https://sg.finance.yahoo.com/news/semiconductor-rally-faces-apos-collapse-182441248.html
This analyst has put up a very bearish outcome for the semiconductor industry.
This is not surprising as we've stated a gloomy outcome too.
http://sg-stock.blogspot.com/2018/10/the-global-semiconductor-slowdown-is.html
Monday, March 18, 2019
Yuuzoo is the next company to collapse after Hyflux.
https://sg.finance.yahoo.com/news/yuuzoo-ceo-quits-says-company-234003509.html
Lim & Tan securities firm has been warning about this company. It issued a fraud alert as early as in 2017 on this company.
https://sg-stock.blogspot.com/2018/12/yuuzoo-stock-calls.html
A real company business operation won't be affected by a share trading suspension because the suspension has no effect on the physical operation unless the company has fraudulent business activities which require the share capital market for fundraising to sustain its businesses.
Lim & Tan securities firm has been warning about this company. It issued a fraud alert as early as in 2017 on this company.
https://sg-stock.blogspot.com/2018/12/yuuzoo-stock-calls.html
A real company business operation won't be affected by a share trading suspension because the suspension has no effect on the physical operation unless the company has fraudulent business activities which require the share capital market for fundraising to sustain its businesses.
Saturday, March 16, 2019
Bitcoin price spikes are caused by the Philippines' investors.
The recent bitcoin price spikes are caused by the Philippines' investors.
How did we know? Our blog statistics are showing huge spikes in pageviews from the Philippines for bitcoin and crypto searches for the past few days and they are our top viewers now.
Look like they will be the next to be ensnared by the "pump and dump" tactics.
How did we know? Our blog statistics are showing huge spikes in pageviews from the Philippines for bitcoin and crypto searches for the past few days and they are our top viewers now.
Look like they will be the next to be ensnared by the "pump and dump" tactics.
Baltic dry index - 677
Today, Thursday, March 14 2019, the Baltic Dry Index climbed by 23 points, reaching 677 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
US rig count - 1026
The U.S. rig count declined, albeit slightly, this week according to weekly data from Baker Hughes, a GE Company.
The nation’s oil rigs dropped by one while the gas rig count remained flat.
This is the fourth consecutive week of rig count declines. Last week, the U.S. dropped a total of 11 oil and gas rigs.
Alaska and North Dakota both added three rigs this week and New Mexico added one.
Oklahoma dropped the most rigs at five, while Louisiana and Texas dropped one rig apiece.
Among the major basins, the Cana Woodford saw the most declines at five, the Mississippian lost three rigs and the Arkoma Woodford, Granite Wash and Permian all scrapped one rig apiece.
The Williston and the Eagle Ford are the only basins who increased rigs, at three and one, respectively.
This week’s overall rig count total is 1,026. This is still higher than the count of 990 one year ago.
==================
Related stocks: Keppel Corp, Sembcorp Marine & Cosco
Boeing 737-Max has a structural design flaw.
https://www.bloomberg.com/news/articles/2019-03-15/piece-found-in-crash-wreckage-said-to-show-jet-was-set-to-dive
The US FAA was reluctant to ground Boeing 737-Max until the most important evidence (Jackscrew) showed otherwise.
The Boeing 737-Max has a structural design flaw that needs the software to implement a nose dive motion to make it fly normally but will make it difficult for the pilot to manage. Therefore, the 2 recent crashes in Indonesia and Ethiopia were caused by the defective design of the plane.
Boeing is definitely liable for the defective design and will need to make huge compensation for the deceased passengers and crews.
The US FAA was reluctant to ground Boeing 737-Max until the most important evidence (Jackscrew) showed otherwise.
The Boeing 737-Max has a structural design flaw that needs the software to implement a nose dive motion to make it fly normally but will make it difficult for the pilot to manage. Therefore, the 2 recent crashes in Indonesia and Ethiopia were caused by the defective design of the plane.
Boeing is definitely liable for the defective design and will need to make huge compensation for the deceased passengers and crews.
Friday, March 15, 2019
What happened to Hibor after HKMA intervention?
HKD Hibor
CNY Hibor
The current one-month HKD Hibor is at 1.58% and the CNY Hibor is at 2.79%.
The previous 1-month HKD Hibor was at 1.33% and the CNY Hibor was at 2.72% as shown in the link above.
The HKMA sold USD and bought HKD to stabilize the HKD which caused the 1-month hibor to rise across the board.
