Date | Analyst | Company | Last | Target | Call | Valuation |
07/15/19 | phillip | SGX | 7.99 | 8.09 | Accumulate | PER21.4x |
07/15/19 | Credit Suisse | SGX | 7.99 | 7.1 | Underperform | |
07/15/19 | Citi Research | SGX | 7.99 | 7.23 | Sell | |
08/01/19 | DMG & Partners | SGX | 7.92 | 8.1 | Neutral | PER23x FY20 |
08/01/19 | DBS Vickers | SGX | 7.92 | 8.3 | Buy | DDM |
08/02/19 | phillip | SGX | 7.78 | 8.09 | Accumulate | PER21x |
08/05/19 | CIMB | SGX | 7.98 | 8.1 | Hold | PER21.5x |
08/05/19 | Jefferies | SGX | 7.98 | 9 | Buy | |
10/02/19 | phillip | SGX | 8.5 | 8.6 | Accumulate | PER22x |
10/02/19 | Jefferies | SGX | 8.5 | 9 | Hold | |
10/02/19 | Citi Research | SGX | 8.5 | 8 | Sell | |
10/02/19 | OCBC | SGX | 8.5 | 7.6 | Hold | |
10/09/19 | DMG & Partners | SGX | 8.4 | 8.1 | Neutral | PER23x FY20 |
10/09/19 | Credit Suisse | SGX | 8.4 | 7.2 | Underperform | |
10/25/19 | DMG & Partners | SGX | 8.28 | 8.3 | Neutral | PER23x FY20 |
10/25/19 | CIMB | SGX | 8.28 | 9 | Add | PER22.4x FY20 |
10/25/19 | OCBC | SGX | 8.28 | 8.6 | Hold | PER22x FY20 |
10/25/19 | DBS Vickers | SGX | 8.28 | 8.9 | Buy | DDM, PER21x FY20 |
11/25/19 | phillip | SGX | 8.97 | 8.6 | Neutral | PER22x |
11/25/19 | Credit Suisse | SGX | 8.97 | 7.7 | Underperform | |
11/25/19 | Citi Research | SGX | 8.97 | 8.75 | Hold | |
01/02/20 | DMG & Partners | SGX | 8.86 | 8.8 | Neutral | PER23x FY21 |
01/24/20 | DBS Vickers | SGX | 8.82 | 9.6 | Buy | DDM, PER21x FY21 |
01/31/20 | phillip | SGX | 8.7 | 8.52 | Neutral | PER21.5x |
02/19/20 | Macquarie | SGX | 9.15 | 10 | Outperform | |
02/19/20 | Jefferies | SGX | 9.15 | 9.2 | Hold | |
03/05/20 | Macquarie | SGX | 9.05 | 10 | Outperform | |
03/05/20 | CIMB | SGX | 9.05 | 9.4 | Add | |
03/05/20 | Citi Research | SGX | 9.05 | 9.6 | Buy | |
03/13/20 | Credit Suisse | SGX | 8.69 | 8.7 | Neutral | |
04/07/20 | DMG & Partners | SGX | 9.33 | 9.1 | Neutral | PER23x FY21 |
04/07/20 | Citi Research | SGX | 9.33 | 10.8 | Buy | |
04/07/20 | CIMB | SGX | 9.33 | 10.5 | Add | |
04/07/20 | Jefferies | SGX | 9.33 | 9.3 | Hold | |
04/24/20 | Citi Research | SGX | 10.16 | 10 | Hold | |
04/24/20 | DMG & Partners | SGX | 10.16 | 9.7 | Neutral | PER24x FY21 |
04/24/20 | Lim & Tan | SGX | 10.16 | 0 | Sell | |
04/27/20 | phillip | SGX | 9.64 | 9.28 | Neutral | PER21.4x |
04/27/20 | DBS Vickers | SGX | 9.64 | 10 | Hold | DDM |
04/27/20 | OCBC | SGX | 9.64 | 9.3 | Hold | PER23.3x FY21 |
04/27/20 | Jefferies | SGX | 9.64 | 9.1 | Hold | |
05/28/20 | Macquarie | SGX | 8.75 | 11 | Outperform | |
05/28/20 | DMG & Partners | SGX | 8.75 | 8.6 | Hold | PER24x FY21 |
05/28/20 | DBS Vickers | SGX | 8.75 | 7.4 | Fully Valued | DDM |
05/28/20 | CIMB | SGX | 8.75 | 8 | Reduce | |
05/28/20 | OCBC | SGX | 8.75 | 8 | Sell | PER21.6x FY21 |
05/28/20 | Jefferies | SGX | 8.75 | 8.5 | Hold | PER23.5x |
05/28/20 | Lim & Tan | SGX | 8.75 | 0 | Buy on weakness | |
06/24/20 | DMG & Partners | SGX | 8 | 9.2 | Buy | PER24x FY21 |
