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Monday, March 22, 2021

Comfortdelgro - Stock calls

Date

Analyst

Company

Last

Target

Call

Valuation

05/18/20

Kim Eng

Comfortdelgro

1.46

1.99

Buy

DCF

05/20/20

UOB Kay Hian

Comfortdelgro

1.56

1.82

Buy

PER16.7x FY21

05/20/20

Citi Research

Comfortdelgro

1.56

1.16

Sell


05/26/20

phillip

Comfortdelgro

1.54

1.5

Neutral

DCF

05/26/20

DMG & Partners

Comfortdelgro

1.54

1.45

Neutral

DCF

05/26/20

DBS Vickers

Comfortdelgro

1.54

1.5

Hold

PER15x FY20/21

05/26/20

Lim & Tan

Comfortdelgro

1.54

0

Hold


05/26/20

Kim Eng

Comfortdelgro

1.54

1.98

Buy

DCF

05/26/20

CIMB

Comfortdelgro

1.54

1.5

Hold


05/26/20

Citi Research

Comfortdelgro

1.54

1.12

Sell


06/01/20

DBS Vickers

Comfortdelgro

1.44

1.68

Buy

PER16.8x FY20/21

06/02/20

DMG & Partners

Comfortdelgro

1.43

1.65

Buy

DCF, PER15.5x FY21

06/29/20

Kim Eng

Comfortdelgro

1.52

1.98

Buy

DCF

06/29/20

Lim & Tan

Comfortdelgro

1.52

0

Hold


07/01/20

CIMB

Comfortdelgro

1.45

1.46

Hold

PER13.1x FY21

07/02/20

DMG & Partners

Comfortdelgro

1.48

1.65

Buy

DCF, PER16x FY21

07/03/20

DBS Vickers

Comfortdelgro

1.47

1.68

Buy


08/06/20

DMG & Partners

Comfortdelgro

1.39

1.65

Buy

DCF

08/07/20

DBS Vickers

Comfortdelgro

1.39

1.68

Buy


08/17/20

phillip

Comfortdelgro

1.39

1.65

Accumulate

DCF

08/17/20

UOB Kay Hian

Comfortdelgro

1.39

1.78

Buy

PER17.2x FY21

08/17/20

DBS Vickers

Comfortdelgro

1.39

1.63

Buy

PER15x FY21

08/17/20

DMG & Partners

Comfortdelgro

1.39

1.55

Buy

DCF, PER17.6x FY21

08/17/20

CIMB

Comfortdelgro

1.39

1.4

Hold


08/17/20

Kim Eng

Comfortdelgro

1.39

1.76

Buy

DCF

08/19/20

Lim & Tan

Comfortdelgro

1.41

0

Accumulate


08/27/20

Amfrasers

Comfortdelgro

1.46

1.63

Outperform


09/01/20

Kim Eng

Comfortdelgro

1.48

1.76

Buy

DCF

09/04/20

DBS Vickers

Comfortdelgro

1.51

1.96

Buy

PB1.6x FY21

09/21/20

CIMB

Comfortdelgro

1.48

1.7

Add

PER15.6x FY21

09/21/20

Citi Research

Comfortdelgro

1.48

1.8

Buy


09/22/20

Macquarie

Comfortdelgro

1.46

1.51

Neutral

PER15x FY21

09/22/20

UOB Kay Hian

Comfortdelgro

1.46

1.78

Buy


10/05/20

phillip

Comfortdelgro

1.42

1.65

Accumulate


10/07/20

DMG & Partners

Comfortdelgro

1.44

1.7

Buy

DCF

11/05/20

DMG & Partners

Comfortdelgro

1.39

1.7

Buy

PER17.7x FY21

11/12/20

DBS Vickers

Comfortdelgro

1.49

1.96

Buy

PB1.6x FY21

11/13/20

CIMB

Comfortdelgro

1.5

1.7

Add


11/13/20

Kim Eng

Comfortdelgro

1.5

1.76

Buy

DCF

11/13/20

UOB Kay Hian

Comfortdelgro

1.5

1.78

Buy


11/16/20

phillip

Comfortdelgro

1.54

1.83

Buy

DCF

11/24/20

OCBC

Comfortdelgro

1.65

2

Buy


12/07/20

DMG & Partners

Comfortdelgro

1.64

1.9

Buy

PER19x FY21

01/04/21

DBS Vickers

Comfortdelgro

1.67

1.96

Buy


01/05/21

phillip

Comfortdelgro

1.67

1.83

Buy


01/12/21

Kim Eng

Comfortdelgro

1.69

1.88

Buy

DCF

02/04/21

Kim Eng

Comfortdelgro

1.58

1.88

Buy

DCF

02/05/21

DMG & Partners

Comfortdelgro

1.59

1.9

Buy


02/11/21

CIMB

Comfortdelgro

1.58

1.7

Add


02/16/21

DBS Vickers

Comfortdelgro

1.58

1.99

Buy

PB1.5x FY21

02/16/21

UOB Kay Hian

Comfortdelgro

1.58

1.78

Buy


02/16/21

Citi Research

Comfortdelgro

1.58

1.8

Buy


02/16/21

Lim & Tan

Comfortdelgro

1.58

0

Accumulate


02/17/21

Macquarie

Comfortdelgro

1.57

1.7

Outperform

PER17x FY22

02/22/21

phillip

Comfortdelgro

1.58

1.83

Buy

DCF

03/08/21

CIMB

Comfortdelgro

1.61

1.7

Add


03/09/21

Kim Eng

Comfortdelgro

1.64

1.88

Buy

DCF

03/10/21

DMG & Partners

Comfortdelgro

1.7

1.9

Buy


