Memtech - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/22/16	OCBC	Memtech	0.615	0.72	Hold	Stock consol 5-into-1
02/29/16	CIMB	Memtech	0.595	0.94	Add	PER9x CY17
02/29/16	OCBC	Memtech	0.595	0.725	Hold	PER9.1x
03/07/16	OCBC	Memtech	0.65	0.725	Hold
03/17/16	CIMB	Memtech	0.63	0.94	Add
04/01/16	OCBC	Memtech	0.7	0.725	Hold
04/29/16	Amfrasers	Memtech	0.73	0.69	Hold
05/03/16	OCBC	Memtech	0.69	0.68	Hold	PER11.1x
05/04/16	CIMB	Memtech	0.69	0.86	Add	PER9x CY17
06/01/16	OCBC	Memtech	0.665	0.68	Hold
06/20/16	CIMB	Memtech	0.66	0.86	Add	PER9x CY17
08/10/16	OCBC	Memtech	0.63	0.5	Hold
08/15/16	Amfrasers	Memtech	0.57	0.52	Hold	PER8x FY16/17
08/15/16	CIMB	Memtech	0.57	0.64	Add	PER8x FY17
08/17/16	OCBC	Memtech	0.58	0.48	Hold	PER11.1x FY16/17
09/13/16	OCBC	Memtech	0.6	0.48	Hold
11/14/16	Amfrasers	Memtech	0.595	0.67	Buy	PER8x FY17
11/14/16	CIMB	Memtech	0.595	0.74	Add	PER8x CY18
11/14/16	OCBC	Memtech	0.595	0.76	Buy	PER11.1x FY17
12/06/16	CIMB	Memtech	0.63	0.74	Add	PER8x CY18
01/10/17	OCBC	Memtech	0.635	0.76	Buy
02/27/17	CIMB	Memtech	0.65	0.76	Add	PER8x FY18
02/27/17	OCBC	Memtech	0.65	0.77	Hold	PER11.1x FY17, Buy @ $0.60 or lower
04/25/17	Lim & Tan	Memtech	0.79	1	Buy	PER10.6x, PB0.9x
04/25/17	UOB Kay Hian	Memtech	0.79	1.05	Buy
04/28/17	CIMB	Memtech	0.875	1.09	Add	PER10x FY18
05/02/17	OCBC	Memtech	0.855	0.85	Hold
05/19/17	CIMB	Memtech	0.785	1.09	Add	PER10x FY18
05/29/17	Lim & Tan	Memtech	0.92	1.1	Buy	PER11x, PB1x
05/30/17	UOB Kay Hian	Memtech	0.97	1.15	Buy	PER12.5x FY17
07/03/17	UOB Kay Hian	Memtech	0.895	1.15	Buy	PER12.5x FY17
07/05/17	CIMB	Memtech	0.905	1.09	Add
07/06/17	OCBC	Memtech	0.91	0.85	Hold
07/28/17	Lim & Tan	Memtech	1.005	0	Buy
08/04/17	CIMB	Memtech	1.035	1.16	Add	PER10.4x FY18
08/08/17	UOB Kay Hian	Memtech	1.02	1.15	Buy	PER12.5x FY17
08/11/17	UOB Kay Hian	Memtech	1.04	1.18	Buy	PER10.3x FY18
08/11/17	Lim & Tan	Memtech	1.04	1.13	Buy	PB1x
09/05/17	UOB Kay Hian	Memtech	0.945	1.18	Buy	PER10.3x FY18
10/04/17	UOB Kay Hian	Memtech	1.01	1.18	Buy	PER10.3x FY18
10/11/17	UOB Kay Hian	Memtech	1.045	1.33	Buy	PER11.6x FY18
10/11/17	Lim & Tan	Memtech	1.045	1.3	Buy	PER13.7x
11/02/17	UOB Kay Hian	Memtech	1.175	1.33	Buy
11/13/17	CIMB	Memtech	1.14	1.33	Add	PER10x FY19
12/20/17	CIMB	Memtech	1.09	1.33	Add
01/10/18	CIMB	Memtech	1.15	1.33	Add
01/24/18	CLSA	Memtech	1.28	2	Buy	PEG0.45x, PER15x CY18

