Stock calls for 14 December 2023

Date	Analyst	Company	Last	Target	Call	Valuation
12/14/23	UOB Kay Hian	China Sunsine	0.395	0.46	Buy	PER6x FY24
12/14/23	Lim & Tan	Del Monte	0.152	0.2	Accumulate
12/14/23	Phillip	LHN	0.325	0.39	Buy	PER6.5x FY24
12/14/23	Lim & Tan	Mapletree Logistics	1.63	1.77	Hold
12/14/23	DMG & Partners	SGX	9.57	10.3	Neutral
12/14/23	Kim Eng	Singtel	2.38	3.1	Buy	Sum of parts
12/14/23	DBS Vickers	Starhub	1.08	1.25	Buy

US Fed held its rates as expected.

The December dots plot showed 3 cuts in 2024.

US CPI increased marginally in November 2023.

US CPI (MOM): 0.1%

US CPI (YOY): 3.1%

CPI growth sector:

Just as we've projected, the US CPI won't decline significantly and would remain relatively stable till 2023.

https://sg-stock.blogspot.com/2023/08/us-inflation-is-going-to-remain.html

Golden Agri - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/01/23	OCBC	Golden Agri	0.265	0.31	Buy
03/01/23	DMG & Partners	Golden Agri	0.265	0.34	Buy	Sum of parts
05/15/23	DMG & Partners	Golden Agri	0.27	0.31	Buy	Sum of parts
07/11/23	DMG & Partners	Golden Agri	0.24	0.31	Buy
07/24/23	DMG & Partners	Golden Agri	0.24	0.29	Buy	Sum of parts
08/18/23	DMG & Partners	Golden Agri	0.255	0.28	Buy
11/20/23	DMG & Partners	Golden Agri	0.265	0.3	Buy

GKE - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/18/23	CIMB	GKE	0.087	0.094	Hold
06/15/23	CIMB	GKE	0.072	0.07	Hold	Sum of parts, Cut from $0.09
07/31/23	CIMB	GKE	0.072	0.076	Hold	Sum of parts

GHY - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/20/23	DBS Vickers	GHY	0.405	0.43	Hold
03/16/23	DBS Vickers	GHY	0.42	0.45	Hold	Sum of parts

Stock calls for 13 December 2023

Date	Analyst	Company	Last	Target	Call	Valuation
12/13/23	UOB Kay Hian	AEM	3.37	3.63	Buy
12/13/23	UOB Kay Hian	LHN	0.325	0.4	Buy	PER9x FY24
12/13/23	DBS Vickers	Mapletree Logistics	1.62	1.88	Buy
12/13/23	Lim & Tan	Sembcorp Industries	5.07	6.64	Accumulate
12/13/23	DBS Vickers	ST Engineering	3.78	4.5	Buy
12/13/23	Lim & Tan	ST Engineering	3.78	0	Accumulate

What will the FED do for its December FOMC?

According to the latest Fedwatch tool, the US FED will remain status quo for the December FOMC.