The Iran war situation report. - Part 56

Iran has released the video footage of US combat ship getting hit by missiles despite the US denial.

The bad news is that the Iran war looks set to resume soon.

Furthermore, Iran has escalated the tension by threatening to destroy the US data centre in UAE.

Hotel Properties - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/29/25	DBS Vickers	Hotel Properties	5.21	5	Hold	RNAV (50% disc)

HongKong Land - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/10/25	Lim & Tan	Hongkong Land	4.46	4.73	Accumulate
03/10/25	DBS Vickers	Hongkong Land	4.46	5.25	Buy
03/10/25	CIMB	Hongkong Land	4.46	4.82	Hold
04/25/25	DBS Vickers	Hongkong Land	4.22	5.52	Buy
04/28/25	DBS Vickers	Hongkong Land	4.64	5.62	Buy	RNAV (46% disc)
04/28/25	CIMB	Hongkong Land	4.64	4.91	Hold	RNAV
05/23/25	Lim & Tan	Hongkong Land	5.23	0	Accumulate
05/26/25	DBS Vickers	Hongkong Land	5.27	5.62	Buy	RNAV (46% disc)
07/31/25	DBS Vickers	Hongkong Land	6.3	7.2	Buy	RNAV (35% disc)
09/19/25	Lim & Tan	Hongkong Land	6.65	6.97	Buy
09/29/25	DBS Vickers	Hongkong Land	6.25	7.6	Buy	RNAV (31% disc)
11/21/25	Lim & Tan	Hongkong Land	6.3	7.5	Accumulate
11/21/25	DBS Vickers	Hongkong Land	6.3	7.7	Buy	RNAV (31% disc)
11/24/25	MorningStar	Hongkong Land	6.33	7.1	4-Star
12/12/25	Lim & Tan	Hongkong Land	6.93	7.5	Accumulate on weakness
12/15/25	MorningStar	Hongkong Land	7.15	7.4	3-Star	Up from $7.10
02/04/26	DBS Vickers	Hongkong Land	8.67	10.13	Buy	RNAV (15% disc)
03/06/26	Lim & Tan	Hongkong Land	8.15	9.09	Accumulate on weakness
03/09/26	DBS Vickers	Hongkong Land	8.38	10.17	Buy	RNAV (15% disc)
03/20/26	Lim & Tan	Hongkong Land	8.28	9.42	Accumulate on weakness
04/29/26	Lim & Tan	Hongkong Land	7.89	10.07	Accumulate

Hong Leong Finance - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/30/26	DBS Vickers	Hong Leong Finance	2.69	3.2	Buy	PB0.7x FY26

Stock calls for 5 May 2026

Date	Analyst	Company	Last	Target	Call	Valuation
05/05/26	CIMB	AEM	7.42	10.15	Add	PER
05/05/26	DBS Vickers	Frasers Logistics	0.97	1.05	Buy	DCF
05/05/26	Lim & Tan	Frasers Logistics	0.97	1.1	Accumulate
05/05/26	Lim & Tan	Keppel Corp	10.87	12.94	Accumulate
05/05/26	DMG & Partners	Sheng Siong	3.04	3.45	Buy
05/05/26	DBS Vickers	Ultragreen	1.49	2	Buy	PER26x FY26
05/05/26	Amfrasers	Winking	0.23	0.3	Outperform	DCF

Hong Leong Asia - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/14/25	UOB Kay Hian	Hong Leong Asia	1	1.11	Buy	Sum of parts
03/24/25	UOB Kay Hian	Hong Leong Asia	1.02	1.46	Buy	Sum of parts
05/27/25	UOB Kay Hian	Hong Leong Asia	1.17	1.46	Buy	Sum of parts
06/23/25	UOB Kay Hian	Hong Leong Asia	1.33	1.46	Buy	Sum of parts
07/07/25	CIMB	Hong Leong Asia	1.6	1.95	Add
07/10/25	UOB Kay Hian	Hong Leong Asia	1.63	1.93	Buy	Sum of parts
08/18/25	UOB Kay Hian	Hong Leong Asia	1.88	2.63	Buy	Sum of parts
08/19/25	DBS Vickers	Hong Leong Asia	1.95	2.8	Buy	Sum of parts
08/25/25	OCBC	Hong Leong Asia	2.4	3.4	Buy
09/15/25	UOB Kay Hian	Hong Leong Asia	2.43	2.82	Buy	Sum of parts
11/26/25	UOB Kay Hian	Hong Leong Asia	2.13	2.82	Buy	Sum of parts
01/29/26	UOB Kay Hian	Hong Leong Asia	3.15	4.2	Buy	Sum of parts
02/02/26	OCBC	Hong Leong Asia	3.43	3.5	Buy	DCF
02/27/26	DBS Vickers	Hong Leong Asia	3.06	3.9	Buy	Sum of parts
02/27/26	OCBC	Hong Leong Asia	3.06	4.2	Buy	DCF
03/03/26	UOB Kay Hian	Hong Leong Asia	3.1	4.71	Buy	Sum of parts
03/27/26	Lim & Tan	Hong Leong Asia	2.85	4.2	Accumulate
03/30/26	DBS Vickers	Hong Leong Asia	2.84	3.9	Buy	Sum of parts
04/22/26	DBS Vickers	Hong Leong Asia	3.17	3.9	Buy	Sum of parts
04/22/26	UOB Kay Hian	Hong Leong Asia	3.17	4.9	Buy	Sum of parts
05/04/26	UOB Kay Hian	Hong Leong Asia	2.91	4.9	Buy	Sum of parts

