Baltic dry index - 621

Related stock: Sembcorp Marine, Cosco & Pan Ocean.

US rig count (weekly) - 759

Related stock: Sembcorp Marine & Cosco.

Overseas Education - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/03/22	Lim & Tan	Overseas Edu	0.255	0	Hold
04/12/22	Lim & Tan	Overseas Edu	0.255	0	Hold

OUE Commercial - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/17/22	DBS Vickers	OUE Commercial	0.43	0.5	Buy	DCF
02/18/22	Lim & Tan	OUE Commercial	0.435	0	Hold
02/18/22	CIMB	OUE Commercial	0.435	0.43	Hold
05/13/22	DBS Vickers	OUE Commercial	0.395	0.5	Buy
07/26/22	DBS Vickers	OUE Commercial	0.39	0.5	Buy
07/27/22	DBS Vickers	OUE Commercial	0.39	0.41	Hold
08/02/22	CIMB	OUE Commercial	0.38	0.39	Hold
11/07/22	DBS Vickers	OUE Commercial	0.32	0.35	Hold
01/31/23	DBS Vickers	OUE Commercial	0.37	0.35	Hold
02/02/23	CIMB	OUE Commercial	0.355	0.36	Hold

OCBC - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/05/22	Jefferies	OCBC	11.7	14.5	Buy
01/05/22	UOB Kay Hian	OCBC	11.7	16.12	Buy	GGM, PB1.26x FY23
01/12/22	Kim Eng	OCBC	12.11	14.67	Buy
01/12/22	Citi Research	OCBC	12.11	14.5	Buy
01/25/22	DMG & Partners	OCBC	12.3	14.8	Buy
02/07/22	UOB Kay Hian	OCBC	12.8	16.12	Buy
02/09/22	phillip	OCBC	13.13	14.22	Buy	GGM, PB1.28x FY22
02/23/22	DBS Vickers	OCBC	13.16	14	Buy
02/23/22	Lim & Tan	OCBC	13.16	0	Accumulate on weakness
02/23/22	Citi Research	OCBC	13.16	14.75	Buy
02/24/22	DBS Vickers	OCBC	12.56	15	Buy	GGM, PB1.23x FY22
02/24/22	UOB Kay Hian	OCBC	12.56	15.82	Buy	GGM, PB1.24x FY22
03/01/22	CIMB	OCBC	11.67	14.2	Add
03/01/22	DMG & Partners	OCBC	11.67	14.4	Buy
03/09/22	Jefferies	OCBC	11.32	13.1	Buy
03/09/22	phillip	OCBC	11.32	14.22	Buy
03/10/22	DBS Vickers	OCBC	11.48	15	Buy	GGM, PB1.2x FY23
03/21/22	UOB Kay Hian	OCBC	12.03	15	Buy	GGM, PB1.19x FY23
04/01/22	CIMB	OCBC	12.38	14.21	Add
04/04/22	Jefferies	OCBC	12.4	12.5	Hold
04/07/22	DMG & Partners	OCBC	12.33	14.4	Buy	GGM, PB1.1x
04/07/22	phillip	OCBC	12.33	14.22	Accumulate
04/08/22	UOB Kay Hian	OCBC	12.26	15.5	Buy	GGM, PB1.22x FY23
04/18/22	Kim Eng	OCBC	11.83	14.04	Hold
04/18/22	Citi Research	OCBC	11.83	14	Buy
04/19/22	UOB Kay Hian	OCBC	11.96	15.05	Buy	GGM, PB1.2x FY23
04/29/22	Lim & Tan	OCBC	11.96	14	Accumulate
05/02/22	Kim Eng	OCBC	12.39	14.04	Buy
05/04/22	UOB Kay Hian	OCBC	12.39	14.88	Buy	GGM, PB1.2x FY23
05/04/22	CIMB	OCBC	12.39	14.2	Add
05/05/22	DMG & Partners	OCBC	12.32	13.9	Buy	GGM, PB1.06x FY23
05/06/22	DBS Vickers	OCBC	12.35	15	Buy
06/01/22	CIMB	OCBC	11.83	14.2	Add
06/28/22	UOB Kay Hian	OCBC	11.39	14.95	Buy	GGM, PB1.2x FY23
07/01/22	CIMB	OCBC	11.39	14.2	Add
07/01/22	Citi Research	OCBC	11.39	13.1	Buy
07/12/22	DMG & Partners	OCBC	11.45	13.9	Buy	GGM, PB1.06x FY23
07/21/22	UOB Kay Hian	OCBC	11.55	14.75	Buy	GGM, PB1.19x FY23
08/03/22	CIMB	OCBC	11.82	14.2	Add
08/04/22	UOB Kay Hian	OCBC	11.99	16.18	Buy	GGM, PB1.3x FY23
08/04/22	DBS Vickers	OCBC	11.99	15	Buy
08/04/22	DMG & Partners	OCBC	11.99	13.9	Buy	GGM, PB1.05x FY23
08/04/22	CIMB	OCBC	11.99	15.5	Add
08/04/22	Kim Eng	OCBC	11.99	14.39	Buy
08/04/22	Citi Research	OCBC	11.99	13.1	Buy
08/05/22	phillip	OCBC	12.21	13.1	Buy
09/07/22	phillip	OCBC	12.02	14.22	Buy
09/22/22	DMG & Partners	OCBC	12.35	13.9	Buy
09/30/22	CIMB	OCBC	11.71	15.5	Add
10/04/22	phillip	OCBC	11.76	14.22	Buy
10/06/22	DMG & Partners	OCBC	11.89	13.9	Buy
10/12/22	CLSA	OCBC	11.77	15.8	Buy
10/14/22	Kim Eng	OCBC	11.59	14.39	Buy
10/18/22	CIMB	OCBC	11.48	15.5	Add
10/25/22	DBS Vickers	OCBC	11.53	16.82	Buy	GGM, PB1.34x FY23
10/27/22	UOB Kay Hian	OCBC	11.74	16.82	Buy
11/04/22	DBS Vickers	OCBC	11.95	15	Buy
11/04/22	Lim & Tan	OCBC	11.95	0	Buy
11/07/22	UOB Kay Hian	OCBC	12.04	18.28	Buy	GGM, PB1.44x FY23
11/07/22	phillip	OCBC	12.04	14.22	Buy	GGM, PB1.23x FY22
11/07/22	DMG & Partners	OCBC	12.04	15	Buy	GGM, PB1.1x FY23
11/07/22	JPM	OCBC	12.04	13	Neutral
11/08/22	Kim Eng	OCBC	12.12	14.7	Buy
11/08/22	CIMB	OCBC	12.12	13.7	Add
12/09/22	DMG & Partners	OCBC	12.25	15	Buy
01/03/23	CIMB	OCBC	12.18	13.7	Add
01/04/23	UOB Kay Hian	OCBC	12.24	18.28	Buy
01/05/23	phillip	OCBC	12.29	14.22	Buy
01/05/23	DMG & Partners	OCBC	12.29	15	Buy
01/06/23	UOB Kay Hian	OCBC	12.44	18.32	Buy	GGM, PB1.44x FY23
01/11/23	JPM	OCBC	12.54	14	Overweight
01/20/23	DMG & Partners	OCBC	12.59	15	Buy	GGM, PB1.1x FY23
01/26/23	UOB Kay Hian	OCBC	12.85	17.75	Buy	GGM, PB1.4x FY23
01/31/23	Kim Eng	OCBC	12.99	14.7	Buy
02/01/23	DBS Vickers	OCBC	12.93	15	Buy	GGM, PB1.23x FY23