Stock calls for 16 April 2018

Date	Analyst	Company	Last	Target	Call	Valuation
04/16/18	Kim Eng	A-Reit	2.69	3.05	Buy
04/16/18	DMG & Partners	A-Reit	2.69	2.9	Buy
04/16/18	Kim Eng	AIMS AMP Cap Ind Reit	1.38	1.5	Buy
04/16/18	Kim Eng	Cache Logistics	0.83	0.95	Buy
04/16/18	phillip	Dairy Farm	8.27	9.83	Buy
04/16/18	DMG & Partners	Dairy Farm	8.27	9.16	Buy
04/16/18	Credit Suisse	DBS	28.42	35.5	Buy
04/16/18	Soochow	EC World Reit	0.735	0.88	Buy
04/16/18	phillip	F & N	2.12	2.83	Buy
04/16/18	OCBC	Hutchison Port	0.33	0.43	Buy
04/16/18	DBS Vickers	Hutchison Port	0.33	0.38	Buy	DCF
04/16/18	DMG & Partners	Kimly	0.34	0.43	Buy	DCF, PER22.8x FY18
04/16/18	DMG & Partners	Manulife US Reit	0.82	1	Buy	DDM
04/16/18	DBS Vickers	Manulife US Reit	0.82	1	Buy
04/16/18	Kim Eng	Mapletree Industrial	2.03	2.2	Buy
04/16/18	Kim Eng	Mapletree Logistics	1.27	1.25	Hold
04/16/18	Credit Suisse	OCBC	13.08	15.75	Buy
04/16/18	phillip	Old Chang Kee	0.775	0.98	Buy
04/16/18	phillip	Sheng Siong	1	1.13	Accumulate
04/16/18	UOB Kay Hian	Singtel	3.37	4.35	Buy
04/16/18	DMG & Partners	ST Engineering	3.67	4.04	Buy
04/16/18	Phillip	Thai Beverage	0.8	1.05	Buy
04/16/18	Kim Eng	Viva Industrial	0.88	1.05	Buy

The western countries are embarking on smearing campaign again.

If we use our common logic, we will know that there is no valid reason for President Assad to use chemical weapons to attack its people because Assad is winning the war in Syria with Russian's help.  Furthermore, the USA was planning to pull out of Syria as it was losing the Syria war against Putin.

https://edition.cnn.com/2018/03/29/politics/trump-withdraw-syria-pentagon/index.html

I believe President Assad can wait for the USA to pull out first before taking over the whole Syria.  There is really no reason for Assad to embark on a chemical warfare.  Thus, this is another smearing plot by the USA to give it a legitimate reason to attack Syria with UK & France.

http://sg-stock.blogspot.sg/2017/10/the-troublemaker-usa-lost-war-in-syria.html

We are seeing the same Iraqi situation in Syria now.  The culprits behind this are US, UK & France.

UK PM May was lying outright!

https://sg.news.yahoo.com/western-missile-attack-syria-legal-british-pm-may-085455147.html

If it was totally legal and right to launch the missile attack against Syria, the UN would have given the mandate to attack Syria.  It is precisely that everything was based on suspicion and without concrete proof that the UN didn't give the mandate to attack Syria.

US, UK & France attacked Syria with missiles!

https://www.bloombergquint.com/markets/2018/04/14/the-world-reacts-to-strikes-against-syria

The situation in Syria has deteriorated because the western countries took unilateral actions against Syria.

This is definitely an act of aggression because this is done without UN mandate.

Baltic dry index - 1014

Today, Friday, April 13 2018, the Baltic Dry Index climbed by 21 points, reaching 1014, 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 - 1008

HOUSTON — The number of rigs exploring for oil and natural gas in the U.S. increased by five this week to 1,008.

At this time a year ago there were 847 active rigs.

Houston oilfield services company Baker Hughes reported Friday that 815 rigs drilled for oil this week and 192 for gas. One was listed as miscellaneous.

Among major oil- and gas-producing states, Texas added three rigs, Oklahoma gained two while Colorado, Louisiana and Ohio each added one.

