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Saturday, February 23, 2019

Baltic dry index - 634

Today, Friday, February 22 2019, the Baltic Dry Index climbed by 4 points, reaching 634 points.
Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.
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Related stocks: Sembcorp Marine, Cosco & Pan ocean.

US rig count - 1047

The US drilling rig count dropped 4 units to reach 1,047 rigs working for the week ended Feb. 22. The count is up 69 units from the 978 rigs working this time a year ago, according to Baker Hughes data.
Two fewer rigs were drilling on land week-over-week, bringing that number to 1,026. Two fewer rigs were counted offshore, bringing to 19 the total number of units drilling. Inland waters were unchanged at 2 rigs working for the week.
US oil-directed rigs dropped 4 units from last week to 853 units working but remained up from the 799 rigs drilling for oil this week a year ago. Gas-directed rigs remained unchanged at 194, and up from the 179 units drilling for gas a year ago.
Among the major oil and gas-producing states, three saw a single-unit increase week over week: West Virginia, 19; Alaska, 13; and California, 12.
Oklahoma and Louisiana saw rig counts fall 2 units each to 117 and 64, respectively. Dropping a single unit for the week were Texas, 508; New Mexico, 108; and Colorado, 34.
Five states remained unchanged: North Dakota, 57; Pennsylvania, 44; Wyoming, 37; Ohio, 18; and Utah, 8.
Canada dropped 12 rigs for the week. With 212 rigs running, the count is less than the 306 units drilling this week a year ago.
The number of oil-directed rigs in Canada fell by 8 units, bringing the count to 144 rigs for the week. Four fewer gas-directed rigs were drilling, for a total of 68 units for the week.
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Related stocks: Keppel Corp, Sembcorp Marine & Cosco.

Friday, February 22, 2019

Keppel T&T - Stock Calls


Date Analyst Company Last Target Call Valuation
01/25/18 UOB Kay Hian Keppel T&T 1.7 1.9 Buy Sum of parts
04/18/18 UOB Kay Hian Keppel T&T 1.57 1.75 Buy PER30.1x FY19
08/28/18 UOB Kay Hian Keppel T&T 1.4 1.51 Hold Sum of parts, Buy @ $1.36
09/17/18 UOB Kay Hian Keppel T&T 1.34 1.51 Hold Sum of parts, Buy @ $1.30
09/28/18 UOB Kay Hian Keppel T&T 1.36 1.91 Accept Offer Offer $1.91
09/28/18 Lim & Tan Keppel T&T 1.36 0 Take Profit

Keppel Reit - Stock calls


Date Analyst Company Last Target Call Valuation
01/04/18 Deutsche Keppel Reit 1.27 1.25 Hold
01/05/18 DMG & Partners Keppel Reit 1.27 1.05 Neutral
01/24/18 Kim Eng Keppel Reit 1.32 1.19 Hold
01/24/18 UOB Kay Hian Keppel Reit 1.32 1.43 Buy DDM
01/24/18 Credit Suisse Keppel Reit 1.32 0.97 Underperform
01/24/18 CIMB Keppel Reit 1.32 1.34 Hold DDM
01/24/18 DBS Vickers Keppel Reit 1.32 1.41 Buy DCF
01/24/18 DMG & Partners Keppel Reit 1.32 1.06 Sell DDM
02/14/18 Deutsche Keppel Reit 1.18 1.3 Buy
03/19/18 DBS Vickers Keppel Reit 1.21 1.41 Buy
04/19/18 UOB Kay Hian Keppel Reit 1.2 1.43 Buy DDM
04/19/18 DBS Vickers Keppel Reit 1.2 1.41 Buy
04/19/18 Lim & Tan Keppel Reit 1.2 0 Hold
05/17/18 DMG & Partners Keppel Reit 1.18 1.06 Sell
07/17/18 CIMB Keppel Reit 1.14 1.34 Add DDM
07/17/18 UOB Kay Hian Keppel Reit 1.14 1.35 Buy DDM
07/17/18 DBS Vickers Keppel Reit 1.14 1.41 Buy DCF
08/02/18 DBS Vickers Keppel Reit 1.19 1.41 Buy
09/14/18 DBS Vickers Keppel Reit 1.16 1.41 Buy
09/25/18 Deutsche Keppel Reit 1.19 1.3 Buy
10/16/18 UOB Kay Hian Keppel Reit 1.14 1.35 Buy DDM
10/16/18 DMG & Partners Keppel Reit 1.14 1.07 Neutral DDM
10/16/18 DBS Vickers Keppel Reit 1.14 1.41 Buy
10/16/18 CIMB Keppel Reit 1.14 1.34 Add DDM
11/30/18 CIMB Keppel Reit 1.16 1.34 Add DDM
12/03/18 DBS Vickers Keppel Reit 1.15 1.41 Buy
12/03/18 DMG & Partners Keppel Reit 1.15 1.06 Neutral
01/22/19 DBS Vickers Keppel Reit 1.18 1.31 Buy DCF
01/22/19 CIMB Keppel Reit 1.18 1.34 Add DDM
01/22/19 DMG & Partners Keppel Reit 1.18 1.06 Neutral DDM
01/28/19 UOB Kay Hian Keppel Reit 1.18 1.35 Buy

