The US consumption is weakening!

The US durable goods orders excluding defence had declined after the US retail sales had stalled.

https://sg-stock.blogspot.com/2026/02/us-retail-sales-have-stalled.html

This shows that the US consumption has begun to weaken.

Mermaid Maritime - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
11/19/25	CIMB	Mermaid Maritime	0.126	0.14	Add

Megachem - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
09/22/25	SAC Capital	Megachem	0.46	0.5	Hold

Marco Polo - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
12/04/24	Kim Eng	Marco Polo	0.053	0.08	Buy
12/06/24	UOB Kay Hian	Marco Polo	0.055	0.072	Buy	PER9.5x FY25
12/13/24	CIMB	Marco Polo	0.054	0.08	Add
01/03/25	Lim & Tan	Marco Polo	0.053	0	Accumulate on weakness
01/14/25	DMG & Partners	Marco Polo	0.054	0.08	Buy	DCF
01/20/25	Lim & Tan	Marco Polo	0.055	0.078	Accumulate on weakness
02/03/25	UOB Kay Hian	Marco Polo	0.055	0.072	Buy	PER9.5x FY25
03/04/25	UOB Kay Hian	Marco Polo	0.05	0.072	Buy	PER9.5x FY25
03/11/25	Lim & Tan	Marco Polo	0.05	0.0755	Buy
04/30/25	UOB Kay Hian	Marco Polo	0.042	0.066	Buy	PER9.5x FY25
05/07/25	UOB Kay Hian	Marco Polo	0.041	0.072	Buy	PER9.5x FY25
05/15/25	CIMB	Marco Polo	0.044	0.072	Add
05/16/25	CIMB	Marco Polo	0.043	0.06	Add
06/09/25	DMG & Partners	Marco Polo	0.045	0.07	Buy
07/24/25	Kim Eng	Marco Polo	0.056	0.07	Buy
08/06/25	DMG & Partners	Marco Polo	0.058	0.07	Buy
08/19/25	Lim & Tan	Marco Polo	0.065	0.065	Hold
08/20/25	UOB Kay Hian	Marco Polo	0.063	0.076	Buy
08/22/25	Lim & Tan	Marco Polo	0.069	0.082	Buy	PER10x FY26
08/27/25	UOB Kay Hian	Marco Polo	0.067	0.088	Buy	PER11.3x FY26
08/27/25	Kim Eng	Marco Polo	0.067	0.09	Buy	PER11x FY26
09/08/25	Lim & Tan	Marco Polo	0.069	0.082	Buy	PER10x FY26
09/17/25	DMG & Partners	Marco Polo	0.074	0.085	Buy
09/25/25	Lim & Tan	Marco Polo	0.076	0.086	Buy
09/26/25	UOB Kay Hian	Marco Polo	0.077	0.088	Buy	PER11.3x FY26
10/06/25	CIMB	Marco Polo	0.079	0.1	Add	PER
10/23/25	DMG & Partners	Marco Polo	0.088	0.1	Buy
10/24/25	Kim Eng	Marco Polo	0.093	0.11	Buy	PER13.5x FY26
11/14/25	CIMB	Marco Polo	0.104	0.14	Add	PER
11/14/25	Lim & Tan	Marco Polo	0.104	0.11	Buy
11/17/25	UOB Kay Hian	Marco Polo	0.107	0.138	Buy	PER16x FY26
11/18/25	Kim Eng	Marco Polo	0.109	0.13	Buy	PER14x FY26
12/01/25	CIMB	Marco Polo	0.117	0.14	Add	PER
12/01/25	DMG & Partners	Marco Polo	0.117	0.14	Buy
12/01/25	Lim & Tan	Marco Polo	0.117	0.13	Buy
12/08/25	UOB Kay Hian	Marco Polo	0.14	0.188	Buy	PER20.5x FY26
12/09/25	CIMB	Marco Polo	0.148	0.2	Add
01/09/26	Lim & Tan	Marco Polo	0.15	0.18	Accumulate
01/16/26	UOB Kay Hian	Marco Polo	0.153	0.188	Buy	PER20.5x FY26
01/19/26	DMG & Partners	Marco Polo	0.152	0.177	Buy
01/26/26	Kim Eng	Marco Polo	0.157	0.2	Buy
02/19/26	Kim Eng	Marco Polo	0.151	0.2	Buy
02/19/26	Lim & Tan	Marco Polo	0.151	0.19	Accumulate on weakness

Stock calls for 19 February 2026

Date	Analyst	Company	Last	Target	Call	Valuation
02/19/26	Kim Eng	Addvalue	0.083	0.12	Buy	PER35x FY27/28
02/19/26	Lim & Tan	CSE Global	1.27	1.3	Hold
02/19/26	DBS Vickers	Genting	0.77	0.9	Buy	EV/Ebitda7.3x FY26
02/19/26	Lim & Tan	KSH	0.35	0.51	Accumulate	Sum of parts
02/19/26	UOB Kay Hian	Lendlease Reit	0.625	0.78	Buy	DDM
02/19/26	Kim Eng	Marco Polo	0.151	0.2	Buy
02/19/26	Lim & Tan	Marco Polo	0.151	0.19	Accumulate on weakness
02/19/26	Kim Eng	Thai Beverage	0.475	0.43	Hold
02/19/26	DBS Vickers	Ultragreen	1.68	2.05	Buy	PER26x FY26

Down with western colonialism and imperialism!

