https://thebarentsobserver.com/en/2017/09/northern-sea-route-completely-ice-free-and-shipping-thrives
https://www.nextbigfuture.com/2017/10/china-wants-to-open-major-arctic-shipping-route.html
The northern sea route is completely ice free and shipping will start to thrive in the future. China has completed its studies on this new northern sea route and will begin to open this arctic shipping lane which will bypass the Strait of Malacca completely. This arctic sea lane will compete with South East Asia for shippers in the future. Therefore, Thailand, Malaysia and Singapore will be greatly affected economically due to lesser shipping businesses.
Once the opportunity is gone, it is lost forever. China's interest in the Kra Canal has diminished and Thailand has lost many golden decades in the future for not developing its Kra Canal which can transform Thailand into the Panama of South East Asia. Consequently, this Kra Canal development is no longer feasible due to climate change as there is a cheaper way to bypass the Strait of Malacca now.
China is definitely gladdened to see the emergence of this Arctic sea lane because it no longer feels threatened by a single sea lane that passes through Strait of Malacca.
The biggest loser is Thailand because of its failure to recognize the opportunity to transform itself into the Panama of South East Asia. This mistake will cost Thailand billions of economic losses in the future.
We did report on this Arctic sea lane in our previous post.
http://sg-stock.blogspot.sg/2017/04/new-arctic-shipping-route.html
Monday, November 20, 2017
Is Japan food safe for consumption? - part 2
Japan food is still not safe for consumption as stated by USA FDA on 29 Sep 2017 because FDA will detain food products from Japan without inspection.
However, SG is importing a lot of Japan food.
http://sg-stock.blogspot.sg/2016/11/is-japan-food-safe-for-consumption.html
Sunday, November 19, 2017
China has replaced Singapore with Philippines as the facilitator between China and ASEAN.
Philippines knew what Trump was up to with this ASEAN visit. Therefore, the Philippines protested against Trump prior to his visitation.
http://www.thesundaily.my/news/2017/11/12/philippine-protest-ahead-summit
China Premier stayed behind in the Philippines after the ASEAN summit to discuss and sign 14 agreements between China & Philippines. Furthermore, Philippines had proposed to China that it's willing to be the facilitator between China and ASEAN. However, this point was not highlighted in the news but caught the attention of some news channel. I learnt about this from some Chinese media channel. Therefore, we can foresee that the Philippines will play a more proactive role in forging the bridge between China and ASEAN and Singapore will lose its importance over time in ASEAN.
https://thediplomat.com/2017/11/chinese-premier-china-philippines-relations-as-warm-as-manilas-weather/
http://www.philstar.com/headlines/2017/11/15/1759226/14-agreements-between-china-and-philippines-signed
No wonder Duterte rejected Trump as the mediator in South China Sea because the Philippines wanted to be the ASEAN facilitator.
http://sg-stock.blogspot.sg/2017/11/trump-offered-to-mediate-on-south-china.html
China and Philippines are the biggest winners for this ASEAN summit as China has settled the South China Sea issue with Philippines and Vietnam.
http://www.thesundaily.my/news/2017/11/12/philippine-protest-ahead-summit
China Premier stayed behind in the Philippines after the ASEAN summit to discuss and sign 14 agreements between China & Philippines. Furthermore, Philippines had proposed to China that it's willing to be the facilitator between China and ASEAN. However, this point was not highlighted in the news but caught the attention of some news channel. I learnt about this from some Chinese media channel. Therefore, we can foresee that the Philippines will play a more proactive role in forging the bridge between China and ASEAN and Singapore will lose its importance over time in ASEAN.
https://thediplomat.com/2017/11/chinese-premier-china-philippines-relations-as-warm-as-manilas-weather/
http://www.philstar.com/headlines/2017/11/15/1759226/14-agreements-between-china-and-philippines-signed
No wonder Duterte rejected Trump as the mediator in South China Sea because the Philippines wanted to be the ASEAN facilitator.
http://sg-stock.blogspot.sg/2017/11/trump-offered-to-mediate-on-south-china.html
China and Philippines are the biggest winners for this ASEAN summit as China has settled the South China Sea issue with Philippines and Vietnam.
