Date | Analyst | Company | Last | Target | Call | Valuation |
08/30/19 | DBS Vickers | CapitaCommercial | 2.13 | 2.3 | Buy | DCF |
08/30/19 | UOB Kay Hian | Eagle Hospitality Trust | 0.675 | 1.02 | Buy | DDM |
08/30/19 | CIMB | Frasers Centrepoint Trust | 2.74 | 2.9 | Add | DDM |
08/30/19 | DMG & Partners | Frasers Centrepoint Trust | 2.74 | 2.55 | Neutral | DDM |
Friday, August 30, 2019
Stock calls for 30 August 2019
Thursday, August 29, 2019
Mermaid Maritime - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
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 |
Memtech - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
02/28/19 | Lim & Tan | Memtech | 1.03 | 0 | Buy on weakness | |
02/28/19 | CIMB | Memtech | 1.03 | 1.08 | Hold | PER8.5x FY20 |
03/01/19 | UOB Kay Hian | Memtech | 0.985 | 1.33 | Buy | PER11x FY19 |
04/26/19 | UOB Kay Hian | Memtech | 0.96 | 1.33 | Buy | |
05/15/19 | CIMB | Memtech | 1.09 | 1.35 | Accept offer | offer $1.35 |
05/15/19 | Lim & Tan | Memtech | 1.09 | 1.35 | Accept offer | offer $1.35 |
06/17/19 | Lim & Tan | Memtech | 1.33 | 1.35 | Accept offer | offer $1.35 |
Mapletree North Asia - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/29/19 | OCBC | Mapletree North Asia | 1.25 | 1.35 | Buy | |
01/29/19 | DBS Vickers | Mapletree North Asia | 1.25 | 1.45 | Buy | |
02/09/19 | DBS Vickers | Mapletree North Asia | 1.25 | 1.45 | Buy | |
04/03/19 | DBS Vickers | Mapletree North Asia | 1.31 | 1.45 | Buy | |
05/02/19 | OCBC | Mapletree North Asia | 1.36 | 1.4 | Hold | |
05/02/19 | DBS Vickers | Mapletree North Asia | 1.36 | 1.6 | Buy | DCF |
07/19/19 | DBS Vickers | Mapletree North Asia | 1.45 | 1.65 | Buy | DCF |
07/30/19 | OCBC | Mapletree North Asia | 1.38 | 1.43 | Hold | |
07/31/19 | CIMB | Mapletree North Asia | 1.42 | 1.5 | Add | DDM |
08/14/19 | OCBC | Mapletree North Asia | 1.28 | 1.43 | Buy |
Stock calls for 29 August 2019
Date | Analyst | Company | Last | Target | Call | Valuation |
08/29/19 | Lim & Tan | Avi-Tech | 0.27 | 0 | Buy | |
08/29/19 | CIMB | CSE Global | 0.425 | 0.6 | Add | |
08/29/19 | Macquarie | DBS | 24.02 | 25.8 | Neutral | |
08/29/19 | Amfrasers | Geo Energy | 0.15 | 0.14 | Neutral | FCFE |
08/29/19 | UOB Kay Hian | ISOTeam | 0.23 | 0.34 | Buy | |
08/29/19 | DMG & Partners | ISOTeam | 0.23 | 0.31 | Buy | DCF |
08/29/19 | Macquarie | UOB | 24.41 | 27.2 | Neutral | PB |
AP news is creating a false impression of South China Sea issue again.
https://news.yahoo.com/duterte-arrives-beijing-raise-south-025940861.html
The AP news keeps reporting that the 2016 Hague arbitration invalidated China's claims. What is this 2016 Hague arbitration? AP news refuses to name PCA directly because it wants to mislead people that it is referring to ICJ which is under the UN. PCA is a private entity and is not under the UN. We've stated this many times before.
http://sg-stock.blogspot.com/2016/07/the-truth-about-south-china-sea-ruling.html
http://sg-stock.blogspot.com/2018/11/a-1947-map-showed-that-south-china-sea.html
http://sg-stock.blogspot.com/2016/07/icj-has-declared-that-it-is-not.html
The AP news keeps reporting that the 2016 Hague arbitration invalidated China's claims. What is this 2016 Hague arbitration? AP news refuses to name PCA directly because it wants to mislead people that it is referring to ICJ which is under the UN. PCA is a private entity and is not under the UN. We've stated this many times before.
http://sg-stock.blogspot.com/2016/07/the-truth-about-south-china-sea-ruling.html
http://sg-stock.blogspot.com/2018/11/a-1947-map-showed-that-south-china-sea.html
http://sg-stock.blogspot.com/2016/07/icj-has-declared-that-it-is-not.html
Public vandalism is part and parcel of Hong Kong protest.
