Date | Analyst | Company | Last | Target | Call | Valuation |
01/10/18 | DMG & Partners | Starhub | 2.89 | 2.7 | Neutral | |
01/12/18 | UOB Kay Hian | Starhub | 2.93 | 2.62 | Hold | |
01/17/18 | CIMB | Starhub | 2.92 | 2.8 | Hold | DCF |
01/26/18 | DBS Vickers | Starhub | 2.97 | 2.2 | Fully Valued | DCF |
02/15/18 | OCBC | Starhub | 2.86 | 2.2 | Sell | |
02/15/18 | UOB Kay Hian | Starhub | 2.86 | 2.7 | Hold | DCF, Buy @ $2.50 |
02/15/18 | Kim Eng | Starhub | 2.86 | 2.27 | Sell | DCF |
02/15/18 | Credit Suisse | Starhub | 2.86 | 2.15 | Underperform | |
02/15/18 | CIMB | Starhub | 2.86 | 2.7 | Hold | DCF |
02/15/18 | Lim & Tan | Starhub | 2.86 | 0 | Sell | |
02/15/18 | DMG & Partners | Starhub | 2.86 | 2.65 | Neutral | |
02/15/18 | Citibank | Starhub | 2.86 | 2.3 | Sell | |
02/20/18 | DBS Vickers | Starhub | 2.6 | 2.2 | Fully Valued | DCF |
03/12/18 | UOB Kay Hian | Starhub | 2.47 | 2.7 | Hold | |
03/14/18 | Kim Eng | Starhub | 2.44 | 2.27 | Sell | DCF |
03/15/18 | CIMB | Starhub | 2.43 | 2.7 | Hold | DCF |
03/15/18 | DMG & Partners | Starhub | 2.43 | 2.65 | Neutral | |
03/20/18 | UOB Kay Hian | Starhub | 2.43 | 2.25 | Sell | |
04/03/18 | Kim Eng | Starhub | 2.33 | 2.27 | Hold | |
04/10/18 | OCBC | Starhub | 2.28 | 2.2 | Hold | |
04/10/18 | UOB Kay Hian | Starhub | 2.28 | 2.25 | Sell | |
04/10/18 | Citibank | Starhub | 2.28 | 2.3 | Hold | |
05/04/18 | UOB Kay Hian | Starhub | 2.31 | 2.25 | Sell | DCF |
05/04/18 | Kim Eng | Starhub | 2.31 | 2.27 | Hold | DCF |
05/04/18 | DMG & Partners | Starhub | 2.31 | 2.5 | Neutral | DCF |
05/04/18 | OCBC | Starhub | 2.31 | 2.2 | Hold | |
05/07/18 | CIMB | Starhub | 2.29 | 2.4 | Hold | DCF |
05/07/18 | DBS Vickers | Starhub | 2.29 | 2.05 | Fully Valued | DCF |
06/12/18 | UOB Kay Hian | Starhub | 1.84 | 1.98 | Hold | DCF |
06/12/18 | Citibank | Starhub | 1.84 | 2 | Hold | |
06/27/18 | DMG & Partners | Starhub | 1.73 | 1.9 | Neutral | DCF |
06/27/18 | DBS Vickers | Starhub | 1.73 | 1.42 | Hold | EV/Ebitda5.6x |
07/03/18 | UOB Kay Hian | Starhub | 1.64 | 1.98 | Hold | |
07/09/18 | Kim Eng | Starhub | 1.7 | 1.96 | Buy | DCF |
08/08/18 | UOB Kay Hian | Starhub | 1.69 | 1.92 | Hold | DCF, Buy @ $1.65 |
08/08/18 | DBS Vickers | Starhub | 1.69 | 1.42 | Hold | EV/Ebitda5.6x |
08/08/18 | DMG & Partners | Starhub | 1.69 | 1.78 | Neutral | DCF |
08/08/18 | OCBC | Starhub | 1.69 | 1.65 | Hold | |
08/08/18 | Citibank | Starhub | 1.69 | 1.55 | Hold | |
08/15/18 | CIMB | Starhub | 1.65 | 1.85 | Add | DCF |
08/20/18 | UOB Kay Hian | Starhub | 1.66 | 1.82 | Hold | DCF, Buy @ $1.64 |
09/06/18 | Kim Eng | Starhub | 1.61 | 1.96 | Buy | DCF |
09/06/18 | UOB Kay Hian | Starhub | 1.61 | 1.85 | Hold | DCF |
09/06/18 | CIMB | Starhub | 1.61 | 1.85 | Add | DCF |
09/06/18 | DBS Vickers | Starhub | 1.61 | 1.42 | Hold | EV/Ebitda5.6x |
09/06/18 | DMG & Partners | Starhub | 1.61 | 1.78 | Neutral | DCF |
09/25/18 | UOB Kay Hian | Starhub | 1.71 | 1.92 | Buy | DCF |
09/28/18 | Citibank | Starhub | 1.88 | 1.55 | Sell | |
10/01/18 | UOB Kay Hian | Starhub | 1.87 | 2.1 | Buy | DCF |
10/04/18 | DMG & Partners | Starhub | 1.87 | 1.78 | Neutral | |
10/04/18 | OCBC | Starhub | 1.87 | 1.65 | Hold | |
10/04/18 | CIMB | Starhub | 1.87 | 2 | Add | DCF |
10/04/18 | DBS Vickers | Starhub | 1.87 | 2.45 | Buy | DCF |
10/05/18 | Kim Eng | Starhub | 1.95 | 2.21 | Buy | DCF |
