Date | Analyst | Company | Last | Target | Call | Valuation |
10/19/18 | SAC Advisors | Hong Lai Huat | 0.2 | 0.51 | Buy | RNAV (40% discount), PB0.8x FY18 |
12/20/18 | SAC Advisors | Hong Lai Huat | 0.22 | 0.51 | Buy |
Monday, February 11, 2019
Hong Lai Huat - Stock calls
Hock Lian Seng - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
02/20/18 | UOB Kay Hian | Hock Lian Seng | 0.495 | 0.63 | Buy | |
02/27/18 | UOB Kay Hian | Hock Lian Seng | 0.51 | 0.65 | Buy |
Ho Bee - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
03/01/18 | Kim Eng | Ho Bee | 2.48 | 3.15 | Buy | RNAV (30% discount) |
03/02/18 | phillip | Ho Bee | 2.51 | 2.98 | Accumulate | RNAV (30% discount) |
04/11/18 | Kim Eng | Ho Bee | 2.54 | 3.15 | Buy | |
04/27/18 | Kim Eng | Ho Bee | 2.54 | 3.3 | Buy | RNAV (30% discount) |
04/27/18 | Lim & Tan | Ho Bee | 2.54 | 0 | Buy | |
04/30/18 | phillip | Ho Bee | 2.56 | 2.98 | Accumulate | RNAV (30% discount) |
06/05/18 | UOB Kay Hian | Ho Bee | 2.49 | 3.02 | Buy | |
06/18/18 | Lim & Tan | Ho Bee | 2.37 | 0 | Buy | |
06/20/18 | Kim Eng | Ho Bee | 2.36 | 3.3 | Buy | RNAV (30% discount) |
07/09/18 | phillip | Ho Bee | 2.3 | 2.98 | Accumulate | |
07/09/18 | Kim Eng | Ho Bee | 2.3 | 3.05 | Buy | |
08/14/18 | phillip | Ho Bee | 2.52 | 2.98 | Accumulate | RNAV (30% discount) |
08/16/18 | CIMB | Ho Bee | 2.57 | 2.9 | Add | |
08/24/18 | CIMB | Ho Bee | 2.65 | 3 | Add | RNAV (40% discount) |
09/06/18 | Kim Eng | Ho Bee | 2.59 | 3.05 | Buy | |
09/18/18 | CIMB | Ho Bee | 2.49 | 3 | Add | |
10/02/18 | CIMB | Ho Bee | 2.59 | 3 | Add | |
11/09/18 | UOB Kay Hian | Ho Bee | 2.5 | 2.79 | Buy | RNAV (30% discount) |
12/07/18 | UOB Kay Hian | Ho Bee | 2.41 | 2.79 | Buy | RNAV (30% discount) |
Stock calls for 11 February 2019
Date | Analyst | Company | Last | Target | Call | Valuation |
02/11/19 | CIMB | CDL Hospitality | 1.62 | 1.8 | Add | |
02/11/19 | Jefferies | City Developments | 9.16 | 12 | Buy | |
02/11/19 | OCBC | First Reit | 1.14 | 0.97 | Sell | |
02/11/19 | Kim Eng | SIA Engineering | 2.52 | 2.85 | Buy | DCF |
02/11/19 | OCBC | SIA Engineering | 2.52 | 2.47 | Hold | |
02/11/19 | phillip | SIA Engineering | 2.52 | 2.66 | Neutral | DCF |
02/11/19 | UOB Kay Hian | SIA Engineering | 2.52 | 2.55 | Hold | |
02/11/19 | UOB Kay Hian | Venture | 15.72 | 12.9 | Hold |
Renminbi (RMB) has depreciated after we warned of an anomaly.
\
The RMB has depreciated after our warning about the abnormal appreciation.http://sg-stock.blogspot.com/2019/01/renminbi-rmb-is-appreciating-abnormally.html
The Chinese Central Bank has successfully addressed the anomaly as its recent monetary policies are mostly liquidity driven.
Saturday, February 9, 2019
The US is interfering in Venezuela political affairs again!
https://news.yahoo.com/exclusive-u-direct-contact-venezuelan-military-urging-defections-043606414.html
The current Venezuelan President is after all an elected president who won in an open election, not the same as SG president.
