Stock calls for 18 October 2021

Date	Analyst	Company	Last	Target	Call	Valuation
10/18/21	UOB Kay Hian	ARA Logistics	0.89	1.07	Accept Offer	DDM
10/18/21	Lim & Tan	ARA Logistics	0.89	0	Accept Offer
10/18/21	DMG & Partners	ARA Logistics	0.89	0.95	Take Profit
10/18/21	Kim Eng	Aztech	1.07	1.26	Buy	PER10x FY22
10/18/21	Phillip	Capitaland Investment	3.41	4	Accumulate	Sum of parts
10/18/21	Amfrasers	Rex	0.31	0.4	Outperform	DCF
10/18/21	CIMB	SATS	4.35	4.66	Hold
10/18/21	CIMB	SIA	5.55	5.76	Hold
10/18/21	CIMB	SIA Engineering	2.23	2.85	Add
10/18/21	CIMB	UOL	7.27	8	Add	RNAV