Mapletree Logistics - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/05/16	UOB Kay Hian	Mapletree Logistics	0.99	1.28	Buy
01/08/16	DBS Vickers	Mapletree Logistics	0.985	1.15	Buy	DCF
01/26/16	Deutsche	Mapletree Logistics	0.91	1.1	Buy
01/26/16	DIR	Mapletree Logistics	0.91	1.04	Outperform	DDM
01/26/16	OCBC	Mapletree Logistics	0.91	1.04	Buy	DDM
01/27/16	DMG & Partners	Mapletree Logistics	0.93	0.89	Neutral	DDM, PB0.87x
02/25/16	Deutsche	Mapletree Logistics	0.97	1.1	Buy
03/17/16	DMG & Partners	Mapletree Logistics	0.98	0.89	Neutral
03/24/16	Deutsche	Mapletree Logistics	1.01	1.1	Buy
03/28/16	UOB Kay Hian	Mapletree Logistics	1.005	1.28	Buy
04/05/16	Deutsche	Mapletree Logistics	1.005	1.1	Buy
04/13/16	Kim Eng	Mapletree Logistics	1.005	1.06	Not Rated
04/15/16	DBS Vickers	Mapletree Logistics	1.01	1.15	Buy
04/27/16	UOB Kay Hian	Mapletree Logistics	1.085	1.28	Buy
05/03/16	CIMB	Mapletree Logistics	1.08	1.02	Hold	DDM
05/03/16	Credit Suisse	Mapletree Logistics	1.08	1.08	Neutral
05/03/16	DBS Vickers	Mapletree Logistics	1.08	1.1	Hold
05/03/16	OCBC	Mapletree Logistics	1.08	1.02	Hold
05/04/16	DIR	Mapletree Logistics	1.05	1.02	Hold	DDM
05/17/16	Deutsche	Mapletree Logistics	0.98	1.05	Buy
05/17/16	DMG & Partners	Mapletree Logistics	0.98	0.89	Neutral
06/29/16	Lim & Tan	Mapletree Logistics	1	0	Hold
06/29/16	OCBC	Mapletree Logistics	1	1.02	Hold
06/29/16	UOB Kay Hian	Mapletree Logistics	1	1.28	Buy
06/30/16	DIR	Mapletree Logistics	1	1	Hold	DDM
07/04/16	DMG & Partners	Mapletree Logistics	1	0.89	Neutral
07/18/16	UOB Kay Hian	Mapletree Logistics	1.05	1.32	Buy
07/19/16	Credit Suisse	Mapletree Logistics	1.045	1.12	Neutral
07/26/16	Deutsche	Mapletree Logistics	1.06	1.05	Buy
07/26/16	DIR	Mapletree Logistics	1.06	1.04	Hold	DDM
07/26/16	Lim & Tan	Mapletree Logistics	1.06	0	Hold
07/26/16	OCBC	Mapletree Logistics	1.06	1.04	Hold
07/27/16	CIMB	Mapletree Logistics	1.065	1.04	Hold	DDM
07/27/16	DBS Vickers	Mapletree Logistics	1.065	1.15	Buy
07/27/16	UOB Kay Hian	Mapletree Logistics	1.065	1.28	Buy	DDM
08/16/16	DBS Vickers	Mapletree Logistics	1.06	1.15	Buy
08/16/16	Deutsche	Mapletree Logistics	1.06	1.15	Buy
08/31/16	Credit Suisse	Mapletree Logistics	1.075	1.12	Neutral
09/26/16	DMG & Partners	Mapletree Logistics	1.08	0.89	Neutral
09/26/16	Lim & Tan	Mapletree Logistics	1.08	0	Hold
09/29/16	UOB Kay Hian	Mapletree Logistics	1.08	1.28	Buy	DDM
10/14/16	DIR	Mapletree Logistics	1.045	1.04	Hold
10/25/16	Lim & Tan	Mapletree Logistics	1.055	0	Hold
10/25/16	OCBC	Mapletree Logistics	1.055	1.05	Hold
10/26/16	CIMB	Mapletree Logistics	1.055	1.03	Hold	DDM
10/26/16	Credit Suisse	Mapletree Logistics	1.055	1.12	Neutral
10/26/16	DBS Vickers	Mapletree Logistics	1.055	1.15	Buy
10/26/16	UOB Kay Hian	Mapletree Logistics	1.055	1.21	Buy
11/16/16	Deutsche	Mapletree Logistics	0.975	1.15	Buy
12/05/16	DMG & Partners	Mapletree Logistics	1.015	0.89	Neutral
12/07/16	Deutsche	Mapletree Logistics	1.015	1.15	Buy
12/09/16	UOB Kay Hian	Mapletree Logistics	1.025	1.2	Buy
12/16/16	CIMB	Mapletree Logistics	0.995	1.02	Hold	DDM
12/19/16	Lim & Tan	Mapletree Logistics	1	0	Hold
01/09/17	DBS Vickers	Mapletree Logistics	1.04	1.15	Buy
