Seatrium - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/04/25	UOB Kay Hian	Seatrium	2.15	2.96	Buy	PB1.5x
03/04/25	Citi Research	Seatrium	2.15	2.65	Buy
04/10/25	DBS Vickers	Seatrium	1.68	3	Buy
05/07/25	UOB Kay Hian	Seatrium	1.92	2.96	Buy	PB1.5x
05/29/25	DBS Vickers	Seatrium	2.06	3	Buy
05/29/25	Lim & Tan	Seatrium	2.06	2.72	Accumulate on weakness
05/29/25	OCBC	Seatrium	2.06	2.76	Buy
05/30/25	CIMB	Seatrium	2.07	2.8	Add
06/02/25	UOB Kay Hian	Seatrium	2.05	2.96	Buy	PB1.5x
06/02/25	MorningStar	Seatrium	2.05	2.92	4-Star
07/01/25	CIMB	Seatrium	2.01	2.8	Add	PB
07/07/25	UOB Kay Hian	Seatrium	2.07	2.96	Buy	PB1.5x
08/01/25	UOB Kay Hian	Seatrium	2.27	2.96	Buy	PB1.5x
08/01/25	DBS Vickers	Seatrium	2.27	2.96	Buy	PB1.5x FY25
08/01/25	CIMB	Seatrium	2.27	2.8	Add	PB
08/28/25	Lim & Tan	Seatrium	2.29	2.75	Accumulate on weakness
08/28/25	Citi Research	Seatrium	2.29	2.65	Buy
09/23/25	JPM	Seatrium	2.34	3.05	Overweight
09/24/25	DBS Vickers	Seatrium	2.37	2.96	Buy	PB1.5x FY25
09/24/25	CIMB	Seatrium	2.37	2.8	Add	PB
09/26/25	UOB Kay Hian	Seatrium	2.44	2.96	Buy	PB1.5x
10/10/25	DBS Vickers	Seatrium	2.44	2.96	Buy	PB1.5x FY25
10/10/25	CIMB	Seatrium	2.44	2.8	Add	PB
10/16/25	Lim & Tan	Seatrium	2.12	2.84	Accumulate on weakness
11/03/25	DBS Vickers	Seatrium	2.17	2.96	Buy	PB1.5x
11/14/25	UOB Kay Hian	Seatrium	2.18	2.96	Buy	PB1.5x
11/14/25	CIMB	Seatrium	2.18	2.67	Add	PB
11/14/25	MorningStar	Seatrium	2.18	2.92	4-Star
11/14/25	OCBC	Seatrium	2.18	2.76	Buy
11/26/25	Lim & Tan	Seatrium	2.06	2.8	Accumulate on weakness
11/27/25	CIMB	Seatrium	2.12	2.67	Add	PB
12/08/25	UOB Kay Hian	Seatrium	2.12	2.96	Buy	PB1.5x
12/12/25	CIMB	Seatrium	2.08	2.67	Add	PB
12/12/25	Lim & Tan	Seatrium	2.08	2.81	Accumulate on weakness
12/22/25	Citi Research	Seatrium	2.07	2.65	Buy	PB1.2x FY26
01/22/26	DBS Vickers	Seatrium	2.13	2.96	Buy	PB1.5x
01/22/26	Lim & Tan	Seatrium	2.13	2.73	Accumulate on weakness
01/23/26	CIMB	Seatrium	2.12	2.67	Add	PB
01/23/26	Citi Research	Seatrium	2.12	2.65	Buy	PB1.2x FY26
01/29/26	UOB Kay Hian	Seatrium	2.12	2.96	Buy	PB1.5x
02/10/26	UOB Kay Hian	Seatrium	2.09	2.96	Buy	PB1.5x
02/10/26	DBS Vickers	Seatrium	2.09	2.96	Buy	PB1.5x
02/10/26	Lim & Tan	Seatrium	2.09	2.66	Accumulate on weakness
02/26/26	Lim & Tan	Seatrium	2.21	2.65	Accumulate on weakness
02/26/26	Citi Research	Seatrium	2.21	2.6	Buy
02/27/26	UOB Kay Hian	Seatrium	2.28	3.15	Buy
02/27/26	CIMB	Seatrium	2.28	2.84	Add	PB
03/02/26	DBS Vickers	Seatrium	2.4	3	Buy	PB1.35x FY26
03/06/26	Citi Research	Seatrium	2.32	2.7	Buy	PB1.2x FY27
03/06/26	OCBC	Seatrium	2.32	2.79	Buy

