FBI raided Huawei lab recently.

https://sputniknews.com/us/201902051072129322-fbi-raided-huawei-lab-sting-operatin/

The US is adamant to destroy Huawei just like what it did to China ZTE.

Why?

This is because Huawei holds the most patents in 5G technology and the US cannot develop its own 5G without infringing on Huawei's patents.

http://sg-stock.blogspot.com/2019/01/the-real-reason-behind-ban-of-huaweis-5g.html

Ifast Corp - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/15/18	DBS Vickers	Ifast Corp	0.88	1.26	Buy	DDM
04/30/18	DBS Vickers	Ifast Corp	0.9	1.26	Buy	DDM
07/30/18	DBS Vickers	Ifast Corp	1.09	1.26	Buy	DDM
10/30/18	DBS Vickers	Ifast Corp	1.14	1.33	Buy	DDM

Hutchison Port - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/06/18	OCBC	Hutchison Port	0.375	0.43	Buy
02/06/18	DBS Vickers	Hutchison Port	0.375	0.39	Hold	DCF, Buy @ $0.35
04/16/18	OCBC	Hutchison Port	0.33	0.43	Buy
04/16/18	DBS Vickers	Hutchison Port	0.33	0.38	Buy	DCF
06/01/18	OCBC	Hutchison Port	0.275	0.43	Buy
06/05/18	DBS Vickers	Hutchison Port	0.28	0.38	Buy
06/07/18	OCBC	Hutchison Port	0.305	0.375	Buy
07/03/18	UOB Kay Hian	Hutchison Port	0.28	0.34	Not Rated
07/17/18	OCBC	Hutchison Port	0.28	0.37	Buy
07/24/18	OCBC	Hutchison Port	0.275	0.36	Buy
07/25/18	DBS Vickers	Hutchison Port	0.27	0.28	Hold	DCF
10/24/18	OCBC	Hutchison Port	0.245	0.36	Buy
11/30/18	Lim & Tan	Hutchison Port	0.26	0	Hold
02/13/19	OCBC	Hutchison Port	0.26	0.22	Sell
02/13/19	DBS Vickers	Hutchison Port	0.26	0.26	Hold	DCF

HRnetGroup - Stock calls

Date	Analyst	Code	Company	Last	Target	Call	Percent	Valuation
01/03/18	DBS Vickers	CHZ	HRnetGroup	0.79	0.96	Buy	21.52	DCF & PER15x FY18 (ex-cash)
01/09/18	DMG & Partners	CHZ	HRnetGroup	0.82	1.14	Buy	39.02	DCF
02/15/18	DMG & Partners	CHZ	HRnetGroup	0.81	1.14	Buy	40.74	DCF
02/27/18	Credit Suisse	CHZ	HRnetGroup	0.805	1.06	Outperform	31.68
02/27/18	DBS Vickers	CHZ	HRnetGroup	0.805	0.97	Buy	20.50	PER15x FY18, Ex-cash
05/11/18	DBS Vickers	CHZ	HRnetGroup	0.83	0.98	Buy	18.07	DCF & PER15x (ex-cash)
05/11/18	DMG & Partners	CHZ	HRnetGroup	0.83	1.14	Buy	37.35	DCF
06/11/18	DBS Vickers	CHZ	HRnetGroup	0.84	0.98	Buy	16.67
06/27/18	DMG & Partners	CHZ	HRnetGroup	0.865	1.18	Buy	36.42	DCF
08/13/18	DMG & Partners	CHZ	HRnetGroup	0.9	1.18	Buy	31.11	DCF
08/14/18	DBS Vickers	CHZ	HRnetGroup	0.885	1.01	Buy	14.12	PER15x FY19, ex-cash
09/26/18	CIMB	CHZ	HRnetGroup	0.87	1.1	Add	26.44	PER18x CY20
11/12/18	DMG & Partners	CHZ	HRnetGroup	0.815	1.18	Buy	44.79	DCF
11/12/18	DBS Vickers	CHZ	HRnetGroup	0.815	1.1	Buy	34.97	PER15x FY19, ex-cash
11/12/18	CIMB	CHZ	HRnetGroup	0.815	1.1	Add	34.97	PER18x CY20
12/14/18	DMG & Partners	CHZ	HRnetGroup	0.79	1.18	Buy	49.37
01/02/19	DMG & Partners	CHZ	HRnetGroup	0.8	1.18	Buy	47.50	DCF

Stock calls for 13 February 2019

Date	Analyst	Company	Last	Target	Call	Valuation
02/13/19	Phillip	800Super	0.685	0	Cease Coverage	DCF
02/13/19	Lim & Tan	Far East Hospitality	0.64	0	Buy
02/13/19	phillip	Geo Energy	0.198	0.245	Buy
02/13/19	phillip	Golden Energy	0.245	0.36	Buy
02/13/19	UOB Kay Hian	HMI	0.535	0.73	Buy	DCF
02/13/19	OCBC	Hutchison Port	0.26	0.22	Sell
02/13/19	DBS Vickers	Hutchison Port	0.26	0.26	Hold	DCF
02/13/19	DMG & Partners	Moya Asia	0.082	0.11	Buy	DCF
02/13/19	Kim Eng	OCBC	11.41	10.95	Hold
02/13/19	CIMB	Thai Beverage	0.72	0.83	Add	Sum of parts

