Stock calls for 10 August 2023

Date	Analyst	Company	Last	Target	Call	Valuation
08/10/23	DBS Vickers	ARA Hospitality	0.35	0.45	Buy	DCF
08/10/23	DBS Vickers	City Developments	7.12	10.5	Buy
08/10/23	CLSA	DBS	34.3	43.14	Overweight
08/10/23	UOB Kay Hian	Delfi	1.33	1.83	Buy	PER17x FY24
08/10/23	UOB Kay Hian	Lendlease Reit	0.67	0.89	Buy	DDM
08/10/23	DBS Vickers	Lendlease Reit	0.67	0.9	Buy	DCF
08/10/23	Lim & Tan	LHN	0.365	0.5	Buy	PER7.5x FY23
08/10/23	CLSA	OCBC	13.16	16.2	Overweight
08/10/23	DBS Vickers	Paragon Reit	0.945	1.05	Buy	DCF
08/10/23	DBS Vickers	Prime US Reit	0.188	0.18	Hold	PB0.3x
08/10/23	Citi Research	Singtel	2.46	2.68	Neutral
08/10/23	DMG & Partners	Starhill	0.495	0.56	Buy
08/10/23	UOB Kay Hian	Thai Beverage	0.57	0.83	Buy	Sum of parts
08/10/23	DBS Vickers	Thai Beverage	0.57	0.86	Buy
08/10/23	DMG & Partners	Thai Beverage	0.57	0.87	Buy
08/10/23	CIMB	Thai Beverage	0.57	0.75	Add	Sum of parts
08/10/23	CLSA	UOB	28.96	39.7	Overweight