Keppel KBS - Stock calls


Date Analyst Company Last Target Call Valuation
01/15/18 DBS Vickers Keppel KBS 0.905 0.95 Buy DCF
04/19/18 DBS Vickers Keppel KBS 0.885 0.95 Buy
07/19/18 DBS Vickers Keppel KBS 0.88 0.95 Buy DCF
09/25/18 DBS Vickers Keppel KBS 0.78 0.95 Buy
10/19/18 DBS Vickers Keppel KBS 0.73 0.95 Buy
12/07/18 DBS Vickers Keppel KBS 0.56 0.78 Buy DCF
01/02/19 DBS Vickers Keppel KBS 0.61 0.78 Buy DCF
01/28/19 DBS Vickers Keppel KBS 0.68 0.8 Buy DCF

Stock calls for 22 February 2019


Date Analyst Company Last Target Call Valuation
02/22/19 phillip City Developments 9.54 11.82 Accumulate RNAV (30% discount)
02/22/19 OCBC City Developments 9.54 10.68 Buy
02/22/19 DMG & Partners City Developments 9.54 9.2 Neutral RNAV (40% discount)
02/22/19 DBS Vickers City Developments 9.54 9.5 Hold RNAV (40% discount)
02/22/19 CIMB City Developments 9.54 10.66 Add
02/22/19 DMG & Partners CSE Global 0.465 0.6 Buy DCF
02/22/19 CIMB CSE Global 0.465 0.6 Add PER13.5x FY19
02/22/19 UOB Kay Hian CSE Global 0.465 0.62 Buy
02/22/19 DBS Vickers EC World Reit 0.745 0.86 Buy DCF
02/22/19 DBS Vickers First Sponsor 1.27 1.62 Buy RNAV (35% discount)
02/22/19 CIMB Genting 1.11 1.28 Add EV/Ebitda9x CY20
02/22/19 OCBC Genting 1.11 1.31 Buy FCFE
02/22/19 DMG & Partners Genting 1.11 1.22 Buy DCF
02/22/19 UOB Kay Hian Genting 1.11 1.32 Buy
02/22/19 Kim Eng Genting 1.11 1.26 Buy EV/Ebitda9x FY19
02/22/19 DBS Vickers Hi-P 1.05 1.12 Hold
02/22/19 OCBC ST Engineering 3.71 4.01 Buy FCFE
02/22/19 DMG & Partners ST Engineering 3.71 4.1 Buy
02/22/19 UOB Kay Hian ST Engineering 3.71 4.06 Buy
02/22/19 Kim Eng ST Engineering 3.71 4.25 Buy DCF
02/22/19 DMG & Partners UOB 25.98 29.8 Buy PB1.35x FY19
02/22/19 DMG & Partners Wilmar 3.39 3.58 Buy
02/22/19 CIMB Wilmar 3.39 3.96 Add Sum of parts
02/22/19 UOB Kay Hian Wilmar 3.39 3.9 Buy

Thursday, February 21, 2019

Keppel Infrastructure - Stock calls


Date Analyst Company Last Target Call Valuation
01/23/18 UOB Kay Hian Keppel Infrastructure 0.585 0.61 Buy
01/24/18 DBS Vickers Keppel Infrastructure 0.58 0.6 Buy DDM
04/18/18 DBS Vickers Keppel Infrastructure 0.545 0.6 Buy DDM
07/19/18 DBS Vickers Keppel Infrastructure 0.53 0.58 Buy DDM
10/18/18 DBS Vickers Keppel Infrastructure 0.49 0.58 Buy DDM
10/18/18 Lim & Tan Keppel Infrastructure 0.49 0 Hold
11/16/18 DBS Vickers Keppel Infrastructure 0.46 0.58 Buy DDM
11/16/18 Lim & Tan Keppel Infrastructure 0.46 0 Hold
01/23/19 DBS Vickers Keppel Infrastructure 0.515 0.58 buy DDM

