https://sg-stock.blogspot.com/2019/08/the-us-china-trade-war-is-escalating.html
https://sg-stock.blogspot.com/2019/08/the-us-china-trade-war-is-escalating_11.html
The US-China financial war talk is on the rise after we first posted the 4 stages of escalation on 9 August 2019.
The China central bank ex-bankers warned about this on 10 August 2019, a day after our posting.
There is a more detailed discussion on this today (see below).
https://finance.yahoo.com/news/china-may-foreign-exchange-reserves-093000109.html
First of all, we're not fearmongering to profit from this. We're just stating the possible scenarios that might happen which derived from our analysis based on our financial knowledge. It is just a coincident that the financial war talk is becoming a topic after our first post.
Are we clairvoyants? We wished we were but we were not.
We agree that we're not always right but we're also seldom wrong. Heehee!
Thursday, August 15, 2019
The Dow Jones index fell 800 points because of 2-10y inverted yield curve.
The US markets fell heavily because of 2-10y inverted yield curve.
We had explained the abnormality of the inverted yield curve below.
http://sg-stock.blogspot.com/2019/03/the-us-treasurys-situation-is-getting.html
We also had reminded our readers to watch the 2-10y yield curve closely in Dec 2018.
https://sg-stock.blogspot.com/2018/12/the-us-3-year-and-5-year-yield-curve.html
The US markets heavy plunges yesterday had slaughtered many investors who bought into the euphoria of the delayed tariffs.
We had explained the abnormality of the inverted yield curve below.
http://sg-stock.blogspot.com/2019/03/the-us-treasurys-situation-is-getting.html
We also had reminded our readers to watch the 2-10y yield curve closely in Dec 2018.
https://sg-stock.blogspot.com/2018/12/the-us-3-year-and-5-year-yield-curve.html
The US markets heavy plunges yesterday had slaughtered many investors who bought into the euphoria of the delayed tariffs.
Wednesday, August 14, 2019
The Hong Kong police are incapable to protect the innocent.
The HK police should have taken a much tougher stance against the rioters. It was pretty obvious that the China reporter from Global Times had been taken as a hostage because he was tied up against his will and the circumstance had escalated from rioting into a hostage situation.
The HK police should have fired many rubber bullets at the rioters to disperse them so that the police can bulldoze its ways through to save the hostage but the HK police didn't. The HK police have no capability and competency to save an innocent person. The HK police show that they don't know how to handle the situation and have inadequate training to assess the situation.
The HK police should have fired many rubber bullets at the rioters to disperse them so that the police can bulldoze its ways through to save the hostage but the HK police didn't. The HK police have no capability and competency to save an innocent person. The HK police show that they don't know how to handle the situation and have inadequate training to assess the situation.
Hong Leong Finance - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
02/28/19 | Lim & Tan | Hong Leong Finance | 2.71 | 0 | Buy | |
04/26/19 | Lim & Tan | Hong Leong Finance | 2.8 | 0 | Buy |
Hock Lian Seng - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
08/02/19 | Lim & Tan | Hock Lian Seng | 0.33 | 0 | Buy on weakness |
Ho Bee - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
02/26/19 | Lim & Tan | Ho Bee | 2.51 | 0 | Buy | |
03/28/19 | UOB Kay Hian | Ho Bee | 2.5 | 2.79 | Buy | RNAV (30% discount) |
04/01/19 | Lim & Tan | Ho Bee | 2.52 | 0 | Buy | |
06/28/19 | UOB Kay Hian | Ho Bee | 2.38 | 2.79 | Buy |
Stock calls for 14 August 2019
Date | Analyst | Company | Last | Target | Call | Valuation |
08/14/19 | Kim Eng | AEM | 1.09 | 1.4 | Buy | |
08/14/19 | DMG & Partners | Bumitama | 0.6 | 0.54 | Neutral | PER14x FY20 |
08/14/19 | Macquarie | Capitaland | 3.42 | 4.15 | Outperform | |
08/14/19 | CIMB | Comfortdelgro | 2.62 | 2.78 | Add | DCF |
08/14/19 | DMG & Partners | Comfortdelgro | 2.62 | 2.55 | Neutral | DCF |
08/14/19 | OCBC | Comfortdelgro | 2.62 | 2.91 | Hold | |
08/14/19 | phillip | Comfortdelgro | 2.62 | 2.99 | Accumulate | PER18.6x FY19 |
08/14/19 | UOB Kay Hian | Comfortdelgro | 2.62 | 2.95 | Buy | |
08/14/19 | DBS Vickers | Comfortdelgro | 2.62 | 2.59 | Hold | |
08/14/19 | DMG & Partners | Delfi | 1.24 | 1.68 | Buy | DCF, PER28x FY19 |
08/14/19 | Lim & Tan | Fu Yu | 0.215 | 0 | Buy | |
08/14/19 | DMG & Partners | Fu Yu | 0.215 | 0.24 | Buy | DCF |
08/14/19 | UOB Kay Hian | Fu Yu | 0.215 | 0.285 | Buy | |
08/14/19 | DMG & Partners | HRnetGroup | 0.66 | 0.94 | Buy | DCF |
08/14/19 | Lim & Tan | Innotek | 0.5 | 0 | Buy on weakness | |
08/14/19 | OCBC | Mapletree North Asia | 1.28 | 1.43 | Buy | |
08/14/19 | OCBC | Singtel | 3.18 | 3.61 | Buy | |
08/14/19 | DIR | Venture | 15.28 | 17.9 | Outperform | |
08/14/19 | OCBC | Venture | 15.28 | 18.42 | Buy | PER14x |
08/14/19 | DMG & Partners | Wilmar | 4.05 | 4.5 | Buy | Sum of parts |
08/14/19 | UOB Kay Hian | Wilmar | 4.05 | 4.5 | Buy | |
08/14/19 | OCBC | Yanlord | 1.13 | 1.68 | Buy |
The US will close 12,000 retailers in 2019.
