https://finance.yahoo.com/news/india-china-look-form-oil-220000529.html
It is a great news for all oil-importing countries because India & China will form an "Oil buyers' club" to negotiate with OPEC.
OPEC has been imposing discriminating pricing strategy on Asian countries with ASIAN PREMIUM measure because we have no bargaining power. In the future, we can say NO to OPEC's pricing with this new club's prowess.
Kudos to India & China for making Asia a more competitive region.
Friday, June 15, 2018
Thursday, June 14, 2018
K1 Ventures - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
03/15/17 | DMG & Partners | K1 Ventures | 0.835 | 0 | Take Profit |
Jumbo - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
02/14/17 | UOB Kay Hian | Jumbo | 0.725 | 0.65 | Hold | DCF |
02/15/17 | DBS Vickers | Jumbo | 0.715 | 0.72 | Hold | PER23x FY17 |
02/15/17 | Kim Eng | Jumbo | 0.715 | 0.75 | Hold | DCF |
03/27/17 | Lim & Tan | Jumbo | 0.705 | 0 | Hold | |
03/28/17 | UOB Kay Hian | Jumbo | 0.695 | 0.67 | Hold | DCF, Buy @ $0.61 |
05/16/17 | DBS Vickers | Jumbo | 0.655 | 0.72 | Hold | PER23x FY17/18 |
05/16/17 | Kim Eng | Jumbo | 0.655 | 0.66 | Hold | DCF |
05/16/17 | UOB Kay Hian | Jumbo | 0.655 | 0.64 | Hold | DCF, Buy @ $0.58 |
08/10/17 | DBS Vickers | Jumbo | 0.59 | 0.67 | Hold | PER23x FY18 |
08/11/17 | UOB Kay Hian | Jumbo | 0.56 | 0.6 | Hold | DCF, Buy @ $0.54 |
11/27/17 | DBS Vickers | Jumbo | 0.58 | 0.61 | Hold | PER23x FY18 |
11/27/17 | Lim & Tan | Jumbo | 0.58 | 0 | Neutral | |
11/28/17 | UOB Kay Hian | Jumbo | 0.565 | 0.6 | Hold | DCF, Buy @ $0.54 |
12/13/17 | DBS Vickers | Jumbo | 0.585 | 0.7 | Buy | DCF |
12/13/17 | Kim Eng | Jumbo | 0.585 | 0.7 | Buy | DCF |
01/04/18 | Kim Eng | Jumbo | 0.59 | 0.7 | Buy | DCF, PER26x FY18 |
02/15/18 | Kim Eng | Jumbo | 0.57 | 0.7 | Buy | DCF, PER26x FY18 |
02/15/18 | DBS Vickers | Jumbo | 0.57 | 0.58 | Hold | PER23x FY18 |
02/19/18 | UOB Kay Hian | Jumbo | 0.575 | 0.59 | Hold | DCF, Buy @ $0.53 |
03/12/18 | Kim Eng | Jumbo | 0.55 | 0.7 | Buy | DCF |
05/15/18 | DBS Vickers | Jumbo | 0.56 | 0.58 | Hold | PER23x FY18/19 |
05/16/18 | UOB Kay Hian | Jumbo | 0.54 | 0.53 | Hold | DCF, Buy @ $0.48 |
Stock calls for 14 June 2018
Date | Analyst | Company | Last | Target | Call | Valuation |
06/14/18 | DBS Vickers | China Everbright | 0.41 | 0.65 | Buy | |
06/14/18 | CIMB | Religare Health Trust | 0.765 | 0.81 | Hold | DDM |
06/14/18 | OCBC | SATS | 5.06 | 5.5 | Buy |
120 countries condemn Israel & US in the UN.
https://sg.news.yahoo.com/un-votes-condemning-israel-over-gaza-violence-012333138.html
It's great to see that JUSTICE is slowly crawling back in UN and the UN is not dominated by the mighty and big bully, USA.
I wonder what SG voted for in this UN resolution.
It's great to see that JUSTICE is slowly crawling back in UN and the UN is not dominated by the mighty and big bully, USA.
I wonder what SG voted for in this UN resolution.
