Date | Analyst | Company | Last | Target | Call | Valuation |
01/08/16 | UOB Kay Hian | Ezion | 0.565 | 1.01 | Buy | |
01/12/16 | DBS Vickers | Ezion | 0.57 | 1 | Buy | PB0.8x FY15 |
01/13/16 | DMG & Partners | Ezion | 0.565 | 1.4 | Buy | |
01/15/16 | UOB Kay Hian | Ezion | 0.545 | 0.79 | Buy | |
01/28/16 | Amfrasers | Ezion | 0.5 | 0.11 | Sell | |
02/23/16 | Lim & Tan | Ezion | 0.52 | 0 | Trading Sell | |
02/23/16 | Nomura | Ezion | 0.52 | 1.15 | Buy | |
02/23/16 | OCBC | Ezion | 0.52 | 0.56 | Hold | PB0.4x FY16 |
03/01/16 | Lim & Tan | Ezion | 0.5 | 0 | Hold | |
03/01/16 | OCBC | Ezion | 0.5 | 0.56 | Hold | P/NTA0.45x FY16 |
03/02/16 | Amfrasers | Ezion | 0.51 | 0.11 | Sell | EV/Ebitda7x FY16 |
03/02/16 | CIMB | Ezion | 0.51 | 0.63 | Add | PB0.55x FY16 |
03/02/16 | DBS Vickers | Ezion | 0.51 | 0.85 | Buy | PB0.7x FY16 |
03/02/16 | DIR | Ezion | 0.51 | 0.5 | Hold | Sum of parts |
03/02/16 | DMG & Partners | Ezion | 0.51 | 1.06 | Buy | |
03/02/16 | Kim Eng | Ezion | 0.51 | 0.8 | Buy | GGM, PB0.7x FY16 |
03/02/16 | Nomura | Ezion | 0.51 | 1.08 | Buy | |
03/02/16 | UOB Kay Hian | Ezion | 0.51 | 0.79 | Buy | PB0.6x FY17 |
04/04/16 | UOB Kay Hian | Ezion | 0.56 | 0.75 | Buy | PB0.6x |
05/13/16 | Amfrasers | Ezion | 0.51 | 0.39 | Sell | EV/Ebitda8x FY16 |
05/13/16 | CIMB | Ezion | 0.51 | 0.63 | Add | PB0.55x |
05/13/16 | DBS Vickers | Ezion | 0.51 | 0.85 | Buy | PB0.7x FY16 |
05/13/16 | DIR | Ezion | 0.51 | 0.47 | Hold | Sum of parts, Cut from $0.49 |
05/13/16 | OCBC | Ezion | 0.51 | 0.55 | Hold | Buy @ $0.49 or lower |
05/13/16 | UOB Kay Hian | Ezion | 0.51 | 0.6 | Hold | PB0.6x FY17, Buy @ $0.48 or below |
06/03/16 | CIMB | Ezion | 0.5 | 0.63 | Add | |
06/06/16 | Kim Eng | Ezion | 0.54 | 0.72 | Buy | |
06/22/16 | OCBC | Ezion | 0.53 | 0.55 | Hold | PB0.45x |
07/01/16 | Lim & Tan | Ezion | 0.52 | 0 | Hold | |
07/01/16 | UOB Kay Hian | Ezion | 0.52 | 0.6 | Hold | |
07/04/16 | Amfrasers | Ezion | 0.475 | 0.37 | Sell | EV/Ebitda8x FY16, Ex-Rights 3 for 10 @ $0.29 |
07/04/16 | CIMB | Ezion | 0.475 | 0.53 | Add | PB0.55x CY16, Ex-Rights 3 for 10 @ $0.29 |
07/04/16 | DIR | Ezion | 0.475 | 0.47 | Hold | Sum of parts |
07/04/16 | OCBC | Ezion | 0.475 | 0.5 | Hold | PB0.4x, Ex-Rights target $0.42 |
07/04/16 | UOB Kay Hian | Ezion | 0.475 | 0.51 | Hold | Buy @ $0.45, Ex-Rights 3 for 10 @ $0.29 |
07/08/16 | DIR | Ezion | 0.45 | 0.44 | Hold | Sum of parts |
08/11/16 | Lim & Tan | Ezion | 0.29 | 0 | Reduce | |
08/12/16 | Amfrasers | Ezion | 0.29 | 0.26 | Hold | EV/Ebitda8x FY16, PB0.3x FY16 |
08/12/16 | CIMB | Ezion | 0.29 | 0.32 | Hold | PB0.3x FY16/17 |
08/12/16 | DBS Vickers | Ezion | 0.29 | 0.58 | Buy | PB0.6x FY16 |
08/12/16 | DIR | Ezion | 0.29 | 0.33 | Outperform | DCF |
08/12/16 | OCBC | Ezion | 0.29 | 0.3 | Hold | NTA0.35x, Ex-Rights 3 for 10 @ $0.29 |
08/12/16 | UOB Kay Hian | Ezion | 0.29 | 0.31 | Hold | PB0.4x FY17, Buy @ $0.25 |
08/25/16 | Kim Eng | Ezion | 0.25 | 0.45 | Buy | GGM, PB0.5x FY17 |
08/30/16 | UOB Kay Hian | Ezion | 0.24 | 0.23 | Hold | PB0.3x FY17, Buy @ $0.20 |
09/06/16 | Amfrasers | Ezion | 0.25 | 0.2 | Hold | |
09/15/16 | OCBC | Ezion | 0.275 | 0.3 | Hold | PB0.35x |
09/29/16 | DBS Vickers | Ezion | 0.275 | 0.58 | Buy | PB0.6x FY16 |
09/30/16 | CIMB | Ezion | 0.285 | 0.32 | Hold | |
09/30/16 | UOB Kay Hian | Ezion | 0.285 | 0.3 | Hold | |
10/03/16 | UOB Kay Hian | Ezion | 0.275 | 0.23 | Hold | PB0.3x FY17, Buy @ $0.20 |
10/11/16 | OCBC | Ezion | 0.37 | 0.35 | Hold | PB0.4x |
