Wednesday, October 21, 2026
Hot news: Russia has won the Ukraine war!
Capitaland Integrated Commercial Trust - Stock calls
Date |
Analyst |
Company |
Last |
Target |
Call |
Valuation |
08/01/25 |
Uob Kay Hian |
Capitaland Integrated Commercial Trust |
2.2 |
2.72 |
Buy |
DDM |
08/06/25 |
Uob Kay Hian |
Capitaland Integrated Commercial Trust |
2.24 |
2.79 |
Buy |
DDM |
08/06/25 |
CIMB |
Capitaland Integrated Commercial Trust |
2.24 |
2.45 |
Add |
DDM |
08/06/25 |
DMG & Partners |
Capitaland Integrated Commercial Trust |
2.24 |
2.44 |
Buy |
DDM |
08/26/25 |
DBS Vickers |
Capitaland Integrated Commercial Trust |
2.26 |
2.5 |
Buy |
|
09/01/25 |
Uob Kay Hian |
Capitaland Integrated Commercial Trust |
2.28 |
2.79 |
Buy |
DDM |
10/13/25 |
Uob Kay Hian |
Capitaland Integrated Commercial Trust |
2.34 |
2.79 |
Buy |
DDM |
10/28/25 |
DBS Vickers |
Capitaland Integrated Commercial Trust |
2.41 |
2.5 |
Buy |
|
10/29/25 |
CIMB |
Capitaland Integrated Commercial Trust |
2.4 |
2.71 |
Add |
DDM |
10/30/25 |
DMG & Partners |
Capitaland Integrated Commercial Trust |
2.41 |
2.44 |
Buy |
DDM |
11/25/25 |
DBS Vickers |
Capitaland Integrated Commercial Trust |
2.36 |
2.5 |
Buy |
|
11/26/25 |
DMG & Partners |
Capitaland Integrated Commercial Trust |
2.37 |
2.69 |
Buy |
DDM |
12/17/25 |
Lim & Tan |
Capitaland Integrated Commercial Trust |
2.33 |
0 |
Accumulate |
|
12/22/25 |
DMG & Partners |
Capitaland Integrated Commercial Trust |
2.34 |
2.69 |
Buy |
DDM |
01/07/26 |
Lim & Tan |
Capitaland Integrated Commercial Trust |
2.39 |
2.54 |
Accumulate |
|
01/15/26 |
DBS Vickers |
Capitaland Integrated Commercial Trust |
2.42 |
2.5 |
Buy |
|
01/19/26 |
Lim & Tan |
Capitaland Integrated Commercial Trust |
2.42 |
2.56 |
Accumulate |
|
02/06/26 |
DBS Vickers |
Capitaland Integrated Commercial Trust |
2.38 |
2.5 |
Buy |
|
02/06/26 |
Lim & Tan |
Capitaland Integrated Commercial Trust |
2.38 |
2.84 |
Accumulate |
|
02/09/26 |
Uob Kay Hian |
Capitaland Integrated Commercial Trust |
2.45 |
2.95 |
Buy |
DDM |
02/09/26 |
DBS Vickers |
Capitaland Integrated Commercial Trust |
2.45 |
2.8 |
Buy |
|
02/09/26 |
Kim Eng |
Capitaland Integrated Commercial Trust |
2.45 |
2.6 |
Buy |
|
02/09/26 |
DMG & Partners |
Capitaland Integrated Commercial Trust |
2.45 |
2.69 |
Buy |
DDM |
02/13/26 |
DMG & Partners |
Capitaland Integrated Commercial Trust |
2.47 |
2.73 |
Buy |
DDM |
02/23/26 |
JPM |
Capitaland Integrated Commercial Trust |
2.42 |
2.75 |
Buy |
Up from $2.60 |
03/05/26 |
Uob Kay Hian |
Capitaland Integrated Commercial Trust |
