Keppel Corp - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/04/19	OCBC	Keppel Corp	5.81	7.25	Buy	Sum of parts
01/10/19	DIR	Keppel Corp	6.18	7.15	Buy	Cut from $7.86, Sum of parts
01/23/19	CIMB	Keppel Corp	6.17	8.28	Add
01/25/19	OCBC	Keppel Corp	6.13	7.55	Buy
01/25/19	CIMB	Keppel Corp	6.13	8.41	Add	Sum of parts
01/28/19	Lim & Tan	Keppel Corp	6.2	0	Hold
01/29/19	Amfrasers	Keppel Corp	6.14	7.5	Hold
01/29/19	Macquarie	Keppel Corp	6.14	8.2	Outperform	Sum of parts
02/21/19	CIMB	Keppel Corp	6.32	8.41	Add	Sum of parts
03/12/19	Lim & Tan	Keppel Corp	6.1	0	Hold
03/26/19	CIMB	Keppel Corp	6.17	8.41	Add
04/15/19	CIMB	Keppel Corp	6.62	8.41	Add	Sum of parts
04/22/19	OCBC	Keppel Corp	6.74	7.83	Buy
04/22/19	Lim & Tan	Keppel Corp	6.74	0	Hold
05/08/19	CIMB	Keppel Corp	6.72	8.41	Add	Sum of parts
06/10/19	DMG & Partners	Keppel Corp	6.05	7.33	Buy	Sum of parts, Cut from $7.92
06/21/19	DBS Vickers	Keppel Corp	6.57	9	Buy
06/28/19	CIMB	Keppel Corp	6.67	8.41	Add	Sum of parts
07/03/19	DBS Vickers	Keppel Corp	6.77	9.2	Buy
07/03/19	OCBC	Keppel Corp	6.77	7.83	Buy
07/19/19	DMG & Partners	Keppel Corp	6.59	7.3	Buy	Sum of parts
07/19/19	CIMB	Keppel Corp	6.59	8.41	Add	Sum of parts
07/19/19	UOB Kay Hian	Keppel Corp	6.59	7.61	Buy	Sum of parts
07/19/19	Lim & Tan	Keppel Corp	6.59	0	Hold
07/22/19	Amfrasers	Keppel Corp	6.57	7.43	Neutral	Sum of parts
07/22/19	DBS Vickers	Keppel Corp	6.57	8.5	Buy	Sum of parts
08/22/19	Lim & Tan	Keppel Corp	5.9	0	Buy
08/26/19	UOB Kay Hian	Keppel Corp	5.88	7.61	Buy	Sum of parts
09/24/19	Lim & Tan	Keppel Corp	6.04	0	Buy
09/30/19	CIMB	Keppel Corp	5.98	8.41	Add	Sum of parts
10/01/19	UOB Kay Hian	Keppel Corp	5.93	7.61	Buy	Sum of parts
10/08/19	CIMB	Keppel Corp	5.91	8.41	Add
10/08/19	DMG & Partners	Keppel Corp	5.91	7.3	Buy
10/09/19	OCBC	Keppel Corp	5.93	7.58	Buy
10/09/19	DBS Vickers	Keppel Corp	5.93	8.5	Buy
10/17/19	Macquarie	Keppel Corp	5.98	7.5	Outperform	Sum of parts
10/18/19	CIMB	Keppel Corp	5.96	8.36	Add	Sum of parts
10/18/19	DMG & Partners	Keppel Corp	5.96	7.18	Buy	Sum of parts (20% disc)
10/18/19	Lim & Tan	Keppel Corp	5.96	0	Hold
10/18/19	DBS Vickers	Keppel Corp	5.96	7.5	Buy	Sum of parts, PB1.2x FY19
10/21/19	Amfrasers	Keppel Corp	5.84	7.44	Overweight	Sum of parts
10/21/19	OCBC	Keppel Corp	5.84	7.58	Buy
10/22/19	DMG & Partners	Keppel Corp	5.84	7.8	Buy	Sum of parts (13% disc)
11/12/19	UOB Kay Hian	Keppel Corp	6.86	7.61	Buy

