Starhub - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/09/21	DBS Vickers	Starhub	1.23	1.38	Buy
08/10/21	CIMB	Starhub	1.25	1.65	Add
08/10/21	DMG & Partners	Starhub	1.25	1.35	Neutral
08/10/21	Kim Eng	Starhub	1.25	1.25	Hold	DCF
08/10/21	Phillip	Starhub	1.25	1.24	Neutral	Ev/Ebitda 6x
08/10/21	UOB Kay Hian	Starhub	1.25	1.3	Hold	Buy @ $1.15
09/13/21	CIMB	Starhub	1.22	1.65	Add	DCF
09/23/21	DBS Vickers	Starhub	1.23	1.44	Buy
09/23/21	DMG & Partners	Starhub	1.23	1.35	Neutral
09/23/21	Lim & Tan	Starhub	1.23	0	Hold
09/23/21	UOB Kay Hian	Starhub	1.23	1.3	Hold	Buy @ $1.15
09/27/21	Phillip	Starhub	1.24	1.24	Neutral	EV/Ebitda6x FY21
10/11/21	CIMB	Starhub	1.23	1.65	Add
10/27/21	DBS Vickers	Starhub	1.24	1.6	Buy	DCF
11/11/21	CIMB	Starhub	1.26	1.7	Add	DCF
11/11/21	DBS Vickers	Starhub	1.26	1.6	Buy
11/12/21	UOB Kay Hian	Starhub	1.28	1.3	Hold
11/15/21	Phillip	Starhub	1.28	1.24	Neutral	EV/Ebitda6x FY21
01/25/22	UOB Kay Hian	Starhub	1.3	1.3	Hold	DCF
02/14/22	DBS Vickers	Starhub	1.33	1.31	Hold	DCF
02/14/22	Kim Eng	Starhub	1.33	1.45	Hold
02/14/22	Phillip	Starhub	1.33	1.35	Neutral	EV/Ebitda8x FY22
02/14/22	UOB Kay Hian	Starhub	1.33	1.3	Hold	DCF
02/15/22	Citi Research	Starhub	1.28	1.16	Sell
02/15/22	DMG & Partners	Starhub	1.28	1.29	Neutral
02/15/22	CIMB	Starhub	1.28	1.4	Hold
03/09/22	UOB Kay Hian	Starhub	1.23	1.3	Hold
03/09/22	Kim Eng	Starhub	1.23	1.29	Hold
05/04/22	Phillip	Starhub	1.26	1.35	Accumulate	EV/Ebitda8x FY22
05/05/22	DMG & Partners	Starhub	1.26	1.29	Neutral	DCF
05/05/22	CIMB	Starhub	1.26	1.4	Hold	DCF (20% disc)
05/05/22	Kim Eng	Starhub	1.26	1.32	Hold
08/05/22	UOB Kay Hian	Starhub	1.26	1.3	Hold	DCF
08/05/22	DBS Vickers	Starhub	1.26	1.31	Hold
08/05/22	DMG & Partners	Starhub	1.26	1.2	Neutral	DCF
08/08/22	Phillip	Starhub	1.24	1.35	Accumulate	EV/Ebitda8x FY22
08/08/22	Kim Eng	Starhub	1.24	1.32	Hold
10/03/22	Kim Eng	Starhub	1.1	1.32	Buy
10/05/22	Citi Research	Starhub	1.13	1.16	Hold
11/10/22	Kim Eng	Starhub	1.05	1.33	Buy
11/10/22	DMG & Partners	Starhub	1.05	1.07	Neutral	DCF
11/11/22	CIMB	Starhub	1.03	1.1	Hold
11/11/22	DBS Vickers	Starhub	1.03	1.02	Hold
11/14/22	Phillip	Starhub	1.03	1.15	Accumulate	EV/Ebitda7x FY22

Starhill - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/13/21	DBS Vickers	Starhill	0.595	0.75	Buy	DCF
08/02/21	CIMB	Starhill	0.62	0.71	Add	DDM
08/04/21	DBS Vickers	Starhill	0.62	0.75	Buy	DCF
08/04/21	DMG & Partners	Starhill	0.62	0.68	Buy
10/28/21	CIMB	Starhill	0.645	0.71	Add	DDM
01/26/22	CIMB	Starhill	0.635	0.71	Add
01/26/22	DBS Vickers	Starhill	0.635	0.75	Buy
01/26/22	DMG & Partners	Starhill	0.585	0.68	Buy	DDM
04/29/22	DBS Vickers	Starhill	0.595	0.75	Buy
08/01/22	DBS Vickers	Starhill	0.595	0.75	Buy
08/03/22	CIMB	Starhill	0.6	0.66	Add	DDM
09/09/22	DMG & Partners	Starhill	0.58	0.68	Buy	DDM
10/28/22	DBS Vickers	Starhill	0.515	0.68	Buy
11/01/22	CIMB	Starhill	0.515	0.58	Add	DDM
11/08/22	OCBC	Starhill	0.525	0.55	Buy	Cut from $0.64

Stamford Land - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/04/22	Lim & Tan	Stamford Land	0.365	0	Subscribe rights	Rights @ $0.34
07/12/22	Lim & Tan	Stamford Land	0.395	0	Hold
08/24/22	Lim & Tan	Stamford Land	0.37	0	Accumulate

Stock calls for 21 November 2022

Date	Analyst	Company	Last	Target	Call	Valuation
11/21/22	Phillip	APTV	0.109	0.13	Buy	EV/Ebitda8.5x FY23
11/21/22	UOB Kay Hian	CSE Global	0.35	0.37	Hold	PER13x FY23
11/21/22	DBS Vickers	Digicore Reit	0.585	0.9	Buy
11/21/22	DBS Vickers	EC World Reit	0.485	0.4	Fully Valued
11/21/22	CIMB	ISDN	0.385	0.42	Hold
11/21/22	DMG & Partners	Japan Foods	0.425	0.6	Buy
11/21/22	phillip	SATS	2.69	3.02	Accumulate	PER18.5x FY24

Baltic dry index - 1189

Related stock: Sembcorp Marine, Cosco & Pan ocean.

US rig count (weekly) - 782

Related stock: Sembcorp Marine & Cosco.

ST Group Food - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
11/30/21	SAC Capital	ST Group Food	0.15	0.26	Buy	DCF