10/13/16 | UOB Kay Hian | Ezion | 0.345 | 0.3 | Hold | PB0.4x FY17, Buy @ $0.27 |
10/14/16 | DIR | Ezion | 0.33 | 0.29 | Underperform | Sum of parts |
11/11/16 | Amfrasers | Ezion | 0.33 | 0.2 | Sell | EV/Ebitda8x FY16, PB0.3x FY16 |
11/11/16 | CIMB | Ezion | 0.33 | 0.33 | Hold | PB0.3x FY17 |
11/11/16 | DIR | Ezion | 0.33 | 0.29 | Underperform | Sum of parts |
11/11/16 | Kim Eng | Ezion | 0.33 | 0.42 | Buy | GGM, PB0.5x FY17 |
11/11/16 | OCBC | Ezion | 0.33 | 0.35 | Hold | |
11/21/16 | phillip | Ezion | 0.305 | 0.48 | Buy | DCF |
11/25/16 | DBS Vickers | Ezion | 0.33 | 0.56 | Buy | PB0.6x FY16 |
12/02/16 | UOB Kay Hian | Ezion | 0.36 | 0.39 | Hold | |
12/05/16 | CIMB | Ezion | 0.365 | 0.45 | Add | PB0.5x FY17 |
12/13/16 | Kim Eng | Ezion | 0.405 | 0.42 | Buy | GGM, PB0.5x FY17 |
12/15/16 | DBS Vickers | Ezion | 0.4 | 0.56 | Buy | PB0.6x FY16 |
01/13/17 | DBS Vickers | Ezion | 0.415 | 0.56 | Buy | |
01/13/17 | OCBC | Ezion | 0.415 | 0.54 | Buy | PB0.55x |
02/20/17 | CIMB | Ezion | 0.38 | 0.44 | Add | PB0.45x FY17 |
02/20/17 | Lim & Tan | Ezion | 0.38 | 0 | Reduce | |
02/20/17 | OCBC | Ezion | 0.38 | 0.54 | Buy | PB0.55x FY17 |
02/20/17 | UOB Kay Hian | Ezion | 0.38 | 0.39 | Hold | |
02/24/17 | CIMB | Ezion | 0.395 | 0.45 | Add | PB0.5x FY17 |
02/24/17 | DBS Vickers | Ezion | 0.395 | 0.62 | Buy | PB0.7x FY17 |
02/24/17 | UOB Kay Hian | Ezion | 0.395 | 0.45 | Buy | PB0.65x FY17 |
02/27/17 | phillip | Ezion | 0.395 | 0.45 | Accumulate | DCF |
03/08/17 | Lim & Tan | Ezion | 0.37 | 0 | Hold | |
03/17/17 | CIMB | Ezion | 0.35 | 0.45 | Add | PB0.5x FY17 |
03/17/17 | DIR | Ezion | 0.35 | 0.31 | Underperform | Sum of parts |
04/10/17 | DBS Vickers | Ezion | 0.365 | 0.62 | Buy | |
05/12/17 | OCBC | Ezion | 0.31 | 0.54 | Buy | |
05/15/17 | Amfrasers | Ezion | 0.31 | 0.25 | Sell | PB0.3x FY17 |
05/15/17 | CIMB | Ezion | 0.31 | 0.26 | Reduce | PB0.3x FY17 |
05/15/17 | DIR | Ezion | 0.31 | 0.29 | Underperform | Sum of parts |
05/15/17 | phillip | Ezion | 0.31 | 0.4 | Buy | DCF |
05/15/17 | UOB Kay Hian | Ezion | 0.31 | 0.33 | Hold | PB0.5x FY17, Buy @ $0.28 |
05/16/17 | DBS Vickers | Ezion | 0.295 | 0.62 | Buy | PB0.7x FY17 |
05/23/17 | OCBC | Ezion | 0.295 | 0.32 | Hold | |
06/14/17 | UOB Kay Hian | Ezion | 0.25 | 0.33 | Hold | |
08/15/17 | CIMB | Ezion | 0.2 | 0.13 | Reduce | PB0.15x |
08/15/17 | DBS Vickers | Ezion | 0.2 | 0.13 | Fully Valued | PB0.15x |
08/16/17 | phillip | Ezion | 0.197 | 0 | Suspended | |
11/10/17 | DBS Vickers | Ezion | 0.197 | 0.13 | Fully Valued | PB0.15x FY17 |
Tuesday, December 19, 2017
Ezion - Stock calls
Stock calls for 19 December 2017
Date | Analyst | Company | Last | Target | Call | Valuation |
12/19/17 | DMG & Partners | A-Reit | 2.69 | 2.9 | Buy | |
12/19/17 | DMG & Partners | Cache Logistics | 0.84 | 0.84 | Neutral | |
12/19/17 | DMG & Partners | Dairy Farm | 7.94 | 9.53 | Buy | |
12/19/17 | DBS Vickers | Delfi | 1.43 | 1.8 | Buy | PER26x FY18/19 |
12/19/17 | DMG & Partners | Food Empire | 0.655 | 1 | Buy | |
12/19/17 | DMG & Partners | Frasers Centrepoint Trust | 2.2 | 2.24 | Neutral | |
12/19/17 | DMG & Partners | Manulife US Reit | 0.93 | 0.98 | Buy | |
12/19/17 | DMG & Partners | OUE Hospitality | 0.835 | 0.88 | Buy | |
12/19/17 | DBS Vickers | Thai Beverage | 0.97 | 1.07 | Buy |
The USA is trying to portray China as a devil but USA is the bigger demon in disguise.
https://sg.finance.yahoo.com/news/china-trying-influence-other-countries-002300442.html
When the USA wants to criticize another country, it has to look at itself first.