10/19/18 | UOB Kay Hian | Starhub | 1.96 | 2.3 | Buy | DCF |
11/02/18 | DBS Vickers | Starhub | 1.98 | 2.45 | Buy | DCF |
11/07/18 | CIMB | Starhub | 1.96 | 2 | Hold | DCF |
11/07/18 | Kim Eng | Starhub | 1.96 | 2.21 | Buy | DCF |
11/12/18 | UOB Kay Hian | Starhub | 1.94 | 2.3 | Buy | DCF |
11/12/18 | DMG & Partners | Starhub | 1.94 | 1.9 | Neutral | DCF |
11/12/18 | OCBC | Starhub | 1.94 | 1.92 | Hold | |
12/20/18 | DBS Vickers | Starhub | 1.77 | 2.45 | Buy | |
01/02/19 | UOB Kay Hian | Starhub | 1.75 | 1.6 | Sell | |
01/02/19 | Kim Eng | Starhub | 1.75 | 2.21 | Buy | |
01/04/19 | Phillip | Starhub | 1.71 | 1.88 | Accumlate | EV/Ebitda6x FY19 |
01/14/19 | DMG & Partners | Starhub | 1.77 | 1.9 | Neutral | |
01/15/19 | DBS Vickers | Starhub | 1.77 | 2.45 | Buy | DCF |
02/07/19 | Kim Eng | Starhub | 1.82 | 2.21 | Buy | |
02/08/19 | DBS Vickers | Starhub | 1.89 | 2.45 | Buy | |
02/15/19 | OCBC | Starhub | 1.9 | 1.64 | Sell | |
02/15/19 | DMG & Partners | Starhub | 1.9 | 2.02 | Neutral | DCF |
02/15/19 | DBS Vickers | Starhub | 1.9 | 1.92 | Hold | DCF |
02/15/19 | Lim & Tan | Starhub | 1.9 | 0 | Sell | |
02/18/19 | Phillip | Starhub | 1.67 | 1.58 | Neutral | EV/Ebitda |
02/18/19 | Kim Eng | Starhub | 1.67 | 2.18 | Buy | DCF |
02/18/19 | UOB Kay Hian | Starhub | 1.67 | 1.45 | Sell | DCF |
02/19/19 | CIMB | Starhub | 1.61 | 2 | Hold | DCF |
03/26/19 | CIMB | Starhub | 1.51 | 1.65 | Hold | DCF (10% discount) |
04/01/19 | Kim Eng | Starhub | 1.49 | 2.18 | Buy |
Monday, April 1, 2019
Starhub - Stock calls
Starhill - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/02/18 | Kim Eng | Starhill | 0.78 | 0.7 | Sell | DDM |
01/05/18 | DMG & Partners | Starhill | 0.775 | 0.81 | Neutral | DDM |
01/30/18 | OCBC | Starhill | 0.78 | 0.77 | Hold | |
01/30/18 | Lim & Tan | Starhill | 0.78 | 0 | Hold | |
03/19/18 | DBS Vickers | Starhill | 0.725 | 0.82 | Buy | |
04/27/18 | OCBC | Starhill | 0.72 | 0.77 | Hold | |
04/27/18 | Kim Eng | Starhill | 0.72 | 0.7 | Sell | |
05/17/18 | DMG & Partners | Starhill | 0.685 | 0.81 | Neutral | |
06/19/18 | OCBC | Starhill | 0.66 | 0.65 | Hold | |
07/30/18 | Kim Eng | Starhill | 0.685 | 0.65 | Hold | DDM |
07/30/18 | OCBC | Starhill | 0.685 | 0.65 | Hold | |
07/31/18 | CIMB | Starhill | 0.685 | 0.69 | Hold | DDM |
08/17/18 | OCBC | Starhill | 0.675 | 0.74 | Buy | |
10/16/18 | DMG & Partners | Starhill | 0.67 | 0.8 | Buy | DDM |
10/31/18 | OCBC | Starhill | 0.665 | 0.71 | Buy | |
11/01/18 | CIMB | Starhill | 0.67 | 0.74 | Add | DDM |
11/20/18 | DMG & Partners | Starhill | 0.665 | 0.8 | Buy | |
12/11/18 | DBS Vickers | Starhill | 0.67 | 0.75 | Buy | DCF |
12/11/18 | DMG & Partners | Starhill | 0.67 | 0.8 | Buy | |
01/02/19 | DMG & Partners | Starhill | 0.68 | 0.8 | Buy | DDM |
01/31/19 | CIMB | Starhill | 0.72 | 0.75 | Add | DDM |
01/31/19 | DBS Vickers | Starhill | 0.72 | 0.75 | Buy | |
02/01/19 | OCBC | Starhill | 0.715 | 0.75 | Buy | |
03/13/19 | DMG & Partners | Starhill | 0.7 | 0.8 | Buy | |
03/19/19 | OCBC | Starhill | 0.7 | 0.75 | Buy | |
03/20/19 | DBS Vickers | Starhill | 0.695 | 0.75 | Buy | |
03/21/19 | DMG & Partners | Starhill | 0.705 | 0.78 | Buy | DDM |
03/22/19 | CIMB | Starhill | 0.7 | 0.74 | Add | DDM |
Stock calls for 1 April 2019
Date | Analyst | Company | Last | Target | Call | Valuation |
04/01/19 | UOB Kay Hian | Capitaland | 3.65 | 4.4 | Buy | |
