Stock calls for 15 June 2026

Date	Analyst	Company	Last	Target	Call	Valuation
06/15/26	UOB Kay Hian	Bumitama	1.67	2.01	Buy	PER14x FY26
06/15/26	UOB Kay Hian	First Resources	2.83	3.65	Buy	PER12x FY26
06/15/26	Lim & Tan	Innotek	0.64	0	Hold
06/15/26	Lim & Tan	Keppel Infrastructure	0.552	0.58	Accumulate
06/15/26	Amfrasers	Lincotrade	0.32	0.366	outperform	DCF
06/15/26	UOB Kay Hian	UI Boustead	0.79	1.17	Buy	DDM

The Iran war situation report. - Part 76

The peace negotiation has broken down!

Iran doesn't want to negotiate with the US anymore after the Israel's strikes on Beirut.  Trump has to give more to Iran now so that Iran is willing to continue the negotiation and sign the peace deal.

The Iran war situation report. - Part 75

Trump announced that the peace deal would be signed today.  Who will be signing with the US when Iran still disagrees?  Trump is really getting delusional and can't be a US president anymore.

Trump had already disputed that the peace deal was in Iran's favour and Iran won't sign the peace deal unless it was in Iran's favour.

The Iran war situation report. - Part 74

We've stated previously that the US had to relent and give in to Iran's demands to achieve a peace deal.  Trump did exactly what we've projected but he received some severe backlash from the republicans and democrats for caving in to the Iran's demands.  Thereafter, he tried to backtrack and deny the peace deal.

Another thing to note was Trump had left Israel out of the peace deal negotiation.  As stated previously, the anglo-saxons were trying to abandon and decimate Israel (Jews) to take back the control of the US from the Jews in the US and Trump abanonded Israel at the behest of the anglo-saxons.

Last but not least, the UAE had reached a deal with Iran for a non-retaliation deal.  The deal involved the UAE to release the locked up Iran's fund in exchange for an exclusion of any military revanchism (Iran didn't attack UAE for its retaliation).

Baltic dry index - 2818

Related stock: Seatrium, Cosco & Pan Ocean

US rig count (weekly) - 562

 
Related stock: Seatrium & Cosco.

The Iran war situation report. - Part 73

The US is getting very delusional now by insisting that the Iran Deal is closed.

However, Iran has rejected Trump's proclamation.

There is a rumour that the deal is just a MOU and the MOU is not a legal binding contract.  A MOU only represents a common interest between the involved parties.

Sheng Siong - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/03/25	phillip	Sheng Siong	1.64	1.76	Accumulate	PER18x FY25
03/03/25	DBS Vickers	Sheng Siong	1.64	1.9	Buy	PER19x FY25
03/18/25	UOB Kay Hian	Sheng Siong	1.63	1.92	Buy	PER20x FY25
03/18/25	Citi Research	Sheng Siong	1.63	1.9	Buy
04/07/25	Lim & Tan	Sheng Siong	1.65	1.89	Hold
04/08/25	UOB Kay Hian	Sheng Siong	1.59	1.92	Buy	PER20x FY25
04/24/25	DMG & Partners	Sheng Siong	1.76	1.98	Buy
04/30/25	DBS Vickers	Sheng Siong	1.74	1.9	Buy	PER19x FY25
05/02/25	phillip	Sheng Siong	1.76	1.89	Accumulate	PER18x FY25
05/02/25	DBS Vickers	Sheng Siong	1.76	2	Buy	PER19x FY25/26
05/02/25	Citi Research	Sheng Siong	1.76	2.05	Buy	PER20x FY26
05/05/25	UOB Kay Hian	Sheng Siong	1.76	1.97	Buy	PER20x FY25
06/03/25	UOB Kay Hian	Sheng Siong	1.83	1.97	Buy	PER20x FY25
06/10/25	DBS Vickers	Sheng Siong	1.83	2.3	Buy	PER20.9x FY26
06/23/25	OCBC	Sheng Siong	1.89	1.99	Hold
07/03/25	DMG & Partners	Sheng Siong	1.93	2.12	Buy
07/07/25	CIMB	Sheng Siong	1.97	2.21	Add
07/21/25	Kim Eng	Sheng Siong	2.08	2.3	Buy
07/31/25	DBS Vickers	Sheng Siong	2.13	2.3	Buy	PER20.9x FY26
08/01/25	UOB Kay Hian	Sheng Siong	2.1	2.4	Buy	PER23x FY26
08/01/25	phillip	Sheng Siong	2.1	2.3	Accumulate	PER23x FY26
08/01/25	CIMB	Sheng Siong	2.1	2.21	Add
08/06/25	DMG & Partners	Sheng Siong	2.13	2.41	Buy
08/29/25	DBS Vickers	Sheng Siong	2.02	2.3	Buy	PER20.9x FY26
09/26/25	DBS Vickers	Sheng Siong	2.11	2.3	Buy	PER20.9x FY26
10/13/25	Kim Eng	Sheng Siong	2.14	2.3	Buy	PER
10/22/25	DBS Vickers	Sheng Siong	2.18	2.6	Buy	PER23.7x FY26
11/03/25	UOB Kay Hian	Sheng Siong	2.32	2.5	Buy	PER23x FY26
11/03/25	Kim Eng	Sheng Siong	2.32	2.55	Buy
11/03/25	phillip	Sheng Siong	2.32	2.55	Accumulate
12/05/25	DBS Vickers	Sheng Siong	2.62	2.6	Hold	PER23.7x FY26
01/06/26	DBS Vickers	Sheng Siong	2.67	2.6	Hold	PER23.7x FY26
01/06/26	DMG & Partners	Sheng Siong	2.67	3.02	Buy
02/10/26	OCBC	Sheng Siong	2.9	2.89	Hold
02/11/26	DBS Vickers	Sheng Siong	2.85	2.6	Hold	PER23.7x FY26
02/13/26	OCBC	Sheng Siong	2.71	2.89	Buy
03/02/26	DBS Vickers	Sheng Siong	2.63	2.6	Hold	PER24x FY26
03/03/26	phillip	Sheng Siong	2.63	2.82	Accumulate	PER25x
03/03/26	UOB Kay Hian	Sheng Siong	2.63	3	Buy	PER28.5x FY26
03/03/26	CIMB	Sheng Siong	2.63	2.97	Add	PER
03/03/26	Kim Eng	Sheng Siong	2.63	2.9	Buy
04/07/26	Lim & Tan	Sheng Siong	2.94	2.79	Hold
04/08/26	CIMB	Sheng Siong	2.97	3.4	Add	PER
04/30/26	DBS Vickers	Sheng Siong	2.99	2.8	Hold	PER26x FY26
04/30/26	Lim & Tan	Sheng Siong	2.99	3	Accumulate on weakness
05/04/26	UOB Kay Hian	Sheng Siong	3.03	3.4	Buy	PER31x FY27
05/04/26	phillip	Sheng Siong	3.03	3.16	Accumulate	PER28x FY26
05/05/26	DMG & Partners	Sheng Siong	3.04	3.45	Buy

