Date | Analyst | Company | Last | Target | Call | Valuation |
01/02/24 | Phillip | ST Engineering | 3.89 | 4.5 | Buy | |
02/13/24 | DBS Vickers | ST Engineering | 3.77 | 4.5 | Buy | PER21.5x FY24/25 |
02/13/24 | CIMB | ST Engineering | 3.77 | 4.36 | Add | |
02/19/24 | DMG & Partners | ST Engineering | 3.91 | 4.45 | Buy | |
02/21/24 | DMG & Partners | ST Engineering | 3.92 | 4.5 | Buy | Sum of parts |
02/21/24 | CIMB | ST Engineering | 3.92 | 4.36 | Add | |
03/01/24 | UOB Kay Hian | ST Engineering | 3.98 | 4.5 | Buy | DCF |
03/04/24 | Phillip | ST Engineering | 3.97 | 4.5 | Accumulate | |
03/04/24 | DMG & Partners | ST Engineering | 3.97 | 4.5 | Buy | Sum of parts |
03/04/24 | Lim & Tan | ST Engineering | 3.97 | 0 | Accumulate | |
03/06/24 | OCBC | ST Engineering | 3.92 | 4.6 | Buy | |
03/12/24 | DBS Vickers | ST Engineering | 3.97 | 4.8 | Buy | PER21x FY24 |
03/26/24 | CIMB | ST Engineering | 3.99 | 4.36 | Add | |
04/02/24 | DBS Vickers | ST Engineering | 4.02 | 4.8 | Buy | |
04/08/24 | DMG & Partners | ST Engineering | 3.99 | 4.5 | Buy | Sum of parts |
05/06/24 | DMG & Partners | ST Engineering | 3.94 | 4.5 | Buy | Sum of parts |
05/13/24 | DBS Vickers | ST Engineering | 3.98 | 4.8 | Buy | |
05/13/24 | Citi Research | ST Engineering | 3.98 | 4.62 | Buy | |
05/14/24 | Phillip | ST Engineering | 4.03 | 4.9 | Buy | DCF |
05/14/24 | UOB Kay Hian | ST Engineering | 4.03 | 4.5 | Buy | DCF |
05/14/24 | CIMB | ST Engineering | 4.03 | 4.36 | Add | |
05/14/24 | Lim & Tan | ST Engineering | 4.03 | 0 | Accumulate | |
06/18/24 | Lim & Tan | ST Engineering | 3.98 | 0 | Accumulate | |
06/19/24 | Kim Eng | ST Engineering | 4.03 | 4.3 | Buy | |
06/24/24 | DMG & Partners | ST Engineering | 4.04 | 4.5 | Buy | Sum of parts |
06/25/24 | DBS Vickers | ST Engineering | 4.1 | 4.8 | Buy | |
06/26/24 | Lim & Tan | ST Engineering | 4.14 | 4.53 | Accumulate | |
06/26/24 | Kim Eng | ST Engineering | 4.14 | 4.6 | Buy | Sum of parts |
06/27/24 | JPM | ST Engineering | 4.19 | 4.6 | Buy | |
07/08/24 | DBS Vickers | ST Engineering | 4.26 | 4.8 | Buy | |
07/16/24 | UOB Kay Hian | ST Engineering | 4.38 | 4.95 | Buy | DCF |
07/22/24 | DMG & Partners | ST Engineering | 4.45 | 5 | Buy | Sum of parts |
07/22/24 | CIMB | ST Engineering | 4.45 | 5 | Add | |
08/14/24 | OCBC | ST Engineering | 4.28 | 4.83 | Buy | |
08/14/24 | Citi Research | ST Engineering | 4.28 | 5.12 | Buy | |
08/15/24 | DBS Vickers | ST Engineering | 4.47 | 5 | Buy | |
08/15/24 | UOB Kay Hian | ST Engineering | 4.47 | 4.95 | Buy | DCF |
08/15/24 | Citi Research | ST Engineering | 4.47 | 5.12 | Buy | PER20x FY25 |
08/19/24 | Phillip | ST Engineering | 4.56 | 5 | Accumulate | DCF |
08/20/24 | DMG & Partners | ST Engineering | 4.58 | 5 | Buy | Sum of parts |
08/20/24 | Kim Eng | ST Engineering | 4.58 | 4.8 | Buy | |
09/02/24 | DMG & Partners | ST Engineering | 4.45 | 5 | Buy | Sum of parts |
