Frasers Property - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/09/21	CIMB	Frasers Property	1.21	1.7	Add
02/15/21	CIMB	Frasers Property	1.25	1.41	Add	RNAV (45% discount)
08/10/21	Lim & Tan	Frasers Property	1.13	0	Accumulate
09/14/21	DBS Vickers	Frasers Property	1.14	1.7	Buy
12/23/21	Lim & Tan	Frasers Property	1.14	1.26	Accumulate
02/10/22	Lim & Tan	Frasers Property	1.12	1.4	Accumulate

Stock calls for 18 March 2022

Date	Analyst	Company	Last	Target	Call	Valuation
03/18/22	DBS Vickers	Daiwa House	0.815	0.95	Buy	DCF
03/18/22	SAC Capital	Grand Venture	0.955	1.195	Buy
03/18/22	DBS Vickers	Ho Bee	2.81	3.8	Buy
03/18/22	Lim & Tan	Ho Bee	2.81	3.8	Buy
03/18/22	Lim & Tan	Innotek	0.63	0	Accumulate
03/18/22	DBS Vickers	Mapletree Logistics	1.82	2.35	Buy
03/18/22	CIMB	SIA	5.2	5.88	Add

US retail sales declined in February 2022

The US retail sales declined in February 2022 which didn't bode well for the economy because this meant that the consumers had stopped frontloading their purchases in view of the elevated inflation.  If the retail sales in March show another decline, it will confirm that the consumers have reined in their spending.

Frasers Logistics - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/05/21	CIMB	Frasers Logistics	1.22	1.57	Add	DDM
02/11/21	OCBC	Frasers Logistics	1.41	1.62	Buy
02/23/21	DBS Vickers	Frasers Logistics	1.41	1.85	Buy
03/09/21	CIMB	Frasers Logistics	1.37	1.57	Add
03/17/21	OCBC	Frasers Logistics	1.4	1.62	Buy
04/12/21	CIMB	Frasers Logistics	1.47	1.57	Add	DDM
04/21/21	DBS Vickers	Frasers Logistics	1.47	1.85	Buy	DCF
05/07/21	DBS Vickers	Frasers Logistics	1.47	1.85	Buy	DCF
05/11/21	CIMB	Frasers Logistics	1.48	1.57	Add
05/24/21	Lim & Tan	Frasers Logistics	1.44	1.65	Accumulate
06/23/21	UOB Kay Hian	Frasers Logistics	1.38	1.79	Buy	DDM
06/23/21	DBS Vickers	Frasers Logistics	1.38	1.85	Buy
07/02/21	UOB Kay Hian	Frasers Logistics	1.43	1.79	Buy
08/05/21	DBS Vickers	Frasers Logistics	1.52	1.85	Buy	DCF
08/10/21	UOB Kay Hian	Frasers Logistics	1.52	1.79	Buy	DDM
08/11/21	CIMB	Frasers Logistics	1.53	1.62	Add
08/11/21	OCBC	Frasers Logistics	1.53	1.6	Buy
09/20/21	UOB Kay Hian	Frasers Logistics	1.49	1.79	Buy
10/19/21	UOB Kay Hian	Frasers Logistics	1.48	1.79	Buy	DDM
10/19/21	OCBC	Frasers Logistics	1.48	1.71	Buy
11/11/21	DBS Vickers	Frasers Logistics	1.48	1.85	Buy
11/12/21	UOB Kay Hian	Frasers Logistics	1.52	1.79	Buy	DDM
02/08/22	Lim & Tan	Frasers Logistics	1.39	0	Hold
02/08/22	OCBC	Frasers Logistics	1.39	1.66	Buy
02/09/22	CIMB	Frasers Logistics	1.4	1.56	Add
02/09/22	UOB Kay Hian	Frasers Logistics	1.4	1.79	Buy
03/03/22	OCBC	Frasers Logistics	1.44	1.66	Buy

Frasers Hospitality Trust - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
04/13/21	DBS Vickers	Frasers Hospitality Trust	0.555	0.85	Buy
05/04/21	DBS Vickers	Frasers Hospitality Trust	0.54	0.65	Buy	DCF
12/06/21	DBS Vickers	Frasers Hospitality Trust	0.47	0.65	Buy	DCF
01/28/22	DBS Vickers	Frasers Hospitality Trust	0.44	0.65	Buy