Jumbo - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/15/19	DBS Vickers	Jumbo	0.415	0.44	Hold	PER23x FY19
02/15/19	CIMB	Jumbo	0.415	0.52	Add	PER21x FY20
02/18/19	UOB Kay Hian	Jumbo	0.415	0.41	Hold	Buy @ $0.37
03/14/19	UOB Kay Hian	Jumbo	0.405	0.41	Hold	PER20x FY19, Buy @ $0.37
03/29/19	DBS Vickers	Jumbo	0.395	0.5	Buy	PER23x FY19/20
05/16/19	DBS Vickers	Jumbo	0.405	0.51	Buy	PER23x FY19
05/16/19	UOB Kay Hian	Jumbo	0.405	0.41	Hold	PER20x FY19, Buy @ $0.32
05/16/19	CIMB	Jumbo	0.405	0.52	Add	PER21x FY20
06/21/19	DMG & Partners	Jumbo	0.38	0.47	Buy	DCF, PER23x FY19
08/07/19	DBS Vickers	Jumbo	0.38	0.47	Buy	PER23x FY20
08/08/19	DMG & Partners	Jumbo	0.375	0.47	Buy	DCF
08/08/19	UOB Kay Hian	Jumbo	0.375	0.37	Hold
08/27/19	CIMB	Jumbo	0.37	0.47	Add
09/26/19	UOB Kay Hian	Jumbo	0.38	0.37	Hold	Buy @ $0.33
10/01/19	DBS Vickers	Jumbo	0.375	0.47	Buy

JEP - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
10/21/19	Phillip	JEP	0.162	0.2	Buy	PER10x FY19

Stock calls for 18 November 2019

Date	Analyst	Company	Last	Target	Call	Valuation
11/18/19	Phillip	APAC Realty	0.5	0.55	Accumulate	DCF
11/18/19	CIMB	BRC Asia	1.47	1.9	Add
11/18/19	Lim & Tan	BRC Asia	1.47	1.8	Buy	DCF
11/18/19	Amfrasers	Eagle Hospitality Trust	0.535	0.61	Buy	DDM
11/18/19	Citibank	Frasers Centrepoint Trust	2.72	3	Buy
11/18/19	DBS Vickers	Frasers Property	1.82	2.05	Buy
11/18/19	Amfrasers	Frencken	0.92	0.93	Neutral	PER10x FY20
11/18/19	DMG & Partners	ISOTeam	0.24	0.31	Buy	DCF
11/18/19	UOB Kay Hian	ISOTeam	0.24	0.34	Buy
11/18/19	phillip	Propnex	0.515	0.59	Buy	DCF
11/18/19	Kim Eng	Sasseur	0.845	1	Buy	DDM
11/18/19	UOB Kay Hian	Sasseur	0.845	0.97	Buy
11/18/19	DBS Vickers	Sasseur	0.845	0.97	Buy
11/18/19	UOB Kay Hian	Sembcorp Industries	2.26	2.19	Hold	Buy @ $2
11/18/19	DBS Vickers	Sembcorp Industries	2.26	2.9	Buy	RNAV (10% discount), PB0.7x
11/18/19	DMG & Partners	Silverlake	0.43	0.46	Neutral	DCF
11/18/19	Phillip	Singtel	3.18	3.31	Accumulate	Sum of parts
11/18/19	DMG & Partners	Singtel	3.18	3.5	Neutral	Sum of parts
11/18/19	CIMB	Singtel	3.18	3.6	Add	Sum of parts
11/18/19	DBS Vickers	Singtel	3.18	3.12	Hold
11/18/19	OCBC	Singtel	3.18	3.53	Buy
11/18/19	DBS Vickers	Yangzijiang	1	1.68	Buy	Sum of parts

Singapore Nodx fell 12.3% in October.

https://sg.finance.yahoo.com/news/singapore-exports-shrink-eighth-month-023305843.html

Singapore has 9 negative growth months insofar in 2019.

