Stock calls for 28 May 2026

Date	Analyst	Company	Last	Target	Call	Valuation
05/28/26	OCBC	Boustead	2.23	2.67	Buy	Sum of parts
05/28/26	UOB Kay Hian	Frasers Logistics	0.985	1.33	Buy	DDM
05/28/26	DBS Vickers	IHH Healthcare	2.91	3.39	Buy	Ringgit $10.50 target price, Sum of parts
05/28/26	DBS Vickers	Jardine Matheson	60.4	93	Unrated	Sum of parts (25% disc)
05/28/26	Phillip	LHN	0.62	0.77	Buy	Sum of parts (20% disc)
05/28/26	DBS Vickers	Mapletree Industrial	1.95	2.05	Hold	DCF
05/28/26	phillip	Nordic Group	0.575	0.68	Buy	DCF
05/28/26	Lim & Tan	OKP	0.82	1.03	Buy
05/28/26	UOB Kay Hian	SATS	3.56	4.75	Buy	PER19.7x FY28
05/28/26	phillip	SATS	3.56	4.52	Buy	DCF
05/28/26	Lim & Tan	Valuetronics	1.01	0	Accumulate

The Iran war situation report. - Part 64

The US and Iran have begun attacking each other.  After the 1st US air strikes against Iran, Iran had retaliated by shooting at US jet and drones, and also the US base in Kuwait.  Thereafter, the US had continued its 2nd air strikes against Iran and also implement more sanctions against Iran.

Like we've stated previously, the peace deal is getting unlikely when the US continues its aggression against Iran.  There is no way for a peace deal to materialize when the US continues to attack Iran during a negotiation.

The Iran war situation report. - Part 63

 
Iran had struck back at the US in a restrained defensive manner by  shooting down a MQ-9 reaper drone, chasing away an F35 and an intel drove.  This escalation is worrying the gulf states because Iran can detect MQ-9 reaper and also a stealth fighter jet (F35).

Nobody will take the Iran ceasefire seriously if the US continues to attack Iran during this ceasefire period.

NikkoAM-STC Asia Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
11/26/25	phillip	NikkoAM-STC Asia Reit	0.831	0.84	Accumulate
04/14/26	phillip	NikkoAM-STC Asia Reit	0.801	0.795	Accumulate

Netlink - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/04/25	Lim & Tan	Netlink	0.85	1	Hold
03/17/25	DBS Vickers	Netlink	0.87	0.98	Buy	DCF
03/28/25	UOB Kay Hian	Netlink	0.87	0.98	Buy	DCF
04/04/25	CIMB	Netlink	0.89	1	Add
05/16/25	Lim & Tan	Netlink	0.92	1	Hold
05/19/25	phillip	Netlink	0.91	0.87	Neutral
05/19/25	DBS Vickers	Netlink	0.91	0.98	Buy	DCF
05/19/25	CIMB	Netlink	0.91	1	Add	DDM
05/20/25	UOB Kay Hian	Netlink	0.91	0.98	Buy	DCF
06/23/25	DBS Vickers	Netlink	0.87	0.98	Buy	DCF
06/24/25	Lim & Tan	Netlink	0.875	0.98	Hold
06/30/25	UOB Kay Hian	Netlink	0.875	0.98	Buy	DCF
07/07/25	Kim Eng	Netlink	0.89	1	Buy
08/04/25	UOB Kay Hian	Netlink	0.895	0.98	Buy	DCF
08/05/25	Citi Research	Netlink	0.895	1.02	Buy	Div Yield 5.3%
10/08/25	Lim & Tan	Netlink	0.96	1	Accumulate on weakness
11/04/25	DBS Vickers	Netlink	0.985	1.08	Buy	DCF
11/04/25	Lim & Tan	Netlink	0.985	1.02	Accumulate on weakness
11/05/25	UOB Kay Hian	Netlink	0.98	1.01	Hold	DCF
11/05/25	phillip	Netlink	0.98	0.93	Neutral
11/05/25	CIMB	Netlink	0.98	1.05	Add	DDM
02/02/26	Kim Eng	Netlink	0.98	1.05	Buy
05/18/26	phillip	Netlink	1.02	0.96	Neutral
05/18/26	DBS Vickers	Netlink	1.02	1.08	Buy	DCF
05/18/26	CIMB	Netlink	1.02	1.07	Add	DDM

