| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/03/17 | Lim & Tan | Sembcorp Industries | 2.85 | 0 | Buy | |
| 01/03/17 | UOB Kay Hian | Sembcorp Industries | 2.85 | 3.2 | Buy | |
| 01/05/17 | Deutsche | Sembcorp Industries | 2.93 | 3.45 | Buy | Sum of parts (15% discount) |
| 01/11/17 | OCBC | Sembcorp Industries | 3.06 | 3.36 | Buy | Sum of parts (5% discount) |
| 01/25/17 | Credit Suisse | Sembcorp Industries | 3.27 | 2.7 | Neutral | |
| 02/03/17 | OCBC | Sembcorp Industries | 3.18 | 3.36 | Buy | |
| 02/24/17 | CIMB | Sembcorp Industries | 3.36 | 3.51 | Hold | Sum of parts, PB0.6x CY17 |
| 02/24/17 | DMG & Partners | Sembcorp Industries | 3.36 | 4.17 | Buy | Sum of parts |
| 02/24/17 | OCBC | Sembcorp Industries | 3.36 | 3.69 | Buy | |
| 02/24/17 | UOB Kay Hian | Sembcorp Industries | 3.36 | 3.95 | Buy | Sum of parts |
| 02/27/17 | DBS Vickers | Sembcorp Industries | 3.27 | 3.8 | Buy | Sum of parts (10% discount), PB1.1x, PER17.2X FY17 |
| 02/27/17 | Lim & Tan | Sembcorp Industries | 3.27 | 0 | Buy | |
| 03/01/17 | Credit Suisse | Sembcorp Industries | 3.2 | 3.6 | Neutral | |
| 03/02/17 | UOB Kay Hian | Sembcorp Industries | 3.27 | 3.95 | Buy | |
| 03/24/17 | UOB Kay Hian | Sembcorp Industries | 3.13 | 3.78 | Buy | Sum of parts |
| 04/04/17 | UOB Kay Hian | Sembcorp Industries | 3.2 | 3.78 | Buy | PER9.8x FY18 |
| 04/07/17 | Credit Suisse | Sembcorp Industries | 3.15 | 3.6 | Neutral | |
| 04/10/17 | Lim & Tan | Sembcorp Industries | 3.15 | 0 | Buy | |
| 04/11/17 | CIMB | Sembcorp Industries | 3.14 | 3.51 | Hold | Sum of parts |
| 05/04/17 | CIMB | Sembcorp Industries | 3 | 3.51 | Add | Sum of parts |
| 05/04/17 | Credit Suisse | Sembcorp Industries | 3 | 3.6 | Neutral | |
| 05/04/17 | DBS Vickers | Sembcorp Industries | 3 | 3.8 | Buy | RNAV (10% discount), PB1x |
| 05/04/17 | DIR | Sembcorp Industries | 3 | 2.67 | Underperform | Sum of parts |
| 05/04/17 | Lim & Tan | Sembcorp Industries | 3 | 0 | Hold | |
| 05/04/17 | OCBC | Sembcorp Industries | 3 | 3.48 | Buy | |
| 05/04/17 | UOB Kay Hian | Sembcorp Industries | 3 | 3.66 | Buy | Sum of parts |
| 05/05/17 | DMG & Partners | Sembcorp Industries | 3.15 | 3.2 | Neutral | Sum of parts |
| 05/11/17 | DIR | Sembcorp Industries | 3.14 | 3.14 | Hold | |
| 05/29/17 | phillip | Sembcorp Industries | 3.15 | 3.5 | Accumulate | Sum of parts (10% discount) |
| 06/02/17 | OCBC | Sembcorp Industries | 3.19 | 3.48 | Buy | |
| 06/06/17 | Credit Suisse | Sembcorp Industries | 3.16 | 3.6 | Neutral | Sum of parts |
| 06/20/17 | UOB Kay Hian | Sembcorp Industries | 3.1 | 3.66 | Buy | |
| 07/12/17 | OCBC | Sembcorp Industries | 3.13 | 3.48 | Buy | |
| 07/13/17 | UOB Kay Hian | Sembcorp Industries | 3.09 | 3.66 | Buy | Sum of parts |
| 07/18/17 | Credit Suisse | Sembcorp Industries | 3.15 | 3.6 | Neutral | |
| 07/21/17 | DBS Vickers | Sembcorp Industries | 3.24 | 4.1 | Buy | Sum of parts, PB1.1x FY17 |
| 07/24/17 | CIMB | Sembcorp Industries | 3.29 | 3.52 | Add | Sum of parts |
