Stock calls for 13 March 2020

Date	Analyst	Company	Last	Target	Call	Valuation
03/13/20	Phillip	A-Reit	3.15	3.31	Accumulate
03/13/20	Phillip	ART	1	1.53	Accumulate
03/13/20	Phillip	CapitaCommercial	1.83	2.18	Neutral
03/13/20	Phillip	Capitamall Trust	2.25	1.7	Accumulate
03/13/20	Phillip	CapitaRetail China	1.3	1.66	Accumulate
03/13/20	DMG & Partners	DBS	20.2	21.5	Neutral	GGM, PB1.09x FY20
03/13/20	Phillip	Frasers Centrepoint Trust	2.73	3.11	Accumulate
03/13/20	Phillip	Ireit	0.715	0.89	Accumulate
03/13/20	Phillip	Keppel DC Reit	2.14	2.06	Accumulate
03/13/20	Phillip	Mapletree Industrial	2.77	2.03	Neutral
03/13/20	Credit Suisse	SGX	8.69	8.7	Neutral
03/13/20	CIMB	SIA	7.34	8	Hold	PB0.86x
03/13/20	CIMB	Starhub	1.43	1.8	Add	DCF
03/13/20	DBS Vickers	Starhub	1.43	1.72	Buy	DCF