Singapore Nodx grew 8.8% in May 2021

https://www.channelnewsasia.com/news/business/singapore-exports-may-2021-nodx-growth-8-8-per-cent-15031460

Year on year changes (YOY):

May 2021: 8.8%

April 2021: 6%

March 2021: 12.1%

February 2021: 4.2%

January 2021: 12.8%

December 2020: 6.8%

November 2020: -4.9%

October 2020: -3.1%

September 2020: 5.9%

August 2020: 7.7%

July 2020: 6%

June 2020: 16.1% (Revised to 13.9%)

May 2020: -4.6%

April 2020: 9.7%

March 2020: 17.6%

February 2020: 3% (Revised to 3.1%)

January 2020: - 3.3%

December 2019: 2.4%

November 2019: - 5.9%

October 2019: - 12.3%

September 2019: -8.1%

August 2019: - 8.9%

July 2019: -11.2%

June 2019: -17.3%

May 2019: -15.9%

April 2019: -10%

March 2019: -11.7%

February 2019: 4.9%

January 2019: -10.1%

December 2018: -8.5%

November 2018: -2.6%

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%

More fully vaccinated people are getting infected in Singapore.

https://sg.news.yahoo.com/of-24-new-covid-cases-in-singapore-19-in-community-075036089.html

More fully vaccinated residents are getting infected in Singapore in the latest covid cluster.

We had stated previously that SG real-life statistics would debunk the proclaimed efficacy rates made by these pharmaceutical firms.

http://sg-stock.blogspot.com/2021/05/singapore-covid-cases-have-debunked-us.html

Our first webcast "Is the current inflation transitory or long-term?"" is published on youtube! - Part 3

The US FED had just crushed the mainstream transitory belief held by the inflation doves.

More than 70% believed that the current inflation was transitory but we didn't.  We had stated that it was not in our webcast video and we had nailed it again with our analysis.

https://www.cnbc.com/2021/06/16/fed-holds-rates-steady-but-raises-inflation-expectations-sharply-and-makes-no-mention-of-taper.html

The US FED had brought forward its rate hikes time frame and also raised its inflation projection this year.  Therefore, this meant that Janet Yellen (Treasury Secretary) was wrong to state that the current inflation was transitory.

From the latest dot plot chart, the market is expecting 2 rate hikes in 2023.

We'll be doing a more in-depth analysis on this topic in our next video.  Stay tuned!

Dasin Retail - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/27/20	phillip	Dasin Retail	0.83	0.91	Accumulate	DDM
08/11/20	DBS Vickers	Dasin Retail	0.785	0.86	Buy	DCF
08/24/20	phillip	Dasin Retail	0.815	0.91	Accumulate	DDM
09/14/20	phillip	Dasin Retail	0.815	0.91	Accumulate
10/19/20	phillip	Dasin Retail	0.8	0.91	Accumulate
11/23/20	phillip	Dasin Retail	0.775	0.91	Accumulate
12/07/20	phillip	Dasin Retail	0.76	0.9	Buy	DDM
01/18/21	phillip	Dasin Retail	0.775	0.91	Accumulate
02/22/21	phillip	Dasin Retail	0.73	0.91	Accumulate
03/03/21	DBS Vickers	Dasin Retail	0.725	0.74	Hold

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
04/05/21	DBS Vickers	Dairy Farm	4.33	5.02	Buy
04/19/21	UOB Kay Hian	Dairy Farm	4.22	5.19	Buy	PER22x FY22
05/18/21	DBS Vickers	Dairy Farm	4.32	5.02	Buy
05/27/21	DBS Vickers	Dairy Farm	4.45	4.78	Buy	Sum of parts