Stock calls for 1 April 2026

Date	Analyst	Company	Last	Target	Call	Valuation
04/01/26	UOB Kay Hian	ART	0.88	1.42	Buy	DDM
04/01/26	CIMB	BRC Asia	4.67	5.4	Add
04/01/26	Uob Kay Hian	Capitaland Integrated Commercial Trust	2.35	2.95	Buy	DDM
04/01/26	Lim & Tan	City Developments	8.21	10.28	Accumulate on weakness
04/01/26	UOB Kay Hian	Frasers Centrepoint Trust	2.18	2.9	Buy	DDM
04/01/26	UOB Kay Hian	Frasers Logistics	0.895	1.22	Buy	DDM
04/01/26	UOB Kay Hian	Keppel DC Reit	2.18	2.82	Buy	DDM
04/01/26	UOB Kay Hian	Keppel Reit	0.89	1.15	Buy	DDM
04/01/26	Phillip	Lion-Phillip	0.802	0.9	Accumulate	Sum of parts
04/01/26	UOB Kay Hian	Mapletree Commercial	1.32	1.84	Buy	DDM
04/01/26	UOB Kay Hian	Mapletree Industrial	1.94	2.22	Hold	DDM
04/01/26	UOB Kay Hian	Mapletree Logistics	1.15	1.38	Hold	DDM
04/01/26	UOB Kay Hian	NTT DC Reit	0.915	1.42	Buy	DDM
04/01/26	DBS Vickers	NTT DC Reit	0.915	1.2	Buy	DCF
04/01/26	UOB Kay Hian	Parkway Life	4	5.45	Buy	DDM
04/01/26	Lim & Tan	Reclaims Global	0.215	0.29	Accumulate	Ex-bonus
04/01/26	phillip	SIA Engineering	3.24	4.14	Accumulate
04/01/26	UOB Kay Hian	United Hampshire	0.505	0.72	Buy	DDM

The Iran war situation report. - Part 34

According to this Iranian professor, the Iran war won't end so soon because Iran won't be cowered into any form of submission.  Instead, Iran will escalate the war when the US does it.

As long as the supreme leader doesn't agree to negotiate or doesn't back down, the Iran war will continue because the Iranian president doesn't have any executive power to dictate the outcome since the presidency is just a titular position.

Addvalue - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation	Remark
02/19/26	Kim Eng	Addvalue	0.083	0.12	Buy	PER35x FY27/28
03/20/26	Kim Eng	Addvalue	0.086	0.12	Buy	PER35x FY27/28

Ascendas Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/06/25	UOB Kay Hian	A-Reit	2.55	3.51	Buy	DDM
04/01/25	UOB Kay Hian	A-Reit	2.67	3.51	Buy	DDM
04/17/25	DMG & Partners	A-Reit	2.62	3.2	Buy	DDM
04/29/25	DBS Vickers	A-Reit	2.68	3.2	Buy	DCF
04/29/25	OCBC	A-Reit	2.68	3.21	Buy
05/21/25	UOB Kay Hian	A-Reit	2.58	3.51	Buy	DDM
05/28/25	Lim & Tan	A-Reit	2.61	3.12	Accumulate
05/29/25	CIMB	A-Reit	2.61	3.1	Add	DDM
06/13/25	DBS Vickers	A-Reit	2.6	3.2	Buy	DCF
06/18/25	UOB Kay Hian	A-Reit	2.64	3.58	Buy	DDM
06/27/25	UOB Kay Hian	A-Reit	2.66	4.02	Buy	DDM
07/16/25	CIMB	A-Reit	2.75	3.1	Add	DDM
08/01/25	UOB Kay Hian	A-Reit	2.79	4.02	Buy	DDM
08/05/25	CIMB	A-Reit	2.88	3.15	Add	DDM
08/05/25	Lim & Tan	A-Reit	2.88	3.15	Accumulate on weakness
08/06/25	DMG & Partners	A-Reit	2.75	3.2	Buy	DDM
09/01/25	UOB Kay Hian	A-Reit	2.72	4.02	Buy	DDM
10/01/25	UOB Kay Hian	A-Reit	2.79	4.02	Buy	DDM
10/07/25	DBS Vickers	A-Reit	2.85	3.2	Buy	DCF
10/07/25	Lim & Tan	A-Reit	2.85	3.15	Accumulate on weakness
10/30/25	DMG & Partners	A-Reit	2.87	3.2	Buy	DDM
11/03/25	UOB Kay Hian	A-Reit	2.82	4.02	Buy	DDM
11/03/25	DBS Vickers	A-Reit	2.82	3.2	Buy	DCF
11/03/25	CIMB	A-Reit	2.82	3.27	Add	DDM
11/03/25	Lim & Tan	A-Reit	2.82	3.18	Accumulate on weakness
12/01/25	UOB Kay Hian	A-Reit	2.81	4.02	Buy	DDM
12/22/25	DMG & Partners	A-Reit	2.79	3.2	Buy	DDM
12/30/25	Lim & Tan	A-Reit	2.82	3.27	Accumulate on weakness
01/02/26	UOB Kay Hian	A-Reit	2.83	4.02	Buy	DDM
01/05/26	UOB Kay Hian	A-Reit	2.83	4.02	Buy	DDM
01/19/26	DBS Vickers	A-Reit	2.86	3.2	Buy	DCF
02/06/26	DBS Vickers	A-Reit	2.86	3.2	Buy	DCF
02/06/26	CIMB	A-Reit	2.86	3.21	Add	DDM
02/09/26	UOB Kay Hian	A-Reit	2.8	3.7	Buy	DDM
02/13/26	DMG & Partners	A-Reit	2.7	3.2	Buy	DDM
03/10/26	UOB Kay Hian	A-Reit	2.54	3.7	Buy	DDM
03/24/26	Lim & Tan	A-Reit	2.5	3.22	Accumulate

