Stock calls for 6 October 2021

Date	Analyst	Company	Last	Target	Call	Valuation
10/05/21	DMG & Partners	China Aviation Oil	0.95	1.08	Buy
10/05/21	CIMB	City Developments	6.92	8.97	Add	RNAV
10/05/21	DMG & Partners	Food Empire	0.77	1.23	Buy	PER15x FY22
10/05/21	Lim & Tan	Q&M	0.565	0.85	Buy
10/05/21	DBS Vickers	SPH Reit	0.93	0.92	Hold
10/05/21	Lim & Tan	SPH Reit	0.93	0.95	Hold
10/05/21	UOB Kay Hian	ST Engineering	3.88	4.05	Buy
10/05/21	DMG & Partners	ST Engineering	3.88	4.85	Buy
10/05/21	Citi Research	ST Engineering	3.88	3.65	Sell	PER20x FY22

Baltic dry index - 5202

 Related stock: Sembcorp Marine, Cosco & Pan ocean.

US rig count (weekly) - 528

 Related stock: Sembcorp Marine & Cosco.

JEP - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
10/27/20	UOB Kay Hian	JEP	0.175	0.2	Buy

Jardine Matheson - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
12/02/20	CIMB	Jardine Matheson	54.52	54.68	Hold	PB0.85x
03/09/21	CIMB	Jardine Matheson	62	54.68	Hold	PB0.85x

Japfa - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
10/13/20	CIMB	Japfa	0.65	0.96	Add
11/02/20	UOB Kay Hian	Japfa	0.645	0.98	Buy	Sum of parts
11/02/20	DBS Vickers	Japfa	0.645	1.03	Buy	sum of parts, PER11.3x FY21
12/08/20	UOB Kay Hian	Japfa	0.805	1	Buy	Sum of parts
12/08/20	DBS Vickers	Japfa	0.805	1.03	Buy	sum of parts, PER11.3x FY21
12/10/20	CIMB	Japfa	0.825	1	Add
03/02/21	CIMB	Japfa	0.935	1.18	Add
03/03/21	UOB Kay Hian	Japfa	0.94	1.17	Buy	Sum of parts, PER8.2x FY20
04/08/21	CIMB	Japfa	0.9	1.18	Add
05/03/21	CIMB	Japfa	0.915	1.22	Add
05/03/21	UOB Kay Hian	Japfa	0.915	1.17	Buy
07/02/21	CIMB	Japfa	0.82	1.22	Add	PER11.5x FY22
08/02/21	CIMB	Japfa	0.765	1.06	Add
08/03/21	UOB Kay Hian	Japfa	0.735	0.77	Hold	Sum of parts
08/25/21	DBS Vickers	Japfa	0.675	1.05	Buy	Sum of parts, PER8x FY21/22
09/09/21	CIMB	Japfa	0.71	1.06	Add	PER10x FY22

Stock calls for 4 October 2021

Date	Analyst	Company	Last	Target	Call	Valuation
10/04/21	Kim Eng	AIMS AMP Cap Ind Reit	1.42	1.6	Buy	DDM
10/04/21	UOB Kay Hian	ART	0.92	1.16	Buy
10/04/21	Macquarie	City Developments	6.81	9.55	Outperform	RNAV
10/04/21	UOB Kay Hian	Far East Hospitality	0.6	0.71	Buy
10/04/21	UOB Kay Hian	Frasers Centrepoint Trust	2.25	3.06	Buy
10/04/21	UOB Kay Hian	Lendlease Reit	0.85	1.01	Buy
10/04/21	Lim & Tan	Rex	0.21	0.38	Buy
10/04/21	DBS Vickers	Riverstone	0.885	1.28	Buy	PER10x FY22/23
10/04/21	CIMB	Singtel	2.43	2.9	Add	Sum of parts
10/04/21	DMG & Partners	Singtel	2.43	3.37	Buy
10/04/21	CIMB	ST Engineering	3.78	4.54	Add
10/04/21	DBS Vickers	ST Engineering	3.78	4.55	Buy	Sum of parts
10/04/21	Lim & Tan	ST Engineering	3.78	0	Hold
10/04/21	Lim & Tan	Tiong Woon	0.475	0	Buy
10/04/21	Macquarie	UOL	6.79	9.4	Outperform	RNAV
10/04/21	CIMB	Wilmar	4.12	6.15	Add