SIA - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/01/19	UOB Kay Hian	SIA	9.67	9.5	Hold	Sum of parts, Buy @ $9.10
08/01/19	DBS Vickers	SIA	9.67	10.8	Buy	PB0.95x FY20
08/01/19	Lim & Tan	SIA	9.67	0	Hold
08/02/19	CIMB	SIA	9.2	10.04	Hold	PB0.9x CY19
09/19/19	UOB Kay Hian	SIA	9.15	9.5	Hold	Sum of parts, Buy @ $8.70
10/17/19	UOB Kay Hian	SIA	9.16	9.5	Hold	Buy @ $9
11/06/19	CIMB	SIA	9.43	10	Hold	PB0.9x CY19
11/06/19	Kim Eng	SIA	9.43	10.7	Buy	PB1x FY21
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
01/10/20	UOB Kay Hian	SIA	8.93	9.1	Hold	Sum of parts, Buy @ $8.60
01/14/20	DBS Vickers	SIA	8.95	10.4	Buy
01/14/20	Citi Research	SIA	8.95	7.26	Buy	Ex-rights target price
02/04/20	UOB Kay Hian	SIA	8.49	9.1	Hold	Buy @ $8.40
02/06/20	CIMB	SIA	8.59	8.46	Hold	PB0.86x CY20
02/10/20	DBS Vickers	SIA	8.58	10.4	Buy	PB0.95x FY20
02/18/20	OCBC	SIA	8.66	9.9	Buy
03/13/20	CIMB	SIA	7.34	8	Hold	PB0.86x
03/19/20	DBS Vickers	SIA	6.53	6.6	Hold	PB0.85x
03/20/20	OCBC	SIA	6.12	6.6	Hold
03/23/20	UOB Kay Hian	SIA	6.02	6.6	Hold	Buy @ $5.7 (PB0.5x)
03/30/20	UOB Kay Hian	SIA	6.08	5.8	Hold	Sum of parts, Buy @ $5.2
03/30/20	Citi Research	SIA	6.08	2.82	Sell	Ex-rights target price
04/03/20	CIMB	SIA	5.65	6.27	Hold	Ex-rights price $4.25
04/03/20	DIR	SIA	5.65	5.54	Hold
05/06/20	CIMB	SIA	5.91	4.45	Hold	PB0.84x, Ex-rights
05/15/20	Citi Research	SIA	3.81	4	Sell
05/15/20	CIMB	SIA	3.81	4.6	Add	PB0.84x
05/18/20	UOB Kay Hian	SIA	3.9	4.34	Buy	PB0.9x
06/03/20	Lim & Tan	SIA	4.11	0	Take Profit
06/18/20	UOB Kay Hian	SIA	4.13	3.8	Sell	PB0.8x
07/16/20	Lim & Tan	SIA	3.77	0	Sell
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
08/03/20	UOB Kay Hian	SIA	3.42	3.64	Hold	Buy @ $3.20
08/04/20	OCBC	SIA	3.31	3.5	Hold