Date | Analyst | Company | Last | Target | Call | Valuation |
01/15/19 | Amfrasers | Accordia Golf Trust | 0.55 | 0.61 | Hold | |
02/19/19 | Amfrasers | Accordia Golf Trust | 0.565 | 0.61 | Buy | |
04/04/19 | Amfrasers | Accordia Golf Trust | 0.59 | 0.72 | Buy | |
05/31/19 | Amfrasers | Accordia Golf Trust | 0.585 | 0.7 | Buy | |
08/16/19 | Amfrasers | Accordia Golf Trust | 0.535 | 0.67 | Outperform | DDM |
Thursday, October 3, 2019
Accordia Golf Trust - Stock calls
Ascendas Reit (A-Reit) - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/02/19 | DMG & Partners | A-Reit | 2.57 | 2.9 | Buy | |
01/04/19 | Phillip | A-Reit | 2.57 | 2.78 | Accumulate | |
01/17/19 | Kim Eng | A-Reit | 2.74 | 2.95 | Buy | DDM |
01/22/19 | UOB Kay Hian | A-Reit | 2.71 | 3.01 | Buy | |
01/31/19 | Phillip | A-Reit | 2.72 | 2.88 | Accumulate | DDM, PB1.34x FY19 |
01/31/19 | CIMB | A-Reit | 2.72 | 2.83 | Add | DDM |
01/31/19 | OCBC | A-Reit | 2.72 | 2.64 | Hold | |
01/31/19 | DBS Vickers | A-Reit | 2.72 | 2.95 | Buy | |
02/15/19 | Phillip | A-Reit | 2.75 | 2.88 | Accumulate | |
02/28/19 | Kim Eng | A-Reit | 2.81 | 2.95 | Buy | |
03/07/19 | DMG & Partners | A-Reit | 2.83 | 2.9 | Neutral | DDM |
03/07/19 | CIMB | A-Reit | 2.83 | 2.83 | Add | |
04/04/19 | Kim Eng | A-Reit | 2.93 | 3.1 | Buy | |
04/30/19 | Kim Eng | A-Reit | 3.01 | 3.2 | Buy | DDM |
04/30/19 | OCBC | A-Reit | 3.01 | 2.74 | Hold | |
04/30/19 | DMG & Partners | A-Reit | 3.01 | 2.9 | Neutral | DDM |
05/02/19 | Phillip | A-Reit | 3 | 2.88 | Neutral | DDM |
05/02/19 | CIMB | A-Reit | 3 | 2.87 | Hold | DDM |
05/02/19 | DBS Vickers | A-Reit | 3 | 3.2 | Buy | DCF |
06/19/19 | Phillip | A-Reit | 2.98 | 2.88 | Neutral | |
06/25/19 | Kim Eng | A-Reit | 3.01 | 3.2 | Buy | |
06/27/19 | DBS Vickers | A-Reit | 3.05 | 3.21 | Buy | |
07/03/19 | Kim Eng | A-Reit | 3.13 | 3.3 | Buy | DDM |
07/04/19 | DMG & Partners | A-Reit | 3.15 | 2.9 | Neutral | |
07/22/19 | Phillip | A-Reit | 3.03 | 2.88 | Neutral | |
07/30/19 | DBS Vickers | A-Reit | 3.05 | 3.4 | Buy | DCF |
07/30/19 | OCBC | A-Reit | 3.05 | 2.98 | Hold | |
07/31/19 | UOB Kay Hian | A-Reit | 3.03 | 3.01 | Hold | Buy @ $2.78 |
08/02/19 | Phillip | A-Reit | 3.04 | 3.31 | Accumulate | DDM |
09/11/19 | UOB Kay Hian | A-Reit | 3.14 | 3.25 | Hold | DDM, Buy @ $2.98 |
09/19/19 | Kim Eng | A-Reit | 3.11 | 3.3 | Buy | |
09/24/19 | Phillip | A-Reit | 3.12 | 3.31 | Accumulate |
Stock calls for 3 October 2019
Date | Analyst | Company | Last | Target | Call | Valuation |
10/03/19 | Kim Eng | AEM | 1.12 | 1.5 | Buy | Roe-g/Coe-g |
10/03/19 | CIMB | Thai Beverage | 0.88 | 1 | Add | Sum of parts |
10/03/19 | UOB Kay Hian | Thai Beverage | 0.88 | 0.87 | Hold |
Wednesday, October 2, 2019
800Super - Stock calls
Date | Analyst | Code | Company | Last | Target | Call | Percent | Valuation |
02/13/19 | Phillip | 5TG | 800Super | 0.685 | 0 | Cease Coverage | -100.00 | DCF |
06/10/19 | Novus | 5TG | 800Super | 0.89 | 0.9 | Accept offer | 1.12 | offer $0.90 |
Yongnam - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/04/19 | CIMB | Yongnam | 0.183 | 0.4 | Add | PB0.8x FY19 |
