Stock calls for 7 August 2020

Date	Analyst	Company	Last	Target	Call	Valuation
08/07/20	DBS Vickers	A-Reit	3.48	4	Buy
08/07/20	Amfrasers	ARA Hospitality	0.35	0.4	Neutral
08/07/20	CIMB	BRC Asia	1.13	1.35	Add
08/07/20	Lim & Tan	Capitaland	2.75	0	Buy
08/07/20	DBS Vickers	Capitamall Trust	1.9	2.4	Buy
08/07/20	DBS Vickers	Comfortdelgro	1.39	1.68	Buy
08/07/20	DMG & Partners	CSE Global	0.535	0.6	Buy	PER10.8x FY21
08/07/20	UOB Kay Hian	CSE Global	0.535	0.59	Buy	PER12x FY21
08/07/20	Kim Eng	DBS	20.4	22.9	Buy	DDM
08/07/20	DMG & Partners	DBS	20.4	18.5	Neutral	GGM, PB0.94x FY20
08/07/20	UOB Kay Hian	DBS	20.4	22.9	Buy	GGM, PB01.07x FY21
08/07/20	CIMB	DBS	20.4	18.8	Hold
08/07/20	DBS Vickers	Frasers Centrepoint Trust	2.39	2.95	Buy
08/07/20	CIMB	Genting	0.71	0.73	Add	Ev/Ebitda8.5x CY21
08/07/20	HL Investment	Genting	0.71	0.75	Hold	EV/Ebitda7x FY21, Cut from $0.79
08/07/20	DMG & Partners	Genting	0.71	0.62	Sell	PB1x FY21
08/07/20	DBS Vickers	Genting	0.71	0.7	Hold	Ev/Ebitda7x FY21 & DCF
08/07/20	Kim Eng	Genting	0.71	0.76	Hold	DCF
08/07/20	Amfrasers	ISDN	0.365	0.42	Outperform
08/07/20	DBS Vickers	Netlink	0.97	1.02	Hold	DCF
08/07/20	Kim Eng	Netlink	0.97	1.07	Buy
08/07/20	OCBC	Netlink	0.97	1.1	Buy
08/07/20	DBS Vickers	OCBC	8.8	9.3	Hold
08/07/20	Lim & Tan	OCBC	8.8	0	Buy on weakness
08/07/20	CIMB	OCBC	8.8	8.37	Hold
08/07/20	UOB Kay Hian	Riverstone	4.53	6	Buy	PER23.2x FY21
08/07/20	CIMB	Riverstone	4.53	5.55	Add
08/07/20	CIMB	ST Engineering	3.23	3.46	Add	DCF
08/07/20	DBS Vickers	Thai Beverage	0.63	0.9	Buy
08/07/20	Kim Eng	UOB	19.76	20.79	Hold	DDM
08/07/20	DMG & Partners	UOB	19.76	18.8	Neutral	GGM, PB0.8x FY20
08/07/20	DBS Vickers	UOB	19.76	22.2	Buy	GGM, PB0.9x FY21
08/07/20	CIMB	UOB	19.76	19.04	Hold
08/07/20	DMG & Partners	Wilmar	4.79	5.45	Buy	Sum of parts
08/07/20	CIMB	Wilmar	4.79	5.53	Add	Sum of parts
08/07/20	UOB Kay Hian	Yangzijiang	0.97	1.17	Buy	PB0.68x
08/07/20	DBS Vickers	Yangzijiang	0.97	1.4	Buy	Sum of parts