CNMC - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
10/16/24	Lim & Tan	CNMC	0.245	0	Buy
12/09/24	Lim & Tan	CNMC	0.255	0	Buy
01/02/25	Lim & Tan	CNMC	0.245	0	Buy
01/02/25	SAC Capital	CNMC	0.245	0.33	Buy
02/05/25	Lim & Tan	CNMC	0.305	0	Buy
03/11/25	Lim & Tan	CNMC	0.31	0.43	Accumulate
03/17/25	SAC Capital	CNMC	0.325	0.45	Buy
03/20/25	Lim & Tan	CNMC	0.335	0.48	Buy	PER12.1x FY25 & DCF
04/01/25	phillip	CNMC	0.345	0.49	Buy	DCF, PER10.3x FY25
06/02/25	Lim & Tan	CNMC	0.425	0	Buy
06/20/25	phillip	CNMC	0.435	0.544	Buy	DCF

Civmec - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/20/24	Lim & Tan	Civmec	0.82	1.14	Accumulate
06/21/24	UOB Kay Hian	Civmec	0.815	1.23	Buy	PER11x FY24
07/02/24	Kim Eng	Civmec	0.83	1.05	Buy
07/02/24	Lim & Tan	Civmec	0.83	1.14	Accumulate
07/16/24	Lim & Tan	Civmec	0.87	1.2	Accumulate	PER11x FY24
08/30/24	Kim Eng	Civmec	0.94	1.05	Buy
08/30/24	Lim & Tan	Civmec	0.94	1.2	Accumulate
09/16/24	Lim & Tan	Civmec	0.94	1.2	Accumulate	PER10.1x
09/16/24	UOB Kay Hian	Civmec	0.94	1.32	Buy
10/01/24	Lim & Tan	Civmec	1	1.2	Accumulate	PER10.1x
10/22/24	UOB Kay Hian	Civmec	1.04	1.4	Buy	PER12x FY25
10/30/24	Lim & Tan	Civmec	1.12	1.29	Accumulate
11/01/24	UOB Kay Hian	Civmec	1.13	1.4	Buy	PER12x FY25
12/10/24	Lim & Tan	Civmec	1.12	0	Accumulate on weakness
01/02/25	UOB Kay Hian	Civmec	1.08	1.4	Buy	PER12x FY25
01/02/25	Kim Eng	Civmec	1.08	1.2	Buy
01/14/25	Lim & Tan	Civmec	1.04	0	Accumulate on weakness
02/14/25	Lim & Tan	Civmec	1.05	0.83	Sell
02/17/25	UOB Kay Hian	Civmec	0.895	0.98	Hold	PER12x FY26
02/18/25	Kim Eng	Civmec	0.875	0.89	Hold
03/12/25	Lim & Tan	Civmec	0.785	0.83	Sell
06/26/25	Lim & Tan	Civmec	0.86	0	Accumulate on weakness
07/02/25	Lim & Tan	Civmec	0.905	0.96	Accumulate on weakness
07/24/25	UOB Kay Hian	Civmec	0.935	0.8	Hold
07/24/25	Kim Eng	Civmec	0.935	1.05	Buy	PER14x FY26

