The US Fed has concluded with no interest rate movement and termination of quantitative tightening (QT). Therefore, we can deduce that the US Fed is expecting the US economy to slow down in the latter half.
Economists and analysts are anticipating the CPIs in the US and China to rise in the 2nd half of 2019. The FAO price index is also substantiating the uprising CPI trend.
The chart above shows that the food price index is trending higher in 2019 after reaching a trough in 2018.
https://www.foodinsiderjournal.com/supply-chain/cereal-dairy-continue-drive-fao-price-index-higher-march
The US Fed is watching the economic situation as it unfolds because the upcoming inflation is desirable unless it is runaway inflation. Why is inflation desirable? Please read our post below to find out more.
http://sg-stock.blogspot.com/2019/02/usd-is-likely-to-depreciate-soon-why.html
Thursday, March 21, 2019
Wednesday, March 20, 2019
Sembcorp Marine - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/02/18 | UOB Kay Hian | Sembcorp Marine | 1.84 | 2.1 | Buy | |
01/02/18 | CIMB | Sembcorp Marine | 1.84 | 2.49 | Add | PB2x FY18 |
01/03/18 | OCBC | Sembcorp Marine | 1.87 | 1.78 | Hold | PB1.85x |
01/05/18 | Amfrasers | Sembcorp Marine | 1.83 | 2.05 | Hold | |
01/22/18 | OCBC | Sembcorp Marine | 2.3 | 2.37 | Hold | PB2x FY18 |
01/23/18 | UBS | Sembcorp Marine | 2.39 | 3.06 | Buy | |
01/23/18 | DBS Vickers | Sembcorp Marine | 2.39 | 3.1 | Buy | PB2.4x FY18 |
02/02/18 | Deutsche | Sembcorp Marine | 2.57 | 2.9 | Buy | |
02/02/18 | Credit Suisse | Sembcorp Marine | 2.57 | 3 | Outperform | |
02/07/18 | CIMB | Sembcorp Marine | 2.71 | 2.49 | Neutral | Buy @ $2 |
02/13/18 | DBS Vickers | Sembcorp Marine | 2.37 | 3.1 | Buy | |
02/22/18 | OCBC | Sembcorp Marine | 2.63 | 2.43 | Hold | |
02/22/18 | UOB Kay Hian | Sembcorp Marine | 2.63 | 1.9 | Hold | PB1.6x FY19, Buy @ $1.80 |
02/22/18 | DBS Vickers | Sembcorp Marine | 2.63 | 2.9 | Buy | PB2.4x FY18 |
02/22/18 | CIMB | Sembcorp Marine | 2.63 | 3.01 | Add | PB2.5x FY18 |
02/26/18 | phillip | Sembcorp Marine | 2.23 | 1.91 | Reduce | PER43.4x FY18 |
02/27/18 | Amfrasers | Sembcorp Marine | 2.18 | 2.06 | Hold | |
03/05/18 | CIMB | Sembcorp Marine | 2.02 | 3.01 | Add | PB2.5x FY18 |
03/05/18 | OCBC | Sembcorp Marine | 2.02 | 2.07 | Hold | PB1.7x FY18/19 |
03/06/18 | DBS Vickers | Sembcorp Marine | 1.9 | 2.9 | Buy | PB2.4x FY18 |
03/26/18 | Morgan Stanley | Sembcorp Marine | 2.09 | 2.45 | Overweight | PB2.2x FY18, Up from $1.48 ({PB1.2x) |
03/28/18 | UOB Kay Hian | Sembcorp Marine | 2.21 | 2.78 | Buy | |
04/03/18 | DBS Vickers | Sembcorp Marine | 2.22 | 2.9 | Buy | |
04/06/18 | CIMB | Sembcorp Marine | 2.17 | 3.01 | Add | PB2.5x FY18 |
