Stock calls for 29 January 2026

Date	Analyst	Company	Last	Target	Call	Valuation
01/29/26	DBS Vickers	Genting	0.73	0.8	Hold	DCF & EV/Ebitda5.3x FY26
01/29/26	CIMB	Genting	0.73	0.785	Add	EV/Ebitda
01/29/26	UOB Kay Hian	Hong Leong Asia	3.15	4.2	Buy	Sum of parts
01/29/26	DBS Vickers	Mapletree Industrial	2.11	2.45	Buy	DCF
01/29/26	OCBC	Mapletree Industrial	2.11	2.34	Buy
01/29/26	Lim & Tan	Mapletree Industrial	2.11	2.21	Accumulate on weakness
01/29/26	OCBC	OUE Commercial	0.375	0.4	Buy
01/29/26	UOB Kay Hian	Seatrium	2.12	2.96	Buy	PB1.5x
01/29/26	Phillip	United Hampshire	0.54	0.69	Buy	DDM
01/29/26	UOB Kay Hian	Yangzijiang Shipping	3.35	4.1	Buy	PER9.3x FY26

Grand Venture - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/06/25	DBS Vickers	Grand Venture	0.82	1.04	Buy	PER21x FY26
02/26/25	DBS Vickers	Grand Venture	0.84	1.12	Buy	PER21x FY26
04/11/25	DBS Vickers	Grand Venture	0.61	1.12	Buy	PER21x FY26
06/02/25	DBS Vickers	Grand Venture	0.84	1.12	Buy	PER21x FY26
06/05/25	Lim & Tan	Grand Venture	0.935	0	Hold
07/11/25	DBS Vickers	Grand Venture	0.955	1.12	Buy	PER21x FY26
07/11/25	Lim & Tan	Grand Venture	0.955	0.94	Hold	Offer $0.94

Grand Banks Yacht - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/05/25	Lim & Tan	Grand Banks Yacht	0.53	0	Buy
05/19/25	Lim & Tan	Grand Banks Yacht	0.535	0.51	Hold
06/10/25	Lim & Tan	Grand Banks Yacht	0.485	0	Hold
10/27/25	Lim & Tan	Grand Banks Yacht	0.745	1.12	Buy	PER10.6x FY26
11/21/25	Lim & Tan	Grand Banks Yacht	0.785	0	Buy
01/28/26	Lim & Tan	Grand Banks Yacht	0.82	1.33	Buy

Golden Agri - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/09/25	DMG & Partners	Golden Agri	0.25	0.25	Neutral	Sum of parts, cut from $0.26 target price
09/18/25	OCBC	Golden Agri	0.3	0.3	Hold

Stock calls for 28 January 2026

Date	Analyst	Company	Last	Target	Call	Valuation
01/28/26	Lim & Tan	Grand Banks Yacht	0.82	1.33	Buy
01/28/26	Kim Eng	Isoteam	0.087	0.1	Buy	PER
01/28/26	UOB Kay Hian	Mapletree Logistics	1.37	1.38	Hold	DDM
01/28/26	Lim & Tan	Mapletree Logistics	1.37	1.41	Hold
01/28/26	DMG & Partners	OCBC	21.42	21.3	Neutral
01/28/26	CIMB	OUE Commercial	0.36	0.41	Add	DDM

Geo Energy - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/17/25	Lim & Tan	Geo Energy	0.31	0.68	Buy
03/26/25	Amfrasers	Geo Energy	0.3	0.64	outperform	DCF
03/28/25	Lim & Tan	Geo Energy	0.325	0.64	Accumulate
04/01/25	Phillip	Geo Energy	0.33	0.47	Buy	DCF
04/21/25	Lim & Tan	Geo Energy	0.335	0.59	Buy
04/25/25	Lim & Tan	Geo Energy	0.35	0.6	Buy	DCF
05/19/25	Phillip	Geo Energy	0.36	0.47	Buy	DCF
05/19/25	Amfrasers	Geo Energy	0.36	0.71	outperform	DCF
05/22/25	Lim & Tan	Geo Energy	0.35	0.59	Buy
06/10/25	Amfrasers	Geo Energy	0.37	0.69	outperform	DCF
09/04/25	Phillip	Geo Energy	0.39	0.47	Buy	DCF
09/09/25	Lim & Tan	Geo Energy	0.425	0.58	Buy
09/26/25	Phillip	Geo Energy	0.45	0.59	Buy	DCF
09/30/25	Lim & Tan	Geo Energy	0.475	0.59	Buy
11/26/25	Phillip	Geo Energy	0.43	0.59	Buy	DCF
12/23/25	Amfrasers	Geo Energy	0.43	0.76	outperform	DCF

