Stock calls for 1 February 2024

Date	Analyst	Company	Last	Target	Call	Valuation
02/01/24	Kim Eng	AIMS AMP Cap Ind Reit	1.31	1.39	Buy
02/01/24	OCBC	CapitaRetail China	0.835	1.02	Buy
02/01/24	UOB Kay Hian	CDL Hospitality	1.03	1.48	Buy	DDM
02/01/24	DBS Vickers	CDL Hospitality	1.03	1.45	Buy
02/01/24	OCBC	City Developments	6.11	7.2	Buy
02/01/24	DBS Vickers	Daiwa House	0.645	0.8	Buy
02/01/24	Lim & Tan	DBS	31.88	0	Accumulate
02/01/24	DBS Vickers	ESR-Reit	0.31	0.34	Buy	DCF
02/01/24	Lim & Tan	Keppel Corp	7.16	7.89	Accumulate
02/01/24	Lim & Tan	OCBC	12.89	0	Accumulate
02/01/24	phillip	SATS	2.75	2.23	Reduce
02/01/24	Phillip	SIA	6.68	5.45	Reduce
02/01/24	Lim & Tan	UOB	28.37	0	Accumulate

ARA Hospitality - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/05/23	DBS Vickers	ARA Hospitality	0.36	0.55	Buy
02/24/23	DBS Vickers	ARA Hospitality	0.4	0.55	Buy	DCF
04/19/23	DBS Vickers	ARA Hospitality	0.355	0.55	Buy
05/05/23	DBS Vickers	ARA Hospitality	0.35	0.55	Buy
08/10/23	DBS Vickers	ARA Hospitality	0.35	0.45	Buy	DCF
11/14/23	DBS Vickers	ARA Hospitality	0.27	0.45	Buy	DCF
11/28/23	Lim & Tan	ARA Hospitality	0.285	0	Neutral

APAC Realty - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/11/23	CIMB	APAC Realty	0.595	0.77	Add	DCF & PER
01/18/23	DMG & Partners	APAC Realty	0.595	0.6	Neutral
01/18/23	DBS Vickers	APAC Realty	0.595	0.59	Hold
03/09/23	DBS Vickers	APAC Realty	0.625	0.63	Hold	PER8.5x FY23
03/09/23	CIMB	APAC Realty	0.625	0.77	Add
04/06/23	DMG & Partners	APAC Realty	0.655	0.6	Neutral
05/15/23	DBS Vickers	APAC Realty	0.625	0.57	Hold	PER9.5x FY23/24
08/15/23	DBS Vickers	APAC Realty	0.585	0.57	Hold
08/16/23	DBS Vickers	APAC Realty	0.57	0.54	Hold	PER11x FY24
08/16/23	CIMB	APAC Realty	0.57	0.7	Add	DCF
08/17/23	DMG & Partners	APAC Realty	0.585	0.54	Neutral
10/10/23	CIMB	APAC Realty	0.52	0.57	Add
11/09/23	DBS Vickers	APAC Realty	0.495	0.53	Hold	PER11x FY24
01/15/24	DMG & Partners	APAC Realty	0.5	0.46	Neutral