Date | Analyst | Company | Last | Target | Call | Valuation |
01/04/18 | UOB Kay Hian | Thai Beverage | 0.915 | 1.11 | Buy | Sum of parts |
01/11/18 | OCBC | Thai Beverage | 0.93 | 1.07 | Buy | |
01/23/18 | Nomura | Thai Beverage | 0.92 | 1.13 | Buy | |
01/23/18 | DBS Vickers | Thai Beverage | 0.92 | 1.07 | Buy | |
01/23/18 | CIMB | Thai Beverage | 0.92 | 1 | Hold | |
02/01/18 | UOB Kay Hian | Thai Beverage | 0.92 | 1.06 | Buy | Sum of parts |
02/15/18 | UOB Kay Hian | Thai Beverage | 0.91 | 0.99 | Hold | Sum of parts, Buy @ $0.84 |
02/15/18 | CIMB | Thai Beverage | 0.91 | 0.98 | Hold | Sum of parts, PER21.8x CY18 |
02/19/18 | DBS Vickers | Thai Beverage | 0.85 | 1.02 | Buy | Sum of parts |
02/22/18 | Phillip | Thai Beverage | 0.835 | 1.05 | Buy | Sum of parts |
03/05/18 | OCBC | Thai Beverage | 0.825 | 0.95 | Buy | |
03/19/18 | Phillip | Thai Beverage | 0.815 | 1.05 | Buy | |
03/26/18 | DBS Vickers | Thai Beverage | 0.805 | 1.02 | Buy | |
04/16/18 | Phillip | Thai Beverage | 0.8 | 1.05 | Buy | |
05/10/18 | DMG & Partners | Thai Beverage | 0.83 | 1.06 | Buy | Sum of parts |
05/16/18 | DBS Vickers | Thai Beverage | 0.8 | 1.02 | Buy | |
05/17/18 | Phillip | Thai Beverage | 0.795 | 1.05 | Buy | Sum of parts |
05/17/18 | CIMB | Thai Beverage | 0.795 | 0.98 | Add | Sum of parts |
05/17/18 | OCBC | Thai Beverage | 0.795 | 0.95 | Buy | |
06/11/18 | CIMB | Thai Beverage | 0.77 | 0.98 | Add | |
06/22/18 | DMG & Partners | Thai Beverage | 0.77 | 1.06 | Buy | |
06/22/18 | JP Morgan | Thai Beverage | 0.77 | 0.73 | Underweight | |
07/03/18 | UOB Kay Hian | Thai Beverage | 0.7 | 0.99 | Buy | |
07/12/18 | DMG & Partners | Thai Beverage | 0.725 | 1.02 | Buy | Sum of parts |
07/25/18 | DBS Vickers | Thai Beverage | 0.74 | 0.94 | Buy | Sum of parts |
08/15/18 | DBS Vickers | Thai Beverage | 0.7 | 0.94 | Buy | Sum of parts |
08/15/18 | JP Morgan | Thai Beverage | 0.7 | 0.64 | Underweight | |
08/16/18 | CIMB | Thai Beverage | 0.68 | 0.88 | Add | Sum of parts |
08/16/18 | DMG & Partners | Thai Beverage | 0.68 | 0.88 | Buy | Sum of parts |
08/16/18 | OCBC | Thai Beverage | 0.68 | 0.89 | Buy | |
08/20/18 | Phillip | Thai Beverage | 0.645 | 0.62 | Reduce | Sum of parts |
09/04/18 | Goldman Sachs | Thai Beverage | 0.645 | 0.74 | Buy | Cut from $0.94 |
09/04/18 | JP Morgan | Thai Beverage | 0.645 | 0.64 | Underweight | |
09/14/18 | CIMB | Thai Beverage | 0.62 | 0.88 | Add | |
09/18/18 | Amfrasers | Thai Beverage | 0.65 | 0.75 | Buy | Sum of parts |
09/20/18 | DBS Vickers | Thai Beverage | 0.65 | 0.94 | Buy | |
09/21/18 | DMG & Partners | Thai Beverage | 0.67 | 0.88 | Buy | |
10/02/18 | Amfrasers | Thai Beverage | 0.665 | 0.75 | Buy | Sum of parts |
10/04/18 | UOB Kay Hian | Thai Beverage | 0.71 | 0.84 | Buy | Sum of parts |
10/26/18 | Exotix Capital | Thai Beverage | 0.63 | 0.9 | Buy | |
11/02/18 | UOB Kay Hian | Thai Beverage | 0.635 | 0.84 | Buy | |
