Stock calls for 15 November 2017

Date	Analyst	Company	Last	Target	Call	Valuation
11/15/17	DMG & Partners	Amara	0.54	0.88	Buy	PB0.65x
11/15/17	Kim Eng	Bumitama	0.835	0.95	Buy	PER14x FY17
11/15/17	DMG & Partners	Bumitama	0.835	0.95	Buy	PER12x FY18
11/15/17	UOB Kay Hian	Bumitama	0.835	1.03	Buy	PER13x FY18
11/15/17	Credit Suisse	Bumitama	0.835	1	Outperform
11/15/17	DMG & Partners	China Everbright	0.45	0.54	Buy	DCF
11/15/17	DMG & Partners	Delfi	1.45	1.65	Buy	DCF
11/15/17	DBS Vickers	First Resources	1.93	2.18	Buy	DCF, PER14.5x FY18
11/15/17	UOB Kay Hian	First Resources	1.93	1.95	Hold	PER16x FY18, Buy @ $1.75
11/15/17	Credit Suisse	First Resources	1.93	2.3	Neutral
11/15/17	Amfrasers	Frencken	0.54	0.66	Buy	PER10x FY18
11/15/17	UOB Kay Hian	Golden Agri	0.39	0.34	Hold	PER13x FY18, Buy @ $0.3
11/15/17	OCBC	Golden Agri	0.39	0.37	Hold
11/15/17	Credit Suisse	Golden Agri	0.39	0.35	Underperform
11/15/17	CIMB	Golden Agri	0.39	0.36	Reduce	PER15x FY19
11/15/17	CIMB	HMI	0.715	0.83	Add	DCF
11/15/17	phillip	HMI	0.715	0.83	Buy	DCF
11/15/17	UOB Kay Hian	HMI	0.715	0.83	Buy	DCF
11/15/17	Kim Eng	HMI	0.715	0.8	Buy	DCF
11/15/17	UOB Kay Hian	ISDN	0.245	0.35	Buy
11/15/17	Amfrasers	Japan Foods	0.43	0.53	Buy	DCF
11/15/17	OCBC	KSH	0.865	0.79	Hold
11/15/17	Lim & Tan	Singapore Post	1.3	0	Hold
11/15/17	UOB Kay Hian	Wheelock Properties	1.95	2.33	Buy	RNAV (15% discount)
11/15/17	DBS Vickers	Yanlord	1.74	2.25	Buy	PER7.1x FY18