Kansas, New Mexico and West Virginia each lost one rig.

Alaska, Arkansas, California, North Dakota, Pennsylvania, Utah and Wyoming were unchanged.

The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May of 2016 at 404.

=================

Related stocks: Keppel Corp, Sembcorp Marine & Cosco.

Singapore is developing a surveillance skynet system.

https://sg.finance.yahoo.com/news/singapore-test-facial-recognition-lampposts-stoking-privacy-fears-073935109--finance.html

A surveillance skynet system will become a part of our lives in the future where our movements will be tracked and monitored by the government.

AIMS AMP Cap Ind Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/26/17	Kim Eng	AIMS AMP Cap Ind Reit	1.415	1.6	Buy	DDM
06/22/17	Kim Eng	AIMS AMP Cap Ind Reit	1.44	1.6	Buy
07/03/17	Kim Eng	AIMS AMP Cap Ind Reit	1.48	1.6	Buy
10/27/17	Kim Eng	AIMS AMP Cap Ind Reit	1.435	1.6	Buy
02/01/18	Lim & Tan	AIMS AMP Cap Ind Reit	1.37	0	Hold
02/02/18	Kim Eng	AIMS AMP Cap Ind Reit	1.37	1.5	Buy
03/19/18	DBS Vickers	AIMS AMP Cap Ind Reit	1.38	1.57	Not Rated

AEM - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/09/17	CIMB	AEM	1.555	2.69	Add	GGM, PB2.95x, PER8x FY18
04/26/17	CIMB	AEM	2.22	3.39	Add	PER10x FY18, Ex-CB
05/19/17	CIMB	AEM	2.45	3.39	Add
05/23/17	DBS Vickers	AEM	2.61	3.35	Not Rated	PER10x FY18
07/05/17	CIMB	AEM	2.2	3.39	Add	PER10x FY18
08/04/17	CIMB	AEM	2.8	3.39	Add
08/10/17	CIMB	AEM	2.77	3.43	Add	PER10x FY18
10/17/17	CIMB	AEM	2.87	4.55	Add	PER10x FY18
11/06/17	CIMB	AEM	3.39	4.55	Add	PER10x FY19
12/20/17	CIMB	AEM	3.21	4.55	Add
01/10/18	CIMB	AEM	3.31	4.55	Add
01/24/18	CIMB	AEM	4.16	5.97	Add	PER10x CY19
02/02/18	CIMB	AEM	4.97	6.62	Add	PER10x CY19
03/02/18	CIMB	AEM	6.3	8.19	Add	PER10x CY19
04/03/18	CIMB	AEM	6.78	8.19	Add	PER10x FY19

Stock calls for 13 April 2018

Date	Analyst	Company	Last	Target	Call	Valuation
04/13/18	phillip	Cache Logistics	0.84	0.91	Accumulate	DDM
04/13/18	DBS Vickers	CapitaCommercial	1.83	2.1	Buy
04/13/18	Deutsche	City Developments	12.57	16	Buy
04/13/18	DBS Vickers	Frasers Centrepoint Trust	2.24	2.48	Buy
04/13/18	DBS Vickers	Frasers Commercial Trust	1.46	1.71	Buy
04/13/18	DBS Vickers	Frasers Hospitality Trust	0.75	0.89	Buy
04/13/18	DBS Vickers	Frasers Logistics	1.07	1.24	Buy
04/13/18	DBS Vickers	Frasers Property	1.96	2.35	Buy
04/13/18	DBS Vickers	Golden Agri	0.34	0.39	Not Rated
04/13/18	DBS Vickers	Indofood Agri	0.325	0.36	Hold
04/13/18	CIMB	Lippo-Malls Indo	0.365	0.33	Reduce	DDM
04/13/18	OCBC	Lippo-Malls Indo	0.365	0.31	Sell
04/13/18	Lim & Tan	Manulife US Reit	0.925	1	Hold
04/13/18	UOB Kay Hian	SATS	5.18	5.8	Buy	PER25.3x FY19
04/13/18	Deutsche	UOL	8.64	10	Buy

US, UK & France will attack Syria soon!

https://edition.cnn.com/2018/04/12/middleeast/syria-uk-us-meetings-intl/index.html

This situation looks exactly like what happened to Iraq.