11/05/18 | DBS Vickers | Thai Beverage | 0.655 | 0.94 | Buy | |
11/13/18 | Amfrasers | Thai Beverage | 0.65 | 0.75 | Buy | Sum of parts |
11/27/18 | CIMB | Thai Beverage | 0.67 | 0.88 | Add | Sum of parts |
11/27/18 | DBS Vickers | Thai Beverage | 0.67 | 0.87 | Buy | Sum of parts |
11/27/18 | OCBC | Thai Beverage | 0.67 | 0.85 | Buy | |
11/28/18 | Phillip | Thai Beverage | 0.63 | 0.57 | Reduce | Sum of parts |
11/28/18 | UOB Kay Hian | Thai Beverage | 0.63 | 0.8 | Buy | Sum of parts |
11/28/18 | DMG & Partners | Thai Beverage | 0.63 | 0.75 | Buy | Sum of parts |
11/28/18 | CIMB | Thai Beverage | 0.63 | 0.73 | Add | Sum of parts, PER17x |
12/05/18 | Amfrasers | Thai Beverage | 0.625 | 0.75 | Buy | Sum of parts |
01/04/18 | UOB Kay Hian | Thai Beverage | 0.59 | 0.8 | Buy | Sum of parts |
01/18/19 | DMG & Partners | Thai Beverage | 0.715 | 0.85 | Buy | Sum of parts |
02/13/19 | CIMB | Thai Beverage | 0.72 | 0.83 | Add | Sum of parts |
02/15/19 | DBS Vickers | Thai Beverage | 0.72 | 0.87 | Buy | |
02/18/19 | UOB Kay Hian | Thai Beverage | 0.815 | 0.86 | Hold | Sum of parts, buy @ $0.76 |
02/18/19 | DMG & Partners | Thai Beverage | 0.815 | 0.92 | Buy | Sum of parts |
02/18/19 | CIMB | Thai Beverage | 0.815 | 0.9 | Add | Sum of parts |
02/18/19 | OCBC | Thai Beverage | 0.815 | 0.91 | Buy | |
02/19/19 | Phillip | Thai Beverage | 0.82 | 0.81 | Neutral | Sum of parts |
02/19/19 | Amfrasers | Thai Beverage | 0.82 | 0.75 | Hold | |
02/27/19 | DBS Vickers | Thai Beverage | 0.81 | 0.94 | Buy | |
03/14/19 | UOB Kay Hian | Thai Beverage | 0.805 | 0.86 | Hold | Sum of parts, Buy @ $0.78 |
Thursday, April 4, 2019
Thai Beverage - Stock calls
Stock calls for 4 April 2019
Date | Analyst | Company | Last | Target | Call | Valuation |
04/04/19 | Kim Eng | A-Reit | 2.93 | 3.1 | Buy | |
04/04/19 | Amfrasers | Accordia Golf Trust | 0.59 | 0.72 | Buy | |
04/04/19 | DMG & Partners | APAC Realty | 0.615 | 0.72 | Buy | RNAV |
04/04/19 | Kim Eng | Capitamall Trust | 2.41 | 2.4 | Hold | |
04/04/19 | Kim Eng | CDL Hospitality | 1.65 | 1.85 | Buy | |
04/04/19 | DMG & Partners | City Developments | 9.31 | 9.2 | Neutral | |
04/04/19 | Kim Eng | Frasers Centrepoint Trust | 2.36 | 2.6 | Buy | |
04/04/19 | UOB Kay Hian | Genting | 1.07 | 1.29 | Buy | |
04/04/19 | DMG & Partners | Genting | 1.07 | 1.08 | Neutral | DCF |
04/04/19 | CIMB | Genting | 1.07 | 1.11 | Add | EV/Ebitda8x |
04/04/19 | OCBC | Genting | 1.07 | 1.31 | Buy | |
04/04/19 | DBS Vickers | Genting | 1.07 | 1.54 | Buy | EV/Ebitda 12x |
04/04/19 | Kim Eng | Genting | 1.07 | 1.12 | Hold | |
04/04/19 | CIMB | Grand Venture | 0.25 | 0.34 | Add | PER10x FY20 |
04/04/19 | Kim Eng | Mapletree Commercial | 1.87 | 1.8 | Hold | |
04/04/19 | Kim Eng | Mapletree Industrial | 2.11 | 2.25 | Buy | |
04/04/19 | OCBC | Singapore Post | 0.995 | 1 | Hold |
Here we go again! Mahathir is at it again!
