Stock calls for 14 February 2023

Date	Analyst	Company	Last	Target	Call	Valuation
02/14/23	UOB Kay Hian	DBS	35.32	45.8	Buy	GGM, PB2.03x FY23
02/14/23	DMG & Partners	DBS	35.32	42	Buy	GGM, PB1.76x
02/14/23	CIMB	DBS	35.32	35.7	Hold
02/14/23	OCBC	DBS	35.32	39	Buy
02/14/23	DBS Vickers	Elite ComReit	0.525	0.53	Hold	DCF
02/14/23	DBS Vickers	Far East Hospitality	0.665	0.7	Buy
02/14/23	Lim & Tan	Far East Hospitality	0.665	0.72	Hold
02/14/23	DBS Vickers	Netlink	0.855	0.98	Buy	Yield spread
02/14/23	UOB Kay Hian	SATS	3	3.28	Buy	EV/Ebitda9.7x FY25
02/14/23	CIMB	SATS	3	3.21	Add
02/14/23	Kim Eng	SGX	9.14	10.73	Buy	DCF & PER24x
02/14/23	CIMB	SGX	9.14	10	Hold
02/14/23	DMG & Partners	Sheng Siong	1.62	1.76	Buy	PER19x FY23
02/14/23	DBS Vickers	Paragon Reit	0.97	1.1	Buy	DCF
02/14/23	Lim & Tan	Paragon Reit	0.97	1.01	Hold
02/14/23	DMG & Partners	Thai Beverage	0.675	0.91	Buy	Sum of parts