Starhill - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/30/20	DMG & Partners	Starhill	0.71	0.76	Neutral	DDM
02/04/20	DBS Vickers	Starhill	0.715	0.8	Buy	DCF
04/02/20	DBS Vickers	Starhill	0.41	0.45	Hold
04/15/20	CIMB	Starhill	0.485	0.71	Buy
04/15/20	OCBC	Starhill	0.485	0.52	Buy
04/23/20	DMG & Partners	Starhill	0.49	0.76	Buy
05/05/20	Lim & Tan	Starhill	0.48	0	Hold
05/29/20	DBS Vickers	Starhill	0.46	0.5	Hold
06/03/20	DMG & Partners	Starhill	0.535	0.63	Buy	DDM
07/29/20	CIMB	Starhill	0.475	0.706	Add	DDM
07/30/20	OCBC	Starhill	0.47	0.53	Buy
08/03/20	DMG & Partners	Starhill	0.465	0.6	Buy	DDM
09/11/20	DBS Vickers	Starhill	0.455	0.5	Hold
10/29/20	CIMB	Starhill	0.42	0.706	Add
10/29/20	Lim & Tan	Starhill	0.42	0	Buy on weakness
11/04/20	OCBC	Starhill	0.41	0.52	Buy
12/09/20	DBS Vickers	Starhill	0.48	0.55	Hold
02/01/21	CIMB	Starhill	0.525	0.66	Add	DDM
02/02/21	OCBC	Starhill	0.535	0.53	Hold
02/18/21	DMG & Partners	Starhill	0.51	0.6	Buy
02/18/21	DBS Vickers	Starhill	0.51	0.55	Hold

Starburst - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
11/05/20	UOB Kay Hian	Starburst	0.42	0.61	Buy

Straits Trading - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/04/21	DBS Vickers	Straits Trading	2.33	3.5	Buy	Sum of parts (40% discount)
02/22/21	DBS Vickers	Straits Trading	2.77	3.9	Buy	Sum of parts (40% discount)

Stock calls for 23 February 2021

Date	Analyst	Company	Last	Target	Call	Valuation
02/23/21	DBS Vickers	ARA Logistics	0.715	0.8	Buy
02/23/21	DBS Vickers	Ascendas India Trust	1.51	1.85	Buy
02/23/21	Kim Eng	Bumitama	0.535	0.65	Buy
02/23/21	UOB Kay Hian	Bumitama	0.535	0.65	Buy
02/23/21	DMG & Partners	Bumitama	0.535	0.45	Sell
02/23/21	DBS Vickers	ESR-Reit	0.385	0.45	Buy
02/23/21	DBS Vickers	Frasers Logistics	1.41	1.85	Buy
02/23/21	CIMB	Grand Venture	0.54	0.605	Add	GGM, PB3.31x FY21
02/23/21	DBS Vickers	Keppel DC Reit	2.83	2.8	Hold
02/23/21	DBS Vickers	Mapletree Industrial	2.75	3.25	Buy
02/23/21	Kim Eng	Raffles Medical	1.02	1.1	Buy
02/23/21	UOB Kay Hian	Raffles Medical	1.02	1.12	Buy
02/23/21	Lim & Tan	Sembcorp Industries	1.62	0	Accumulate
02/23/21	Lim & Tan	Sembcorp Marine	0.152	0	Hold
02/23/21	CIMB	Starhub	1.26	1.6	Add	DCF
02/23/21	CIMB	Wilmar	5.51	6.15	Add	Sum of parts
02/23/21	UOB Kay Hian	Wilmar	5.51	6.4	Buy
02/23/21	DBS Vickers	Wilmar	5.51	6.67	Buy
02/23/21	DMG & Partners	Wilmar	5.51	6.3	Buy

The G7 summit was a non-event.

Times have changed.

The G7 summit has become a non-event because its economic clout has already declined.  China is the largest trading partner for the EU and Asia now.

https://www.bbc.com/news/business-56093378

It is very difficult for the US to get other G7 members to stand by its side like before now because the world has changed.  Not only the external environment has changed for the US, but the internal situation has also changed too.  The US chamber of commerce (USCC) had commissioned an economic study to convince the US government not to continue the US-China trade war.

https://www.uschamber.com/press-release/us-chamber-releases-depth-analysis-of-us-china-economic-relationship

The USCC revealed the outcome of this study after the USCBC did the same thing months ago.

http://sg-stock.blogspot.com/2021/01/what-did-trump-do-for-us-during-his.html

Therefore, Biden is facing internal and external pressures now to change course after the US lost the US-China trade war.  The Americans are very stupid because they need to learn things the hard way.

The EU was not stupid to follow the US blindly in the US-China trade war because the ECB did a US-China trade war simulation which showed that the US would lose.  The US refused to acknowledge this outcome previously.

http://sg-stock.blogspot.com/2018/09/ecb-simulation-showed-that-china-would.html

Thus, we must accept that China's political and economic clouts are not the same anymore and China will supersede the US in the future.  

Who will want to stand with the loser (US) when one can stand with the winner (China) on the podium?

Even the UK PM knows how to do a flip-flop now!  He has just proclaimed that he's a sinophile.  Hahaha!

https://sg.news.yahoo.com/boris-johnsons-warm-words-china-191057549.html

ST Group Food - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
10/08/20	UOB Kay Hian	ST Group Food	0.109	0.14	Buy