Frasers Centrepoint Trust - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/02/21	DBS Vickers	Frasers Centrepoint Trust	2.42	3	Buy
06/02/21	UOB Kay Hian	Frasers Centrepoint Trust	2.42	3.06	Buy	DDM
07/16/21	UOB Kay Hian	Frasers Centrepoint Trust	2.46	3.06	Buy	DDM
07/22/21	DBS Vickers	Frasers Centrepoint Trust	2.4	3	Buy	DCF
07/26/21	CIMB	Frasers Centrepoint Trust	2.38	2.91	Add
07/26/21	Phillip	Frasers Centrepoint Trust	2.38	2.87	Buy	DDM
07/27/21	OCBC	Frasers Centrepoint Trust	2.36	2.78	Buy
08/25/21	Phillip	Frasers Centrepoint Trust	2.3	2.87	Buy
09/20/21	UOB Kay Hian	Frasers Centrepoint Trust	2.28	3.06	Buy
09/30/21	Phillip	Frasers Centrepoint Trust	2.26	2.87	Buy
10/01/21	DBS Vickers	Frasers Centrepoint Trust	2.27	3	Buy
10/04/21	UOB Kay Hian	Frasers Centrepoint Trust	2.25	3.06	Buy
10/28/21	DBS Vickers	Frasers Centrepoint Trust	2.36	2.9	Buy
10/28/21	Lim & Tan	Frasers Centrepoint Trust	2.36	2.8	Accumulate
10/28/21	Phillip	Frasers Centrepoint Trust	2.36	2.83	Buy	DDM
10/28/21	UOB Kay Hian	Frasers Centrepoint Trust	2.36	2.98	Buy	DDM
10/29/21	Kim Eng	Frasers Centrepoint Trust	2.39	2.9	Buy	DDM
11/05/21	DMG & Partners	Frasers Centrepoint Trust	2.36	2.45	Neutral
11/17/21	UOB Kay Hian	Frasers Centrepoint Trust	2.38	2.98	Buy
01/18/22	DBS Vickers	Frasers Centrepoint Trust	2.25	2.9	Buy
01/18/22	OCBC	Frasers Centrepoint Trust	2.25	2.81	Buy
01/26/22	CIMB	Frasers Centrepoint Trust	2.28	2.92	Add
01/27/22	Kim Eng	Frasers Centrepoint Trust	2.27	2.9	Buy	DDM
01/28/22	CIMB	Frasers Centrepoint Trust	2.28	2.73	Add
01/31/22	Phillip	Frasers Centrepoint Trust	2.26	2.64	Buy	DDM
03/17/22	UOB Kay Hian	Frasers Centrepoint Trust	2.27	2.98	Buy
04/04/22	Kim Eng	Frasers Centrepoint Trust	2.44	2.9	Buy
04/05/22	Phillip	Frasers Centrepoint Trust	2.43	2.64	Buy
04/05/22	UOB Kay Hian	Frasers Centrepoint Trust	2.43	2.98	Buy
04/14/22	OCBC	Frasers Centrepoint Trust	2.39	2.67	Buy
04/27/22	DBS Vickers	Frasers Centrepoint Trust	2.44	2.9	Buy
04/27/22	Lim & Tan	Frasers Centrepoint Trust	2.44	2.69	Hold
04/28/22	CIMB	Frasers Centrepoint Trust	2.43	2.75	Add	DDM
04/28/22	OCBC	Frasers Centrepoint Trust	2.43	2.73	Buy
04/28/22	UOB Kay Hian	Frasers Centrepoint Trust	2.43	2.96	Buy
04/29/22	Phillip	Frasers Centrepoint Trust	2.47	2.71	Accumulate	DDM
06/01/22	UOB Kay Hian	Frasers Centrepoint Trust	2.34	2.96	Buy
06/03/22	UOB Kay Hian	Frasers Centrepoint Trust	2.28	2.79	Buy
06/23/22	DBS Vickers	Frasers Centrepoint Trust	2.23	2.9	Buy
07/01/22	UOB Kay Hian	Frasers Centrepoint Trust	2.29	2.74	Buy
07/01/22	DMG & Partners	Frasers Centrepoint Trust	2.29	2.45	Neutral	DDM
07/28/22	DBS Vickers	Frasers Centrepoint Trust	2.32	2.8	Buy
07/28/22	CIMB	Frasers Centrepoint Trust	2.32	2.75	Add	DDM
07/29/22	OCBC	Frasers Centrepoint Trust	2.35	2.55	Buy
07/29/22	Kim Eng	Frasers Centrepoint Trust	2.35	2.8	Buy
08/31/22	UOB Kay Hian	Frasers Centrepoint Trust	2.26	2.74	Buy	DDM
09/13/22	UOB Kay Hian	Frasers Centrepoint Trust	2.29	2.74	Buy	DDM
09/13/22	DBS Vickers	Frasers Centrepoint Trust	2.29	2.8	Buy
09/14/22	CIMB	Frasers Centrepoint Trust	2.28	2.75	Add	DDM
09/19/22	Phillip	Frasers Centrepoint Trust	2.26	2.38	Accumulate	DDM
09/27/22	UOB Kay Hian	Frasers Centrepoint Trust	2.23	2.56	Buy