01/07/19 | CIMB | Yongnam | 0.183 | 0.41 | Add | PB0.8x FY19 |
03/01/19 | CIMB | Yongnam | 0.173 | 0.33 | Add | PB0.7x FY19 |
04/05/19 | CIMB | Yongnam | 0.186 | 0.33 | Add | PB0.7x FY19 |
05/17/19 | CIMB | Yongnam | 0.169 | 0.33 | Add | PB0.7x FY19 |
08/15/19 | CIMB | Yongnam | 0.171 | 0.28 | Add |
Yoma - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
02/12/19 | DBS Vickers | Yoma | 0.345 | 0.4 | Buy | |
04/11/19 | DMG & Partners | Yoma | 0.32 | 0.57 | Add | Sum of parts (20% discount) |
06/03/19 | DBS Vickers | Yoma | 0.33 | 0.4 | Buy | RNAV (60% discount) |
Stock calls for 2 October 2019
Date | Analyst | Company | Last | Target | Call | Valuation |
10/02/19 | Amfrasers | ARA Hospitality | 0.87 | 0.96 | Outperform | DDM |
10/02/19 | DMG & Partners | CDL Hospitality | 1.63 | 1.79 | Buy | |
10/02/19 | Kim Eng | Comfortdelgro | 2.41 | 2.76 | Buy | DCF |
10/02/19 | DMG & Partners | CSE Global | 0.46 | 0.69 | Buy | |
10/02/19 | Amfrasers | Eagle Hospitality Trust | 0.68 | 0.84 | outperform | DDM |
10/02/19 | DBS Vickers | Frasers Centrepoint Trust | 2.7 | 2.95 | Buy | |
10/02/19 | DMG & Partners | Fu Yu | 0.22 | 0.24 | Buy | |
10/02/19 | DBS Vickers | Keppel Reit | 1.26 | 1.45 | Buy | |
10/02/19 | DMG & Partners | Keppel Reit | 1.26 | 1.23 | Neutral | DDM |
10/02/19 | DMG & Partners | Manulife US Reit | 0.895 | 1 | Buy | |
10/02/19 | DMG & Partners | Oxley | 0.32 | 0.43 | Buy | |
10/02/19 | phillip | SGX | 8.5 | 8.6 | Accumulate | PER22x |
10/02/19 | OCBC | SGX | 8.5 | 7.6 | Hold | |
10/02/19 | DMG & Partners | Sheng Siong | 1.13 | 1.32 | Buy | |
10/02/19 | DMG & Partners | ST Engineering | 3.85 | 4.7 | Buy | |
10/02/19 | DMG & Partners | Suntec Reit | 1.91 | 2.08 | Buy | |
10/02/19 | DMG & Partners | UOB | 25.9 | 29.5 | Buy |
ISM PMI declined to 47.8 in September 2019.
Many economists and analysts were wrong in their ISM PMI forecasts for September. They predicted ISM PMI to rebound strongly in September and they were proven wrong. Not only the ISM PMI didn't improve, but it also deteriorated further.
How did this happen? Well, many people studied economics but didn't understand economics. Thus, they misinterpreted the economic data and reached the wrong conclusion. This is exactly the reason why I support the use of AI for economics and finance to reduce human misinterpretations and improve prediction accuracy.
https://www.investing.com/analysis/ism-manufacturing-pmi-to-rebound-in-september-200469451
As usual, let's look at the ISM PMI in detail.
The ISM PMI flow chart:
How did this happen? Well, many people studied economics but didn't understand economics. Thus, they misinterpreted the economic data and reached the wrong conclusion. This is exactly the reason why I support the use of AI for economics and finance to reduce human misinterpretations and improve prediction accuracy.
https://www.investing.com/analysis/ism-manufacturing-pmi-to-rebound-in-september-200469451
As usual, let's look at the ISM PMI in detail.
