Stock calls for 18 May 2021

Date	Analyst	Company	Last	Target	Call	Valuation
05/18/21	Kim Eng	A-Reit	2.9	3.65	Buy
05/18/21	OCBC	ART	1	1.22	Buy
05/18/21	OCBC	Capitaland Integrated Commercial Trust	2.03	2.51	Buy
05/18/21	DBS Vickers	Dairy Farm	4.32	5.02	Buy
05/18/21	DBS Vickers	DBS	29.2	33.71	Buy
05/18/21	DMG & Partners	EC World Reit	0.75	0.83	Trading Buy
05/18/21	UOB Kay Hian	First Resources	1.43	1.65	Buy
05/18/21	CIMB	First Resources	1.43	1.69	Add	PER16x
05/18/21	DMG & Partners	First Resources	1.43	1.6	Buy
05/18/21	OCBC	Frasers Centrepoint Trust	2.34	2.78	Buy
05/18/21	Lim & Tan	Frencken	1.51	0	Accumulate on weakness
05/18/21	Amfrasers	Jiutian	0.096	0.145	Outperform	PER7x FY22
05/18/21	DBS Vickers	Koufu	0.63	0.77	Buy
05/18/21	Kim Eng	Mapletree Logistics	1.93	2.25	Buy
05/18/21	OCBC	Mapletree Logistics	1.93	2.1	Buy
05/18/21	OCBC	Mapletree North Asia	1.04	1.18	Buy
05/18/21	Kim Eng	Q&M	0.655	0.97	Buy
05/18/21	DMG & Partners	Riverstone	1.45	1.85	Buy
05/18/21	CIMB	Riverstone	1.45	1.8	Add
05/18/21	DBS Vickers	Sheng Siong	1.65	1.77	Buy
05/18/21	CIMB	Singtel	2.37	3.1	Add
05/18/21	Kim Eng	Singtel	2.37	2.88	Buy	DCF
05/18/21	DBS Vickers	Sunpower	0.83	0.92	Hold	DCF, PER11.9x
05/18/21	Phillip	Thai Beverage	0.695	0.86	Buy	PER18x FY21