https://www.straitstimes.com/asia/se-asia/malaysia-pm-mahathir-mohamad-puzzled-why-johor-crown-prince-unaware-of-upcoming-ship-to
No country in its right mind will do a ship-to-ship (STS) transfer within its territorial water when cargoes loading and unloading can be done on a land port. A ship-to-ship transfer is usually conducted for illegal trading. Is Mahathir trying to encourage illegal trading?
Mahathir is trying to skin SG again but he cannot do it without JB Sultan's permission. Given the cordial relationship between JB Sultan and SG government, Mahathir knows that he cannot get the support from JB Sultan. Therefore, Mahathir is mooting a ship-to-ship transfer in the sea instead of doing it on the land port. This ship-to-ship transfer project won't succeed without China's support as close to 80% of the ships plying through the strait of Malacca are from China.
http://sg-stock.blogspot.com/2016/07/china-is-building-port-in-malacca-so.html
China and Malaysia are at loggerheads now and China won't support this stupid JB STS transfer project as the Malacca gateway project is at a roadblock now.
No country in its right mind will do a ship-to-ship (STS) transfer within its territorial water when cargoes loading and unloading can be done on a land port. A ship-to-ship transfer is usually conducted for illegal trading. Is Mahathir trying to encourage illegal trading?
Mahathir is trying to skin SG again but he cannot do it without JB Sultan's permission. Given the cordial relationship between JB Sultan and SG government, Mahathir knows that he cannot get the support from JB Sultan. Therefore, Mahathir is mooting a ship-to-ship transfer in the sea instead of doing it on the land port. This ship-to-ship transfer project won't succeed without China's support as close to 80% of the ships plying through the strait of Malacca are from China.
http://sg-stock.blogspot.com/2016/07/china-is-building-port-in-malacca-so.html
China and Malaysia are at loggerheads now and China won't support this stupid JB STS transfer project as the Malacca gateway project is at a roadblock now.
Hyflux is officially bankrupt now!
https://www.straitstimes.com/business/companies-markets/hyflux-says-rescue-deal-with-indonesian-investor-terminated-cancels
The Indonesian white knight has pulled out. Nobody wants hyflux now!
PUB will do a hostile takeover of tuaspring at zero cost since hyflux cannot resolve its on-going concern issue.
Hyflux, RIP!
The Indonesian white knight has pulled out. Nobody wants hyflux now!
PUB will do a hostile takeover of tuaspring at zero cost since hyflux cannot resolve its on-going concern issue.
Hyflux, RIP!
Wednesday, April 3, 2019
1997 Asian financial crisis is replaying in the Middle East now. Here's why! - Part 2
http://sg-stock.blogspot.com/2019/03/1997-asian-financial-crisis-is.html
After our first posting about an Asian financial crisis happening in the Middle East, the EU expressed its concern about Italy economic situation in response to JPM's lira report.
https://sg-stock.blogspot.com/2019/04/eu-is-trying-to-stop-asian-financial.html
Then, JPM is hitting back at the EU by spreading the Euro depreciation fear. Don't forget that Italy is using Euro and a weak Euro is bad for Italy. Hahaha!
https://www.reuters.com/article/us-eurozone-markets-jpmorgan/backpedaling-ecb-could-push-euro-under-1-10-jp-morgan-am-idUSKCN1RF0TC
It looks like JPM is feeling disgruntled that the EU is trying to thwart JPM's money-making plan.
After our first posting about an Asian financial crisis happening in the Middle East, the EU expressed its concern about Italy economic situation in response to JPM's lira report.
https://sg-stock.blogspot.com/2019/04/eu-is-trying-to-stop-asian-financial.html
Then, JPM is hitting back at the EU by spreading the Euro depreciation fear. Don't forget that Italy is using Euro and a weak Euro is bad for Italy. Hahaha!
https://www.reuters.com/article/us-eurozone-markets-jpmorgan/backpedaling-ecb-could-push-euro-under-1-10-jp-morgan-am-idUSKCN1RF0TC
It looks like JPM is feeling disgruntled that the EU is trying to thwart JPM's money-making plan.