| 08/01/17 | Credit Suisse | Sembcorp Industries | 3.23 | 3.6 | Neutral | PER13.9x FY17, PB0.8x |
| 08/04/17 | DIR | Sembcorp Industries | 3.22 | 3.14 | Hold | Probability weighted |
| 08/04/17 | UOB Kay Hian | Sembcorp Industries | 3.22 | 3.57 | Buy | Sum of parts |
| 08/04/17 | DMG & Partners | Sembcorp Industries | 3.22 | 3.2 | Neutral | Sum of parts |
| 08/04/17 | OCBC | Sembcorp Industries | 3.22 | 3.43 | Hold | |
| 08/04/17 | CIMB | Sembcorp Industries | 3.22 | 3.47 | Add | Sum of parts |
| 08/04/17 | DBS Vickers | Sembcorp Industries | 3.22 | 4 | Buy | RNAV (10% discount), PB1.1x |
| 08/07/17 | phillip | Sembcorp Industries | 3.18 | 3.5 | Accumulate | Sum of parts |
| 08/07/17 | Lim & Tan | Sembcorp Industries | 3.18 | 0 | Hold | |
| 08/23/17 | OCBC | Sembcorp Industries | 2.99 | 3.43 | Buy | |
| 08/25/17 | Morgan Stanley | Sembcorp Industries | 3.03 | 2.39 | Underweight | |
| 09/04/17 | CIMB | Sembcorp Industries | 2.98 | 3.47 | Add | Sum of parts |
| 09/04/17 | UOB Kay Hian | Sembcorp Industries | 2.98 | 3.59 | Buy | Sum of parts, PER10.1x FY18 |
| 09/05/17 | Lim & Tan | Sembcorp Industries | 2.93 | 0 | Buy | |
| 09/20/17 | DBS Vickers | Sembcorp Industries | 2.96 | 4 | Buy | RNAV (10% discount), PB1.1x |
| 09/27/17 | Credit Suisse | Sembcorp Industries | 2.95 | 3.6 | Neutral | |
| 10/02/17 | UOB Kay Hian | Sembcorp Industries | 2.96 | 3.57 | Buy | Sum of parts |
| 10/09/17 | DBS Vickers | Sembcorp Industries | 3.02 | 4 | Buy | |
| 10/24/17 | Credit Suisse | Sembcorp Industries | 3.24 | 3.6 | Neutral | |
| 11/03/17 | CIMB | Sembcorp Industries | 3.38 | 3.87 | Add | Sum of parts, PER8.1x FY18, PB0.59x FY17 |
| 11/03/17 | UOB Kay Hian | Sembcorp Industries | 3.38 | 3.87 | Buy | Sum of parts |
| 11/03/17 | Credit Suisse | Sembcorp Industries | 3.38 | 3.6 | Neutral | |
| 11/03/17 | OCBC | Sembcorp Industries | 3.38 | 3.59 | Hold | |
| 11/03/17 | Lim & Tan | Sembcorp Industries | 3.38 | 0 | Buy | |
| 11/06/17 | phillip | Sembcorp Industries | 3.3 | 3.7 | Accumulate | Sum of parts (10% discount) |
| 11/06/17 | DBS Vickers | Sembcorp Industries | 3.3 | 4.2 | Buy | Sum of parts, PB1.1x |
| 11/21/17 | OCBC | Sembcorp Industries | 3.05 | 3.59 | Buy | |
| 12/12/17 | UOB Kay Hian | Sembcorp Industries | 3.04 | 3.87 | Buy | Sum of parts |
| 12/20/17 | CIMB | Sembcorp Industries | 3.02 | 3.87 | Add | |
| 01/02/18 | UOB Kay Hian | Sembcorp Industries | 3.03 | 3.87 | Buy | |
| 01/23/18 | DBS Vickers | Sembcorp Industries | 3.38 | 4.5 | Buy | Sum of parts (10% discount), PB1.1x |
| 02/05/18 | OCBC | Sembcorp Industries | 3.57 | 3.95 | Buy | Sum of parts |
| 02/13/18 | DBS Vickers | Sembcorp Industries | 3.21 | 4.5 | Buy | |
| 02/19/18 | Lim & Tan | Sembcorp Industries | 3.22 | 0 | Buy | |
| 02/20/18 | UOB Kay Hian | Sembcorp Industries | 3.3 | 3.87 | Buy | |
| 02/21/18 | CIMB | Sembcorp Industries | 3.28 | 3.87 | Add | Sum of parts |
| 02/26/18 | OCBC | Sembcorp Industries | 3.24 | 3.84 | Buy | |
