New Launch - One Sophia For Sale!

New Launch - One Sophia For Sale!
Please click the advertisement for more information.

Search This Blog

Saturday, July 14, 2018

US rig count - 1054

HOUSTON — The number of rigs exploring for oil and natural gas in the U.S. increased by two this week to 1,054At this time a year ago there were 952 active rigs.Houston oilfield services company Baker Hughes reported Friday that 863 rigs drilled for oil this week and 189 for gas. Two were listed as miscellaneous.Among major oil- and gas-producing states, Texas gained two rigs and Colorado and Louisiana each increased by one.Alaska and California each lost one rig.Arkansas, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Utah, West Virginia and Wyoming were unchanged.The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May 2016 at 404.

================

Related stocks: Keppel Corp, Sembcorp Marine, Cosco

Friday, July 13, 2018

Perennial Reit - Stock calls


Date Analyst Company Last Target Call Valuation
02/09/17 CIMB Perennial Reit 0.81 1.08 Add RNAV (40% discount)
02/09/17 DBS Vickers Perennial Reit 0.81 1.05 Buy RNAV (50% discount)
05/09/17 DBS Vickers Perennial Reit 0.855 1.05 Buy RNAV (50% discount)
07/14/17 DBS Vickers Perennial Reit 0.885 1.05 Buy RNAV (50% discount)
08/01/17 DBS Vickers Perennial Reit 0.88 1.05 Buy RNAV (50% discount)
11/09/17 DBS Vickers Perennial Reit 0.88 1.05 Buy RNAV (50% discount)
01/04/18 DBS Vickers Perennial Reit 0.88 1.05 Buy
02/09/18 CIMB Perennial Reit 0.835 1.12 Add
02/12/18 DBS Vickers Perennial Reit 0.835 1.05 Buy RNAV (50% discount)
03/13/18 CIMB Perennial Reit 0.855 1.18 Add RNAV (40% discount)
03/14/18 DBS Vickers Perennial Reit 0.875 1.05 Buy
04/06/18 DBS Vickers Perennial Reit 0.855 1.05 Buy
05/10/18 CIMB Perennial Reit 0.86 1.18 Add RNAV (40% discount)

PEC - Stock calls


Date Analyst Company Last Target Call Valuation
02/21/17 Amfraserss PEC 0.595 0.73 Buy
03/06/17 DBS Vickers PEC 0.64 0.73 Not Rated

Stock calls for 13 July 2018


Date Analyst Company Last Target Call Valuation
07/13/18 DMG & Partners APAC Realty 0.605 0.77 Buy DCF
07/13/18 Lim & Tan CapitaCommercial 1.75 0 Buy
07/13/18 DBS Vickers Sembcorp Marine 1.95 2.9 Buy
07/13/18 DMG & Partners Sheng Siong 1.08 1.27 Buy DCF
07/13/18 UOB Kay Hian Singapore Post 1.3 1.59 Buy
07/13/18 OCBC SPH 2.76 2.52 Hold
07/13/18 CIMB SPH 2.76 2.88 Add Sum of parts
07/13/18 Kim Eng SPH Reit 1 1 Hold DDM
07/13/18 UOB Kay Hian Tianjin Zhongxin 1.12 1.72 Buy

Singapore economic growth has slowed to 1% for Q2 2018.

https://sg.finance.yahoo.com/news/singapore-q2-gdp-growth-slows-003925540.html

Singapore economic growth has slowed to 1% for Q2 2018 which means that the world economies are slowing down too as SG is an international trading hub.

Conversely, the on-going US-China trade war will aggravate the worldwide slowdown further.  Thus, a worldwide recession is a real possibility in 2019.

