Stock calls for 1 March 2019

Date	Analyst	Company	Last	Target	Call	Valuation
03/01/19	DMG & Partners	APAC Realty	0.57	0.72	Buy	DCF
03/01/19	DBS Vickers	APAC Realty	0.57	0.7	Buy	PER12x
03/01/19	Phillip	APTV	0.13	0.14	Accumulate
03/01/19	DMG & Partners	China Aviation Oil	1.37	1.5	Neutral
03/01/19	DBS Vickers	China Aviation Oil	1.37	1.85	Buy	PER12x FY19
03/01/19	UOB Kay Hian	China Aviation Oil	1.37	1.25	Hold	PER8.4x FY19
03/01/19	phillip	CNMC	0.225	0.31	Buy	DCF
03/01/19	DMG & Partners	Delfi	1.45	1.68	Buy	DCF
03/01/19	Kim Eng	First Resources	1.71	2.03	Buy	PER17x
03/01/19	OCBC	Frasers Centrepoint Trust	2.29	2.5	Buy
03/01/19	DBS Vickers	Frasers Centrepoint Trust	2.29	2.4	Buy	DCF
03/01/19	CIMB	Golden Agri	0.275	0.23	Reduce	Sum of parts (10% discount)
03/01/19	OCBC	Golden Agri	0.275	0.27	Hold
03/01/19	DBS Vickers	Hongkong Land	6.77	8.02	Buy
03/01/19	Kim Eng	IHH Healthcare	1.85	2.29	Buy	Sum of parts, Ringgit $6.90 target
03/01/19	DBS Vickers	Indofood Agri	0.2	0.19	Hold
03/01/19	CIMB	Japfa	0.765	0.9	Add	Sum of parts
03/01/19	UOB Kay Hian	Memtech	0.985	1.33	Buy	PER11x FY19
03/01/19	CIMB	Silverlake	0.57	0.62	Add	Sum of parts, PER19x CY20
03/01/19	UOB Kay Hian	Sunningdale	1.56	1.3	Hold	PER11x FY19, Buy @ $1.20
03/01/19	Lim & Tan	Sunningdale	1.56	0	Hold
03/01/19	UOB Kay Hian	Sunpower	0.585	0.88	Buy	Sum of parts
03/01/19	CIMB	Yangzijiang	1.43	1.61	Add	Sum of parts
03/01/19	OCBC	Yanlord	1.39	1.75	Buy	PER5x
03/01/19	CIMB	Yongnam	0.173	0.33	Add	PB0.7x FY19