01/24/17	DIR	Mapletree Logistics	1.06	1.04	Hold	DDM
01/24/17	UOB Kay Hian	Mapletree Logistics	1.06	1.2	Buy	DDM
01/25/17	CIMB	Mapletree Logistics	1.055	1.02	Hold	DDM
01/25/17	OCBC	Mapletree Logistics	1.055	1.06	Hold
01/31/17	Credit Suisse	Mapletree Logistics	1.055	1.12	Neutral
02/28/17	Deutsche	Mapletree Logistics	1.07	1.15	Buy
03/07/17	UOB Kay Hian	Mapletree Logistics	1.06	1.2	Buy
03/24/17	OCBC	Mapletree Logistics	1.08	1.06	Hold
03/30/17	DBS Vickers	Mapletree Logistics	1.09	1.28	Buy
03/30/17	DIR	Mapletree Logistics	1.09	1.09	Hold	DDM
04/11/17	UOB Kay Hian	Mapletree Logistics	1.11	1.2	Buy
04/18/17	DIR	Mapletree Logistics	1.105	1.09	Hold
04/18/17	Kim Eng	Mapletree Logistics	1.105	1.2	Hold	DDM
05/02/17	CIMB	Mapletree Logistics	1.13	1.1	Hold	DDM
05/02/17	DBS Vickers	Mapletree Logistics	1.13	1.28	Buy
05/02/17	DIR	Mapletree Logistics	1.13	1.1	Hold	DDM
05/02/17	Kim Eng	Mapletree Logistics	1.13	1.2	Buy	DDM
05/02/17	OCBC	Mapletree Logistics	1.13	1.14	Hold	DDM
05/25/17	Deutsche	Mapletree Logistics	1.155	1.2	Buy
05/25/17	UOB Kay Hian	Mapletree Logistics	1.155	1.29	Buy
06/12/17	DBS Vickers	Mapletree Logistics	1.2	1.28	Buy
06/22/17	Deutsche	Mapletree Logistics	1.18	1.2	Buy
06/22/17	Kim Eng	Mapletree Logistics	1.18	1.2	Hold
07/03/17	Kim Eng	Mapletree Logistics	1.2	1.2	Hold
07/05/17	Lim & Tan	Mapletree Logistics	1.195	0	Hold
07/11/17	DIR	Mapletree Logistics	1.19	1.07	Underperform	DDM
07/11/17	OCBC	Mapletree Logistics	1.19	1.15	Hold	DDM
07/25/17	UOB Kay Hian	Mapletree Logistics	1.22	1.29	Buy	DDM
07/25/17	Credit Suisse	Mapletree Logistics	1.22	1.15	Neutral
07/26/17	CIMB	Mapletree Logistics	1.235	1.12	Hold	DDM
07/26/17	DBS Vickers	Mapletree Logistics	1.235	1.28	Buy	DCF
08/14/17	OCBC	Mapletree Logistics	1.19	1.15	Hold
08/15/17	DBS Vickers	Mapletree Logistics	1.19	1.28	Buy
08/30/17	Kim Eng	Mapletree Logistics	1.21	1.19	Hold	DDM
08/30/17	CIMB	Mapletree Logistics	1.21	1.13	Hold	DDM
08/30/17	Lim & Tan	Mapletree Logistics	1.21	0	Hold
08/31/17	OCBC	Mapletree Logistics	1.23	1.35	Buy
09/22/17	OCBC	Mapletree Logistics	1.2	1.35	Buy
09/27/17	DIR	Mapletree Logistics	1.205	1.1	Underperform
10/05/17	OCBC	Mapletree Logistics	1.24	1.35	Buy
10/20/17	DBS Vickers	Mapletree Logistics	1.225	1.38	Buy
10/23/17	UOB Kay Hian	Mapletree Logistics	1.24	1.29	Buy
10/24/17	Lim & Tan	Mapletree Logistics	1.275	0	Hold
10/25/17	Credit Suisse	Mapletree Logistics	1.255	1.18	Neutral
10/25/17	Kim Eng	Mapletree Logistics	1.255	1.25	Hold	DDM
10/25/17	CIMB	Mapletree Logistics	1.255	1.21	Hold	DDM
11/30/17	OCBC	Mapletree Logistics	1.26	1.35	Buy
12/01/17	UOB Kay Hian	Mapletree Logistics	1.27	1.37	Buy
12/06/17	Lim & Tan	Mapletree Logistics	1.28	0	Hold
12/18/17	DBS Vickers	Mapletree Logistics	1.32	1.38	Buy
01/09/18	DBS Vickers	Mapletree Logistics	1.36	1.38	Buy
01/10/18	Lim & Tan	Mapletree Logistics	1.35	0	Hold
01/23/18	UOB Kay Hian	Mapletree Logistics	1.35	1.41	Hold	DDM
01/23/18	OCBC	Mapletree Logistics	1.35	1.35	Buy
01/24/18	CIMB	Mapletree Logistics	1.38	1.43	Add	DDM
01/24/18	Credit Suisse	Mapletree Logistics	1.38	1.18	Neutral
01/24/18	OCBC	Mapletree Logistics	1.38	1.48	Buy
01/24/18	DBS Vickers	Mapletree Logistics	1.38	1.45	Buy

