Stock calls for 8 December 2025

Date	Analyst	Company	Last	Target	Call	Valuation
12/08/25	DBS Vickers	ART	0.935	1.15	Buy	DCF
12/08/25	Lim & Tan	Capitaland Investment	2.61	3.39	Buy
12/08/25	DBS Vickers	CDL Hospitality	0.81	1	Buy
12/08/25	DBS Vickers	Cenurion Accommodation	1.1	1.3	Buy	DCF
12/08/25	DBS Vickers	Far East Hospitality	0.61	0.7	Buy	DCF
12/08/25	Phillip	LHN	0.69	0.85	Buy	Sum of parts
12/08/25	SAC Capital	Lincotrade	0.2	0.301	Buy
12/08/25	UOB Kay Hian	Marco Polo	0.14	0.188	Buy	PER20.5x FY26
12/08/25	UOB Kay Hian	Seatrium	2.12	2.96	Buy	PB1.5x
12/08/25	UOB Kay Hian	Yangzijiang Shipping	3.43	4.1	Buy	PER9.3x FY26

The US inflation is still a big problem but the US Fed will still ease its rates for this upcoming FOMC.

The monthly PCE and core PCE are relatively stable for the past 3 consecutive months with no sign of abatement. 

The US 1-year inflation expectation is still at a relatively high of 4.1% and the 5-year inflation expectation is still above 3% which is way above the Fed's neutral rate of 2%.

However, the US Fed is expected to ease its rates as shown by the Fedwatch tool below.

This upcoming easing will definitely impact the US inflation for next year.

Baltic dry index - 2727

Related stock: Seatrium, Cosco & Pan Ocean.

US rig count (weekly) - 549

 
Related stock: Seatrium & Cosco.

Sasseur - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/20/25	DBS Vickers	Sasseur	0.69	0.95	Buy	DCF
02/21/25	phillip	Sasseur	0.69	0.81	Buy	DDM
02/21/25	DBS Vickers	Sasseur	0.69	0.9	Buy	DCF
02/25/25	CIMB	Sasseur	0.69	0.85	Add
03/24/25	Amfrasers	Sasseur	0.665	0.9	Outperform	DDM
05/16/25	phillip	Sasseur	0.63	0.78	Buy	DDM
05/30/25	UOB Kay Hian	Sasseur	0.63	0.98	Buy
08/15/25	phillip	Sasseur	0.7	0.78	Buy	DDM
11/17/25	CIMB	Sasseur	0.675	0.9	Add	DDM
11/28/25	Amfrasers	Sasseur	0.68	0.87	Outperform	DDM

Sanli Environment - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/11/25	SAC Capital	Sanli Env	0.157	0.228	Buy
08/18/25	Kim Eng	Sanli Env	0.21	0.38	Buy	PER15x FY26/27
09/04/25	CIMB	Sanli Env	0.275	0.51	Add	PER
09/30/25	Kim Eng	Sanli Env	0.265	0.38	Buy	PER15x FY26/27
10/21/25	Kim Eng	Sanli Env	0.285	0.38	Buy	PER15x FY26/27
10/22/25	Lim & Tan	Sanli Env	0.31	0.44	Buy
10/23/25	Kim Eng	Sanli Env	0.311	0.5	Buy
11/11/25	Kim Eng	Sanli Env	0.34	0.53	Buy	PER
11/17/25	Kim Eng	Sanli Env	0.315	0.5	Buy	PER
11/25/25	CIMB	Sanli Env	0.29	0.47	Add	PER

Sabana - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/22/25	Lim & Tan	Sabana	0.375	0.3	Avoid
03/13/25	Lim & Tan	Sabana	0.365	0	Hold

Stock calls for 5 December 2025

Date	Analyst	Company	Last	Target	Call	Valuation
12/05/25	UOB Kay Hian	BRC Asia	4.01	4.9	Buy	PER14x FY26
12/05/25	DBS Vickers	Sheng Siong	2.62	2.6	Hold	PER23.7x FY26
12/05/25	Lim & Tan	UOL	8.62	0	Accumulate

Hot news: PM Sanae is corrupted!

PM Sanae is not going to last long in her position.  This scandal won't be exposed if she had not offended China. Hahaha!

