Stock calls for 9 May 2018

Date	Analyst	Company	Last	Target	Call	Valuation
05/09/18	Kim Eng	Bumitama	0.67	0.99	Buy	PER14x FY18
05/09/18	UOB Kay Hian	Bumitama	0.67	0.8	Buy	PER11x FY18
05/09/18	DBS Vickers	Bumitama	0.67	0.94	Buy	DCF, PER15.3x FY18
05/09/18	DBS Vickers	Delfi	1.48	1.8	Buy	PER26x FY18/19
05/09/18	DMG & Partners	Delfi	1.48	1.54	Neutral
05/09/18	CIMB	Frasers Logistics	1.03	1.24	Add	DDM
05/09/18	OCBC	Frasers Logistics	1.03	1.21	Buy
05/09/18	DMG & Partners	Kimly	0.345	0.43	Buy	DCF, PER22.8x FY18
05/09/18	DMG & Partners	Mindchamps	0.795	1	Buy	EV/Ebitda19x & DCF
05/09/18	phillip	OCBC	13.08	14.9	Accumulate	GGM, PB1.6x FY18
05/09/18	Kim Eng	OCBC	13.08	14.6	Buy	GGM, PB1.5x FY18
05/09/18	DBS Vickers	Riverstone	0.985	1.27	Buy
05/09/18	Lim & Tan	Riverstone	0.985	0	Hold
05/09/18	phillip	Sembcorp Industries	3.06	3.83	Buy	Sum of parts (10% discount)
05/09/18	Macquarie	UOB	29.34	30.5	Outperform