Stock calls for 15 March 2021

Date	Analyst	Company	Last	Target	Call	Valuation
03/15/21	Amfrasers	AEM	3.86	5.05	Outperform	PER14x FY21
03/15/21	DBS Vickers	Bumitama	0.475	0.66	Buy
03/15/21	CIMB	Dairy Farm	4.51	5.4	Add	PER22x FY22
03/15/21	DBS Vickers	Dairy Farm	4.51	5.02	Buy	Sum of parts
03/15/21	DMG & Partners	Dairy Farm	4.51	4.78	Neutral	PER21x FY21
03/15/21	DBS Vickers	First Resources	1.44	1.83	Buy
03/15/21	Kim Eng	Frencken	1.39	1.74	Buy	PER14.5x FY21
03/15/21	UOB Kay Hian	Koufu	0.665	0.77	Buy
03/15/21	Lim & Tan	Oceanus	0.036	0	Caution
03/15/21	CIMB	Sembcorp Industries	1.82	1.97	Add	PB1x CY21
03/15/21	Kim Eng	UMS	1.16	1.57	Buy	PER15x FY21
03/15/21	DMG & Partners	Wilmar	5.34	6.3	Buy
03/15/21	DBS Vickers	Wilmar	5.34	6.67	Buy