Stock calls for 28 February 2023

Date	Analyst	Company	Last	Target	Call	Valuation
02/28/23	UOB Kay Hian	AEM	3.05	2.78	Hold	PER10x FY23
02/28/23	OCBC	Capitaland Investment	3.7	4.25	Hold
02/28/23	JPM	DBS	34.34	37	Neutral
02/28/23	DBS Vickers	Delfi	0.93	1.31	Buy
02/28/23	DBS Vickers	Frencken	1.13	1.09	Hold	PER8x FY23/24
02/28/23	DMG & Partners	Ireit	0.515	0.55	Neutral	DDM
02/28/23	CIMB	ISDN	0.52	0.61	Add
02/28/23	UOB Kay Hian	Raffles Medical	1.5	1.85	Buy	PER26.5x FY23
02/28/23	DBS Vickers	Raffles Medical	1.5	1.48	Hold
02/28/23	DBS Vickers	Sarine	0.39	0.33	Fully Valued	PER12x FY23
02/28/23	DBS Vickers	Sheng Siong	1.62	1.92	Buy
02/28/23	DBS Vickers	ST Engineering	3.54	4.2	Buy
02/28/23	CIMB	ST Engineering	3.54	4	Add
02/28/23	OCBC	ST Engineering	3.54	4.2	Buy	Cut from $4.50
02/28/23	Kim Eng	ST Engineering	3.54	4.1	Buy
02/28/23	DBS Vickers	Union Gas	0.485	0.48	Hold
02/28/23	UOB Kay Hian	United Hampshire	0.515	0.71	Buy	DDM
02/28/23	CIMB	UOB	29.94	33.3	Add
02/28/23	OCBC	UOB	29.94	34	Hold
02/28/23	CIMB	UOL	6.76	8	Add	RNAV
02/28/23	DBS Vickers	UOL	6.76	8.4	Buy	RNAV (40% discount)
02/28/23	Lim & Tan	UOL	6.76	8.14	Buy