Stock calls for 22 February 2018

Date	Analyst	Company	Last	Target	Call	Valuation
02/22/18	Kim Eng	Bukit Sembawang	6.13	8.25	Buy	RNAV (20% discount)
02/22/18	UBS	DBS	29.45	35	Buy
02/22/18	UOB Kay Hian	KSH	0.76	1.08	Buy	Sum of parts
02/22/18	UBS	OCBC	13	14.5	Buy
02/22/18	phillip	OCBC	13	13.94	Buy	GGM, PB1.46x
02/22/18	DBS Vickers	PACC Offshore	0.39	0.48	Buy	PB1.4x
02/22/18	OCBC	Sembcorp Marine	2.63	2.43	Hold
02/22/18	UOB Kay Hian	Sembcorp Marine	2.63	1.9	Hold	PB1.6x FY19, Buy @ $1.80
02/22/18	DBS Vickers	Sembcorp Marine	2.63	2.9	Buy	PB2.4x FY18
02/22/18	CIMB	Sembcorp Marine	2.63	3.01	Add	PB2.5x FY18
02/22/18	Phillip	Thai Beverage	0.835	1.05	Buy	Sum of parts
02/22/18	UBS	UOB	27.6	27.5	Neutral