Ho Bee - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/10/25	Lim & Tan	Ho Bee	1.89	0	Accumulate
03/06/26	DBS Vickers	Ho Bee	2.18	2.82	Buy	RNAV (50% disc)

Haw Par - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/29/25	DBS Vickers	Haw Par	13.55	23.5	Buy
03/23/26	Macquarie	Haw Par	15.9	20.6	outperform

Stock calls for 4 May 2026

Date	Analyst	Company	Last	Target	Call	Valuation
05/04/26	UOB Kay Hian	Beng Kuang Marine	0.485	0.64	Buy	PER12.1x FY27
05/04/26	Uob Kay Hian	Capitaland Integrated Commercial Trust	2.36	2.95	Buy	DDM
05/04/26	CIMB	CDL Hospitality	0.81	0.9	Add	DDM
05/04/26	UOB Kay Hian	China Aviation Oil	2.12	2.63	Buy	PER15x FY26
05/04/26	UOB Kay Hian	City Developments	8.16	11.5	Buy	RNAV (15% disc)
05/04/26	UOB Kay Hian	DBS	58.5	65.2	Buy	GGM, PB2.62x FY26
05/04/26	phillip	DBS	58.5	61	Accumulate	GGM, PB2.51x FY26
05/04/26	Kim Eng	Far East Hospitality	0.575	0.65	Buy	DDM
05/04/26	Lim & Tan	Far East Hospitality	0.575	0.71	Accumulate
05/04/26	UOB Kay Hian	Food Empire	3.26	4.21	Buy	PER25x FY26
05/04/26	UOB Kay Hian	Frasers Logistics	0.96	1.22	Buy	DDM
05/04/26	UOB Kay Hian	Hong Leong Asia	2.91	4.9	Buy	Sum of parts
05/04/26	UOB Kay Hian	Huationg Global	0.88	1.23	Buy	PER11x FY26
05/04/26	DBS Vickers	Jardine C&C	32.58	38.5	Buy	Sum of parts (5% disc)
05/04/26	UOB Kay Hian	Keppel Corp	10.87	13.23	Buy	PER18x
05/04/26	CIMB	Lum Chang Creations	1.03	1.32	Add	PER
05/04/26	UOB Kay Hian	Mapletree Commercial	1.29	1.75	Buy	DDM
05/04/26	UOB Kay Hian	Mapletree Industrial	1.97	2.07	Hold	DDM
05/04/26	UOB Kay Hian	Mapletree Logistics	1.22	1.29	Hold	DDM
05/04/26	DBS Vickers	Mapletree Logistics	1.22	1.55	Buy	DCF
05/04/26	CIMB	Mapletree Logistics	1.22	1.48	Add	DDM
05/04/26	UOB Kay Hian	NTT DC Reit	0.98	1.42	Buy	DDM
05/04/26	UOB Kay Hian	OCBC	21.9	25.3	Buy	GGM, PB1.76x FY26
05/04/26	UOB Kay Hian	Oiltek	2.27	2.78	Buy	PER28x FY27
05/04/26	Kim Eng	Olam	1.02	1.6	Buy	Sum of parts
05/04/26	DBS Vickers	Parkway Life	4.02	4.75	Buy	DCF
05/04/26	OCBC	Parkway Life	4.02	4.82	Buy
05/04/26	CIMB	Parkway Life	4.02	4.97	Add	DDM
05/04/26	Lim & Tan	Parkway Life	4.02	4.83	Accumulate on weakness
05/04/26	UOB Kay Hian	Sheng Siong	3.03	3.4	Buy	PER31x FY27
05/04/26	phillip	Sheng Siong	3.03	3.16	Accumulate	PER28x FY26
05/04/26	UOB Kay Hian	Ultragreen	1.46	1.95	Buy	PER26x FY26
05/04/26	UOB Kay Hian	Valuetronics	1.02	1.03	Buy	PER13x FY27
05/04/26	CIMB	Venture	16.2	21.78	Add