Regal - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
04/10/18 | Tayona | Regal | 0.13 | 0.3 | Overweight | |
08/23/18 | Tayona | Regal | 0.11 | 0.3 | Overweight |
Raffles Medical - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/08/18 | CIMB | Raffles Medical | 1.12 | 1.24 | Add | Sum of parts |
02/13/18 | UOB Kay Hian | Raffles Medical | 1.08 | 1.34 | Buy | |
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 |
02/28/18 | DBS Vickers | Raffles Medical | 1.16 | 1 | Fully Valued | Sum of parts, PER26x FY18 |
03/13/18 | UOB Kay Hian | Raffles Medical | 1.17 | 1.32 | Buy | DCF |
05/02/18 | Phillip | Raffles Medical | 1.15 | 1.32 | Accumulate | DCF |
05/02/18 | UOB Kay Hian | Raffles Medical | 1.15 | 1.32 | Buy | DCF |
05/02/18 | DMG & Partners | Raffles Medical | 1.15 | 1.02 | Sell | DCF |
05/02/18 | OCBC | Raffles Medical | 1.15 | 1.26 | Buy | |
05/02/18 | CIMB | Raffles Medical | 1.15 | 1.24 | Hold | Sum of parts |
05/02/18 | Kim Eng | Raffles Medical | 1.15 | 1.13 | Hold | |
06/29/18 | DMG & Partners | Raffles Medical | 1.01 | 1.02 | Neutral | DCF |
07/24/18 | UOB Kay Hian | Raffles Medical | 1.1 | 1.28 | Buy | DCF, PER34.8x FY18 |
08/07/18 | UOB Kay Hian | Raffles Medical | 1.09 | 1.28 | Buy | DCF, PER34.8x FY18 |
08/07/18 | DMG & Partners | Raffles Medical | 1.09 | 1.02 | Neutral | |
08/07/18 | CIMB | Raffles Medical | 1.09 | 1.19 | Hold | Sum of parts |
08/07/18 | OCBC | Raffles Medical | 1.09 | 1.26 | Buy | |
08/08/18 | Phillip | Raffles Medical | 1.11 | 1.32 | Accumulate | DCF |
09/24/18 | OCBC | Raffles Medical | 1.1 | 1.26 | Buy | |
10/30/18 | OCBC | Raffles Medical | 1.09 | 1.26 | Buy | Sum of parts |
10/30/18 | UOB Kay Hian | Raffles Medical | 1.09 | 1.27 | Buy | DCF |
10/30/18 | DMG & Partners | Raffles Medical | 1.09 | 1.02 | Neutral | DCF |
10/30/18 | CIMB | Raffles Medical | 1.09 | 1.19 | Hold | Sum of parts |
12/05/18 | UOB Kay Hian | Raffles Medical | 1.2 | 1.3 | Buy | DCF |
01/23/19 | phillip | Raffles Medical | 1.11 | 1.16 | Accumulate | |
02/20/19 | UOB Kay Hian | Raffles Medical | 1.12 | 1.3 | Buy | DCF |
02/26/19 | DMG & Partners | Raffles Medical | 1.12 | 1.02 | Neutral | DCF |
02/26/19 | OCBC | Raffles Medical | 1.12 | 1.25 | Buy | |
02/26/19 | DBS Vickers | Raffles Medical | 1.12 | 1.12 | Hold | Sum of parts, PER27x FY18/19 |
Q & M - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/08/18 | CIMB | Q & M | 0.65 | 0.61 | Reduce | PER28x CY19 |
03/02/18 | phillip | Q & M | 0.635 | 0.625 | Hold | PER27x FY18 |
05/16/18 | phillip | Q & M | 0.605 | 0.625 | Neutral | PER27x FY18 |
08/16/18 | phillip | Q & M | 0.51 | 0.649 | Buy | PER28x FY18 |
11/19/18 | phillip | Q & M | 0.51 | 0.513 | Neutral | PER25x FY18/19 |
11/23/18 | CIMB | Q & M | 0.505 | 0.47 | Reduce | PER20x FY20 |
01/23/19 | phillip | Q & M | 0.495 | 0.513 | Neutral |
Stock calls for 15 March 2019
Date | Analyst | Company | Last | Target | Call | Valuation |
03/15/19 | DBS Vickers | Cromwell Reit (EUR) | 0.49 | 0.59 | Buy | DCF |
03/15/19 | Lim & Tan | Keppel Infrastructure | 0.485 | 0 | Hold | |
03/15/19 | OCBC | Netlink | 0.795 | 0.9 | Buy |
Thursday, March 14, 2019
Propnex - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
09/12/18 | UOB Kay Hian | Propnex | 0.535 | 0.65 | Buy | DCF, PER10x FY19 |
10/22/18 | UOB Kay Hian | Propnex | 0.535 | 0.65 | Buy | DCF, PER10x FY19 |
11/15/18 | UOB Kay Hian | Propnex | 0.56 | 0.65 | Buy | DCF, PER10x FY19 |
12/10/18 | UOB Kay Hian | Propnex | 0.525 | 0.65 | Buy | |
02/27/19 | UOB Kay Hian | Propnex | 0.565 | 0.66 | Buy |
Powermatic - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
03/06/18 | CIMB | Powermatic | 1.39 | 2.58 | Add | Sum of parts, PER12.8x FY19 |
Perennial Reit - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
