Spindex - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/25/21	Lim & Tan	Spindex	1.21	0	Accumulate on weakness
08/25/21	Lim & Tan	Spindex	1.2	0	Accumulate
10/15/21	Lim & Tan	Spindex	1.3	0	Buy
12/02/21	Lim & Tan	Spindex	1.18	1.45	Buy

SPH Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/15/21	Kim Eng	SPH Reit	0.86	0.8	Hold	DDM
01/18/21	CIMB	SPH Reit	0.87	1.06	Add
01/18/21	OCBC	SPH Reit	0.87	0.88	Hold
02/02/21	DBS Vickers	SPH Reit	0.83	0.8	Hold
03/04/21	CIMB	SPH Reit	0.83	1.06	Add
03/31/21	Lim & Tan	SPH Reit	0.88	0	Accumulate
03/31/21	Kim Eng	SPH Reit	0.88	0.8	Hold	DDM
05/21/21	DBS Vickers	SPH Reit	0.84	0.8	Hold
07/13/21	Lim & Tan	SPH Reit	0.925	1.03	Accumulate
07/16/21	CIMB	SPH Reit	0.945	1.06	Add
07/16/21	Kim Eng	SPH Reit	0.945	0.8	Hold	DDM
08/03/21	DBS Vickers	SPH Reit	0.905	0.92	Hold	DCF
08/03/21	Lim & Tan	SPH Reit	0.905	0	Hold
08/27/21	CIMB	SPH Reit	0.89	1.04	Add	DDM
08/27/21	OCBC	SPH Reit	0.89	0.92	Hold
10/05/21	DBS Vickers	SPH Reit	0.93	0.92	Hold
10/05/21	Lim & Tan	SPH Reit	0.93	0.95	Hold
10/06/21	CIMB	SPH Reit	0.94	1.03	Add	DDM
01/10/22	DBS Vickers	SPH Reit	0.98	0.92	Hold
01/10/22	CIMB	SPH Reit	0.98	1.03	Add	DDM
01/11/22	Lim & Tan	SPH Reit	0.965	0	Neutral
01/12/22	Kim Eng	SPH Reit	0.975	0.95	Hold
01/12/22	OCBC	SPH Reit	0.975	0.95	Hold

SPH - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/07/21	CIMB	SPH	1.13	1.1	Hold	Sum of parts
01/20/21	CIMB	SPH	1.21	1.31	Hold	Sum of parts
01/21/21	UOB Kay Hian	SPH	1.22	1.22	Hold	Buy @ $1.05
03/30/21	UOB Kay Hian	SPH	1.5	1.74	Buy
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
04/06/21	OCBC	SPH	1.77	1.92	Buy	Sum of parts
05/07/21	CIMB	SPH	1.79	2.09	Add	$1.94 target, Sum of parts (20% disc)
05/07/21	OCBC	SPH	1.79	1.92	Hold
05/10/21	UOB Kay Hian	SPH	1.52	1.85	Buy	Sum of parts
06/18/21	CIMB	SPH	1.83	2.19	Add	PB
07/21/21	UOB Kay Hian	SPH	1.8	2	Buy	Sum of parts
07/21/21	Lim & Tan	SPH	1.8	0	Accumulate
08/03/21	DBS Vickers	SPH	1.88	2.1	Accept offer	offer price $2.099
08/03/21	CIMB	SPH	1.88	2.19	Buy	Sum of parts
08/03/21	Lim & Tan	SPH	1.88	0	Accept offer	offer price $2.099
08/05/21	OCBC	SPH	1.92	1.92	Hold
08/05/21	UOB Kay Hian	SPH	1.92	2.1	Buy	Sum of parts (5% disc)
10/06/21	Lim & Tan	SPH	1.98	0	Hold
10/07/21	UOB Kay Hian	SPH	1.98	2.1	Accept offer	Sum of parts
11/02/21	UOB Kay Hian	SPH	2.12	2.15	Accept offer
11/11/21	UOB Kay Hian	SPH	2.16	2.35	Accept offer	offer price $2.35
11/16/21	UOB Kay Hian	SPH	2.33	2.4	Accept offer
12/23/21	Lim & Tan	SPH	2.34	0	Accept offer	Accept Cuscaden & Reject Keppel