Fu Yu - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/13/20	DBS Vickers	Fu Yu	0.22	0.21	Hold	PER13.6x FY20
05/13/20	Lim & Tan	Fu Yu	0.22	0	Buy on weakness
05/14/20	CIMB	Fu Yu	0.22	0.21	Hold
05/15/20	UOB Kay Hian	Fu Yu	0.22	0.25	Buy	PER12.4x FY20
06/16/20	DMG & Partners	Fu Yu	0.23	0.28	Buy	DCF
06/24/20	Lim & Tan	Fu Yu	0.24	0	Buy
07/03/20	DMG & Partners	Fu Yu	0.235	0.28	Buy
08/17/20	DMG & Partners	Fu Yu	0.24	0.3	Buy	DCF
08/17/20	DBS Vickers	Fu Yu	0.24	0.27	Hold	PER12.6x FY21
08/17/20	Lim & Tan	Fu Yu	0.24	0	Buy
08/18/20	UOB Kay Hian	Fu Yu	0.245	0.29	Buy
09/14/20	CIMB	Fu Yu	0.24	0.24	Hold	GGM, PB1.1x
11/12/20	DBS Vickers	Fu Yu	0.235	0.31	Buy
11/16/20	DMG & Partners	Fu Yu	0.245	0.3	Buy
11/16/20	CIMB	Fu Yu	0.245	0.288	Add	GGM, PB1.3x FY21
12/28/20	DMG & Partners	Fu Yu	0.255	0.3	Buy
01/20/21	Lim & Tan	Fu Yu	0.285	0	Take Profit
01/26/21	DMG & Partners	Fu Yu	0.285	0.33	Buy
02/24/21	CIMB	Fu Yu	0.28	0.355	Add	GGM, PB1.49x FY21
02/25/21	Lim & Tan	Fu Yu	0.28	0	Hold
03/08/21	DBS Vickers	Fu Yu	0.29	0.35	Buy	PER13x FY21
03/08/21	CIMB	Fu Yu	0.29	0.355	Add
03/30/21	DMG & Partners	Fu Yu	0.305	0.33	Buy
04/15/21	DMG & Partners	Fu Yu	0.32	0.37	Buy
05/10/21	DBS Vickers	Fu Yu	0.32	0.4	Buy	PER15.2x

Stock calls for 25 June 2021

Date	Analyst	Company	Last	Target	Call	Valuation
06/25/21	UOB Kay Hian	Aztech	1.23	1.86	Buy
06/25/21	Lim & Tan	Bukit Sembawang	5.22	6	Buy	RNAV (58% disc)
06/25/21	OCBC	Keppel Corp	5.11	6.33	Buy
06/25/21	DBS Vickers	Nanofilm	5.28	6.22	Buy
06/25/21	Kim Eng	Prime US Reit	0.88	1.1	Buy	DDM
06/25/21	DMG & Partners	Prime US Reit	0.88	1.03	Buy
06/25/21	OCBC	Sembcorp Marine	0.191	0.09	Sell	PB0.8x
06/25/21	UOB Kay Hian	Sembcorp Marine	0.191	0.18	Hold
06/25/21	Amfrasers	Uni-Asia	0.85	0.91	Outperform	Sum of parts
06/25/21	CIMB	Yangzijiang	1.39	1.63	Add	PB

China has started its 2nd generation covid vaccine in New Zealand.

https://sg.news.yahoo.com/chinese-firm-puts-covid-19-105955270.html

China knows that all the existing vaccines will become ineffective against the variants.  Therefore, it has developed a 2nd generation vaccine to fight off the variants.

It is currently doing a clinical trial in NZ.  Hopefully, this will be more effective than all the existing vaccines.

Delta variant is infecting fully vaccinated people in Israel.

https://news.yahoo.com/israel-says-delta-variant-infecting-110300111.html

Israel is using Pfizer vaccines for its people but the delta variant is infecting fully vaccinated Israelis now.  Israel was safe previously because it managed to keep the delta variant at bay.  The recent cases showed that about 50% of vaccinated people were infected.

