| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/11/21 | UOB Kay Hian | Far East Hospitality | 0.62 | 0.74 | Buy | |
| 01/11/21 | UOB Kay Hian | First Resources | 1.49 | 1.75 | Buy | PER12x FY21 |
| 01/11/21 | UOB Kay Hian | Frasers Centrepoint Trust | 2.57 | 3.15 | Buy | DDM |
| 01/11/21 | UOB Kay Hian | Lendlease Reit | 0.775 | 0.97 | Buy | |
| 01/11/21 | UOB Kay Hian | OCBC | 10.73 | 13.48 | Buy | GGM, PB1.19x FY21 |
| 01/11/21 | DBS Vickers | Riverstone | 1.35 | 1.85 | Buy | PER12.8x FY21/22 |
| 01/11/21 | UOB Kay Hian | Riverstone | 1.35 | 2.99 | Buy | PER15.9x FY21 |
| 01/11/21 | UOB Kay Hian | Singapore Medical | 0.33 | 0.46 | Buy | Up from $0.37 |
| 01/11/21 | UOB Kay Hian | Singtel | 2.46 | 2.8 | Buy | DCF |
| 01/11/21 | UOB Kay Hian | Suntec Reit | 1.51 | 1.75 | Buy | |
| 01/11/21 | CIMB | Top Glove | 2.11 | 2.93 | Add | PER16x CY22 |
| 01/11/21 | UOB Kay Hian | United Hamspire | 0.645 | 0.92 | Buy |
Monday, January 11, 2021
Stock calls for 11 January 2021
The US and UK hospitals are running out of beds!
The US and UK hospitals are running out of beds because of the massive spikes in covid infections and many operations have to be delayed. Furthermore, it is expected that the new 3 infectious variants will overtake their predecessors to become the dominant viruses across the globe. These 3 variants will stress the global healthcare system because they target younger people.
God bless us all!
Pharmaceutical companies will make false claims just to sell their drugs.
Let's take a look at some examples.
https://www.cbsnews.com/news/covid-vaccine-last-years-moderna-ceo/
Moderna CEO proclaimed that his covid vaccine may last for years without any concrete proof. However, scientific research showed otherwise and Moderna had only a small research size.
The Imperil college research also showed that covid antibodies only lasted a few months and we had stated this on numerous postings too.
http://sg-stock.blogspot.com/2020/12/modernas-vaccination-can-last-at-least.html
Gilead also made some false claims about its drug that WHO disputed after its scientific review.
Omg! Another covid variant is detected!
This is the 3rd variant being detected in a very short span of time. This brazil variant is different from the UK and South African variants.
It looks like the covid virus is mutating faster now.
Saturday, January 9, 2021
Wow! Taiwan was involved in the white house's invasion!
A picture can tell a thousand words.
I knew that Taiwan was a staunch pro-Trump supporter but I’ve never expected Taiwan to back Trump up by involving in the white house’s invasion. The white house rioter brandished a big Taiwan's flag during the invasion to show Taiwan’s support for Trump.