04/11/18 | OCBC | Sembcorp Marine | 2.23 | 2.07 | Hold | |
04/23/18 | Macquarie | Sembcorp Marine | 2.32 | 1.8 | Underperform | PB1.5x |
04/26/18 | CIMB | Sembcorp Marine | 2.23 | 2.52 | Add | PB |
04/26/18 | UOB Kay Hian | Sembcorp Marine | 2.23 | 2.05 | Hold | PB1.7x FY19, Buy @ $1.90 |
04/26/18 | OCBC | Sembcorp Marine | 2.23 | 2.1 | Hold | PB1.75x FY18/19 |
04/26/18 | CIMB | Sembcorp Marine | 2.23 | 2.52 | Add | PB2.2x CY18 |
04/26/18 | Lim & Tan | Sembcorp Marine | 2.23 | 0 | Hold | |
04/27/18 | phillip | Sembcorp Marine | 2.11 | 1.85 | Reduce | PER51.4x |
04/27/18 | DBS Vickers | Sembcorp Marine | 2.11 | 2.9 | Buy | PB2.4x FY18 |
05/08/18 | Amfrasers | Sembcorp Marine | 2.1 | 2.64 | Buy | PB2.4x FY18 |
05/08/18 | OCBC | Sembcorp Marine | 2.1 | 2.1 | Hold | |
05/22/18 | CIMB | Sembcorp Marine | 2.27 | 2.52 | Add | PB2.2x CY18 |
06/05/18 | DBS Vickers | Sembcorp Marine | 2.11 | 2.9 | Buy | |
06/25/18 | UOB Kay Hian | Sembcorp Marine | 1.96 | 2.05 | Hold | |
07/11/18 | CIMB | Sembcorp Marine | 1.97 | 2.52 | Add | PB2.2x CY18 |
07/13/18 | DBS Vickers | Sembcorp Marine | 1.95 | 2.9 | Buy | |
07/23/18 | UOB Kay Hian | Sembcorp Marine | 1.96 | 1.83 | Hold | PB1.7x FY19, Buy @ $1.73 |
07/23/18 | Credit Suisse | Sembcorp Marine | 1.96 | 2.4 | Outperform | |
07/23/18 | OCBC | Sembcorp Marine | 1.96 | 2.1 | Hold | |
07/23/18 | phillip | Sembcorp Marine | 1.96 | 1.78 | Reduce | PB1.6x FY19 |
07/24/18 | DBS Vickers | Sembcorp Marine | 1.83 | 2.5 | Buy | |
07/24/18 | Lim & Tan | Sembcorp Marine | 1.83 | 0 | Hold | |
08/20/18 | OCBC | Sembcorp Marine | 1.67 | 1.74 | Hold | PB1.75x FY19 |
08/30/18 | CIMB | Sembcorp Marine | 1.69 | 2.52 | Add | PB2.2x CY18 |
09/06/18 | DBS Vickers | Sembcorp Marine | 1.68 | 2.5 | Buy | |
10/18/18 | CIMB | Sembcorp Marine | 1.87 | 2.52 | Add | PB2.2x CY18 |
10/26/18 | CIMB | Sembcorp Marine | 1.72 | 2.46 | Add | PB2.2x CY18 |
10/26/18 | UOB Kay Hian | Sembcorp Marine | 1.72 | 1.83 | Hold | PB1.7x FY18, Buy @ $1.65 |
10/26/18 | OCBC | Sembcorp Marine | 1.72 | 1.73 | Hold | |
10/29/18 | phillip | Sembcorp Marine | 1.61 | 1.65 | Neutral | PB1.6x FY19 |
10/29/18 | DBS Vickers | Sembcorp Marine | 1.61 | 2.4 | Buy | PB2.1x FY18 |
10/29/18 | Lim & Tan | Sembcorp Marine | 1.61 | 0 | Hold | |
01/10/19 | DIR | Sembcorp Marine | 1.62 | 1.62 | Hold | Cut from $1.78, PB1.8x FY19 |
01/22/19 | Amfrasers | Sembcorp Marine | 1.66 | 2.5 | Buy | |
02/01/19 | UOB Kay Hian | Sembcorp Marine | 1.6 | 1.83 | Hold | PB1.7x FY19, Buy @ $1.50 |
02/04/19 | DBS Vickers | Sembcorp Marine | 1.59 | 2.4 | Buy | PB2.1x FY19 |
02/21/19 | CIMB | Sembcorp Marine | 1.68 | 2.21 | Add | PB2x CY19 |
02/21/19 | OCBC | Sembcorp Marine | 1.68 | 1.77 | Hold | |
