Stock calls for 5 August 2019

Date	Analyst	Code	Company	Last	Target	Call	Percent	Valuation
08/05/19	DMG & Partners	5DA	Breadtalk	0.69	0.71	Neutral	2.90	Sum of parts
08/05/19	DMG & Partners	D01	Dairy Farm	7.6	7.38	Neutral	-2.89	DCF
08/05/19	DMG & Partners	G13	Genting	0.9	0.97	Neutral	7.78	EV/Ebitda7x FY19
08/05/19	UOB Kay Hian	G13	Genting	0.9	1.11	Buy	23.33
08/05/19	DBS Vickers	H17	Hi-P	1.34	1.32	Hold	-1.49	PER12x FY20
08/05/19	DBS Vickers	H78	Hongkong Land	6.02	7.7	Buy	27.91	RNAV (40% discount)
08/05/19	DBS Vickers	5JS	Indofood Agri	0.32	0.29	Hold	-9.38	DCF
08/05/19	DBS Vickers	UD2	Japfa	0.5	0.53	Hold	6.00	Sum of parts (10% discount), PER12.5x FY19
08/05/19	phillip	O39	OCBC	11.21	12.5	Accumulate	11.51	GGM, PB1.3x
08/05/19	DMG & Partners	O39	OCBC	11.21	11.8	Neutral	5.26	GGM, PB1.1x FY20
08/05/19	UOB Kay Hian	O39	OCBC	11.21	14.48	Buy	29.17
08/05/19	DBS Vickers	O39	OCBC	11.21	11.5	Hold	2.59
08/05/19	DBS Vickers	E8Z	Roxy-Pacific	0.39	0.39	Hold	0.00	RNAV (55% discount)
08/05/19	CIMB	S68	SGX	7.98	8.1	Hold	1.50	PER21.5x
08/05/19	UOB Kay Hian	S08	Singapore Post	0.965	1.04	Hold	7.77	Sum of parts
08/05/19	DBS Vickers	S08	Singapore Post	0.965	0.96	Hold	-0.52
08/05/19	Lim & Tan	S08	Singapore Post	0.965	0	Hold	-100.00
08/05/19	phillip	U11	UOB	26	28.6	Accumulate	10.00	GGM, PB1.3x
08/05/19	DBS Vickers	U11	UOB	26	29.2	Buy	12.31
08/05/19	Kim Eng	U11	UOB	26	29.13	Buy	12.04	DDM