Stock calls for 6 December 2023

Date	Analyst	Company	Last	Target	Call	Valuation
12/06/23	DBS Vickers	ART	0.95	1.2	Buy
12/06/23	Phillip	BRC Asia	1.74	1.99	Buy
12/06/23	DBS Vickers	BRC Asia	1.74	2	Buy	PER8x FY24
12/06/23	Lim & Tan	CapitaRetail China	0.84	1.09	Buy
12/06/23	DBS Vickers	CDL Hospitality	1.01	1.55	Buy
12/06/23	UOB Kay Hian	IHH Healthcare	1.67	1.844	Buy	Ringgit $6.40 target price, PER39.7x FY24
12/06/23	CIMB	IHH Healthcare	1.67	2.22	Add	Ringgit $7.70
12/06/23	Citi Research	Keppel Corp	6.75	8	Buy
12/06/23	CIMB	Keppel Corp	6.75	8.7	Add	EV/Ebitda13x CY23
12/06/23	Kim Eng	LHN	0.32	0.45	Buy	PER8x FY24
12/06/23	DMG & Partners	Marco Polo	0.05	0.07	Buy
12/06/23	Lim & Tan	Seatrium	0.1	0.17	Accumulate
12/06/23	Lim & Tan	Singtel	2.3	0	Accumulate

EC World Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/15/23	DBS Vickers	EC World Reit	0.295	0.4	Fully Valued
08/29/23	DBS Vickers	EC World Reit	0.28	0.4	Drop coverage	DCF
02/14/23	DBS Vickers	Elite ComReit	0.525	0.53	Hold	DCF
04/20/23	DBS Vickers	Elite ComReit	0.41	0.53	Hold
08/08/23	CIMB	Elite ComReit	0.295	0.49	Add	DDM
08/11/23	DBS Vickers	Elite ComReit	0.305	0.33	Hold	DCF
08/11/23	DBS Vickers	Elite ComReit	0.245	0.33	Hold
11/27/23	phillip	Elite ComReit	0.34	0.36	Buy	DDM

Dyna-Mac - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
04/18/23	Kim Eng	Dyna-Mac	0.24	0.35	Buy	PER9.5x FY23, Ex-cash
05/04/23	Kim Eng	Dyna-Mac	0.295	0.35	Buy
05/10/23	Kim Eng	Dyna-Mac	0.285	0.4	Buy
05/12/23	OCBC	Dyna-Mac	0.31	0.37	Buy
06/21/23	OCBC	Dyna-Mac	0.375	0.415	Buy	DCF
06/27/23	Kim Eng	Dyna-Mac	0.375	0.4	Buy
08/08/23	Kim Eng	Dyna-Mac	0.415	0.51	Buy	PER20x FY24
08/11/23	OCBC	Dyna-Mac	0.44	0.505	Buy
09/25/23	OCBC	Dyna-Mac	0.37	0.505	Buy
10/03/23	Kim Eng	Dyna-Mac	0.4	0.51	Buy