Riverstone - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/09/25	DMG & Partners	Riverstone	1.07	1.22	Buy	DCF, PER20x FY25
02/24/25	DMG & Partners	Riverstone	1	1.2	Buy	DCF, PER20x FY25
02/25/25	UOB Kay Hian	Riverstone	0.99	1.16	Buy	PER20x FY25
02/25/25	DMG & Partners	Riverstone	0.99	1.18	Buy	DCF, PER19x FY25
05/08/25	DMG & Partners	Riverstone	0.935	1.08	Buy
05/09/25	UOB Kay Hian	Riverstone	0.855	0.82	Hold	PER18x FY25
05/13/25	DMG & Partners	Riverstone	0.765	0.95	Buy	DCF
06/19/25	UOB Kay Hian	Riverstone	0.675	0.71	Hold	PER16x FY25
07/01/25	DMG & Partners	Riverstone	0.67	0.95	Buy	DCF
10/08/25	UOB Kay Hian	Riverstone	0.755	0.98	Buy	PER20x FY26
10/14/25	CIMB	Riverstone	0.82	0.91	Add	PER
11/12/25	UOB Kay Hian	Riverstone	0.81	1.05	Buy	PER22x FY26
11/12/25	CIMB	Riverstone	0.81	0.91	Add	PER

RH Petrogas - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/05/25	UOB Kay Hian	RH Petrogas	0.156	0.254	Buy	Sum of parts
08/19/25	UOB Kay Hian	RH Petrogas	0.178	0.245	Buy	Sum of parts

Reclaims Group - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
11/28/25	SAC Capital	Reclaims Group	0.39	0.497	Buy

Stock calls for 4 December 2025

Date	Analyst	Company	Last	Target	Call	Valuation
12/04/25	Lim & Tan	City Developments	7.31	8.12	Hold
12/04/25	DBS Vickers	Dairy Farm	3.67	4.5	Buy	PER21x FY26
12/04/25	Tickrs Financial	Nanofilm	0.63	0.75	Buy
12/04/25	DBS Vickers	UOL	8.68	8.8	Buy	RNAV (40% disc)

Chinese citizens bashed PM Wong over Sino-Japan spat. - Part 8

The HK media has embarked on its scathing retorts against Singapore news media and PM Wong now because it feels disgruntled over SG smearing campaign.

Our PM Wong has offended HK, Taiwan and China now.  Sigh!

Raffles Medical - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
12/05/24	DMG & Partners	Raffles Medical	0.885	0.9	Neutral	Sum of parts
01/17/25	UOB Kay Hian	Raffles Medical	0.84	1.01	Hold	PER28x FY25
01/20/25	Kim Eng	Raffles Medical	0.84	1	Hold
02/25/25	UOB Kay Hian	Raffles Medical	0.88	1.06	Buy	PER28x FY25
02/25/25	phillip	Raffles Medical	0.88	1.02	Accumulate	DCF
02/25/25	DBS Vickers	Raffles Medical	0.88	1.12	Buy	Sum of parts, PER25x
02/25/25	DMG & Partners	Raffles Medical	0.88	0.95	Neutral	Sum of parts
02/25/25	Kim Eng	Raffles Medical	0.88	1.03	Buy
04/08/25	UOB Kay Hian	Raffles Medical	0.92	1.06	Buy	PER28x FY25
04/08/25	DMG & Partners	Raffles Medical	0.92	1.08	Buy	Sum of parts
04/24/25	Kim Eng	Raffles Medical	1.01	1.13	Buy	DCF
06/11/25	Lim & Tan	Raffles Medical	0.975	1.11	Accumulate on weakness
06/23/25	DMG & Partners	Raffles Medical	0.955	1.08	Buy	Sum of parts
06/30/25	UOB Kay Hian	Raffles Medical	0.965	1.06	Buy	PER28x FY25
07/08/25	UOB Kay Hian	Raffles Medical	1	1.18	Buy	PER31x FY25
07/28/25	DBS Vickers	Raffles Medical	1.05	1.12	Buy	Sum of parts, PER25x
07/28/25	Lim & Tan	Raffles Medical	1.05	1.13	Hold
07/29/25	UOB Kay Hian	Raffles Medical	1.07	1.25	Buy	PER31x FY25
07/29/25	DBS Vickers	Raffles Medical	1.07	1.32	Buy	PER30x FY26
07/31/25	phillip	Raffles Medical	1.02	1.02	Neutral	DCF
08/06/25	DMG & Partners	Raffles Medical	1.01	1.1	Neutral	Sum of parts
10/01/25	DBS Vickers	Raffles Medical	0.98	1.32	Buy	PER30x FY26
11/26/25	DMG & Partners	Raffles Medical	0.975	1.15	Buy	Sum of parts

Q&M - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/20/25	Kim Eng	Q&M	0.275	0.31	Hold
01/21/25	Lim & Tan	Q&M	0.28	0.35	Accumulate on weakness
02/11/25	phillip	Q&M	0.28	0.36	Buy	PER20x FY24
03/13/25	phillip	Q&M	0.29	0.4	Buy	PER18x FY25
03/28/25	Amfrasers	Q&M	0.29	0.35	outperform	DCF
04/02/25	CIMB	Q&M	0.3	0.43	Add
06/12/25	CIMB	Q&M	0.4	0.49	Add
08/18/25	CIMB	Q&M	0.43	0.49	Add	PER
08/18/25	Kim Eng	Q&M	0.43	0.31	Hold
08/20/25	phillip	Q&M	0.465	0.545	Buy	PER25x FY26
10/17/25	Lim & Tan	Q&M	0.47	0.49	Buy