SPH - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
10/14/20	DBS Vickers	SPH	1.05	1.09	Hold	Sum of parts
10/14/20	CIMB	SPH	1.05	1.1	Hold	Sum of parts (30% disc)
10/14/20	Lim & Tan	SPH	1.05	0	Hold
10/15/20	UOB Kay Hian	SPH	1	1.12	Hold	Sum of parts, Buy @ $1
11/23/20	Lim & Tan	SPH	1.25	0	Hold
01/07/21	CIMB	SPH	1.13	1.1	Hold	Sum of parts
01/20/21	CIMB	SPH	1.21	1.31	Hold	Sum of parts
01/21/21	UOB Kay Hian	SPH	1.22	1.22	Hold	Buy @ $1.05
03/30/21	UOB Kay Hian	SPH	1.5	1.74	Buy
03/31/21	CIMB	SPH	1.5	2.09	Add	Sum of parts
03/31/21	UOB Kay Hian	SPH	1.5	1.85	Buy	Sum of parts
03/31/21	Lim & Tan	SPH	1.5	0	Accumulate
04/06/21	OCBC	SPH	1.77	1.92	Buy	Sum of parts
05/07/21	CIMB	SPH	1.79	2.09	Add	$1.94 target, Sum of parts (20% disc)
05/07/21	OCBC	SPH	1.79	1.92	Hold
05/10/21	UOB Kay Hian	SPH	1.52	1.85	Buy	Sum of parts
06/18/21	CIMB	SPH	1.83	2.19	Add	PB
07/21/21	UOB Kay Hian	SPH	1.8	2	Buy	Sum of parts
07/21/21	Lim & Tan	SPH	1.8	0	Accumulate
08/03/21	DBS Vickers	SPH	1.88	2.1	Accept offer	offer price $2.099
08/03/21	CIMB	SPH	1.88	2.19	Buy	Sum of parts
08/03/21	Lim & Tan	SPH	1.88	0	Accept offer	offer price $2.099
08/05/21	OCBC	SPH	1.92	1.92	Hold
08/05/21	UOB Kay Hian	SPH	1.92	2.1	Buy	Sum of parts (5% disc)
10/06/21	Lim & Tan	SPH	1.98	0	Hold
10/07/21	UOB Kay Hian	SPH	1.98	2.1	Accept offer	Sum of parts
11/02/21	UOB Kay Hian	SPH	2.12	2.15	Accept offer

Stock calls for 5 November 2021

Date	Analyst	Company	Last	Target	Call	Valuation
11/05/21	CIMB	AEM	4.13	5.59	Add
11/05/21	Phillip	ART	1.05	1.19	Accumulate	DDM
11/05/21	DMG & Partners	CDL Hospitality	1.19	1.25	Neutral
11/05/21	Lim & Tan	DBS	32.21	0	Hold
11/05/21	DMG & Partners	Frasers Centrepoint Trust	2.36	2.45	Neutral
11/05/21	CIMB	Grand Venture	1.34	1.69	Add
11/05/21	CIMB	Manulife US Reit	0.695	0.918	Add	DDM
11/05/21	Phillip	Manulife US Reit	0.695	0.84	Accumulate	DDM
11/05/21	Kim Eng	Manulife US Reit	0.695	1	Buy	DDM
11/05/21	UOB Kay Hian	OCBC	11.87	15.35	Buy
11/05/21	Kim Eng	OCBC	11.87	14.67	Buy	DDM
11/05/21	DMG & Partners	OCBC	11.87	15.1	Buy
11/05/21	CIMB	Parkway Life	4.65	5.05	Add	DDM
11/05/21	DBS Vickers	Prime US Reit	0.865	1	Buy
11/05/21	DBS Vickers	SBS Transit	3	3.44	Hold
11/05/21	DBS Vickers	SIA Engineering	2.19	2.05	Hold
11/05/21	DBS Vickers	Singapore Post	0.665	0.69	Hold
11/05/21	CIMB	Singapore Post	0.665	0.9	Add
11/05/21	phillip	UOB	27.2	29	Accumulate	GGM, PB1.17x FY21
11/05/21	Kim Eng	UOB	27.2	31.15	Buy	DDM
11/05/21	Phillip	Venture	18.95	19.2	Neutral	PER16x FY22
11/05/21	DBS Vickers	Venture	18.95	22.7	Buy
11/05/21	UOB Kay Hian	Venture	18.95	22.04	Buy
11/05/21	Kim Eng	Venture	18.95	19.18	Hold	PER17.3x FY22
11/05/21	Lim & Tan	Venture	18.95	0	Buy on weakness

The world economic conditions have deteriorated further. - Part 2

https://sg.finance.yahoo.com/news/u-labor-costs-surge-third-130533380.html

Just as we've projected, the US labour costs had surged significantly recently.  Once the wages have gone up, they won't come back down and this will affect inflation.

If you would like to know about US inflation and GDP, please watch our videos.

http://sg-stock.blogspot.com/2021/06/our-first-webcast-is-current-inflation.html

http://sg-stock.blogspot.com/2021/06/webcast-2-current-inflation-is-real-and_22.html

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

http://sg-stock.blogspot.com/2021/07/webcast-4-us-will-be-experiencing.html

Janet Yellen will be removing the US-China tariffs soon. - Part 2

https://www.reuters.com/business/bidens-new-china-trade-plan-echoes-trumps-assumes-beijing-wont-change-2021-10-04/

Just as we had predicted, the US would be removing some US-China tariffs soon.  We're right again!

http://sg-stock.blogspot.com/2021/07/janet-yellen-will-be-removing-us-china.html

Let's see how this will pan out. The US has to find a graceful exit from the tariffs.  Hahaha!

Soilbuild Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
10/16/20	Lim & Tan	Soilbuild Reit	0.485	0	Hold
10/20/20	Amfrasers	Soilbuild Reit	0.49	0.48	Neutral
12/15/20	Lim & Tan	Soilbuild Reit	0.535	0	Accept offer