Stock calls for 30 January 2018

Date	Analyst	Company	Last	Target	Call	Valuation
01/30/18	DBS Vickers	Ascendas Hospitality Trust	0.875	0.91	Buy
01/30/18	DBS Vickers	Ascendas India Trust	1.13	1.25	Buy
01/30/18	UOB Kay Hian	SIA Engineering	3.26	4	Buy	DCF, PER24.9x FY18
01/30/18	OCBC	Starhill	0.78	0.77	Hold
01/30/18	Lim & Tan	Starhill	0.78	0	Hold

Apple is in trouble now! - Part 2

https://sg.news.yahoo.com/slow-response-forces-apple-halve-iphone-x-production-050404632.html

Apple is cutting its Iphone X production more than analysts predicted.

Apple has faced up to the reality now.  We did warn about it previously because of its high price & bad reviews.

https://sg-stock.blogspot.sg/2017/12/apple-is-in-trouble-now.html

OMG! Noble group investors will lose 90% of equity after the debt restructuring deal.

https://finance.yahoo.com/news/noble-group-shares-tumble-debt-013601667.html

Existing shareholders took a heavy hit on the debt restructuring, causing them to suffer 90% share dilution.

Initially, Noble group denied the conclusion of the debt restructuring deal but it admitted lately that in-principle approval was received for the conclusion.

https://www.reuters.com/article/us-noble-debt-restructuring/creditors-to-take-70-percent-of-noble-group-in-3-5-billion-debt-restructuring-idUSKBN1FI256

What is an artificial deadline?

https://sg.yahoo.com/news/picking-next-pm-not-constrained-artificial-deadline-ong-ye-kung-024640353.html

What is the definition of an artificial deadline? I thought all deadlines were synthetic as they're all set by humans.  Is there a natural or spontaneous deadline?

Is this the new way to circumvent a deadline that you cannot meet?  When you cannot meet a deadline, you can just tell your boss that we must not be constrained by the artificial deadline.

Our government has redefined many things recently.