04/01/19 | phillip | Clearbridge | 0.142 | 0.28 | Buy | DCF |
04/01/19 | UOB Kay Hian | DBS | 25.23 | 28.4 | Buy | |
04/01/19 | Lim & Tan | Ho Bee | 2.52 | 0 | Buy | |
04/01/19 | UOB Kay Hian | Keppel Reit | 1.29 | 1.35 | Buy | |
04/01/19 | UOB Kay Hian | Netlink | 0.83 | 0.92 | Buy | |
04/01/19 | Kim Eng | Netlink | 0.83 | 0.93 | Buy | |
04/01/19 | UOB Kay Hian | Parkway Life | 2.92 | 3.25 | Buy | |
04/01/19 | UOB Kay Hian | Propnex | 0.595 | 0.66 | Buy | |
04/01/19 | Kim Eng | Singtel | 3.02 | 3.39 | Hold | |
04/01/19 | Kim Eng | Starhub | 1.49 | 2.18 | Buy | |
04/01/19 | UOB Kay Hian | Tianjin Zhongxin | 0.915 | 1.7 | Buy |
Germany's PMI is weaker than expected.
https://sg.finance.yahoo.com/news/germanys-manufacturing-recession-worsens-pmi-070916655--finance.html
Germany's PMI is 44.1 and is lower than the expected 44.7.
http://sg-stock.blogspot.com/2019/03/germany-will-enter-into-recession-in.html
Europe has the perfect condition set up for a financial crisis. Let's see if the US financial firms will launch an attack against Europe.
Germany's PMI is 44.1 and is lower than the expected 44.7.
http://sg-stock.blogspot.com/2019/03/germany-will-enter-into-recession-in.html
Europe has the perfect condition set up for a financial crisis. Let's see if the US financial firms will launch an attack against Europe.
Midas will go bankrupt faster than Hyflux.
https://sg.finance.yahoo.com/news/facing-insolvency-no-rescuer-sight-081430368.html
Midas is unable to find a white knight because it doesn't know its own debt situation.
We stated this in our previous post below.
http://sg-stock.blogspot.com/2018/05/midas-is-facing-bankruptcy-now.html
Midas is unable to find a white knight because it doesn't know its own debt situation.
We stated this in our previous post below.
http://sg-stock.blogspot.com/2018/05/midas-is-facing-bankruptcy-now.html
It is useless for the Hyflux investors to protest.
https://sg.finance.yahoo.com/news/rare-singapore-protest-flags-investor-anger-hyflux-slump-025643570.html
There is no point in protesting because the Hyflux investors won't achieve anything. Just look at and learn from the history of Lehman Brothers' minibonds sold by DBS. DBS also refused to compensate the Singapore minibond's investors until the HKMA forced DBS's subsidiary in HK to compensate the HK investors. It was the HKMA's action that compelled DBS to compensate our Singapore investors.
The Hyflux investors have to bite the bullets and move on because there is nothing they can do.
There is no point in protesting because the Hyflux investors won't achieve anything. Just look at and learn from the history of Lehman Brothers' minibonds sold by DBS. DBS also refused to compensate the Singapore minibond's investors until the HKMA forced DBS's subsidiary in HK to compensate the HK investors. It was the HKMA's action that compelled DBS to compensate our Singapore investors.
The Hyflux investors have to bite the bullets and move on because there is nothing they can do.
Sunday, March 31, 2019
1997 Asian financial crisis is replaying in the Middle East now. Here's why!
https://www.businessinsider.sg/turkey-probes-jpmorgan-for-lira-advice-before-currency-plunged-2019-3/?r=US&IR=T
JP Morgan is trying to start the spark of a financial crisis in the Middle East which has the same modus operandi as the 1997 Asian financial crisis.
