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Monday, January 4, 2021

Elite ComReit - Stock calls

DateAnalystCompanyLastTargetCallValuation
05/26/20UOB Kay HianElite ComReit0.660.88BuyDDM
06/30/20CIMBElite ComReit0.71.3Add
07/24/20CIMBElite ComReit0.6950.761AddDDM
07/27/20UOB Kay HianElite ComReit0.6950.88BuyDDM
10/20/20CIMBElite ComReit0.650.781Add
11/12/20UOB Kay HianElite ComReit0.6350.88BuyDDM

Stock calls for 4 January 2021


DateAnalystCompanyLastTargetCallValuation
01/04/21DBS VickersAEM3.455.16Buy
01/04/21DBS VickersAIMS AMP Cap Ind Reit1.251.4Buy
01/04/21CIMBBoustead Projects0.8051.33AddRNAV (30% discount)
01/04/21DBS VickersCapitaland3.283.7Buy
01/04/21DBS VickersCapitaland Integrated Commercial Trust2.162.5Buy
01/04/21DBS VickersCapitaRetail China1.391.7Buy
01/04/21DBS VickersComfortdelgro1.671.96Buy
01/04/21CIMBDBS25.0428.35Add
01/04/21DBS VickersLendlease Reit0.730.9Buy
01/04/21DBS VickersMapletree Logistics2.012.35Buy
01/04/21CIMBOCBC10.0612.52Add
01/04/21DBS VickersSATS3.984.5Buy
01/04/21DBS VickersThai Beverage0.740.93Buy
01/04/21DBS VickersUOB22.5924.8Buy
01/04/21CIMBUOB22.5927.72Add
01/04/21DBS VickersYangzijiang0.9551.4Buy
01/04/21UOB Kay HianYangzijiang0.9551.17Buy

Saturday, January 2, 2021

Thursday, December 31, 2020

EC World Reit - Stock calls

DateAnalystCompanyLastTargetCallValuation
03/02/20DMG & PartnersEC World Reit0.7050.78BuyDDM
03/02/20DBS VickersEC World Reit0.7050.8BuyDCF
03/02/20AmfrasersEC World Reit0.7050.82outperform
03/05/20phillipEC World Reit0.720.827BuyDDM
04/23/20DMG & PartnersEC World Reit0.630.78Buy
05/14/20DMG & PartnersEC World Reit0.6750.76BuyDDM
05/14/20DBS VickersEC World Reit0.6750.8BuyDCF
05/15/20phillipEC World Reit0.660.77BuyDDM
05/18/20AmfrasersEC World Reit0.6750.73outperformDDM
06/23/20DMG & PartnersEC World Reit0.70.76Buy
07/13/20AmfrasersEC World Reit0.6550.73outperformDDM
08/12/20AmfrasersEC World Reit0.6550.73outperformDDM
08/12/20DMG & PartnersEC World Reit0.6550.76BuyDDM
10/12/20AmfrasersEC World Reit0.6750.73outperform
11/12/20AmfrasersEC World Reit0.6950.74outperform


Eagle Hospitality Trust - Stock calls

DateAnalystCompanyLastTargetCallValuation
02/20/20AmfrasersEagle Hospitality Trust0.530.51Neutral
02/20/20JefferiesEagle Hospitality Trust0.530.7Buy
02/20/20UBSEagle Hospitality Trust0.530.75Buy
03/10/20AmfrasersEagle Hospitality Trust0.280.51Neutral
03/25/20UBSEagle Hospitality Trust0.1370.75Buy

Delfi - Stock calls

DateAnalystCompanyLastTargetCallValuation
01/06/20DBS VickersDelfi11.51Buy
02/07/20DMG & PartnersDelfi0.961.68BuyDCF
02/28/20DBS VickersDelfi0.961.55BuyPER23x FY20
04/27/20DMG & PartnersDelfi0.620.74BuyDCF
05/22/20DBS VickersDelfi0.831.08BuyPER18x FY20/21
06/05/20AmfrasersDelfi0.770.93outperform
07/15/20DMG & PartnersDelfi0.740.74NeutralDCF
08/13/20DMG & PartnersDelfi0.740.8NeutralDCF
08/14/20DBS VickersDelfi0.7250.98BuyPER18x FY21
08/20/20AmfrasersDelfi0.740.93outperformPER15x
11/20/20Lim & TanDelfi0.660Accumulate

Wednesday, December 30, 2020

Latest updates on Covid mutations.