Sigh! USA destroyer collided in Japan sea. This is the 5th time this year.
http://abcnews.go.com/US/us-warship-collides-japanese-tug-boat-latest-mishap/story?id=51242298
The USA destroyer is very good at causing damages to commercial vessels.
I think the USA destroyer is built for destroying commercial vessels, not other military vessels as proclaimed.
It had collided with a container ship, oil tanker, tug boat, etc.
Well done!
The USA destroyer is very good at causing damages to commercial vessels.
I think the USA destroyer is built for destroying commercial vessels, not other military vessels as proclaimed.
It had collided with a container ship, oil tanker, tug boat, etc.
Well done!
Avi-Tech - Stock calls
02/09/17 | Lim & Tan | Avi-Tech | 0.335 | 0 | Buy | |
03/29/17 | DMG & Partners | Avi-Tech | 0.4 | 0.52 | Buy | DCF, PER5.7x FY18, Ex-cash |
05/15/17 | DMG & Partners | Avi-Tech | 0.44 | 0.52 | Buy | DCF |
08/07/17 | DMG & Partners | Avi-Tech | 0.51 | 0.52 | Buy | |
08/21/17 | DMG & Partners | Avi-Tech | 0.47 | 0.59 | Buy | DCF, PER12x FY18 |
08/21/17 | Lim & Tan | Avi-Tech | 0.47 | 0 | Buy | |
11/14/17 | DMG & Partners | Avi-Tech | 0.525 | 0.59 | Buy | DCF, PER12x FY18 |
Auric Pacific - Stock calls.
11/10/16 | CIMB | Auric Pacific | 1.18 | 1.96 | Add | Sum of parts (25% discount), Up from $1.69 |
12/06/16 | CIMB | Auric Pacific | 1.38 | 1.96 | Add | |
02/08/17 | CIMB | Auric Pacific | 1.65 | 1.96 | Add | Sum of parts (25% discount), PER10.9x FY16, Reject $1.65 offer |
Saturday, November 18, 2017
Baltic dry index - 1371
Today, Friday, November 17 2017, the Baltic Dry Index climbed by 10 points, reaching 1371 points.
Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.
==========================
Related stocks: Sembcorp Marine, Cosco & Pan Ocean.
US rig count - 915
HOUSTON (AP) - The number of rigs exploring for oil and natural gas in the U.S. increased by eight this week to 915.
That's up from the 588 rigs that were active a year ago.
Houston oilfield services company Baker Hughes said Friday that 738 rigs sought oil and 177 explored for natural gas this week.
Among major oil- and gas-producing states, Texas gained seven rigs, Louisiana added four and Ohio and Utah were up one apiece.
Alaska, Colorado, New Mexico, North Dakota, Oklahoma and Wyoming declined by one each.
Arkansas, California, Pennsylvania and West Virginia were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May of 2016 at 404.
===========================
Related stocks: Keppel Corp, Sembcorp Marine & Cosco
Friday, November 17, 2017
China has responded finally to Singapore invitation to part take in the HSR tender.
https://www.channelnewsasia.com/news/singapore/china-gears-up-to-woo-singapore-in-bid-for-high-speed-rail-9415766
Look like our PM Lee's visit to China has paid off. China has reciprocated by responding to SG's invitation albeit much later than Japan (August 2017). This is a goodwill gesture by China.
http://sg-stock.blogspot.sg/2017/09/why-is-china-so-blase-about-singapore.html
http://www.channelnewsasia.com/news/singapore/japan-courts-singapore-in-bid-for-high-speed-rail-project-to-kl-9163550#cxrecs_s
Look like our PM Lee's visit to China has paid off. China has reciprocated by responding to SG's invitation albeit much later than Japan (August 2017). This is a goodwill gesture by China.
http://sg-stock.blogspot.sg/2017/09/why-is-china-so-blase-about-singapore.html
http://www.channelnewsasia.com/news/singapore/japan-courts-singapore-in-bid-for-high-speed-rail-project-to-kl-9163550#cxrecs_s
Saudi Arab has a huge budget deficit that it is trying to fill.
https://sg.finance.yahoo.com/news/saudi-officials-reportedly-offer-freedom-095000659.html
Saudi's national budget is based on around USD$80 oil but the oil prices have been hovering at around USD$55 now. Therefore, there is a significant shortfall in the budget.
