Sembcorp Industries - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/19/22	DBS Vickers	Sembcorp Industries	2.93	3.7	Buy	PB1.6x FY22
07/19/22	Lim & Tan	Sembcorp Industries	2.93	3.42	Buy
07/22/22	phillip	Sembcorp Industries	2.97	2.96	Neutral	PB1.2x FY22
08/03/22	Kim Eng	Sembcorp Industries	2.95	3.4	Buy	Sum of parts
08/05/22	Lim & Tan	Sembcorp Industries	3.01	3.3	Neutral
08/05/22	Citi Research	Sembcorp Industries	3.01	4.14	Buy
08/08/22	UOB Kay Hian	Sembcorp Industries	3.07	4.1	Buy	PER13.6x
08/08/22	DBS Vickers	Sembcorp Industries	3.07	3.8	Buy
08/08/22	Kim Eng	Sembcorp Industries	3.07	4.5	Buy	Sum of parts
08/08/22	OCBC	Sembcorp Industries	3.07	3.6	Buy
08/10/22	CIMB	Sembcorp Industries	3.18	3.8	Add
08/17/22	phillip	Sembcorp Industries	3.23	3.27	Neutral	PB1.2x FY22
09/06/22	UOB Kay Hian	Sembcorp Industries	3.33	4.1	Buy	PER13.6x
09/06/22	DBS Vickers	Sembcorp Industries	3.33	3.8	Buy
09/06/22	CIMB	Sembcorp Industries	3.33	4.78	Add
09/06/22	Lim & Tan	Sembcorp Industries	3.33	0	Neutral
09/07/22	phillip	Sembcorp Industries	3.48	3.68	Accumulate	PB1.2x FY23
09/09/22	Kim Eng	Sembcorp Industries	3.4	4	Buy	Sum of parts
10/18/22	Lim & Tan	Sembcorp Industries	2.88	4.01	Buy
10/20/22	Lim & Tan	Sembcorp Industries	2.82	4	Buy
10/27/22	UOB Kay Hian	Sembcorp Industries	2.82	4.1	Buy	PER13.8x FY23
11/14/22	UOB Kay Hian	Sembcorp Industries	3.04	4.1	Buy	PER13.6x FY23
11/14/22	DBS Vickers	Sembcorp Industries	3.04	3.8	Buy
11/14/22	Lim & Tan	Sembcorp Industries	3.04	4.03	Accumulate
11/15/22	phillip	Sembcorp Industries	3.02	3.68	Buy	PB1.2x FY22
11/24/22	CIMB	Sembcorp Industries	3.2	4.78	Add	PER12x FY23
11/28/22	Kim Eng	Sembcorp Industries	3.2	4	Buy
12/23/22	Lim & Tan	Sembcorp Industries	3.41	4.14	Accumulate
01/04/23	UOB Kay Hian	Sembcorp Industries	3.44	4.1	Buy	PER13.6x
01/27/23	OCBC	Sembcorp Industries	3.49	4.2	Buy
02/03/23	CIMB	Sembcorp Industries	3.59	5.12	Add	PER12x CY24
02/10/23	DBS Vickers	Sembcorp Industries	3.72	4.5	Buy	PER12x FY23
02/10/23	Citi Research	Sembcorp Industries	3.72	4.36	Buy
02/21/23	Lim & Tan	Sembcorp Industries	3.74	4.32	Accumulate
02/22/23	UOB Kay Hian	Sembcorp Industries	3.76	4.57	Buy	PER12.7x FY23
02/22/23	DBS Vickers	Sembcorp Industries	3.76	4.6	Buy
02/22/23	Kim Eng	Sembcorp Industries	3.76	4.35	Buy
03/03/23	UOB Kay Hian	Sembcorp Industries	3.63	4.1	Buy	PER13.6x FY23
03/14/23	UOB Kay Hian	Sembcorp Industries	3.77	4.64	Buy	PER12.7x FY23
03/14/23	CIMB	Sembcorp Industries	3.77	5.12	Add
03/14/23	Lim & Tan	Sembcorp Industries	3.77	4.55	Accumulate
03/20/23	OCBC	Sembcorp Industries	4.07	4.8	Buy
03/30/23	Lim & Tan	Sembcorp Industries	4.3	4.57	Hold
04/11/23	DBS Vickers	Sembcorp Industries	4.29	4.6	Buy
04/17/23	phillip	Sembcorp Industries	4.29	5.06	Buy	PER11x FY24
05/10/23	Citi Research	Sembcorp Industries	4.59	4.36	Buy
05/19/23	Lim & Tan	Sembcorp Industries	4.87	4.67	Hold
05/23/23	OCBC	Sembcorp Industries	4.88	5.4	Buy
05/26/23	CIMB	Sembcorp Industries	4.9	5.12	Add	PER12x FY24
05/29/23	Citi Research	Sembcorp Industries	5.02	5.98	Buy
06/07/23	CIMB	Sembcorp Industries	5.37	6.2	Add	PER14x FY24
06/07/23	OCBC	Sembcorp Industries	5.37	6.12	Buy
06/12/23	Kim Eng	Sembcorp Industries	5.47	6	Buy	PER12x FY24
06/21/23	DBS Vickers	Sembcorp Industries	5.15	6.5	Buy	PER15x FY23
06/21/23	Citi Research	Sembcorp Industries	5.15	5.98	Buy	Sum of parts
06/30/23	Kim Eng	Sembcorp Industries	5.54	6.1	Buy	PER12x FY24
08/04/23	DBS Vickers	Sembcorp Industries	5.6	6.5	Buy
08/04/23	Lim & Tan	Sembcorp Industries	5.6	6.2	Accumulate
08/07/23	UOB Kay Hian	Sembcorp Industries	5.6	7.2	Buy	PER13.6x
08/07/23	phillip	Sembcorp Industries	5.6	6	Accumulate	EV/Ebitda9x FY24
08/07/23	DBS Vickers	Sembcorp Industries	5.6	7.15	Buy	PER14x FY24
08/07/23	Kim Eng	Sembcorp Industries	5.6	6.3	Buy
08/07/23	Citi Research	Sembcorp Industries	5.6	7.13	Buy
08/07/23	OCBC	Sembcorp Industries	5.6	7.11	Buy
08/08/23	CIMB	Sembcorp Industries	6.09	6.85	Add
08/31/23	Lim & Tan	Sembcorp Industries	5.46	6.22	Accumulate
09/04/23	UOB Kay Hian	Sembcorp Industries	5.35	7.2	Buy	PER13.6x
10/02/23	Lim & Tan	Sembcorp Industries	5.09	6.64	Accumulate
10/03/23	DBS Vickers	Sembcorp Industries	5.17	7.15	Buy