03/11/21

UOB Kay Hian

Comfortdelgro

1.69

1.85

Buy


Stock calls for 22 March 2021

Date

Analyst

Company

Last

Target

Call

Valuation

03/22/21

DBS Vickers

A-Reit

3.08

4

Buy


03/22/21

Phillip

Capitaland Integrated Commercial Trust

2.18

2.5

Accumulate

DDM

03/22/21

Lim & Tan

Frasers Centrepoint Trust

2.56

0

Hold


03/22/21

CIMB

Frasers Centrepoint Trust

2.56

3.18

Add


03/22/21

UOB Kay Hian

Ifast Corp

5.83

7.96

Buy

DCF

Denmark is the latest country to report Astrazeneca's blood clotting.

https://www.channelnewsasia.com/news/world/denmark-astrazeneca-covid-19-vaccine-blood-clot-haemorrhage-died-14452168

One hospital staff had died from blood clotting.

Well, I believe these 2 blood clotting cases will have nothing to do with the AZ vaccine just like the earlier proclamation.

I've stated previously that I couldn't understand the medical logic between falling sick and getting vaccinated.


Therefore, please do your own due diligence.

Saturday, March 20, 2021

Is Quad Alliance serious in helping South East Asia (SEA)? No!

https://www.voanews.com/covid-19-pandemic/quad-aims-increase-vaccine-production-1-billion-doses-southeast-asia

The Quad Alliance (QA) aims to provide 1B vaccines to SEA by the end of 2022.  Really?

For those viewers who don't understand the QA, please read our previous posting below.


This is a pseudo goodwill gesture from QA because SEA will be vaccinated already before the end of 2022.  In fact, Singapore will be fully vaccinated by the end of 2021 because SG is preparing to open its international borders with vaccinated passports by the end of 2021.

Therefore, the 1B vaccines proposition is just some political propaganda to scam SEA governments.

We need to get real about what the QA is trying to do.  We also need to recognize that some countries are trying to take advantage of others.

For a start, China is the only country in the world that will bring Asia out of its doldrum with its economic growth.  Why did I say that?  Please take a look at the chart below.


China contributes about 27% of world economic growth but the US only contributes about 12% of global economic growth despite being the largest economy.  Why is this so?

This is because the US embarks on exploitative economic policies while China embarks on win-win economic policies with its trading partners.  There is nother way to explain this big difference in world economic contribution between the 1st and 2nd largest economies other than what I've suggested.  Two good examples to illustrate this point will be the RCEP and EU-China investment pact.

Baltic dry index - 2281

 

Related stock: Sembcorp Marine, Cosco & Pan ocean.

US rig count (weekly) - 411


 Related stock: Sembcorp Marine & Cosco.

Global rate hikes are coming! - Part 4

https://finance.yahoo.com/news/emerging-markets-russian-rouble-rises-113015004.html

Russia is the 3rd country to raise its rate this year after Brazil and Turkey.  I believe more countries will follow suit because inflation pressure is rising tremendously.  This hawkish stance will counter the dovish US stance and render the US policy less effective.

Friday, March 19, 2021

Former US AG was caught red-handed for fabricating China lies.

https://www.independent.co.uk/news/world/americas/us-politics/morning-joe-bill-barr-china-election-b1819293.html

This is not surprising as the US senators and officials are well-known liars.

Trump is a congenital liar and he will also employ liars to work for him.

Clearbridge - Stock calls

Date

Analyst

Company

Last

Target

Call

Valuation

08/31/20

phillip

Clearbridge

0.171

0.26

Buy

DCF