| 02/26/18 | phillip | Sembcorp Industries | 3.24 | 3.86 | Accumulate | Sum of parts |
| 02/26/18 | UOB Kay Hian | Sembcorp Industries | 3.24 | 3.28 | Hold | Sum of parts, Buy @ $2.90 |
| 02/26/18 | CIMB | Sembcorp Industries | 3.24 | 4.13 | Add | Sum of parts, PER8x FY18, PB0.63x FY18 |
| 02/27/18 | DBS Vickers | Sembcorp Industries | 3.2 | 4.4 | Buy | Sum of parts (10% discount), PB1.1x |
| 03/05/18 | OCBC | Sembcorp Industries | 3.12 | 3.59 | Buy | |
| 03/07/18 | DBS Vickers | Sembcorp Industries | 3.08 | 4.4 | Buy | RNAV (10% discount), PB1.1x |
| 03/26/18 | Morgan Stanley | Sembcorp Industries | 3.04 | 2.77 | Underweight | Sum of parts, Up from $2.39 |
| 04/03/18 | DBS Vickers | Sembcorp Industries | 3.11 | 4.4 | Buy | |
| 04/04/18 | UOB Kay Hian | Sembcorp Industries | 3.06 | 3.28 | Hold | Sum of parts, Buy @ $3 |
| 04/12/18 | CIMB | Sembcorp Industries | 3.11 | 4.13 | Add | Sum of parts |
| 04/23/18 | Macquarie | Sembcorp Industries | 3.24 | 3.6 | Outperform | |
| 05/04/18 | OCBC | Sembcorp Industries | 3.06 | 3.59 | Buy | |
| 05/04/18 | UOB Kay Hian | Sembcorp Industries | 3.06 | 3.6 | Hold | Sum of parts, Buy @ $2.90 |
| 05/04/18 | CIMB | Sembcorp Industries | 3.06 | 3.49 | Add | Sum of parts |
| 05/07/18 | DBS Vickers | Sembcorp Industries | 3.04 | 4.4 | Buy | Sum of parts (10% discount), PB1.1x |
| 05/09/18 | phillip | Sembcorp Industries | 3.06 | 3.83 | Buy | Sum of parts (10% discount) |
| 06/04/18 | CIMB | Sembcorp Industries | 2.93 | 3.49 | Add | |
| 06/04/18 | DBS Vickers | Sembcorp Industries | 2.93 | 4.5 | Buy | |
| 06/25/18 | UOB Kay Hian | Sembcorp Industries | 2.76 | 3.6 | Hold | PER8.5x FY19 |
| 06/25/18 | Lim & Tan | Sembcorp Industries | 2.76 | 0 | Accumulate | |
| 07/03/18 | UOB Kay Hian | Sembcorp Industries | 2.72 | 3.6 | Buy | |
| 07/11/18 | CIMB | Sembcorp Industries | 2.67 | 3.49 | Add |
Monday, July 23, 2018
Sembcorp Industries - Stock calls
SATS - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/11/17 | UOB Kay Hian | SATS | 4.94 | 4.5 | Hold | |
| 01/20/17 | DIR | SATS | 5.19 | 4.97 | Hold | |
| 02/02/17 | Credit Suisse | SATS | 5.26 | 4.9 | Neutral | |
| 02/08/17 | UOB Kay Hian | SATS | 5.15 | 4.5 | Hold | |
| 02/10/17 | CIMB | SATS | 4.98 | 5 | Hold | DCF & PER19x CY19 |
| 02/10/17 | DIR | SATS | 4.98 | 4.93 | Hold | DCF |
| 02/10/17 | Kim Eng | SATS | 4.98 | 3.76 | Sell | PER17x FY18 |
| 02/10/17 | Lim & Tan | SATS | 4.98 | 0 | Hold | |
| 02/10/17 | OCBC | SATS | 4.98 | 4.7 | Hold | Buy @ $4.40 |
| 02/10/17 | phillip | SATS | 4.98 | 4.73 | Neutral | DCF |
| 02/10/17 | UOB Kay Hian | SATS | 4.98 | 4.6 | Hold | DDM, PER23x FY18, Buy @ $4.30 |
| 03/21/17 | DIR | SATS | 4.82 | 4.93 | Hold | DCF |
| 04/03/17 | UOB Kay Hian | SATS | 4.88 | 4.6 | Hold | |
| 04/07/17 | Credit Suisse | SATS | 4.89 | 4.9 | Neutral | |
| 05/03/17 | UOB Kay Hian | SATS | 5.12 | 4.6 | Hold | |
| 05/18/17 | CIMB | SATS | 5.28 | 5.17 | Hold | DCF & PER19x |
| 05/22/17 | CIMB | SATS | 5.29 | 5.11 | Hold | DCF & PER19x |
