Oxley - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/03/17	DMG & Partners	Oxley	0.43	0.85	Buy
10/03/17	UOB Kay Hian	Oxley	0.56	0.67	Buy	RNAV (20% discount)
11/22/17	UOB Kay Hian	Oxley	0.655	0.74	Buy	RNAV (20% discount)
12/01/17	UOB Kay Hian	Oxley	0.6	0.74	Buy
03/14/18	UOB Kay Hian	Oxley	0.56	0.74	Buy
04/04/18	Soochow SSD	Oxley	0.495	0.63	Buy	RNAV (20% discount)
04/24/18	DBS Vickers	Oxley	0.485	0.68	Not Rated	RNAV (35% discount)
06/04/18	Kim Eng	Oxley	0.46	0.56	Buy	RNAV (20% discount)
07/09/18	Kim Eng	Oxley	0.345	0.34	Hold

Stock calls for 11 July 2018

Date	Analyst	Company	Last	Target	Call	Valuation
07/11/18	UOB Kay Hian	Asian Healthcare	0.24	0.33	Buy	PER19.4x FY19
07/11/18	Kim Eng	Bumitama	0.65	0.98	Buy
07/11/18	Kim Eng	First Resources	1.55	2	Buy
07/11/18	DBS Vickers	Frasers Commercial Trust	1.39	1.65	Buy
07/11/18	OCBC	Golden Agri	0.29	0.3	Hold	PER17x FY19
07/11/18	CIMB	Keppel Corp	6.77	8.81	Add	Sum of parts
07/11/18	CIMB	Sembcorp Industries	2.67	3.49	Add
07/11/18	CIMB	Sembcorp Marine	1.97	2.52	Add	PB2.2x CY18
07/11/18	CIMB	SPH Reit	1	1.07	Hold	DDM
07/11/18	OCBC	SPH Reit	1	1.02	Hold
07/11/18	Lim & Tan	SPH Reit	1	0	Hold
07/11/18	Kim Eng	Top Glove	3.4	4.36	Hold	Ringgit target $12.90, PER30x FY19
07/11/18	CIMB	Yangzijiang	0.91	1.27	Add	Sum of parts

The US-China trade war is escalating!

https://finance.yahoo.com/news/u-poised-publish-200-billion-205132750.html

The USA has imposed another 200b tariff on China.

Let's see how China will retaliate since it has imported less than 200b worth of USA goods.