2.4 |
2.95 |
Buy |
DDM |
04/01/26 |
Uob Kay Hian |
Capitaland Integrated Commercial Trust |
2.35 |
2.95 |
Buy |
DDM |
04/10/26 |
DMG & Partners |
Capitaland Integrated Commercial Trust |
2.34 |
2.73 |
Buy |
DDM |
04/21/26 |
CIMB |
Capitaland Integrated Commercial Trust |
2.39 |
2.74 |
Add |
DDM |
04/21/26 |
Lim & Tan |
Capitaland Integrated Commercial Trust |
2.39 |
2.67 |
Accumulate |
|
04/21/26 |
Citi Research |
Capitaland Integrated Commercial Trust |
2.39 |
2.81 |
Buy |
Sum of parts |
05/04/26 |
Uob Kay Hian |
Capitaland Integrated Commercial Trust |
2.36 |
2.95 |
Buy |
DDM |
05/19/26 |
Uob Kay Hian |
Capitaland Integrated Commercial Trust |
2.25 |
3.06 |
Buy |
DDM |
06/02/26 |
Uob Kay Hian |
Capitaland Integrated Commercial Trust |
2.27 |
3.06 |
Buy |
DDM |
06/11/26 |
Lim & Tan |
Capitaland Integrated Commercial Trust |
2.33 |
2.7 |
Accumulate on weakness |
|
06/29/26 |
DMG & Partners |
Capitaland Integrated Commercial Trust |
2.4 |
2.75 |
Buy |
DDM |
07/01/26 |
Uob Kay Hian |
Capitaland Integrated Commercial Trust |
2.37 |
3.06 |
Buy |
DDM |
07/01/26 |
Lim & Tan |
Capitaland Integrated Commercial Trust |
2.37 |
0 |
Buy |
|
07/09/26 |
CIMB |
Capitaland Integrated Commercial Trust |
2.41 |
2.74 |
Add |
DDM |
07/15/26 |
DMG & Partners |
Capitaland Integrated Commercial Trust |
2.43 |
2.75 |
Buy |
DDM |
07/21/26 |
DBS Vickers |
Capitaland Integrated Commercial Trust |
2.45 |
2.8 |
Buy |
|
08/12/26 |
OCBC |
Capitaland Integrated Commercial Trust |
2.59 |
2.69 |
Buy |
|
08/13/26 |
Uob Kay Hian |
Capitaland Integrated Commercial Trust |
2.49 |
3.06 |
Buy |
DDM |
08/25/26 |
Kim Eng |
Capitaland Integrated Commercial Trust |
2.41 |
2.7 |
Buy |
|
09/01/26 |
Uob Kay Hian |
Capitaland Integrated Commercial Trust |
2.37 |
3.06 |
Buy |
DDM |
10/01/26 |
Uob Kay Hian |
Capitaland Integrated Commercial Trust |
2.23 |
3.06 |
Buy |
DDM |
10/14/26 |
DMG & Partners |
Capitaland Integrated Commercial Trust |
2.22 |
2.75 |
Buy |
DDM |
Bumitama - Stock calls
Date |
Analyst |
Company |
Last |
Target |
Call |
Valuation |
08/12/25 |
DBS Vickers |
Bumitama |
0.84 |
1.3 |
Buy |
DCF |
08/12/25 |
OCBC |
Bumitama |
0.84 |
1.05 |
Buy |
|
08/13/25 |
Kim Eng |
Bumitama |
0.92 |
0.94 |
Buy |
|
08/27/25 |
OCBC |
Bumitama |
1.12 |
1.2 |
Buy |
|
08/28/25 |
OCBC |
Bumitama |
1.09 |
1.2 |
Hold |
|
08/28/25 |
DMG & Partners |
Bumitama |
1.09 |
0.88 |
Neutral |
|
08/28/25 |
UOB Kay Hian |
Bumitama |
1.09 |
0.9 |
Hold |
|
09/22/25 |
DMG & Partners |
Bumitama |
1.13 |
1.1 |
Neutral |
