Suntec Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/08/20	DBS Vickers	Suntec Reit	1.6	1.81	Buy	DCF
06/08/20	Citi Research	Suntec Reit	1.6	1.64	Hold
06/23/20	DMG & Partners	Suntec Reit	1.45	1.78	Buy
07/01/20	DMG & Partners	Suntec Reit	1.41	1.78	Buy	DDM
07/27/20	OCBC	Suntec Reit	1.39	1.57	Buy
07/27/20	CIMB	Suntec Reit	1.39	1.7	Add
09/03/20	Jefferies	Suntec Reit	1.42	1.7	Buy
10/09/20	UOB Kay Hian	Suntec Reit	1.47	1.72	Buy	DDM
10/09/20	Citi Research	Suntec Reit	1.47	1.5	Hold
10/12/20	UOB Kay Hian	Suntec Reit	1.42	1.65	Buy
10/12/20	DBS Vickers	Suntec Reit	1.42	1.65	Buy	DCF, PB0.87x
10/13/20	CIMB	Suntec Reit	1.44	1.73	Add
10/13/20	OCBC	Suntec Reit	1.44	1.57	Buy
10/22/20	Lim & Tan	Suntec Reit	1.46	0	Hold
10/23/20	UOB Kay Hian	Suntec Reit	1.47	1.75	Buy	DDM
11/18/20	UOB Kay Hian	Suntec Reit	1.53	1.75	Buy
12/10/20	DBS Vickers	Suntec Reit	1.48	1.85	Buy
12/10/20	JP Morgan	Suntec Reit	1.48	1.35	Underweight
12/16/20	DMG & Partners	Suntec Reit	1.52	1.79	Buy
12/17/20	Kim Eng	Suntec Reit	1.54	1.2	Sell
01/11/21	UOB Kay Hian	Suntec Reit	1.51	1.75	Buy
01/27/21	Kim Eng	Suntec Reit	1.55	1.19	Sell	DDM
01/27/21	OCBC	Suntec Reit	1.55	1.59	Hold
01/27/21	UOB Kay Hian	Suntec Reit	1.55	1.72	Buy
01/27/21	CIMB	Suntec Reit	1.55	1.76	Add
01/27/21	DMG & Partners	Suntec Reit	1.55	1.79	Buy
01/27/21	Jefferies	Suntec Reit	1.55	1.75	Buy
03/04/21	UOB Kay Hian	Suntec Reit	1.49	1.72	Buy
03/04/21	Citi Research	Suntec Reit	1.49	1.56	Hold
03/08/21	JP Morgan	Suntec Reit	1.51	1.35	Underweight
04/15/21	DMG & Partners	Suntec Reit	1.57	1.79	Buy
04/26/21	Kim Eng	Suntec Reit	1.55	1.25	Sell	DDM
04/27/21	UOB Kay Hian	Suntec Reit	1.57	1.72	Buy
04/29/21	CIMB	Suntec Reit	1.57	1.76	Add
04/29/21	OCBC	Suntec Reit	1.57	1.56	Hold
06/03/21	DMG & Partners	Suntec Reit	1.46	1.72	Buy
06/17/21	Jefferies	Suntec Reit	1.48	1.75	Buy
06/17/21	Citi Research	Suntec Reit	1.48	1.56	Hold
06/17/21	DBS Vickers	Suntec Reit	1.48	1.85	Buy
06/17/21	CIMB	Suntec Reit	1.48	1.76	Add	DDM
07/01/21	DMG & Partners	Suntec Reit	1.46	1.76	Buy
07/01/21	CIMB	Suntec Reit	1.46	1.79	Add	DDM
07/06/21	OCBC	Suntec Reit	1.51	1.58	Buy
07/23/21	UOB Kay Hian	Suntec Reit	1.49	1.78	Buy	DDM
07/23/21	Jefferies	Suntec Reit	1.49	1.7	Buy
07/29/21	Kim Eng	Suntec Reit	1.48	1.25	Hold	DDM

