Golden Agri - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/11/22	DMG & Partners	Golden Agri	0.245	0.24	Neutral
01/11/22	CIMB	Golden Agri	0.245	0.335	Add
02/28/22	DMG & Partners	Golden Agri	0.29	0.26	Neutral
02/28/22	OCBC	Golden Agri	0.29	0.32	Hold
03/03/22	DMG & Partners	Golden Agri	0.305	0.315	Neutral
03/03/22	Lim & Tan	Golden Agri	0.305	0	Accumulate
03/14/22	DMG & Partners	Golden Agri	0.3	0.31	Neutral
04/12/22	DMG & Partners	Golden Agri	0.305	0.31	Neutral
05/13/22	DMG & Partners	Golden Agri	0.28	0.3	Neutral	Sum of parts
05/16/22	CIMB	Golden Agri	0.28	0.3	Hold
05/18/22	OCBC	Golden Agri	0.28	0.3	Hold
07/12/22	CIMB	Golden Agri	0.265	0.3	Hold
08/11/22	DMG & Partners	Golden Agri	0.275	0.29	Neutral	Sum of parts
08/15/22	DMG & Partners	Golden Agri	0.275	0.3	Neutral	Sum of parts
09/02/22	Lim & Tan	Golden Agri	0.275	0.4	Buy
11/15/22	DMG & Partners	Golden Agri	0.285	0.33	Buy
03/01/23	OCBC	Golden Agri	0.265	0.31	Buy
03/01/23	DMG & Partners	Golden Agri	0.265	0.34	Buy	Sum of parts

Stock calls for 10 April 2023

Date	Analyst	Company	Last	Target	Call	Valuation
04/10/23	DBS Vickers	Digicore Reit	0.455	0.9	Buy
04/10/23	DBS Vickers	Keppel DC Reit	2.08	2.35	Buy
04/10/23	DBS Vickers	Mapletree Industrial	2.38	2.7	Buy
04/10/23	Kim Eng	ST Engineering	3.68	4.1	Buy
04/10/23	UOB Kay Hian	Thai Beverage	0.655	0.78	Buy	Sum of parts

US job gap is improving but the gap is still very wide.

The mismatch in the labour market is still very wide at around 4m.  The improvement in the job gap is due to a reduction in job openings and not an increase in hires.  This means that the US economy is decelerating.

Baltic dry index - 1560

Related stock: Sembcorp Marine, Cosco & Pan Ocean.

US rig count (weekly) - 751

 Related stock: Sembcorp Marine & Cosco.

GKE - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/19/22	CIMB	GKE	0.116	0.16	Add	Sum of parts, PER11.7x CY22
01/26/22	SAC Capital	GKE	0.11	0.123	Hold	Sum of parts, PER13.5x FY22
06/28/22	CIMB	GKE	0.104	0.1	Hold
01/18/23	CIMB	GKE	0.087	0.094	Hold

GHY - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/04/22	DBS Vickers	GHY	0.425	0.45	Hold	Sum of parts
08/10/22	DBS Vickers	GHY	0.47	0.45	Hold	Sum of parts
08/19/22	DBS Vickers	GHY	0.47	0.43	Hold	Sum of parts
02/20/23	DBS Vickers	GHY	0.405	0.43	Hold
03/16/23	DBS Vickers	GHY	0.42	0.45	Hold	Sum of parts