OUE Hospitality - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/04/17	OCBC	OUE Hospitality	0.685	0.73	Buy
01/09/17	DBS Vickers	OUE Hospitality	0.68	0.72	Buy	DCF
01/26/17	CIMB	OUE Hospitality	0.685	0.71	Add	DDM
01/26/17	DMG & Partners	OUE Hospitality	0.685	0.7	Neutral	DDM
01/26/17	OCBC	OUE Hospitality	0.685	0.75	Buy
01/27/17	DBS Vickers	OUE Hospitality	0.685	0.75	Buy	DCF
01/31/17	Credit Suisse	OUE Hospitality	0.69	0.78	Neutral
02/08/17	OCBC	OUE Hospitality	0.675	0.75	Buy
02/28/17	Deutsche	OUE Hospitality	0.69	0.65	Hold
03/10/17	DMG & Partners	OUE Hospitality	0.675	0.7	Neutral
03/16/17	OCBC	OUE Hospitality	0.68	0.75	Buy
04/03/17	DMG & Partners	OUE Hospitality	0.69	0.76	Buy	DDM
04/17/17	OCBC	OUE Hospitality	0.71	0.75	Buy
05/05/17	DBS Vickers	OUE Hospitality	0.715	0.76	Buy	DCF
05/05/17	DMG & Partners	OUE Hospitality	0.715	0.76	Buy	DDM
05/05/17	OCBC	OUE Hospitality	0.715	0.75	Buy
05/15/17	DMG & Partners	OUE Hospitality	0.705	0.78	Buy	DDM
06/09/17	OCBC	OUE Hospitality	0.72	0.75	Buy
06/22/17	Deutsche	OUE Hospitality	0.725	0.65	Hold
07/04/17	OCBC	OUE Hospitality	0.755	0.75	Buy
07/12/17	DMG & Partners	OUE Hospitality	0.76	0.78	Buy
08/02/17	CIMB	OUE Hospitality	0.76	0.82	Add	DDM
08/02/17	DMG & Partners	OUE Hospitality	0.76	0.83	Buy	DDM
08/02/17	OCBC	OUE Hospitality	0.76	0.82	Buy
08/02/17	Lim & Tan	OUE Hospitality	0.76	0	Hold
08/03/17	DBS Vickers	OUE Hospitality	0.77	0.8	Buy	DCF
09/21/17	DMG & Partners	OUE Hospitality	0.79	0.83	Buy
09/21/17	OCBC	OUE Hospitality	0.79	0.82	Buy
11/02/17	CIMB	OUE Hospitality	0.81	0.84	Add	DDM
11/02/17	Credit Suisse	OUE Hospitality	0.81	0.78	Neutral
11/02/17	OCBC	OUE Hospitality	0.81	0.82	Hold
11/02/17	DBS Vickers	OUE Hospitality	0.81	0.85	Buy	DCF
11/03/17	DMG & Partners	OUE Hospitality	0.815	0.88	Buy	DDM
12/01/17	OCBC	OUE Hospitality	0.815	0.82	Hold
12/06/17	DBS Vickers	OUE Hospitality	0.825	0.85	Buy
12/19/17	DMG & Partners	OUE Hospitality	0.835	0.88	Buy
01/03/18	DMG & Partners	OUE Hospitality	0.855	0.91	Buy	DDM
01/04/18	Deutsche	OUE Hospitality	0.87	0.65	Sell
01/04/18	CIMB	OUE Hospitality	0.87	0.89	Add	DDM
01/05/18	OCBC	OUE Hospitality	0.875	0.83	Hold
01/31/18	DBS Vickers	OUE Hospitality	0.885	0.93	Buy	DCF
01/31/18	Lim & Tan	OUE Hospitality	0.885	0	Hold
02/20/18	DMG & Partners	OUE Hospitality	0.845	0.95	Buy
04/04/18	DMG & Partners	OUE Hospitality	0.795	0.95	Buy
04/10/18	CIMB	OUE Hospitality	0.825	0.92	Add
04/17/18	DBS Vickers	OUE Hospitality	0.815	0.93	Buy
05/03/18	CIMB	OUE Hospitality	0.82	0.92	Add	DDM
05/03/18	DMG & Partners	OUE Hospitality	0.82	0.95	Buy	DDM
05/03/18	OCBC	OUE Hospitality	0.82	0.84	Hold	Buy @ $0.78 or lower
07/06/18	DBS Vickers	OUE Hospitality	0.765	0.93	Buy

OUE Commercial - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/09/17	DBS Vickers	OUE Commercial	0.695	0.74	Hold	DCF
01/27/17	OCBC	OUE Commercial	0.7	0.65	Hold
03/10/17	OCBC	OUE Commercial	0.685	0.65	Hold
05/08/17	DBS Vickers	OUE Commercial	0.7	0.67	Hold	DCF
05/08/17	OCBC	OUE Commercial	0.7	0.65	Hold
05/08/17	CIMB	OUE Commercial	0.7	0.71	Hold
08/03/17	OCBC	OUE Commercial	0.73	0.68	Hold	DDM
08/04/17	CIMB	OUE Commercial	0.725	0.68	Hold	DDM
08/04/17	DBS Vickers	OUE Commercial	0.725	0.69	Hold
10/04/17	OCBC	OUE Commercial	0.715	0.67	Hold
11/03/17	OCBC	OUE Commercial	0.72	0.67	Hold
11/03/17	CIMB	OUE Commercial	0.72	0.68	Hold	DDM
11/10/17	DBS Vickers	OUE Commercial	0.71	0.73	Hold	DCF
12/05/17	OCBC	OUE Commercial	0.71	0.67	Hold
01/09/18	OCBC	OUE Commercial	0.75	0.67	Hold
02/01/18	CIMB	OUE Commercial	0.75	0.75	Hold	DDM
02/01/18	OCBC	OUE Commercial	0.75	0.69	Hold
02/05/18	DBS Vickers	OUE Commercial	0.755	0.73	Hold	DCF
03/19/18	DBS Vickers	OUE Commercial	0.715	0.73	Hold
03/23/18	CIMB	OUE Commercial	0.72	0.75	Hold	DDM
05/11/18	OCBC	OUE Commercial	0.72	0.68	Hold