Let's look at the USA "Admirable" historical records. We don't intend to list all the USA's historical records but we believe the following will be sufficient to prove our points.
http://sg-stock.blogspot.sg/2017/09/usa-is-trying-to-topple-venezuela.html
The USA tried to topple Venezuela. (What do we call this?)
The USA was behind Ukraine's coup. (What do we call this?)
http://sg-stock.blogspot.sg/2017/09/hot-news-usa-and-taiwan-are-in-cahoots.html
The USA tried to topple Cambodia. (What do we call this?)
The USA was behind Rowanda's genocide. (What do we call this?)
http://sg-stock.blogspot.sg/2016/07/chilcot-report-revealed-truth-about.html
The USA created false intelligence that Iraq possessed WMDs and invaded Iraq. (What do we call this?)
http://sg-stock.blogspot.sg/2017/04/wikileaks-revealed-sinister-usas-plan.html
The USA has this culture of framing others for its own political interest. (What do we call this?)
Who is the bigger badass? The USA of course!
If I have to choose between a devil and a demon, I will choose to stand with the lesser evil, China!
When the USA wants to criticize another country, it has to look at itself first.
Let's look at the USA "Admirable" historical records. We don't intend to list all the USA's historical records but we believe the following will be sufficient to prove our points.
http://sg-stock.blogspot.sg/2017/09/usa-is-trying-to-topple-venezuela.html
The USA tried to topple Venezuela. (What do we call this?)
The USA was behind Ukraine's coup. (What do we call this?)
http://sg-stock.blogspot.sg/2017/09/hot-news-usa-and-taiwan-are-in-cahoots.html
The USA tried to topple Cambodia. (What do we call this?)
The USA was behind Rowanda's genocide. (What do we call this?)
http://sg-stock.blogspot.sg/2016/07/chilcot-report-revealed-truth-about.html
The USA created false intelligence that Iraq possessed WMDs and invaded Iraq. (What do we call this?)
http://sg-stock.blogspot.sg/2017/04/wikileaks-revealed-sinister-usas-plan.html
The USA has this culture of framing others for its own political interest. (What do we call this?)
Who is the bigger badass? The USA of course!
If I have to choose between a devil and a demon, I will choose to stand with the lesser evil, China!
Mobile phone can increase the risk of brain cancer!
https://sg.news.yahoo.com/cancer-risk-may-increased-sleeping-next-head-060310642.html
Please try to keep your mobile phone away from your body and head as much as possible. Many people like to keep mobile phones nearby and this is a bad habit because it will kill you slowly.
Radio frequency radiation can cause cell mutations and that's how cancer will develop in your body.
Be safe & stay healthy!
Please try to keep your mobile phone away from your body and head as much as possible. Many people like to keep mobile phones nearby and this is a bad habit because it will kill you slowly.
Radio frequency radiation can cause cell mutations and that's how cancer will develop in your body.
Be safe & stay healthy!
The UN is held hostage by the USA!
https://www.theguardian.com/world/2017/dec/18/us-outnumbered-14-to-1-as-it-vetoes-un-vote-on-status-of-jerusalem
The UN vote on Jerusalem status is held hostage by the USA.
The USA has incurred the wrath of the world and shamelessly condemned other UN members too. The USA has planted this time bomb in the Middle East and there won't be peace in the Middle East anymore. Jerusalem status is still uncertain at the moment and the USA has no right to move its embassy to Jerusalem because the true governing body has to grant the approval. This unilateral move by the USA admits and accepts that Jerusalem belongs to Israel since Israel has given the approval for the move. However, the UN doesn't recognize that Jerusalem belongs to Israel per se.
The UN vote on Jerusalem status is held hostage by the USA.
The USA has incurred the wrath of the world and shamelessly condemned other UN members too. The USA has planted this time bomb in the Middle East and there won't be peace in the Middle East anymore. Jerusalem status is still uncertain at the moment and the USA has no right to move its embassy to Jerusalem because the true governing body has to grant the approval. This unilateral move by the USA admits and accepts that Jerusalem belongs to Israel since Israel has given the approval for the move. However, the UN doesn't recognize that Jerusalem belongs to Israel per se.
Monday, December 18, 2017
Coal demand will be subdued in the next 5 years.
https://sg.finance.yahoo.com/news/growth-global-coal-demand-subdued-over-next-five-084027941--finance.html
This stagnancy in coal growth will impact commodity traders, dry bulk shippers and coal producers.
Watch out for those coal-related stocks like Noble, Pan Ocean, Abterra, etc. We cannot list out all the related stocks and investors have to take cognizant of the poor performance in the commodity industry.
This stagnancy in coal growth will impact commodity traders, dry bulk shippers and coal producers.
Watch out for those coal-related stocks like Noble, Pan Ocean, Abterra, etc. We cannot list out all the related stocks and investors have to take cognizant of the poor performance in the commodity industry.
