Bitcoin prices will continue to fall in 2019!

https://sg.finance.yahoo.com/news/no-investment-strategies-worse-cryptocurrencies-115440699.html

Bitcoins are the worst investments among other financial derivatives.

As more people get educated about crypto, they will forsake and abandon cryptos.

Please read our analysis on crypto and ICO.

http://sg-stock.blogspot.com/2018/11/a-financial-analysis-on-initial-coin.html

Do not buy or use digital lock!

There is a cheap and simple device that can be used to unlock all digital locks.  Just wave the device around the digital lock to unlock it. So scary!

Do not use iphone installed car riding app in china.

The installed Iphone's car riding app costs about 30% more than installed Android's car riding app in China.  This is because Apple charges a 30% commission for the installed app.

Baltic dry index - 1271

Today, Monday, December 24 2018, the Baltic Dry Index decreased by 8 points, reaching 1271 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.

================

Related stocks: Sembcorp Marine, Cosco & Pan Ocean.

US rig count - 1083

The U.S. added two oil rigs this week, marking the second consecutive week for an increase, according to data compiled by Baker Hughes, a GE Company.

This week’s gain comes on the heels of an addition of 10 oil rigs last week. The nation’s number of active oil rigs is now 885.

The United States also added one gas rig this week.

The rig count for all but three major basins remained flat this week, including the Permian – which accounts for more than half of the nation’s oil rigs. The Granite Wash, Haynesville and Utica all added one rig apiece this week.

For the month of December, the rig count fell by two, its first decline in six months. But for the fourth quarter, the count was up 26, the fourth increase in a row, Reuters reported.

The total active rig count for this week is 1,083. This is 154 more than one year ago.

==================

Related stocks: Keppel Corp, Sembcorp Marine & Cosco.

Indonesia Tsunami CCTV footage.

The CCTV captured people running for their lives!

Advancer Global Ltd - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/02/18	SAC Advisors	Advancer Global Ltd	0.285	0.36	Buy
12/20/18	SAC Advisors	Advancer Global Ltd	0.23	0.36	Buy

Addvalue - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/08/18	NRA	Addvalue	0.042	0.079	Not Rated
04/25/18	NRA	Addvalue	0.04	0.079	Not Rated
06/08/18	NRA	Addvalue	0.041	0.052	Overweight	Mid-point of target $0.0485-$0.0552

Accrelist - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/31/18	NRA	Accrelist	0.006	0.012	Overweight

Accordia Golf Trust - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
04/24/18	Amfrasers	Accordia Golf Trust	0.64	0.78	Buy	DDM
05/31/18	Lim & Tan	Accordia Golf Trust	0.595	0	Hold
06/01/18	Amfrasers	Accordia Golf Trust	0.605	0.7	Buy	DDM
08/21/18	Amfrasers	Accordia Golf Trust	0.565	0.7	Buy
11/15/18	Amfrasers	Accordia Golf Trust	0.49	0.61	Hold

Crypto exchanges are on the verge of collapsing now!

https://sg.finance.yahoo.com/news/bitcoin-exchange-giant-huobi-announces-095511105.html

As crypto prices stay low, these crypto exchanges' survival is getting difficult.  Many crypto exchanges will collapse when crypto prices go lower.  If bitcoin price goes below US$2,000, many crypto exchanges cannot survive because of the high expenses.  The VCs behind these exchanges will suffer humongous losses just like those who invested in bike sharing businesses.