Friday, January 8, 2021
Fu Yu - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/08/20 | DMG & Partners | Fu Yu | 0.255 | 0.27 | Buy | |
| 01/15/20 | DBS Vickers | Fu Yu | 0.25 | 0.35 | Buy | PER16x FY20 |
| 01/15/20 | DMG & Partners | Fu Yu | 0.25 | 0.29 | Buy | DCF |
| 02/26/20 | UOB Kay Hian | Fu Yu | 0.26 | 0.3 | Buy | |
| 02/26/20 | DBS Vickers | Fu Yu | 0.26 | 0.35 | Buy | PER11.8x FY20 |
| 02/27/20 | Lim & Tan | Fu Yu | 0.25 | 0 | Hold | |
| 02/28/20 | DMG & Partners | Fu Yu | 0.25 | 0.32 | Buy | DCF |
| 03/16/20 | DMG & Partners | Fu Yu | 0.2 | 0.32 | Buy | DCF |
| 04/01/20 | DBS Vickers | Fu Yu | 0.198 | 0.21 | Hold | |
| 04/06/20 | CIMB | Fu Yu | 0.196 | 0.21 | Add | |
| 04/07/20 | DMG & Partners | Fu Yu | 0.199 | 0.32 | Buy | |
| 04/13/20 | DMG & Partners | Fu Yu | 0.215 | 0.28 | Buy | DCF |
| 05/13/20 | DBS Vickers | Fu Yu | 0.22 | 0.21 | Hold | PER13.6x FY20 |
| 05/13/20 | Lim & Tan | Fu Yu | 0.22 | 0 | Buy on weakness | |
| 05/14/20 | CIMB | Fu Yu | 0.22 | 0.21 | Hold | |
| 05/15/20 | UOB Kay Hian | Fu Yu | 0.22 | 0.25 | Buy | PER12.4x FY20 |
| 06/16/20 | DMG & Partners | Fu Yu | 0.23 | 0.28 | Buy | DCF |
| 06/24/20 | Lim & Tan | Fu Yu | 0.24 | 0 | Buy | |
| 07/03/20 | DMG & Partners | Fu Yu | 0.235 | 0.28 | Buy | |
| 08/17/20 | DMG & Partners | Fu Yu | 0.24 | 0.3 | Buy | DCF |
| 08/17/20 | DBS Vickers | Fu Yu | 0.24 | 0.27 | Hold | PER12.6x FY21 |
| 08/17/20 | Lim & Tan | Fu Yu | 0.24 | 0 | Buy | |
| 08/18/20 | UOB Kay Hian | Fu Yu | 0.245 | 0.29 | Buy | |
| 09/14/20 | CIMB | Fu Yu | 0.24 | 0.24 | Hold | GGM, PB1.1x |
| 11/12/20 | DBS Vickers | Fu Yu | 0.235 | 0.31 | Buy | |
| 11/16/20 | DMG & Partners | Fu Yu | 0.245 | 0.3 | Buy | |
| 11/16/20 | CIMB | Fu Yu | 0.245 | 0.288 | Add | |
| 12/28/20 | DMG & Partners | Fu Yu | 0.255 | 0.3 | Buy |
Frencken - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/24/20 | DBS Vickers | Frencken | 0.91 | 1.06 | Buy | PER10x FY20 |
| 02/28/20 | DBS Vickers | Frencken | 0.865 | 1.06 | Buy | PER10x FY20 |
| 02/28/20 | Amfrasers | Frencken | 0.865 | 1.01 | outperform | |
| 03/02/20 | CIMB | Frencken | 0.83 | 1.06 | Add | |
| 03/09/20 | DMG & Partners | Frencken | 0.83 | 1.05 | Buy | DCF |
| 03/10/20 | Amfrasers | Frencken | 0.75 | 1.01 | outperform | PER10x FY20 |
| 04/02/20 | DBS Vickers | Frencken | 0.565 | 0.74 | Buy | |
| 04/15/20 | DMG & Partners | Frencken | 0.71 | 0.9 | Buy | DCF |
| 05/15/20 | DBS Vickers | Frencken | 0.82 | 0.92 | Buy | PER10.4x FY20 |
| 06/02/20 | Amfrasers | Frencken | 0.81 | 1.01 | outperform | PER10x FY20 |
| 06/22/20 | UOB Kay Hian | Frencken | 0.86 | 1.15 | Buy | |
| 07/01/20 | DBS Vickers | Frencken | 0.88 | 1.02 | Buy | PER10.4x FY21 |
| 07/03/20 | DMG & Partners | Frencken | 0.91 | 0.9 | Buy | |
| 07/13/20 | Kim Eng | Frencken | 0.915 | 1.2 | Buy | Roe-g/Coe-g, PB1.6x FY20 |
| 08/11/20 | Kim Eng | Frencken | 1.15 | 1.2 | Buy | |
| 08/14/20 | UOB Kay Hian | Frencken | 1.24 | 1.37 | Buy | |
| 08/14/20 | DBS Vickers | Frencken | 1.24 | 1.43 | Buy | PER13.2x FY21 |
| 08/14/20 | CIMB | Frencken | 1.24 | 1.06 | Reduce | |
| 08/17/20 | Amfrasers | Frencken | 1.04 | 1.21 | outperform | PER12x FY21 |
