Coliwoo - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
11/03/25	Lim & Tan	Coliwoo	0.6	0.8	Subscribe	PER15.4x FY26 & DCF
11/27/25	Lim & Tan	Coliwoo	0.56	0.8	Accumulate on weakness
12/19/25	Lim & Tan	Coliwoo	0.55	0.8	Accumulate
01/08/26	Lim & Tan	Coliwoo	0.56	0.8	Accumulate
01/09/26	Kim Eng	Coliwoo	0.56	0.74	Buy	PER
01/09/26	Tickrs Financial	Coliwoo	0.56	0.7	Buy
01/15/26	CIMB	Coliwoo	0.58	0.74	Add	PER
01/23/26	DBS Vickers	Coliwoo	0.61	0.88	Buy	Sum of parts
01/23/26	DMG & Partners	Coliwoo	0.61	0.82	Buy
02/02/26	Kim Eng	Coliwoo	0.6	0.74	Buy	PER
04/23/26	DMG & Partners	Coliwoo	0.49	0.85	Buy
04/27/26	Kim Eng	Coliwoo	0.475	0.74	Buy	PER12x FY27
05/25/26	CIMB	Coliwoo	0.5	0.74	Add	DCF
07/07/26	Kim Eng	Coliwoo	0.48	0.74	Buy	PER12x FY27

Stock calls for 27 July 2026

Date	Analyst	Company	Last	Target	Call	Valuation
07/27/26	DBS Vickers	CSE Global	1.02	1.4	Buy	EV/Ebitda
07/27/26	CIMB	CSE Global	1.02	2	Add	PER
07/27/26	phillip	Elite ComReit	0.31	0.41	Buy	DDM
07/27/26	DBS Vickers	Ifast Corp	9.28	12.15	Buy	Sum of parts
07/27/26	Phillip	Keppel DC Reit	2.25	2.46	Accumulate	DDM
07/27/26	UOB Kay Hian	Mapletree Industrial	1.93	2.07	Hold	DDM
07/27/26	phillip	Prime US Reit	0.155	0.32	Buy	DDM
07/27/26	DBS Vickers	Raffles Medical	0.95	1.25	Buy	PER30x FY26
07/27/26	DBS Vickers	Seatrium	2.13	3	Buy	PB1.35x FY26
07/27/26	DBS Vickers	Singtel	4.39	5.46	Buy	Sum of parts (10% disc)
07/27/26	DBS Vickers	Starhub	1.02	1.4	Buy	Sum of parts
07/27/26	Phillip	Stoneweg Reit	1.57	1.89	Buy	DDM
07/27/26	UOB Kay Hian	Suntec Reit	1.52	1.75	Buy	DDM
07/27/26	Phillip	Suntec Reit	1.52	1.69	Accumulate	DDM
07/27/26	DBS Vickers	Suntec Reit	1.52	1.7	Buy
07/27/26	Phillip	United Hampshire	0.52	0.69	Buy	DDM

The Iran war situation report. - Part 94

Why did the US halt its strikes first?

The US halted its strikes against Iran because it was running out of missiles and also is suffering massive military losses (fighter jets, drones, weaponry) that are caused by Iran strikes.  Furthermore, there's no strategic targets to hit anymore in Iran as most of the strategic assets are deep underground and the US can't reach them.

Conversely, Iran also stopped its retaliation to preserve its weaponry for future strikes against the US.

Just as we've projected, the US couldn't defeat Iran just by some airstrikes and bombings, and Iran won't relent until justic is served.

Consequently, the underdog, Houthis (Yemen), has participated in the Iran war by bombing Saudi Arabia's oil refinery in addition to its red sea blockage.

It looks like the gulf situation is escalating and getting out of control.  If the US doesn't stop this illegal war, things may go south in a fast and furious manner.

The Iran war situation report. - Part 93

Trump has carried out his threats (wider Iranian attacks) by bombing Iran from south to north.

Despite the incessant US bombings and missile strikes, Iran has rejected the US peace deal propositon because Iran knows that it can outlast the US and the US allies in the Gulf.  This proves that Iran is adamant and has a strong resolve to degrade the US military power in the Gulf.  Thereafter, the US will stop when it runs out of its missiles and bombs.

CNMC - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/15/25	phillip	CNMC	0.64	0.7	Buy	DCF, PER9.1x FY25
09/04/25	SAC Capital	CNMC	0.775	1.13	Buy	PER
10/03/25	phillip	CNMC	1.15	1.34	Buy	DCF, PER12.2x FY25
01/19/26	phillip	CNMC	1.16	1.47	Buy	PER11.2x
01/21/26	Lim & Tan	CNMC	1.24	1.53	Buy	PER12.2x FY26
03/03/26	phillip	CNMC	1.99	2.34	Buy
03/16/26	SAC Capital	CNMC	1.71	2.41	Buy
07/10/26	Lim & Tan	CNMC	1.17	1.9	Buy	PER

