https://www.firstpost.com/world/thailands-move-on-kra-canal-alarms-new-delhi-as-route-will-boost-chinese-naval-power-in-indian-ocean-5507121.html
https://larouchepub.com/pr/2018/181110_india_rpt_kra_canal.html
What's the possibility of the Kra Canal project?
We had analyzed the Kra Canal project previously below. Therefore, we'll just add on to our previous analysis in this post.
http://sg-stock.blogspot.com/2017/11/thailand-has-just-lost-many-golden.html
The Thai generals are very interested in the Kra Canal project because of the employment and economic benefits that it can bring to Thailand. It is estimated that the Kra Canal project can bring in US$10b per year for Thailand and Thailand can recover the construction cost of US$30b in just 3 years. As we had stated previously, Thailand had lost the golden opportunity to earn multi-billion of revenues by not having the Kra Canal project.
The times have changed because Thailand needs China to make this Kra Canal Project viable rather than China needs Thailand for its strategic purpose. Why? This is because China can develop its Arctic sea lane now.
http://sg-stock.blogspot.com/2017/08/ship-can-sail-through-arctic-now.html
http://sg-stock.blogspot.com/2017/04/new-arctic-shipping-route.html
Thailand needs China for the following:
Financing
Engineering
Cargo volume
China can provide the aforesaid assistance to Thailand that no other country can provide. First of all, China can use the AIIB to provide the financing to Thailand for the project. Then, China has the engineering capabilities to construct such a project. As we've seen in recent years, China had built South China Sea islands and the HK-Zhuhai-Macau bridge that marveled other countries.
http://sg-stock.blogspot.com/2018/08/hong-kong-zhuhai-macau-bridge-will-open.html
Lastly, close to 80% of the cargo ships plying the Strait of Malacca are from China. Therefore, Thailand has to let China take a majority stake in the Kra Canal project if it wants to make the project viable. Without China, this project has a low success rate because China can bypass the Kra Canal by using the Myanmar port. Thailand has to learn from Panama's lesson. Panama also involved China because China had become a major customer.
http://sg-stock.blogspot.com/2018/11/china-and-myanmar-have-signed-port-deal.html
http://www.ejinsight.com/20170615-why-panama-needs-to-befriend-china/
In conclusion, Thailand has to entice China by giving it a majority stake in exchange for the aforesaid assistance to make the project viable because China can divert its resources to develop the Arctic sea lane. Once Thailand becomes a sea hub, it also will become a financial hub because of the gargantuan international trading activities that come with it.
Needless to say, this Kra Canal project will destroy Singapore sea hub status and affect our financial hub too.
Sunday, November 18, 2018
Saturday, November 17, 2018
Baltic dry index - 1031
Today, Friday, November 16 2018, the Baltic Dry Index climbed by 11 points, reaching 1031 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 - 1082
The US drilling rig count is up 1 unit to 1,082 rigs working for the week ended Nov. 16, according to Baker Hughes data. The count is up 167 units from the 915 rigs working this time a year ago.
At 1,058 rigs working, an additional unit was drilling on land week-over-week. Offshore units also were up by 1 to reach 22 rigs working, while those drilling in inland waters dropped a single unit to 2 rigs working for the week.
US oil-directed rigs were up 2 units from last week to 888 units working, and up from the 738 rigs drilling for oil this week a year ago. Gas-directed rigs were down a single unit at 194, and up from the 177 units drilling for gas a year ago.
Among the major oil and gas-producing states, Texas and Pennsylvania were the only two states to see a week-over-week increase. The rig count in Texas was up 3 units to reach 535 rigs running, while Pennsylvania saw a single-unit gain to reach 46.
Eight states were unchanged this week: Louisiana, 65; North Dakota, 55; Colorado, 34; Wyoming, 30; California, 15; West Virginia, 13; Alaska, 6; and Utah, 5.
Oklahoma dropped 2 units to 146, and Ohio dropped a single unit to 16.
Canada gained a single rig for the week. With 197 rigs running, the count is less than the 208 units drilling this week a year ago. The additional rig is oil-directed, bringing the count to 118 rigs for the week. Gas-directed rigs in Canada remained unchanged at 79 units.
===========================
Related stocks: Keppel Corp, Sembcorp Marine & Cosco.
