Stock calls for 24 April 2018

Date	Analyst	Company	Last	Target	Call	Valuation
04/24/18	Phillip	A-Reit	2.65	2.91	Accumulate	DDM, PB1.37x FY18/19
04/24/18	UOB Kay Hian	A-Reit	2.65	3.05	Buy	DDM
04/24/18	DMG & Partners	A-Reit	2.65	2.95	Buy	DDM
04/24/18	CIMB	A-Reit	2.65	2.85	add	DDM
04/24/18	OCBC	A-Reit	2.65	2.71	Hold
04/24/18	DBS Vickers	A-Reit	2.65	3	Buy
04/24/18	Amfrasers	Accordia Golf Trust	0.64	0.78	Buy	DDM
04/24/18	UOB Kay Hian	CapitaCommercial	1.82	2.09	Buy
04/24/18	OCBC	CapitaCommercial	1.82	1.84	Hold
04/24/18	Lim & Tan	CapitaCommercial	1.82	0	Buy
04/24/18	DBS Vickers	Lian Beng	0.625	0.85	Not Rated	Sum of parts
04/24/18	UOB Kay Hian	Mapletree Industrial	2.02	2	Hold	DDM
04/24/18	NRA	MDR	0.003	0.474	Unrated	Mid-point of $0.366-0.582
04/24/18	DBS Vickers	Oxley	0.485	0.68	Not Rated	RNAV (35% discount)
04/24/18	UOB Kay Hian	Singapore Post	1.31	1.6	Buy	Sum of parts
04/24/18	Lim & Tan	Sunningdale	1.73	0	Hold
04/24/18	DMG & Partners	UG Healthcare	0.198	0.32	Buy	PER14x FY19