https://finance.yahoo.com/news/25-retailers-already-announced-close-132806255.html
The US economy is deteriorating fast and furious because 12,000 retailers will close down in 2019. If 3 people are needed to manage a retail shop, there will be 36,000 retrenched people.
Trump's tariffs are expediting this shutdown.
The US economy is deteriorating fast and furious because 12,000 retailers will close down in 2019. If 3 people are needed to manage a retail shop, there will be 36,000 retrenched people.
Trump's tariffs are expediting this shutdown.
No frenzy buying in the stock markets after the US delays the China tariffs.
There isn't any frenzy buying in the stock market today after the US delays the China tariffs.
What does this show?
This shows that President Trump has completely lost his credibility because the current investors don't want to be trapped by his gambit. He may tweet again next week to slaughter the investors who buy into this euphoria. This uncertainty is holding back many investors.
Trump is losing his power to manipulate the stock markets now which is a piece of great news.
What does this show?
This shows that President Trump has completely lost his credibility because the current investors don't want to be trapped by his gambit. He may tweet again next week to slaughter the investors who buy into this euphoria. This uncertainty is holding back many investors.
Trump is losing his power to manipulate the stock markets now which is a piece of great news.
Tuesday, August 13, 2019
Trump has backed down from his tariffs in Sept 2019.
https://finance.yahoo.com/news/stock-market-news-august-13-2019-124507840.html
Trump has decided to defer his tariffs to December 2019 instead. Hahaha!
Didn't we tell you that Trump would back down!
http://sg-stock.blogspot.com/2019/08/trump-is-in-trouble-because-china-is-no.html
Trump has decided to defer his tariffs to December 2019 instead. Hahaha!
Didn't we tell you that Trump would back down!
http://sg-stock.blogspot.com/2019/08/trump-is-in-trouble-because-china-is-no.html
Hahaha! Trump shoves farm products down PM Abe's throat.
https://www.channelnewsasia.com/news/business/us-president-trump-asked-japan-pm-to-buy-farm-products-kyodo-11805390
PM Abe will lose his supporters if he agrees to US farm imports because most of his supporters are farmers too. The farm sector is a very sensitive topic in Japan.
PM Abe will lose his supporters if he agrees to US farm imports because most of his supporters are farmers too. The farm sector is a very sensitive topic in Japan.
