Stock calls for 2 May 2018

Date	Analyst	Company	Last	Target	Call	Valuation
05/02/18	UOB Kay Hian	A-Reit	2.67	3.05	Buy
05/02/18	UOB Kay Hian	CapitaCommercial	1.82	2.09	Buy
05/02/18	DBS Vickers	Capitaland	3.76	4.35	Buy
05/02/18	OCBC	Capitaland	3.76	4.26	Buy	RNAV
05/02/18	DMG & Partners	Capitaland	3.76	4.2	Buy	RNAV (15% discount)
05/02/18	UOB Kay Hian	Capitaland	3.76	4.3	Buy	RNAV (15% discount)
05/02/18	DIR	Capitaland	3.76	4.1	Outperform	RNAV (20% discount)
05/02/18	CIMB	Capitaland	3.76	4.37	Add	RNAV (20% discount)
05/02/18	Kim Eng	Capitaland	3.76	4.1	Buy
05/02/18	UOB Kay Hian	CDL Hospitality	1.78	1.95	Buy
05/02/18	DMG & Partners	CDL Hospitality	1.78	1.95	Buy	DDM
05/02/18	OCBC	CDL Hospitality	1.78	1.6	Hold
05/02/18	CIMB	CDL Hospitality	1.78	1.92	Add	DDM
05/02/18	Amfrasers	Comfortdelgro	2.25	2.72	Buy	PER19x FY18
05/02/18	UOB Kay Hian	CSE Global	0.415	0.58	Buy	PER15x FY19
05/02/18	phillip	DBS	30.84	32.7	Accumulate	GGM, PB1.8x FY18
05/02/18	UOB Kay Hian	DBS	30.84	35.5	Buy	GGM, PB1.82x FY19
05/02/18	DMG & Partners	DBS	30.84	29.6	Neutral	GGM, PB1.51x (ex-div)
05/02/18	CIMB	DBS	30.84	34	Add	GGM, PB1.8x FY18
05/02/18	Lim & Tan	DBS	30.84	0	Buy on weakness
05/02/18	Kim Eng	DBS	30.84	30.8	Hold	GGM, PB1.6 FY18
05/02/18	DBS Vickers	Indofood Agri	0.32	0.36	Hold	DCF
05/02/18	DMG & Partners	Manulife US Reit	0.95	1	Buy	DDM
05/02/18	UOB Kay Hian	Manulife US Reit	0.95	1.12	Buy
05/02/18	CIMB	Mapletree Industrial	2.03	2.12	Add
05/02/18	CIMB	Mapletree Logistics	1.27	1.39	Add	DDM
05/02/18	Phillip	Micro-Mechanics	1.82	2.3	Buy	PER17x FY18
05/02/18	DMG & Partners	Moya Asia	0.1	0.15	Buy	DCF
05/02/18	CIMB	Parkway Life	2.79	3.07	Hold	DDM
05/02/18	UOB Kay Hian	Parkway Life	2.79	3.32	Buy	DDM
05/02/18	Phillip	Raffles Medical	1.15	1.32	Accumulate	DCF
05/02/18	UOB Kay Hian	Raffles Medical	1.15	1.32	Buy	DCF
05/02/18	DMG & Partners	Raffles Medical	1.15	1.02	Sell	DCF
05/02/18	OCBC	Raffles Medical	1.15	1.26	Buy
05/02/18	CIMB	Raffles Medical	1.15	1.24	Hold	Sum of parts
05/02/18	Kim Eng	Raffles Medical	1.15	1.13	Hold
05/02/18	phillip	Sheng Siong	1.02	1.13	Accumulate	PER23x FY18
05/02/18	CIMB	Sheng Siong	1.02	1.18	Add	PER22.3x FY19
05/02/18	DBS Vickers	SPH Reit	0.99	1.07	Buy
05/02/18	CIMB	SPH Reit	0.99	1.07	Hold	DDM
05/02/18	OCBC	SPH Reit	0.99	1.02	Hold
05/02/18	DBS Vickers	Yangzijiang	1.17	1.82	Buy	Sum of parts