Stock calls for 8 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)
08/08/18	DMG & Partners	APAC Realty	0.63	0.77	Buy	DCF
08/08/18	DBS Vickers	APAC Realty	0.63	0.62	Hold	PER10x FY19
08/08/18	Macquarie	Capitaland	3.26	4.32	Outperform
08/08/18	CIMB	China Sunsine	1.49	1.41	Hold	PER7.7x CY19
08/08/18	OCBC	City Developments	9.88	9.59	Hold
08/08/18	Soochow	EC World Reit	0.71	0.88	Buy
08/08/18	DMG & Partners	Japan Foods	0.49	0.58	Buy	Sum of parts, PER16.6x FY19
08/08/18	DBS Vickers	Keppel DC Reit	1.39	1.52	Buy
08/08/18	Phillip	Nam Lee	0.365	0.51	Buy	DCF, PER10.5x FY18, PB0.88x FY18
08/08/18	Phillip	Raffles Medical	1.11	1.32	Accumulate	DCF
08/08/18	CIMB	Riverstone	1.1	1.28	Add	PER16.7x FY19
08/08/18	DBS Vickers	Riverstone	1.1	1.25	Buy	PER16x FY19
08/08/18	UOB Kay Hian	Starhub	1.69	1.92	Hold	DCF, Buy @ $1.65
08/08/18	DBS Vickers	Starhub	1.69	1.42	Hold	EV/Ebitda5.6x
08/08/18	DMG & Partners	Starhub	1.69	1.78	Neutral	DCF
08/08/18	OCBC	Starhub	1.69	1.65	Hold
08/08/18	Lim & Tan	Sunningdale	1.31	0	Buy
08/08/18	CIMB	Yangzijiang	0.91	1.29	Add	Sum of parts