“Hot” On The Plate US stocks pulled back from record highs. This is the second consecutive weekly drop for US markets amid the seasonally weaker month for markets, as investors take profit after a good run for US stocks year to date. With data backing up to 1928, September has been the worst months for […]

“Hot” On The Plate More alarm bells sounded on US stock market on valuation and growth concerns US markets have been on a tear this year, with major US stock indexes up more than 10% YTD, and about doubled from the COVID-19 trough in March 2020. The fast run up had made this bull market […]

“Hot” On The Plate US stocks ended mixed on Friday after US August Jobs Report disappointed with just 235,000 jobs created, well below estimates of 720,000. More on the US jobs report here This was the smallest monthly addition since January, as US president Joe Biden blamed the delta variant and unvaccinated people for the […]

What happened in markets this week, and what are analysts talking about? SBS Transit •DBS; Initiate with HOLD with TP S$3.44. The House initiated SBS Transit with a HOLD with TP of S$3.44 representing SBS’s 10 year average PB of 1.74x. Total average daily rail ridership across SBS train lines was 1.22m in FY19 vs […]

What happened in markets this week, and what are analysts talking about? SGX •Phillip Capital; Maintain Neutral with lower TP S$10.78. The House maintained Neutral on the stock, reducing its FY22F earnings by 6.1% as the House factor in lower volumes for FTSE China A50 contracts, following HKEX’s move to launch MSCI China A50 Connect […]

What happened in markets this week, and what are analysts talking about? Propnex •Phillip Capital; Downgrade to Accumulate. The House downgraded the stock to Accumulate with TP S$2.08. The House lift its FY21F PATMI estimates by 53% but believes the recent rally has priced in most of the positives. The downgrade follows UOBKH who also […]

Communication and trust are essentials, if you want to build relationships and be successful in life. Realising after the fact that you were lied to, and after each occurrence, you will beat yourself up for trusting the wrong person, which resulted in poor decisions. Ethical persuaders do not lie, conceal facts or distort the truth […]

What happened in markets this week, and what are analysts talking about? Civmec •KGI; Initiate Outperform with TP S$0.86. The House thinks that Civmec has both short and long term drivers. Short term drivers include favourable industry dynamics driven by China’s appetite for iron ore. The likelihood of increased contract wins as Australian government ramps […]