Stock calls for 8 December 2022

Date	Analyst	Company	Last	Target	Call	Valuation
12/08/22	DBS Vickers	AEM	3.7	3.19	Hold
12/08/22	UOB Kay Hian	China Sunsine	0.395	0.453	Buy	PER4.9x F23
12/08/22	SAC Capital	Jumbo	0.27	0.38	Buy
12/08/22	Lim & Tan	Keppel Reit	0.9	1.08	Buy
12/08/22	Lim & Tan	Nanofilm	1.44	1.7	Buy
12/08/22	DMG & Partners	SGX	9.08	9.3	Neutral	PER21x FY23

ARA Hospitality - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/28/22	DBS Vickers	ARA Hospitality	0.5	0.7	Buy	DCF
05/05/22	DBS Vickers	ARA Hospitality	0.505	0.7	Buy
06/14/22	DBS Vickers	ARA Hospitality	0.485	0.7	Buy
08/04/22	Lim & Tan	ARA Hospitality	0.475	0.7	Buy
08/05/22	DBS Vickers	ARA Hospitality	0.47	0.7	Buy
11/08/22	DBS Vickers	ARA Hospitality	0.355	0.55	Buy	DCF

APTV - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/09/22	Phillip	APTV	0.134	0.15	Accumulate	EV/Ebitda9x FY21
08/16/22	Phillip	APTV	0.12	0.15	Buy	EV/Ebitda9x FY22
11/21/22	Phillip	APTV	0.109	0.13	Buy	EV/Ebitda8.5x FY23

APAC Realty - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/24/22	CIMB	APAC Realty	0.7	0.93	Add
02/25/22	DBS Vickers	APAC Realty	0.675	0.67	Hold
02/25/22	DMG & Partners	APAC Realty	0.675	0.75	Neutral
04/04/22	DMG & Partners	APAC Realty	0.78	0.75	Neutral	DCF
04/26/22	DBS Vickers	APAC Realty	0.805	0.67	Hold
04/26/22	CIMB	APAC Realty	0.805	0.93	Add
06/20/22	CIMB	APAC Realty	0.595	0.84	Add	DCF & PER
06/23/22	DMG & Partners	APAC Realty	0.6	0.75	Buy	DCF
08/10/22	DBS Vickers	APAC Realty	0.685	0.67	Hold
08/10/22	Lim & Tan	APAC Realty	0.685	0.79	Accumulate on weakness
08/11/22	CIMB	APAC Realty	0.705	0.84	Add
08/11/22	DMG & Partners	APAC Realty	0.705	0.75	Neutral	DCF
09/12/22	DMG & Partners	APAC Realty	0.635	0.75	Neutral
10/03/22	DBS Vickers	APAC Realty	0.59	0.41	Fully Valued	PER10x FY23
10/03/22	DMG & Partners	APAC Realty	0.59	0.75	Neutral
10/04/22	CIMB	APAC Realty	0.58	0.77	Add
10/18/22	DMG & Partners	APAC Realty	0.565	0.6	Neutral	DCF
11/10/22	DBS Vickers	APAC Realty	0.565	0.41	Fully Valued
11/11/22	DBS Vickers	APAC Realty	0.56	0.59	Hold	PER9x FY23

Stock calls for 7 December 2022

Date	Analyst	Company	Last	Target	Call	Valuation
12/07/22	Lim & Tan	Ascendas India Trust	1.15	1.4	Buy
12/07/22	phillip	City Developments	8.24	8.86	Accumulate	RNAV (35% discount)
12/07/22	DMG & Partners	Japan Foods	0.425	0.6	Buy	Sum of parts
12/07/22	UOB Kay Hian	Marco Polo	0.047	0.048	Hold	PB1.1x FY23
12/07/22	phillip	SATS	2.94	3.08	Neutral	PER18.5x FY24
12/07/22	CIMB	SIA	5.58	5.97	Add
12/07/22	CIMB	UOB	30.8	34.8	Add

Aoxin Q&M - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/21/22	UOB Kay Hian	Aoxin Q&M	0.245	0.37	Buy	PER16x FY22