Wednesday, June 13, 2018
Jubilee - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
10/04/17 | NRA | Jubilee | 0.043 | 0.07 | Overweight | |
10/13/17 | NRA | Jubilee | 0.048 | 0.067 | Overweight | |
03/12/18 | CIMB | Jubilee | 0.037 | 0.051 | Add | Sum of parts |
06/01/18 | CIMB | Jubilee | 0.039 | 0.051 | Add | Sum of parts |
Japfa - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/24/17 | CIMB | Japfa | 0.92 | 1.53 | Add | Sum of parts, PER11.6x CY17 |
02/10/17 | DBS Vickers | Japfa | 1.02 | 1.26 | Buy | |
03/03/17 | CIMB | Japfa | 0.9 | 1.41 | Add | Sum of parts |
03/06/17 | DBS Vickers | Japfa | 0.89 | 1.25 | Buy | Sum of parts, PER10.1x FY17 |
04/10/17 | DBS Vickers | Japfa | 0.835 | 1.25 | Buy | |
04/17/17 | CIMB | Japfa | 0.805 | 0.69 | Reduce | Sum of parts |
04/24/17 | DBS Vickers | Japfa | 0.63 | 1 | Buy | Sum of parts, EV/Ebitda6.5x FY17, PER10.5x FY17 |
05/02/17 | CIMB | Japfa | 0.605 | 0.58 | Reduce | Sum of parts, PER8.2x CY17, PER7.2x CY18 |
05/02/17 | DBS Vickers | Japfa | 0.605 | 0.84 | Buy | Sum of parts, PER10.7x FY17 |
07/05/17 | DBS Vickers | Japfa | 0.65 | 0.88 | Buy | Sum of parts |
07/31/17 | CIMB | Japfa | 0.595 | 0.55 | Reduce | Sum of parts |
Stock calls for 13 June 2018
Date | Analyst | Company | Last | Target | Call | Valuation |
06/13/18 | DBS Vickers | City Developments | 11.52 | 15.4 | Buy | |
06/13/18 | OCBC | DBS | 28.48 | 34.6 | Buy | |
06/13/18 | phillip | Shopper360 | 0.18 | 0.33 | Trading Buy | PER7x FY19 |
06/13/18 | UOB Kay Hian | SPH | 2.69 | 2.46 | Hold | Buy @ $2.40 |
06/13/18 | OCBC | UOB | 27.86 | 31.02 | Buy | |
06/13/18 | DBS Vickers | UOL | 8 | 10.23 | Buy | |
06/13/18 | CIMB | UOL | 8 | 9.65 | Add | RNAV (20% discount) |
06/13/18 | Lim & Tan | Venture | 20.65 | 0 | Accumulate |
Mahathir is so sly and flip-flop to avoid paying damages to Singapore.
https://sg.finance.yahoo.com/news/high-speed-rail-not-scrapped-040953118.html
To avoid paying SG $500m in damages for the termination of KL-SG HSR, Mahathir has changed his tone by saying that he is simply deferring the HSR. What a sly old man!
To avoid paying SG $500m in damages for the termination of KL-SG HSR, Mahathir has changed his tone by saying that he is simply deferring the HSR. What a sly old man!
