Stock calls for 19 February 2020

Date	Analyst	Company	Last	Target	Call	Valuation
02/19/20	OCBC	ART	1.26	1.4	Buy
02/19/20	UOB Kay Hian	Bumitama	0.68	0.85	Buy
02/19/20	DBS Vickers	Bumitama	0.68	0.81	Buy	DCF
02/19/20	Kim Eng	Bumitama	0.68	0.78	Buy
02/19/20	OCBC	CDL Hospitality	1.5	1.62	Buy
02/19/20	phillip	Comfortdelgro	2.09	2.2	Accumulate	DCF
02/19/20	OCBC	Far East Hospitality	0.67	0.65	Hold
02/19/20	Macquarie	OCBC	10.97	12.4	Outperform
02/19/20	Macquarie	SGX	9.15	10	Outperform
02/19/20	CIMB	Sheng Siong	1.29	1.46	Add	PER24x
02/19/20	Macquarie	Singtel	3.17	3.77	outperform
02/19/20	Macquarie	ST Engineering	4.3	5	outperform
02/19/20	DMG & Partners	Talkmed	0.515	0.62	Buy	DCF
02/19/20	Macquarie	UOL	8.12	10.1	Outperform

Thailand will screen Singaporeans now.

https://www.bangkokpost.com/thailand/general/1859884/japanese-and-spore-arrivals-screened

Singaporeans visiting Thailand will be subjected to Thai screening now because SG is the top 3 infected country.  Japan tries to manipulate its cases by separating the cruise cases from its homeland cases.  However, Japan will overtake SG soon because Japan is having a virus outbreak now as it doesn't have a CDC.

Red alert: A major covid-19 virus outbreak may happen in Japan. - Part 2

Japan's infected cases have leaped to more than 600+ (Japan + Diamond Princess cruise).

We can say with certainty that Japan's covid-19 outbreak has happened because of the significant jump in the cases.  It was only 300++ when we first projected an outbreak in Japan.

http://sg-stock.blogspot.com/2020/02/red-alert-major-covid-19-virus-outbreak.html

Furthermore, Japan doesn't have a CDC (Contagious Disease Centre) to take charge of a virus outbreak.

Anti-China companies are suffering now in HK! Hahaha!

https://sg.finance.yahoo.com/news/hsbc-2019-profit-falls-33-041608066.html

HSBC has to retrench 35,000 staff and shed $100b to save itself now.  HSBC has reaped what it sowed.

http://sg-stock.blogspot.com/2019/08/is-hsbc-on-chinas-unreliable-entity-list.html

Cathy Pacific has to ask its 27,000 staff to take unpaid leaves and expect a significant drop in its P&L.

https://www.scmp.com/news/hong-kong/transport/article/3051029/hong-kongs-flagship-airline-cathay-pacific-warns

Without jobs and salary reductions, these people's spending power will be greatly reduced and the HK economy will suffer.

Keppel Corp - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/04/19	OCBC	Keppel Corp	5.81	7.25	Buy	Sum of parts
01/10/19	DIR	Keppel Corp	6.18	7.15	Buy	Cut from $7.86, Sum of parts
01/23/19	CIMB	Keppel Corp	6.17	8.28	Add
01/25/19	OCBC	Keppel Corp	6.13	7.55	Buy
01/25/19	CIMB	Keppel Corp	6.13	8.41	Add	Sum of parts
01/28/19	Lim & Tan	Keppel Corp	6.2	0	Hold
01/29/19	Amfrasers	Keppel Corp	6.14	7.5	Hold
01/29/19	Macquarie	Keppel Corp	6.14	8.2	Outperform	Sum of parts
02/21/19	CIMB	Keppel Corp	6.32	8.41	Add	Sum of parts
03/12/19	Lim & Tan	Keppel Corp	6.1	0	Hold
03/26/19	CIMB	Keppel Corp	6.17	8.41	Add
04/15/19	CIMB	Keppel Corp	6.62	8.41	Add	Sum of parts
04/22/19	OCBC	Keppel Corp	6.74	7.83	Buy
04/22/19	Lim & Tan	Keppel Corp	6.74	0	Hold
05/08/19	CIMB	Keppel Corp	6.72	8.41	Add	Sum of parts
06/10/19	DMG & Partners	Keppel Corp	6.05	7.33	Buy	Sum of parts, Cut from $7.92
06/21/19	DBS Vickers	Keppel Corp	6.57	9	Buy
06/28/19	CIMB	Keppel Corp	6.67	8.41	Add	Sum of parts
07/03/19	DBS Vickers	Keppel Corp	6.77	9.2	Buy
07/03/19	OCBC	Keppel Corp	6.77	7.83	Buy
07/19/19	DMG & Partners	Keppel Corp	6.59	7.3	Buy	Sum of parts
07/19/19	CIMB	Keppel Corp	6.59	8.41	Add	Sum of parts
07/19/19	UOB Kay Hian	Keppel Corp	6.59	7.61	Buy	Sum of parts
07/19/19	Lim & Tan	Keppel Corp	6.59	0	Hold
07/22/19	Amfrasers	Keppel Corp	6.57	7.43	Neutral	Sum of parts
07/22/19	DBS Vickers	Keppel Corp	6.57	8.5	Buy	Sum of parts
08/22/19	Lim & Tan	Keppel Corp	5.9	0	Buy
08/26/19	UOB Kay Hian	Keppel Corp	5.88	7.61	Buy	Sum of parts
09/24/19	Lim & Tan	Keppel Corp	6.04	0	Buy
09/30/19	CIMB	Keppel Corp	5.98	8.41	Add	Sum of parts
10/01/19	UOB Kay Hian	Keppel Corp	5.93	7.61	Buy	Sum of parts
10/08/19	CIMB	Keppel Corp	5.91	8.41	Add
10/08/19	DMG & Partners	Keppel Corp	5.91	7.3	Buy
10/09/19	OCBC	Keppel Corp	5.93	7.58	Buy
10/09/19	DBS Vickers	Keppel Corp	5.93	8.5	Buy
10/17/19	Macquarie	Keppel Corp	5.98	7.5	Outperform	Sum of parts
10/18/19	CIMB	Keppel Corp	5.96	8.36	Add	Sum of parts
10/18/19	DMG & Partners	Keppel Corp	5.96	7.18	Buy	Sum of parts (20% disc)
10/18/19	Lim & Tan	Keppel Corp	5.96	0	Hold
10/18/19	DBS Vickers	Keppel Corp	5.96	7.5	Buy	Sum of parts, PB1.2x FY19
10/21/19	Amfrasers	Keppel Corp	5.84	7.44	Overweight	Sum of parts
10/21/19	OCBC	Keppel Corp	5.84	7.58	Buy
10/22/19	DMG & Partners	Keppel Corp	5.84	7.8	Buy	Sum of parts (13% disc)
11/12/19	UOB Kay Hian	Keppel Corp	6.86	7.61	Buy
12/17/19	Lim & Tan	Keppel Corp	6.72	0	Buy
12/19/19	DMG & Partners	Keppel Corp	6.75	7.8	Buy
01/08/20	DMG & Partners	Keppel Corp	6.84	7.8	Buy	Sum of parts
01/20/20	UOB Kay Hian	Keppel Corp	6.84	7.61	Buy
01/24/20	UOB Kay Hian	Keppel Corp	6.74	7.75	Buy	Sum of parts
01/28/20	DBS Vickers	Keppel Corp	6.75	7.5	Buy	Sum of parts