Stock calls for 12 July 2018

Date	Analyst	Company	Last	Target	Call	Valuation
07/12/18	OCBC	DBS	26.01	32.67	Buy	PB1.7x
07/12/18	NRA	Oxley	0.36	0.435	Overweight
07/12/18	DBS Vickers	SPH	2.75	2.58	Hold	Sum of parts
07/12/18	UOB Kay Hian	SPH	2.75	2.58	Hold	Sum of parts, Buy @ $2.40
07/12/18	Lim & Tan	SPH	2.75	0	Hold
07/12/18	DMG & Partners	Thai Beverage	0.725	1.02	Buy	Sum of parts
07/12/18	CIMB	Venture	16.67	17.83	Hold	PER12.3x
07/11/18	UOB Kay Hian	Asian Healthcare	0.24	0.33	Buy	PER19.4x FY19
07/11/18	Kim Eng	Bumitama	0.65	0.98	Buy
07/11/18	Kim Eng	First Resources	1.55	2	Buy
07/11/18	DBS Vickers	Frasers Commercial Trust	1.39	1.65	Buy
07/11/18	OCBC	Golden Agri	0.29	0.3	Hold	PER17x FY19
07/11/18	CIMB	Keppel Corp	6.77	8.81	Add	Sum of parts
07/11/18	CIMB	Sembcorp Industries	2.67	3.49	Add
07/11/18	CIMB	Sembcorp Marine	1.97	2.52	Add	PB2.2x CY18
07/11/18	CIMB	SPH Reit	1	1.07	Hold	DDM
07/11/18	OCBC	SPH Reit	1	1.02	Hold
07/11/18	Lim & Tan	SPH Reit	1	0	Hold
07/11/18	Kim Eng	Top Glove	3.4	4.36	Hold	Ringgit target $12.90, PER30x FY19
07/11/18	CIMB	Yangzijiang	0.91	1.27	Add	Sum of parts