06/30/20 | DBS Vickers | SGX | 8.06 | 7.4 | Fully Valued | |
06/30/20 | CIMB | SGX | 8.06 | 8 | Hold | |
07/01/20 | DMG & Partners | SGX | 8.34 | 9.2 | Buy | |
07/09/10 | Lim & Tan | SGX | 8.26 | 0 | Trading Buy | |
08/03/20 | phillip | SGX | 8.17 | 9.45 | Buy | PER21.4x |
08/03/20 | CIMB | SGX | 8.17 | 9 | Add | |
08/03/20 | DMG & Partners | SGX | 8.17 | 9.2 | Buy | PER24x FY21 |
08/03/20 | DBS Vickers | SGX | 8.17 | 8.4 | Hold | DDM, PER21x FY21 |
08/03/20 | OCBC | SGX | 8.17 | 8.3 | Hold | PER21.3x FY21 |
08/26/20 | DMG & Partners | SGX | 8.63 | 9.5 | Buy | PER24x FY21 |
Thursday, September 3, 2020
SGX - Stock calls
Stock calls for 3 September 2020
Date | Analyst | Company | Last | Target | Call | Valuation |
09/03/20 | Lim & Tan | Bukit Sembawang | 3.69 | 0 | Buy | |
09/03/20 | CIMB | Centurion | 0.35 | 0.4 | Add | DCF |
09/03/20 | CIMB | IHH Healthcare | 1.75 | 2 | Add | Ringgit $6.10 target price |
09/03/20 | Jefferies | Mapletree Commercial | 1.99 | 2.25 | Buy | |
09/03/20 | Lim & Tan | Propnex | 0.57 | 0.69 | Buy | |
09/03/20 | Jefferies | Suntec Reit | 1.42 | 1.7 | Buy | |
09/03/20 | OCBC | Wing Tai | 1.71 | 2.01 | Buy |
The US ISM PMI improved again in August 2020.
The prices increased to 59.5 (+6.3) because of a significant depreciation in USD and a huge increase in the new order (67.6, +6.1). The new export and local orders increased significantly because of the weakening USD and pandemic relief aid ($300/weekly) respectively which sustained the consumer spendings. As stated previously on my blog, the US is still undergoing a passive inventory reduction phase which explains the drop in PMI inventories.
http://sg-stock.blogspot.com/2020/08/how-do-you-interpret-ppi-vs-cpi-and.html
However, the production had improved to 63.3 which might indicate that the inventory reduction phase would end soon. Overall, the PMI had risen to 56 which was a good indication of positive economic growth in the US.
Different market sectors are in distortions now.
US treasury market
The S&P and VIX should also have an inverse relationship but the S&P and VIX moved in sync (Trending up) recently which was abnormal.
The US properties, MBS, CMBS and car resale markets are also distorted now.
http://sg-stock.blogspot.com/2020/08/market-distortions-are-precursors-of.html
In a nutshell, the US treasury prices, S&P and VIX shouldn't be moving in sync (trending up) simultaneously because there will be asset reallocations when the risks are higher. The US FED has disrupted all these markets!
Wednesday, September 2, 2020
The devious US is trying to poison all Asians now! - Part 2
http://sg-stock.blogspot.com/2020/09/the-devious-us-is-trying-to-poison-all.html
I would like to share more information about this topic so that my readers can make their own informed decisions.
Ractopamine is banned in more than 160 countries while only 26 countries (includes SG) permit it. The codex standard is 10ppb for ractopamine but this codex standard is set up by these 26 countries.
