UOB Kay Hian - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
04/23/25	Lim & Tan	UOB Kay Hian	1.77	0	Buy
06/13/25	Lim & Tan	UOB Kay Hian	1.97	0	Accumulate

UOB Bank - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/21/24	CIMB	UOB	30.51	33.3	Add
06/27/24	DMG & Partners	UOB	31.03	30.1	Neutral	GGM, PB0.99x FY25
07/01/24	CIMB	UOB	31.33	33.3	Add
07/04/24	Lim & Tan	UOB	32.27	33.6	Hold
07/05/24	DBS Vickers	UOB	32.57	34.5	Buy
07/15/24	phillip	UOB	33.05	34.9	Buy
07/23/24	DMG & Partners	UOB	32.55	32	Neutral	GGM, PB1x FY25
08/01/24	UOB Kay Hian	UOB	32.35	34	Hold
08/02/24	DBS Vickers	UOB	32.04	34.5	Buy
08/02/24	CIMB	UOB	32.04	36.4	Add	GGM
08/05/24	phillip	UOB	31.83	34.9	Accumulate	GGM, PB1.41x FY24
08/05/24	Citi Research	UOB	31.83	27.5	Sell
08/16/24	CIMB	UOB	30.43	36.5	Add
08/19/24	phillip	UOB	30.43	34.9	Buy
08/19/24	CIMB	UOB	30.43	34.5	Add
08/22/24	DMG & Partners	UOB	30.68	32	Neutral	GGM, PB1.04x
09/03/24	CIMB	UOB	31.35	34.5	Add
09/20/24	phillip	UOB	32.83	34.9	Accumulate
09/23/24	DMG & Partners	UOB	32.94	32	Neutral	GGM, PB1x FY25
09/25/24	OCBC	UOB	32.99	33.5	Hold
09/25/24	MorningStar	UOB	32.99	38	4-Star
09/25/24	Jefferies	UOB	32.99	31	Hold
10/07/24	DBS Vickers	UOB	31.86	34.5	Buy
10/14/24	Kim Eng	UOB	31.92	35.62	Buy	DDM
10/14/24	Citi Research	UOB	31.92	29	Sell
10/24/24	HSBC	UOB	32.3	35.5	Hold	Up from $33
11/01/24	DBS Vickers	UOB	32.16	34.5	Buy
11/08/24	Lim & Tan	UOB	33.3	34.4	Hold
11/11/24	phillip	UOB	35.69	37	Accumulate	GGM, PB1.49x FY24
11/11/24	DBS Vickers	UOB	35.69	37.9	Buy	GGM, PB1.3x
11/11/24	DMG & Partners	UOB	35.69	35.6	Neutral	GGM, PB1.16x FY25
11/11/24	Citi Research	UOB	35.69	40	Buy
11/12/24	CIMB	UOB	35.65	39.5	Add
11/12/24	OCBC	UOB	35.65	37.5	Hold
11/12/24	MorningStar	UOB	35.65	39	4-Star
11/12/24	Goldman Sachs	UOB	35.65	41	Buy
11/20/24	DMG & Partners	UOB	36.43	40.2	Buy	GGM, PB1.31x FY25
12/02/24	DBS Vickers	UOB	36.36	37.9	Buy	GGM, PB1.3x
12/02/24	CIMB	UOB	36.36	39.5	Add
12/02/24	Jefferies	UOB	36.36	42	Buy
12/16/24	DMG & Partners	UOB	37.35	40.2	Buy	GGM, PB1.31x FY25
12/19/24	OCBC	UOB	36.45	37.5	Hold
01/03/25	phillip	UOB	36.55	39.7	Accumulate
01/03/25	Citi Research	UOB	36.55	40.4	Buy
01/06/25	CIMB	UOB	36.58	39.5	Add
01/10/25	OCBC	UOB	37.58	37.5	Hold
01/13/25	MorningStar	UOB	36.82	40	Buy	Up from $39
01/28/25	Jefferies	UOB	37.02	42	Buy
02/03/25	Kim Eng	UOB	37.51	38.75	Buy
02/05/25	IG	UOB	37.27	39.9	Buy
02/19/25	DBS Vickers	UOB	38.65	37.9	Buy	GGM, PB1.3x
02/19/25	DMG & Partners	UOB	38.65	40.2	Buy	GGM, PB1.31x FY25
02/19/25	Lim & Tan	UOB	38.65	40.63	Accumulate
02/19/25	Citi Research	UOB	38.65	42.3	Buy
02/20/25	DBS Vickers	UOB	38.58	43	Buy	GGM, PB1.3x FY26
02/20/25	Kim Eng	UOB	38.58	44.32	Buy	DDM
02/21/25	phillip	UOB	38.43	41.8	Accumulate	GGM, PB1.49x FY25
02/21/25	DMG & Partners	UOB	38.43	41.6	Buy	GGM, PB1.38x FY25
02/21/25	CIMB	UOB	38.43	43	Add
03/12/25	Citi Research	UOB	37.35	36.9	Hold	GGM, PB1.3x FY25
03/12/25	Jefferies	UOB	37.35	43	Buy
03/12/25	DBS Vickers	UOB	37.35	38.5	Hold
03/21/25	phillip	UOB	37.8	41.8	Accumulate	GGM, PB1.49x FY25
03/24/25	Lim & Tan	UOB	37.95	42.5	Accumulate
03/24/25	MorningStar	UOB	37.95	37.6	Hold
04/03/25	DMG & Partners	UOB	36.17	41.6	Buy	GGM, PB1.38x FY25
04/07/25	Lim & Tan	UOB	35.46	0	Hold
04/07/25	Citi Research	UOB	35.46	34.8	Hold
04/08/25	DBS Vickers	UOB	33.23	32.7	Hold	GGM, PB1x FY26
04/10/25	Kim Eng	UOB	30.99	32.02	Hold
04/21/25	CIMB	UOB	34.8	38.8	Add
04/22/25	DMG & Partners	UOB	35.3	37.6	Neutral
05/07/25	DBS Vickers	UOB	34.98	32.7	Hold	GGM, PB1x FY26
05/07/25	CIMB	UOB	34.98	38.6	Add	GGM
05/07/25	Lim & Tan	UOB	34.98	38.8	Hold
05/09/25	phillip	UOB	34.55	35.5	Accumulate	GGM, PB1.26x FY25
05/09/25	MorningStar	UOB	34.55	37.5	Hold
05/19/25	Jefferies	UOB	35.5	40	Buy
06/06/25	Citi Research	UOB	35.21	34.7	Hold	GGM, PB1.2x FY25/26
06/10/25	CIMB	UOB	35.33	38.6	Add	GGM
06/12/25	phillip	UOB	35.12	36.3	Accumulate
06/19/25	Lim & Tan	UOB	34.83	37.99	Accumulate
07/07/25	phillip	UOB	36.12	36.3	Accumulate

