Stock calls for 1 August 2022

Date	Analyst	Company	Last	Target	Call	Valuation
08/01/22	Kim Eng	ART	1.17	1.4	Buy	DDM
08/01/22	OCBC	CapitaRetail China	1.18	1.3	Buy
08/01/22	Kim Eng	CDL Hospitality	1.32	1.4	Buy	DDM
08/01/22	DMG & Partners	CDL Hospitality	1.32	1.3	Neutral	DDM
08/01/22	Citi Research	CDL Hospitality	1.32	1.15	Sell
08/01/22	UOB Kay Hian	Dairy Farm	2.8	2.96	Hold	PER23x FY23
08/01/22	DBS Vickers	Dairy Farm	2.8	2.67	Hold
08/01/22	CIMB	Dairy Farm	2.8	2.6	Hold
08/01/22	Citi Research	Dairy Farm	2.8	2.83	Hold
08/01/22	UOB Kay Hian	Digicore Reit	0.87	0.98	Buy
08/01/22	DBS Vickers	Digicore Reit	0.87	1.15	Buy
08/01/22	Kim Eng	Far East Hospitality	0.64	0.8	Buy	DDM
08/01/22	DBS Vickers	Hongkong Land	5.19	6.14	Buy
08/01/22	UOB Kay Hian	Japfa	0.585	0.63	Hold	Sum of parts, PER9.1x FY22, Buy @ $0.56
08/01/22	SAC Capital	Jumbo	0.255	0.38	Buy
08/01/22	Phillip	Keppel Corp	6.88	8.95	Buy	PB1.2x FY22
08/01/22	Lim & Tan	Keppel Corp	6.88	8.43	Accumulate
08/01/22	UOB Kay Hian	Sheng Siong	1.6	1.91	Buy	PER21x FY23
08/01/22	phillip	Sheng Siong	1.6	1.86	Buy	PER23x
08/01/22	DMG & Partners	Sheng Siong	1.6	1.78	Buy	PER19x FY22
08/01/22	CIMB	Sheng Siong	1.6	1.85	Add
08/01/22	Citi Research	Sheng Siong	1.6	1.79	Buy
08/01/22	UOB Kay Hian	SIA	5.45	5.18	Hold	PB1.15x FY23
08/01/22	DBS Vickers	SIA	5.45	6.6	Buy	EV/Ebitda6.5x
08/01/22	DBS Vickers	Starhill	0.595	0.75	Buy
08/01/22	phillip	UOB	27.55	35.7	Buy	GGM, PB1.46x FY22
08/01/22	DBS Vickers	UOB	27.55	34.2	Buy
08/01/22	DMG & Partners	UOB	27.55	29.3	Neutral	GGM, PB1.08x FY23
08/01/22	CIMB	UOB	27.55	35.6	Add
08/01/22	Kim Eng	UOB	27.55	32.28	Buy

The truth behind Sri Lanka's debts.

 

Here are the top 5 creditors of Sri Lanka:

1. International market borrowings (47%) - Issued in USD.

2. Asian Development Bank (13%) - Headed by Japan.

3. China (10%)

4. Japan (10%)

5. World Bank (9%) - Headed by the US.

It is very obvious that the US and Japan created the debt trap in Sri Lanka.  Therefore, the US and Japan must take a heavy hairline cut to help Sri Lanka.

Baltic dry index - 1895

Related stock: Sembcorp Marine, Cosco & Pan ocean.

Is the BDI showing demand destruction (Recession)???

US rig count (weekly) - 767

 
Related stock: Sembcorp Marine & Cosco.

Raffles Medical - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/07/21	DBS Vickers	Raffles Medical	1.13	1.4	Buy	Sum of parts
06/11/21	UOB Kay Hian	Raffles Medical	1.14	1.27	Buy	DCF
07/09/21	DMG & Partners	Raffles Medical	1.17	1.35	Buy
07/13/21	CIMB	Raffles Medical	1.22	1.4	Add	Sum of parts
07/23/21	DBS Vickers	Raffles Medical	1.32	1.48	Buy	Sum of parts
07/27/21	CIMB	Raffles Medical	1.32	1.44	Hold
07/27/21	DMG & Partners	Raffles Medical	1.32	1.45	Buy	PER38x FY22
07/27/21	UOB Kay Hian	Raffles Medical	1.32	1.43	Buy	DCF
07/29/21	Kim Eng	Raffles Medical	1.34	1.58	Buy	DCF
07/29/21	phillip	Raffles Medical	1.34	1.35	Neutral	DCF
09/21/21	DMG & Partners	Raffles Medical	1.39	1.45	Buy
10/11/21	DMG & Partners	Raffles Medical	1.48	1.65	Buy	PER39x FY22
10/14/21	DBS Vickers	Raffles Medical	1.53	1.81	Buy	Sum of parts
10/14/21	Kim Eng	Raffles Medical	1.53	1.68	Buy	DCF
11/04/21	DMG & Partners	Raffles Medical	1.37	1.65	Buy	DCF
11/19/21	OCBC	Raffles Medical	1.39	1.65	Buy
12/13/21	UOB Kay Hian	Raffles Medical	1.33	1.66	Buy
02/22/22	DBS Vickers	Raffles Medical	1.3	1.63	Buy	PER40x FY22
02/22/22	Kim Eng	Raffles Medical	1.3	1.5	Buy	DCF
02/22/22	UOB Kay Hian	Raffles Medical	1.3	1.31	Hold	DCF
02/23/22	DMG & Partners	Raffles Medical	1.23	1.55	Buy	PER40x FY22
02/23/22	OCBC	Raffles Medical	1.23	1.65	Buy
02/23/22	phillip	Raffles Medical	1.23	1.27	Neutral	DCF
02/24/22	CIMB	Raffles Medical	1.21	1.33	Hold
03/03/22	Lim & Tan	Raffles Medical	1.16	1.42	Accumulate
03/30/22	UOB Kay Hian	Raffles Medical	1.17	1.34	Hold
06/20/22	DMG & Partners	Raffles Medical	1.12	1.5	Buy	DCF
07/12/22	CIMB	Raffles Medical	1.11	1.27	Add
07/25/22	DMG & Partners	Raffles Medical	1.12	1.5	Buy	DCF