Sembcorp Industries - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/03/25	DBS Vickers	Sembcorp Industries	6.09	8	Buy	PER13x FY25
03/04/25	Kim Eng	Sembcorp Industries	6.32	7.1	Buy	Sum of parts
03/06/25	phillip	Sembcorp Industries	6.35	7.1	Accumulate	EV/Ebitda8x FY25
03/13/25	Lim & Tan	Sembcorp Industries	6.05	7.25	Accumulate
03/17/25	UOB Kay Hian	Sembcorp Industries	5.96	8	Buy	PER12.6x FY25
03/17/25	CIMB	Sembcorp Industries	5.96	7.81	Add
03/19/25	Lim & Tan	Sembcorp Industries	6.2	7.3	Accumulate
04/02/25	DBS Vickers	Sembcorp Industries	6.42	8	Buy	PER13x FY25
04/02/25	Lim & Tan	Sembcorp Industries	6.42	7.3	Accumulate
04/03/25	CIMB	Sembcorp Industries	6.58	8.14	Add	PER
05/26/25	Lim & Tan	Sembcorp Industries	6.56	7.46	Accumulate on weakness
06/06/25	UOB Kay Hian	Sembcorp Industries	6.65	8	Buy	PER12.6x FY25
06/16/25	Lim & Tan	Sembcorp Industries	6.89	7.79	Accumulate on weakness
06/30/25	phillip	Sembcorp Industries	6.83	8.1	Buy	EV/Ebitda9x FY25
07/15/25	OCBC	Sembcorp Industries	7.51	8.45	Buy
07/17/25	CIMB	Sembcorp Industries	7.71	8.54	Add
08/08/25	DBS Vickers	Sembcorp Industries	7.8	8	Buy	PER13x FY25
08/11/25	UOB Kay Hian	Sembcorp Industries	6.72	7.9	Buy	PER12.8x
08/11/25	phillip	Sembcorp Industries	6.72	7.9	Buy	EV/Ebitda9x FY25
10/24/25	UOB Kay Hian	Sembcorp Industries	6.45	7.91	Buy	PER12.8x
10/24/25	CIMB	Sembcorp Industries	6.45	8.02	Add	PER
10/24/25	JPM	Sembcorp Industries	6.45	7.5	Overweight
10/24/25	Kim Eng	Sembcorp Industries	6.45	6.4	Hold
10/24/25	Macquarie	Sembcorp Industries	6.45	6.64	Neutral
11/24/25	UBS	Sembcorp Industries	6.08	7.65	Buy
12/09/25	Lim & Tan	Sembcorp Industries	5.9	7.47	Accumulate
12/12/25	CIMB	Sembcorp Industries	5.82	7.77	Add	PER13x
12/12/25	JPM	Sembcorp Industries	5.82	5.9	Neutral
12/15/25	phillip	Sembcorp Industries	5.92	7.1	Buy	EV/Ebitda8.3x FY26
12/17/25	Kim Eng	Sembcorp Industries	5.92	5.65	Hold
12/19/25	Macquarie	Sembcorp Industries	5.88	7.04	Outperform	Up from $6.64
02/26/26	UOB Kay Hian	Sembcorp Industries	6.2	7.1	Buy	PER12.3x
02/26/26	CIMB	Sembcorp Industries	6.2	7.68	Add	PER
02/26/26	Lim & Tan	Sembcorp Industries	6.2	7	Accumulate
02/26/26	Macquarie	Sembcorp Industries	6.2	6.59	Outperform
02/27/26	JPM	Sembcorp Industries	6.07	5.8	Neutral
02/27/26	Macquarie	Sembcorp Industries	6.07	6.43	Neutral	Sum of parts
03/02/26	phillip	Sembcorp Industries	6.12	7	Accumulate	EV/Ebitda10x FY26
03/06/26	DBS Vickers	Sembcorp Industries	5.68	7.3	Buy	PER13x FY26

