Singapore Post - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/28/22	CIMB	Singapore Post	0.635	0.9	Add
03/01/22	DBS Vickers	Singapore Post	0.63	0.7	Hold	DCF
03/02/22	UOB Kay Hian	Singapore Post	0.635	0.78	Buy	Buy @ $0.62, Sum of parts
04/26/22	UOB Kay Hian	Singapore Post	0.685	0.86	Buy	Sum of parts
04/27/22	CIMB	Singapore Post	0.715	0.9	Add
05/17/22	UOB Kay Hian	Singapore Post	0.705	0.9	Buy	Sum of parts
05/17/22	CIMB	Singapore Post	0.705	0.9	Add
05/18/22	OCBC	Singapore Post	0.71	0.85	Buy
06/22/22	Lim & Tan	Singapore Post	0.65	0.82	Accumulate
06/30/22	UOB Kay Hian	Singapore Post	0.67	0.87	Buy	Sum of parts
07/18/22	CIMB	Singapore Post	0.645	0.8	Add	PER18.8x FY23
07/18/22	Lim & Tan	Singapore Post	0.645	0.79	Accumulate on weakness
07/22/22	UOB Kay Hian	Singapore Post	0.64	0.78	Buy	Sum of parts, PER21.2x FY23
08/22/22	UOB Kay Hian	Singapore Post	0.62	0.61	Hold	PER21.3x
08/22/22	CIMB	Singapore Post	0.62	0.55	Reduce	PER15.8x FY23
08/23/22	Lim & Tan	Singapore Post	0.6	0.62	Hold
11/04/22	UOB Kay Hian	Singapore Post	0.54	0.52	Hold	PER21.3x
11/04/22	CIMB	Singapore Post	0.54	0.55	Hold	PER15.8x FY23
11/08/22	OCBC	Singapore Post	0.53	0.56	Hold
12/19/22	Lim & Tan	Singapore Post	0.535	0.53	Hold
01/12/23	CIMB	Singapore Post	0.52	0.55	Hold
01/12/23	Lim & Tan	Singapore Post	0.52	0.53	Hold
01/13/23	UOB Kay Hian	Singapore Post	0.53	0.58	Hold	PER21.3x
02/22/23	UOB Kay Hian	Singapore Post	0.54	0.6	Hold	PER21.3x
02/24/23	CIMB	Singapore Post	0.535	0.58	Hold
05/12/23	UOB Kay Hian	Singapore Post	0.515	0.46	Hold	PER21.3x
05/12/23	CIMB	Singapore Post	0.515	0.55	Hold

Singapore O&G - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/08/22	Lim & Tan	Singapore o&g	2.5	0	Accept offer

Singapore Medical - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/10/22	UOB Kay Hian	Singapore Medical	0.305	0.53	Buy	PER14x FY22
04/28/22	Lim & Tan	Singapore Medical	0.33	0.5	Buy
07/07/22	UOB Kay Hian	Singapore Medical	0.3	0.53	Buy
08/31/22	Lim & Tan	Singapore Medical	0.315	0.43	Buy
09/22/22	UOB Kay Hian	Singapore Medical	0.365	0.45	Reject offer	PER14x FY22, Offer @ $0.38
10/19/22	Lim & Tan	Singapore Medical	0.365	0	Accept offer
11/03/22	Lim & Tan	Singapore Medical	0.38	0.43	Accept offer	Revised offer $0.40
11/09/22	UOB Kay Hian	Singapore Medical	0.39	0.45	Accept offer	Revised offer $0.40

Stock calls for 19 May 2023

Date	Analyst	Company	Last	Target	Call	Valuation
05/19/23	UOB Kay Hian	Centurion	0.34	0.43	Buy	PER5.8x FY23
05/19/23	DMG & Partners	Comfortdelgro	1.12	1.25	Buy	DCF
05/19/23	DBS Vickers	Dairy Farm	2.78	3.8	Buy
05/19/23	Lim & Tan	Hongkong Land	4.38	5.11	Accumulate
05/19/23	DBS Vickers	Netlink	0.895	0.98	Buy
05/19/23	Citi Research	OCBC	12.14	12.2	Hold
05/19/23	Kim Eng	OCBC	12.14	13.19	Hold
05/19/23	UOB Kay Hian	Prime US Reit	0.21	0.61	Buy	DDM
05/19/23	DBS Vickers	Sarine	0.45	0.33	Fully Valued
05/19/23	Lim & Tan	Sembcorp Industries	4.87	4.67	Hold

Sin Heng - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
11/18/22	Lim & Tan	Sin Heng	0.45	0.75	Buy