Ascendas Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/04/18	Deutsche	A-Reit	2.74	2.75	Hold
01/05/18	DMG & Partners	A-Reit	2.79	2.9	Buy	DDM
01/19/18	UOB Kay Hian	A-Reit	2.77	3.05	Buy
01/19/18	Kim Eng	A-Reit	2.77	3	Buy
01/26/18	Phillip	A-Reit	2.75	2.89	Accumulate	DDM, PB1.36x FY18
01/26/18	OCBC	A-Reit	2.75	2.69	Hold
01/26/18	DBS Vickers	A-Reit	2.75	2.85	Buy
01/26/18	CIMB	A-Reit	2.75	2.88	Add
02/12/18	Phillip	A-Reit	2.57	2.87	Accumulate
02/13/18	UOB Kay Hian	A-Reit	2.58	3.05	Buy
02/20/18	DMG & Partners	A-Reit	2.62	2.9	Buy
02/20/18	DBS Vickers	A-Reit	2.62	2.85	Buy
03/05/18	UOB Kay Hian	A-Reit	2.61	3.05	Buy
03/06/18	UOB Kay Hian	A-Reit	2.58	2.76	Buy
03/19/18	DBS Vickers	A-Reit	2.66	2.85	Buy
03/27/18	Phillip	A-Reit	2.6	2.89	Accumulate
04/16/18	Kim Eng	A-Reit	2.69	3.05	Buy	DDM
04/16/18	DMG & Partners	A-Reit	2.69	2.9	Buy
04/24/18	Phillip	A-Reit	2.65	2.91	Accumulate	DDM, PB1.37x FY18/19
04/24/18	UOB Kay Hian	A-Reit	2.65	3.05	Buy	DDM
04/24/18	DMG & Partners	A-Reit	2.65	2.95	Buy	DDM
04/24/18	CIMB	A-Reit	2.65	2.85	add	DDM
04/24/18	OCBC	A-Reit	2.65	2.71	Hold
04/24/18	DBS Vickers	A-Reit	2.65	3	Buy	DCF
04/25/18	Jefferies	A-Reit	2.68	2.95	Buy
05/02/18	UOB Kay Hian	A-Reit	2.67	3.05	Buy
05/08/18	DBS Vickers	A-Reit	2.65	3	Buy
05/17/18	DMG & Partners	A-Reit	2.64	2.95	Buy
05/21/18	Phillip	A-Reit	2.65	2.91	Accumulate
06/04/18	UOB Kay Hian	A-Reit	2.64	3.05	Buy
06/26/18	DBS Vickers	A-Reit	2.58	3	Buy
07/03/18	UOB Kay Hian	A-Reit	2.61	3.05	Buy
07/06/18	DBS Vickers	A-Reit	2.65	3	Buy
07/16/18	Phillip	A-Reit	2.71	2.91	Accumulate
07/27/18	OCBC	A-Reit	2.72	2.71	Hold
07/27/18	Deutsche	A-Reit	2.72	2.8	Hold
07/30/18	Phillip	A-Reit	2.73	2.96	Accumulate	DDM, PB1.39x FY19
07/30/18	CIMB	A-Reit	2.73	2.89	Add	DDM
07/31/18	UOB Kay Hian	A-Reit	2.76	3.01	Buy	DDM
07/31/18	Deutsche	A-Reit	2.76	2.75	Hold
08/17/18	UOB Kay Hian	A-Reit	2.73	3.01	Buy
08/24/18	DBS Vickers	A-Reit	2.73	3	Buy
09/07/18	OCBC	A-Reit	2.69	2.71	Hold
09/10/18	CIMB	A-Reit	2.63	2.89	Add	DDM
09/25/18	Deutsche	A-Reit	2.59	2.75	Hold
10/01/18	Kim Eng	A-Reit	2.64	3.05	Buy	DDM
10/01/18	OCBC	A-Reit	2.64	2.71	Hold
10/02/18	Lim & Tan	A-Reit	2.63	0	Hold
10/04/18	Jefferies	A-Reit	2.6	2.95	Buy
10/04/18	Phillip	A-Reit	2.6	2.82	Accumulate	DDM, PB1.32x FY18
10/12/18	UOB Kay Hian	A-Reit	2.57	3.01	Buy
10/16/18	DMG & Partners	A-Reit	2.5	2.9	Buy	DDM
10/25/18	UOB Kay Hian	A-Reit	2.56	3.01	Buy
10/26/18	CIMB	A-Reit	2.58	2.84	Add	DDM
10/26/18	DBS Vickers	A-Reit	2.58	2.95	Buy	DCF
10/26/18	Phillip	A-Reit	2.58	2.78	Accumulate	DDM, PB1.3x FY19
10/26/18	OCBC	A-Reit	2.58	2.64	Hold
10/26/18	Kim Eng	A-Reit	2.58	2.95	Buy	DDM
11/08/18	UOB Kay Hian	A-Reit	2.54	3.01	Buy
11/21/18	Phillip	A-Reit	2.55	2.78	Accumulate
12/11/18	DMG & Partners	A-Reit	2.56	2.9	Buy

800Super - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/16/18	Phillip	800Super	1.25	1.4	Accumulate	DCF, PER16.3x FY18
02/12/18	Phillip	800Super	1.14	1.35	Accumulate	DCF, PER17.8x FY18
05/14/18	Phillip	800Super	1.12	1.3	Accumulate	DCF, PER19.1x FY18
09/03/18	Phillip	800Super	0.635	1.03	Buy	DCF, PER13x FY19
11/13/18	Phillip	800Super	0.785	0.8	Neutral	DCF, PER18.2x FY19

