Stock calls for 14 August 2018

Date	Analyst	Company	Last	Target	Call	Valuation
08/14/18	Amfrasers	Comfortdelgro	2.35	2.72	Buy	PER19x FY18
08/14/18	DBS Vickers	Cromwell Reit (EUR)	0.595	0.66	Buy	DCF
08/14/18	phillip	Dasin Retail	0.9	0.97	Accumulate	DDM
08/14/18	DBS Vickers	ESR-Reit	0.51	0.63	Buy
08/14/18	Kim Eng	First Resources	1.56	2	Buy
08/14/18	DMG & Partners	First Resources	1.56	1.6	Neutral	PER11x FY19
08/14/18	CIMB	First Resources	1.56	2.03	Add	PER15x CY19
08/14/18	phillip	Ho Bee	2.52	2.98	Accumulate	RNAV (30% discount)
08/14/18	DBS Vickers	Hong Leong Finance	2.7	3.2	Buy	GGM, PB0l7x FY19
08/14/18	DBS Vickers	HRnetGroup	0.885	1.01	Buy	PER15x FY19, ex-cash
08/14/18	UOB Kay Hian	Jumbo	0.53	0.49	Hold	DCF, Buy @ $0.44
08/14/18	DBS Vickers	Jumbo	0.53	0.57	Hold	PER23x FY19
08/14/18	Amfrasers	Manulife US Reit	0.845	0.97	Buy
08/14/18	CIMB	Memtech	1.12	1.43	Add	PER10x FY19
08/14/18	Amfrasers	Mindchamps	0.705	0.86	Buy	DCF, PER22.6x FY18
08/14/18	phillip	Singapore O&G	0.36	0.42	Accumulate	PER23.2x
08/14/18	OCBC	Wheelock Properties	2.19	2.34	Reject offer	Offer $2.1
08/14/18	UOB Kay Hian	Wilmar	3.13	3.9	Buy	PER14.5x FY18
08/14/18	CIMB	Wilmar	3.13	4.1	Add	Sum of parts