Friday, November 16, 2018
Malaysia and Thailand economies are slowing down.
https://www.marketscreener.com/news/Malaysia-s-Economic-Growth-Slows-More-Than-Expected-as-GDP-Expands-4-4-on-Year--27617096/
https://sg.finance.yahoo.com/news/thailand-third-quarter-growth-seen-slowing-tourism-exports-074439765--finance.html
The Malaysia and Thailand economies are having diminishing growth.
Let's take a snapshot of Asian economies.
Japan - Slowdown
Hong Kong - Slowdown
Malaysia - Slowdown
Thailand - Slowdown
China - Slowdown
Europe is also having a slowdown. Sigh!
https://sg.finance.yahoo.com/news/thailand-third-quarter-growth-seen-slowing-tourism-exports-074439765--finance.html
The Malaysia and Thailand economies are having diminishing growth.
Let's take a snapshot of Asian economies.
Japan - Slowdown
Hong Kong - Slowdown
Malaysia - Slowdown
Thailand - Slowdown
China - Slowdown
Europe is also having a slowdown. Sigh!
Powermatic - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
03/06/18 | CIMB | Powermatic | 1.39 | 2.58 | Add | Sum of parts, PER12.8x FY19 |
Perennial Reit - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
02/09/17 | CIMB | Perennial Reit | 0.81 | 1.08 | Add | RNAV (40% discount) |
02/09/17 | DBS Vickers | Perennial Reit | 0.81 | 1.05 | Buy | RNAV (50% discount) |
05/09/17 | DBS Vickers | Perennial Reit | 0.855 | 1.05 | Buy | RNAV (50% discount) |
07/14/17 | DBS Vickers | Perennial Reit | 0.885 | 1.05 | Buy | RNAV (50% discount) |
08/01/17 | DBS Vickers | Perennial Reit | 0.88 | 1.05 | Buy | RNAV (50% discount) |
11/09/17 | DBS Vickers | Perennial Reit | 0.88 | 1.05 | Buy | RNAV (50% discount) |
01/04/18 | DBS Vickers | Perennial Reit | 0.88 | 1.05 | Buy | |
02/09/18 | CIMB | Perennial Reit | 0.835 | 1.12 | Add | |
02/12/18 | DBS Vickers | Perennial Reit | 0.835 | 1.05 | Buy | RNAV (50% discount) |
03/13/18 | CIMB | Perennial Reit | 0.855 | 1.18 | Add | RNAV (40% discount) |
03/14/18 | DBS Vickers | Perennial Reit | 0.875 | 1.05 | Buy | |
04/06/18 | DBS Vickers | Perennial Reit | 0.855 | 1.05 | Buy | |
05/10/18 | CIMB | Perennial Reit | 0.86 | 1.18 | Add | RNAV (40% discount) |
08/06/18 | DBS Vickers | Perennial Reit | 0.805 | 1.05 | Buy | RNAV (50% discount) |
08/07/18 | CIMB | Perennial Reit | 0.805 | 0.99 | Add | RNAV (50% discount) |
11/09/18 | DBS Vickers | Perennial Reit | 0.685 | 0.83 | Buy | RNAV (55% discount) |
PEC - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
02/21/17 | Amfraserss | PEC | 0.595 | 0.73 | Buy | |
03/06/17 | DBS Vickers | PEC | 0.64 | 0.73 | Not Rated |
Stock calls for 16 November 2018
Date | Analyst | Company | Last | Target | Call | Valuation |
11/16/18 | CIMB | Capitamall Trust | 2.13 | 2.28 | Add | DDM |
11/16/18 | phillip | CNMC | 0.22 | 0.29 | Buy | DCF |
11/16/18 | CIMB | Frasers Centrepoint Trust | 2.15 | 2.35 | Add | DDM |
11/16/18 | phillip | HMI | 0.545 | 0.77 | Buy | DCF |
11/16/18 | DBS Vickers | Keppel Infrastructure | 0.46 | 0.58 | Buy | DDM |
11/16/18 | Lim & Tan | Keppel Infrastructure | 0.46 | 0 | Hold | |
11/16/18 | CIMB | Mapletree Commercial | 1.62 | 1.67 | Add | DDM |
11/16/18 | CIMB | SPH Reit | 1 | 1.01 | Hold | DDM |
11/16/18 | OCBC | Wilmar | 3.22 | 3.42 | Hold | PER12.5x |
11/16/18 | DBS Vickers | Wilmar | 3.22 | 3.59 | Buy | DCF |
11/16/18 | DMG & Partners | Wilmar | 3.22 | 3.69 | Buy |
Singapore NODX grew 8.3% in October 2018.
