https://bitcoinexchangeguide.com/decentralized-home-sharing-platform-bee-token-to-charge-fees-to-customers-to-boost-revenue/
Bee token has crashed from a value of $11m to less than $500k now. This means that the ICO investors have suffered massive losses for this ICO.
This company is faltering and will likely fail as it will encounter cash flow problems due to insufficient revenues to cover its operational and marketing expenses.
Bee token is just one of the ICOs that will falter and/or fail in 2019-2020 and this is just the tip of the iceberg. Many ICO companies will follow suit and such news announcements will become a common theme in these 2 years.
https://sg-stock.blogspot.com/2019/01/the-ico-downfall.html
Friday, January 25, 2019
Thursday, January 24, 2019
Qualcomm has lost Huawei as a customer.
https://sg.finance.yahoo.com/news/huawei-announces-5g-smartphone-based-062312583.html
Huawei will be using its self-developed chips instead of using Qualcomm's. Huawei is also slowly replacing Intel chips with its own.
The slowdown in the western semiconductor industry will be real and permanent.
Huawei will be using its self-developed chips instead of using Qualcomm's. Huawei is also slowly replacing Intel chips with its own.
The slowdown in the western semiconductor industry will be real and permanent.
Singapore is facing a political upheaval now!
https://sg.news.yahoo.com/singapore-pms-brother-backs-rival-polls-loom-025338346.html
Lee Hsien Yang, son of LKY, has come out to support TCB openly to be the future leader of Singapore. In other words, LHY wants TCB to be the next PM of Singapore.
The acrimonious relationship in the Lee family, whereby the 2 siblings are against the current PM Lee Hsien Loong, will cause political upheaval in Singapore.
LHL will definitely become more offensive against LHY and his immediate family. Presently, AGC is going after LHY's wife and son under the blessing of LHL.
The next election will be a vote for change for Singapore. This is the only chance for true Singaporeans to change Singapore.
Lee Hsien Yang, son of LKY, has come out to support TCB openly to be the future leader of Singapore. In other words, LHY wants TCB to be the next PM of Singapore.
The acrimonious relationship in the Lee family, whereby the 2 siblings are against the current PM Lee Hsien Loong, will cause political upheaval in Singapore.
LHL will definitely become more offensive against LHY and his immediate family. Presently, AGC is going after LHY's wife and son under the blessing of LHL.
The next election will be a vote for change for Singapore. This is the only chance for true Singaporeans to change Singapore.
EC World Reit - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 04/16/18 | Soochow | EC World Reit | 0.735 | 0.88 | Buy | |
| 08/08/18 | Soochow | EC World Reit | 0.71 | 0.88 | Buy | |
| 11/07/18 | phillip | EC World Reit | 0.685 | 0.82 | Buy | DDM |
| 12/04/18 | CIMB | EC World Reit | 0.69 | 0.85 | Not Rated | Consensus target price |
| 01/09/19 | DMG & Partners | EC World Reit | 0.7 | 0.81 | Buy |
Dyna-Mac - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 03/22/18 | CIMB | Dyna-Mac | 0.13 | 0.18 | Add | PB1.8x CY18 |
| 09/03/18 | CIMB | Dyna-Mac | 0.107 | 0.13 | Add | PB1.3x CY18 |
Duty-Free - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/10/19 | Lim & Tan | Duty Free | 0.192 | 0 | Accumulate |
Stock calls for 24 January 2019
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/24/19 | OCBC | CapitaCommercial | 1.83 | 1.68 | Hold | |
| 01/24/19 | Phillip | Capitamall Trust | 2.31 | 2.09 | Neutral | DDM, PB1.06x FY19 |
| 01/24/19 | Kim Eng | Capitamall Trust | 2.31 | 2.25 | Hold | DDM |