Singapore retail sales down 6% in December!

https://www.channelnewsasia.com/news/business/singapore-retail-sales-down-6-per-cent-december-11232574

The decline in the retail sales figure is not surprising because the retailers cannot capitalize on the festive seasons.

http://sg-stock.blogspot.com/2018/11/the-national-council-of-churches-of.html

SMRT safety is in doubt again!

https://www.reuters.com/article/us-bombardier-swiss/swiss-say-bombardier-trains-still-not-meeting-expectations-idUSKCN1Q01HQ

New Bombardier trains have safety issues and the Swiss refuse to take the deliveries.

We ordered 66 new MRT trains from Bombardier too.

http://sg-stock.blogspot.com/2018/07/singapore-awards-new-66-mrt-trains-to.html

Hotel Properties (HPL) - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/28/18	OCBC	Hotel Properties	3.78	4.74	Buy	RNAV
03/09/18	OCBC	Hotel Properties	3.77	4.74	Buy
06/18/18	OCBC	Hotel Properties	3.73	4.74	Buy
10/15/18	OCBC	Hotel Properties	3.68	4.74	Buy

Hongkong Land - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/09/18	CIMB	Hongkong Land	6.76	9.1	Add	RNAV (35% discount)
03/09/18	Lim & Tan	Hongkong Land	6.76	0	Buy
03/12/18	DBS Vickers	Hongkong Land	7.02	8.53	Buy	RNAV (35% discount)
03/13/18	CIMB	Hongkong Land	7	9.5	Add	RNAV (30% discount)
05/11/18	DBS Vickers	Hongkong Land	7.26	8.53	Buy
07/03/18	UOB Kay Hian	Hongkong Land	7.13	8.55	Not Rated
07/24/18	DBS Vickers	Hongkong Land	7.2	8.57	Buy
07/27/18	CIMB	Hongkong Land	7.15	9.5	Add	RNAV (30% discount)

Hong Leong Finance - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/05/18	DBS Vickers	Hong Leong Finance	2.77	3.2	Buy
02/28/18	DBS Vickers	Hong Leong Finance	2.68	3.2	Buy	GGM, PB0.8x FY17
05/03/18	DBS Vickers	Hong Leong Finance	2.8	3.2	Buy	GGM
08/14/18	DBS Vickers	Hong Leong Finance	2.7	3.2	Buy	GGM, PB0.7x FY19
11/15/18	DBS Vickers	Hong Leong Finance	2.57	3.2	buy	GGM, PB0.7x FY19

Stock calls for 12 February 2018

Date	Analyst	Company	Last	Target	Call	Valuation
02/12/19	DMG & Partners	APAC Realty	0.5	0.72	Buy
02/12/19	DBS Vickers	APAC Realty	0.5	0.56	Hold
02/12/19	UOB Kay Hian	Bumitama	0.685	0.81	Buy
02/12/19	Kim Eng	DBS	24.36	30.18	Buy
02/12/19	DMG & Partners	ESR-Reit	0.515	0.61	Buy	DDM
02/12/19	Amfrasers	Japan Foods	0.415	0.57	Hold	DCF
02/12/19	Kim Eng	M1	2.04	1.77	Sell
02/12/19	Lim & Tan	Manulife US Reit	0.855	0	Hold
02/12/19	DMG & Partners	Manulife US Reit	0.855	0.94	Buy	DDM
02/12/19	DBS Vickers	Manulife US Reit	0.855	0.92	Buy	DCF
02/12/19	OCBC	Mapletree Industrial	2.03	2.04	Hold
02/12/19	CIMB	SIA Engineering	2.39	3.11	Add	DCF
02/12/19	DBS Vickers	SIA Engineering	2.39	2.7	Hold	DCF & PER16x FY20 & Div Yield 4.5% & EV/Ebitda11x
02/12/19	DBS Vickers	Singtel	3.05	3.5	Buy	Sum of parts
02/12/19	Kim Eng	Singtel	3.05	3.39	Hld
02/12/19	Kim Eng	UOB	25.34	30.5	Buy
02/12/19	Lim & Tan	UOL	6.57	0	Buy
02/12/19	CIMB	Venture	15.97	17.44	Add	PER12.56x FY20
02/12/19	DBS Vickers	Yoma	0.345	0.4	Buy

Apple sales in China continue to plunge!

https://finance.yahoo.com/news/apple-apos-iphone-shipments-plunge-053428475.html

A 20% plunge for Apple is no joke! However, Huawei's sales increased by 23% in China.

The Chinese will boycott Apple as Huawei gets banned in overseas. Good luck to apple!