Stock calls for 10 July 2018

Date	Analyst	Company	Last	Target	Call	Valuation
07/10/18	phillip	Comfortdelgro	2.32	2.69	Accumulate
07/10/18	OCBC	Far East Hospitality	0.62	0.735	Buy

China is targeting US fiber optics now.

https://finance.yahoo.com/news/china-raises-tariff-rates-u-085246199.html

China is upping its ante against the USA.

Although China has fewer products to target than the USA, it is still able to pull some heavy punches to cause Trump to relent.

The USA has relented in the US-China trade war.

https://sputniknews.com/us/201807071066122637-usa-china-tariffs-guidance-business/

The USA has proposed a tariff waiver for China products for detente.

We knew that the USA would blink first because we expected the USA to lose in this trade war as stated previously in our postings.

http://sg-stock.blogspot.com/2018/06/trump-is-losing-us-china-trade-war.html

OUE - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/20/17	DIR	OUE	1.95	3.05	Buy	Sum of parts
02/20/17	OCBC	OUE	1.95	2.17	Buy
04/12/17	Deutsche	OUE	2.06	2.2	Buy
04/12/17	OCBC	OUE	2.06	2.17	Buy
05/12/17	Deutsche	OUE	2	3	Buy
05/12/17	DIR	OUE	2	3	Buy	Sum of parts
06/22/17	Deutsche	OUE	1.985	3	Buy
10/20/17	Deutsche	OUE	2.02	3	Buy
11/07/17	OCBC	OUE	2.02	2.47	Buy
02/26/18	OCBC	OUE	1.93	2.28	Buy
05/14/18	OCBC	OUE	1.81	2.25	Buy

Old Chang Kee - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/14/17	phillip	Old Chang Kee	0.835	0.98	Buy	DCF
04/17/17	phillip	Old Chang Kee	0.85	0.98	Buy
06/05/17	phillip	Old Chang Kee	0.83	0.98	Buy	DCF
08/17/17	phillip	Old Chang Kee	0.765	0.98	Buy	DCF
11/14/17	phillip	Old Chang Kee	0.75	0.98	Buy	DCF
12/04/17	phillip	Old Chang Kee	0.76	0.98	Buy	DCF
02/15/18	phillip	Old Chang Kee	0.745	0.98	Buy	DCF
03/19/18	phillip	Old Chang Kee	0.76	0.98	Buy
04/16/18	phillip	Old Chang Kee	0.775	0.98	Buy
05/31/18	phillip	Old Chang Kee	0.755	0.98	Buy	DCF, PER22.6x FY19

Olam - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/01/17	DBS Vickers	Olam	2.05	2.12	Hold	DCF & PER16.4x
05/16/17	DBS Vickers	Olam	1.99	2.15	Hold	DCF & PER16.3x
03/01/18	DBS Vickers	Olam	2.25	2.31	Hold	DCF & PER16.1x
04/03/18	DBS Vickers	Olam	2.32	2.31	Hold