The police must punish those who destroy public properties deliberately. They're lucky they're not in SG because vandalism of public properties carries a jail term and strokes of caning.
These are what the HK protestors called peaceful protests. Take a look and learn the new definition of "peaceful".
A picture tells a thousand words and a video tells a thousand pictures.
Do you see peaceful protests and police brutality?
or
Do you see riots and protestors' brutality?
Wednesday, August 28, 2019
UBS urges investors to sell stocks due to US-China trade war.
https://www.ft.com/content/98318f9a-c808-11e9-a1f4-3669401ba76f
UBS is very bearish about any potential US-China trade detente and concludes that a trade deal between these 2 nations would be hard to reach in the near future. Therefore, it has recommended investors to sell stocks to avoid the volatilities caused by Trump's tirades (tweets).
UBS is very bearish about any potential US-China trade detente and concludes that a trade deal between these 2 nations would be hard to reach in the near future. Therefore, it has recommended investors to sell stocks to avoid the volatilities caused by Trump's tirades (tweets).
Mapletree Logistics - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/02/19 | CIMB | Mapletree Logistics | 1.26 | 1.42 | Add | DDM |
01/11/19 | UOB Kay Hian | Mapletree Logistics | 1.33 | 1.39 | Hold | DDM, Buy @ $1.26 |
01/22/19 | OCBC | Mapletree Logistics | 1.34 | 1.4 | Buy | |
01/23/19 | DBS Vickers | Mapletree Logistics | 1.34 | 1.5 | Buy | |
01/23/19 | Kim Eng | Mapletree Logistics | 1.34 | 1.3 | Hold | DDM |
02/08/19 | DBS Vickers | Mapletree Logistics | 1.39 | 1.5 | Buy | |
01/23/19 | CIMB | Mapletree Logistics | 1.34 | 1.44 | Add | DDM |
02/28/19 | Kim Eng | Mapletree Logistics | 1.39 | 1.3 | Hold | |
03/07/19 | OCBC | Mapletree Logistics | 1.42 | 1.5 | Buy | |
04/18/19 | OCBC | Mapletree Logistics | 1.44 | 1.45 | Hold | |
04/29/19 | Kim Eng | Mapletree Logistics | 1.48 | 1.4 | Hold | |
04/29/19 | DBS Vickers | Mapletree Logistics | 1.48 | 1.6 | Buy | |
04/29/19 | CIMB | Mapletree Logistics | 1.48 | 1.48 | Hold | |
04/30/19 | OCBC | Mapletree Logistics | 1.47 | 1.38 | Hold | |
05/02/19 | UOB Kay Hian | Mapletree Logistics | 1.48 | 1.39 | Hold | Buy @ $1.26 |
06/06/19 | DBS Vickers | Mapletree Logistics | 1.5 | 1.6 | Buy | |
07/19/19 | DBS Vickers | Mapletree Logistics | 1.61 | 1.85 | Buy | |
07/23/19 | OCBC | Mapletree Logistics | 1.61 | 1.4 | Hold | |
07/24/19 | Kim Eng | Mapletree Logistics | 1.61 | 1.55 | Hold | |
07/25/19 | UOB Kay Hian | Mapletree Logistics | 1.6 | 1.39 | Hold | DDM |
Mapletree Industrial - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/17/19 | OCBC | Mapletree Industrial | 1.97 | 2.04 | Hold | |
01/18/19 | CIMB | Mapletree Industrial | 1.99 | 2.1 | Add | DDM |
01/23/19 | DBS Vickers | Mapletree Industrial | 1.98 | 2.22 | Buy | PER16.8x FY19 |
01/23/19 | DIR | Mapletree Industrial | 1.98 | 1.78 | Underperform | |
01/24/19 | Phillip | Mapletree Industrial | 1.96 | 2.03 | Neutral | DDM, PB1.36x FY19 |
01/24/19 | Kim Eng | Mapletree Industrial | 1.96 | 2.2 | Buy | DDM |
01/28/19 | UOB Kay Hian | Mapletree Industrial | 2.03 | 1.94 | Hold | Buy @ $1.78 |
02/12/19 | OCBC | Mapletree Industrial | 2.03 | 2.04 | Hold | |
