Date | Analyst | Company | Last | Target | Call | Valuation |
02/08/21 | phillip | Q&M | 0.485 | 0.7 | Buy | PER20x FY21 + assoc cap |
03/10/21 | CIMB | Q&M | 0.645 | 0.92 | Add | PER20x FY22 |
03/30/21 | Kim Eng | Q&M | 0.605 | 0.87 | Buy | PER22x FY21 |
04/30/21 | DBS Vickers | Q&M | 0.62 | 0.81 | Buy | Sum of parts |
05/12/21 | CIMB | Q&M | 0.61 | 0.97 | Add | |
05/12/21 | Lim & Tan | Q&M | 0.61 | 0 | Buy | |
05/18/21 | Kim Eng | Q&M | 0.655 | 0.87 | Buy | |
05/19/21 | phillip | Q&M | 0.67 | 1 | Buy | PER25x FY21 |
05/20/21 | DBS Vickers | Q&M | 0.685 | 0.84 | Buy | Sum of parts |
06/09/21 | Lim & Tan | Q&M | 0.67 | 0.88 | Buy | |
06/11/21 | Amfrasers | Q&M | 0.675 | 0.91 | Outperform | |
06/29/21 | UOB Kay Hian | Q&M | 0.76 | 0.94 | Buy | PER20x FY22 |
07/06/21 | phillip | Q&M | 0.83 | 1 | Buy | |
07/27/21 | DBS Vickers | Q&M | 0.805 | 1 | Buy | Sum of parts |
08/16/21 | CIMB | Q&M | 0.855 | 0.97 | Add | |
08/17/21 | DBS Vickers | Q&M | 0.815 | 1 | Buy | Sum of parts |
08/18/21 | Kim Eng | Q&M | 0.805 | 1.03 | Buy | PER22x FY22 |
08/19/21 | Lim & Tan | Q&M | 0.81 | 1 | Buy | |
08/23/21 | phillip | Q&M | 0.775 | 0.98 | Buy | PER25x FY22 |
09/15/21 | Kim Eng | Q&M | 0.57 | 0.85 | Buy | PER22x FY22 |
09/16/21 | CIMB | Q&M | 0.58 | 0.89 | Add | PER22x FY22 |
10/05/21 | Lim & Tan | Q&M | 0.565 | 0.85 | Buy | |
10/11/21 | CIMB | Q&M | 0.61 | 0.89 | Add | |
10/14/21 | Kim Eng | Q&M | 0.575 | 0.85 | Buy | |
11/11/21 | DBS Vickers | Q&M | 0.56 | 1 | Buy | |
11/12/21 | CIMB | Q&M | 0.575 | 0.835 | Add | |
11/18/21 | Kim Eng | Q&M | 0.595 | 0.78 | Buy | PER22x FY22 |
11/19/21 | phillip | Q&M | 0.595 | 0.82 | Buy | PER25x FY22 |
11/26/21 | DBS Vickers | Q&M | 0.605 | 0.8 | Buy | Sum of parts |
12/01/21 | UOB Kay Hian | Q&M | 0.65 | 0.78 | Buy | |
12/08/21 | Lim & Tan | Q&M | 0.62 | 0 | Buy | |
01/07/22 | phillip | Q&M | 0.615 | 0.82 | Buy | |
01/17/22 | Lim & Tan | Q&M | 0.61 | 0.8 | Buy |
Wednesday, January 19, 2022
Q&M - Stock calls
Stock calls for 19 January 2022
Date | Analyst | Company | Last | Target | Call | Valuation |
01/19/22 | DBS Vickers | City Developments | 7.13 | 10.5 | Buy | |
01/19/22 | Phillip | Fortress Minerals | 0.44 | 0.5 | Accumulate | PER10x FY22 |
01/19/22 | CIMB | GKE | 0.116 | 0.16 | Add | Sum of parts, PER11.7x CY22 |
01/19/22 | CIMB | Nanofilm | 3.3 | 3.92 | Add | PER22.25x, PEG1x |
01/19/22 | DBS Vickers | SIA Engineering | 2.18 | 2.65 | Buy | |
01/19/22 | Lim & Tan | SIA Engineering | 2.18 | 2.75 | Accumulate | |
01/19/22 | CIMB | Venture | 18.14 | 23.32 | Add | |
01/19/22 | UOB Kay Hian | Wilmar | 4.24 | 6 | Buy | PER19x FY22 |
The true economic situation in the US. - Part 2
https://finance.yahoo.com/news/traders-pricing-risk-first-half-195951919.html
Did we spook the market again with our latest post below? Hahaha!
http://sg-stock.blogspot.com/2022/01/the-true-economic-situation-in-us.html
The traders are pricing in a 50bp hike in March 2022 now. Well, it makes sense for them to price in a 50bp hike in March or more aggressive hikes for 2022 because the current US FED (Powell) is a very political person. He will try not to have aggressive rate hikes in the latter half of 2022 because this will ruin Biden's election. In a nutshell, the current US FED is no longer an independent entity.
Tuesday, January 18, 2022
The true economic situation in the US.
Since the US is a service-oriented economy, it is heavily dependent on the retail sector for its employment. We can see this high correlation between non-farm payroll employment and retail sales on the chart below.
The high inflation is causing retail sales to plunge and this will inevitably hurt the US employment rate later. Therefore, the US has to resolve the high inflation urgently in the 1st half of 2022 because hiking rates in the 2nd half of 2022 will cause President Biden to lose his mid-term election in November 2022.
The high inflation is also causing lootings in the US.
https://edition.cnn.com/2022/01/14/economy/la-freight-railroad-theft/index.html
Therefore, the US Fed cannot afford to wait any longer or the unemployment rate will spike up later. The US is facing a conundrum now because it has to hike its rates more aggressively in the 1st half to safeguard Biden's election.