City Developments - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/05/24	DBS Vickers	City Developments	5.63	10.5	Buy	RNAV (35% disc)
06/11/24	DMG & Partners	City Developments	5.4	7.3	Buy	RNAV (50% disc)
06/26/24	Citi Research	City Developments	5.34	9.51	Buy
07/16/24	CIMB	City Developments	5.5	8.97	Add	RNAV
08/06/24	OCBC	City Developments	5.13	6.75	Buy	RNAV (45% disc)
08/14/24	Lim & Tan	City Developments	5.22	7.4	Accumulate	RNAV (at least $17.17)
08/15/24	UOB Kay Hian	City Developments	5.21	7	Buy	RNAV
08/15/24	DMG & Partners	City Developments	5.21	7.3	Buy	RNAV (50% disc)
08/19/24	phillip	City Developments	5.08	6.87	Buy	RNAV (45% disc)
09/17/24	CIMB	City Developments	5.45	8.97	Add	RNAV
09/26/24	DMG & Partners	City Developments	5.31	7.3	Buy	RNAV (50% disc)
10/14/24	DBS Vickers	City Developments	5.24	10.5	Buy	RNAV (35% disc)
10/15/24	DMG & Partners	City Developments	5.24	7.3	Buy	RNAV (50% disc)
10/16/24	CIMB	City Developments	5.17	8.97	Add	RNAV
11/25/24	Lim & Tan	City Developments	5.14	8	Buy
11/26/24	phillip	City Developments	5.26	6.87	Buy	RNAV (45% disc)
11/27/24	DMG & Partners	City Developments	5.2	7.3	Buy	RNAV (50% disc)
11/29/24	Citi Research	City Developments	5.21	9.51	Buy
12/04/24	UOB Kay Hian	City Developments	5.29	8	Buy
12/04/24	JPM	City Developments	5.29	6.05	Equal-weight
01/17/25	Lim & Tan	City Developments	5.05	6.98	Buy
01/17/25	DMG & Partners	City Developments	5.05	7.3	Buy	RNAV (50% disc)
02/27/25	UOB Kay Hian	City Developments	5.12	4.6	Hold	PB0.72x
02/27/25	DBS Vickers	City Developments	5.12	6.7	Buy	RNAV (60% disc)
02/27/25	Lim & Tan	City Developments	5.12	6.76	Accumulate on weakness
03/03/25	DMG & Partners	City Developments	5.12	4.75	Neutral
03/03/25	Citi Research	City Developments	5.12	9.51	Buy	RNAV (40% disc)
03/03/25	OCBC	City Developments	5.12	6.02	Buy	RNAV (60% disc)
03/03/25	JPM	City Developments	5.12	4.85	Equal-weight	RNAV (60% disc)
03/17/25	phillip	City Developments	5.05	6.02	Buy	RNAV (45% disc)
05/21/25	Lim & Tan	City Developments	4.73	5.91	Accumulate
05/21/25	DMG & Partners	City Developments	4.73	4.7	Neutral
05/22/25	phillip	City Developments	4.79	6.02	Buy	RNAV (45% disc)
05/22/25	CIMB	City Developments	4.79	8.97	Add	RNAV
06/05/25	UOB Kay Hian	City Developments	4.99	4.6	Hold	PB0.72x
06/05/25	Lim & Tan	City Developments	4.99	5.91	Accumulate
06/09/25	DMG & Partners	City Developments	5.25	4.9	Neutral
06/23/25	DBS Vickers	City Developments	4.99	6.7	Buy	RNAV (60% disc)
07/02/25	CIMB	City Developments	5.24	8.97	Add	RNAV
07/16/25	JPM	City Developments	5.57	6.85	Overweight
07/18/25	Citi Research	City Developments	5.87	9.01	Buy
07/25/25	OCBC	City Developments	6.2	6.01	Hold

Stock calls for 29 July 2025

Date	Analyst	Company	Last	Target	Call	Valuation
07/29/25	DBS Vickers	ART	0.905	1.15	Buy	DCF
07/29/25	Lim & Tan	ART	0.905	1.11	Accumulate
07/29/25	DBS Vickers	ESR-Reit	2.64	3.1	Buy	DCF
07/29/25	DBS Vickers	Haw Par	13.55	23.5	Buy	Sum of parts (20% disc)
07/29/25	DBS Vickers	Hotel Properties	5.21	5	Hold	RNAV (50% disc)
07/29/25	UOB Kay Hian	Ifast Corp	8.17	9.92	Buy	PER29x FY26
07/29/25	DBS Vickers	Ifast Corp	8.17	10	Buy	Sum of parts & DCF
07/29/25	DBS Vickers	Mapletree Industrial	2.07	2.6	Buy	DCF
07/29/25	UOB Kay Hian	Raffles Medical	1.07	1.25	Buy	PER31x FY25
07/29/25	DBS Vickers	Raffles Medical	1.07	1.32	Buy	PER30x FY26
07/29/25	Kim Eng	SIA	7.6	6.75	Sell
07/29/25	CIMB	SIA	7.6	6.8	Reduce
07/29/25	DBS Vickers	SIA	7.6	6.4	Hold	EV/Ebitda5x FY26
07/29/25	Lim & Tan	SIA	7.6	6.85	Hold
07/29/25	Citi Research	SIA	7.6	6.15	Sell	PB1.15x FY26

China Sunsine - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
10/07/24	UOB Kay Hian	China Sunsine	0.48	0.58	Buy	PER7.5x FY25
11/01/24	UOB Kay Hian	China Sunsine	0.455	0.58	Buy	PER7.5x FY25
11/18/24	CIMB	China Sunsine	0.44	0.47	Add
01/02/25	UOB Kay Hian	China Sunsine	0.445	0.58	Buy	PER7.5x FY25
03/04/25	UOB Kay Hian	China Sunsine	0.48	0.58	Buy	PER7.5x FY25
03/26/25	UOB Kay Hian	China Sunsine	0.52	0.63	Buy	PER7.5x FY25
04/10/25	UOB Kay Hian	China Sunsine	0.5	0.63	Buy	PER7.5x FY25
05/27/25	UOB Kay Hian	China Sunsine	0.57	0.63	Buy	PER7.5x FY25
06/03/25	UOB Kay Hian	China Sunsine	0.55	0.63	Buy	PER7.5x FY25
07/02/25	UOB Kay Hian	China Sunsine	0.55	0.63	Buy	PER7.5x FY25