Genting - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/02/25	UOB Kay Hian	Genting	0.765	1.12	Buy	EV/Ebitda9.3x FY25
02/03/25	CIMB	Genting	0.755	1.05	Add	EV/Ebitda
02/21/25	UOB Kay Hian	Genting	0.775	1.12	Buy	EV/Ebitda9.3x FY25
02/21/25	DBS Vickers	Genting	0.775	0.95	Buy	Sum of parts
04/24/25	DBS Vickers	Genting	0.735	0.95	Buy	Sum of parts
04/25/25	CIMB	Genting	0.75	1.05	Add	EV/Ebitda8x
04/25/25	Citi Research	Genting	0.75	1.14	Buy	Sum of parts
05/15/25	UOB Kay Hian	Genting	0.735	0.9	Buy	EV/Ebitda8x FY25
05/16/25	DBS Vickers	Genting	0.715	0.9	Buy	DCF & EV/Ebitda6.5x FY25
07/10/25	DBS Vickers	Genting	0.74	0.8	Hold	DCF & EV/Ebitda5.3x FY26
07/10/25	CIMB	Genting	0.74	1.05	Add	EV/Ebitda8x
08/04/25	DBS Vickers	Genting	0.735	0.8	Hold	DCF & EV/Ebitda5.3x FY26
08/08/25	UOB Kay Hian	Genting	0.755	0.89	Hold	EV/Ebitda8x FY26
10/14/25	DBS Vickers	Genting	0.715	0.8	Hold	DCF & EV/Ebitda5.3x FY26
11/07/25	UOB Kay Hian	Genting	0.73	0.89	Buy	EV/Ebitda8x FY26
11/07/25	DBS Vickers	Genting	0.73	0.8	Hold	DCF & EV/Ebitda5.3x FY26
11/07/25	CIMB	Genting	0.73	0.785	Add
11/11/25	Kim Eng	Genting	0.77	1	Buy
01/05/26	UOB Kay Hian	Genting	0.725	0.89	Buy	EV/Ebitda8x FY26

Frencken - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
12/16/24	DMG & Partners	Frencken	1.17	1.71	Buy	PER16x FY24/25
01/20/25	DBS Vickers	Frencken	1.12	1.47	Buy	PER15x FY25
02/19/25	DMG & Partners	Frencken	1.14	1.71	Buy	PER16x FY24/25
02/28/25	DBS Vickers	Frencken	1.05	1.48	Buy	PER15x FY25
03/03/25	UOB Kay Hian	Frencken	1.04	1.16	Buy	PER12.5x FY25
03/06/25	CIMB	Frencken	1.08	1.4	Add
03/13/25	Kim Eng	Frencken	1.07	1.34	Buy	PER12x FY25/26
04/11/25	DBS Vickers	Frencken	0.955	1.48	Buy	PER15x FY25
04/22/25	UOB Kay Hian	Frencken	0.965	1.16	Buy	PER12.5x FY25
04/24/25	CIMB	Frencken	1.05	1.15	Add
05/21/25	DBS Vickers	Frencken	1.14	1.48	Buy	PER15x FY25
05/22/25	UOB Kay Hian	Frencken	1.13	1.4	Buy	PER15x FY25
05/22/25	CIMB	Frencken	1.13	1.27	Add
06/03/25	UOB Kay Hian	Frencken	1.14	1.4	Buy	PER15x FY25
06/11/25	Kim Eng	Frencken	1.15	1.34	Buy	PER12x FY25/26
06/11/25	DMG & Partners	Frencken	1.15	1.48	Buy
07/11/25	Phillip	Frencken	1.29	1.76	Buy	PER18x FY25
07/21/25	Kim Eng	Frencken	1.45	1.75	Buy
07/25/25	DBS Vickers	Frencken	1.62	2.03	Buy	PER20x FY25/26
07/28/25	CIMB	Frencken	1.67	1.91	Add	PER
08/05/25	UOB Kay Hian	Frencken	1.67	2.08	Buy	PER21x FY26
08/15/25	DBS Vickers	Frencken	1.54	2.03	Buy	PER20x FY25/26
08/20/25	Phillip	Frencken	1.45	1.76	Buy	PER18x FY25
08/26/25	DMG & Partners	Frencken	1.43	1.68	Buy	PER17x FY25
10/17/25	DBS Vickers	Frencken	1.42	2.03	Buy	PER20x FY25/26
11/17/25	DBS Vickers	Frencken	1.54	2.03	Buy	PER20x FY25/26
11/18/25	UOB Kay Hian	Frencken	1.52	1.8	Buy	PER18.8x FY26
11/18/25	DBS Vickers	Frencken	1.52	1.92	Buy	PER20x FY26
11/18/25	CIMB	Frencken	1.52	1.72	Add	PER
11/18/25	Lim & Tan	Frencken	1.52	1.83	Accumulate on weakness
11/19/25	Phillip	Frencken	1.47	1.87	Buy
01/09/26	DBS Vickers	Frencken	1.44	1.92	Buy	PER20x FY26
01/19/26	Macquarie	Frencken	1.59	1.76	outperform