17Live Group - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/04/25	Phillip	17Live Group	0.845	1.28	Buy	DCF
03/05/25	Lim & Tan	17Live Group	0.83	1.28	Accumulate
07/11/25	Lim & Tan	17Live Group	1.09	1.3	Accumulate
08/14/25	Phillip	17Live Group	1.05	1.28	Buy	DCF
10/13/25	Phillip	17Live Group	0.96	1.45	Buy	DCF
01/30/26	Phillip	17Live Group	0.94	1.45	Buy	DCF
03/09/26	Phillip	17Live Group	0.85	1.18	Buy	DCF

Stock calls for 31 March 2026

Date	Analyst	Company	Last	Target	Call	Valuation
03/31/26	UOB Kay Hian	Jardine C&C	35.34	37.1	Buy
03/31/26	DBS Vickers	Thai Beverage	0.43	0.62	Buy	PER14x FY26

The Iran war situation report. - Part 33

This is bad news for Israel.  The anglo-saxons have won by compelling the US government to abandon Israel and the Jews.

The US exit means that Iran has complete sovereignty over the strait of hormuz and all the shippers must pay passage fees to Iran to transit the strait of hormuz.  What does this mean?  The oil and gas prices will rise because of this additional passage fee.  In short, inflation will rear its head again.

Consequently, the Middle East will purge out the US forces because the US has become a liability and not a shield for the gulf states anymore.  The geopolitics in the Middle East will be reset once again.

US inflation looks poised to rise in the future.

The latest 1-year inflation expectation had spiked to 3.8%.

This spike could be caused by the Iran war and the US consumers were expecting higher inflation because of this war.  Thus, there has been some talk about the US Fed raising its rates to contain the US inflation from going out of control.

Zixin - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/08/25	Amfrasers	Zixin	0.028	0.06	Outperform	DCF
06/03/25	phillip	Zixin	0.034	0.06	Buy	DCF
06/10/25	Amfrasers	Zixin	0.033	0.06	Outperform	DCF
09/22/25	phillip	Zixin	0.031	0.06	Buy	DCF
11/11/25	Lim & Tan	Zixin	0.036	0.066	Buy	PER10x FY26
11/28/25	phillip	Zixin	0.034	0.055	Buy	DCF
12/01/25	Amfrasers	Zixin	0.034	0.048	Outperform	DCF
12/02/25	Lim & Tan	Zixin	0.033	0.066	Buy	PER10x FY26

Yeo Hiap Seng - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/11/26	uSMART	Yeo Hiap Seng	0.615	0.643	Hold

Yanlord - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/05/25	DBS Vickers	Yanlord	0.485	0.5	Hold	PB0.17x
08/15/25	DBS Vickers	Yanlord	0.585	0.5	Hold	PB0.17x
08/19/25	DBS Vickers	Yanlord	0.62	0.58	Hold	PB0.2x

Stock calls for 30 March 2026

Date	Analyst	Company	Last	Target	Call	Valuation
03/30/26	Lim & Tan	Beng Kuang Marine	0.385	0	Buy
03/30/26	UOB Kay Hian	DBS	57.15	67.55	Buy	GGM, PB2.73x FY26
03/30/26	DBS Vickers	Elite ComReit	0.335	0.4	Buy	DCF
03/30/26	DBS Vickers	Hong Leong Asia	2.84	3.9	Buy	Sum of parts
03/30/26	DMG & Partners	Ifast Corp	9.22	12.2	Buy
03/30/26	UOB Kay Hian	OCBC	21.57	25.3	Buy	GGM, PB1.79x FY26
03/30/26	Lim & Tan	The Assembly Place	0.24	0.34	Accumulate

Baltic dry index - 2031

Related stock: Seatrium, Cosco & Pan Ocean.

US rig count (weekly) - 543

Related stock: Seatrium & Cosco.

The Iran war situation report. - Part 32

Look like US ground troop invasion is imminent but Iran is ready for it.

This Iran war is going to escalate with this ground troop invasion.

Red alert for bitcoin (BTC)! - Part 12

Our projection for the BTC industy has materialized!  BTC miners and BTC treasuries companies are selling their BTC holdings.

We've been stating this on numerous occasions.