| 01/24/19 | OCBC | Capitamall Trust | 2.31 | 2.25 | Hold | |
| 01/24/19 | DBS Vickers | Capitamall Trust | 2.31 | 2.44 | Buy | |
| 01/24/19 | OCBC | Mapletree Commercial | 1.72 | 1.79 | Hold | |
| 01/24/19 | CIMB | Mapletree Commercial | 1.72 | 1.79 | Add | DDM |
| 01/24/19 | DBS Vickers | Mapletree Commercial | 1.72 | 2 | Buy | DCF |
| 01/24/19 | Kim Eng | Mapletree Commercial | 1.72 | 1.6 | Hold | |
| 01/24/19 | Phillip | Mapletree Industrial | 1.96 | 2.03 | Neutral | DDM, PB1.36x FY19 |
| 01/24/19 | Kim Eng | Mapletree Industrial | 1.96 | 2.2 | Buy | DDM |
| 01/24/19 | Kim Eng | SIA | 9.5 | 11.2 | Buy | |
| 01/24/19 | CIMB | SIA | 9.5 | 10.25 | Hold | PB0.9x CY19 |
| 01/24/19 | DBS Vickers | Suntec Reit | 1.87 | 2.12 | Buy | DCF |
| 01/24/19 | OCBC | Suntec Reit | 1.87 | 1.86 | Hold | |
| 01/24/19 | DMG & Partners | Suntec Reit | 1.87 | 1.9 | Neutral | DDM |
| 01/24/19 | Jefferies | Suntec Reit | 1.87 | 1.85 | Hold | Up from $1.80 |
Fake news created by crypto proponents to promote bitcoin investment.
These crypto proponents are implementing a desperate marketing campaign to promote bitcoin investments because they have suffered heavy losses.
https://inspirednew.com/crypto/
The news article states that creative technology founder, Sim Wong Hoo, has divested his shareholdings and invested in bitcoins. This fake news is just a marketing campaign to promote bitcoin investments and lure ignorant investors into bitcoin.
The truth:
As creative technology is a public listed company, the company must report to SGX and make a public announcement about the departure of its key management personnel and also major changes in its key shareholding structure. No such announcement is being made on SGX company announcement web page.
Furthermore, there is no mention of Sim leaving creative technology in his latest interview.
https://www.sgsme.sg/news/lunch-sumiko-creative-technologys-sim-wong-hoo-back
When those crypto proponents are using such underhand method to promote bitcoin, you know bitcoin is nothing but a scam.
https://inspirednew.com/crypto/
The news article states that creative technology founder, Sim Wong Hoo, has divested his shareholdings and invested in bitcoins. This fake news is just a marketing campaign to promote bitcoin investments and lure ignorant investors into bitcoin.
The truth:
As creative technology is a public listed company, the company must report to SGX and make a public announcement about the departure of its key management personnel and also major changes in its key shareholding structure. No such announcement is being made on SGX company announcement web page.
Furthermore, there is no mention of Sim leaving creative technology in his latest interview.
https://www.sgsme.sg/news/lunch-sumiko-creative-technologys-sim-wong-hoo-back
When those crypto proponents are using such underhand method to promote bitcoin, you know bitcoin is nothing but a scam.
Wednesday, January 23, 2019
BCG Digital Ventures: Bitcoin will go to zero.
https://www.cnbc.com/2019/01/23/bitcoin-price-going-to-zero-davos-future-of-blockchain-tech-.html
The educated investors are waking up to the reality that crypto is never going to work as a currency because it doesn't fulfill the 3 important criteria.
If you still don't understand what we're trying to put across, please read our postings below.
http://sg-stock.blogspot.com/2019/01/the-charades-of-cryptocurrency.html
http://sg-stock.blogspot.com/2018/11/a-financial-analysis-on-initial-coin.html
As people get more educated about cryptos and ICOs, they will avoid them.
The educated investors are waking up to the reality that crypto is never going to work as a currency because it doesn't fulfill the 3 important criteria.
