SBS Transit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
11/17/20	CIMB	SBS Transit	3.1	3.6	Add
02/11/21	CIMB	SBS Transit	2.97	3.6	Add
03/08/21	CIMB	SBS Transit	3.02	3.6	Add
05/11/21	CIMB	SBS Transit	3.06	3.5	Add
08/13/21	CIMB	SBS Transit	3	3.5	Add	PER13.2x CY21
09/02/21	DBS Vickers	SBS Transit	3.03	3.44	Hold	PB1.74x

SATS - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
10/01/20	DBS Vickers	SATS	2.83	3.66	Buy	DCF & PER25x FY22
10/08/20	UOB Kay Hian	SATS	3.11	3.4	Buy
10/28/20	CIMB	SATS	3.14	3	Hold
11/03/20	DBS Vickers	SATS	3.07	3.66	Buy
11/13/20	UOB Kay Hian	SATS	3.6	3.62	Hold	Buy @ $3.30
11/13/20	Citi Research	SATS	3.6	4.1	Buy
11/16/20	OCBC	SATS	3.8	4.31	Buy
11/16/20	CIMB	SATS	3.8	3.27	Hold
11/16/20	DBS Vickers	SATS	3.8	4.02	Buy	DCF & PER25x FY22
11/17/20	DBS Vickers	SATS	3.99	4.5	Buy	DCF & PER25x FY22
11/19/20	phillip	SATS	4.1	4.4	Neutral	PB3.3x
01/04/21	DBS Vickers	SATS	3.98	4.5	Buy
01/04/21	Citi Research	SATS	3.98	4.7	Buy
02/02/21	CIMB	SATS	3.85	4.3	Add	DCF
02/02/21	DBS Vickers	SATS	3.85	4.5	Buy
02/11/21	UOB Kay Hian	SATS	4.09	3.96	Hold	DCF
02/15/21	OCBC	SATS	4.12	4.95	Buy
03/19/21	UOB Kay Hian	SATS	4.56	4.27	Hold	EV/Invested capital basis
05/28/21	CIMB	SATS	3.86	4.3	Add	DCF
05/28/21	UOB Kay Hian	SATS	3.86	4.09	Hold
05/31/21	OCBC	SATS	3.97	4.84	Buy
06/02/21	DBS Vickers	SATS	4.03	4.5	Buy
06/09/21	Lim & Tan	SATS	4.05	0	Hold
06/10/21	UOB Kay Hian	SATS	4.08	4.09	Hold
07/23/21	CIMB	SATS	3.87	4.3	Add	DCF
07/23/21	Lim & Tan	SATS	3.87	0	Hold
07/26/21	OCBC	SATS	3.87	4.8	Buy
09/28/21	DBS Vickers	SATS	4.16	4.5	Buy
09/28/21	OCBC	SATS	4.16	4.8	Buy
10/11/21	Citi Research	SATS	4.17	4.7	Buy
10/18/21	CIMB	SATS	4.35	4.66	Hold
10/25/21	UOB Kay Hian	SATS	4.28	4.09	Hold

Stock calls for 28 October 2021

Date	Analyst	Company	Last	Target	Call	Valuation
10/28/21	DBS Vickers	Ascendas India Trust	1.4	1.85	Buy	DDM
10/28/21	CIMB	ESR-Reit	0.48	0.538	Add	DDM
10/28/21	UOB Kay Hian	Frasers Centrepoint Trust	2.36	2.98	Buy	DDM
10/28/21	DBS Vickers	Frasers Centrepoint Trust	2.36	2.9	Buy
10/28/21	Lim & Tan	Frasers Centrepoint Trust	2.36	2.8	Accumulate
10/28/21	DBS Vickers	Keppel Pacific	0.795	0.85	Buy	DCF
10/28/21	DMG & Partners	Keppel Reit	1.08	1.25	Buy
10/28/21	DBS Vickers	Mapletree Commercial	2.17	2.25	Buy	DCF
10/28/21	Lim & Tan	Mapletree Commercial	2.17	2.25	Hold
10/28/21	UOB Kay Hian	Mapletree Industrial	2.74	3.72	Buy	DDM
10/28/21	Kim Eng	Mapletree Industrial	2.74	3.35	Buy	DDM
10/28/21	UOB Kay Hian	Uni-Asia	1.4	2.34	Buy	PER8x FY21