Stock calls for 5 May 2022

Date	Analyst	Company	Last	Target	Call	Valuation
05/05/22	DBS Vickers	A-Reit	2.82	3.65	Buy
05/05/22	CIMB	A-Reit	2.82	3.2	Add	DDM
05/05/22	DMG & Partners	A-Reit	2.82	3.6	Buy	DDM
05/05/22	Lim & Tan	A-Reit	2.82	3.29	Accumulate
05/05/22	DBS Vickers	ARA Hospitality	0.505	0.7	Buy
05/05/22	UOB Kay Hian	ART	1.16	1.32	Buy	DDM
05/05/22	DBS Vickers	ART	1.16	1.4	Buy	DCF, PB1.18x
05/05/22	CIMB	BRC Asia	1.65	2.1	Add
05/05/22	DBS Vickers	Capitaland Integrated Commercial Trust	2.29	2.7	Buy	PB1.3x
05/05/22	CIMB	Capitaland Integrated Commercial Trust	2.29	2.57	Add	DDM
05/05/22	DMG & Partners	Capitaland Integrated Commercial Trust	2.29	2.35	Neutral	DDM
05/05/22	Kim Eng	Capitaland Integrated Commercial Trust	2.29	2.6	Buy
05/05/22	DBS Vickers	CDL Hospitality	1.35	1.55	Buy	PB1.15x
05/05/22	DMG & Partners	CDL Hospitality	1.35	1.3	Neutral	DDM
05/05/22	CIMB	CDL Hospitality	1.35	1.38	Add
05/05/22	OCBC	CDL Hospitality	1.35	1.45	Buy
05/05/22	DMG & Partners	DBS	34.05	38.1	Buy	GGM, PB1.57x FY23
05/05/22	phillip	DBS	34.05	41.6	Accumulate	GGM, PB1.79x FY22
05/05/22	CIMB	Elite ComReit	0.66	0.76	Add	DDM
05/05/22	CIMB	Jiutian	0.094	0.17	Add
05/05/22	Lim & Tan	KSH	0.35	0	Accumulate
05/05/22	DMG & Partners	OCBC	12.32	13.9	Buy	GGM, PB1.06x FY23
05/05/22	CIMB	PanUnited	0.4	0.56	Add
05/05/22	DMG & Partners	Sheng Siong	1.54	1.51	Neutral	PER19x FY22
05/05/22	DMG & Partners	Starhub	1.26	1.29	Neutral	DCF
05/05/22	CIMB	Starhub	1.26	1.4	Hold	DCF (20% disc)
05/05/22	Kim Eng	Starhub	1.26	1.32	Hold
05/05/22	DBS Vickers	Thai Beverage	0.675	0.92	Buy
05/05/22	DMG & Partners	UOB	30.24	32.7	Neutral	GGM, PB1.18x FY23
05/05/22	phillip	UOB	30.24	35.7	Accumulate	GGM, PB1.46x FY22
05/05/22	DMG & Partners	Venture	18.25	22.8	Buy	PER19x FY22
05/05/22	CIMB	Vicplas	0.199	0.28	Add
05/05/22	UOB Kay Hian	Wilmar	4.41	5.5	Buy	Sum of parts
05/05/22	DMG & Partners	Wilmar	4.41	5.1	Buy	Sum of parts