Related stock: Keppe corp, Sembcorp Marine & Cosco.
Saturday, December 26, 2020
China will surpass the US GDP in 2028 and exceed the combined GDP of the US & Japan by 2035. - Part 2
https://www.asiaone.com/money/china-leapfrog-us-worlds-biggest-economy-2028-think-tank
CEBR has just released its economic assessment after JCER.
Both non-profit entities stated that China would overtake the US in 2028.
http://sg-stock.blogspot.com/2020/12/china-will-surpass-us-gdp-in-2028-and.html
Friday, December 25, 2020
Malaysia has given SG a "great" Christmas gift by terminating the SG-KL HSR.
Malaysia has terminated SG-KL HSR by paying a discounted penalty of RM$300m. It was supposed to be RM$500m penalty as stated in the termination clause.
http://sg-stock.blogspot.com/2018/06/the-kl-sg-hsr-is-terminated-officially.html
Either SG is incompetent to collect the RM$500m penalty or Malaysia is too brilliant to get a discount from SG. In other words, SG has given RM$200m to Malaysia as a Christmas gift.
China Everbright - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 05/29/20 | DBS Vickers | China Everbright | 0.199 | 0.49 | Buy | PER7x |
| 08/14/20 | DBS Vickers | China Everbright | 0.235 | 0.33 | Buy |
China Aviation Oil - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/21/20 | DMG & Partners | China Aviation Oil | 1.28 | 1.55 | Buy | |
| 02/27/20 | CIMB | China Aviation Oil | 1.16 | 1.25 | Hold | PER8.5x FY21 |
| 02/28/20 | DBS Vickers | China Aviation Oil | 1.16 | 1.65 | Buy | PER10x FY20 |
| 03/12/20 | DMG & Partners | China Aviation Oil | 0.965 | 1.3 | Buy | Sum of parts |
| 04/22/20 | DMG & Partners | China Aviation Oil | 1.02 | 1.3 | Buy | Sum of parts |
| 04/23/20 | DMG & Partners | China Aviation Oil | 1.02 | 1.25 | Buy | Sum of parts, PB0.9x |
| 05/12/20 | DMG & Partners | China Aviation Oil | 1.02 | 1.25 | Buy | Sum of parts, PER2.6x FY21 (ex-cash) |
| 06/12/20 | DMG & Partners | China Aviation Oil | 1.14 | 1.25 | Buy | PB0.9x, PER3.5x FY21 (ex-cash) |
| 07/06/20 | DMG & Partners | China Aviation Oil | 1.02 | 1.25 | Buy | Sum of parts |
| 08/13/20 | DMG & Partners | China Aviation Oil | 0.93 | 0.95 | Neutral | Sum of parts |
| 08/25/20 | DBS Vickers | China Aviation Oil | 0.865 | 1.2 | Buy | PER11x FY20/21 |
| 09/07/20 | DBS Vickers | China Aviation Oil | 0.94 | 1.2 | Buy | |
| 09/30/20 | DMG & Partners | China Aviation Oil | 0.895 | 1.05 | Buy | |
| 10/13/20 | DBS Vickers | China Aviation Oil | 1 | 1.2 | Buy | |
| 10/14/20 | DMG & Partners | China Aviation Oil | 1 | 1.15 | Buy | |
| 11/03/20 | DBS Vickers | China Aviation Oil | 0.92 | 1.2 | Buy | |
| 12/02/20 | DMG & Partners | China Aviation Oil | 1.08 | 1.25 | Buy |
Centurion - Stock calls
| Date | Analyst | Company | Last | Target | Call | Valuation |
| 01/08/20 | CIMB | Centurion | 0.44 | 0.61 | Add | DCF |
| 03/02/20 | DMG & Partners | Centurion | 0.445 | 0.49 | Neutral | DCF |
| 03/02/20 | DBS Vickers | Centurion | 0.445 | 0.53 | Buy | DCF |
| 03/18/20 | CIMB | Centurion | 0.39 | 0.58 | Add | DCF |
| 03/30/20 | DBS Vickers | Centurion | 0.395 | 0.41 | Hold | DCF |
| 04/13/20 | CIMB | Centurion | 0.385 | 0.58 | Add | |
| 04/22/20 | DBS Vickers | Centurion | 0.38 | 0.41 | Hold | DCF |
| 04/29/20 | DMG & Partners | Centurion | 0.385 | 0.41 | Neutral | DCF |
| 05/18/20 | DBS Vickers | Centurion | 0.375 | 0.42 | Hold | DCF |
| 08/13/20 | DBS Vickers | Centurion | 0.355 | 0.39 | Hold | DCF |
| 08/20/20 | CIMB | Centurion | 0.37 | 0.4 | Add | |
| 09/03/20 | CIMB | Centurion | 0.35 | 0.4 | Add | DCF |
| 10/19/20 | UOB Kay Hian | Centurion | 0.34 | 0.44 | Buy | DCF |
Wednesday, December 23, 2020
Tuesday, December 22, 2020
Monday, December 21, 2020
Saturday, December 19, 2020
China will surpass the US GDP in 2028 and exceed the combined GDP of the US & Japan by 2035.
Friday, December 18, 2020
Thursday, December 17, 2020
Singapore's Nodx declined 4.9% in November 2020.
