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Thursday, March 1, 2018

UN Human Rights Council chastises USA over illegal detention.

https://sg.news.yahoo.com/u-n-body-says-u-detention-pakistani-guantanamo-034715334.html

What is the UN going to do about the illegal detention by the USA?

If the UN just chastises the USA, then the illegal detention is still being carried out by the USA without any repercussion or punishment.

Where are those countries that advocate rules-based system or order? Why are these countries keeping mum about this illegal detention?

Those countries which advocate rules-based system or order are just preaching selective rules-based system, not true or universal rules-based system.  What a hypocrite!

Noble's bankruptcy is coming!

https://www.bloombergquint.com/business/2018/02/28/auditor-warns-on-noble-group-s-future-as-assets-turn-negative

E&Y has warned that Noble has an on-going concern.  Furthermore, Goldilocks is rallying other shareholders to reject the restructuring plan.

There is no more hope for Noble anymore.

Japan's Fukushima radiation is still extremely high.

Many Japanese citizens are getting cancers in Japan, not just in Fukushima or regions around it.  However, the Japanese government is covering this up and not telling its citizens the true radiation level in Japan.

Wednesday, February 28, 2018

Another company, Jaya, is leaving SGX.

http://www.businesstimes.com.sg/companies-markets/jaya-holdings-to-delist-from-sgx-on-march-1

The 2nd company to delist from SGX after CWG in 2018.

Sigh!

