Raffles Medical - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/22/22	DBS Vickers	Raffles Medical	1.3	1.63	Buy	PER40x FY22
02/22/22	Kim Eng	Raffles Medical	1.3	1.5	Buy	DCF
02/22/22	UOB Kay Hian	Raffles Medical	1.3	1.31	Hold	DCF
02/23/22	DMG & Partners	Raffles Medical	1.23	1.55	Buy	PER40x FY22
02/23/22	OCBC	Raffles Medical	1.23	1.65	Buy
02/23/22	phillip	Raffles Medical	1.23	1.27	Neutral	DCF
02/24/22	CIMB	Raffles Medical	1.21	1.33	Hold
03/03/22	Lim & Tan	Raffles Medical	1.16	1.42	Accumulate
03/30/22	UOB Kay Hian	Raffles Medical	1.17	1.34	Hold
06/20/22	DMG & Partners	Raffles Medical	1.12	1.5	Buy	DCF
07/12/22	CIMB	Raffles Medical	1.11	1.27	Add
07/25/22	DMG & Partners	Raffles Medical	1.12	1.5	Buy	DCF
08/02/22	UOB Kay Hian	Raffles Medical	1.2	1.42	Buy	PER24.5x
08/02/22	DBS Vickers	Raffles Medical	1.2	1.64	Buy	PER26x
08/02/22	Kim Eng	Raffles Medical	1.2	1.57	Buy
08/02/22	DMG & Partners	Raffles Medical	1.2	1.65	Buy	DCF
08/02/22	Lim & Tan	Raffles Medical	1.2	0	Accumulate
08/02/22	CIMB	Raffles Medical	1.2	1.5	Add
08/03/22	phillip	Raffles Medical	1.25	1.46	Buy	DCF
08/11/22	OCBC	Raffles Medical	1.33	1.5	Buy	DCF
09/01/22	DMG & Partners	Raffles Medical	1.39	1.65	Buy	DCF, PER33x FY23
10/13/22	DMG & Partners	Raffles Medical	1.26	1.6	Buy	DCF
10/21/22	DBS Vickers	Raffles Medical	1.23	1.63	Buy
10/25/22	CIMB	Raffles Medical	1.21	1.6	Add	EV/Ebitda15x FY24
11/01/22	UOB Kay Hian	Raffles Medical	1.33	1.58	Buy	PER24.2x FY23
11/01/22	DBS Vickers	Raffles Medical	1.33	1.64	Buy	PER22x FY23
11/01/22	CIMB	Raffles Medical	1.33	1.6	Add
11/02/22	DMG & Partners	Raffles Medical	1.34	1.65	Buy	DCF
11/03/22	OCBC	Raffles Medical	1.33	1.5	Buy
11/03/22	Kim Eng	Raffles Medical	1.33	1.6	Buy
12/15/22	Kim Eng	Raffles Medical	1.39	1.6	Buy
12/20/22	DMG & Partners	Raffles Medical	1.36	1.65	Buy
01/05/23	DMG & Partners	Raffles Medical	1.4	1.65	Buy
01/16/23	UOB Kay Hian	Raffles Medical	1.37	1.58	Buy	PER24.2x FY23
01/31/23	Kim Eng	Raffles Medical	1.46	1.6	Buy	DCF
02/03/23	DMG & Partners	Raffles Medical	1.5	1.65	Buy	DCF
02/10/23	Kim Eng	Raffles Medical	1.5	1.44	Buy
02/27/23	DBS Vickers	Raffles Medical	1.47	1.64	Buy
02/28/23	UOB Kay Hian	Raffles Medical	1.5	1.85	Buy	PER26.5x FY23
02/28/23	DBS Vickers	Raffles Medical	1.5	1.48	Hold
03/01/23	Kim Eng	Raffles Medical	1.39	1.65	Buy	DCF
03/01/23	OCBC	Raffles Medical	1.39	1.6	Hold
03/06/23	phillip	Raffles Medical	1.39	1.76	Buy	DCF
03/24/23	DBS Vickers	Raffles Medical	1.42	1.48	Hold
03/24/23	DMG & Partners	Raffles Medical	1.42	1.7	Buy	DCF
03/28/23	UOB Kay Hian	Raffles Medical	1.43	1.9	Buy	PER26x FY23
04/25/23	DMG & Partners	Raffles Medical	1.46	1.7	Buy	Sum of parts
05/10/23	DMG & Partners	Raffles Medical	1.46	1.75	Buy	DCF