Lendlease Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/04/24	UOB Kay Hian	Lendlease Reit	0.55	0.96	Buy
06/24/24	Phillip	Lendlease Reit	0.57	0.83	Buy	DDM
07/02/24	UOB Kay Hian	Lendlease Reit	0.56	0.85	Buy
07/15/24	DBS Vickers	Lendlease Reit	0.605	0.9	Buy
07/22/24	Phillip	Lendlease Reit	0.56	0.83	Buy	DDM
07/29/24	Kim Eng	Lendlease Reit	0.6	0.7	Buy
08/07/24	Phillip	Lendlease Reit	0.565	0.8	Buy	DDM
08/07/24	DBS Vickers	Lendlease Reit	0.565	0.75	Buy
08/13/24	CIMB	Lendlease Reit	0.55	0.74	Add
08/13/24	Citi Research	Lendlease Reit	0.55	0.58	Hold
09/06/24	CIMB	Lendlease Reit	0.595	0.71	Add	DDM
10/03/24	Lim & Tan	Lendlease Reit	0.625	0.73	Accumulate
11/01/24	UOB Kay Hian	Lendlease Reit	0.575	0.73	Buy	DDM
11/12/24	DBS Vickers	Lendlease Reit	0.565	0.75	Buy
11/13/24	Phillip	Lendlease Reit	0.57	0.8	Buy	DDM
11/13/24	UOB Kay Hian	Lendlease Reit	0.57	0.77	Buy	DDM
11/27/24	Phillip	Lendlease Reit	0.565	0.76	Buy	DDM
01/02/25	UOB Kay Hian	Lendlease Reit	0.55	0.77	Buy	DDM
02/05/25	Phillip	Lendlease Reit	0.54	0.74	Buy	DDM
02/05/25	CIMB	Lendlease Reit	0.54	0.69	Add	DDM
02/07/25	UOB Kay Hian	Lendlease Reit	0.53	0.72	Buy	DDM
02/07/25	DBS Vickers	Lendlease Reit	0.53	0.75	Buy
03/06/25	UOB Kay Hian	Lendlease Reit	0.49	0.72	Buy	DDM
04/01/25	UOB Kay Hian	Lendlease Reit	0.51	0.72	Buy	DDM
05/08/25	DBS Vickers	Lendlease Reit	0.515	0.75	Buy
05/09/25	Phillip	Lendlease Reit	0.505	0.69	Buy	DDM
05/21/25	UOB Kay Hian	Lendlease Reit	0.49	0.72	Buy	DDM

Stock calls for 13 June 2025

Date	Analyst	Company	Last	Target	Call	Valuation
06/13/25	DBS Vickers	A-Reit	2.6	3.2	Buy	DCF
06/13/25	DBS Vickers	Mapletree Industrial	1.95	2.6	Buy	DCF
06/13/25	UOB Kay Hian	SGX	13.86	14.08	Hold	PER23x FY26
06/13/25	Lim & Tan	SGX	13.86	13.48	Hold
06/13/25	DBS Vickers	SIA Engineering	3.07	3.5	Buy	PER21x FY26
06/13/25	Lim & Tan	UOB Kay Hian	1.97	0	Accumulate
06/13/25	DMG & Partners	Venture	11.45	12.6	Buy	PER15x FY26

Ley Choon - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/02/25	Lim & Tan	Ley Choon	0.067	0	Accumulate

KSH - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
11/15/24	Lim & Tan	KSH	0.2	0	Accumulate
05/30/25	Lim & Tan	KSH	0.235	0	Accumulate

Kimly - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/22/24	UOB Kay Hian	Kimly	0.31	0.35	Hold
12/09/24	UOB Kay Hian	Kimly	0.32	0.34	Hold	PER12x FY25

Stock calls for 12 June 2025

Date	Analyst	Company	Last	Target	Call	Valuation
06/12/25	Lim & Tan	Centurion	1.53	0	Accumulate on weakness
06/12/25	phillip	DBS	44.87	46.9	Accumulate
06/12/25	phillip	OCBC	16.16	17.6	Accumulate
06/12/25	CIMB	Q&M	0.4	0.49	Add
06/12/25	DBS Vickers	SIA	7.06	6.4	Hold	EV/Ebitda5x FY26
06/12/25	UOB Kay Hian	UMS	1.21	1.32	Buy	PER17.5x FY26
06/12/25	phillip	UOB	35.12	36.3	Accumulate

The US inflation inflation is no longer moving lower because of Trump's tariffs.

US inflation: 2.4%

US core inflation: 2.8%

The US inflation is no longer moving lower because of Trump's 10% tariffs (minimum).

Let's see when the US businesses will pass the tariff costs to the US consumers.

