Prime US Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/18/21	phillip	Prime US Reit	0.83	0.94	Buy
02/18/21	Lim & Tan	Prime US Reit	0.81	0	Accumulate
02/19/21	Kim Eng	Prime US Reit	0.83	1.1	Buy	DDM
02/22/21	phillip	Prime US Reit	0.825	0.94	Buy
03/12/21	DBS Vickers	Prime US Reit	0.795	1	Buy	DDM
03/17/21	DMG & Partners	Prime US Reit	0.81	1	Buy
04/05/21	DBS Vickers	Prime US Reit	0.835	1	Buy
05/19/21	Lim & Tan	Prime US Reit	0.855	0	Accumulate
05/20/21	phillip	Prime US Reit	0.855	0.94	Accumulate	DDM
05/20/21	Kim Eng	Prime US Reit	0.855	1.1	Buy	DDM
05/20/21	DMG & Partners	Prime US Reit	0.855	1	Buy
06/16/21	DBS Vickers	Prime US Reit	0.86	1	Buy	DDM
06/18/21	Lim & Tan	Prime US Reit	0.865	0	Accumulate
06/25/21	Kim Eng	Prime US Reit	0.88	1.1	Buy	DDM
06/25/21	DMG & Partners	Prime US Reit	0.88	1.03	Buy
08/04/21	DBS Vickers	Prime US Reit	0.84	1	Buy	DCF
08/05/21	phillip	Prime US Reit	0.825	0.94	Accumulate	DDM
08/11/21	Kim Eng	Prime US Reit	0.84	1.1	Buy
08/11/21	DMG & Partners	Prime US Reit	0.84	1.03	Buy
09/14/21	DBS Vickers	Prime US Reit	0.86	1	Buy
09/30/21	phillip	Prime US Reit	0.86	0.94	Accumulate
10/19/21	phillip	Prime US Reit	0.86	0.94	Accumulate
11/05/21	DBS Vickers	Prime US Reit	0.865	1	Buy
11/08/21	phillip	Prime US Reit	0.875	0.94	Accumulate	DDM
11/08/21	Kim Eng	Prime US Reit	0.875	1.1	Buy	DDM
11/09/21	DMG & Partners	Prime US Reit	0.88	1.04	Buy
01/21/22	DMG & Partners	Prime US Reit	0.83	1.04	Buy
02/17/22	DBS Vickers	Prime US Reit	0.83	1	Buy
02/18/22	Lim & Tan	Prime US Reit	0.82	0	Hold
02/18/22	Kim Eng	Prime US Reit	0.82	1.1	Buy	DDM
03/30/22	DMG & Partners	Prime US Reit	0.76	1.02	Buy	DDM

Penguin - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/16/21	CIMB	Penguin	0.65	0.65	Hold	offer price $0.65
09/23/21	Lim & Tan	Penguin	0.66	0	Hold

Stock calls for 22 April 2022

Date	Analyst	Company	Last	Target	Call	Valuation
04/22/22	UOB Kay Hian	Digicore Reit	0.985	1.1	Hold	DDM
04/22/22	DBS Vickers	Digicore Reit	0.985	1.3	Buy	DCF
04/22/22	UOB Kay Hian	Keppel Corp	6.65	7.25	Buy	Sum of parts
04/22/22	Kim Eng	Mapletree Commercial	1.9	2.35	Buy	DDM
04/22/22	OCBC	Yangzijiang	1.54	0.95	Buy	Ex-Entitlement

Parkway Life - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/27/21	CIMB	Parkway Life	4.06	4.11	Hold
02/09/21	UOB Kay Hian	Parkway Life	4.04	4.38	Buy	DDM
04/20/21	DBS Vickers	Parkway Life	4.1	4.5	Buy	DCF
04/23/21	Lim & Tan	Parkway Life	4.21	0	Hold
04/26/21	UOB Kay Hian	Parkway Life	4.16	4.38	Buy	DDM
05/11/21	CIMB	Parkway Life	4.27	4.8	Add	DDM
07/15/21	DBS Vickers	Parkway Life	4.77	5.75	Buy	DCF
07/15/21	CIMB	Parkway Life	4.77	5.05	Add	DDM
07/15/21	UOB Kay Hian	Parkway Life	4.77	4.72	Hold
07/27/21	Lim & Tan	Parkway Life	4.72	0	Hold
11/05/21	CIMB	Parkway Life	4.65	5.05	Add	DDM
12/13/21	Lim & Tan	Parkway Life	5.07	0	Hold
01/25/22	Lim & Tan	Parkway Life	4.94	4.97	Hold
02/11/22	UOB Kay Hian	Parkway Life	4.62	4.72	Hold
03/04/22	DBS Vickers	Parkway Life	4.62	5.75	Buy	DCF
04/13/22	UOB Kay Hian	Parkway Life	4.81	4.82	Hold	DDM

Pan-United - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/29/21	phillip	PanUnited	0.295	0.4	Buy	EV/Ebitda7.8x FY21
08/10/21	phillip	PanUnited	0.33	0.44	Buy	EV/Ebitda7.8x FY21
01/06/22	Lim & Tan	PanUnited	0.335	0.5	Buy
03/14/22	phillip	PanUnited	0.35	0.46	Buy	PER16x FY22
03/14/22	Lim & Tan	PanUnited	0.35	0	Buy
03/21/22	Lim & Tan	PanUnited	0.35	0.54	Buy	EV/Ebitda5.6x
03/30/22	SAC Capital	PanUnited	0.385	0.56	Buy	EV/Ebitda6.6x FY23
03/30/22	CIMB	PanUnited	0.385	0.53	Add	PER12.3x
04/07/22	CIMB	PanUnited	0.41	0.56	Add

Oxpay - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
11/16/21	Amfrasers	Oxpay	0.29	0.42	Outperform	PER25x FY22
03/15/22	Amfrasers	Oxpay	0.153	0.3	Outperform	PER18x FY22