Grand Venture - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
04/11/25	DBS Vickers	Grand Venture	0.61	1.12	Buy	PER21x FY26
06/02/25	DBS Vickers	Grand Venture	0.84	1.12	Buy	PER21x FY26
06/05/25	Lim & Tan	Grand Venture	0.935	0	Hold
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

Grand Banks Yacht - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/05/25	Lim & Tan	Grand Banks Yacht	0.53	0	Buy
05/19/25	Lim & Tan	Grand Banks Yacht	0.535	0.51	Hold
06/10/25	Lim & Tan	Grand Banks Yacht	0.485	0	Hold
10/27/25	Lim & Tan	Grand Banks Yacht	0.745	1.12	Buy	PER10.6x FY26
11/21/25	Lim & Tan	Grand Banks Yacht	0.785	0	Buy
01/28/26	Lim & Tan	Grand Banks Yacht	0.82	1.33	Buy

Golden Agri - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/09/25	DMG & Partners	Golden Agri	0.25	0.25	Neutral	Sum of parts, cut from $0.26 target price
09/18/25	OCBC	Golden Agri	0.3	0.3	Hold
04/23/26	DMG & Partners	Golden Agri	0.305	0.3	Neutral

Stock calls for 29 April 2026

Date	Analyst	Company	Last	Target	Call	Valuation
04/29/26	DBS Vickers	AEM	7.15	8.9	Buy	PER42x FY27
04/29/26	UOB Kay Hian	Aztech	0.875	1.32	Buy	PER20x FY27
04/29/26	DBS Vickers	Aztech	0.875	0.93	Hold	PER15x FY27
04/29/26	CIMB	Aztech	0.875	1.14	Add	PER
04/29/26	DBS Vickers	Capitaland Investment	2.81	3.4	Buy	Sum of parts
04/29/26	CIMB	ESR-Reit	2.47	3.43	Add	DDM
04/29/26	DBS Vickers	Frencken	2.72	3.22	Buy	PER30x FY26
04/29/26	Lim & Tan	Hongkong Land	7.89	10.07	Accumulate
04/29/26	DBS Vickers	Ireit	0.235	0.3	Hold	DCF
04/29/26	DBS Vickers	Mapletree Commercial	1.35	1.65	Buy	Sum of parts
04/29/26	CIMB	Mapletree Commercial	1.35	1.52	Add	DDM
04/29/26	DBS Vickers	Mapletree Industrial	2.06	2.05	Hold	DCF
04/29/26	Lim & Tan	Mapletree Industrial	2.06	2.18	Hold
04/29/26	Phillip	Stoneweg Reit	1.57	1.89	Buy	DDM
04/29/26	DBS Vickers	UMS	2.18	2.92	Buy	PER35x FY27/28

What will the US Fed do for its April FOMC?

The Fedwatch tool shows a 100% certainty that the US Fed will put on hold any rate change for the April FOMC.

Geo Energy - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/17/25	Lim & Tan	Geo Energy	0.31	0.68	Buy
03/26/25	Amfrasers	Geo Energy	0.3	0.64	outperform	DCF
03/28/25	Lim & Tan	Geo Energy	0.325	0.64	Accumulate
04/01/25	Phillip	Geo Energy	0.33	0.47	Buy	DCF
04/21/25	Lim & Tan	Geo Energy	0.335	0.59	Buy
04/25/25	Lim & Tan	Geo Energy	0.35	0.6	Buy	DCF
05/19/25	Phillip	Geo Energy	0.36	0.47	Buy	DCF
05/19/25	Amfrasers	Geo Energy	0.36	0.71	outperform	DCF
05/22/25	Lim & Tan	Geo Energy	0.35	0.59	Buy
06/10/25	Amfrasers	Geo Energy	0.37	0.69	outperform	DCF
09/04/25	Phillip	Geo Energy	0.39	0.47	Buy	DCF
09/09/25	Lim & Tan	Geo Energy	0.425	0.58	Buy
09/26/25	Phillip	Geo Energy	0.45	0.59	Buy	DCF
09/30/25	Lim & Tan	Geo Energy	0.475	0.59	Buy
11/26/25	Phillip	Geo Energy	0.43	0.59	Buy	DCF
12/23/25	Amfrasers	Geo Energy	0.43	0.76	outperform	DCF
03/02/26	Lim & Tan	Geo Energy	0.415	0.425	Hold
03/16/26	Phillip	Geo Energy	0.54	0.75	Buy	DCF
03/19/26	Amfrasers	Geo Energy	0.525	1.02	outperform	DCF