Mapletree Industrial - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/05/16	UOB Kay Hian	Mapletree Industrial	1.53	1.61	Hold
01/08/16	DBS Vickers	Mapletree Industrial	1.52	1.62	Buy
01/26/16	Deutsche	Mapletree Industrial	1.51	1.5	Hold
01/27/16	DIR	Mapletree Industrial	1.495	1.63	Outperform	DDM
01/27/16	Kim Eng	Mapletree Industrial	1.495	1.5	Hold
01/27/16	OCBC	Mapletree Industrial	1.495	1.48	Hold	DDM
01/28/16	CIMB	Mapletree Industrial	1.52	1.62	Hold	DDM
02/16/16	JP Morgan	Mapletree Industrial	1.545	1.7	Overweight	Cut from $1.75
02/16/16	Kim Eng	Mapletree Industrial	1.545	1.71	Buy	Yield 7%
02/25/16	Deutsche	Mapletree Industrial	1.55	1.6	Hold
03/24/16	Credit Suisse	Mapletree Industrial	1.59	1.72	Outperform
03/24/16	Deutsche	Mapletree Industrial	1.59	1.6	Hold
03/28/16	Kim Eng	Mapletree Industrial	1.6	1.71	Buy
03/30/16	UOB Kay Hian	Mapletree Industrial	1.6	1.61	Hold
04/05/16	Deutsche	Mapletree Industrial	1.6	1.6	Hold
04/11/16	Phillip	Mapletree Industrial	1.61	1.7	Accumulate	DDM
04/13/16	Kim Eng	Mapletree Industrial	1.595	1.71	Buy	Yield 7%
04/26/16	CIMB	Mapletree Industrial	1.64	1.67	Hold	DDM
04/26/16	DBS Vickers	Mapletree Industrial	1.64	1.64	Hold
04/26/16	DIR	Mapletree Industrial	1.64	1.68	Hold	DDM
04/27/16	Credit Suisse	Mapletree Industrial	1.64	1.71	Outperform
04/27/16	OCBC	Mapletree Industrial	1.64	1.64	Hold
04/27/16	Phillip	Mapletree Industrial	1.64	1.72	Accumulate	DDM
04/27/16	UOB Kay Hian	Mapletree Industrial	1.64	1.61	Hold
05/17/16	Deutsche	Mapletree Industrial	1.6	1.6	Hold
05/17/16	Kim Eng	Mapletree Industrial	1.6	1.78	Buy
06/27/16	UOB Kay Hian	Mapletree Industrial	1.63	1.61	Hold
07/01/16	UBS	Mapletree Industrial	1.72	1.5	Sell
07/08/16	Phillip	Mapletree Industrial	1.79	1.72	Neutral	DDM
07/12/16	DBS Vickers	Mapletree Industrial	1.79	1.81	Hold
07/18/16	UOB Kay Hian	Mapletree Industrial	1.725	1.7	Sell	DDM
07/19/16	Credit Suisse	Mapletree Industrial	1.75	1.82	Outperform
07/26/16	Deutsche	Mapletree Industrial	1.7	1.6	Hold
07/26/16	JP Morgan	Mapletree Industrial	1.7	1.8	Overweight
07/27/16	CIMB	Mapletree Industrial	1.755	1.9	Add	DDM
07/27/16	DBS Vickers	Mapletree Industrial	1.755	1.9	Buy	Up from $1.81
07/27/16	DIR	Mapletree Industrial	1.755	1.7	Hold	DDM
07/27/16	OCBC	Mapletree Industrial	1.755	1.67	Hold
07/28/16	Kim Eng	Mapletree Industrial	1.775	1.9	Buy
08/01/16	UOB Kay Hian	Mapletree Industrial	1.81	1.7	Sell
08/16/16	CIMB	Mapletree Industrial	1.76	1.9	Add
08/16/16	DBS Vickers	Mapletree Industrial	1.76	1.9	Buy
08/16/16	Deutsche	Mapletree Industrial	1.76	1.7	Hold
09/07/16	CIMB	Mapletree Industrial	1.76	1.9	Add
09/07/16	Credit Suisse	Mapletree Industrial	1.76	1.82	Outperform
10/14/16	DIR	Mapletree Industrial	1.715	1.7	Hold
10/14/16	Phillip	Mapletree Industrial	1.715	1.72	Neutral
10/25/16	OCBC	Mapletree Industrial	1.715	1.67	Hold	DDM
10/25/16	Phillip	Mapletree Industrial	1.715	1.74	Neutral	DDM
10/26/16	CIMB	Mapletree Industrial	1.74	1.9	Add	DDM
10/26/16	UOB Kay Hian	Mapletree Industrial	1.74	1.61	Sell
10/27/16	DBS Vickers	Mapletree Industrial	1.74	1.9	Buy
11/04/16	CIMB	Mapletree Industrial	1.705	1.9	Add
11/11/16	Phillip	Mapletree Industrial	1.69	1.74	Neutral
11/16/16	Deutsche	Mapletree Industrial	1.59	1.7	Hold
11/16/16	JP Morgan	Mapletree Industrial	1.59	1.75	Overweight
11/24/16	CIMB	Mapletree Industrial	1.565	1.68	Add	PB1.15x
11/24/16	OCBC	Mapletree Industrial	1.565	1.67	Buy
11/29/16	Phillip	Mapletree Industrial	1.59	1.74	Accumulate	DDM
12/06/16	CIMB	Mapletree Industrial	1.615	1.68	Add
12/06/16	Kim Eng	Mapletree Industrial	1.615	1.9	Buy
12/07/16	Deutsche	Mapletree Industrial	1.64	1.7	Hold
12/09/16	UOB Kay Hian	Mapletree Industrial	1.66	1.6	Hold
