Ho Bee - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
09/14/20	CIMB	Ho Bee	2.19	2.7	Add	Up from $2.56
10/20/20	UOB Kay Hian	Ho Bee	2.28	3.32	Buy	RNAV (40% discount)
04/27/21	UOB Kay Hian	Ho Bee	2.75	3.32	Buy	RNAV (40% discount)
06/11/21	DBS Vickers	Ho Bee	2.95	3.8	Buy	RNAV (40% discount)
06/29/21	Lim & Tan	Ho Bee	2.86	3.6	Accumulate

Stock calls for 30 June 2021

Date	Analyst	Company	Last	Target	Call	Valuation
06/30/21	DBS Vickers	BHG Retail	0.55	0.6	Buy	DCF
06/30/21	CIMB	Comfortdelgro	1.61	1.8	Add
06/30/21	Amfrasers	Japan Foods	0.405	0.65	Outperform
06/30/21	DMG & Partners	Kimly	0.4	0.48	Buy
06/30/21	Phillip	Manulife US Reit	0.795	0.84	Buy
06/30/21	Lim & Tan	Tiong Woon	0.485	0.84	Buy	PB0.75x
06/30/21	UOB Kay Hian	UMS	1.47	1.92	Buy

Smearing campaigns against Chinese vaccines.

https://www.reuters.com/world/china/are-chinese-covid-19-shots-effective-against-delta-variant-2021-06-29/

As usual, the western media have started their smearing campaigns against Chinese vaccines.

There was no mention of Israel cases whereby about 50% fully vaccinated (Pfizer) Israelis were infected recently.

http://sg-stock.blogspot.com/2021/06/delta-variant-is-infecting-fully_26.html

Hi-P - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/03/20	Kim Eng	Hi-P	1.28	1.23	Hold	PB1.4x FY21
08/03/20	DBS Vickers	Hi-P	1.28	1.34	Hold	PER13x FY21
08/03/20	UOB Kay Hian	Hi-P	1.28	1.11	Sell
09/09/20	CIMB	Hi-P	1.18	1.23	Hold	PB1.52x FY20
09/30/20	Kim Eng	Hi-P	1.13	1.23	Buy	PB1.4x FY21
10/05/20	CIMB	Hi-P	1.14	1.23	Hold
12/21/20	Kim Eng	Hi-P	2	1.23	Sell	Accept offer price of $2
12/21/20	Lim & Tan	Hi-P	2	2	Accept Offer	offer price @ $2

Guocoland - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/25/20	Lim & Tan	Guocoland	1.4	0	Accumulate

Grand Venture - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/06/20	CIMB	Grand Venture	0.22	0.262	Add
08/12/20	CIMB	Grand Venture	0.26	0.36	Add
02/23/21	CIMB	Grand Venture	0.54	0.605	Add	GGM, PB3.31x FY21
05/24/21	CIMB	Grand Venture	0.735	1.12	Add
06/11/21	CIMB	Grand Venture	0.85	1.12	Add	GGM, PB5.37x FY21

Stock calls for 29 June 2021

Date	Analyst	Company	Last	Target	Call	Valuation
06/29/21	UOB Kay Hian	ARA Logistics	0.84	0.89	Buy
06/29/21	CIMB	DBS	29.6	32.64	Add
06/29/21	Lim & Tan	Ho Bee	2.86	3.6	Buy
06/29/21	Macquarie	Keppel Corp	5.6	5.44	Neutral
06/29/21	UOB Kay Hian	Mapletree Logistics	2.07	2.08	Hold
06/29/21	CIMB	OCBC	11.9	13.75	Add
06/29/21	UOB Kay Hian	Q&M	0.76	0.94	Buy	PER20x FY22
06/29/21	DMG & Partners	Riverstone	1.27	1.3	Neutral	DCF
06/29/21	UOB Kay Hian	Sembcorp Marine	0.133	0.124	Hold	Ex-Rights
06/29/21	CIMB	Sembcorp Marine	0.133	0.226	Hold
06/29/21	DMG & Partners	UG Healthcare	0.585	0.61	Neutral	DCF
06/29/21	CIMB	UOB	25.75	28.84	Add
06/29/21	DMG & Partners	Venture	18.71	20.7	Buy	PER18x FY21

Webcast #3 - What was the US FED thinking? - Part 2

https://www.cnbc.com/2021/06/28/el-erian-says-the-fed-is-behind-on-inflation-and-risks-another-recession-if-it-is-forced-to-catch-up.html

Another prominent economist has the same view as ours and his view also contradicts Janet Yellen.

http://sg-stock.blogspot.com/2021/06/webcast-3-what-was-us-fed-thinking.html