Stock calls for 18 March 2024

Date	Analyst	Company	Last	Target	Call	Valuation
03/18/24	Amfrasers	Centurion	0.425	0.62	Outperform	DCF
03/18/24	Lim & Tan	Dyna-Mac	0.355	0.45	Accumulate
03/18/24	phillip	Far East Hospitality	0.61	0.79	Buy
03/18/24	CIMB	Frasers Logistics	1.02	1.27	Add	DDM
03/18/24	Phillip	Lendlease Reit	0.58	0.83	Buy
03/18/24	DBS Vickers	Prime US Reit	0.123	0.07	Fully Valued
03/18/24	phillip	Q&M	0.245	0.36	Buy	PER20x FY24
03/18/24	Lim & Tan	SATS	2.55	3.16	Accumulate
03/18/24	UOB Kay Hian	Seatrium	0.09	0.151	Buy	PB1.5x
03/18/24	DBS Vickers	Seatrium	0.09	0.15	Buy	PB1.5x FY24
03/18/24	DMG & Partners	SGX	9.43	10	Neutral
03/18/24	Phillip	Suntec Reit	1.06	1.47	Buy

Baltic dry index - 2370

Related stock: Seatrium, Cosco & Pan Ocean.

US rig count (weekly) - 629

Related stock: Seatrium & Cosco.

Cryptos such as Bitcoin (BTC) are coming to an end! Why?

The US is trying to phase out cryptos such as bitcoin gradually by using its new carbon emission policies and crypto mining tax.

The US has just implemented Scope 2 carbon emission policy and will implement Scope 3 in the future.

It doesn't matter whether cryptos are based either on proof of stake or proof of work because such designed structures are profligate uses of energy.  Thus, the new carbon emission policy will exterminate cryptos.

The Scope 3 carbon emission policy will decimate bitcoin futures and ETFs when it is adopted.

 Furthermore, Biden is proposing a 30% electricity tax on crypto mining.

It is without doubt that CBDCs will replace cryptos in the future because around 134 countries are developing CBDCs now.

Megachem - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/28/23	SAC Capital	Megachem	0.495	0.55	Buy

Marco Polo - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/30/23	DMG & Partners	Marco Polo	0.043	0.06	Buy	DCF
05/31/23	DMG & Partners	Marco Polo	0.051	0.06	Buy	DCF
06/12/23	UOB Kay Hian	Marco Polo	0.053	0.06	Buy	PB1.3x FY23
08/22/23	Lim & Tan	Marco Polo	0.051	0.06	Buy
09/25/23	UOB Kay Hian	Marco Polo	0.05	0.06	Buy	PB1.3x FY24
11/01/23	UOB Kay Hian	Marco Polo	0.051	0.06	Buy	PB1.3x FY24
11/22/23	Lim & Tan	Marco Polo	0.051	0.06	Buy
12/06/23	DMG & Partners	Marco Polo	0.05	0.067	Buy	DCF
12/07/23	UOB Kay Hian	Marco Polo	0.051	0.066	Buy	PB1.3x FY24
01/15/24	Lim & Tan	Marco Polo	0.05	0.068	Accumulate
01/30/24	UOB Kay Hian	Marco Polo	0.05	0.066	Buy
02/16/24	UOB Kay Hian	Marco Polo	0.055	0.07	Buy	PER9x FY24
02/20/24	DMG & Partners	Marco Polo	0.055	0.073	Buy	DCF
03/04/24	UOB Kay Hian	Marco Polo	0.055	0.07	Buy	PER9x FY24