Japan Foods - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/04/22	DMG & Partners	Japan Foods	0.425	0.55	Buy	Sum of parts
11/21/22	DMG & Partners	Japan Foods	0.425	0.6	Buy
12/07/22	DMG & Partners	Japan Foods	0.425	0.6	Buy	Sum of parts
03/10/23	DMG & Partners	Japan Foods	0.425	0.6	Buy	Sum of parts
05/29/23	DMG & Partners	Japan Foods	0.435	0.65	Buy
06/27/23	DMG & Partners	Japan Foods	0.43	0.65	Buy	Sum of parts
09/05/23	DMG & Partners	Japan Foods	0.395	0.45	Buy

Ix Biopharma - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
10/03/22	Phillip	Ix Biopharma	0.131	0.25	Buy	DCF

Isoteam - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
09/15/22	DMG & Partners	Isoteam	0.097	0.12	Buy	PER9x FY23
02/21/23	DMG & Partners	Isoteam	0.097	0.12	Buy	PER9x FY24
06/28/23	DMG & Partners	Isoteam	0.056	0.12	Buy	PER9x FY24
08/22/23	Lim & Tan	Isoteam	0.044	0.09	Buy
08/28/23	Lim & Tan	Isoteam	0.045	0.087	Buy
09/06/23	Lim & Tan	Isoteam	0.043	0.087	Buy
09/29/23	DMG & Partners	Isoteam	0.042	0.05	Buy

Stock calls for 6 October 2023

Date	Analyst	Company	Last	Target	Call	Valuation
10/06/23	Lim & Tan	ART	0.92	1.23	Accumulate
10/06/23	UOB Kay Hian	DBS	33.27	44.35	Buy
10/06/23	UOB Kay Hian	OCBC	12.75	18.22	Buy

US mortgage rate (30 years) had breached 8%.

The high mortgage rate will impact the US property market (Residential and Commercial).   The US residential property loan can be locked in for a long period but not for commercial property loan.  Thus, there will be a reduction in new residential mortgage loans and many existing commercial property loans will become non-performance loans when they're up for loan refinance.  Overall, the US property market is in a dicey position now.

ISDN - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/16/22	CIMB	ISDN	0.48	0.61	Add
11/10/22	CIMB	ISDN	0.385	0.39	Hold	PER8.6x FY23
11/21/22	CIMB	ISDN	0.385	0.42	Hold
01/05/23	CIMB	ISDN	0.475	0.55	Add	PER8.9x
01/16/23	CIMB	ISDN	0.565	0.61	Add
02/28/23	CIMB	ISDN	0.52	0.61	Add
04/18/23	CIMB	ISDN	0.505	0.61	Add
06/19/23	Lim & Tan	ISDN	0.515	0.61	Buy
06/27/23	CIMB	ISDN	0.51	0.37	Reduce	PER9.5x
07/31/23	UOB Kay Hian	ISDN	0.445	0.365	Buy
08/22/23	CIMB	ISDN	0.385	0.36	Reduce