Year on year changes (YOY):

October 2019 - 12.3%

September 2019: -8.1%

August 2019: - 8.9%

July 2019: -11.2%

June 2019: -17.3%

May 2019: -15.9%

April 2019: -10%

March 2019: -11.7%

February 2019: 4.9%

January 2019: -10.1%

December 2018: -8.5%

November 2018: -2.6%

October 2018: 8.3%

September 2018: 8.3%

August 2018: 5%

July 2018: 11.8% (Corrected)

June 2018: 1.1%

May 2018: 15.5%

April 2018: 11.8%

March 2018: -2.7%

February 2018: -5.9%

January 2018: 13%

December 2017: 3.1%

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%

http://sg-stock.blogspot.com/2019/10/singapores-september-nodx-fell-81-year.html

China cut repo rate after its MLF's cut.

https://sg.finance.yahoo.com/news/china-cuts-key-liquidity-rate-035639279.html

China has cut its repo rate after the MLF's cut.

China is more willing to ease its rates and embark on fiscal stimulus policy after implementing its new property measure and getting a recent benign property growth.

http://sg-stock.blogspot.com/2019/11/china-has-cut-its-loan-rate-finally.html

France is using police brutality on its yellow vest protestors.

Let me relate how hypocritical France is.

France used excessive forces on Catalan protestors and yellow vest protestors while telling China to communicate with HK protestors to resolve the issues during Macron's visit.

France, why are you not communicating with Catalan protestors and yellow vest protestors.  Instead, you chose to use excessive police forces on them while they're just doing some peaceful protests.

http://sg-stock.blogspot.com/2019/11/the-french-police-beat-up-catalan.html

Fight for democracy! Stand with yellow vest!

Ordinary HK citizens are fighting back. Get out, black tees!

As I've said before, when the government and police are weak, the rioters and protestors will rule the streets.

The black tees alleged the HK government of police brutality.  If there was indeed police brutality, the black tees would not be able to rule the streets.  If there was indeed police brutality, ordinary HK citizens would not need to fight off the black tees on their own because the police could deter the black tees.

The ordinary HK citizens have had enough of the black tees terrorizing them and are fighting back by clearing the streets.  When more and more ordinary HK citizens are fighting back and protecting their own communities, the black tees will have no place to run and hide.  This is why the black tees are retreating into campuses and turning the campuses into their forts.  This development usually becomes the last battleground.

How is that so?

When you don't have a fort, it is difficult to crumble you.  When you have a fort, this makes it very easy to decimate you.

Baltic dry index - 1357

Today, Friday, November 15 2019, the Baltic Dry Index decreased by 7 points, reaching 1357 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.

US rig count - 806

Related stock: Keppel Corp, Sembcorp Marine & Cosco.

How the HK rioters terrorize ordinary citizens on the street! - Part 2

HK citizens are living in fear everyday now.  Fearful of the black tees!

Going out on HK streets means getting bashed up and burnt if unlucky.

How the HK rioters terrorize ordinary citizens on the street!

When ordinary people and shop owners saw the HK rioters approaching, they quickly rushed into the shops and pulled down the shutters.  I can see that these ordinary citizens are being terrified and terrorized by the HK rioters.  Furthermore, these HK rioters also stole their goods.

How the 70-year old HK man was killed by HK rioters!

The old man was just filming and he was killed by the HK rioters who threw bricks at him.

Jardine C&C - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/04/19	DBS Vickers	Jardine C&C	35.28	43.1	Buy
05/02/19	DBS Vickers	Jardine C&C	35.52	39.1	Buy	Sum of parts (16% discount)