02/15/19 | Phillip | Mapletree Industrial | 1.99 | 2.03 | Neutral | |
02/19/19 | OCBC | Mapletree Industrial | 1.99 | 1.98 | Hold | |
02/20/19 | DBS Vickers | Mapletree Industrial | 1.99 | 2.3 | Buy | |
04/03/19 | DBS Vickers | Mapletree Industrial | 2.12 | 2.3 | Buy | |
04/04/19 | Kim Eng | Mapletree Industrial | 2.11 | 2.25 | Buy | DDM |
06/19/19 | Phillip | Mapletree Industrial | 2.17 | 2.03 | Neutral | |
06/25/19 | Kim Eng | Mapletree Industrial | 2.18 | 2.25 | Buy | |
07/11/19 | CIMB | Mapletree Industrial | 2.29 | 2.32 | Add | DDM |
07/11/19 | Kim Eng | Mapletree Industrial | 2.29 | 2.4 | Buy | DDM |
07/11/19 | DBS Vickers | Mapletree Industrial | 2.29 | 2.5 | Buy | DCF |
07/22/19 | Phillip | Mapletree Industrial | 2.31 | 2.03 | Neutral | DDM, PB1.36x FY19 |
07/24/19 | OCBC | Mapletree Industrial | 2.3 | 2.06 | Hold | |
07/24/19 | CIMB | Mapletree Industrial | 2.3 | 2.37 | Hold | |
07/25/19 | OCBC | Mapletree Industrial | 2.25 | 2.29 | Hold | |
07/25/19 | UOB Kay Hian | Mapletree Industrial | 2.25 | 1.94 | Hold | |
08/26/19 | Phillip | Mapletree Industrial | 2.28 | 2.03 | Neutral |
Mapletree Commercial - Stock calls
Date | Analyst | Code | Company | Last | Target | Call | Percent | Valuation |
01/24/19 | OCBC | N2IU | Mapletree Commercial | 1.72 | 1.79 | Hold | 4.07 | |
01/24/19 | CIMB | N2IU | Mapletree Commercial | 1.72 | 1.79 | Add | 4.07 | DDM |
01/24/19 | DBS Vickers | N2IU | Mapletree Commercial | 1.72 | 2 | Buy | 16.28 | DCF |
01/24/19 | Kim Eng | N2IU | Mapletree Commercial | 1.72 | 1.6 | Hold | -6.98 | |
02/08/19 | DBS Vickers | N2IU | Mapletree Commercial | 1.81 | 2 | Buy | 10.50 | |
02/08/19 | CIMB | N2IU | Mapletree Commercial | 1.81 | 1.9 | Add | 4.97 | |
03/20/19 | CIMB | N2IU | Mapletree Commercial | 1.83 | 1.94 | Add | 6.01 | DDM |
04/04/19 | Kim Eng | N2IU | Mapletree Commercial | 1.87 | 1.8 | Hold | -3.74 | |
04/24/19 | OCBC | N2IU | Mapletree Commercial | 1.84 | 1.85 | Hold | 0.54 | |
04/25/19 | DBS Vickers | N2IU | Mapletree Commercial | 1.89 | 2 | Buy | 5.82 | DCF |
05/28/19 | CIMB | N2IU | Mapletree Commercial | 1.93 | 2.03 | Add | 5.18 | |
06/21/19 | UOB Kay Hian | N2IU | Mapletree Commercial | 2.04 | 2.22 | Buy | 8.82 | DDM |
07/10/19 | CIMB | N2IU | Mapletree Commercial | 2.05 | 2.03 | Add | -0.98 | |
07/19/19 | DBS Vickers | N2IU | Mapletree Commercial | 2.07 | 2.25 | Buy | 8.70 | DCF |
07/26/19 | OCBC | N2IU | Mapletree Commercial | 2.1 | 1.89 | Sell | -10.00 | |
07/26/19 | UOB Kay Hian | N2IU | Mapletree Commercial | 2.1 | 2.22 | Buy | 5.71 | |
07/26/19 | Lim & Tan | N2IU | Mapletree Commercial | 2.1 | 0 | Hold | -100.00 | |
07/29/19 | Kim Eng | N2IU | Mapletree Commercial | 2.07 | 2.1 | Hold | 1.45 | DDM |
08/22/19 | CIMB | N2IU | Mapletree Commercial | 2.08 | 2.24 | Add | 7.69 | |
08/28/19 | UOB Kay Hian | N2IU | Mapletree Commercial | 2.12 | 2.22 | Buy | 4.72 |
Stock calls for 28 August 2019
Date | Analyst | Company | Last | Target | Call | Valuation |
08/28/19 | Kim Eng | Bumitama | 0.575 | 0.8 | Buy | |
08/28/19 | UOB Kay Hian | Mapletree Commercial | 2.12 | 2.22 | Buy | |
08/28/19 | DMG & Partners | UG Healthcare | 0.18 | 0.3 | Buy | PER11x FY20 |
08/28/19 | Amfrasers | Uni-Asia | 0.73 | 1.24 | Buy | PB0.6x FY20, PER8.5x FY20 |
The Hongkongers have everything to lose, not nothing to lose as proclaimed by the protestors.