01/09/17	DBS Vickers	Mapletree Industrial	1.665	1.9	Buy
01/25/17	Deutsche	Mapletree Industrial	1.645	1.65	Hold
01/25/17	OCBC	Mapletree Industrial	1.645	1.79	Buy
01/25/17	UOB Kay Hian	Mapletree Industrial	1.645	1.6	Hold	DDM
01/26/17	CIMB	Mapletree Industrial	1.65	1.68	Add	DDM
01/26/17	Phillip	Mapletree Industrial	1.65	1.74	Accumulate	DDM
01/31/17	Credit Suisse	Mapletree Industrial	1.665	1.82	Outperform
02/14/17	CIMB	Mapletree Industrial	1.665	1.68	Add
02/17/17	JP Morgan	Mapletree Industrial	1.675	1.75	Overweight
02/20/17	Phillip	Mapletree Industrial	1.66	1.74	Accumulate
02/28/17	Deutsche	Mapletree Industrial	1.66	1.65	Hold
03/06/17	CIMB	Mapletree Industrial	1.67	1.68	Add	DDM
03/06/17	DBS Vickers	Mapletree Industrial	1.67	1.9	Buy
03/07/17	DIR	Mapletree Industrial	1.685	1.7	Hold	DDM
03/07/17	UOB Kay Hian	Mapletree Industrial	1.685	1.6	Hold
03/29/17	OCBC	Mapletree Industrial	1.76	1.88	Buy
03/30/17	DBS Vickers	Mapletree Industrial	176	1.94	Buy
04/11/17	UOB Kay Hian	Mapletree Industrial	1.77	1.6	Hold
04/18/17	DIR	Mapletree Industrial	1.785	1.7	Hold
04/18/17	Kim Eng	Mapletree Industrial	1.785	2	Buy	DDM
04/25/17	DBS Vickers	Mapletree Industrial	1.795	1.94	Buy	DCF
04/25/17	DIR	Mapletree Industrial	1.795	1.71	Hold	DDM
04/25/17	OCBC	Mapletree Industrial	1.795	1.93	Buy
04/26/17	CIMB	Mapletree Industrial	1.82	1.8	Hold	DDM
04/26/17	Kim Eng	Mapletree Industrial	1.82	2.05	Buy	DDM
04/26/17	Phillip	Mapletree Industrial	1.82	1.8	Neutral	DDM
04/26/17	UOB Kay Hian	Mapletree Industrial	1.82	1.69	Hold	DDM
05/08/17	Deutsche	Mapletree Industrial	1.81	1.7	Hold
05/08/17	Phillip	Mapletree Industrial	1.81	1.8	Neutral
05/25/17	UOB Kay Hian	Mapletree Industrial	1.815	1.78	Hold
06/09/17	Lim & Tan	Mapletree Industrial	1.84	0	Hold
06/12/17	DBS Vickers	Mapletree Industrial	1.825	1.94	Buy
06/20/17	OCBC	Mapletree Industrial	1.8	1.93	Buy
06/22/17	Deutsche	Mapletree Industrial	1.815	1.7	Hold
06/22/17	Kim Eng	Mapletree Industrial	1.815	2.05	Buy
07/03/17	Kim Eng	Mapletree Industrial	1.86	2.05	Buy	DDM
07/26/17	DIR	Mapletree Industrial	1.88	1.71	Hold	DDM
07/26/17	UOB Kay Hian	Mapletree Industrial	1.88	1.78	Hold	DDM
07/26/17	OCBC	Mapletree Industrial	1.88	1.92	Hold
07/26/17	DBS Vickers	Mapletree Industrial	1.88	1.94	Buy	DCF
07/26/17	Religare	Mapletree Industrial	1.88	1.9	Buy
07/26/17	Phillip	Mapletree Industrial	1.88	1.98	Accumulate	DDM, PB1.41x FY18
07/27/17	CIMB	Mapletree Industrial	1.905	1.91	Hold	DDM
08/03/17	Kim Eng	Mapletree Industrial	1.84	2.05	Buy
08/22/17	Phillip	Mapletree Industrial	1.855	1.98	Accumulate
09/27/17	DBS Vickers	Mapletree Industrial	1.84	1.94	Buy	DCF
09/28/17	Kim Eng	Mapletree Industrial	1.85	2.05	Buy
10/09/17	Phillip	Mapletree Industrial	1.875	1.98	Accumulate
10/23/17	UOB Kay Hian	Mapletree Industrial	1.9	1.78	Hold
10/25/17	OCBC	Mapletree Industrial	1.96	1.92	Hold
10/25/17	Kim Eng	Mapletree Industrial	1.96	2.05	Buy
10/25/17	UOB Kay Hian	Mapletree Industrial	1.97	1.88	Hold
10/26/17	CIMB	Mapletree Industrial	1.97	1.94	Hold	DDM
10/27/17	Phillip	Mapletree Industrial	1.97	1.99	Neutral	DDM, PB1.37x FY18
11/08/17	DBS Vickers	Mapletree Industrial	1.965	2.15	Buy	DCF
11/28/17	Kim Eng	Mapletree Industrial	1.99	2.1	Buy
12/01/17	UOB Kay Hian	Mapletree Industrial	1.97	1.88	Hold
12/04/17	Phillip	Mapletree Industrial	1.99	2.06	Hold
12/04/17	OCBC	Mapletree Industrial	1.99	2.06	Hold
01/19/18	Kim Eng	Mapletree Industrial	2.11	2.1	Buy
01/24/18	OCBC	Mapletree Industrial	2.07	2.06	Hold
01/24/18	UOB Kay Hian	Mapletree Industrial	2.07	1.88	Hold	DDM
01/24/18	DBS Vickers	Mapletree Industrial	2.07	2.15	Buy
01/25/18	Phillip	Mapletree Industrial	2.12	2.15	Neutral	DDM, PB1.48x FY18
01/25/18	CIMB	Mapletree Industrial	2.12	2.16	Add	DDM