Israel is one of the highest vaccinated countries but its fully vaccinated residents are getting infected now.

Frencken - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/15/20	DBS Vickers	Frencken	0.82	0.92	Buy	PER10.4x FY20
06/02/20	Amfrasers	Frencken	0.81	1.01	outperform	PER10x FY20
06/22/20	UOB Kay Hian	Frencken	0.86	1.15	Buy
07/01/20	DBS Vickers	Frencken	0.88	1.02	Buy	PER10.4x FY21
07/03/20	DMG & Partners	Frencken	0.91	0.9	Buy
07/13/20	Kim Eng	Frencken	0.915	1.2	Buy	Roe-g/Coe-g, PB1.6x FY20
08/11/20	Kim Eng	Frencken	1.15	1.2	Buy
08/14/20	UOB Kay Hian	Frencken	1.24	1.37	Buy
08/14/20	DBS Vickers	Frencken	1.24	1.43	Buy	PER13.2x FY21
08/14/20	CIMB	Frencken	1.24	1.06	Reduce
08/17/20	Amfrasers	Frencken	1.04	1.21	outperform	PER12x FY21
08/20/20	Kim Eng	Frencken	0.98	1.33	Buy	PB1.6x FY21
08/24/20	Lim & Tan	Frencken	0.96	1.26	Accumulate
08/31/20	CIMB	Frencken	0.94	1.06	Add	PER10x FY21
08/31/20	DMG & Partners	Frencken	0.94	1.16	Buy
09/01/20	UOB Kay Hian	Frencken	0.94	1.37	Buy
09/07/20	DBS Vickers	Frencken	1	1.43	Buy
09/30/20	Kim Eng	Frencken	0.96	1.33	Buy
10/15/20	DMG & Partners	Frencken	1.07	1.16	Buy	DCF
10/15/20	CIMB	Frencken	1.07	1.25	Add
11/13/20	Lim & Tan	Frencken	0.97	0	Buy
11/13/20	DMG & Partners	Frencken	0.97	1.22	Buy
11/13/20	CIMB	Frencken	0.97	1.27	Add
11/13/20	Kim Eng	Frencken	0.97	1.39	Buy	PB1.6x FY21
11/13/20	DBS Vickers	Frencken	0.97	1.51	Buy	PER13.2x FY21
11/17/20	UOB Kay Hian	Frencken	1.05	1.42	Buy
12/23/20	Kim Eng	Frencken	1.2	1.39	Buy	PB1.6x FY21
12/23/20	CIMB	Frencken	1.2	1.39	Add
12/24/20	DMG & Partners	Frencken	1.24	1.37	Buy
01/06/21	DBS Vickers	Frencken	1.32	1.51	Buy
01/13/21	Kim Eng	Frencken	1.34	1.39	Buy
02/26/21	DBS Vickers	Frencken	1.26	1.55	Buy
02/26/21	Kim Eng	Frencken	1.26	1.39	Buy	PB1.6x FY21
03/02/21	CIMB	Frencken	1.27	1.4	Add
03/02/21	Kim Eng	Frencken	1.27	1.39	Buy	PB1.6x FY21
03/09/21	UOB Kay Hian	Frencken	1.2	1.72	Buy
03/09/21	Lim & Tan	Frencken	1.2	0	Accumulate on weakness
03/10/21	DMG & Partners	Frencken	1.26	1.52	Buy
03/15/21	Kim Eng	Frencken	1.39	1.74	Buy	PER14.5x FY21
04/14/21	DMG & Partners	Frencken	1.59	1.77	Buy	PER14x
05/14/21	Kim Eng	Frencken	1.42	1.73	Buy
05/14/21	UOB Kay Hian	Frencken	1.42	1.72	Buy
05/14/21	DBS Vickers	Frencken	1.42	1.98	Buy	PER14.7x FY21
05/18/21	Lim & Tan	Frencken	1.51	0	Accumulate on weakness
05/31/21	Kim Eng	Frencken	1.77	2	Buy
06/15/21	DBS Vickers	Frencken	1.7	1.98	Buy
06/22/21	UOB Kay Hian	Frencken	1.69	2.13	Buy