The ISM PMI flow chart:
The ISM PMI had deteriorated further from 49.1 to 47.8 and this was the 6th consecutive month of decline. The prices increased to 49.7 because of the US-China tariffs as producers imported more raw materials from overseas instead of using more local raw materials.
The production reduction caused the supplier's deliveries, employment and inventories to decrease because the producers only manufactured to fulfill existing orders (backlog of order) and local orders due to frontloading by consumers before the impending new tariffs.
Needless to say, the upcoming US GDP and employment numbers will be extremely bad.
Tuesday, October 1, 2019
This HK rioter got shot in the chest by the police because he attacked the police.
Yanlord - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
03/01/19 | OCBC | Yanlord | 1.39 | 1.75 | Buy | PER5x |
04/12/19 | OCBC | Yanlord | 1.47 | 1.75 | Buy | PER5x FY19 |
05/16/19 | OCBC | Yanlord | 1.44 | 1.68 | Buy | PER5x FY19/20 |
05/17/19 | DBS Vickers | Yanlord | 1.44 | 1.47 | Hold | PER6x FY19/20 |
07/15/19 | OCBC | Yanlord | 1.32 | 1.68 | Buy | |
08/14/19 | OCBC | Yanlord | 1.13 | 1.68 | Buy | PER5x FY19/20 |
Yangzijiang - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
02/04/19 | DBS Vickers | Yangzijiang | 1.42 | 1.82 | Buy | |
03/01/19 | CIMB | Yangzijiang | 1.43 | 1.61 | Add | Sum of parts |
03/04/19 | OCBC | Yangzijiang | 1.44 | 1.44 | Hold | |
03/04/19 | UOB Kay Hian | Yangzijiang | 1.44 | 1.39 | Hold | PB0.9x FY19, Buy @ $1.25 |
03/04/19 | DBS Vickers | Yangzijiang | 1.44 | 1.82 | buy | Sum of parts, PB1.1x |
05/02/19 | CIMB | Yangzijiang | 1.57 | 1.61 | Hold | Sum of parts |
05/02/19 | OCBC | Yangzijiang | 1.57 | 1.45 | Hold | Sum of parts |
05/02/19 | DBS Vickers | Yangzijiang | 1.57 | 1.82 | Buy | Sum of parts |
06/11/19 | OCBC | Yangzijiang | 1.4 | 1.45 | Hold | |
07/18/19 | DBS Vickers | Yangzijiang | 1.5 | 1.82 | Buy | |
08/07/19 | DBS Vickers | Yangzijiang | 1.37 | 1.82 | Buy | Sum of parts |
08/13/19 | CIMB | Yangzijiang | 1.04 | 1.61 | Hold | Sum of parts |
09/10/19 | UOB Kay Hian | Yangzijiang | 0.98 | 1.46 | Buy | PB0.84x |
Y Venture - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/28/19 | DBS Vickers | Y Venture | 0.13 | 0.11 | Cease Coverage | EV/Ebitda14x FY19 |
01/28/19 | CIMB | Y Venture | 0.13 | 0.1 | Reduce | PB1.7x FY20 |
03/08/19 | Phillip | Y Venture | 0.078 | 0.16 | Buy | PER30x |
03/25/19 | CIMB | Y Venture | 0.06 | 0.15 | Add | |
04/17/19 | Phillip | Y Venture | 0.156 | 0.16 | Cease Coverage |
Stock calls for 1 October 2019
Date | Analyst | Company | Last | Target | Call | Valuation |
10/01/19 | UOB Kay Hian | BRC Asia | 1.34 | 1.75 | Buy | |
10/01/19 | UOB Kay Hian | CDL Hospitality | 1.64 | 2.06 | Buy | |
10/01/19 | DBS Vickers | City Developments | 9.82 | 11 | Buy | |
10/01/19 | UOB Kay Hian | DBS | 25 | 31.3 | Buy | |
10/01/19 | DBS Vickers | Genting | 0.88 | 1.2 | Buy | |
