Stock calls for 7 November 2022

Date	Analyst	Company	Last	Target	Call	Valuation
11/07/22	DBS Vickers	AEM	3.35	3.19	Hold
11/07/22	CIMB	AEM	3.35	3.76	Add
11/07/22	Kim Eng	Aztech	0.855	0.79	Hold
11/07/22	Kim Eng	DBS	34.47	42.69	Buy
11/07/22	UOB Kay Hian	First Resources	1.57	1.7	Buy
11/07/22	DBS Vickers	Frasers Hospitality Trust	0.45	0.58	Buy	DCF
11/07/22	phillip	Netlink	0.975	0.85	Neutral	DCF
11/07/22	UOB Kay Hian	OCBC	12.04	18.28	Buy	GGM, PB1.44x FY23
11/07/22	phillip	OCBC	12.04	14.22	Buy	GGM, PB1.23x FY22
11/07/22	DMG & Partners	OCBC	12.04	15	Buy	GGM, PB1.1x FY23
11/07/22	DBS Vickers	OUE Commercial	0.32	0.35	Hold
11/07/22	DBS Vickers	SIA	5.34	6.6	Buy
11/07/22	CIMB	SIA	5.34	5.97	Add
11/07/22	Lim & Tan	SIA	5.34	6.14	Buy
11/07/22	CIMB	Singtel	2.52	3.2	Add	Sum of parts
11/07/22	CIMB	ST Engineering	3.33	3.99	Add
11/07/22	UOB Kay Hian	Venture	16.13	20.06	Buy	PER16x FY23
11/07/22	Phillip	Venture	16.13	20.8	Buy	PER16x FY22
11/07/22	DBS Vickers	Venture	16.13	20.1	Buy

Baltic dry index - 1323

 
Related stock: Sembcorp Marine, Cosco & Pan ocean.

US rig count (weekly) - 770

Related stock: Sembcorp Marine & Cosco.

PSC - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/10/22	Amfrasers	PSC	0.405	0.45	Neutral	PER11x FY22, Up from $0.42

Propnex - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/12/21	UOB Kay Hian	Propnex	1.96	2.09	Hold	PER12.5x
08/13/21	CIMB	Propnex	1.95	2.05	Hold	DCF & PER
08/16/21	phillip	Propnex	1.9	2.08	Accumulate	DCF
08/18/21	Lim & Tan	Propnex	1.88	2.19	Accumulate	PER13.5x FY21
08/27/21	SAC Capital	Propnex	1.92	2	Hold	PER13.8x FY21, Up from $1.27
09/17/21	DBS Vickers	Propnex	1.78	1.83	Hold	PER12x FY22
10/06/21	UOB Kay Hian	Propnex	1.69	1.97	Buy	PER11.1x
10/07/21	DBS Vickers	Propnex	1.75	1.83	Hold
11/11/21	CIMB	Propnex	1.9	2.07	Hold
11/11/21	DBS Vickers	Propnex	1.9	1.84	Hold	PER12x FY22
11/11/21	UOB Kay Hian	Propnex	1.9	2.17	Buy	PER12.6x
11/15/21	phillip	Propnex	1.92	2.08	Accumulate	DCF
12/01/21	CIMB	Propnex	1.78	2.07	Hold
12/01/21	DBS Vickers	Propnex	1.78	1.84	Hold	PER12x FY22
12/01/21	phillip	Propnex	1.78	2.08	Accumulate
12/01/21	SAC Capital	Propnex	1.78	1.94	Hold	PER13.68x
12/01/21	UOB Kay Hian	Propnex	1.78	2.17	Buy	PER12.6x
02/25/22	UOB Kay Hian	Propnex	1.71	2.22	Buy
02/28/22	phillip	Propnex	1.76	1.74	Hold	DCF
03/01/22	CIMB	Propnex	1.72	2.07	Add
03/01/22	DBS Vickers	Propnex	1.72	1.71	Hold	PER13x FY22
03/08/22	SAC Capital	Propnex	1.69	1.78	Hold
05/11/22	DBS Vickers	Propnex	1.66	1.71	Hold
05/12/22	Lim & Tan	Propnex	1.73	1.9	Hold
05/12/22	UOB Kay Hian	Propnex	1.73	2.07	Buy	PER7.5x
08/10/22	Lim & Tan	Propnex	1.68	1.9	Accumulate on weakness
08/11/22	UOB Kay Hian	Propnex	1.67	2.07	Buy	PER11x
08/11/22	DBS Vickers	Propnex	1.67	1.71	Hold
08/12/22	CIMB	Propnex	1.67	2.07	Add
08/15/22	phillip	Propnex	1.67	1.74	Neutral
08/30/22	Kim Eng	Propnex	1.61	1.95	Buy	PER14x FY23
08/30/22	SAC Capital	Propnex	1.61	1.78	Hold
09/16/22	UOB Kay Hian	Propnex	1.56	2.07	Buy
10/03/22	DBS Vickers	Propnex	1.5	1.19	Fully Valued	PER13x FY23
10/04/22	CIMB	Propnex	1.44	1.89	Add

Procurri - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/22/21	Amfrasers	Procurri	0.335	0.38	Neutral