Stock calls for 30 July 2020

Date	Analyst	Company	Last	Target	Call	Valuation
07/30/20	OCBC	ART	0.895	1.03	Buy
07/30/20	DBS Vickers	Capitaland	2.76	4.5	Buy
07/30/20	UOB Kay Hian	CDL Hospitality	0.97	1	Hold	DDM, Buy @ $0.9
07/30/20	DBS Vickers	CDL Hospitality	0.97	1.3	Buy
07/30/20	Kim Eng	CDL Hospitality	0.97	0.95	Hold
07/30/20	DBS Vickers	City Developments	8.28	13	Buy
07/30/20	DMG & Partners	Dairy Farm	4.15	4.47	Neutral	DCF
07/30/20	DBS Vickers	Dairy Farm	4.15	4.86	Buy	Sum of parts
07/30/20	Macquarie	DBS	20.4	25.5	outperform	PB
07/30/20	OCBC	DBS	20.4	20	Hold
07/30/20	UOB Kay Hian	DBS	20.4	23.12	Buy
07/30/20	DBS Vickers	Frasers Property	1.18	1.7	Buy
07/30/20	Lim & Tan	Hongkong Land	3.72	0	Buy
07/30/20	Macquarie	OCBC	8.9	11	Outperform	PB
07/30/20	UOB Kay Hian	OCBC	8.9	11.22	Buy
07/30/20	CIMB	Parkway Life	3.44	3.43	Hold
07/30/20	DBS Vickers	Sheng Siong	1.73	1.91	Buy	PER25x FY21
07/30/20	DBS Vickers	SIA	3.53	3.75	Hold	PB0.8x FY21/22
07/30/20	CIMB	SIA	3.53	3.55	Hold	PB0.84x FY22
07/30/20	OCBC	Starhill	0.47	0.53	Buy
07/30/20	Macquarie	UOB	20.02	21	Neutral	PB
07/30/20	OCBC	UOB	20.02	21.5	Hold
07/30/20	DBS Vickers	UOL	6.7	9.5	Buy