Thursday, July 12, 2018

Parkway Life - Stock calls


Date Analyst Company Last Target Call Valuation
01/25/17 Lim & Tan Parkway Life 2.39 0 Accumulate
01/26/17 CIMB Parkway Life 2.4 2.58 Add DDM
01/26/17 DBS Vickers Parkway Life 2.4 2.75 Buy
01/26/17 UOB Kay Hian Parkway Life 2.4 2.5 Hold DDM
02/14/17 CIMB Parkway Life 2.45 2.58 Add
03/06/17 CIMB Parkway Life 2.44 2.58 Add
03/07/17 UOB Kay Hian Parkway Life 2.44 2.5 Hold
04/11/17 UOB Kay Hian Parkway Life 2.53 2.5 Hold
04/26/17 CIMB Parkway Life 2.6 2.71 Add DDM
04/26/17 DBS Vickers Parkway Life 2.6 2.82 Buy
05/25/17 UOB Kay Hian Parkway Life 2.58 2.82 Buy
07/26/17 CIMB Parkway Life 2.76 2.83 Add DDM
07/26/17 UOB Kay Hian Parkway Life 2.76 2.82 Buy DDM
07/26/17 Lim & Tan Parkway Life 2.76 0 Accumulate on weakness
10/23/17 UOB Kay Hian Parkway Life 2.79 2.82 Buy
11/10/17 CIMB Parkway Life 2.86 2.93 Hold DDM
11/10/17 DBS Vickers Parkway Life 2.86 3.1 Buy
11/10/17 UOB Kay Hian Parkway Life 2.86 3 Buy
12/01/17 UOB Kay Hian Parkway Life 2.9 3 Buy
01/29/18 CIMB Parkway Life 2.97 3.07 Hold DDM
01/29/18 Lim & Tan Parkway Life 2.97 0 Hold
01/29/18 DBS Vickers Parkway Life 2.97 3.15 Buy
05/02/18 CIMB Parkway Life 2.79 3.07 Hold DDM
05/02/18 UOB Kay Hian Parkway Life 2.79 3.32 Buy DDM
05/04/18 Lim & Tan Parkway Life 2.78 0 Buy
06/20/18 DBS Vickers Parkway Life 2.58 3.15 Buy

Pan-United - Stock calls


Date Analyst Company Last Target Call Valuation
02/14/17 DBS Vickers Pan-United 0.665 0.63 Hold Sum of parts
05/15/17 DBS Vickers Pan-United 0.69 0.63 Hold Sum of parts
08/14/17 DBS Vickers Pan-United 0.565 0.51 Fully Valued
11/14/17 DBS Vickers Pan-United 0.575 0.51 Fully Valued
12/06/17 DBS Vickers Pan-United 0.545 0.51 Fully Valued Sum of parts

Pacific Radiance - Stock calls


Date Analyst Code Company Last Target Call Percent Valuation
02/28/17 Amfrasers T8V Pacific Radiance 0.153 0.17 Hold 11.11
03/01/17 DBS Vickers T8V Pacific Radiance 0.153 0.16 Hold 4.58 PB0.35x FY17
05/18/17 DBS Vickers T8V Pacific Radiance 0.12 0.1 Fully Valued -16.67 PB0.2x FY17
05/19/17 CIMB T8V Pacific Radiance 0.115 0.11 Reduce -4.35 PB0.22x FY17
08/15/17 CIMB T8V Pacific Radiance 0.085 0.073 Reduce -14.12 PB0.15x
08/15/17 DBS Vickers T8V Pacific Radiance 0.085 0.07 Fully Valued -17.65 PB0.15x FY17
01/12/18 CIMB T8V Pacific Radiance 0.108 0.07 Reduce -35.19

Stock calls for 12 July 2018


Date Analyst Company Last Target Call Valuation
07/12/18 OCBC DBS 26.01 32.67 Buy PB1.7x
07/12/18 NRA Oxley 0.36 0.435 Overweight
07/12/18 DBS Vickers SPH 2.75 2.58 Hold Sum of parts
07/12/18 UOB Kay Hian SPH 2.75 2.58 Hold Sum of parts, Buy @ $2.40
07/12/18 Lim & Tan SPH 2.75 0 Hold
07/12/18 DMG & Partners Thai Beverage 0.725 1.02 Buy Sum of parts
07/12/18 CIMB Venture 16.67 17.83 Hold PER12.3x
07/11/18 UOB Kay Hian Asian Healthcare 0.24 0.33 Buy PER19.4x FY19
07/11/18 Kim Eng Bumitama 0.65 0.98 Buy
07/11/18 Kim Eng First Resources 1.55 2 Buy
07/11/18 DBS Vickers Frasers Commercial Trust 1.39 1.65 Buy
07/11/18 OCBC Golden Agri 0.29 0.3 Hold PER17x FY19
07/11/18 CIMB Keppel Corp 6.77 8.81 Add Sum of parts
07/11/18 CIMB Sembcorp Industries 2.67 3.49 Add
07/11/18 CIMB Sembcorp Marine 1.97 2.52 Add PB2.2x CY18
07/11/18 CIMB SPH Reit 1 1.07 Hold DDM
07/11/18 OCBC SPH Reit 1 1.02 Hold
07/11/18 Lim & Tan SPH Reit 1 0 Hold
07/11/18 Kim Eng Top Glove 3.4 4.36 Hold Ringgit target $12.90, PER30x FY19
07/11/18 CIMB Yangzijiang 0.91 1.27 Add Sum of parts