Yuuzoo - Stock calls

07/06/17	Lim & Tan	Yuuzoo	0.077	0	-100.00	Fraud alert
08/16/17	Lim & Tan	Yuuzoo	0.055	0	-100.00
12/22/17	Lim & Tan	Yuuzoo	0.048	0	-100.00
03/20/18	Lim & Tan	Yuuzoo	0.038	0	-100.00

Stock calls for 27 December 2018

Date	Analyst	Company	Last	Target	Call	Valuation
12/27/18	DMG & Partners	Yoma	0.33	0.57	Buy	Sum of parts (20% discount)

SGX has lost its IPO crown jewel status.

https://sg.finance.yahoo.com/news/vietnam-unseats-singapore-largest-ipo-010200169.html

This is not unexpected as we've posted that SGX would find it increasingly hard to get companies to list in SG.

http://sg-stock.blogspot.com/2017/04/sgx-is-finding-increasingly-hard-to.html

The SGX today is a derivatives market and not a securities market anymore.  Therefore, it is not surprising that companies do not want to list in SG but prefer to go to HK, China and US.  Even a developing country like Vietnam can unseat SG. Sigh!

Yongnam - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
10/26/17	CIMB	Yongnam	0.305	0.53	Add	PB0.8x FY18
12/20/17	CIMB	Yongnam	0.325	0.53	Add
01/05/18	CIMB	Yongnam	0.335	0.53	Add	PB0.8x FY18
02/02/18	CIMB	Yongnam	0.35	0.53	Add	PB0.8x FY18
03/02/18	CIMB	Yongnam	0.3	0.57	Add	PB0.8x FY19
04/10/18	CIMB	Yongnam	0.29	0.57	Add	PB0.8x FY19
05/16/18	CIMB	Yongnam	0.31	0.56	Add	PB0.8x FY19
08/15/18	CIMB	Yongnam	0.255	0.45	Add	PB0.8x FY19
11/05/18	CIMB	Yongnam	0.186	0.45	Add	PB0.8x FY19

Yoma - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/03/17	DMG & Partners	Yoma	0.585	0.75	Buy	Sum of parts (10% discount)
02/13/17	DBS Vickers	Yoma	0.58	0.8	Buy
03/28/17	DMG & Partners	Yoma	0.62	0.78	Buy	Sum of parts (10% discount)
04/11/17	DIR	Yoma	0.63	0.66	Hold	Sum of parts (30% discount)
05/24/17	OCBC	Yoma	0.575	0.54	Hold
05/25/17	DBS Vickers	Yoma	0.575	0.8	Buy
05/25/17	DIR	Yoma	0.575	0.62	Hold	Sum of parts (30% discount)
06/06/17	DMG & Partners	Yoma	0.59	0.78	Buy	Sum of parts (10% discount)
07/05/17	OCBC	Yoma	0.585	0.54	Hold
07/27/17	OCBC	Yoma	0.61	0.58	Hold
07/27/17	DMG & Partners	Yoma	0.61	0.78	Buy	Sum of parts (10% discount)
08/21/17	OCBC	Yoma	0.565	0.58	Hold
09/15/17	OCBC	Yoma	0.58	0.58	Hold
10/11/17	OCBC	Yoma	0.6	0.58	Hold
10/30/17	DBS Vickers	Yoma	0.59	0.75	Buy	Sum of parts (30% discount)
11/06/17	OCBC	Yoma	0.585	0.55	Hold
12/15/17	DBS Vickers	Yoma	0.54	0.75	Buy
01/02/18	OCBC	Yoma	0.54	0.55	Hold
02/07/18	OCBC	Yoma	0.48	0.55	Buy
03/07/18	OCBC	Yoma	0.42	0.51	Buy	Sum of parts
03/07/18	DBS Vickers	Yoma	0.42	0.75	Buy
05/03/18	DMG & Partners	Yoma	0.43	0.66	Buy	Sum of parts
05/31/18	DBS Vickers	Yoma	0.4	0.58	Buy	RNAV (40% discount)
06/29/18	CIMB	Yoma	0.365	0.62	Not Rated	Bloomberg consensus
11/14/18	DBS Vickers	Yoma	0.35	0.4	Buy	RNAV (60% discount)

