UOB Bank - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/21/24	CIMB	UOB	30.51	33.3	Add
06/27/24	DMG & Partners	UOB	31.03	30.1	Neutral	GGM, PB0.99x FY25
07/01/24	CIMB	UOB	31.33	33.3	Add
07/04/24	Lim & Tan	UOB	32.27	33.6	Hold
07/05/24	DBS Vickers	UOB	32.57	34.5	Buy
07/15/24	phillip	UOB	33.05	34.9	Buy
07/23/24	DMG & Partners	UOB	32.55	32	Neutral	GGM, PB1x FY25
08/01/24	UOB Kay Hian	UOB	32.35	34	Hold
08/02/24	DBS Vickers	UOB	32.04	34.5	Buy
08/02/24	CIMB	UOB	32.04	36.4	Add	GGM
08/05/24	phillip	UOB	31.83	34.9	Accumulate	GGM, PB1.41x FY24
08/05/24	Citi Research	UOB	31.83	27.5	Sell
08/16/24	CIMB	UOB	30.43	36.5	Add
08/19/24	phillip	UOB	30.43	34.9	Buy
08/19/24	CIMB	UOB	30.43	34.5	Add
08/22/24	DMG & Partners	UOB	30.68	32	Neutral	GGM, PB1.04x
09/03/24	CIMB	UOB	31.35	34.5	Add
09/20/24	phillip	UOB	32.83	34.9	Accumulate
09/23/24	DMG & Partners	UOB	32.94	32	Neutral	GGM, PB1x FY25
09/25/24	OCBC	UOB	32.99	33.5	Hold
09/25/24	MorningStar	UOB	32.99	38	4-Star
09/25/24	Jefferies	UOB	32.99	31	Hold
10/07/24	DBS Vickers	UOB	31.86	34.5	Buy
10/14/24	Kim Eng	UOB	31.92	35.62	Buy	DDM
10/14/24	Citi Research	UOB	31.92	29	Sell
10/24/24	HSBC	UOB	32.3	35.5	Hold	Up from $33
11/01/24	DBS Vickers	UOB	32.16	34.5	Buy
11/08/24	Lim & Tan	UOB	33.3	34.4	Hold
11/11/24	phillip	UOB	35.69	37	Accumulate	GGM, PB1.49x FY24
11/11/24	DBS Vickers	UOB	35.69	37.9	Buy	GGM, PB1.3x
11/11/24	DMG & Partners	UOB	35.69	35.6	Neutral	GGM, PB1.16x FY25
11/11/24	Citi Research	UOB	35.69	40	Buy
11/12/24	CIMB	UOB	35.65	39.5	Add
11/12/24	OCBC	UOB	35.65	37.5	Hold
11/12/24	MorningStar	UOB	35.65	39	4-Star
11/12/24	Goldman Sachs	UOB	35.65	41	Buy
11/20/24	DMG & Partners	UOB	36.43	40.2	Buy	GGM, PB1.31x FY25
12/02/24	DBS Vickers	UOB	36.36	37.9	Buy	GGM, PB1.3x
12/02/24	CIMB	UOB	36.36	39.5	Add
12/02/24	Jefferies	UOB	36.36	42	Buy
12/16/24	DMG & Partners	UOB	37.35	40.2	Buy	GGM, PB1.31x FY25
12/19/24	OCBC	UOB	36.45	37.5	Hold
01/03/25	phillip	UOB	36.55	39.7	Accumulate
01/03/25	Citi Research	UOB	36.55	40.4	Buy
01/06/25	CIMB	UOB	36.58	39.5	Add
01/10/25	OCBC	UOB	37.58	37.5	Hold
01/13/25	MorningStar	UOB	36.82	40	Buy	Up from $39
01/28/25	Jefferies	UOB	37.02	42	Buy
02/03/25	Kim Eng	UOB	37.51	38.75	Buy
02/05/25	IG	UOB	37.27	39.9	Buy
02/19/25	DBS Vickers	UOB	38.65	37.9	Buy	GGM, PB1.3x
02/19/25	DMG & Partners	UOB	38.65	40.2	Buy	GGM, PB1.31x FY25
02/19/25	Lim & Tan	UOB	38.65	40.63	Accumulate
02/19/25	Citi Research	UOB	38.65	42.3	Buy
02/20/25	DBS Vickers	UOB	38.58	43	Buy	GGM, PB1.3x FY26
02/20/25	Kim Eng	UOB	38.58	44.32	Buy	DDM
02/21/25	phillip	UOB	38.43	41.8	Accumulate	GGM, PB1.49x FY25
02/21/25	DMG & Partners	UOB	38.43	41.6	Buy	GGM, PB1.38x FY25
02/21/25	CIMB	UOB	38.43	43	Add
03/12/25	Citi Research	UOB	37.35	36.9	Hold	GGM, PB1.3x FY25
03/12/25	Jefferies	UOB	37.35	43	Buy
03/12/25	DBS Vickers	UOB	37.35	38.5	Hold
03/21/25	phillip	UOB	37.8	41.8	Accumulate	GGM, PB1.49x FY25
03/24/25	Lim & Tan	UOB	37.95	42.5	Accumulate
03/24/25	MorningStar	UOB	37.95	37.6	Hold
04/03/25	DMG & Partners	UOB	36.17	41.6	Buy	GGM, PB1.38x FY25
04/07/25	Lim & Tan	UOB	35.46	0	Hold
04/07/25	Citi Research	UOB	35.46	34.8	Hold
04/08/25	DBS Vickers	UOB	33.23	32.7	Hold	GGM, PB1x FY26
04/10/25	Kim Eng	UOB	30.99	32.02	Hold
04/21/25	CIMB	UOB	34.8	38.8	Add
04/22/25	DMG & Partners	UOB	35.3	37.6	Neutral
05/07/25	DBS Vickers	UOB	34.98	32.7	Hold	GGM, PB1x FY26
05/07/25	CIMB	UOB	34.98	38.6	Add	GGM
05/07/25	Lim & Tan	UOB	34.98	38.8	Hold
05/09/25	phillip	UOB	34.55	35.5	Accumulate	GGM, PB1.26x FY25
05/09/25	MorningStar	UOB	34.55	37.5	Hold
05/19/25	Jefferies	UOB	35.5	40	Buy
06/06/25	Citi Research	UOB	35.21	34.7	Hold	GGM, PB1.2x FY25/26
06/10/25	CIMB	UOB	35.33	38.6	Add	GGM
06/12/25	phillip	UOB	35.12	36.3	Accumulate
06/19/25	Lim & Tan	UOB	34.83	37.99	Accumulate
07/07/25	phillip	UOB	36.12	36.3	Accumulate

