Stock calls for 15 February 2021

Date	Analyst	Company	Last	Target	Call	Valuation
02/15/21	DMG & Partners	Avi-Tech	0.42	0.42	Neutral
02/15/21	phillip	DBS	26.07	29.5	Accumulate	GGM, PB1.31x FY21
02/15/21	OCBC	DBS	26.07	29.5	Buy	PB1.47x & PER12.9x FY21
02/15/21	Kim Eng	Far East Hospitality	0.585	0.7	Buy	DDM
02/15/21	CIMB	Frasers Property	1.25	1.41	Add	RNAV (45% discount)
02/15/21	Phillip	Lendlease Reit	0.79	0.82	Accumulate	DDM
02/15/21	UOB Kay Hian	Lendlease Reit	0.79	0.97	Buy	DDM
02/15/21	DMG & Partners	Oxley	0.23	0.27	Buy
02/15/21	Lim & Tan	Oxley	0.23	0	Buy
02/15/21	OCBC	SATS	4.12	4.95	Buy
02/15/21	Amfrasers	Silverlake	0.26	0.26	Neutral	PER13x FY21
02/15/21	Phillip	Singtel	2.38	2.44	Neutral	Sum of parts
02/15/21	Kim Eng	Singtel	2.38	2.88	Buy	Sum of parts
02/15/21	DMG & Partners	Singtel	2.38	3.1	Buy
02/15/21	Phillip	Thai Beverage	0.785	0.86	Accumulate	PER18x FY21
02/15/21	UOB Kay Hian	Thai Beverage	0.785	0.95	Buy	Sum of parts
02/15/21	DMG & Partners	Thai Beverage	0.785	0.94	Buy