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Monday, October 21, 2024

Jumbo - Stock calls

Date

Analyst

Company

Last

Target

Call

Valuation

05/17/23

CIMB

Jumbo

0.29

0.4

Add

PER20x FY24

06/05/23

SAC Capital

Jumbo

0.285

0.42

Buy

PER15.4x & EV/Ebitda3.6x FY23

01/15/24

CIMB

Jumbo

0.285

0.36

Add

PER14x FY25

04/11/24

CIMB

Jumbo

0.255

0.36

Add

PER14x FY25

Stock calls for 21 October 2024

Date

Analyst

Company

Last

Target

Call

Valuation

10/21/24

DBS Vickers

Comfortdelgro

1.45

1.8

Buy


10/21/24

UOB Kay Hian

Keppel DC Reit

2.25

2.5

Buy

DDM

10/21/24

Phillip

Keppel DC Reit

2.25

2.16

Neutral

DDM

10/21/24

Lim & Tan

Keppel DC Reit

2.25

2.25

Hold


10/21/24

OCBC

Propnex

0.79

0.91

Buy


The US deficit has crossed $1.8T now!

2024 cumulative 3 quarters deficit: $1.83T 

It is pretty obvious that the US can't repay its debts after accumulating decades of deficits.  Do you still have faith in the USD?

Baltic dry index - 1576

Related stock: Seatrium, Cosco & Pan Ocean

We can see from the BDI that it is declining.  What does this mean? We can consider BDI as a sea freight index.  When the sea freight index drops, it means the cargo shipments are dropping and this usually denotes an economic slowdown since most of the world cargoes are shipped by containers ships.

US rig count (weekly) - 585

Related stock: Seatrium & Cosco.

Friday, October 18, 2024

Jiutian - Stock calls

Date

Analyst

Company

Last

Target

Call

Valuation

08/28/23

UOB Kay Hian

Jiutian

0.038

0.18

Buy


Jardine Matheson - Stock calls

Date

Analyst

Company

Last

Target

Call

Valuation

02/21/24

Citi Research

Jardine Matheson

43.73

40.5

Hold


03/11/24

Lim & Tan

Jardine Matheson

39.11

0

Accumulate


08/07/24

Citi Research

Jardine Matheson

34.65

40.5

Buy


Japfa - Stock calls

Date

Analyst

Company

Last

Target

Call

Valuation

08/03/23

CIMB

Japfa

0.22

0.2

Reduce


11/02/23

CIMB

Japfa

0.21

0.28

Add

PB0.5x FY24

03/05/24

CIMB

Japfa

0.21

0.26

Add


05/06/24

CIMB

Japfa

0.32

0.37

Add

PB

06/07/24

CIMB

Japfa

0.32

0.37

Add

PB

07/29/24

DBS Vickers

Japfa

0.33

0.45

Buy

PER6.5x FY25

08/02/24

CIMB

Japfa

0.335

0.43

Add

PB

08/20/24

DBS Vickers

Japfa

0.335

0.45

Buy

PER6.5x FY25

08/23/24

DBS Vickers

Japfa

0.345

0.49

Buy

PER6.5x FY25