Hwa Hong - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/17/22	Lim & Tan	Hwa Hong	0.29	0.37	Accept Offer	Offer price $0.37
06/08/22	Lim & Tan	Hwa Hong	0.4	0.4	Accept Offer	Offer price $0.4
06/20/22	UOB Kay Hian	Hwa Hong	0.395	0.4	Accept Offer	Offer price $0.4

Stock calls for 12 January 2023

Date	Analyst	Company	Last	Target	Call	Valuation
01/12/23	UOB Kay Hian	Civmec	0.58	1.1	Buy	PER11x FY23
01/12/23	DMG & Partners	SGX	9.08	9.3	Neutral	PER21x FY23
01/12/23	CIMB	Singapore Post	0.52	0.55	Hold
01/12/23	Lim & Tan	Singapore Post	0.52	0.53	Hold

World bank has a bleak outlook for 2023.

World bank has cut the world GDP growth by 41% to 1.7% in 2023 and China is the only bright spot on the chart.

Hutchison Port - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/10/22	DBS Vickers	Hutchison Port	0.26	0.37	Buy
02/15/22	OCBC	Hutchison Port	0.255	0.28	Buy
07/15/22	OCBC	Hutchison Port	0.24	0.26	Buy
07/27/22	DBS Vickers	Hutchison Port	0.24	0.37	Buy

HRnetGroup - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/08/22	CIMB	HRnetGroup	0.775	1.15	Add
03/02/22	DMG & Partners	HRnetGroup	0.775	1.01	Buy
03/02/22	Kim Eng	HRnetGroup	0.775	1.07	Buy
03/02/22	Phillip	HRnetGroup	0.775	1.18	Buy	PER12x FY22
04/05/22	DMG & Partners	HRnetGroup	0.775	1.01	Buy	PER14x FY22
04/05/22	Phillip	HRnetGroup	0.775	1.18	Buy
06/01/22	DMG & Partners	HRnetGroup	0.725	1.01	Buy	PER14x FY22
06/22/22	Phillip	HRnetGroup	0.775	1.18	Buy	PER12x FY22, Ex-cash
07/07/22	CIMB	HRnetGroup	0.78	1.15	Add
08/12/22	Kim Eng	HRnetGroup	0.775	1.07	Buy	PER15x FY23
08/15/22	Phillip	HRnetGroup	0.79	1.18	Buy	PER12x FY22, Ex-cash
08/15/22	CIMB	HRnetGroup	0.79	1.08	Add	PER15.7x FY23
08/17/22	DMG & Partners	HRnetGroup	0.79	1.01	Buy	PER14x FY22
09/16/22	DBS Vickers	HRnetGroup	0.78	1.08	Buy	PER11.5x FY22/23, Ex-cash
09/20/22	DMG & Partners	HRnetGroup	0.785	1.01	Buy	PER14x FY22
10/04/22	DBS Vickers	HRnetGroup	0.74	1.08	Buy
10/10/22	Kim Eng	HRnetGroup	0.75	1.07	Buy	PER15x FY23
01/05/23	Phillip	HRnetGroup	0.8	1.18	Buy

Hour Glass - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/17/22	Amfrasers	Hour Glass	2.01	2.32	Buy	DCF
03/15/22	DBS Vickers	Hour Glass	2	2.62	Buy	DCF & PER14.5x
05/30/22	DBS Vickers	Hour Glass	2.37	2.54	Hold	PER13.5x
11/03/22	DBS Vickers	Hour Glass	1.97	2.12	Hold	PER9x FY23/24

Stock calls for 11 January 2023

Date	Analyst	Company	Last	Target	Call	Valuation
01/11/23	CIMB	APAC Realty	0.595	0.77	Add	DCF & PER
01/11/23	Lim & Tan	Comfortdelgro	1.23	1.59	Buy
01/11/23	OCBC	Manulife US Reit	275	0.41	Buy
01/11/23	DBS Vickers	Netlink	0.835	0.98	Buy	Yield spread
01/11/23	JPM	OCBC	12.54	14	Overweight