| 05/22/17 | Credit Suisse | SATS | 5.29 | 4.65 | Underperform | |
| 05/22/17 | DIR | SATS | 5.29 | 5 | Hold | DCF |
| 05/22/17 | Kim Eng | SATS | 5.29 | 4.9 | Hold | PER17x |
| 05/22/17 | OCBC | SATS | 5.29 | 5.12 | Hold | DCF, Buy @ $4.7 or lower |
| 05/22/17 | phillip | SATS | 5.29 | 5.08 | Hold | DCF, PER23.2x FY18 |
| 05/22/17 | UOB Kay Hian | SATS | 5.29 | 5.05 | Hold | DDM |
| 06/06/17 | UOB Kay Hian | SATS | 5.22 | 5.05 | Hold | Buy @ $4.75 |
| 06/16/17 | OCBC | SATS | 5.08 | 5.12 | Hold | Buy @ $4.70 or lower |
| 07/14/17 | DIR | SATS | 4.94 | 5 | Hold | DCF |
| 07/20/17 | Credit Suisse | SATS | 5.09 | 4.65 | Underperform | |
| 07/24/17 | Kim Eng | SATS | 5.08 | 4.9 | Hold | PER |
| 07/24/17 | DIR | SATS | 5.08 | 5.05 | Hold | DCF |
| 07/24/17 | phillip | SATS | 5.08 | 5.08 | Neutral | DCF, PER23.2x FY18 |
| 07/24/17 | UOB Kay Hian | SATS | 5.08 | 5.1 | Hold | DDM |
| 07/24/17 | CIMB | SATS | 5.08 | 5.11 | Hold | DCF & PER19x |
| 07/24/17 | OCBC | SATS | 5.08 | 5.05 | Hold | DCF, Buy @ $4.7 or lower |
| 07/24/17 | Lim & Tan | SATS | 5.08 | 5.09 | Sell | Bloomberg consensus |
| 08/02/17 | DIR | SATS | 4.85 | 5.05 | Hold | |
| 08/02/17 | UOB Kay Hian | SATS | 4.85 | 5.4 | Buy | DDM, PER23.5x FY18 |
| 08/22/17 | Credit Suisse | SATS | 4.83 | 4.6 | Underperform | |
| 09/05/17 | UOB Kay Hian | SATS | 4.76 | 5.4 | Buy | DDM, PER23.5x FY18 |
| 09/18/17 | OCBC | SATS | 4.74 | 5.05 | Hold | Buy @ $4.70 or lower |
| 09/25/17 | DBS Vickers | SATS | 4.65 | 5.02 | Buy | DCF & PER21x FY18 |
| 09/25/17 | CIMB | SATS | 4.65 | 4.24 | Reduce | PER18x CY19 |
| 09/26/17 | DIR | SATS | 4.57 | 5.19 | Outperform | DCF |
| 10/02/17 | OCBC | SATS | 4.61 | 5.05 | Buy | |
| 10/04/17 | UOB Kay Hian | SATS | 4.66 | 5.4 | Buy | PER23.5x FY18 |
| 11/01/17 | DBS Vickers | SATS | 4.7 | 5.02 | Buy | |
| 11/02/17 | UOB Kay Hian | SATS | 4.75 | 5.4 | Buy | PER23.5x FY18 |
| 11/10/17 | UOB Kay Hian | SATS | 4.71 | 6 | Buy | DCF, PER24.6x FY18 |
| 11/10/17 | OCBC | SATS | 4.71 | 5.05 | Buy | |
| 11/10/17 | CIMB | SATS | 4.71 | 4.81 | Hold | PER20x CY18 |
| 11/10/17 | phillip | SATS | 4.71 | 5.24 | Accumulate | DCF, PER23.2x FY18 |
| 11/13/17 | Kim Eng | SATS | 5.01 | 5.7 | Buy | PER21x FY19/20 |
| 11/13/17 | Credit Suisse | SATS | 5.01 | 4.6 | Neutral | |
| 12/04/17 | UOB Kay Hian | SATS | 5.24 | 6 | Buy | |
| 12/20/17 | CIMB | SATS | 5.26 | 4.81 | Hold | |
| 01/16/18 | OCBC | SATS | 5.78 | 5.5 | Hold | Buy @ $5.05 or lower |
| 02/14/18 | Kim Eng | SATS | 5.25 | 6.1 | Buy | PER21x FY20 |
| 02/14/18 | UOB Kay Hian | SATS | 5.25 | 5.9 | Buy | DCF, PER25.2x FY18 |
| 02/14/18 | OCBC | SATS | 5.25 | 5.5 | Hold | Buy @ $5.05 or lower |
| 02/14/18 | CIMB | SATS | 5.25 | 5.17 | Hold | PER20x FY19 |
| 02/14/18 | phillip | SATS | 5.25 | 5.33 | Neutral | DCF, PER23.3x FY18 |
| 02/14/18 | DBS Vickers | SATS | 5.25 | 5.67 | Buy | DCF, PER22x FY19 |
| 03/09/18 | UOB Kay Hian | SATS | 5.03 | 5.9 | Buy | |
| 04/13/18 | UOB Kay Hian | SATS | 5.18 | 5.8 | Buy | PER25.3x FY19 |