Year on year changes (YOY):
October 2018: 8.3%
September 2018: 8.3%
August 2018: 5%
July 2018: 11.8% (Corrected)
June 2018: 1.1%
May 2018: 15.5%
April 2018: 11.8%
March 2018: -2.7%
February 2018: -5.9%
January 2018: 13%
December 2017: 3.1%
November 2017: 9.1%
October 2017: 20.9%
September 2017: -1.1%
August 2017: 16.7%
July 2017: 8.5%
June 2017: 8.2%
May 2017: -1.2%
Apr 2017: -0.7%
Mar 2017: 16.5%
Feb 2017: 21.1%
Jan 2017: 8.6%
May 2017: -1.2%
Apr 2017: -0.7%
Mar 2017: 16.5%
Feb 2017: 21.1%
Jan 2017: 8.6%
China fund managers don't pin hope on the US-China trade talk during G20.
https://finance.yahoo.com/news/china-fund-managers-don-apos-040240334.html
China fund managers don't have much hope for any detente for the trade war.
What say you?
Please vote in our post below.
http://sg-stock.blogspot.com/2018/11/poll-do-you-think-that-trump-and-xi.html
China fund managers don't have much hope for any detente for the trade war.
What say you?
Please vote in our post below.
http://sg-stock.blogspot.com/2018/11/poll-do-you-think-that-trump-and-xi.html
Thursday, November 15, 2018
Poll - Do you think that Trump and Xi will reach a trade deal this November 2018?
https://www.channelnewsasia.com/news/asia/china-sends-written-response-to-us-trade-reform-demands-us-govt-10934110
China has responded to US demands and will engage in a trade talk in November 2018.
Do you think that the US and China will be able to reach a trade deal in the November G20 meeting?
Please vote on the Like or Dislike box below.
Like = Yes!
Dislike = No!
China has responded to US demands and will engage in a trade talk in November 2018.
Do you think that the US and China will be able to reach a trade deal in the November G20 meeting?
Please vote on the Like or Dislike box below.
Like = Yes!
Dislike = No!
China CM-401 anti-ship missile.
Although CM-401 cannot destroy an aircraft carrier with a single missile, it can easily destroy a destroyer. Presently, China has only deployed CM-401 on the land but is still developing the CM-401 to be airborne (fighter jet) and seaborne (destroyer).
Parkway Life - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/25/17 | Lim & Tan | Parkway Life | 2.39 | 0 | Accumulate | |
01/26/17 | CIMB | Parkway Life | 2.4 | 2.58 | Add | DDM |
01/26/17 | DBS Vickers | Parkway Life | 2.4 | 2.75 | Buy | |
01/26/17 | UOB Kay Hian | Parkway Life | 2.4 | 2.5 | Hold | DDM |
02/14/17 | CIMB | Parkway Life | 2.45 | 2.58 | Add | |
03/06/17 | CIMB | Parkway Life | 2.44 | 2.58 | Add | |
03/07/17 | UOB Kay Hian | Parkway Life | 2.44 | 2.5 | Hold | |
04/11/17 | UOB Kay Hian | Parkway Life | 2.53 | 2.5 | Hold | |
04/26/17 | CIMB | Parkway Life | 2.6 | 2.71 | Add | DDM |
04/26/17 | DBS Vickers | Parkway Life | 2.6 | 2.82 | Buy | |
05/25/17 | UOB Kay Hian | Parkway Life | 2.58 | 2.82 | Buy | |
07/26/17 | CIMB | Parkway Life | 2.76 | 2.83 | Add | DDM |
07/26/17 | UOB Kay Hian | Parkway Life | 2.76 | 2.82 | Buy | DDM |
07/26/17 | Lim & Tan | Parkway Life | 2.76 | 0 | Accumulate on weakness | |
10/23/17 | UOB Kay Hian | Parkway Life | 2.79 | 2.82 | Buy | |
11/10/17 | CIMB | Parkway Life | 2.86 | 2.93 | Hold | DDM |
11/10/17 | DBS Vickers | Parkway Life | 2.86 | 3.1 | Buy | |
11/10/17 | UOB Kay Hian | Parkway Life | 2.86 | 3 | Buy | |