Keppel Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/04/24	UOB Kay Hian	Keppel Reit	0.855	1.2	Buy	DDM
06/26/24	DMG & Partners	Keppel Reit	0.84	1.08	Buy
07/02/24	UOB Kay Hian	Keppel Reit	0.84	1.15	Buy	DDM
07/25/24	DBS Vickers	Keppel Reit	0.875	1.15	Buy
07/25/24	DMG & Partners	Keppel Reit	0.875	1.08	Buy
07/29/24	Kim Eng	Keppel Reit	0.875	1	Buy
07/31/24	CIMB	Keppel Reit	0.885	1.15	Add	DDM
07/31/24	DMG & Partners	Keppel Reit	0.885	1.05	Buy	DDM
08/01/24	Lim & Tan	Keppel Reit	0.875	1.01	Accumulate
08/05/24	Kim Eng	Keppel Reit	0.88	1	Buy	DDM
08/05/24	OCBC	Keppel Reit	0.88	0.98	Buy
08/22/24	UOB Kay Hian	Keppel Reit	0.855	1.15	Buy	DDM
08/30/24	DMG & Partners	Keppel Reit	0.885	1.05	Buy	DDM
09/11/24	Lim & Tan	Keppel Reit	0.925	1.02	Accumulate
10/02/24	DMG & Partners	Keppel Reit	0.96	1.05	Buy	DDM
10/22/24	DBS Vickers	Keppel Reit	0.94	1.15	Buy
10/22/24	Lim & Tan	Keppel Reit	0.94	1.02	Accumulate
10/23/24	UOB Kay Hian	Keppel Reit	0.925	1.25	Buy	DDM
10/23/24	Kim Eng	Keppel Reit	0.925	1.05	Buy
10/23/24	CIMB	Keppel Reit	0.925	1.15	Add
10/23/24	Citi Research	Keppel Reit	0.925	0.9	Hold
11/04/24	DBS Vickers	Keppel Reit	0.895	1.15	Buy
12/16/24	DMG & Partners	Keppel Reit	0.855	1.05	Buy	DDM
01/02/25	UOB Kay Hian	Keppel Reit	0.87	1.25	Buy	DDM
01/10/25	DMG & Partners	Keppel Reit	0.875	1.05	Buy	DDM
01/28/25	Lim & Tan	Keppel Reit	0.86	1.02	Accumulate
01/28/25	CIMB	Keppel Reit	0.86	1.09	Add
01/31/25	UOB Kay Hian	Keppel Reit	0.86	1.06	Buy	DDM
02/03/25	DMG & Partners	Keppel Reit	0.855	1.05	Buy	DDM
03/06/25	UOB Kay Hian	Keppel Reit	0.815	1.06	Buy	DDM
03/17/25	DBS Vickers	Keppel Reit	0.86	1.1	Buy
04/01/25	UOB Kay Hian	Keppel Reit	0.86	1.06	Buy	DDM
04/23/25	DBS Vickers	Keppel Reit	0.83	1.1	Buy
04/23/25	Lim & Tan	Keppel Reit	0.83	1	Accumulate
04/24/25	DMG & Partners	Keppel Reit	0.845	1.05	Buy
05/21/25	UOB Kay Hian	Keppel Reit	0.855	1.06	Buy	DDM

Keppel Pacific - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/26/24	DMG & Partners	Keppel Pacific	0.136	0.29	Buy
08/01/24	UOB Kay Hian	Keppel Pacific	0.2	0.34	Buy	DDM
08/01/24	DMG & Partners	Keppel Pacific	0.2	0.29	Buy	DDM
10/08/24	UOB Kay Hian	Keppel Pacific	0.225	0.39	Buy	DDM
10/23/24	DBS Vickers	Keppel Pacific	0.265	0.21	Hold	PB0.3x
10/25/24	UOB Kay Hian	Keppel Pacific	0.265	0.38	Buy	DDM
01/10/25	DMG & Partners	Keppel Pacific	0.2	0.29	Buy	DDM
01/13/25	UOB Kay Hian	Keppel Pacific	0.2	0.32	Buy	DDM
02/05/25	UOB Kay Hian	Keppel Pacific	0.24	0.33	Buy	DDM
02/05/25	DMG & Partners	Keppel Pacific	0.24	0.29	Buy	DDM
02/07/25	DBS Vickers	Keppel Pacific	0.24	0.28	Hold	PB0.4x
03/06/25	UOB Kay Hian	Keppel Pacific	0.22	0.33	Buy	DDM
03/27/25	DBS Vickers	Keppel Pacific	0.215	0.28	Hold	PB0.4x
04/02/25	UOB Kay Hian	Keppel Pacific	0.2	0.24	Buy	DDM
04/22/25	DMG & Partners	Keppel Pacific	0.179	0.19	Neutral	DDM

Keppel Infrastructure - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/13/24	OCBC	Keppel Infrastructure	0.45	0.55	Buy
09/06/24	OCBC	Keppel Infrastructure	0.45	0.51	Buy
09/09/24	DBS Vickers	Keppel Infrastructure	0.455	0.57	Buy	DDM
10/23/24	DBS Vickers	Keppel Infrastructure	0.47	0.57	Buy	DDM
11/20/24	OCBC	Keppel Infrastructure	0.445	0.51	Buy
12/19/24	DBS Vickers	Keppel Infrastructure	0.445	0.57	Buy	DDM
01/06/25	DBS Vickers	Keppel Infrastructure	0.445	0.57	Buy	DDM
02/04/25	Lim & Tan	Keppel Infrastructure	0.455	0.5	Hold
04/02/25	OCBC	Keppel Infrastructure	0.42	0.5	Buy
04/24/25	DBS Vickers	Keppel Infrastructure	0.405	0.45	Hold	DDM

Stock calls for 11 June 2025

Date	Analyst	Company	Last	Target	Call	Valuation
06/11/25	DBS Vickers	Elite ComReit	0.335	0.36	Buy	DCF
06/11/25	CIMB	Elite ComReit	0.335	0.35	Add
06/11/25	Lim & Tan	Elite ComReit	0.335	0	Accumulate on weakness
06/11/25	Kim Eng	Frencken	1.15	1.34	Buy	PER12x FY25/26
06/11/25	Lim & Tan	Raffles Medical	0.975	1.11	Accumulate on weakness