/03/19	phillip	OCBC	11.54	12.7	Accumulate
07/08/19	DMG & Partners	OCBC	11.39	12.2	Neutral	GGM, PB1.12x FY20
07/23/19	DBS Vickers	OCBC	11.64	11.5	Hold
08/02/19	Lim & Tan	OCBC	11.42	0	Buy on weakness
08/02/19	Citibank	OCBC	11.42	12.3	Hold
08/05/19	phillip	OCBC	11.21	12.5	Accumulate	GGM, PB1.3x
08/05/19	DMG & Partners	OCBC	11.21	11.8	Neutral	GGM, PB1.1x FY20
08/05/19	UOB Kay Hian	OCBC	11.21	14.48	Buy	GGM, PB1.4x FY19
08/05/19	DBS Vickers	OCBC	11.21	11.5	Hold	GGM, PB1.1x FY20
08/06/19	CIMB	OCBC	11.08	12.59	Hold	GGM, PB1.3x
08/06/19	Kim Eng	OCBC	11.08	11.05	Hold	DDM
08/20/19	DMG & Partners	OCBC	10.71	11.5	Neutral	GGM, PB1.07x FY20
08/21/19	CIMB	OCBC	10.69	12.53	Hold
09/02/19	phillip	OCBC	10.65	12.32	Accumulate	GGM
09/05/19	UOB Kay Hian	OCBC	10.71	14.48	Buy	GGM, PB1.4x FY19
09/26/19	Kim Eng	OCBC	10.77	11.05	Neutral
09/26/19	DMG & Partners	OCBC	10.77	11.5	Neutral	GGM, PB1.07x FY20
09/27/19	CIMB	OCBC	10.82	12.53	Hold
10/04/19	phillip	OCBC	10.71	12.32	Accumulate
10/17/19	UOB Kay Hian	OCBC	10.86	14.45	Buy	GGM, PB1.4x FY19
10/23/19	DBS Vickers	OCBC	10.71	11.5	Hold
11/05/19	phillip	OCBC	11.07	12.32	Accumulate
11/05/19	DMG & Partners	OCBC	11.07	11.5	Neutral	GGM, PB1.08x FY20
11/05/19	Lim & Tan	OCBC	11.07	0	Buy
11/05/19	Citibank	OCBC	11.07	11	Hold
11/05/19	Jefferies	OCBC	11.07	11.5	Hold
11/06/19	Macquarie	OCBC	11.08	12.4	Outperform	PB
11/06/19	Kim Eng	OCBC	11.08	11.26	Hold	DDM
11/06/19	UOB Kay Hian	OCBC	11.08	14.45	Buy	GGM, PB1.4x FY19
11/06/19	DBS Vickers	OCBC	11.08	11.5	Hold	GGM, PB1.1x FY20
11/07/19	phillip	OCBC	11.1	11.7	Accumulate	GGM, PB1.1x
12/02/19	CIMB	OCBC	10.78	11.94	Hold
12/02/19	Kim Eng	OCBC	10.78	11.26	Hold
12/03/19	DMG & Partners	OCBC	10.75	11.5	Neutral
12/03/19	DBS Vickers	OCBC	10.75	11.5	Hold
12/04/19	phillip	OCBC	10.68	11.7	Accumulate
01/03/20	UOB Kay Hian	OCBC	11.03	14.45	Buy
01/08/20	CIMB	OCBC	11	11.94	Hold
02/03/20	DBS Vickers	OCBC	10.83	11.5	Hold	GGM, PB1x FY20
02/10/20	UOB Kay Hian	OCBC	10.86	12.8	Buy
02/19/20	Macquarie	OCBC	10.97	12.4	Outperform
02/24/20	phillip	OCBC	11.02	12.1	Accumulate	GGM, PB1.11x FY20
02/24/20	DMG & Partners	OCBC	11.02	11.2	Neutral	GGM, PB1.03x FY20
02/24/20	UOB Kay Hian	OCBC	11.02	12.68	Buy
02/24/20	Citibank	OCBC	11.02	11.6	Hold
02/24/20	Jefferies	OCBC	11.02	11	Hold
02/25/20	Kim Eng	OCBC	10.92	11.57	Hold
03/02/20	DBS Vickers	OCBC	10.6	11.5	Hold
03/04/20	Citibank	OCBC	10.65	11	Hold
03/05/20	Macquarie	OCBC	10.55	12.4	Outperform
03/05/20	DBS Vickers	OCBC	10.55	11	Hold	GGM, PB1x FY20