|
10/17/25 |
UOB Kay Hian |
Bumitama |
1.28 |
1.2 |
Hold |
PER9.5x FY26 |
10/23/25 |
OCBC |
Bumitama |
1.33 |
1.3 |
Hold |
|
10/23/25 |
DBS Vickers |
Bumitama |
1.33 |
1.9 |
Buy |
DCF |
11/14/25 |
UOB Kay Hian |
Bumitama |
1.48 |
1.4 |
Hold |
PER11x FY26 |
11/14/25 |
DBS Vickers |
Bumitama |
1.48 |
1.9 |
Buy |
PER16.4x FY26 |
01/14/26 |
DBS Vickers |
Bumitama |
1.3 |
1.9 |
Buy |
PER16.4x FY26 |
02/27/26 |
OCBC |
Bumitama |
1.33 |
1.5 |
Buy |
|
03/02/26 |
UOB Kay Hian |
Bumitama |
1.32 |
1.45 |
Buy |
PER11x FY27 |
03/19/26 |
DBS Vickers |
Bumitama |
1.66 |
1.9 |
Buy |
PER16.4x FY26 |
04/07/26 |
DBS Vickers |
Bumitama |
1.9 |
2.3 |
Buy |
PER20.4x FY26 |
04/23/26 |
DMG & Partners |
Bumitama |
1.94 |
1.44 |
Sell |
|
05/13/26 |
UOB Kay Hian |
Bumitama |
1.82 |
2.01 |
Buy |
PER14x FY26 |
05/13/26 |
DBS Vickers |
Bumitama |
1.82 |
2.3 |
Buy |
PER20.4x FY26 |
05/13/26 |
OCBC |
Bumitama |
1.82 |
2.2 |
Buy |
PER |
05/14/26 |
DMG & Partners |
Bumitama |
1.87 |
1.7 |
Neutral |
|
06/15/26 |
UOB Kay Hian |
Bumitama |
1.67 |
2.01 |
Buy |
PER14x FY26 |
07/13/26 |
DBS Vickers |
Bumitama |
1.69 |
2.3 |
Buy |
PER20.4x FY26 |
08/17/26 |
UOB Kay Hian |
Bumitama |
1.86 |
2.15 |
Buy |
PER14x FY27 |
08/17/26 |
DBS Vickers |
Bumitama |
1.86 |
2.3 |
Buy |
PER20.4x FY26 |
08/17/26 |
Kim Eng |
Bumitama |
1.86 |
2.06 |
Buy |
PER |
09/22/26 |
OCBC |
Bumitama |
2.43 |
2.4 |
Hold |
PER |
09/24/26 |
DBS Vickers |
Bumitama |
2.1 |
3 |
Buy |
PER20.4x FY27 |
09/30/26 |
UOB Kay Hian |
Bumitama |
2.1 |
2.54 |
Buy |
|
10/13/26 |
DBS Vickers |
Bumitama |
1.93 |
3 |
Buy |
PER20.4x FY27 |
Bukit Sembawang - Stock calls
Date |
Analyst |
Company |
Last |
Target |
Call |
Valuation |
12/01/25 |
DBS Vickers |
Bukit Sembawang |
4.17 |
5.88 |
Buy |
RNAV (45% disc) |
09/16/26 |
DBS Vickers |
Bukit Sembawang |
4.35 |
5.88 |
Unrated |
RNAV (45% disc) |
Stock calls for 21 October 2026
Date |
Analyst |
Company |
Last |
Target |
Call |
Valuation |
10/21/26 |
Lim & Tan |
Far East Hospitality |
0.505 |
0.645 |
Buy |
|
10/21/26 |
Lim & Tan |
Grand Banks Yacht |
0.74 |
1.49 |
Buy |
PER14.8x |
10/21/26 |
DBS Vickers |
Keppel Reit |
0.785 |
1 |
Buy |
PB0.8x |
10/21/26 |
UOB Kay Hian |
Keppel Reit |
0.785 |
1.06 |
Buy |
DDM |
10/21/26 |
DBS Vickers |
Lendlease Reit |
0.525 |
0.75 |
Buy |
DCF |
10/21/26 |
DBS Vickers |
Stoneweg Reit |
1.43 |
1.9 |
Buy |
DCF |
What will the US Fed do for its upcoming October FOMC? - Part 2
The die is cast in stone already! The latest Fedwatch tool is indicating more than 85% of a Fed hold.