Singapore non-oil domestic exports (NODX) - Part 8
https://www.businessbreakingnews.net/2017/12/singapore-non-oil-exports-in-nov-eases-from-octs-stellar-growth/
Year on year changes:
Year on year changes:
November 2017: 9.1%
October 2017: 20.9%
September 2017: -1.1%
August 2017: 16.7%
July 2017: 8.5%
June 2017: 8.2%
May 2017: -1.2%
Apr 2017: -0.7%
Mar 2017: 16.5%
Feb 2017: 21.1%
Jan 2017: 8.6%
Dec 2016: 9.1%
Nov 2016: 15.6%
May 2017: -1.2%
Apr 2017: -0.7%
Mar 2017: 16.5%
Feb 2017: 21.1%
Jan 2017: 8.6%
Dec 2016: 9.1%
Nov 2016: 15.6%
ESR-Reit - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/08/16 | DBS Vickers | ESR-Reit | 0.56 | 0.61 | Hold | DCF |
01/15/16 | CIMB | ESR-Reit | 0.53 | 0.57 | Hold | DDM |
01/15/16 | DIR | ESR-Reit | 0.53 | 0.59 | Outperform | DDM |
04/12/16 | Lim & Tan | ESR-Reit | 0.55 | 0 | Hold | |
04/13/16 | Kim Eng | ESR-Reit | 0.545 | 0.57 | Not Rated | |
04/29/16 | CIMB | ESR-Reit | 0.545 | 0.57 | Hold | DDM |
04/29/16 | DBS Vickers | ESR-Reit | 0.545 | 0.56 | Hold | |
04/29/16 | DIR | ESR-Reit | 0.545 | 0.59 | Outperform | DDM |
05/03/16 | DMG & Partners | ESR-Reit | 0.545 | 0.64 | Buy | DDM |
07/04/16 | DMG & Partners | ESR-Reit | 0.55 | 0.64 | Buy | |
07/25/16 | CIMB | ESR-Reit | 0.565 | 0.59 | Hold | DDM |
07/25/16 | DIR | ESR-Reit | 0.565 | 0.58 | Hold | DDM |
07/26/16 | DBS Vickers | ESR-Reit | 0.56 | 0.6 | Hold | |
08/16/16 | DBS Vickers | ESR-Reit | 0.54 | 0.6 | Hold | |
09/19/16 | Lim & Tan | ESR-Reit | 0.525 | 0 | Hold | |
09/21/16 | DIR | ESR-Reit | 0.525 | 0.58 | Outperform | DDM |
10/14/16 | DIR | ESR-Reit | 0.555 | 0.58 | Outperform | DDM |
10/27/16 | CIMB | ESR-Reit | 0.55 | 0.59 | Hold | DDM |
10/27/16 | DBS Vickers | ESR-Reit | 0.55 | 0.54 | Hold | DCF |
12/05/16 | DMG & Partners | ESR-Reit | 0.535 | 0.64 | Buy | |
01/09/17 | DBS Vickers | ESR-Reit | 0.55 | 0.54 | Hold | DCF |
01/09/17 | CIMB | ESR-Reit | 0.55 | 0.55 | Hold | |
01/26/17 | DBS Vickers | ESR-Reit | 0.565 | 0.6 | Buy | |
01/26/17 | DIR | ESR-Reit | 0.565 | 0.59 | Outperform | DDM |
01/26/17 | DMG & Partners | ESR-Reit | 0.565 | 0.64 | Buy | DDM |
04/18/17 | DIR | ESR-Reit | 0.585 | 0.59 | Outperform | |
04/27/17 | DBS Vickers | ESR-Reit | 0.58 | 0.6 | Buy | |
05/24/17 | DIR | ESR-Reit | 0.57 | 0.57 | Hold | DDM |
07/06/17 | DIR | ESR-Reit | 0.605 | 0.57 | Hold | DDM |
07/14/17 | CIMB | ESR-Reit | 0.6 | 0.56 | Hold | DDM |
07/18/17 | DBS Vickers | ESR-Reit | 0.595 | 0.6 | Hold | |
10/19/17 | DIR | ESR-Reit | 0.58 | 0.57 | Hold | DDM |
10/19/17 | CIMB | ESR-Reit | 0.58 | 0.57 | Hold | DDM |
10/19/17 | DBS Vickers | ESR-Reit | 0.58 | 0.6 | Hold | |
12/11/17 | DBS Vickers | ESR-Reit | 0.565 | 0.62 | Buy | |
12/15/17 | CIMB | ESR-Reit | 0.56 | 0.63 | Add | DDM |
Ellipsiz - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
07/08/16 | Lim & Tan | Ellipsiz | 0.37 | 0 | Do Not Accept Offer | Offer price $0.38 is too low at PB0.52x |
08/22/17 | Lim & Tan | Ellipsiz | 0.665 | 0 | Buy |
Stock calls for 18 December 2017
Date | Analyst | Company | Last | Target | Call | Valuation |
12/18/17 | DBS Vickers | A-Reit | 2.68 | 2.85 | Buy | |
12/18/17 | Kim Eng | CapitaCommercial | 1.87 | 1.8 | Hold | Target yield 5% |
12/18/17 | Kim Eng | Capitaland | 3.5 | 3.75 | Hold | |
12/18/17 | DBS Vickers | CDL Hospitality | 1.66 | 1.95 | Buy | |
12/18/17 | DBS Vickers | City Developments | 12.15 | 14.03 | Buy | |
12/18/17 | Kim Eng | City Developments | 12.15 | 13.8 | Buy | |
12/18/17 | DBS Vickers | Frasers Centrepoint Ltd | 2.12 | 2.35 | Buy | |
12/18/17 | DBS Vickers | Frasers Centrepoint Trust | 2.2 | 2.37 | Buy | |
12/18/17 | OCBC | Frasers Commercial Trust | 1.42 | 1.51 | Buy | DDM |
12/18/17 | DBS Vickers | Frasers Hospitality Trust | 0.785 | 0.89 | Buy | |
12/18/17 | Kim Eng | Ho Bee | 2.41 | 3 | Buy | |
12/18/17 | Amfrasers | Keppel Corp | 7.53 | 8.67 | Buy | Sum of parts |
12/18/17 | DBS Vickers | Keppel Reit | 1.25 | 1.39 | Buy | |
12/18/17 | Kim Eng | Keppel Reit | 1.25 | 1.19 | Hold | Target yield 5.25%, Up from $1.16 |
12/18/17 | DBS Vickers | Mapletree Greater China | 1.19 | 1.3 | Buy | |
12/18/17 | DBS Vickers | Mapletree Logistics | 1.32 | 1.38 | Buy | |
12/18/17 | DIR | SIA Engineering | 3.11 | 3.56 | Outperform | |
12/18/17 | Kim Eng | Suntec Reit | 2.12 | 1.89 | Hold | Target yield 5.25%, Up from $1.84 |
12/18/17 | Amfrasers | Uni-Asia | 1.23 | 1.85 | Buy | Sum of parts, PB0.5x FY17, PER8.2x FY17 |
12/18/17 | Kim Eng | UOL | 8.54 | 9.85 | Buy |
Jalan Sri Pelangi petrol station murder!
