Stock calls for 25 November 2019

Date	Analyst	Company	Last	Target	Call	Valuation
11/25/19	Phillip	A-Reit	2.94	3.31	Accumulate
11/25/19	CIMB	AEM	1.8	2.12	Add
11/25/19	Phillip	ART	1.32	1.36	Accumulate
11/25/19	DBS Vickers	ART	1.32	1.45	Buy
11/25/19	CIMB	Boustead	0.765	1	Add
11/25/19	phillip	Cache Logistics	0.71	0.75	Neutral
11/25/19	Phillip	CapitaCommercial	1.99	2.18	Neutral
11/25/19	CIMB	Capitaland	3.66	4.15	Add
11/25/19	Phillip	Capitamall Trust	2.49	2.68	Neutral
11/25/19	Phillip	CapitaRetail China	1.55	1.66	Accumulate
11/25/19	DBS Vickers	CDL Hospitality	1.58	1.8	Buy
11/25/19	DBS Vickers	City Developments	10.78	11	Hold
11/25/19	CIMB	CSE Global	0.54	0.73	Add
11/25/19	phillip	Dasin Retail	0.84	0.94	Accumulate
11/25/19	Phillip	Frasers Centrepoint Trust	2.76	3.11	Accumulate
11/25/19	CIMB	Frasers Centrepoint Trust	2.76	2.89	Add
11/25/19	Phillip	Keppel DC Reit	2.01	2.06	Accumulate
11/25/19	Phillip	Mapletree Industrial	2.51	2.03	Neutral
11/25/19	CIMB	Propnex	0.515	0.68	Add
11/25/19	Kim Eng	SATS	5.06	6.1	Buy
11/25/19	phillip	SGX	8.97	8.6	Neutral	PER22x
11/25/19	UOB Kay Hian	Thai Beverage	0.89	0.9	Hold
11/25/19	DMG & Partners	Thai Beverage	0.89	0.95	Neutral	Sum of parts
11/25/19	CIMB	Thai Beverage	0.89	1	Add
11/25/19	DBS Vickers	Thai Beverage	0.89	1.04	Buy	Sum of parts
11/25/19	CIMB	Wilmar	4.1	4.58	Add
11/25/19	CIMB	Yangzijiang	1.02	1.45	Add