Year on year changes (YOY):
November 2020: -4.9%
October 2020: -3.1%
September 2020: 5.9%
August 2020: 7.7%
July 2020: 6%
June 2020: 16.1% (Revised to 13.9%)
May 2020: -4.6%
April 2020: 9.7%
March 2020: 17.6%
February 2020: 3% (Revised to 3.1%)
January 2020: - 3.3%
December 2019: 2.4%
November 2019: - 5.9%
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%
May 2017: -1.2%
Apr 2017: -0.7%
Mar 2017: 16.5%
Feb 2017: 21.1%
Jan 2017: 8.6%
Wednesday, December 16, 2020
Australia is just trying to act tough against China by putting up a farcical show.
https://sg.finance.yahoo.com/news/australia-ups-ante-china-trade-045502100.html
The Aussie is just putting up a show because the WTO appeal court has already shut down.
The appeal court is closed temporarily because it doesn't have at least 3 judges to preside over a case now.
Does the Aussie know this? Yes! However, it still files an appeal despite knowing that the appeal court cannot accept the case.
Why does Australia do this then? It is just trying to act tough against China with a farcical show.
Tuesday, December 15, 2020
Why was it ridiculous for the US to accuse China of stealing its vaccination research materials? - Part 2
https://finance.yahoo.com/news/moderna-covid-19-vaccine-documents-000548533.html
I knew that the western world would do something like this and this was the reason that I published such a post much earlier.
http://sg-stock.blogspot.com/2020/12/why-was-it-ridiculous-for-us-to-accuse.html
I felt that we must be able to differentiate the different approaches used by the west and China so that we would know the truth. In a nutshell, the west used an incomplete virus vaccination (new) method while China used an inactive virus vaccination (traditional) method. Therefore, these 2 vaccination methods are completely different and it won't make any sense to steal the research materials from each other because doing so would not help to improve their vaccination researches.
Monday, December 14, 2020
The Washington riot is not a precursor to a civil war in the US.
Some people were saying that the US might have a civil war but I didn't think so. Why?
I don't think there will be a civil war in the US just because of a presidential election outcome. This is not a valid reason worth dying for in a civil war. There will only be protests and riots inflamed by those people who cannot admit defeat. A civil war will happen if a US state is trying to gain independence by force but this is not the case here.
I think Trump is upping his ante as the presidential handover gets closer. The US judges have been rejecting Trump's quixotic election claim and he has to do something to exonerate himself from his criminal activities. Like I said before, he's just embarking on a self-preservation journey because he knows too well that the US is a dealmaking country. If the protests and riots spread across the US, this will only benefit Trump because he can invoke the emergency law to take control of the US and prevent the presidential handover. Therefore, the escalation in the riots will give Trump his bargaining chip to negotiate with Biden and Biden may relent for the sake of a peaceful transition and economic growth. Let's watch how Biden will handle this. Is Biden going to nip this in the bud by having an early negotiation with Trump or let the riots escalate and spread across the US?Saturday, December 12, 2020
Why was it ridiculous for the US to accuse China of stealing its vaccination research materials?
If you have a good basic understanding of how things work, you will know who is lying or smearing. Therefore, I will explain briefly the vaccination researches adopted in the US and China.
The US pharmaceutical companies are using the mRNA method (new) to produce their covid vaccinations while China is using the tried and tested method (traditional) of using an inactive virus to produce its vaccinations.
In layman's terms, the mRNA process is to retain some parts of the genome that won't change and remove the parts that will change from the genome. Therefore, the incomplete virus with consistent parts will make the body recognize the "virus" and trigger the immunity to kick in. Since the modified RNA strain is not a complete virus, it cannot harm the body like a complete virus does.
The traditional method of using an inactive virus works in a completely different way. The process is to inactivate a virus by preventing its replication process or blocking it from latching itself to DNA. In other words, the inactive virus becomes incompetent and cannot replicate itself in a body because the transmission process is blocked. Therefore, this inactive virus will make the body recognize the virus and trigger the immunity to kick in but it will not harm the body since it cannot replicate itself in the body.
Since the US and China use different approaches to produce their vaccines, it doesn't make sense for China to steal US vaccination research materials as China cannot use such irrelevant materials to improve its vaccines. There is also no need for China to steal the US vaccination's data because the US has to reveal the efficacy rate, side effects, and immunity period for usages.
Friday, December 11, 2020
Is the US stock market overvalued?
Let's take a look at the 2 charts and we will know the answer.
Warren Buffett Index
This index is calculated by using the Total Market Capitalization and divided by the US GDP.
How do you interpret the chart?
The WB index is at 182.2 now. An index that is above 120 is an overvaluation and an index that is below 80 is an undervaluation. Therefore, anything between 80 to 120 is neutral (normal). The US stock market is extremely overvalued now as indicated by the WB index.
Shiller PE ratio chart
The Shiller PE Ratio is the 2nd highest on record now as shown on the chart. How much more do you think the US stock market can move up higher?
It is ridiculous for 5 eyes alliance and India to demand for a backdoor for our chat apps.
These 6 countries are being ridiculous beyond comprehension.
We know that they cannot monitor us when we use China's technology and network such as Huawei 5G. This is the reason the US demands other countries not to use Huawei 5G.
The US proclaimed that Huawei 5G posed security risks but it was the US that wanted to monitor everything.
Shame on these 6 countries!
US fighter pilot took a clear image of a UFO!
This image was leaked recently and the picture was taken by a supposedly F18 pilot.
Thursday, December 10, 2020
The US inflation is coming! - Part 5
https://sg.finance.yahoo.com/news/boxed-chinas-exports-pinched-global-085020906.html
Just as we've predicted, the US-China freight rate is close to US$5,000 now. This was what we had projected in September 2020.
http://sg-stock.blogspot.com/2020/09/the-us-inflation-is-coming.html
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