Stock calls for 26 February 2019

Date	Analyst	Company	Last	Target	Call	Valuation
02/26/19	Kim Eng	AEM	1.05	1.24	Buy	PB2.8x FY19/20
02/26/19	CIMB	AEM	1.05	1.11	Hold	PER10x FY20
02/26/19	DMG & Partners	Bumitama	0.67	0.67	Neutral	PER11x FY19
02/26/19	Amfrasers	DBS	25.18	27.7	Buy	RIM
02/26/19	Lim & Tan	Ho Bee	2.51	0	Buy
02/26/19	DBS Vickers	HRnetGroup	0.8	1.05	Buy	PER15x FY19, ex-cash
02/26/19	Amfrasers	Manulife US Reit	0.835	0.95	Buy
02/26/19	DBS Vickers	PACC Offshore	0.183	0.2	Hold	PB0.8x FY19
02/26/19	DMG & Partners	Raffles Medical	1.12	1.02	Neutral	DCF
02/26/19	OCBC	Raffles Medical	1.12	1.25	Buy
02/26/19	DBS Vickers	Raffles Medical	1.12	1.12	Hold
02/26/19	Amfrasers	Sembcorp Marine	1.72	2.48	Buy
02/26/19	DBS Vickers	UMS	0.71	0.55	Fully Valued	PER8x FY19
02/26/19	Macquarie	UOB	25.39	30.5	Outperform	PB