The Iran war situation report. - Part 80

Israel has rejected the Iran-US peace deal and it can easily derail the deal by attacking Lebanon or Iran directly.

Conversely, Iran has reiterated that the peace deal involves Israel's withdrawal from Lebanon.

It will a grave mistake for Israel to derail the peace deal because this will give the US a legitimate reason to abandon Israel by exiting the war and leaving Israel to face Iran alone.  Israel will be defeated by Iran without any US backup and this outcome is what the anglo-saxons want.

What will the US Fed do for its June FOMC meeting?

According to the US Fedwatch tool, the US Fed will hold its rates in June 2026.

While this is highly expected, the important thing to watch out will be what the new US Fed will say and also the interest rate direction he sets for the future FOMC.  This will be a market moving event!

Singapore Land - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/04/25	DBS Vickers	Singapore Land	2.12	2.6	Buy

Sing Investments & Finance - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
04/13/26	Kim Eng	Sing Investments & Finance	1.57	2.11	Buy	PB
06/11/26	Kim Eng	Sing Investments & Finance	1.53	2.11	Buy	PB

Sinarmas - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/28/25	Lim & Tan	Sinarmas	0.275	0.31	Reject Offer	Cash offer $0.31

Stock calls for 16 June 2026

Date	Analyst	Company	Last	Target	Call	Valuation
06/16/26	JPM	City Developments	8.63	10.45	Overweight
06/16/26	DMG & Partners	Delfi	0.935	1.21	Buy
06/16/26	UOB Kay Hian	SIA	7.17	6.66	Hold	PB1.27x FY27
06/16/26	Lim & Tan	SIA	7.17	6.7	Hold
06/16/26	phillip	Zixin	0.031	0.06	Buy	DCF

The Iran war situation report. - Part 79

Let's take a look at the Iran-US peace deal and we will realize that the US has surrendered to Iran.

The peace deal involves the following:

1. US sanctions for Iran will be lifted.

2. US will release $24B in frozen Iranian assets and $12B will be released immediately in exchange for a non-retaliation against Israel.  However, Iran has rejected the non-retaliation request outright and is going to launch strikes against Israel soon.

3. US will withdraw its troops near Iran.

4. US and its allies will pay $300B to Iran for reconstruction after the US has spent $70B to attack Iran.

5. US will accept a fee-based Hormuz passage.

6. Iran's uranium is excluded from the current MOU.

The US attacked Iran in the name of nuclear weapon (enriched uranium) but this was excluded from the current MOU.  There is going to be a fee-based Hormuz passage soon (after the Iran war) compared to the previous free and open passage (before the Iran war).  Furthermore, the US and its allies will spend a total of $370B for this illegal Iran war.  This is the US 3rd humiliating war after the Korea and Vietnam wars because the US has not compensated any country for its wrongdoing before.

If this is not a US defeat, we don't know what is a US defeat anymore.

Singapore minister Vivian has screwed up again! - Part 7

The US has given SG a tight slap by accepting a fee based hormuz passage.

We've stated previously that FM Vivian had a warped principle and using UNCLOS to defend a free passage during wartime was wrong in the first place.

We've been proven right now!

The Iran war situation report. - Part 78

Just as we've projected in Part 76, the US had to give more to Iran after Israel strikes on Beirut.

https://sg-stock.blogspot.com/2026/06/the-iran-war-situation-report-part-76.html

The only hurdle that remains now before the peace deal can be achieved is the US must let Iran hit Israel as a retaliatory military action.

Let's see how this will unfold.

The Iran war situation report. - Part 77

Trump had declared that the peace deal would be signed on 19 June 2026.  This was not his 1st proclamation because the previous peace deal announcement was last Sunday (14 June 2026).
However, people are losing faith in his announcement already.

What's the truth?

The Iranian hardliners objected to the peace deal after the Israel strikes on Beirut.

In order to appease these hardliners, Iran had announced a strong response/retaliation against Israel.

If Trump is really sincere in signing the peace deal with Iran, Trump has to let Iran do its retaliation against Israel without any intervention.

This is bad news for Israel because it has to face Iran on its own without the US help.

