Date | Analyst | Company | Last | Target | Call | Valuation |
07/13/20 | OCBC | A-Reit | 3.26 | 3.52 | Buy | |
07/13/20 | OCBC | Capitaland | 2.91 | 3.99 | Buy | |
07/13/20 | OCBC | City Developments | 8.73 | 12.01 | Buy | |
07/13/20 | Amfrasers | EC World Reit | 0.655 | 0.73 | outperform | DDM |
07/13/20 | Kim Eng | Frencken | 0.915 | 1.2 | Buy | Roe-g/Coe-g, PB1.6x FY20 |
07/13/20 | OCBC | Mapletree North Asia | 0.945 | 1.13 | Buy | |
07/13/20 | OCBC | Netlink | 0.98 | 1.1 | Buy | |
07/13/20 | phillip | SATS | 2.88 | 1.95 | Sell | PB1.35x |
07/13/20 | UOB Kay Hian | SATS | 2.88 | 2.93 | Hold | EV/Invested capital basis |
07/13/20 | Lim & Tan | SATS | 2.88 | 0 | Avoid | |
07/13/20 | OCBC | Singtel | 2.51 | 3.24 | Buy | |
07/13/20 | OCBC | ST Engineering | 3.35 | 3.9 | Buy |
Monday, July 13, 2020
Stock calls for 13 July 2020
We need regular vaccinations to keep covid away.
https://sg.news.yahoo.com/immunity-covid-19-could-lost-163154231.html
This covid virus will change our lives now because our covid immunity is only temporary. This understanding helps to explain why some people get reinfected and tested positive again.
The biggest winners will be those pharmaceutical companies because they can sell the vaccines periodically as their bread and butter drugs. Grrr!
This covid virus will change our lives now because our covid immunity is only temporary. This understanding helps to explain why some people get reinfected and tested positive again.
The biggest winners will be those pharmaceutical companies because they can sell the vaccines periodically as their bread and butter drugs. Grrr!
Saturday, July 11, 2020
The PM-Designate Heng doesn't have a strong mandate from Singaporeans.
The oppositions have done pretty well for the 2020 GE because they've taken down 2 GRCs and 1 SMC.
What's more interesting is that the designated PM Heng has very weak support from Singaporeans.
Many SG ministers have over 60% support from Singaporeans except Heng Swee Keat (PM-Designate) and S Iswaran. who have a low 50% support. Being the designated PM after PM Lee, this is a very bad result compared to PM Lee who has over 70% support. This shows that many Singaporeans do not have faith in Heng. Maybe PM Lee should reconsider his choice for the next PM.
What's more interesting is that the designated PM Heng has very weak support from Singaporeans.
Many SG ministers have over 60% support from Singaporeans except Heng Swee Keat (PM-Designate) and S Iswaran. who have a low 50% support. Being the designated PM after PM Lee, this is a very bad result compared to PM Lee who has over 70% support. This shows that many Singaporeans do not have faith in Heng. Maybe PM Lee should reconsider his choice for the next PM.
Singaporeans have spoken - We don't want a one-party system here!
http://sg-stock.blogspot.com/2020/06/no-need-to-vote-indranee-rajah-into-our.html
The oppositions have garnered 2 GRCs and 1 SMC for the 2020 GE.
Thank you to all my viewers who have supported and responded to my calling not to allow a one-party political structure in SG. We have managed to increase our opposition members to 10 now. Cheers!
The oppositions have garnered 2 GRCs and 1 SMC for the 2020 GE.
Thank you to all my viewers who have supported and responded to my calling not to allow a one-party political structure in SG. We have managed to increase our opposition members to 10 now. Cheers!
Friday, July 10, 2020
The southern hemisphere must brace for a possible major covid outbreak from June to August 2020. Why? - Part 4
https://www.theguardian.com/world/2020/jul/09/south-africa-warns-of-coronavirus-storm-as-outbreak-accelerates-across-continent
We've predicted correctly again!
http://sg-stock.blogspot.com/2020/04/the-southern-hemisphere-must-brace-for_24.html
We had stated in April 2020 that there would be a major COVID outbreak in South Africa from June to August 2020. The COVID statistics have spiked by 24% in a week!