Boeing saga! - Part 2
https://www.channelnewsasia.com/news/business/us-senate-panel-reviewing-whistleblower-claims-on-aviation-safety--panel-chair-11406316
More juicy stories are coming out from Boeing! No wonder the US Southwest Airlines is sending all its 737-Max to a desert graveyard.
http://sg-stock.blogspot.com/2019/03/a-big-blow-to-boeing.html
More juicy stories are coming out from Boeing! No wonder the US Southwest Airlines is sending all its 737-Max to a desert graveyard.
http://sg-stock.blogspot.com/2019/03/a-big-blow-to-boeing.html
Global inflation or deflation? - Part 3
https://www.bloomberg.com/news/articles/2019-04-03/fed-risks-fomenting-financial-bubbles-in-zeal-to-lift-inflation
The Bloomberg article corroborates our analysis that the US Fed is trying to create inflation. For more information about the rationale behind the inflation theory, please read our post below.
http://sg-stock.blogspot.com/2019/03/global-inflation-or-deflation-part-2.html
However, we have taken cognizant that the US financial firms are trying to create a financial crisis in the Middle East and Europe. If the financial crisis happens, it will invalidate the current Fed policies.
The Bloomberg article corroborates our analysis that the US Fed is trying to create inflation. For more information about the rationale behind the inflation theory, please read our post below.
http://sg-stock.blogspot.com/2019/03/global-inflation-or-deflation-part-2.html
However, we have taken cognizant that the US financial firms are trying to create a financial crisis in the Middle East and Europe. If the financial crisis happens, it will invalidate the current Fed policies.
Tee Land - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
03/09/18 | Tayona | Tee Land | 0.21 | 0.28 | Overweight | Sum of parts |
Talkmed - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/08/18 | CIMB | Talkmed | 0.69 | 0.68 | Hold | DCF |
02/21/18 | DMG & Partners | Talkmed | 0.675 | 0.72 | Neutral | DCF |
04/27/18 | DMG & Partners | Talkmed | 0.69 | 0.7 | Neutral | DCF, PER29x FY18 |
11/09/18 | DMG & Partners | Talkmed | 0.62 | 0.64 | Neutral | |
01/07/19 | DMG & Partners | Talkmed | 0.59 | 0.64 | Neutral | |
02/21/19 | DMG & Partners | Talkmed | 0.58 | 0.62 | Neutral | DCF |
TA Corp - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
10/02/18 | Tayona | TA Corp | 0.24 | 0.35 | Overweight | RNAV (33% discount) |
10/03/18 | Tayrona Financial | TA Corp | 0.24 | 0.35 | Overweight |
Stock calls for 3 April 2019
Date | Analyst | Company | Last | Target | Call | Valuation |
04/03/19 | DBS Vickers | CapitaRetail China | 1.57 | 1.65 | Buy | |
04/03/19 | DMG & Partners | Comfortdelgro | 2.59 | 2.65 | Take Profit | Buy below $2.50 |
04/03/19 | DBS Vickers | Frasers Centrepoint Trust | 2.38 | 2.6 | Buy | |
04/03/19 | DBS Vickers | Frasers Logistics | 1.16 | 1.2 | Buy | |
04/03/19 | DBS Vickers | Keppel KBS | 0.705 | 0.8 | Buy | |
04/03/19 | DBS Vickers | Mapletree Industrial | 2.12 | 2.3 | Buy | |
04/03/19 | DBS Vickers | Mapletree North Asia | 1.31 | 1.45 | Buy | |
04/03/19 | DBS Vickers | OUE Commercial | 0.52 | 0.6 | Buy | |
04/03/19 | CIMB | Sasseur | 0.78 | 0.92 | Add | |
04/03/19 | UOB Kay Hian | SPH | 2.43 | 2.82 | Buy | |
04/03/19 | Lim & Tan | Venture | 18.6 | 0 | Hold |
Tuesday, April 2, 2019
EU is trying to stop the Asian financial crisis from happening in Europe.
https://sg.finance.yahoo.com/news/eus-juncker-concerned-over-italys-093309757.html
The timing of EU's exhortation about Italy is uncanny after we have singled out Italy as the next target in Europe in our post below. Maybe the EU is trying to nip it in the bud as a pre-emptive move. However, it won't be easy for Italy to rein in its high debts.
http://sg-stock.blogspot.com/2019/03/1997-asian-financial-crisis-is.html
Look like this is a duel between the US financial firms and EU officials. Let's see who will win.
