Stock calls for 2 March 2020

Date	Analyst	Company	Last	Target	Call	Valuation
03/02/20	DBS Vickers	A-Reit	3.06	3.45	Buy	DCF
03/02/20	DBS Vickers	AIMS AMP Cap Ind Reit	1.4	1.5	Buy	DCF
03/02/20	DBS Vickers	Ascendas India Trust	1.65	1.85	Buy
03/02/20	DBS Vickers	Cache Logistics	0.685	0.75	Hold
03/02/20	DMG & Partners	Centurion	0.445	0.49	Neutral	DCF
03/02/20	DBS Vickers	Centurion	0.445	0.53	Buy	DCF
03/02/20	DBS Vickers	CSE Global	0.52	0.7	Buy	PER12x FY20
03/02/20	DMG & Partners	EC World Reit	0.705	0.78	Buy	DDM
03/02/20	DBS Vickers	EC World Reit	0.705	0.8	Buy	DCF
03/02/20	Amfrasers	EC World Reit	0.705	0.82	outperform
03/02/20	DBS Vickers	ESR-Reit	0.53	0.59	Buy	DCF
03/02/20	CIMB	Frencken	0.83	1.06	Add
03/02/20	DMG & Partners	Golden Agri	0.2	0.25	Buy	Sum of parts
03/02/20	OCBC	Golden Agri	0.2	0.22	Hold
03/02/20	UOB Kay Hian	Golden Agri	0.2	0.22	Hold	Buy @ $0.20
03/02/20	CIMB	Golden Agri	0.2	0.23	Hold
03/02/20	DMG & Partners	HRnetGroup	0.56	0.61	Neutral	PER12x FY20
03/02/20	Kim Eng	IHH Healthcare	1.87	2.09	Buy	Sum of parts, Ringgit $6.30 target price
03/02/20	UOB Kay Hian	IHH Healthcare	1.87	1.94	Buy	Ringgit $5.86 target price
03/02/20	CIMB	IHH Healthcare	1.87	2.07	Add	Ringgit $6.26 target price
03/02/20	DBS Vickers	Keppel DC Reit	2.32	2.55	Hold	DCF
03/02/20	DBS Vickers	Koufu	0.705	0.84	Buy	PER17x FY20
03/02/20	DBS Vickers	Mapletree Industrial	2.68	3	Buy
03/02/20	DBS Vickers	Mapletree Logistics	1.85	1.9	Hold
03/02/20	DMG & Partners	Mindchamps	0.395	0.37	Neutral	DCF
03/02/20	DMG & Partners	Moya Asia	0.073	0.082	Buy	DCF
03/02/20	DBS Vickers	Netlink	0.98	1.05	Buy
03/02/20	DBS Vickers	OCBC	10.6	11.5	Hold
03/02/20	phillip	Propnex	0.545	0.7	Buy	DCF
03/02/20	DBS Vickers	Soilbuild Reit	0.495	0.55	Hold
03/02/20	UOB Kay Hian	Sunningdale	1.21	1.06	Hold	Buy @ $1
03/02/20	UOB Kay Hian	Sunpower	0.525	0.88	Buy	Sum of parts
03/02/20	DBS Vickers	UOB	24.48	27.2	Buy
03/02/20	OCBC	UOL	7.37	9.6	Buy	RNAV (30% discount)
03/02/20	DBS Vickers	UOL	7.37	9.5	Buy	RNAV (28% discount)
03/02/20	Lim & Tan	UOL	7.37	0	Buy on weakness
03/02/20	Phillip	Venture	16.45	18.1	Accumulate	PER14x FY20
03/02/20	OCBC	Venture	16.45	18.09	Buy	PER13.9x
03/02/20	OCBC	Yangzijiang	0.945	1.2	Buy	Sum of parts
03/02/20	UOB Kay Hian	Yangzijiang	0.945	1.4	Buy
03/02/20	DBS Vickers	Yangzijiang	0.945	1.5	Buy	Sum of parts, PB0.9x
03/02/20	DBS Vickers	Yanlord	1.16	1.1	Hold	PER4.5x FY20