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) |
08/06/18 | DBS Vickers | Perennial Reit | 0.805 | 1.05 | Buy | RNAV (50% discount) |
08/07/18 | CIMB | Perennial Reit | 0.805 | 0.99 | Add | RNAV (50% discount) |
11/09/18 | DBS Vickers | Perennial Reit | 0.685 | 0.83 | Buy | RNAV (55% discount) |
02/14/19 | DBS Vickers | Perennial Reit | 0.645 | 0.83 | Buy | RNAV (55% discount) |
Stock calls for 14 March 2019
Date | Analyst | Company | Last | Target | Call | Valuation |
03/14/19 | DMG & Partners | Capitamall Trust | 2.39 | 2.2 | Neutral | DDM |
03/14/19 | DBS Vickers | Frasers Centrepoint Trust | 2.26 | 2.6 | Buy | |
03/14/19 | CIMB | Japfa | 0.715 | 0.63 | Reduce | Sum of parts |
03/14/19 | UOB Kay Hian | Jumbo | 0.405 | 0.41 | Hold | Buy @ $0.37 |
03/14/19 | DBS Vickers | SGX | 7.26 | 7.05 | Hold | DDM, PER20x CY20 |
03/14/19 | UOB Kay Hian | Thai Beverage | 0.805 | 0.86 | Hold | Sum of parts, Buy @ $0.78 |
03/14/19 | Amfrasers | Uni-Asia | 1.2 | 2.07 | Buy |
Wednesday, March 13, 2019
Parkway Life - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
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 | |
07/26/18 | Lim & Tan | Parkway Life | 2.78 | 0 | Buy | |
07/27/18 | CIMB | Parkway Life | 2.75 | 3.05 | Hold | DDM |
07/27/18 | DBS Vickers | Parkway Life | 2.75 | 3.15 | Buy | DCF |
10/25/18 | UOB Kay Hian | Parkway Life | 2.67 | 3.15 | Buy | DDM |
10/26/18 | DBS Vickers | Parkway Life | 2.63 | 3.1 | Buy | DCF |
10/26/18 | CIMB | Parkway Life | 2.63 | 3.05 | Hold | |
01/30/19 | DBS Vickers | Parkway Life | 2.8 | 3.1 | Buy |
Pacific Radiance - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/12/18 | CIMB | Pacific Radiance | 0.108 | 0.07 | Reduce |
Pacific Century - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
03/04/19 | Lim & Tan | Pacific Century | 0.385 | 0 | Buy |
Stock calls for 13 March 2019
Date | Analyst | Company | Last | Target | Call | Valuation |
03/13/19 | DMG & Partners | CDL Hospitality | 1.63 | 1.8 | Buy | |
03/13/19 | CIMB | CEI | 0.945 | 0.97 | Hold | PER10x FY20 |
03/13/19 | DMG & Partners | DBS | 25.3 | 28.8 | Buy | GGM, PB1.5x FY19 |
03/13/19 | DMG & Partners | ESR-Reit | 0.53 | 0.61 | Buy | |
03/13/19 | DMG & Partners | Fu Yu | 0.205 | 0.24 | Buy | |
03/13/19 | DMG & Partners | Genting | 1.02 | 1.22 | Buy | |
03/13/19 | Lim & Tan | Hi-P | 1.75 | 0 | Avoid | overvalued |
03/13/19 | DMG & Partners | HRnetGroup | 0.79 | 1.06 | Buy | |
03/13/19 | DMG & Partners | Manulife US Reit | 0.85 | 0.94 | Buy | |
03/13/19 | UOB Kay Hian | Sembcorp Industries | 2.57 | 2.8 | Hold | Buy @ $2.35 |
03/13/19 | DMG & Partners | Sheng Siong | 1.08 | 1.25 | Buy | |
03/13/19 | DMG & Partners | Silverlake | 0.555 | 0.65 | Buy | |
03/13/19 | DMG & Partners | ST Engineering | 3.74 | 4.1 | Buy | |
03/13/19 | DMG & Partners | Starhill | 0.7 | 0.8 | Buy | |
03/13/19 | DMG & Partners | UOB | 25.04 | 29.8 | Buy | |
03/13/19 | DMG & Partners | Wilmar | 3.24 | 3.63 | Buy |
Tuesday, March 12, 2019
SGX's dream to be a derivatives exchange is being shattered by HKEX.
https://sg.finance.yahoo.com/news/singapore-exchange-faces-threat-hkex-china-share-move-063117446.html
SGX is no longer a securities exchange favoured by IPO aspirants. Therefore, it seeks to boost its derivatives business to replace its securities market. However, this strategy is being shattered by HKEX now.
https://sg-stock.blogspot.com/2019/02/death-knell-is-bellowing-for-sgx-as.html
SGX is no longer a securities exchange favoured by IPO aspirants. Therefore, it seeks to boost its derivatives business to replace its securities market. However, this strategy is being shattered by HKEX now.
https://sg-stock.blogspot.com/2019/02/death-knell-is-bellowing-for-sgx-as.html
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