| 04/19/18 | CIMB | SATS | 5.45 | 5.17 | Hold | |
| 05/30/18 | Lim & Tan | SATS | 5.35 | 0 | Hold | |
| 05/31/18 | phillip | SATS | 5.28 | 5.58 | Accumulate | DCF |
| 05/31/18 | UOB Kay Hian | SATS | 5.28 | 5.7 | Buy | DCF, PER24.3x FY19 |
| 05/31/18 | DBS Vickers | SATS | 5.28 | 5.64 | Buy | |
| 05/31/18 | OCBC | SATS | 5.28 | 5.5 | Hold | |
| 06/11/18 | UOB Kay Hian | SATS | 5.13 | 5.7 | Buy | |
| 06/14/18 | OCBC | SATS | 5.06 | 5.5 | Buy | |
| 07/03/18 | UOB Kay Hian | SATS | 4.91 | 5.7 | Buy | |
| 07/20/18 | phillip | SATS | 5.1 | 5.58 | Accumulate | DCF, PER24.7x FY19 |
| 07/20/18 | UOB Kay Hian | SATS | 5.1 | 6.1 | Buy | DCF, PER23x FY20 |
| 07/20/18 | Kim Eng | SATS | 5.1 | 5.9 | Buy | PER21x FY20 |
| 07/20/18 | CIMB | SATS | 5.1 | 5.06 | Hold | PER20x CY19 |
| 07/20/18 | DBS Vickers | SATS | 5.1 | 5.65 | Buy | DCF & PER22x FY19 |
Sasseur - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 06/07/18 | Kim Eng | Sasseur | 0.77 | 0.9 | Buy | |
| 06/20/18 | Citi Research | Sasseur | 0.76 | 0.92 | Buy |
Stock calls for 23 July 2018
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 07/23/18 | DMG & Partners | Capitaland | 3.19 | 3.95 | Buy | RNAV (20% discount) |
| 07/23/18 | Phillip | Capitamall Trust | 2.16 | 2.05 | Neutral | DDM, PB1.03x FY18 |
| 07/23/18 | DBS Vickers | Capitamall Trust | 2.16 | 2.3 | Buy | |
| 07/23/18 | UOB Kay Hian | Capitamall Trust | 2.16 | 2.02 | Hold | DDM, Buy @ $1.84 |
| 07/23/18 | Credit Suisse | Capitamall Trust | 2.16 | 2.3 | Outperform | |
| 07/23/18 | OCBC | Capitamall Trust | 2.16 | 2.1 | Hold | |
| 07/23/18 | CIMB | Capitamall Trust | 2.16 | 2.21 | Hold | DDM |
| 07/23/18 | Deutsche | Capitamall Trust | 2.16 | 2.3 | Buy | DDM & RNAV |
| 07/23/18 | DMG & Partners | City Developments | 10.06 | 10.4 | Neutral | RNAV (35% discount) |
| 07/23/18 | Kim Eng | Genting | 1.28 | 1.46 | Buy | EV/Ebitda 12x FY18 |
| 07/23/18 | CIMB | Keppel Corp | 7.09 | 8.82 | Add | Sum of parts |
| 07/23/18 | Lim & Tan | Keppel Corp | 7.09 | 0 | Hold | |
| 07/23/18 | Deutsche | Keppel Corp | 7.09 | 8.4 | Hold | RNAV (35% discount) |
| 07/23/18 | UOB Kay Hian | Sembcorp Marine | 1.96 | 1.83 | Hold | PB1.7x FY19, Buy @ $1.73 |
| 07/23/18 | Credit Suisse | Sembcorp Marine | 1.96 | 2.4 | Outperform | |
| 07/23/18 | OCBC | Sembcorp Marine | 1.96 | 2.1 | Hold | |
| 07/23/18 | phillip | Sembcorp Marine | 1.96 | 1.78 | Reduce | PB1.6x FY19 |
| 07/23/18 | UOB Kay Hian | SIA Engineering | 3.2 | 3.4 | Hold | DCF, PER21.8x FY19, Buy @ $3-3.1 |
Saturday, July 21, 2018
This is how a crab defends itself!
Friday, July 20, 2018
Trump threatens tariffs on 500b China goods.
https://www.reuters.com/article/us-usa-trade-china/trump-threatens-tariffs-on-all-500-billion-of-chinese-imports-cnbc-idUSKBN1KA18Q
This is great news because Trump will lose the election in November 2018 as China will boycott USA goods in retaliation.
This is great news because Trump will lose the election in November 2018 as China will boycott USA goods in retaliation.