South Africa is moving up the list now.
We've predicted correctly again!
http://sg-stock.blogspot.com/2020/04/the-southern-hemisphere-must-brace-for_24.html
We had stated in April 2020 that there would be a major COVID outbreak in South Africa from June to August 2020. The COVID statistics have spiked by 24% in a week!
South Africa is moving up the list now.
1/3 (32%) of Americans couldn't pay their housing payments!
https://www.dailymail.co.uk/news/article-8503795/One-American-families-missed-July-housing-payments-amid-coronavirus-crisis.html
We told you before that the US employment data was fudged by the US government. If the US employment data was true, there wouldn't be so many Americans (32%) who couldn't pay their housing payments.
http://sg-stock.blogspot.com/2020/06/the-latest-us-unemployment-data-is.html
We told you before that the US employment data was fudged by the US government. If the US employment data was true, there wouldn't be so many Americans (32%) who couldn't pay their housing payments.
http://sg-stock.blogspot.com/2020/06/the-latest-us-unemployment-data-is.html
US CMBS is in a precarious situation now! - Part 3
https://www.fitchratings.com/research/structured-finance/coronavirus-sparks-largest-ever-rate-jump-in-us-cmbs-delinquencies-06-07-2020
We warned about US CMBS in May 2020 when we saw that the transaction volume dropped significantly.
http://sg-stock.blogspot.com/2020/05/us-cmbs-is-in-precarious-situation-now.html
http://sg-stock.blogspot.com/2020/05/us-cmbs-is-in-precarious-situation-now_22.html
The CMBS delinquencies have spiked tremendously now!
When we tell you something, you better listen. Another BIG financial crisis is brewing right now!
We warned about US CMBS in May 2020 when we saw that the transaction volume dropped significantly.
http://sg-stock.blogspot.com/2020/05/us-cmbs-is-in-precarious-situation-now.html
http://sg-stock.blogspot.com/2020/05/us-cmbs-is-in-precarious-situation-now_22.html
The CMBS delinquencies have spiked tremendously now!
When we tell you something, you better listen. Another BIG financial crisis is brewing right now!
Thursday, July 9, 2020
Centurion - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
08/15/19 | DMG & Partners | Centurion | 0.41 | 0.43 | Neutral | DCF |
10/07/19 | DMG & Partners | Centurion | 0.4 | 0.43 | Neutral | DCF |
10/25/19 | DBS Vickers | Centurion | 0.41 | 0.52 | Buy | DCF |
11/14/19 | DMG & Partners | Centurion | 0.42 | 0.43 | Neutral | DCF |
11/14/19 | DBS Vickers | Centurion | 0.42 | 0.52 | Buy | DCF |
12/17/19 | DMG & Partners | Centurion | 0.435 | 0.47 | Neutral | DCF |
01/08/20 | CIMB | Centurion | 0.44 | 0.61 | Add | DCF |
03/02/20 | DMG & Partners | Centurion | 0.445 | 0.49 | Neutral | DCF |
03/02/20 | DBS Vickers | Centurion | 0.445 | 0.53 | Buy | DCF |
03/18/20 | CIMB | Centurion | 0.39 | 0.58 | Add | DCF |
03/30/20 | DBS Vickers | Centurion | 0.395 | 0.41 | Hold | DCF |
04/13/20 | CIMB | Centurion | 0.385 | 0.58 | Add | |
