Stock calls for 2 July 2019

Date	Analyst	Company	Last	Target	Call	Valuation
07/02/19	DMG & Partners	Breadtalk	0.75	0.81	Neutral
07/02/19	Kim Eng	Bumitama	0.63	1.01	Buy
07/02/19	DMG & Partners	Dairy Farm	7.29	8.25	Neutral
07/02/19	OCBC	DBS	26.6	29.2	Buy	GGM, PB1.4x, PER14.7x
07/02/19	Kim Eng	First Resources	1.6	1.93	Buy
07/02/19	Kim Eng	OCBC	11.59	11.07	Hold
07/02/19	DMG & Partners	Sheng Siong	1.1	1.23	Buy
07/02/19	Kim Eng	SIA Engineering	2.51	2.85	Buy
07/02/19	UOB Kay Hian	Singapore Post	0.965	1.04	Hold	Sum of parts, Buy @ $0.88
07/02/19	CIMB	Suntec Reit	1.95	2.15	Add	DDM
07/02/19	DBS Vickers	Suntec Reit	1.95	2.2	Buy	DCF
07/02/19	OCBC	UOB	26.61	29.4	Buy	GGM, PB1.3x, PER11.3x