Frasers Hospitality Trust - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
11/07/22	DBS Vickers	Frasers Hospitality Trust	0.45	0.58	Buy	DCF
02/10/23	Kim Eng	Frasers Hospitality Trust	0.49	0.54	Buy	DDM
04/28/23	DBS Vickers	Frasers Hospitality Trust	0.475	0.58	Buy
08/07/23	DBS Vickers	Frasers Hospitality Trust	0.48	0.58	Buy

Stock calls for 25 September 2023

Date	Analyst	Company	Last	Target	Call	Valuation
09/25/23	DBS Vickers	ART	0.975	1.3	Buy
09/25/23	Amfrasers	Banyan Tree	0.4	0.415	Buy
09/25/23	OCBC	Boustead	0.84	1.05	Buy	Sum of parts
09/25/23	OCBC	Dyna-Mac	0.37	0.505	Buy
09/25/23	DBS Vickers	Frasers Centrepoint Trust	2.18	2.6	Buy
09/25/23	Lim & Tan	Frasers Centrepoint Trust	2.18	2.37	Hold
09/25/23	DBS Vickers	Genting	0.85	1	Hold
09/25/23	DBS Vickers	Mapletree Commercial	1.45	2	Buy
09/25/23	DBS Vickers	Mapletree Industrial	2.28	2.6	Buy
09/25/23	UOB Kay Hian	Marco Polo	0.05	0.06	Buy	PB1.3x FY24
09/25/23	Citi Research	Nanofilm	0.95	0.85	Sell
09/25/23	DMG & Partners	ST Engineering	3.83	4.5	Buy

An indicator is showing that the US market downturn is coming!

The US job openings and S&P500 have a strong positive correlation.  The US job openings have been declining but the S&P500 has not yet reacted.  Thus, it is possible that the S&P500 will react to the significant fall in US job openings.

Baltic dry index - 1593

Related stock: Sembcorp Marine, Cosco & Pan Ocean.

US rig count (weekly) - 630

Related stock: Sembcorp Marine & Cosco.

Frasers Centrepoint Trust - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/01/22	UOB Kay Hian	Frasers Centrepoint Trust	2.29	2.74	Buy
07/01/22	DMG & Partners	Frasers Centrepoint Trust	2.29	2.45	Neutral	DDM
07/28/22	DBS Vickers	Frasers Centrepoint Trust	2.32	2.8	Buy
07/28/22	CIMB	Frasers Centrepoint Trust	2.32	2.75	Add	DDM
07/29/22	OCBC	Frasers Centrepoint Trust	2.35	2.55	Buy
07/29/22	Kim Eng	Frasers Centrepoint Trust	2.35	2.8	Buy
08/31/22	UOB Kay Hian	Frasers Centrepoint Trust	2.26	2.74	Buy	DDM
09/13/22	UOB Kay Hian	Frasers Centrepoint Trust	2.29	2.74	Buy	DDM
09/13/22	DBS Vickers	Frasers Centrepoint Trust	2.29	2.8	Buy
09/14/22	CIMB	Frasers Centrepoint Trust	2.28	2.75	Add	DDM
09/19/22	Phillip	Frasers Centrepoint Trust	2.26	2.38	Accumulate	DDM
09/27/22	UOB Kay Hian	Frasers Centrepoint Trust	2.23	2.56	Buy
10/03/22	UOB Kay Hian	Frasers Centrepoint Trust	2.17	2.56	Buy
10/26/22	Lim & Tan	Frasers Centrepoint Trust	2.01	2.48	Accumulate
10/27/22	DBS Vickers	Frasers Centrepoint Trust	2.07	2.6	Buy
10/27/22	CIMB	Frasers Centrepoint Trust	2.07	2.48	Add	DDM
10/31/22	UOB Kay Hian	Frasers Centrepoint Trust	2.08	2.46	Buy	DDM
11/04/22	GS	Frasers Centrepoint Trust	1.96	0	Sell
11/28/22	CLSA	Frasers Centrepoint Trust	2.06	2.1	Underperform	cut from $2.30
11/28/22	OCBC	Frasers Centrepoint Trust	2.06	2.36	Buy
12/05/22	DMG & Partners	Frasers Centrepoint Trust	2.01	2.09	Neutral	DDM
12/06/22	Kim Eng	Frasers Centrepoint Trust	2.05	2.8	Buy
12/06/22	Citi Research	Frasers Centrepoint Trust	2.05	2.13	Hold
01/18/23	DBS Vickers	Frasers Centrepoint Trust	2.12	2.6	Buy
01/30/23	UOB Kay Hian	Frasers Centrepoint Trust	2.24	2.52	Buy	DDM
01/30/23	CIMB	Frasers Centrepoint Trust	2.24	2.59	Add	DDM
01/30/23	DMG & Partners	Frasers Centrepoint Trust	2.24	2.1	Neutral	DDM
01/30/23	Citi Research	Frasers Centrepoint Trust	2.24	2.13	Hold
01/30/23	OCBC	Frasers Centrepoint Trust	2.24	2.28	Hold
02/03/23	Phillip	Frasers Centrepoint Trust	2.25	2.31	Accumulate	DDM
02/10/23	Kim Eng	Frasers Centrepoint Trust	2.19	2.4	Buy	DDM
04/06/23	CIMB	Frasers Centrepoint Trust	2.3	2.62	Add	DDM
04/24/23	DBS Vickers	Frasers Centrepoint Trust	2.31	2.6	Buy
04/26/23	Lim & Tan	Frasers Centrepoint Trust	2.32	0	Hold
04/27/23	UOB Kay Hian	Frasers Centrepoint Trust	2.28	2.52	Buy	DDM
04/27/23	DMG & Partners	Frasers Centrepoint Trust	2.28	2.1	Neutral	DDM
04/28/23	Phillip	Frasers Centrepoint Trust	2.21	2.35	Accumulate	DDM
04/28/23	OCBC	Frasers Centrepoint Trust	2.21	2.41	Buy
05/19/23	Citi Research	Frasers Centrepoint Trust	2.23	2.3	Hold
07/04/23	Kim Eng	Frasers Centrepoint Trust	2.17	2.35	Buy	DDM
07/26/23	DBS Vickers	Frasers Centrepoint Trust	2.19	2.6	Buy
07/26/23	OCBC	Frasers Centrepoint Trust	2.19	2.41	Buy
07/27/23	Phillip	Frasers Centrepoint Trust	2.19	2.35	Accumulate	DDM
07/28/23	CIMB	Frasers Centrepoint Trust	2.19	2.62	Add
08/01/23	UOB Kay Hian	Frasers Centrepoint Trust	2.16	2.52	Buy	DDM
08/30/23	DBS Vickers	Frasers Centrepoint Trust	2.21	2.6	Buy	DCF
08/31/23	UOB Kay Hian	Frasers Centrepoint Trust	2.21	2.5	Buy	DDM
08/31/23	Citi Research	Frasers Centrepoint Trust	2.21	2.51	Buy	DDM, PB1.08x
08/31/23	Kim Eng	Frasers Centrepoint Trust	2.21	2.35	Buy
08/31/23	DMG & Partners	Frasers Centrepoint Trust	2.21	2.13	Neutral