02/21/19 | phillip | Sembcorp Marine | 1.68 | 1.76 | Neutral | PB1.6x |
02/21/19 | Lim & Tan | Sembcorp Marine | 1.68 | 0 | Hold | |
02/26/19 | Amfrasers | Sembcorp Marine | 1.72 | 2.48 | Buy |
Sembcorp Industries - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/02/18 | UOB Kay Hian | Sembcorp Industries | 3.03 | 3.87 | Buy | |
01/23/18 | DBS Vickers | Sembcorp Industries | 3.38 | 4.5 | Buy | Sum of parts (10% discount), PB1.1x |
02/05/18 | OCBC | Sembcorp Industries | 3.57 | 3.95 | Buy | Sum of parts |
02/13/18 | DBS Vickers | Sembcorp Industries | 3.21 | 4.5 | Buy | |
02/19/18 | Lim & Tan | Sembcorp Industries | 3.22 | 0 | Buy | |
02/20/18 | UOB Kay Hian | Sembcorp Industries | 3.3 | 3.87 | Buy | |
02/21/18 | CIMB | Sembcorp Industries | 3.28 | 3.87 | Add | Sum of parts |
02/26/18 | OCBC | Sembcorp Industries | 3.24 | 3.84 | Buy | |
02/26/18 | phillip | Sembcorp Industries | 3.24 | 3.86 | Accumulate | Sum of parts |
02/26/18 | UOB Kay Hian | Sembcorp Industries | 3.24 | 3.28 | Hold | Sum of parts, Buy @ $2.90 |
02/26/18 | CIMB | Sembcorp Industries | 3.24 | 4.13 | Add | Sum of parts, PER8x FY18, PB0.63x FY18 |
02/27/18 | DBS Vickers | Sembcorp Industries | 3.2 | 4.4 | Buy | Sum of parts (10% discount), PB1.1x |
03/05/18 | OCBC | Sembcorp Industries | 3.12 | 3.59 | Buy | |
03/07/18 | DBS Vickers | Sembcorp Industries | 3.08 | 4.4 | Buy | RNAV (10% discount), PB1.1x |
03/26/18 | Morgan Stanley | Sembcorp Industries | 3.04 | 2.77 | Underweight | Sum of parts, Up from $2.39 |
04/03/18 | DBS Vickers | Sembcorp Industries | 3.11 | 4.4 | Buy | |
04/04/18 | UOB Kay Hian | Sembcorp Industries | 3.06 | 3.28 | Hold | Sum of parts, Buy @ $3 |
04/12/18 | CIMB | Sembcorp Industries | 3.11 | 4.13 | Add | Sum of parts |
04/23/18 | Macquarie | Sembcorp Industries | 3.24 | 3.6 | Outperform | |
05/04/18 | OCBC | Sembcorp Industries | 3.06 | 3.59 | Buy | |
05/04/18 | UOB Kay Hian | Sembcorp Industries | 3.06 | 3.6 | Hold | Sum of parts, Buy @ $2.90 |
05/04/18 | CIMB | Sembcorp Industries | 3.06 | 3.49 | Add | Sum of parts |
05/07/18 | DBS Vickers | Sembcorp Industries | 3.04 | 4.4 | Buy | Sum of parts (10% discount), PB1.1x |
05/09/18 | phillip | Sembcorp Industries | 3.06 | 3.83 | Buy | Sum of parts (10% discount) |
06/04/18 | CIMB | Sembcorp Industries | 2.93 | 3.49 | Add | |
06/04/18 | DBS Vickers | Sembcorp Industries | 2.93 | 4.5 | Buy | |
06/25/18 | UOB Kay Hian | Sembcorp Industries | 2.76 | 3.6 | Hold | PER8.5x FY19 |
06/25/18 | Lim & Tan | Sembcorp Industries | 2.76 | 0 | Accumulate | |
07/03/18 | UOB Kay Hian | Sembcorp Industries | 2.72 | 3.6 | Buy | |
07/11/18 | CIMB | Sembcorp Industries | 2.67 | 3.49 | Add | |
08/06/18 | DBS Vickers | Sembcorp Industries | 2.63 | 3.9 | Buy | RNAV (10% discount), PB1x |
