Stock calls for 27 November 2017

Date	Analyst	Company	Last	Target	Call	Valuation
11/27/17	DBS Vickers	Ascendas India Trust	1.13	1.25	Buy	DDM
11/27/17	Macquarie	Capitaland	3.57	4.5	Outperform
11/27/17	DBS Vickers	City Developments	12.24	14.03	Buy	RNAV, PB1.2x
11/27/17	Macquarie	City Developments	12.24	14.05	Outperform
11/27/17	DBS Vickers	Cityneon	1.04	1.45	Buy
11/27/17	phillip	DBS	25.1	29.3	Buy	GGM, PB1.51x FY18
11/27/17	DBS Vickers	Jumbo	0.58	0.61	Hold	PER23x FY18
11/27/17	Lim & Tan	Jumbo	0.58	0	Neutral
11/27/17	CIMB	Thai Beverage	0.97	1.15	Add	Sum of parts, PER24.8x FY18
11/27/17	Phillip	Thai Beverage	0.97	1.18	Buy	Sum of parts, PER24.2x FY18
11/27/17	UOB Kay Hian	Thai Beverage	0.97	1.11	Buy	Sum of parts
11/27/17	OCBC	Thai Beverage	0.97	1.07	Buy	Sum of parts
11/27/17	CIMB	Thai Beverage	0.97	1.15	Add
11/27/17	NRA	Trendlines	0.143	0.225	Overweight	RNAV (20% discount)