If you still don't understand what we're trying to put across, please read our postings below.
http://sg-stock.blogspot.com/2019/01/the-charades-of-cryptocurrency.html
http://sg-stock.blogspot.com/2018/11/a-financial-analysis-on-initial-coin.html
As people get more educated about cryptos and ICOs, they will avoid them.
Is Japan food safe for consumption? - part 3
Since CNY is coming, let's stay healthy by not eating Japanese food.
US FDA is still imposing the detention of Japan food products without examination.
https://www.accessdata.fda.gov/cms_ia/importalert_621.html
Eat at your own risk and don't complain when you develop cancer.
http://sg-stock.blogspot.com/2017/11/is-japan-food-safe-for-consumption-part.html
https://www.accessdata.fda.gov/cms_ia/importalert_621.html
Eat at your own risk and don't complain when you develop cancer.
http://sg-stock.blogspot.com/2017/11/is-japan-food-safe-for-consumption-part.html
DISA - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 06/25/18 | Amfrasers | DISA | 0.008 | 0.02 | Buy | DCF, PER23.9x FY21 |
| 07/03/18 | UOB Kay Hian | DISA | 0.009 | 0.013 | Buy | DCF |
| 08/30/18 | Amfrasers | DISA | 0.008 | 0.02 | Buy | DCF |
| 09/10/18 | UOB Kay Hian | DISA | 0.008 | 0.013 | Buy | DCF |
Delfi - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 02/28/18 | DMG & Partners | Delfi | 1.52 | 1.54 | Neutral | DCF |
| 05/09/18 | DBS Vickers | Delfi | 1.48 | 1.8 | Buy | PER26x FY18/19 |
| 05/09/18 | DMG & Partners | Delfi | 1.48 | 1.54 | Neutral | |
| 06/20/18 | DMG & Partners | Delfi | 1.32 | 1.47 | Buy | DCF |
| 08/06/18 | DMG & Partners | Delfi | 1.18 | 1.47 | Buy | DCF |
| 11/14/18 | DMG & Partners | Delfi | 1.19 | 1.59 | Buy | DCF |
| 12/14/18 | DMG & Partners | Delfi | 1.31 | 1.59 | Buy | |
| 01/02/19 | DMG & Partners | Delfi | 1.32 | 1.59 | Buy |
Del Monte - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 06/29/18 | Lim & Tan | Del Monte | 0.18 | 0 | Neutral |
Stock calls for 23 January 2019
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/23/19 | OCBC | Capitamall Trust | 2.27 | 2.12 | Hold | |
| 01/23/19 | Phillip | Frasers Centrepoint Trust | 2.27 | 2.21 | Neutral | DDM, PB1.09x FY19 |
| 01/23/19 | DBS Vickers | Frasers Centrepoint Trust | 2.27 | 2.4 | Buy | |
| 01/23/19 | phillip | HMI | 0.540 | 0.77 | Buy | |
| 01/23/19 | CIMB | Keppel Corp | 6.17 | 8.28 | Add | |
| 01/23/19 | Phillip | Keppel DC Reit | 1.44 | 1.52 | Accumulate | DDM |
| 01/23/19 | CIMB | Keppel DC Reit | 1.44 | 1.51 | Add | DDM |
| 01/23/19 | OCBC | Keppel DC Reit | 1.44 | 1.6 | Buy | |
| 01/23/19 | DBS Vickers | Keppel DC Reit | 1.44 | 1.6 | Buy | |