Japfa - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/29/19	CIMB	Japfa	0.82	0.9	Add	Sum of parts
01/30/19	Kim Eng	Japfa	0.81	0.99	Buy
03/01/19	CIMB	Japfa	0.765	0.9	Add	Sum of parts
03/05/19	UOB Kay Hian	Japfa	0.705	0.98	Buy	Sum of parts, PER10.7x FY19
03/05/19	DBS Vickers	Japfa	0.705	0.8	Buy	Sum of parts (15% discount), PER11.4x FY19
03/14/19	CIMB	Japfa	0.715	0.63	Reduce	Sum of parts
03/21/19	Kim Eng	Japfa	0.65	1.05	Buy	Sum of parts
04/02/19	Kim Eng	Japfa	0.665	1.05	Buy
05/03/19	UOB Kay Hian	Japfa	0.605	0.73	Buy	Sum of parts
05/03/19	DBS Vickers	Japfa	0.605	0.61	Hold	Sum of parts (10% discount), PER14x FY19
05/27/19	Kim Eng	Japfa	0.575	0.93	Buy	Sum of parts
07/31/19	UOB Kay Hian	Japfa	0.515	0.48	Hold	Sum of parts, Buy @ $0.42
08/01/19	Kim Eng	Japfa	0.51	0.73	Buy	Sum of parts
08/05/19	DBS Vickers	Japfa	0.5	0.53	Hold	Sum of parts (10% discount), PER12.5x FY19
09/13/19	Kim Eng	Japfa	0.485	0.73	Buy	Sum of parts
11/01/19	UOB Kay Hian	Japfa	0.49	0.5	Hold	Sum of parts, Buy @ $0.44
11/01/19	DBS Vickers	Japfa	0.49	0.53	Hold
11/01/19	CIMB	Japfa	0.49	0.56	Add

Japan Foods - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/12/19	Amfrasers	Japan Foods	0.415	0.57	Hold	DCF
03/08/19	DMG & Partners	Japan Foods	0.43	0.45	Neutral
04/05/19	DMG & Partners	Japan Foods	0.435	0.45	Neutral
05/22/19	Amfrasers	Japan Foods	0.44	0.55	Neutral	DCF
05/23/19	DMG & Partners	Japan Foods	0.44	0.4	Hold
06/06/19	DMG & Partners	Japan Foods	0.43	0.4	Neutral
08/22/19	DMG & Partners	Japan Foods	0.435	0.4	Neutral	Sum of parts
11/08/19	DMG & Partners	Japan Foods	0.435	0.4	Neutral	Sum of parts
11/11/19	Amfrasers	Japan Foods	0.425	0.46	Neutral

Stock calls for 15 November 2019

Date	Analyst	Company	Last	Target	Call	Valuation
11/15/19	Amfrasers	Accordia Golf Trust	0.61	0.67	Outperform
11/15/19	OCBC	Golden Agri	0.245	0.26	Hold
11/15/19	DBS Vickers	MM2 Asia	0.285	0.3	Hold	Sum of parts, PER12.8x FY20
11/15/19	DBS Vickers	OUE Commercial	0.54	0.6	Buy	DCF
11/15/19	UOB Kay Hian	Propnex	0.525	0.62	Buy
11/15/19	OCBC	Sembcorp Industries	2.29	2.51	Hold	Sum of parts
11/15/19	DMG & Partners	Sembcorp Industries	2.29	2.68	Buy	Sum of parts (20% discount), PER10x FY20
11/15/19	Macquarie	Sembcorp Marine	1.28	1.4	Neutral	DCF
11/15/19	DBS Vickers	Sembcorp Marine	1.28	1.4	Hold	PB1.3x FY20
11/15/19	DBS Vickers	Silverlake	0.44	0.57	Buy	PER21x FY20
11/15/19	Lim & Tan	Singtel	3.3	0	Hold
11/15/19	DMG & Partners	Talkmed	0.505	0.62	Buy	DCF
11/15/19	DBS Vickers	Yoma	0.375	0.5	Buy	RNAV (45% discount)

HK rioters can kill ordinary citizen but police cannot kill any rioter.

https://www.channelnewsasia.com/news/asia/hong-kong-protests-elderly-man-injured-by-brick-dies-12095948

The HK rioters are insane now.  They're attacking ordinary residents to the extent that they're not afraid to kill anybody.

The aftermath of Mapletree NAC's mall in HK.

Please take a look at the extensive damage of Mapletree NAC's mall.

Is this a protest for democracy or destruction?

How did UK deal with riots in HK in 1967?

https://en.wikipedia.org/wiki/Hong_Kong_1967_leftist_riots

The current HK riot is not the first in HK history.  There was a leftist riot in HK in 1967 under the UK ruling.