Death knell is bellowing for SGX as a securities market.

https://finance.yahoo.com/news/incredible-shrinking-singapore-stock-market-180030820.html

The Bloomberg article has corroborated our previous analyses about SGX below.

http://sg-stock.blogspot.com/2018/12/sgx-has-lost-its-ipo-crown-jewel-status.html

http://sg-stock.blogspot.com/2018/06/sgx-is-snubbed-by-another-local-ipo.html

http://sg-stock.blogspot.com/2017/10/sgx-doesnt-understand-capital-market.html

http://sg-stock.blogspot.com/2017/04/sgx-is-finding-increasingly-hard-to.html

Hong Lai Huat - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
10/19/18	SAC Advisors	Hong Lai Huat	0.2	0.51	Buy	RNAV (40% discount), PB0.8x FY18
12/20/18	SAC Advisors	Hong Lai Huat	0.22	0.51	Buy

Hock Lian Seng - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/20/18	UOB Kay Hian	Hock Lian Seng	0.495	0.63	Buy
02/27/18	UOB Kay Hian	Hock Lian Seng	0.51	0.65	Buy

Ho Bee - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/01/18	Kim Eng	Ho Bee	2.48	3.15	Buy	RNAV (30% discount)
03/02/18	phillip	Ho Bee	2.51	2.98	Accumulate	RNAV (30% discount)
04/11/18	Kim Eng	Ho Bee	2.54	3.15	Buy
04/27/18	Kim Eng	Ho Bee	2.54	3.3	Buy	RNAV (30% discount)
04/27/18	Lim & Tan	Ho Bee	2.54	0	Buy
04/30/18	phillip	Ho Bee	2.56	2.98	Accumulate	RNAV (30% discount)
06/05/18	UOB Kay Hian	Ho Bee	2.49	3.02	Buy
06/18/18	Lim & Tan	Ho Bee	2.37	0	Buy
06/20/18	Kim Eng	Ho Bee	2.36	3.3	Buy	RNAV (30% discount)
07/09/18	phillip	Ho Bee	2.3	2.98	Accumulate
07/09/18	Kim Eng	Ho Bee	2.3	3.05	Buy
08/14/18	phillip	Ho Bee	2.52	2.98	Accumulate	RNAV (30% discount)
08/16/18	CIMB	Ho Bee	2.57	2.9	Add
08/24/18	CIMB	Ho Bee	2.65	3	Add	RNAV (40% discount)
09/06/18	Kim Eng	Ho Bee	2.59	3.05	Buy
09/18/18	CIMB	Ho Bee	2.49	3	Add
10/02/18	CIMB	Ho Bee	2.59	3	Add
11/09/18	UOB Kay Hian	Ho Bee	2.5	2.79	Buy	RNAV (30% discount)
12/07/18	UOB Kay Hian	Ho Bee	2.41	2.79	Buy	RNAV (30% discount)

Stock calls for 11 February 2019

Date	Analyst	Company	Last	Target	Call	Valuation
02/11/19	CIMB	CDL Hospitality	1.62	1.8	Add
02/11/19	Jefferies	City Developments	9.16	12	Buy
02/11/19	OCBC	First Reit	1.14	0.97	Sell
02/11/19	Kim Eng	SIA Engineering	2.52	2.85	Buy	DCF
02/11/19	OCBC	SIA Engineering	2.52	2.47	Hold
02/11/19	phillip	SIA Engineering	2.52	2.66	Neutral	DCF
02/11/19	UOB Kay Hian	SIA Engineering	2.52	2.55	Hold
02/11/19	UOB Kay Hian	Venture	15.72	12.9	Hold

Renminbi (RMB) has depreciated after we warned of an anomaly.

\

The RMB has depreciated after our warning about the abnormal appreciation.

http://sg-stock.blogspot.com/2019/01/renminbi-rmb-is-appreciating-abnormally.html

The Chinese Central Bank has successfully addressed the anomaly as its recent monetary policies are mostly liquidity driven.

The US is interfering in Venezuela political affairs again!

https://news.yahoo.com/exclusive-u-direct-contact-venezuelan-military-urging-defections-043606414.html

The current Venezuelan President is after all an elected president who won in an open election, not the same as SG president.

Therefore, the only way to oust him is to defeat him in an open election, not supporting and recognising the opposition man as the legitimate president.

However, the USA is afraid that the current President may win again in another open election.  Therefore, the USA is trying to oust him by interfering in Venezuela's political and domestic affairs.

The USA doesn't like other countries to meddle in its political affairs but the USA likes to meddle in another country's affairs.  Shame on you, USA!

http://sg-stock.blogspot.com/2018/07/trump-wants-to-invade-venezuela.html

http://sg-stock.blogspot.com/2018/03/httpssg_1.html

http://sg-stock.blogspot.com/2018/02/the-usa-is-adamant-to-destroy-venezuela.html

http://sg-stock.blogspot.com/2017/09/venezuela-president-is-urging-its.html

http://sg-stock.blogspot.com/2017/09/usa-is-trying-to-topple-venezuela.html

Baltic dry index - 601

Today, Friday, February 08 2019, the Baltic Dry Index decreased by 9 points, reaching 601 points.

Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.

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

Related stocks: Sembcorp Marine, Cosco & Pan Ocean