| 08/20/20 | Kim Eng | Frencken | 0.98 | 1.33 | Buy | PB1.6x FY21 |
| 08/24/20 | Lim & Tan | Frencken | 0.96 | 1.26 | Accumulate | |
| 08/31/20 | CIMB | Frencken | 0.94 | 1.06 | Add | PER10x FY21 |
| 08/31/20 | DMG & Partners | Frencken | 0.94 | 1.16 | Buy | |
| 09/01/20 | UOB Kay Hian | Frencken | 0.94 | 1.37 | Buy | |
| 09/07/20 | DBS Vickers | Frencken | 1 | 1.43 | Buy | |
| 09/30/20 | Kim Eng | Frencken | 0.96 | 1.33 | Buy | |
| 10/15/20 | DMG & Partners | Frencken | 1.07 | 1.16 | Buy | DCF |
| 10/15/20 | CIMB | Frencken | 1.07 | 1.25 | Add | |
| 11/13/20 | Lim & Tan | Frencken | 0.97 | 0 | Buy | |
| 11/13/20 | DMG & Partners | Frencken | 0.97 | 1.22 | Buy | |
| 11/13/20 | CIMB | Frencken | 0.97 | 1.27 | Add | |
| 11/13/20 | Kim Eng | Frencken | 0.97 | 1.39 | Buy | PB1.6x FY21 |
| 11/13/20 | DBS Vickers | Frencken | 0.97 | 1.51 | Buy | PER13.2x FY21 |
| 11/17/20 | UOB Kay Hian | Frencken | 1.05 | 1.42 | Buy | |
| 12/23/20 | Kim Eng | Frencken | 1.2 | 1.39 | Buy | PB1.6x FY21 |
| 12/23/20 | CIMB | Frencken | 1.2 | 1.39 | Add | |
| 12/24/20 | DMG & Partners | Frencken | 1.24 | 1.37 | Buy | |
| 01/06/21 | DBS Vickers | Frencken | 1.32 | 1.51 | Buy |
Frasers Property - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 05/14/20 | DBS Vickers | Frasers Property | 1.19 | 1.7 | Buy | RNAV (50% discount) |
| 05/14/20 | CIMB | Frasers Property | 1.19 | 1.7 | Add | RNAV (45% discount) |
| 07/30/20 | DBS Vickers | Frasers Property | 1.18 | 1.7 | Buy | |
| 08/06/20 | DBS Vickers | Frasers Property | 1.17 | 1.7 | Buy | RNAV (50% discount) |
| 08/12/20 | CIMB | Frasers Property | 1.19 | 1.7 | Add | |
| 09/07/20 | CIMB | Frasers Property | 1.17 | 1.7 | Add | |
| 11/11/20 | Lim & Tan | Frasers Property | 1.14 | 0 | Accumulate | |
| 11/12/20 | CIMB | Frasers Property | 1.15 | 1.7 | Add |
Stock calls for 8 January 2021
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/08/21 | CIMB | Dairy Farm | 4.27 | 5.5 | Add | PER22x FY21 |
| 01/08/21 | Lim & Tan | Sembcorp Industries | 1.77 | 0 | Neutral |
It is a beautiful sight to behold the true democracy at work in the white house's invasion.
The US government had shown the world that a government must act tough against rioters because it used real bullets and not rubber bullets for its first response.
No wonder the western world criticized HK police for using rubber bullets to wound the rioters because HK should use real bullets instead.
The US has taught the world the true meaning of democracy because a government can kill at will to defend its democratic value.
No wonder HK is not a democratic entity in the eyes of the western world because it doesn't defend its democratic value by allowing the rioters to invade its parliamentary house.
We must give thanks to the US for teaching us true democracy. It is indeed a beautiful sight to behold the process of true democracy.
Thursday, January 7, 2021
The US risk-free rate has breached 1%.
http://sg-stock.blogspot.com/2020/09/the-us-fed-is-expected-to-remain-on_17.html
If the US continues to print USD and doesn't raise interest rates, there will be runaway inflation in the US by 2023.