Why is SG conforming to the minority standard instead of the majority standard whereby more than 160 countries ban ractopamine? Therefore, I can only say that SG is basing this on its political concern rather than food or health safety concerns. It is very disheartening to see SG making such a decision and ignore our health.
Sembcorp Marine - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
07/03/19 | CIMB | Sembcorp Marine | 1.54 | 1.75 | Add | PB1.6x CY19 |
07/03/19 | OCBC | Sembcorp Marine | 1.54 | 1.6 | Hold | |
07/04/19 | Macquarie | Sembcorp Marine | 1.41 | 1.57 | Neutral | |
07/04/19 | DBS Vickers | Sembcorp Marine | 1.41 | 2.4 | Buy | |
07/31/19 | DBS Vickers | Sembcorp Marine | 1.36 | 1.9 | Buy | PB1.8x FY19 |
07/31/19 | Amfrasers | Sembcorp Marine | 1.36 | 1.59 | Neutral | PB1.6x FY19 |
07/31/19 | DMG & Partners | Sembcorp Marine | 1.36 | 1.8 | Buy | PB1.64x FY20 |
07/31/19 | CIMB | Sembcorp Marine | 1.36 | 1.16 | Reduce | PB1.1x |
07/31/19 | UOB Kay Hian | Sembcorp Marine | 1.36 | 1.32 | Hold | DCF, Buy @ $1.25 |
08/06/19 | Macquarie | Sembcorp Marine | 1.28 | 1.4 | Neutral | PB |
09/03/19 | UOB Kay Hian | Sembcorp Marine | 1.16 | 1.22 | Hold | Buy @ $1.10 |
09/03/19 | DMG & Partners | Sembcorp Marine | 1.16 | 1.63 | Buy | PB1.48x FY20 |
09/09/19 | CIMB | Sembcorp Marine | 1.19 | 1.26 | Hold | PB1.2x CY19 |
10/09/19 | CIMB | Sembcorp Marine | 1.2 | 1.26 | Hold | PB1.2x CY19 |
10/09/19 | OCBC | Sembcorp Marine | 1.2 | 1.29 | Hold | |
10/09/19 | DBS Vickers | Sembcorp Marine | 1.2 | 1.9 | Buy | |
10/25/19 | DBS Vickers | Sembcorp Marine | 1.4 | 1.45 | Hold | |
11/12/19 | UOB Kay Hian | Sembcorp Marine | 1.33 | 1.22 | Sell | |
11/13/19 | OCBC | Sembcorp Marine | 1.34 | 1.24 | Sell | |
11/14/19 | DMG & Partners | Sembcorp Marine | 1.29 | 1.6 | Buy | PB1.47x FY20 |
11/14/19 | UOB Kay Hian | Sembcorp Marine | 1.29 | 1.17 | Sell | |
11/14/19 | CIMB | Sembcorp Marine | 1.29 | 1.26 | Hold | PB1.2x CY21 |
11/15/19 | Macquarie | Sembcorp Marine | 1.28 | 1.4 | Neutral | DCF |
11/15/19 | DBS Vickers | Sembcorp Marine | 1.28 | 1.4 | Hold | PB1.3x FY20 |
12/26/19 | Lim & Tan | Sembcorp Marine | 1.28 | 0 | Hold | |
01/21/20 | UOB Kay Hian | Sembcorp Marine | 1.28 | 1.4 | Hold | |
02/20/20 | OCBC | Sembcorp Marine | 1.24 | 1.23 | Hold | |
02/21/20 | UOB Kay Hian | Sembcorp Marine | 1.2 | 1.21 | Hold | Buy @ $1.05 |
02/21/20 | DMG & Partners | Sembcorp Marine | 1.2 | 1.45 | Buy | |
02/21/20 | DBS Vickers | Sembcorp Marine | 1.2 | 1.35 | Hold | PB1.3x FY20 |
02/21/20 | CIMB | Sembcorp Marine | 1.2 | 1.2 | Hold | |
03/10/20 | Amfrasers | Sembcorp Marine | 0.895 | 1.19 | Neutral | |
04/29/20 | HSBC | Sembcorp Marine | 0.74 | 0.79 | Hold | Cut from $1.31 |
05/13/20 | DMG & Partners | Sembcorp Marine | 0.735 | 1.28 | Buy | PB1.26x FY20 |
