Pan-United - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/05/23	phillip	PanUnited	0.4	0.5	Buy	DCF
08/14/23	phillip	PanUnited	0.395	0.5	Buy	DCF
08/14/23	CIMB	PanUnited	0.395	0.55	Add	EV/Ebitda
01/12/24	Lim & Tan	PanUnited	0.385	0.55	Accumulate
01/17/24	CIMB	PanUnited	0.38	0.55	Add
02/08/24	Lim & Tan	PanUnited	0.38	0.53	Accumulate
02/09/24	CIMB	PanUnited	0.4	0.64	Add	EV/Ebitda
02/13/24	phillip	PanUnited	0.41	0.55	Buy	DCF
04/09/24	Lim & Tan	PanUnited	0.445	0.6	Accumulate

OUE Ltd - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/21/24	Lim & Tan	OUE Ltd	1.05	1.25	Accept Offer

Stock calls for 5 June 2024

Date	Analyst	Company	Last	Target	Call	Valuation
06/05/24	DBS Vickers	City Developments	5.63	10.5	Buy	RNAV (35% disc)
06/05/24	DBS Vickers	Hongkong Land	3.43	4.05	Buy	RNAV (63% disc)
06/05/24	DMG & Partners	Raffles Medical	1.02	1.06	Neutral	Sum of parts
06/05/24	DBS Vickers	Seatrium	1.78	3	Buy
06/05/24	Lim & Tan	SIA	6.8	6.88	Accumulate

Is the US sauntering towards a stagflation?

In just 1 year, the US job openings had trended down from around 10m to 8m and the US hirings had remained relatively stable.

All the recent economic statistics are showing that the US economy is slowing down (GDP growth 1.3%, PMI 48.7, job openings 8m, etc) while US inflation is still relatively high and above the US targeted rate (2%).  If such phenomenon continues, the US will be sauntering towards a stagflation.

Tiananmen massacre in 1989 was a farce!

The western media had fabricated a successful smearing campaign against China using the Tiananmen riots and rebranded the incident as a massacre.

What's the truth behind the Tiananmen riots?

Let's hear it from an Indian diplomat (Vijay) who was stationed in China in 1989.  He also wrote a book on "Tiananmen massacre" to reveal the truth.

In the video, he stated very clearly that there was no Tiananmen massacre in 1989 which was in a stark contrast against the western media.

I just wanna laugh when there are people doing vigils annually for a farce event (Tiananmen massacre).

OUE Commercial - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/05/23	DBS Vickers	OUE Commercial	0.33	0.35	Hold
07/27/23	DBS Vickers	OUE Commercial	0.305	0.35	Hold
08/02/23	CIMB	OUE Commercial	0.295	0.36	Hold	DDM
10/31/23	DBS Vickers	OUE Commercial	0.225	0.35	Buy	DCF
10/31/23	Lim & Tan	OUE Commercial	0.225	0.35	Accumulate
01/24/24	DBS Vickers	OUE Commercial	0.27	0.35	Buy
04/25/24	DBS Vickers	OUE Commercial	0.27	0.35	Buy
04/26/24	CIMB	OUE Commercial	0.275	0.3	Hold	DDM
05/31/24	Amfrasers	OUE Commercial	0.27	0.31	outperform	DDM