How is Saudi going to make up for the shortfall?
By imposing a 70% confiscation of wealth on the arrested parties.
Saudi's national budget is based on around USD$80 oil but the oil prices have been hovering at around USD$55 now. Therefore, there is a significant shortfall in the budget.
How is Saudi going to make up for the shortfall?
By imposing a 70% confiscation of wealth on the arrested parties.
Fitch downgraded Noble Group after DBS dumped Noble.
https://sg.finance.yahoo.com/news/fitch-lowers-noble-group-rating-says-default-appears-095447764--finance.html
Default risk is definitely much higher than before now especially when more banks start to dump Noble.
Default risk is definitely much higher than before now especially when more banks start to dump Noble.
Aspen - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
09/29/17 | CIMB | Aspen | 0.23 | 0.29 | Add | |
10/20/17 | DMG & Partners | Aspen | 0.22 | 0.31 | Buy | RNAV (45% discount) |
11/14/17 | CIMB | Aspen | 0.22 | 0.29 | Add | RNAV (45% discount) |
Asiaphos - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
03/18/16 | NRA | Asiaphos | 0.089 | 0.225 | Overweight | PB2.3x FY15 |
05/09/16 | NRA | Asiaphos | 0.092 | 0.225 | Overweight | Sum of parts |
08/16/16 | NRA | Asiaphos | 0.088 | 0.195 | Overweight | |
11/15/16 | NRA | Asiaphos | 0.082 | 0.195 | Overweight | |
09/14/17 | NRA | Asiaphos | 0.095 | 0.167 | Overweight |
Stock calls for 17 November 2017
Date | Analyst | Company | Last | Target | Call | Valuation |
11/17/17 | Lim & Tan | Capitaland | 3.53 | 0 | Buy | |
11/17/17 | phillip | China Everbright | 0.445 | 0.59 | Buy | PER17.4x FY18 |
11/17/17 | Kim Eng | Guocoland | 2.19 | 2.9 | Buy | |
11/17/17 | Kim Eng | Ho Bee | 2.53 | 3 | Buy | |
11/17/17 | CIMB | Keppel Corp | 7.28 | 8.58 | Add | |
11/17/17 | DBS Vickers | Mermaid Maritime | 0.138 | 0.14 | Hold | PB0.6x |
11/17/17 | Phillip | RE & S | 0.22 | 0 | Subscribe | IPO |
Singapore non-oil domestic exports (NODX) - Part 7
http://www.businesstimes.com.sg/government-economy/quick-takes-singapores-export-rebound-could-mask-slowing-electronics-output
Year on year changes:
https://sg-stock.blogspot.sg/2017/10/singapore-non-oil-domestic-exports-nodx.html
Year on year changes:
October 2017: 20.9%
September 2017: -1.1%
August 2017: 16.7%
July 2017: 8.5%
June 2017: 8.2%
May 2017: -1.2%
Apr 2017: -0.7%
Mar 2017: 16.5%
Feb 2017: 21.1%
Jan 2017: 8.6%
Dec 2016: 9.1%
Nov 2016: 15.6%
May 2017: -1.2%
Apr 2017: -0.7%
Mar 2017: 16.5%
Feb 2017: 21.1%
Jan 2017: 8.6%
Dec 2016: 9.1%
Nov 2016: 15.6%
Chinese bike-sharing firm has gone bankrupt.
http://en.people.cn/n3/2017/1116/c90000-9293509.html
This is not surprising even though China has 1.4B people because the shared bike business model is a flawed concept.
We reported this before.
https://sg-stock.blogspot.sg/2017/08/shared-bikes-business-model-is-flawed.html
This is not surprising even though China has 1.4B people because the shared bike business model is a flawed concept.
