Stock calls for 16 May 2024

Date	Analyst	Company	Last	Target	Call	Valuation
05/16/24	phillip	Comfortdelgro	1.41	1.63	Buy	DCF
05/16/24	DMG & Partners	Comfortdelgro	1.41	1.65	Buy	DCF
05/16/24	UOB Kay Hian	First Resources	1.42	1.65	Buy	PER8x FY24
05/16/24	DMG & Partners	First Resources	1.42	1.45	Neutral	PER11x FY24
05/16/24	Kim Eng	First Resources	1.42	1.45	Hold
05/16/24	CIMB	Food Empire	1.13	1.73	Add
05/16/24	Amfrasers	Food Empire	1.13	1.35	outperform	Sum of parts
05/16/24	CIMB	Frencken	1.4	1.7	Add
05/16/24	DMG & Partners	Golden Agri	0.265	0.26	Neutral	Sum of parts
05/16/24	CIMB	Hyphens Pharma	0.29	0.35	Add	DCF
05/16/24	DBS Vickers	Prime US Reit	0.111	0.07	Fully valued	PB0.11x
05/16/24	UOB Kay Hian	Riverstone	0.93	1.12	Buy	PER20x FY25
05/16/24	DBS Vickers	Seatrium	1.59	3	Buy	PB1.5x FY24, Share consol 20-into-1
05/16/24	DBS Vickers	SIA	6.81	6.1	Hold
05/16/24	Lim & Tan	SIA	6.81	0	Accumulate
05/16/24	Phillip	Silverlake	0.295	0.33	Accumulate	PER21x FY24
05/16/24	Kim Eng	Singtel	2.43	3.1	Buy
05/16/24	Phillip	Starhub	1.25	1.29	Accumulate	EV/Ebitda6.5x FY24
05/16/24	Phillip	Thai Beverage	0.5	0.63	Buy	PER16x FY24
05/16/24	DBS Vickers	Thai Beverage	0.5	0.69	Buy	Sum of parts, PER16x
05/16/24	DMG & Partners	Thai Beverage	0.5	0.71	Buy	Sum of parts