Seatrium - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/04/25	UOB Kay Hian	Seatrium	2.15	2.96	Buy	PB1.5x
03/04/25	Citi Research	Seatrium	2.15	2.65	Buy
04/10/25	DBS Vickers	Seatrium	1.68	3	Buy
05/07/25	UOB Kay Hian	Seatrium	1.92	2.96	Buy	PB1.5x
05/29/25	DBS Vickers	Seatrium	2.06	3	Buy
05/29/25	Lim & Tan	Seatrium	2.06	2.72	Accumulate on weakness
05/29/25	OCBC	Seatrium	2.06	2.76	Buy
05/30/25	CIMB	Seatrium	2.07	2.8	Add
06/02/25	UOB Kay Hian	Seatrium	2.05	2.96	Buy	PB1.5x
06/02/25	MorningStar	Seatrium	2.05	2.92	4-Star
07/01/25	CIMB	Seatrium	2.01	2.8	Add	PB
07/07/25	UOB Kay Hian	Seatrium	2.07	2.96	Buy	PB1.5x
08/01/25	UOB Kay Hian	Seatrium	2.27	2.96	Buy	PB1.5x
08/01/25	DBS Vickers	Seatrium	2.27	2.96	Buy	PB1.5x FY25
08/01/25	CIMB	Seatrium	2.27	2.8	Add	PB
08/28/25	Lim & Tan	Seatrium	2.29	2.75	Accumulate on weakness
08/28/25	Citi Research	Seatrium	2.29	2.65	Buy
09/23/25	JPM	Seatrium	2.34	3.05	Overweight
09/24/25	DBS Vickers	Seatrium	2.37	2.96	Buy	PB1.5x FY25
09/24/25	CIMB	Seatrium	2.37	2.8	Add	PB
09/26/25	UOB Kay Hian	Seatrium	2.44	2.96	Buy	PB1.5x
10/10/25	DBS Vickers	Seatrium	2.44	2.96	Buy	PB1.5x FY25
10/10/25	CIMB	Seatrium	2.44	2.8	Add	PB
10/16/25	Lim & Tan	Seatrium	2.12	2.84	Accumulate on weakness
11/03/25	DBS Vickers	Seatrium	2.17	2.96	Buy	PB1.5x
11/14/25	UOB Kay Hian	Seatrium	2.18	2.96	Buy	PB1.5x
11/14/25	CIMB	Seatrium	2.18	2.67	Add	PB
11/14/25	MorningStar	Seatrium	2.18	2.92	4-Star
11/14/25	OCBC	Seatrium	2.18	2.76	Buy
11/26/25	Lim & Tan	Seatrium	2.06	2.8	Accumulate on weakness
11/27/25	CIMB	Seatrium	2.12	2.67	Add	PB
12/08/25	UOB Kay Hian	Seatrium	2.12	2.96	Buy	PB1.5x
12/12/25	CIMB	Seatrium	2.08	2.67	Add	PB
12/12/25	Lim & Tan	Seatrium	2.08	2.81	Accumulate on weakness
12/22/25	Citi Research	Seatrium	2.07	2.65	Buy	PB1.2x FY26
01/22/26	DBS Vickers	Seatrium	2.13	2.96	Buy	PB1.5x
01/22/26	Lim & Tan	Seatrium	2.13	2.73	Accumulate on weakness
01/23/26	CIMB	Seatrium	2.12	2.67	Add	PB
01/23/26	Citi Research	Seatrium	2.12	2.65	Buy	PB1.2x FY26
01/29/26	UOB Kay Hian	Seatrium	2.12	2.96	Buy	PB1.5x
02/10/26	UOB Kay Hian	Seatrium	2.09	2.96	Buy	PB1.5x
02/10/26	DBS Vickers	Seatrium	2.09	2.96	Buy	PB1.5x
02/10/26	Lim & Tan	Seatrium	2.09	2.66	Accumulate on weakness
02/26/26	Lim & Tan	Seatrium	2.21	2.65	Accumulate on weakness
02/26/26	Citi Research	Seatrium	2.21	2.6	Buy
02/27/26	UOB Kay Hian	Seatrium	2.28	3.15	Buy
02/27/26	CIMB	Seatrium	2.28	2.84	Add	PB
03/02/26	DBS Vickers	Seatrium	2.4	3	Buy	PB1.35x FY26
03/06/26	Citi Research	Seatrium	2.32	2.7	Buy	PB1.2x FY27
03/06/26	OCBC	Seatrium	2.32	2.79	Buy
03/09/26	Lim & Tan	Seatrium	2.33	2.7	Accumulate
03/23/26	Lim & Tan	Seatrium	2.37	2.7	Accumulate on weakness
03/27/26	Kim Eng	Seatrium	2.29	3.1	Buy	DCF
05/07/26	UOB Kay Hian	Seatrium	2.37	3.15	Buy
05/29/26	DBS Vickers	Seatrium	2.17	3	Buy	PB1.35x FY26
05/29/26	OCBC	Seatrium	2.17	2.79	Buy	PB
06/02/26	UOB Kay Hian	Seatrium	2.12	3.15	Buy	PB1.5x
06/02/26	CIMB	Seatrium	2.12	2.52	Add	PB
06/02/26	Lim & Tan	Seatrium	2.12	2.71	Accumulate on weakness