Singaporeans, please be vigilant when you pump petrol in JB.
Yeah! The VEP is postponed!
https://sg.news.yahoo.com/implementation-vehicle-entry-permit-postponed-104030077.html
This is definitely a short-term good news for Singaporeans because our car prices are going to go up due to the new emission requirement, zero vehicle growth policy and impending higher GST.
Let's enjoy it while it still lasts!
This is definitely a short-term good news for Singaporeans because our car prices are going to go up due to the new emission requirement, zero vehicle growth policy and impending higher GST.
Let's enjoy it while it still lasts!
Sunday, December 17, 2017
South Korea President Moon went back empty-handed from China's visit.
http://www.atimes.com/article/president-moons-china-state-visit-spirals-pr-disaster/
Many unpleasant things happened during SK President Moon's China visit and these were tell-tale signs that the China-SK relationship was still rocky.
Furthermore, there was no joint communique after the closure which meant that the relationship didn't turn better at all and no agreement was reached between China & SK.
China had shown to SK that the THAAD system installation was a major concern to China and that nothing would turn better with the existence of THAAD.
Many unpleasant things happened during SK President Moon's China visit and these were tell-tale signs that the China-SK relationship was still rocky.
Furthermore, there was no joint communique after the closure which meant that the relationship didn't turn better at all and no agreement was reached between China & SK.
China had shown to SK that the THAAD system installation was a major concern to China and that nothing would turn better with the existence of THAAD.
Saturday, December 16, 2017
China is forging closer relationships with 6 ASEAN countries.
http://news.xinhuanet.com/english/2017-12/16/c_136829391.htm
ASEAN has 10 countries but China is only forging closer relationships with 6 ASEAN countries leaving out Malaysia, Indonesia, Singapore & Philippines.
However, Philippines has managed to foster a strategic relationship with China by becoming the facilitator between China & ASEAN. Therefore, Philippines and China will have a closer working relationship since Philippines has become the mouthpiece for China. Malaysia has also managed to build a port alliance with China with the Melaka Gateway development.
http://sg-stock.blogspot.sg/2017/11/china-has-replaced-singapore-with.html
Thus, only Singapore and Indonesia are left out of the ASEAN equation.
We need to monitor the ASEAN situation closely or we'll be ostracized.
ASEAN has 10 countries but China is only forging closer relationships with 6 ASEAN countries leaving out Malaysia, Indonesia, Singapore & Philippines.
However, Philippines has managed to foster a strategic relationship with China by becoming the facilitator between China & ASEAN. Therefore, Philippines and China will have a closer working relationship since Philippines has become the mouthpiece for China. Malaysia has also managed to build a port alliance with China with the Melaka Gateway development.
http://sg-stock.blogspot.sg/2017/11/china-has-replaced-singapore-with.html
Thus, only Singapore and Indonesia are left out of the ASEAN equation.
We need to monitor the ASEAN situation closely or we'll be ostracized.
Baltic dry index - 1619
Today, Friday, December 15 2017, the Baltic Dry Index decreased by 49 points, reaching 1619 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 - 930
HOUSTON (AP) - The number of rigs exploring for oil and natural gas in the U.S. slipped by one this week to 930.
That's well above the 637 rigs that were active this time a year ago.
According to Houston oilfield services company Baker Hughes, 747 rigs were drilling for oil and 183 for natural gas this week. Baker Hughes released its tabulation Friday.
Among major oil- and gas-producing states, Pennsylvania gained three rigs and North Dakota and Wyoming each added one.
New Mexico and Texas each lost two rigs while Louisiana declined by one.
Alaska, Arkansas, California, Colorado, Kansas, Ohio, Oklahoma, Utah and West Virginia were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May of 2016 at 404.
===================================================
Related stocks: Keppel Corp, Sembcorp Marine & Cosco
Australia-China political skirmish
https://www.theguardian.com/world/2017/dec/14/china-summons-australias-ambassador-in-growing-political-meddling-row
Australia is embarking on a smearing campaign against China again.
Australia relies heavily on China for its economic development because it exports about AUD$93b of goods & services to China which constitutes about 28% of its trades.
https://www.austrade.gov.au/news/economic-analysis/australias-export-performance-in-2016
However, instead of being grateful to China, it wants to help the USA to contain China.