Sarine - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 02/28/17 | CIMB | Sarine | 1.9 | 1.95 | Hold | |
| 05/15/17 | CIMB | Sarine | 1.915 | 1.96 | Hold | PER15.3x CY18 |
| 02/06/18 | CIMB | Sarine | 1.05 | 1.56 | Add | PER17.2x CY19 |
| 02/27/18 | CIMB | Sarine | 1.18 | 1.53 | Add | PER17.2x CY19 |
| 05/15/18 | CIMB | Sarine | 1.03 | 1.53 | Add | PER17.2x CY19 |
Sanli Env - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 11/14/17 | SAC Advisors | Sanli Env | 0.3 | 0.36 | Buy | |
| 01/11/18 | SAC Advisors | Sanli Env | 0.295 | 0.36 | Buy | PER15.9x FY18 |
| 05/25/18 | SAC Advisors | Sanli Env | 0.25 | 0.36 | Buy |
Stock calls for 20 July 2018
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 07/20/18 | CIMB | CapitaCommercial | 1.75 | 1.9 | Add | |
| 07/20/18 | UOB Kay Hian | CapitaCommercial | 1.75 | 1.99 | Buy | DDM |
| 07/20/18 | DBS Vickers | Keppel Corp | 6.96 | 8.82 | Buy | Sum of parts, PB1.3x FY18 |
| 07/20/18 | OCBC | Keppel Corp | 6.96 | 8.7 | Buy | |
| 07/20/18 | phillip | SATS | 5.1 | 5.58 | Accumulate | DCF, PER24.7x FY19 |
| 07/20/18 | UOB Kay Hian | SATS | 5.1 | 6.1 | Buy | DCF, PER23x FY20 |
| 07/20/18 | Kim Eng | SATS | 5.1 | 5.9 | Buy | PER21x FY20 |
| 07/20/18 | CIMB | SATS | 5.1 | 5.06 | Hold | PER20x CY19 |
| 07/20/18 | DBS Vickers | SATS | 5.1 | 5.65 | Buy | DCF & PER22x FY19 |
| 07/20/18 | phillip | SIA Engineering | 3.19 | 3.56 | Accumulate | DCF, PER22x FY19 |
| 07/20/18 | DBS Vickers | SIA Engineering | 3.19 | 3.92 | Buy | Sum of parts |
Malaysia has to delay the HSR project after realising it cannot wiggle itself out of the contract.
https://sg.finance.yahoo.com/news/hsr-likely-delayed-not-scrapped-031520857.html
Flip-flop again and again. Cancel or delay?
Look like Malaysia cannot wiggle itself out of the compensation clause and has no choice but to delay the HSR project.
However, Malaysia still has to pay for liquidation damage for the deferment which may be lower than the cancellation fee.
Flip-flop again and again. Cancel or delay?
Look like Malaysia cannot wiggle itself out of the compensation clause and has no choice but to delay the HSR project.
However, Malaysia still has to pay for liquidation damage for the deferment which may be lower than the cancellation fee.
Thursday, July 19, 2018
Singapore has signed the CPTPP.
https://www.channelnewsasia.com/news/business/singapore-cptpp-trade-tpp-10543674
I prefer Singapore to sign the RCEP rather the CPTPP because the RCEP is much bigger. CPTPP had a bad name because it was known to be an economic cooperation to contain China's economic growth in the past.
Furthermore, the USA is getting very protectionist and we need to promote free trade for our economic growth.
http://sg-stock.blogspot.com/2018/03/cpttp-is-nothing-compared-to-rcep.html
I prefer Singapore to sign the RCEP rather the CPTPP because the RCEP is much bigger. CPTPP had a bad name because it was known to be an economic cooperation to contain China's economic growth in the past.
Furthermore, the USA is getting very protectionist and we need to promote free trade for our economic growth.
http://sg-stock.blogspot.com/2018/03/cpttp-is-nothing-compared-to-rcep.html
Ofo bike sharing has failed in the USA.
https://www.businesstimes.com.sg/transport/china-bike-sharing-giant-ofo-to-close-most-us-operations-after-less-than-a-year-wsj
As expected, the bike sharing business has failed in the USA. Please read our previous postings on this flawed business concept.
http://sg-stock.blogspot.com/2018/06/another-bike-sharing-company-obike-has.html
http://sg-stock.blogspot.com/2018/02/chinese-bike-sharing-firm-has-gone.html
http://sg-stock.blogspot.com/2018/07/sharebikesg-shuts-down-in-singapore.html
http://sg-stock.blogspot.com/2018/06/bike-sharing-business-concept-is-not.html
As expected, the bike sharing business has failed in the USA. Please read our previous postings on this flawed business concept.
http://sg-stock.blogspot.com/2018/06/another-bike-sharing-company-obike-has.html
http://sg-stock.blogspot.com/2018/02/chinese-bike-sharing-firm-has-gone.html
http://sg-stock.blogspot.com/2018/07/sharebikesg-shuts-down-in-singapore.html
http://sg-stock.blogspot.com/2018/06/bike-sharing-business-concept-is-not.html
Tat Hong to be delisted soon!
