Stock calls for 12 August 2020

Date	Analyst	Company	Last	Target	Call	Valuation
08/12/20	DBS Vickers	AIMS AMP Cap Ind Reit	1.17	1.4	Buy	DCF
08/12/20	Phillip	Capitaland	2.75	3.82	Buy	RNAV (20% discount)
08/12/20	Macquarie	DBS	20.85	24.1	outperform
08/12/20	Amfrasers	EC World Reit	0.655	0.73	outperform
08/12/20	DMG & Partners	EC World Reit	0.655	0.76	Buy	DDM
08/12/20	CIMB	Frasers Property	1.19	1.7	Add
08/12/20	CIMB	Grand Venture	0.26	0.36	Add
08/12/20	DBS Vickers	Koufu	0.68	0.77	Buy	PER17x FY21
08/12/20	Macquarie	OCBC	8.76	8.85	Neutral
08/12/20	UOB Kay Hian	Penguin	0.43	0.42	Hold	Buy @ $0.34
08/12/20	DBS Vickers	Singapore Post	0.7	0.64	Fully Valued	DCF, PER17x FY21
08/12/20	CIMB	Singtel	2.36	3.4	Add
08/12/20	Macquarie	UOB	19.65	20.85	Neutral
08/12/20	phillip	UOB	19.65	20.4	Accumulate	GGM, PB0.87x
08/12/20	CIMB	Venture	20	20.14	Add