Date | Analyst | Company | Last | Target | Call | Valuation |
08/21/20 | Phillip | JEP | 0.19 | 0.158 | Reduce | PB1x |
10/27/20 | UOB Kay Hian | JEP | 0.175 | 0.2 | Buy |
Wednesday, April 14, 2021
JEP - Stock calls
Jardine Matheson - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
08/03/20 | CIMB | Jardine Matheson | 40.92 | 48.61 | Add | PB0.78x FY20 |
12/02/20 | CIMB | Jardine Matheson | 54.52 | 54.68 | Hold | PB0.85x |
03/09/21 | CIMB | Jardine Matheson | 62 | 54.68 | Hold | PB0.85x |
Stock calls for 14 April 2021
Date | Analyst | Company | Last | Target | Call | Valuation |
04/14/21 | DMG & Partners | Frencken | 1.59 | 1.77 | Buy | PER14x |
04/14/21 | Macquarie | SGX | 10.16 | 11.5 | Outperform | DDM |
04/14/21 | CIMB | Sheng Siong | 1.53 | 1.88 | Add | |
04/14/21 | UOB Kay Hian | SIA | 5.53 | 4.4 | Sell | PB1x FY22/23 |
US M1 money supply is scary!
US M1 Money Supply Chart.
Therefore, it is imperative for the US to raise its corporate taxes since it has to support its additional stimulus packages and also to finance its deficit.
Let's look at the US deficit now.
The corporate tax income (US$15B) in march was not even enough to pay for the March US debt interest (Net interest US$31B).
The US has a deficit of US$1.7T for this year and it has no choice but to raise its corporate taxes to finance its deficit. However, raising the corporate taxes won't be enough and the US has to find other means to fund its expenditures.
Tuesday, April 13, 2021
China's monetary tightening will impact the USD. Why? - Part 3
US inflation surges 2.6% yoy, the biggest gain since 2009.
Important message from St. Louis Fed Bullard.
Japfa - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
05/18/20 | UOB Kay Hian | Japfa | 0.635 | 0.98 | Buy | Sum of parts |
05/18/20 | DBS Vickers | Japfa | 0.635 | 0.86 | Buy | Sum of parts, PER10x FY21 |
06/30/20 | DBS Vickers | Japfa | 0.67 | 0.82 | Buy | Sum of parts, PER10.5x FY21 |
08/03/20 | UOB Kay Hian | Japfa | 0.66 | 0.98 | Buy | Sum of parts |
08/03/20 | DBS Vickers | Japfa | 0.66 | 0.82 | Buy | Sum of parts |
08/03/20 | CIMB | Japfa | 0.66 | 0.96 | Add | |
10/13/20 | CIMB | Japfa | 0.65 | 0.96 | Add | |
11/02/20 | UOB Kay Hian | Japfa | 0.645 | 0.98 | Buy | Sum of parts |
11/02/20 | DBS Vickers | Japfa | 0.645 | 1.03 | Buy | sum of parts, PER11.3x FY21 |
12/08/20 | UOB Kay Hian | Japfa | 0.805 | 1 | Buy | Sum of parts |
12/08/20 | DBS Vickers | Japfa | 0.805 | 1.03 | Buy | sum of parts, PER11.3x FY21 |
12/10/20 | CIMB | Japfa | 0.825 | 1 | Add | |
03/02/21 | CIMB | Japfa | 0.935 | 1.18 | Add | |
03/03/21 | UOB Kay Hian | Japfa | 0.94 | 1.17 | Buy | Sum of parts, PER8.2x FY20 |
04/08/21 | CIMB | Japfa | 0.9 | 1.18 | Add |
Japan Foods - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
05/06/20 | DMG & Partners | Japan Foods | 0.35 | 0.35 | Neutral | Sum of parts |
06/16/20 | DMG & Partners | Japan Foods | 0.33 | 0.35 | Neutral | |
07/22/20 | DMG & Partners | Japan Foods | 0.325 | 0.33 | Neutral | Sum of parts |
08/28/20 | DMG & Partners | Japan Foods | 0.33 | 0.33 | Neutral |
Ix Biopharma - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
10/02/20 | Phillip | Ix Biopharma | 0.235 | 0.455 | Buy | DCF |
02/19/21 | Phillip | Ix Biopharma | 0.255 | 0.445 | Buy | DCF |
04/08/21 | Phillip | Ix Biopharma | 0.255 | 0.445 | Buy | DCF |