SATS - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/04/20	UOB Kay Hian	SATS	3.28	3.3	Hold	Buy @ $2.80-2.90
05/06/20	DBS Vickers	SATS	2.98	2.64	Fully Valued	DCF & PER25x FY22
06/01/20	DBS Vickers	SATS	2.66	2.64	Hold	DCF & PER25x
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
07/14/20	DBS Vickers	SATS	2.78	2.83	Hold	DCF & PER25x FY22
07/14/20	OCBC	SATS	2.78	2.76	Hold
07/14/20	CIMB	SATS	2.78	2.8	Reduce
08/25/20	CIMB	SATS	3.08	3	Hold	PB2.1x FY21
08/25/20	phillip	SATS	3.08	1.95	Sell	PB1.35x
08/25/20	UOB Kay Hian	SATS	3.08	2.67	Sell
08/25/20	Lim & Tan	SATS	3.08	0	Avoid
09/04/20	CIMB	SATS	3.01	3	Hold	DCF & PB2.1x FY21
09/04/20	OCBC	SATS	3.01	2.93	Hold
09/08/20	DBS Vickers	SATS	2.98	3.15	Hold	DCF, PER25x FY22
09/11/20	UOB Kay Hian	SATS	2.91	3.1	Hold	Buy @ $2.75
10/01/20	DBS Vickers	SATS	2.83	3.66	Buy	DCF & PER25x FY22
10/08/20	UOB Kay Hian	SATS	3.11	3.4	Buy
10/28/20	CIMB	SATS	3.14	3	Hold
11/03/20	DBS Vickers	SATS	3.07	3.66	Buy
11/13/20	UOB Kay Hian	SATS	3.6	3.62	Hold	Buy @ $3.30
11/16/20	OCBC	SATS	3.8	4.31	Buy
11/16/20	CIMB	SATS	3.8	3.27	Hold
11/16/20	DBS Vickers	SATS	3.8	4.02	Buy	DCF & PER25x FY22
11/17/20	DBS Vickers	SATS	3.99	4.5	Buy	DCF & PER25x FY22
11/19/20	phillip	SATS	4.1	4.4	Neutral	PB3.3x
01/04/21	DBS Vickers	SATS	3.98	4.5	Buy
02/02/21	CIMB	SATS	3.85	4.3	Add	DCF
02/02/21	DBS Vickers	SATS	3.85	4.5	Buy
02/11/21	UOB Kay Hian	SATS	4.09	3.96	Hold	DCF
02/15/21	OCBC	SATS	4.12	4.95	Buy
03/19/21	UOB Kay Hian	SATS	4.56	4.27	Hold	EV/Invested capital basis
05/28/21	CIMB	SATS	3.86	4.3	Add	DCF
05/28/21	UOB Kay Hian	SATS	3.86	4.09	Hold
05/31/21	OCBC	SATS	3.97	4.84	Buy
06/02/21	DBS Vickers	SATS	4.03	4.5	Buy
06/09/21	Lim & Tan	SATS	4.05	0	Hold
06/10/21	UOB Kay Hian	SATS	4.08	4.09	Hold
07/23/21	CIMB	SATS	3.87	4.3	Add	DCF
07/23/21	Lim & Tan	SATS	3.87	0	Hold
07/26/21	OCBC	SATS	3.87	4.8	Buy

Stock calls for 2 August 2021

Date	Analyst	Company	Last	Target	Call	Valuation
08/02/21	DBS Vickers	AIMS AMP Cap Ind Reit	1.58	1.6	Hold	DCF
08/02/21	DBS Vickers	Aztech	1.27	1.74	Buy	PER17.9x FY21
08/02/21	CIMB	Aztech	1.27	1.82	Add
08/02/21	Kim Eng	Aztech	1.27	1.86	Buy
08/02/21	Phillip	Capitaland Integrated Commercial Trust	2.15	2.54	Accumulate	DDM
08/02/21	CIMB	CDL Hospitality	1.21	1.32	Add	DDM
08/02/21	Kim Eng	CDL Hospitality	1.21	1.2	Hold	DDM
08/02/21	DBS Vickers	China Aviation Oil	1.01	1.2	Buy	PER11x FY21/22
08/02/21	DBS Vickers	Dairy Farm	3.76	3.96	Hold	Sum of parts
08/02/21	UOB Kay Hian	Dairy Farm	3.76	4.53	Buy
08/02/21	CIMB	Dairy Farm	3.76	4	Hold
08/02/21	CIMB	Far East Hospitality	0.58	0.745	Add	DDM
08/02/21	Kim Eng	Far East Hospitality	0.58	0.7	Buy	DDM
08/02/21	DMG & Partners	First Resources	1.36	1.5	Buy
08/02/21	Lim & Tan	Great Eastern	21.61	26	Accumulate
08/02/21	DBS Vickers	Hongkong Land	4.54	5.23	Buy
08/02/21	CIMB	Ifast Corp	8.02	12.5	Add	DCF
08/02/21	CIMB	Japfa	0.765	1.06	Add
08/02/21	Phillip	Keppel Corp	5.49	6.28	Buy	Sum of parts
08/02/21	OCBC	Mapletree Industrial	3	3.41	Buy
08/02/21	DBS Vickers	OUE Commercial	0.435	0.5	Buy	DCF
08/02/21	Amfrasers	Rex	0.21	0.32	Outperform	DCF
08/02/21	DBS Vickers	Sembcorp Industries	2.09	2.4	Buy	PB1.2x FY21
08/02/21	CIMB	Sembcorp Industries	2.09	2.43	Add
08/02/21	Lim & Tan	Sembcorp Industries	2.09	0	Hold
08/02/21	phillip	Sheng Siong	1.57	1.69	Accumulate	PER25x FY22
08/02/21	Kim Eng	Sheng Siong	1.57	1.33	Sell	PER19.5x FY22
08/02/21	DMG & Partners	Sheng Siong	1.57	1.61	Neutral	PER23x FY22
08/02/21	CIMB	Starhill	0.62	0.71	Add	DDM
08/02/21	CIMB	UMS	1.61	1.97	Add
08/02/21	DBS Vickers	Yangzijiang	1.37	1.8	Buy	Sum of parts, PER10x FY21
08/02/21	CIMB	Yangzijiang	1.37	1.91	Add	Sum of parts

OMG! The US vaccines are becoming ineffective against the Delta variant.

https://www.cnbc.com/2021/07/30/cdc-study-shows-74percent-of-people-infected-in-massachusetts-covid-outbreak-were-fully-vaccinated.html

The latest statistics showed that 74% of fully vaccinated people were infected in Massachusetts covid outbreak as they carried as many virus loads as non-vaccinated people.

This is very worrisome now!