Stock calls for 5 March 2019

Date	Analyst	Company	Last	Target	Call	Valuation
03/05/19	DMG & Partners	Amara	0.46	0.88	Buy	RNAV (35% discount)
03/05/19	OCBC	ART	1.14	1.25	Buy
03/05/19	phillip	China Aviation Oil	1.3	1.67	Buy	PER11.5x FY19
03/05/19	Amfrasers	CSE Global	0.505	0.58	Buy
03/05/19	CIMB	First Resources	1.7	2.12	Add
03/05/19	UOB Kay Hian	Japfa	0.705	0.98	Buy	Sum of parts, PER10.7x FY19
03/05/19	DBS Vickers	Japfa	0.705	0.8	Buy
03/05/19	DMG & Partners	Moya Asia	0.077	0.11	Buy	DCF
03/05/19	Amfrasers	Sheng Siong	1.09	1.24	Buy
03/05/19	CIMB	Sunningdale	1.4	1.38	Reduce	PB0.69x FY19