| 01/23/19 | DBS Vickers | Keppel Infrastructure | 0.515 | 0.58 | buy | DDM |
| 01/23/19 | DBS Vickers | Mapletree Industrial | 1.98 | 2.22 | Buy | PER16.8x FY19 |
| 01/23/19 | DIR | Mapletree Industrial | 1.98 | 1.78 | Underperform | |
| 01/23/19 | DBS Vickers | Mapletree Logistics | 1.34 | 1.5 | Buy | |
| 01/23/19 | Kim Eng | Mapletree Logistics | 1.34 | 1.3 | Hold | DDM |
| 01/23/19 | CIMB | Mapletree Logistics | 1.34 | 1.44 | Add | DDM |
| 01/23/19 | phillip | Q & M | 0.495 | 0.513 | Neutral | |
| 01/23/19 | phillip | Raffles Medical | 1.11 | 1.16 | Accumulate | |
| 01/23/19 | CIMB | Sembcorp Industries | 2.69 | 3.49 | Add | |
| 01/23/19 | phillip | Singapore O&G | 0.34 | 0.42 | Buy | |
| 01/23/19 | DBS Vickers | Soilbuild Reit | 0.62 | 0.65 | Buy | DCF |
| 01/23/19 | OCBC | Soilbuild Reit | 0.62 | 0.62 | Hold | |
| 01/23/19 | Jefferies | Soilbuild Reit | 0.62 | 0.62 | Hold | |
| 01/23/19 | CIMB | ST Engineering | 3.66 | 3.94 | Add | |
| 01/23/19 | OCBC | Suntec Reit | 1.86 | 1.83 | Hold |
BOE: Cryptos fail financial tests and are worthless.
https://cointelegraph.com/news/bank-of-england-adviser-cryptocurrencies-fail-basic-financial-tests-lack-value
Well, the truth hurts for the crypto proponents. We also share the same sentiment and we don't have any vested interest in any crypto. Please read our crypto postings.
http://sg-stock.blogspot.com/2019/01/the-charades-of-cryptocurrency.html
Well, the truth hurts for the crypto proponents. We also share the same sentiment and we don't have any vested interest in any crypto. Please read our crypto postings.
http://sg-stock.blogspot.com/2019/01/the-charades-of-cryptocurrency.html
Tuesday, January 22, 2019
DBS Bank - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/02/18 | UOB Kay Hian | DBS | 24.85 | 26.1 | Buy | GGM, PB1.38x FY18 |
| 01/05/18 | UOB Kay Hian | DBS | 26.5 | 29.5 | Buy | GGM, PB1.56x FY18 |
| 01/08/18 | DMG & Partners | DBS | 26.32 | 23.33 | Neutral | |
| 01/09/18 | Deutsche | DBS | 26.45 | 27.1 | Hold | |
| 01/10/18 | phillip | DBS | 26.51 | 29.3 | Buy | |
| 02/01/18 | OCBC | DBS | 26.4 | 29.5 | Buy | PB1.45x FY18 |
| 02/02/18 | UOB Kay Hian | DBS | 26.61 | 28.38 | Buy | |
| 02/08/18 | Macquarie | DBS | 25.36 | 27.5 | Outperform | |
| 02/08/18 | Lim & Tan | DBS | 25.36 | 0 | Buy | |
| 02/08/18 | DMG & Partners | DBS | 25.36 | 25 | Neutral | PB1.3x FY18 |
| 02/08/18 | Jefferies | DBS | 25.36 | 32.5 | Buy | |
| 02/09/18 | Kim Eng | DBS | 26.71 | 29.66 | Hold | |
| 02/09/18 | UOB Kay Hian | DBS | 26.71 | 30.4 | Buy | GGM, PB1.62x FY18 |
| 02/09/18 | CIMB | DBS | 26.71 | 29 | Add | GGM, PB1.5x FY18, PER11.6x FY19 |
| 02/12/18 | phillip | DBS | 26.71 | 29.3 | Buy | GGM, PB1.58x |