12/01/17 | UOB Kay Hian | Parkway Life | 2.9 | 3 | 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 | |
05/02/18 | CIMB | Parkway Life | 2.79 | 3.07 | Hold | DDM |
05/02/18 | UOB Kay Hian | Parkway Life | 2.79 | 3.32 | Buy | DDM |
05/04/18 | Lim & Tan | Parkway Life | 2.78 | 0 | Buy | |
06/20/18 | DBS Vickers | Parkway Life | 2.58 | 3.15 | Buy | |
07/26/18 | Lim & Tan | Parkway Life | 2.78 | 0 | Buy | |
07/27/18 | CIMB | Parkway Life | 2.75 | 3.05 | Hold | DDM |
07/27/18 | DBS Vickers | Parkway Life | 2.75 | 3.15 | Buy | DCF |
10/25/18 | UOB Kay Hian | Parkway Life | 2.67 | 3.15 | Buy | DDM |
10/26/18 | DBS Vickers | Parkway Life | 2.63 | 3.1 | Buy | DCF |
10/26/18 | CIMB | Parkway Life | 2.63 | 3.05 | Hold |
Pan-United - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
02/14/17 | DBS Vickers | Pan-United | 0.665 | 0.63 | Hold | Sum of parts |
05/15/17 | DBS Vickers | Pan-United | 0.69 | 0.63 | Hold | Sum of parts |
08/14/17 | DBS Vickers | Pan-United | 0.565 | 0.51 | Fully Valued | |
11/14/17 | DBS Vickers | Pan-United | 0.575 | 0.51 | Fully Valued | |
12/06/17 | DBS Vickers | Pan-United | 0.545 | 0.51 | Fully Valued | Sum of parts |
Pacific Radiance - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
02/28/17 | Amfrasers | Pacific Radiance | 0.153 | 0.17 | Hold | |
03/01/17 | DBS Vickers | Pacific Radiance | 0.153 | 0.16 | Hold | PB0.35x FY17 |
05/18/17 | DBS Vickers | Pacific Radiance | 0.12 | 0.1 | Fully Valued | PB0.2x FY17 |
05/19/17 | CIMB | Pacific Radiance | 0.115 | 0.11 | Reduce | PB0.22x FY17 |
08/15/17 | CIMB | Pacific Radiance | 0.085 | 0.073 | Reduce | PB0.15x |
08/15/17 | DBS Vickers | Pacific Radiance | 0.085 | 0.07 | Fully Valued | PB0.15x FY17 |
01/12/18 | CIMB | Pacific Radiance | 0.108 | 0.07 | Reduce |
Stock calls for 15 November 2018
Date | Analyst | Company | Last | Target | Call | Valuation |
11/15/18 | Amfrasers | Accordia Golf Trust | 0.49 | 0.61 | Hold | |
11/15/18 | OCBC | Capitaland | 3.08 | 3.96 | Buy | RNAV (20% discount) |
11/15/18 | DBS Vickers | Capitaland | 3.08 | 3.62 | Buy | RNAV (25% discount) |
11/15/18 | DMG & Partners | Capitaland | 3.08 | 4 | Buy | RNAV (20% discount) |
11/15/18 | CIMB | Capitaland | 3.08 | 3.55 | Add | RNAV (35% discount) |
11/15/18 | CIMB | Fu Yu | 0.17 | 0.17 | Hold | PB0.8x |
11/15/18 | DMG & Partners | Genting | 0.925 | 1.23 | Buy | DCF, EV/Ebitda9x |
11/15/18 | UOB Kay Hian | HMI | 0.550 | 0.77 | Buy | DCF |
11/15/18 | CIMB | HMI | 0.550 | 0.73 | Add | DCF, EV/Ebitda15.2x FY20 |
11/15/18 | DBS Vickers | Hong Leong Finance | 2.57 | 3.2 | buy | GGM, PB0.7x FY19 |
11/15/18 | CIMB | Jadason | 0.03 | 0.073 | Add | PB1x FY18 |
11/15/18 | DBS Vickers | Mermaid Maritime | 0.094 | 0.1 | Hold | PB0.5x |
11/15/18 | DBS Vickers | MM2 Asia | 0.37 | 0.5 | Buy | Sum of parts, PER16x FY19 |
11/15/18 | UOB Kay Hian | Propnex | 0.56 | 0.65 | Buy | DCF, PER10x FY19 |
11/15/18 | OCBC | SIA | 9.41 | 10.71 | Buy | PB0.85x FY19 |
11/15/18 | Lim & Tan | SIA | 9.41 | 0 | Hold | |
11/15/18 | DBS Vickers | SIIC | 0.28 | 0.32 | Hold | |
11/15/18 | DBS Vickers | ST Engineering | 3.5 | 4.15 | Buy | Sum of parts |
11/15/18 | Kim Eng | ST Engineering | 3.5 | 4.35 | Buy | DCF |
11/15/18 | CIMB | ST Engineering | 3.5 | 3.94 | Add | Sum of parts |
11/15/18 | DMG & Partners | Wilmar | 3.19 | 3.59 | Buy |
Canada has given Trump a tight slap in the face.