The first step will be to devalue the currency and JPM has selected Lira because Turkey is a big economic with bad fundamentals. Turkey is in a technical recession now.
https://www.nytimes.com/2019/03/11/business/turkey-recession.html
JPM had issued a shorting report on Lira just before the Turkey election and it was successful in creating a Lira panic. The Turkey swap rates soared past 1200% at one point.
https://www.theguardian.com/world/2019/mar/31/turkey-votes-local-elections-seen-key-test-of-erdogan-rule
https://www.dailysabah.com/economy/2019/03/29/turkey-aware-of-currency-market-manipulation-ahead-of-local-elections
https://www.bloomberg.com/news/articles/2019-03-27/foreign-investors-are-trapped-in-turkey-days-before-elections
The intention of JPM is not to earn a huge windfall from the currency market but to force the Turkish central bank to hike interest rates or keep its high interest rates long enough to impact interest rate sensitive industries such as banking and finance, property, etc. Consequently, the high interest rates will cause the Turkish stock market to crash and the US financial firms will earn the huge windfalls from shorting the index futures in Turkey and other affected countries as the contagion spreads.
Let's reminisce the 1997 Asian financial crisis in steps.
1. Steep currency devaluation.
2. Central bank hikes interest rates or keeps high interest rates long enough to prevent the steep currency depreciation.
3. Stock market crashes
4. Another big but weak economy is targeted (HK)
5. Contagion spreads like fire in Asia.
The Thai baht was first targeted by George Soros (GS) because Thailand had high non-performing loans in the banking and financial industries and the Thai baht was pegged to the USD back then. The steep devaluation of the Thai baht forced the Thailand central bank to raise interest rates to prevent the steep Thai baht depreciation. Subsequently, the high interest rates caused the Thai stock market to collapse and exacerbate its economy. Thereafter, the contagion started to spread and Hong Kong became the next target for GS. In 1997, HK was returned to China with limited coffer because the UK had siphoned the HK government funds. Therefore, the new HK became the perfect target for GS.
Turkey is just like Thailand in 1997 now. Currently, step 1 (Steep currency devaluation) has happened. Turkey looks set to hike or keep its high interest rates long enough to protect its lira.
Let's see how this will pan out.
When step 2 and 3 have taken place, the next target will be one of the pigs (Portugal, Italy, Greece, Spain) in Europe. My guess will be Italy because it is a big economy with high debts.
JP Morgan is trying to start the spark of a financial crisis in the Middle East which has the same modus operandi as the 1997 Asian financial crisis.
The first step will be to devalue the currency and JPM has selected Lira because Turkey is a big economic with bad fundamentals. Turkey is in a technical recession now.
https://www.nytimes.com/2019/03/11/business/turkey-recession.html
JPM had issued a shorting report on Lira just before the Turkey election and it was successful in creating a Lira panic. The Turkey swap rates soared past 1200% at one point.
https://www.theguardian.com/world/2019/mar/31/turkey-votes-local-elections-seen-key-test-of-erdogan-rule
https://www.dailysabah.com/economy/2019/03/29/turkey-aware-of-currency-market-manipulation-ahead-of-local-elections
https://www.bloomberg.com/news/articles/2019-03-27/foreign-investors-are-trapped-in-turkey-days-before-elections
The intention of JPM is not to earn a huge windfall from the currency market but to force the Turkish central bank to hike interest rates or keep its high interest rates long enough to impact interest rate sensitive industries such as banking and finance, property, etc. Consequently, the high interest rates will cause the Turkish stock market to crash and the US financial firms will earn the huge windfalls from shorting the index futures in Turkey and other affected countries as the contagion spreads.
Let's reminisce the 1997 Asian financial crisis in steps.
1. Steep currency devaluation.
2. Central bank hikes interest rates or keeps high interest rates long enough to prevent the steep currency depreciation.
3. Stock market crashes
4. Another big but weak economy is targeted (HK)
5. Contagion spreads like fire in Asia.
The Thai baht was first targeted by George Soros (GS) because Thailand had high non-performing loans in the banking and financial industries and the Thai baht was pegged to the USD back then. The steep devaluation of the Thai baht forced the Thailand central bank to raise interest rates to prevent the steep Thai baht depreciation. Subsequently, the high interest rates caused the Thai stock market to collapse and exacerbate its economy. Thereafter, the contagion started to spread and Hong Kong became the next target for GS. In 1997, HK was returned to China with limited coffer because the UK had siphoned the HK government funds. Therefore, the new HK became the perfect target for GS.
Turkey is just like Thailand in 1997 now. Currently, step 1 (Steep currency devaluation) has happened. Turkey looks set to hike or keep its high interest rates long enough to protect its lira.