| 02/22/18 | UBS | DBS | 29.45 | 35 | Buy | |
| 03/02/18 | UOB Kay Hian | DBS | 28.8 | 30.4 | Buy | |
| 03/05/18 | OCBC | DBS | 28.41 | 32.53 | Buy | PB1.7x |
| 03/05/18 | Credit Suisse | DBS | 28.41 | 31.1 | Outperform | |
| 03/15/18 | DMG & Partners | DBS | 29.12 | 27 | Neutral | GGM, PB1.39x FY18 |
| 03/20/18 | Kim Eng | DBS | 28.07 | 29.66 | Hold | |
| 03/22/18 | Lim & Tan | DBS | 28.4 | 0 | Buy | |
| 04/03/18 | UOB Kay Hian | DBS | 27.32 | 30.4 | Buy | |
| 04/16/18 | Credit Suisse | DBS | 28.42 | 35.5 | Buy | |
| 04/19/18 | UOB Kay Hian | DBS | 29.36 | 31.08 | Buy | GGM, PB1.7x FY18 |
| 04/20/18 | CIMB | DBS | 29.92 | 33 | Add | GGM, PB1.7x FY18 |
| 04/30/18 | DMG & Partners | DBS | 30 | 27 | Neutral | |
| 04/30/18 | OCBC | DBS | 30 | 34.6 | Buy | |
| 04/30/18 | Jefferies | DBS | 30 | 35 | Buy | |
| 05/02/18 | phillip | DBS | 30.84 | 32.7 | Accumulate | GGM, PB1.8x FY18 |
| 05/02/18 | UOB Kay Hian | DBS | 30.84 | 35.5 | Buy | GGM, PB1.82x FY19 |
| 05/02/18 | DMG & Partners | DBS | 30.84 | 29.6 | Neutral | GGM, PB1.51x (ex-div) |
| 05/02/18 | CIMB | DBS | 30.84 | 34 | Add | GGM, PB1.8x FY18 |
| 05/02/18 | Lim & Tan | DBS | 30.84 | 0 | Buy on weakness | |
| 05/02/18 | Kim Eng | DBS | 30.84 | 30.8 | Hold | GGM, PB1.6 FY18 |
| 05/04/18 | Macquarie | DBS | 29.28 | 29.5 | Neutral | |
| 05/08/18 | Goldman Sachs | DBS | 28.97 | 36 | Buy | DDM |
| 06/04/18 | phillip | DBS | 28.3 | 32.7 | Accumulate | |
| 06/04/18 | UOB Kay Hian | DBS | 28.3 | 35.5 | Buy | |
| 06/11/18 | CIMB | DBS | 28.5 | 34 | Add | GGM, PB1.5x CY18 |
| 06/13/18 | OCBC | DBS | 28.48 | 34.6 | Buy | |
| 06/26/18 | UOB Kay Hian | DBS | 26.66 | 30.15 | Buy | GGM, PB1.65x FY18 |
| 06/29/18 | DMG & Partners | DBS | 26.49 | 30.3 | Buy | GGM, PB1.47x FY19 |
| 07/02/18 | phillip | DBS | 26.61 | 32.7 | Accumulate | |
| 07/03/18 | UOB Kay Hian | DBS | 26.38 | 30.15 | Buy | |
| 07/12/18 | OCBC | DBS | 26.01 | 32.67 | Buy | PB1.7x |
| 07/16/18 | DMG & Partners | DBS | 26.25 | 30.3 | Buy | GGM, PB1.47x FY19 |
| 07/18/18 | UOB Kay Hian | DBS | 26.01 | 28.95 | Buy | GGM, PB1.58x FY18 |
| 08/01/18 | phillip | DBS | 26.75 | 32.7 | Accumulate | |
| 08/02/18 | Macquarie | DBS | 26.94 | 29.5 | Neutral | |
| 08/02/18 | DMG & Partners | DBS | 26.94 | 30.3 | Buy | |
| 08/02/18 | Lim & Tan | DBS | 26.94 | 0 | Buy | |
| 08/02/18 | Jefferies | DBS | 26.94 | 31 | Buy | |
| 08/03/18 | UOB Kay Hian | DBS | 26.5 | 28.2 | Hold | GGM, PB1.55x FY18, Buy @ $25.50 |
| 08/03/18 | CIMB | DBS | 26.5 | 28 | Hold | GGM, PB1.4x |
| 08/06/18 | phillip | DBS | 26.15 | 33.32 | Buy | GGM, PB1.7x |
| 09/17/18 | DMG & Partners | DBS | 24.85 | 30.3 | Buy | GGM, PB1.51x FY19 |
