Stock calls for 7 November 2019

Date	Analyst	Company	Last	Target	Call	Valuation
11/07/19	DBS Vickers	AIMS AMP Cap Ind Reit	1.4	1.5	Buy
11/07/19	UOB Kay Hian	ARA Hospitality	0.86	1.16	Buy	DDM
11/07/19	Amfrasers	ARA Hospitality	0.86	0.99	Outperform	DDM
11/07/19	DMG & Partners	Avi-Tech	0.35	0.41	Buy	DCF
11/07/19	OCBC	Capitaland	3.66	4.42	Buy	RNAV (15% discount)
11/07/19	Lim & Tan	Citic Envirotech	0.37	0.55	Accept Offer	offer price @ $0.55
11/07/19	Lim & Tan	CSE Global	0.54	0	Buy
11/07/19	CIMB	First Reit	1.05	1.2	Add
11/07/19	UOB Kay Hian	First Resources	1.73	1.9	Buy
11/07/19	OCBC	Frasers Logistics	1.26	1.28	Hold
11/07/19	DBS Vickers	Frasers Logistics	1.26	1.4	Buy	DCF
11/07/19	CIMB	Frasers Logistics	1.26	1.31	Add
11/07/19	CIMB	Frencken	0.72	0.94	Add
11/07/19	Amfrasers	Frencken	0.72	0.93	outperform	PER10x FY20
11/07/19	DBS Vickers	Frencken	0.72	0.95	Buy	PER9x FY20
11/07/19	DBS Vickers	Mapletree Logistics	1.69	1.9	Buy
11/07/19	phillip	OCBC	11.1	11.7	Accumulate	GGM, PB1.1x
11/07/19	DBS Vickers	PACC Offshore	0.21	0.22	Hold	PB1x FY19
11/07/19	OCBC	SIA	9.18	10.46	Buy
11/07/19	UOB Kay Hian	SIA	9.18	9.4	Hold	Buy @ $8.70
11/07/19	DBS Vickers	SIA	9.18	10.4	Buy	PB0.95x FY20
11/07/19	Phillip	Starhub	1.43	1.58	Accumlate	EV/Ebitda6x
11/07/19	OCBC	Starhub	1.43	1.32	Hold
11/07/19	DBS Vickers	Starhub	1.43	1.43	Buy	EV/Ebitda6x