Therefore, the only way to oust him is to defeat him in an open election, not supporting and recognising the opposition man as the legitimate president.
However, the USA is afraid that the current President may win again in another open election. Therefore, the USA is trying to oust him by interfering in Venezuela's political and domestic affairs.
The USA doesn't like other countries to meddle in its political affairs but the USA likes to meddle in another country's affairs. Shame on you, USA!
http://sg-stock.blogspot.com/2018/07/trump-wants-to-invade-venezuela.html
http://sg-stock.blogspot.com/2018/03/httpssg_1.html
http://sg-stock.blogspot.com/2018/02/the-usa-is-adamant-to-destroy-venezuela.html
http://sg-stock.blogspot.com/2017/09/venezuela-president-is-urging-its.html
http://sg-stock.blogspot.com/2017/09/usa-is-trying-to-topple-venezuela.html
The current Venezuelan President is after all an elected president who won in an open election, not the same as SG president.
Therefore, the only way to oust him is to defeat him in an open election, not supporting and recognising the opposition man as the legitimate president.
However, the USA is afraid that the current President may win again in another open election. Therefore, the USA is trying to oust him by interfering in Venezuela's political and domestic affairs.
The USA doesn't like other countries to meddle in its political affairs but the USA likes to meddle in another country's affairs. Shame on you, USA!
http://sg-stock.blogspot.com/2018/07/trump-wants-to-invade-venezuela.html
http://sg-stock.blogspot.com/2018/03/httpssg_1.html
http://sg-stock.blogspot.com/2018/02/the-usa-is-adamant-to-destroy-venezuela.html
http://sg-stock.blogspot.com/2017/09/venezuela-president-is-urging-its.html
http://sg-stock.blogspot.com/2017/09/usa-is-trying-to-topple-venezuela.html
Baltic dry index - 601
Today, Friday, February 08 2019, the Baltic Dry Index decreased by 9 points, reaching 601 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 - 1049
The US drilling rig count is up 4 units to 1,049 rigs working for the week ended Feb. 8, according to Baker Hughes data. The count is also up 74 units from the 975 rigs working this time a year ago.
With a 4-unit gain week-over-week, 1,029 rigs are drilling on land. The number of rigs drilling offshore remained unchanged at 19 units as did those units drilling in inland waters where a single unit remains for the week.
US oil-directed rigs are up 7 from last week to 854 units working, and up from the 791 rigs drilling for oil this week a year ago. Gas-directed rigs are down 3 units at 195 yet up from the 184 units drilling for gas a year ago.
Among the major oil and gas-producing states, only three saw a week-over-week increase. Alaska and California each gained 4 units to reach 11 and 10 rigs, respectively. Wyoming saw a single-unit gain increase to 34.
Eight states are unchanged this week: Louisiana, 62; North Dakota, 58; Pennsylvania, 47; Colorado, 35; Ohio, 18; West Virginia, 17; Utah, 8; and Kansas, 0.
The largest decrease comes from Texas where a 3-unit drop brought the total number of rigs to 511. Oklahoma dropped 2 units to reach 120 rigs. With a one-rig decrease, New Mexico stands at 111 rigs working for the week.
Canada’s rig count is down 3 units for the week. At 240 rigs, the count is less than the 325 units drilling this week a year ago. Two of the dropped rigs are gas-directed, bringing the count to 82 for the week. Oil-directed rigs in Canada are down a single rig to 158.
