Stock calls for 31 March 2021

Date	Analyst	Company	Last	Target	Call	Valuation
03/31/21	DMG & Partners	DBS	29	33	Buy
03/31/21	CIMB	Keppel Corp	5.34	6.4	Add	Sum of parts
03/31/21	UOB Kay Hian	Mapletree Industrial	2.76	3.5	Buy	DDM
03/31/21	CIMB	Sembcorp Marine	0.18	0.141	Hold	PB0.5x CY21
03/31/21	CIMB	SPH	1.5	2.09	Add	Sum of parts
03/31/21	UOB Kay Hian	SPH	1.5	1.85	Buy	Sum of parts
03/31/21	Lim & Tan	SPH	1.5	0	Accumulate
03/31/21	Lim & Tan	SPH Reit	0.88	0	Accumulate
03/31/21	Kim Eng	SPH Reit	0.88	0.8	Hold	DDM