The US also claimed to have "proof" that Iraq possessed WMDs and attacked Iraq with the UK.  However, no WMDs were found in Iraq.

Now, these western countries also claim that they have got the proof that Syria is using chemical weapons.

Advancer Global - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/04/17	SAC Advisors	Advancer Global Ltd	0.285	0.36	Buy
03/02/18	SAC Advisors	Advancer Global Ltd	0.285	0.36	Buy

Addvalue - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
04/28/17	NRA	Addvalue	0.051	0.079	Not Rated
06/08/17	NRA	Addvalue	0.057	0.079	Not Rated
02/08/18	NRA	Addvalue	0.042	0.079	Not Rated

Stock calls for 12 April 2018

Date	Analyst	Company	Last	Target	Call	Valuation
04/12/18	Kim Eng	Frasers Centrepoint Trust	2.25	2.55	Buy
04/12/18	CIMB	Sembcorp Industries	3.11	4.13	Add	Sum of parts
04/12/18	OCBC	SPH	2.49	2.52	Hold
04/12/18	DBS Vickers	SPH	2.49	2.6	Hold	Sum of parts
04/12/18	Lim & Tan	ST Engineering	3.65	0	Buy

Here we go again! 8-year old girl was raped and murdered in India!

https://www.washingtonpost.com/news/worldviews/wp/2018/04/11/an-8-year-olds-rape-and-murder-inflames-tensions-between-hindus-and-muslims-in-india/?noredirect=on&utm_term=.4619583176bb

I'm very confident to say that this girl won't be the last.  There will be more rapes in the future because Indian men don't respect women and young girls.

http://sg-stock.blogspot.sg/2018/02/brutal-rape-in-india-again.html

133 international academics disapproved Minister Shanmugam's historical views.

https://sg.news.yahoo.com/academics-back-singapore-historian-grilled-fake-news-panel-102453461.html

133 international academics backed Singapore historian against Minister Shanmugan's historical views.

First of all, history is not defined by law.  If a lawyer understands history better than a historian, the lawyer should become a historian and not remain as a lawyer.

Sigh! The international academics know that Singapore has a warped historical knowledge now.  Are we going to be the next Japan now?

I hope that Singapore doesn't accuse other international academics of sophistry.

Tension in Syria is rising as Trump tweets.

https://finance.yahoo.com/news/russia-bomb-u-missile-launch-102819143.html

Russia will intercept any US missiles and fire back at US missiles launch site in Syria.

Russia will not joke about this and is very serious about defending Assad.

UFO was caught on cam chasing after a passenger jet.

UFO was chasing a passenger airliner 3 weeks ago.

https://www.dailystar.co.uk/news/weird-news/689833/Alien-news-UFO-chasing-passenger-jet-through-sky-US-chemtrail-conspiracy-proof-video

Please don't tell me there is no UFO because there is no aircraft that looks like a disc-shaped object and it can fly faster than a normal airliner.

Acromec - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/03/17	DMG & Partners	Acromec	0.565	0.5	Buy
05/02/17	DMG & Partners	Acromec	0.39	0.38	Neutral

Accordia Gold Trust - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/17/17	Amfrasers	Accordia Golf Trust	0.73	0.8	Buy	DDM
04/06/17	CIMB	Accordia Golf Trust	0.73	0.83	Not Rated	Bloomberg consensus
04/12/17	DIR	Accordia Golf Trust	0.73	0.85	Buy	DDM
04/17/17	Amfrasers	Accordia Golf Trust	0.735	0.8	Buy
05/29/17	DIR	Accordia Golf Trust	0.745	0.82	Outperform
05/30/17	Amfrasers	Accordia Golf Trust	0.745	0.8	Buy
08/17/17	Amfrasers	Accordia Golf Trust	0.715	0.8	Buy
11/21/17	Amfrasers	Accordia Golf Trust	0.7	0.78	Buy