United Hampshire - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/13/24	Amfrasers	United Hampshire	0.425	0.6	Outperform	DDM
09/17/24	Lim & Tan	United Hampshire	0.475	0.62	Accumulate
01/07/25	Lim & Tan	United Hampshire	0.475	0.64	Buy
01/15/25	UOB Kay Hian	United Hampshire	0.475	0.57	Buy	DDM
03/06/25	Amfrasers	United Hampshire	0.49	0.6	Outperform	DDM

Stock calls for 11 July 2025

Date	Analyst	Company	Last	Target	Call	Valuation
07/11/25	Lim & Tan	17Live Group	1.09	1.3	Accumulate
07/11/25	Phillip	Frencken	1.29	1.76	Buy	PER18x FY25
07/11/25	DBS Vickers	Grand Venture	0.955	1.12	Buy	PER21x FY26
07/11/25	Lim & Tan	Grand Venture	0.955	0.94	Hold	Offer $0.94
07/11/25	Lim & Tan	Lum Chang Creations	0.25	0.38	Subscribe	IPO $0.25
07/11/25	SAC Capital	Sanli Env	0.157	0.228	Buy
07/11/25	UOB Kay Hian	Singtel	4.01	4.58	Buy	Sum of parts

Hot news: USDT stablecoin is involved in a RMB$13B scam in china!

USDT stablecoin scam: RMB$13B losses and 2m chinese victims. 

Always remember this golden rule in finance: Decentralization = No investor protection!

Uni-Asia - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
09/12/24	SAC Capital	Uni-Asia	0.78	0.8	Hold

UMS - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/03/24	DBS Vickers	UMS	1.21	1	Hold
07/02/24	DBS Vickers	UMS	1.17	1	Hold
08/13/24	DBS Vickers	UMS	1.06	1	Hold
08/14/24	DBS Vickers	UMS	1.07	1.08	Hold	PER15x FY25
10/16/24	UOB Kay Hian	UMS	1.05	0.9	Sell
11/11/24	DBS Vickers	UMS	1.04	1.08	Hold	PER16x FY25
11/12/24	UOB Kay Hian	UMS	1.04	0.95	Hold	PER16x FY25
11/12/24	Kim Eng	UMS	1.04	1.03	Hold
03/04/25	UOB Kay Hian	UMS	1.07	1.21	Buy	PER17.6x FY25
03/04/25	DBS Vickers	UMS	1.07	1.31	Buy	PER18x FY25
03/04/25	Lim & Tan	UMS	1.07	1.16	Hold
03/04/25	Kim Eng	UMS	1.07	1.16	Buy	PER14x FY25/26
04/10/25	DBS Vickers	UMS	0.93	1.31	Buy	PER18x FY25
04/22/25	UOB Kay Hian	UMS	1.02	1.21	Buy	PER17.6x FY25
05/13/25	DBS Vickers	UMS	1.05	1.31	Buy	PER18x FY25
05/13/25	Lim & Tan	UMS	1.05	1.23	Accumulate
05/14/25	UOB Kay Hian	UMS	1.12	1.32	Buy	PER17.5x FY26
05/14/25	DBS Vickers	UMS	1.12	1.38	Buy	PER18.8x FY25/26
05/16/25	Kim Eng	UMS	1.15	1.19	Buy
06/12/25	UOB Kay Hian	UMS	1.21	1.32	Buy	PER17.5x FY26