Australia tried to mislead the world about the India-China border dispute.
http://sg-stock.blogspot.sg/2017/07/australian-foreign-minister-showed-her.html
Australia wanted China to adhere to the PCA ruling but declined to obey the PCA ruling against itself.
http://sg-stock.blogspot.sg/2016/09/australia-declares-that-pca-has-no.html
Australia is embarking on a smearing campaign against China again.
Australia relies heavily on China for its economic development because it exports about AUD$93b of goods & services to China which constitutes about 28% of its trades.
https://www.austrade.gov.au/news/economic-analysis/australias-export-performance-in-2016
However, instead of being grateful to China, it wants to help the USA to contain China.
Australia tried to mislead the world about the India-China border dispute.
http://sg-stock.blogspot.sg/2017/07/australian-foreign-minister-showed-her.html
Australia wanted China to adhere to the PCA ruling but declined to obey the PCA ruling against itself.
http://sg-stock.blogspot.sg/2016/09/australia-declares-that-pca-has-no.html
Friday, December 15, 2017
EC World Reit - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
07/19/16 | Religare | EC World Reit | 0.81 | 0 | Avoid | IPO |
03/02/17 | Religare | EC World Reit | 0.74 | 0.92 | Buy | |
05/16/17 | Religare | EC World Reit | 0.765 | 0.92 | Buy |
Duty Free - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
09/26/16 | DBS Vickers | Duty Free | 0.42 | 0.52 | Not Rated | PER20x FY18 |
09/26/16 | UOB Kay Hian | Duty Free | 0.42 | 0.56 | Buy | DCF |
10/03/16 | UOB Kay Hian | Duty Free | 0.44 | 0.56 | Buy | |
10/13/16 | CIMB | Duty Free | 0.45 | 0.61 | Add | DCF |
10/13/16 | UOB Kay Hian | Duty Free | 0.45 | 0.57 | Buy | DCF |
10/17/16 | Kenanga | Duty Free | 0.445 | 0.57 | Buy | Consensus target |
11/21/16 | UOB Kay Hian | Duty Free | 0.395 | 0.57 | Buy | |
12/05/16 | UOB Kay Hian | Duty Free | 0.38 | 0.57 | Buy | DCF |
01/03/17 | UOB Kay Hian | Duty Free | 0.37 | 0.57 | Buy | |
01/13/17 | UOB Kay Hian | Duty Free | 0.39 | 0.55 | Buy | DCF |
01/16/17 | CIMB | Duty Free | 0.39 | 0.55 | Add | DCF |
04/28/17 | CIMB | Duty Free | 0.415 | 0.57 | Add | DCF |
04/28/17 | UOB Kay Hian | Duty Free | 0.415 | 0.49 | Buy | DCF |
07/14/17 | UOB Kay Hian | Duty Free | 0.315 | 0.37 | Hold | DCF, Buy @ $0.3 |
07/14/17 | CIMB | Duty Free | 0.315 | 0.33 | Hold | DCF, PER18x CY18 |
10/13/17 | UOB Kay Hian | Duty Free | 0.28 | 0.33 | Hold | DCF, Buy @ $0.26 |
Stock calls for 15 December 2017
Date | Analyst | Company | Last | Target | Call | Valuation |
12/15/17 | CIMB | ESR-Reit | 0.56 | 0.63 | Add | DDM |
12/15/17 | Lim & Tan | Frasers Centrepoint Ltd | 2.08 | 0 | Buy | |
12/15/17 | OCBC | Frasers Commercial Trust | 1.44 | 1.42 | Hold | |
12/15/17 | UOB Kay Hian | Genting Hong Kong | 0.23 | 0.24 | Hold | Sum of parts, Buy @ $0.22 |
12/15/17 | DBS Vickers | Suntec Reit | 2.07 | 2.3 | Buy | DCF |
12/15/17 | DBS Vickers | Yoma | 0.54 | 0.75 | Buy |
Bitcoin trading analysis - Part 2
https://www.cnbc.com/2017/12/14/behind-bitcoins-wild-surge-japanese-men.html
We posted about the Japanese trying to push bitcoin prices higher so that they could dump the bitcoins in our previous post below.
http://sg-stock.blogspot.sg/2017/10/bitcoin-trading-analysis.html
It seems that the Japanese investors are successful in pushing up the prices. Therefore, they're looking for the next idiot to buy from them now.
We posted about the Japanese trying to push bitcoin prices higher so that they could dump the bitcoins in our previous post below.
http://sg-stock.blogspot.sg/2017/10/bitcoin-trading-analysis.html
It seems that the Japanese investors are successful in pushing up the prices. Therefore, they're looking for the next idiot to buy from them now.
The Kurds are living in the land of verisimilitude.
https://sg.news.yahoo.com/tatters-syria-kurds-fear-us-abandon-them-130702531.html
The USA will definitely abandon the Syrian Kurds and the Kurds should wake up from the fantasy by looking at the Iraqi Kurds' outcome. The Syrian Kurds shouldn't harbour any glimmer of hope in the USA because the USA has a really bad historical record. History will repeat itself when you don't take history seriously.
https://sg-stock.blogspot.sg/2017/10/usa-has-forsaken-turds.html
The USA will definitely abandon the Syrian Kurds and the Kurds should wake up from the fantasy by looking at the Iraqi Kurds' outcome. The Syrian Kurds shouldn't harbour any glimmer of hope in the USA because the USA has a really bad historical record. History will repeat itself when you don't take history seriously.