05/14/20 | UOB Kay Hian | Sembcorp Marine | 0.71 | 0.81 | Hold | Buy @ $0.65 |
05/14/20 | DBS Vickers | Sembcorp Marine | 0.71 | 0.72 | Hold | PB0.7x |
05/14/20 | CIMB | Sembcorp Marine | 0.71 | 0.8 | Hold | PB0.8x CY20 |
06/05/20 | Lim & Tan | Sembcorp Marine | 0.85 | 0 | Hold | |
06/09/20 | DMG & Partners | Sembcorp Marine | 0.85 | 1.13 | Buy | PB1.1x |
06/09/20 | Lim & Tan | Sembcorp Marine | 0.85 | 0 | Sell | |
07/07/20 | DMG & Partners | Sembcorp Marine | 0.47 | 1.13 | Buy | |
07/16/20 | DMG & Partners | Sembcorp Marine | 0.455 | 0.55 | Buy | PB0.82x |
07/16/20 | UOB Kay Hian | Sembcorp Marine | 0.455 | 0.49 | Hold | Buy @ $0.40 |
07/16/20 | Lim & Tan | Sembcorp Marine | 0.455 | 0 | Avoid | |
08/20/20 | Amfrasers | Sembcorp Marine | 0.21 | 0.23 | Neutral | PB0.8x |
Sembcorp Industries - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
07/03/19 | OCBC | Sembcorp Industries | 2.47 | 3.03 | Buy | |
07/04/19 | Macquarie | Sembcorp Industries | 2.41 | 2.84 | Outperform | |
08/15/19 | CIMB | Sembcorp Industries | 2.26 | 2.83 | Add | Sum of parts |
08/15/19 | UOB Kay Hian | Sembcorp Industries | 2.26 | 2.34 | Hold | |
08/15/19 | Citi Research | Sembcorp Industries | 2.26 | 3.05 | Buy | |
08/16/19 | DBS Vickers | Sembcorp Industries | 2.26 | 3.2 | Buy | Sum of parts (10% discount), PER16x FY19, PB0.8x FY19 |
09/12/19 | DBS Vickers | Sembcorp Industries | 2.21 | 3.2 | Buy | Sum of parts (10% discount), PER16x FY19, PB0.8x FY19 |
09/12/19 | Lim & Tan | Sembcorp Industries | 2.21 | 0 | Buy | |
09/18/19 | DMG & Partners | Sembcorp Industries | 2.22 | 2.68 | Buy | Sum of parts, PER9.9x FY20 |
09/18/19 | OCBC | Sembcorp Industries | 2.22 | 2.79 | Buy | |
10/07/19 | UOB Kay Hian | Sembcorp Industries | 2.06 | 2.22 | Hold | Buy @ $2 |
10/08/19 | CIMB | Sembcorp Industries | 2.08 | 2.83 | Add | Sum of parts |
10/09/19 | DBS Vickers | Sembcorp Industries | 2.11 | 3.2 | Buy | |
10/25/19 | DBS Vickers | Sembcorp Industries | 2.28 | 2.9 | Buy | |
11/15/19 | OCBC | Sembcorp Industries | 2.29 | 2.51 | Hold | Sum of parts |
11/15/19 | DMG & Partners | Sembcorp Industries | 2.29 | 2.68 | Buy | Sum of parts (20% discount), PER10x FY20 |
11/18/19 | UOB Kay Hian | Sembcorp Industries | 2.26 | 2.19 | Hold | Buy @ $2 |
11/18/19 | DBS Vickers | Sembcorp Industries | 2.26 | 2.9 | Buy | RNAV (10% discount), PB0.7x |
11/18/19 | Citi Research | Sembcorp Industries | 2.26 | 2.8 | Buy | |
12/27/19 | CIMB | Sembcorp Industries | 2.28 | 2.78 | Add | |
01/21/20 | CIMB | Sembcorp Industries | 2.28 | 2.78 | Add | |
02/07/20 | DBS Vickers | Sembcorp Industries | 2.16 | 2.21 | Hold | Sum of parts (10% discount), PER10.1x FY20, PB0.5x FY20 |
02/07/20 | Citi Research | Sembcorp Industries | 2.16 | 2.8 | Buy | |