We reported this before.
https://sg-stock.blogspot.sg/2017/08/shared-bikes-business-model-is-flawed.html
Thursday, November 16, 2017
Ascendas India Trust - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/08/16 | DBS Vickers | Ascendas India Trust | 0.87 | 0.9 | Hold | DDM |
01/25/16 | DBS Vickers | Ascendas India Trust | 0.765 | 0.91 | Buy | DDM |
03/21/16 | DBS Vickers | Ascendas India Trust | 0.845 | 1.03 | Buy | DDM |
04/28/16 | DBS Vickers | Ascendas India Trust | 0.935 | 1.02 | Buy | |
07/25/16 | DBS Vickers | Ascendas India Trust | 1 | 1.06 | Buy | |
07/29/16 | DBS Vickers | Ascendas India Trust | 1.02 | 1.07 | Buy | |
08/16/16 | DBS Vickers | Ascendas India Trust | 1.075 | 1.07 | Buy | |
10/26/16 | DBS Vickers | Ascendas India Trust | 1.075 | 1.13 | Buy | DDM |
01/09/17 | DBS Vickers | Ascendas India Trust | 1.025 | 1.13 | Buy | DDM |
02/01/17 | DBS Vickers | Ascendas India Trust | 1.05 | 1.12 | Buy | DDM |
02/01/17 | Lim & Tan | Ascendas India Trust | 1.05 | 0 | Hold | |
04/27/17 | DBS Vickers | Ascendas India Trust | 1.135 | 1.2 | Buy | DDM |
07/25/17 | DBS Vickers | Ascendas India Trust | 1.16 | 1.15 | Hold | DDM |
10/26/17 | DBS Vickers | Ascendas India Trust | 1.145 | 1.15 | Hold | DDM |
Ascendas Hospitality Trust - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/08/16 | DBS Vickers | Ascendas Hospitality Trust | 0.75 | 0.77 | Buy | DCF FY17 |
04/06/16 | DBS Vickers | Ascendas Hospitality Trust | 0.765 | 0.77 | Hold | DCF |
04/06/16 | Lim & Tan | Ascendas Hospitality Trust | 0.765 | 0 | Trading Sell | |
05/13/16 | DBS Vickers | Ascendas Hospitality Trust | 0.69 | 0.8 | Buy | |
08/12/16 | DBS Vickers | Ascendas Hospitality Trust | 0.735 | 0.8 | Buy | |
10/18/16 | DBS Vickers | Ascendas Hospitality Trust | 0.73 | 0.8 | Buy | |
11/10/16 | DBS Vickers | Ascendas Hospitality Trust | 0.735 | 0.84 | Buy | DCF FY18 |
01/09/17 | DBS Vickers | Ascendas Hospitality Trust | 0.715 | 0.84 | Buy | DCF |
06/19/17 | DBS Vickers | Ascendas Hospitality Trust | 0.81 | 0.88 | Buy | DCF |
Stock calls for 16 November 2017
Date | Analyst | Company | Last | Target | Call | Valuation |
11/16/17 | CIMB | Mermaid Maritime | 0.138 | 0.14 | Reduce | PB0.4x CY17 |
11/16/17 | DBS Vickers | Procurri | 0.235 | 0.18 | Fully Valued | RNAV (6% discount) |
11/16/17 | DBS Vickers | Religare Health Trust | 0.895 | 0.85 | Hold | DDM, Offer $0.90 |
11/16/17 | CIMB | Religare Health Trust | 0.895 | 0.92 | Hold | DDM, PB1.08x |
11/16/17 | OCBC | Singapore Myanmar | 0.45 | 0.665 | Buy | PER16x FY19 |
11/16/17 | DBS Vickers | Singapore Post | 1.28 | 1.23 | Hold | DCF |
11/16/17 | Kim Eng | Singapore Post | 1.28 | 1.5 | Buy | DCF |
11/16/17 | UOB Kay Hian | Singapore Post | 1.28 | 1.34 | Hold | Sum of parts, Buy @ $1.20 |
11/16/17 | CIMB | Singapore Post | 1.28 | 1.28 | Hold | DCF |
11/16/17 | OCBC | Singapore Post | 1.28 | 1.26 | Hold | |
11/16/17 | Lim & Tan | Singtel | 3.69 | 0 | Buy | |
11/16/17 | DMG & Partners | Spackman | 0.112 | 0.2 | Buy | DCF, PER15x FY18 |
11/16/17 | DBS Vickers | Wilmar | 3.22 | 3.5 | Hold | DCF, PER15x FY18 |
Hong Kong security is getting worse. Stay away from South Asians in HK.