https://sg-stock.blogspot.sg/2017/10/usa-has-forsaken-turds.html
Thursday, December 14, 2017
Dutech - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
06/06/16 | CIMB | Dutech | 0.395 | 0.61 | Add | |
08/15/16 | CIMB | Dutech | 0.455 | 0.61 | Add | DCF CY16 |
10/05/16 | CIMB | Dutech | 0.47 | 0.61 | Add | DCF CY16 |
11/16/16 | CIMB | Dutech | 0.48 | 0.65 | Add | DCF CY17 |
12/06/16 | CIMB | Dutech | 0.46 | 0.65 | Add | DCF |
03/03/17 | CIMB | Dutech | 0.475 | 0.55 | Hold | DCF |
05/12/17 | CIMB | Dutech | 0.495 | 0.53 | Hold | DCF CY17 |
Delfi - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/08/16 | OCBC | Delfi | 2.06 | 1.97 | Sell | |
02/23/16 | CIMB | Delfi | 2.39 | 1.77 | Reduce | PER25x CY17 |
02/24/16 | DBS Vickers | Delfi | 2.46 | 2.21 | Hold | |
02/24/16 | DMG & Partners | Delfi | 2.46 | 2 | Sell | DCF, PER47x FY16 |
02/24/16 | OCBC | Delfi | 2.46 | 1.92 | Sell | PER30x FY16 |
03/21/16 | OCBC | Delfi | 2.8 | 1.92 | Sell | |
05/13/16 | CIMB | Delfi | 2.5 | 2.69 | Hold | |
05/13/16 | DBS Vickers | Delfi | 2.5 | 2.56 | Hold | |
05/13/16 | OCBC | Delfi | 2.5 | 2.15 | Sell | PER30x FY16 |
06/09/16 | OCBC | Delfi | 2.48 | 2.15 | Sell | PER30x FY16 |
08/11/16 | CIMB | Delfi | 2.5 | 2.69 | Hold | PER25x CY17 |
08/12/16 | DBS Vickers | Delfi | 2.61 | 2.42 | Hold | |
09/22/16 | OCBC | Delfi | 2.15 | 2.34 | Hold | |
11/11/16 | CIMB | Delfi | 2.2 | 2.31 | Hold | PER25x CY18 |
11/11/16 | OCBC | Delfi | 2.2 | 2.39 | Hold | |
12/09/16 | DBS Vickers | Delfi | 2.25 | 2.16 | Hold | |
01/03/17 | DMG & Partners | Delfi | 2.22 | 2.55 | Buy | |
01/16/17 | OCBC | Delfi | 2.25 | 2.39 | Hold | |
02/23/17 | CIMB | Delfi | 2.32 | 2.3 | Hold | PER25x CY18 |
02/23/17 | OCBC | Delfi | 2.32 | 2.39 | Hold | PER30x FY17 |
02/24/17 | DMG & Partners | Delfi | 2.35 | 2.55 | Neutral | DCF |
02/24/17 | OCBC | Delfi | 2.35 | 2.37 | Hold | PER30x FY17 |
02/27/17 | DBS Vickers | Delfi | 2.33 | 2.26 | Hold | PER26x FY17/18 |
03/17/17 | OCBC | Delfi | 2.24 | 2.37 | Hold | |
05/09/17 | OCBC | Delfi | 2.2 | 2.37 | Hold | |
05/11/17 | CIMB | Delfi | 2.2 | 2.3 | Hold | PER25x CY18 |
05/11/17 | OCBC | Delfi | 2.2 | 2.21 | Hold | PER30x FY17/18 |
06/16/17 | OCBC | Delfi | 2.05 | 2.21 | Hold | |
08/10/17 | OCBC | Delfi | 2.12 | 2.08 | Hold | PER30x FY18 |
08/10/17 | DMG & Partners | Delfi | 2.12 | 2 | Neutral | DCF |
10/02/17 | DMG & Partners | Delfi | 1.515 | 1.86 | Buy | DCF |
11/15/17 | DMG & Partners | Delfi | 1.45 | 1.65 | Buy | DCF |
Stock calls for 14 December 2017
Date | Analyst | Company | Last | Target | Call | Valuation |
12/14/17 | Kim Eng | Bukit Sembawang | 5.93 | 8.25 | Buy | RNAV (20% discount) |
12/14/17 | CIMB | Capitaland | 3.51 | 4.25 | Add | RNAV (20% discount) |
12/14/17 | OCBC | Capitaland | 3.51 | 4.13 | Buy | |
12/14/17 | OCBC | City Developments | 12.65 | 13.5 | Buy | |
12/14/17 | CIMB | Far East Hospitality | 0.71 | 0.69 | Hold | DDM |
12/14/17 | CIMB | Frasers Centrepoint Trust | 2.21 | 2.38 | Add | DDM |
12/14/17 | OCBC | Frasers Centrepoint Trust | 2.21 | 2.4 | Buy | |
12/14/17 | CIMB | Frasers Logistics | 1.12 | 1.2 | Add | DDM |
12/14/17 | OCBC | Frasers Logistics | 1.12 | 1.25 | Buy | |
12/14/17 | Kim Eng | Genting | 1.34 | 1.42 | Buy | |
12/14/17 | OCBC | Mapletree Greater China | 1.19 | 1.28 | Buy | |
12/14/17 | CIMB | UOL | 8.72 | 9.62 | Add | RNAV (20% discount) |
12/14/17 | OCBC | UOL | 8.72 | 9.7 | Buy | |
12/14/17 | OCBC | Wheelock Properties | 1.89 | 2.27 | Buy | |
12/14/17 | OCBC | Wing Tai | 2.3 | 2.77 | Buy |
Look at how Canadian parliament endorses Nanjing Massacre Memorial Day.
However, our PM Lee asked Japan not to apologize anymore for WW2 atrocities even when Japan tried to whitewash its atrocities.
http://sg-stock.blogspot.sg/2017/12/canada-to-proclaim-13-december-as.html
How practical and useful is bitcoin?
