ESR Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/13/23	DMG & Partners	ESR-Reit	0.32	0.4	Buy	DDM
06/26/23	DBS Vickers	ESR-Reit	0.32	0.42	Buy	DCF
06/26/23	Citi Research	ESR-Reit	0.32	0.37	Buy	Sum of parts
06/27/23	Kim Eng	ESR-Reit	0.315	0.37	Buy	DDM
07/20/23	DMG & Partners	ESR-Reit	0.34	0.4	Buy
07/27/23	DBS Vickers	ESR-Reit	0.345	0.38	Buy	DCF
07/27/23	CIMB	ESR-Reit	0.345	0.39	Add	DDM
07/28/23	Kim Eng	ESR-Reit	0.345	0.38	Buy
10/02/23	DBS Vickers	ESR-Reit	0.28	0.38	Buy
10/27/23	DBS Vickers	ESR-Reit	0.25	0.34	Buy	DCF
10/30/23	CIMB	ESR-Reit	0.26	0.39	Add	DDM
10/31/23	Kim Eng	ESR-Reit	0.265	0.31	Buy	DDM
11/20/23	DMG & Partners	ESR-Reit	0.3	0.38	Buy
01/22/24	Lim & Tan	ESR-Reit	0.32	0.36	Accumulate
02/01/24	DBS Vickers	ESR-Reit	0.31	0.34	Buy	DCF
02/02/24	DMG & Partners	ESR-Reit	0.33	0.38	Buy
04/12/24	DBS Vickers	ESR-Reit	0.305	0.34	Buy
04/24/24	CIMB	ESR-Reit	0.29	0.39	Add	DDM
04/26/24	Kim Eng	ESR-Reit	0.29	0.33	Buy
06/10/24	DMG & Partners	ESR-Reit	0.285	0.35	Buy	DDM
07/29/24	Kim Eng	ESR-Reit	0.275	0.32	Buy
08/01/24	DBS Vickers	ESR-Reit	0.275	0.34	Buy	DCF
08/01/24	DMG & Partners	ESR-Reit	0.275	0.34	Buy	DDM
09/24/24	DBS Vickers	ESR-Reit	0.28	0.34	Buy	DCF

Emperador - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/04/23	UOB Kay Hian	Emperador	0.5	0.57	Hold	PER31.5x FY23
08/25/23	UOB Kay Hian	Emperador	0.505	0.45	Hold	PER32x FY23
11/22/23	UOB Kay Hian	Emperador	0.515	0.48	Hold	PER32x FY23
09/27/24	UOB Kay Hian	Emperador	0.435	0.3	Sell

Stock calls for 1 October 2024

Date	Analyst	Company	Last	Target	Call	Valuation
10/01/24	DBS Vickers	ART	0.975	1.15	Buy	DCF
10/01/24	Lim & Tan	Civmec	1	1.2	Accumulate	PER10.1x
10/01/24	DMG & Partners	Manulife US Reit	0.124	0.12	Neutral	DDM
10/01/24	DBS Vickers	Mapletree Industrial	2.43	2.6	Buy	DDM
10/01/24	DBS Vickers	Sheng Siong	1.53	1.8	Buy	PER18x FY25