| 10/02/18 | phillip | DBS | 25.97 | 33.32 | Buy | |
| 10/11/18 | Jefferies | DBS | 24.95 | 31 | Buy | |
| 10/15/18 | DMG & Partners | DBS | 24.42 | 30.3 | Buy | |
| 10/17/18 | UOB Kay Hian | DBS | 24.24 | 29.5 | Buy | GGM, PB1.53x FY19 |
| 11/01/18 | phillip | DBS | 23.46 | 33.32 | Buy | |
| 11/02/18 | Amfrasers | DBS | 23.95 | 27.7 | Buy | |
| 11/02/18 | UOB Kay Hian | DBS | 23.95 | 29.5 | Buy | GGM, PB1.56x FY19 |
| 11/05/18 | Lim & Tan | DBS | 24.66 | 0 | Buy | |
| 11/07/18 | CIMB | DBS | 24 | 27 | Hold | GGM, PB1.44x FY19 |
| 11/07/18 | OCBC | DBS | 24 | 30.83 | Buy | GGM, PB1.5x |
| 11/07/18 | DMG & Partners | DBS | 24 | 29.8 | Buy | |
| 11/07/18 | Jefferies | DBS | 24 | 29.5 | Buy | PER12.5x FY19 |
| 11/08/18 | Macquarie | DBS | 23.77 | 27 | Neutral | |
| 11/08/18 | phillip | DBS | 23.77 | 29.02 | Buy | GGM, PB1.5x FY19 |
| 12/04/18 | UOB Kay Hian | DBS | 25.11 | 29.5 | Buy | |
| 12/14/18 | DMG & Partners | DBS | 23.92 | 29.8 | Buy | |
| 01/02/19 | DMG & Partners | DBS | 23.69 | 29.8 | Buy | GGM, PB1.54x FY19 |
| 01/03/19 | CIMB | DBS | 23.49 | 27 | Hold | PER10.7x FY20 |
| 01/08/19 | UOB Kay Hian | DBS | 23.75 | 28.5 | Buy |
Dasin Retail - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/16/18 | phillip | Dasin Retail | 0.85 | 0.98 | Buy | DDM |
| 03/02/18 | phillip | Dasin Retail | 0.87 | 0.98 | Buy | DDM |
| 05/25/18 | phillip | Dasin Retail | 0.86 | 0.97 | Buy | DDM |
| 08/14/18 | phillip | Dasin Retail | 0.9 | 0.97 | Accumulate | DDM |
| 10/17/18 | phillip | Dasin Retail | 0.855 | 0.97 | Accumulate | |
| 11/07/18 | phillip | Dasin Retail | 0.86 | 0.95 | Accumulate | DDM |
| 11/13/18 | Soochow | Dasin Retail | 0.855 | 0.97 | Buy |
Dairy Farm - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/04/18 | DMG & Partners | Dairy Farm | 7.9 | 9.53 | Buy | DCF |
| 02/19/18 | DMG & Partners | Dairy Farm | 8.38 | 9.53 | Buy | DCF |
| 03/09/18 | CIMB | Dairy Farm | 8.21 | 8.4 | Hold | PER21x CY19 |
| 03/12/18 | phillip | Dairy Farm | 8.03 | 9.83 | Buy | Sum of parts |
| 03/12/18 | Lim & Tan | Dairy Farm | 8.03 | 0 | Hold | PER20x & 2.62% yield |
| 03/13/18 | DBS Vickers | Dairy Farm | 8.09 | 9.54 | Buy | Sum of parts |
| 03/27/18 | DMG & Partners | Dairy Farm | 9.1 | 9.16 | Buy | DCF |
| 03/28/18 | DBS Vickers | Dairy Farm | 8 | 9.77 | Buy | Sum of parts |
| 04/16/18 | phillip | Dairy Farm | 8.27 | 9.83 | Buy | |
| 04/16/18 | DMG & Partners | Dairy Farm | 8.27 | 9.16 | Buy | |
| 05/21/18 | DMG & Partners | Dairy Farm | 8.6 | 9.66 | Buy | DCF |
| 05/31/18 | CIMB | Dairy Farm | 8.95 | 9.55 | Add | |
| 06/05/18 | DBS Vickers | Dairy Farm | 8.9 | 9.77 | Buy | |
