EC World Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/07/19	DMG & Partners	EC World Reit	0.77	0.84	Buy
05/14/19	DMG & Partners	EC World Reit	0.79	0.85	Buy	DDM
05/14/19	DBS Vickers	EC World Reit	0.79	0.86	Buy
05/15/19	phillip	EC World Reit	0.785	0.87	Buy	DDM, PB0.93x
06/19/19	phillip	EC World Reit	0.775	0.87	Buy
07/04/19	DMG & Partners	EC World Reit	0.78	0.85	Buy
07/22/19	phillip	EC World Reit	0.755	0.87	Buy
08/08/19	phillip	EC World Reit	0.735	0.87	Buy	DDM
08/08/19	DMG & Partners	EC World Reit	0.735	0.82	Buy	DDM
09/24/19	phillip	EC World Reit	0.735	0.87	Buy
10/18/19	phillip	EC World Reit	0.735	0.87	Buy
11/12/19	phillip	EC World Reit	0.74	0.84	Buy	DDM
11/12/19	DBS Vickers	EC World Reit	0.74	0.86	Buy	DCF
11/26/19	Amfrasers	EC World Reit	0.74	0.84	outperform	DDM
12/02/19	Amfrasers	EC World Reit	0.745	0.84	outperform	DDM
12/10/19	DMG & Partners	EC World Reit	0.765	0.82	Buy
03/02/20	DMG & Partners	EC World Reit	0.705	0.78	Buy	DDM
03/02/20	DBS Vickers	EC World Reit	0.705	0.8	Buy	DCF
03/02/20	Amfrasers	EC World Reit	0.705	0.82	outperform
03/05/20	phillip	EC World Reit	0.72	0.827	Buy	DDM
04/23/20	DMG & Partners	EC World Reit	0.63	0.78	Buy

Eagle Hospitality Trust - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/30/19	Jefferies	Eagle Hospitality Trust	0.675	1	Buy
08/30/19	UOB Kay Hian	Eagle Hospitality Trust	0.675	1.02	Buy	DDM
08/30/19	UBS	Eagle Hospitality Trust	0.675	0.83	Buy
10/02/19	Amfrasers	Eagle Hospitality Trust	0.68	0.84	outperform	DDM
10/25/19	UOB Kay Hian	Eagle Hospitality Trust	0.645	1.02	Buy	DDM
10/29/19	Amfrasers	Eagle Hospitality Trust	0.545	0.72	outperform	DDM
11/18/19	Amfrasers	Eagle Hospitality Trust	0.535	0.61	Buy	DDM
11/18/19	Jefferies	Eagle Hospitality Trust	0.535	0.8	Buy
12/02/19	Amfrasers	Eagle Hospitality Trust	0.525	0.61	outperform	DDM
02/20/20	Amfrasers	Eagle Hospitality Trust	0.53	0.51	Neutral
02/20/20	Jefferies	Eagle Hospitality Trust	0.53	0.7	Buy
02/20/20	UBS	Eagle Hospitality Trust	0.53	0.75	Buy
03/10/20	Amfrasers	Eagle Hospitality Trust	0.28	0.51	Neutral
03/25/20	UBS	Eagle Hospitality Trust	0.137	0.75	Buy

Stock calls for 23 April 2020

Date	Analyst	Company	Last	Target	Call	Valuation
04/23/20	DMG & Partners	Cache Logistics	0.535	0.74	Buy
04/23/20	DMG & Partners	Capitamall Trust	1.73	2.38	Neutral
04/23/20	DMG & Partners	China Aviation Oil	1.02	1.25	Buy	Sum of parts, PB0.9x
04/23/20	DMG & Partners	EC World Reit	0.63	0.78	Buy
04/23/20	DMG & Partners	Frasers Centrepoint Trust	2.1	2.55	Neutral
04/23/20	UOB Kay Hian	Jumbo	0.245	0.23	Hold	Buy @ $0.20
04/23/20	CIMB	Keppel Corp	5.7	7.48	Add	Sum of parts
04/23/20	CIMB	Keppel Reit	0.99	1.2	Add	DDM
04/23/20	DMG & Partners	Keppel Reit	0.99	1.23	Neutral
04/23/20	Lim & Tan	Mapletree Commercial	1.77	0	Take Profit
04/23/20	DBS Vickers	OCBC	8.62	7.9	Hold	GGM, PB0.7x FY21
04/23/20	UOB Kay Hian	Parkway Life	3.34	3.78	Buy	DDM
04/23/20	CIMB	Parkway Life	3.34	3.38	Hold	DDM
04/23/20	DMG & Partners	Starhill	0.49	0.76	Buy
04/23/20	CIMB	Suntec Reit	1.29	1.75	Add
04/23/20	DBS Vickers	UOB	19.6	17.5	Hold	GGM, PB0.7x FY21

The US is trying to smear China again after Cambridge linked the virus to the US. - Part 2

https://www.dailymail.co.uk/news/article-8211291/U-S-government-gave-3-7million-grant-Wuhan-lab-experimented-coronavirus-source-bats.html

Obama had certified that Wuhan P4 Lab was a commercial lab by granting the Wuhan lab a US$3.7m grant.  This commercial lab was working with the US in coronavirus research.

We had stated previously that Wuhan P4 lab was a commercial lab and was open to foreign and local scientific researches.

http://sg-stock.blogspot.com/2020/04/the-us-is-trying-to-smear-china-again.html

The US government would not give a grant to any military or state-backed lab.  Therefore, the US would make a thorough background check on any sensitive recipient before giving any grant.

Delfi - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
04/05/19	DMG & Partners	Delfi	1.3	1.68	Buy
05/07/19	DMG & Partners	Delfi	1.3	1.68	Buy	DCF, PER28x FY19
08/14/19	DMG & Partners	Delfi	1.24	1.68	Buy	DCF, PER28x FY19
10/31/19	DBS Vickers	Delfi	0.995	1.49	Buy	PER23.7x FY20
11/13/19	DMG & Partners	Delfi	0.955	1.68	Buy	DCF
11/14/19	DBS Vickers	Delfi	0.96	1.51	Buy	PER23.1x FY20
12/11/19	DMG & Partners	Delfi	1	1.68	Buy
01/06/20	DBS Vickers	Delfi	1	1.51	Buy
02/07/20	DMG & Partners	Delfi	0.96	1.68	Buy	DCF
02/28/20	DBS Vickers	Delfi	0.96	1.55	Buy	PER23x FY20

Del Monte - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/21/19	Lim & Tan	Del Monte	0.12	0	Buy