Ascott Residence Trust (ART) - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
04/09/19	Phillip	ART	1.18	1.36	Buy	DDM, PB0.94x FY19
04/12/19	UOB Kay Hian	ART	1.2	1.46	Buy	DDM
04/15/19	OCBC	ART	1.2	1.25	Hold
05/02/19	OCBC	ART	1.2	1.25	Hold
05/02/19	UOB Kay Hian	ART	1.2	1.46	Buy
05/03/19	DBS Vickers	ART	1.2	1.35	Buy	DCF
05/06/19	Phillip	ART	1.21	1.36	Buy	DDM
06/10/19	UOB Kay Hian	ART	1.27	1.46	Buy
06/19/19	Phillip	ART	1.31	1.36	Buy
06/25/19	OCBC	ART	1.3	1.25	Hold
07/04/19	OCBC	ART	1.28	1.31	Hold
07/04/19	CIMB	ART	1.28	1.15	Hold	DDM
07/04/19	UOB Kay Hian	ART	1.28	1.46	Buy
07/05/19	Phillip	ART	1.31	1.36	Accumulate	DDM
07/31/19	CIMB	ART	1.3	1.31	Hold	DDM
07/31/19	UOB Kay Hian	ART	1.3	1.54	Buy
07/31/19	DBS Vickers	ART	1.3	1.45	Buy
08/02/19	DIR	ART	1.32	1.34	Outperform
08/02/19	Kim Eng	ART	1.32	1.3	Hold
08/02/19	Phillip	ART	1.32	1.36	Accumulate	DDM
08/27/19	UOB Kay Hian	ART	1.3	1.54	Buy
09/24/19	Phillip	ART	1.31	1.36	Accumulate
10/09/19	DBS Vickers	ART	1.32	1.45	Buy
10/11/19	Phillip	ART	1.31	1.42	Accumulate
10/22/19	OCBC	ART	1.37	1.31	Hold
10/31/19	UOB Kay Hian	ART	1.4	1.66	Buy	DDM
11/01/19	Kim Eng	ART	1.38	1.35	Hold	DDM
11/04/19	CIMB	ART	1.37	1.34	Hold
11/04/19	OCBC	ART	1.37	1.41	Hold
11/22/19	UOB Kay Hian	ART	1.31	1.66	Buy	DDM
11/25/19	Phillip	ART	1.32	1.36	Accumulate
11/25/19	DBS Vickers	ART	1.32	1.45	Buy
12/19/19	Kim Eng	ART	1.35	1.4	Hold	DDM
01/31/20	Kim Eng	ART	1.27	1.4	Hold	DDM
01/31/20	DBS Vickers	ART	1.27	1.5	Buy
02/03/20	UOB Kay Hian	ART	1.26	1.57	Buy
02/04/20	DBS Vickers	ART	1.26	1.5	Buy
02/05/20	Phillip	ART	1.24	1.53	Buy	DDM
02/19/20	OCBC	ART	1.26	1.4	Buy
03/13/20	Phillip	ART	1	1.53	Accumulate
03/16/20	OCBC	ART	0.95	1.11	Buy
03/20/20	UOB Kay Hian	ART	0.72	1.24	Buy	DDM

ARA Hospitality - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/18/19	UOB Kay Hian	ARA Hospitality	0.87	1.15	Buy
07/16/19	UOB Kay Hian	ARA Hospitality	0.885	1.15	Buy
08/01/19	UOB Kay Hian	ARA Hospitality	0.885	1.21	Buy	DDM
10/02/19	Amfrasers	ARA Hospitality	0.87	0.96	Outperform	DDM
11/07/19	UOB Kay Hian	ARA Hospitality	0.86	1.16	Buy	DDM
11/07/19	Amfrasers	ARA Hospitality	0.86	0.99	Outperform	DDM
12/02/19	Amfrasers	ARA Hospitality	0.855	0.99	Outperform	DDM
02/20/20	Amfrasers	ARA Hospitality	0.86	0.95	Outperform
02/20/20	UOB Kay Hian	ARA Hospitality	0.86	1.25	Buy
03/10/20	Amfrasers	ARA Hospitality	0.55	0.95	Outperform

APTV - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/16/19	Phillip	APTV	0.178	0.16	Reduce	EV/Ebitda11x
08/19/19	Phillip	APTV	0.17	0.165	Neutral	EV/Ebitda9.5x
11/12/19	Phillip	APTV	0.171	0.165	Neutral	EV/Ebitda9.5x
02/12/20	Phillip	APTV	0.167	0.165	Neutral	EV/Ebitda10x

Stock calls for 6 April 2020

Date	Analyst	Company	Last	Target	Call	Valuation
04/06/20	Lim & Tan	BRC Asia	1.04	0	Hold
04/06/20	CIMB	China Sunsine	0.28	0.38	Add	After stock split (1 into 2)
04/06/20	DBS Vickers	Dairy Farm	4.31	4.7	Buy
04/06/20	CIMB	Fu Yu	0.196	0.21	Add
04/06/20	DBS Vickers	Genting	0.65	0.81	Buy
04/06/20	UOB Kay Hian	Genting	0.65	0.8	Buy	EV/Ebitda8.9x FY20
04/06/20	Lim & Tan	KSH	0.29	0	Hold
04/06/20	Lim & Tan	PanUnited	0.27	0	Hold
04/06/20	DBS Vickers	Sheng Siong	1.22	1.45	Buy
04/06/20	CIMB	Sheng Siong	1.22	1.42	Add
04/06/20	DMG & Partners	Unusual	0.126	0.16	Buy	DCF
04/06/20	CIMB	Venture	13.46	17.66	Add