Stock calls for 9 July 2018

Date	Analyst	Company	Last	Target	Call	Valuation
07/09/18	DBS Vickers	APAC Realty	0.58	0.66	Fully Valued	PER10x FY18
07/09/18	Kim Eng	Bukit Sembawang	5.31	5.1	Hold
07/09/18	Phillip	Capitaland	2.99	4.19	Accumulate
07/09/18	DBS Vickers	Capitaland	2.99	3.62	Buy	RNAV (25% discount)
07/09/18	Kim Eng	Capitaland	2.99	3.8	Buy
07/09/18	phillip	Chip Eng Seng	0.79	1.15	Buy
07/09/18	DBS Vickers	Chip Eng Seng	0.79	0.75	Fully Valued	Sum of parts
07/09/18	phillip	City Developments	9.46	12.6	Accumulate	RNAV (20% discount)
07/09/18	DBS Vickers	City Developments	9.46	10	Fully Valued	RNAV (35% discount)
07/09/18	OCBC	City Developments	9.46	9.59	Hold
07/09/18	Kim Eng	City Developments	9.46	10.4	Hold
07/09/18	DBS Vickers	Frasers Property	1.58	1.9	Buy	RNAV (35% discount)
07/09/18	Kim Eng	Guocoland	1.83	2	Hold
07/09/18	UOB Kay Hian	HMI	0.595	0.82	Buy	DCF
07/09/18	phillip	Ho Bee	2.3	2.98	Accumulate
07/09/18	Kim Eng	Ho Bee	2.3	3.05	Buy
07/09/18	DBS Vickers	Keppel Corp	6.58	9.1	Buy	Sum of parts
07/09/18	Kim Eng	Oxley	0.345	0.34	Hold
07/09/18	DBS Vickers	Roxy-Pacific	0.43	0.4	Fully Valued	RNAV (55% discount)
07/09/18	Kim Eng	Starhub	1.7	1.96	Buy	DCF
07/09/18	OCBC	UOL	6.7	8.48	Buy	RNAV (35% discount)
07/09/18	DBS Vickers	UOL	6.7	7.82	Buy	RNAV (35% discount)
07/09/18	Kim Eng	UOL	6.7	8.95	Buy
07/09/18	CIMB	Vard	0.25	0.25	Do Not Accept	Offer $0.25 is not fair

Expedia has just dumped bitcoin payment system.

https://sg.finance.yahoo.com/news/expedia-stops-accepting-bitcoin-driving-230729890.html

This is not unexpected.  Why?

Please read our previous postings on this if you're interested to find out more.

http://sg-stock.blogspot.com/2018/03/crypto-community-hub-reddit-dumps.html

The dexterity of China's medical robot, Da Vinci, is simply amazing.

What can I say? Simply amazing!

Baltic dry index - 1567

Today, Wednesday, July 04 2018, the Baltic Dry Index climbed by 91 points, reaching 1567 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 - 1052

Rig counts in the U.S. rose by five last week, the Houston energy services company Baker Hughes reported.

In the U.S. 1,052 rigs are working, a figure that is 100 rigs higher than a year ago. The five added rigs were all in oil drilling. That count stands at 863.

Texas lost four rigs while Alaska and Utah lost two. Those were offset by rig gains of four in New Mexico, three in North Dakota, and two in Louisiana.

The Permian Basin oil field in West Texas and Eagle Ford Shale oil field in South Texas both gained one rig. The Cana Woodford field in Oklahoma lost six rigs, falling to 68.

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

Related stocks: Keppel Corp, Sembcorp Marine & Cosco.

OKP - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/15/17	DBS Vickers	OKP	0.395	0.45	Not Rated	PER11x FY17
06/28/17	Amfrasers	OKP	0.445	0.52	Buy	PER11x FY17
07/17/17	Amfrasers	OKP	0.395	0.39	Hold
02/20/18	Amfrasers	OKP	0.35	0.39	Hold

