Property Advertisement - One-North Eden Mixed Development Project

Property Advertisement - One-North Eden Mixed Development Project
Click on the banner for more details.

Search This Blog

Friday, April 23, 2021

Why do we need to analyse the ISM for our investments?

I've explained the ISM PMI relationship before.  Please see below.

http://sg-stock.blogspot.com/2019/04/the-us-economy-has-flipped-and-fissures.html

In economic terminology, the process is depicted as follow:
CPI/PPI->M1-M2 spread/3m-10y yield spread->PMI-> GDP

Let's take a look at the chart below.  The chart shows a high correlation between investment and ISM.  Therefore, it is imperative to analyze the ISM PMI to determine the investment trajectory.

Hot news: New covid variant (BV-1) detected in Texas.

https://www.cnbc.com/2021/04/22/new-covid-variant-detected-at-texas-am-lab-shows-signs-of-antibody-resistance-and-more-severe-illness-in-young-people.html

The new variant BV-1 has antibody resistance and also causes more severe illness.

Another bad news is Pfizer scientist has acknowledged that 3rd dose is needed as immunity wanes.  We can't keep on taking more doses when the immunity wanes.  It looks like we need to develop a new vaccine soon.

Let's see if the Pfizer vaccine works on BV-1 or not.

Thursday, April 22, 2021

Mermaid - Stock calls

Date

Analyst

Company

Last

Target

Call

Valuation

07/29/20

Amfrasers

Mermaid

0.07

0.085

Neutral

Sum of parts

Medtecs - Stock calls

Date

Analyst

Company

Last

Target

Call

Valuation

12/08/20

DBS Vickers

Medtecs

0.905

1.3

Buy

PER9.5x FY21/22

03/03/21

DBS Vickers

Medtecs

0.955

1.25

Buy

PER9.5x FY21/22

Marco Polo - Stock calls

Date

Analyst

Company

Last

Target

Call

Valuation

08/27/20

UOB Kay Hian

Marco Polo

0.016

0.02

Buy


Stock calls for 22 April 2021

Date

Analyst

Company

Last

Target

Call

Valuation

04/22/21

DBS Vickers

APAC Realty

0.51

0.61

Buy


04/22/21

DBS Vickers

Aztech

1.38

1.85

Buy

PER17.9x FY21

04/22/21

DBS Vickers

Bukit Sembawang

4.67

5.44

Buy


04/22/21

DBS Vickers

City Developments

7.87

10.5

Buy


04/22/21

Macquarie

DBS

28.4

30

Neutral


04/22/21

DMG & Partners

First Resources

1.47

1.7

Buy


04/22/21

Phillip

Keppel DC Reit

2.69

3.2

Accumulate

DDM

04/22/21

OCBC

Keppel DC Reit

2.69

3.32

Buy


04/22/21

DMG & Partners

Keppel Pacific

0.74

0.84

Buy


04/22/21

CIMB

Keppel Reit

1.21

1.29

Add

DDM

04/22/21

UOB Kay Hian

Keppel Reit

1.21

1.49

Buy


04/22/21

Kim Eng

Keppel Reit

1.21

0.95

Sell


04/22/21

Lim & Tan

Keppel Reit

1.21

0

Hold


04/22/21

CIMB

Mapletree Logistics

1.96

2.1

Hold

DDM

04/22/21

Macquarie

OCBC

11.72

13

Outperform


04/22/21

OCBC

Sembcorp Industries

2.18

2.5

Buy


04/22/21

Macquarie

UOB

25.79

29

Outperform


04/22/21

OCBC

UOL

7.87

8.91

Buy


Wednesday, April 21, 2021

Mapletree North Asia - Stock calls

Date

Analyst

Company

Last

Target

Call

Valuation

05/04/20

CIMB

Mapletree North Asia

0.945

1.26

Add


05/04/20

DBS Vickers

Mapletree North Asia

0.945

1.05

Buy

DCF

06/03/20

DBS Vickers

Mapletree North Asia

0.9

1.05

Buy


06/09/20

OCBC

Mapletree North Asia

0.98

1.13

Buy


07/13/20

OCBC

Mapletree North Asia

0.945

1.13

Buy


07/29/20

DBS Vickers

Mapletree North Asia

0.875

1.05

Buy


07/29/20

OCBC

Mapletree North Asia

0.875

1.09

Buy


07/29/20

CIMB

Mapletree North Asia

0.875

1.12

Add


08/24/20

OCBC

Mapletree North Asia

0.905

1.09

Buy


09/28/20

DBS Vickers

Mapletree North Asia

0.895

1.05

Buy

DCF

09/28/20

CIMB

Mapletree North Asia

0.895

1.15

Add

DDM

09/29/20

OCBC

Mapletree North Asia

0.925

1.09

Buy


10/16/20

OCBC

Mapletree North Asia

0.91

1.09

Buy


11/02/20

OCBC

Mapletree North Asia

0.87

1.04

Buy


11/05/20

DBS Vickers

Mapletree North Asia

0.905

1.05

Buy

DCF

11/06/20

CIMB

Mapletree North Asia

0.915

1.15

Add


02/01/21

CIMB

Mapletree North Asia

0.98

1.15

Add

DDM

02/03/21

OCBC

Mapletree North Asia

0.99

1.06

Buy


03/17/21

OCBC

Mapletree North Asia

0.995

1.06

Buy


03/17/21

DBS Vickers

Mapletree North Asia

0.995

1.2

Buy

DCF

04/05/21

DBS Vickers

Mapletree North Asia

1.06

1.2

Buy