Date | Analyst | Company | Last | Target | Call |
05/31/21 | Amfrasers | Japan Foods | 0.33 | 0.46 | Neutral |
05/31/21 | DMG & Partners | Japan Foods | 0.395 | 0.37 | Neutral |
06/30/21 | Amfrasers | Japan Foods | 0.405 | 0.65 | Outperform |
07/12/21 | DMG & Partners | Japan Foods | 0.42 | 0.5 | Buy |
11/10/21 | Amfrasers | Japan Foods | 0.41 | 0.56 | Outperform |
Saturday, April 2, 2022
Japan Foods - Stock calls
Stock calls for 1 April 2022
Date | Analyst | Company | Last | Target | Call | Valuation |
04/01/22 | DMG & Partners | China Aviation Oil | 0.915 | 1 | Neutral | Sum of parts |
04/01/22 | CIMB | DBS | 35.83 | 39.9 | Add | |
04/01/22 | CIMB | Keppel Corp | 6.42 | 7.2 | Add | Sum of parts |
04/01/22 | Lim & Tan | Keppel Corp | 6.42 | 6.85 | Buy | |
04/01/22 | CIMB | OCBC | 12.38 | 14.21 | Add | |
04/01/22 | Lim & Tan | Singtel | 2.64 | 3.16 | Accumulate | |
04/01/22 | UOB Kay Hian | Thai Beverage | 0.715 | 0.9 | Buy | Sum of parts |
04/01/22 | CIMB | UOB | 32.02 | 35.4 | Add | |
04/01/22 | UOB Kay Hian | Wilmar | 4.71 | 5.5 | Buy | Sum of parts |
04/01/22 | DBS Vickers | Yangzijiang | 1.53 | 2.15 | Buy | Sum of parts |
Friday, April 1, 2022
Which countries are on the wrong side of history?
Before we embark on this topic, let's find out the total number of UN members first (193 Member States).
Next, let's find out the total number of countries (48 Member States) that sanctioned Russia over the Ukraine invasion.
Therefore, we can conclude that only 25% of UN member states have sanctioned Russia which means that only a minority of UN members support Ukraine.
However, 3 populous countries such as China (1.44B), India (1.38B) and Indonesia (0.27B) are supporting Russia. In other words, these 3 populous countries represent close to 40% (3.09B/7.9B) of the world population.
China, India, and Indonesia are supporting Russia by buying Russian oil and the oil transactions are boosting the Russian coffer.
India had imported at least 13m barrels of oil in late February from Russia.
https://sg.news.yahoo.com/us-says-no-red-line-125814636.html
Indonesia is also mulling purchases of Russian oil too.
We can tell from these countries' actions that more countries and politicians are able to discern the truth behind the Ukraine invasion.
If you still don't know the truth, please read our previous post below.
http://sg-stock.blogspot.com/2022/03/the-hard-truth-russia-is-not-wrong-to.html
Thursday, March 31, 2022
Ix Biopharma - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
02/19/21 | Phillip | Ix Biopharma | 0.255 | 0.445 | Buy | DCF |
04/08/21 | Phillip | Ix Biopharma | 0.255 | 0.445 | Buy | DCF |
06/14/21 | Phillip | Ix Biopharma | 0.24 | 0.445 | Buy | DCF |
10/20/21 | Phillip | Ix Biopharma | 0.235 | 0.335 | Buy | DCF |
11/29/21 | Phillip | Ix Biopharma | 0.23 | 0.355 | Buy | DCF |
Isoteam - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/24/22 | DMG & Partners | Isoteam | 0.112 | 0.12 | Neutral | DCF |
ISDN - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/05/21 | CIMB | ISDN | 0.425 | 0.65 | Add | |
01/07/21 | CIMB | ISDN | 0.43 | 0.72 | Add | PER12x FY22 |
02/08/21 | CIMB | ISDN | 0.715 | 0.72 | Hold | |
03/03/21 | CIMB | ISDN | 0.61 | 0.72 | Add | PER12x FY22 |
04/29/21 | CIMB | ISDN | 0.705 | 0.844 | Add | PER12.5x FY22 |
06/28/21 | CIMB | ISDN | 0.685 | 0.844 | Add | PER12.5x FY22 |
07/05/21 | Amfrasers | ISDN | 0.73 | 0.85 | Outperform | PER14x |
07/29/21 | CIMB | ISDN | 0.71 | 0.844 | Add | PER12.5x CY22 |
08/17/21 | CIMB | ISDN | 0.7 | 0.85 | Add | |
09/14/21 | CIMB | ISDN | 0.675 | 0.85 | Add | |
11/15/21 | CIMB | ISDN | 0.65 | 1 | Add | |
01/06/22 | CIMB | ISDN | 0.715 | 1 | Add | |
02/28/22 | CIMB | ISDN | 0.65 | 0.96 | Add | |
03/15/22 | CIMB | ISDN | 0.57 | 0.96 | Add |
Stock calls for 31 March 2022
Date | Analyst | Company | Last | Target | Call | Valuation |
03/31/22 | Lim & Tan | Comfortdelgro | 1.49 | 1.77 | Accumulate | |
03/31/22 | CIMB | Japfa | 0.72 | 0.81 | Add | PER13.1x FY22 |
03/31/22 | Lim & Tan | Tianjin Zhongxin | 1.08 | 1.6 | Buy | |
03/31/22 | DMG & Partners | Venture | 17.81 | 22.8 | Buy | PER19x FY22 |
Wednesday, March 30, 2022
The US 2 and 10 years treasury yield spread is narrowing and is on the verge to invert.
The US treasury yield spread (2 & 10 years) is approaching zero and negative territory.
What does this mean?
Historically, whenever there is a yield inversion between 2 and 10 years treasury yield, a recession will happen within 2 years after the yield inversion.
Therefore, the earliest recession year will be in 2023 if this yield inversion happens now.