Wednesday, July 11, 2018

PACC Offshore - Stock calls


Date Analyst Company Last Target Call Valuation
01/13/17 DBS Vickers PACC Offshore 0.335 0.41 Buy
02/22/17 DBS Vickers PACC Offshore 0.365 0.42 Buy PB0.8x
02/22/17 OCBC PACC Offshore 0.365 0.33 Sell PB0.7x
04/10/17 DBS Vickers PACC Offshore 0.34 0.42 Buy
04/12/17 OCBC PACC Offshore 0.35 0.335 Hold PB0.7x
05/08/17 DBS Vickers PACC Offshore 0.32 0.41 Buy PB0.8x
05/09/17 OCBC PACC Offshore 0.325 0.335 Hold PB0.7x FY17/18
05/31/17 OCBC PACC Offshore 0.305 0.325 Hold
08/02/17 DBS Vickers PACC Offshore 0.285 0.41 Buy PB0.8x
11/14/17 DBS Vickers PACC Offshore 0.345 0.41 Buy PB0.8x
01/23/18 DBS Vickers PACC Offshore 0.43 0.51 Buy PB1x
02/13/18 DBS Vickers PACC Offshore 0.37 0.51 Buy
02/22/18 DBS Vickers PACC Offshore 0.39 0.48 Buy PB1.4x
04/04/18 DBS Vickers PACC Offshore 0.35 0.32 Hold PB1x
05/10/18 DBS Vickers PACC Offshore 0.345 0.32 Hold PB1x FY18

Oxley - Stock calls


Date Analyst Company Last Target Call Valuation
01/03/17 DMG & Partners Oxley 0.43 0.85 Buy
10/03/17 UOB Kay Hian Oxley 0.56 0.67 Buy RNAV (20% discount)
11/22/17 UOB Kay Hian Oxley 0.655 0.74 Buy RNAV (20% discount)
12/01/17 UOB Kay Hian Oxley 0.6 0.74 Buy
03/14/18 UOB Kay Hian Oxley 0.56 0.74 Buy
04/04/18 Soochow SSD Oxley 0.495 0.63 Buy RNAV (20% discount)
04/24/18 DBS Vickers Oxley 0.485 0.68 Not Rated RNAV (35% discount)
06/04/18 Kim Eng Oxley 0.46 0.56 Buy RNAV (20% discount)
07/09/18 Kim Eng Oxley 0.345 0.34 Hold

Stock calls for 11 July 2018


Date Analyst Company Last Target Call Valuation
07/11/18 UOB Kay Hian Asian Healthcare 0.24 0.33 Buy PER19.4x FY19
07/11/18 Kim Eng Bumitama 0.65 0.98 Buy
07/11/18 Kim Eng First Resources 1.55 2 Buy
07/11/18 DBS Vickers Frasers Commercial Trust 1.39 1.65 Buy
07/11/18 OCBC Golden Agri 0.29 0.3 Hold PER17x FY19
07/11/18 CIMB Keppel Corp 6.77 8.81 Add Sum of parts
07/11/18 CIMB Sembcorp Industries 2.67 3.49 Add
07/11/18 CIMB Sembcorp Marine 1.97 2.52 Add PB2.2x CY18
07/11/18 CIMB SPH Reit 1 1.07 Hold DDM
07/11/18 OCBC SPH Reit 1 1.02 Hold
07/11/18 Lim & Tan SPH Reit 1 0 Hold
07/11/18 Kim Eng Top Glove 3.4 4.36 Hold Ringgit target $12.90, PER30x FY19
07/11/18 CIMB Yangzijiang 0.91 1.27 Add Sum of parts

The US-China trade war is escalating!

https://finance.yahoo.com/news/u-poised-publish-200-billion-205132750.html

The USA has imposed another 200b tariff on China.

Let's see how China will retaliate since it has imported less than 200b worth of USA goods.