https://www.businesstimes.com.sg/companies-markets/tat-hong-to-delist-on-friday-morning-after-successful-buyout
Delisting from SGX in 2018:
Jaya
GLP
Genting HK
Tat Hong
http://sg-stock.blogspot.com/2018/02/another-company-jaya-is-leaving-sgx.html
http://sg-stock.blogspot.com/2017/10/sigh-another-big-market-capitalisation.html
Delisting from SGX in 2018:
Jaya
GLP
Genting HK
Tat Hong
http://sg-stock.blogspot.com/2018/02/another-company-jaya-is-leaving-sgx.html
http://sg-stock.blogspot.com/2017/10/sigh-another-big-market-capitalisation.html
Samudera - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 04/26/17 | Amfrasers | Samudera | 0.189 | 0.26 | Buy | PB0.4x |
| 10/13/17 | Amfrasers | Samudera | 0.24 | 0.38 | Buy | PB0.6x FY17 |
Sabana Reit - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/23/17 | phillip | Sabana Reit | 0.375 | 0.51 | Trading Buy | PB0.9x, Ex-rights 42 for 100 @ $0.258 |
| 03/06/17 | phillip | Sabana Reit | 0.43 | 0.54 | Trading Buy | PB0.9x |
| 05/11/17 | phillip | Sabana Reit | 0.455 | 0.54 | Trading Buy | PB0.9X |
| 08/08/17 | phillip | Sabana Reit | 0.49 | 0.57 | Trading Buy | PB1x |
Roxy-Pacific - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 08/01/17 | OCBC | Roxy-Pacific | 0.525 | 0.52 | Hold | |
| 11/22/17 | OCBC | Roxy-Pacific | 0.52 | 0.52 | Hold | |
| 12/07/17 | OCBC | Roxy-Pacific | 0.54 | 0.6 | Buy | |
| 12/12/17 | DBS Vickers | Roxy-Pacific | 0.53 | 0.69 | Buy | RNAV (30% discount) |
| 02/15/18 | OCBC | Roxy-Pacific | 0.56 | 0.66 | Buy | |
| 02/19/18 | DBS Vickers | Roxy-Pacific | 0.56 | 0.69 | Buy | RNAV (30% discount) |
| 03/20/18 | DBS Vickers | Roxy-Pacific | 0.555 | 0.69 | Buy | RNAV (30% discount) |
| 04/03/18 | DBS Vickers | Roxy-Pacific | 0.55 | 0.69 | Buy | |
| 05/08/18 | DBS Vickers | Roxy-Pacific | 0.515 | 0.63 | Buy | |
| 05/15/18 | OCBC | Roxy-Pacific | 0.515 | 0.6 | Buy | |
| 06/05/18 | DBS Vickers | Roxy-Pacific | 0.505 | 0.63 | Buy | |
| 07/09/18 | DBS Vickers | Roxy-Pacific | 0.43 | 0.4 | Fully Valued | RNAV (55% discount) |
Stock calls for 19 July 2018
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 07/19/18 | DMG & Partners | Breadtalk | 1.1 | 1.04 | Neutral | Sum of parts |
| 07/19/18 | phillip | First Reit | 1.32 | 1.31 | Neutral | DDM, PB1.21x |
| 07/19/18 | OCBC | First Reit | 1.32 | 1.34 | Hold | |
| 07/19/18 | CIMB | First Reit | 1.32 | 1.41 | Hold | DDM |
| 07/19/18 | DBS Vickers | Keppel Infrastructure | 0.53 | 0.58 | Buy | DDM |
| 07/19/18 | DBS Vickers | Keppel KBS | 0.88 | 0.95 | Buy | DCF |
| 07/19/18 | Lim & Tan | MIT | 0.33 | 0.456 | Buy | |
| 07/19/18 | UOB Kay Hian | OCBC | 11.15 | 13.52 | Buy | GGM, PB1.41x FY18 |
| 07/19/18 | Credit Suisse | Venture | 16.89 | 14.5 | Underperform | PER11x |
| 07/19/18 | Lim & Tan | Wheelock Properties | 1.74 | 2.1 | Reject offer | Offer $2.1 |
| 07/19/18 | OCBC | Wheelock Properties | 1.74 | 2.34 | Reject offer | Offer $2.1 |
Wednesday, July 18, 2018
Riverstone - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/03/17 | DMG & Partners | Riverstone | 0.88 | 0.93 | Neutral | |
| 02/24/17 | CIMB | Riverstone | 0.91 | 0.91 | Hold | PER16.4x CY18 |
| 02/24/17 | Kim Eng | Riverstone | 0.91 | 0.83 | Hold | PER16x FY17 |