OCBC Bank - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/03/17	DMG & Partners	OCBC	8.92	8.81	Neutral
01/03/17	UOB Kay Hian	OCBC	8.92	10.45	Buy
01/04/17	Kim Eng	OCBC	8.98	7.4	Sell
01/06/17	UOB Kay Hian	OCBC	9.18	10.65	Buy	GGM, PB1.2x FY17
01/11/17	DIR	OCBC	9.35	11	Buy
01/11/17	UBS	OCBC	9.35	10.3	Buy
02/02/17	Lim & Tan	OCBC	9.48	0	Hold
02/03/17	CIMB	OCBC	9.45	8.18	Reduce
02/06/17	Macquarie	OCBC	9.42	10	Outperform
02/08/17	UOB Kay Hian	OCBC	9.66	10.65	Buy
02/14/17	Lim & Tan	OCBC	9.75	0	Take profit/Sell	Buy @ $8.49
02/15/17	CIMB	OCBC	9.43	8.83	Reduce	GGM, PB0.98x CY17
02/15/17	Credit Suisse	OCBC	9.43	10.5	Outperform
02/15/17	DBS Vickers	OCBC	9.43	10.3	Hold	GGM, PB1.1x FY17
02/15/17	DIR	OCBC	9.43	11	Buy	GGM, PB1.23x
02/15/17	DMG & Partners	OCBC	9.43	8.9	Neutral	GGM, PB1x FY17
02/15/17	Kim Eng	OCBC	9.43	8.05	Sell	PB0.9x FY17
02/15/17	UOB Kay Hian	OCBC	9.43	10.75	Buy	GGM, PB1.19x FY17
02/16/17	phillip	OCBC	9.45	8.48	Reduce	PB0.95x FY17
03/02/17	UOB Kay Hian	OCBC	9.53	10.75	Buy	GGM, PB1.19x FY17
03/03/17	CIMB	OCBC	9.51	8.83	Reduce
03/03/17	Jefferies	OCBC	9.51	8	Underperform
03/06/17	Macquarie	OCBC	9.49	10	Outperform
03/21/17	DMG & Partners	OCBC	9.63	8.9	Neutral	GGM, PB1x FY17
03/21/17	Kim Eng	OCBC	9.63	8.05	Sell
04/03/17	Kim Eng	OCBC	9.72	8.05	Sell
04/12/17	UOB Kay Hian	OCBC	9.59	10.75	Buy	GGM, PB1.19x FY17
04/18/17	DIR	OCBC	9.59	11	Buy
04/25/17	CIMB	OCBC	9.64	8.83	Reduce
04/25/17	Sanford C Bernstein	OCBC	9.64	10.95	Outperform
05/09/17	DMG & Partners	OCBC	10.3	8.9	Neutral
05/09/17	Lim & Tan	OCBC	10.3	0	Hold
05/09/17	UBS	OCBC	10.3	10.4	Neutral
05/11/17	CIMB	OCBC	10.46	9.94	Hold	GGM, PB1.1x CY17
05/11/17	Credit Suisse	OCBC	10.46	11.1	Outperform
05/11/17	DBS Vickers	OCBC	10.46	10.3	Hold	GGM, PB1.1x FY17
05/11/17	DIR	OCBC	10.46	11	Hold	GGM, PB1.22x FY17
05/11/17	DMG & Partners	OCBC	10.46	10.22	Neutral
05/11/17	Kim Eng	OCBC	10.46	9.85	Hold	PB1.1x FY17
05/11/17	Macquarie	OCBC	10.46	10	Outperform	PB1.19x
05/11/17	phillip	OCBC	10.46	8.48	Reduce	PB0.95x FY17
05/11/17	UOB Kay Hian	OCBC	10.46	11.7	Buy	GGM, PB1.3x FY17
05/23/17	Jefferies	OCBC	10.3	10.5	Hold
06/08/17	UOB Kay Hian	OCBC	10.58	11.7	Buy
06/14/17	Kim Eng	OCBC	10.74	9.85	Hold	PB1.1x FY18