Tuesday, July 10, 2018

OUE Hospitality - Stock calls


Date Analyst Company Last Target Call Valuation
01/04/17 OCBC OUE Hospitality 0.685 0.73 Buy
01/09/17 DBS Vickers OUE Hospitality 0.68 0.72 Buy DCF
01/26/17 CIMB OUE Hospitality 0.685 0.71 Add DDM
01/26/17 DMG & Partners OUE Hospitality 0.685 0.7 Neutral DDM
01/26/17 OCBC OUE Hospitality 0.685 0.75 Buy
01/27/17 DBS Vickers OUE Hospitality 0.685 0.75 Buy DCF
01/31/17 Credit Suisse OUE Hospitality 0.69 0.78 Neutral
02/08/17 OCBC OUE Hospitality 0.675 0.75 Buy
02/28/17 Deutsche OUE Hospitality 0.69 0.65 Hold
03/10/17 DMG & Partners OUE Hospitality 0.675 0.7 Neutral
03/16/17 OCBC OUE Hospitality 0.68 0.75 Buy
04/03/17 DMG & Partners OUE Hospitality 0.69 0.76 Buy DDM
04/17/17 OCBC OUE Hospitality 0.71 0.75 Buy
05/05/17 DBS Vickers OUE Hospitality 0.715 0.76 Buy DCF
05/05/17 DMG & Partners OUE Hospitality 0.715 0.76 Buy DDM
05/05/17 OCBC OUE Hospitality 0.715 0.75 Buy
05/15/17 DMG & Partners OUE Hospitality 0.705 0.78 Buy DDM
06/09/17 OCBC OUE Hospitality 0.72 0.75 Buy
06/22/17 Deutsche OUE Hospitality 0.725 0.65 Hold
07/04/17 OCBC OUE Hospitality 0.755 0.75 Buy
07/12/17 DMG & Partners OUE Hospitality 0.76 0.78 Buy
08/02/17 CIMB OUE Hospitality 0.76 0.82 Add DDM
08/02/17 DMG & Partners OUE Hospitality 0.76 0.83 Buy DDM
08/02/17 OCBC OUE Hospitality 0.76 0.82 Buy
08/02/17 Lim & Tan OUE Hospitality 0.76 0 Hold
08/03/17 DBS Vickers OUE Hospitality 0.77 0.8 Buy DCF
09/21/17 DMG & Partners OUE Hospitality 0.79 0.83 Buy
09/21/17 OCBC OUE Hospitality 0.79 0.82 Buy
11/02/17 CIMB OUE Hospitality 0.81 0.84 Add DDM
11/02/17 Credit Suisse OUE Hospitality 0.81 0.78 Neutral
11/02/17 OCBC OUE Hospitality 0.81 0.82 Hold
11/02/17 DBS Vickers OUE Hospitality 0.81 0.85 Buy DCF
11/03/17 DMG & Partners OUE Hospitality 0.815 0.88 Buy DDM
12/01/17 OCBC OUE Hospitality 0.815 0.82 Hold
12/06/17 DBS Vickers OUE Hospitality 0.825 0.85 Buy
12/19/17 DMG & Partners OUE Hospitality 0.835 0.88 Buy
01/03/18 DMG & Partners OUE Hospitality 0.855 0.91 Buy DDM
01/04/18 Deutsche OUE Hospitality 0.87 0.65 Sell
01/04/18 CIMB OUE Hospitality 0.87 0.89 Add DDM
01/05/18 OCBC OUE Hospitality 0.875 0.83 Hold
01/31/18 DBS Vickers OUE Hospitality 0.885 0.93 Buy DCF
01/31/18 Lim & Tan OUE Hospitality 0.885 0 Hold
02/20/18 DMG & Partners OUE Hospitality 0.845 0.95 Buy
04/04/18 DMG & Partners OUE Hospitality 0.795 0.95 Buy
04/10/18 CIMB OUE Hospitality 0.825 0.92 Add
04/17/18 DBS Vickers OUE Hospitality 0.815 0.93 Buy
05/03/18 CIMB OUE Hospitality 0.82 0.92 Add DDM
05/03/18 DMG & Partners OUE Hospitality 0.82 0.95 Buy DDM
05/03/18 OCBC OUE Hospitality 0.82 0.84 Hold Buy @ $0.78 or lower
07/06/18 DBS Vickers OUE Hospitality 0.765 0.93 Buy