Keppel DC Reit - Stock calls


Date Analyst Company Last Target Call Valuation
01/23/18 OCBC Keppel DC Reit 1.47 1.51 Hold
01/23/18 Lim & Tan Keppel DC Reit 1.47 0 Hold
01/23/18 CIMB Keppel DC Reit 1.47 1.44 Hold
01/23/18 DBS Vickers Keppel DC Reit 1.47 1.6 Buy DCF
01/24/18 Phillip Keppel DC Reit 1.46 1.47 Neutral DDM
02/12/18 Phillip Keppel DC Reit 1.34 1.47 Neutral DDM
03/19/18 DBS Vickers Keppel DC Reit 1.4 1.6 Buy
04/03/18 CIMB Keppel DC Reit 1.43 1.52 Add DDM
04/17/18 Phillip Keppel DC Reit 1.46 1.47 Neutral DDM
04/17/18 CIMB Keppel DC Reit 1.46 1.47 Add DDM
04/17/18 OCBC Keppel DC Reit 1.46 1.5 Hold
04/17/18 DBS Vickers Keppel DC Reit 1.46 1.6 Buy
04/17/18 Credit Suisse Keppel DC Reit 1.46 1.56 Outperform
05/08/18 Phillip Keppel DC Reit 1.43 1.51 Accumulate DDM
05/08/18 Deutsche Keppel DC Reit 1.43 1.3 Hold
05/08/18 Credit Suisse Keppel DC Reit 1.43 1.56 Outperform
05/08/18 CIMB Keppel DC Reit 1.43 1.49 Add DDM
05/08/18 OCBC Keppel DC Reit 1.43 1.54 Buy
05/21/18 Phillip Keppel DC Reit 1.36 1.51 Accumulate
06/26/18 DBS Vickers Keppel DC Reit 1.35 1.52 Buy DCF
07/18/18 Phillip Keppel DC Reit 1.35 1.45 Accumulate DDM
07/18/18 OCBC Keppel DC Reit 1.35 1.54 Buy
07/18/18 CIMB Keppel DC Reit 1.35 1.49 Add DDM
07/18/18 DBS Vickers Keppel DC Reit 1.35 1.52 Buy
08/08/18 DBS Vickers Keppel DC Reit 1.39 1.52 Buy
09/04/18 OCBC Keppel DC Reit 1.36 1.54 Buy
09/25/18 Deutsche Keppel DC Reit 1.36 1.55 Buy
10/17/18 Phillip Keppel DC Reit 1.34 1.45 Accumulate DDM
10/17/18 DBS Vickers Keppel DC Reit 1.34 1.52 Buy
10/17/18 OCBC Keppel DC Reit 1.34 1.48 Buy DDM
10/17/18 CIMB Keppel DC Reit 1.34 1.51 Add DDM
11/21/18 Phillip Keppel DC Reit 1.35 1.45 Accumulate
12/03/18 OCBC Keppel DC Reit 1.36 1.48 Buy
12/06/18 DBS Vickers Keppel DC Reit 1.34 1.52 Buy DCF
01/04/19 Phillip Keppel DC Reit 1.36 1.45 Accumulate
01/23/19 Phillip Keppel DC Reit 1.44 1.52 Accumulate DDM
01/23/19 CIMB Keppel DC Reit 1.44 1.51 Add DDM
01/23/19 OCBC Keppel DC Reit 1.44 1.6 Buy
01/23/19 DBS Vickers Keppel DC Reit 1.44 1.6 Buy DCF
02/15/19 Phillip Keppel DC Reit 1.45 1.52 Accumulate

