Stock calls for 18 october 2022

Date	Analyst	Company	Last	Target	Call	Valuation
10/18/22	Kim Eng	AEM	3.11	2.98	Hold	PER7.5x FY23
10/18/22	DMG & Partners	APAC Realty	0.565	0.6	Neutral	DCF
10/18/22	CIMB	Capitaland Investment	3.21	4.59	Add	RNAV (10% disc)
10/18/22	DBS Vickers	City Developments	7.48	10.5	Buy	RNAV (35% discount)
10/18/22	CIMB	DBS	32.42	40.2	Add
10/18/22	CIMB	Frencken	0.885	1.12	Add	PER7.5x FY23
10/18/22	DBS Vickers	Frencken	0.885	0.95	Hold
10/18/22	DBS Vickers	Grand Venture	0.455	0.57	Buy	PER12x FY23
10/18/22	Citi Research	Mapletree Industrial	2.28	2.22	Hold	PB1.2x FY23
10/18/22	DBS Vickers	Micro-Mechanics	2.73	2.97	Hold
10/18/22	CIMB	OCBC	11.48	15.5	Add
10/18/22	Lim & Tan	Sembcorp Industries	2.88	4.01	Buy
10/18/22	Lim & Tan	SIA	5	5.86	Trading Buy
10/18/22	CIMB	UOB	26.09	35.6	Add
10/18/22	CIMB	Venture	15.86	19.62	Add	PER15.2x FY23
10/18/22	DBS Vickers	Venture	15.86	20.1	Buy