The timing of EU's exhortation about Italy is uncanny after we have singled out Italy as the next target in Europe in our post below. Maybe the EU is trying to nip it in the bud as a pre-emptive move. However, it won't be easy for Italy to rein in its high debts.
http://sg-stock.blogspot.com/2019/03/1997-asian-financial-crisis-is.html
Look like this is a duel between the US financial firms and EU officials. Let's see who will win.
Synagie - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
08/27/18 | UOB Kay Hian | Synagie | 0.27 | 0.45 | Buy | Price-to-Sales 4.2x FY19 |
09/06/18 | CIMB | Synagie | 0.215 | 0.34 | Add | Price-to-Sales 2.2x CY19 |
Suntec Reit - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/04/18 | Deutsche | Suntec Reit | 2.14 | 2.05 | Hold | |
01/05/18 | DMG & Partners | Suntec Reit | 2.17 | 1.75 | Neutral | |
01/25/18 | CIMB | Suntec Reit | 2.15 | 2.17 | Hold | DDM |
01/25/18 | DBS Vickers | Suntec Reit | 2.15 | 2.3 | Buy | DCF |
01/25/18 | OCBC | Suntec Reit | 2.15 | 1.81 | Sell | |
01/25/18 | Kim Eng | Suntec Reit | 2.15 | 1.91 | Hold | |
01/26/18 | UOB Kay Hian | Suntec Reit | 2.14 | 2.13 | Hold | DDM |
02/20/18 | DBS Vickers | Suntec Reit | 1.97 | 2.3 | Buy | |
04/25/18 | DBS Vickers | Suntec Reit | 1.9 | 2.3 | Buy | |
04/25/18 | OCBC | Suntec Reit | 1.9 | 1.81 | Sell | |
04/26/18 | DMG & Partners | Suntec Reit | 1.9 | 1.75 | Neutral | DDM |
04/26/18 | UOB Kay Hian | Suntec Reit | 1.9 | 2.13 | Hold | DDM |
04/26/18 | OCBC | Suntec Reit | 1.9 | 1.84 | Sell | |
04/26/18 | CIMB | Suntec Reit | 1.9 | 2.12 | Add | DDM |
04/26/18 | Kim Eng | Suntec Reit | 1.9 | 1.94 | Hold | |
05/08/18 | DBS Vickers | Suntec Reit | 1.92 | 2.3 | Buy | |
05/17/18 | DMG & Partners | Suntec Reit | 1.83 | 1.75 | Neutral | |
06/12/18 | DBS Vickers | Suntec Reit | 1.74 | 2.3 | Buy | |
07/25/18 | OCBC | Suntec Reit | 1.89 | 1.84 | Hold | |
07/26/18 | CIMB | Suntec Reit | 1.87 | 2.08 | Add | DDM |
07/26/18 | UOB Kay Hian | Suntec Reit | 1.87 | 2.01 | Hold | DDM, Buy @ $1.83 |
07/26/18 | DBS Vickers | Suntec Reit | 1.87 | 2.3 | Buy | DCF |
08/02/18 | DBS Vickers | Suntec Reit | 1.87 | 2.3 | Buy | |
08/02/18 | Deutsche | Suntec Reit | 1.87 | 2.1 | Buy | |
09/14/18 | DBS Vickers | Suntec Reit | 1.85 | 2.3 | Buy | |
09/25/18 | Deutsche | Suntec Reit | 1.85 | 2.1 | Buy | |
10/10/18 | CIMB | Suntec Reit | 1.84 | 2.08 | Add | |
10/16/18 | DMG & Partners | Suntec Reit | 1.78 | 1.9 | Neutral | DDM |
10/24/18 | OCBC | Suntec Reit | 1.81 | 1.84 | Hold | |
10/25/18 | CIMB | Suntec Reit | 1.81 | 2.06 | Add | DDM |
10/25/18 | UOB Kay Hian | Suntec Reit | 1.81 | 2.01 | Hold | |
10/25/18 | DBS Vickers | Suntec Reit | 1.81 | 2.3 | Buy | |
10/25/18 | OCBC | Suntec Reit | 1.81 | 1.83 | Hold | |
11/02/18 | UOB Kay Hian | Suntec Reit | 1.74 | 2.01 | Hold | |
12/11/18 | DMG & Partners | Suntec Reit | 1.78 | 1.9 | Neutral | |
01/23/19 | OCBC | Suntec Reit | 1.86 | 1.83 | Hold | |
01/24/19 | DBS Vickers | Suntec Reit | 1.87 | 2.12 | Buy | DCF |
01/24/19 | OCBC | Suntec Reit | 1.87 | 1.84 | Hold | |
01/24/19 | DMG & Partners | Suntec Reit | 1.87 | 1.9 | Neutral | DDM |
01/24/19 | Jefferies | Suntec Reit | 1.87 | 1.85 | Hold | Up from $1.80 |
01/28/19 | UOB Kay Hian | Suntec Reit | 1.93 | 2.01 | Hold | Buy @ $1.83 |