08/06/18 | UOB Kay Hian | Sembcorp Industries | 2.63 | 3.41 | Buy | |
08/06/18 | CIMB | Sembcorp Industries | 2.63 | 3.49 | Add | Sum of parts |
08/07/18 | phillip | Sembcorp Industries | 2.7 | 3.7 | Buy | Sum of parts |
08/07/18 | Lim & Tan | Sembcorp Industries | 2.7 | 0 | Buy | |
09/06/18 | DBS Vickers | Sembcorp Industries | 2.75 | 3.9 | Buy | |
09/19/18 | CIMB | Sembcorp Industries | 2.9 | 3.49 | Add | Sum of parts |
09/24/18 | phillip | Sembcorp Industries | 3.03 | 3.7 | Buy | |
09/24/18 | OCBC | Sembcorp Industries | 3.03 | 3.53 | Buy | |
10/02/18 | DBS Vickers | Sembcorp Industries | 3.07 | 3.9 | Buy | Sum of parts (10% discount), PER19.2x FY18, PB1x FY18 |
10/02/18 | CIMB | Sembcorp Industries | 3.07 | 3.49 | Add | Sum of parts |
10/09/18 | UOB Kay Hian | Sembcorp Industries | 2.96 | 3.41 | Buy | |
10/11/18 | Lim & Tan | Sembcorp Industries | 2.95 | 0 | Buy | |
11/01/18 | Macquarie | Sembcorp Industries | 2.82 | 3.6 | Buy | |
11/05/18 | OCBC | Sembcorp Industries | 2.84 | 3.3 | Buy | Sum of parts |
11/05/18 | UOB Kay Hian | Sembcorp Industries | 2.84 | 3.41 | Buy | Sum of parts |
11/05/18 | CIMB | Sembcorp Industries | 2.84 | 3.49 | Add | Sum of parts |
11/05/18 | DBS Vickers | Sembcorp Industries | 2.84 | 3.7 | Buy | RNAV (10% discount), PB1x |
11/08/18 | phillip | Sembcorp Industries | 2.67 | 3.6 | Buy | Sum of parts |
11/08/18 | Lim & Tan | Sembcorp Industries | 2.67 | 0 | Hold | |
12/13/18 | UOB Kay Hian | Sembcorp Industries | 2.61 | 3.41 | Buy | |
12/21/18 | DBS Vickers | Sembcorp Industries | 2.54 | 3.7 | Buy | |
01/10/19 | DIR | Sembcorp Industries | 2.64 | 3.05 | Outperform | Sum of parts, cut from $3.26 |
01/15/19 | UOB Kay Hian | Sembcorp Industries | 2.63 | 3.2 | Buy | Sum of parts |
01/23/19 | CIMB | Sembcorp Industries | 2.69 | 3.49 | Add | |
02/01/19 | UOB Kay Hian | Sembcorp Industries | 2.59 | 3.2 | Buy | |
02/04/19 | DBS Vickers | Sembcorp Industries | 2.58 | 3.7 | Buy | |
02/21/19 | Lim & Tan | Sembcorp Industries | 2.66 | 0 | Hold | |
02/25/19 | DBS Vickers | Sembcorp Industries | 2.67 | 3.9 | Buy | RNAV (10% discount), PB1x |
03/13/19 | UOB Kay Hian | Sembcorp Industries | 2.57 | 2.8 | Hold | Sum of parts, Buy @ $2.35 |
03/18/19 | Lim & Tan | Sembcorp Industries | 2.52 | 0 | Hold |
SATS - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/16/18 | OCBC | SATS | 5.78 | 5.5 | Hold | Buy @ $5.05 or lower |
01/16/18 | Citi Research | SATS | 5.78 | 6.1 | Buy | Up from $5.63 |
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 |
03/09/18 | UOB Kay Hian | SATS | 5.03 | 5.9 | Buy | |
04/13/18 | UOB Kay Hian | SATS | 5.18 | 5.8 | Buy | PER25.3x FY19 |
04/19/18 | CIMB | SATS | 5.45 | 5.17 | Hold | |
