Stock calls for 22 July 2019

Date	Analyst	Company	Last	Target	Call	Valuation
07/22/19	Phillip	A-Reit	3.03	2.88	Neutral
07/22/19	phillip	Cache Logistics	0.785	0.75	Neutral
07/22/19	Phillip	CapitaCommercial	2.15	2.18	Neutral	DDM
07/22/19	Phillip	Capitamall Trust	2.64	2.21	Neutral
07/22/19	Phillip	CapitaRetail China	1.59	1.66	Accumulate
07/22/19	DMG & Partners	Comfortdelgro	2.8	2.65	Neutral	DCF
07/22/19	phillip	Dasin Retail	0.875	0.94	Accumulate
07/22/19	phillip	EC World Reit	0.755	0.87	Buy
07/22/19	UOB Kay Hian	Far East Hospitality	0.685	0.82	Buy	DDM
07/22/19	Phillip	Frasers Centrepoint Trust	2.65	2.36	Neutral
07/22/19	Amfrasers	Keppel Corp	6.57	7.43	Neutral	Sum of parts
07/22/19	DBS Vickers	Keppel Corp	6.57	8.5	Buy	Sum of parts
07/22/19	Phillip	Mapletree Industrial	2.31	2.03	Neutral
07/22/19	OCBC	SATS	5	5.28	Hold	FCFF
07/22/19	phillip	SATS	5	5.47	Accumulate
07/22/19	Lim & Tan	SATS	5	0	Hold
07/22/19	CIMB	UOB	26.94	29.58	Add
07/22/19	Kim Eng	Venture	15.54	19.74	Buy	Roe-g/Coe-g