Stock calls for 30 April 2018

Date	Analyst	Company	Last	Target	Call	Valuation
04/30/18	Phillip	CapitaRetail China	1.55	1.66	Accumulate	DDM
04/30/18	phillip	China Sunsine	1.48	1.97	Buy	FCFE
04/30/18	Lim & Tan	CSE Global	0.42	0.55	Buy	DCF & DDM & RV
04/30/18	DMG & Partners	DBS	30	27	Neutral
04/30/18	OCBC	DBS	30	34.6	Buy
04/30/18	phillip	Ho Bee	2.56	2.98	Accumulate	RNAV (30% discount)
04/30/18	DBS Vickers	Ifast Corp	0.9	1.26	Buy	DDM
04/30/18	DBS Vickers	Mapletree Industrial	2.02	2.22	Buy
04/30/18	OCBC	Mapletree Logistics	1.27	1.44	Buy
04/30/18	Kim Eng	Mapletree Logistics	1.27	1.25	Hold	DDM
04/30/18	NRA	Megachem	0.385	0.51	Not Rated	DCF, PER14.7x FY18
04/30/18	DMG & Partners	Sheng Siong	1.02	1.18	Buy
04/30/18	UOB Kay Hian	Sheng Siong	1.02	1.09	Hold	PER22.5x FY18, Buy @ $0.98
04/30/18	OCBC	Sheng Siong	1.02	1.06	Buy
04/30/18	DBS Vickers	Sheng Siong	1.02	1.21	Buy	PER25x FY18
04/30/18	UOB Kay Hian	Tianjin Zhongxin	1.01	1.72	Buy	PER14.1x FY18
04/30/18	DMG & Partners	Valuetronics	0.68	0.96	Buy	PER10x FY19
04/30/18	UOB Kay Hian	Wilmar	3.26	4.1	Buy	Sum of parts, PER14x FY18
04/30/18	DBS Vickers	Yangzijiang	1.16	1.82	Buy	PB
04/30/18	CIMB	Yangzijiang	1.16	1.27	Hold	Sum of parts
04/30/18	OCBC	Yangzijiang	1.16	1.22	Hold