10/01/19 | DBS Vickers | Jumbo | 0.375 | 0.47 | Buy | |
10/01/19 | UOB Kay Hian | Keppel Corp | 5.93 | 7.61 | Buy | |
10/01/19 | UOB Kay Hian | Koufu | 0.72 | 0.95 | Buy | |
10/01/19 | DBS Vickers | Koufu | 0.72 | 0.88 | Buy | |
10/01/19 | DBS Vickers | Sheng Siong | 1.11 | 1.32 | Buy | |
10/01/19 | DBS Vickers | ST Engineering | 3.84 | 4.64 | Buy | |
10/01/19 | DBS Vickers | Thai Beverage | 0.885 | 0.91 | Buy | |
10/01/19 | DBS Vickers | UOB | 25.66 | 29.2 | Buy | |
10/01/19 | UOB Kay Hian | Venture | 15.31 | 17.7 | Buy | |
10/01/19 | DBS Vickers | Venture | 15.31 | 18.6 | Buy |
Monday, September 30, 2019
Wing Tai - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
02/14/19 | OCBC | Wing Tai | 2.03 | 2.41 | Buy | |
04/17/19 | OCBC | Wing Tai | 2.06 | 2.41 | Buy | |
05/14/19 | OCBC | Wing Tai | 2.01 | 2.41 | Buy | |
06/27/19 | OCBC | Wing Tai | 2.05 | 2.41 | Buy | |
07/15/19 | OCBC | Wing Tai | 2.07 | 2.41 | Buy |
Wilmar - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/02/19 | DMG & Partners | Wilmar | 3.16 | 3.58 | Buy | |
01/03/19 | UOB Kay Hian | Wilmar | 3.13 | 3.9 | Buy | |
02/20/19 | OCBC | Wilmar | 3.37 | 3.42 | Hold | |
02/20/19 | UBS | Wilmar | 3.37 | 3.8 | Buy | |
02/22/19 | DMG & Partners | Wilmar | 3.39 | 3.58 | Buy | |
02/22/19 | CIMB | Wilmar | 3.39 | 3.96 | Add | Sum of parts |
02/22/19 | UOB Kay Hian | Wilmar | 3.39 | 3.9 | Buy | |
02/25/19 | DMG & Partners | Wilmar | 3.26 | 3.63 | Buy | Sum of parts |
02/25/19 | DBS Vickers | Wilmar | 3.26 | 3.6 | Buy | DCF, PER15.4x FY19 |
03/12/19 | CIMB | Wilmar | 3.2 | 3.96 | Add | Sum of parts |
03/12/19 | DBS Vickers | Wilmar | 3.2 | 3.6 | Buy | |
03/13/19 | DMG & Partners | Wilmar | 3.24 | 3.63 | Buy | |
03/20/19 | UOB Kay Hian | Wilmar | 3.3 | 3.9 | Buy | |
04/08/19 | UOB Kay Hian | Wilmar | 3.48 | 3.9 | Buy | |
04/09/19 | OCBC | Wilmar | 3.49 | 3.44 | Hold | PB0.9x |
04/09/19 | CIMB | Wilmar | 3.49 | 3.96 | Add | |
05/02/19 | UOB Kay Hian | Wilmar | 3.64 | 3.9 | Buy | |
05/13/19 | DMG & Partners | Wilmar | 3.51 | 3.8 | Buy | Sum of parts |
05/13/19 | DBS Vickers | Wilmar | 3.51 | 3.86 | Buy | DCF, PER15.6x FY19 |
05/16/19 | DMG & Partners | Wilmar | 3.5 | 3.94 | Buy | Sum of parts |
05/16/19 | OCBC | Wilmar | 3.5 | 3.66 | Hold | PB0.95x |
05/16/19 | CIMB | Wilmar | 3.5 | 3.96 | Add | Sum of parts |
06/06/19 | DMG & Partners | Wilmar | 3.3 | 3.94 | Buy | |
06/13/19 | UOB Kay Hian | Wilmar | 3.41 | 3.9 | Buy | PER12.8x FY20 |
07/03/19 | Kim Eng | Wilmar | 3.73 | 4.21 | Buy | DCF & PER17.5x FY20 |
07/09/19 | UOB Kay Hian | Wilmar | 3.79 | 3.9 | Buy | |
07/09/19 | UBS | Wilmar | 3.79 | 4.5 | Buy | |
07/15/19 | DMG & Partners | Wilmar | 3.76 | 4.5 | Buy | Sum of parts |
07/16/19 | CIMB | Wilmar | 3.83 | 5.54 | Add | Normal target price is $3.96 |
07/16/19 | DBS Vickers | Wilmar | 3.83 | 4.3 | Buy | Sum of parts, PER16.2x FY20 |
07/17/19 | OCBC | Wilmar | 3.83 | 4.26 | Buy | Sum of parts |
