Keppel Corp - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/05/21	Phillip	Keppel Corp	5.42	6.12	Buy
01/25/21	UOB Kay Hian	Keppel Corp	5.64	6.3	Buy
01/29/21	UOB Kay Hian	Keppel Corp	5.46	6.1	Buy
01/29/21	CIMB	Keppel Corp	5.46	6.4	Add	Sum of parts
01/29/21	DBS Vickers	Keppel Corp	5.46	5.85	Hold	Sum of parts, PB1.1x FY21
01/29/21	OCBC	Keppel Corp	5.46	5.2	Hold
01/29/21	Lim & Tan	Keppel Corp	5.46	0	Accumulate
02/01/21	Phillip	Keppel Corp	5.01	6.12	Buy	Sum of parts (10% discount), PB1x FY21
03/17/21	UOB Kay Hian	Keppel Corp	5.18	6.1	Buy	PB
03/17/21	OCBC	Keppel Corp	5.18	5.5	Buy
03/17/21	Lim & Tan	Keppel Corp	5.22	0	Buy
03/31/21	CIMB	Keppel Corp	5.34	6.4	Add	Sum of parts
04/23/21	CIMB	Keppel Corp	5.33	6.4	Add	Sum of parts
04/23/21	UOB Kay Hian	Keppel Corp	5.33	6.37	Buy
04/23/21	DBS Vickers	Keppel Corp	5.33	6.2	Buy	PB1x
04/23/21	Lim & Tan	Keppel Corp	5.33	0	Accumulate
04/26/21	Phillip	Keppel Corp	5.45	6.12	Buy	Sum of parts (10% discount), PB1x FY21
05/05/21	CIMB	Keppel Corp	5.33	6.4	Add	Sum of parts
05/11/21	Lim & Tan	Keppel Corp	5.31	0	Accumulate
05/11/21	Citi Research	Keppel Corp	5.31	6.35	Buy	Sum of parts (10% discount)
06/08/21	CIMB	Keppel Corp	5.35	6.4	Add
06/09/21	Phillip	Keppel Corp	5.29	6.12	Buy	Sum of parts (10% discount), PB1x FY21
06/09/21	UOB Kay Hian	Keppel Corp	5.29	6.37	Buy	Sum of parts
06/25/21	OCBC	Keppel Corp	5.11	6.33	Buy
06/28/21	Phillip	Keppel Corp	5.4	6.2	Buy	Sum of parts (10% discount), PB1x FY21
06/28/21	DBS Vickers	Keppel Corp	5.4	6.2	Buy	PB1x
06/29/21	Macquarie	Keppel Corp	5.6	5.44	Neutral
07/06/21	Phillip	Keppel Corp	5.37	6.12	Buy
07/07/21	UOB Kay Hian	Keppel Corp	5.42	6.37	Buy
07/30/21	UOB Kay Hian	Keppel Corp	5.39	6.48	Buy	Sum of parts
07/30/21	CIMB	Keppel Corp	5.39	6.9	Add
07/30/21	Lim & Tan	Keppel Corp	5.39	0	Buy
08/02/21	Phillip	Keppel Corp	5.49	6.28	Buy	Sum of parts
08/03/21	Lim & Tan	Keppel Corp	5.49	0	Accumulate
08/06/21	CIMB	Keppel Corp	5.55	6.9	Add
08/06/21	OCBC	Keppel Corp	5.55	6.33	Buy
08/06/21	UOB Kay Hian	Keppel Corp	5.55	6.48	Buy
08/12/21	Macquarie	Keppel Corp	5.42	6.15	Outperform	Sum of parts
08/26/21	DBS Vickers	Keppel Corp	5.35	6.2	Buy	PB1x
09/17/21	CIMB	Keppel Corp	5.27	6.9	Add	Sum of parts
09/27/21	UOB Kay Hian	Keppel Corp	5.22	6.48	Buy
10/08/21	Lim & Tan	Keppel Corp	5.22	6.37	Accumulate
10/08/21	DBS Vickers	Keppel Corp	5.22	6.2	Buy
10/19/21	Phillip	Keppel Corp	5.53	7.07	Buy	Sum of parts
10/25/21	UOB Kay Hian	Keppel Corp	5.51	6.48	Buy
10/26/21	Lim & Tan	Keppel Corp	5.48	6.44	Accumulate
10/29/21	UOB Kay Hian	Keppel Corp	5.37	6.74	Buy	Sum of parts
11/01/21	CIMB	Keppel Corp	5.38	6.9	Add
11/01/21	DBS Vickers	Keppel Corp	5.38	6.2	Buy
11/03/21	Phillip	Keppel Corp	5.32	7.07	Buy	Sum of parts
11/22/21	UOB Kay Hian	Keppel Corp	5.34	6.74	Buy
12/07/21	Lim & Tan	Keppel Corp	5.13	6.68	Accumulate
12/13/21	UOB Kay Hian	Keppel Corp	5.24	6.74	Buy
01/07/22	Phillip	Keppel Corp	5.11	7.07	Buy	Sum of parts
01/21/22	Lim & Tan	Keppel Corp	5.31	6.7	Accumulate
01/24/22	DBS Vickers	Keppel Corp	5.38	6.2	Buy
01/26/22	UOB Kay Hian	Keppel Corp	5.31	6.74	Buy
01/28/22	UOB Kay Hian	Keppel Corp	5.29	6.94	Buy	Sum of parts
01/28/22	DBS Vickers	Keppel Corp	5.29	6.9	Buy	Sum of parts
01/28/22	Lim & Tan	Keppel Corp	5.29	6.67	Accumulate
01/28/22	Citi Research	Keppel Corp	5.29	6.35	Buy	Sum of parts (10% discount)
02/08/22	Amfrasers	Keppel Corp	5.89	6.22	Buy	Sum of parts
02/10/22	CIMB	Keppel Corp	6.04	7.2	Add
02/10/22	DBS Vickers	Keppel Corp	6.04	6.9	Buy
02/10/22	Lim & Tan	Keppel Corp	6.04	6.8	Accumulate
02/11/22	Phillip	Keppel Corp	6.03	7.07	Buy	Sum of parts
02/18/22	OCBC	Keppel Corp	6.08	7	Buy
03/14/22	UOB Kay Hian	Keppel Corp	6.13	6.94	Buy
04/01/22	CIMB	Keppel Corp	6.42	7.2	Add	Sum of parts
04/01/22	Lim & Tan	Keppel Corp	6.42	6.85	Buy
04/04/22	Phillip	Keppel Corp	6.46	7.07	Buy	Sum of parts

