Wilmar - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/07/21	DMG & Partners	Wilmar	4.95	6	Buy
01/13/21	UOB Kay Hian	Wilmar	5.08	6.4	Buy
01/14/21	Kim Eng	Wilmar	5.05	6.8	Buy	DCF & PER44x
01/21/21	DBS Vickers	Wilmar	5.34	6.67	Buy	Sum of parts, PER21x FY21
02/23/21	CIMB	Wilmar	5.51	6.15	Add	Sum of parts
02/23/21	UOB Kay Hian	Wilmar	5.51	6.4	Buy	PER26x FY21
02/23/21	DBS Vickers	Wilmar	5.51	6.67	Buy
02/23/21	DMG & Partners	Wilmar	5.51	6.3	Buy
02/24/21	OCBC	Wilmar	5.39	6.16	Buy
03/15/21	DMG & Partners	Wilmar	5.34	6.3	Buy
03/15/21	DBS Vickers	Wilmar	5.34	6.67	Buy
03/23/21	CIMB	Wilmar	5.39	6.15	Add	Sum of parts, PB1x
03/26/21	UOB Kay Hian	Wilmar	5.36	6.4	Buy
03/26/21	Citi Research	Wilmar	5.36	6.33	Buy
04/13/21	DMG & Partners	Wilmar	5.4	6.3	Buy
04/30/21	CIMB	Wilmar	5.3	6.15	Add	Sum of parts
04/30/21	UOB Kay Hian	Wilmar	5.3	6.4	Buy
05/04/21	CIMB	Wilmar	5.01	6.15	Add
05/04/21	OCBC	Wilmar	5.01	6.21	Buy
05/04/21	DMG & Partners	Wilmar	5.01	6.45	Buy
05/04/21	Citi Research	Wilmar	5.01	6.39	Buy
06/02/21	DBS Vickers	Wilmar	4.84	6.67	Buy
06/11/21	DMG & Partners	Wilmar	4.79	6.45	Buy
06/11/21	Kim Eng	Wilmar	4.79	6.21	Buy
07/22/21	UOB Kay Hian	Wilmar	4.46	6.4	Buy	PER26x FY21
07/30/21	DMG & Partners	Wilmar	4.38	5.75	Buy
08/03/21	DBS Vickers	Wilmar	4.3	6.67	Buy	Sum of parts, PER21x FY21
08/05/21	DMG & Partners	Wilmar	4.52	5.75	Buy
08/05/21	CIMB	Wilmar	4.52	6.15	Add	Sum of parts
08/12/21	UOB Kay Hian	Wilmar	4.49	6.4	Buy	Sum of parts
08/17/21	Kim Eng	Wilmar	4.39	6.03	Buy
08/17/21	DMG & Partners	Wilmar	4.39	5.45	Buy
09/07/21	UOB Kay Hian	Wilmar	4.2	6.4	Buy	PER26x FY21
09/27/21	Kim Eng	Wilmar	4.08	6.03	Buy
09/29/21	CIMB	Wilmar	4.18	6.15	Add	Sum of parts
09/29/21	Citi Research	Wilmar	4.18	5.71	Buy	PER16.9x
10/04/21	CIMB	Wilmar	4.12	6.15	Add
10/21/21	UOB Kay Hian	Wilmar	4.36	6.4	Buy	Sum of parts
11/01/21	UOB Kay Hian	Wilmar	4.32	6.4	Buy	Sum of parts
11/01/21	CIMB	Wilmar	4.32	6.15	Add	Sum of parts
11/08/21	DMG & Partners	Wilmar	4.45	5.6	Buy
11/08/21	UOB Kay Hian	Wilmar	4.45	6	Buy
12/06/21	UOB Kay Hian	Wilmar	4.09	6	Buy
12/17/21	DMG & Partners	Wilmar	4.13	5.05	Buy
01/11/22	DMG & Partners	Wilmar	4.3	5.05	Buy
01/19/22	UOB Kay Hian	Wilmar	4.24	6	Buy	Sum of parts
01/12/22	Kim Eng	Wilmar	4.27	5.8	Buy

Vicplas - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/26/22	CIMB	Vicplas	0.22	0.275	Add

Vicom - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/23/21	DBS Vickers	Vicom	2.06	2.13	Hold	DCF & PER34x FY21
11/10/21	DBS Vickers	Vicom	2.07	2.13	High-Risk	DCF & PER34x FY21

Stock calls for 16 February 2022

Date	Analyst	Company	Last	Target	Call	Valuation
02/16/22	DBS Vickers	Aztech	0.92	1.54	Buy	PER12x FY22
02/16/22	UOB Kay Hian	BRC Asia	1.69	2.02	Buy	PER8.8x FY22
02/16/22	Jefferies	DBS	36.53	39	Buy
02/16/22	CIMB	DBS	36.53	39.9	Add
02/16/22	DBS Vickers	Far East Hospitality	0.585	0.78	Buy
02/16/22	Kim Eng	Far East Hospitality	0.585	0.7	Buy	DDM
02/16/22	Lim & Tan	Grand Venture	1.06	1.71	Buy
02/16/22	UOB Kay Hian	Lendlease Reit	0.84	1.08	Buy	DDM
02/16/22	UOB Kay Hian	Netlink	0.975	1.05	Hold	DCF
02/16/22	DBS Vickers	Netlink	0.975	1.02	Hold
02/16/22	Kim Eng	Netlink	0.975	1.13	Buy	DDM
02/16/22	UOB Kay Hian	Singtel	2.57	2.9	Buy
02/16/22	DBS Vickers	UOB	32.63	34.2	Buy
02/16/22	Lim & Tan	UOB	32.63	35.5	Accumulate

The high PPI will make CPI stay elevated in the US.

 PPI (y-o-y): 9.7%

PPI (m-o-m): 1%

The producers will pass the high costs to the consumers and cause inflation (CPI) to remain high in Q1 2022.  This will prompt the US FED to react in March 2022.