Yanlord - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/02/17	DBS Vickers	Yanlord	1.5	2.21	Buy	PER8.9x FY17
05/17/17	DBS Vickers	Yanlord	1.895	2.25	Buy	PER8.3x FY17
05/18/17	Macquarie	Yanlord	1.88	0	Outperform
11/15/17	DBS Vickers	Yanlord	1.74	2.25	Buy	PER7.1x FY18
01/03/18	Citibank	Yanlord	1.72	1.75	Neutral	RNAV (50% discount)
05/21/18	DBS Vickers	Yanlord	1.67	2.27	Buy	PER6x FY18
06/06/18	OCBC	Yanlord	1.7	2.24	Buy	PER6x
08/16/18	OCBC	Yanlord	1.51	2.13	Buy	PER5.5x
08/20/18	DBS Vickers	Yanlord	1.48	2.17	Buy	PER5.5x FY18/19
11/14/18	OCBC	Yanlord	1.28	2.13	Buy
11/21/18	OCBC	Yanlord	1.26	2.04	Buy	PEG
11/30/18	DBS Vickers	Yanlord	1.3	1.62	Buy	PER4.7x FY19

Yangzijiang - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/02/17	DBS Vickers	Yangzijiang	0.98	1.12	Buy	Sum of parts
03/02/17	DIR	Yangzijiang	0.98	0.82	Underperform	PER7.4x FY17
03/02/17	OCBC	Yangzijiang	0.98	0.96	Hold	PER8x
03/15/17	CIMB	Yangzijiang	1.105	1.21	Add	Sum of parts
04/03/17	CIMB	Yangzijiang	1.13	1.21	Add	Sum of parts
04/12/17	Credit Suisse	Yangzijiang	1.155	1	Neutral
04/28/17	Credit Suisse	Yangzijiang	1.16	1.1	Neutral
04/28/17	OCBC	Yangzijiang	1.16	0.96	Hold
05/02/17	CIMB	Yangzijiang	1.15	1.25	Buy	Sum of parts
05/02/17	DBS Vickers	Yangzijiang	1.15	1.35	Buy	Sum of parts
05/02/17	OCBC	Yangzijiang	1.15	1.18	Hold	Sum of parts
06/08/17	CLSA	Yangzijiang	1.235	0.9	Sell
07/06/17	OCBC	Yangzijiang	1.225	1.18	Hold
07/18/17	Credit Suisse	Yangzijiang	1.34	1.1	Neutral
07/21/17	DBS Vickers	Yangzijiang	1.35	1.35	Buy
08/10/17	UOB Kay Hian	Yangzijiang	1.555	1.42	Hold	PB1.1x, Buy @ $1.14
08/10/17	CIMB	Yangzijiang	1.555	1.66	Add	Sum of parts, PB1x
08/10/17	Credit Suisse	Yangzijiang	1.555	1.5	Neutral	Sum of parts
08/10/17	OCBC	Yangzijiang	1.555	1.58	Hold	Buy @ $1.48
08/11/17	DBS Vickers	Yangzijiang	1.595	1.7	Buy	Sum of parts, PB1.3x
08/25/17	DIR	Yangzijiang	1.565	1.24	Sell	PER10x FY17/18
09/04/17	CIMB	Yangzijiang	1.495	1.66	Add	Sum of parts
09/04/17	DBS Vickers	Yangzijiang	1.495	1.7	Buy	Sum of parts, PB1.3x
09/06/17	Credit Suisse	Yangzijiang	1.415	1.5	Neutral
09/25/17	OCBC	Yangzijiang	1.41	1.48	Hold
10/09/17	DBS Vickers	Yangzijiang	1.49	1.7	Buy
10/26/17	Credit Suisse	Yangzijiang	1.53	1.5	Neutral
11/13/17	OCBC	Yangzijiang	1.64	1.63	Hold
11/13/17	CIMB	Yangzijiang	1.64	1.8	Add	Sum of parts
11/14/17	DBS Vickers	Yangzijiang	1.67	1.82	Buy	Sum of parts, PB1.3x
12/20/17	CIMB	Yangzijiang	1.49	1.8	Add
03/02/18	OCBC	Yangzijiang	1.45	1.49	Hold	Sum of parts
03/02/18	CIMB	Yangzijiang	1.45	1.51	Hold	Sum of parts
03/05/18	DBS Vickers	Yangzijiang	1.41	1.82	Buy	Sum of parts, PB1.3x
03/16/18	OCBC	Yangzijiang	1.3	1.34	Hold	Sum of parts
04/30/18	DBS Vickers	Yangzijiang	1.16	1.82	Buy
04/30/18	CIMB	Yangzijiang	1.16	1.27	Hold	Sum of parts
04/30/18	OCBC	Yangzijiang	1.16	1.22	Hold
05/02/18	DBS Vickers	Yangzijiang	1.17	1.82	Buy	Sum of parts
06/06/18	CIMB	Yangzijiang	1.02	1.27	Add	Sum of parts
06/12/18	OCBC	Yangzijiang	0.995	1.18	Buy	Sum of parts
06/25/18	UOB Kay Hian	Yangzijiang	0.96	1.3	Buy
07/03/18	DBS Vickers	Yangzijiang	0.885	1.82	Buy	Sum of parts, PB1.25x
07/03/18	UOB Kay Hian	Yangzijiang	0.885	1.3	Buy
07/11/18	CIMB	Yangzijiang	0.91	1.27	Add	Sum of parts
08/08/18	CIMB	Yangzijiang	0.91	1.29	Add	Sum of parts
08/08/18	OCBC	Yangzijiang	0.91	1.23	Buy
08/10/18	DBS Vickers	Yangzijiang	0.99	1.82	Buy	Sum of parts
09/26/18	JP Morgan	Yangzijiang	1.17	1.4	Overweight
10/03/18	OCBC	Yangzijiang	1.26	1.32	Hold
10/15/18	DBS Vickers	Yangzijiang	1.27	1.82	Buy	Sum of parts, PB1.3x
10/19/18	JP Morgan	Yangzijiang	1.37	1.4	Neutral
10/30/18	UOB Kay Hian	Yangzijiang	1.21	1.25	Buy
11/08/18	OCBC	Yangzijiang	1.29	1.41	Buy
11/08/18	CIMB	Yangzijiang	1.29	1.37	Add	Sum of parts
11/09/18	UOB Kay Hian	Yangzijiang	1.32	1.36	Hold	PB0.9x FY19
11/12/18	DBS Vickers	Yangzijiang	1.3	1.82	Buy	Sum of parts
12/21/18	DBS Vickers	Yangzijiang	1.21	1.82	Buy