Sin Heng - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
04/21/25	SIAS	Sin Heng	0.58	0	Reject Offer	DCF & PER24x

SIA Engineering - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
04/08/25	UOB Kay Hian	SIA Engineering	1.96	2.7	Buy	DCF
05/13/25	DBS Vickers	SIA Engineering	2.28	2.5	Hold
05/13/25	Lim & Tan	SIA Engineering	2.28	2.6	Accumulate
05/14/25	UOB Kay Hian	SIA Engineering	2.32	2.7	Buy	DCF
05/14/25	CIMB	SIA Engineering	2.32	2.7	Add	PER
05/15/25	DBS Vickers	SIA Engineering	2.35	2.8	Buy	DCF & PER19x FY26
05/22/25	CIMB	SIA Engineering	2.55	3.1	Add	PER
05/23/25	Amfrasers	SIA Engineering	2.57	2.83	Outperform	DCF
05/30/25	OCBC	SIA Engineering	2.72	3	Buy
06/13/25	DBS Vickers	SIA Engineering	3.07	3.5	Buy	PER21x FY26
06/16/25	OCBC	SIA Engineering	3.08	3.5	Buy
07/23/25	UOB Kay Hian	SIA Engineering	3.35	3.41	Hold	PER20.9x FY27
07/23/25	DBS Vickers	SIA Engineering	3.35	3.5	Buy	PER21x FY26
07/24/25	CIMB	SIA Engineering	3.27	3.1	Reduce
07/25/25	OCBC	SIA Engineering	3.3	3.5	Hold
09/15/25	phillip	SIA Engineering	3.13	3.83	Buy	PER
10/10/25	DBS Vickers	SIA Engineering	3.61	3.5	Under Review	PER21x FY26
10/17/25	phillip	SIA Engineering	3.43	3.83	Buy
11/05/25	DBS Vickers	SIA Engineering	3.47	3.5	Under Review	PER21x FY26
11/05/25	Lim & Tan	SIA Engineering	3.47	3.66	Accumulate on weakness
11/06/25	UOB Kay Hian	SIA Engineering	3.54	3.92	Buy	PER23.3x FY27
11/06/25	DBS Vickers	SIA Engineering	3.54	4	Buy	PER24x
11/12/25	phillip	SIA Engineering	3.71	4.14	Accumulate
11/12/25	OCBC	SIA Engineering	3.71	3.68	Hold
01/14/26	DBS Vickers	SIA Engineering	3.68	4	Buy	PER24x
02/20/26	DBS Vickers	SIA Engineering	3.57	4	Hold	DCF & PER24x
02/20/26	UOB Kay Hian	SIA Engineering	3.57	3.92	Buy	PER23.3x FY27
02/20/26	Lim & Tan	SIA Engineering	3.57	4	Hold
02/20/26	OCBC	SIA Engineering	3.57	4.05	Buy
02/20/26	CIMB	SIA Engineering	3.57	4	Add
02/25/26	phillip	SIA Engineering	3.61	4.14	Accumulate
04/01/26	phillip	SIA Engineering	3.24	4.14	Accumulate	PER26x
04/30/26	DBS Vickers	SIA Engineering	3.11	3.8	Buy	PER21x FY27 & DCF
05/12/26	Lim & Tan	SIA Engineering	3.18	4	Hold
05/13/26	UOB Kay Hian	SIA Engineering	3.28	3.85	Buy	PER21.2x FY28
05/13/26	CIMB	SIA Engineering	3.28	3.8	Add
05/18/26	phillip	SIA Engineering	3.15	4.06	Buy	PER25x
05/22/26	OCBC	SIA Engineering	3.16	4	Buy	PER24x FY27