04/22/20 | DBS Vickers | Centurion | 0.38 | 0.41 | Hold | DCF |
04/29/20 | DMG & Partners | Centurion | 0.385 | 0.41 | Neutral | DCF |
05/18/20 | DBS Vickers | Centurion | 0.375 | 0.42 | Hold | DCF |
CDL Hospitality - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
07/04/19 | DMG & Partners | CDL Hospitality | 1.66 | 1.77 | Buy | |
07/15/19 | UOB Kay Hian | CDL Hospitality | 1.65 | 2.06 | Buy | |
07/31/19 | OCBC | CDL Hospitality | 1.66 | 1.56 | Hold | |
07/31/19 | DMG & Partners | CDL Hospitality | 1.66 | 1.79 | Buy | DDM |
07/31/19 | CIMB | CDL Hospitality | 1.66 | 1.92 | Add | |
07/31/19 | DBS Vickers | CDL Hospitality | 1.66 | 1.8 | Buy | DCF |
08/27/19 | UOB Kay Hian | CDL Hospitality | 1.58 | 2.06 | Buy | |
09/11/19 | DMG & Partners | CDL Hospitality | 1.63 | 1.79 | Buy | |
09/19/19 | CIMB | CDL Hospitality | 1.62 | 1.92 | Add | |
09/19/19 | Kim Eng | CDL Hospitality | 1.62 | 1.8 | Buy | |
10/01/19 | UOB Kay Hian | CDL Hospitality | 1.64 | 2.06 | Buy | |
10/02/19 | DMG & Partners | CDL Hospitality | 1.63 | 1.79 | Buy | |
10/09/19 | DBS Vickers | CDL Hospitality | 1.64 | 1.8 | Buy | |
10/31/19 | DMG & Partners | CDL Hospitality | 1.63 | 1.78 | Buy | DDM |
10/31/19 | Kim Eng | CDL Hospitality | 1.63 | 1.8 | Buy | DDM |
10/31/19 | UOB Kay Hian | CDL Hospitality | 1.63 | 2.05 | Buy | |
11/04/19 | CIMB | CDL Hospitality | 1.64 | 1.83 | Add | |
11/04/19 | OCBC | CDL Hospitality | 1.64 | 1.69 | Buy | |
11/12/19 | UOB Kay Hian | CDL Hospitality | 1.58 | 2.05 | Buy | DDM |
11/21/19 | Kim Eng | CDL Hospitality | 1.59 | 1.8 | Buy | |
11/22/19 | DMG & Partners | CDL Hospitality | 1.59 | 1.78 | Buy | DDM |
11/25/19 | DBS Vickers | CDL Hospitality | 1.58 | 1.8 | Buy | |
11/26/19 | Kim Eng | CDL Hospitality | 1.6 | 1.8 | Buy | |
12/10/19 | DMG & Partners | CDL Hospitality | 1.63 | 1.78 | Buy | |
01/08/20 | DMG & Partners | CDL Hospitality | 1.63 | 1.78 | Buy | |
01/14/20 | DBS Vickers | CDL Hospitality | 1.64 | 1.8 | Buy | |
01/31/20 | DMG & Partners | CDL Hospitality | 1.56 | 1.62 | Neutral | DDM |
01/31/20 | DBS Vickers | CDL Hospitality | 1.56 | 1.75 | Buy | DCF |
02/03/20 | OCBC | CDL Hospitality | 1.56 | 1.62 | Hold | |
02/03/20 | Kim Eng | CDL Hospitality | 1.56 | 1.75 | Buy | |
02/03/20 | UOB Kay Hian | CDL Hospitality | 1.56 | 1.89 | Buy | |
02/04/20 | DBS Vickers | CDL Hospitality | 1.56 | 1.75 | Buy | |
02/13/20 | CIMB | CDL Hospitality | 1.51 | 1.5 | Hold | PB1x |
02/19/20 | OCBC | CDL Hospitality | 1.5 | 1.62 | Buy | |
03/16/20 | OCBC | CDL Hospitality | 1.12 | 1.09 | Hold | |
04/20/20 | DMG & Partners | CDL Hospitality | 0.955 | 1.03 | Neutral | DDM |
04/21/20 | DBS Vickers | CDL Hospitality | 0.95 | 1.3 | Buy | DCF |
04/27/20 | UOB Kay Hian | CDL Hospitality | 0.895 | 1.32 | Buy | DDM |
06/01/20 | DBS Vickers | CDL Hospitality | 0.95 | 1.3 | Buy | |
06/09/20 | CIMB | CDL Hospitality | 1.19 | 1.31 | Add | |
06/23/20 | DMG & Partners | CDL Hospitality | 1.09 | 1.03 | Neutral |
Stock calls for 9 July 2020
