SBS Transit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/11/21	CIMB	SBS Transit	2.97	3.6	Add
03/08/21	CIMB	SBS Transit	3.02	3.6	Add
05/11/21	CIMB	SBS Transit	3.06	3.5	Add
08/13/21	CIMB	SBS Transit	3	3.5	Add	PER13.2x CY21
09/02/21	DBS Vickers	SBS Transit	3.03	3.44	Hold	PB1.74x
11/05/21	DBS Vickers	SBS Transit	3	3.44	Hold
11/12/21	DBS Vickers	SBS Transit	2.98	3.39	Hold	PB1.74x
03/02/22	CIMB	SBS Transit	2.92	3.4	Add

Stock calls for 29 April 2022

Date	Analyst	Company	Last	Target	Call	Valuation
04/29/22	Kim Eng	AIMS AMP Cap Ind Reit	1.43	1.7	Buy	DDM
04/29/22	DBS Vickers	Cosco	0.24	0.26	Hold	PB1x FY22
04/29/22	OCBC	DBS	33.01	40	Buy
04/29/22	Lim & Tan	DBS	33.01	40	Accumulate
04/29/22	CIMB	ESR-Reit	0.41	0.474	Add	DDM
04/29/22	UOB Kay Hian	Far East Hospitality	0.68	0.82	Buy	DDM
04/29/22	CIMB	Far East Hospitality	0.68	0.78	Add
04/29/22	Kim Eng	Far East Hospitality	0.68	0.8	Buy
04/29/22	DBS Vickers	Far East Hospitality	0.68	0.78	Buy
04/29/22	Citi Research	Far East Hospitality	0.68	0.7	Buy
04/29/22	Phillip	Frasers Centrepoint Trust	2.47	2.71	Accumulate	DDM
04/29/22	Citi Research	Genting	0.81	1.01	Buy
04/29/22	DMG & Partners	Japan Foods	0.42	0.55	Buy	Sum of parts
04/29/22	OCBC	Keppel Corp	6.86	8.78	Buy
04/29/22	CIMB	Mapletree Logistics	1.78	2.1	Add	DDM
04/29/22	Lim & Tan	OCBC	11.96	14	Accumulate
04/29/22	OCBC	Sembcorp Marine	0.108	0.11	Sell
04/29/22	UOB Kay Hian	Sheng Siong	1.53	1.69	Hold	PER20x FY22
04/29/22	phillip	Sheng Siong	1.53	1.75	Buy
04/29/22	DBS Vickers	Starhill	0.595	0.75	Buy
04/29/22	OCBC	UOB	30.14	36.5	Buy
04/29/22	Lim & Tan	UOB	30.14	36.04	Accumulate

Is the US facing a recession soon?

https://finance.yahoo.com/news/deutsche-bank-just-predicted-major-200149855.html

Deutsche Bank has projected a major recession in the US starting from late 2023 to early 2024.  Why?

Things are not looking good for the US because the FED has to hike its FED rate aggressively and reduce the US liquidity significantly.

The latest GDP numbers also look gloomy.

Quarterly GDP: -1.4%

The Q1 2022 GDP has crashed to -1.4% from 6.9% in Q4 2021.

The significant drop in the GDP is not unexpected because the PMI and trucker rejection rate have dropped to a yearly low.

http://sg-stock.blogspot.com/2022/04/us-ism-mpi-decreased-to-571-in-march.html

http://sg-stock.blogspot.com/2022/04/is-us-consumer-demand-collapsing.html

SATS - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/04/21	DBS Vickers	SATS	3.98	4.5	Buy
01/04/21	Citi Research	SATS	3.98	4.7	Buy
02/02/21	CIMB	SATS	3.85	4.3	Add	DCF
02/02/21	DBS Vickers	SATS	3.85	4.5	Buy
02/11/21	UOB Kay Hian	SATS	4.09	3.96	Hold	DCF
02/15/21	OCBC	SATS	4.12	4.95	Buy
03/19/21	UOB Kay Hian	SATS	4.56	4.27	Hold	EV/Invested capital basis
05/28/21	CIMB	SATS	3.86	4.3	Add	DCF
05/28/21	UOB Kay Hian	SATS	3.86	4.09	Hold
05/31/21	OCBC	SATS	3.97	4.84	Buy
06/02/21	DBS Vickers	SATS	4.03	4.5	Buy
06/09/21	Lim & Tan	SATS	4.05	0	Hold
06/10/21	UOB Kay Hian	SATS	4.08	4.09	Hold
07/23/21	CIMB	SATS	3.87	4.3	Add	DCF
07/23/21	Lim & Tan	SATS	3.87	0	Hold
07/26/21	OCBC	SATS	3.87	4.8	Buy
09/28/21	DBS Vickers	SATS	4.16	4.5	Buy
09/28/21	OCBC	SATS	4.16	4.8	Buy
10/11/21	Citi Research	SATS	4.17	4.7	Buy
10/18/21	CIMB	SATS	4.35	4.66	Hold
10/25/21	UOB Kay Hian	SATS	4.28	4.09	Hold
11/15/21	CIMB	SATS	4.14	4.32	Hold
11/16/21	DBS Vickers	SATS	4.1	4.9	Buy	DCF
11/24/21	Lim & Tan	SATS	4.1	4.81	Buy
02/24/22	DBS Vickers	SATS	4.18	4.9	Buy
02/25/22	Citi Research	SATS	3.97	4.6	Buy
02/25/22	CIMB	SATS	3.97	4.34	Hold
03/11/22	CIMB	SATS	3.9	4.77	Add	DCF
03/28/22	DBS Vickers	SATS	4.24	4.9	Buy
03/29/22	UOB Kay Hian	SATS	4.38	4.65	Buy	DCF
04/25/22	UOB Kay Hian	SATS	4.47	4.85	Buy