SATS - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/19/25	phillip	SATS	3.07	4.34	Buy	DCF
03/19/25	OCBC	SATS	3.07	3.93	Buy
03/21/25	DBS Vickers	SATS	3.04	4	Buy	EV/Ebitda8.3x FY25/26
04/09/25	UOB Kay Hian	SATS	2.65	2.89	Hold	PER16.8x FY27
04/10/25	DBS Vickers	SATS	2.46	4	Buy	EV/Ebitda8.3x FY25/26
04/10/25	CIMB	SATS	2.46	3.05	Add	DCF
04/16/25	phillip	SATS	2.67	4.34	Buy	DCF
04/16/25	Lim & Tan	SATS	2.67	3.85	Accumulate
05/19/25	phillip	SATS	2.99	4.34	Buy	DCF
05/26/25	UOB Kay Hian	SATS	2.98	3.22	Buy	PER16.8x FY27
05/26/25	phillip	SATS	2.98	3.58	Buy	DCF
05/26/25	DBS Vickers	SATS	2.98	3.5	Buy
07/16/25	phillip	SATS	3.24	3.58	Buy	DCF
07/17/25	CIMB	SATS	3.25	3.6	Add	DCF
08/18/25	phillip	SATS	3.27	3.58	Buy	DCF
08/21/25	DBS Vickers	SATS	3.18	3.5	Buy	DCF & PER19x FY26
08/21/25	Lim & Tan	SATS	3.18	3.74	Accumulate
08/22/25	UOB Kay Hian	SATS	3.26	3.52	Buy	PER18.4x FY27
08/22/25	phillip	SATS	3.26	3.66	Accumulate	DCF
08/25/25	DBS Vickers	SATS	3.26	3.8	Buy
08/25/25	CIMB	SATS	3.26	3.83	Add	DCF
09/17/25	phillip	SATS	3.29	3.58	Buy	DCF
09/25/25	CIMB	SATS	3.39	3.83	Add	DCF
11/14/25	DBS Vickers	SATS	3.55	3.8	Buy	PER18x & DCF
11/17/25	UOB Kay Hian	SATS	3.47	4.2	Buy	PER19.7x FY27
11/18/25	DBS Vickers	SATS	3.48	4	Buy	PER19x & DCF
12/19/25	phillip	SATS	3.75	3.84	Neutral	DCF
01/13/26	DBS Vickers	SATS	3.8	4.4	Buy	PER20x FY26 & DCF
02/02/26	UOB Kay Hian	SATS	3.79	4.2	Buy	PER19.7x FY27
03/02/26	UOB Kay Hian	SATS	3.92	4.75	Buy	PER19.7x FY28
03/02/26	DBS Vickers	SATS	3.92	4.5	Buy	DCF & PER20x
03/04/26	phillip	SATS	3.69	4.44	Buy	DCF

Sasseur - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/24/25	Amfrasers	Sasseur	0.665	0.9	Outperform	DDM
05/16/25	phillip	Sasseur	0.63	0.78	Buy	DDM
05/30/25	UOB Kay Hian	Sasseur	0.63	0.98	Buy
08/15/25	phillip	Sasseur	0.7	0.78	Buy	DDM
11/17/25	CIMB	Sasseur	0.675	0.9	Add	DDM
11/28/25	Amfrasers	Sasseur	0.68	0.87	Outperform	DDM
03/06/26	Amfrasers	Sasseur	0.68	0.87	Outperform	DDM

Stock calls for 6 March 2026

Date	Analyst	Company	Last	Target	Call	Valuation
03/06/26	DMG & Partners	Delfi	0.995	1.2	Buy
03/06/26	DBS Vickers	Ho Bee	2.18	2.82	Buy	RNAV (50% disc)
03/06/26	Lim & Tan	Hongkong Land	8.15	9.09	Accumulate on weakness
03/06/26	DMG & Partners	Ireit	0.265	0.27	Neutral	DDM
03/06/26	phillip	Nordic Group	0.46	0.63	Buy	DCF
03/06/26	Amfrasers	Sasseur	0.68	0.87	Outperform	DDM
03/06/26	Citi Research	Seatrium	2.32	2.7	Buy	PB1.2x FY27
03/06/26	OCBC	Seatrium	2.32	2.79	Buy
03/06/26	DBS Vickers	Sembcorp Industries	5.68	7.3	Buy	PER13x FY26
03/06/26	Phillip	Thakral	1.84	2.56	Buy	Sum of parts

The Iran war situation report. - Part 4

The US has a low stockpile of interceptors now and it is asking Ukraine for help.  However, Ukraine won't help the US now because it needs the interceptors for the Russian missiles and drones.

Israel is in a dire strait now because Iran is unleashing cluster bombs on Israel as it has run low on interceptors.

Recently, the US general had announced that the US had wiped out hundreds of Iran's missile launchers.  However, this turned out to be false because the US won't know the exact number of the Iranian missile launchers and their exact locations  too.  The true fact is Iran has many underground missile launchers that are difficult to detect from the sky (watch the video below).

Furthermore, the US is wasting its expensive missiles on fake Iranian targets.

The US knew that it would lose this war if it is prolonged and Israel would be wiped out eventually because it had underestimated Iran's military capabilities.  Thus, the US was looking for an off-ramp by stating that Iran was looking for a ceasefire.  However, Iran had stated very clearly that it was NOT asking for a ceasefire.

The US had overestimated itself and the belligerent Trump was going to start another war with Cuba after Iran.

We need to support Iran now and make the US lose this Iran war so that it won't dare to start another war with Cuba.

This Iran war will cause severe economic losses for the world because oil and gas are not flowing out of the Middle East.  The EU will be running out of oil and gas in a prolonged Iran war and it is trying to restart the Russian oil and gas trades.  However, Putin is trying to capitalize on this by threatening to cut off its gas trades with the EU.

Therefore, it is very obvous that the west will lose in this Iran war.