Let's see how this will pan out.
When step 2 and 3 have taken place, the next target will be one of the pigs (Portugal, Italy, Greece, Spain) in Europe. My guess will be Italy because it is a big economy with high debts.
Saturday, March 30, 2019
Baltic dry index - 689
Today, Friday, March 29 2019, the Baltic Dry Index decreased by 3 points, reaching 689 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 - 1006
The weekly Baker Hughes rig count
- Total rig count 1006 vs 1016 last week
- Oil rig count 816 vs 824 last week
- Gas rig count 190 vs 192 last week.
The price of crude is trading at $60.10 up $0.79 or 1.32%. The high reached $60.73. The low extended to $59.41
==========================
Related stocks: Keppel Corp, Sembcorp Marine & Cosco
Friday, March 29, 2019
ST Engineering - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/05/18 | DBS Vickers | ST Engineering | 3.3 | 3.7 | Hold | |
01/18/18 | CIMB | ST Engineering | 3.31 | 3.85 | Add | DCF & PER22x CY19 |
01/22/18 | Lim & Tan | ST Engineering | 3.32 | 0 | Buy | |
02/07/18 | OCBC | ST Engineering | 3.23 | 4 | Buy | |
02/07/18 | CIMB | ST Engineering | 3.23 | 3.85 | Add | |
02/20/18 | DMG & Partners | ST Engineering | 3.35 | 4.2 | Buy | |
02/26/18 | CIMB | ST Engineering | 3.39 | 3.8 | Add | DCF, PER & Div yield |
02/26/18 | UOB Kay Hian | ST Engineering | 3.39 | 3.6 | Hold | DCF, Buy @ $3.20 |
02/26/18 | DBS Vickers | ST Engineering | 3.39 | 3.9 | Buy | |
02/26/18 | Lim & Tan | ST Engineering | 3.39 | 0 | Buy | |
02/27/18 | DMG & Partners | ST Engineering | 3.44 | 4.04 | Buy | PER23x & PB5.5x & EV/Ebitda16x & DCF |
03/02/18 | Lim & Tan | ST Engineering | 3.38 | 0 | Buy | |
03/05/18 | CIMB | ST Engineering | 3.36 | 3.8 | Add | DCF & PER & Div Yield |
03/09/18 | UOB Kay Hian | ST Engineering | 3.38 | 3.6 | Hold | |
03/12/18 | Kim Eng | ST Engineering | 3.38 | 4.15 | Buy | DCF |
03/13/18 | Amfrasers | ST Engineering | 3.43 | 3.88 | Buy | |
03/13/18 | Credit Suisse | ST Engineering | 3.43 | 4 | Outperform | DCF |
03/23/18 | UOB Kay Hian | ST Engineering | 3.47 | 4.1 | Buy | EV/Invested capital basis, PER23x FY19 |
03/23/18 | DBS Vickers | ST Engineering | 3.47 | 4.1 | Buy | DCF & PER22x |
04/12/18 | Lim & Tan | ST Engineering | 3.65 | 0 | Buy | |
04/16/18 | DMG & Partners | ST Engineering | 3.67 | 4.04 | Buy | |
04/23/18 | Macquarie | ST Engineering | 3.65 | 3.9 | Outperform | |
05/11/18 | Lim & Tan | ST Engineering | 3.46 | 0 | Buy | |
05/14/18 | CIMB | ST Engineering | 3.39 | 3.8 | Add | DCF & PER20x CY19 |
05/14/18 | DBS Vickers | ST Engineering | 3.39 | 4.1 | Buy | |
05/14/18 | DMG & Partners | ST Engineering | 3.39 | 4.04 | Buy | PER23x & PB5.5x & EV/Ebitda16x & DCF |
05/23/18 | UOB Kay Hian | ST Engineering | 3.47 | 4.1 | Buy | |
06/04/18 | UOB Kay Hian | ST Engineering | 3.45 | 4.1 | Buy | |
06/28/18 | DBS Vickers | ST Engineering | 3.29 | 4.1 | Buy | |
07/03/18 | UOB Kay Hian | ST Engineering | 3.27 | 4.1 | Buy | |
07/05/18 | OCBC | ST Engineering | 3.25 | 3.9 | Buy | |
08/03/18 | UOB Kay Hian | ST Engineering | 3.36 | 4.1 | Buy | EV/Invested capital basis, PER22x FY18 |
08/10/18 | Kim Eng | ST Engineering | 3.45 | 4.15 | Buy | DCF |
08/10/18 | CIMB | ST Engineering | 3.45 | 3.8 | Add | Sum of parts |