Ascendas Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/03/17	UOB Kay Hian	A-Reit	2.27	2.71	Buy	DDM
01/05/17	Credit Suisse	A-Reit	2.31	2.63	Outperform
01/06/17	DMG & Partners	A-Reit	2.33	2.65	Buy	DDM
01/06/17	OCBC	A-Reit	2.33	2.72	Buy
01/09/17	DBS Vickers	A-Reit	2.38	2.65	Buy	DCF
01/25/17	Deutsche	A-Reit	2.4	2.55	Hold
01/25/17	OCBC	A-Reit	2.4	2.68	Buy
01/26/17	CIMB	A-Reit	2.4	2.31	Hold	DDM
01/26/17	DIR	A-Reit	2.4	2.38	Hold	DDM
02/09/17	Credit Suisse	A-Reit	2.42	2.63	Outperform
02/17/17	JP Morgan	A-Reit	2.47	2.65	Overweight
02/28/17	Deutsche	A-Reit	2.48	2.55	Hold
03/02/17	UOB Kay Hian	A-Reit	2.49	2.71	Buy
03/06/17	OCBC	A-Reit	2.49	2.68	Buy
03/10/17	DMG & Partners	A-Reit	2.45	2.65	Buy
03/13/17	Credit Suisse	A-Reit	2.47	2.63	Outperform
03/17/17	DBS Vickers	A-Reit	2.5	2.65	Buy
03/20/17	DIR	A-Reit	2.5	2.44	Hold	DDM
04/07/17	DMG & Partners	A-Reit	2.53	2.65	Buy
04/11/17	UOB Kay Hian	A-Reit	2.52	2.71	Buy
04/18/17	DIR	A-Reit	2.52	2.44	Hold
04/18/17	Kim Eng	A-Reit	2.52	2.85	Buy	DDM
04/26/17	CIMB	A-Reit	2.55	2.59	Hold	DDM
04/26/17	DBS Vickers	A-Reit	2.55	2.65	Buy	DCF
04/26/17	DIR	A-Reit	2.55	2.45	Hold	DDM
04/26/17	DMG & Partners	A-Reit	2.55	2.73	Buy	DDM
04/26/17	OCBC	A-Reit	2.55	2.66	Buy
04/26/17	UOB Kay Hian	A-Reit	2.55	2.75	Buy
05/02/17	Kim Eng	A-Reit	2.56	2.85	Buy
05/17/17	Deutsche	A-Reit	2.6	2.6	Hold
05/17/17	UOB Kay Hian	A-Reit	2.6	2.75	Buy
05/18/17	DBS Vickers	A-Reit	2.58	2.65	Buy
05/25/17	UOB Kay Hian	A-Reit	2.62	2.97	Buy
06/01/17	DMG & Partners	A-Reit	2.62	2.73	Buy	DDM
06/02/17	OCBC	A-Reit	2.64	2.66	Buy
06/08/17	Lim & Tan	A-Reit	2.67	0	Buy on weakness
06/12/17	Kim Eng	A-Reit	2.7	2.9	Buy`	DDM
06/21/17	Credit Suisse	A-Reit	2.72	2.62	Neutral
06/22/17	Deutsche	A-Reit	2.66	2.6	Hold
06/28/17	DIR	A-Reit	2.66	2.45	Underperform	DDM
07/03/17	Kim Eng	A-Reit	2.61	2.9	Buy	DDM
07/12/17	DMG & Partners	A-Reit	2.58	2.73	Buy
07/14/17	Phillip	A-Reit	2.59	2.86	Accumulate	DDM, PB1.35x FY18
07/25/17	UOB Kay Hian	A-Reit	2.7	2.97	Buy	DDM