The new covid variant in the UK is called B117 and the mutated covid in Africa is called 501v2.  These 2 variants only share the same N501Y mutation in the spike protein but are classified as 2 different viruses.  The 501v2 is more infectious than B117 and both variants infect teens and young children more than the earlier variant which infects adults and elders.

https://www.sciencemediacentre.org/expert-reaction-to-south-african-variant-of-sars-cov-2-as-mentioned-by-matt-hancock-at-the-downing-street-press-briefing/

The 501v2 variant is vastly different from the earlier covid and may render the existing vaccines ineffective.  Let's wait for the scientists to confirm this.

DBS Bank - Stock calls

DateAnalystCompanyLastTargetCallValuation
01/03/20UOB Kay HianDBS26.1130Buy
01/08/20CIMBDBS26.0528.29Add
01/08/20Kim EngDBS26.0529.92Buy
01/14/20DMG & PartnersDBS26.125.8NeutralGGM, PB1.28x FY20
02/07/20UOB Kay HianDBS25.728.65Buy
02/13/20Lim & TanDBS25.420Buy
02/13/20JP MorganDBS25.4223Underweight
02/14/20CIMBDBS25.4227.09AddGGM
02/14/20UOB Kay HianDBS25.4228BuyGGM, PB1.39x FY20
02/14/20DMG & PartnersDBS25.4224.8NeutralGGM, PB1.25x FY20
02/14/20Kim EngDBS25.4228.6Buy
02/14/20JefferiesDBS25.4228.5Buy
02/18/20phillipDBS25.4827.3Accumulate
02/18/20CitibankDBS25.4826.8Hold
03/04/20CitibankDBS23.6624.4Hold
03/05/20CIMBDBS23.9124.33Hold
03/05/20OCBCDBS23.9125.5HoldGGM, PB1.3x
03/09/20CitibankDBS2317.5Sell
03/09/20JP MorganDBS2320Underweight
03/10/20phillipDBS21.1527.3Accumulate
03/10/20JefferiesDBS21.1527Buy
03/13/20DMG & PartnersDBS20.221.5NeutralGGM, PB1.09x FY20
03/19/20MacquarieDBS17.920.25Neutral
03/19/20JefferiesDBS17.920Buy
03/19/20JP MorganDBS17.916Underweight
04/01/20JefferiesDBS18.5720Buy
04/01/20CitibankDBS18.5717.5Sell
04/08/20Kim EngDBS19.1121.99Buy
04/13/20phillipDBS19.1427.3Accumulate
04/17/20UOB Kay HianDBS19.3822.1Buy
04/24/20MacquarieDBS18.7418.25Neutral
04/30/20Lim & TanDBS19.20Buy
05/01/20DMG & PartnersDBS19.218.7NeutralGGM, PB0.96x FY20
05/04/20phillipDBS19.9620.59AccumulateGGM, PB1.09x
05/04/20UOB Kay HianDBS19.9622.3Buy
05/04/20JefferiesDBS19.9622.5Buy
05/11/20Kim EngDBS19.722.1Buy
05/11/20CitibankDBS19.719.65Hold
06/08/20phillipDBS22.2820.6Neutral
06/08/20CitibankDBS22.2825.5Buy
06/10/20Lim & TanDBS22.950Hold
06/11/20MacquarieDBS23.0126outperformPB
06/18/20DMG & PartnersDBS21.5718.7Neutral
06/18/20JP MorganDBS21.5719.5Underweight
06/24/20Kim EngDBS21.1322.1Buy
07/01/20CIMBDBS20.8518.8Hold
07/03/20phillipDBS21.2820.6Neutral
07/06/20UOB Kay HianDBS21.5726.22Buy
