Stock calls for 24 November 2023

Date	Analyst	Company	Last	Target	Call	Valuation
11/24/23	DBS Vickers	City Developments	6.21	10.5	Buy
11/24/23	CIMB	City Developments	6.21	8.97	Add	RNAV
11/24/23	Lim & Tan	City Developments	6.21	7.95	Accumulate
11/24/23	Kim Eng	Frencken	1.16	1.39	Buy
11/24/23	Citi Research	SATS	2.74	3.01	Buy	PER20x FY24
11/24/23	Phillip	Thai Beverage	0.535	0.67	Buy	PER16x FY24
11/24/23	UOB Kay Hian	Thai Beverage	0.535	0.7	Buy	Sum of parts
11/24/23	DBS Vickers	Thai Beverage	0.535	0.72	Buy	PER15.9x

Bukit Sembawang - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/24/23	Lim & Tan	Bukit Sembawang	4.05	5.92	Buy

BRC Asia - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/13/23	CIMB	BRC Asia	1.83	2.5	Add
02/09/23	DBS Vickers	BRC Asia	1.86	2.22	Buy
02/09/23	Lim & Tan	BRC Asia	1.86	0	Hold
02/13/23	CIMB	BRC Asia	1.82	2.4	Add	PER6x CY24
02/16/23	Phillip	BRC Asia	1.84	2.14	Buy	PER7x FY23
03/10/23	UOB Kay Hian	BRC Asia	1.77	1.66	Hold	PER7x FY23
05/11/23	DBS Vickers	BRC Asia	1.65	2.22	Buy
05/11/23	CIMB	BRC Asia	1.65	2.2	Add
05/12/23	Lim & Tan	BRC Asia	1.65	0	Neutral
05/17/23	DBS Vickers	BRC Asia	1.64	1.89	Buy	PER8x FY23/24
05/18/23	Phillip	BRC Asia	1.63	1.99	Buy	DCF
05/18/23	UOB Kay Hian	BRC Asia	1.63	1.73	Hold	PER7x FY23
08/07/23	DBS Vickers	BRC Asia	1.67	1.89	Buy
08/11/23	Phillip	BRC Asia	1.68	1.99	Buy
08/17/23	UOB Kay Hian	BRC Asia	1.66	1.73	Hold	PER7x FY23
11/22/23	DBS Vickers	BRC Asia	1.65	1.89	Buy
11/22/23	CIMB	BRC Asia	1.65	2.3	Add	PER6x FY24

Boustead Projects - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/07/23	Lim & Tan	Boustead Projects	0.84	0.9	Hold	Offer @ $0.90