Stock calls for 29 November 2019

Date	Analyst	Company	Last	Target	Call	Valuation
11/29/19	DBS Vickers	AEM	1.71	2.38	Buy	PER12.1x FY20
11/29/19	CIMB	Dairy Farm	5.93	5.4	Reduce	PER22x CY20
11/29/19	DBS Vickers	Frencken	0.905	1.06	Buy	PER10x FY20
11/29/19	UOB Kay Hian	Fu Yu	0.235	0.295	Buy
11/29/19	Morgan Stanley	Thai Beverage	0.865	1.08	Overweight
11/29/19	Nomura	Thai Beverage	0.865	1.04	Buy
11/29/19	JP Morgan	Thai Beverage	0.865	1	Overweight
11/29/19	Credit Suisse	Thai Beverage	0.865	0.9	Neutral
11/29/19	DBS Vickers	UMS	0.89	1.08	Buy	PER14x FY20