Stock calls for 20 November 2023

Date	Analyst	Company	Last	Target	Call	Valuation
11/20/23	DMG & Partners	A-Reit	2.8	3.2	Buy	DDM
11/20/23	DMG & Partners	Bumitama	0.62	0.7	Buy
11/20/23	UOB Kay Hian	CDL Hospitality	1.01	1.41	Buy	DDM
11/20/23	Lim & Tan	Civmec	0.775	1.25	Accumulate
11/20/23	DMG & Partners	ESR-Reit	0.3	0.38	Buy
11/20/23	UOB Kay Hian	Far East Hospitality	0.64	0.76	Buy
11/20/23	DMG & Partners	First Resources	1.41	1.45	Neutral
11/20/23	DMG & Partners	Golden Agri	0.265	0.3	Buy
11/20/23	UOB Kay Hian	Keppel Reit	0.85	1.06	Buy	DDM
11/20/23	DMG & Partners	Keppel Reit	0.85	1.08	Buy
11/20/23	UOB Kay Hian	Lendlease Reit	0.575	0.8	Buy
11/20/23	DBS Vickers	Mapletree Industrial	2.27	2.6	Buy
11/20/23	UOB Kay Hian	Mapletree Industrial	2.27	2.69	Buy
11/20/23	DBS Vickers	Sabana	0.395	0.3	Fully Valued	DCF
11/20/23	Phillip	Silverlake	0.28	0.38	Buy	PER20x FY24
11/20/23	Kim Eng	Singtel	2.33	3.1	Buy
11/20/23	DMG & Partners	Singtel	2.33	3.2	Buy
11/20/23	DBS Vickers	Thai Beverage	0.525	0.75	Buy	Sum of parts
11/20/23	phillip	Vertex Tech	4.95	0	Fully Redeemed

US consumers have a bleak outlook. Let's take a look.

The US consumers are projecting a higher inflation (12-year high) in the future and the consumer sentiment index is at a 6-month low.

With the credit card delinquency rate rising, the US consumers are likely to cut back on their spendings in view of the bleak outlook.

Baltic dry index - 1820

Related stock: Seatrium, Cosco & Pan Ocean.

US rig count (weekly) - 618

Related stock: Seatrium & Cosco.

AIMS AMP Cap Ind Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/06/23	DMG & Partners	AIMS AMP Cap Ind Reit	1.27	1.48	Buy
01/25/23	DBS Vickers	AIMS AMP Cap Ind Reit	1.31	1.4	Buy
01/25/23	Lim & Tan	AIMS AMP Cap Ind Reit	1.31	1.51	Hold
01/27/23	DMG & Partners	AIMS AMP Cap Ind Reit	1.36	1.5	Buy	DDM
02/10/23	Kim Eng	AIMS AMP Cap Ind Reit	1.35	1.56	Buy	DDM
03/29/23	DMG & Partners	AIMS AMP Cap Ind Reit	1.3	1.5	Buy
04/25/23	DBS Vickers	AIMS AMP Cap Ind Reit	1.38	1.4	Buy
05/08/23	DBS Vickers	AIMS AMP Cap Ind Reit	1.4	1.6	Buy	DCF, PB1.1x FY23
05/08/23	DMG & Partners	AIMS AMP Cap Ind Reit	1.4	1.55	Buy	DDM
05/08/23	Kim Eng	AIMS AMP Cap Ind Reit	1.4	1.5	Buy	DDM
06/22/23	Lim & Tan	AIMS AMP Cap Ind Reit	1.22	1.55	Buy
06/30/23	Kim Eng	AIMS AMP Cap Ind Reit	1.22	1.36	Buy	DDM
07/28/23	Kim Eng	AIMS AMP Cap Ind Reit	1.25	1.36	Buy	DDM
08/23/23	DMG & Partners	AIMS AMP Cap Ind Reit	1.23	1.47	Buy
11/03/23	Lim & Tan	AIMS AMP Cap Ind Reit	1.25	1.48	Accumulate
11/06/23	DBS Vickers	AIMS AMP Cap Ind Reit	1.25	1.6	Buy	DCF
11/08/23	DMG & Partners	AIMS AMP Cap Ind Reit	1.25	1.47	Buy