01/28/19 | CIMB | Suntec Reit | 1.93 | 2.06 | Add | |
03/18/19 | DMG & Partners | Suntec Reit | 1.93 | 1.9 | Neutral | |
04/02/19 | DBS Vickers | Suntec Reit | 1.96 | 2.12 | Buy |
Sunpower - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
06/06/18 | UOB Kay Hian | Sunpower | 0.48 | 0.77 | Buy | Sum of parts |
06/06/18 | Lim & Tan | Sunpower | 0.48 | 0.95 | Buy | Sum of parts |
08/16/18 | Lim & Tan | Sunpower | 0.595 | 0.95 | Buy | Sum of parts |
11/12/18 | Lim & Tan | Sunpower | 0.41 | 0 | Buy | |
01/10/19 | UOB Kay Hian | Sunpower | 0.385 | 0.76 | Buy | Sum of parts |
03/01/19 | UOB Kay Hian | Sunpower | 0.585 | 0.88 | Buy | Sum of parts |
Stock calls for 2 April 2019
Date | Analyst | Company | Last | Target | Call | Valuation |
04/02/19 | Macquarie | Capitaland | 3.69 | 3.9 | Outperform | RNAV |
04/02/19 | OCBC | Capitaland | 3.69 | 3.98 | Buy | |
04/02/19 | CIMB | China Aviation Oil | 1.38 | 1.7 | Add | PER11x FY20 |
04/02/19 | Lim & Tan | CSE Global | 0.545 | 0 | Buy | |
04/02/19 | phillip | DBS | 25.59 | 29 | Buy | |
04/02/19 | Kim Eng | Japfa | 0.665 | 1.05 | Buy | |
04/02/19 | phillip | OCBC | 11.21 | 13.7 | Buy | |
04/02/19 | DBS Vickers | OCBC | 11.21 | 12.9 | Buy | |
04/02/19 | DBS Vickers | Suntec Reit | 1.96 | 2.12 | Buy | |
04/02/19 | phillip | UOB | 25.42 | 32.5 | Buy | |
04/02/19 | DBS Vickers | UOB | 25.42 | 29.2 | Buy | |
04/02/19 | OCBC | UOL | 7.11 | 8.45 | Buy | RNAV |
Johoreans are suffering because of Mahathir.
https://www.businesstimes.com.sg/government-economy/johor-businesses-suffering-from-drop-in-singapore-visitors-report
Malaysians must not think that there won't be any repercussion under Mahathir's leadership because he will bring more suffering to Malaysians. Mahathir is well known to be anti-Singapore and anti-Chinese. The Malacca gateway project is going to be a white elephant once it is completed because of Mahathir's policies.
Malaysians must not think that there won't be any repercussion under Mahathir's leadership because he will bring more suffering to Malaysians. Mahathir is well known to be anti-Singapore and anti-Chinese. The Malacca gateway project is going to be a white elephant once it is completed because of Mahathir's policies.
Monday, April 1, 2019
Turkey has a strategic role in the Middle East.
Turkey has a strategic role in the Middle East and its economic collapse will bring great misfortunes in the Middle East and Europe.
Turkey is acting as a spigot of capital flows between Europe and the Middle East because of the different financial philosophies that exist between the west and Islam. The west is used to seeking a financial return based on interest yield while Islam is only allowed to seek a financial return based on profit sharing because of its religious belief. This diverse dichotomy between the 2 philosophies engenders a great opportunity for Turkey to be a financial hub in the Middle East.
Turkey is able to repackage and re-export the investments between Islamic countries and Europe so that both opposing sides can flourish. Thus, if anything happens to Turkey, the capital and investment flows between the Middle East and Europe will decline significantly and disrupt both continents.