05/30/18 | Lim & Tan | SATS | 5.35 | 0 | Hold | |
05/31/18 | phillip | SATS | 5.28 | 5.58 | Accumulate | DCF |
05/31/18 | UOB Kay Hian | SATS | 5.28 | 5.7 | Buy | DCF, PER24.3x FY19 |
05/31/18 | DBS Vickers | SATS | 5.28 | 5.64 | Buy | |
05/31/18 | OCBC | SATS | 5.28 | 5.5 | Hold | |
06/11/18 | UOB Kay Hian | SATS | 5.13 | 5.7 | Buy | |
06/14/18 | OCBC | SATS | 5.06 | 5.5 | Buy | |
07/03/18 | UOB Kay Hian | SATS | 4.91 | 5.7 | Buy | |
07/20/18 | phillip | SATS | 5.1 | 5.58 | Accumulate | DCF, PER24.7x FY19 |
07/20/18 | UOB Kay Hian | SATS | 5.1 | 6.1 | Buy | DCF, PER23x FY20 |
07/20/18 | Kim Eng | SATS | 5.1 | 5.9 | Buy | PER21x FY20 |
07/20/18 | CIMB | SATS | 5.1 | 5.06 | Hold | PER20x CY19 |
07/20/18 | DBS Vickers | SATS | 5.1 | 5.65 | Buy | DCF & PER22x FY19 |
08/17/18 | UOB Kay Hian | SATS | 5.1 | 6.1 | Buy | |
09/10/18 | UOB Kay Hian | SATS | 5.01 | 6.1 | Buy | |
09/18/18 | OCBC | SATS | 4.93 | 5.39 | Buy | |
11/08/18 | UOB Kay Hian | SATS | 4.99 | 5.6 | Buy | EV/Invested Capital |
11/09/18 | phillip | SATS | 5.11 | 5.47 | Accumulate | DCF, PER24.3x FY19 |
11/09/18 | OCBC | SATS | 5.11 | 5.39 | Hold | |
11/09/18 | CIMB | SATS | 5.11 | 5.06 | Hold | PER20x CY19 |
11/12/18 | DBS Vickers | SATS | 4.88 | 5.6 | Buy | DCF, PER22x FY20 |
11/12/18 | Citi Research | SATS | 4.88 | 6 | Buy | |
11/29/18 | OCBC | SATS | 4.65 | 5.34 | Buy | FCFE |
11/30/18 | UOB Kay Hian | SATS | 4.83 | 5.4 | Buy | |
12/10/18 | UOB Kay Hian | SATS | 4.65 | 5.6 | Buy | |
01/04/19 | UOB Kay Hian | SATS | 4.59 | 5.6 | Buy | |
01/11/19 | OCBC | SATS | 4.94 | 5.23 | Hold | DCF |
02/08/19 | UOB Kay Hian | SATS | 4.8 | 5.6 | Buy | |
02/14/19 | phillip | SATS | 4.98 | 5.47 | Accumulate | DCF, PER24.6x FY19 |
02/14/19 | OCBC | SATS | 4.98 | 5.23 | Hold | |
02/14/19 | CIMB | SATS | 4.98 | 5.46 | Add | PER20.3x |
02/14/19 | Lim & Tan | SATS | 4.98 | 0 | Hold | |
02/14/19 | DBS Vickers | SATS | 4.98 | 5.59 | Buy | DCF & PER22x FY19 |
02/14/19 | Kim Eng | SATS | 4.98 | 5.8 | Buy | |
02/15/19 | Citi Research | SATS | 5.08 | 6 | Buy |
Stock calls for 20 March 2019
Date | Analyst | Company | Last | Target | Call | Valuation |
03/20/19 | DMG & Partners | Dairy Farm | 7.41 | 8.25 | Buy | DCF |
03/20/19 | CIMB | Mapletree Commercial | 1.83 | 1.94 | Add | DDM |
03/20/19 | DBS Vickers | Starhill | 0.695 | 0.75 | Buy | |
03/20/19 | UOB Kay Hian | Wilmar | 3.3 | 3.9 | Buy |
Tommy Koh has an anti-China mindset and it's bad for Singapore.
https://www.straitstimes.com/singapore/tommy-koh-urges-japan-to-be-top-asean-investor-again
I don't know what China did to him or his ancestors for him to be imbued with anti-China sentiment. However, I knew what the Japanese did to Asia (raped and killed millions of people) for 3 years 8 months.