Keppel Corp - Stock calls


Date Analyst Company Last Target Call Valuation
01/02/18 UOB Kay Hian Keppel Corp 7.35 8.75 Buy Sum of parts
01/02/18 CIMB Keppel Corp 7.35 8.58 Add Sum of parts
01/09/18 DBS Vickers Keppel Corp 7.77 9.8 Buy Sum of parts, PB1.3x FY18
01/10/18 Amfrasers Keppel Corp 7.85 8.04 Buy
01/10/18 Deutsche Keppel Corp 7.85 8.5 Buy
01/22/18 OCBC Keppel Corp 8.25 9.32 Buy
01/23/18 DBS Vickers Keppel Corp 8.29 10.3 Buy Sum of parts, PB1.3x FY18
01/26/18 OCBC Keppel Corp 8.58 9.45 Buy
01/26/18 UOB Kay Hian Keppel Corp 8.58 9.3 Buy Sum of parts
01/26/18 DBS Vickers Keppel Corp 8.58 10.2 Buy
01/26/18 Lim & Tan Keppel Corp 8.58 0 Buy on weakness
01/26/18 CIMB Keppel Corp 8.58 10 Add Sum of parts
02/02/18 Deutsche Keppel Corp 8.7 8.4 Hold
02/07/18 CIMB Keppel Corp 8.19 10 Add
02/13/18 UOB Kay Hian Keppel Corp 7.8 9.3 Buy
02/13/18 DBS Vickers Keppel Corp 7.8 10.2 Buy
03/02/18 UOB Kay Hian Keppel Corp 8.01 9.3 Buy
03/05/18 Credit Suisse Keppel Corp 7.87 10 Outperform
03/05/18 CIMB Keppel Corp 7.87 10 Add Sum of parts
03/05/18 OCBC Keppel Corp 7.87 9.45 Buy
03/06/18 DBS Vickers Keppel Corp 7.63 10.2 Buy Sum of parts
03/12/18 Lim & Tan Keppel Corp 7.73 0 Buy
03/12/18 Amfrasers Keppel Corp 7.73 8.04 Buy
03/21/18 UOB Kay Hian Keppel Corp 7.77 9.1 Buy Sum of parts
03/26/18 Morgan Stanley Keppel Corp 7.72 9.45 Overweight Sum of parts, Up from $9.01
04/03/18 CIMB Keppel Corp 7.8 10 Add Sum of parts
04/03/18 UOB Kay Hian Keppel Corp 7.8 9.1 Buy
04/03/18 DBS Vickers Keppel Corp 7.8 10.2 Buy
04/11/18 OCBC Keppel Corp 7.81 9.45 Buy Sum of parts
04/20/18 UOB Kay Hian Keppel Corp 8.07 9 Buy Sum of parts
04/20/18 Lim & Tan Keppel Corp 8.07 0 Hold
04/23/18 Amfrasers Keppel Corp 8.21 9.43 Buy Sum of parts
05/03/18 UOB Kay Hian Keppel Corp 8.15 9 Buy Sum of parts
05/03/18 OCBC Keppel Corp 8.15 9.4 Buy
05/08/18 Credit Suisse Keppel Corp 8.13 10 Outperform
05/22/18 CIMB Keppel Corp 8.19 10 Add Sum of parts
06/04/18 UOB Kay Hian Keppel Corp 7.65 9 Buy
06/05/18 DBS Vickers Keppel Corp 7.75 10.2 Buy
07/03/18 UOB Kay Hian Keppel Corp 7.01 9 Buy Sum of parts
07/03/18 DBS Vickers Keppel Corp 7.01 10.2 Buy
07/09/18 DBS Vickers Keppel Corp 6.58 9.1 Buy Sum of parts
07/11/18 CIMB Keppel Corp 6.77 8.81 Add Sum of parts
07/20/18 DBS Vickers Keppel Corp 6.96 9 Buy Sum of parts, PB1.3x FY18
07/20/18 OCBC Keppel Corp 6.96 8.7 Buy
07/23/18 CIMB Keppel Corp 7.09 8.82 Add Sum of parts
07/23/18 Lim & Tan Keppel Corp 7.09 0 Hold
07/23/18 Deutsche Keppel Corp 7.09 8.4 Hold RNAV (35% discount)
08/24/18 UOB Kay Hian Keppel Corp 6.81 7.37 Hold Sum of parts, Buy @ $6.6
09/06/18 DBS Vickers Keppel Corp 6.44 9 Buy
09/10/18 OCBC Keppel Corp 6.36 8.38 Buy Sum of parts
09/21/18 UOB Kay Hian Keppel Corp 6.8 7.37 Hold Buy @ $6.60
09/25/18 CIMB Keppel Corp 7 8.82 Add Sum of parts
09/25/18 Deutsche Keppel Corp 7 8.4 Hold
09/27/18 Amfrasers Keppel Corp 7.16 9.43 Buy Sum of parts
09/28/18 Lim & Tan Keppel Corp 7.16 0 Neutral
10/02/18 Amfrasers Keppel Corp 7.04 9.43 Buy Sum of parts
10/03/18 Macquarie Keppel Corp 7.04 8.4 Outperform Sum of parts
10/08/18 CIMB Keppel Corp 7.1 8.82 Add
10/19/18 UOB Kay Hian Keppel Corp 6.76 6.79 Hold Sum of parts, Buy @ $6.10
10/19/18 OCBC Keppel Corp 6.76 7.97 Buy
10/19/18 CIMB Keppel Corp 6.76 8.28 Add Sum of parts
10/22/18 Lim & Tan Keppel Corp 6.64 0 Hold
11/21/18 CIMB Keppel Corp 6.18 8.38 Add Sum of parts
01/04/19 OCBC Keppel Corp 5.81 7.25 Buy Sum of parts
01/10/19 DIR Keppel Corp 6.18 7.15 Buy Cut from $7.86, Sum of parts
01/23/19 CIMB Keppel Corp 6.17 8.28 Add
01/25/19 OCBC Keppel Corp 6.13 7.55 Buy
01/25/19 CIMB Keppel Corp 6.13 8.41 Add Sum of parts
01/28/19 Lim & Tan Keppel Corp 6.2 0 Hold
01/29/19 Amfrasers Keppel Corp 6.14 7.5 Hold
01/29/19 Macquarie Keppel Corp 6.14 8.2 Outperform Sum of parts
02/21/19 CIMB Keppel Corp 6.32 8.41 Add Sum of parts