Apple sales will continue to plunge in China.

https://finance.yahoo.com/news/chinese-companies-paying-employees-buy-154723513.html

Anti-US sentiment is the proximate cause of the decline in Apple's sales in China and Apple is set to continue to fall further because consumers will not replace their mobile phones for 2 years after buying Huawei.

The stock markets plunge heavily because of the Treasury Secretary.

The Treasury Secretary, Steven Mnuchin, is about to convene a "plunge protection team" to handle the financial issues.  This action spooked the markets after the formation news was out because this formation would usually occur during a financial crisis.

Is Steven trying to signal to the market that a financial crisis is in the offing?

No wonder the stock markets crash like hell!

Y Venture - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/22/17	UOB Kay Hian	Y Venture	0.196	0.28	Buy
01/29/18	Phillip	Y Venture	0.44	0.7	Buy	PER30x FY18
03/05/18	Phillip	Y Venture	0.68	0.7	Neutral	PER30x FY18
03/05/18	UOB Kay Hian	Y Venture	0.68	0.8	Buy	Up from $0.65
03/28/18	DBS Vickers	Y Venture	0.535	0.77	Buy	EV/Ebitda20x FY19
04/09/18	UOB Kay Hian	Y Venture	0.53	0.8	Buy	PEG0.86x, Price-To-Sales2.6x FY19
05/28/18	CIMB	Y Venture	0.48	0.62	Add
06/28/18	CIMB	Y Venture	0.445	0.62	Add	PER30x CY19
08/02/18	CIMB	Y Venture	0.5	0.62	Add	PER30x FY19
08/02/18	DBS Vickers	Y Venture	0.5	0.77	Buy	EV/Ebitda20x FY19
08/03/18	Phillip	Y Venture	0.5	0.7	Buy
08/16/18	CIMB	Y Venture	0.445	0.56	Add	PER30x FY19
08/17/18	Phillip	Y Venture	0.44	0.61	Buy	PER30x FY18
08/28/18	DBS Vickers	Y Venture	0.4	0.48	Hold	EV/Ebitda19x FY19
09/14/18	CIMB	Y Venture	0.275	0.56	Add
10/30/18	DBS Vickers	Y Venture	0.24	0.34	Hold	EV/Ebitda14x FY19
10/30/18	UOB Kay Hian	Y Venture	0.24	0.57	Buy	PB2.1x FY19
11/30/18	CIMB	Y Venture	0.28	0.56	Add	PER30x FY19

