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.

India is in cahoots with the axis of calumny but its fabrication is being torn apart now!

India proclaimed that it had recovered some fallen PL-15E missile which was intact and would analyze it with some western powers (axis of calumny).

Who are the axis of calumny?

Australia, France, UK, Japan and USA!

These countries knew that the so called recovered "PL-15E" missile was a fake but they were willing to coordinate with India to fabricate this big lie on the international stage.

Let's take a look at the fake PL-15E that was recovered by India.

The real length of PL-15E is around 4m but the fake PL-15E looks much shorter and smaller too.  Furthermore, the fake PL-15E design doesn't correspond with the real PL-15E.

Let's take a look at the real PL-15E now.

When we compare the fake and real PL-15E pictures, we can tell that they're different in size and design.

In order to determine the veracity of our visual inspections, we will use Alibaba AI (Qwen) to analyze the fake PL-15E picture.

In our first prompt, we asked Qwen to estimate the length of the missile depicted on the picture.  After analyzing the picture, Qwen estimated the length to be around 1.5m which was way shorter than the real PL-15E (around 4m).

In our next prompt, we asked Qwen to identify the missile and it determined the missile to be a type of man-portable air defence system (MANPADS) which was completely different from the real PL-15E.

India and the axis of calumny are so busted by AI technology now.  We are glad that we can debunk the lie by using the AI technology.  Cheers!

Golden Agri - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/12/24	DMG & Partners	Golden Agri	0.265	0.26	Neutral	Sum of parts
08/14/24	DMG & Partners	Golden Agri	0.265	0.25	Neutral	Sum of parts
08/15/24	OCBC	Golden Agri	0.27	0.27	Hold
11/12/24	DMG & Partners	Golden Agri	0.285	0.3	Neutral	Sum of parts
11/15/24	DMG & Partners	Golden Agri	0.275	0.29	Neutral	Sum of parts