Stock calls for 5 January 2024

Date	Analyst	Company	Last	Target	Call	Valuation
01/05/24	DBS Vickers	Bumitama	0.6	0.9	Buy	PER8.1x FY24
01/05/24	DMG & Partners	Dairy Farm	2.26	2.92	Buy	PER17x FY24
01/05/24	Kim Eng	Dyna-Mac	0.32	0.38	Buy	PER16.5x FY24
01/05/24	CIMB	Grand Venture	0.535	0.62	Add	PER11.6x FY25
01/05/24	UOB Kay Hian	Lendlease Reit	0.635	0.87	Buy	DDM
01/05/24	Lim & Tan	Manulife US Reit	0.078	0.16	Avoid
01/05/24	CIMB	Raffles Medical	1.07	1.2	Add
01/05/24	OCBC	Seatrium	0.113	0.175	Buy
01/05/24	DMG & Partners	Sheng Siong	1.57	1.99	Buy	PER21x FY24
01/05/24	UOB Kay Hian	Thai Beverage	0.54	0.7	Buy	Sum of parts

Micro-Mechanics - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
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
04/05/23	DBS Vickers	Micro-Mechanics	2.02	2.12	Fully Valued
05/02/23	DBS Vickers	Micro-Mechanics	2.1	1.75	Fully Valued	PER21x FY23/24

Megachem - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/28/23	SAC Capital	Megachem	0.495	0.55	Buy

Marco Polo - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/30/23	DMG & Partners	Marco Polo	0.043	0.06	Buy	DCF
05/31/23	DMG & Partners	Marco Polo	0.051	0.06	Buy	DCF
06/12/23	UOB Kay Hian	Marco Polo	0.053	0.06	Buy	PB1.3x FY23
08/22/23	Lim & Tan	Marco Polo	0.051	0.06	Buy
09/25/23	UOB Kay Hian	Marco Polo	0.05	0.06	Buy	PB1.3x FY24
11/01/23	UOB Kay Hian	Marco Polo	0.051	0.06	Buy	PB1.3x FY24
11/22/23	Lim & Tan	Marco Polo	0.051	0.06	Buy
12/06/23	DMG & Partners	Marco Polo	0.05	0.07	Buy
12/07/23	UOB Kay Hian	Marco Polo	0.051	0.066	Buy	PB1.3x FY24

Stock calls for 4 January 2024

Date	Analyst	Company	Last	Target	Call	Valuation
01/04/24	Citi Research	Netlink	0.85	1.06	Buy
01/04/24	CIMB	Seatrium	0.115	0.19	Add	PB1.5x FY24
01/04/24	Citi Research	Seatrium	0.115	0.1	Sell