Singtel - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/28/25	UOB Kay Hian	Singtel	3.4	3.6	Buy	DCF
04/21/25	Kim Eng	Singtel	3.75	3.96	Buy	Sum of parts
04/24/25	DMG & Partners	Singtel	3.76	3.8	Buy	Sum of parts
05/05/25	DBS Vickers	Singtel	3.8	3.93	Buy	Sum of parts (20% disc)
05/14/25	CIMB	Singtel	3.71	4	Hold
05/20/25	DBS Vickers	Singtel	3.79	4.27	Buy	Sum of parts (15% disc)
05/22/25	Lim & Tan	Singtel	3.85	4	Accumulate on weakness
05/23/25	UOB Kay Hian	Singtel	3.95	4.58	Buy	Sum of parts
05/23/25	DBS Vickers	Singtel	3.95	4.4	Buy	Sum of parts
05/23/25	Citi Research	Singtel	3.95	4.3	Buy
05/26/25	Phillip	Singtel	3.88	4.4	Accumulate	EV/Ebitda7x
05/26/25	DMG & Partners	Singtel	3.88	4.5	Buy
05/26/25	OCBC	Singtel	3.88	4.51	Buy	Up from $4
06/17/25	CIMB	Singtel	3.95	4.1	Hold
06/19/25	DBS Vickers	Singtel	3.97	4.3	Buy	Sum of parts
06/19/25	Kim Eng	Singtel	3.97	4.3	Buy
06/20/25	DBS Vickers	Singtel	3.91	4.58	Buy	EV/Ebitda18.5x
06/20/25	HSBC	Singtel	3.91	4.45	Buy
07/01/25	Lim & Tan	Singtel	3.82	4.4	Accumulate
07/11/25	UOB Kay Hian	Singtel	4.01	4.58	Buy	Sum of parts
07/11/25	Citi Research	Singtel	4.01	4.46	Buy
07/22/25	DMG & Partners	Singtel	4.15	4.7	Buy
08/06/25	DMG & Partners	Singtel	4	4.7	Buy
08/07/25	Kim Eng	Singtel	4.01	4.3	Buy
08/14/25	UOB Kay Hian	Singtel	4.06	4.56	Buy	Sum of parts
08/14/25	Phillip	Singtel	4.06	4.4	Accumulate	Ev/Ebitda7x
08/14/25	DBS Vickers	Singtel	4.06	4.58	Buy	Sum of parts (15% disc)
08/15/25	Lim & Tan	Singtel	4.07	4.4	Accumulate
08/15/25	DMG & Partners	Singtel	4.07	4.7	Buy
08/22/25	DBS Vickers	Singtel	4.11	5.04	Buy	Sum of parts (10% disc)
09/01/25	Phillip	Singtel	4.31	4.86	Accumulate	Ev/Ebitda8x
09/02/25	CIMB	Singtel	4.33	4.8	Add
09/02/25	HSBC	Singtel	4.33	4.75	Buy
09/08/25	DMG & Partners	Singtel	4.39	4.9	Buy
09/10/25	Kim Eng	Singtel	4.31	4.75	Buy
09/19/25	OCBC	Singtel	4.35	5.1	Buy
09/30/25	Kim Eng	Singtel	4.12	4.62	Buy	Sum of parts
09/30/25	Citi Research	Singtel	4.12	4.92	Buy
10/30/25	DMG & Partners	Singtel	4.31	4.9	Buy
11/07/25	DBS Vickers	Singtel	4.5	5.04	Buy	Sum of parts (10% disc)
11/07/25	Kim Eng	Singtel	4.5	4.62	Buy	Sum of parts
11/10/25	Lim & Tan	Singtel	4.63	4.73	Accumulate on weakness
11/12/25	Lim & Tan	Singtel	4.62	5	Accumulate on weakness
11/13/25	UOB Kay Hian	Singtel	4.72	5.2	Buy	Sum of parts
11/13/25	CIMB	Singtel	4.72	5.2	Add	PER
11/17/25	Phillip	Singtel	4.86	5.35	Accumulate
12/09/25	Citi Research	Singtel	4.56	5.08	Buy	Sum of parts
12/12/25	DBS Vickers	Singtel	4.56	5.71	Buy	Sum of parts
12/19/25	Lim & Tan	Singtel	4.53	5.18	Accumulate on weakness
12/22/25	DMG & Partners	Singtel	4.54	5.2	Buy
01/14/26	DBS Vickers	Singtel	4.5	5.71	Buy	Sum of parts (10% disc)
01/14/26	JPM	Singtel	4.5	5.2	Overweight
02/02/26	DMG & Partners	Singtel	4.59	5.2	Buy
02/04/26	DBS Vickers	Singtel	4.86	5.71	Buy	Sum of parts (10% disc)
02/05/26	UOB Kay Hian	Singtel	4.91	5.2	Buy	Sum of parts
02/05/26	Phillip	Singtel	4.91	5.35	Accumulate
02/05/26	CIMB	Singtel	4.91	5.34	Add	RNAV
02/13/26	UOB Kay Hian	Singtel	5	5.5	Buy	Sum of parts
02/13/26	DMG & Partners	Singtel	5	5.5	Buy
02/13/26	HSBC	Singtel	5	5.2	Buy	Up from $5.15
02/16/26	Phillip	Singtel	4.91	5.35	Accumulate
03/09/26	JPM	Singtel	5	5.8	Overweight
03/10/26	UOB Kay Hian	Singtel	4.95	5.5	Buy	Sum of parts