https://sg-stock.blogspot.sg/2018/02/the-1st-delistment-cwg-in-2018.html

SATS - Stock calls


Date Analyst Company Last Target Call Valuation
01/04/16 UOB Kay Hian SATS 3.84 4.5 Buy
01/25/16 OCBC SATS 3.92 3.78 Hold
02/03/16 UOB Kay Hian SATS 4 4.5 Buy DDM, PER21.5x
02/15/16 CIMB SATS 3.84 3.98 Hold DCF
02/15/16 Citigroup SATS 3.84 4.61 Buy
02/15/16 DBS Vickers SATS 3.84 3.65 Hold
02/15/16 DMG & Partners SATS 3.84 3.7 Neutral DCF
02/15/16 Kim Eng SATS 3.84 3.82 Hold PER18x FY17
02/15/16 OCBC SATS 3.84 4 Hold DDM
02/15/16 phillip SATS 3.84 4.05 Accumulate DCF
03/03/16 UOB Kay Hian SATS 4 4.5 Buy
04/01/16 DMG & Partners SATS 3.95 3.7 Neutral DCF
04/01/16 UOB Kay Hian SATS 3.95 4.5 Buy
04/07/16 OCBC SATS 4.04 4 Hold
04/21/16 phillip SATS 4.06 4.17 Accumulate DCF
04/28/16 Credit Suisse SATS 4 5 Outperform
04/29/16 CIMB SATS 4.17 4.61 Add DCF & PER19x CY17
05/23/16 Lim & Tan SATS 4.45 0 Hold
05/24/16 CIMB SATS 4.25 4.61 Add DCF & PER19x CY17
05/24/16 Credit Suisse SATS 4.25 5 Outperform
05/24/16 OCBC SATS 4.25 4.2 Hold
05/24/16 phillip SATS 4.25 4.17 Neutral DCF, PER21.x FY17
05/24/16 UOB Kay Hian SATS 4.25 4.2 Hold DDM, Buy @ $3.60
05/27/16 DBS Vickers SATS 4.17 4.18 Hold
05/31/16 Kim Eng SATS 4.21 3.76 Sell PER17x FY18, Cut from $3.86
06/06/16 Citigroup SATS 4.1 4.61 Buy
06/13/16 Credit Suisse SATS 4.05 5 Outperform
06/15/16 OCBC SATS 4.09 4.2 Hold DDM
06/28/16 DIR SATS 4.1 4.66 Outperform DCF, PER21x
07/13/16 Credit Suisse SATS 4.35 5 Outperform
07/22/16 DIR SATS 4.35 4.66 Outperform DCF, PER21x
07/22/16 Kim Eng SATS 4.35 3.76 Sell PER17x FY18
07/22/16 OCBC SATS 4.35 4.2 Hold DDM
07/22/16 phillip SATS 4.35 4.24 Neutral DCF, PER20x FY17
07/22/16 UOB Kay Hian SATS 4.35 4.45 Hold DDM, Buy @ $4
07/25/16 CIMB SATS 4.28 4.57 Add DCF
07/25/16 DBS Vickers SATS 4.28 4.64 Buy
07/25/16 Deutsche SATS 4.28 5.29 Buy
08/24/16 Citigroup SATS 4.83 5.5 Buy
08/24/16 Kim Eng SATS 4.83 3.76 Sell
08/24/16 Lim & Tan SATS 4.83 0 Hold
08/30/16 OCBC SATS 4.9 4.7 Hold DDM
08/31/16 CIMB SATS 4.86 4.64 Hold DCF, PER19x CY17
09/01/16 Credit Suisse SATS 4.71 5 Outperform
09/02/16 UOB Kay Hian SATS 4.65 4.45 Hold Buy @ $4.20 or below
09/22/16 DIR SATS 5.11 5.22 Hold DCF
09/28/16 Deutsche SATS 4.97 5.79 Buy
09/28/16 OCBC SATS 4.97 4.7 Hold Buy @ $4.40 or below
11/11/16 CIMB SATS 4.74 4.95 Hold DCF & PER19x CY19
11/11/16 Credit Suisse SATS 4.74 4.9 Neutral
11/11/16 DIR SATS 4.74 4.97 Hold DCF
11/11/16 Kim Eng SATS 4.74 3.76 Sell PER17x FY18
11/11/16 Lim & Tan SATS 4.74 0 Buy on weakness
11/11/16 OCBC SATS 4.74 4.7 Hold Buy @ $4.40 or below
11/11/16 phillip SATS 4.74 4.48 Neutral DCF, PER19.8x FY17
11/11/16 UOB Kay Hian SATS 4.74 4.5 Hold DDM, Buy @ $4.25
12/06/16 CIMB SATS 4.89 4.95 Hold DCF, PER19x CY18
12/07/16 Deutsche SATS 4.8 5.79 Buy
12/08/16 Citigroup SATS 4.75 5.5 Buy PER21x FY18
01/11/17 UOB Kay Hian SATS 4.94 4.5 Hold
01/20/17 DIR SATS 5.19 4.97 Hold
02/02/17 Credit Suisse SATS 5.26 4.9 Neutral
02/08/17 UOB Kay Hian SATS 5.15 4.5 Hold
02/10/17 CIMB SATS 4.98 5 Hold DCF & PER19x CY19
02/10/17 DIR SATS 4.98 4.93 Hold DCF
02/10/17 Kim Eng SATS 4.98 3.76 Sell PER17x FY18
02/10/17 Lim & Tan SATS 4.98 0 Hold
02/10/17 OCBC SATS 4.98 4.7 Hold Buy @ $4.40
02/10/17 phillip SATS 4.98 4.73 Neutral DCF
02/10/17 UOB Kay Hian SATS 4.98 4.6 Hold DDM, PER23x FY18, Buy @ $4.30
03/21/17 DIR SATS 4.82 4.93 Hold DCF
04/03/17 UOB Kay Hian SATS 4.88 4.6 Hold
04/07/17 Credit Suisse SATS 4.89 4.9 Neutral
05/03/17 UOB Kay Hian SATS 5.12 4.6 Hold
05/18/17 CIMB SATS 5.28 5.17 Hold DCF & PER19x
05/22/17 CIMB SATS 5.29 5.11 Hold DCF & PER19x
05/22/17 Credit Suisse SATS 5.29 4.65 Underperform
05/22/17 DIR SATS 5.29 5 Hold DCF
05/22/17 Kim Eng SATS 5.29 4.9 Hold PER17x
05/22/17 OCBC SATS 5.29 5.12 Hold DCF, Buy @ $4.7 or lower
05/22/17 phillip SATS 5.29 5.08 Hold DCF, PER23.2x FY18
05/22/17 UOB Kay Hian SATS 5.29 5.05 Hold DDM
06/06/17 UOB Kay Hian SATS 5.22 5.05 Hold Buy @ $4.75
06/16/17 OCBC SATS 5.08 5.12 Hold Buy @ $4.70 or lower
07/14/17 DIR SATS 4.94 5 Hold DCF
07/20/17 Credit Suisse SATS 5.09 4.65 Underperform
07/24/17 Kim Eng SATS 5.08 4.9 Hold PER
07/24/17 DIR SATS 5.08 5.05 Hold DCF
07/24/17 phillip SATS 5.08 5.08 Neutral DCF, PER23.2x FY18
07/24/17 UOB Kay Hian SATS 5.08 5.1 Hold DDM
07/24/17 CIMB SATS 5.08 5.11 Hold DCF & PER19x
07/24/17 OCBC SATS 5.08 5.05 Hold DCF, Buy @ $4.7 or lower
07/24/17 Lim & Tan SATS 5.08 5.09 Sell Bloomberg consensus
08/02/17 DIR SATS 4.85 5.05 Hold
08/02/17 UOB Kay Hian SATS 4.85 5.4 Buy DDM, PER23.5x FY18
08/22/17 Credit Suisse SATS 4.83 4.6 Underperform
09/05/17 UOB Kay Hian SATS 4.76 5.4 Buy DDM, PER23.5x FY18
09/18/17 OCBC SATS 4.74 5.05 Hold Buy @ $4.70 or lower
09/25/17 DBS Vickers SATS 4.65 5.02 Buy DCF & PER21x FY18
09/25/17 CIMB SATS 4.65 4.24 Reduce PER18x CY19
09/26/17 DIR SATS 4.57 5.19 Outperform DCF
10/02/17 OCBC SATS 4.61 5.05 Buy
10/04/17 UOB Kay Hian SATS 4.66 5.4 Buy PER23.5x FY18
11/01/17 DBS Vickers SATS 4.7 5.02 Buy
11/02/17 UOB Kay Hian SATS 4.75 5.4 Buy PER23.5x FY18
11/10/17 UOB Kay Hian SATS 4.71 6 Buy DCF, PER24.6x FY18
11/10/17 OCBC SATS 4.71 5.05 Buy
11/10/17 CIMB SATS 4.71 4.81 Hold PER20x CY18
11/10/17 phillip SATS 4.71 5.24 Accumulate DCF, PER23.2x FY18
11/13/17 Kim Eng SATS 5.01 5.7 Buy PER21x FY19/20
11/13/17 Credit Suisse SATS 5.01 4.6 Neutral
12/04/17 UOB Kay Hian SATS 5.24 6 Buy
12/20/17 CIMB SATS 5.26 4.81 Hold
01/16/18 OCBC SATS 5.78 5.5 Hold Buy @ $5.05 or lower
02/14/18 Kim Eng SATS 5.25 6.1 Buy PER21x FY20
02/14/18 UOB Kay Hian SATS 5.25 5.9 Buy DCF, PER25.2x FY18
02/14/18 OCBC SATS 5.25 5.5 Hold Buy @ $5.05 or lower
02/14/18 CIMB SATS 5.25 5.17 Hold PER20x FY19
02/14/18 phillip SATS 5.25 5.33 Neutral DCF, PER23.3x FY18
02/14/18 DBS Vickers SATS 5.25 5.67 Buy DCF, PER22x FY19