Let's see how this will pan out.
The US inflation is coming - Part 6
The US will face rising inflation in 2021 because of a confluence of factors.
Let's take a look at these factors.
The oil price has been rising and is above US$50 now.
The USD index has been declining which is making imports more expensive.
The PMI prices and freight costs have been rising and this will impact PPI and CPI in the foreseeable future.
http://sg-stock.blogspot.com/2021/01/the-us-ism-pmi-improved-to-607-in.html
Frasers Logistics - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 02/10/20 | OCBC | Frasers Logistics | 1.27 | 1.37 | Hold | |
| 02/10/20 | CIMB | Frasers Logistics | 1.27 | 1.32 | Add | |
| 05/04/20 | CIMB | Frasers Logistics | 1.06 | 1.3 | Add | |
| 06/02/20 | DBS Vickers | Frasers Logistics | 1.15 | 1.4 | Buy | |
| 07/03/20 | DBS Vickers | Frasers Logistics | 1.21 | 1.4 | Buy | |
| 07/14/20 | CIMB | Frasers Logistics | 1.23 | 1.43 | Add | DDM |
| 08/05/20 | DBS Vickers | Frasers Logistics | 1.37 | 1.6 | Buy | DCF |
| 08/05/20 | CIMB | Frasers Logistics | 1.37 | 1.43 | Add | |
| 08/05/20 | Lim & Tan | Frasers Logistics | 1.37 | 0 | Hold | |
| 08/19/20 | Macquarie | Frasers Logistics | 1.39 | 1.6 | outperform | |
| 08/24/20 | OCBC | Frasers Logistics | 1.38 | 1.59 | Buy | |
| 09/02/20 | DBS Vickers | Frasers Logistics | 1.36 | 1.6 | Buy | DCF |
| 09/28/20 | DBS Vickers | Frasers Logistics | 1.42 | 1.85 | Buy | DCF |
| 10/16/20 | OCBC | Frasers Logistics | 1.4 | 1.59 | Buy | |
| 11/09/20 | CIMB | Frasers Logistics | 1.33 | 1.5 | Add | DDM |
| 11/09/20 | DBS Vickers | Frasers Logistics | 1.33 | 1.85 | Buy | DCF |
| 11/17/20 | OCBC | Frasers Logistics | 1.28 | 1.59 | Buy |
Frasers Hospitality Trust - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/28/20 | DBS Vickers | Frasers Hospitality Trust | 0.715 | 0.78 | Hold | DCF |
| 02/17/20 | Kim Eng | Frasers Hospitality Trust | 0.69 | 0.8 | Buy | |
| 04/21/20 | DBS Vickers | Frasers Hospitality Trust | 0.5 | 0.65 | Buy | |
| 05/12/20 | DBS Vickers | Frasers Hospitality Trust | 0.475 | 0.65 | Buy | PB0.9x |
| 07/17/20 | UOB Kay Hian | Frasers Hospitality Trust | 0.47 | 0.58 | Buy | DDM |
| 08/11/20 | Kim Eng | Frasers Hospitality Trust | 0.43 | 0.45 | Hold | |
| 08/26/20 | UOB Kay Hian | Frasers Hospitality Trust | 0.44 | 0.54 | Buy | |
| 11/03/20 | UOB Kay Hian | Frasers Hospitality Trust | 0.4 | 0.55 | Buy | DDM |
| 11/26/20 | DBS Vickers | Frasers Hospitality Trust | 0.475 | 0.7 | Buy | DCF |
Frasers Centrepoint Trust - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/23/20 | Kim Eng | Frasers Centrepoint Trust | 2.8 | 2.85 | Hold | DDM |
| 01/23/20 | Lim & Tan | Frasers Centrepoint Trust | 2.8 | 0 | Hold | |
| 01/23/20 | UOB Kay Hian | Frasers Centrepoint Trust | 2.8 | 3.05 | Buy | |