Nanofilm - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/14/25	Lim & Tan	Nanofilm	0.66	0.55	Sell
04/03/25	OCBC	Nanofilm	0.63	0.665	Hold
04/09/25	OCBC	Nanofilm	0.49	0.595	Hold
04/22/25	UOB Kay Hian	Nanofilm	0.505	0.5	Sell	PER25x FY25
04/23/25	UOB Kay Hian	Nanofilm	0.54	0.46	Sell	PER23x FY25
04/23/25	DBS Vickers	Nanofilm	0.54	0.5	Hold	PER25x FY25
04/24/25	CIMB	Nanofilm	0.55	0.49	Reduce	PB
04/24/25	OCBC	Nanofilm	0.55	0.595	Hold
06/16/25	OCBC	Nanofilm	0.59	0.595	Hold
08/05/25	UOB Kay Hian	Nanofilm	0.735	0.46	Sell	PER23x FY25
08/05/25	OCBC	Nanofilm	0.735	0.61	Hold
08/06/25	OCBC	Nanofilm	0.73	0.715	Hold
08/14/25	DBS Vickers	Nanofilm	0.755	0.5	Hold	PER25x FY25
08/15/25	DBS Vickers	Nanofilm	0.73	0.71	Hold	PER29x FY26
09/11/25	OCBC	Nanofilm	0.82	0.79	Hold
10/22/25	OCBC	Nanofilm	0.69	0.79	Buy	PER
10/29/25	DBS Vickers	Nanofilm	0.705	0.71	Hold	PER29x FY26
11/04/25	CIMB	Nanofilm	0.715	0.62	Reduce	BVPS
12/04/25	Tickrs Financial	Nanofilm	0.63	0.75	Buy
02/26/26	DBS Vickers	Nanofilm	0.645	0.71	Hold	PER29x FY26
02/27/26	DBS Vickers	Nanofilm	0.62	0.68	Hold	PER29x FY26
02/27/26	UOB Kay Hian	Nanofilm	0.62	0.73	Buy	PER30x FY26
04/02/26	Tickrs Financial	Nanofilm	0.65	0.65	Hold
04/23/26	DBS Vickers	Nanofilm	1.02	1.65	Buy	PER30x FY26/27
04/23/26	CIMB	Nanofilm	1.02	1.4	Add	PER
04/24/26	UOB Kay Hian	Nanofilm	1.43	1.91	Buy	PER42x FY27

Stock calls for 26 May 2026

Date	Analyst	Company	Last	Target	Call	Valuation
05/26/26	Kim Eng	Addvalue	0.166	0.34	Buy	P/S
05/26/26	Lim & Tan	Mapletree Industrial	1.95	2.04	Hold
05/26/26	DBS Vickers	SATS	3.37	4.2	Buy	DCF & PER19x
05/26/26	DBS Vickers	Singtel	4.54	5.46	Buy	Sum of parts (10% disc)
05/26/26	Lim & Tan	Skylink	0.265	0.36	Buy
05/26/26	UOB Kay Hian	UI Boustead	0.805	1.17	Buy	DDM

The Iran war situation report. - Part 62

The US had struck Iran again after failing to get Iran to relent on giving up its enriched uranium and the hormuz toll.

Furthermore, the US had thrown a wrench in the works by demanding the gulf states to sign the Abraham Accords as a part of the Iran-US peace deal.

The peace deal looks incrementally impossible now as more uncertain variables are being added into the progress.  This shows that Trump has no genuine interest and also no sincerity in securing a peace deal except to enrich himself and his cronies by manipulating the stock and oil markets.

The Iran war situation report. - Part 61

Let's look at some US fabrications about the Iran-US peace deal.

US proclaimed that Iran was going to surrender its enriched Uranium and also open Hormuz.  The truth was these 2 US proclamations were false.  Not only did Iran deny the surrender of its Uranium, Iran declared the imposition of the hormuz toll instead.

In the end, the US backed down from the 2 proclamations by stating that it was in no rush to sign the deal.

What Trump was doing was just to talk up the stock market and there was only a remote possibility of Iran acceding to these 2 proclamation without any war reparation.

Nam Cheong - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/23/25	DBS Vickers	Nam Cheong	0.555	1.05	Unrated
11/18/25	DBS Vickers	Nam Cheong	0.79	1.25	Buy	PER8x FY26
12/03/25	DBS Vickers	Nam Cheong	0.785	1.25	Buy	PER8x FY26
12/24/25	Lim & Tan	Nam Cheong	0.845	1.25	Watchlist
01/02/26	DBS Vickers	Nam Cheong	0.94	1.25	Buy	PER8x FY26
01/30/26	DBS Vickers	Nam Cheong	1.19	1.6	Buy	PER10x FY26
02/02/26	CIMB	Nam Cheong	1.19	1.87	Add	PER
02/24/26	DBS Vickers	Nam Cheong	1.33	1.6	Buy	PER10x FY26
03/02/26	DBS Vickers	Nam Cheong	1.39	1.6	Buy	PER10x FY26
03/03/26	CIMB	Nam Cheong	1.42	1.92	Add	PER
03/18/26	DMG & Partners	Nam Cheong	1.36	2.05	Buy
03/27/26	UOB Kay Hian	Nam Cheong	1.4	2.05	Buy
04/22/26	DBS Vickers	Nam Cheong	1.54	1.9	Buy	PER12x FY26
04/22/26	CIMB	Nam Cheong	1.54	1.92	Add	PER
04/23/26	DMG & Partners	Nam Cheong	1.58	2.05	Buy
05/18/26	DBS Vickers	Nam Cheong	1.41	1.9	Buy	PER12x FY26