Stock calls for 9 March 2026

Date	Analyst	Company	Last	Target	Call	Valuation
03/09/26	Phillip	17Live Group	0.85	1.18	Buy	DCF
03/09/26	UOB Kay Hian	China Aviation Oil	1.83	2.63	Buy	PER15x FY26
03/09/26	phillip	Ever Gloy Uinited Holdings	0.77	1.05	Buy	PER18x FY27
03/09/26	Amfrasers	Food Empire	3.08	3.7	outperform	DCF
03/09/26	Phillip	Frencken	2.01	2.5	Buy	PER24x FY26
03/09/26	DBS Vickers	Hongkong Land	8.38	10.17	Buy	RNAV (15% disc)
03/09/26	DBS Vickers	Innotek	0.67	0.88	Unrated	PER21x FY27
03/09/26	Lim & Tan	Seatrium	2.33	2.7	Accumulate
03/09/26	DBS Vickers	SIA	6.65	7.5	Hold	EV/Ebitda4.7x FY26
03/09/26	JPM	Singtel	5	5.8	Overweight
03/09/26	Lim & Tan	UI Boustead	0.88	0	Subscribe
03/09/26	Amfrasers	United Hampshire	0.52	0.69	Outperform	DDM

Red alert for bitcoin (BTC)! - Part 10

It is highly likely that the BTC price will breach the $60k level in the coming weeks or months.  Why?

The crude oil price is around $103 now and is projected to rise to $150-$200 level in the coming months if the Iran war continues.  Thus, there is a potential spike of 50-100% in the oil price in the foreseeable future.

Consequently, the crude oil spikes will cause electricity costs to spike and crypto mining is an energy intensive industry.  The spike in electricity cost will force many crypto miners to sell their crypto holdings to fund their operations or shut down their mining operations to cut their losses.

This Iran war is really bad for the crypto industry!

The Iran war situation report. - Part 7

In our previous post Part 6, we had stated that it seemed that the anglo-saxons were trying to play the jews out by making Israel as the war zone.  It seems that our hypothesis is valid now.  Why?

The US had started to bomb Iran's water desalination plants and energy infrastructure for this unprovoked war to incur the wrath of Iran and the world so that the hatred for Israel would be deeply rooted in the Gulf states and the world.

Moreover, it is proven beyond a reasonable doubt now that the US tomahawk missile bombed the Iranian girl's school.  It looks like the US is sowing hatred for Israel under the pretence and in the context of protecting Israel.   The best part is the Jews don't understand what the anglo-saxons are doing and still think that they're on the same side.  There is a famous adage in politics: Don't believe in what the politicians say, only believe in what they do.

The Iran war situation report. - Part 6

Both sides have started to attack water desalination plants after our Part 5 post and the US  is the one that starts this first.  The US salvo on Iran's desalination plant has given Iran the legitimate reason to attack Israel's desalination plants now.

Iran has retaliated by attacking Bahrain's desalination plant.

The US has made a grave mistake by attacking Iran's desalination plant because Iran has very limited desalination plants since it is under sanctions.

Iran only has 3% of desalination capacity compared to Israel's capacity of 75%.  Israel will be in deep troubles when Iran starts bombing 75% of desalination capacity in Israel.  How many Israelis will flee Israel when there is no more water to consume?

It seems that the anglo-saxons are playing the Jews out by using Israel as the war zone because the anglo-saxons are doing everything that is detrimental to the Jews.

Baltic dry index - 2010

Related stock: Seatrium, Cosco & Pan Ocean.

US rig count (weekly) - 551

Related stock: Seatrium & Cosco.

The Iran war situation report. - Part 5

The insane Israel had just bombed the UN in Lebanon.  The time has come for us to support Iran and wipe out Israel.

The US will lose this Iran war because it is starting to lose the Gulf states support (see below).

Is Trump going to do the TACO again?

What can Iran do to force the Gulf states to pivot?

Well, water supply is the achilles' heel for the Gulf states and Iran can threaten to destroy their water desalination water plants if they allow the US to use their countries including their airspace to attack Iran or help the US to resupply its military.  Iran can offer the choices to the Gulf states to chose between drinking water supply or the US military presence by signing a "No Attack" pact with the Gulf states if they boot the US military out of the Gulf states.

From the information below, we can see that some Gulf states will collapse within 2 weeks if Iran destroys all their water desalination plants with the Iranian missiles and drones.