| 01/24/20 | DBS Vickers | Frasers Centrepoint Trust | 2.86 | 2.95 | Buy | |
| 01/29/20 | Phillip | Frasers Centrepoint Trust | 2.86 | 3.11 | Accumulate | DDM |
| 02/03/20 | OCBC | Frasers Centrepoint Trust | 2.88 | 2.93 | Hold | |
| 02/04/20 | DBS Vickers | Frasers Centrepoint Trust | 2.84 | 2.95 | Buy | |
| 03/09/20 | DBS Vickers | Frasers Centrepoint Trust | 2.97 | 3.35 | Buy | |
| 03/13/20 | Phillip | Frasers Centrepoint Trust | 2.73 | 3.11 | Accumulate | |
| 03/16/20 | OCBC | Frasers Centrepoint Trust | 2.56 | 3.07 | Buy | |
| 03/31/20 | CIMB | Frasers Centrepoint Trust | 2.18 | 3.1 | Add | |
| 04/02/20 | DBS Vickers | Frasers Centrepoint Trust | 2.1 | 2.05 | Hold | |
| 04/14/20 | OCBC | Frasers Centrepoint Trust | 1.93 | 2.23 | Buy | |
| 04/23/20 | DMG & Partners | Frasers Centrepoint Trust | 2.1 | 2.55 | Neutral | |
| 04/24/20 | UOB Kay Hian | Frasers Centrepoint Trust | 2.06 | 2 | Hold | Buy @ $1.82 |
| 04/27/20 | Phillip | Frasers Centrepoint Trust | 1.98 | 2.24 | Accumulate | |
| 04/27/20 | DMG & Partners | Frasers Centrepoint Trust | 1.98 | 2.07 | Neutral | DDM |
| 04/27/20 | Kim Eng | Frasers Centrepoint Trust | 1.98 | 2.3 | Buy | DDM |
| 05/11/20 | Amfrasers | Frasers Centrepoint Trust | 2.08 | 2.39 | outperform | |
| 05/11/20 | OCBC | Frasers Centrepoint Trust | 2.08 | 2.22 | Hold | |
| 05/11/20 | Citi Research | Frasers Centrepoint Trust | 2.08 | 2.23 | Hold | |
| 05/27/20 | UOB Kay Hian | Frasers Centrepoint Trust | 2.25 | 2.85 | Buy | |
| 06/01/20 | DBS Vickers | Frasers Centrepoint Trust | 2.43 | 2.65 | Buy | PB1.2x |
| 06/08/20 | UOB Kay Hian | Frasers Centrepoint Trust | 2.58 | 2.85 | Buy | |
| 06/23/20 | DMG & Partners | Frasers Centrepoint Trust | 2.39 | 2.07 | Neutral | |
| 07/01/20 | CIMB | Frasers Centrepoint Trust | 2.31 | 2.49 | Add | DDM |
| 07/02/20 | DBS Vickers | Frasers Centrepoint Trust | 2.32 | 2.95 | Buy | Sum of parts, PB1.45x |
| 07/02/20 | UOB Kay Hian | Frasers Centrepoint Trust | 2.32 | 2.85 | Buy | |
| 07/03/20 | DBS Vickers | Frasers Centrepoint Trust | 2.34 | 2.95 | Buy | PB1.45x FY21 |
| 07/03/20 | Citi Research | Frasers Centrepoint Trust | 2.34 | 2.29 | Hold | |
| 07/27/20 | Phillip | Frasers Centrepoint Trust | 2.39 | 2.69 | Accumulate | DDM |
| 07/27/20 | UOB Kay Hian | Frasers Centrepoint Trust | 2.39 | 2.9 | Buy | DDM |
| 07/27/20 | DMG & Partners | Frasers Centrepoint Trust | 2.39 | 2.16 | Neutral | DDM |
| 07/27/20 | CIMB | Frasers Centrepoint Trust | 2.39 | 2.78 | Add | |
| 07/27/20 | Kim Eng | Frasers Centrepoint Trust | 2.39 | 2.45 | Hold | |
| 08/04/20 | OCBC | Frasers Centrepoint Trust | 2.36 | 2.44 | Hold | |
| 08/07/20 | DBS Vickers | Frasers Centrepoint Trust | 2.39 | 2.95 | Buy | PB1.45x FY21 |
| 08/21/20 | CIMB | Frasers Centrepoint Trust | 2.37 | 2.78 | Add | DDM |