| 06/22/18 | DMG & Partners | Dairy Farm | 8.83 | 9.66 | Buy | |
| 07/16/18 | phillip | Dairy Farm | 9.29 | 9.83 | Buy | |
| 07/27/18 | DBS Vickers | Dairy Farm | 9.23 | 9.35 | Hold | Sum of parts |
| 07/30/18 | DMG & Partners | Dairy Farm | 9.15 | 9.6 | Neutral | DCF |
| 07/30/18 | CIMB | Dairy Farm | 9.15 | 9.55 | Hold | PER23.5x CY19 |
| 08/30/18 | DMG & Partners | Dairy Farm | 9.2 | 9.6 | Neutral | |
| 09/14/18 | CIMB | Dairy Farm | 9.1 | 9.55 | Hold | |
| 10/03/18 | DMG & Partners | Dairy Farm | 9.42 | 9.6 | Buy | |
| 10/08/18 | DMG & Partners | Dairy Farm | 9.15 | 9.6 | Neutral | |
| 10/23/18 | CIMB | Dairy Farm | 8.95 | 9.55 | Hold |
Stock calls for 22 January 2019
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/22/19 | UOB Kay Hian | A-Reit | 2.71 | 3.01 | Buy | |
| 01/22/19 | CIMB | Capitamall Trust | 2.26 | 2.29 | Hold | DDM |
| 01/22/19 | UOB Kay Hian | CDL Hospitality | 1.56 | 1.83 | Buy | |
| 01/22/19 | Amfrasers | CSE Global | 0.43 | 0.57 | Buy | |
| 01/22/19 | DBS Vickers | ESR-Reit | 0.53 | 0.59 | Buy | |
| 01/22/19 | Lim & Tan | Frasers Centrepoint Trust | 2.26 | 0 | Hold | |
| 01/22/19 | OCBC | Frasers Centrepoint Trust | 2.26 | 2.5 | Buy | |
| 01/22/19 | DBS Vickers | Keppel Reit | 1.18 | 1.31 | Buy | DCF |
| 01/22/19 | CIMB | Keppel Reit | 1.18 | 1.34 | Add | DDM |
| 01/22/19 | DMG & Partners | Keppel Reit | 1.18 | 1.06 | Neutral | DDM |
| 01/22/19 | OCBC | Mapletree Logistics | 1.34 | 1.4 | Buy | |
| 01/22/19 | Amfrasers | Sembcorp Marine | 1.66 | 2.5 | Buy |
The charades of cryptocurrency.
When bitcoin was first developed using the rehashed blockchain technology of the late 1990s, it had to have an incredible theme to sell to lure investors into buying something that was worthless.
Thus, the crypto proponents used the limited supply concept of bitcoin to entice investors to buy into the "Too good to be true" theme. As the proponents and the ignorant investors didn't have a true understanding of the economic principles of demand and supply, the investors were taken in because they thought that the demand and supply had a direct inverse relationship. They thought the declining mining supply would drive up the bitcoin prices to astronomical levels. As the bitcoin prices started to rise dramatically, the proponents had to concoct another story to drive the bitcoin further into the stratosphere. Therefore, they preyed on the psychological mindsets with the "Fear of missing out (FOMO)" theme. They claimed that more merchants and other retail investors are entering the crypto markets because crypto was going to revolutionize the world. It worked marvellously until bitcoin reached almost US$20,000.
