Stock calls for 13 December 2021

Date	Analyst	Company	Last	Target	Call
12/13/21	UOB Kay Hian	City Developments	6.99	8.5	Buy
12/13/21	UOB Kay Hian	Comfortdelgro	1.39	1.99	Buy
12/13/21	UOB Kay Hian	DBS	31.9	37	Buy
12/13/21	UOB Kay Hian	Genting	0.79	1.08	Buy
12/13/21	UOB Kay Hian	Keppel Corp	5.24	6.74	Buy
12/13/21	UOB Kay Hian	OCBC	11.35	15.35	Buy
12/13/21	Lim & Tan	Parkway Life	5.07	0	Hold
12/13/21	UOB Kay Hian	Raffles Medical	1.33	1.66	Buy
12/13/21	UOB Kay Hian	Sembcorp Industries	2.01	2.59	Buy
12/13/21	UOB Kay Hian	ST Engineering	3.78	4.05	Buy
12/13/21	UOB Kay Hian	Thai Beverage	0.665	0.92	Buy

Baltic dry index - 3272

 Related stock: Sembcorp Marine, Cosco & Pan ocean.

US rig count (weekly) - 576

 Related stock: Sembcorp Marine & Cosco.

The Lancet study suggests that rushing the third dose may not be the best approach for those on inactivated vaccines like Sinovac.

https://www.bloombergquint.com/onweb/longer-wait-for-sinovac-booster-improves-protection-study-finds

Singapore's government shouldn't compel its residents to take Sinovac booster shots by invalidating their fully vaccinated status after 3 months.  The Lancet study has shown that a gap of about 8 months will boost the antibodies significantly.

I hope we can leave politics out of public health policies and rely just on scientific studies and evidence.

Singapore did very badly on the covid-19 recovery index. - Part 2

 
Singapore did very badly again.  It had dropped to 96 from 70 (in Sep 2021).

Econ Healthcare - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
09/13/21	DBS Vickers	Econ Healthcare	0.3	0.4	Buy	DCF
11/18/21	DBS Vickers	Econ Healthcare	0.31	0.4	Buy	DCF

EC World Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/25/21	DBS Vickers	EC World Reit	0.72	0.8	Buy	DCF
03/05/21	DMG & Partners	EC World Reit	0.73	0.76	Neutral
05/18/21	DMG & Partners	EC World Reit	0.75	0.83	Trading Buy
08/10/21	DBS Vickers	EC World Reit	0.815	0.9	Buy	DCF
11/10/21	DBS Vickers	EC World Reit	0.815	0.9	Buy	DCF

Don Agro - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/23/21	Amfrasers	Don Agro	0.39	0.64	Buy	DCF

Stock calls for 10 December 2021

Date	Analyst	Company	Last	Target	Call	Valuation
12/10/21	UOB Kay Hian	BRC Asia	1.56	1.91	Buy	PER8.8x FY22
12/10/21	DBS Vickers	Capitaland Integrated Commercial Trust	2.04	2.5	Buy	PB1.25x
12/10/21	Lim & Tan	Sembcorp Industries	2	2.55	Buy
12/10/21	CIMB	SGX	9.45	10.4	Add
12/10/21	DMG & Partners	SGX	9.45	10.3	Neutral	PER23x FY22
12/10/21	CIMB	Yangzijiang	1.31	1.91	Add

Digicore Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
12/07/21	UOB Kay Hian	Digicore Reit	1.01	1.18	Buy	DDM

Delfi - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/06/21	DBS Vickers	Delfi	0.71	0.98	Buy
02/26/21	DBS Vickers	Delfi	0.76	0.96	Buy	PER18x FY21
03/11/21	Lim & Tan	Delfi	0.755	0	Accumulate
08/11/21	DBS Vickers	Delfi	0.845	0.96	Buy	PER18x FY21
08/17/21	DBS Vickers	Delfi	0.845	1.06	Buy	PER18x FY21/22
09/13/21	CIMB	Delfi	0.775	1.02	Add	PER20x FY22
10/27/21	CIMB	Delfi	0.745	1.02	Add
11/17/21	DBS Vickers	Delfi	0.745	1.07	Buy	PER18x FY22
11/17/21	CIMB	Delfi	0.745	1.02	Add
11/18/21	Lim & Tan	Delfi	0.755	0	Accumulate