https://sg.finance.yahoo.com/news/trudeau-says-canada-china-eventual-free-trade-deal-050049932--business.html
The "poison" clause in the new NAFTA amongst the 3 countries (US, Mexico & Canada) doesn't allow any party to sign a FTA with a non-market economy defined under WTO and China has a non-market economy status.
Any party who signs a FTA with a non-market economy will render the new NAFTA void in 6 months time. Look like Canada is going to void the new NAFTA and piss Trump off.
The "poison" clause in the new NAFTA amongst the 3 countries (US, Mexico & Canada) doesn't allow any party to sign a FTA with a non-market economy defined under WTO and China has a non-market economy status.
Any party who signs a FTA with a non-market economy will render the new NAFTA void in 6 months time. Look like Canada is going to void the new NAFTA and piss Trump off.
Yeah! SG PM Lee has been invited to attend OBR 2019 summit by China.
https://sg.finance.yahoo.com/news/pm-lee-attend-china-apos-035508247.html
As PM Lee changes his anti-China mentality, SG-China relationship has reverted back to the good old days. PM Lee has been invited by China to attend the OBR 2019 summit.
Hopefully, SG can retake its ASEAN facilitator role back from the Philippines when SG-China relationship gets cozy again.
The chairman for ASEAN 2019 will be Thailand and Thailand is a pro-China country. Thus, I believe China-ASEAN relationship will get better in 2019.
As PM Lee changes his anti-China mentality, SG-China relationship has reverted back to the good old days. PM Lee has been invited by China to attend the OBR 2019 summit.
Hopefully, SG can retake its ASEAN facilitator role back from the Philippines when SG-China relationship gets cozy again.
The chairman for ASEAN 2019 will be Thailand and Thailand is a pro-China country. Thus, I believe China-ASEAN relationship will get better in 2019.
US-China trade war will hurt the Hong Kong economy badly.
https://sg.finance.yahoo.com/news/hong-kong-housing-prices-could-055600239.html
If HK property prices were to crash 25% as predicted in the article above, the Hang Seng Index (HSI) would crash heavily too because of the heavy property composition in the HSI.
http://sg-stock.blogspot.com/2018/10/danger-is-lurking-in-hong-kong-property.html
If HK property prices were to crash 25% as predicted in the article above, the Hang Seng Index (HSI) would crash heavily too because of the heavy property composition in the HSI.
http://sg-stock.blogspot.com/2018/10/danger-is-lurking-in-hong-kong-property.html
Wednesday, November 14, 2018
The Germany economy shrinks for the 1st time since 2015.
https://sg.finance.yahoo.com/news/german-industry-association-bdi-cuts-2018-export-forecast-094538270--sector.html
These are telltale signs that the Germany economy is slowing down.
https://sg.finance.yahoo.com/news/german-economy-shrinks-first-time-085505460.html
The Germany economy shrinks for the 1st time since 2015.
Just this week alone, Japan, HK, and Germany economies have reported a slowdown.
These are telltale signs that the Germany economy is slowing down.
https://sg.finance.yahoo.com/news/german-economy-shrinks-first-time-085505460.html
The Germany economy shrinks for the 1st time since 2015.
Just this week alone, Japan, HK, and Germany economies have reported a slowdown.
