Singapore Stock Exchange - Equity Investments

Thursday, February 9, 2023

Raffles Medical - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/22/22	DBS Vickers	Raffles Medical	1.3	1.63	Buy	PER40x FY22
02/22/22	Kim Eng	Raffles Medical	1.3	1.5	Buy	DCF
02/22/22	UOB Kay Hian	Raffles Medical	1.3	1.31	Hold	DCF
02/23/22	DMG & Partners	Raffles Medical	1.23	1.55	Buy	PER40x FY22
02/23/22	OCBC	Raffles Medical	1.23	1.65	Buy
02/23/22	phillip	Raffles Medical	1.23	1.27	Neutral	DCF
02/24/22	CIMB	Raffles Medical	1.21	1.33	Hold
03/03/22	Lim & Tan	Raffles Medical	1.16	1.42	Accumulate
03/30/22	UOB Kay Hian	Raffles Medical	1.17	1.34	Hold
06/20/22	DMG & Partners	Raffles Medical	1.12	1.5	Buy	DCF
07/12/22	CIMB	Raffles Medical	1.11	1.27	Add
07/25/22	DMG & Partners	Raffles Medical	1.12	1.5	Buy	DCF
08/02/22	UOB Kay Hian	Raffles Medical	1.2	1.42	Buy	PER24.5x
08/02/22	DBS Vickers	Raffles Medical	1.2	1.64	Buy	PER26x
08/02/22	Kim Eng	Raffles Medical	1.2	1.57	Buy
08/02/22	DMG & Partners	Raffles Medical	1.2	1.65	Buy	DCF
08/02/22	Lim & Tan	Raffles Medical	1.2	0	Accumulate
08/02/22	CIMB	Raffles Medical	1.2	1.5	Add
08/03/22	phillip	Raffles Medical	1.25	1.46	Buy	DCF
08/11/22	OCBC	Raffles Medical	1.33	1.5	Buy	DCF
09/01/22	DMG & Partners	Raffles Medical	1.39	1.65	Buy	DCF, PER33x FY23
10/13/22	DMG & Partners	Raffles Medical	1.26	1.6	Buy	DCF
10/21/22	DBS Vickers	Raffles Medical	1.23	1.63	Buy
10/25/22	CIMB	Raffles Medical	1.21	1.6	Add	EV/Ebitda15x FY24
11/01/22	UOB Kay Hian	Raffles Medical	1.33	1.58	Buy	PER24.2x FY23
11/01/22	DBS Vickers	Raffles Medical	1.33	1.64	Buy	PER22x FY23
11/01/22	CIMB	Raffles Medical	1.33	1.6	Add
11/02/22	DMG & Partners	Raffles Medical	1.34	1.65	Buy	DCF
11/03/22	OCBC	Raffles Medical	1.33	1.5	Buy
11/03/22	Kim Eng	Raffles Medical	1.33	1.6	Buy
12/15/22	Kim Eng	Raffles Medical	1.39	1.6	Buy
12/20/22	DMG & Partners	Raffles Medical	1.36	1.65	Buy
01/05/23	DMG & Partners	Raffles Medical	1.4	1.65	Buy
01/16/23	UOB Kay Hian	Raffles Medical	1.37	1.58	Buy	PER24.2x FY23
01/31/23	Kim Eng	Raffles Medical	1.46	1.6	Buy	DCF
02/03/23	DMG & Partners	Raffles Medical	1.5	1.65	Buy	DCF

Q&M - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/07/22	phillip	Q&M	0.615	0.82	Buy
01/17/22	Lim & Tan	Q&M	0.61	0.8	Buy
01/24/22	UOB Kay Hian	Q&M	0.605	0.78	Buy
02/11/22	CIMB	Q&M	0.565	0.785	Add	PER22x FY23
02/23/22	DBS Vickers	Q&M	0.57	0.8	Buy
02/25/22	DBS Vickers	Q&M	0.53	0.72	Buy
04/14/22	Lim & Tan	Q&M	0.525	0.74	Accumulate
05/12/22	DBS Vickers	Q&M	0.495	0.72	Buy
05/12/22	CIMB	Q&M	0.495	0.73	Add
05/12/22	Lim & Tan	Q&M	0.495	0.72	Hold
05/23/22	phillip	Q&M	0.5	0.71	Buy	PER25x FY22
08/16/22	DBS Vickers	Q&M	0.44	0.53	Hold	sum of parts, PER20x FY23
08/16/22	CIMB	Q&M	0.44	0.73	Add
08/19/22	CIMB	Q&M	0.425	0.44	Hold
08/22/22	phillip	Q&M	0.405	0.6	Buy
10/13/22	CIMB	Q&M	0.32	0.44	Add	PER20x FY23
11/14/22	DBS Vickers	Q&M	0.35	0.53	Hold
11/15/22	CIMB	Q&M	0.34	0.45	Add	PER20x FY24
11/17/22	phillip	Q&M	0.34	0.52	Buy	PER25x FY22
11/17/22	DBS Vickers	Q&M	0.34	0.4	Hold	Sum of parts

Stock calls for 8 February 2023

Date	Analyst	Company	Last	Target	Call	Valuation
02/08/23	DBS Vickers	Ascendas India Trust	1.18	1.5	Buy
02/08/23	DBS Vickers	CapitaRetail China	1.23	1.45	Buy
02/08/23	DBS Vickers	Hutchison Port	0.21	0.37	Buy
02/08/23	Citi Research	Keppel Corp	7.11	8.66	Buy
02/08/23	UOB Kay Hian	Lendlease Reit	0.735	0.87	Buy	DDM
02/08/23	DBS Vickers	Lendlease Reit	0.735	1	Buy
02/08/23	CIMB	Lendlease Reit	0.735	0.88	Add	DDM
02/08/23	DBS Vickers	Manulife US Reit	0.325	0.48	Buy
02/08/23	UOB Kay Hian	Starhub	1.11	1.35	Buy	DCF
02/08/23	DBS Vickers	Starhub	1.11	1.05	Hold	DCF
02/08/23	DMG & Partners	Starhub	1.11	1.11	Neutral	DCF
02/08/23	Citi Research	Starhub	1.11	1.1	Hold
02/08/23	CIMB	Starhub	1.11	1.15	Hold
02/08/23	Kim Eng	Starhub	1.11	1.15	Hold