OCBC Bank - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
10/01/20	CIMB	OCBC	8.42	9.38	Hold
10/07/20	UOB Kay Hian	OCBC	8.62	11.48	Buy
10/07/20	DMG & Partners	OCBC	8.62	8.7	Neutral
10/12/20	phillip	OCBC	8.59	8.92	Accumulate
10/21/20	Kim Eng	OCBC	8.71	9.06	Hold
11/04/20	phillip	OCBC	8.57	8.92	Accumulate
11/05/20	Lim & Tan	OCBC	8.63	0	Accumulate
11/06/20	UOB Kay Hian	OCBC	8.93	13.48	Buy	PB0.79x FY21
11/06/20	Kim Eng	OCBC	8.93	9.29	Hold	DDM
11/06/20	DBS Vickers	OCBC	8.93	9.5	Hold	GGM, PB0.8x FY21
11/06/20	CIMB	OCBC	8.93	9.38	Hold
11/06/20	DMG & Partners	OCBC	8.93	9.5	Neutral
11/09/20	phillip	OCBC	8.93	9.68	Accumulate	GGM, PB0.92x FY21
11/09/20	Jefferies	OCBC	8.93	11	Buy
11/09/20	CIMB	OCBC	8.93	10.13	Add	GGM
11/24/20	DBS Vickers	OCBC	10.11	11	Buy	GGM, PB1x FY21
11/25/20	Kim Eng	OCBC	10.28	9.29	Sell
11/30/20	CIMB	OCBC	10.15	12.52	Add	GGM, PB1.1x FY21
12/01/20	Macquarie	OCBC	10.08	9.15	Neutral
12/01/20	UOB Kay Hian	OCBC	10.08	13.48	Buy
12/07/20	phillip	OCBC	10.1	9.68	Neutral
12/07/20	Kim Eng	OCBC	10.1	9.29	Sell
12/07/20	UOB Kay Hian	OCBC	10.1	12.85	Buy
01/04/21	CIMB	OCBC	10.06	12.52	Add
01/06/21	phillip	OCBC	10.06	9.68	Neutral
01/06/21	Jefferies	OCBC	10.06	11.5	Buy
01/11/21	UOB Kay Hian	OCBC	10.73	12.85	Buy	GGM, PB1.19x FY21
01/12/21	UOB Kay Hian	OCBC	10.6	14.62	Buy
01/25/21	UOB Kay Hian	OCBC	10.62	14.65	Buy
01/27/21	DBS Vickers	OCBC	10.39	11.9	Buy	GGM, PB1.03x FY21
01/27/21	Kim Eng	OCBC	10.39	12.24	Buy
02/02/21	Macquarie	OCBC	10.37	10.44	Neutral
02/04/21	phillip	OCBC	10.36	9.68	Neutral
02/24/21	Lim & Tan	OCBC	10.63	0	Accumulate on weakness
02/25/21	UOB Kay Hian	OCBC	10.85	14.68	Buy
02/25/21	DBS Vickers	OCBC	10.85	11.9	Buy	GGM, PB1.03x FY21
02/25/21	DMG & Partners	OCBC	10.85	12.5	Buy
02/25/21	Kim Eng	OCBC	10.85	12.74	Buy	DDM
02/25/21	Jefferies	OCBC	10.85	12.5	Buy
02/25/21	CIMB	OCBC	10.85	12.52	Add	GGM
02/26/21	DBS Vickers	OCBC	11.07	12.5	Buy
03/01/21	phillip	OCBC	10.99	13.65	Buy	GGM, PB1.19x FY21
03/03/21	DMG & Partners	OCBC	11.08	12.5	Buy
03/04/21	UOB Kay Hian	OCBC	11.25	14.68	Buy
04/01/21	CIMB	OCBC	11.75	12.52	Add
04/01/21	DBS Vickers	OCBC	11.75	12.5	Buy
04/05/21	phillip	OCBC	11.77	13.65	Buy
04/09/21	DMG & Partners	OCBC	11.81	13.3	Buy
04/20/21	DBS Vickers	OCBC	11.96	13.6	Buy	GGM, PB1.1x FY22
04/22/21	Macquarie	OCBC	11.72	13	Outperform
05/07/21	Lim & Tan	OCBC	12.4	0	Accumulate
05/10/21	phillip	OCBC	12.56	14.63	Buy	GGM, PB1.27x
05/10/21	Kim Eng	OCBC	12.56	14.17	Buy	PB
05/10/21	DBS Vickers	OCBC	12.56	14	Buy	GGM, PB1.1x FY22
05/12/21	Macquarie	OCBC	12.31	14.1	Outperform
05/14/21	UOB Kay Hian	OCBC	12.03	15.5	Buy	GGM, PB1.28x FY22
05/14/21	DMG & Partners	OCBC	12.03	14.3	Buy
06/02/21	DBS Vickers	OCBC	12.56	14	Buy	GGM, PB1.1x FY22
06/04/21	UOB Kay Hian	OCBC	12.42	15.5	Buy
06/07/21	phillip	OCBC	12.36	14.63	Buy
06/21/21	Kim Eng	OCBC	12.05	14.17	Buy	DDM
06/29/21	CIMB	OCBC	11.9	13.75	Add
07/02/21	UOB Kay Hian	OCBC	11.9	15.5	Buy
07/05/21	Macquarie	OCBC	11.88	14.1	Outperform
07/09/21	phillip	OCBC	11.74	14.63	Buy
07/19/21	UOB Kay Hian	OCBC	12.07	15.52	Buy
07/23/21	DBS Vickers	OCBC	12.12	14	Buy	PB
07/29/21	CIMB	OCBC	12.07	13.75	Add
08/04/21	DBS Vickers	OCBC	12.24	14	Buy	GGM, PB1.1x FY22
08/04/21	Lim & Tan	OCBC	12.24	14	Buy
08/05/21	phillip	OCBC	12.46	15.65	Buy
08/05/21	Kim Eng	OCBC	12.46	14.3	Buy	DDM
08/06/21	Macquarie	OCBC	12.43	14.1	Outperform
08/06/21	DMG & Partners	OCBC	12.43	14.3	Buy
08/10/21	phillip	OCBC	12.42	14.22	Buy	GGM, PB1.24x FY21
08/10/21	UOB Kay Hian	OCBC	12.42	15.65	Buy
09/01/21	CIMB	OCBC	11.43	13.75	Add
09/16/21	DMG & Partners	OCBC	11.6	14.3	Buy
10/01/21	DBS Vickers	OCBC	11.5	14	Buy

