Singtel - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/09/21	DBS Vickers	Singtel	2.37	3.01	Buy
06/09/21	Phillip	Singtel	2.37	2.32	Neutral
07/05/21	UOB Kay Hian	Singtel	2.27	2.84	Buy	DCF
07/13/21	DMG & Partners	Singtel	2.28	3	Buy
08/10/21	Kim Eng	Singtel	2.28	2.83	Buy	Sum of parts
08/12/21	DBS Vickers	Singtel	2.31	3.01	Buy
08/13/21	CIMB	Singtel	2.37	2.9	Add
08/13/21	DMG & Partners	Singtel	2.37	3	Buy
08/13/21	Macquarie	Singtel	2.37	2.84	outperform	DCF
08/13/21	UOB Kay Hian	Singtel	2.37	2.75	Buy	DCF
08/17/21	Phillip	Singtel	2.4	2.52	Accumulate	Sum of parts
08/27/21	DBS Vickers	Singtel	2.38	3.13	Buy	Sum of parts
09/01/21	Citi Research	Singtel	2.32	3.48	Buy
09/01/21	Macquarie	Singtel	2.32	2.83	outperform	Sum of parts
09/07/21	DMG & Partners	Singtel	2.38	3	Buy
09/13/21	CIMB	Singtel	2.4	2.9	Add
09/23/21	DBS Vickers	Singtel	2.47	3.13	Buy
09/23/21	Lim & Tan	Singtel	2.47	2.94	Accumulate
10/04/21	CIMB	Singtel	2.43	2.9	Add	Sum of parts
10/04/21	DMG & Partners	Singtel	2.43	3.37	Buy
10/04/21	UOB Kay Hian	Singtel	2.43	2.75	Buy	DCF, EV/Ebitda13x FY22
10/25/21	Lim & Tan	Singtel	2.57	3	Accumulate
11/08/21	CIMB	Singtel	2.54	2.9	Add	Sum of parts
11/12/21	Citi Research	Singtel	2.56	3.64	Buy
11/12/21	Lim & Tan	Singtel	2.56	3	Accumulate
11/12/21	Macquarie	Singtel	2.56	2.83	outperform	Sum of parts
11/12/21	UOB Kay Hian	Singtel	2.56	2.75	Buy	DCF
11/18/21	Phillip	Singtel	2.52	2.86	Buy	Sum of parts
11/30/21	DMG & Partners	Singtel	2.41	3.37	Buy
12/06/21	UOB Kay Hian	Singtel	2.38	2.75	Buy	DCF
12/09/21	Citi Research	Singtel	2.45	3.58	Buy
12/09/21	DBS Vickers	Singtel	2.45	3.13	Buy
12/17/21	Macquarie	Singtel	2.43	2.83	outperform	Sum of parts
12/21/21	Citi Research	Singtel	2.34	3.56	Buy
01/03/22	UOB Kay Hian	Singtel	2.32	2.75	Buy	DCF
01/12/22	Kim Eng	Singtel	2.42	2.83	Buy
01/24/22	DBS Vickers	Singtel	2.48	3.13	Buy
02/03/22	Lim & Tan	Singtel	2.43	3.11	Accumulate
02/10/22	CIMB	Singtel	2.55	2.9	Buy	Sum of parts
02/10/22	DMG & Partners	Singtel	2.55	3.37	Buy
02/14/22	UOB Kay Hian	Singtel	2.55	2.75	Buy	DCF
02/15/22	DBS Vickers	Singtel	2.55	3.13	Buy
02/16/22	UOB Kay Hian	Singtel	2.57	2.9	Buy
02/17/22	CIMB	Singtel	2.55	3.3	Add
02/17/22	Citi Research	Singtel	2.55	3.56	Buy	Sum of parts (10% discount)
02/17/22	Kim Eng	Singtel	2.55	2.98	Buy
02/17/22	OCBC	Singtel	2.55	2.98	Buy
02/17/22	Phillip	Singtel	2.55	2.86	Accumulate	Sum of parts
03/08/22	Citi Research	Singtel	2.51	3.44	Buy
03/08/22	DMG & Partners	Singtel	2.51	3.37	Buy
03/08/22	Lim & Tan	Singtel	2.51	3.16	Accumulate
03/09/22	UOB Kay Hian	Singtel	2.51	2.9	Buy
03/16/22	Kim Eng	Singtel	2.53	2.98	Buy	Sum of parts
03/29/22	CIMB	Singtel	2.65	3.3	Add	Sum of parts
04/01/22	Lim & Tan	Singtel	2.64	3.16	Accumulate
04/06/22	DMG & Partners	Singtel	2.66	3.37	Buy	Sum of parts
04/08/22	Kim Eng	Singtel	2.66	2.98	Buy	Sum of parts
04/12/22	UOB Kay Hian	Singtel	2.64	2.9	Buy	DCF, EV/Ebitda13x FY23
04/19/22	Lim & Tan	Singtel	2.58	3.15	Accumulate
04/27/22	CIMB	Singtel	2.77	3.3	Add