Sarine - Stock calls


Date Analyst Company Last Target Call Valuation
01/07/16 Kim Eng Sarine 1.55 1.29 Hold
01/07/16 Lim & Tan Sarine 1.55 0 Sell
03/01/16 CIMB Sarine 1.415 1.67 Add PER12.5x
03/01/16 Kim Eng Sarine 1.415 1.97 Buy DCF
05/10/16 CIMB Sarine 1.735 1.95 Add PER15.3x CY17
05/10/16 Kim Eng Sarine 1.735 1.94 Buy DCF
07/08/16 Kim Eng Sarine 1.7 1.94 Buy DCF
08/10/16 CIMB Sarine 1.795 1.95 Add PER15.3x CY17
08/10/16 Kim Eng Sarine 1.795 2.07 Buy DCF
10/12/16 Kim Eng Sarine 1.66 2.01 Buy DCF
11/15/16 Kim Eng Sarine 1.6 1.97 Buy DCF
11/16/16 CIMB Sarine 1.66 1.95 Add PER15.3x FY18
02/28/17 CIMB Sarine 1.9 1.95 Hold
05/15/17 CIMB Sarine 1.915 1.96 Hold PER15.3x CY18
02/06/18 CIMB Sarine 1.05 1.56 Add PER17.2x CY19
02/27/18 CIMB Sarine 1.18 1.53 Add PER17.2x CY19

