https://sg.news.yahoo.com/virus-detected-sub-saharan-africa-global-stocks-tank-044456027.html
This is really a piece of bad news for the stock markets.
The world is just waiting for a major outbreak in the USA now. Even the US CDC said that it would be a matter of WHEN and not IF. The US cannot contain the US flu virus and I doubt the US will be able to contain the covid-19 outbreak like what China is doing. I suspect the US will focus on supportive healthcare for this outbreak instead which is what SG is doing.
Let's see how this will unfold.
Saturday, February 29, 2020
Beware of Goldman Sachs!
GS is a devious investment bank! Why?
Firstly, GS advised investors not to buy the stock dip.
https://www.marketwatch.com/story/dont-buy-the-stock-dip-yet-says-goldman-as-it-warns-coronavirus-will-wipe-out-earnings-growth-this-year-2020-02-27
Then, GS AMU went on to scoop up company shares during the stock dip despite telling investors not to buy.
https://sg.finance.yahoo.com/news/goldmans-asset-management-unit-ups-220513061.html
Shame on you, GS!
Firstly, GS advised investors not to buy the stock dip.
https://www.marketwatch.com/story/dont-buy-the-stock-dip-yet-says-goldman-as-it-warns-coronavirus-will-wipe-out-earnings-growth-this-year-2020-02-27
Then, GS AMU went on to scoop up company shares during the stock dip despite telling investors not to buy.
https://sg.finance.yahoo.com/news/goldmans-asset-management-unit-ups-220513061.html
Shame on you, GS!
Baltic dry index - 529
Today, Thursday, February 27 2020, the Baltic Dry Index climbed by 12 points, reaching 529 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 stock: Sembcorp Marine, Cosco & Pan ocean.
United airlines and British Airways have cut flights to Singapore due to covid-19 outbreak.
https://www.channelnewsasia.com/news/business/united-airlines-cancels-flights-tokyo-seoul-singapore-12482822
https://www.channelnewsasia.com/news/world/covid19-british-airways-flights-italy-south-korea-singapore-12479098
If more airlines follow the US and UK, Singapore will become an isolated island and our air hub businesses will be badly affected.
https://www.channelnewsasia.com/news/world/covid19-british-airways-flights-italy-south-korea-singapore-12479098
If more airlines follow the US and UK, Singapore will become an isolated island and our air hub businesses will be badly affected.
Friday, February 28, 2020
Netlink - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/02/19 | UOB Kay Hian | Netlink | 0.765 | 0.99 | Buy | DCF |
| 01/02/19 | Kim Eng | Netlink | 0.765 | 0.93 | Buy | |
| 01/15/19 | DBS Vickers | Netlink | 0.77 | 0.87 | Buy | DCF |
| 02/07/19 | Kim Eng | Netlink | 0.785 | 0.93 | Buy | DDM, PER38.8x FY21 |
| 02/08/19 | DBS Vickers | Netlink | 0.79 | 0.87 | Buy | DCF, PER32.6x FY21 |
| 02/08/19 | UOB Kay Hian | Netlink | 0.79 | 0.99 | Buy | |
| 02/15/19 | UOB Kay Hian | Netlink | 0.805 | 0.92 | Buy | DCF, PER40x FY21 |
| 02/18/19 | OCBC | Netlink | 0.805 | 0.9 | Buy | |
| 03/15/19 | OCBC | Netlink | 0.795 | 0.9 | Buy | |
| 03/27/19 | Phillip | Netlink | 0.825 | 0.89 | Accumulate | DCF |
| 04/01/19 | UOB Kay Hian | Netlink | 0.83 | 0.92 | Buy | |
| 04/01/19 | Kim Eng | Netlink | 0.83 | 0.93 | Buy | |
| 05/07/19 | UOB Kay Hian | Netlink | 0.825 | 0.92 | Buy | DCF |
| 05/09/19 | DBS Vickers | Netlink | 0.82 | 0.87 | Buy | |
| 05/15/19 | OCBC | Netlink | 0.835 | 0.95 | Buy | |
| 05/15/19 | DBS Vickers | Netlink | 0.835 | 0.9 | Buy | DCF |
| 05/15/19 | Phillip | Netlink | 0.835 | 0.93 | Accumulate | DCF |
| 05/15/19 | Kim Eng | Netlink | 0.835 | 0.94 | Buy | DDM |
| 06/03/19 | Phillip | Netlink | 0.83 | 0.93 | Buy | DCF |
| 06/06/19 | DBS Vickers | Netlink | 0.825 | 0.9 | Buy | |
| 06/12/19 | UOB Kay Hian | Netlink | 0.835 | 0.97 | Buy | |
| 06/27/19 | Kim Eng | Netlink | 0.89 | 0.94 | Buy | |
| 07/15/19 | Phillip | Netlink | 0.88 | 0.93 | Accumulate | DCF |
