Golden Agri - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/15/20	DMG & Partners	Golden Agri	0.146	0.12	Sell	Sum of parts
06/26/20	DMG & Partners	Golden Agri	0.15	0.13	Sell	Sum of parts
08/17/20	DMG & Partners	Golden Agri	0.154	0.13	Sell	Sum of parts
08/17/20	CIMB	Golden Agri	0.154	0.12	Reduce
08/25/20	UOB Kay Hian	Golden Agri	0.145	0.14	Hold
11/03/20	DMG & Partners	Golden Agri	0.14	0.13	Sell	Sum of parts
11/19/20	OCBC	Golden Agri	0.152	0.13	Sell
02/26/21	CIMB	Golden Agri	0.193	0.2	Hold
03/04/21	CIMB	Golden Agri	0.192	0.199	Hold
03/04/21	DMG & Partners	Golden Agri	0.192	0.25	Trading Buy
03/04/21	OCBC	Golden Agri	0.192	0.21	Hold

GL Ltd - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/28/20	Lim & Tan	GL Ltd	0.59	0.7	Hold
08/27/20	Lim & Tan	GL Ltd	0.555	0	Hold
10/05/20	Lim & Tan	GL Ltd	0.525	0	Hold
01/14/21	Lim & Tan	GL Ltd	0.56	0	Hold
03/16/21	Lim & Tan	GL Ltd	0.8	1.16	Accept Offer	Offer $0.80

GKE - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/07/21	CIMB	GKE	0.138	0.18	Add	Sum of parts
01/15/21	CIMB	GKE	0.138	0.184	Add	Sum of parts

Stock calls for 5 April 2021

Date	Analyst	Company	Last	Target	Call	Valuation
04/05/21	CIMB	Capitaland	3.77	4.04	Add	RNAV (35% discount)
04/05/21	CIMB	City Developments	8.28	8.97	Add	RNAV
04/05/21	DBS Vickers	Comfortdelgro	1.75	1.99	Buy
04/05/21	Kim Eng	Comfortdelgro	1.75	1.88	Buy
04/05/21	DBS Vickers	Dairy Farm	4.33	5.02	Buy
04/05/21	phillip	DBS	29	29.5	Accumulate
04/05/21	UOB Kay Hian	DBS	29	32.95	Buy
04/05/21	DBS Vickers	Far East Hospitality	0.64	0.7	Buy
04/05/21	DBS Vickers	Mapletree North Asia	1.06	1.2	Buy
04/05/21	phillip	OCBC	11.77	13.65	Buy
04/05/21	DBS Vickers	Prime US Reit	0.835	1	Buy
04/05/21	Lim & Tan	Samudera	0.28	0.49	Buy	PB1x FY21
04/05/21	DBS Vickers	Singtel	2.44	2.75	Buy
04/05/21	phillip	UOB	25.8	28.7	Accumulate
04/05/21	CIMB	UOL	7.89	7.91	Add

Baltic dry index - 2072

 Related stock: Sembcorp Marine, Cosco & Pan ocean.

US rig count (weekly) - 430

 Related stock: Semborp Marine & Cosco.

US ISM PMI increased to 64.7 in March 2021.

The prices had maintained at an elevated level of 85.6 because of the high freight costs and container shortages.  This also impacted the supplier’s deliveries by +4.6 to 76.6 as a higher number indicated slower deliveries.  It seemed that the high freight costs were deterring manufacturers from ordering raw materials.

However, the producers continued to ramp up their production (68.1, +4.9) further which propelled an increase in inventories (50.8, +1.1) and an increase in employment (59.6, +5.2) to prepare for a rebound in the customers’ inventories (29.9, -2.6) which had to be repleted.  The increase in new order (68, +3.2) was due to higher new local orders boosted by stimulus cheques.

All these resulted in the PMI increasing to 64.7 (+3.9).  This means that the US economy will still continue to improve due to new stimulus cheques.

The truth about Xinjiang's cotton! - Part 2

 

Look at how a foreigner in China mocked western media's fabrications.

Many people don't know how hard it is to hide over 1m detainees or over half a million forced labourers.  I shall present crowd visualization to clear your mind.

Crowd size: 100K

https://blog.lime.link/visualizing-crowd-sizes/

Xinjiang's forced labour size: "A few!"

http://sg-stock.blogspot.com/2021/03/the-truth-about-xinjiangs-cotton.html

The US always uses satellite images but the US cannot even capture a crowd size of a few thousand forced labourers in Xinjiang.

Let's recap the so-called "genocide" in Xinjiang:

1. Uygur's population increased by 25% to over 12m from 10m in less than a decade.

2. No mass exodus of Uygurs in Xinjiang compared to other genocide events.

3. Xinjiang's GDP grew 7.2% annually prior to the pandemic despite the ongoing genocide.

4. No picture of detainees taken.

5. Uygur's lifespan increased from 30 years to 74 years during the ongoing genocide.

I believe many low-birth countries will love to have this kind of "genocide" in their own countries.  Don't you?

GHY - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/20/21	UOB Kay Hian	GHY	0.785	1.08	Buy	PB18.5x FY21
02/09/21	UOB Kay Hian	GHY	0.715	1.08	Buy
03/04/21	UOB Kay Hian	GHY	0.735	1.18	Buy