Stock calls for 28 February 2018


Date Analyst Company Last Target Call Valuation
02/28/18 Phillip APTV 0.575 0.62 Accumulate
02/28/18 UOB Kay Hian Banyan Tree 0.62 0.92 Buy Sum of parts
02/28/18 DBS Vickers Best World 1.44 1.79 Buy PER17x FY18
02/28/18 CIMB Best World 1.44 1.7 Add PER14x CY19
02/28/18 DMG & Partners Bumitama 0.745 0.85 Buy PER12x FY18
02/28/18 DBS Vickers Bumitama 0.745 0.94 Buy DCF, PER14.5x FY18
02/28/18 Kim Eng Bumitama 0.745 0.99 Buy PER14x FY18
02/28/18 Credit Suisse Bumitama 0.745 1 Outperform
02/28/18 UOB Kay Hian Citic Envirotech 0.755 1.06 Buy DCF, PER11.6x FY19
02/28/18 Kim Eng Cityneon 1.1 1.55 Buy
02/28/18 DMG & Partners Delfi 1.52 1.54 Neutral DCF
02/28/18 DBS Vickers First Resources 1.79 2.18 Buy DCF, PER15.8x FY18
02/28/18 CIMB First Resources 1.79 2.03 Add PER15x CY19
02/28/18 Credit Suisse First Resources 1.79 2.3 Neutral
02/28/18 CIMB Golden Agri 0.36 0.31 Reduce PER15x FY19
02/28/18 OCBC Golden Agri 0.36 0.37 Hold
02/28/18 Credit Suisse Golden Agri 0.36 0.35 Underperform
02/28/18 DBS Vickers Hong Leong Finance 2.68 3.2 Buy GGM, PB0.8x FY17
02/28/18 OCBC Hotel Properties 3.78 4.74 Buy RNAV
02/28/18 DMG & Partners IHH Healthcare 2.05 2.36 Buy DCF/SOP-based Ringgit $7 target price
02/28/18 Lim & Tan ISDN 0.23 0 Take Profit
02/28/18 DBS Vickers Raffles Medical 1.16 1 Fully Valued Sum of parts, PER26x FY18
02/28/18 Kim Eng UOL 8.52 10.4 Buy RNAV (10% discount)
02/28/18 OCBC UOL 8.52 10.63 Buy RNAV
02/28/18 CIMB UOL 8.52 9.67 Add RNAV (20% discount)
02/28/18 Credit Suisse UOL 8.52 10.8 Outperform

Wow! UN is so good at investigating chemical weapons and ballistic missiles now.

https://sg.news.yahoo.com/un-experts-north-korea-sent-banned-chemical-items-020946519.html

UN is accusing North Korea of exporting chemical weapons to Syria and ballistic missiles to Myanmar.

If UN was so good at investigation, then it should know about Iraq's non-existent of WMDs.  Why did UN allow US's unilateral invasion of Iraq then?

US proposes anti-dumping on China aluminium foil.

https://sg.finance.yahoo.com/news/us-rules-chinese-firms-sold-000054062.html

Raw materials from paper, chemical, metal and so forth are going to increase tremendously in prices because of trade wars and supply problems.

Global inflation will become a real threat in 2018.

China has created the world's first 5G mobile chip.

http://www.chinadaily.com.cn/cndy/2018-02/27/content_35745699.htm

China is at the forefront of mobile technology now with the world's first 5G mobile chip.  Huawei has the most advanced and fastest mobile phone now with this chip whilst the USA is still trying to develop its 5G network.

China imposes an anti-dumping measure on Singapore.

http://www.chinadaily.com.cn/a/201802/27/WS5a94f7dfa3106e7dcc13e5ee.html

I hope that there won't be more anti-dumping measures imposed on Singapore or else SG's economy will be greatly affected as SG will become less competitive.

Inflation will come fast and furious with so many anti-dumping measures.  Simultaneously, interest rates will also increase a few times this year as indicated by Jerome Powell's speech yesterday.

http://sg-stock.blogspot.sg/2018/02/us-bond-yields-will-continue-to-rise-in.html

Tuesday, February 27, 2018

Toilet and tissue paper prices are going to increase soon!

https://www.channelnewsasia.com/news/asiapacific/taiwan-toilet-paper-price-hike-consumers-shopping-empty-shelves-9993494


International paper prices are rising in the world.  This is a worldwide phenomenon as shown on the price charts in USA and International market.

Taiwan is having a toilet roll run now.

