Stock calls for 10 August 2018

Date	Analyst	Company	Last	Target	Call	Valuation
08/08/19	OCBC	Viva Industrial	0.895	0.942	Accept Offer	$0.096 cash & 1.6 ESR-Reit share (New value $0.53)
08/10/18	CIMB	Best World	1.25	1.39	Hold	PER12.5x CY19
08/10/18	DBS Vickers	Best World	1.25	1.15	Fully Valued	PER15x FY18
08/10/18	Kim Eng	Capitaland	3.3	3.8	Buy
08/10/18	UOB Kay Hian	Capitaland	3.3	3.78	Buy	RNAV (20% discount)
08/10/18	CIMB	Capitaland	3.3	3.55	Add	RNAV (35% discount)
08/10/18	OCBC	Capitaland	3.3	4.09	Buy
08/10/18	DMG & Partners	Centurion	0.45	0.47	Neutral
08/10/18	UOB Kay Hian	City Developments	9.89	12	Buy	RNAV (15% discount)
08/10/18	CIMB	City Developments	9.89	10.89	Add	RNAV (35% discount)
08/10/18	OCBC	City Developments	9.89	9.81	Hold
08/10/18	Lim & Tan	City Developments	9.89	0	Hold
08/10/18	DBS Vickers	City Developments	9.89	10	Hold	RNAV (35% discount)
08/10/18	DBS Vickers	Comfortdelgro	2.37	2.59	Buy
08/10/18	DMG & Partners	Kimly	0.335	0.46	Buy
08/10/18	DBS Vickers	PACC Offshore	0.305	0.32	Hold	PB1x FY18
08/10/18	OCBC	Singtel	3.2	4.08	Buy
08/10/18	UOB Kay Hian	Singtel	3.2	4.05	Buy	DCF
08/10/18	CIMB	Singtel	3.2	3.7	Add	Sum of parts
08/10/18	DBS Vickers	Singtel	3.2	3.7	Buy	Sum of parts
08/10/18	DMG & Partners	Singtel	3.2	3.7	Buy	Sum of parts
08/10/18	Kim Eng	ST Engineering	3.45	4.15	Buy	DCF
08/10/18	CIMB	ST Engineering	3.45	3.8	Add	Sum of parts
08/10/18	OCBC	ST Engineering	3.45	3.9	Buy	FCFE
08/10/18	DBS Vickers	ST Engineering	3.45	4.1	Buy
08/10/18	DMG & Partners	ST Engineering	3.45	3.97	Buy
08/10/18	CIMB	Sunningdale	1.42	2.05	Add	PB1.02x FY18
08/10/18	DBS Vickers	Yangzijiang	0.99	1.82	Buy	Sum of parts