Please stay away from South Asians in Hong Kong because they're getting bolder and no longer respect the laws. Many of them have joined the HK triads. The South Asians are Pakistani, Indian and Bangladeshi.
This drunk Pakistani pushed a female cleaner down the MRT platform.
Just look at this South Asian who robbed a jewellery shop in daylight with a hammer.
3 South Asians fought with elderly Hongkongers in the MRT.
http://www.thestandard.com.hk/section-news.php?id=188650&sid=4
Oct 2017 News
http://www.thestandard.com.hk/section-news.php?id=188650&sid=4
Oct 2017 News
Quote:
According to the police, 13 men - 10 South Asians and three Hong Kong Chinese - burst into the B&B Mongkok Hotel on the 16th floor of Kingland Apartments on Nathan Road shortly before 1am yesterday.
Two South Asians then knocked on the door of two mainlanders staying in the guesthouse and rushed in when the door was opened.
They slapped and manhandled the two men before leaving with a backpack containing HK$2.3 million in cash and an iPhone worth HK$8,000.
End Quote.
Trump offered to mediate on South China Sea issue but Duterte slapped him in the face.
http://www.khmertimeskh.com/5090214/trump-offers-mediate-south-china-sea/
Duterte rejected Trump's offer outright because he knew the ulterior motive of Trump. Trump is not really genuine in mediating the South China Sea issue and he just wants to stir more troubles in South China Sea for USA political interest.
Duterte saw through Trump's ruse immediately because the USA would create troubles wherever it was involved and the Middle East was a superb example.
Duterte rejected Trump's offer outright because he knew the ulterior motive of Trump. Trump is not really genuine in mediating the South China Sea issue and he just wants to stir more troubles in South China Sea for USA political interest.
Duterte saw through Trump's ruse immediately because the USA would create troubles wherever it was involved and the Middle East was a superb example.
A pensive man who is critical about our SMRT and GOVERNMENT.
However, I know that our Minister Khaw, Malay reserved President and SMRT top management won't step down. As long as Singaporeans support the one-party system in Singapore, we can NEVER boot out the incompetent "elitists".
Wednesday, November 15, 2017
Ascott Residence Trust (ART) - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
01/04/16 | UOB Kay Hian | ART | 1.185 | 1.39 | Buy | |
01/08/16 | DBS Vickers | ART | 1.15 | 1.33 | Buy | DCF |
01/26/16 | Lim & Tan | ART | 1.1 | 0 | Buy | |
01/26/16 | OCBC | ART | 1.1 | 1.28 | Buy | |
01/27/16 | CIMB | ART | 1.115 | 1.19 | Hold | DDM |
01/27/16 | DIR | ART | 1.115 | 1.28 | Outperform | DDM |
03/10/16 | OCBC | ART | 1.13 | 1.28 | Buy | |
03/15/16 | CIMB | ART | 1.13 | 1.19 | Hold | DDM |
03/15/16 | DBS Vickers | ART | 1.13 | 1.33 | Buy | |
03/15/16 | DIR | ART | 1.13 | 1.21 | Outperform | DDM |
03/15/16 | Lim & Tan | ART | 1.13 | 0 | Buy on weakness | |
03/16/16 | OCBC | ART | 1.075 | 1.29 | Buy | |