| 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 | |
| 09/04/20 | CIMB | Frasers Centrepoint Trust | 2.54 | 2.83 | Add | DDM |
| 09/04/20 | Lim & Tan | Frasers Centrepoint Trust | 2.54 | 0 | Hold | |
| 09/07/20 | Phillip | Frasers Centrepoint Trust | 2.64 | 2.79 | Accumulate | DDM |
| 09/07/20 | UOB Kay Hian | Frasers Centrepoint Trust | 2.64 | 3.1 | Buy | DDM |
| 09/07/20 | Kim Eng | Frasers Centrepoint Trust | 2.64 | 2.54 | Hold | |
| 09/14/20 | Phillip | Frasers Centrepoint Trust | 2.67 | 2.61 | Accumulate | |
| 09/14/20 | Kim Eng | Frasers Centrepoint Trust | 2.67 | 2.78 | Buy | |
| 09/30/20 | CIMB | Frasers Centrepoint Trust | 2.37 | 2.83 | Add | DDM |
| 10/05/20 | Phillip | Frasers Centrepoint Trust | 2.41 | 2.79 | Accumulate | |
| 11/03/20 | DBS Vickers | Frasers Centrepoint Trust | 2.08 | 2.94 | Buy | |
| 11/03/20 | Lim & Tan | Frasers Centrepoint Trust | 2.08 | 0 | Hold | |
| 11/04/20 | UOB Kay Hian | Frasers Centrepoint Trust | 2.11 | 3.15 | Buy | DDM |
| 11/04/20 | DBS Vickers | Frasers Centrepoint Trust | 2.11 | 3 | Buy | |
| 11/04/20 | CIMB | Frasers Centrepoint Trust | 2.11 | 2.89 | Add | |
| 11/04/20 | Kim Eng | Frasers Centrepoint Trust | 2.11 | 2.9 | Buy | |
| 11/09/20 | Phillip | Frasers Centrepoint Trust | 2.26 | 2.79 | Buy | DDM |
| 11/12/20 | OCBC | Frasers Centrepoint Trust | 2.33 | 2.75 | Buy | |
| 12/03/20 | Lim & Tan | Frasers Centrepoint Trust | 2.32 | 0 | Accumulate | |
| 12/09/20 | UOB Kay Hian | Frasers Centrepoint Trust | 2.42 | 3.15 | Buy | |
| 12/18/20 | DMG & Partners | Frasers Centrepoint Trust | 2.5 | 2.4 | Neutral | |
| 01/05/21 | Phillip | Frasers Centrepoint Trust | 2.48 | 2.79 | Buy |
Stock calls for 7 January 2021
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/07/21 | DBS Vickers | ARA Hospitality | 0.485 | 0.69 | Buy | DCF |
| 01/07/21 | CIMB | GKE | 0.138 | 0.18 | Add | Sum of parts |
| 01/07/21 | Lim & Tan | Ifast Corp | 3.31 | 0 | Hold | |
| 01/07/21 | CIMB | ISDN | 0.43 | 0.72 | Add | |
| 01/07/21 | CIMB | SPH | 1.13 | 1.1 | Hold | |
| 01/07/21 | UOB Kay Hian | Sunpower | 0.775 | 1.1 | Buy | |
| 01/07/21 | DMG & Partners | Wilmar | 4.95 | 6 | Buy |
The Washington riot is not a precursor to a civil war in the US. - Part 2
https://sg.news.yahoo.com/congress-certify-biden-win-democrats-152255261.html
This is not a surprise to us because we've been expecting Trump to up his ante as stated below.
http://sg-stock.blogspot.com/2020/12/the-washington-riot-is-not-precursor-to.html
We just need to sit back and watch how Biden will handle this. Will Biden reach an agreement with Trump or let Trump continue his petulant actions until the handover so that Biden can teach him a lesson later. Let's see.
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