Tuesday, June 12, 2018
Japan Foods - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
04/17/17 | Amfrasers | Japan Foods | 0.445 | 0.56 | Buy | DCF, PER18x FY18 |
05/29/17 | Amfrasers | Japan Foods | 0.48 | 0.54 | Buy | DCF, PER18.7x FY18 |
08/04/17 | Amfrasers | Japan Foods | 0.43 | 0.53 | Buy | DCF |
11/15/17 | Amfrasers | Japan Foods | 0.43 | 0.53 | Buy | DCF |
02/14/18 | Amfrasers | Japan Foods | 0.46 | 0.54 | Buy | DCF |
05/07/18 | DMG & Partners | Japan Foods | 0.505 | 0.63 | Buy | DCF, PER19x FY19 |
05/22/18 | Amfrasers | Japan Foods | 0.485 | 0.64 | Buy | DCF |
Jadason - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
05/08/17 | DMG & Partners | Jadason | 0.07 | 0.15 | Buy | DCF, PER12x FY18 |
06/27/17 | DMG & Partners | Jadason | 0.088 | 0.15 | Buy | DCF, PER12x FY18 |
07/03/17 | CIMB | Jadason | 0.084 | 0.17 | Add | PER12.34x FY18 |
08/04/17 | CIMB | Jadason | 0.103 | 0.17 | Add | PER12.34x FY18 |
08/07/17 | DMG & Partners | Jadason | 0.1 | 0.15 | Buy | DCF, PER12x FY18 |
09/04/17 | DMG & Partners | Jadason | 0.102 | 0.12 | Buy | DCF, PER11.4x FY18 |
09/05/17 | CIMB | Jadason | 0.095 | 0.13 | Add | PER12.34x FY18 |
11/09/17 | DMG & Partners | Jadason | 0.093 | 0.1 | Buy | DCF, PER11.3x FY18 |
11/13/17 | CIMB | Jadason | 0.087 | 0.11 | Add | PER12.34x FY19 |
03/01/18 | DMG & Partners | Jadason | 0.073 | 0.08 | Neutral | DCF |
03/07/18 | CIMB | Jadason | 0.07 | 0.08 | Add | PER12.34x FY19 |
05/16/18 | CIMB | Jadason | 0.05 | 0.077 | Add | PB1x CY18 |
05/18/18 | DMG & Partners | Jadason | 0.05 | 0.05 | Neutral | DCF |
Stock calls for 12 June 2018
Date | Analyst | Company | Last | Target | Call | Valuation |
06/12/18 | DBS Vickers | CapitaCommercial | 1.7 | 2.1 | Buy | |
06/12/18 | UOB Kay Hian | Starhub | 1.84 | 1.98 | Hold | DCF |
06/12/18 | DBS Vickers | Suntec Reit | 1.74 | 2.3 | Buy | |
06/12/18 | OCBC | Yangzijiang | 0.995 | 1.18 | Buy | Sum of parts |
Temasek is interested to buy Hainan Airlines.
https://www.bloombergquint.com/opinion/2018/06/11/singapore-inc-buys-an-overpriced-ticket-to-hainan
Temasek may be overpaying for debt-laden Hainan airlines.
I hope this won't become another multi-billion loss for our country again.
Temasek may be overpaying for debt-laden Hainan airlines.
I hope this won't become another multi-billion loss for our country again.
SCO has surpassed G7 already!
http://money.cnn.com/2018/06/08/news/economy/quebec-qingdao-summits-explainer/index.html
http://money.cnn.com/2018/06/11/news/economy/sco-summit-g7-trade-china/index.html
CNN has acknowledged that SCO is more important than G7 now and SCO will lead the world economies.
The recent SCO summit was a huge success compared to the G7 as this was the first time Pakistan and India (arch enemies) sat together in such a caucus. Furthermore, Iran was involved as a future incumbent member.
Kudos to China for such a successful SCO!
http://money.cnn.com/2018/06/11/news/economy/sco-summit-g7-trade-china/index.html
CNN has acknowledged that SCO is more important than G7 now and SCO will lead the world economies.
The recent SCO summit was a huge success compared to the G7 as this was the first time Pakistan and India (arch enemies) sat together in such a caucus. Furthermore, Iran was involved as a future incumbent member.
Kudos to China for such a successful SCO!