China is a growing economy (US$12T GDP now) and will surpass the USA (US$20T GDP now) by 2030 but Japan has only a GDP of US$4.5T now. Furthermore, China has a much deeper pocket than Japan.
Anyone with a decent IQ will know that it is inevitable that we need to depend on China for our economic growth. This is something we cannot walk away. Even Japan has to depend on China for its own economic growth now. Why do we need to rely on Japan when Japan has to depend on China too. We might as well depend on China directly instead of via Japan.
We will face a steep slowdown if we lose our dependence on China as shown below.
https://sg.finance.yahoo.com/news/singapore-faces-steepest-growth-deceleration-030149598.html
I think we need to boot old people out of politics as an irrational mindset tends to develop in old age. I am not being discriminative against old age but the fact speaks for itself.
I don't know what China did to him or his ancestors for him to be imbued with anti-China sentiment. However, I knew what the Japanese did to Asia (raped and killed millions of people) for 3 years 8 months.
China is a growing economy (US$12T GDP now) and will surpass the USA (US$20T GDP now) by 2030 but Japan has only a GDP of US$4.5T now. Furthermore, China has a much deeper pocket than Japan.
Anyone with a decent IQ will know that it is inevitable that we need to depend on China for our economic growth. This is something we cannot walk away. Even Japan has to depend on China for its own economic growth now. Why do we need to rely on Japan when Japan has to depend on China too. We might as well depend on China directly instead of via Japan.
We will face a steep slowdown if we lose our dependence on China as shown below.
https://sg.finance.yahoo.com/news/singapore-faces-steepest-growth-deceleration-030149598.html
I think we need to boot old people out of politics as an irrational mindset tends to develop in old age. I am not being discriminative against old age but the fact speaks for itself.
USD is likely to depreciate soon. Why? - Part 2
The USD dollar index is below 96 now.
This is an update post for our previous post below. In our previous post, we had stated the factors for USD depreciation.
http://sg-stock.blogspot.com/2019/02/usd-is-likely-to-depreciate-soon-why.html
This is an update post for our previous post below. In our previous post, we had stated the factors for USD depreciation.
http://sg-stock.blogspot.com/2019/02/usd-is-likely-to-depreciate-soon-why.html
Tuesday, March 19, 2019
Sasseur - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
06/07/18 | Kim Eng | Sasseur | 0.77 | 0.9 | Buy | |
06/20/18 | Citi Research | Sasseur | 0.76 | 0.92 | Buy | |
08/07/18 | Kim Eng | Sasseur | 0.75 | 0.9 | Buy | DDM |
09/18/18 | DBS Vickers | Sasseur | 0.71 | 0.91 | Buy | DCF |
11/13/18 | Kim Eng | Sasseur | 0.68 | 0.9 | Buy | |
11/14/18 | DBS Vickers | Sasseur | 0.68 | 0.91 | Buy | DCF |
02/20/19 | Kim Eng | Sasseur | 0.74 | 0.9 | Buy | DDM |
02/20/19 | DBS Vickers | Sasseur | 0.74 | 0.97 | Buy | DCF |
Sarine - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
