Stock calls for 9 April 2019

Date	Analyst	Company	Last	Target	Call	Valuation
04/09/19	Phillip	ART	1.18	1.36	Buy	DDM, PB0.94x FY19
04/09/19	DMG & Partners	CDL Hospitality	1.67	1.8	Buy
04/09/19	CIMB	First Resources	1.79	2.12	Add
04/09/19	OCBC	Golden Agri	0.315	0.29	Hold	PB0.65x
04/09/19	CIMB	Golden Agri	0.315	0.23	Reduce
04/09/19	Kim Eng	Hi-P	1.63	1.22	Sell	PB1.5x FY19
04/09/19	CIMB	Keppel DC Reit	1.48	1.54	Add	DDM
04/09/19	DMG & Partners	OUE Hospitality	0.735	0.76	Take Profit	Accept offer
04/09/19	DBS Vickers	OUE Hospitality	0.735	0.85	Buy
04/09/19	DBS Vickers	Sembcorp Industries	2.75	3.9	Buy
04/09/19	Amfrasers	Sembcorp Marine	1.7	2.48	Buy
04/09/19	DBS Vickers	Sembcorp Marine	1.7	2.4	Buy
04/09/19	DBS Vickers	Singtel	3.06	3.55	Buy	Sum of parts
04/09/19	Amfrasers	Uni-Asia	1.16	1.86	Buy	Sum of parts, PB0.6x FY19, PER9.5x FY19
04/09/19	Kim Eng	Valuetronics	0.7	1.05	Buy
04/09/19	OCBC	Wilmar	3.49	3.44	Hold	PB0.9x
04/09/19	CIMB	Wilmar	3.49	3.96	Add