Stock calls for 5 February 2018

Date	Analyst	Company	Last	Target	Call	Valuation
02/05/18	DBS Vickers	Ascendas Hospitality Trust	0.885	0.97	Buy	DCF
02/05/18	Kim Eng	Guocoland	2.22	2.95	Buy	RNAV (20% discount)
02/05/18	Macquarie	OCBC	12.81	14	Outperform
02/05/18	DBS Vickers	OUE Commercial	0.755	0.73	Hold	DCF
02/05/18	OCBC	Sembcorp Industries	3.57	3.95	Buy	Sum of parts
02/05/18	UOB Kay Hian	SIA Engineering	3.33	4	Buy	DCF
02/05/18	phillip	SIA Engineering	3.33	3.51	Accumulate	DCF
02/05/18	Kim Eng	SIA Engineering	3.33	3.5	Hold	PER21x FY19
02/05/18	CIMB	SIA Engineering	3.33	3.13	Reduce	DCF
02/05/18	Lim & Tan	SIA Engineering	3.33	0	Hold
02/05/18	OCBC	SIA Engineering	3.33	3.7	Buy	DCF
02/05/18	DBS Vickers	SIA Engineering	3.33	3.86	Buy
02/05/18	CIMB	Singapore Post	1.38	1.58	Add	DCF
02/05/18	UOB Kay Hian	Singapore Post	1.38	1.62	Buy	Sum of parts
02/05/18	Kim Eng	Singapore Post	1.38	1.5	Buy	DCF
02/05/18	DBS Vickers	Singapore Post	1.38	1.61	Buy	DCF