Civmec - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/29/25	Lim & Tan	Civmec	0.945	0	Accumulate on weakness
10/07/25	Lim & Tan	Civmec	1.14	0	Accumulate
01/05/26	Lim & Tan	Civmec	1.16	1.35	Accumulate
02/13/26	Lim & Tan	Civmec	1.36	0	Accumulate on weakness
05/18/26	Lim & Tan	Civmec	1.47	0	Accumulate on weakness
06/08/26	Lim & Tan	Civmec	1.56	1.61	Accumulate on weakness

City Developments - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/14/25	UOB Kay Hian	City Developments	6.8	8.5	Buy	PB0.8x
08/14/25	DBS Vickers	City Developments	6.8	9	Buy	RNAV (50% disc)
08/14/25	Lim & Tan	City Developments	6.8	6.8	Hold
08/18/25	phillip	City Developments	6.63	8.34	Buy	RNAV (35% disc)
10/08/25	DBS Vickers	City Developments	7.13	9	Buy	RNAV (50% disc)
10/08/25	JPM	City Developments	7.13	8.2	Overweight
11/18/25	CIMB	City Developments	7.31	8.97	Add	RNAV
11/18/25	Lim & Tan	City Developments	7.31	8.51	Hold
11/20/25	phillip	City Developments	7.22	8.34	Buy	RNAV (35% disc)
11/20/25	HSBC	City Developments	7.22	11	Overweight
11/20/25	Citi Research	City Developments	7.22	9.01	Buy	RNAV (40% disc)
11/26/25	DMG & Partners	City Developments	7.09	8.5	Buy
12/04/25	Lim & Tan	City Developments	7.31	8.12	Hold
12/22/25	DMG & Partners	City Developments	7.98	8.5	Buy
01/05/26	UOB Kay Hian	City Developments	8.02	8.5	Buy	PB0.8x
01/05/26	DMG & Partners	City Developments	8.02	9.5	Buy
01/07/26	JPM	City Developments	8.39	10.75	Overweight
01/16/26	DBS Vickers	City Developments	8.95	11.8	Buy	RNAV (35% disc)
01/21/26	UOB Kay Hian	City Developments	9.1	11.5	Buy	RNAV (15% disc)
01/21/26	Lim & Tan	City Developments	9.1	8.69	Hold
02/02/26	UOB Kay Hian	City Developments	9.28	11.5	Buy	RNAV (15% disc)
02/02/26	DBS Vickers	City Developments	9.28	11.8	Buy	RNAV (35% disc)
02/02/26	Citi Research	City Developments	9.28	12.63	Buy
03/02/26	UOB Kay Hian	City Developments	9.82	11.5	Buy	RNAV (15% disc)
03/02/26	DBS Vickers	City Developments	9.82	12	Buy	RNAV (35% disc)
03/02/26	Lim & Tan	City Developments	9.82	10.22	Accumulate on weakness
03/05/26	phillip	City Developments	9.16	11.32	Buy	RNAV (25% disc)
03/16/26	JPM	City Developments	9.03	8.7	Neutral
04/01/26	Lim & Tan	City Developments	8.21	10.28	Accumulate on weakness
04/23/26	DMG & Partners	City Developments	8.77	11.2	Buy
04/23/26	Citi Research	City Developments	8.77	11.53	Buy	RNAV (17% disc)
05/04/26	UOB Kay Hian	City Developments	8.16	11.5	Buy	RNAV (15% disc)
05/19/26	DBS Vickers	City Developments	7.84	12	Buy	RNAV (35% disc)
05/25/26	phillip	City Developments	8.17	11.32	Buy	RNAV (25% disc)
06/02/26	DMG & Partners	City Developments	8.58	11.2	Buy
06/03/26	UOB Kay Hian	City Developments	8.44	11.5	Buy	RNAV (15% disc)
06/16/26	JPM	City Developments	8.63	10.45	Overweight

Stock calls for 24 July 2026

Date	Analyst	Company	Last	Target	Call	Valuation
07/24/26	DMG & Partners	CSE Global	1.24	1.94	Buy
07/24/26	UOB Kay Hian	Keppel DC Reit	2.3	2.95	Buy	DDM
07/24/26	DBS Vickers	Keppel DC Reit	2.3	2.8	Buy
07/24/26	DBS Vickers	Mapletree Industrial	1.93	2.05	Hold	DCF
07/24/26	Lim & Tan	Mapletree Industrial	1.93	2.02	Hold
07/24/26	phillip	OUE Commercial	0.38	0.45	Buy	DDM
07/24/26	DBS Vickers	SGX	23.7	26.4	Buy	PER34x FY27
07/24/26	UOB Kay Hian	SIA Engineering	3.27	3.75	Buy	PER21.2x FY28
07/24/26	DBS Vickers	SIA Engineering	3.27	3.8	Buy	PER21x FY27 & DCF
07/24/26	CIMB	SIA Engineering	3.27	3.8	Add
07/24/26	DBS Vickers	Suntec Reit	1.51	1.6	Buy
07/24/26	OCBC	Suntec Reit	1.51	1.46	Hold
07/24/26	Lim & Tan	Suntec Reit	1.51	1.7	Accumulate