Stock calls for 25 April 2019

Date	Analyst	Company	Last	Target	Call	Valuation
04/25/19	Kim Eng	AIMS AMP Cap Ind Reit	1.42	1.5	Buy
04/25/19	DBS Vickers	AIMS AMP Cap Ind Reit	1.42	1.5	Buy
04/25/19	DBS Vickers	Capitamall Trust	2.36	2.55	Buy
04/25/19	OCBC	Capitamall Trust	2.36	2.32	Hold
04/25/19	CIMB	ESR-Reit	0.51	0.6	Add	DDM
04/25/19	OCBC	ESR-Reit	0.51	0.565	Buy
04/25/19	DMG & Partners	Frasers Centrepoint Trust	2.36	2.19	Neutral	DDM
04/25/19	OCBC	Frasers Centrepoint Trust	2.36	2.61	Buy	DDM
04/25/19	CIMB	Keppel Reit	1.23	1.34	Add	DDM
04/25/19	Lim & Tan	Manulife US Reit	0.87	0	Hold
04/25/19	DBS Vickers	Mapletree Commercial	1.89	2	Buy
04/25/19	UOB Kay Hian	ST Engineering	3.9	4.7	Buy	EV/Invested capital basis
04/25/19	DMG & Partners	ST Engineering	3.9	4.1	Buy
04/25/19	Kim Eng	ST Engineering	3.9	4.3	Buy	DCF
04/25/19	OCBC	Suntec Reit	1.89	1.83	Hold	DDM