Stock calls for 1 August 2019

Date	Analyst	Company	Last	Target	Call	Valuation
08/01/19	UOB Kay Hian	ARA Hospitality	0.885	1.21	Buy	DDM
08/01/19	OCBC	CapitaRetail China	1.59	1.45	Hold
08/01/19	DBS Vickers	CapitaRetail China	1.59	1.8	Buy
08/01/19	DBS Vickers	Far East Hospitality	0.68	0.7	Hold	DCF
08/01/19	Kim Eng	Japfa	0.51	0.73	Buy	Sum of parts
08/01/19	UOB Kay Hian	Parkway Life	3.06	3.25	Buy
08/01/19	DBS Vickers	Parkway Life	3.06	3.35	Buy
08/01/19	DMG & Partners	SGX	7.92	8.1	Neutral	PER23x FY20
08/01/19	DBS Vickers	SGX	7.92	8.3	Buy
08/01/19	phillip	Sheng Siong	1.16	1.3	Accumulate	PER25x FY19
08/01/19	UOB Kay Hian	SIA	9.67	9.5	Hold
08/01/19	DBS Vickers	SIA	9.67	10.8	Buy	PB0.95x FY20
08/01/19	Lim & Tan	SIA	9.67	0	Hold
08/01/19	DMG & Partners	Silverlake	0.52	0.65	Buy	DCF