http://www.bbc.com/news/business-43164788
The chairman of Anbang Insurance was Wu XiaoHui. This man is very well politically connected because he is the grandson-in-law of Deng XiaoPing. The major shareholders of Anbang are also politically connected and involved Jiang MianHeng (Son of Jiang Zeming), Zhou YongKang (Jiang's henchman), Zhu Rongji's henchman, etc.
Basically, Jiang Zeming had tremendous power over Anbang and Anbang embarked on aggressive international acquisitions under the instructions of Jiang so that Anbang could be used to disrupt China's economy in the future. Please read our previous postings to get an understanding on Jiang's plan to disrupt China's economy.
http://sg-stock.blogspot.sg/2017/07/political-battles-are-playing-out-in.html
http://sg-stock.blogspot.sg/2018/01/hot-news-winston-wen-son-of-wen-jiabao.html
http://sg-stock.blogspot.sg/2017/11/china-government-is-targeting-jack-ma.html
Thursday, March 1, 2018
The USA is meddling in Venezuela's election with oil sanction.
https://sg.finance.yahoo.com/news/exclusive-u-mulls-sanctions-venezuela-put-pressure-maduro-024910508--finance.html
The USA is meddling in Venezuela's election with oil sanction. Therefore, it has no right to accuse others of meddling in its own election.
http://sg-stock.blogspot.sg/2018/02/the-usa-is-adamant-to-destroy-venezuela.html
The USA is meddling in Venezuela's election with oil sanction. Therefore, it has no right to accuse others of meddling in its own election.
http://sg-stock.blogspot.sg/2018/02/the-usa-is-adamant-to-destroy-venezuela.html
USA wants a political war with China now.
https://sg.news.yahoo.com/senate-passes-taiwan-travel-bill-worried-china-012715344.html
Oh great! A USA-China trade war is not enough, so the USA wants a political war now.
The Taiwanese president is stupid and stupidity has no cure. Taiwan has nothing to gain but more to lose over this travel bill because China will increase its political and economic pressure over Taiwan.
The USA knows that it cannot use South China Sea issue against China anymore and is using Taiwan now. China-ASEAN Codes of Conduct meeting in Vietnam has just started today to resolve the South China Sea matter.
Oh great! A USA-China trade war is not enough, so the USA wants a political war now.
The Taiwanese president is stupid and stupidity has no cure. Taiwan has nothing to gain but more to lose over this travel bill because China will increase its political and economic pressure over Taiwan.
The USA knows that it cannot use South China Sea issue against China anymore and is using Taiwan now. China-ASEAN Codes of Conduct meeting in Vietnam has just started today to resolve the South China Sea matter.
Japan lodges protest against South Korea over comfort women issue.
https://sg.news.yahoo.com/japan-lodges-protest-south-koreas-moon-says-comfort-022955175.html
Our PM Lee had already asked Japan's neighbours not to demand Japan to apologize over and over again. Why is South Korea not listening to our PM Lee?
http://www.dailymail.co.uk/wires/afp/article-3102924/Asia-WWII-Singapore-PM.html
Our PM Lee had already asked Japan's neighbours not to demand Japan to apologize over and over again. Why is South Korea not listening to our PM Lee?
http://www.dailymail.co.uk/wires/afp/article-3102924/Asia-WWII-Singapore-PM.html
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!
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.
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.
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
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?
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.
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 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
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.
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
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
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