Stock calls for 10 November 2022

Date	Analyst	Company	Last	Target	Call	Valuation
11/10/22	DBS Vickers	APAC Realty	0.565	0.41	Fully Valued
11/10/22	DBS Vickers	Daiwa House	0.575	0.75	Buy
11/10/22	DBS Vickers	Duty Free	2.42	3.07	Buy	PER17.5x FY23
11/10/22	DBS Vickers	EC World Reit	0.44	0.55	Buy
11/10/22	DBS Vickers	Ireit	0.49	0.6	Buy
11/10/22	Lim & Tan	Ireit	0.49	0.69	Accumulate
11/10/22	phillip	Prime US Reit	0.48	0.88	Buy	DDM
11/10/22	DBS Vickers	Prime US Reit	0.48	0.65	Buy
11/10/22	DMG & Partners	Prime US Reit	0.48	0.77	Buy	DDM
11/10/22	DBS Vickers	Propnex	1.38	1.19	Fully Valued
11/10/22	Lim & Tan	Propnex	1.38	0	Neutral
11/10/22	UOB Kay Hian	SATS	2.72	3.08	Buy	Sum of parts
11/10/22	CIMB	SATS	2.72	3.45	Add
11/10/22	DBS Vickers	Singtel	2.55	3.24	Buy
11/10/22	Lim & Tan	Singtel	2.55	3.24	Accumulate
11/10/22	Kim Eng	Starhub	1.05	1.33	Buy
11/10/22	DMG & Partners	Starhub	1.05	1.07	Neutral	DCF
11/10/22	UOB Kay Hian	United Hampshire	0.49	0.68	Buy	DDM

Sarine - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/06/21	Kim Eng	Sarine	0.825	0.94	Buy	DCF
03/11/22	DBS Vickers	Sarine	0.515	0.45	Fully Valued	PER15.5x FY22
05/19/22	DBS Vickers	Sarine	0.46	0.5	Hold	PER12.5x FY22
08/12/22	DBS Vickers	Sarine	0.395	0.5	Buy
09/15/22	DBS Vickers	Sarine	0.37	0.5	Buy

Sanli - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/29/21	SAC Capital	Sanli	0.148	0.249	Buy	EV/Ebitda14.3x, PER10.8x FY22/23

Samudera - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/29/21	Lim & Tan	Samudera	0.425	0	Hold

Stock calls for 9 November 2022

Date	Analyst	Company	Last	Target	Call	Valuation
11/09/22	Kim Eng	AEM	3.31	3.43	Hold
11/09/22	Lim & Tan	Daiwa House	0.56	0.86	Buy
11/09/22	CIMB	Elite ComReit	0.49	0.59	Add
11/09/22	DBS Vickers	Grand Venture	0.505	0.57	Buy
11/09/22	OCBC	SIA Engineering	2.18	2.6	Buy
11/09/22	UOB Kay Hian	Singapore Medical	0.39	0.45	Accept offer	Revised offer $0.40
11/09/22	DMG & Partners	ST Engineering	3.33	4.15	Buy	Sum of parts
11/09/22	Lim & Tan	Tianjin Zhongxin	1	1.6	Buy

Sabana - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/23/21	DBS Vickers	Sabana	0.44	0.49	Buy
01/20/22	DBS Vickers	Sabana	0.45	0.49	Buy
01/20/22	Lim & Tan	Sabana	0.45	0	Hold
01/21/22	DBS Vickers	Sabana	0.455	0.48	Buy	DCF
07/21/22	Lim & Tan	Sabana	0.445	0.48	Buy
10/20/22	DBS Vickers	Sabana	0.405	0.48	Hold

Roxy Pacific - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
09/20/21	Lim & Tan	Roxy Pacific	0.405	0.485	Accept offer	offer price $0.485