09/18/24 | Phillip | ST Engineering | 4.64 | 5.32 | Buy | Sum of parts |
09/24/24 | DMG & Partners | ST Engineering | 4.72 | 5.32 | Buy | Sum of parts |
10/02/24 | CIMB | ST Engineering | 4.64 | 5.3 | Add | |
10/09/24 | DMG & Partners | ST Engineering | 4.67 | 5.32 | Buy | Sum of parts |
10/17/24 | Citi Research | ST Engineering | 4.62 | 5.12 | Buy | |
11/18/24 | DBS Vickers | ST Engineering | 4.71 | 5 | Buy | |
11/19/24 | UOB Kay Hian | ST Engineering | 4.45 | 4.95 | Buy | PER20.7x FY26 |
11/19/24 | Phillip | ST Engineering | 4.45 | 5 | Accumulate | DCF |
11/19/24 | DBS Vickers | ST Engineering | 4.45 | 5.4 | Buy | DCF |
11/19/24 | DMG & Partners | ST Engineering | 4.45 | 5.32 | Buy | Sum of parts |
11/19/24 | Kim Eng | ST Engineering | 4.45 | 4.7 | Buy | |
11/19/24 | Citi Research | ST Engineering | 4.45 | 5.12 | Buy | PER20x FY25 |
11/28/24 | DMG & Partners | ST Engineering | 4.46 | 5.2 | Buy | Sum of parts |
12/03/24 | DBS Vickers | ST Engineering | 4.53 | 5.4 | Buy | |
12/10/24 | CIMB | ST Engineering | 4.55 | 5.3 | Add | |
12/16/24 | DMG & Partners | ST Engineering | 4.53 | 5.2 | Buy | Sum of parts |
01/03/25 | Phillip | ST Engineering | 4.65 | 5 | Accumulate | DCF |
01/21/25 | DMG & Partners | ST Engineering | 4.68 | 5.2 | Buy | Sum of parts |
Tuesday, February 4, 2025
ST Engineering - Stock calls
Soilbuild Construction - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
05/07/24 | SAC Capital | Soilbuild Construction | 0.033 | 0.04 | Buy |
Stock calls for 4 February 2025
Date | Analyst | Company | Last | Target | Call | Valuation |
02/04/25 | OCBC | ART | 0.895 | 0.99 | Buy | |
02/04/25 | Lim & Tan | Capitaland Investment | 2.42 | 3.52 | Accumulate | |
02/04/25 | DBS Vickers | CDL Hospitality | 0.855 | 1.1 | Buy | |
02/04/25 | DMG & Partners | Centurion | 0.99 | 1.16 | Buy | |
02/04/25 | Lim & Tan | Keppel Infrastructure | 0.455 | 0.5 | Hold | |
02/04/25 | UOB Kay Hian | SATS | 3.35 | 4 | Buy | PER18.4x FY27 |
02/04/25 | DBS Vickers | Thai Beverage | 0.54 | 0.77 | Buy | PER16x FY25 |
02/04/25 | DBS Vickers | Yangzijiang Shipping | 3.03 | 3.8 | Buy | PB2.5x FY25, PER11x FY25 |
The ISM PMI was a positive sign!
The PMI (50.9, +1.7) increased to expansionary zone (above 50) mainly because of robust consumer demands caused by new order (55.1, +3), new export order (52.4, +2.4) and new local order (est’d +0.6). Consequently, the robust demands boosted the prices to 54.9 (+2.4) which might ignite the US inflation in 2025.
Although the producers increased its employment (50.3, +4.9) and production (52.5, +2.6) to meet the robust demands, the customers’ inventories (46) and inventories (45.9, -2.5) were depleted. The backlog of order (44.9, -1) declined because the production was increased to fulfil the previous orders.
Needless to say, this latest PMI was a positive sign but we’ll need to see a few more months of data to confirm the resiliency of the US economy.