Mapletree Great China - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/08/16	DBS Vickers	Mapletree Greater China	0.875	1.11	Buy	DCF
02/01/16	Lim & Tan	Mapletree Greater China	0.84	0	Hold
02/02/16	CIMB	Mapletree Greater China	0.845	1.1	Add	DDM
02/02/16	OCBC	Mapletree Greater China	0.845	1.03	Buy
03/07/16	CIMB	Mapletree Greater China	0.94	1.1	Add	DDM
04/28/16	CIMB	Mapletree Greater China	0.99	1.12	Add	DDM
04/28/16	OCBC	Mapletree Greater China	0.99	1.09	Buy
04/29/16	DBS Vickers	Mapletree Greater China	1.02	1.15	Buy
05/17/16	CIMB	Mapletree Greater China	0.985	1.12	Add
08/01/16	OCBC	Mapletree Greater China	1.075	1.18	Buy
08/02/16	CIMB	Mapletree Greater China	1.085	1.14	Add	DDM
08/02/16	DBS Vickers	Mapletree Greater China	1.085	1.13	Buy
09/06/16	OCBC	Mapletree Greater China	1.115	1.18	Buy
10/31/16	CIMB	Mapletree Greater China	1.055	1.13	Add	DDM
10/31/16	DBS Vickers	Mapletree Greater China	1.055	1.11	Buy
10/31/16	OCBC	Mapletree Greater China	1.055	1.15	Buy
11/21/16	OCBC	Mapletree Greater China	0.97	1.15	Buy
01/09/17	DBS Vickers	Mapletree Greater China	0.955	1.11	Buy	DCF
01/31/17	CIMB	Mapletree Greater China	0.955	1.13	Add	DDM
01/31/17	OCBC	Mapletree Greater China	0.955	1.08	Buy
03/06/17	OCBC	Mapletree Greater China	0.985	1.08	Buy
03/30/17	DBS Vickers	Mapletree Greater China	1.015	1.11	Buy	DCF
04/03/17	CIMB	Mapletree Greater China	1.02	1.13	Add
04/27/17	OCBC	Mapletree Greater China	1.06	1.08	Buy
04/28/17	CIMB	Mapletree Greater China	1.045	1.14	Add
04/28/17	DBS Vickers	Mapletree Greater China	1.045	1.25	Buy	DCF
04/28/17	OCBC	Mapletree Greater China	1.045	1.13	Buy
06/23/17	CIMB	Mapletree Greater China	1.075	1.14	Add
07/31/17	OCBC	Mapletree Greater China	1.11	1.22	Buy
08/01/17	CIMB	Mapletree Greater China	1.11	1.17	Add	DDM
08/01/17	DBS Vickers	Mapletree Greater China	1.11	1.25	Buy
10/24/17	CIMB	Mapletree Greater China	1.215	1.2	Hold	DDM
10/24/17	OCBC	Mapletree Greater China	1.215	1.28	Buy
10/24/17	DBS Vickers	Mapletree Greater China	1.215	1.3	Buy	DCF
11/30/17	OCBC	Mapletree Greater China	1.16	1.28	Buy
12/14/17	OCBC	Mapletree Greater China	1.19	1.28	Buy
12/18/17	DBS Vickers	Mapletree Greater China	1.19	1.3	Buy
01/29/18	OCBC	Mapletree Greater China	1.27	1.39	Buy
01/29/18	CIMB	Mapletree Greater China	1.27	1.26	Hold	DDM
01/29/18	DBS Vickers	Mapletree Greater China	1.27	1.4	Buy