Stock calls for 16 August 2021

Date	Analyst	Company	Last	Target	Call	Valuation
08/16/21	CIMB	APAC Realty	0.89	0.96	Add
08/16/21	Phillip	APTV	0.131	0.15	Buy	EV/Ebitda9x FY21
08/16/21	Kim Eng	Bumitama	0.465	0.93	Buy
08/16/21	DBS Vickers	Comfortdelgro	1.62	1.94	Buy	PB1.53x FY21
08/16/21	UOB Kay Hian	Comfortdelgro	1.62	1.9	Buy	Sum of parts
08/16/21	Lim & Tan	Comfortdelgro	1.62	0	Accumulate
08/16/21	Kim Eng	ESR-Reit	0.455	0.55	Buy	PB
08/16/21	UOB Kay Hian	Far East Hospitality	0.585	0.71	Buy
08/16/21	Kim Eng	First Resources	1.4	1.81	Buy
08/16/21	UOB Kay Hian	First Resources	1.4	1.4	High-Risk
08/16/21	DMG & Partners	Genting	0.8	0.92	Buy
08/16/21	Lim & Tan	Ho Bee	2.84	3.8	Accumulate
08/16/21	DBS Vickers	Nanofilm	5.92	6.22	Buy
08/16/21	Citi Research	Nanofilm	5.92	7.85	High-Risk
08/16/21	phillip	Propnex	1.9	2.08	Accumulate	DCF
08/16/21	CIMB	Q&M	0.855	0.97	Add
08/16/21	CIMB	Sasseur	0.95	1.03	Add	DDM
08/16/21	DBS Vickers	ST Engineering	4.09	4.36	Buy	Sum of parts
08/16/21	UOB Kay Hian	Thai Beverage	0.665	0.92	Buy	Sum of parts
08/16/21	DBS Vickers	UMS	1.75	2.16	Buy	PER17x FY22

Yeah! The US will be removing the US-China tariffs soon! - Part 2

https://www.globaltimes.cn/page/202108/1231349.shtml

The US is trying to engage China to help it deal with its inflation problem by stating its intention to link US debts with the removal of the US-China tariffs.  Basically, the US wants China to buy more US treasuries in exchange for the removal of the US-China tariffs but China is ignoring Yellen's request.

Then, the jaded Yellen declared that she had no travelling plan to China in Autumn because there was no invitation from China after the news release.

China will have no intention to discuss the US-China tariffs since China has been coping extremely well with the tariffs unless the US can offer more concessions to China.

We had stated in June that the US had no choice but to remove the US-China tariffs to reduce the US inflation pressure.  With the current persistent high inflation, the US will face an impending financial crisis in 2022.

http://sg-stock.blogspot.com/2021/06/why-did-us-treasury-secretary-contacted.html

Baltic dry index - 3566

 Related stock: Sembcorp Marine, Cosco & Pan ocean.

US rig count (weekly) - 500

 Related stock: Sembcorp Marine & Cosco.

Sunpower - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/18/20	Amfrasers	Sunpower	0.43	0.91	Buy	Sum of parts
05/18/20	DBS Vickers	Sunpower	0.43	0.49	Hold	DCF
05/20/20	UOB Kay Hian	Sunpower	0.445	0.88	Buy
08/14/20	DBS Vickers	Sunpower	0.58	0.69	Buy	DCF
08/14/20	UOB Kay Hian	Sunpower	0.58	0.92	Buy	Sum of parts
08/17/20	Amfrasers	Sunpower	0.575	0.91	outperform	Sum of parts
11/16/20	DBS Vickers	Sunpower	0.62	0.76	Buy	DCF
11/17/20	UOB Kay Hian	Sunpower	0.625	0.92	Buy	Sum of parts
11/18/20	Amfrasers	Sunpower	0.64	0.91	outperform	Sum of parts
01/07/21	UOB Kay Hian	Sunpower	0.775	1.1	Buy
01/12/21	Amfrasers	Sunpower	0.855	1.45	outperform	DCF
01/12/21	DBS Vickers	Sunpower	0.855	0.94	Buy	DCF
03/01/21	DBS Vickers	Sunpower	0.8	0.92	Buy	DCF, PER11.9x
04/09/21	UOB Kay Hian	Sunpower	0.87	1.11	Buy	Sum of parts
05/18/21	DBS Vickers	Sunpower	0.83	0.92	Hold	DCF, PER11.9x
05/20/21	UOB Kay Hian	Sunpower	0.835	1.22	Buy	Sum of parts
05/31/21	Amfrasers	Sunpower	0.945	1.53	outperform	DCF