In 1967, HK had about 3m population and 51 people were killed and close to 5,000 people were arrested.

In 2019, HK has about 7.5m population.  If the HK police were not restrained under China ruling, more people would have to die and more would be arrested.  If HK was still under the UK ruling, at least 100 people would die and 10,000 people would be arrested.

Therefore, Hongkongers should be thankful that they're under China's ruling now.

The HK riots rationalize the Tiananmen incident.

The violent riots and protests in HK have changed the mindsets of Chinese in China.  What the Chinese had seen in HK recently had reinforced their belief that the communist party had done the right thing for the Tiananmen incident because they would suffer hardships and couldn't walk safely on the street if there was no violent crackdown by the communist party.

When the government and police are weak, the rioters and protestors will rule the streets and ordinary citizens cannot live a peaceful and orderly life.  The ordinary citizens have lost their freedom to go out for fear of being beaten up and burnt, and they cannot go to work to support their livelihoods.

The tourism industry is severely disrupted and affected by such violent acts.

https://www3.nhk.or.jp/nhkworld/en/news/20191112_06/

Once again, I would like to urge Singaporeans to be very careful in HK because we're being specifically targeted.

Singaporeans, please be very careful in HK!

https://sg.news.yahoo.com/dbs-branch-in-hong-kong-vandalised-with-vulgar-messages-directed-at-pm-lee-pap-091705028.html

HK DBS was targeted and PM Lee and PAP were named as the cause.

Singaporeans have to be extremely careful in HK since we'll be specifically targeted because of PM Lee and PAP.

Jadason - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/02/19	CIMB	Jadason	0.02	0.066	Add
05/13/19	CIMB	Jadason	0.038	0.059	Add	PB1x CY19

ISOTeam - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/18/19	DMG & Partners	ISOTeam	0.22	0.23	Neutral	DCF
05/15/19	DMG & Partners	ISOTeam	0.22	0.29	Buy	DCF
06/06/19	DMG & Partners	ISOTeam	0.23	0.29	Buy
07/11/19	UOB Kay Hian	ISOTeam	0.245	0.3	Buy	PER12.4x FY20
07/25/19	DMG & Partners	ISOTeam	0.245	0.31	Buy	DCF
07/25/19	UOB Kay Hian	ISOTeam	0.245	0.34	Buy	PER12.4x FY20
08/29/19	UOB Kay Hian	ISOTeam	0.23	0.34	Buy
08/29/19	DMG & Partners	ISOTeam	0.23	0.31	Buy	DCF
09/23/19	UOB Kay Hian	ISOTeam	0.225	0.34	Buy
09/25/19	DMG & Partners	ISOTeam	0.235	0.31	Buy	DCF
10/15/19	DMG & Partners	ISOTeam	0.225	0.31	Buy

ISDN - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/23/19	CIMB	ISDN	0.215	0.32	Add	PER10x CY20
07/01/19	CIMB	ISDN	0.235	0.32	Add
08/19/19	CIMB	ISDN	0.192	0.27	Add