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 |
05/15/18 | CIMB | Sarine | 1.03 | 1.53 | Add | PER17.2x CY19 |
Sanli Env - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/11/18 | SAC Advisors | Sanli Env | 0.295 | 0.36 | Buy | PER15.9x FY18 |
05/25/18 | SAC Advisors | Sanli Env | 0.25 | 0.36 | Buy | |
12/20/18 | SAC Advisors | Sanli Env | 0.22 | 0.36 | Buy |
Stock calls for 19 March 2019
Date | Analyst | Company | Last | Target | Call | Valuation |
03/19/19 | DMG & Partners | Avi-Tech | 0.29 | 0.3 | Neutral | |
03/19/19 | DBS Vickers | Mermaid Maritime | 0.084 | 0.06 | Sell | Sum of parts |
03/19/19 | CIMB | Mermaid Maritime | 0.084 | 0.158 | Hold | PB0.48x CY18 |
03/19/19 | phillip | SGX | 7.31 | 8.17 | Accumulate | PER23.2x |
03/19/19 | Kim Eng | Sheng Siong | 1.08 | 0.95 | Sell | DCF, PER19.5x FY19 |
03/19/19 | CIMB | SIA | 9.83 | 10.25 | Hold | |
03/19/19 | UOB Kay Hian | SIA | 9.83 | 10.1 | Hold | Buy @ $9 |
03/19/19 | OCBC | Starhill | 0.7 | 0.75 | Buy | |
03/19/19 | DMG & Partners | Valuetronics | 0.69 | 0.78 | Neutral | |
03/19/19 | DMG & Partners | Venture | 18 | 19 | Buy |
WIPO showed that China didn't steal other technologies.
https://finance.yahoo.com/news/huawei-leads-asian-domination-u-230100081.html
If China steals from others, it won't be able to file so many patents. Furthermore, China will topple the US this year or next in the patent application.
Well done to China!
If China steals from others, it won't be able to file so many patents. Furthermore, China will topple the US this year or next in the patent application.
Well done to China!
Monday, March 18, 2019
Roxy-Pacific - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
02/15/18 | OCBC | Roxy-Pacific | 0.56 | 0.66 | Buy | |
02/19/18 | DBS Vickers | Roxy-Pacific | 0.56 | 0.69 | Buy | RNAV (30% discount) |
03/20/18 | DBS Vickers | Roxy-Pacific | 0.555 | 0.69 | Buy | RNAV (30% discount) |
04/03/18 | DBS Vickers | Roxy-Pacific | 0.55 | 0.69 | Buy | |
05/08/18 | DBS Vickers | Roxy-Pacific | 0.515 | 0.63 | Buy | |
05/15/18 | OCBC | Roxy-Pacific | 0.515 | 0.6 | Buy | |
06/05/18 | DBS Vickers | Roxy-Pacific | 0.505 | 0.63 | Buy | |
07/09/18 | DBS Vickers | Roxy-Pacific | 0.43 | 0.4 | Fully Valued | RNAV (55% discount) |
08/01/18 | OCBC | Roxy-Pacific | 0.44 | 0.44 | Hold | RNAV (35% discount) |
08/01/18 | DBS Vickers | Roxy-Pacific | 0.44 | 0.4 | Hold | RNAV (55% discount) |
08/02/18 | DBS Vickers | Roxy-Pacific | 0.44 | 0.4 | Fully Valued | RNAV (55% discount) |
11/01/18 | OCBC | Roxy-Pacific | 0.38 | 0.41 | Hold | RNAV (40% discount) |
12/14/18 | DBS Vickers | Roxy-Pacific | 0.405 | 0.39 | Hold | RNAV (55% discount) |
01/17/19 | DBS Vickers | Roxy-Pacific | 0.405 | 0.39 | Hold | |
02/25/19 | OCBC | Roxy-Pacific | 0.415 | 0.41 | Hold |
Riverstone - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
02/26/18 | CIMB | Riverstone | 1.04 | 1.28 | Add | PER18.6x FY19 |
02/26/18 | DBS Vickers | Riverstone | 1.04 | 1.27 | Buy | PER16x FY19 |
02/26/18 | Kim Eng | Riverstone | 1.04 | 1.22 | Buy | PER18x FY18 |
05/09/18 | DBS Vickers | Riverstone | 0.985 | 1.27 | Buy | |