07/26/19 | UOB Kay Hian | Wilmar | 4.06 | 4.5 | Buy | Sum of parts |
08/14/19 | DMG & Partners | Wilmar | 4.05 | 4.5 | Buy | Sum of parts |
08/14/19 | UOB Kay Hian | Wilmar | 4.05 | 4.5 | Buy | |
08/15/19 | UOB Kay Hian | Wilmar | 3.86 | 4.4 | Buy | |
08/16/19 | OCBC | Wilmar | 3.78 | 4.26 | Buy | |
08/16/19 | DBS Vickers | Wilmar | 3.78 | 4.25 | Buy | Sum of parts, PER16.3x FY20 |
08/22/19 | CIMB | Wilmar | 3.81 | 4.58 | Add | |
08/22/19 | Kim Eng | Wilmar | 3.81 | 3.89 | Hold | |
09/04/19 | Kim Eng | Wilmar | 3.8 | 3.89 | Hold | DCF |
09/11/19 | DMG & Partners | Wilmar | 3.8 | 4.5 | Buy | Sum of parts |
09/13/19 | DBS Vickers | Wilmar | 3.86 | 4.25 | Buy | Sum of parts, PER16.3x FY20 |
09/24/19 | UOB Kay Hian | Wilmar | 3.72 | 4.4 | Buy | |
09/30/19 | DMG & Partners | Wilmar | 3.72 | 4.75 | Buy | Sum of parts |
Venture - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/02/19 | DMG & Partners | Venture | 13.85 | 19 | Buy | PER14x FY19 |
01/07/19 | UOB Kay Hian | Venture | 13.71 | 12.9 | Hold | |
01/07/19 | Lim & Tan | Venture | 13.71 | 0 | Buy | |
01/08/19 | Kim Eng | Venture | 14.44 | 17.48 | Buy | PB2x FY19, PER14.4x FY19 |
02/11/19 | UOB Kay Hian | Venture | 15.72 | 12.9 | Hold | PER11x FY19, Buy @ $12.40 |
02/12/19 | CIMB | Venture | 15.97 | 17.44 | Add | PER12.56x FY20 |
02/25/19 | CIMB | Venture | 16.12 | 17.88 | Add | PER12.56x FY20 |
02/25/19 | Kim Eng | Venture | 16.12 | 19.23 | Buy | Roe-g/Coe-g, PB2.2x FY19 |
02/25/19 | DMG & Partners | Venture | 16.12 | 19 | Buy | |
02/25/19 | DBS Vickers | Venture | 16.12 | 21.7 | Buy | PER15.8x FY19 |
02/25/19 | Lim & Tan | Venture | 16.12 | 0 | Buy | |
02/25/19 | OCBC | Venture | 16.12 | 20.89 | Buy | PER15x |
03/19/19 | DMG & Partners | Venture | 18 | 19 | Buy | |
03/29/19 | DBS Vickers | Venture | 17.8 | 21.7 | Buy | |
04/03/19 | Lim & Tan | Venture | 18.6 | 0 | Hold | |
04/26/19 | OCBC | Venture | 19.29 | 20.89 | Buy | PER15x FY19/20 |
04/26/19 | DMG & Partners | Venture | 19.29 | 19 | Neutral | |
04/26/19 | DBS Vickers | Venture | 19.29 | 21.7 | Buy | PER15.8x FY19 |
04/29/19 | CIMB | Venture | 17.52 | 17.88 | Hold | PER12.5x |
04/29/19 | Kim Eng | Venture | 17.52 | 19.74 | Hold | Roe-g/Coe-g, PB2.2x FY19 |
05/02/19 | Lim & Tan | Venture | 16.97 | 0 | Buy on weakness | |
05/03/19 | UOB Kay Hian | Venture | 17.4 | 19.01 | Hold | Buy @ $17 |
06/11/19 | Kim Eng | Venture | 15.7 | 19.74 | Buy | Roe-g/Coe-g, PB2.2x FY19 |
06/25/19 | Lim & Tan | Venture | 17.3 | 0 | Hold | |
06/26/19 | DMG & Partners | Venture | 16.46 | 16.3 | Neutral | PER13x FY19 |
06/26/19 | UOB Kay Hian | Venture | 16.46 | 17.91 | Hold | PER14x FY19, Buy at $15 |
06/26/19 | CLSA | Venture | 16.46 | 17.3 | Underperform | |
07/05/19 | Lim & Tan | Venture | 16.35 | 0 | Hold | |
07/15/19 | DBS Vickers | Venture | 14.9 | 18.6 | Buy | PER13.7x FY20 |
07/15/19 | UOB Kay Hian | Venture | 14.9 | 17.91 | Hold | |
07/16/19 | CIMB | Venture | 15 | 15.73 | Hold | PER12.5x CY20 |