Sanli Env - Stock calls


Date Analyst Company Last Target Call Valuation
11/14/17 SAC Advisors Sanli Env 0.3 0.36 Buy
01/11/18 SAC Advisors Sanli Env 0.295 0.36 Buy PER15.9x FY18

Samudera - Stock calls


Date Analyst Company Last Target Call Valuation
01/14/16 Amfrasers Samudera 0.205 0.21 Hold PER8x FY16
02/29/16 Amfrasers Samudera 0.195 0.21 Hold PER8x FY16
04/29/16 Amfrasers Samudera 0.21 0.21 Hold PER8x FY16
07/29/16 Amfrasers Samudera 0.18 0.19 Hold PER8x FY16
09/16/16 Amfrasers Samudera 0.181 0.18 Hold PB0.3x FY16
10/28/16 Amfrasers Samudera 0.175 0.22 Buy PB0.4x
04/26/17 Amfrasers Samudera 0.189 0.26 Buy PB0.4x
10/13/17 Amfrasers Samudera 0.24 0.38 Buy PB0.6x FY17

Stock calls for 27 February 2018


Date Analyst Company Last Target Call Valuation
02/27/18 Kim Eng Best World 1.37 2.06 Buy
02/27/18 phillip CNMC 0.26 0.3 Accumulate DCF
02/27/18 CIMB CSE Global 0.37 0.39 Hold PER12x CY19
02/27/18 Kim Eng First Resources 1.76 2.2 Buy PER17x FY18
02/27/18 DMG & Partners First Resources 1.76 1.75 Neutral PER12x FY18
02/27/18 UOB Kay Hian Hock Lian Seng 0.51 0.65 Buy
02/27/18 Credit Suisse HRnetGroup 0.805 1.06 Outperform
02/27/18 DBS Vickers HRnetGroup 0.805 0.97 Buy PER15x FY18, Ex-cash
02/27/18 Phillip Raffles Medical 1.1 1.32 Accumulate DCF
02/27/18 UOB Kay Hian Raffles Medical 1.1 1.32 Buy DCF
02/27/18 OCBC Raffles Medical 1.1 1.26 Buy Sum of parts
02/27/18 Kim Eng Raffles Medical 1.1 1.13 Hold DCF
02/27/18 DMG & Partners Raffles Medical 1.1 1.02 Neutral DCF
02/27/18 CIMB Sarine 1.18 1.53 Add PER17.2x CY19
02/27/18 DBS Vickers Sembcorp Industries 3.2 4.4 Buy Sum of parts (10% discount), PB1.1x
02/27/18 Amfrasers Sembcorp Marine 2.18 2.06 Hold
02/27/18 DMG & Partners ST Engineering 3.44 4.04 Buy PER23x & PB5.5x & EV/Ebitda16x & DCF

Goldilocks is accusing Noble Group of inflating its derivative contracts.

http://www.businesstimes.com.sg/companies-markets/goldilocks-calls-nobles-profit-warning-figures-extremely-shocking

Goldilocks is regretting its Noble Group investment now because it is accusing Noble Group of inflating the derivatives contracts and forcing the existing shareholders to accept the debt restructuring plan.

Whatever it is, Noble Group is heading towards bankruptcy without any debt restructuring.

http://sg-stock.blogspot.sg/2018/02/noble-group-is-virutally-bankrupt-after.html

Monday, February 26, 2018

Sabana Reit - Stock calls


Date Analyst Company Last Target Call Valuation
01/05/16 UOB Kay Hian Sabana Reit 0.71 0.92 Buy
01/26/16 UOB Kay Hian Sabana Reit 0.7 0.89 Buy
03/30/16 UOB Kay Hian Sabana Reit 0.635 0.89 Buy
04/13/16 Kim Eng Sabana Reit 0.645 0.89 Not Rated
04/19/16 UOB Kay Hian Sabana Reit 0.66 0.84 Buy DDM
01/23/17 phillip Sabana Reit 0.375 0.51 Trading Buy PB0.9x, Ex-rights 42 for 100 @ $0.258
03/06/17 phillip Sabana Reit 0.43 0.54 Trading Buy PB0.9x
05/11/17 phillip Sabana Reit 0.455 0.54 Trading Buy PB0.9X
08/08/17 phillip Sabana Reit 0.49 0.57 Trading Buy PB1x