Date | Analyst | Company | Last | Target | Call | Valuation |
07/09/20 | DMG & Partners | A-Reit | 3.3 | 3 | Neutral | DDM |
07/09/20 | DBS Vickers | ARA Logistics | 0.595 | 0.7 | Buy | |
07/09/20 | DBS Vickers | Keppel Reit | 1.1 | 1.35 | Buy | |
07/09/20 | DBS Vickers | Mapletree Commercial | 1.99 | 2.25 | Buy | |
07/09/20 | CIMB | Riverstone | 3.3 | 3.9 | Add | |
07/09/20 | Amfrasers | Silverlake | 0.25 | 0.3 | outperform | |
07/09/20 | DBS Vickers | Soilbuild Reit | 0.41 | 0.5 | Buy | |
07/09/20 | Lim & Tan | Tiong Woon | 0.375 | 0 | Accumlate | |
07/09/20 | CIMB | UG Healthcare | 1.8 | 2.1 | Add |
Trump's aides are desperate in fighting for their jobs. - Part 2
https://www.marketwatch.com/story/why-currency-traders-dont-believe-trump-administration-will-pursue-a-proposal-to-break-hong-kong-dollar-peg-2020-07-08?siteid=yhoof2&yptr=yahoo
Most analysts agree with our opinion below. We've been proven right again!
http://sg-stock.blogspot.com/2020/07/trumps-aides-are-desperate-in-fighting.html
The bottom line is there is nothing the US government can do to de-peg the US-HK peg because only the HK government can do it.
Most analysts agree with our opinion below. We've been proven right again!
http://sg-stock.blogspot.com/2020/07/trumps-aides-are-desperate-in-fighting.html
The bottom line is there is nothing the US government can do to de-peg the US-HK peg because only the HK government can do it.
Wednesday, July 8, 2020
CapitaRetail China - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
07/22/19 | Phillip | CapitaRetail China | 1.59 | 1.66 | Accumulate | |
08/01/19 | OCBC | CapitaRetail China | 1.59 | 1.45 | Hold | |
08/01/19 | DBS Vickers | CapitaRetail China | 1.59 | 1.8 | Buy | |
08/02/19 | Amfrasers | CapitaRetail China | 1.55 | 1.68 | Outperform | |
08/26/19 | Phillip | CapitaRetail China | 1.54 | 1.66 | Accumulate | |
09/24/19 | Phillip | CapitaRetail China | 1.53 | 1.66 | Accumulate | |
10/18/19 | Phillip | CapitaRetail China | 1.53 | 1.66 | Accumulate | |
10/29/19 | DBS Vickers | CapitaRetail China | 1.55 | 1.8 | Buy | |
11/01/19 | Amfrasers | CapitaRetail China | 1.52 | 1.74 | Outperform | |
11/01/19 | OCBC | CapitaRetail China | 1.52 | 1.62 | Buy | |
11/25/19 | Phillip | CapitaRetail China | 1.55 | 1.66 | Accumulate | |
02/10/20 | OCBC | CapitaRetail China | 1.52 | 1.57 | Hold | |
02/10/20 | DBS Vickers | CapitaRetail China | 1.52 | 1.75 | Buy | |
02/18/20 | Amfrasers | CapitaRetail China | 1.51 | 1.66 | Outperform | |
03/10/20 | Amfrasers | CapitaRetail China | 1.37 | 1.66 | Outperform | |
03/13/20 | Phillip | CapitaRetail China | 1.3 | 1.66 | Accumulate | |
04/14/20 | DBS Vickers | CapitaRetail China | 1.32 | 1.55 | Buy | |
06/03/20 | DBS Vickers | CapitaRetail China | 1.38 | 1.55 | Buy |
Capitamall Trust - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
07/04/19 | DMG & Partners | Capitamall Trust | 2.71 | 2.2 | Neutral | |
07/04/19 | DBS Vickers | Capitamall Trust | 2.71 | 2.95 | Buy | |