Then, the harsh reality of market forces started to creep in and bitcoin prices started to fall tremendously. Those proponents didn't give up and come up with another theme again. This time, they proclaimed that the financial institutions and fund managers would enter the crypto market soon and this would cause bitcoin to spike. However, the truth was that any serious financial institution would develop its own private blockchain instead because of privacy and security concerns and the private blockchain couldn't be mined or interconnected with the public blockchain.
http://sg-stock.blogspot.com/2018/09/the-private-blockchain-will-cannibalize.html
As you can see, the proponents keep shifting the goal poles to lure investors to invest in crypto and will continue to do so. Subsequently, these proponents do not use the original rationale of limited supply concept to talk up the bitcoin prices anymore. Conversely, they will continue to keep talking up the bitcoin prices and won't warn the investors about the downfalls.
Ask yourself the following questions now.
Did the proponents warn you about the potential price fall when bitcoin was near US$20k? NO!
Did the proponents warn you about future price fall when bitcoin was at US$10k? NO!
Did the proponents warn you about further price fall when bitcoin was at US$5k? NO!
For your information, the bitcoin price is around US$3,500 now.
When the prices fell by 50% each time, they only encouraged you to buy more instead. Why would you still want to trust or believe in them then? Blind faith is a dangerous thing and will cause you big financial losses.
Please read our posting below to have a proper understanding of cryptocurrency before you really want to invest in crypto.
http://sg-stock.blogspot.com/2018/11/a-financial-analysis-on-initial-coin.html
Thus, the crypto proponents used the limited supply concept of bitcoin to entice investors to buy into the "Too good to be true" theme. As the proponents and the ignorant investors didn't have a true understanding of the economic principles of demand and supply, the investors were taken in because they thought that the demand and supply had a direct inverse relationship. They thought the declining mining supply would drive up the bitcoin prices to astronomical levels. As the bitcoin prices started to rise dramatically, the proponents had to concoct another story to drive the bitcoin further into the stratosphere. Therefore, they preyed on the psychological mindsets with the "Fear of missing out (FOMO)" theme. They claimed that more merchants and other retail investors are entering the crypto markets because crypto was going to revolutionize the world. It worked marvellously until bitcoin reached almost US$20,000.
Then, the harsh reality of market forces started to creep in and bitcoin prices started to fall tremendously. Those proponents didn't give up and come up with another theme again. This time, they proclaimed that the financial institutions and fund managers would enter the crypto market soon and this would cause bitcoin to spike. However, the truth was that any serious financial institution would develop its own private blockchain instead because of privacy and security concerns and the private blockchain couldn't be mined or interconnected with the public blockchain.
http://sg-stock.blogspot.com/2018/09/the-private-blockchain-will-cannibalize.html
As you can see, the proponents keep shifting the goal poles to lure investors to invest in crypto and will continue to do so. Subsequently, these proponents do not use the original rationale of limited supply concept to talk up the bitcoin prices anymore. Conversely, they will continue to keep talking up the bitcoin prices and won't warn the investors about the downfalls.
Ask yourself the following questions now.
Did the proponents warn you about the potential price fall when bitcoin was near US$20k? NO!
Did the proponents warn you about future price fall when bitcoin was at US$10k? NO!
Did the proponents warn you about further price fall when bitcoin was at US$5k? NO!
For your information, the bitcoin price is around US$3,500 now.
When the prices fell by 50% each time, they only encouraged you to buy more instead. Why would you still want to trust or believe in them then? Blind faith is a dangerous thing and will cause you big financial losses.
Please read our posting below to have a proper understanding of cryptocurrency before you really want to invest in crypto.
http://sg-stock.blogspot.com/2018/11/a-financial-analysis-on-initial-coin.html
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