07/26/17	DBS Vickers	A-Reit	2.72	2.78	Buy	DCF
07/28/17	DIR	A-Reit	2.72	2.45	Underperform	DDM
07/28/17	Credit Suisse	A-Reit	2.72	2.62	Neutral
07/28/17	DMG & Partners	A-Reit	2.72	2.9	Buy	DDM
07/28/17	OCBC	A-Reit	2.72	2.66	Hold
07/28/17	CIMB	A-Reit	2.72	2.71	Hold	DDM
07/31/17	UOB Kay Hian	A-Reit	2.71	2.75	Buy
07/31/17	DBS Vickers	A-Reit	2.71	2.85	Buy	DCF
08/03/17	Kim Eng	A-Reit	2.68	2.9	Buy
08/14/17	OCBC	A-Reit	2.66	2.66	Hold
08/17/17	UOB Kay Hian	A-Reit	2.67	2.97	Buy
08/22/17	Phillip	A-Reit	2.65	2.86	Accumulate
08/28/17	DBS Vickers	A-Reit	2.61	2.85	Buy
09/04/17	CIMB	A-Reit	2.66	2.71	Hold
09/21/17	DMG & Partners	A-Reit	2.7	2.9	Buy	DDM
09/26/17	OCBC	A-Reit	2.68	2.66	Hold
09/26/17	Kim Eng	A-Reit	2.68	2.9	Buy
10/09/17	Phillip	A-Reit	2.69	2.86	Accumulate	DDM, PB1.35x FY18
10/23/17	UOB Kay Hian	A-Reit	2.72	2.97	Buy	DDM
10/25/17	Kim Eng	A-Reit	2.75	2.9	Buy
10/31/17	DMG & Partners	A-Reit	2.71	2.9	Buy	DDM
10/31/17	OCBC	A-Reit	2.71	2.67	Hold
10/31/17	CIMB	A-Reit	2.71	2.72	Hold	DDM
11/01/17	DBS Vickers	A-Reit	2.74	2.85	Buy
11/09/17	UOB Kay Hian	A-Reit	2.66	2.97	Buy
11/28/17	Kim Eng	A-Reit	2.63	3	Buy
12/01/17	UOB Kay Hian	A-Reit	2.64	3.05	Buy
12/18/17	DBS Vickers	A-Reit	2.68	2.85	Buy
12/19/17	DMG & Partners	A-Reit	2.69	2.9	Buy
12/20/17	CIMB	A-Reit	2.69	2.72	Hold
01/04/18	Deutsche	A-Reit	2.74	2.75	Hold
01/05/18	DMG & Partners	A-Reit	2.79	2.9	Buy	DDM
01/19/18	UOB Kay Hian	A-Reit	2.77	3.05	Buy
01/19/18	Kim Eng	A-Reit	2.77	3	Buy
01/26/18	Phillip	A-Reit	2.75	2.89	Accumulate	DDM, PB1.36x FY18
01/26/18	OCBC	A-Reit	2.75	2.69	Hold
01/26/18	DBS Vickers	A-Reit	2.75	2.85	Buy
01/26/18	CIMB	A-Reit	2.75	2.88	Add
02/12/18	Phillip	A-Reit	2.57	2.87	Accumulate
02/13/18	UOB Kay Hian	A-Reit	2.58	3.05	Buy
02/20/18	DMG & Partners	A-Reit	2.62	2.9	Buy
02/20/18	DBS Vickers	A-Reit	2.62	2.85	Buy
03/05/18	UOB Kay Hian	A-Reit	2.61	3.05	Buy
03/06/18	UOB Kay Hian	A-Reit	2.58	2.76	Buy
03/19/18	DBS Vickers	A-Reit	2.66	2.85	Buy
03/27/18	Phillip	A-Reit	2.6	2.89	Accumulate