=================
Related stocks: Keppel Corp, Sembcorp Marine & Cosco
Friday, February 8, 2019
HMI - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/08/18 | CIMB | HMI | 0.665 | 0.83 | Add | DCF |
02/14/18 | phillip | HMI | 0.63 | 0.83 | Buy | DCF |
02/14/18 | UOB Kay Hian | HMI | 0.63 | 0.83 | Buy | DCF |
02/14/18 | Kim Eng | HMI | 0.63 | 0.8 | Buy | DCF |
05/11/18 | phillip | HMI | 0.645 | 0.83 | Buy | DCF |
05/11/18 | UOB Kay Hian | HMI | 0.645 | 0.83 | Buy | DCF |
05/16/18 | Kim Eng | HMI | 0.665 | 0.8 | Buy | |
07/09/18 | UOB Kay Hian | HMI | 0.595 | 0.82 | Buy | DCF |
07/16/18 | CIMB | HMI | 0.58 | 0.8 | Add | |
08/21/18 | CIMB | HMI | 0.575 | 0.8 | Add | |
08/28/18 | UOB Kay Hian | HMI | 0.62 | 0.82 | Buy | DCF |
08/29/18 | CIMB | HMI | 0.61 | 0.79 | Add | DCF |
08/29/18 | UOB Kay Hian | HMI | 0.61 | 0.84 | Buy | DCF |
08/30/18 | phillip | HMI | 0.615 | 0.83 | Buy | DCF |
11/15/18 | UOB Kay Hian | HMI | 0.550 | 0.77 | Buy | DCF |
11/15/18 | CIMB | HMI | 0.550 | 0.73 | Add | DCF, EV/Ebitda15.2x FY20 |
11/16/18 | phillip | HMI | 0.545 | 0.77 | Buy | DCF |
01/23/19 | phillip | HMI | 0.540 | 0.77 | Buy |
HLH - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
06/29/18 | SAC | HLH | 0.163 | 0.51 | Buy | RNAV (40% discount), PB0.8x FY18 |
Hi-P - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
02/15/18 | Kim Eng | Hi-P | 1.92 | 2.43 | Buy | PB3.2x FY18 |
02/15/18 | DBS Vickers | Hi-P | 1.92 | 2.48 | Buy | PER14.4x FY18 |
04/03/18 | DBS Vickers | Hi-P | 2.17 | 2.48 | Buy | |
04/27/18 | DBS Vickers | Hi-P | 1.8 | 1.88 | Hold | PER13.3x FY18 |
05/03/18 | DBS Vickers | Hi-P | 1.69 | 1.8 | Hold | PER13.3x FY18 |
05/03/18 | Lim & Tan | Hi-P | 1.69 | 0 | Sell | |
05/04/18 | Kim Eng | Hi-P | 1.57 | 1.45 | Hold | PB2x |
08/02/18 | DBS Vickers | Hi-P | 1.27 | 1.21 | Hold | PER11.2x FY18/19 |
08/03/18 | Kim Eng | Hi-P | 1.15 | 1.27 | Hold | PB |
10/03/18 | DBS Vickers | Hi-P | 1 | 1.3 | Buy | PER12x FY19 |
10/15/18 | Kim Eng | Hi-P | 0.915 | 0.84 | Hold | |
11/09/18 | DBS Vickers | Hi-P | 0.85 | 0.8 | Hold | PER10x FY19 |
11/12/18 | Kim Eng | Hi-P | 0.845 | 0.84 | Hold | PB1x FY19 |
01/08/19 | Kim Eng | Hi-P | 0.965 | 0.68 | Sell |
Stock calls for 8 February 2019
Date | Analyst | Company | Last | Target | Call | Valuation |
02/08/19 | DBS Vickers | Mapletree North Asia | 1.25 | 1.45 | Buy | |
02/08/19 | DBS Vickers | Ascendas India Trust | 1.13 | 1.25 | Buy | |
02/08/19 | UOB Kay Hian | Comfortdelgro | 2.36 | 2.59 | Buy | |
02/08/19 | DBS Vickers | Comfortdelgro | 2.36 | 2.56 | Buy | |
02/08/19 | UOB Kay Hian | CSE Global | 0.455 | 0.59 | Buy | |
02/08/19 | UOB Kay Hian | DBS | 24.33 | 28.5 | Buy | |
02/08/19 | DBS Vickers | Frasers Logistics | 1.09 | 1.2 | Buy | |
02/08/19 | UOB Kay Hian | Fu Yu | 0.205 | 0.27 | Buy | |
02/08/19 | DBS Vickers | Mapletree Commercial | 1.81 | 2 | Buy | |
02/08/19 | DBS Vickers | Mapletree Logistics | 1.39 | 1.5 | Buy | |
02/08/19 | DBS Vickers | Netlink | 0.79 | 0.87 | Buy | |
02/08/19 | UOB Kay Hian | Netlink | 0.79 | 0.99 | Buy | |
02/08/19 | UOB Kay Hian | OCBC | 11.49 | 13.82 | Buy | |
02/08/19 | DBS Vickers | OUE Commercial | 0.51 | 0.6 | Buy | |
02/08/19 | UOB Kay Hian | SATS | 4.8 | 5.6 | Buy | |
02/08/19 | OCBC | Singapore Post | 0.955 | 1 | Hold | |
02/08/19 | UOB Kay Hian | Singtel | 3.05 | 3.58 | Buy | |
02/08/19 | DBS Vickers | ST Engineering | 3.75 | 4.15 | Buy | |
02/08/19 | DBS Vickers | Starhub | 1.89 | 2.45 | Buy |
Trump won't meet Xi before March 2.
