Manulife US Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/02/19	DMG & Partners	Manulife US Reit	0.77	0.92	Buy
01/02/19	DBS Vickers	Manulife US Reit	0.77	0.88	Buy	DCF
02/12/19	Lim & Tan	Manulife US Reit	0.855	0	Hold
02/12/19	DMG & Partners	Manulife US Reit	0.855	0.94	Buy	DDM
02/12/19	DBS Vickers	Manulife US Reit	0.855	0.92	Buy	DCF
02/26/19	Amfrasers	Manulife US Reit	0.835	0.95	Buy
03/13/19	DMG & Partners	Manulife US Reit	0.85	0.94	Buy
03/25/19	Kim Eng	Manulife US Reit	0.865	1	Buy	DDM
04/25/19	Lim & Tan	Manulife US Reit	0.87	0	Hold
04/26/19	DMG & Partners	Manulife US Reit	0.865	0.94	Buy	DDM
04/26/19	DBS Vickers	Manulife US Reit	0.865	0.92	Buy
04/26/19	Kim Eng	Manulife US Reit	0.865	1	Buy	DDM
04/30/19	Amfrasers	Manulife US Reit	0.88	0.97	Buy	DDM
05/02/19	DMG & Partners	Manulife US Reit	0.87	0.96	Buy	DDM
05/29/19	Kim Eng	Manulife US Reit	0.86	1	Buy	DDM
06/06/19	DMG & Partners	Manulife US Reit	0.845	0.96	Buy
06/17/19	DBS Vickers	Manulife US Reit	0.87	1	Buy	DDM
06/25/19	Kim Eng	Manulife US Reit	0.865	1	Buy
07/04/19	DMG & Partners	Manulife US Reit	0.88	0.96	Buy
07/12/19	DMG & Partners	Manulife US Reit	0.875	0.98	Buy	DDM
08/15/19	Amfrasers	Manulife US Reit	0.89	0.98	outperform
08/15/19	DMG & Partners	Manulife US Reit	0.89	0.98	Buy	DDM
08/19/19	Kim Eng	Manulife US Reit	0.89	1	Buy	DDM
08/23/19	DBS Vickers	Manulife US Reit	0.895	1.1	Buy	DCF
09/11/19	DMG & Partners	Manulife US Reit	0.915	0.98	Buy
09/20/19	Kim Eng	Manulife US Reit	0.91	1.05	Buy	DDM
09/20/19	DMG & Partners	Manulife US Reit	0.91	1	Buy	DDM
09/20/19	Amfrasers	Manulife US Reit	0.91	1.01	outperform
10/02/19	DMG & Partners	Manulife US Reit	0.895	1	Buy
10/11/19	DBS Vickers	Manulife US Reit	0.905	1.1	Buy	DCF
11/01/19	CIMB	Manulife US Reit	0.915	1.12	Add	DDM
11/05/19	DMG & Partners	Manulife US Reit	0.92	1	Buy	DDM
11/05/19	DBS Vickers	Manulife US Reit	0.92	1.1	Buy
11/05/19	Kim Eng	Manulife US Reit	0.92	1.05	Buy
12/02/19	Amfrasers	Manulife US Reit	0.965	1.03	outperform
12/10/19	DMG & Partners	Manulife US Reit	1.02	1	Buy
12/13/19	DMG & Partners	Manulife US Reit	1	1.1	Buy	DDM
01/08/20	DMG & Partners	Manulife US Reit	0.99	1.1	Buy
02/06/20	DMG & Partners	Manulife US Reit	1.04	1.12	Buy	DDM
02/06/20	DBS Vickers	Manulife US Reit	1.04	1.15	Buy	DCF
02/06/20	Lim & Tan	Manulife US Reit	1.04	0	Hold
02/07/20	CIMB	Manulife US Reit	1.07	1.13	Add	DDM
02/07/20	Kim Eng	Manulife US Reit	1.07	1.15	Buy	DDM
02/11/20	Amfrasers	Manulife US Reit	1.05	1.11	Neutral

Lippo Malls - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/21/20	CIMB	Lippo Malls	0.235	0.24	Hold	DDM

Stock calls for 24 February 2020

Date	Analyst	Company	Last	Target	Call	Valuation
02/24/20	Amfrasers	Comfortdelgro	2.02	2.28	Outperform	PER17.5x FY20
02/24/20	phillip	OCBC	11.02	12.1	Accumulate	GGM, PB1.11x FY20
02/24/20	DMG & Partners	OCBC	11.02	11.2	Neutral	GGM, PB1.03x FY20
02/24/20	UOB Kay Hian	OCBC	11.02	12.68	Buy
02/24/20	DBS Vickers	Sasseur	0.815	0.93	Buy	DCF
02/24/20	Kim Eng	Sasseur	0.815	0.95	Buy
02/24/20	DMG & Partners	Sembcorp Industries	2.01	2.33	Buy	Sum of parts, PER10x FY20
02/24/20	phillip	Sheng Siong	1.29	1.41	Accumulate	PER25x FY20
02/24/20	DMG & Partners	Sheng Siong	1.29	1.42	Buy	DCF & PER22x
02/24/20	DBS Vickers	Sheng Siong	1.29	1.45	Buy	PER25x FY20
02/24/20	Lim & Tan	ST Engineering	4.24	0	Hold
02/24/20	Phillip	Starhub	1.52	1.7	Accumlate	EV/Ebitda6.5x FY20
02/24/20	phillip	UOB	25.68	27.8	Accumulate	GGM, PB1.2x FY20
02/24/20	DMG & Partners	UOB	25.68	25.2	Neutral	GGM, PB1.07x FY20
02/24/20	DBS Vickers	UOB	25.68	27.2	Buy	GGM, PB1.1x FY20
02/24/20	DMG & Partners	Venture	16.77	19.3	Buy	PER15x FY20
02/24/20	UOB Kay Hian	Venture	16.77	19.62	Buy
02/24/20	UOB Kay Hian	Wilmar	4.11	4.6	Buy
02/24/20	DBS Vickers	Wilmar	4.11	4.6	Buy	Sum of parts, PER17.1x FY20

Italy has fallen!

Italy is having a major virus outbreak now!

Italy will be severely affected by this outbreak because it is already facing a recession.  Furthermore, its government doesn't have a strong resolution like China to contain the outbreak.