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Tuesday, July 18, 2023

Innotek - Stock calls

Date

Analyst

Company

Last

Target

Call

Valuation

11/28/22

Lim & Tan

Innotek

0.42

0.6

Buy

EV/Ebitda1.5x FY22

03/01/23

Lim & Tan

Innotek

0.475

0.6

Accumulate


04/14/23

Lim & Tan

Innotek

0.495

0.6

Accumulate


Stock calls for 17 July 2023

Date

Analyst

Company

Last

Target

Call

Valuation

07/17/23

CIMB

Centurion

0.4

0.58

Add


07/17/23

Lim & Tan

Centurion

0.4

0.55

Buy

PER7.5x FY23

07/17/23

Lim & Tan

Ho Bee

2.01

3.8

Accumulate


07/17/23

UOB Kay Hian

Wilmar

3.81

4.35

Buy

Sum of parts

Singapore NODX declined 15.5% in June 2023.

Year-on-year changes:
June 2023: -15.5%
May 2023: -14.7%
April 2023: -9.8%
March 2023: -8.3%
February 2023: -15.6%
January 2023: -25%
December 2022: -20.6%
November 2022: -14.6%
October 2022: -5.6%
September 2022: 3.1%
August 2022: 11.4%
July 2022: 7%
June 2022: 9%

May 2022: 12.4%

April 2022: 6.4%

March 2022: 7.7%

February 2022: 9.5%

January 2022: 17.6%

December 2021: 18.4%

November 2021: 24.2%

October 2021: 17.9%

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%

Sunday, July 16, 2023

US consumer sentiment has been rising in a searing inflation situation.

Why is the US consumer sentiment rising in a searing inflation situation?

This is because of the pandemic aids that the US government has been giving out and this is not sustainable as the excess US household savings are dwindling.

Baltic dry index - 1090

Related stock: Sembcorp Marine, Cosco & Pan Ocean.

US rig count (weekly) - 675

Related stock: Sembcorp Marine & Cosco.

IHH Healthcare - Stock calls

Date

Analyst

Company

Last

Target

Call

Valuation

08/18/22

DBS Vickers

IHH Healthcare

2.02

2.44

Buy

Ringgit $7.90 target price

08/29/22

DBS Vickers

IHH Healthcare

1.97

2.55

Buy

Ringgit $7.90 target price

08/30/22

CIMB

IHH Healthcare

1.97

2.74

Add

Ringgit $8.07 target price, Sum of parts

09/13/22

CIMB

IHH Healthcare

1.93

2.5

Add

Ringgit $8.07 target price, Sum of parts

10/25/22

DBS Vickers

IHH Healthcare

1.79

2.37

Buy

Ringgit $7.90 target price

11/30/22

DBS Vickers

IHH Healthcare

1.81

2.55

Buy

Ringgit $7.90 target price

01/16/23

UOB Kay Hian

IHH Healthcare

1.82

2.17

Buy

Ringgit $7.10 target price

02/23/23

DBS Vickers

IHH Healthcare

1.83

2.55

Buy

Ringgit $7.90 target price (EV/Ebitda14x CY22)

03/02/23

DBS Vickers

IHH Healthcare

1.73

2.2

Buy

Ringgit $7.90 target price

03/06/23

CIMB

IHH Healthcare

1.78

2.2

Add

Ringgit $7.33 target price

03/06/23

UOB Kay Hian

IHH Healthcare

1.78

2.04

Buy

Ringgit $6.80 target price

06/01/23

DBS Vickers

IHH Healthcare

1.69

2.2

Buy


07/14/23

UOB Kay Hian

IHH Healthcare

1.64

1.99

Buy

Ringgit $6.80 target price