08/10/18 | OCBC | ST Engineering | 3.45 | 3.9 | Buy | FCFE |
08/10/18 | DBS Vickers | ST Engineering | 3.45 | 4.1 | Buy | |
08/10/18 | DMG & Partners | ST Engineering | 3.45 | 3.97 | Buy | |
09/03/18 | CIMB | ST Engineering | 3.34 | 3.8 | Add | PER20x CY19 & DCF & 4% Div Yield |
09/06/18 | DMG & Partners | ST Engineering | 3.26 | 3.97 | Buy | |
09/10/18 | UOB Kay Hian | ST Engineering | 3.32 | 3.8 | Buy | EV/Invested capital basis |
09/14/18 | DBS Vickers | ST Engineering | 3.29 | 4.3 | Buy | |
09/14/18 | OCBC | ST Engineering | 3.29 | 3.95 | Buy | |
09/17/18 | Kim Eng | ST Engineering | 3.53 | 4.35 | Buy | DCF |
10/01/18 | UOB Kay Hian | ST Engineering | 3.56 | 4.06 | Buy | EV/Invested capital & PER20.9x FY18 |
10/08/18 | CIMB | ST Engineering | 3.53 | 3.8 | Add | |
11/02/18 | UOB Kay Hian | ST Engineering | 3.54 | 4.06 | Buy | EV/Invested capital & PER20.9x FY19 |
11/05/18 | DBS Vickers | ST Engineering | 3.52 | 4.3 | Buy | |
11/13/18 | DMG & Partners | ST Engineering | 3.5 | 3.97 | Buy | |
11/15/18 | DBS Vickers | ST Engineering | 3.5 | 4.15 | Buy | Sum of parts |
11/15/18 | Kim Eng | ST Engineering | 3.5 | 4.35 | Buy | DCF |
11/15/18 | CIMB | ST Engineering | 3.5 | 3.94 | Add | Sum of parts |
11/29/18 | OCBC | ST Engineering | 3.5 | 3.95 | Buy | |
12/10/18 | UOB Kay Hian | ST Engineering | 3.47 | 4.06 | Buy | |
12/14/18 | DMG & Partners | ST Engineering | 3.47 | 3.97 | Buy | |
01/02/19 | DMG & Partners | ST Engineering | 3.51 | 3.97 | Buy | |
01/23/19 | CIMB | ST Engineering | 3.66 | 3.94 | Add | |
01/31/19 | UOB Kay Hian | ST Engineering | 3.66 | 4.06 | Buy | |
02/08/19 | DBS Vickers | ST Engineering | 3.75 | 4.15 | Buy | Sum of parts |
02/21/19 | Lim & Tan | ST Engineering | 3.77 | 0 | Hold | |
02/22/19 | OCBC | ST Engineering | 3.71 | 4.01 | Buy | FCFE |
02/22/19 | DMG & Partners | ST Engineering | 3.71 | 4.1 | Buy | |
02/22/19 | UOB Kay Hian | ST Engineering | 3.71 | 4.06 | Buy | |
02/22/19 | Kim Eng | ST Engineering | 3.71 | 4.25 | Buy | DCF |
03/13/19 | DMG & Partners | ST Engineering | 3.74 | 4.1 | Buy | |
03/26/19 | CIMB | ST Engineering | 3.75 | 4.08 | Add | |
03/28/19 | UOB Kay Hian | ST Engineering | 3.75 | 4.06 | Buy | |
03/28/19 | Lim & Tan | ST Engineering | 3.75 | 0 | Hold | |
03/29/19 | UOB Kay Hian | ST Engineering | 3.73 | 4.4 | Buy | EV/Invested capital basis |
03/29/19 | OCBC | ST Engineering | 3.73 | 4.07 | Buy | |
03/29/19 | DBS Vickers | ST Engineering | 3.73 | 4.15 | Buy |
SPH Reit - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/02/18 | Kim Eng | SPH Reit | 1.05 | 1 | Hold | DDM |
01/08/18 | CIMB | SPH Reit | 1.07 | 1.06 | Hold | DDM |
01/08/18 | Lim & Tan | SPH Reit | 1.07 | 0 | Hold | |
01/08/18 | OCBC | SPH Reit | 1.07 | 1.08 | Hold | |
01/09/18 | DBS Vickers | SPH Reit | 1.07 | 1.07 | Hold | DCF |
04/09/18 | CIMB | SPH Reit | 1 | 1.06 | Hold | DDM |
04/09/18 | OCBC | SPH Reit | 1 | 1.02 | Hold | DDM |
04/09/18 | DBS Vickers | SPH Reit | 1 | 1.07 | Buy | DCF |
04/09/18 | Lim & Tan | SPH Reit | 1 | 1.06 | Hold | |
04/09/18 | Kim Eng | SPH Reit | 1 | 1 | Hold | DDM |
05/02/18 | DBS Vickers | SPH Reit | 0.99 | 1.07 | Buy | |
05/02/18 | CIMB | SPH Reit | 0.99 | 1.07 | Hold | DDM |
05/02/18 | OCBC | SPH Reit | 0.99 | 1.02 | Hold | |
06/29/18 | DBS Vickers | SPH Reit | 0.99 | 1.07 | Buy | DCF |
