Stock calls for 14 May 2019

Date	Analyst	Company	Last	Target	Call	Valuation
05/14/19	DMG & Partners	APAC Realty	0.545	0.67	Buy	DCF
05/14/19	DMG & Partners	DBS	26	30.8	Buy	GGM, PB1.5x FY20
05/14/19	DMG & Partners	EC World Reit	0.79	0.85	Buy	DDM
05/14/19	Amfrasers	Frencken	0.595	0.67	Buy	PER10x FY19
05/14/19	OCBC	Golden Agri	0.275	0.29	Hold
05/14/19	DMG & Partners	GSS Energy	0.081	0.08	Neutral	DCF
05/14/19	Kim Eng	HMI	0.540	0.68	Buy	DCF, PER27x FY20
05/14/19	DBS Vickers	HRnetGroup	0.76	0.85	Hold
05/14/19	DBS Vickers	PACC Offshore	0.173	0.2	Hold
05/14/19	Kim Eng	Raffles Medical	1.02	1.13	Hold	DCF
05/14/19	CIMB	Riverstone	0.995	1.22	Add
05/14/19	Kim Eng	SIA Engineering	2.43	2.85	Buy	DCF
05/14/19	OCBC	SIA Engineering	2.43	2.43	Hold
05/14/19	UOB Kay Hian	SIA Engineering	2.43	2.55	Hold	Buy @ $2.30
05/14/19	DBS Vickers	SIA Engineering	2.43	2.6	Hold
05/14/19	CIMB	SIA Engineering	2.43	3.11	Add
05/14/19	Amfrasers	Thai Beverage	0.765	0.75	Hold
05/14/19	DBS Vickers	UMS	0.615	0.55	Fully Valued	PER8x FY19
05/14/19	DBS Vickers	UOL	7.08	8.53	Buy
05/14/19	OCBC	Wing Tai	2.01	2.41	Buy