Fortress Minerals - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/16/21	Phillip	Fortress Minerals	0.68	0.81	Buy	PER10x FY22
10/15/21	Phillip	Fortress Minerals	0.465	0.51	Accumulate
01/19/22	Phillip	Fortress Minerals	0.44	0.5	Accumulate	PER10x FY22
03/07/22	Amfrasers	Fortress Minerals	0.505	0.6	Buy
05/04/22	Phillip	Fortress Minerals	0.455	0.66	Buy	PER11x FY23

Food Empire - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/07/21	UOB Kay Hian	Food Empire	0.915	1.3	Buy
06/23/21	Lim & Tan	Food Empire	0.89	1.2	Accumulate
07/07/21	DMG & Partners	Food Empire	0.88	1.27	Buy
08/17/21	DMG & Partners	Food Empire	0.81	1.23	Buy	PER15x FY22
09/02/21	UOB Kay Hian	Food Empire	0.78	1.3	Buy
09/27/21	Lim & Tan	Food Empire	0.76	1.26	Accumulate
10/05/21	DMG & Partners	Food Empire	0.77	1.23	Buy	PER15x FY22
11/10/21	Lim & Tan	Food Empire	0.81	1.26	Accumulate
11/15/21	UOB Kay Hian	Food Empire	0.79	1.3	Buy	PER16.6x FY22
01/10/22	DMG & Partners	Food Empire	0.765	1.01	Buy
02/28/22	DMG & Partners	Food Empire	0.58	0.93	Buy
05/19/22	DMG & Partners	Food Empire	0.53	0.95	Buy	PER13x FY22
06/01/22	DMG & Partners	Food Empire	0.54	0.95	Buy
07/05/22	DMG & Partners	Food Empire	0.515	0.95	Buy	PER13x FY22
08/15/22	DMG & Partners	Food Empire	0.555	0.95	Buy	PER10x FY22

Stock calls for 27 September 2022

Date	Analyst	Company	Last	Target	Call	Valuation
09/27/22	UOB Kay Hian	ART	1.05	1.29	Buy
09/27/22	UOB Kay Hian	Frasers Centrepoint Trust	2.23	2.56	Buy
09/27/22	Lim & Tan	KSH	0.345	0.46	Accumulate	Sum of parts
09/27/22	UOB Kay Hian	Lendlease Reit	0.79	0.91	Buy
09/27/22	UOB Kay Hian	Mapletree Industrial	2.42	3.12	Buy
09/27/22	UOB Kay Hian	Mapletree Logistics	1.6	1.94	Buy
09/27/22	UOB Kay Hian	Thai Beverage	0.62	0.87	Buy	Sum of parts
09/27/22	CIMB	Vicplas	0.185	0.27	Add	PER11x FY23

First Sponsor - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/04/21	Phillip	First Sponsor	1.36	1.56	Accumulate	Sum of parts (20% discount)
09/21/21	Phillip	First Sponsor	1.36	1.65	Buy	RNAV (30% discount)
02/25/22	Phillip	First Sponsor	1.35	1.39	Hold	Sum of parts
08/05/22	Phillip	First Sponsor	1.27	1.39	Accumulate	Sum of parts

First Ship Lease Trust - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/08/22	Phillip	First Ship Lease Trust	0.075	0.04	Sell