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Tuesday, May 30, 2023

Tuan Sing - Stock calls

Date

Analyst

Company

Last

Target

Call

Valuation

01/05/22

DBS Vickers

Tuan Sing

0.455

0.66

Buy

Sum of parts

02/28/22

DBS Vickers

Tuan Sing

0.45

0.63

Buy

Sum of parts

08/22/22

Lim & Tan

Tuan Sing

0.36

0

Accept offer


TTJ - Stock calls

Date

Analyst

Company

Last

Target

Call

Valuation

05/23/22

Lim & Tan

TTJ

0.169

0.23

Reject offer

Offer $0.23

Stock calls for 29 May 2026.

Date

Analyst

Company

Last

Target

Call

Valuation

05/29/23

DMG & Partners

Japan Foods

0.435

0.65

Buy


05/29/23

UOB Kay Hian

Propnex

1.07

1.16

Buy

Ex-Bonus 1-for-1

05/29/23

Citi Research

Sembcorp Industries

5.02

5.98

Buy


05/29/23

Phillip

Singtel

2.47

2.84

Accumulate

Sum of parts

Sunday, May 28, 2023

US core PCE price index increased in April 2023.


The US core PCE increased in April 2023 which showed that the US inflation was rather sticky and the US Fed might have to increase its rates in June FOMC meeting.

Baltic dry index - 1172

Related stock: Sembcorp Marine, Cosco & Pan Ocean.

US rig count (weekly) - 711

Related stock:Sembcorp Marine & Cosco.

Saturday, May 27, 2023

Trans-China Auto - Stock calls

Date

Analyst

Company

Last

Target

Call

Valuation

03/16/22

UOB Kay Hian

Trans-China Auto

0.235

0.31

Buy

PER6x FY22

Top Glove - Stock calls

Date

Analyst

Company

Last

Target

Call

Valuation

03/10/22

Lim & Tan

Top Glove

0.555

0

Neutral


06/10/22

CIMB

Top Glove

0.385

0.315

Reduce

Ringgit target $1, Cut from $1.30

06/10/22

UOB Kay Hian

Top Glove

0.385

0.36

Hold

Ringgit target $1.15, PER23.5x FY23

09/21/22

CIMB

Top Glove

0.215

0.156

Reduce

Ringgit target $0.50

09/21/22

UOB Kay Hian

Top Glove

0.215

0.237

Hold

Ringgit target $0.76, PER31.4x FY23, Cut from $0.95

03/17/23

UOB Kay Hian

Top Glove

0.235

0.28

Buy

Ringgit target $0.95, Up from $0.74 ringgit, PER29x

03/17/23

CIMB

Top Glove

0.235

0.24

Hold

Ringgit target $0.82, Up from $0.46 ringgit

03/17/23

Kim Eng

Top Glove

0.235

0.17

Sell

Ringgit target $0.57, Up from $0.35 ringgit

Tiong Woon - Stock calls

Date

Analyst

Company

Last

Target

Call

Valuation

01/14/22

Lim & Tan

Tiong Woon

0.46

0

Accumulate


02/15/22

Lim & Tan

Tiong Woon

0.48

0

Accumulate


03/14/22

Lim & Tan

Tiong Woon

0.5

0

Buy


08/23/22

UOB Kay Hian

Tiong Woon

0.555

0.88

Buy

PB0.7x FY22

08/29/22

UOB Kay Hian

Tiong Woon

0.54

0.85

Buy

PB0.7x FY22

02/15/23

Lim & Tan

Tiong Woon

0.47

0.85

Accumulate


03/21/23

Lim & Tan

Tiong Woon

0.47

0.92

Buy