The US was concocting a western imperialism and colonialism plan with the EU in Munich to implement a slavery scheme on the global south which was singled out by the devilish Rubio.

The time has come for the global south to unite with China to fight this western imperialism or else Asians, Africans and non-whites will be relegated as slaves again.  The global south ancestors were  made slaves by the west in the past.  Thus, the global south descendants must NEVER be made slaves ever again.

We really need to nip this imperialism bud before it blossoms because prevention is better than the cure.

China CNY festival gala show is awesome!

It is such a pity that Singapore doesn't broadcast this fantastic China CNY festival gala show this year.  We've seen the technological transformation from drones formations to the humanoid robotic performances in China and there is no other country that can progress at such a pace like China.  Kudos to China!

Singapore NODX increased by 9.3% in January 2026.

Year-on-year changes:

January  2026: 9.3%

December 2025: 6.1%

November 2025: 11.5%

October 2025: 22.2%

September 2025: 6.9%

August 2025: -11.3%

July 2025: -4.6%

June 2025: 13%

May 2025: -3.5%

April 2025:12.4%

March 2025: 5.4%

February 2025: 7.6%

January 2025: -2.1%

December 2024: 9%

November 2024: 3.4%

October 2024: -4.6%

September 2024: 2.7%

August 2024: 10.7%

July 2024: 15.7%

June 2024: -8.7%

May 2024: -0.1%

April 2024: -9.6%

March 2024: -20.7%

February 2024: -0.1%

January 2024: +16.8%

Mapletree Logistics - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
12/16/24	Kim Eng	Mapletree Logistics	1.27	1.6	Buy	DDM
01/02/25	UOB Kay Hian	Mapletree Logistics	1.27	1.45	Hold	DDM
01/02/25	JPM	Mapletree Logistics	1.27	2.5	Overweight
01/02/25	CIMB	Mapletree Logistics	1.27	1.73	Add
01/03/25	UOB Kay Hian	Mapletree Logistics	1.29	1.41	Hold	DDM
01/17/25	Lim & Tan	Mapletree Logistics	1.27	1.56	Accumulate
01/22/25	DBS Vickers	Mapletree Logistics	1.27	1.75	Buy	PB1x
01/23/25	UOB Kay Hian	Mapletree Logistics	1.27	1.35	Hold	DDM
01/23/25	MorningStar	Mapletree Logistics	1.27	1.54	Buy
03/06/25	UOB Kay Hian	Mapletree Logistics	1.25	1.35	Hold	DDM
03/06/25	JPM	Mapletree Logistics	1.25	1.9	Underweight
04/01/25	UOB Kay Hian	Mapletree Logistics	1.31	1.35	Hold	DDM
04/24/25	DBS Vickers	Mapletree Logistics	1.21	1.55	Buy	DCF
04/25/25	UOB Kay Hian	Mapletree Logistics	1.16	1.31	Hold	DDM
04/25/25	CIMB	Mapletree Logistics	1.16	1.63	Add
05/13/25	DBS Vickers	Mapletree Logistics	1.08	1.55	Buy	DCF
05/21/25	UOB Kay Hian	Mapletree Logistics	1.09	1.31	Hold	DDM
06/27/25	UOB Kay Hian	Mapletree Logistics	1.16	1.43	Hold	DDM
07/24/25	DBS Vickers	Mapletree Logistics	1.21	1.55	Buy	DCF
07/24/25	OCBC	Mapletree Logistics	1.21	1.46	Buy
07/25/25	UOB Kay Hian	Mapletree Logistics	1.19	1.33	Hold	DDM
09/01/25	UOB Kay Hian	Mapletree Logistics	1.22	1.33	Hold	DDM
10/28/25	JPM	Mapletree Logistics	1.3	1.5	Overweight
10/29/25	DBS Vickers	Mapletree Logistics	1.33	1.55	Buy	DCF
10/30/25	CIMB	Mapletree Logistics	1.36	1.68	Add	DDM
10/31/25	UOB Kay Hian	Mapletree Logistics	1.35	1.38	Hold	DDM
11/18/25	DBS Vickers	Mapletree Logistics	1.29	1.55	Buy	DCF
01/19/26	DBS Vickers	Mapletree Logistics	1.36	1.55	Buy	DCF
01/27/26	CIMB	Mapletree Logistics	1.353	1.68	Add	DDM
01/28/26	UOB Kay Hian	Mapletree Logistics	1.37	1.38	Hold	DDM
01/28/26	Lim & Tan	Mapletree Logistics	1.37	1.41	Hold