Stock calls for 5 May 2022

Date	Analyst	Company	Last	Target	Call	Valuation
05/05/22	DBS Vickers	A-Reit	2.82	3.65	Buy
05/05/22	CIMB	A-Reit	2.82	3.2	Add	DDM
05/05/22	DMG & Partners	A-Reit	2.82	3.6	Buy	DDM
05/05/22	Lim & Tan	A-Reit	2.82	3.29	Accumulate
05/05/22	DBS Vickers	ARA Hospitality	0.505	0.7	Buy
05/05/22	UOB Kay Hian	ART	1.16	1.32	Buy	DDM
05/05/22	DBS Vickers	ART	1.16	1.4	Buy	DCF, PB1.18x
05/05/22	CIMB	BRC Asia	1.65	2.1	Add
05/05/22	DBS Vickers	Capitaland Integrated Commercial Trust	2.29	2.7	Buy	PB1.3x
05/05/22	CIMB	Capitaland Integrated Commercial Trust	2.29	2.57	Add	DDM
05/05/22	DMG & Partners	Capitaland Integrated Commercial Trust	2.29	2.35	Neutral	DDM
05/05/22	Kim Eng	Capitaland Integrated Commercial Trust	2.29	2.6	Buy
05/05/22	DBS Vickers	CDL Hospitality	1.35	1.55	Buy	PB1.15x
05/05/22	DMG & Partners	CDL Hospitality	1.35	1.3	Neutral	DDM
05/05/22	CIMB	CDL Hospitality	1.35	1.38	Add
05/05/22	OCBC	CDL Hospitality	1.35	1.45	Buy
05/05/22	DMG & Partners	DBS	34.05	38.1	Buy	GGM, PB1.57x FY23
05/05/22	phillip	DBS	34.05	41.6	Accumulate	GGM, PB1.79x FY22
05/05/22	CIMB	Elite ComReit	0.66	0.76	Add	DDM
05/05/22	CIMB	Jiutian	0.094	0.17	Add
05/05/22	Lim & Tan	KSH	0.35	0	Accumulate
05/05/22	DMG & Partners	OCBC	12.32	13.9	Buy	GGM, PB1.06x FY23
05/05/22	CIMB	PanUnited	0.4	0.56	Add
05/05/22	DMG & Partners	Sheng Siong	1.54	1.51	Neutral	PER19x FY22
05/05/22	DMG & Partners	Starhub	1.26	1.29	Neutral	DCF
05/05/22	CIMB	Starhub	1.26	1.4	Hold	DCF (20% disc)
05/05/22	Kim Eng	Starhub	1.26	1.32	Hold
05/05/22	DBS Vickers	Thai Beverage	0.675	0.92	Buy
05/05/22	DMG & Partners	UOB	30.24	32.7	Neutral	GGM, PB1.18x FY23
05/05/22	phillip	UOB	30.24	35.7	Accumulate	GGM, PB1.46x FY22
05/05/22	DMG & Partners	Venture	18.25	22.8	Buy	PER19x FY22
05/05/22	CIMB	Vicplas	0.199	0.28	Add
05/05/22	UOB Kay Hian	Wilmar	4.41	5.5	Buy	Sum of parts
05/05/22	DMG & Partners	Wilmar	4.41	5.1	Buy	Sum of parts

Is the US FED going to hike its Fed rate by 50bp in May 2022? - Part 2

https://finance.yahoo.com/news/fed-fomc-monetary-policy-decision-may-2022-142723148.html

The US Fed has hiked its rate by 50bp as analyzed in our previous post below.  Furthermore, the Fed has also announced its asset shrinkage starting from June to August at $47.5B per month and $95B per month starting in September.  We've hit the nail on the head again.  Cheers!

https://sg-stock.blogspot.com/2022/05/is-us-fed-going-to-hike-its-fed-rate-by.html