Stock calls for 14 November 2019

Date	Analyst	Company	Last	Target	Call	Valuation
11/14/19	CIMB	APAC Realty	0.515	0.66	Add	DCF
11/14/19	DMG & Partners	APAC Realty	0.515	0.6	Buy	DCF
11/14/19	DBS Vickers	APAC Realty	0.515	0.46	Hold	PER12x FY20
11/14/19	DMG & Partners	Centurion	0.42	0.43	Neutral	DCF
11/14/19	DBS Vickers	Centurion	0.42	0.52	Buy	DCF
11/14/19	DMG & Partners	City Developments	10.47	10.5	Neutral	RNAV (40% discount)
11/14/19	Kim Eng	Comfortdelgro	2.38	2.7	Buy	DCF
11/14/19	DMG & Partners	Comfortdelgro	2.38	2.38	Neutral	DCF
11/14/19	UOB Kay Hian	Comfortdelgro	2.38	2.27	Hold	Buy @ $2
11/14/19	DBS Vickers	Comfortdelgro	2.38	2.48	Hold	Sum of parts, PER17.8x FY20
11/14/19	CIMB	Comfortdelgro	2.38	2.28	Hold	DCF
11/14/19	DBS Vickers	Delfi	0.96	1.51	Buy	PER23.1x FY20
11/14/19	DMG & Partners	Fu Yu	0.225	0.24	Buy	DCF
11/14/19	Lim & Tan	Fu Yu	0.225	0	Buy
11/14/19	DMG & Partners	Golden Agri	0.265	0.25	Neutral	Sum of parts
11/14/19	Amfrasers	IFS Capital	0.225	0.3	Outperform	PB0.6x FY20
11/14/19	DMG & Partners	Oxley	0.345	0.43	Buy	RNAV (45% discount)
11/14/19	DBS Vickers	SATS	4.99	5.06	Hold	DCF & PER22x FY21
11/14/19	DMG & Partners	Sembcorp Marine	1.29	1.6	Buy	PB1.47x FY20
11/14/19	UOB Kay Hian	Sembcorp Marine	1.29	1.17	Sell
11/14/19	CIMB	Sembcorp Marine	1.29	1.26	Hold	PB1.2x CY21
11/14/19	DMG & Partners	Valuetronics	0.725	0.81	Buy	DCF
11/14/19	Kim Eng	Valuetronics	0.725	0.98	Buy	PB2x FY20
11/14/19	UOB Kay Hian	Valuetronics	0.725	0.91	Buy	PER12x
11/14/19	DBS Vickers	Wilmar	3.96	4.35	Buy	Sum of parts, PER16.3x FY20

Mapletree NAC trust's mall was wrecked by rioters in HK.

https://sg.news.yahoo.com/hong-kong-protesters-trash-mapletree-mall-christmas-tree-051541117.html

Mapletree has to renovate this mall but the rioters will come back to wreck it again.

This renovation decision is a difficult one because the rioters will come back again.  Big headache!

Interra Resources - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
10/10/19	SAC Advisors	Interra Resources	0.026	0.089	Buy	EV/IP reserves 6.4x

Innotek - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/14/19	Lim & Tan	Innotek	0.5	0	Buy on weakness

Indofood Agri - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/01/19	DBS Vickers	Indofood Agri	0.2	0.19	Hold	DCF
04/12/19	DBS Vickers	Indofood Agri	0.28	0.19	Accept offer	offer price $0.28
05/02/19	DBS Vickers	Indofood Agri	0.28	0.19	Accept offer	offer price $0.28
07/16/19	DBS Vickers	Indofood Agri	0.325	0.33	Hold
08/05/19	DBS Vickers	Indofood Agri	0.32	0.29	Hold	DCF

Stock calls for 13 November 2019

Date	Analyst	Company	Last	Target	Call	Valuation
11/13/19	DBS Vickers	Bumitama	0.62	0.72	Buy	DCF
11/13/19	Kim Eng	Bumitama	0.62	0.8	Buy
11/13/19	UOB Kay Hian	City Developments	10.67	12	Buy
11/13/19	DMG & Partners	Delfi	0.955	1.68	Buy	DCF
11/13/19	Kim Eng	First Resources	1.78	1.86	Hold	PER18x FY20
11/13/19	UOB Kay Hian	First Resources	1.78	1.85	Buy
11/13/19	DBS Vickers	First Resources	1.78	1.95	Buy	DCF
11/13/19	UOB Kay Hian	SATS	5.09	5.3	Buy
11/13/19	OCBC	Sembcorp Marine	1.34	1.24	Sell
11/13/19	DMG & Partners	Singapore Medical	0.325	0.36	Neutral	DCF
11/13/19	DBS Vickers	UMS	0.81	1	Buy	PER13x FY20
11/13/19	OCBC	UOL	7.91	9.25	Buy
11/13/19	Lim & Tan	UOL	7.91	0	Buy on weakness
11/13/19	DMG & Partners	Wilmar	3.85	4.75	Buy	Sum of parts