Monday, June 11, 2018
ISOTeam - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/10/17 | DMG & Partners | ISOTeam | 0.395 | 0.54 | Buy | DCF, PER14x FY17 |
01/12/17 | UOB Kay Hian | ISOTeam | 0.405 | 0.6 | Buy | DCF |
02/14/17 | UOB Kay Hian | ISOTeam | 0.42 | 0.6 | Buy | DCF |
02/15/17 | DMG & Partners | ISOTeam | 0.405 | 0.59 | Buy | DCF, PER13.5x FY17 |
03/02/17 | UOB Kay Hian | ISOTeam | 0.395 | 0.6 | Buy | |
05/15/17 | UOB Kay Hian | ISOTeam | 0.37 | 0.54 | Buy | |
08/28/17 | DMG & Partners | ISOTeam | 0.345 | 0.5 | Buy | DCF |
11/13/17 | DMG & Partners | ISOTeam | 0.345 | 0.46 | Buy | DCF, PER13x FY18 |
02/13/18 | UOB Kay Hian | ISOTeam | 0.355 | 0.45 | Buy | PER10.4x FY18 |
02/15/18 | DMG & Partners | ISOTeam | 0.33 | 0.46 | Buy | DCF, PER13x FY18 |
05/17/18 | DMG & Partners | ISOTeam | 0.35 | 0.42 | Buy | DCF |
ISEC Healthcare - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
06/05/17 | Kim Eng | Isec Healthcare | 0.345 | 0.4 | Buy | PER23x FY18 |
07/13/17 | Kim Eng | Isec Healthcare | 0.315 | 0.4 | Buy | PER23x FY18 |
Stock calls for 11 June 2018
Date | Analyst | Company | Last | Target | Call | Valuation |
06/11/18 | Lim & Tan | Capitaland | 3.5 | 0 | Buy | |
06/11/18 | CIMB | DBS | 28.5 | 34 | Add | GGM, PB1.5x CY18 |
06/11/18 | DBS Vickers | HRnetGroup | 0.84 | 0.98 | Buy | |
06/11/18 | UOB Kay Hian | SATS | 5.13 | 5.7 | Buy | |
06/11/18 | UOB Kay Hian | SIA | 11.43 | 12.6 | Buy | |
06/11/18 | UOB Kay Hian | SIA Engineering | 3.17 | 3.8 | Buy | |
06/11/18 | CIMB | Singapore Post | 1.36 | 1.59 | Add | |
06/11/18 | CIMB | Thai Beverage | 0.77 | 0.98 | Add | |
06/11/18 | CIMB | Venture | 21.13 | 25.64 | Add | PER15.4x |
Singapore is sending a conflicting signal to the world on the nuclear weapon issue.
http://sg-stock.blogspot.com/2017/07/omg-singapore-didnt-support-banning-of.html
Singapore didn't support the banning of nuclear weapon in the UN but support the denuclearization of NK. Is Singapore sending a conflicting signal about its stance on the nuclear weapon?
This was the same stance SG had adopted in the South China Sea issue. SG doesn't recognize PCA as an International Court but it wants China to adhere to PCA's ruling.
Is Singapore adopting a selective rules-based system (a double standard system) now?
Singapore didn't support the banning of nuclear weapon in the UN but support the denuclearization of NK. Is Singapore sending a conflicting signal about its stance on the nuclear weapon?
This was the same stance SG had adopted in the South China Sea issue. SG doesn't recognize PCA as an International Court but it wants China to adhere to PCA's ruling.
Is Singapore adopting a selective rules-based system (a double standard system) now?
Taking stock of the world economic health.
Let's take a pulse on the world economic health.
https://www.businesstimes.com.sg/banking-finance/deutsche-bank-board-said-to-seek-6000-job-cuts-at-retail-unit
Deutsche bank will be retrenching 6000 employees.
https://sg.finance.yahoo.com/news/hp-plans-more-job-cuts-135301456.html
HP will be retrenching 5000 employees.
https://sg.finance.yahoo.com/news/rolls-royce-expected-slash-thousands-115200793.html
Rolls Royce will be retrenching 4000 employees.
Bank, IT and Aerospace are all not doing well and need to cut costs. Is this a harbinger for a recession?
https://www.businesstimes.com.sg/banking-finance/deutsche-bank-board-said-to-seek-6000-job-cuts-at-retail-unit
Deutsche bank will be retrenching 6000 employees.
https://sg.finance.yahoo.com/news/hp-plans-more-job-cuts-135301456.html
HP will be retrenching 5000 employees.
https://sg.finance.yahoo.com/news/rolls-royce-expected-slash-thousands-115200793.html
Rolls Royce will be retrenching 4000 employees.
Bank, IT and Aerospace are all not doing well and need to cut costs. Is this a harbinger for a recession?
Saturday, June 9, 2018
We're right about Kim's motives to visit China in May 2018.
https://www.nknews.org/2018/06/unusual-flights-from-pyongyang-raise-questions-about-kims-route-to-singapore/
Kim will fly to Singapore using China aeroplane.
We're right when we speculated his motives for visiting China in May 2018.
http://sg-stock.blogspot.com/2018/05/why-did-kim-visit-china-again-in-may.html
Kim will fly to Singapore using China aeroplane.
We're right when we speculated his motives for visiting China in May 2018.
http://sg-stock.blogspot.com/2018/05/why-did-kim-visit-china-again-in-may.html
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