03/16/16 | UOB Kay Hian | ART | 1.075 | 1.39 | Buy | DDM |
04/12/16 | OCBC | ART | 1.1 | 1.29 | Buy | |
04/13/16 | DBS Vickers | ART | 1.11 | 1.33 | Buy | |
04/18/16 | CIMB | ART | 1.125 | 1.14 | Hold | |
04/18/16 | DBS Vickers | ART | 1.125 | 1.28 | Buy | |
04/18/16 | UOB Kay Hian | ART | 1.125 | 1.36 | Buy | |
05/03/16 | UOB Kay Hian | ART | 1.135 | 1.36 | Buy | |
05/18/16 | OCBC | ART | 1.125 | 1.29 | Buy | |
06/14/16 | CIMB | ART | 1.125 | 1.14 | Hold | |
06/17/16 | UOB Kay Hian | ART | 1.11 | 1.36 | Buy | |
06/22/16 | OCBC | ART | 1.115 | 1.29 | Buy | |
06/29/16 | CIMB | ART | 1.09 | 1.16 | Hold | DDM |
07/13/16 | Lim & Tan | ART | 1.12 | 0 | Buy | |
07/14/16 | UOB Kay Hian | ART | 1.13 | 1.36 | Buy | |
07/18/16 | UOB Kay Hian | ART | 1.135 | 1.39 | Buy | |
07/20/16 | OCBC | ART | 1.135 | 1.29 | Buy | |
07/21/16 | DBS Vickers | ART | 1.145 | 1.31 | Buy | |
07/21/16 | DIR | ART | 1.145 | 1.24 | Outperform | DDM |
07/21/16 | OCBC | ART | 1.145 | 1.24 | Buy | |
07/21/16 | Religare | ART | 1.145 | 1.22 | Hold | |
07/21/16 | UOB Kay Hian | ART | 1.145 | 1.37 | Buy | DDM |
07/22/16 | CIMB | ART | 1.16 | 1.18 | Hold | DDM |
07/22/16 | Credit Suisse | ART | 1.16 | 1.23 | Neutral | |
08/01/16 | UOB Kay Hian | ART | 1.13 | 1.37 | Buy | |
08/04/16 | DIR | ART | 1.125 | 1.24 | Outperform | |
08/16/16 | DBS Vickers | ART | 1.15 | 1.31 | Buy | |
08/29/16 | OCBC | ART | 1.145 | 1.24 | Buy | |
08/31/16 | Credit Suisse | ART | 1.135 | 1.23 | Neutral | |
09/15/16 | DIR | ART | 1.135 | 1.24 | Outperform | DDM |
10/05/16 | UOB Kay Hian | ART | 1.145 | 1.37 | Buy | DDM |
10/06/16 | OCBC | ART | 1.145 | 1.24 | Buy | |
10/14/16 | DIR | ART | 1.14 | 1.24 | Outperform | DDM |
10/18/16 | DBS Vickers | ART | 1.14 | 1.31 | Buy | |
10/21/16 | CIMB | ART | 1.135 | 1.18 | Hold | DDM |
10/21/16 | DBS Vickers | ART | 1.135 | 1.32 | Buy | DCF |
11/21/16 | CIMB | ART | 1.135 | 1.11 | Hold | |
11/21/16 | OCBC | ART | 1.135 | 1.24 | Buy | |
12/09/16 | UOB Kay Hian | ART | 1.165 | 1.3 | Buy | |
12/16/16 | OCBC | ART | 1.155 | 1.24 | Buy | |
01/04/17 | OCBC | ART | 1.14 | 1.24 | Buy | |
01/04/17 | UOB Kay Hian | ART | 1.14 | 1.3 | Buy | DDM |
01/09/17 | DBS Vickers | ART | 1.16 | 1.32 | Buy | DCF |
01/18/17 | DIR | ART | 1.17 | 1.24 | Outperform | DDM |
01/24/17 | Lim & Tan | ART | 1.17 | 0 | Buy | |
01/25/17 | CIMB | ART | 1.185 | 1.14 | Hold | DDM |
01/25/17 | DBS Vickers | ART | 1.185 | 1.28 | Buy | DCF |
01/25/17 | OCBC | ART | 1.185 | 1.22 | Hold | |
01/31/17 | Credit Suisse | ART | 1.185 | 1.23 | Neutral | |
02/08/17 | DIR | ART | 1.14 | 1.24 | Outperform | DDM |
03/07/17 | Lim & Tan | ART | 1.17 | 0 | Hold | CR = 29 for 100 @ $0.919 |
03/07/17 | UOB Kay Hian | ART | 1.17 | 1.3 | Buy | |
03/08/17 | CIMB | ART | 1.13 | 1 | Reduce | DDM |
03/08/17 | Credit Suisse | ART | 1.13 | 1.11 | Neutral | |
03/08/17 | DIR | ART | 1.13 | 1.12 | Hold | DDM |
03/08/17 | OCBC | ART | 1.13 | 1.16 | Hold | Target $1.105 ex-rights 29-for-100 @ $0.919 |