World Class - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
12/26/17	UOB Kay Hian	World Class	0.23	0.32	Buy

Wing Tai - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/11/17	Kim Eng	Wing Tai	1.64	1.67	Hold
01/11/17	Jefferies	Wing Tai	1.64	2.88	Buy	Up from $2.40
02/07/17	OCBC	Wing Tai	1.785	2.37	Buy
03/10/17	CIMB	Wing Tai	1.79	2.05	Add	RNAV (35% discount)
03/13/17	Deutsche	Wing Tai	1.935	2	Buy
03/13/17	Kim Eng	Wing Tai	1.935	1.67	Hold
03/13/17	OCBC	Wing Tai	1.935	2.37	Buy
03/13/17	UOB Kay Hian	Wing Tai	1.935	2.54	Buy
03/16/17	Kim Eng	Wing Tai	1.9	1.8	Hold
05/12/17	Deutsche	Wing Tai	1.86	2.4	Buy
05/12/17	Kim Eng	Wing Tai	1.86	1.85	Hold
05/24/17	CIMB	Wing Tai	1.845	2.05	Add	RNAV (35% discount)
05/24/17	Lim & Tan	Wing Tai	1.845	0	Buy on weakness
05/24/17	OCBC	Wing Tai	1.845	2.37	Buy
05/24/17	UOB Kay Hian	Wing Tai	1.845	2.61	Buy	RNAV (25% discount)
06/05/17	OCBC	Wing Tai	1.91	2.37	Buy
06/14/17	DBS Vickers	Wing Tai	2.01	2.37	Buy
06/22/17	Deutsche	Wing Tai	2.02	2.93	Buy
07/18/17	CIMB	Wing Tai	2.02	2.05	Add
08/25/17	CIMB	Wing Tai	2.13	2.32	Add	RNAV (35% discount)
08/25/17	Lim & Tan	Wing Tai	2.13	0	Buy
08/29/17	OCBC	Wing Tai	2.12	2.37	Buy
09/05/17	UOB Kay Hian	Wing Tai	2.11	2.61	Buy	RNAV (25% discount)
10/04/17	UOB Kay Hian	Wing Tai	2.18	2.61	Buy	RNAV (25% discount)
10/06/17	Lim & Tan	Wing Tai	2.24	0	Buy
10/20/17	Deutsche	Wing Tai	2.24	2.6	Buy
10/24/17	Lim & Tan	Wing Tai	2.32	0	Buy
10/25/17	OCBC	Wing Tai	2.33	2.77	Buy
10/25/17	DBS Vickers	Wing Tai	2.33	2.77	Buy
11/02/17	UOB Kay Hian	Wing Tai	2.42	2.61	Buy	RNAV (25% discount)
12/01/17	UOB Kay Hian	Wing Tai	2.17	2.78	Buy
12/14/17	OCBC	Wing Tai	2.3	2.77	Buy
01/04/18	UOB Kay Hian	Wing Tai	2.29	2.78	Buy	RNAV (20% discount)
01/04/18	Deutsche	Wing Tai	2.29	2.6	Buy
01/19/18	UOB Kay Hian	Wing Tai	2.34	2.78	Buy
02/13/18	OCBC	Wing Tai	2.13	2.64	Buy	RNAV (10% discount)
02/13/18	UOB Kay Hian	Wing Tai	2.13	2.78	Buy
03/02/18	UOB Kay Hian	Wing Tai	2.2	2.78	Buy
04/03/18	UOB Kay Hian	Wing Tai	2.06	2.78	Buy
04/03/18	CIMB	Wing Tai	2.06	1.96	Hold
05/03/18	UOB Kay Hian	Wing Tai	2.05	2.78	Buy	RNAV (20% discount)
06/05/18	UOB Kay Hian	Wing Tai	2.05	2.78	Buy	RNAV (20% discount)
07/04/18	UOB Kay Hian	Wing Tai	1.99	2.78	Buy	RNAV (20% discount)
07/24/18	Jefferies	Wing Tai	2.11	2.4	Buy
08/29/18	CIMB	Wing Tai	2	1.97	Hold	RNAV (45% discount)
08/29/18	OCBC	Wing Tai	2	2.41	Buy	RNAV (15% discount)
08/29/18	Lim & Tan	Wing Tai	2	0	Buy
10/29/18	OCBC	Wing Tai	1.94	2.41	Buy
12/07/18	UOB Kay Hian	Wing Tai	1.96	2.45	Buy