Singapore stock calls for 20 December 2017

Date	Analyst	Company	Last	Target	Call	Valuation
12/20/17	CIMB	A-Reit	2.69	2.72	Hold
12/20/17	CIMB	AEM	3.21	4.55	Add
12/20/17	CIMB	CapitaCommercial	1.93	1.68	Hold
12/20/17	DBS Vickers	Capitaland	3.51	4.35	Buy
12/20/17	CIMB	Capitamall Trust	2.15	2.15	Hold
12/20/17	CIMB	DBS	24.71	25	Add
12/20/17	CIMB	Genting	1.34	1.45	Add
12/20/17	CIMB	Global Logistics	3.360	3.38	Hold
12/20/17	CIMB	Golden Agri	0.375	0.36	Reduce
12/20/17	CIMB	Hongkong Land	7.16	9.1	Add
12/20/17	CIMB	Keppel Corp	7.5	8.58	Add
12/20/17	CIMB	Memtech	1.09	1.33	Add
12/20/17	CIMB	MM2 Asia	0.52	0.76	Add
12/20/17	CIMB	OCBC	12.25	12.6	Add
12/20/17	CIMB	SATS	5.26	4.81	Hold
12/20/17	CIMB	Sembcorp Industries	3.02	3.87	Add
12/20/17	CIMB	Sembcorp Marine	1.93	2.49	Add
12/20/17	CIMB	SGX	7.43	8.21	Add
12/20/17	Kim Eng	SGX	7.43	8.3	Buy
12/20/17	CIMB	SIA	10.65	10.82	Hold
12/20/17	CIMB	Singtel	3.61	4.1	Add
12/20/17	CIMB	SPH	2.61	2.38	Reduce
12/20/17	CIMB	ST Engineering	3.17	3.85	Add
12/20/17	CIMB	Starhub	2.88	2.5	Hold
12/20/17	CIMB	Sunningdale	1.84	2.79	Add
12/20/17	CIMB	Thai Beverage	0.95	1	Hold	Sum of parts, PER22.6x CY18
12/20/17	CIMB	Venture	20.2	24.74	Add
12/20/17	CIMB	Wilmar	3.1	4.27	Add
12/20/17	CIMB	Yangzijiang	1.49	1.8	Add
12/20/17	CIMB	Yongnam	0.325	0.53	Add