07/06/18 | DBS Vickers | SPH Reit | 0.99 | 1.07 | Buy | |
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 | |
07/13/18 | Kim Eng | SPH Reit | 1 | 1 | Hold | DDM |
10/12/18 | CIMB | SPH Reit | 0.985 | 1.03 | Hold | DDM |
10/12/18 | DBS Vickers | SPH Reit | 0.985 | 1.04 | Buy | DCF |
10/12/18 | OCBC | SPH Reit | 0.985 | 0.99 | Hold | |
10/12/18 | Lim & Tan | SPH Reit | 0.985 | 0 | Hold | |
11/16/18 | CIMB | SPH Reit | 1 | 1.01 | Hold | DDM |
12/19/18 | CIMB | SPH Reit | 1.01 | 1.02 | Hold | DDM |
12/19/18 | Lim & Tan | SPH Reit | 1.01 | 0 | Hold | |
12/19/18 | Kim Eng | SPH Reit | 1.01 | 1.02 | Hold | DDM |
01/07/19 | OCBC | SPH Reit | 1.01 | 0.99 | Hold | |
01/07/19 | Kim Eng | SPH Reit | 1.01 | 1.02 | Hold | DDM |
01/07/19 | DBS Vickers | SPH Reit | 1.01 | 1.05 | Buy | DCF |
01/07/19 | Lim & Tan | SPH Reit | 1.01 | 0 | Hold | |
01/07/19 | CIMB | SPH Reit | 1.01 | 1.02 | Hold | DDM |
SPH - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/15/18 | CIMB | SPH | 2.63 | 2.49 | Hold | Sum of parts, PER18.6x FY19 |
01/15/18 | UOB Kay Hian | SPH | 2.63 | 2.42 | Sell | Sum of parts |
01/15/18 | Lim & Tan | SPH | 2.63 | 0 | Hold | |
01/16/18 | DBS Vickers | SPH | 2.71 | 2.78 | Hold | Sum of parts |
01/17/18 | OCBC | SPH | 2.71 | 2.51 | Hold | Sum of parts (10% discount) |
03/05/18 | UOB Kay Hian | SPH | 2.55 | 2.42 | Sell | |
03/14/18 | UOB Kay Hian | SPH | 2.56 | 2.39 | Sell | Sum of parts |
04/11/18 | UOB Kay Hian | SPH | 2.49 | 2.41 | Hold | Sum of parts, Buy @ $2.30 |
04/11/18 | Lim & Tan | SPH | 2.49 | 0 | Hold | |
04/12/18 | OCBC | SPH | 2.49 | 2.52 | Hold | |
04/12/18 | DBS Vickers | SPH | 2.49 | 2.6 | Hold | Sum of parts |
06/13/18 | UOB Kay Hian | SPH | 2.69 | 2.46 | Hold | Buy @ $2.40 |
07/03/18 | UOB Kay Hian | SPH | 2.59 | 2.46 | Hold | |
07/05/18 | CIMB | SPH | 2.59 | 2.85 | Add | Sum of parts |
07/06/18 | DBS Vickers | SPH | 2.67 | 2.6 | Hold | |
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 | |
07/13/18 | OCBC | SPH | 2.76 | 2.52 | Hold | |
07/13/18 | CIMB | SPH | 2.76 | 2.88 | Add | Sum of parts |
09/04/18 | UOB Kay Hian | SPH | 2.81 | 2.58 | Hold | DCF, Buy @ $2.45 |
09/10/18 | DBS Vickers | SPH | 2.73 | 2.58 | Hold | |
09/11/18 | OCBC | SPH | 2.79 | 2.52 | Hold | |
09/11/18 | Lim & Tan | SPH | 2.79 | 0 | Hold | |
09/13/18 | CIMB | SPH | 2.74 | 2.88 | Add | Sum of parts |
10/16/18 | OCBC | SPH | 2.62 | 2.55 | Hold | |
10/16/18 | UOB Kay Hian | SPH | 2.62 | 2.75 | Hold | Buy @ $2.50 |
10/16/18 | CIMB | SPH | 2.62 | 2.74 | Hold | Sum of parts |
10/16/18 | Lim & Tan | SPH | 2.62 | 0 | Hold | |
01/14/19 | CIMB | SPH | 2.49 | 2.64 | Hold | Sum of parts |
01/14/19 | Lim & Tan | SPH | 2.49 | 0 | Hold | |
01/15/19 | OCBC | SPH | 2.47 | 2.55 | Hold |
Stock calls for 29 March 2019
Date | Analyst | Company | Last | Target | Call | Valuation |
03/29/19 | Lim & Tan | ART | 1.18 | 0 | Hold | BV |
03/29/19 | DBS Vickers | Jumbo | 0.395 | 0.5 | Buy | PER23x FY19/20 |
03/29/19 | UOB Kay Hian | ST Engineering | 3.73 | 4.4 | Buy | EV/Invested capital basis |
03/29/19 | OCBC | ST Engineering | 3.73 | 4.07 | Buy | |
03/29/19 | DBS Vickers | ST Engineering | 3.73 | 4.15 | Buy | |
03/29/19 | DBS Vickers | Venture | 17.8 | 21.7 | Buy |
Hyflux's white knight is trying to wiggle itself out of the deal.
