Silverlake - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/15/23	DBS Vickers	Silverlake	0.37	0.48	Buy	PER18x
02/15/23	CIMB	Silverlake	0.37	0.44	Add
02/16/23	Phillip	Silverlake	0.355	0.49	Buy	PER20x FY23
04/21/23	Phillip	Silverlake	0.33	0.49	Buy	PER20x FY23
05/16/23	DBS Vickers	Silverlake	0.335	0.42	Buy	PER17x FY23/24
05/16/23	CIMB	Silverlake	0.335	0.41	Add
05/17/23	Phillip	Silverlake	0.33	0.49	Buy	PER21x FY23
08/28/23	DBS Vickers	Silverlake	0.26	0.35	Buy	PER15x FY24
08/28/23	CIMB	Silverlake	0.26	0.37	Add
08/29/23	Phillip	Silverlake	0.265	0.38	Buy	PER20x FY23
11/16/23	DBS Vickers	Silverlake	0.285	0.35	Buy	PER15x FY24
11/20/23	Phillip	Silverlake	0.28	0.38	Buy	PER20x FY24
02/16/24	DBS Vickers	Silverlake	0.245	0.35	Buy	PER15x FY24
02/16/24	CIMB	Silverlake	0.245	0.36	Add
02/19/24	Phillip	Silverlake	0.245	0.36	Buy	PER19x FY24

Stock calls for 1 April 2024

Date	Analyst	Company	Last	Target	Call	Valuation
04/01/24	Phillip	Capitaland Investment	2.68	3.38	Buy
04/01/24	Phillip	China Aviation Oil	0.91	1.05	Buy
04/01/24	DBS Vickers	Comfortdelgro	1.4	1.8	Buy	Sum of parts
04/01/24	DBS Vickers	Cromwell EUR	1.38	1.91	Buy	DDM
04/01/24	UOB Kay Hian	CSE Global	0.43	0.56	Buy	PER15x FY24
04/01/24	phillip	DBS	36.03	38.9	Buy
04/01/24	DBS Vickers	Keppel Corp	7.34	9	Buy	Sum of parts
04/01/24	DBS Vickers	Keppel Infrastructure	0.495	0.57	Buy	DDM
04/01/24	DMG & Partners	Suntec Reit	1.08	1.35	Buy	DDM
04/01/24	phillip	Valuetronics	0.575	0.7	Buy

Baltic dry index - 1821

Related stock: Seatrium, Cosco & Pan Ocean.

US rig count (weekly) - 621

Related stock: Seatrium & Cosco.

The monthly US core PCE was still relatively high.

The monthly US core PCE was at 0.3% in February 2024 which was still relatively high.  Thus, the US Fed was right not to cut its rate in March 2024.

US GDP Q4 2023 Update. - Part 2

https://sg-stock.blogspot.com/2024/02/us-gdp-q4-2023-update.html

The US Q4 2023 had been revised from 3.2% to 3.4%.

Let's take a look at what had changed.

1st previous Q4 2023:

Q4GDP Growth (3.3) = 0.56 (G)+0.38 (I)+1.91 (C)+0.43 (NE) = 3.28(3.3)

2nd previous Q4 2023:

Q4GDP Growth (3.2) = 0.73 (G)+0.17 (I)+2 (C)+0.32 (NE) = 3.22(3.2)

Current Q4 2023:

Q4GDP Growth (3.4) = 0.79 (G)+0.15 (I)+2.2 (C)+0.25 (NE) = 3.39(3.4)

We can see that the latest Q4 2023 GDP has the following changes:

1. Government spending had increased.

2. Investment had decreased.

3. Consumption had increased.

4. Net export had decreased.

SIIC - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/20/23	Lim & Tan	SIIC	0.192	0.36	Buy	DDM