https://finance.yahoo.com/news/us-stock-indexes-drop-economic-earnings-worries-rise-151232264--finance.html
Trump has indicated that he won't meet Xi before March 2. This means the US will impose tariffs against China.
Trump has upped his ante now after seeing how subservient Liu He was.
http://sg-stock.blogspot.com/2019/02/chinese-vice-premier-liu-he-performed.html
Trump has indicated that he won't meet Xi before March 2. This means the US will impose tariffs against China.
Trump has upped his ante now after seeing how subservient Liu He was.
http://sg-stock.blogspot.com/2019/02/chinese-vice-premier-liu-he-performed.html
Thursday, February 7, 2019
OMG! DIHK cuts Germany's economic growth by almost 50% in 2019.
https://sg.finance.yahoo.com/news/german-economy-grow-0-9-percent-2019-outlook-083353758--business.html
Look like things really look bad in Germany.
The economic situation in Germany won't improve unless Germany gets cozy with China and welcome China's businesses. However, doing this will piss off the USA. Therefore, Germany has to choose between pleasing the USA or starving its own people.
Look like things really look bad in Germany.
The economic situation in Germany won't improve unless Germany gets cozy with China and welcome China's businesses. However, doing this will piss off the USA. Therefore, Germany has to choose between pleasing the USA or starving its own people.
Our prediction for EU is coming to fruition.
https://sg.finance.yahoo.com/news/eu-cuts-euro-zone-growth-forecast-inflation-slow-100840991--business.html
We posted previously that EU and North America will enter recessions faster than Asia.
http://sg-stock.blogspot.com/2019/01/north-america-and-europe-will-slip-into.html
It looks like our prediction is coming to fruition because EU economic growth is declining rapidly. If the US-China trade war continues further and EU continues to reject China FDI, EU will slip into a recession soon.
We posted previously that EU and North America will enter recessions faster than Asia.
http://sg-stock.blogspot.com/2019/01/north-america-and-europe-will-slip-into.html
It looks like our prediction is coming to fruition because EU economic growth is declining rapidly. If the US-China trade war continues further and EU continues to reject China FDI, EU will slip into a recession soon.
Guocoland - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/16/18 | Kim Eng | Guocoland | 2.26 | 2.95 | Buy | RNAV (38% discount), PB0.68x |
02/02/18 | CIMB | Guocoland | 2.25 | 2.88 | Add | RNAV (25% discount) |
02/05/18 | Kim Eng | Guocoland | 2.22 | 2.95 | Buy | RNAV (20% discount) |
03/20/18 | CIMB | Guocoland | 2.11 | 2.88 | Add | RNAV (25% discount) |
03/20/18 | Kim Eng | Guocoland | 2.11 | 3 | Buy | RNAV (20% discount) |
04/02/18 | Kim Eng | Guocoland | 2.08 | 3 | Buy | RNAV (20% discount) |
06/19/18 | Kim Eng | Guocoland | 2.07 | 3 | Buy | |
07/09/18 | Kim Eng | Guocoland | 1.83 | 2 | Hold | |
08/28/18 | Kim Eng | Guocoland | 1.93 | 1.9 | Hold | RNAV (45% discount) |
09/06/18 | Kim Eng | Guocoland | 1.88 | 1.9 | Hold | |
12/07/18 | UOB Kay Hian | Guocoland | 1.75 | 2.8 | Buy |
GSS Energy - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
03/06/18 | DMG & Partners | GSS Energy | 0.16 | 0.25 | Buy | Sum of parts |
05/18/18 | DMG & Partners | GSS Energy | 0.151 | 0.25 | Buy | Sum of parts |
06/27/18 | DMG & Partners | GSS Energy | 0.139 | 0.25 | Buy | Sum of parts |
08/16/18 | DMG & Partners | GSS Energy | 0.133 | 0.22 | Buy | Sum of parts |
09/18/18 | DMG & Partners | GSS Energy | 0.13 | 0.22 | Buy | Sum of parts |
11/14/18 | DMG & Partners | GSS Energy | 0.097 | 0.19 | Buy | Sum of parts |
01/07/19 | DMG & Partners | GSS Energy | 0.097 | 0.19 | Buy |
Golden Energy - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/26/18 | DMG & Partners | Golden Energy | 0.475 | 0.68 | Buy | DCF & PER13.1x FY18 |