06/28/17	DMG & Partners	OCBC	10.73	10.15	Neutral
06/28/17	UOB Kay Hian	OCBC	10.73	11.7	Buy	GGM, PB1.3x FY17
07/03/17	Kim Eng	OCBC	10.79	9.85	Hold
07/04/17	UOB Kay Hian	OCBC	10.72	13	Buy	GGM, PB1.36x FY18
07/12/17	Credit Suisse	OCBC	10.79	10.9	Neutral
07/27/17	Lim & Tan	OCBC	11.25	0	Hold
07/27/17	UBS	OCBC	11.25	11.3	Neutral
07/28/17	Macquarie	OCBC	11.49	10.4	Neutral	GGM, PB1.27x FY18
07/28/17	phillip	OCBC	11.49	10.81	Neutral	GGM, PB1.2x
07/28/17	DIR	OCBC	11.49	11.5	Hold	GGM, PB1.24x
07/28/17	UOB Kay Hian	OCBC	11.49	13.38	Buy	GGM, PB1.39x FY18
07/28/17	DMG & Partners	OCBC	11.49	10.96	Neutral	GGM, PB1.16x FY17
07/28/17	CIMB	OCBC	11.49	11.98	Hold	GGM, PB1.3x CY17
07/28/17	DBS Vickers	OCBC	11.49	12.8	Buy	GGM, PB1.3x FY18
08/07/17	UOB Kay Hian	OCBC	11.21	13.38	Buy
08/18/17	Macquarie	OCBC	11.14	10.4	Neutral
08/22/17	Kim Eng	OCBC	11.02	11.05	Hold	GGM, PB1.1x FY18
08/23/17	Macquarie	OCBC	11.07	12.2	Outperform
08/23/17	DBS Vickers	OCBC	11.07	12.8	Buy
08/23/17	Deutsche	OCBC	11.07	11.5	Hold
09/12/17	DMG & Partners	OCBC	10.92	10.96	Neutral	PB1.1x FY18
09/18/17	phillip	OCBC	10.95	10.81	Neutral
09/18/17	Kim Eng	OCBC	10.95	11.05	Hold
09/20/17	DBS Vickers	OCBC	11	12.8	Buy	GGM, PB1.3x FY18
09/20/17	Credit Suisse	OCBC	11	10.9	Neutral
09/20/17	Macquarie	OCBC	11	12.2	Outperform
10/06/17	UOB Kay Hian	OCBC	11.25	13.38	Buy	GGM, PB1.39x FY18
10/09/17	DIR	OCBC	11.37	11.5	Hold
10/09/17	DBS Vickers	OCBC	11.37	12.8	Buy	GGM, PB1.3x FY18
10/09/17	Credit Suisse	OCBC	11.37	11.6	Neutral
10/20/17	phillip	OCBC	11.44	11.95	Accumulate
10/23/17	Macquarie	OCBC	11.49	12.2	Outperform
10/25/17	DBS Vickers	OCBC	11.46	12.8	Buy
10/27/17	UOB Kay Hian	OCBC	11.57	13.56	Buy	GGM, PB1.44x FY18
10/27/17	phillip	OCBC	11.57	13.48	Buy	GGM, PB1.44x FY18
10/27/17	CIMB	OCBC	11.57	12.6	Add	GGM, PB1.29x FY18
10/27/17	DBS Vickers	OCBC	11.57	13.5	Buy	GGM, PB1.3x Fy18
10/27/17	Lim & Tan	OCBC	11.57	0	Buy
10/27/17	Credit Suisse	OCBC	11.57	11.7	Neutral
10/27/17	Kim Eng	OCBC	11.57	12	Hold	PB1.2x
10/27/17	UBS	OCBC	11.57	12.2	Neutral
11/01/17	UOB Kay Hian	OCBC	11.9	13.56	Buy	GGM, PB1.44x FY18
11/01/17	Deutsche	OCBC	11.9	12.3	Hold
11/20/17	Credit Suisse	OCBC	11.65	12.6	Neutral
11/20/17	CIMB	OCBC	11.65	12.6	Add