Let's take a look at Turkey's economic situation now.
Turkey is in dire straits from the economic standpoint. It is not able to defend against any malicious attack on its economic and financial sectors.
We had highlighted this in our previous post below.
http://sg-stock.blogspot.com/2019/03/1997-asian-financial-crisis-is.html
Turkey is acting as a spigot of capital flows between Europe and the Middle East because of the different financial philosophies that exist between the west and Islam. The west is used to seeking a financial return based on interest yield while Islam is only allowed to seek a financial return based on profit sharing because of its religious belief. This diverse dichotomy between the 2 philosophies engenders a great opportunity for Turkey to be a financial hub in the Middle East.
Turkey is able to repackage and re-export the investments between Islamic countries and Europe so that both opposing sides can flourish. Thus, if anything happens to Turkey, the capital and investment flows between the Middle East and Europe will decline significantly and disrupt both continents.
Let's take a look at Turkey's economic situation now.
Turkey is in dire straits from the economic standpoint. It is not able to defend against any malicious attack on its economic and financial sectors.
We had highlighted this in our previous post below.
http://sg-stock.blogspot.com/2019/03/1997-asian-financial-crisis-is.html
Sunningdale - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/10/18 | CIMB | Sunningdale | 1.92 | 2.79 | Add | |
02/07/18 | CIMB | Sunningdale | 1.86 | 2.79 | Add | |
02/23/18 | CIMB | Sunningdale | 1.93 | 2.82 | Add | PB1.374x FY18 |
02/23/18 | UOB Kay Hian | Sunningdale | 1.93 | 2.51 | Buy | PER11.4x FY18 |
02/23/18 | DBS Vickers | Sunningdale | 1.93 | 2.7 | Buy | PER13x FY18 |
02/23/18 | Lim & Tan | Sunningdale | 1.93 | 0 | Buy on weakness | |
04/03/18 | DBS Vickers | Sunningdale | 1.89 | 2.7 | Buy | |
04/24/18 | Lim & Tan | Sunningdale | 1.73 | 0 | Hold | |
04/25/18 | UOB Kay Hian | Sunningdale | 1.47 | 2 | Buy | PER11.9x FY18 |
04/25/18 | CIMB | Sunningdale | 1.47 | 2.5 | Add | PB1.23x FY18 |
04/25/18 | DBS Vickers | Sunningdale | 1.47 | 1.53 | Hold | PER11x FY18 |
05/23/18 | UOB Kay Hian | Sunningdale | 1.27 | 2 | Buy | PER11.9x FY18 |
05/25/18 | CIMB | Sunningdale | 1.28 | 2.5 | Add | PB1.02x |
06/04/18 | UOB Kay Hian | Sunningdale | 1.38 | 2 | Buy | |
07/04/18 | UOB Kay Hian | Sunningdale | 1.29 | 2 | Buy | |
08/08/18 | Lim & Tan | Sunningdale | 1.31 | 0 | Buy | |
08/10/18 | CIMB | Sunningdale | 1.42 | 2.05 | Add | PB1.02x FY18 |
09/14/18 | UOB Kay Hian | Sunningdale | 1.35 | 1.7 | Buy | |
10/29/18 | CIMB | Sunningdale | 1.42 | 1.84 | Add | PB0.92x |
11/12/18 | CIMB | Sunningdale | 1.41 | 1.84 | Add | PB0.92x |
11/12/18 | UOB Kay Hian | Sunningdale | 1.41 | 1.5 | Hold | PER10.6x FY19, Buy @ $1.25 |
11/12/18 | Lim & Tan | Sunningdale | 1.41 | 0 | Buy | |
12/12/18 | UOB Kay Hian | Sunningdale | 1.37 | 1.5 | Hold | PER10.6x FY19, Buy @ $1.25 |
12/12/18 | Lim & Tan | Sunningdale | 1.37 | 0 | Buy | |
03/01/19 | UOB Kay Hian | Sunningdale | 1.56 | 1.3 | Hold | PER11x FY19, Buy @ $1.20 |
03/01/19 | Lim & Tan | Sunningdale | 1.56 | 0 | Hold | |
03/05/19 | CIMB | Sunningdale | 1.4 | 1.38 | Reduce | PB0.69x FY19 |
Starhub - Stock calls
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 |
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