03/08/17 | UOB Kay Hian | ART | 1.13 | 1.2 | Hold | DDM, Ex rights 29 for 100 $0.919 |
03/23/17 | OCBC | ART | 1.065 | 1.105 | Hold | |
04/06/17 | OCBC | ART | 1.1 | 1.05 | Hold | |
04/11/17 | UOB Kay Hian | ART | 1.09 | 1.2 | Hold | |
04/17/17 | OCBC | ART | 1.09 | 1.105 | Hold | |
04/18/17 | DIR | ART | 1.095 | 1.12 | Hold | |
04/24/17 | DBS Vickers | ART | 1.09 | 1.16 | Buy | DCF, Ex-Rights |
04/24/17 | DIR | ART | 1.09 | 1.08 | Hold | DDM |
04/24/17 | OCBC | ART | 1.09 | 1.09 | Hold | |
04/24/17 | UOB Kay Hian | ART | 1.09 | 1.15 | Hold | DDM, Buy @ $1 or below |
05/25/17 | UOB Kay Hian | ART | 1.12 | 1.17 | Hold | DDM, Buy @ $1 |
05/31/17 | Lim & Tan | ART | 1.125 | 0 | Buy | |
06/01/17 | CIMB | ART | 1.125 | 1.05 | Hold | DDM |
06/01/17 | DBS Vickers | ART | 1.125 | 1.16 | Buy | |
06/01/17 | OCBC | ART | 1.125 | 1.095 | Hold | |
07/04/17 | DBS Vickers | ART | 1.16 | 1.16 | Buy | |
07/04/17 | OCBC | ART | 1.16 | 1.095 | Hold | |
07/20/17 | Lim & Tan | ART | 1.175 | 0 | Sell | |
07/21/17 | CIMB | ART | 1.195 | 1.14 | Hold | DDM |
07/21/17 | DIR | ART | 1.195 | 1.12 | Hold | DDM |
07/21/17 | UOB Kay Hian | ART | 1.195 | 1.18 | Hold | DDM, Buy @ $1 |
07/24/17 | DBS Vickers | ART | 1.21 | 1.28 | Buy | DCF |
08/17/17 | DBS Vickers | ART | 1.18 | 1.28 | Buy | DCF |
09/29/17 | OCBC | ART | 1.18 | 1.1 | Hold | |
10/23/17 | UOB Kay Hian | ART | 1.215 | 1.18 | Hold | |
10/25/17 | OCBC | ART | 1.22 | 1.11 | Hold | |
10/25/17 | CIMB | ART | 1.22 | 1.16 | Hold | DDM |
10/25/17 | DBS Vickers | ART | 1.22 | 1.28 | Buy | DCF |
Asian Pay TV - Stock calls
02/24/16 | DBS Vickers | APTV | 0.63 | 0.62 | Hold | DCF |
02/24/16 | Lim & Tan | APTV | 0.63 | 0 | Hold | |
05/10/16 | Lim & Tan | APTV | 0.595 | 0 | Hold | |
05/11/16 | Amfrasers | APTV | 0.595 | 0.51 | Hold | EV/Ebitda9.7x FY16 |
04/21/17 | Phillip | APTV | 0.49 | 0.64 | Buy | DCF, EV/Ebitda10.7x |
05/16/17 | Phillip | APTV | 0.55 | 0.64 | Buy | DCF, EV/Ebitda10.7x |
05/17/17 | Amfrasers | APTV | 0.55 | 0.65 | Buy | DDM |
08/15/17 | Phillip | APTV | 0.58 | 0.64 | Buy | |
08/16/17 | Amfrasers | APTV | 0.58 | 0.6 | Buy | DDM |
11/14/17 | Phillip | APTV | 0.605 | 0.64 | Accumulate |
Stock calls for 15 November 2017
Date | Analyst | Company | Last | Target | Call | Valuation |
11/15/17 | DMG & Partners | Amara | 0.54 | 0.88 | Buy | PB0.65x |
11/15/17 | Kim Eng | Bumitama | 0.835 | 0.95 | Buy | PER14x FY17 |
11/15/17 | DMG & Partners | Bumitama | 0.835 | 0.95 | Buy | PER12x FY18 |
11/15/17 | UOB Kay Hian | Bumitama | 0.835 | 1.03 | Buy | PER13x FY18 |
11/15/17 | Credit Suisse | Bumitama | 0.835 | 1 | Outperform | |
11/15/17 | DMG & Partners | China Everbright | 0.45 | 0.54 | Buy | DCF |
11/15/17 | DMG & Partners | Delfi | 1.45 | 1.65 | Buy | DCF |
11/15/17 | DBS Vickers | First Resources | 1.93 | 2.18 | Buy | DCF, PER14.5x FY18 |
11/15/17 | UOB Kay Hian | First Resources | 1.93 | 1.95 | Hold | PER16x FY18, Buy @ $1.75 |
11/15/17 | Credit Suisse | First Resources | 1.93 | 2.3 | Neutral | |
11/15/17 | Amfrasers | Frencken | 0.54 | 0.66 | Buy | PER10x FY18 |
