Keppel Pacific - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/03/21	DMG & Partners	Keppel Pacific	0.735	0.84	Buy
03/12/21	DBS Vickers	Keppel Pacific	0.69	0.85	Buy
04/22/21	DMG & Partners	Keppel Pacific	0.74	0.84	Buy
07/30/21	DMG & Partners	Keppel Pacific	0.785	0.9	Buy
08/24/21	UOB Kay Hian	Keppel Pacific	0.745	1.1	Buy	DDM
09/23/21	DMG & Partners	Keppel Pacific	0.775	0.9	Buy
10/28/21	DBS Vickers	Keppel Pacific	0.795	0.85	Buy	DCF
10/29/21	UOB Kay Hian	Keppel Pacific	0.795	1.1	Buy
11/01/21	DMG & Partners	Keppel Pacific	0.795	0.9	Buy
02/07/22	DBS Vickers	Keppel Pacific	0.735	0.85	Buy
02/07/22	DMG & Partners	Keppel Pacific	0.735	0.92	Buy

Stock calls for 6 April 2022

Date	Analyst	Company	Last	Target	Call	Valuation
04/06/22	CIMB	AEM	4.84	6.85	Add
04/06/22	Lim & Tan	Innotek	0.64	0	Accumulate
04/06/22	CIMB	ISDN	0.645	0.96	Add
04/06/22	DMG & Partners	Singtel	2.66	3.37	Buy	Sum of parts
04/06/22	UOB Kay Hian	Yangzijiang	1.58	1.95	Buy	PER9.3x FY22

Did we spook the US? Here's our explanation!

What did we do to spook the US?  It is our bad that we let the cat out of the bag.

Well, the US FED governor and former Treasury Secretary (Summer) start to sing the same tune as us after our posting.

http://sg-stock.blogspot.com/2022/04/another-constellation-is-aligning-and.html

We had stated that there would be a financial crisis in the 2nd half of 2022 and the US FED would start to reduce its assets in the 2nd of 2022.

https://europetimesnews.com/u-s-economy-will-slide-into-recession-this-summer-as-inflation-eats-away-at-consumer-spending-warns-former-fed-official/

The former US treasury secretary had stated that the US would slide into a recession in Q3 2022 because of skyrocketing inflation.  Well, he's right about one thing: The US needs the FED rates to be higher than the inflation rate to contain the sky-high inflation.

https://finance.yahoo.com/news/feds-brainard-sees-methodical-rate-140947155.html

Furthermore, Fed's Brainard is expecting a RAPID reduction in FED assets in the 2nd half of 2022.  The pace of asset reduction will determine the severity of the financial crisis.  In our worst-case scenario, a 50% reduction in FED assets will trigger a very severe financial crisis in 2022.  Therefore, the keyword here is RAPID which is fast and furious.

Keppel Infrastructure - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/28/21	DBS Vickers	Keppel Infrastructure	0.545	0.61	Buy	DDM
01/27/22	DBS Vickers	Keppel Infrastructure	0.55	0.61	Buy	DDM
03/24/22	Lim & Tan	Keppel Infrastructure	0.555	0.61	Buy
03/30/22	DBS Vickers	Keppel Infrastructure	0.56	0.6	Buy

Keppel DC Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/18/21	Phillip	Keppel DC Reit	2.85	2.91	Neutral
01/18/21	Credit Suisse	Keppel DC Reit	2.85	3.08	Outperform
01/27/21	DBS Vickers	Keppel DC Reit	2.89	2.8	Hold	DCF
01/28/21	CIMB	Keppel DC Reit	2.91	2.86	Hold	DDM
01/28/21	OCBC	Keppel DC Reit	2.91	3.51	Buy
02/01/21	Phillip	Keppel DC Reit	2.98	3.2	Accumulate	DDM
02/23/21	DBS Vickers	Keppel DC Reit	2.83	2.8	Hold
04/21/21	CIMB	Keppel DC Reit	2.69	2.86	Hold	DDM
04/21/21	Citi Research	Keppel DC Reit	2.69	3	Hold
04/22/21	Phillip	Keppel DC Reit	2.69	3.2	Accumulate	DDM
04/22/21	OCBC	Keppel DC Reit	2.69	3.32	Buy
05/20/21	CIMB	Keppel DC Reit	2.68	2.86	Hold
07/27/21	DBS Vickers	Keppel DC Reit	2.56	3	Buy	DCF
07/27/21	CIMB	Keppel DC Reit	2.56	2.84	Add	DDM
07/28/21	Phillip	Keppel DC Reit	2.59	3.2	Buy	DDM
08/25/21	Phillip	Keppel DC Reit	2.54	3.2	Buy
08/30/21	DBS Vickers	Keppel DC Reit	2.51	3	Buy
08/30/21	Citi Research	Keppel DC Reit	2.51	2.75	Neutral
10/26/21	Lim & Tan	Keppel DC Reit	2.4	2.88	Accumulate
10/26/21	DBS Vickers	Keppel DC Reit	2.4	3	Buy
10/26/21	CIMB	Keppel DC Reit	2.4	2.78	Add
10/26/21	Citi Research	Keppel DC Reit	2.4	2.75	Neutral
10/27/21	Phillip	Keppel DC Reit	2.38	3.03	Buy	DDM
01/25/22	DBS Vickers	Keppel DC Reit	2.25	2.8	Buy	DCF
01/25/22	CIMB	Keppel DC Reit	2.25	2.7	Add
01/25/22	Lim & Tan	Keppel DC Reit	2.25	2.66	Hold
01/28/22	Phillip	Keppel DC Reit	2.17	2.81	Buy	DDM