02/07/20 | OCBC | Sembcorp Industries | 2.16 | 2.13 | Hold | |
02/07/20 | UOB Kay Hian | Sembcorp Industries | 2.16 | 2.17 | Hold | Buy @ $2.05 |
02/07/20 | Lim & Tan | Sembcorp Industries | 2.16 | 0 | Hold | |
02/07/20 | DMG & Partners | Sembcorp Industries | 2.16 | 2.68 | Buy | Sum of parts, PER10x FY20 |
02/24/20 | DMG & Partners | Sembcorp Industries | 2.01 | 2.33 | Buy | Sum of parts, PER10x FY20 |
04/29/20 | HSBC | Sembcorp Industries | 1.57 | 2.21 | Buy | Cut from $2.68 |
05/19/20 | DBS Vickers | Sembcorp Industries | 1.55 | 1.7 | Hold | Sum of parts, PB0.5x |
05/19/20 | Lim & Tan | Sembcorp Industries | 1.55 | 0 | Hold | |
05/19/20 | UOB Kay Hian | Sembcorp Industries | 1.55 | 1.7 | Hold | Buy @ $1.50 |
05/19/20 | CIMB | Sembcorp Industries | 1.55 | 1.76 | Hold | |
05/20/20 | DMG & Partners | Sembcorp Industries | 1.55 | 2 | Buy | Sum of parts |
06/01/20 | DBS Vickers | Sembcorp Industries | 1.36 | 1.7 | Buy | Sum of parts (10% discount) |
06/09/20 | DMG & Partners | Sembcorp Industries | 1.53 | 2.11 | Buy | Sum of parts |
06/09/20 | CIMB | Sembcorp Industries | 1.53 | 2.49 | Add | Sum of parts |
06/09/20 | Lim & Tan | Sembcorp Industries | 1.53 | 0 | Buy | |
07/07/20 | DMG & Partners | Sembcorp Industries | 1.87 | 2.11 | Buy | Sum of parts |
07/20/20 | UOB Kay Hian | Sembcorp Industries | 1.78 | 2.2 | Buy | Sum of parts |
07/20/20 | Lim & Tan | Sembcorp Industries | 1.78 | 0 | Accumulate | |
07/20/20 | CIMB | Sembcorp Industries | 1.78 | 2.27 | Add | |
09/02/20 | Lim & Tan | Sembcorp Industries | 1.86 | 0 | Accumulate |
SBS Transit - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
08/20/20 | Lim & Tan | SBS Transit | 2.84 | 0 | Hold |
Stock calls for 2 September 2020
Date | Analyst | Company | Last | Target | Call | Valuation |
09/02/20 | DBS Vickers | A-Reit | 3.34 | 4 | Buy | DCF |
09/02/20 | DBS Vickers | ARA Logistics | 0.635 | 0.7 | Buy | DCF |
09/02/20 | DBS Vickers | ART | 0.895 | 1.1 | Buy | DCF |
09/02/20 | OCBC | ART | 0.895 | 1.03 | Buy | |
09/02/20 | DBS Vickers | Capitamall Trust | 1.99 | 2.4 | Buy | DCF |
09/02/20 | UOB Kay Hian | Capitamall Trust | 1.99 | 2.55 | Buy | |
09/02/20 | OCBC | CDL Hospitality | 1.05 | 0.92 | Sell | |
09/02/20 | Macquarie | DBS | 20.87 | 24.1 | outperform | |
09/02/20 | DBS Vickers | Far East Hospitality | 0.54 | 0.6 | Buy | |
09/02/20 | OCBC | Far East Hospitality | 0.54 | 0.51 | Hold | |
09/02/20 | UOB Kay Hian | Far East Hospitality | 0.54 | 0.58 | Buy | |
09/02/20 | Lim & Tan | Food Empire | 0.62 | 0.72 | Accumulate | PER11x |
09/02/20 | DBS Vickers | Frasers Centrepoint Trust | 2.55 | 2.95 | Buy | PB1.45x FY21 |
09/02/20 | UOB Kay Hian | Frasers Centrepoint Trust | 2.55 | 2.9 | Buy | |
09/02/20 | DBS Vickers | Frasers Logistics | 1.36 | 1.6 | Buy | DCF |
