Date | Analyst | Company | Last | Target | Call | Valuation |
05/02/23 | Lim & Tan | Mapletree Logistics | 1.74 | 1.8 | Neutral | |
05/03/23 | DBS Vickers | Mapletree Logistics | 1.75 | 1.88 | Buy | DCF |
05/03/23 | CIMB | Mapletree Logistics | 1.75 | 1.88 | Add | DDM |
05/04/23 | Kim Eng | Mapletree Logistics | 1.73 | 1.8 | Buy | DDM |
06/01/23 | UOB Kay Hian | Mapletree Logistics | 1.67 | 1.99 | Buy | DDM |
07/03/23 | UOB Kay Hian | Mapletree Logistics | 1.62 | 1.99 | Buy | DDM |
07/26/23 | DBS Vickers | Mapletree Logistics | 1.71 | 1.88 | Buy | |
07/26/23 | CIMB | Mapletree Logistics | 1.71 | 1.88 | Add | DDM |
07/26/23 | Lim & Tan | Mapletree Logistics | 1.71 | 1.8 | Neutral | |
07/26/23 | Kim Eng | Mapletree Logistics | 1.71 | 1.8 | Buy | |
07/26/23 | OCBC | Mapletree Logistics | 1.71 | 1.85 | Buy | |
08/23/23 | UOB Kay Hian | Mapletree Logistics | 1.63 | 1.86 | Buy | |
08/23/23 | Citi Research | Mapletree Logistics | 1.63 | 1.85 | Buy | DDM & RNAV |
08/23/23 | UBS | Mapletree Logistics | 1.63 | 1.89 | Buy | |
09/04/23 | DBS Vickers | Mapletree Logistics | 1.68 | 1.88 | Buy | DCF |
10/05/23 | UOB Kay Hian | Mapletree Logistics | 1.6 | 1.75 | Buy | |
10/25/23 | DBS Vickers | Mapletree Logistics | 1.49 | 1.88 | Buy | DCF |
10/25/23 | OCBC | Mapletree Logistics | 1.49 | 1.72 | Buy | |
10/26/23 | Kim Eng | Mapletree Logistics | 1.47 | 1.6 | Buy | DDM |
10/30/23 | UOB Kay Hian | Mapletree Logistics | 1.47 | 1.72 | Buy | DDM |
11/14/23 | DBS Vickers | Mapletree Logistics | 1.54 | 1.88 | Buy | DCF |
12/01/23 | UOB Kay Hian | Mapletree Logistics | 1.61 | 1.72 | Buy | |
12/13/23 | DBS Vickers | Mapletree Logistics | 1.62 | 1.88 | Buy | |
12/14/23 | Lim & Tan | Mapletree Logistics | 1.63 | 1.77 | Hold | |
01/02/24 | UOB Kay Hian | Mapletree Logistics | 1.74 | 1.72 | Buy | |
01/03/24 | UOB Kay Hian | Mapletree Logistics | 1.71 | 1.94 | Buy | |
01/03/24 | UBS | Mapletree Logistics | 1.71 | 1.78 | Neutral | |
01/25/24 | DBS Vickers | Mapletree Logistics | 1.63 | 1.88 | Buy | |
01/25/24 | CIMB | Mapletree Logistics | 1.63 | 1.88 | Add | DDM |
01/25/24 | Lim & Tan | Mapletree Logistics | 1.63 | 1.78 | Hold | |
01/29/24 | UOB Kay Hian | Mapletree Logistics | 1.56 | 1.98 | Buy | |
01/29/24 | Kim Eng | Mapletree Logistics | 1.56 | 1.7 | Hold | DDM |
01/29/24 | Citi Research | Mapletree Logistics | 1.56 | 1.85 | Buy | DDM & RNAV |
03/01/24 | DBS Vickers | Mapletree Logistics | 1.48 | 1.88 | Buy | |
03/13/24 | UOB Kay Hian | Mapletree Logistics | 1.46 | 1.98 | Buy | DDM |
03/15/24 | UOB Kay Hian | Mapletree Logistics | 1.47 | 1.87 | Buy | DDM |
04/30/24 | DBS Vickers | Mapletree Logistics | 1.34 | 1.75 | Buy | DCF |
04/30/24 | Lim & Tan | Mapletree Logistics | 1.34 | 1.66 | Accumulate | |
05/02/24 | UOB Kay Hian | Mapletree Logistics | 1.35 | 1.89 | Buy | DDM |
05/06/24 | DBS Vickers | Mapletree Logistics | 1.35 | 1.75 | Buy | DCF |
05/06/24 | UBS | Mapletree Logistics | 1.35 | 1.56 | Buy |
Friday, May 31, 2024
Mapletree Logistics - Stock calls
Stock calls for 31 May 2024
Date | Analyst | Company | Last | Target | Call | Valuation |
05/31/24 | Lim & Tan | KSH | 0.24 | 0 | Accumulate on weakness | |
05/31/24 | DBS Vickers | Mapletree Commercial | 1.22 | 1.75 | Buy | DCF |
05/31/24 | Lim & Tan | Mapletree Commercial | 1.22 | 1.54 | Avoid | |
05/31/24 | DBS Vickers | Mapletree Industrial | 2.19 | 2.6 | Buy | |
05/31/24 | Amfrasers | OUE Commercial | 0.27 | 0.31 | outperform | DDM |
05/31/24 | HSBC | Singtel | 2.46 | 3 | Buy |
Thursday, May 30, 2024
US economy is hit with a double whammy (low GDP growth and high inflation)! - Part 2
US Q1 2024 GDP: 1.3% (revised down from 1.6%)
Let's break the GDP down to see what had happened.Q1 GDP (current estimate) = 0.23 + 0.57 + 1.34 + (-0.89) = 1.25 (1.3)
We could see from the GDP sub-components that consumption and net export had larger declines that wiped out the smaller increases in government spending and investment which resulted in the overall decline in the GDP estimate.
Moreover, the US inflation (Core PCE Q1 2024) had a significant increase (+3.6%) from the previous quarter (Q4 2023) and this is a far cry from its targeted 2%. If this inflation is sustained for 2024, the US Fed won't reduce its fed rate in 2024 despite having a weak GDP growth. This phenomenon (weak GDP and high inflation) is known as stagflation and is very difficult to resolve.