Keppel Infrastructure - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/28/22	DBS Vickers	Keppel Infrastructure	0.58	0.6	Buy
08/03/22	DBS Vickers	Keppel Infrastructure	0.585	0.63	Buy
10/21/22	DBS Vickers	Keppel Infrastructure	0.525	0.63	Buy
01/31/23	Lim & Tan	Keppel Infrastructure	0.57	0.62	Hold
02/01/23	DBS Vickers	Keppel Infrastructure	0.575	0.63	Buy
06/19/23	OCBC	Keppel Infrastructure	0.49	0.605	Buy

Stock calls for 21 July 2023

Date	Analyst	Company	Last	Target	Call	Valuation
07/21/23	CIMB	DBS	32.74	35.5	Hold
07/21/23	Citi Research	Genting	0.95	1.23	Buy
07/21/23	Lim & Tan	Yangzijiang Financial	0.335	0.64	Buy

US economic confidence is still bearish!

Most economists (58%) are still projecting a US recession within 12 months.

Economists are projecting no interest rate cut in 2023.

The US leading economic index is still in a recessionary zone.

Keppel DC Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/26/22	DBS Vickers	Keppel DC Reit	2.01	2.5	Buy
07/26/22	CIMB	Keppel DC Reit	2.01	2.63	Add	DDM
07/26/22	Lim & Tan	Keppel DC Reit	2.01	2.27	Hold
10/27/22	DBS Vickers	Keppel DC Reit	1.74	2.2	Buy	DCF
10/31/22	CIMB	Keppel DC Reit	1.81	2.12	Add	DDM
11/28/22	CLSA	Keppel DC Reit	1.83	1.95	Outperform	Cut from $2
11/28/22	Citi Research	Keppel DC Reit	1.83	1.91	Hold
11/28/22	Phillip	Keppel DC Reit	1.83	2.58	Buy
02/01/23	DBS Vickers	Keppel DC Reit	2.04	2.35	Buy
02/02/23	CIMB	Keppel DC Reit	2.11	2.39	Add	DDM
02/03/23	OCBC	Keppel DC Reit	2.12	1.98	Hold	Up from $1.78
02/03/23	Citi Research	Keppel DC Reit	2.12	1.91	Hold	Sum of parts
04/10/23	DBS Vickers	Keppel DC Reit	2.08	2.35	Buy
04/19/23	Lim & Tan	Keppel DC Reit	2.08	2.14	Neutral
04/19/23	OCBC	Keppel DC Reit	2.08	2.05	Hold
04/21/23	Phillip	Keppel DC Reit	2.11	2.26	Accumulate	DDM
06/05/23	DBS Vickers	Keppel DC Reit	2.1	2.35	Buy