Yangzijiang Shipping - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/26/23	DBS Vickers	Yangzijiang Shipping	1.26	1.7	Buy	PB1.7x FY23
06/26/23	Lim & Tan	Yangzijiang Shipping	1.26	1.63	Buy
06/27/23	CIMB	Yangzijiang Shipping	1.35	1.66	Add	PB1.7x FY23
06/28/23	UOB Kay Hian	Yangzijiang Shipping	1.45	1.65	Buy	PER8.7x FY23/24
07/20/23	UOB Kay Hian	Yangzijiang Shipping	1.49	1.65	Buy
08/07/23	UOB Kay Hian	Yangzijiang Shipping	1.58	1.88	Buy	PER9.9x
08/07/23	CIMB	Yangzijiang Shipping	1.58	1.87	Add
08/07/23	Citi Research	Yangzijiang Shipping	1.58	1.84	Buy	PER10x FY24
08/08/23	DBS Vickers	Yangzijiang Shipping	1.66	1.9	Buy	PB1.7x FY23
09/21/23	CIMB	Yangzijiang Shipping	1.67	1.96	Add
09/26/23	UOB Kay Hian	Yangzijiang Shipping	1.71	1.88	Buy
11/03/23	DBS Vickers	Yangzijiang Shipping	1.49	1.9	Buy
11/06/23	UOB Kay Hian	Yangzijiang Shipping	1.52	1.92	Buy	PER10.1x
12/08/23	UOB Kay Hian	Yangzijiang Shipping	1.47	1.92	Buy	PER9.9x
12/12/23	CIMB	Yangzijiang Shipping	1.47	1.96	Add
01/18/24	DBS Vickers	Yangzijiang Shipping	1.58	1.9	Buy	PB1.7x FY24
01/18/24	Lim & Tan	Yangzijiang Shipping	1.58	1.88	Accumulate
01/19/24	CIMB	Yangzijiang Shipping	1.6	1.96	Add	PB
01/30/24	UOB Kay Hian	Yangzijiang Shipping	1.68	1.92	Buy	PER10.1x
03/01/24	UOB Kay Hian	Yangzijiang Shipping	1.75	2.19	Buy	PER9.4x
03/12/24	DBS Vickers	Yangzijiang Shipping	1.87	2.1	Buy	PB1.8x FY24
04/03/24	UOB Kay Hian	Yangzijiang Shipping	1.9	2.19	Buy	PER9.4x
04/03/24	Amfrasers	Yangzijiang Shipping	1.9	2	Buy
04/19/24	DBS Vickers	Yangzijiang Shipping	1.77	2.1	Buy
05/03/24	UOB Kay Hian	Yangzijiang Shipping	1.72	2.19	Buy	PER9.4x
05/28/24	DBS Vickers	Yangzijiang Shipping	1.93	2.1	Buy	PB1.8x FY24
05/28/24	CIMB	Yangzijiang Shipping	1.93	1.96	Add
05/29/24	CIMB	Yangzijiang Shipping	1.99	2.35	Add
06/10/24	UOB Kay Hian	Yangzijiang Shipping	2.41	2.86	Buy

Stock calls for 28 June 2024

Date	Analyst	Company	Last	Target	Call	Valuation
06/28/24	DMG & Partners	HRnetGroup	0.685	0.84	Buy	PER14x FY24/25
06/28/24	Lim & Tan	Mapletree Commercial	1.22	1.55	Accumulate
06/28/24	UOB Kay Hian	Valuetronics	0.635	0.78	Buy

Cryptos such as Bitcoin (BTC) are coming to an end! Why? - Part 4

Many people still don't understand why most governments won't keep cryptos as their reserves.  Let's recap below.

https://sg-stock.blogspot.com/2024/06/cryptos-such-as-bitcoin-btc-are-coming.html

Germany also wants to reduce its dependency on USD (dedollarization) and won't keep cryptos in its reserves.  Furthermore, cryptos can't be used in any worldwide CBDC payment system.  Thus, most governments won't keep something in their reserves that they can't use in cross border transactions.

The recent US and Germany's selloffs showed that our analysis was correct.  Cheers!