Stock calls for 21 February 2019


Date Analyst Company Last Target Call Valuation
02/21/19 DBS Vickers Breadtalk 0.88 0.92 Hold Sum of parts
02/21/19 DMG & Partners Breadtalk 0.88 0.81 Neutral Sum of parts
02/21/19 Kim Eng Bumitama 0.69 0.96 Buy
02/21/19 OCBC Capitaland 3.43 3.98 Buy RNAV
02/21/19 Phillip Capitaland 3.43 4 Accumulate PB0.75x FY19
02/21/19 CIMB Capitaland 3.43 3.56 Add RNAV (35% discount)
02/21/19 DBS Vickers Capitaland 3.43 3.62 Buy
02/21/19 DBS Vickers China Everbright 0.35 0.49 Buy
02/21/19 Kim Eng First Resources 1.69 2.1 Buy
02/21/19 DBS Vickers Ifast Corp 1.11 1.19 Hold DDM
02/21/19 CIMB Keppel Corp 6.32 8.41 Add Sum of parts
02/21/19 CIMB MM2 Asia 0.3 0.37 Add Sum of parts
02/21/19 Kim Eng MM2 Asia 0.3 0.34 Buy PEG0.93x
02/21/19 Lim & Tan Sembcorp Industries 2.66 0 Hold
02/21/19 CIMB Sembcorp Marine 1.68 2.21 Add PB2x CY19
02/21/19 OCBC Sembcorp Marine 1.68 1.77 Hold
02/21/19 phillip Sembcorp Marine 1.68 1.76 Neutral PB1.6x
02/21/19 Lim & Tan Sembcorp Marine 1.68 0 Hold
02/21/19 UOB Kay Hian Singapore Medical 0.47 0.65 Buy PER23x FY19
02/21/19 DMG & Partners Singapore Medical 0.47 0.54 Buy DCF
02/21/19 phillip Singapore O&G 0.355 0 Cease Coverage
02/21/19 Lim & Tan ST Engineering 3.77 0 Hold
02/21/19 DMG & Partners Talkmed 0.58 0.62 Neutral DCF

UK has cleared Huawei of cyber securities risks!

https://sg.news.yahoo.com/britain-managing-huawei-risks-no-evidence-spying-official-154318410--finance.html

UK has made the US look like a villain now by clearing Huawei of cyber securities risks. Hahaha!

