Stock calls for 6 December 2017

Date	Analyst	Company	Last	Target	Call	Valuation
12/06/17	DBS Vickers	APAC Realty	0.865	1.12	Buy	PER15x FY18
12/06/17	phillip	Blackgold	0.086	0.16	Trading Buy	PER10x
12/06/17	DBS Vickers	Chip Eng Seng	0.885	1.18	Buy	Sum of parts, RNAV (45% discount)
12/06/17	UOB Kay Hian	Citic Envirotech	0.725	1.1	Buy	DCF
12/06/17	DBS Vickers	Genting	1.35	1.51	Buy
12/06/17	phillip	Geo Energy	0.26	0.44	Buy	PER10x
12/06/17	UOB Kay Hian	GL	0.87	1.185	Buy
12/06/17	DBS Vickers	Hi-P	1.61	2.3	Buy
12/06/17	DBS Vickers	Hock Lian Seng	0.455	0.58	Not Rated	PER11x FY18
12/06/17	DBS Vickers	Keong Hong	0.595	0.75	Not Rated	PER5.5x FY18
12/06/17	DBS Vickers	Lian Beng	0.715	0.85	Not Rated	RNAV (50% discount)
12/06/17	Lim & Tan	Mapletree Logistics	1.28	0	Hold
12/06/17	DBS Vickers	OUE Hospitality	0.825	0.85	Buy
12/06/17	DBS Vickers	Pan-United	0.545	0.51	Fully Valued	Sum of parts
12/06/17	UOB Kay Hian	Singtel	3.75	4.53	Buy
12/06/17	DBS Vickers	Sunningdale	1.89	2.7	Buy
12/06/17	UOB Kay Hian	Thai Beverage	0.955	1.11	Buy	Sum of parts
12/06/17	DBS Vickers	Tiong Seng	0.39	0.45	Not Rated	PER6.6x FY18 & PB0.6x
12/06/17	DBS Vickers	UOL	8.56	10.15	Buy
12/06/17	DBS Vickers	Venture	20.54	26	Buy