03/16/18 | phillip | Golden Energy | 0.37 | 0.48 | Buy | PER10x |
05/18/18 | phillip | Golden Energy | 0.365 | 0.48 | Buy | PER10x FY18 |
06/07/18 | phillip | Golden Energy | 0.375 | 0.48 | Buy | |
07/06/18 | phillip | Golden Energy | 0.335 | 0.48 | Buy | |
08/20/18 | phillip | Golden Energy | 0.305 | 0.42 | Buy | PER10x |
09/07/18 | phillip | Golden Energy | 0.255 | 0.41 | Buy | |
11/26/18 | phillip | Golden Energy | 0.23 | 0.36 | Buy | PER10x FY19 |
Stock calls for 7 February 2019
Date | Analyst | Company | Last | Target | Call | Valuation |
02/07/19 | DBS Vickers | Ezion | 0.05 | 0.06 | Hold | PB0.3x FY19 |
02/07/19 | OCBC | Far East Hospitality | 0.66 | 0.675 | Buy | |
02/07/19 | Lim & Tan | GL Ltd | 0.735 | 1.76 | Buy | Sum of parts |
02/07/19 | Kim Eng | Netlink | 0.785 | 0.93 | Buy | |
02/07/19 | Kim Eng | Starhub | 1.82 | 2.21 | Buy |
This year will be a painful year for Crypto!
https://finance.yahoo.com/news/crypto-universe-may-round-pain-022846955.html
The most optimistic crypto proponent has thrown in the towel and given up on its unrealistic target for bitcoin.
Bitcoin prices won't recover to its glorious peak as more people get educated about crypto. Please read our post below for more information.
https://sg-stock.blogspot.com/2018/11/a-financial-analysis-on-initial-coin.html
The crypto developers have been trying to rectify the security and structural flaws by switching from a POW (proof of work) to POS (proof of stake) system because POW consumes too much energy resulting in energy profligacy. However, the developers are missing out the fundamental issues of money.
Money is a derivative of the economy and its supply cannot be limited or else it will be abandoned like the gold standard because of its finite supply. Why is this so?
Money supply has to be able to shrink or expand to manage the economic growth because of inflation and deflation. Under normal circumstances, there is an incremental natural rate of growth in the economy because of new services and products being created which will increase the economic size. Consequently, the money supply has to be increased for the economy to function properly. Likewise, the money supply has to be reduced when the economy is having a recession.
If a digital monetary structure has a limited supply, it won't be able to function like what the fiat money can do. Therefore, the cryptocurrency will never become a legitimate and real currency.
The most optimistic crypto proponent has thrown in the towel and given up on its unrealistic target for bitcoin.
Bitcoin prices won't recover to its glorious peak as more people get educated about crypto. Please read our post below for more information.
https://sg-stock.blogspot.com/2018/11/a-financial-analysis-on-initial-coin.html
The crypto developers have been trying to rectify the security and structural flaws by switching from a POW (proof of work) to POS (proof of stake) system because POW consumes too much energy resulting in energy profligacy. However, the developers are missing out the fundamental issues of money.
Money is a derivative of the economy and its supply cannot be limited or else it will be abandoned like the gold standard because of its finite supply. Why is this so?
Money supply has to be able to shrink or expand to manage the economic growth because of inflation and deflation. Under normal circumstances, there is an incremental natural rate of growth in the economy because of new services and products being created which will increase the economic size. Consequently, the money supply has to be increased for the economy to function properly. Likewise, the money supply has to be reduced when the economy is having a recession.
If a digital monetary structure has a limited supply, it won't be able to function like what the fiat money can do. Therefore, the cryptocurrency will never become a legitimate and real currency.
Subscribe to:
Posts (Atom)