07/22/19 | Phillip | Capitamall Trust | 2.64 | 2.36 | Neutral | |
07/23/19 | Lim & Tan | Capitamall Trust | 2.6 | 0 | Hold | |
07/24/19 | UOB Kay Hian | Capitamall Trust | 2.64 | 2.65 | Hold | DDM, Buy @ $2.42 |
07/24/19 | OCBC | Capitamall Trust | 2.64 | 2.51 | Hold | |
07/24/19 | Kim Eng | Capitamall Trust | 2.64 | 2.6 | Hold | DDM |
07/24/19 | DMG & Partners | Capitamall Trust | 2.64 | 2.38 | Neutral | DDM |
07/24/19 | CIMB | Capitamall Trust | 2.64 | 2.6 | Hold | DDM |
07/25/19 | Phillip | Capitamall Trust | 2.62 | 2.68 | Neutral | DDM, PB1.09x |
08/26/19 | Phillip | Capitamall Trust | 2.64 | 2.68 | Neutral | |
09/24/19 | Phillip | Capitamall Trust | 2.62 | 2.68 | Neutral | |
10/18/19 | Phillip | Capitamall Trust | 2.63 | 2.68 | Neutral | DDM |
10/22/19 | UOB Kay Hian | Capitamall Trust | 2.65 | 2.88 | Buy | DDM, PB1.35x |
10/22/19 | OCBC | Capitamall Trust | 2.65 | 2.73 | Hold | |
10/22/19 | DMG & Partners | Capitamall Trust | 2.65 | 2.38 | Neutral | DDM |
10/22/19 | DBS Vickers | Capitamall Trust | 2.65 | 2.85 | Buy | |
10/23/19 | CIMB | Capitamall Trust | 2.62 | 2.64 | Hold | DDM |
11/25/19 | Phillip | Capitamall Trust | 2.49 | 2.68 | Neutral | |
12/10/19 | DMG & Partners | Capitamall Trust | 2.52 | 2.38 | Neutral | DDM |
01/23/20 | UOB Kay Hian | Capitamall Trust | 2.59 | 2.88 | Buy | |
01/24/20 | Phillip | Capitamall Trust | 2.57 | 2.7 | Accumulate | DDM |
01/24/20 | DBS Vickers | Capitamall Trust | 2.57 | 2.95 | Buy | |
03/13/20 | Phillip | Capitamall Trust | 2.25 | 2.7 | Accumulate | |
03/17/20 | Kim Eng | Capitamall Trust | 2 | 2.7 | Buy | |
03/27/20 | UOB Kay Hian | Capitamall Trust | 1.78 | 2.72 | Buy | DDM |
03/31/20 | CIMB | Capitamall Trust | 1.75 | 2.75 | Add | |
04/02/20 | DBS Vickers | Capitamall Trust | 1.73 | 1.75 | Hold | |
04/02/20 | Kim Eng | Capitamall Trust | 1.73 | 2.7 | Buy | |
04/08/20 | OCBC | Capitamall Trust | 1.74 | 2.12 | Hold | |
04/15/20 | CIMB | Capitamall Trust | 1.81 | 2.24 | Add | |
04/23/20 | DMG & Partners | Capitamall Trust | 1.73 | 2.38 | Neutral | |
05/04/20 | Kim Eng | Capitamall Trust | 1.89 | 2.4 | Buy | DDM |
05/04/20 | DMG & Partners | Capitamall Trust | 1.89 | 2.03 | Neutral | DDM |
05/06/20 | Phillip | Capitamall Trust | 1.82 | 2.22 | Buy | DDM |
05/27/20 | UOB Kay Hian | Capitamall Trust | 1.88 | 2.6 | Buy | |
05/29/20 | DBS Vickers | Capitamall Trust | 1.93 | 2.15 | Buy | PB1x |
06/03/20 | DBS Vickers | Capitamall Trust | 2.13 | 2.15 | Buy | |
06/08/20 | UOB Kay Hian | Capitamall Trust | 2.12 | 2.6 | Buy | |
06/23/20 | DMG & Partners | Capitamall Trust | 2 | 2.03 | Neutral | |
07/02/20 | UOB Kay Hian | Capitamall Trust | 2 | 2.6 | Buy | |
07/03/20 | DBS Vickers | Capitamall Trust | 2.03 | 2.4 | Buy | DCF |
Capitaland - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
07/05/19 | DBS Vickers | Capitaland | 3.69 | 4 | Buy | |
07/15/19 | Phillip | Capitaland | 3.69 | 4 | Accumulate | |
07/15/19 | CIMB | Capitaland | 3.69 | 4.15 | Add | RNAV (35% discount) |
07/15/19 | OCBC | Capitaland | 3.69 | 4.04 | Buy | |