PACC Offshore - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/13/17 | DBS Vickers | PACC Offshore | 0.335 | 0.41 | Buy | |
02/22/17 | DBS Vickers | PACC Offshore | 0.365 | 0.42 | Buy | PB0.8x |
02/22/17 | OCBC | PACC Offshore | 0.365 | 0.33 | Sell | PB0.7x |
04/10/17 | DBS Vickers | PACC Offshore | 0.34 | 0.42 | Buy | |
04/12/17 | OCBC | PACC Offshore | 0.35 | 0.335 | Hold | PB0.7x |
05/08/17 | DBS Vickers | PACC Offshore | 0.32 | 0.41 | Buy | PB0.8x |
05/09/17 | OCBC | PACC Offshore | 0.325 | 0.335 | Hold | PB0.7x FY17/18 |
05/31/17 | OCBC | PACC Offshore | 0.305 | 0.325 | Hold | |
08/02/17 | DBS Vickers | PACC Offshore | 0.285 | 0.41 | Buy | PB0.8x |
11/14/17 | DBS Vickers | PACC Offshore | 0.345 | 0.41 | Buy | PB0.8x |
01/23/18 | DBS Vickers | PACC Offshore | 0.43 | 0.51 | Buy | PB1x |
02/13/18 | DBS Vickers | PACC Offshore | 0.37 | 0.51 | Buy | |
02/22/18 | DBS Vickers | PACC Offshore | 0.39 | 0.48 | Buy | PB1.4x |
04/04/18 | DBS Vickers | PACC Offshore | 0.35 | 0.32 | Hold | PB1x |
05/10/18 | DBS Vickers | PACC Offshore | 0.345 | 0.32 | Hold | PB1x FY18 |
08/10/18 | DBS Vickers | PACC Offshore | 0.305 | 0.32 | Hold | PB1x FY18 |
11/05/18 | DBS Vickers | PACC Offshore | 0.24 | 0.25 | Hold | PB0.8x FY19 |
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 | |
07/12/18 | NRA | Oxley | 0.36 | 0.435 | Overweight | |
08/27/18 | Kim Eng | Oxley | 0.35 | 0.36 | Hold | |
09/06/18 | Kim Eng | Oxley | 0.345 | 0.36 | Hold |
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 | |
07/30/18 | CIMB | OUE Hospitality | 0.825 | 0.89 | Add | DDM |
07/30/18 | DBS Vickers | OUE Hospitality | 0.825 | 0.9 | Buy | DCF |
07/31/18 | OCBC | OUE Hospitality | 0.805 | 0.79 | Hold | |
09/20/18 | OCBC | OUE Hospitality | 0.69 | 0.79 | Buy | |
09/25/18 | Deutsche | OUE Hospitality | 0.715 | 0.65 | Sell | |
10/04/18 | CIMB | OUE Hospitality | 0.72 | 0.85 | Add | |
10/10/18 | OCBC | OUE Hospitality | 0.695 | 0.79 | Buy | |
10/16/18 | DMG & Partners | OUE Hospitality | 0.69 | 0.8 | Buy | DDM |
11/08/18 | CIMB | OUE Hospitality | 0.685 | 0.82 | Add | DDM |
11/08/18 | DMG & Partners | OUE Hospitality | 0.685 | 0.8 | Buy | |
11/08/18 | DBS Vickers | OUE Hospitality | 0.685 | 0.85 | Buy | DCF |
11/09/18 | OCBC | OUE Hospitality | 0.69 | 0.79 | Buy |
Stock calls for 14 November 2018
Date | Analyst | Company | Last | Target | Call | Valuation |
11/14/18 | DMG & Partners | Amara | 0.42 | 0.88 | Buy | |
11/14/18 | DBS Vickers | APAC Realty | 0.5 | 0.56 | Hold | PER10x FY19 |
11/14/18 | OCBC | Capitaland | 3.08 | 4.09 | Buy | |
11/14/18 | phillip | China Everbright | 0.35 | 0.44 | Buy | PER8.8x |
11/14/18 | DBS Vickers | China Everbright | 0.35 | 0.475 | Buy | PER15z |
11/14/18 | DMG & Partners | Delfi | 1.19 | 1.59 | Buy | DCF |
11/14/18 | UOB Kay Hian | Golden Agri | 0.245 | 0.2 | Sell | PER11x FY19 |
11/14/18 | CIMB | Golden Agri | 0.245 | 0.23 | Reduce | Sum of parts (20% discount) |
11/14/18 | DMG & Partners | GSS Energy | 0.097 | 0.19 | Buy | Sum of parts |
11/14/18 | DBS Vickers | Sasseur | 0.68 | 0.91 | Buy | DCF |
11/14/18 | UOB Kay Hian | SIA | 9.42 | 10.4 | Hold | PB0.75x FY19, Buy @ $9.20-9.30 |
11/14/18 | DBS Vickers | SIA | 9.42 | 10.2 | Hold | PB0.85x FY19 |
11/14/18 | DMG & Partners | Silverlake | 0.41 | 0.65 | Buy | DCF |
11/14/18 | CIMB | Silverlake | 0.41 | 0.56 | Add | DCF |
11/14/18 | Macquarie | Singtel | 3.03 | 3.14 | Outperform | |
11/14/18 | DMG & Partners | UG Healthcare | 0.215 | 0.32 | Buy | PER12x FY19 |
11/14/18 | CIMB | UMS | 0.715 | 0.75 | Hold | PB1.72x |
11/14/18 | DBS Vickers | UMS | 0.715 | 0.55 | Fully Valued | PER8x FY19 |
11/14/18 | CIMB | UOL | 6.18 | 8.45 | Add | RNAV (30% discount) |
11/14/18 | OCBC | UOL | 6.18 | 8.41 | Buy | RNAV (35% discount) |
11/14/18 | Lim & Tan | UOL | 6.18 | 0 | Buy | |
11/14/18 | OCBC | Yanlord | 1.28 | 2.13 | Buy | |
11/14/18 | DBS Vickers | Yoma | 0.35 | 0.4 | Buy | RNAV (60% discount) |
Hong Kong is expected to slow down significantly!
