Raffles Medical - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/10/23	DMG & Partners	Raffles Medical	1.46	1.75	Buy	DCF
06/08/23	UOB Kay Hian	Raffles Medical	1.32	1.9	Buy	PER26x FY23
06/08/23	DMG & Partners	Raffles Medical	1.32	1.75	Buy	DCF
07/03/23	CIMB	Raffles Medical	1.36	1.75	Add	EV/Ebitda24x FY24
07/20/23	DMG & Partners	Raffles Medical	1.32	1.75	Buy
07/28/23	UOB Kay Hian	Raffles Medical	1.34	1.9	Buy	PER26x FY23
07/31/23	DBS Vickers	Raffles Medical	1.34	1.48	Hold
08/01/23	UOB Kay Hian	Raffles Medical	1.4	1.7	Buy	PER29x FY23
08/01/23	DMG & Partners	Raffles Medical	1.4	1.75	Buy	DCF
08/02/23	phillip	Raffles Medical	1.32	1.76	Buy	DCF
08/02/23	CIMB	Raffles Medical	1.32	1.77	Add
08/02/23	Kim Eng	Raffles Medical	1.32	1.65	Buy
09/08/23	UOB Kay Hian	Raffles Medical	1.25	1.7	Buy	PER29x FY23
10/02/23	DMG & Partners	Raffles Medical	1.25	1.75	Buy	DCF
10/03/23	DBS Vickers	Raffles Medical	1.26	1.48	Hold
10/03/23	Lim & Tan	Raffles Medical	1.26	1.71	Buy
10/04/23	Kim Eng	Raffles Medical	1.23	1.65	Buy	DCF
10/23/23	UOB Kay Hian	Raffles Medical	1.18	1.47	Buy	PER29x FY24
11/06/23	DBS Vickers	Raffles Medical	1.2	1.48	Hold
11/07/23	DBS Vickers	Raffles Medical	1.07	1	Hold	Sum of parts, PER25x
11/07/23	UOB Kay Hian	Raffles Medical	1.07	1.15	Hold	PER29x FY24
11/08/23	phillip	Raffles Medical	1.02	1.02	Neutral	DCF
11/08/23	Kim Eng	Raffles Medical	1.02	1.3	Hold
11/08/23	CIMB	Raffles Medical	1.02	1.2	Add	PER29.2x FY24
01/05/24	CIMB	Raffles Medical	1.07	1.2	Add
02/26/24	DBS Vickers	Raffles Medical	1.05	1	Hold
02/26/24	Lim & Tan	Raffles Medical	1.05	1.1	Hold
02/27/24	UOB Kay Hian	Raffles Medical	1.01	1.15	Hold
02/27/24	DMG & Partners	Raffles Medical	1.01	1.06	Neutral	Sum of parts
02/28/24	phillip	Raffles Medical	1.02	0.96	Neutral	DCF
04/04/24	Lim & Tan	Raffles Medical	1.06	1.1	Neutral
06/05/24	DMG & Partners	Raffles Medical	1.02	1.06	Neutral	Sum of parts
07/01/24	DMG & Partners	Raffles Medical	0.995	1.06	Neutral	Sum of parts
07/29/24	DBS Vickers	Raffles Medical	1.02	1	Hold
07/29/24	Lim & Tan	Raffles Medical	1.02	1.14	Hold
07/30/24	DBS Vickers	Raffles Medical	1	0.97	Hold	Sum of parts
07/30/24	CIMB	Raffles Medical	1	1.15	Add	EV/Ebitda
07/30/24	DMG & Partners	Raffles Medical	1	1	Neutral	Sum of parts
07/30/24	Kim Eng	Raffles Medical	1	1.1	Hold
08/01/24	phillip	Raffles Medical	0.94	0.96	Neutral	DCF
08/19/24	DBS Vickers	Raffles Medical	0.905	0.97	Hold