| 07/17/19 | Kim Eng | Netlink | 0.885 | 0.94 | Buy | |
| 08/06/19 | UOB Kay Hian | Netlink | 0.88 | 0.92 | Buy | DCF |
| 08/06/19 | Phillip | Netlink | 0.88 | 0.93 | Accumulate | DCF |
| 08/07/19 | Kim Eng | Netlink | 0.865 | 0.94 | Buy | DDM |
| 08/07/19 | DBS Vickers | Netlink | 0.865 | 0.95 | Buy | DCF |
| 10/07/19 | UOB Kay Hian | Netlink | 0.9 | 1.01 | Buy | DCF |
| 10/11/19 | Phillip | Netlink | 0.91 | 0.93 | Accumulate | |
| 10/17/19 | Kim Eng | Netlink | 0.9 | 1.03 | Buy | DDM |
| 10/18/19 | DBS Vickers | Netlink | 0.91 | 0.95 | Buy | |
| 11/04/19 | UOB Kay Hian | Netlink | 0.935 | 1.01 | Buy | DCF |
| 11/04/19 | Phillip | Netlink | 0.935 | 0.99 | Accumulate | DCF |
| 11/05/19 | OCBC | Netlink | 0.955 | 1.03 | Buy | |
| 11/05/19 | DBS Vickers | Netlink | 0.955 | 1.04 | Buy | DCF |
| 11/05/19 | Kim Eng | Netlink | 0.955 | 1.06 | Buy | |
| 01/03/20 | DBS Vickers | Netlink | 0.94 | 1.04 | Buy | DCF |
| 01/30/20 | UOB Kay Hian | Netlink | 1 | 1.05 | Buy | DCF |
| 02/10/20 | DBS Vickers | Netlink | 1.01 | 1.04 | Buy | DCF |
| 02/11/20 | UOB Kay Hian | Netlink | 1 | 1.05 | Buy | DCF |
| 02/12/20 | DBS Vickers | Netlink | 1 | 1.05 | Buy | DCF |
| 02/14/20 | Phillip | Netlink | 1.01 | 0.99 | Neutral | DCF |
Nera Telecom - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 03/04/19 | Lim & Tan | Nera Telecom | 0.285 | 0 | Buy |
Moya Asia - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/07/19 | DMG & Partners | Moya Asia | 0.06 | 0.11 | Buy | |
| 02/13/19 | DMG & Partners | Moya Asia | 0.082 | 0.11 | Buy | DCF |
| 03/05/19 | DMG & Partners | Moya Asia | 0.077 | 0.11 | Buy | DCF |
| 05/02/19 | DMG & Partners | Moya Asia | 0.081 | 0.095 | Buy | |
| 06/06/19 | DMG & Partners | Moya Asia | 0.076 | 0.1 | Buy | |
| 08/20/19 | DMG & Partners | Moya Asia | 0.068 | 0.083 | Buy | DCF |
| 10/15/19 | DMG & Partners | Moya Asia | 0.065 | 0.08 | Buy | |
| 01/09/20 | DMG & Partners | Moya Asia | 0.08 | 0.093 | Buy | DCF |
Stock calls for 28 February 2020
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 02/28/20 | DBS Vickers | AEM | 2.24 | 2.52 | Buy | PER11.2x FY20 |
| 02/28/20 | UOB Kay Hian | Capitaland | 3.64 | 3.7 | Hold | Buy @ $3.50 |
| 02/28/20 | DBS Vickers | Capitaland | 3.64 | 4.5 | Buy | RNAV (20% discount) |
| 02/28/20 | DBS Vickers | China Aviation Oil | 1.16 | 1.65 | Buy | PER10x FY20 |
| 02/28/20 | UOB Kay Hian | City Developments | 10.17 | 12.5 | Buy | |
| 02/28/20 | DMG & Partners | CSE Global | 0.545 | 0.73 | Buy | DCF |
| 02/28/20 | UOB Kay Hian | CSE Global | 0.545 | 0.72 | Buy | |
| 02/28/20 | CIMB | CSE Global | 0.545 | 0.77 | Add | PER13.5x FY21 |
| 02/28/20 | DBS Vickers | Delfi | 0.96 | 1.55 | Buy | PER23x FY20 |
| 02/28/20 | DBS Vickers | First Resources | 1.63 | 1.99 | Buy | DCF |
| 02/28/20 | Kim Eng | First Resources | 1.63 | 1.85 | Buy | PER18x FY20 |
| 02/28/20 | DBS Vickers | Frencken | 0.865 | 1.06 | Buy | PER10x FY20 |
| 02/28/20 | Amfrasers | Frencken | 0.865 | 1.01 | outperform | |
| 02/28/20 | DMG & Partners | Fu Yu | 0.25 | 0.32 | Buy | DCF |
| 02/28/20 | CIMB | HRnetGroup | 0.58 | 0.58 | Hold | |
| 02/28/20 | DBS Vickers | HRnetGroup | 0.58 | 0.63 | Hold | |
| 02/28/20 | CIMB | Propnex | 0.555 | 0.7 | Add | DCF |
| 02/28/20 | UOB Kay Hian | Propnex | 0.555 | 0.68 | Buy | |
| 02/28/20 | CIMB | Venture | 16.51 | 17.66 | Add | |
| 02/28/20 | DBS Vickers | Venture | 16.51 | 18.5 | Buy | PER13.9x FY20 |
| 02/28/20 | UOB Kay Hian | Venture | 16.51 | 19.8 | Buy | |
| 02/28/20 | Lim & Tan | Venture | 16.51 | 0 | Buy on weakness | |
| 02/28/20 | Kim Eng | Venture | 16.51 | 18.23 | Buy | PB2x FY20 |
| 02/28/20 | Morgan Stanley | Wilmar | 4.15 | 5 | Overweight | |
| 02/28/20 | Credit Sussie | Wilmar | 4.15 | 4.8 | Outperform | |
| 02/28/20 | JP Morgan | Wilmar | 4.15 | 5 | Overweight |
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