Ascott Residence Trust (ART) - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
10/02/20	CIMB	ART	0.89	1.05	Add
10/19/20	Phillip	ART	0.89	1.08	Buy
10/20/20	DBS Vickers	ART	0.885	1.1	Buy
11/02/20	Kim Eng	ART	0.83	1.05	Buy	DDM
11/02/20	UOB Kay Hian	ART	0.83	0.91	Hold	Buy @ $0.83
11/03/20	OCBC	ART	0.815	0.97	Buy
11/05/20	CIMB	ART	0.855	1.05	Add
11/12/20	DBS Vickers	ART	1	1.1	Buy
11/16/20	OCBC	ART	0.98	1.2	Buy
11/23/20	Phillip	ART	0.995	1.08	Buy
12/01/20	DBS Vickers	ART	1.04	1.2	Buy	DCF
01/05/21	Phillip	ART	1.09	1.15	Buy
01/06/21	DBS Vickers	ART	1.07	1.2	Buy	DCF
01/18/21	Lim & Tan	ART	1.13	0	Neutral
01/28/21	CIMB	ART	1.05	1.08	Hold
01/28/21	Kim Eng	ART	1.05	1.25	Buy
01/29/21	OCBC	ART	1.05	1.24	Buy
02/02/21	Phillip	ART	1.04	1.17	Buy	DDM
03/09/21	OCBC	ART	1.02	1.24	Buy
03/26/21	CIMB	ART	1.06	1.2	Add	PB1.07x
04/29/21	Lim & Tan	ART	1.06	0	Neutral
05/03/21	CIMB	ART	1.06	1.2	Add
05/18/21	OCBC	ART	1	1.22	Buy
05/27/21	Phillip	ART	0.965	1.17	Buy
07/07/21	CIMB	ART	1.04	1.2	Add
07/27/21	Lim & Tan	ART	1.01	0	Hold
07/28/21	Kim Eng	ART	1.03	1.3	Buy	DDM
07/28/21	CIMB	ART	1.03	1.22	Add	DDM
07/29/21	OCBC	ART	1.03	1.21	Buy
07/30/21	Phillip	ART	1.03	1.19	Buy	DDM
08/25/21	Phillip	ART	1	1.19	Accumulate

Stock calls for 31 August 2021

Date	Analyst	Company	Last	Target	Call	Valuation
08/31/21	CIMB	IHH Healthcare	2.04	2.24	Add	Ringgit $6.91 target price
08/31/21	DBS Vickers	IHH Healthcare	2.04	2.32	Buy	Sum of parts ($7.20 ringgit), Up from $2
08/31/21	UOB Kay Hian	IHH Healthcare	2.04	2.07	Buy	Sum of parts ($6.40 ringgit)
08/31/21	DMG & Partners	Marco Polo	0.026	0.041	Buy
08/31/21	DBS Vickers	MM2 Asia	0.057	0.067	Buy	Sum of parts, PER10x FY22
08/31/21	Kim Eng	Netlink	0.975	1.13	Buy	DDM
08/31/21	UOB Kay Hian	Oxley	0.22	0.28	Buy
08/31/21	UOB Kay Hian	SGX	10.09	11.65	Hold	DDM, PER30x FY22
08/31/21	CIMB	UG Healthcare	0.555	0.65	Add	PER11.2x CY23
08/31/21	DMG & Partners	UG Healthcare	0.555	0.57	Neutral

ARA Logistics - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
10/15/20	CIMB	ARA Logistics	0.625	0.713	Add
10/27/20	CIMB	ARA Logistics	0.61	0.698	Add
10/27/20	DMG & Partners	ARA Logistics	0.61	0.72	Buy	DDM
01/06/21	UOB Kay Hian	ARA Logistics	0.595	0.85	Buy	DDM
01/14/21	DMG & Partners	ARA Logistics	0.67	0.74	Buy
01/27/21	Kim Eng	ARA Logistics	0.675	0.8	Buy	DDM
01/28/21	UOB Kay Hian	ARA Logistics	0.71	0.89	Buy
01/28/21	CIMB	ARA Logistics	0.71	0.749	Add	DDM
01/28/21	DBS Vickers	ARA Logistics	0.71	0.8	Buy
02/23/21	DBS Vickers	ARA Logistics	0.715	0.8	Buy
03/04/21	UOB Kay Hian	ARA Logistics	0.715	0.89	Buy
03/12/21	DMG & Partners	ARA Logistics	0.715	0.78	Buy
04/21/21	DBS Vickers	ARA Logistics	0.735	0.8	Buy
04/26/21	CIMB	ARA Logistics	0.75	0.814	Add	DDM
04/28/21	UOB Kay Hian	ARA Logistics	0.765	0.89	Buy	DDM
05/27/21	DMG & Partners	ARA Logistics	0.77	0.85	Buy
06/10/21	DBS Vickers	ARA Logistics	0.815	0.85	Buy
06/29/21	UOB Kay Hian	ARA Logistics	0.84	0.89	Buy
07/23/21	DBS Vickers	ARA Logistics	0.88	1	Buy	DCF
07/23/21	UOB Kay Hian	ARA Logistics	0.88	1.02	Buy	DDM
07/23/21	DMG & Partners	ARA Logistics	0.88	0.95	Buy
07/23/21	CIMB	ARA Logistics	0.88	0.961	Add	DDM
07/29/21	Kim Eng	ARA Logistics	0.9	0.95	Buy	DDM