07/14/20MacquarieDBS21.5426outperformPB
07/20/20UOB Kay HianDBS21.3824.8Buy
07/21/20JefferiesDBS21.2924.5Buy
07/21/20Kim EngDBS21.2922.1Buy
07/30/20MacquarieDBS20.425.5outperformPB
07/30/20OCBCDBS20.420Hold
07/30/20UOB Kay HianDBS20.423.12Buy
07/30/20JP MorganDBS20.419Underweight
07/30/20JefferiesDBS20.420Hold
08/04/20MacquarieDBS19.4524.25outperformPB
08/06/20Lim & TanDBS19.830Accumulate
08/07/20Kim EngDBS20.422.9BuyDDM
08/07/20DMG & PartnersDBS20.418.5NeutralGGM, PB0.94x FY20
08/07/20UOB Kay HianDBS20.422.9BuyGGM, PB01.07x FY21
08/07/20CIMBDBS20.418.8Hold
08/11/20phillipDBS20.621AccumulateGGM, PB1.18x
08/11/20CIMBDBS20.620.46Hold
08/12/20MacquarieDBS20.8524.1outperformPB
08/12/20JP MorganDBS20.8520Neutral
09/02/20MacquarieDBS20.8724.1outperform
09/07/20phillipDBS20.6821Accumulate
09/14/20Kim EngDBS20.5122.9Buy
09/25/20Lim & TanDBS19.80Accumulate
09/30/20UOB Kay HianDBS19.9823.5Buy
09/30/20JP MorganDBS19.9822Overweight
10/01/20CIMBDBS19.9120.46Hold
10/07/20UOB Kay HianDBS20.7123.5Buy
10/07/20OCBCDBS20.7122.5Hold
10/12/20phillipDBS21.0521Neutral
10/21/20Kim EngDBS21.322.9Buy
11/04/20phillipDBS21.4321Neutral
11/05/20Lim & TanDBS21.550Accumulate
11/06/20MacquarieDBS22.4324.1outperform
11/06/20Kim EngDBS22.4324.63BuyDDM
11/06/20UOB Kay HianDBS22.4326.75BuyGGM, PB1.27x FY21
11/06/20CIMBDBS22.4320.46Hold
11/06/20DMG & PartnersDBS22.4325.2BuyGGM
11/06/20OCBCDBS22.4324.5Buy
11/09/20phillipDBS22.4922.6NeutralGGM, PB1.26x FY21
11/09/20JefferiesDBS22.4926Buy
11/09/20CIMBDBS22.4925.51AddGGM
11/16/20OCBCDBS23.9827Buy
11/18/20JefferiesDBS24.6522Hold
11/18/20JP MorganDBS24.6524.5Overweight
11/19/20MacquarieDBS24.6324.1Neutral
11/19/20Lim & TanDBS24.630Hold
11/20/20DMG & PartnersDBS24.4225.2BuyGGM
11/25/20Kim EngDBS25.624.63Sell
11/30/20CIMBDBS25.6828.35AddGGM, PB1.3x FY21
12/01/20UOB Kay HianDBS25.226.75Buy
12/07/20phillipDBS25.6622.6Neutral
12/07/20Kim EngDBS25.6624.63Sell
12/08/20MacquarieDBS25.2624.1Neutral
12/10/20DMG & PartnersDBS25.4530BuyGGM
12/11/20Lim & TanDBS25.050Hold
12/16/20DMG & PartnersDBS25.4630Buy

Dasin Retail - Stock calls

DateAnalystCompanyLastTargetCallValuation
03/10/20phillipDasin Retail0.8050.88AccumulateDDM
05/27/20phillipDasin Retail0.830.91AccumulateDDM
08/11/20DBS VickersDasin Retail0.7850.86BuyDCF
08/24/20phillipDasin Retail0.8150.91AccumulateDDM
09/14/20phillipDasin Retail0.8150.91Accumulate
10/19/20phillipDasin Retail0.80.91Accumulate
11/23/20phillipDasin Retail0.7750.91Accumulate
12/07/20phillipDasin Retail0.760.9BuyDDM

