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Tuesday, June 8, 2021

Stock calls for 8 June 2021

Date

Analyst

Company

Last

Target

Call

Valuation

06/08/21

DBS Vickers

Bukit Sembawang

4.95

5.44

Buy


06/08/21

DMG & Partners

Comfortdelgro

1.68

2

Buy

DCF, PER22x FY21

06/08/21

SAC Capital

GKE

0.134

0.163

Buy


06/08/21

CIMB

Keppel Corp

5.35

6.4

Add


06/08/21

DBS Vickers

Keppel Reit

1.17

1.4

Buy

DDM

06/08/21

UOB Kay Hian

Lendlease Reit

0.785

1.01

Buy

DDM

06/08/21

Lim & Tan

Sembcorp Marine

0.2

0

Hold


What's wrong with the US allegation about the Wuhan Lab's virus leakage?


There are many loopholes in the US allegation and we will highlight them here.

If there were really 3 Wuhan researchers who got infected in November 2019 and sought treatments in local hospitals, then the outbreak would happen in the Wuhan Lab, in the hospitals they visited, or in their residences.  However, the outbreak happened at Huanan Seafood Market instead of any of these 3 places.

For this virus leak allegation to be believable, these 3 researchers must work and live in isolation.  This meant that the 3 researchers must work in the lab without interacting with their colleagues, and didn't lunch with other people so that they didn't infect others in the Wuhan Lab.  Furthermore, they also must live in isolation so that they didn't infect their own families and neighbouring residents.

Last but not least, they would have infected the doctors and nurses they had interacted with during their hospital visits but they didn't.  We all knew how new and infectious this virus was.  Thus, the doctors and nurses wouldn't put on masks when they interacted with the "infected" researchers in the local hospitals in Nov 2019.

After our analysis, we've reached a conclusion that the US allegation was false and ridiculous.

What's the truth then?  We had presented the proximate truth below.

Monday, June 7, 2021

Boustead Projects - Stock calls

Date

Analyst

Company

Last

Target

Call

Valuation

07/07/20

Lim & Tan

Boustead Projects

0.73

0

Hold


07/15/20

CIMB

Boustead Projects

0.79

0.88

Add


11/17/20

CIMB

Boustead Projects

0.8

0.95

Add

RNAV (50% discount)

01/04/21

CIMB

Boustead Projects

0.805

1.33

Add

RNAV (30% discount)

05/27/21

CIMB

Boustead Projects

1.11

1.4

Add


Boustead - Stock calls

Date

Analyst

Company

Last

Target

Call

Valuation

07/08/20

Lim & Tan

Boustead

0.645

0

Accumulate


07/15/20

CIMB

Boustead

0.705

1

Add


11/17/20

CIMB

Boustead

0.78

1.2

Add

Sum of parts

03/18/21

CIMB

Boustead

0.905

1.4

Add

Sum of parts

06/01/21

CIMB

Boustead

1.22

1.4

Add

Sum of parts (20% discount)

Aztech - Stock calls

Date

Analyst

Company

Last

Target

Call

Valuation

04/22/21

DBS Vickers

Aztech

1.38

1.85

Buy

PER17.9x FY21

04/23/21

UOB Kay Hian

Aztech

1.34

1.86

Buy

PER12.9x

04/23/21

CIMB

Aztech

1.34

1.91

Add

PER16x FY22

04/26/21

Kim Eng

Aztech

1.41

1.86

Buy

PER18x FY21

05/25/21

CIMB

Aztech

1.33

1.91

Add


Stock calls for 7 June 2021

Date

Analyst

Company

Last

Target

Call

Valuation

06/07/21

UOB Kay Hian

Comfortdelgro

1.67

1.95

Buy


06/07/21

Lim & Tan

Credit Bureau

1.25

0

Buy


06/07/21

phillip

DBS

29.71

31.4

Accumulate


06/07/21

CIMB

Elite ComReit

0.665

0.83

Add

DDM

06/07/21

UOB Kay Hian

Far East Hospitality

0.6

0.71

Buy


06/07/21

UOB Kay Hian

Food Empire

0.915

1.3

Buy


06/07/21

UOB Kay Hian

GHY

0.71

1.18

Buy


06/07/21

DBS Vickers

Hong Leong Asia

0.965

1.14

Buy

Sum of parts

06/07/21

UOB Kay Hian

Hong Leong Asia

0.965

1.38

Buy


06/07/21

UOB Kay Hian

Innotek

0.955

1.2

Buy


06/07/21

CIMB

Koufu

0.655

0.71

Hold

PER17x FY22

06/07/21

Phillip

LHN

0.295

0.54

Buy

PER9.5x FY21

06/07/21

UOB Kay Hian

MM2 Asia

0.068

0.095

Buy

Sum of parts

06/07/21

phillip

OCBC

12.36

14.63

Buy


06/07/21

DBS Vickers

Raffles Medical

1.13

1.4

Buy


06/07/21

UOB Kay Hian

SGX

10.37

12.35

Buy


06/07/21

UOB Kay Hian

SIA

4.9

4.15

Sell


06/07/21

phillip

UOB

26.1

28.7

Accumulate


06/07/21

Kim Eng

UOB

26.1

29.34

Buy


06/07/21

CIMB

UOL

7.37

8

Add

RNAV

06/07/21

UOB Kay Hian

Yangzijiang

1.47

1.76

Buy