New Launch - One Sophia For Sale!

New Launch - One Sophia For Sale!
Please click the advertisement for more information.

Search This Blog

Tuesday, March 23, 2021

Dairy Farm - Stock calls

Date

Analyst

Company

Last

Target

Call

Valuation

05/28/20

Macquarie

Dairy Farm

4.26

5.8

Outperform


06/08/20

DMG & Partners

Dairy Farm

4.75

4.95

Neutral


06/10/20

CIMB

Dairy Farm

5

5.45

Hold

PER20x CY21

07/03/20

DBS Vickers

Dairy Farm

4.66

5.1

Buy


07/03/20

CIMB

Dairy Farm

4.15

4.63

Hold

PER20x CY21, Buy @ $3.80

07/30/20

DMG & Partners

Dairy Farm

4.15

4.47

Neutral

DCF

07/30/20

DBS Vickers

Dairy Farm

4.15

4.86

Buy

Sum of parts

08/19/20

Macquarie

Dairy Farm

4.21

5.7

Outperform

DCF

08/28/20

DMG & Partners

Dairy Farm

4.27

4.47

Neutral


09/10/20

CIMB

Dairy Farm

3.85

4.5

Add

PER20x FY21

10/22/20

DMG & Partners

Dairy Farm

3.78

4.47

Buy


10/26/20

DBS Vickers

Dairy Farm

3.76

4.44

Buy


12/02/20

CIMB

Dairy Farm

4.1

4.5

Add


01/08/21

CIMB

Dairy Farm

4.27

5.5

Add

PER22x FY21

02/17/21

DBS Vickers

Dairy Farm

4.4

4.44

Buy


03/15/21

CIMB

Dairy Farm

4.51

5.4

Add

PER22x FY22

03/15/21

DBS Vickers

Dairy Farm

4.51

5.02

Buy

Sum of parts

03/15/21

DMG & Partners

Dairy Farm

4.51

4.78

Neutral

PER21x FY21

CSE Global - Stock calls

Date

Analyst

Company

Last

Target

Call

Valuation

05/06/20

DBS Vickers

CSE Global

0.395

0.54

Buy

PER10.6x

06/03/20

UOB Kay Hian

CSE Global

0.475

0.65

Buy

PER12.1x FY21

06/04/20

DMG & Partners

CSE Global

0.49

0.54

Buy

PER12x FY20

06/04/20

Lim & Tan

CSE Global

0.49

0

Buy


06/04/20

CIMB

CSE Global

0.49

0.55

Add


07/17/20

DMG & Partners

CSE Global

0.46

0.54

Buy

PER12x FY20

08/06/20

DBS Vickers

CSE Global

0.53

0.61

Buy

PER10x FY21

08/07/20

DMG & Partners

CSE Global

0.535

0.6

Buy

PER10.8x FY21

08/07/20

UOB Kay Hian

CSE Global

0.535

0.59

Buy

PER12x FY21

08/11/20

CIMB

CSE Global

0.525

0.6

Add


08/11/20

Amfrasers

CSE Global

0.525

0.52

Neutral

PER12x FY21 & PB2x FY21, Cut from $0.61

09/07/20

Lim & Tan

CSE Global

0.495

0

Buy


10/23/20

DBS Vickers

CSE Global

0.46

0.57

Buy

PER10.2x FY21

11/13/20

DBS Vickers

CSE Global

0.45

0.55

Buy

PER10.1x FY21

02/18/21

DBS Vickers

CSE Global

0.5

0.55

Buy


02/25/21

CIMB

CSE Global

0.49

0.63

Add

PER12x CY22

02/25/21

DBS Vickers

CSE Global

0.49

0.64

Buy

PER9.9x

03/17/21

Amfrasers

CSE Global

0.535

0.61

Outperform

PER12x FY21

Stock calls for 23 March 2021

Date

Analyst

Company

Last

Target

Call

Valuation

03/23/21

Phillip

A-Reit

3.08

3.64

Buy

DDM

03/23/21

DBS Vickers

ARA Hospitality

0.555

0.69

Buy


03/23/21

CIMB

Capitaland

3.31

4.04

Add

RNAV

03/23/21

UOB Kay Hian

Capitaland

3.31

3.81

Buy


03/23/21

OCBC

Capitaland

3.31

4.03

Buy


03/23/21

DMG & Partners

Capitaland

3.31

4.25

Buy


03/23/21

Lim & Tan

Capitaland

3.31

0

Accept offer

Accept $4.102 offer

03/23/21

DMG & Partners

UG Healthcare

0.59

0.75

Buy

DCF

03/23/21

CIMB

Wilmar

5.39

6.15

Add

Sum of parts

The West is trying to use falsehoods to smear and bargain with China.

https://sg.news.yahoo.com/eu-approves-sanctions-over-china-103801729.html

The west sanctioned China with genocide falsehoods for Xinjiang and China retaliated back with its own EU sanctions.  The western allegations were totally false because statistics showed otherwise.


We had stated this before.

"the Uygur population increased from 10.1715 million to 12.7184 million, an increase of 2.5469 million, or 25.04%"

From 2010-2018, the Uygur population increased by 25%. How many races have this kind of burgeoning growth if there's genocide? If this kind of growth still justifies a genocide, then many low-birth countries including SG have genocides too.

If genocide can induce population growth, then SG should do it
as SG is struggling with a low-birth rate.

Let me give you the true accounts in Xinjiang.
1. Uygur population increased by more than 25% in less than a decade in Xinjiang which was way above the national average despite the "forced sterilizations" movement.
2. There was no mass exodus of Uygurs in Xinjiang because of the "genocide".  No embassy received Uygur asylum seekers or refugees despite the ongoing "genocide".
3.  Xinjiang GDP grew 7.2% annually despite the ongoing "genocide".
4.  The "prisoners" in the "concentration camps" (training institutions) are allowed to go home on weekends to visit their families.  Which prison will offer such privilege to prisoners in this world?

The US is fabricating China lies and using falsehoods against China again.  This is just like Iraq's WMD fabrication and nobody has ever found any biochemical weapon in Iraq today.  The UK supported Iraq fabrication and the UK was supporting China lies too.

Monday, March 22, 2021

The USD and treasury yields are expected to rise further. Why?

https://corporate.nordea.com/article/64296/fx-weekly-a-20-stronger-usd-on-the-cards

The USD is expected to rise 20% year-on-year.  Why?

Basically, the US is expected to experience a great 2021 because of Biden's stimulus (US$1.9T).

We can see that US GDP has been revised higher.

Therefore, the USD index will have to do a catch-up sooner or later to meet this GDP growth expectation.

The US-Japan yield differential will also provide the oomph for the USD.

We had already stated this differential in our previous post below.

http://sg-stock.blogspot.com/2021/03/lets-get-into-minds-of-fund-managers.html

Is the US stock market overvalued? - Part 2

It has been a while since we've last updated our viewers about the US stock market.  Here it goes!

Warren Buffett Index


An index that is above 120 is an overvaluation and an index that is below 80 is an undervaluation.  Therefore, anything between 80 to 120 is neutral (normal).  The US stock market is extremely overvalued (192.9) now as indicated by the WB index.

Shiller PE ratio chart



Credit Bureau - Stock calls

Date

Analyst

Company

Last

Target

Call

Valuation

03/17/21

CIMB

Credit Bureau

1.26

1.53

Add

DCF

Cordlife - Stock calls

Date

Analyst

Company

Last

Target

Call

Valuation

03/12/21

Soochow

Cordlife

0.37

0.52

Buy