Stock calls for 29 November 2021

Date	Analyst	Company	Last	Target	Call	Valuation
11/29/21	DBS Vickers	Ireit	0.635	0.76	Buy
11/29/21	Phillip	Ix Biopharma	0.23	0.355	Buy	DCF
11/29/21	Lim & Tan	LHN	0.365	0	Take Profit
11/29/21	DMG & Partners	Marco Polo	0.029	0.04	Buy
11/29/21	DMG & Partners	ST Engineering	3.85	4.85	Buy
11/29/21	Phillip	Thai Beverage	0.695	0.765	Accumulate	PER18x FY22
11/29/21	DBS Vickers	Thai Beverage	0.695	0.92	Buy
11/29/21	UOB Kay Hian	Thai Beverage	0.695	0.92	Buy	Sum of parts
11/29/21	Lim & Tan	Thai Beverage	0.695	0	Accumulate on weakness

Baltic dry index - 2767

 Related stock: Sembcorp Marine, Cosco & Pan ocean.

US rig count (weekly) - 569

 Related stock: Sembcorp Marine & Cosco.

Aztech - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
04/22/21	DBS Vickers	Aztech	1.38	1.85	Buy	PER17.9x FY21
04/23/21	UOB Kay Hian	Aztech	1.34	1.86	Buy	PER12.9x
04/23/21	CIMB	Aztech	1.34	1.91	Add	PER16x FY22
04/26/21	Kim Eng	Aztech	1.41	1.86	Buy	PER18x FY21
05/25/21	CIMB	Aztech	1.33	1.91	Add
06/25/21	UOB Kay Hian	Aztech	1.23	1.86	Buy
07/29/21	UOB Kay Hian	Aztech	1.23	1.86	Buy	PER18.4x FY21
08/02/21	DBS Vickers	Aztech	1.27	1.74	Buy	PER17.9x FY21
08/02/21	CIMB	Aztech	1.27	1.82	Add
08/02/21	Kim Eng	Aztech	1.27	1.86	Buy
09/06/21	CIMB	Aztech	1.07	1.82	Add
10/15/21	DBS Vickers	Aztech	1.09	1.67	Buy	PER17.9x FY21
10/15/21	UOB Kay Hian	Aztech	1.09	1.7	Buy	PER13.3x FY22
10/18/21	Kim Eng	Aztech	1.07	1.26	Buy	PER10x FY22

Avi-Tech - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/20/21	Lim & Tan	Avi-Tech	0.485	0	Take Profit
02/10/21	Lim & Tan	Avi-Tech	0.475	0	Take Profit
02/15/21	DMG & Partners	Avi-Tech	0.42	0.42	Neutral
08/20/21	Lim & Tan	Avi-Tech	0.41	0	Hold
08/25/21	DMG & Partners	Avi-Tech	0.4	0.42	Neutral
10/07/21	Lim & Tan	Avi-Tech	0.39	0	Hold

Ascendas India Trust - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/29/21	DBS Vickers	Ascendas India Trust	1.55	1.85	Buy	DDM
02/23/21	DBS Vickers	Ascendas India Trust	1.51	1.85	Buy
03/09/21	DBS Vickers	Ascendas India Trust	1.49	1.85	Buy	DDM
03/09/21	Citi Research	Ascendas India Trust	1.49	1.82	Buy
07/05/21	Citi Research	Ascendas India Trust	1.44	1.82	Buy
10/28/21	DBS Vickers	Ascendas India Trust	1.4	1.85	Buy	DDM
11/03/21	DBS Vickers	Ascendas India Trust	1.4	1.8	Buy	PB1.25x

Stock calls for 26 November 2021

Date	Analyst	Company	Last	Target	Call	Valuation
11/26/21	Lim & Tan	Koufu	0.69	0.73	Hold
11/26/21	DBS Vickers	Q&M	0.605	0.8	Buy	Sum of parts
11/26/21	UOB Kay Hian	Trans-China Auto	0.29	0.39	Buy	PER6x FY22