Dairy Farm - Stock calls


DateAnalystCompanyLastTargetCallValuation
03/06/20DMG & PartnersDairy Farm4.755.05HoldDCF
03/06/20DBS VickersDairy Farm4.755.2BuySum of parts
03/06/20CIMBDairy Farm4.754.38ReducePER17x FY20
03/25/20DBS VickersDairy Farm3.964.7BuySum of parts
03/27/20HSBCDairy Farm4.315.05Hold
04/06/20DBS VickersDairy Farm4.314.7Buy
04/09/20DMG & PartnersDairy Farm4.894.95NeutralDCF
04/15/20DBS VickersDairy Farm4.835.59Buy
04/29/20DBS VickersDairy Farm4.755.1BuySum of parts
05/28/20MacquarieDairy Farm4.265.8Outperform
06/08/20DMG & PartnersDairy Farm4.754.95Neutral
06/10/20CIMBDairy Farm55.45HoldPER20x CY21
07/03/20DBS VickersDairy Farm4.665.1Buy
07/03/20CIMBDairy Farm4.154.63HoldPER20x CY21, Buy @ $3.80
07/30/20DMG & PartnersDairy Farm4.154.47NeutralDCF
07/30/20DBS VickersDairy Farm4.154.86BuySum of parts
08/19/20MacquarieDairy Farm4.215.7OutperformDCF
08/28/20DMG & PartnersDairy Farm4.274.47Neutral
09/10/20CIMBDairy Farm3.854.5AddPER20x FY21
10/22/20DMG & PartnersDairy Farm3.784.47Buy
10/26/20DBS VickersDairy Farm3.764.44Buy
12/02/20CIMBDairy Farm4.14.5Add

Tuesday, December 29, 2020

CSE Global - Stock calls


DateAnalystCompanyLastTargetCallValuation
01/08/20UOB Kay HianCSE Global0.560.7Buy
01/08/20DMG & PartnersCSE Global0.560.69Buy
02/05/20Lim & TanCSE Global0.510.68Buy
02/11/20DMG & PartnersCSE Global0.530.69BuyDCF
02/28/20DMG & PartnersCSE Global0.5450.73BuyDCF
02/28/20UOB Kay HianCSE Global0.5450.72Buy
02/28/20CIMBCSE Global0.5450.77AddPER13.5x FY21
03/02/20DBS VickersCSE Global0.520.7BuyPER12x FY20
03/12/20DBS VickersCSE Global0.4650.65BuyPER12x FY20
03/26/20CIMBCSE Global0.350.45Add
03/30/20DMG & PartnersCSE Global0.360.73Buy
04/07/20DMG & PartnersCSE Global0.350.73Buy
04/08/20DMG & PartnersCSE Global0.380.54BuyPER12x FY20
05/06/20DBS VickersCSE Global0.3950.54BuyPER10.6x
06/03/20UOB Kay HianCSE Global0.4750.65BuyPER12.1x FY21
06/04/20DMG & PartnersCSE Global0.490.54BuyPER12x FY20
06/04/20Lim & TanCSE Global0.490Buy
06/04/20CIMBCSE Global0.490.55Add
07/17/20DMG & PartnersCSE Global0.460.54BuyPER12x FY20
08/06/20DBS VickersCSE Global0.530.61BuyPER10x FY21
08/07/20DMG & PartnersCSE Global0.5350.6BuyPER10.8x FY21
08/07/20UOB Kay HianCSE Global0.5350.59BuyPER12x FY21
08/11/20CIMBCSE Global0.5250.6Add
08/11/20AmfrasersCSE Global0.5250.52NeutralPER12x FY21 & PB2x FY21, Cut from $0.61
09/07/20Lim & TanCSE Global0.4950Buy
10/23/20DBS VickersCSE Global0.460.57BuyPER10.2x FY21
11/13/20DBS VickersCSE Global0.450.55BuyPER10.1x FY21