Roxy-Pacific - Stock calls


Date Analyst Code Company Last Target Call Percent Valuation
01/27/16 NRA E8Z Roxy-Pacific 0.49 0.56 Not Rated 14.29 PB0.7x
02/29/16 NRA E8Z Roxy-Pacific 0.49 0.575 Not Rated 17.35 RNAV (30% discount)
03/14/16 OCBC E8Z Roxy-Pacific 0.49 0.52 Hold 6.12
08/01/16 OCBC E8Z Roxy-Pacific 0.46 0.52 Hold 13.04
09/20/16 NRA E8Z Roxy-Pacific 0.45 0.54 Not Rated 20.00 RNAV (40% discount)
11/01/16 OCBC E8Z Roxy-Pacific 0.42 0.52 Hold 23.81
08/01/17 OCBC E8Z Roxy-Pacific 0.525 0.52 Hold -0.95
11/22/17 OCBC E8Z Roxy-Pacific 0.52 0.52 Hold 0.00
12/07/17 OCBC E8Z Roxy-Pacific 0.54 0.6 Buy 11.11
12/12/17 DBS Vickers E8Z Roxy-Pacific 0.53 0.69 Buy 30.19 RNAV (30% discount)
02/15/18 OCBC E8Z Roxy-Pacific 0.56 0.66 Buy 17.86
02/19/18 DBS Vickers E8Z Roxy-Pacific 0.56 0.69 Buy 23.21 RNAV (30% discount)

Stock calls for 26 February 2018


Date Analyst Company Last Target Call Valuation
02/26/18 DMG & Partners Amara 0.55 0.88 Buy PB0.65x
02/26/18 DMG & Partners APAC Realty 1.1 1.35 Buy DCF
02/26/18 DBS Vickers APAC Realty 1.1 1.25 Buy DCF & PER15x FY18
02/26/18 Lim & Tan CSE Global 0.345 0 Buy
02/26/18 Amfrasers Frencken 0.67 0.72 Hold PER12x FY18
02/26/18 Kim Eng Genting 1.3 1.46 Buy EV/Ebitda 12x FY18
02/26/18 UOB Kay Hian Genting 1.3 1.3 Hold EV/Ebitda10.4x FY18, Buy @ $1.15
02/26/18 DBS Vickers Genting 1.3 1.49 Buy DCF
02/26/18 DMG & Partners Genting 1.3 1.34 Neutral DCF
02/26/18 OCBC Genting 1.3 1.45 Buy FCFE
02/26/18 CIMB Genting 1.3 1.49 Add EV/Ebitda12x FY19
02/26/18 OCBC OUE 1.93 2.28 Buy
02/26/18 CIMB Riverstone 1.04 1.28 Add PER18.6x FY19
02/26/18 DBS Vickers Riverstone 1.04 1.27 Buy PER16x FY19
02/26/18 Kim Eng Riverstone 1.04 1.22 Buy PER18x FY18
02/26/18 OCBC Sembcorp Industries 3.24 3.84 Buy
02/26/18 phillip Sembcorp Industries 3.24 3.86 Accumulate Sum of parts
02/26/18 UOB Kay Hian Sembcorp Industries 3.24 3.28 Hold Sum of parts, Buy @ $2.90
02/26/18 CIMB Sembcorp Industries 3.24 4.13 Add Sum of parts, PER8x FY18, PB0.63x FY18
02/26/18 phillip Sembcorp Marine 2.23 1.91 Reduce PER43.4x FY18
02/26/18 phillip Sheng Siong 0.93 1.13 Buy PER23x FY18
02/26/18 DMG & Partners Sheng Siong 0.93 0.98 Neutral DCF & PER
02/26/18 OCBC Sheng Siong 0.93 1.06 Buy
02/26/18 CIMB Sheng Siong 0.93 1.08 Add PER22.3x CY19
02/26/18 CIMB ST Engineering 3.39 3.8 Add DCF, PER & Div yield
02/26/18 UOB Kay Hian ST Engineering 3.39 3.6 Hold DCF, Buy @ $3.20
02/26/18 DBS Vickers ST Engineering 3.39 3.9 Buy
02/26/18 Lim & Tan ST Engineering 3.39 0 Buy
02/26/18 DBS Vickers Wilmar 3.13 3.65 Buy DCF
02/26/18 DMG & Partners Wilmar 3.13 3.45 Buy Sum of parts

Do you support a rules-based system in the world?

https://sg.news.yahoo.com/china-demands-u-stops-unilateral-sanctions-over-north-150441118--sector.html

Many countries which support rules-based order or system in this world are keeping quiet when a big and mighty country like the USA is not following the rules-based order.

We must stop any country from imposing unilateral sanctions against another country without UN mandate.  What's the purpose of having an international entity like UN when a big and mighty country can just flout the international rules?

UN didn't stop the USA from invading Iraq with fabricated intelligence in the past.

UN is not stopping the USA from imposing excessive and illegal sanctions against NK now.

China is right to protest against the US for the unilateral sanctions.  We need to support a rules-based system and protest against any unilateral and illegal sanctions too.