08/07/19 | OCBC | Capitaland | 3.48 | 4.04 | Buy | |
08/14/19 | Macquarie | Capitaland | 3.42 | 4.15 | Outperform | |
08/19/19 | Phillip | Capitaland | 3.4 | 4.2 | Buy | PB0.75x FY19 |
08/20/19 | CIMB | Capitaland | 3.46 | 4.15 | Add | RNAV (35% discount) |
08/22/19 | DIR | Capitaland | 3.5 | 4.1 | Buy | RNAV (20% discount) |
09/05/19 | Lim & Tan | Capitaland | 3.49 | 0 | Accumulate | |
09/06/19 | DBS Vickers | Capitaland | 3.51 | 4 | Buy | |
10/11/19 | Phillip | Capitaland | 3.51 | 4.2 | Buy | |
10/23/19 | UOB Kay Hian | Capitaland | 3.62 | 3.8 | Hold | Buy @ $3.30 |
11/06/19 | DMG & Partners | Capitaland | 3.69 | 4.2 | Buy | RNAV (20% discount) |
11/07/19 | OCBC | Capitaland | 3.66 | 4.42 | Buy | RNAV (15% discount) |
11/25/19 | CIMB | Capitaland | 3.66 | 4.15 | Add | |
12/02/19 | Phillip | Capitaland | 3.68 | 4.2 | Buy | RNAV (20% discount) |
12/02/19 | DMG & Partners | Capitaland | 3.68 | 4.2 | Buy | RNAV (20% discount) |
12/02/19 | UOB Kay Hian | Capitaland | 3.68 | 3.8 | Hold | RNAV (20% discount) |
12/18/19 | Lim & Tan | Capitaland | 3.67 | 0 | Hold | |
01/02/20 | DBS Vickers | Capitaland | 3.75 | 4.5 | Buy | RNAV (18% discount) |
01/08/20 | DMG & Partners | Capitaland | 3.84 | 4.2 | Buy | |
01/29/20 | Lim & Tan | Capitaland | 3.7 | 0 | Hold | |
02/25/20 | Macquarie | Capitaland | 3.67 | 4.15 | Outperform | |
02/26/20 | OCBC | Capitaland | 3.72 | 4.42 | Buy | RNAV (15% discount) |
02/27/20 | DMG & Partners | Capitaland | 3.67 | 4.2 | Buy | RNAV (20% discount) |
02/27/20 | OCBC | Capitaland | 3.67 | 4.24 | Buy | RNAV (20% discount) |
02/27/20 | CIMB | Capitaland | 3.67 | 4.25 | Add | |
02/28/20 | UOB Kay Hian | Capitaland | 3.64 | 3.7 | Hold | Buy @ $3.50 |
02/28/20 | DBS Vickers | Capitaland | 3.64 | 4.5 | Buy | RNAV (20% discount) |
03/04/20 | Phillip | Capitaland | 3.58 | 4.2 | Buy | RNAV (20% discount) |
03/30/20 | DMG & Partners | Capitaland | 2.95 | 4.2 | Buy | |
04/07/20 | DMG & Partners | Capitaland | 2.74 | 4.2 | Buy | |
05/05/20 | DMG & Partners | Capitaland | 2.9 | 4 | Buy | |
05/05/20 | CIMB | Capitaland | 2.9 | 3.52 | Add | RNAV (45% discount) |
05/05/20 | UOB Kay Hian | Capitaland | 2.9 | 3.2 | Hold | RNAV (30% discount), Buy @ $2.70 |
05/11/20 | Phillip | Capitaland | 2.93 | 3.94 | Buy | RNAV (20% discount) |
06/02/20 | DMG & Partners | Capitaland | 2.97 | 4 | Buy | |
07/06/20 | Lim & Tan | Capitaland | 3.04 | 0 | Hold | |
07/08/20 | Macquarie | Capitaland | 2.9 | 3.95 | Outperform |
Stock calls for 8 July 2020
Date | Analyst | Company | Last | Target | Call | Valuation |
07/08/20 | CIMB | ARA Logistics | 0.57 | 0.713 | Add | |
07/08/20 | Lim & Tan | Boustead | 0.645 | 0 | Accumlate | |
07/08/20 | Macquarie | Capitaland | 2.9 | 3.95 | Outperform | |
07/08/20 | UOB Kay Hian | OCBC | 9.24 | 11.58 | Buy | |
07/08/20 | Amfrasers | Singapore Medical | 0.24 | 0.34 | outperform | PER11x FY21 |
IMF is warning about the debt crisis now!