05/09/18 | Lim & Tan | Riverstone | 0.985 | 0 | Hold | |
05/14/18 | CIMB | Riverstone | 1 | 1.28 | Add | |
08/08/18 | CIMB | Riverstone | 1.1 | 1.28 | Add | PER16.7x FY19 |
08/08/18 | DBS Vickers | Riverstone | 1.1 | 1.25 | Buy | PER16x FY19 |
08/20/18 | CIMB | Riverstone | 1.11 | 1.3 | Add | PER16.7x FY19 |
11/05/18 | DBS Vickers | Riverstone | 1.18 | 1.17 | Hold | PER16x FY19 |
11/05/18 | CIMB | Riverstone | 1.18 | 1.3 | Add | PER16.7x CY19 |
02/27/19 | CIMB | Riverstone | 1.1 | 1.22 | Add | PER16.7x FY20 |
02/27/19 | DBS Vickers | Riverstone | 1.1 | 1.19 | Hold | PER16x FY19 |
Religare Health Trust - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
02/14/18 | CIMB | Religare Health Trust | 0.83 | 0.92 | Hold | DDM |
03/20/18 | DBS Vickers | Religare Health Trust | 0.775 | 0.85 | Hold | |
06/14/18 | CIMB | Religare Health Trust | 0.765 | 0.81 | Hold | DDM |
Stock calls for 18 March 2019
Date | Analyst | Company | Last | Target | Call | Valuation |
03/18/19 | DMG & Partners | Cache Logistics | 0.72 | 0.81 | Buy | |
03/18/19 | DMG & Partners | CapitaCommercial | 1.98 | 1.86 | Neutral | |
03/18/19 | OCBC | Capitaland | 3.44 | 3.98 | Buy | |
03/18/19 | DMG & Partners | EC World Reit | 0.77 | 0.84 | Buy | |
03/18/19 | DMG & Partners | Frasers Centrepoint Trust | 2.28 | 2.19 | Neutral | |
03/18/19 | DMG & Partners | Frasers Commercial Trust | 1.47 | 1.5 | Neutral | |
03/18/19 | phillip | Geo Energy | 0.183 | 0.245 | Buy | |
03/18/19 | DMG & Partners | Keppel Reit | 1.23 | 1.06 | Neutral | |
03/18/19 | DMG & Partners | OUE Hospitality | 0.725 | 0.77 | Buy | |
03/18/19 | UOB Kay Hian | Parkway Life | 2.88 | 3.25 | Buy | DDM |
03/18/19 | Lim & Tan | Sembcorp Industries | 2.52 | 0 | Hold | |
03/18/19 | DMG & Partners | Suntec Reit | 1.93 | 1.9 | Neutral | |
03/18/19 | OCBC | UOL | 6.45 | 8.45 | Buy | RNAV |
Singapore Nodx gained 4.9% in February 2019
https://www.businesstimes.com.sg/government-economy/singapore-non-oil-exports-back-in-the-black-in-february-defying-economists
Although the economists get it wrong for Feb 2019, one month data do not make a trend.
https://sg-stock.blogspot.com/2019/02/singapore-nodx-fell-101-in-january-2019.html
Although the economists get it wrong for Feb 2019, one month data do not make a trend.
Year on year changes (YOY):
February 2019: 4.9%
January 2019: -10.1%
December 2018: -8.5%
November 2018: -2.6%
October 2018: 8.3%
September 2018: 8.3%
August 2018: 5%
July 2018: 11.8% (Corrected)
June 2018: 1.1%
May 2018: 15.5%
April 2018: 11.8%
March 2018: -2.7%
February 2018: -5.9%
January 2018: 13%
December 2017: 3.1%
November 2017: 9.1%
October 2017: 20.9%
September 2017: -1.1%
August 2017: 16.7%
July 2017: 8.5%
June 2017: 8.2%
May 2017: -1.2%
Apr 2017: -0.7%
Mar 2017: 16.5%
Feb 2017: 21.1%
Jan 2017: 8.6%
May 2017: -1.2%
Apr 2017: -0.7%
Mar 2017: 16.5%
Feb 2017: 21.1%
Jan 2017: 8.6%
https://sg-stock.blogspot.com/2019/02/singapore-nodx-fell-101-in-january-2019.html
The semiconductor is facing a collapse.
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
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
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