Ascott Residence Trust (ART) - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/05/20	UOB Kay Hian	ART	0.86	1.16	Buy	DDM
05/08/20	Phillip	ART	0.86	1.17	Buy	DDM
06/01/20	DBS Vickers	ART	0.96	1.1	Buy
06/08/20	CIMB	ART	1.05	1.21	Add
06/08/20	UOB Kay Hian	ART	1.05	1.16	Buy
06/08/20	Phillip	ART	1.05	1.25	Buy
07/02/20	UOB Kay Hian	ART	1	1.16	Buy
07/03/20	DBS Vickers	ART	1.02	1.1	Buy	DCF, PB0.88x
07/14/20	Lim & Tan	ART	0.995	0	Neutral
07/21/20	CIMB	ART	0.955	1.06	Add
07/29/20	UOB Kay Hian	ART	0.895	0.98	Hold	DDM
07/29/20	Phillip	ART	0.895	1.08	Buy	DDM
07/29/20	Kim Eng	ART	0.895	1.05	Buy
07/29/20	CIMB	ART	0.895	1.08	Add
07/30/20	OCBC	ART	0.895	1.03	Buy
09/02/20	DBS Vickers	ART	0.895	1.1	Buy	DCF
09/02/20	OCBC	ART	0.895	1.03	Buy
09/14/20	Phillip	ART	0.915	1.08	Buy
10/02/20	CIMB	ART	0.89	1.05	Add
10/19/20	Phillip	ART	0.89	1.08	Buy
10/20/20	DBS Vickers	ART	0.885	1.1	Buy
11/02/20	Kim Eng	ART	0.83	1.05	Buy	DDM
11/02/20	UOB Kay Hian	ART	0.83	0.91	Hold	Buy @ $0.83
11/03/20	OCBC	ART	0.815	0.97	Buy
11/05/20	CIMB	ART	0.855	1.05	Add
11/12/20	DBS Vickers	ART	1	1.1	Buy
11/16/20	OCBC	ART	0.98	1.2	Buy
11/23/20	Phillip	ART	0.995	1.08	Buy
12/01/20	DBS Vickers	ART	1.04	1.2	Buy	DCF
01/05/21	Phillip	ART	1.09	1.15	Buy
01/06/21	DBS Vickers	ART	1.07	1.2	Buy	DCF
01/18/21	Lim & Tan	ART	1.13	0	Neutral
01/28/21	CIMB	ART	1.05	1.08	Hold
01/28/21	Kim Eng	ART	1.05	1.25	Buy
01/29/21	OCBC	ART	1.05	1.24	Buy
02/02/21	Phillip	ART	1.04	1.17	Buy	DDM
03/09/21	OCBC	ART	1.02	1.24	Buy

ARA Logistics - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/12/20	UOB Kay Hian	ARA Logistics	0.54	0.69	Buy
06/16/20	DBS Vickers	ARA Logistics	0.525	0.7	Buy	DCF
06/23/20	DMG & Partners	ARA Logistics	0.57	0.64	Buy
07/08/20	CIMB	ARA Logistics	0.57	0.713	Add
07/09/20	DBS Vickers	ARA Logistics	0.595	0.7	Buy	DCF
07/29/20	Kim Eng	ARA Logistics	0.635	0.8	Buy	DDM
07/29/20	DMG & Partners	ARA Logistics	0.635	0.72	Buy	DDM
08/04/20	OCBC	ARA Logistics	0.665	0.64	Hold
09/02/20	DBS Vickers	ARA Logistics	0.635	0.7	Buy	DCF
10/15/20	CIMB	ARA Logistics	0.625	0.713	Add
10/27/20	CIMB	ARA Logistics	0.61	0.698	Add
10/27/20	DMG & Partners	ARA Logistics	0.61	0.72	Buy	DDM
01/06/21	UOB Kay Hian	ARA Logistics	0.595	0.85	Buy	DDM
01/14/21	DMG & Partners	ARA Logistics	0.67	0.74	Buy
01/27/21	Kim Eng	ARA Logistics	0.675	0.8	Buy	DDM
01/28/21	UOB Kay Hian	ARA Logistics	0.71	0.89	Buy
01/28/21	CIMB	ARA Logistics	0.71	0.749	Add	DDM
01/28/21	DBS Vickers	ARA Logistics	0.71	0.8	Buy
02/23/21	DBS Vickers	ARA Logistics	0.715	0.8	Buy
03/04/21	UOB Kay Hian	ARA Logistics	0.715	0.89	Buy

ARA Hospitality - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/12/20	UOB Kay Hian	ARA Hospitality	0.425	0.69	Buy	DDM
06/12/20	Amfrasers	ARA Hospitality	0.425	0.67	Outperform
08/06/20	UOB Kay Hian	ARA Hospitality	0.36	0.34	Hold	DDM, Buy @ $0.31
08/07/20	Amfrasers	ARA Hospitality	0.35	0.4	Neutral	DDM
11/10/20	UOB Kay Hian	ARA Hospitality	0.305	0.34	Hold	Buy @ $0.3
01/07/21	DBS Vickers	ARA Hospitality	0.485	0.69	Buy	DCF

Stock calls for 11 March 2021

Date	Analyst	Company	Last	Target	Call	Valuation
03/11/21	CIMB	BRC Asia	1.58	1.9	Add	PB1.57x FY21
03/11/21	UOB Kay Hian	Comfortdelgro	1.69	1.85	Buy
03/11/21	Lim & Tan	Delfi	0.755	0	Accumulate

The US inflation is coming - Part 12

https://finance.yahoo.com/news/u-consumer-prices-rise-solidly-141202938.html

It is expected that US inflation will exceed 2% by April 2021.

If this expectation is met, this means that we've correctly predicted the US inflation in our earlier posting.

http://sg-stock.blogspot.com/2020/10/the-us-inflation-is-coming-part-4.html

How did we do for our previous predictions for major economic and financial events.

https://sg-stock.blogspot.com/2020/03/weve-correctly-predicted-end-of-good-us.html

https://sg-stock.blogspot.com/2020/07/the-usd-is-depreciating-just-as-weve.html

https://sg-stock.blogspot.com/2019/09/us-fed-reduced-interest-rates-in.html

There were many other events that we had predicted correctly based on our own analyses.  The only major event left is the impending financial crisis and we've yet to put a timeline on it.

https://sg-stock.blogspot.com/2020/07/another-constellation-is-aligning-and.html

We still believe in our analyses for this to happen and our stance has not changed.  Furthermore, China has reinforced our belief by underestimating its own GDP growth.  We suspect that China is projecting a black swan event that will knock off a 2% GDP growth.

https://sg-stock.blogspot.com/2021/03/why-is-china-underestimating-its-gdp.html

Covid cases are rising in Europe and North America again!

https://finance.yahoo.com/news/poland-reports-17-260-daily-094752904.html

https://finance.yahoo.com/news/turkey-logs-13-755-coronavirus-181847768.html

https://finance.yahoo.com/news/france-reports-more-30-000-172355744.html

https://finance.yahoo.com/news/italy-reports-332-coronavirus-deaths-165224979.html

https://finance.yahoo.com/news/brazil-registers-daily-record-covid-220107096.html

Poland, Turkey, France, Italy, and Brazil have started to report rising covid cases recently!

I suspect the new covid variants are causing the spikes in infection and reinfection rates in these countries as existing vaccines are less effective against them.