| 05/05/17 | Kim Eng | Riverstone | 0.885 | 1.05 | Buy | |
| 05/05/17 | Lim & Tan | Riverstone | 0.885 | 1.06 | Buy | PER16x |
| 05/08/17 | CIMB | Riverstone | 0.96 | 1.11 | Add | PER18.3x FY18 |
| 05/08/17 | DBS Vickers | Riverstone | 0.96 | 1.07 | Buy | PER16x FY18 |
| 08/04/17 | Lim & Tan | Riverstone | 1.065 | 0 | Hold | |
| 08/04/17 | DBS Vickers | Riverstone | 1.065 | 1.07 | Buy | PER16x FY18 |
| 08/07/17 | CIMB | Riverstone | 1.05 | 1.2 | Add | PER16.3x FY18 |
| 08/07/17 | Kim Eng | Riverstone | 1.05 | 1.05 | Hold | |
| 08/08/17 | DBS Vickers | Riverstone | 1.055 | 1.09 | Hold | PER16x FY18 |
| 11/09/17 | Kim Eng | Riverstone | 1.065 | 1.05 | Hold | PER16x FY18 |
| 11/09/17 | DBS Vickers | Riverstone | 1.065 | 1.09 | Hold | |
| 02/26/18 | CIMB | Riverstone | 1.04 | 1.28 | Add | PER18.6x FY19 |
| 02/26/18 | DBS Vickers | Riverstone | 1.04 | 1.27 | Buy | PER16x FY19 |
| 02/26/18 | Kim Eng | Riverstone | 1.04 | 1.22 | Buy | PER18x FY18 |
| 05/09/18 | DBS Vickers | Riverstone | 0.985 | 1.27 | Buy | |
| 05/09/18 | Lim & Tan | Riverstone | 0.985 | 0 | Hold | |
| 05/14/18 | CIMB | Riverstone | 1 | 1.28 | Add |
Religare Health Trust - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 02/07/17 | DBS Vickers | Religare Health Trust | 0.925 | 0.85 | Hold | DDM |
| 02/08/17 | CIMB | Religare Health Trust | 0.89 | 0.89 | Hold | DDM |
| 05/24/17 | DBS Vickers | Religare Health Trust | 0.92 | 0.85 | Hold | DDM, PB1x |
| 08/07/17 | CIMB | Religare Health Trust | 0.88 | 0.92 | Hold | DDM |
| 11/16/17 | DBS Vickers | Religare Health Trust | 0.895 | 0.85 | Hold | DDM, Offer $0.90 |
| 11/16/17 | CIMB | Religare Health Trust | 0.895 | 0.92 | Hold | DDM, PB1.08x |
| 02/14/18 | CIMB | Religare Health Trust | 0.83 | 0.92 | Hold | DDM |
| 03/20/18 | DBS Vickers | Religare Health Trust | 0.775 | 0.85 | Hold | |
| 06/14/18 | CIMB | Religare Health Trust | 0.765 | 0.81 | Hold | DDM |
Regal - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/18/17 | NRA | Regal | 0.145 | 0.315 | Overweight | |
| 03/20/17 | NRA | Regal | 0.149 | 0.3 | Overweight | RNAV (15% discount) |
| 06/19/17 | NRA | Regal | 0.143 | 0.3 | Overweight | |
| 12/11/17 | NRA | Regal | 0.135 | 0.3 | Overweight | |
| 04/10/18 | NRA | Regal | 0.13 | 0.3 | Overweight |
Stock calls for 18 July 2018
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 07/18/18 | CIMB | CSE Global | 0.44 | 0.5 | Add | PER13.5x CY19 |
| 07/18/18 | UOB Kay Hian | DBS | 26.01 | 28.95 | Buy | GGM, PB1.58x FY18 |
| 07/18/18 | Phillip | Keppel DC Reit | 1.35 | 1.45 | Accumulate | DDM |
| 07/18/18 | OCBC | Keppel DC Reit | 1.35 | 1.54 | Buy | |
| 07/18/18 | CIMB | Keppel DC Reit | 1.35 | 1.49 | Add | DDM |
| 07/18/18 | DBS Vickers | Keppel DC Reit | 1.35 | 1.52 | Buy | |
| 07/18/18 | Macquarie | SGX | 7.45 | 7.7 | Neutral | |
| 07/18/18 | OCBC | Soilbuild Reit | 0.65 | 0.69 | Buy | |
| 07/18/18 | DBS Vickers | Soilbuild Reit | 0.65 | 0.62 | Hold | DCF |
Another Indian rape again!
https://www.independent.co.uk/news/world/asia/india-police-arrest-18-men-repeated-rape-girl-sexual-violence-women-a8451626.html
Here we go again! This is never ending in India because of the rape culture.
Subscribe to:
Posts (Atom)