https://www.reuters.com/article/us-health-coronavirus-debt/many-countries-may-need-debt-restructuring-after-pandemic-fallout-imf-chief-economist-idUSKBN2482R3
It makes sense to restructure the debts in many countries because high debts are unsustainable over the long term.
The USA has about US$80T total debts now with a GDP of US$21T. Therefore, the ratio of debt to GDP is 4:1.
http://sg-stock.blogspot.com/2020/04/the-us-economy-will-be-in-deep-troubles.html
http://sg-stock.blogspot.com/2020/05/the-us-economy-will-be-in-deep-troubles.html
This means that the USA is using US$4 debt to generate a US$1 GDP which is unsustainable in the long run.
It makes sense to restructure the debts in many countries because high debts are unsustainable over the long term.
The USA has about US$80T total debts now with a GDP of US$21T. Therefore, the ratio of debt to GDP is 4:1.
http://sg-stock.blogspot.com/2020/04/the-us-economy-will-be-in-deep-troubles.html
http://sg-stock.blogspot.com/2020/05/the-us-economy-will-be-in-deep-troubles.html
This means that the USA is using US$4 debt to generate a US$1 GDP which is unsustainable in the long run.
Trump's aides are desperate in fighting for their jobs.
https://sg.finance.yahoo.com/news/trump-aides-weighed-proposals-undermine-022404563.html
There is no way for a country to interfere in another country's currency peg because it is a government's monetary policy. In other words, only the HK government can peg or de-peg from the USD because the HK government can buy and sell the USD as it deems fit. Furthermore, HK has the support of China which has the largest foreign reserves.
How do you stop another state from buying or selling your currency? It's almost impossible especially since that state is part of China.
Trump's aides are really dumb because they cannot ban HK from using USD since HK is part of China unless they want to ban China from using USD. Banning China from using USD will cause USD to depreciate beyond the US's control and hyperinflation will happen overnight.
This is why I'm not concerned about this HK-USD peg issue because the US has no control over this.
There is no way for a country to interfere in another country's currency peg because it is a government's monetary policy. In other words, only the HK government can peg or de-peg from the USD because the HK government can buy and sell the USD as it deems fit. Furthermore, HK has the support of China which has the largest foreign reserves.
How do you stop another state from buying or selling your currency? It's almost impossible especially since that state is part of China.
Trump's aides are really dumb because they cannot ban HK from using USD since HK is part of China unless they want to ban China from using USD. Banning China from using USD will cause USD to depreciate beyond the US's control and hyperinflation will happen overnight.
This is why I'm not concerned about this HK-USD peg issue because the US has no control over this.
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