United Hampshire - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/13/24	Amfrasers	United Hampshire	0.425	0.6	Outperform	DDM
09/17/24	Lim & Tan	United Hampshire	0.475	0.62	Accumulate
01/07/25	Lim & Tan	United Hampshire	0.475	0.64	Buy
01/15/25	UOB Kay Hian	United Hampshire	0.475	0.57	Buy	DDM
03/06/25	Amfrasers	United Hampshire	0.49	0.6	Outperform	DDM

Stock calls for 11 July 2025

Date	Analyst	Company	Last	Target	Call	Valuation
07/11/25	Lim & Tan	17Live Group	1.09	1.3	Accumulate
07/11/25	Phillip	Frencken	1.29	1.76	Buy	PER18x FY25
07/11/25	DBS Vickers	Grand Venture	0.955	1.12	Buy	PER21x FY26
07/11/25	Lim & Tan	Grand Venture	0.955	0.94	Hold	Offer $0.94
07/11/25	Lim & Tan	Lum Chang Creations	0.25	0.38	Subscribe	IPO $0.25
07/11/25	SAC Capital	Sanli Env	0.157	0.228	Buy
07/11/25	UOB Kay Hian	Singtel	4.01	4.58	Buy	Sum of parts

Hot news: USDT stablecoin is involved in a RMB$13B scam in china!

USDT stablecoin scam: RMB$13B losses and 2m chinese victims. 

Always remember this golden rule in finance: Decentralization = No investor protection!

