BRC Asia - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/03/22	UOB Kay Hian	BRC Asia	1.54	1.76	Buy
01/11/22	Lim & Tan	BRC Asia	1.54	2	Accumulate
01/27/22	CIMB	BRC Asia	1.56	2.1	Add
02/10/22	CIMB	BRC Asia	1.64	2.1	Add
02/11/22	Lim & Tan	BRC Asia	1.7	2	Accumulate
02/14/22	Phillip	BRC Asia	1.68	1.84	Buy	PER11x FY22
02/16/22	UOB Kay Hian	BRC Asia	1.69	2.02	Buy	PER8.8x FY22
03/14/22	Lim & Tan	BRC Asia	1.58	0	Buy
05/05/22	CIMB	BRC Asia	1.65	2.1	Add
05/12/22	CIMB	BRC Asia	1.65	2.5	Add
05/20/22	Phillip	BRC Asia	1.69	2.26	Buy	PER8x FY22
05/27/22	UOB Kay Hian	BRC Asia	1.7	2.15	Buy	PER7x FY22
05/31/22	SAC Capital	BRC Asia	1.77	1.92	Hold
06/08/22	DBS Vickers	BRC Asia	1.75	2.4	Buy	PER8.2x FY23
08/04/22	DBS Vickers	BRC Asia	1.71	2.4	Buy
08/05/22	Phillip	BRC Asia	1.7	2.26	Buy	PER8x FY22
08/18/22	UOB Kay Hian	BRC Asia	1.7	2	Buy	PER7x FY22
09/22/22	CIMB	BRC Asia	1.65	2.5	Add	PB1.74x CY22
11/30/22	DBS Vickers	BRC Asia	1.77	2.4	Buy
12/02/22	UOB Kay Hian	BRC Asia	1.82	2.42	Buy	PER7x FY23
12/02/22	DBS Vickers	BRC Asia	1.82	2.22	Buy	PER8.2x FY23
12/02/22	CIMB	BRC Asia	1.82	2.5	Add
12/05/22	Phillip	BRC Asia	1.83	2.3	Buy	PER7x FY22

Stock calls for 13 December 2022

Date	Analyst	Company	Last	Target	Call	Valuation
12/13/22	DBS Vickers	Ascendas India Trust	1.12	1.5	Buy
12/13/22	DBS Vickers	ESR-Reit	0.365	0.44	Buy
12/13/22	Citi Research	Ifast Corp	5.92	3.8	Sell

Boustead Projects - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/10/22	CIMB	Boustead Projects	0.9	1.25	Add	RNAV (25% disc)
11/24/22	CIMB	Boustead Projects	0.795	1.35	Add	RNAV (25% disc)

Boustead - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/10/22	CIMB	Boustead	0.95	1.3	Add
11/28/22	CIMB	Boustead	0.785	1.35	Add

BHG Retail - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/28/22	DBS Vickers	BHG Retail	0.545	0.57	Hold
05/12/22	DBS Vickers	BHG Retail	0.55	0.58	Hold

Stock calls for 12 December 2022

Date	Analyst	Company	Last	Target	Call	Valuation
12/12/22	Lim & Tan	Capitaland Investment	3.63	4.25	Hold
12/12/22	phillip	Del Monte	0.315	0.67	Buy	PER8x FY23
12/12/22	UOB Kay Hian	Kimly	0.345	0.36	Hold	PER12.7x FY23
12/12/22	Phillip	LHN	0.295	0.47	Buy
12/12/22	phillip	PanUnited	0.405	0.54	Buy	PER12x FY23

US consumer demands were declining significantly recently!

US imports from china had been dropping significantly since September.

US imports from EU had been dropping significantly since June.

Baltic dry index - 1386

Related stock: Sembcorp Marine, Cosco & Pan ocean.

US rig count (weekly) - 780

Related stock: Sembcorp Marine & Cosco.

Banyan Tree - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
11/29/22	Amfrasers	Banyan Tree	0.27	0.4	Outperform	PB1.24x FY23