Singapore Post - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/10/25	UOB Kay Hian	Singapore Post	0.56	0.72	Buy	Sum of parts, PB1x FY26
03/10/25	OCBC	Singapore Post	0.56	0.62	Hold	DCF
03/14/25	Lim & Tan	Singapore Post	0.56	0.75	Buy
04/02/25	Lim & Tan	Singapore Post	0.615	0.75	Buy
05/07/25	Kim Eng	Singapore Post	0.6	0.77	Buy
05/15/25	Lim & Tan	Singapore Post	0.635	0.75	Neutral
05/15/25	OCBC	Singapore Post	0.635	0.605	Hold	Sum of parts
05/16/25	UOB Kay Hian	Singapore Post	0.56	0.66	Buy	Sum of parts
06/20/25	Lim & Tan	Singapore Post	0.57	0.7	Hold
06/30/25	UOB Kay Hian	Singapore Post	0.62	0.66	Buy	Sum of parts
07/23/25	Lim & Tan	Singapore Post	0.64	0.7	Hold
07/24/25	Kim Eng	Singapore Post	0.655	0.74	Buy
08/11/25	OCBC	Singapore Post	0.505	0.59	Buy
08/11/25	Kim Eng	Singapore Post	0.505	0.63	Buy
08/22/25	Lim & Tan	Singapore Post	0.5	0.725	Accumulate
08/22/25	OCBC	Singapore Post	0.5	0.495	Hold
08/25/25	Kim Eng	Singapore Post	0.5	0.51	Hold
09/15/25	OCBC	Singapore Post	0.435	0.44	Hold
09/17/25	Lim & Tan	Singapore Post	0.43	0.725	Accumulate
11/10/25	Lim & Tan	Singapore Post	0.42	1	Accumulate on weakness
11/11/25	Kim Eng	Singapore Post	0.42	0.43	Hold
11/12/25	Lim & Tan	Singapore Post	0.42	0.51	Accumulate on weakness
12/10/25	Lim & Tan	Singapore Post	0.42	0.43	Hold
02/26/26	OCBC	Singapore Post	0.385	0.4	Hold

Stock calls for 12 March 2026

Date	Analyst	Company	Last	Target	Call	Valuation
03/12/26	Lim & Tan	APAC Realty	0.58	0.66	Accumulate	PER15.5x FY26
03/12/26	DBS Vickers	Aztech	0.81	0.67	Hold	PER12x FY27
03/12/26	Phillip	Centurion	1.44	1.81	Buy	Sum of parts
03/12/26	Phillip	China Aviation Oil	1.95	2.53	Buy	PER11.2x FY26
03/12/26	Lim & Tan	Comfortdelgro	1.45	1.68	Accumulate on weakness
03/12/26	CIMB	Dairy Farm	4.75	5.5	Add	PER
03/12/26	DBS Vickers	Soilbuild Construction	0.985	1.25	Unrated	PER10.1x FY27
03/12/26	UOB Kay Hian	Soon Hock	0.61	0.71	Buy	PB1.2x FY26
03/12/26	Phillip	Telechoice	0.185	0.275	Buy	PER15x FY26
03/12/26	DBS Vickers	Venture	15.66	17.9	Buy	PER21x FY26

The Iran war situation report. - Part 12

As stated in our last post Part 11, the US navy had retracted its promise of escort services.