09/02/20 | Lim & Tan | Keppel Corp | 4.55 | 0 | Accumulate | |
09/02/20 | DBS Vickers | Keppel Reit | 1.05 | 1.35 | Buy | DCF |
09/02/20 | UOB Kay Hian | Keppel Reit | 1.05 | 1.3 | Buy | |
09/02/20 | Macquarie | OCBC | 8.68 | 8.85 | Neutral | |
09/02/20 | CIMB | Overseas Edu | 0.28 | 0.26 | Hold | |
09/02/20 | Lim & Tan | Sembcorp Industries | 1.86 | 0 | Accumulate | |
09/02/20 | DBS Vickers | Soilbuild Reit | 0.455 | 0.5 | Buy | DCF |
09/02/20 | Macquarie | UOB | 19.62 | 20.85 | Neutral | |
09/02/20 | UOB Kay Hian | Wing Tai | 1.7 | 2.04 | Buy | RNAV (30% discount) |
The US property market is becoming distorted now! - Part 2
https://finance.yahoo.com/news/fed-mortgage-buying-spree-1-155915510.html
The US FED has already bought US$1T of MBS insofar and will continue to do so. Subsequently, this will cause the US property market to be severely distorted in the future. Big bubble!
http://sg-stock.blogspot.com/2020/08/the-us-property-market-is-becoming.html
We had explained the true picture of the US property market and it was not because of the US economic resiliency.
Tuesday, September 1, 2020
The USD is depreciating just as we've predicted. - Part 2
http://sg-stock.blogspot.com/2020/08/how-to-interpret-latest-us-feds-speech.html
The latest FED's speech has pushed the USD down further and looks set to create the kind of inflation in the future that the FED needs to reduce the debt pressure.
We had already predicted the USD depreciation below.
http://sg-stock.blogspot.com/2020/07/the-usd-is-depreciating-just-as-weve.html
SATS - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
07/05/19 | Kim Eng | SATS | 5.36 | 6.1 | Buy | DCF |
07/15/19 | UOB Kay Hian | SATS | 5.37 | 5.05 | Sell | |
07/19/19 | UOB Kay Hian | SATS | 5.32 | 4.8 | Sell | |
07/19/19 | DBS Vickers | SATS | 5.32 | 5 | Hold | DCF |
07/19/19 | CIMB | SATS | 5.32 | 5.4 | Hold | PER21.9x CY20 |
07/22/19 | OCBC | SATS | 5 | 5.28 | Hold | FCFF |
07/22/19 | phillip | SATS | 5 | 5.47 | Accumulate | |
07/22/19 | Lim & Tan | SATS | 5 | 0 | Hold | |
09/20/19 | Kim Eng | SATS | 4.78 | 6.1 | Buy | |
10/15/19 | UOB Kay Hian | SATS | 4.82 | 5.3 | Buy | DCF |
11/13/19 | UOB Kay Hian | SATS | 5.09 | 5.3 | Buy | |
11/14/19 | DBS Vickers | SATS | 4.99 | 5.06 | Hold | DCF & PER22x FY21 |
11/19/19 | phillip | SATS | 5.07 | 5.36 | Accumulate | DCF, PER23.3x FY19 |
11/19/19 | OCBC | SATS | 5.07 | 5.28 | Hold | |
11/25/19 | Kim Eng | SATS | 5.06 | 6.1 | Buy | |
02/04/20 | UOB Kay Hian | SATS | 4.49 | 4.8 | Hold | Buy @ $4.30 |
02/06/20 | CIMB | SATS | 4.46 | 4.07 | Reduce | |
02/14/20 | DBS Vickers | SATS | 4.54 | 4.46 | Hold | DCF & PER22x FY21 |
02/17/20 | phillip | SATS | 4.43 | 4.45 | Neutral | DCF, PER19x FY21 |
