Daiwa House - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/12/23	DBS Vickers	Daiwa House	0.57	0.8	Buy
08/03/23	Lim & Tan	Daiwa House	0.615	0.77	Accumulate
08/04/23	DBS Vickers	Daiwa House	0.61	0.8	Buy
11/03/23	Lim & Tan	Daiwa House	0.52	0.8	Accumulate
12/08/23	DBS Vickers	Daiwa House	0.595	0.8	Buy
01/02/24	DBS Vickers	Daiwa House	0.655	0.8	Buy
01/03/24	Lim & Tan	Daiwa House	0.655	0.8	Accumulate
02/01/24	DBS Vickers	Daiwa House	0.645	0.8	Buy
03/01/24	DBS Vickers	Daiwa House	0.64	0.75	Buy	DCF
04/29/24	Lim & Tan	Daiwa House	0.58	0.75	Accumulate
04/30/24	DBS Vickers	Daiwa House	0.57	0.75	Buy	DCF

Stock calls for 30 April 2024

Date	Analyst	Company	Last	Target	Call	Valuation
04/30/24	CIMB	Capitaland Investment	2.63	4.3	Add
04/30/24	DBS Vickers	CDL Hospitality	0.975	1.45	Buy
04/30/24	DBS Vickers	Daiwa House	0.57	0.75	Buy	DCF
04/30/24	DBS Vickers	Far East Hospitality	0.615	0.8	Buy
04/30/24	DBS Vickers	Ireit	0.325	0.44	Hold
04/30/24	UOB Kay Hian	Mapletree Commercial	1.26	1.89	Buy	DDM
04/30/24	DBS Vickers	Mapletree Logistics	1.34	1.75	Buy	DCF
04/30/24	Lim & Tan	Mapletree Logistics	1.34	1.66	Accumulate
04/30/24	CIMB	SIA	6.55	6.76	Hold	PB
04/30/24	Lim & Tan	Singtel	2.35	3.08	Accumulate on weakness
04/30/24	Citi Research	Singtel	2.35	3	Buy
04/30/24	DBS Vickers	Starhill	0.48	0.68	Buy

What will the US Fed do on 1st May 2024?

According to the Fedwatch tool above, the US Fed is expected to hold its rates on 1st May (FOMC).  This is not surprising because the US inflation is starting to rear its head again.

Dairy Farm - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/19/23	DBS Vickers	Dairy Farm	2.78	3.8	Buy
05/22/23	UOB Kay Hian	Dairy Farm	3.06	3.72	Buy	PER30x FY23
07/11/23	DMG & Partners	Dairy Farm	2.84	3.09	Neutral
07/31/23	DBS Vickers	Dairy Farm	2.75	3.8	Buy	PER17.4x FY24
08/01/23	UOB Kay Hian	Dairy Farm	2.75	3.49	Buy	PER34x FY23/24
08/01/23	CIMB	Dairy Farm	2.75	2.9	Hold	PER15.6x CY24
08/02/23	Citi Research	Dairy Farm	2.64	3.28	Buy
08/02/23	DMG & Partners	Dairy Farm	2.64	2.92	Neutral	Sum of parts
08/28/23	DMG & Partners	Dairy Farm	2.4	2.92	Buy	Sum of parts
09/19/23	DMG & Partners	Dairy Farm	2.62	2.92	Buy
11/10/23	DBS Vickers	Dairy Farm	2.35	3.8	Buy	PER17.4x FY24
12/12/23	DMG & Partners	Dairy Farm	2.26	2.92	Buy
01/05/24	DMG & Partners	Dairy Farm	2.26	2.92	Buy	PER17x FY24
01/24/24	DBS Vickers	Dairy Farm	2.02	3.8	Buy	PER17.4x FY24
03/11/24	UOB Kay Hian	Dairy Farm	2.14	2.39	Buy	PER21x
03/11/24	CIMB	Dairy Farm	2.14	2.3	Add
03/11/24	Citi Research	Dairy Farm	2.14	3.13	Buy
03/12/24	DBS Vickers	Dairy Farm	2.15	2.7	Buy	PER17.4x FY24
03/27/24	DMG & Partners	Dairy Farm	2.07	2.8	Buy