SGX - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
04/10/25	OCBC	SGX	12.12	14.09	Buy
04/30/25	OCBC	SGX	14.15	14.78	Hold
05/21/25	DMG & Partners	SGX	14.11	14.1	Neutral
06/13/25	UOB Kay Hian	SGX	13.86	14.08	Hold	PER23x FY26
06/13/25	Lim & Tan	SGX	13.86	13.48	Hold
06/20/25	Kim Eng	SGX	13.85	16.09	Buy	DCF
06/25/25	DBS Vickers	SGX	13.9	14	Buy
07/07/25	DMG & Partners	SGX	15.17	16	Neutral
07/08/25	CIMB	SGX	15.16	18.3	Add
07/10/25	Citi Research	SGX	15.41	13.1	Sell	DDM
07/31/25	DBS Vickers	SGX	15.71	18.2	Buy
08/08/25	DBS Vickers	SGX	16.34	18.2	Buy	PER28x FY27
08/08/25	Lim & Tan	SGX	16.34	15.21	Hold
08/11/25	UOB Kay Hian	SGX	16.02	16.66	Hold	PER24.9x FY27
08/11/25	phillip	SGX	16.02	16.9	Accumulate	PER26x FY26
08/20/25	DMG & Partners	SGX	16.25	15.9	Neutral
09/15/25	DMG & Partners	SGX	16.57	17.8	Neutral	PER25x FY26
09/16/25	Lim & Tan	SGX	17.05	16.06	Hold
10/14/25	Lim & Tan	SGX	17.43	0	Hold
10/14/25	Kim Eng	SGX	17.43	17.67	Buy
11/28/25	JPM	SGX	16.6	18.15	Overweight
12/12/25	UOB Kay Hian	SGX	16.7	17.3	Hold	PER25.5x FY27
12/12/25	Kim Eng	SGX	16.7	18.81	Buy
12/16/25	MorningStar	SGX	17	15	Overvalued
12/16/25	DMG & Partners	SGX	17	18.5	Neutral
01/12/26	BOA	SGX	17	14.7	Underperform
01/12/26	Lim & Tan	SGX	17.51	17.51	Hold
02/05/26	DBS Vickers	SGX	17.75	19.2	Buy	PER28x FY27
02/06/26	UOB Kay Hian	SGX	17.64	19.16	Hold
02/06/26	DBS Vickers	SGX	17.64	18.3	Accumulate	PER28x FY26
02/06/26	CIMB	SGX	17.64	19.1	Add	PER
02/16/26	DMG & Partners	SGX	18.03	19	Neutral
03/13/26	Lim & Tan	SGX	18.3	19	Hold
04/02/26	BOA	SGX	19.96	20.5	Neutral
04/06/26	JPM	SGX	20	22	Overweight
04/10/26	DBS Vickers	SGX	20.31	22.5	Buy	PER30x FY26/27
04/23/26	DMG & Partners	SGX	21.7	20.3	Neutral
06/11/26	UOB Kay Hian	SGX	21.7	21.7	Hold	PER27.1x FY28
06/11/26	Lim & Tan	SGX	21.7	21.7	Hold