https://sg.finance.yahoo.com/news/white-knight-investor-throws-singapores-083341266.html
Hahaha! The white knight is regretting its own decision to invest in Hyflux and wants a way out after realizing that Hyflux is beyond hope.
Hahaha! The white knight is regretting its own decision to invest in Hyflux and wants a way out after realizing that Hyflux is beyond hope.
Thursday, March 28, 2019
A big blow to Boeing!
https://www.news.com.au/travel/travel-advice/flights/inside-the-aircraft-boneyard-thats-now-housing-boeings-max-8s/news-story/00fd9b3a093893d2454e2a7fadd1d504
The US Southwest airlines will be sending its Boeing 737-Max planes to the remote desert graveyard for parking. This means that Boeing 737-Max won't be returned to flying in the short run.
Furthermore, this move also shows that Boeing 737-Max is really an unsafe plane as it is expensive to park the planes in a desert graveyard. The planes need to be sand-proof and the airline will also suffer from loss of incomes for not using the planes.
The US Southwest airlines will be sending its Boeing 737-Max planes to the remote desert graveyard for parking. This means that Boeing 737-Max won't be returned to flying in the short run.
Furthermore, this move also shows that Boeing 737-Max is really an unsafe plane as it is expensive to park the planes in a desert graveyard. The planes need to be sand-proof and the airline will also suffer from loss of incomes for not using the planes.
Spackman - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
05/16/18 | DMG & Partners | Spackman | 0.073 | 0.1 | Buy | DCF, PER14x FY18 |
Soilbuild Reit - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/18/18 | OCBC | Soilbuild Reit | 0.695 | 0.68 | Hold | |
01/19/18 | DBS Vickers | Soilbuild Reit | 0.7 | 0.62 | Hold | DCF |
01/19/18 | Lim & Tan | Soilbuild Reit | 0.7 | 0 | Hold | |
01/19/18 | Jefferies | Soilbuild Reit | 0.7 | 0.7 | Buy | |
03/29/18 | OCBC | Soilbuild Reit | 0.645 | 0.7 | Buy | |
04/17/18 | OCBC | Soilbuild Reit | 0.66 | 0.7 | Buy | |
04/18/18 | DBS Vickers | Soilbuild Reit | 0.66 | 0.62 | Hold | |
04/18/18 | OCBC | Soilbuild Reit | 0.66 | 0.71 | Buy | |
04/18/18 | Jefferies | Soilbuild Reit | 0.66 | 0.7 | Hold | |
05/24/18 | OCBC | Soilbuild Reit | 0.665 | 0.71 | Buy | |
07/18/18 | OCBC | Soilbuild Reit | 0.65 | 0.69 | Buy | |
07/18/18 | DBS Vickers | Soilbuild Reit | 0.65 | 0.62 | Hold | DCF |
09/10/18 | DBS Vickers | Soilbuild Reit | 0.625 | 0.62 | Hold | |
09/10/18 | OCBC | Soilbuild Reit | 0.625 | 0.69 | Buy | |
10/19/18 | DBS Vickers | Soilbuild Reit | 0.585 | 0.65 | Buy | DCF |
10/19/18 | OCBC | Soilbuild Reit | 0.585 | 0.665 | Buy | |
10/19/18 | Jefferies | Soilbuild Reit | 0.585 | 0.62 | Hold | |
01/23/19 | DBS Vickers | Soilbuild Reit | 0.62 | 0.65 | Buy | DCF |
01/23/19 | OCBC | Soilbuild Reit | 0.62 | 0.62 | Hold | |
01/23/19 | Jefferies | Soilbuild Reit | 0.62 | 0.62 | Hold |
SLB Dev - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
06/01/18 | SAC Advisors | SLB Dev | 0.215 | 0.28 | Buy |
Stock calls for 28 March 2019
Date | Analyst | Company | Last | Target | Call | Valuation |
03/28/19 | UOB Kay Hian | Ho Bee | 2.5 | 2.79 | Buy | RNAV (30% discount) |
03/28/19 | UOB Kay Hian | ST Engineering | 3.75 | 4.06 | Buy | |
03/28/19 | Lim & Tan | ST Engineering | 3.75 | 0 | Hold | |
03/28/19 | CIMB | UOL | 6.78 | 8.45 | Add |
Subscribe to:
Posts (Atom)