HMI - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/23/19 | phillip | HMI | 0.540 | 0.77 | Buy | |
02/13/19 | UOB Kay Hian | HMI | 0.535 | 0.73 | Buy | DCF |
02/14/19 | phillip | HMI | 0.550 | 0.77 | Buy | DCF |
05/14/19 | Kim Eng | HMI | 0.540 | 0.68 | Buy | DCF, PER27x FY20 |
05/15/19 | phillip | HMI | 0.530 | 0.73 | Buy | DCF |
05/15/19 | CIMB | HMI | 0.530 | 0.68 | Add | DCF |
05/15/19 | UOB Kay Hian | HMI | 0.530 | 0.73 | Buy | DCF |
05/16/19 | Kim Eng | HMI | 0.545 | 0.66 | Buy | DCF |
06/18/19 | UOB Kay Hian | HMI | 0.635 | 0.73 | Buy | DCF |
07/08/19 | UOB Kay Hian | HMI | 0.660 | 0.73 | Accept offer | offer at $0.73 |
07/08/19 | Kim Eng | HMI | 0.660 | 0.66 | Hold | DCF, accept offer at $0.73 |
07/08/19 | CIMB | HMI | 0.660 | 0.68 | Add | offer at $0.73 |
07/09/19 | phillip | HMI | 0.720 | 0.73 | Accept offer | offer at $0.73 |
Hi-P - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/08/19 | Kim Eng | Hi-P | 0.965 | 0.68 | Sell | PB0.8x |
02/22/19 | DBS Vickers | Hi-P | 1.05 | 1.12 | Hold | PER10x FY19 |
02/25/19 | Kim Eng | Hi-P | 1.14 | 1.22 | Hold | PB1.5x |
03/13/19 | Lim & Tan | Hi-P | 1.75 | 0 | Avoid | overvalued |
04/09/19 | Kim Eng | Hi-P | 1.63 | 1.22 | Sell | PB1.5x FY19 |
05/06/19 | DBS Vickers | Hi-P | 1.44 | 1.41 | Hold | PER12x FY19 |
05/06/19 | Kim Eng | Hi-P | 1.44 | 1.22 | Sell | PB1.5x FY19 |
06/11/19 | Kim Eng | Hi-P | 1.29 | 1.22 | Hold | PB1.5x FY19 |
07/19/19 | DBS Vickers | Hi-P | 1.43 | 1.41 | Hold | PER12x FY19 |
08/05/19 | DBS Vickers | Hi-P | 1.34 | 1.32 | Hold | PER12x FY20 |
Haw Par - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
02/28/19 | Lim & Tan | Haw Par | 12.39 | 0 | Buy |
Stock calls for 13 August 2019
Date | Analyst | Company | Last | Target | Call | Valuation |
08/13/19 | CIMB | APAC Realty | 0.51 | 0.6 | Add | PER10x FY20 |
08/13/19 | CIMB | CEI | 0.985 | 0.9 | Hold | PER10x FY20 |
08/13/19 | phillip | China Aviation Oil | 1.18 | 1.52 | Buy | PER10.5x FY20 |
08/13/19 | DMG & Partners | China Aviation Oil | 1.18 | 1.5 | Buy | Sum of parts |
08/13/19 | DBS Vickers | China Aviation Oil | 1.18 | 1.85 | Buy | |
08/13/19 | OCBC | City Developments | 9.04 | 10.68 | Buy | |
08/13/19 | DMG & Partners | City Developments | 9.04 | 9.2 | Neutral | RNAV (40% discount) |
08/13/19 | DBS Vickers | City Developments | 9.04 | 11 | Buy | RNAV (30% discount) |
08/13/19 | CIMB | Dairy Farm | 6.98 | 7.29 | Hold | |
08/13/19 | CIMB | First Reit | 1.06 | 1.23 | Add | |
08/13/19 | DMG & Partners | Food Empire | 0.525 | 0.73 | Buy | PER13x FY19 |
08/13/19 | DBS Vickers | Frencken | 0.66 | 0.8 | Buy | |
08/13/19 | CIMB | Frencken | 0.66 | 0.9 | Add | |
08/13/19 | DMG & Partners | Frencken | 0.66 | 0.82 | Buy | DCF |
08/13/19 | DBS Vickers | Frencken | 0.66 | 0.8 | Buy | PER8.5x |
08/13/19 | DMG & Partners | Kimly | 0.235 | 0.23 | Neutral | DCF |
08/13/19 | DBS Vickers | Riverstone | 0.9 | 1.16 | Buy | PER14.5x FY20 |
08/13/19 | CIMB | Sasseur | 0.805 | 0.94 | Add | DDM |
08/13/19 | Kim Eng | Sheng Siong | 1.18 | 0.96 | Sell | DCF |
08/13/19 | DBS Vickers | SIIC | 0.235 | 0.265 | Hold | |
08/13/19 | Phillip | Singtel | 3.26 | 3.45 | Accumulate | Sum of parts |
08/13/19 | DMG & Partners | Singtel | 3.26 | 3.4 | Neutral | Sum of parts |
08/13/19 | CIMB | Singtel | 3.26 | 3.6 | Add | Sum of parts |
08/13/19 | UOB Kay Hian | Singtel | 3.26 | 3.32 | Hold | |
08/13/19 | DBS Vickers | Singtel | 3.26 | 3.25 | Hold | EV/Ebitda6.3x |
08/13/19 | CIMB | Starhub | 1.45 | 1.65 | Hold | DCF |
08/13/19 | OCBC | UOL | 7.2 | 8.5 | Buy | |
08/13/19 | DBS Vickers | UOL | 7.2 | 8.53 | Buy | PB0.8x |
08/13/19 | Lim & Tan | UOL | 7.2 | 0 | Buy on weakness | |
08/13/19 | Kim Eng | Venture | 14.76 | 18.88 | Buy | Roe-g/Coe-g, PB2.2x FY19 |
08/13/19 | DMG & Partners | Venture | 14.76 | 16.3 | Buy | PER13x FY19 |
08/13/19 | CIMB | Venture | 14.76 | 16.28 | Add | PER12,5x |
08/13/19 | UOB Kay Hian | Venture | 14.76 | 17.7 | Buy | |
08/13/19 | DBS Vickers | Venture | 14.76 | 18.6 | Buy | PER13.7x FY20 |
08/13/19 | Lim & Tan | Venture | 14.76 | 0 | Hold | |
08/13/19 | CIMB | Yangzijiang | 1.04 | 1.61 | Hold | Sum of parts |
The US police are doing violent crackdowns on US protestors!