Just imagine this: How many people will leave and flee the Gulf states when there is no drinking water to consume anymore

Saudi Arabia water desalination: 60%

Qatar water desalination: 99%

Dubai water desalination: 98%

UAE water desalination: 42%

Kuwait water desalination: 90%

Seatrium - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/04/25	UOB Kay Hian	Seatrium	2.15	2.96	Buy	PB1.5x
03/04/25	Citi Research	Seatrium	2.15	2.65	Buy
04/10/25	DBS Vickers	Seatrium	1.68	3	Buy
05/07/25	UOB Kay Hian	Seatrium	1.92	2.96	Buy	PB1.5x
05/29/25	DBS Vickers	Seatrium	2.06	3	Buy
05/29/25	Lim & Tan	Seatrium	2.06	2.72	Accumulate on weakness
05/29/25	OCBC	Seatrium	2.06	2.76	Buy
05/30/25	CIMB	Seatrium	2.07	2.8	Add
06/02/25	UOB Kay Hian	Seatrium	2.05	2.96	Buy	PB1.5x
06/02/25	MorningStar	Seatrium	2.05	2.92	4-Star
07/01/25	CIMB	Seatrium	2.01	2.8	Add	PB
07/07/25	UOB Kay Hian	Seatrium	2.07	2.96	Buy	PB1.5x
08/01/25	UOB Kay Hian	Seatrium	2.27	2.96	Buy	PB1.5x
08/01/25	DBS Vickers	Seatrium	2.27	2.96	Buy	PB1.5x FY25
08/01/25	CIMB	Seatrium	2.27	2.8	Add	PB
08/28/25	Lim & Tan	Seatrium	2.29	2.75	Accumulate on weakness
08/28/25	Citi Research	Seatrium	2.29	2.65	Buy
09/23/25	JPM	Seatrium	2.34	3.05	Overweight
09/24/25	DBS Vickers	Seatrium	2.37	2.96	Buy	PB1.5x FY25
09/24/25	CIMB	Seatrium	2.37	2.8	Add	PB
09/26/25	UOB Kay Hian	Seatrium	2.44	2.96	Buy	PB1.5x
10/10/25	DBS Vickers	Seatrium	2.44	2.96	Buy	PB1.5x FY25
10/10/25	CIMB	Seatrium	2.44	2.8	Add	PB
10/16/25	Lim & Tan	Seatrium	2.12	2.84	Accumulate on weakness
11/03/25	DBS Vickers	Seatrium	2.17	2.96	Buy	PB1.5x
11/14/25	UOB Kay Hian	Seatrium	2.18	2.96	Buy	PB1.5x
11/14/25	CIMB	Seatrium	2.18	2.67	Add	PB
11/14/25	MorningStar	Seatrium	2.18	2.92	4-Star
11/14/25	OCBC	Seatrium	2.18	2.76	Buy
11/26/25	Lim & Tan	Seatrium	2.06	2.8	Accumulate on weakness
11/27/25	CIMB	Seatrium	2.12	2.67	Add	PB
12/08/25	UOB Kay Hian	Seatrium	2.12	2.96	Buy	PB1.5x
12/12/25	CIMB	Seatrium	2.08	2.67	Add	PB
12/12/25	Lim & Tan	Seatrium	2.08	2.81	Accumulate on weakness
12/22/25	Citi Research	Seatrium	2.07	2.65	Buy	PB1.2x FY26
01/22/26	DBS Vickers	Seatrium	2.13	2.96	Buy	PB1.5x
01/22/26	Lim & Tan	Seatrium	2.13	2.73	Accumulate on weakness
01/23/26	CIMB	Seatrium	2.12	2.67	Add	PB
01/23/26	Citi Research	Seatrium	2.12	2.65	Buy	PB1.2x FY26
01/29/26	UOB Kay Hian	Seatrium	2.12	2.96	Buy	PB1.5x
02/10/26	UOB Kay Hian	Seatrium	2.09	2.96	Buy	PB1.5x
02/10/26	DBS Vickers	Seatrium	2.09	2.96	Buy	PB1.5x
02/10/26	Lim & Tan	Seatrium	2.09	2.66	Accumulate on weakness
02/26/26	Lim & Tan	Seatrium	2.21	2.65	Accumulate on weakness
02/26/26	Citi Research	Seatrium	2.21	2.6	Buy
02/27/26	UOB Kay Hian	Seatrium	2.28	3.15	Buy
02/27/26	CIMB	Seatrium	2.28	2.84	Add	PB
03/02/26	DBS Vickers	Seatrium	2.4	3	Buy	PB1.35x FY26
03/06/26	Citi Research	Seatrium	2.32	2.7	Buy	PB1.2x FY27
03/06/26	OCBC	Seatrium	2.32	2.79	Buy