Top Glove - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/20/20	Kim Eng	Top Glove	1.9	2.08	Buy	Ringgit target $6.32, PER30x CY21
03/20/20	UOB Kay Hian	Top Glove	1.9	1.99	Hold	Ringgit target $6.05, Buy @ $5.50
03/20/20	CIMB	Top Glove	1.9	2.24	Add	Ringgit target $6.80
03/27/20	DBS Vickers	Top Glove	2.02	1.99	Hold	Ringgit target $6.05
05/14/20	CIMB	Top Glove	3.08	3.41	Add	Ringgit target $10.40, PER32x CY21
05/14/20	Kim Eng	Top Glove	3.08	3.59	Buy	Ringgit target $10.95, PER30x CY21
05/27/20	CIMB	Top Glove	4.42	5.37	Add	Ringgit target $15.50, PER36.8x CY21
05/27/20	UOB Kay Hian	Top Glove	4.42	6.05	Buy	Ringgit target $17.50
05/29/20	Kim Eng	Top Glove	4.62	6.52	Buy	Ringgit target $20, PER23x CY21
06/10/20	Kim Eng	Top Glove	5.7	6.52	Buy	Ringgit target $20, PER23x CY21
06/10/20	CIMB	Top Glove	5.7	8.14	Add	Ringgit target $25, PER22x CY21
06/12/20	Kim Eng	Top Glove	5.56	7.13	Buy	Ringgit target $21.9, PER23x CY21
06/12/20	UOB Kay Hian	Top Glove	5.56	7.13	Buy	Ringgit target $25.69
07/07/20	Aminvestment	Top Glove	6.5	8.37	Buy
07/21/20	UOB Kay Hian	Top Glove	8.15	7.14	Buy	Ringgit target $21.90
07/22/20	Kim Eng	Top Glove	8.24	9.32	Buy	Ringgit target $28.60, PER16x
07/29/20	UOB Kay Hian	Top Glove	8.65	11.97	Buy	PER16x FY21, Ringgit target $36.90
09/14/20	Kim Eng	Top Glove	2.58	3.14	Buy	Ringgit Target $9.53 (ex-2 for 1 bonus), PER9x FY21
09/18/20	CIMB	Top Glove	2.63	3.29	Add	Ringgit target $10, PER17x CY22
09/18/20	UOB Kay Hian	Top Glove	2.63	4.05	Buy	Ringgit target $12.30
10/07/20	UOB Kay Hian	Top Glove	2.83	4.03	Buy	Ringgit target $12.30
10/07/20	CIMB	Top Glove	2.83	3.28	Add	Ringgit target $10, PER17x CY22
10/09/20	Kim Eng	Top Glove	2.87	3.13	Buy	Ringgit Target $9.53 (ex-2 for 1 bonus), PER9x CY21
11/06/20	UOB Kay Hian	Top Glove	2.73	4.01	Buy	Ringgit target $12.30
12/10/20	Kim Eng	Top Glove	2.27	2.85	Buy	DCF, Ringgit target $8.65
12/10/20	UOB Kay Hian	Top Glove	2.27	4.05	Buy	Ringgit target $12.30
12/15/20	CIMB	Top Glove	2.19	2.93	Add	PER16x CY22, Ringgit target $8.90
01/11/21	CIMB	Top Glove	2.11	2.93	Add	PER16x CY22
01/13/21	Aminvestment	Top Glove	2.18	2.13	Hold	Ringgit target $6.50

Tiong Woon - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/09/20	Lim & Tan	Tiong Woon	0.375	0	Accumulate
10/28/20	Lim & Tan	Tiong Woon	0.4	0	Neutral

Tianjin Zhongxin - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
04/20/20	Lim & Tan	Tianjin Zhongxin	0.67	0	Accumulate
04/21/20	UOB Kay Hian	Tianjin Zhongxin	0.715	1.35	Buy	PER10.5x FY20
08/19/20	UOB Kay Hian	Tianjin Zhongxin	0.87	1.25	Buy	PER9.9x FY20

Stock calls for 26 February 2021

Date	Analyst	Company	Last	Target	Call	Valuation
02/26/21	DBS Vickers	Delfi	0.76	0.96	Buy	PER18x FY21
02/26/21	DBS Vickers	Frencken	1.26	1.55	Buy
02/26/21	Kim Eng	Frencken	1.26	1.39	Buy	PB1.6x FY21
02/26/21	CIMB	Golden Agri	0.193	0.2	Hold
02/26/21	CIMB	Netlink	0.94	1.1	Add	DDM
02/26/21	OCBC	Netlink	0.94	1.1	Buy
02/26/21	Kim Eng	Netlink	0.94	1.11	Buy
02/26/21	DBS Vickers	OCBC	11.07	12.5	Buy
02/26/21	UOB Kay Hian	Propnex	0.81	0.97	Buy
02/26/21	CIMB	Propnex	0.81	0.888	Add
02/26/21	phillip	Raffles Medical	1.07	1.18	Accumulate	DCF
02/26/21	DBS Vickers	Sembcorp Marine	0.155	0.14	Hold	PB0.5x FY21
02/26/21	phillip	Sheng Siong	1.57	1.71	Accumulate	PER25x FY21
02/26/21	OCBC	Sheng Siong	1.57	1.79	Buy
02/26/21	CIMB	Sheng Siong	1.57	1.88	Add
02/26/21	Macquarie	UOB	24.64	26.6	Outperform
02/26/21	DBS Vickers	UOB	24.64	27.6	Buy
02/26/21	Kim Eng	UOB	24.64	26.24	Hold
02/26/21	CIMB	UOB	24.64	27.72	Add	GGM

Hot news: New Covid-19 variant, B.1.526, spotted in New York City.

https://edition.cnn.com/2021/02/25/health/variants-coronavirus-new-york-city/index.html

This new variant is said to be locally mutated in NY and has the same evasive immunity property as B1351 (South African variant).  AstraZeneca's vaccine has proven to be ineffective against B1351.

http://sg-stock.blogspot.com/2021/02/south-africa-suspends-astrazeneca-covid.html

Pfizer's efficacy is also low against B1351.

http://sg-stock.blogspot.com/2021/02/pfizer-has-finally-come-clean-about-its.html

China has proven once again that India is no match for China's military.

https://www.reuters.com/article/us-china-india-border-idUSKBN2AJ04B

China has proven that its soldiers are better equipped and well-trained than Indian soldiers because 1 Chinese soldier can kill 5 Indian soldiers.

We can see from the video below that the Indian soldiers breached China's border and outnumbered the Chinese soldiers but Indian soldiers suffered 20 deaths while Chinese soldiers only suffered 4 deaths.

Furthermore, China's fast retreat from the border also showed that China had better mobilization capability compared to India's slow retreat.