11/23/17	DBS Vickers	OCBC	12.01	13.5	Buy	GGM, PB1.3x FY18
12/01/17	UOB Kay Hian	OCBC	12.45	13.56	Buy	GGM, PB1.44x FY18
12/08/17	phillip	OCBC	12.12	13.48	Buy
12/08/17	Jefferies	OCBC	12.12	14	Buy
12/20/17	CIMB	OCBC	12.25	12.6	Add
01/02/18	UOB Kay Hian	OCBC	12.39	13.56	Buy	GGM, PB1.44x FY18
01/05/18	DBS Vickers	OCBC	12.95	14	Buy	GGM, PB1.4x FY18
01/05/18	UOB Kay Hian	OCBC	12.95	14.88	Buy	GGM, PB1.58x FY18
01/09/18	Deutsche	OCBC	12.99	13.6	Hold
01/10/18	phillip	OCBC	12.91	13.48	Buy
02/03/18	UOB Kay Hian	OCBC	12.26	14.88	Buy
02/05/18	Macquarie	OCBC	12.81	14	Outperform
02/12/18	phillip	OCBC	12.19	13.48	Buy
02/15/18	UOB Kay Hian	OCBC	12.26	14.9	Buy	GGM, PB1.56x FY18
02/15/18	Kim Eng	OCBC	12.26	13.5	Hold	PB1.4x FY18
02/15/18	Credit Suisse	OCBC	12.26	14.7	Outperform
02/15/18	CIMB	OCBC	12.26	14	Add	GGM, PB1.4x FY18, PER11.7x FY19
02/15/18	Jefferies	OCBC	12.26	14	Buy
02/15/18	DBS Vickers	OCBC	12.26	14	Buy	GGM, PB1.4x FY18
02/22/18	UBS	OCBC	13	14.5	Buy
02/22/18	phillip	OCBC	13	13.94	Buy	GGM, PB1.46x
03/02/18	UOB Kay Hian	OCBC	13.21	14.9	Buy
03/08/18	UOB Kay Hian	OCBC	13.21	14.95	Buy	GGM, PB1.54x FY18
03/20/18	Kim Eng	OCBC	13.18	14.83	Buy
03/22/18	Lim & Tan	OCBC	13.42	0	Buy
04/03/18	UOB Kay Hian	OCBC	12.77	14.95	Buy
04/16/18	Credit Suisse	OCBC	13.08	15.75	Buy
04/20/18	UOB Kay Hian	OCBC	13.74	16.02	Buy	GGM, PB1.64x FY18
04/20/18	CIMB	OCBC	13.74	15	Add	GGM, PB1.5x FY18
04/27/18	DBS Vickers	OCBC	13.76	15.3	Buy	GGM, PB1.5x FY18
05/03/18	UOB Kay Hian	OCBC	13.86	16.02	Buy
05/08/18	Macquarie	OCBC	13.17	14.5	Outperform
05/08/18	CIMB	OCBC	13.17	14	Hold	GGM, PB1.5x FY18
05/08/18	UOB Kay Hian	OCBC	13.17	16.5	Buy	GGM, PB1.66x FY18
05/08/18	Credit Suisse	OCBC	13.17	15.1	Outperform
05/08/18	DBS Vickers	OCBC	13.17	15.3	Buy	GGM, PB1.5x FY18
05/08/18	Deutsche	OCBC	13.17	14	Hold
05/09/18	phillip	OCBC	13.08	14.9	Accumulate	GGM, PB1.6x FY18
05/09/18	Kim Eng	OCBC	13.08	14.6	Buy	GGM, PB1.5x FY18
06/01/18	UOB Kay Hian	OCBC	12.54	16.5	Buy	GGM, PB1.68 FY18
06/04/18	phillip	OCBC	12.53	14.9	Accumulate
06/26/18	UOB Kay Hian	OCBC	11.6	14.28	Buy	GGM, PER1.46x FY18
07/02/18	phillip	OCBC	11.64	14.9	Accumulate
07/03/18	UOB Kay Hian	OCBC	11.51	14.28	Buy
07/06/18	DBS Vickers	OCBC	11.5	12.2	Hold