Stock calls for 11 April 2018

Date	Analyst	Company	Last	Target	Call	Valuation
04/11/18	Kim Eng	Bukit Sembawang	6.08	8.55	Buy
04/11/18	Kim Eng	Capitaland	3.63	4.1	Buy
04/11/18	Kim Eng	City Developments	12.73	14.2	Buy
04/11/18	Kim Eng	Ho Bee	2.54	3.15	Buy
04/11/18	OCBC	Keppel Corp	7.81	9.45	Buy	Sum of parts
04/11/18	DBS Vickers	M1	1.72	1.76	Hold	DCF
04/11/18	OCBC	Sembcorp Marine	2.23	2.07	Hold
04/11/18	DMG & Partners	Sheng Siong	0.97	1.11	Buy	DCF & PER21x
04/11/18	UOB Kay Hian	SPH	2.49	2.41	Hold	Sum of parts, Buy @ $2.30
04/11/18	Lim & Tan	SPH	2.49	0	Hold
04/11/18	Kim Eng	UOL	8.64	10.4	Buy

8Telecom - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/21/17	NRA	8Telecom	0.139	0	Not Rated	Fair value $0.181-$0.298

800 Super - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/13/17	Phillip	800Super	1.09	1.42	Buy	DCF, PER15.4x FY17
05/15/17	Phillip	800Super	1.375	1.57	Accumulate	DCF, PER15.5x FY17
08/25/17	Phillip	800Super	1.18	1.53	Buy	DCF, PER16.9x FY18
10/05/17	Phillip	800Super	1.205	1.53	Buy	DCF, PER16.9x FY18
11/13/17	Phillip	800Super	1.175	1.43	Buy	DCF, PER15.9x FY18
01/16/18	Phillip	800Super	1.25	1.4	Accumulate	DCF, PER16.3x FY18
02/12/18	Phillip	800Super	1.14	1.35	Accumulate	DCF, PER17.8x FY18

Yuuzoo - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/06/17	Lim & Tan	Yuuzoo	0.077	0	Sell/Avoid	Fraud alert
08/16/17	Lim & Tan	Yuuzoo	0.055	0	Sell
12/22/17	Lim & Tan	Yuuzoo	0.048	0	Sell
03/20/18	Lim & Tan	Yuuzoo	0.038	0	Sell/Avoid

Stock calls for 10 April 2018

Date	Analyst	Company	Last	Target	Call	Valuation
04/10/18	DMG & Partners	APAC Realty	1.17	1.35	Buy
04/10/18	DMG & Partners	Capitaland	3.61	4.2	Buy
04/10/18	Lim & Tan	Capitaland	3.61	0	Buy
04/10/18	CIMB	CDL Hospitality	1.72	1.92	Add
04/10/18	DMG & Partners	City Developments	12.87	15	Buy
04/10/18	DBS Vickers	Cromwell Reit (EUR)	0.59	0.63	Buy	DCF
04/10/18	DBS Vickers	Ezion	0.197	0.29	Buy	PB1.4x FY18
04/10/18	CIMB	Far East Hospitality	0.68	0.79	Add
04/10/18	Kim Eng	Genting	1.14	1.46	Buy	EV/Ebitda 12x FY18
04/10/18	CIMB	OUE Hospitality	0.825	0.92	Add
04/10/18	NRA	Regal	0.13	0.3	Overweight
04/10/18	OCBC	Starhub	2.28	2.2	Hold
04/10/18	UOB Kay Hian	Starhub	2.28	2.25	Sell
04/10/18	CIMB	Yongnam	0.29	0.57	Add	PB0.8x FY19

Y Venture - Stock calls

08/22/17	UOB Kay Hian	Y Venture	0.196	0.28	Buy
01/29/18	Phillip	Y Venture	0.44	0.7	Buy	PER30x FY18
03/05/18	Phillip	Y Venture	0.68	0.7	Neutral	PER30x FY18
03/05/18	UOB Kay Hian	Y Venture	0.68	0.8	Buy	Up from $0.65
03/28/18	DBS Vickers	Y Venture	0.535	0.77	Buy	EV/Ebitda20x FY19
04/09/18	UOB Kay Hian	Y Venture	0.53	0.8	Buy	PEG0.86x, Price-To-Sales2.6x FY19

Yongnam - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
10/26/17	CIMB	Yongnam	0.305	0.53	Add	PB0.8x FY18
12/20/17	CIMB	Yongnam	0.325	0.53	Add
01/05/18	CIMB	Yongnam	0.335	0.53	Add	PB0.8x FY18
02/02/18	CIMB	Yongnam	0.35	0.53	Add	PB0.8x FY18
03/02/18	CIMB	Yongnam	0.3	0.57	Add	PB0.8x FY19