Stock calls for 7 May 2018

Date	Analyst	Company	Last	Target	Call	Valuation
05/07/18	phillip	Chip Eng Seng	0.93	1.21	Buy	RNAV (40% discount)
05/07/18	UOB Kay Hian	First Resources	1.69	1.6	Hold	PER13x FY18, Buy @ $1.40
05/07/18	DMG & Partners	Japan Foods	0.505	0.63	Buy	PER20x FY19
05/07/18	CIMB	Lippo-Malls Indo	0.32	0.33	Reduce	DDM
05/07/18	Phillip	Nam Lee	0.37	0.56	Buy	DCF, PER11.9x FY18, PB0.97x FY18
05/07/18	DBS Vickers	Sembcorp Industries	3.04	4.4	Buy	Sum of parts (10% discount), PB1.1x
05/07/18	UOB Kay Hian	SIA	11.03	11.9	Buy	PB0.9x FY18
05/07/18	DBS Vickers	Singtel	3.5	3.85	Buy	Sum of parts
05/07/18	CIMB	Starhub	2.29	2.4	Hold	DCF
05/07/18	DBS Vickers	Starhub	2.29	2.05	Fully Valued	DCF