https://sg.finance.yahoo.com/news/now-never-hong-kong-protesters-230324090.html
The Hongkongers don't really know what they're doing and also the repercussions they'll face in the future.
HK will become a sunset city soon because of the latest economic measures in Shenzhen.
http://sg-stock.blogspot.com/2019/08/hong-kong-is-being-marginalized-by-china.html
They claimed that the housing cost was too high in HK but it was the HK residents (landlords) that blocked the revamp of the housing policy especially the land sales.
Tung Chee Hwa (ex-chief executive of HK) tried to resolve the housing problem by releasing more lands but he was forced to step down after facing severe protests against it because the land sales would bring down the property prices and rentals. Thereafter, nobody is willing to revamp the housing policy for fear of the same backlash.
The Hongkongers don't really know what they're doing and also the repercussions they'll face in the future.
HK will become a sunset city soon because of the latest economic measures in Shenzhen.
http://sg-stock.blogspot.com/2019/08/hong-kong-is-being-marginalized-by-china.html
They claimed that the housing cost was too high in HK but it was the HK residents (landlords) that blocked the revamp of the housing policy especially the land sales.
Tung Chee Hwa (ex-chief executive of HK) tried to resolve the housing problem by releasing more lands but he was forced to step down after facing severe protests against it because the land sales would bring down the property prices and rentals. Thereafter, nobody is willing to revamp the housing policy for fear of the same backlash.
Tuesday, August 27, 2019
Hong Kong is being marginalized by China.
https://www.scmp.com/economy/china-economy/article/3024421/china-extends-pilot-free-trade-zones-strategic-border-regions
China has just announced 6 new FTZz to fight the US-China trade war and also to marginalize HK. FTZs are basically tariff-free or have negligible tariffs to encourage a free flow of trading goods and services.
HK is really a sunset city now. Nonetheless, HK is still part of China and China has promised that Hongkongers will be accorded with the same status as Shenzhen residents if they work and invest in Shenzhen. Therefore, there will be an outflow of talents in HK in the future.
http://sg-stock.blogspot.com/2019/08/omg-china-has-displaced-hong-kong-with.html
China has just announced 6 new FTZz to fight the US-China trade war and also to marginalize HK. FTZs are basically tariff-free or have negligible tariffs to encourage a free flow of trading goods and services.
HK is really a sunset city now. Nonetheless, HK is still part of China and China has promised that Hongkongers will be accorded with the same status as Shenzhen residents if they work and invest in Shenzhen. Therefore, there will be an outflow of talents in HK in the future.
