Keppel Corp - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/04/23	UOB Kay Hian	Keppel Corp	7.27	10.11	Buy	Sum of parts
01/05/23	Phillip	Keppel Corp	7.22	8.95	Buy
01/05/23	Lim & Tan	Keppel Corp	7.22	9.18	Accumulate
02/02/23	Phillip	Keppel Corp	7.64	8.95	Buy	Sum of parts
02/03/23	UOB Kay Hian	Keppel Corp	7.65	9.68	Buy	Sum of parts
02/03/23	CIMB	Keppel Corp	7.65	10.04	Add	Sum of parts
02/03/23	Lim & Tan	Keppel Corp	7.65	9.2	Accumulate
02/07/23	Phillip	Keppel Corp	7.18	9.54	Buy	Sum of parts
02/08/23	Citi Research	Keppel Corp	7.11	8.66	Buy
03/03/23	UOB Kay Hian	Keppel Corp	5.43	9.09	Buy	Sum of parts
03/03/23	Citi Research	Keppel Corp	5.43	5.64	Buy
03/17/23	Lim & Tan	Keppel Corp	5.32	6.45	Accumulate
03/17/23	Phillip	Keppel Corp	5.32	7.21	Buy
04/17/23	DBS Vickers	Keppel Corp	5.95	8.3	Buy	Sum of parts
04/21/23	UOB Kay Hian	Keppel Corp	6.23	9.09	Buy	Sum of parts
04/21/23	Lim & Tan	Keppel Corp	6.23	6.62	Hold
04/24/23	Phillip	Keppel Corp	6.46	7.01	Accumulate	Sum of parts
04/25/23	Lim & Tan	Keppel Corp	6.41	7.14	Hold
04/26/23	CIMB	Keppel Corp	6.35	8.7	Add
04/26/23	Citi Research	Keppel Corp	6.35	7.51	Buy	Sum of parts
05/04/23	CIMB	Keppel Corp	6.4	8.7	Add	Sum of parts
05/04/23	Lim & Tan	Keppel Corp	6.4	7.31	Accumulate on weakness
05/26/23	Lim & Tan	Keppel Corp	6.31	7.35	Accumulate on weakness
06/16/23	Lim & Tan	Keppel Corp	7.05	7.56	Accumulate on weakness
06/21/23	DBS Vickers	Keppel Corp	6.6	8.3	Buy	Sum of parts
07/06/23	UOB Kay Hian	Keppel Corp	6.67	9.09	Buy	Sum of parts
07/11/23	Lim & Tan	Keppel Corp	6.47	7.56	Accumulate on weakness
07/24/23	CIMB	Keppel Corp	6.79	8.7	Add	Sum of parts
07/28/23	DBS Vickers	Keppel Corp	6.96	8.3	Buy
07/28/23	Lim & Tan	Keppel Corp	6.96	7.67	Accumulate
07/31/23	Phillip	Keppel Corp	7.2	7.7	Accumulate
08/03/23	UOB Kay Hian	Keppel Corp	7.29	9.09	Buy
09/04/23	UOB Kay Hian	Keppel Corp	6.94	9.09	Buy	Sum of parts
09/04/23	Lim & Tan	Keppel Corp	6.94	7.87	Buy
10/02/23	Lim & Tan	Keppel Corp	6.8	7.88	Accumulate
10/03/23	DBS Vickers	Keppel Corp	6.78	8.3	Buy
10/11/23	Lim & Tan	Keppel Corp	6.62	7.87	Accumulate
10/20/23	UOB Kay Hian	Keppel Corp	6.25	9.09	Buy	Sum of parts
10/20/23	DBS Vickers	Keppel Corp	6.25	8.05	Buy	Sum of parts
10/23/23	CIMB	Keppel Corp	6.33	8.7	Add
10/23/23	Phillip	Keppel Corp	6.33	7.52	Buy
11/21/23	Lim & Tan	Keppel Corp	6.43	7.52	Accumulate
11/30/23	UOB Kay Hian	Keppel Corp	6.43	9.09	Buy	Sum of parts
12/01/23	Lim & Tan	Keppel Corp	6.67	7.52	Accumulate
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
01/08/24	Lim & Tan	Keppel Corp	7.05	7.52	Accumulate on weakness
01/10/24	DBS Vickers	Keppel Corp	6.95	8.05	Buy
01/30/24	UOB Kay Hian	Keppel Corp	6.85	9.09	Buy
02/01/24	Lim & Tan	Keppel Corp	7.16	7.89	Accumulate
02/02/24	DBS Vickers	Keppel Corp	7.15	9	Buy	Sum of parts
02/02/24	UOB Kay Hian	Keppel Corp	7.15	8.89	Buy	Sum of parts
02/02/24	CIMB	Keppel Corp	7.15	8.98	Add	Sum of parts
02/05/24	Phillip	Keppel Corp	7.29	7.98	Accumulate	Sum of parts
02/05/24	Lim & Tan	Keppel Corp	7.29	7.66	Accumulate

Jumbo - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/17/23	CIMB	Jumbo	0.29	0.4	Add	PER20x FY24
06/05/23	SAC Capital	Jumbo	0.285	0.42	Buy	PER15.4x & EV/Ebitda3.6x FY23
01/15/24	CIMB	Jumbo	0.285	0.36	Add	PER14x FY25

Jiutian - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/28/23	UOB Kay Hian	Jiutian	0.038	0.18	Buy

Stock calls for 8 March 2024

Date	Analyst	Company	Last	Target	Call	Valuation
03/08/24	DMG & Partners	APAC Realty	0.41	0.44	Neutral	DCF
03/08/24	DBS Vickers	APAC Realty	0.41	0.48	Hold
03/08/24	Lim & Tan	Hongkong Land	3.15	3.76	Accumulate
03/08/24	Phillip	LHN	0.335	0.39	Buy	PER6.5x FY24
03/08/24	DBS Vickers	Singtel	2.37	3.27	Buy
03/08/24	Lim & Tan	Singtel	2.37	2.84	Accumulate	PB1.8x
03/08/24	CIMB	Singtel	2.37	2.87	Add	Sum of parts
03/08/24	UOB Kay Hian	United Hampshire	0.465	0.68	Buy	DDM
03/08/24	CIMB	Wilmar	3.36	3.94	Add