Genting - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
04/24/25	DBS Vickers	Genting	0.735	0.95	Buy	Sum of parts
04/25/25	CIMB	Genting	0.75	1.05	Add	EV/Ebitda8x
04/25/25	Citi Research	Genting	0.75	1.14	Buy	Sum of parts
05/15/25	UOB Kay Hian	Genting	0.735	0.9	Buy	EV/Ebitda8x FY25
05/16/25	DBS Vickers	Genting	0.715	0.9	Buy	DCF & EV/Ebitda6.5x FY25
07/10/25	DBS Vickers	Genting	0.74	0.8	Hold	DCF & EV/Ebitda5.3x FY26
07/10/25	CIMB	Genting	0.74	1.05	Add	EV/Ebitda8x
08/04/25	DBS Vickers	Genting	0.735	0.8	Hold	DCF & EV/Ebitda5.3x FY26
08/08/25	UOB Kay Hian	Genting	0.755	0.89	Hold	EV/Ebitda8x FY26
10/14/25	DBS Vickers	Genting	0.715	0.8	Hold	DCF & EV/Ebitda5.3x FY26
11/07/25	UOB Kay Hian	Genting	0.73	0.89	Buy	EV/Ebitda8x FY26
11/07/25	DBS Vickers	Genting	0.73	0.8	Hold	DCF & EV/Ebitda5.3x FY26
11/07/25	CIMB	Genting	0.73	0.785	Add
11/11/25	Kim Eng	Genting	0.77	1	Buy
01/05/26	UOB Kay Hian	Genting	0.725	0.89	Buy	EV/Ebitda8x FY26
01/29/26	DBS Vickers	Genting	0.73	0.8	Hold	DCF & EV/Ebitda5.3x FY26
01/29/26	CIMB	Genting	0.73	0.785	Add	EV/Ebitda
02/19/26	DBS Vickers	Genting	0.77	0.9	Buy	EV/Ebitda7.3x FY26
02/25/26	UOB Kay Hian	Genting	0.79	0.84	Hold	EV/Ebitda8x FY26
02/25/26	DBS Vickers	Genting	0.79	0.85	Buy	EV/Ebitda7.3x FY26
02/25/26	CIMB	Genting	0.79	0.76	Hold	EV/Ebitda
03/24/26	Lim & Tan	Genting	0.67	0.85	Accumulate
04/23/26	DBS Vickers	Genting	0.7	0.85	Buy	EV/Ebitda7.3x FY26

Fuxing China - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/26/26	Phillip	Fuxing China	0.655	0.655	Unrated

Stock calls for 28 April 2026

Date	Analyst	Company	Last	Target	Call	Valuation
04/28/26	DBS Vickers	A-Reit	2.54	3.2	Buy	DCF
04/28/26	CIMB	A-Reit	2.54	3.12	Add	DDM
04/28/26	Phillip	ART	0.9	1.08	Buy	DDM
04/28/26	Lim & Tan	ART	0.9	1.08	Accumulate
04/28/26	CIMB	ART	0.9	1.13	Add	DDM
04/28/26	CIMB	ISDN	0.48	0.96	Add	PER
04/28/26	Lim & Tan	Mapletree Commercial	1.4	1.6	Hold
04/28/26	DBS Vickers	Stoneweg Reit	1.55	1.9	Buy	DCF

Frencken - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/03/25	UOB Kay Hian	Frencken	1.04	1.16	Buy	PER12.5x FY25
03/06/25	CIMB	Frencken	1.08	1.4	Add
03/13/25	Kim Eng	Frencken	1.07	1.34	Buy	PER12x FY25/26
04/11/25	DBS Vickers	Frencken	0.955	1.48	Buy	PER15x FY25
04/22/25	UOB Kay Hian	Frencken	0.965	1.16	Buy	PER12.5x FY25
04/24/25	CIMB	Frencken	1.05	1.15	Add
05/21/25	DBS Vickers	Frencken	1.14	1.48	Buy	PER15x FY25
05/22/25	UOB Kay Hian	Frencken	1.13	1.4	Buy	PER15x FY25
05/22/25	CIMB	Frencken	1.13	1.27	Add
06/03/25	UOB Kay Hian	Frencken	1.14	1.4	Buy	PER15x FY25
06/11/25	Kim Eng	Frencken	1.15	1.34	Buy	PER12x FY25/26
06/11/25	DMG & Partners	Frencken	1.15	1.48	Buy
07/11/25	Phillip	Frencken	1.29	1.76	Buy	PER18x FY25
07/21/25	Kim Eng	Frencken	1.45	1.75	Buy
07/25/25	DBS Vickers	Frencken	1.62	2.03	Buy	PER20x FY25/26
07/28/25	CIMB	Frencken	1.67	1.91	Add	PER18.4x
08/05/25	UOB Kay Hian	Frencken	1.67	2.08	Buy	PER21x FY26
08/15/25	DBS Vickers	Frencken	1.54	2.03	Buy	PER20x FY25/26
08/20/25	Phillip	Frencken	1.45	1.76	Buy	PER18x FY25
08/26/25	DMG & Partners	Frencken	1.43	1.68	Buy	PER17x FY25
10/17/25	DBS Vickers	Frencken	1.42	2.03	Buy	PER20x FY25/26
11/17/25	DBS Vickers	Frencken	1.54	2.03	Buy	PER20x FY25/26
11/18/25	UOB Kay Hian	Frencken	1.52	1.8	Buy	PER18.8x FY26
11/18/25	DBS Vickers	Frencken	1.52	1.92	Buy	PER20x FY26
11/18/25	CIMB	Frencken	1.52	1.72	Add	PER
11/18/25	Lim & Tan	Frencken	1.52	1.83	Accumulate on weakness
11/19/25	Phillip	Frencken	1.47	1.87	Buy	PER18x FY26
01/09/26	DBS Vickers	Frencken	1.44	1.92	Buy	PER20x FY26
02/06/26	DMG & Partners	Frencken	1.66	2.03	Buy
02/09/26	Macquarie	Frencken	1.59	1.76	outperform
02/10/26	DBS Vickers	Frencken	1.78	1.92	Buy	PER20x FY26
03/02/26	DBS Vickers	Frencken	2.16	1.92	Buy	PER20x FY26
03/02/26	Kim Eng	Frencken	2.16	2.63	Buy	PER
03/03/26	UOB Kay Hian	Frencken	2.09	2.33	Buy	PER22x FY26
03/03/26	DBS Vickers	Frencken	2.09	2.5	Buy	PER26x FY26
03/05/26	CIMB	Frencken	2.01	0	Hold
03/09/26	Phillip	Frencken	2.01	2.5	Buy	PER24x FY26
03/19/26	DMG & Partners	Frencken	2.06	2.56	Buy