Stock calls for 5 April 2022

Date	Analyst	Company	Last	Target	Call	Valuation
04/05/22	UOB Kay Hian	ART	1.12	1.29	Buy
04/05/22	Phillip	ART	1.12	1.23	Accumulate
04/05/22	Lim & Tan	CSE Global	0.475	0	Hold
04/05/22	UOB Kay Hian	Frasers Centrepoint Trust	2.43	2.98	Buy
04/05/22	Phillip	Frasers Centrepoint Trust	2.43	2.64	Buy
04/05/22	DBS Vickers	GuocoLand	1.53	2.3	Buy	RNAV (60% disc)
04/05/22	Phillip	HRnetGroup	0.775	1.18	Buy
04/05/22	DMG & Partners	HRnetGroup	0.775	1.01	Buy	PER14x FY22
04/05/22	UOB Kay Hian	Jiutian	0.09	0.168	Buy	PER4.3x FY22
04/05/22	UOB Kay Hian	Mapletree Commercial	1.9	2.48	Buy
04/05/22	UOB Kay Hian	Mapletree Industrial	2.71	3.72	Buy
04/05/22	CIMB	Yangzijiang	1.56	2.41	Add	Sum of parts

Jumbo - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/20/21	DBS Vickers	Jumbo	0.34	0.21	Fully Valued	PER18x FY22
09/28/21	DBS Vickers	Jumbo	0.295	0.21	Fully Valued
11/25/21	Lim & Tan	Jumbo	0.3	0	Hold
01/14/22	Lim & Tan	Jumbo	0.315	0	Hold

Jiutian - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
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
10/19/21	CIMB	Jiutian	0.091	0.14	Add
11/12/21	CIMB	Jiutian	0.079	0.14	Add
01/11/22	UOB Kay Hian	Jiutian	0.078	0.14	Buy	PER5x FY21
01/20/22	CIMB	Jiutian	0.083	0.15	Add
03/01/22	CIMB	Jiutian	0.082	0.15	Add