Stock calls for 29 July 2020

Date	Analyst	Company	Last	Target	Call	Valuation
07/29/20	Kim Eng	ARA Logistics	0.635	0.8	Buy	DDM
07/29/20	DMG & Partners	ARA Logistics	0.635	0.72	Buy	DDM
07/29/20	UOB Kay Hian	ART	0.895	0.98	Hold	DDM
07/29/20	Phillip	ART	0.895	1.08	Buy
07/29/20	Kim Eng	ART	0.895	1.05	Buy
07/29/20	CIMB	ART	0.895	1.08	Add
07/29/20	DBS Vickers	Ascendas India Trust	1.33	1.85	Buy	DDM
07/29/20	DBS Vickers	Mapletree North Asia	0.875	1.05	Buy
07/29/20	OCBC	Mapletree North Asia	0.875	1.09	Buy
07/29/20	CIMB	Mapletree North Asia	0.875	1.12	Add
07/29/20	Amfrasers	Mermaid	0.07	0.085	Neutral	Sum of parts
07/29/20	UOB Kay Hian	Parkway Life	3.44	3.8	Buy	DDM
07/29/20	Lim & Tan	Parkway Life	3.44	0	Hold
07/29/20	phillip	Raffles Medical	0.92	0.94	Neutral	DCF
07/29/20	DBS Vickers	Singapore Post	0.74	0.64	Fully Valued	DCF, PER17x FY21
07/29/20	DMG & Partners	ST Engineering	3.31	3.9	Buy
07/29/20	CIMB	Starhill	0.475	0.706	Add	DDM
07/29/20	UOB Kay Hian	Top Glove	8.65	11.97	Buy	PER16x FY21, Ringgit target $36.90