https://sg.finance.yahoo.com/news/portland-oregon-braces-far-rally-050932238.html
Hey! Where's the human rights group?
Where is democracy in the US?
A violent crackdown on US protestors is unacceptable and is the work of a thuggish regime!
Hey! Where's the human rights group?
Where is democracy in the US?
A violent crackdown on US protestors is unacceptable and is the work of a thuggish regime!
Mahathir skins SG again after attending our National Day Parade.
https://sg.finance.yahoo.com/news/malaysia-develop-480-mln-oil-072309235.html
Mahathir wants to destroy our oil trading hub.
Let's recap what he's done insofar.
http://sg-stock.blogspot.com/2019/07/mahathir-is-skinning-singapore-again.html
http://sg-stock.blogspot.com/2019/04/here-we-go-again-mahathir-is-at-it-again.html
http://sg-stock.blogspot.com/2019/01/singapore-ah-bengs-ranting-about.html
Mahathir wants to destroy our oil trading hub.
Let's recap what he's done insofar.
http://sg-stock.blogspot.com/2019/07/mahathir-is-skinning-singapore-again.html
http://sg-stock.blogspot.com/2019/04/here-we-go-again-mahathir-is-at-it-again.html
http://sg-stock.blogspot.com/2019/01/singapore-ah-bengs-ranting-about.html
Singapore government has revised down SG GDP growth by close to 100%.
https://sg.finance.yahoo.com/news/singapore-cuts-growth-outlook-trade-war-bites-052350837--finance.html
Omg! SG government revises down our GDP growth tremendously (a complete wipeout). Financially speaking, it will be a total loss.
How did SG end up having to cut its forecast by such a big margin? This was because our government had underestimated the US-China trade war since PM Lee thought that China would lose and bend over. However, we disagreed with PM Lee in our post below.
http://sg-stock.blogspot.com/2019/05/pm-lee-has-made-judgment-error-on-china.html
Omg! SG government revises down our GDP growth tremendously (a complete wipeout). Financially speaking, it will be a total loss.
How did SG end up having to cut its forecast by such a big margin? This was because our government had underestimated the US-China trade war since PM Lee thought that China would lose and bend over. However, we disagreed with PM Lee in our post below.
http://sg-stock.blogspot.com/2019/05/pm-lee-has-made-judgment-error-on-china.html
Omg! Argentina is going into bankruptcy again!
https://finance.yahoo.com/news/markets-set-sell-off-argentina-030759260.html
The investors who bought the Argentinian 100-year bonds are going to suffer heavy losses.
https://qz.com/1686230/argentinas-100-year-bonds-dive-on-primary-election-shock/?utm_source=YPL&yptr=yahoo
What are the world crises now?
US-China trade war
Brexit
Japan-Korea trade war
India-Pakistan (Kashmir) military war
Iran sanction
Venezuela sanction
HK protests
North Korea
The investors who bought the Argentinian 100-year bonds are going to suffer heavy losses.
https://qz.com/1686230/argentinas-100-year-bonds-dive-on-primary-election-shock/?utm_source=YPL&yptr=yahoo
What are the world crises now?
US-China trade war
Brexit
Japan-Korea trade war
India-Pakistan (Kashmir) military war
Iran sanction
Venezuela sanction
HK protests
North Korea
Hong Kong protestors are back at the airport and hospital.
Passengers are stuck at the airport because their flights are cancelled today.
https://www.channelnewsasia.com/news/asia/hong-kong-airport-reopens-flights-cancelled-protests-11803916
The protestors also occupy the hospital now.
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