Stock calls for 31 January 2023

Date	Analyst	Company	Last	Target	Call	Valuation
01/31/23	CIMB	ART	1.1	1.27	Add	DDM
01/31/23	DBS Vickers	CDL Hospitality	1.37	1.6	Buy	DCF, PB1.1x FY23
01/31/23	DMG & Partners	CDL Hospitality	1.37	1.25	Neutral	DDM
01/31/23	Citi Research	CDL Hospitality	1.37	1.15	Sell
01/31/23	DBS Vickers	CSE Global	0.37	0.38	Hold
01/31/23	Kim Eng	DBS	35.68	42.69	Buy
01/31/23	DBS Vickers	ESR-Reit	0.38	0.44	Buy
01/31/23	OCBC	Hutchison Port	0.2	0.2	Hold
01/31/23	DBS Vickers	Micro-Mechanics	2.57	2.12	Fully Valued	PER23x FY23/24
01/31/23	Lim & Tan	Micro-Mechanics	2.57	2.32	Avoid
01/31/23	Kim Eng	OCBC	12.99	14.7	Buy
01/31/23	DBS Vickers	OUE Commercial	0.37	0.35	Hold
01/31/23	Kim Eng	Raffles Medical	1.46	1.6	Buy	DCF
01/31/23	UOB Kay Hian	Sembcorp Marine	0.141	0.156	Buy
01/31/23	OCBC	Starhill	0.585	0.63	Buy
01/31/23	DBS Vickers	Starhill	0.585	0.68	Buy
01/31/23	Kim Eng	UOB	30.07	33.77	Buy