Stock calls for 18 October 2021

Date	Analyst	Company	Last	Target	Call	Valuation
10/18/21	UOB Kay Hian	ARA Logistics	0.89	1.07	Accept Offer	DDM
10/18/21	Lim & Tan	ARA Logistics	0.89	0	Accept Offer
10/18/21	DMG & Partners	ARA Logistics	0.89	0.95	Take Profit
10/18/21	Kim Eng	Aztech	1.07	1.26	Buy	PER10x FY22
10/18/21	Phillip	Capitaland Investment	3.41	4	Accumulate	Sum of parts
10/18/21	Amfrasers	Rex	0.31	0.4	Outperform	DCF
10/18/21	CIMB	SATS	4.35	4.66	Hold
10/18/21	CIMB	SIA	5.55	5.76	Hold
10/18/21	CIMB	SIA Engineering	2.23	2.85	Add
10/18/21	CIMB	UOL	7.27	8	Add	RNAV

Singapore Nodx increased 12.3% yoy in September 2021.

https://www.theedgesingapore.com/news/singapore-economy/singapores-nodx-grows-123-september-beating-expectations

Year on year changes (YOY):

September 2021: 12.3%

August 2021: 2.7%

July 2021: 12.7%

June 2021: 15.9%

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%

Baltic dry index - 4854

 Related stock: Sembcorp Marine, Cosco & Pan ocean.

US rig count (weekly) - 543

 

Related stock: Sembcorp Marine & Cosco.

Indian military and press created falsehoods and were rebuffed by China with some embarrassing pictures. - Part 2

China had released a video to show that its Chinese troops treated the Indian POWs with dignity and in the most humane way possible.  The Chinese troops also treated the injured Indian POWs and held onto them while they walked.