Wednesday, February 20, 2019

Jumbo - Stock calls


Date Analyst Company Last Target Call Valuation
01/04/18 Kim Eng Jumbo 0.59 0.7 Buy DCF, PER26x FY18
02/15/18 Kim Eng Jumbo 0.57 0.7 Buy DCF, PER26x FY18
02/15/18 DBS Vickers Jumbo 0.57 0.58 Hold PER23x FY18
02/19/18 UOB Kay Hian Jumbo 0.575 0.59 Hold DCF, Buy @ $0.53
03/12/18 Kim Eng Jumbo 0.55 0.7 Buy DCF
05/15/18 DBS Vickers Jumbo 0.56 0.58 Hold PER23x FY18/19
05/16/18 UOB Kay Hian Jumbo 0.54 0.53 Hold DCF, Buy @ $0.48
06/25/18 CIMB Jumbo 0.5 0.62 Add PER23x CY19
06/27/18 UOB Kay Hian Jumbo 0.52 0.53 Hold DCF, Buy @ $0.48
08/14/18 UOB Kay Hian Jumbo 0.53 0.49 Hold DCF, Buy @ $0.44
08/14/18 DBS Vickers Jumbo 0.53 0.57 Hold PER23x FY19
08/15/18 CIMB Jumbo 0.515 0.62 Add PER23x CY19
10/05/18 CIMB Jumbo 0.46 0.58 Add PER21x FY20
11/22/18 Lim & Tan Jumbo 0.405 0 Hold
11/22/18 DBS Vickers Jumbo 0.405 0.44 Hold PER23x FY19
11/23/18 CIMB Jumbo 0.405 0.54 Add PER21x FY20
11/23/18 UOB Kay Hian Jumbo 0.405 0.42 Hold PER20x FY19, Buy @ $0.38
12/14/18 CIMB Jumbo 0.39 0.54 Add
02/15/19 DBS Vickers Jumbo 0.415 0.44 Hold PER23x FY19
02/15/19 CIMB Jumbo 0.415 0.52 Add PER21x FY20
02/18/19 UOB Kay Hian Jumbo 0.415 0.41 Hold Buy @ $0.37

Jubilee - Stock calls


Date Analyst Company Last Target Call Valuation
03/12/18 CIMB Jubilee 0.037 0.051 Add Sum of parts
06/01/18 CIMB Jubilee 0.039 0.051 Add Sum of parts
11/20/18 CIMB Jubilee 0.034 0.051 Add

Jiutian - Stock calls


Date Analyst Company Last Target Call Valuation
04/04/18 Amfrasers Jiutian 0.064 0.11 Not Rated PER10x FY18

Stock calls for 20 February 2019


Date Analyst Company Last Target Call Valuation
02/20/19 Lim & Tan Capitaland 3.39 0 Buy
02/20/19 Macquarie DBS 25.1 27 Neutral PB
02/20/19 UOB Kay Hian First Resources 1.72 1.85 Hold Buy @ $1.65
02/20/19 OCBC Golden Agri 0.255 0.24 Hold
02/20/19 DBS Vickers Mapletree Industrial 1.99 2.3 Buy
02/20/19 UOB Kay Hian Raffles Medical 1.12 1.3 Buy
02/20/19 Kim Eng Sasseur 0.74 0.9 Buy DDM
02/20/19 DBS Vickers Sasseur 0.74 0.97 Buy DCF
02/20/19 UOB Kay Hian Sheng Siong 1.08 1.15 Hold
02/20/19 OCBC Wilmar 3.37 3.42 Hold

USA is gearing up for USD depreciation.

https://sg.finance.yahoo.com/news/u-wants-pledge-stable-chinese-yuan-talks-resume-050426264--sector.html

The US wants China to stabilize RMB so that it can depreciate USD.  We had stated the real reason for USD depreciation below.

http://sg-stock.blogspot.com/2019/02/usd-is-likely-to-depreciate-soon-why.html

The latest FED statements also showed a very dovish FED stance that would contribute to USD depreciation.

Look like the US is setting up a star constellation for a weak USD.

Japan continues to slow down.

https://sg.finance.yahoo.com/news/japans-exports-fall-8-4-041347848.html

Japan, being an export-oriented country, has continued to slow down in January 2019 and it is heavily impacted by China.  January export is down 8.4%.

https://sg-stock.blogspot.com/2018/12/the-japan-economic-growth-is-worse-than.html

The banning of Huawei in Japan is not helping the Japanese too.

Tuesday, February 19, 2019

Jardine Strategic - Stock calls


Date Analyst Company Last Target Call Valuation
07/03/18 UOB Kay Hian Jardine Strategic 36.65 42.67 Not Rated