Yangzijiang - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/04/21	DBS Vickers	Yangzijiang	0.955	1.4	Buy
01/04/21	UOB Kay Hian	Yangzijiang	0.955	1.17	Buy
02/09/21	DBS Vickers	Yangzijiang	0.975	1.4	Buy
02/09/21	Citi Research	Yangzijiang	0.975	1.4	Buy
02/09/21	UOB Kay Hian	Yangzijiang	0.975	1.17	Buy
02/09/21	CIMB	Yangzijiang	0.975	1.37	Add	Sum of parts
02/09/21	Lim & Tan	Yangzijiang	0.975	0	Accumulate
03/01/21	UOB Kay Hian	Yangzijiang	1.07	1.25	Buy
03/01/21	DBS Vickers	Yangzijiang	1.07	1.5	Buy	Sum of parts
03/02/21	CIMB	Yangzijiang	1.08	1.54	Add	PB0.8x FY21
03/08/21	UOB Kay Hian	Yangzijiang	1.08	1.36	Buy	PER10x
03/08/21	Citi Research	Yangzijiang	1.08	1.45	Buy
04/21/21	UOB Kay Hian	Yangzijiang	1.36	1.76	Buy	PB
04/30/21	OCBC	Yangzijiang	1.46	1.45	Hold	Up from $1.18
05/03/21	UOB Kay Hian	Yangzijiang	1.43	1.76	Buy
05/03/21	Citi Research	Yangzijiang	1.43	1.73	Buy
05/04/21	DBS Vickers	Yangzijiang	1.47	1.8	Buy	Sum of parts
05/04/21	CIMB	Yangzijiang	1.47	1.63	Add
05/20/21	UOB Kay Hian	Yangzijiang	1.43	1.76	Buy	PB0.9x
06/07/21	UOB Kay Hian	Yangzijiang	1.47	1.76	Buy
06/15/21	DBS Vickers	Yangzijiang	1.4	1.8	Buy
06/25/21	CIMB	Yangzijiang	1.39	1.63	Add	PB1x
07/01/21	UOB Kay Hian	Yangzijiang	1.41	1.9	Buy	PER9.3x, PB1x FY22
07/22/21	Lim & Tan	Yangzijiang	1.36	1.64	Accumulate
07/22/21	Citi Research	Yangzijiang	1.36	1.8	Buy
08/02/21	DBS Vickers	Yangzijiang	1.37	1.8	Buy	Sum of parts, PER10x FY21
08/02/21	CIMB	Yangzijiang	1.37	1.91	Add	Sum of parts
08/10/21	UOB Kay Hian	Yangzijiang	1.5	2	Buy
08/12/21	DBS Vickers	Yangzijiang	1.49	1.95	Buy	Sum of parts
08/12/21	OCBC	Yangzijiang	1.49	1.63	Hold
09/03/21	DBS Vickers	Yangzijiang	1.66	1.95	Buy
09/06/21	CIMB	Yangzijiang	1.62	1.91	Add	Sum of parts
09/20/21	UOB Kay Hian	Yangzijiang	1.48	2	Buy	PER
10/01/21	DBS Vickers	Yangzijiang	1.38	1.95	Buy
11/02/21	DBS Vickers	Yangzijiang	1.4	1.95	Buy
11/02/21	CIMB	Yangzijiang	1.4	1.91	Add	Sum of parts
11/30/21	UOB Kay Hian	Yangzijiang	1.3	2	Buy
12/02/21	Citi Research	Yangzijiang	1.29	1.8	Buy	Sum of parts
12/08/21	DBS Vickers	Yangzijiang	1.32	1.95	Buy
12/10/21	CIMB	Yangzijiang	1.31	1.91	Add
01/26/22	DBS Vickers	Yangzijiang	1.26	1.95	Buy
01/26/22	UOB Kay Hian	Yangzijiang	1.26	2	Buy

Wing Tai - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/21/21	Jefferies	Wing Tai	1.98	2.4	Buy
04/27/21	UOB Kay Hian	Wing Tai	1.93	2.04	Buy	RNAV (30% discount)
08/27/21	Lim & Tan	Wing Tai	1.83	2	Accumulate

Stock calls for 17 February 2022

Date	Analyst	Company	Last	Target	Call	Valuation
02/17/22	Amfrasers	Hour Glass	2.01	2.32	Buy	DCF
02/17/22	UOB Kay Hian	Ifast Corp	6.36	9.84	Buy	DCF
02/17/22	CIMB	Lendlease Reit	0.84	0.954	Add
02/17/22	Phillip	Manulife US Reit	0.665	0.86	Buy	DDM
02/17/22	CIMB	Netlink	0.975	1.1	Add
02/17/22	DBS Vickers	OUE Commercial	0.43	0.5	Buy	DCF
02/17/22	DBS Vickers	Prime US Reit	0.83	1	Buy
02/17/22	CIMB	Singtel	2.55	3.3	Add
02/17/22	Kim Eng	Singtel	2.55	2.98	Buy
02/17/22	Phillip	Singtel	2.55	2.86	Accumulate	Sum of parts
02/17/22	Citi Research	Singtel	2.55	3.56	Buy	Sum of parts (10% discount)
02/17/22	OCBC	Singtel	2.55	2.98	Buy
02/17/22	CIMB	UG Healthcare	0.27	0.42	Add
02/17/22	DBS Vickers	UOB	32.75	37	Buy	GGM, PB1.4x FY22
02/17/22	OCBC	UOB	32.75	36.5	Buy
02/17/22	Kim Eng	UOB	32.75	36.69	Buy

Singapore Nodx increased 17.6% yoy in January 2022.

https://www.theedgesingapore.com/news/singapore-economy/singapores-nodx-176-january-expands-121-2021

Year on year changes (YOY):

January 2022: 17.6%

December 2021: 18.4%

November 2021: 24.2%

October 2021: 17.9%

September 2021: 12.3%

August 2021: 2.7%

July 2021: 12.7%

June 2021: 15.9%

May 2021: 8.8%

April 2021: 6%

March 2021: 12.1%

February 2021: 4.2%

January 2021: 12.8%

December 2020: 6.8%

November 2020: -4.9%

October 2020: -3.1%

September 2020: 5.9%

August 2020: 7.7%

July 2020: 6%

June 2020: 16.1% (Revised to 13.9%)

May 2020: -4.6%

April 2020: 9.7%

March 2020: 17.6%

February 2020: 3% (Revised to 3.1%)

January 2020: - 3.3%

December 2019: 2.4%

November 2019: - 5.9%

October 2019: - 12.3%

September 2019: -8.1%

August 2019: - 8.9%

July 2019: -11.2%

June 2019: -17.3%

May 2019: -15.9%

April 2019: -10%

March 2019: -11.7%

February 2019: 4.9%

January 2019: -10.1%

December 2018: -8.5%

November 2018: -2.6%

October 2018: 8.3%

September 2018: 8.3%

August 2018: 5%

July 2018: 11.8% (Corrected)

June 2018: 1.1%

May 2018: 15.5%

April 2018: 11.8%

March 2018: -2.7%

February 2018: -5.9%

January 2018: 13%

December 2017: 3.1%

November 2017: 9.1%

October 2017: 20.9%

September 2017: -1.1%

August 2017: 16.7%

July 2017: 8.5%

June 2017: 8.2%

May 2017: -1.2%

Apr 2017: -0.7%

Mar 2017: 16.5%

Feb 2017: 21.1%