OUE Commercial - Stock calls


Date Analyst Company Last Target Call Valuation
01/09/17 DBS Vickers OUE Commercial 0.695 0.74 Hold DCF
01/27/17 OCBC OUE Commercial 0.7 0.65 Hold
03/10/17 OCBC OUE Commercial 0.685 0.65 Hold
05/08/17 DBS Vickers OUE Commercial 0.7 0.67 Hold DCF
05/08/17 OCBC OUE Commercial 0.7 0.65 Hold
05/08/17 CIMB OUE Commercial 0.7 0.71 Hold
08/03/17 OCBC OUE Commercial 0.73 0.68 Hold DDM
08/04/17 CIMB OUE Commercial 0.725 0.68 Hold DDM
08/04/17 DBS Vickers OUE Commercial 0.725 0.69 Hold
10/04/17 OCBC OUE Commercial 0.715 0.67 Hold
11/03/17 OCBC OUE Commercial 0.72 0.67 Hold
11/03/17 CIMB OUE Commercial 0.72 0.68 Hold DDM
11/10/17 DBS Vickers OUE Commercial 0.71 0.73 Hold DCF
12/05/17 OCBC OUE Commercial 0.71 0.67 Hold
01/09/18 OCBC OUE Commercial 0.75 0.67 Hold
02/01/18 CIMB OUE Commercial 0.75 0.75 Hold DDM
02/01/18 OCBC OUE Commercial 0.75 0.69 Hold
02/05/18 DBS Vickers OUE Commercial 0.755 0.73 Hold DCF
03/19/18 DBS Vickers OUE Commercial 0.715 0.73 Hold
03/23/18 CIMB OUE Commercial 0.72 0.75 Hold DDM
05/11/18 OCBC OUE Commercial 0.72 0.68 Hold

Stock calls for 10 July 2018


Date Analyst Company Last Target Call Valuation
07/10/18 phillip Comfortdelgro 2.32 2.69 Accumulate
07/10/18 OCBC Far East Hospitality 0.62 0.735 Buy

China is targeting US fiber optics now.

https://finance.yahoo.com/news/china-raises-tariff-rates-u-085246199.html

China is upping its ante against the USA.

Although China has fewer products to target than the USA, it is still able to pull some heavy punches to cause Trump to relent.

The USA has relented in the US-China trade war.

https://sputniknews.com/us/201807071066122637-usa-china-tariffs-guidance-business/

The USA has proposed a tariff waiver for China products for detente.

We knew that the USA would blink first because we expected the USA to lose in this trade war as stated previously in our postings.

http://sg-stock.blogspot.com/2018/06/trump-is-losing-us-china-trade-war.html

Monday, July 9, 2018

OUE - Stock calls


Date Analyst Company Last Target Call Valuation
02/20/17 DIR OUE 1.95 3.05 Buy Sum of parts
02/20/17 OCBC OUE 1.95 2.17 Buy
04/12/17 Deutsche OUE 2.06 2.2 Buy
04/12/17 OCBC OUE 2.06 2.17 Buy
05/12/17 Deutsche OUE 2 3 Buy
05/12/17 DIR OUE 2 3 Buy Sum of parts
06/22/17 Deutsche OUE 1.985 3 Buy
10/20/17 Deutsche OUE 2.02 3 Buy
11/07/17 OCBC OUE 2.02 2.47 Buy
02/26/18 OCBC OUE 1.93 2.28 Buy
05/14/18 OCBC OUE 1.81 2.25 Buy

Old Chang Kee - Stock calls


Date Analyst Company Last Target Call Valuation
02/14/17 phillip Old Chang Kee 0.835 0.98 Buy DCF
04/17/17 phillip Old Chang Kee 0.85 0.98 Buy
06/05/17 phillip Old Chang Kee 0.83 0.98 Buy DCF
08/17/17 phillip Old Chang Kee 0.765 0.98 Buy DCF
11/14/17 phillip Old Chang Kee 0.75 0.98 Buy DCF
12/04/17 phillip Old Chang Kee 0.76 0.98 Buy DCF
02/15/18 phillip Old Chang Kee 0.745 0.98 Buy DCF
03/19/18 phillip Old Chang Kee 0.76 0.98 Buy
04/16/18 phillip Old Chang Kee 0.775 0.98 Buy
05/31/18 phillip Old Chang Kee 0.755 0.98 Buy DCF, PER22.6x FY19