Great Eastern - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/14/24	EY	Great Eastern	26.17	25.6	Accept Offer	Offer @ $25.60

Grand Venture - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/14/24	DBS Vickers	Grand Venture	0.55	0.7	Buy	PER21x FY24/25
11/11/24	DBS Vickers	Grand Venture	0.555	0.7	Buy	PER21x FY24/25
01/06/25	DBS Vickers	Grand Venture	0.82	1.04	Buy	PER21x FY26
02/26/25	DBS Vickers	Grand Venture	0.84	1.12	Buy	PER21x FY26
04/11/25	DBS Vickers	Grand Venture	0.61	1.12	Buy	PER21x FY26
06/02/25	DBS Vickers	Grand Venture	0.84	1.12	Buy	PER21x FY26

Grand Bank - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/12/24	Lim & Tan	Grand Bank	0.43	0.54	Buy
08/29/24	Lim & Tan	Grand Bank	0.395	0	Buy
10/07/24	Lim & Tan	Grand Bank	0.55	0	Buy
11/25/24	Lim & Tan	Grand Bank	0.555	1.05	Buy
03/05/25	Lim & Tan	Grand Bank	0.53	0	Buy
05/19/25	Lim & Tan	Grand Bank	0.535	0.51	Hold

Stock calls for 2 June 2025

Date	Analyst	Company	Last	Target	Call	Valuation
06/02/25	Lim & Tan	CNMC	0.425	0	Buy
06/02/25	DBS Vickers	Dairy Farm	2.76	3	Buy
06/02/25	CIMB	Dairy Farm	2.76	3	Add	PER
06/02/25	DBS Vickers	Grand Venture	0.84	1.12	Buy	PER21x FY26
06/02/25	DBS Vickers	IHH Healthcare	2.1	2.48	Buy	Ringgit $8.20 target price, Sum of parts
06/02/25	Lim & Tan	Ley Choon	0.067	0	Accumulate
06/02/25	UOB Kay Hian	Seatrium	2.05	2.96	Buy	PB1.5x
06/02/25	Phillip	Thakral	1.52	2.04	Buy	PER8.4x FY25

US consumers have been saving up because of higher inflation expectations.

5-year inflation expectations: 4.2%

US 1-year inflation expectations: 6.6%

As the US inflation expectations increasing in 2025, the US personal saving rate also increases simultaneously along with the higher inflation.  In other words, the US consumers will be cutting back on their spendings in 2025.

Baltic dry index - 1418

Related stock: Seatrium, Cosco & Pan Ocean.

US rig count (weekly) - 563

 Related stock: Seatrium & Cosco.