Innotek - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/15/23	Lim & Tan	Innotek	0.42	0	Accumulate
03/11/24	Lim & Tan	Innotek	0.445	0	Accumulate
04/12/24	Lim & Tan	Innotek	0.51	0	Accumulate

Indofood Agri - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
04/08/24	Lim & Tan	Indofood Agri	0.295	0	Accumulate

IHH Healthcare - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/01/23	DBS Vickers	IHH Healthcare	1.69	2.2	Buy
07/14/23	UOB Kay Hian	IHH Healthcare	1.64	1.99	Buy	Ringgit $6.80 target price
08/30/23	DBS Vickers	IHH Healthcare	1.75	2.2	Buy
12/04/23	DBS Vickers	IHH Healthcare	1.68	2.2	Buy
12/06/23	UOB Kay Hian	IHH Healthcare	1.67	1.844	Buy	Ringgit $6.40 target price, PER39.7x FY24
12/06/23	CIMB	IHH Healthcare	1.67	2.22	Add	Ringgit $7.70
03/01/24	DBS Vickers	IHH Healthcare	1.77	2.18	Buy	Ringgit $7.60 target price, Sum of parts

Stock calls for 20 May 2024

Date	Analyst	Company	Last	Target	Call	Valuation
05/20/24	DBS Vickers	APAC Realty	0.395	0.48	Hold
05/20/24	Phillip	ART	0.915	1.04	Accumulate
05/20/24	Kim Eng	Frencken	1.38	1.77	Buy
05/20/24	DMG & Partners	Frencken	1.38	1.81	Buy
05/20/24	DBS Vickers	Hongkong Land	3.42	3.98	Buy
05/20/24	UOB Kay Hian	Netlink	0.865	0.98	Buy	DCF
05/20/24	DBS Vickers	Netlink	0.865	0.98	Buy
05/20/24	Kim Eng	Netlink	0.865	0.97	Buy
05/20/24	DBS Vickers	Propnex	0.87	0.95	Hold	PER12x FY24
05/20/24	Lim & Tan	RE&S	0.265	0.36	Vote For	Offer price
05/20/24	Lim & Tan	Sembcorp Industries	5.26	6.77	Accumulate
05/20/24	DMG & Partners	SGX	9.24	10	Neutral	PER21x
05/20/24	Phillip	Suntec Reit	1.15	1.41	Buy
05/20/24	DBS Vickers	Yanlord	0.495	0.67	Buy

Baltic dry index - 1844

Related stock: Seatrium, Cosco & Pan Ocean.

US rig counts (weekly) - 604

Related stock: Seatrium & Cosco.

The worst looks set to be over for China.

The official China PMI and Caixin PM had been in the expansive territory (above 50) for the past few months.  This could mean that the worst was already over for China.  Moreover, China is implementing some stimulative policies to boost its GDP further to meet its 5% GDP growth in 2024.  Cheers!