Stock calls for 13 July 2020

Date	Analyst	Company	Last	Target	Call	Valuation
07/13/20	OCBC	A-Reit	3.26	3.52	Buy
07/13/20	OCBC	Capitaland	2.91	3.99	Buy
07/13/20	OCBC	City Developments	8.73	12.01	Buy
07/13/20	Amfrasers	EC World Reit	0.655	0.73	outperform	DDM
07/13/20	Kim Eng	Frencken	0.915	1.2	Buy	Roe-g/Coe-g, PB1.6x FY20
07/13/20	OCBC	Mapletree North Asia	0.945	1.13	Buy
07/13/20	OCBC	Netlink	0.98	1.1	Buy
07/13/20	phillip	SATS	2.88	1.95	Sell	PB1.35x
07/13/20	UOB Kay Hian	SATS	2.88	2.93	Hold	EV/Invested capital basis
07/13/20	Lim & Tan	SATS	2.88	0	Avoid
07/13/20	OCBC	Singtel	2.51	3.24	Buy
07/13/20	OCBC	ST Engineering	3.35	3.9	Buy