Uni-Asia - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
09/12/24	SAC Capital	Uni-Asia	0.78	0.8	Hold

UMS - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/03/24	DBS Vickers	UMS	1.21	1	Hold
07/02/24	DBS Vickers	UMS	1.17	1	Hold
08/13/24	DBS Vickers	UMS	1.06	1	Hold
08/14/24	DBS Vickers	UMS	1.07	1.08	Hold	PER15x FY25
10/16/24	UOB Kay Hian	UMS	1.05	0.9	Sell
11/11/24	DBS Vickers	UMS	1.04	1.08	Hold	PER16x FY25
11/12/24	UOB Kay Hian	UMS	1.04	0.95	Hold	PER16x FY25
11/12/24	Kim Eng	UMS	1.04	1.03	Hold
03/04/25	UOB Kay Hian	UMS	1.07	1.21	Buy	PER17.6x FY25
03/04/25	DBS Vickers	UMS	1.07	1.31	Buy	PER18x FY25
03/04/25	Lim & Tan	UMS	1.07	1.16	Hold
03/04/25	Kim Eng	UMS	1.07	1.16	Buy	PER14x FY25/26
04/10/25	DBS Vickers	UMS	0.93	1.31	Buy	PER18x FY25
04/22/25	UOB Kay Hian	UMS	1.02	1.21	Buy	PER17.6x FY25
05/13/25	DBS Vickers	UMS	1.05	1.31	Buy	PER18x FY25
05/13/25	Lim & Tan	UMS	1.05	1.23	Accumulate
05/14/25	UOB Kay Hian	UMS	1.12	1.32	Buy	PER17.5x FY26
05/14/25	DBS Vickers	UMS	1.12	1.38	Buy	PER18.8x FY25/26
05/16/25	Kim Eng	UMS	1.15	1.19	Buy
06/12/25	UOB Kay Hian	UMS	1.21	1.32	Buy	PER17.5x FY26

Tiong Woon - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
09/24/24	Lim & Tan	Tiong Woon	0.5	0.87	Buy
09/27/24	UOB Kay Hian	Tiong Woon	0.51	0.87	Buy
10/11/24	Lim & Tan	Tiong Woon	0.525	0.87	Accumulate
03/14/25	UOB Kay Hian	Tiong Woon	0.575	0.87	Buy
06/23/25	UOB Kay Hian	Tiong Woon	0.58	0.64	Buy	PB0.45X FY25
07/10/25	UOB Kay Hian	Tiong Woon	0.695	0.64	Buy	PB0.45X FY25

Stock calls for 10 July 2025

Date	Analyst	Company	Last	Target	Call	Valuation
07/10/25	UOB Kay Hian	BRC Asia	3.3	3.29	Hold	PER9x FY25
07/10/25	DBS Vickers	Genting	0.74	0.8	Hold	DCF & EV/Ebitda5.3x FY26
07/10/25	CIMB	Genting	0.74	1.05	Add	EV/Ebitda8x
07/10/25	UOB Kay Hian	Hong Leong Asia	1.63	1.93	Buy	Sum of parts
07/10/25	UOB Kay Hian	PanUnited	0.895	1.06	Buy	PER14x FY25
07/10/25	Citi Research	SGX	15.41	13.1	Sell	DDM
07/10/25	UOB Kay Hian	Tiong Woon	0.695	0.64	Buy	PB0.45X FY25

The US stock market is getting dicey now!

Let's take a look at 2 widely used indicators (Warren Buffett Indicator-WBI & Shiller PER).

The WBI is above 207 now which means the US stock market is getting very dicey.  This was because WB said that investors were playing with fire when the WBI was above 200.

The current Shiller PER is at the 3rd highest record in history now and this also points to a dicey stock market.

Thomson Medical - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/27/24	Kim Eng	Thomson Medical	0.05	0.06	Buy
09/16/24	Phillip	Thomson Medical	0.05	0.061	Buy	Sum of parts
12/16/24	Kim Eng	Thomson Medical	0.05	0.06	Buy
01/20/25	Kim Eng	Thomson Medical	0.048	0.06	Buy
02/13/25	Kim Eng	Thomson Medical	0.044	0.05	Hold	EV/Ebitda
02/18/25	Phillip	Thomson Medical	0.046	0.048	Neutral	Sum of parts

Thakral - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/02/25	Phillip	Thakral	1.52	2.04	Buy	PER8.4x FY25
06/18/25	Lim & Tan	Thakral	1.44	2.04	Accumulate