03/05/20	CIMB	OCBC	10.55	11.05	Hold
03/09/20	Citibank	OCBC	10.21	8.85	Sell
03/10/20	phillip	OCBC	9.52	12.1	Accumulate
03/11/20	Jefferies	OCBC	9.72	11	Buy
03/17/20	DMG & Partners	OCBC	8.7	9.6	Buy	GGM, PB0.89x FY20
03/17/20	DBS Vickers	OCBC	8.7	8.6	Hold	GGM, PB0.8x FY20
03/17/20	Jefferies	OCBC	8.7	10	Buy
03/19/20	Macquarie	OCBC	8.49	10.5	Outperform
03/20/20	CIMB	OCBC	8.08	9.04	Add
03/31/20	DMG & Partners	OCBC	8.52	9.6	Neutral
04/01/20	DBS Vickers	OCBC	8.54	8.6	Hold
04/01/20	Jefferies	OCBC	8.54	10	Buy
04/01/20	Citibank	OCBC	8.54	8.85	Sell
04/08/20	Kim Eng	OCBC	8.93	10.32	Buy	DDM
04/13/20	phillip	OCBC	8.95	12.1	Accumulate
04/22/20	UOB Kay Hian	OCBC	8.7	9.78	Buy
04/22/20	DMG & Partners	OCBC	8.7	9	Neutral	GGM, PB0.84x FY20
04/23/20	DBS Vickers	OCBC	8.62	7.9	Hold	GGM, PB0.7x FY21
04/24/20	Macquarie	OCBC	8.65	10	Outperform
05/11/20	phillip	OCBC	8.88	9.14	Accumulate	GGM, PB0.85x
05/11/20	Citi Research	OCBC	8.88	7.75	Sell
05/11/20	DMG & Partners	OCBC	8.88	8.7	Hold	GGM, PB0.81x FY20
05/11/20	Kim Eng	OCBC	8.88	9.46	Hold	DDM
05/11/20	DBS Vickers	OCBC	8.88	7.9	Hold	GGM, PB0.7x FY21
05/11/20	Lim & Tan	OCBC	8.88	0	Accumulate
05/11/20	CIMB	OCBC	8.88	8.37	Hold
05/11/20	UOB Kay Hian	OCBC	8.88	9.78	Buy	PB0.8x FY20
05/13/20	Macquarie	OCBC	8.89	9.67	Outperform	PB
05/13/20	Jefferies	OCBC	8.89	8.4	Hold
06/01/20	DBS Vickers	OCBC	8.55	7.9	Hold	GGM, PB0.7x FY21
06/05/20	UOB Kay Hian	OCBC	9.3	12.18	Buy
06/08/20	phillip	OCBC	9.44	9.14	Neutral
06/08/20	Citi Research	OCBC	9.44	10.85	Buy
06/11/20	Macquarie	OCBC	9.73	11.2	Outperform
06/18/20	DMG & Partners	OCBC	9.16	8.7	Neutral
07/01/20	CIMB	OCBC	9	8.37	Hold
07/03/20	phillip	OCBC	9.18	9.14	Neutral
07/06/20	UOB Kay Hian	OCBC	9.2	12.18	Buy
07/07/20	Macquarie	OCBC	9.33	11.2	Outperform	PB
07/08/20	UOB Kay Hian	OCBC	9.24	11.58	Buy
07/21/20	Jefferies	OCBC	9.18	8.88	Hold
07/21/20	Kim Eng	OCBC	9.18	9.15	Hold
07/22/20	DBS Vickers	OCBC	9.21	9.3	Hold	GGM, PB0.8x FY21
07/30/20	Macquarie	OCBC	8.9	11	Outperform	PB
07/30/20	UOB Kay Hian	OCBC	8.9	11.22	Buy
08/04/20	Macquarie	OCBC	8.52	10.65	Outperform	PB
08/07/20	DBS Vickers	OCBC	8.8	9.3	Hold	GGM, PB0.8x FY21
08/07/20	Lim & Tan	OCBC	8.8	0	Buy on weakness
08/07/20	CIMB	OCBC	8.8	8.37	Hold
08/11/20	DMG & Partners	OCBC	8.72	8.7	Neutral	GGM, PB0.81x FY20
08/11/20	Kim Eng	OCBC	8.72	9.06	Hold
08/11/20	CIMB	OCBC	8.72	9.19	Hold
08/11/20	UOB Kay Hian	OCBC	8.72	10.82	Buy
08/12/20	Macquarie	OCBC	8.76	8.85	Neutral
08/13/20	phillip	OCBC	8.86	8.92	Accumulate	GGM, PB0.84x