03/19/20 | DBS Vickers | SATS | 3.12 | 2.66 | Fully Valued | DCF, PER15.8x FY21 |
03/27/20 | UOB Kay Hian | SATS | 3.32 | 3.96 | Buy | PER19.4x FY22 |
05/04/20 | UOB Kay Hian | SATS | 3.28 | 3.3 | Hold | Buy @ $2.80-2.90 |
05/06/20 | DBS Vickers | SATS | 2.98 | 2.64 | Fully Valued | DCF & PER25x FY22 |
06/01/20 | DBS Vickers | SATS | 2.66 | 2.64 | Hold | DCF & PER25x |
07/13/20 | phillip | SATS | 2.88 | 1.95 | Sell | PB1.35x |
07/13/20 | UOB Kay Hian | SATS | 2.88 | 2.93 | Hold | EV/Invested capital basis |
07/13/20 | Lim & Tan | SATS | 2.88 | 0 | Avoid | |
07/14/20 | DBS Vickers | SATS | 2.78 | 2.83 | Hold | DCF & PER25x FY22 |
07/14/20 | OCBC | SATS | 2.78 | 2.76 | Hold | |
07/14/20 | CIMB | SATS | 2.78 | 2.8 | Reduce | |
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 |
Sasseur - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
08/08/19 | DBS Vickers | Sasseur | 0.8 | 0.97 | Buy | DCF |
08/13/19 | CIMB | Sasseur | 0.805 | 0.94 | Add | DDM |
10/30/19 | UOB Kay Hian | Sasseur | 0.8 | 0.97 | Buy | DDM |
11/18/19 | Kim Eng | Sasseur | 0.845 | 1 | Buy | DDM |
11/18/19 | UOB Kay Hian | Sasseur | 0.845 | 0.97 | Buy | |
11/18/19 | DBS Vickers | Sasseur | 0.845 | 0.97 | Buy | |
11/20/19 | CIMB | Sasseur | 0.85 | 0.94 | Add | |
02/21/20 | CIMB | Sasseur | 0.82 | 0.85 | Add | |
02/24/20 | DBS Vickers | Sasseur | 0.815 | 0.93 | Buy | DCF |
02/24/20 | Kim Eng | Sasseur | 0.815 | 0.95 | Buy | |
03/10/20 | UOB Kay Hian | Sasseur | 0.73 | 0.92 | Buy | DDM |
04/14/20 | DBS Vickers | Sasseur | 0.62 | 0.8 | Buy | DCF, PB0.9x |
05/15/20 | UOB Kay Hian | Sasseur | 0.72 | 0.96 | Buy | DDM |
06/03/20 | DBS Vickers | Sasseur | 0.8 | 0.8 | Buy | |
06/11/20 | Amfrasers | Sasseur | 0.795 | 0.89 | Outperform | DDM |
08/17/20 | UOB Kay Hian | Sasseur | 0.775 | 0.99 | Buy | DDM |
08/18/20 | CIMB | Sasseur | 0.78 | 0.84 | Add |
Sabana - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
09/12/19 | DBS Vickers | Sabana | 0.455 | 0.48 | Hold | DCF |
10/25/19 | DBS Vickers | Sabana | 0.455 | 0.48 | Hold | DCF |
01/30/20 | DBS Vickers | Sabana | 0.46 | 0.48 | Hold | DCF |
07/17/20 | DBS Vickers | Sabana | 0.36 | 0.4 | Buy | PB0.94x ESR-Reit |
Stock calls for 1 September 2020
Date | Analyst | Company | Last | Target | Call | Valuation |
09/01/20 | Kim Eng | Comfortdelgro | 1.48 | 1.76 | Buy | DCF |
09/01/20 | UOB Kay Hian | Food Empire | 0.625 | 0.85 | Buy | |
09/01/20 | UOB Kay Hian | Frencken | 0.94 | 1.37 | Buy | |
09/01/20 | UOB Kay Hian | Oxley | 0.225 | 0.37 | Buy | RNAV (30% discount) |
09/01/20 | UOB Kay Hian | Riverstone | 4.02 | 6 | Buy | |
09/01/20 | Lim & Tan | UG Healthcare | 2.28 | 0 | Accumulate | |
09/01/20 | CIMB | Wing Tai | 1.72 | 1.98 | Add | RNAV |
09/01/20 | DBS Vickers | Yangzijiang | 0.915 | 1.4 | Buy | Sum of parts |