Jiutian - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
11/04/20	UOB Kay Hian	Jiutian	0.098	0.16	Buy	PER5x FY21
11/12/20	UOB Kay Hian	Jiutian	0.115	0.18	Buy	PER5x FY21
11/26/20	Amfrasers	Jiutian	0.086	0.14	Not Rated
01/18/21	CIMB	Jiutian	0.1	0.145	Add	PER5.7x FY22
02/03/21	Amfrasers	Jiutian	0.104	0.155	Not Rated
02/24/21	UOB Kay Hian	Jiutian	0.107	0.128	Buy	PER5x FY21
02/25/21	CIMB	Jiutian	0.096	0.135	Add	PER5.7x FY22
04/13/21	CIMB	Jiutian	0.102	0.135	Add	PER5.7x FY22
04/29/21	CIMB	Jiutian	0.1	0.15	Add
05/06/21	UOB Kay Hian	Jiutian	0.096	0.138	Buy	PER5x FY21
05/18/21	Amfrasers	Jiutian	0.096	0.145	Outperform	PER7x FY22
07/12/21	Amfrasers	Jiutian	0.086	0.145	Outperform	PER7x FY22

Stock calls for 6 October 2021

Date	Analyst	Company	Last	Target	Call	Valuation
10/05/21	DMG & Partners	China Aviation Oil	0.95	1.08	Buy
10/05/21	CIMB	City Developments	6.92	8.97	Add	RNAV
10/05/21	DMG & Partners	Food Empire	0.77	1.23	Buy	PER15x FY22
10/05/21	Lim & Tan	Q&M	0.565	0.85	Buy
10/05/21	DBS Vickers	SPH Reit	0.93	0.92	Hold
10/05/21	Lim & Tan	SPH Reit	0.93	0.95	Hold
10/05/21	UOB Kay Hian	ST Engineering	3.88	4.05	Buy
10/05/21	DMG & Partners	ST Engineering	3.88	4.85	Buy
10/05/21	Citi Research	ST Engineering	3.88	3.65	Sell	PER20x FY22

Baltic dry index - 5202

 Related stock: Sembcorp Marine, Cosco & Pan ocean.

US rig count (weekly) - 528

 Related stock: Sembcorp Marine & Cosco.

JEP - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
10/27/20	UOB Kay Hian	JEP	0.175	0.2	Buy

Jardine Matheson - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
12/02/20	CIMB	Jardine Matheson	54.52	54.68	Hold	PB0.85x
03/09/21	CIMB	Jardine Matheson	62	54.68	Hold	PB0.85x

Japfa - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
10/13/20	CIMB	Japfa	0.65	0.96	Add
11/02/20	UOB Kay Hian	Japfa	0.645	0.98	Buy	Sum of parts
11/02/20	DBS Vickers	Japfa	0.645	1.03	Buy	sum of parts, PER11.3x FY21
12/08/20	UOB Kay Hian	Japfa	0.805	1	Buy	Sum of parts
12/08/20	DBS Vickers	Japfa	0.805	1.03	Buy	sum of parts, PER11.3x FY21
12/10/20	CIMB	Japfa	0.825	1	Add
03/02/21	CIMB	Japfa	0.935	1.18	Add
03/03/21	UOB Kay Hian	Japfa	0.94	1.17	Buy	Sum of parts, PER8.2x FY20
04/08/21	CIMB	Japfa	0.9	1.18	Add
05/03/21	CIMB	Japfa	0.915	1.22	Add
05/03/21	UOB Kay Hian	Japfa	0.915	1.17	Buy
07/02/21	CIMB	Japfa	0.82	1.22	Add	PER11.5x FY22
08/02/21	CIMB	Japfa	0.765	1.06	Add
08/03/21	UOB Kay Hian	Japfa	0.735	0.77	Hold	Sum of parts
08/25/21	DBS Vickers	Japfa	0.675	1.05	Buy	Sum of parts, PER8x FY21/22
09/09/21	CIMB	Japfa	0.71	1.06	Add	PER10x FY22