Stock calls for 8 March 2022

Date	Analyst	Company	Last	Target	Call	Valuation
03/08/22	CIMB	ARA Logistics	0.815	0.92	Add	DDM
03/08/22	Phillip	Capitaland Investment	3.66	4.05	Accumulate	Sum of parts
03/08/22	DBS Vickers	City Developments	7.01	10.5	Buy	PB1.1x FY22
03/08/22	DMG & Partners	City Developments	7.01	9.25	Buy
03/08/22	UOB Kay Hian	City Developments	7.01	9.2	Buy
03/08/22	CIMB	ESR-Reit	0.42	0.5	Add	DDM
03/08/22	DBS Vickers	Far East Hospitality	0.58	0.78	Buy
03/08/22	SAC Capital	Propnex	1.69	1.78	Hold
03/08/22	UOB Kay Hian	Rex	0.48	0.58	Buy	Sum of parts, PB1x FY22
03/08/22	CIMB	Sembcorp Marine	0.096	0.09	Hold	PB0.8x FY22
03/08/22	Lim & Tan	Singapore o&g	2.5	0	Accept offer
03/08/22	Lim & Tan	Singtel	2.51	3.16	Accumulate
03/08/22	Citi Research	Singtel	2.51	3.44	Buy
03/08/22	DMG & Partners	Singtel	2.51	3.37	Buy
03/08/22	OCBC	Venture	16.58	19.66	Buy
03/08/22	Kim Eng	Wilmar	4.7	6.56	Buy	DCF