07/22/19 | Kim Eng | Venture | 15.54 | 19.74 | Buy | Roe-g/Coe-g |
08/13/19 | Kim Eng | Venture | 14.76 | 18.88 | Buy | Roe-g/Coe-g, PB2.2x FY19 |
08/13/19 | DMG & Partners | Venture | 14.76 | 16.3 | Buy | PER13x FY19 |
08/13/19 | CIMB | Venture | 14.76 | 16.28 | Add | PER12,5x |
08/13/19 | UOB Kay Hian | Venture | 14.76 | 17.7 | Buy | PER14x |
08/13/19 | DBS Vickers | Venture | 14.76 | 18.6 | Buy | PER13.7x FY20 |
08/13/19 | Lim & Tan | Venture | 14.76 | 0 | Hold | |
08/14/19 | DIR | Venture | 15.28 | 17.9 | Outperform | |
08/14/19 | OCBC | Venture | 15.28 | 18.42 | Buy | PER14x |
09/09/19 | Kim Eng | Venture | 15.48 | 18.88 | Buy | Roe-g/Coe-g, PB2.2x FY19 |
09/11/19 | Macquarie | Venture | 15.33 | 17.7 | Outperform | Roe-g/Coe-g,PER14x FY19 |
09/27/19 | CIMB | Venture | 15.26 | 16.28 | Add | |
09/30/19 | Phillip | Venture | 15.27 | 17.68 | Buy | PER14x |
Stock calls for 30 September 2019
Date | Analyst | Company | Last | Target | Call | Valuation |
09/30/19 | DMG & Partners | Bumitama | 0.58 | 0.6 | Neutral | PER16x FY20 |
09/30/19 | DMG & Partners | First Resources | 1.6 | 1.9 | Buy | PER18x FY20 |
09/30/19 | DMG & Partners | Golden Agri | 0.23 | 0.25 | Neutral | Sum of parts |
09/30/19 | CIMB | Keppel Corp | 5.98 | 8.41 | Add | Sum of parts |
09/30/19 | UOB Kay Hian | Mapletree Commercial | 2.34 | 2.38 | Hold | DDM |
09/30/19 | Kim Eng | Mapletree Commercial | 2.34 | 2.1 | Hold | |
09/30/19 | CIMB | Mapletree Commercial | 2.34 | 2.38 | Hold | DDM |
09/30/19 | DBS Vickers | Mapletree North Asia | 1.33 | 1.65 | Buy | DCF |
09/30/19 | Phillip | Venture | 15.27 | 17.68 | Buy | PER14x |
09/30/19 | DMG & Partners | Wilmar | 3.72 | 4.75 | Buy | Sum of parts |
Sunday, September 29, 2019
The US aircraft carrier was expelled from South China Sea by China recently.
The recent satellite image in September 2019. The yellow circle was the US aircraft carrier.
The image showed that the US aircraft carrier was surrounded by several China warships in the South China Sea recently.
This shocked the US navy because China responded fast and furious in numbers to oust the US navy from the South China Sea.
The US navy also has to watch out for DF-17 missiles in the South China Sea too.
The image showed that the US aircraft carrier was surrounded by several China warships in the South China Sea recently.
This shocked the US navy because China responded fast and furious in numbers to oust the US navy from the South China Sea.
The US navy also has to watch out for DF-17 missiles in the South China Sea too.
Saturday, September 28, 2019
Baltic dry index - 1857
Today, Friday, September 27 2019, the Baltic Dry Index decreased by 106 points, reaching 1857 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.
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Related stock: Sembcorp Marine, Cosco & Pan ocean.
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