SATS - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/19/25	phillip	SATS	3.07	4.34	Buy	DCF
03/19/25	OCBC	SATS	3.07	3.93	Buy
03/21/25	DBS Vickers	SATS	3.04	4	Buy	EV/Ebitda8.3x FY25/26
04/09/25	UOB Kay Hian	SATS	2.65	2.89	Hold	PER16.8x FY27
04/10/25	DBS Vickers	SATS	2.46	4	Buy	EV/Ebitda8.3x FY25/26
04/10/25	CIMB	SATS	2.46	3.05	Add	DCF
04/16/25	phillip	SATS	2.67	4.34	Buy	DCF
04/16/25	Lim & Tan	SATS	2.67	3.85	Accumulate
05/19/25	phillip	SATS	2.99	4.34	Buy	DCF
05/26/25	UOB Kay Hian	SATS	2.98	3.22	Buy	PER16.8x FY27
05/26/25	phillip	SATS	2.98	3.58	Buy	DCF
05/26/25	DBS Vickers	SATS	2.98	3.5	Buy
07/16/25	phillip	SATS	3.24	3.58	Buy	DCF
07/17/25	CIMB	SATS	3.25	3.6	Add	DCF
08/18/25	phillip	SATS	3.27	3.58	Buy	DCF
08/21/25	DBS Vickers	SATS	3.18	3.5	Buy	DCF & PER19x FY26
08/21/25	Lim & Tan	SATS	3.18	3.74	Accumulate
08/22/25	UOB Kay Hian	SATS	3.26	3.52	Buy	PER18.4x FY27
08/22/25	phillip	SATS	3.26	3.66	Accumulate	DCF
08/25/25	DBS Vickers	SATS	3.26	3.8	Buy
08/25/25	CIMB	SATS	3.26	3.83	Add	DCF
09/17/25	phillip	SATS	3.29	3.58	Buy	DCF
09/25/25	CIMB	SATS	3.39	3.83	Add	DCF
11/14/25	DBS Vickers	SATS	3.55	3.8	Buy	PER18x & DCF
11/17/25	UOB Kay Hian	SATS	3.47	4.2	Buy	PER19.7x FY27
11/18/25	DBS Vickers	SATS	3.48	4	Buy	PER19x & DCF
12/19/25	phillip	SATS	3.75	3.84	Neutral	DCF
01/13/26	DBS Vickers	SATS	3.8	4.4	Buy	PER20x FY26 & DCF
02/02/26	UOB Kay Hian	SATS	3.79	4.2	Buy	PER19.7x FY27
03/02/26	UOB Kay Hian	SATS	3.92	4.75	Buy	PER19.7x FY28
03/02/26	DBS Vickers	SATS	3.92	4.5	Buy	DCF & PER20x
03/04/26	phillip	SATS	3.69	4.44	Buy	DCF
03/16/26	Kim Eng	SATS	3.61	4.52	Buy	DCF
04/02/26	UBS	SATS	3.6	4.35	Buy
04/30/26	DBS Vickers	SATS	3.31	4.2	Buy	DCF & PER19x
05/26/26	DBS Vickers	SATS	3.37	4.2	Buy	DCF & PER19x
05/28/26	UOB Kay Hian	SATS	3.56	4.75	Buy	PER19.7x FY28
05/28/26	phillip	SATS	3.56	4.52	Buy	DCF
06/03/26	Lim & Tan	SATS	3.95	4.42	Accumulate on weakness
06/05/26	UBS	SATS	3.99	4.1	Buy

Stock calls for 11 June 2026

Date	Analyst	Company	Last	Target	Call	Valuation
06/11/26	Lim & Tan	Capitaland Integrated Commercial Trust	2.33	2.7	Accumulate on weakness
06/11/26	DBS Vickers	Centurion	1.41	1.86	Buy	Sum of parts
06/11/26	UOB Kay Hian	SGX	21.7	21.7	Hold	PER27.1x FY28
06/11/26	Lim & Tan	SGX	21.7	21.7	Hold
06/11/26	Kim Eng	Sing Investments & Finance	1.53	2.11	Buy	PB

The US inflation (CPI) has spiked again!

The US CPI has crossed 4% (4.2%)!

The Iran war will cause the US inflation to stay high for this year and the US Fed won't ease its rates in 2026.  There is a high chance that the US Fed will increase its rates at least once for 2026 to contain the skyrocketing inflation and this is bad news for the US economy and stock markets.

Sasseur - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/24/25	Amfrasers	Sasseur	0.665	0.9	Outperform	DDM
05/16/25	phillip	Sasseur	0.63	0.78	Buy	DDM
05/30/25	UOB Kay Hian	Sasseur	0.63	0.98	Buy
08/15/25	phillip	Sasseur	0.7	0.78	Buy	DDM
11/17/25	CIMB	Sasseur	0.675	0.9	Add	DDM
11/28/25	Amfrasers	Sasseur	0.68	0.87	Outperform	DDM
03/06/26	Amfrasers	Sasseur	0.68	0.87	Outperform	DDM