11/15/17 | UOB Kay Hian | Golden Agri | 0.39 | 0.34 | Hold | PER13x FY18, Buy @ $0.3 |
11/15/17 | OCBC | Golden Agri | 0.39 | 0.37 | Hold | |
11/15/17 | Credit Suisse | Golden Agri | 0.39 | 0.35 | Underperform | |
11/15/17 | CIMB | Golden Agri | 0.39 | 0.36 | Reduce | PER15x FY19 |
11/15/17 | CIMB | HMI | 0.715 | 0.83 | Add | DCF |
11/15/17 | phillip | HMI | 0.715 | 0.83 | Buy | DCF |
11/15/17 | UOB Kay Hian | HMI | 0.715 | 0.83 | Buy | DCF |
11/15/17 | Kim Eng | HMI | 0.715 | 0.8 | Buy | DCF |
11/15/17 | UOB Kay Hian | ISDN | 0.245 | 0.35 | Buy | |
11/15/17 | Amfrasers | Japan Foods | 0.43 | 0.53 | Buy | DCF |
11/15/17 | OCBC | KSH | 0.865 | 0.79 | Hold | |
11/15/17 | Lim & Tan | Singapore Post | 1.3 | 0 | Hold | |
11/15/17 | UOB Kay Hian | Wheelock Properties | 1.95 | 2.33 | Buy | RNAV (15% discount) |
11/15/17 | DBS Vickers | Yanlord | 1.74 | 2.25 | Buy | PER7.1x FY18 |
China has the fastest supercomputers for the fourth time in a row.
http://en.people.cn/n3/2017/1114/c90000-9292150.html
China took the first and 2nd spots in the fastest supercomputers in the world.
Great job, China!
China took the first and 2nd spots in the fastest supercomputers in the world.
Great job, China!
Dr Watson is the best medical AI.
https://www.technologyreview.com/s/607965/a-reality-check-for-ibms-ai-ambitions/
IBM's medical AI, Watson, can diagnose and provide at least 3 treatment plans for the patients. It is currently on trial in Taiwan and Japan.
Dr Watson is able to do much better than a medical doctor because it can analyze from its huge databases and prescribe the latest treatments and medicines whereby a medical doctor cannot.
This is really good news for the public.
IBM's medical AI, Watson, can diagnose and provide at least 3 treatment plans for the patients. It is currently on trial in Taiwan and Japan.
Dr Watson is able to do much better than a medical doctor because it can analyze from its huge databases and prescribe the latest treatments and medicines whereby a medical doctor cannot.
This is really good news for the public.
Hot news! SMRT collision!
https://sg.news.yahoo.com/23-injured-smrt-trains-collide-joo-koon-mrt-station-030029616.html
What happened to the safety feature? The train behind shouldn't move when there is an existing train in the station.
Who will the government blame this time? The top management is always getting away from the blame.
What happened to the safety feature? The train behind shouldn't move when there is an existing train in the station.
Who will the government blame this time? The top management is always getting away from the blame.
Tuesday, November 14, 2017
APAC Realty - Stock calls
Date | Analyst | Company | Last | Target | Call | Valuation |
09/25/17 | Lim & Tan | APAC Realty | 0.66 | 0 | Subscribe | IPO |
11/09/17 | DBS Vickers | APAC Realty | 0.89 | 1.03 | Buy | DCF & PER15x FY18 |
11/13/17 | DBS Vickers | APAC Realty | 0.905 | 1.12 | Buy | DCF & PER15x FY18 |
Subscribe to:
Posts (Atom)