We can confidently say that the US Fed will hold its rates in its October FOMC meeting. Therefore, this upcoming FOMC is a non-market event and the focus will be on 3 November US mid-term election. Insofar, the Republicans are projected to lose both congress houses (senate & representatives).What's the danger of Trump losing both congress houses? Well, the risk of him getting impeached is very high after he has lost control of both congress houses. Let's watch how this will unfold.
Tuesday, October 20, 2026
BRC Asia - Stock calls
Date |
Analyst |
Company |
Last |
Target |
Call |
Valuation |
08/21/25 |
CIMB |
BRC Asia |
3.64 |
4 |
Add |
PER |
08/22/25 |
Phillip |
BRC Asia |
3.76 |
4.1 |
Accumulate |
DCF |
08/22/25 |
CIMB |
BRC Asia |
3.76 |
4.3 |
Add |
|
08/25/25 |
Lim & Tan |
BRC Asia |
3.92 |
3.92 |
Hold |
|
09/05/25 |
UOB Kay Hian |
BRC Asia |
4.05 |
4.69 |
Buy |
PER14x FY26 |
10/10/25 |
CIMB |
BRC Asia |
4.33 |
5.3 |
Add |
PER |
10/31/25 |
Phillip |
BRC Asia |
4.22 |
4.1 |
Neutral |
DCF |
11/24/25 |
Lim & Tan |
BRC Asia |
4.02 |
4.7 |
Accumulate on weakness |
|
12/01/25 |
Phillip |
BRC Asia |
3.93 |
5.1 |
Buy |
DCF |
12/01/25 |
CIMB |
BRC Asia |
3.93 |
4.9 |
Add |
PER |
12/05/25 |
UOB Kay Hian |
BRC Asia |
4.01 |
4.9 |
Buy |
PER14x FY26 |
02/12/26 |
Phillip |
BRC Asia |
4.23 |
5.1 |
Buy |
|
02/16/26 |
UOB Kay Hian |
BRC Asia |
4.32 |
5.1 |
Buy |
PER14x FY26 |
02/16/26 |
Phillip |
BRC Asia |
4.32 |
5.3 |
Buy |
DCF |
04/01/26 |
CIMB |
BRC Asia |
4.67 |
5.4 |
Add |
|
05/11/26 |
Lim & Tan |
BRC Asia |
4.7 |
5.2 |
Accumulate |
|
05/13/26 |
UOB Kay Hian |
BRC Asia |
4.49 |
5.3 |
Buy |
PER14x FY26 |
05/13/26 |
CIMB |
BRC Asia |
4.49 |
5.5 |
Add |
EV/Ebitda |
05/14/26 |
Phillip |
BRC Asia |
4.58 |
5.3 |
Buy |
DCF |
08/19/26 |
UOB Kay Hian |
BRC Asia |
4.32 |
5.3 |
Buy |
PER13x FY27 |
08/24/26 |
Phillip |
BRC Asia |
4.26 |
5.3 |
Buy |
DCF |
08/25/26 |
CIMB |
BRC Asia |
4.23 |
5.5 |
Add |
EV/Ebitda |
09/01/26 |
UOB Kay Hian |
BRC Asia |
4.24 |
5.3 |
Buy |
PER13x FY27 |