https://sg.finance.yahoo.com/news/hong-kongs-third-quarter-gdp-growth-seen-cooling-031106075--business.html
After Japan announced its slowdown, HK is the next to declare that its economic growth will slow down significantly.
Furthermore, HK has to follow the US in hiking interest rates to contain its HKD fall since it is pegged to the USD.
A higher interest rate will cause HK to slow down further.
After Japan announced its slowdown, HK is the next to declare that its economic growth will slow down significantly.
Furthermore, HK has to follow the US in hiking interest rates to contain its HKD fall since it is pegged to the USD.
A higher interest rate will cause HK to slow down further.
US skyrocketing debt will cause the next great recession!
https://finance.yahoo.com/news/us-debt-payments-soon-exceed-160557722.html
The US economic growth is based entirely on credit and this credit bubble will burst one day. There is no way for the US government to repay its colossal debt and its citizens have virtually no savings.
However, many people still have blind faith in the USA but the day of reckoning will come. It is a matter of when, not IF. In fact, some financial head honchos are warning about this credit bubble now.
https://www.newsmax.com/finance/streettalk/blackrock-larry-fink-deficit-budget/2018/11/09/id/890133/
Just look at the federal government! The federal government is also on the verge of bankruptcy with no money to pay its own government employees.
http://sg-stock.blogspot.com/2018/01/the-us-government-has-shut-down-on.html
This federal government will face the money problem next year again.
The US economic growth is based entirely on credit and this credit bubble will burst one day. There is no way for the US government to repay its colossal debt and its citizens have virtually no savings.
However, many people still have blind faith in the USA but the day of reckoning will come. It is a matter of when, not IF. In fact, some financial head honchos are warning about this credit bubble now.
https://www.newsmax.com/finance/streettalk/blackrock-larry-fink-deficit-budget/2018/11/09/id/890133/
Just look at the federal government! The federal government is also on the verge of bankruptcy with no money to pay its own government employees.
http://sg-stock.blogspot.com/2018/01/the-us-government-has-shut-down-on.html
This federal government will face the money problem next year again.
Japan economic growth is slowing down.
https://finance.yahoo.com/news/japans-economy-contracts-natural-disasters-trade-frictions-hit-002124696--business.html
Japan's economy contracts 1.2% annually in Q3 and will continue to slow down when the US-China trade war intensifies.
The only bright spot in the world now is Asia and the western countries such as Europe and the US are dumping their goods in Asia when they cannot sell goods to China which is the largest market. Japan will also start to divert its goods to Asia when its exports to China falter since Japan is an export-oriented nation.
Many developing Asia economies are still growing at above 5% which are much higher than in Europe and the US. However, Asia won't be able to hold up the global economic growth and will also falter over time because of the slowdown in China.
Japan's economy contracts 1.2% annually in Q3 and will continue to slow down when the US-China trade war intensifies.
The only bright spot in the world now is Asia and the western countries such as Europe and the US are dumping their goods in Asia when they cannot sell goods to China which is the largest market. Japan will also start to divert its goods to Asia when its exports to China falter since Japan is an export-oriented nation.
Many developing Asia economies are still growing at above 5% which are much higher than in Europe and the US. However, Asia won't be able to hold up the global economic growth and will also falter over time because of the slowdown in China.
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