Stock calls for 20 April 2021

Date	Analyst	Company	Last	Target	Call	Valuation
04/20/21	DBS Vickers	OCBC	11.96	13.6	Buy	GGM, PB1.1x FY22
04/20/21	DBS Vickers	Parkway Life	4.1	4.5	Buy	DCF
04/20/21	UOB Kay Hian	Thai Beverage	0.72	0.92	Buy	Sum of parts
04/20/21	CIMB	Thai Beverage	0.72	0.95	Add	PER20x FY21
04/20/21	DBS Vickers	UOB	26.23	29.2	Buy	GGM, PB1.1x FY22

KSH - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/03/20	Lim & Tan	KSH	0.345	0	Neutral
09/10/20	Lim & Tan	KSH	0.325	0	Hold
09/29/20	Lim & Tan	KSH	0.33	0	Accumulate
11/16/20	Lim & Tan	KSH	0.31	0	Buy on weakness
04/06/21	Lim & Tan	KSH	0.36	0	Accumulate

Koufu - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/01/20	DBS Vickers	Koufu	0.65	0.68	Hold
06/15/20	DBS Vickers	Koufu	0.655	0.75	Buy	PER17x FY20/21
06/15/20	CIMB	Koufu	0.655	0.86	Add	PER19x FY21
07/02/20	CIMB	Koufu	0.695	0.86	Add	PER19x FY21
07/03/20	DBS Vickers	Koufu	0.715	0.75	Buy
07/03/20	UOB Kay Hian	Koufu	0.715	0.78	Buy
07/03/20	Lim & Tan	Koufu	0.715	0	Hold
08/12/20	DBS Vickers	Koufu	0.68	0.77	Buy	PER17x FY21
08/13/20	UOB Kay Hian	Koufu	0.675	0.78	Buy
08/13/20	Lim & Tan	Koufu	0.675	0	Buy on weakness
08/17/20	CIMB	Koufu	0.685	0.86	Add
08/25/20	Lim & Tan	Koufu	0.675	0	Accumulate
09/11/20	DBS Vickers	Koufu	0.67	0.77	Buy
10/16/20	UOB Kay Hian	Koufu	0.655	0.73	Buy	PER17.2x FY21
11/23/20	UOB Kay Hian	Koufu	0.66	0.73	Buy
12/16/20	CIMB	Koufu	0.66	0.94	Add
01/06/21	DBS Vickers	Koufu	0.685	0.77	Buy
02/25/21	UOB Kay Hian	Koufu	0.665	0.77	Buy
02/25/21	DBS Vickers	Koufu	0.665	0.77	Buy	PER17x FY21
03/01/21	Phillip	Koufu	0.66	0.68	Accumulate	PER18.5x FY21, Cut from $0.77
03/01/21	CIMB	Koufu	0.66	0.94	Add
03/15/21	UOB Kay Hian	Koufu	0.665	0.77	Buy

Kimly - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/16/20	DMG & Partners	Kimly	0.22	0.24	Neutral
06/26/20	DMG & Partners	Kimly	0.225	0.26	Buy	DCF
08/28/20	DMG & Partners	Kimly	0.255	0.26	Buy
10/12/20	UOB Kay Hian	Kimly	0.265	0.36	Buy
10/12/20	DMG & Partners	Kimly	0.265	0.32	Buy	Up from $0.29
11/30/20	UOB Kay Hian	Kimly	0.29	0.36	Buy
12/08/20	DMG & Partners	Kimly	0.305	0.34	Buy	DCF
01/19/21	DMG & Partners	Kimly	0.335	0.39	Buy