Not only is the US military not providing escort services in the strait of hormuz, it is fleeing from the Gulf states.  Insofar, the US military had fled Qatar, Saudi Arabia, Bahrain and Kuwait.

The US is going to lose this Iran war, just like it lost the Korean and Vietnam wars because it is losing domestic support and losing its international allies.

Spain is the first country to downgrade the diplomatic relationship with Israel in support for Iran and Palestine because it wants to stand on the right side of history.

This Iran war is going to reset the world order and it is very difficult for the US military to get back into the Middle East after the war.  The Gulf states understand now that having the US military bases in their countries are actually a liability instead of a shield.

Like we've stated in our earlier posts, the anglo-saxons had executed this gambit very well against the Jews because Iran would decimate Israel and the Jews as we're seeing in this Iran war.  Israel is getting bombed and the Jews are getting killed on a daily basis now.  Life will never be the same for Israel now.

Lastly, Iran will continue to block the strait of hormuz and won't allow any commercial ship to pass through except for the China and Iran ships.  Iran is adamant to make the world feel the economic pain so that it can reset the western world order.

The Iran war situation report. - Part 11

Iran has started to attack Israel with its new and powerful bombs now.

As stated previously on our posts, the anglo-saxons in the US were trying to destroy Israel and the Jews through this Iran war.  Everything that the US had done was detrimental to Israel and the Jews.

The US used its tomahawk missiles to bomb the Iranian school deliberately to incite hatred towards Israel.  Scott Ritter explained the deliberate actions of the US to wipe out the girls and teachers in the video below.

Thereafter, the US bombed Iran's water desalination plants, oil depots and banks despite knowingly understood that Iran would do exactly the same things and in greater magnitude to Israel.

Last but not least, 3 nations were deceived by the US government's assurance that the US navy would provide escort services through the strait of hormuz.  However, this pseudo promise was debunked by the harsh reality.

In the end, the US retracted its escort promise after 3 commercial ships were hit by Iran.  Hahaha!

Singapore Paincare - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/05/25	SIAS	Singapore Paincare	0.157	0.365	Hold	Offer @ $0.16

Singapore Land - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/04/25	DBS Vickers	Singapore Land	2.12	2.6	Buy

Sinarmas - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/28/25	Lim & Tan	Sinarmas	0.275	0.31	Reject Offer	Cash offer $0.31

Stock calls for 11 March 2026

Date	Analyst	Company	Last	Target	Call	Valuation
03/11/26	UOB Kay Hian	Huationg Global	0.825	1.23	Buy	PER11x FY26
03/11/26	Lim & Tan	Reclaims Group	0.47	0.6	Accumulate
03/11/26	DBS Vickers	Yangzijiang Shipping	4.05	4.55	Buy	PB2.6x FY26, PER11x FY26
03/11/26	CIMB	Yangzijiang Shipping	4.05	4.95	Add	PER
03/11/26	Lim & Tan	Yangzijiang Shipping	4.05	4.44	Accumulate on weakness

The Iran war situation report. - Part 10

Iran has started to lay mines in the strait of hormuz and this will block any ship passage for many months.

The current stalemate in the strait of hormuz has already cut the oil production in the Middle East and the Iranian water mines will worsen the situation.

Israel is still getting bombed on a daily basis and Iran has taken out  Irael's  largest power plant.

Moreover, Iran has announced that it will use its bigger and more destructive missiles against Irael.  These bigger and more powerful missiles are meant to destroy infrastructures (energy) and key installations (water plants).

Therefore, it is getting highly likely that Israel will be destroyed directly by Iran and indirectly by the anglo-saxons in the US if this Iran war doesn't end soon.  The anglo-saxons have been trying to unshackle the Jew's control on the US for many years and this will be the best opportunity (Iran war) to achieve it.