SIA - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/19/25	Phillip	SIA	6.74	5.74	Neutral	PB1.1x FY25
04/16/25	Phillip	SIA	6.3	5.74	Neutral	PB1.1x FY25
04/17/25	UOB Kay Hian	SIA	6.35	6.22	Hold	PB1.16x FY26
04/24/25	CIMB	SIA	6.59	6	Hold
05/16/25	DBS Vickers	SIA	6.88	6.3	Hold	EV/Ebitda5x FY25/26
05/16/25	CIMB	SIA	6.88	6.88	Hold	PB
05/16/25	Kim Eng	SIA	6.88	6.85	Hold
05/19/25	UOB Kay Hian	SIA	6.9	6.63	Hold	PB1.25x FY26
05/19/25	Phillip	SIA	6.9	6.08	Reduce	PB1.1x FY25
06/12/25	DBS Vickers	SIA	7.06	6.4	Hold	EV/Ebitda5x FY26
06/12/25	Citi Research	SIA	7.06	6.15	Sell
06/16/25	Kim Eng	SIA	6.94	6.85	Hold
06/17/25	UOB Kay Hian	SIA	6.87	6.63	Hold	PB1.25x FY26
06/17/25	Lim & Tan	SIA	6.87	6.73	Hold
07/16/25	Phillip	SIA	7.36	6.08	Reduce	PB1.1x FY25
07/29/25	Kim Eng	SIA	7.6	6.75	Sell
07/29/25	CIMB	SIA	7.6	6.8	Reduce
07/29/25	DBS Vickers	SIA	7.6	6.4	Hold	EV/Ebitda5x FY26
07/29/25	Lim & Tan	SIA	7.6	6.85	Hold
07/29/25	Citi Research	SIA	7.6	6.15	Sell	PB1.15x FY26
07/30/25	UOB Kay Hian	SIA	7.04	6.03	Sell	PB1.17x FY26
07/30/25	Phillip	SIA	7.04	5.94	Reduce	PB1.1x FY25
07/31/25	DBS Vickers	SIA	6.9	6.5	Hold
08/01/25	Phillip	SIA	6.59	5.94	Reduce	PB1.1x FY25
09/15/25	Phillip	SIA	6.54	5.94	Reduce	PB1.1x FY25
09/16/25	UOB Kay Hian	SIA	6.51	6.05	Sell	PB1.17x FY26
10/17/25	UOB Kay Hian	SIA	6.53	6.03	Sell	PB1.17x FY26
10/17/25	Phillip	SIA	6.53	5.94	Reduce	PB1.1x FY25
11/03/25	DBS Vickers	SIA	6.63	6.5	Hold	EV/Ebitda5x FY26
11/14/25	CIMB	SIA	6.65	5.6	Reduce	PB
11/17/25	UOB Kay Hian	SIA	6.52	6.1	Sell	PB1.17x FY27
11/17/25	Kim Eng	SIA	6.52	6.35	Sell
11/19/25	Lim & Tan	SIA	6.48	6.22	Hold
11/24/25	Phillip	SIA	6.48	6.04	Neutral	PB1.2x FY26
11/24/25	OCBC	SIA	6.48	6.4	Hold
01/13/26	DBS Vickers	SIA	6.43	6.5	Hold	EV/Ebitda5x FY26
01/13/26	Citi Research	SIA	6.43	5.98	Sell
02/03/26	UOB Kay Hian	SIA	6.36	6.16	Hold	PB1.18x FY27
02/11/26	Citi Research	SIA	6.8	6.28	Sell	PB1.15x FY26/27
02/13/26	CIMB	SIA	6.9	7.23	Hold	PB
02/25/26	DBS Vickers	SIA	7.03	6.5	Hold	EV/Ebitda5x FY26
02/26/26	UOB Kay Hian	SIA	7.17	7.18	Hold	PB1.36x FY27
02/26/26	DBS Vickers	SIA	7.17	7.5	Hold	EV/Ebitda4.7x FY26
02/26/26	CIMB	SIA	7.17	7.44	Add	PB
02/26/26	OCBC	SIA	7.17	6.88	Hold
02/26/26	Kim Eng	SIA	7.17	7.03	Hold
03/02/26	Phillip	SIA	7.18	7	Neutral	PB1.3x
03/09/26	DBS Vickers	SIA	6.65	7.5	Hold	EV/Ebitda4.7x FY26
04/02/26	CIMB	SIA	6.66	6.77	Hold	PB
04/16/26	UOB Kay Hian	SIA	6.57	6.64	Hold	PB1.27x FY27
04/16/26	DBS Vickers	SIA	6.65	7.5	Hold	EV/Ebitda4.7x FY26
04/16/26	CIMB	SIA	6.65	6.8	Hold	PB
04/30/26	DBS Vickers	SIA	6.31	6.5	Hold	EV/Ebitda4.7x FY27
05/15/26	DBS Vickers	SIA	6.27	6.5	Hold	EV/Ebitda4.4x FY27
05/18/26	CIMB	SIA	6.42	6.44	Hold	PB
05/19/26	Phillip	SIA	6.41	6.43	Neutral	PB1.1x