Stock calls for 29 January 2018

Date	Analyst	Company	Last	Target	Call	Valuation
01/29/18	UOB Kay Hian	ART	1.26	1.23	Hold
01/29/18	OCBC	ART	1.26	1.16	Hold
01/29/18	DBS Vickers	ART	1.26	1.34	Buy
01/29/18	Phillip	CapitaCommercial	1.92	1.8	Neutral	DDM
01/29/18	CIMB	CDL Hospitality	1.82	1.92	Add	DDM
01/29/18	DMG & Partners	CDL Hospitality	1.82	1.95	Buy	DDM
01/29/18	UOB Kay Hian	CDL Hospitality	1.82	1.95	Buy	DDM
01/29/18	OCBC	CDL Hospitality	1.82	1.6	Sell
01/29/18	DBS Vickers	CDL Hospitality	1.82	2	Buy
01/29/18	phillip	China Sunsine	1.11	1.6	Buy	FCFE, PER10x FY18
01/29/18	Amfrasers	China Sunsine	1.11	1.39	Buy	PER10x FY18
01/29/18	CIMB	Frasers Logistics	1.15	1.24	Add	DDM
01/29/18	DBS Vickers	Frasers Logistics	1.15	1.24	Buy
01/29/18	OCBC	Mapletree Greater China	1.27	1.39	Buy
01/29/18	CIMB	Mapletree Greater China	1.27	1.26	Hold	DDM
01/29/18	DBS Vickers	Mapletree Greater China	1.27	1.4	Buy
01/29/18	CIMB	Parkway Life	2.97	3.07	Hold	DDM
01/29/18	Lim & Tan	Parkway Life	2.97	0	Hold
01/29/18	DBS Vickers	Parkway Life	2.97	3.15	Buy
01/29/18	UOB Kay Hian	Tuan Sing	0.48	0.71	Buy	Sum of parts
01/29/18	Kim Eng	Viva Industrial	0.94	1.05	Buy	DDM
01/29/18	OCBC	Viva Industrial	0.94	0.93	Hold
01/29/18	Phillip	Y Venture	0.44	0.7	Buy	PER30x FY18

Iceberg research came out to attack Noble again!

https://sg.finance.yahoo.com/news/iceberg-research-slams-noble-debt-023100836.html

Iceberg is urging creditors to reject the restructuring deal because investors have to take a massive haircut.  If nobody is willing to take a heavy haircut, there is no possibility that Noble can continue to operate with a heavy debt load.

If investors are rejecting this restructuring deal, Noble will be bankrupt soon unless another white knight is willing to takeover Noble at a massive discount.

Is Iceberg trying to bankrupt Noble by asking investors to reject the deal?