http://sg-stock.blogspot.com/2019/08/omg-china-has-displaced-hong-kong-with.html
Manulife US Reit - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/02/19 | DMG & Partners | Manulife US Reit | 0.77 | 0.92 | Buy | |
01/02/19 | DBS Vickers | Manulife US Reit | 0.77 | 0.88 | Buy | DCF |
02/12/19 | Lim & Tan | Manulife US Reit | 0.855 | 0 | Hold | |
02/12/19 | DMG & Partners | Manulife US Reit | 0.855 | 0.94 | Buy | DDM |
02/12/19 | DBS Vickers | Manulife US Reit | 0.855 | 0.92 | Buy | DCF |
02/26/19 | Amfrasers | Manulife US Reit | 0.835 | 0.95 | Buy | |
03/13/19 | DMG & Partners | Manulife US Reit | 0.85 | 0.94 | Buy | |
03/25/19 | Kim Eng | Manulife US Reit | 0.865 | 1 | Buy | DDM |
04/25/19 | Lim & Tan | Manulife US Reit | 0.87 | 0 | Hold | |
04/26/19 | DMG & Partners | Manulife US Reit | 0.865 | 0.94 | Buy | DDM |
04/26/19 | DBS Vickers | Manulife US Reit | 0.865 | 0.92 | Buy | |
04/26/19 | Kim Eng | Manulife US Reit | 0.865 | 1 | Buy | DDM |
04/30/19 | Amfrasers | Manulife US Reit | 0.88 | 0.97 | Buy | DDM |
05/02/19 | DMG & Partners | Manulife US Reit | 0.87 | 0.96 | Buy | DDM |
05/29/19 | Kim Eng | Manulife US Reit | 0.86 | 1 | Buy | DDM |
06/06/19 | DMG & Partners | Manulife US Reit | 0.845 | 0.96 | Buy | |
06/17/19 | DBS Vickers | Manulife US Reit | 0.87 | 1 | Buy | DDM |
06/25/19 | Kim Eng | Manulife US Reit | 0.865 | 1 | Buy | |
07/04/19 | DMG & Partners | Manulife US Reit | 0.88 | 0.96 | Buy | |
07/12/19 | DMG & Partners | Manulife US Reit | 0.875 | 0.98 | Buy | DDM |
08/15/19 | Amfrasers | Manulife US Reit | 0.89 | 0.98 | outperform | |
08/15/19 | DMG & Partners | Manulife US Reit | 0.89 | 0.98 | Buy | DDM |
08/19/19 | Kim Eng | Manulife US Reit | 0.89 | 1 | Buy | DDM |
08/23/19 | DBS Vickers | Manulife US Reit | 0.895 | 1.1 | Buy | DCF |
M1 - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/02/19 | Kim Eng | M1 | 2.09 | 1.63 | Sell | |
01/04/19 | Phillip | M1 | 2.08 | 2.06 | Accept Offer | Offer $2.06 |
01/08/19 | OCBC | M1 | 2.06 | 2.06 | Accept Offer | Offer $2.06 |
01/14/19 | DMG & Partners | M1 | 2.07 | 2.06 | Neutral | Offer $2.06 |
01/29/19 | CIMB | M1 | 2.06 | 2.06 | Hold | Offer $2.06 |
02/12/19 | Kim Eng | M1 | 2.04 | 1.77 | Sell | |
03/07/19 | OCBC | M1 | 2.05 | 2.06 | Accept Offer | Offer $2.06 |
Lian Beng - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/16/19 | Lim & Tan | Lian Beng | 0.515 | 0 | Buy on weakness |
Stock calls for 27 August 2019
Date | Analyst | Company | Last | Target | Call | Valuation |
08/27/19 | UOB Kay Hian | ART | 1.3 | 1.54 | Buy | |
08/27/19 | UOB Kay Hian | CapitaCommercial | 2.08 | 2.04 | Hold | Buy @ $1.85 |
08/27/19 | UOB Kay Hian | CDL Hospitality | 1.58 | 2.06 | Buy | |
08/27/19 | UOB Kay Hian | Far East Hospitality | 0.65 | 0.82 | Buy | |
08/27/19 | CIMB | Jumbo | 0.37 | 0.47 | Add | |
08/27/19 | UOB Kay Hian | Keppel Reit | 1.24 | 1.21 | Hold | Buy @ $1.1 |
08/27/19 | DMG & Partners | Mindchamps | 0.525 | 0.83 | Buy | |
08/27/19 | UOB Kay Hian | Suntec Reit | 1.89 | 1.96 | Hold | Buy @ $1.79 |
Renminbi has depreciated further after China's retaliation.
Blue line: USD/CNH (offshore)
Black line: USD/CNY (onshore)
RMB has depreciated further after our post below. RMB has the potential to depreciate to 7.30 when the US-China trade tension rises further.
http://sg-stock.blogspot.com/2019/08/huge-risk-free-arbitrage-opportunity.html
Black line: USD/CNY (onshore)
RMB has depreciated further after our post below. RMB has the potential to depreciate to 7.30 when the US-China trade tension rises further.
http://sg-stock.blogspot.com/2019/08/huge-risk-free-arbitrage-opportunity.html
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