Bitcoin is not a practical and useful payment mode because it is expensive and slow to process transactions compared to what it proclaims to be.
It costs about US$19 to process a transaction in 10 minutes because the blockchain frequency is set at 10 minutes. The best blockchain network system can only process 3.3 transactions per second whilst VISA can process 3,674 transactions per second.
https://www.wired.com/story/bitcoin-is-soaring-heres-why-its-not-ready-for-the-big-time/
Some merchants are starting to dump Bitcoin payment mode because of its processing fee and speed.
http://www.bbc.com/news/technology-42264622
Therefore, there won't be a widespread adoption of Bitcoin payment mode in the world because of its limitations. The current bitcoin prices have factored in the expectation of worldwide adoption which is not happening.
It costs about US$19 to process a transaction in 10 minutes because the blockchain frequency is set at 10 minutes. The best blockchain network system can only process 3.3 transactions per second whilst VISA can process 3,674 transactions per second.
https://www.wired.com/story/bitcoin-is-soaring-heres-why-its-not-ready-for-the-big-time/
Some merchants are starting to dump Bitcoin payment mode because of its processing fee and speed.
http://www.bbc.com/news/technology-42264622
Therefore, there won't be a widespread adoption of Bitcoin payment mode in the world because of its limitations. The current bitcoin prices have factored in the expectation of worldwide adoption which is not happening.
KGI Fraser is officially wrong in its US interest rate movement.
https://finance.yahoo.com/news/federal-reserve-december-2017-fomc-decision-143436424.html
The FED has raised its interest rate in December!
KGI Fraser has been proven wrong and its arguments for the no rate hike are totally invalid because it does not take into other factors in its analysis.
https://sg-stock.blogspot.sg/2017/09/kgi-fraser-is-dead-wrong-about-fed.html
We projected a December rate hike in our previous post and we got it.
The FED has raised its interest rate in December!
KGI Fraser has been proven wrong and its arguments for the no rate hike are totally invalid because it does not take into other factors in its analysis.
https://sg-stock.blogspot.sg/2017/09/kgi-fraser-is-dead-wrong-about-fed.html
We projected a December rate hike in our previous post and we got it.
HSR poll result
Look like KL-SG HSR will become a white elephant as it is simply too expensive to operate. Driving into Malaysia is still cheaper albeit time-consuming. Our viewers have indicated that the time saved is not worth the money spent.
Wednesday, December 13, 2017
US softens its stance against North Korea after China and Russia conduct joint anti-missile exercises.
https://sg.news.yahoo.com/tillerson-softens-us-stance-possible-talks-nkorea-222702752.html
http://www.chinaeconomicreview.com/china-russia-conduct-joint-anti-missile-exercises
China and Russia have sent a strong message to the USA not to act unilaterally through the joint anti-missile exercises which can also be used to shoot down fighter planes flying in NK's sky.
The USA knows that it cannot defeat China & Russia in the Peninsular war. Therefore, the USA softens its stance and is willing to resolve the issue through diplomatic talk now.
http://www.chinaeconomicreview.com/china-russia-conduct-joint-anti-missile-exercises
China and Russia have sent a strong message to the USA not to act unilaterally through the joint anti-missile exercises which can also be used to shoot down fighter planes flying in NK's sky.
The USA knows that it cannot defeat China & Russia in the Peninsular war. Therefore, the USA softens its stance and is willing to resolve the issue through diplomatic talk now.
Del Monte - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
03/14/16 | DBS Vickers | Del Monte | 0.395 | 0.39 | Hold | |
03/15/16 | UOB Kay Hian | Del Monte | 0.325 | 0.46 | Buy | PER12x FY17 |
03/18/16 | CIMB | Del Monte | 0.32 | 0.4 | Add | PER11.3x FY17 |
05/18/16 | CIMB | Del Monte | 0.305 | 0.4 | Add | |
06/30/16 | DBS Vickers | Del Monte | 0.355 | 0.37 | Hold | |
06/30/16 | Lim & Tan | Del Monte | 0.355 | 0 | Hold | |
06/30/16 | UOB Kay Hian | Del Monte | 0.355 | 0.47 | Buy | PER11.6x FY18 |
07/04/16 | CIMB | Del Monte | 0.34 | 0.38 | Add | PER11.3x CY17 |
09/13/16 | CIMB | Del Monte | 0.355 | 0.38 | Hold | |
09/13/16 | DBS Vickers | Del Monte | 0.355 | 0.37 | Hold | |
09/14/16 | UOB Kay Hian | Del Monte | 0.345 | 0.41 | Buy | PER11.5x |
12/07/16 | DBS Vickers | Del Monte | 0.355 | 0.37 | Hold | PER12x FY17/18 |
12/07/16 | UOB Kay Hian | Del Monte | 0.355 | 0.4 | Hold | PER11.3x FY17, Buy @ $0.34 |
12/09/16 | CIMB | Del Monte | 0.335 | 0.36 | Hold | PER11.3x |
03/13/17 | DBS Vickers | Del Monte | 0.345 | 0.36 | Hold | PER12x FY18 |
03/14/17 | Lim & Tan | Del Monte | 0.345 | 0 | Neutral | |
03/15/17 | CIMB | Del Monte | 0.345 | 0.35 | Hold | PER11.3x FY17 |
06/29/17 | DBS Vickers | Del Monte | 0.34 | 0.36 | Hold | PER12x |
07/04/17 | DBS Vickers | Del Monte | 0.325 | 0.32 | Hold | PER15x FY18/19 |
09/08/17 | Lim & Tan | Del Monte | 0.31 | 0 | Hold |
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