Stock calls for 15 May 2023

Date	Analyst	Company	Last	Target	Call	Valuation
05/15/23	UOB Kay Hian	AEM	3.37	2.87	Hold	PER11.5x FY23
05/15/23	CIMB	AEM	3.37	3.86	Add
05/15/23	DBS Vickers	APAC Realty	0.625	0.57	Hold	PER9.5x FY23/24
05/15/23	Kim Eng	Bumitama	0.595	0.84	Buy	PER8x FY23
05/15/23	DMG & Partners	Bumitama	0.595	0.6	Neutral	PER7x FY23
05/15/23	UOB Kay Hian	Bumitama	0.595	0.55	Hold	PER6x FY23
05/15/23	Phillip	Capitaland Investment	3.62	4.12	Accumulate	Sum of parts
05/15/23	DBS Vickers	EC World Reit	0.295	0.4	Fully Valued
05/15/23	Kim Eng	First Resources	1.39	1.85	Buy
05/15/23	DMG & Partners	First Resources	1.39	1.2	Sell	PER8x FY23
05/15/23	UOB Kay Hian	First Resources	1.39	1.55	Hold	PER9x FY23
05/15/23	UOB Kay Hian	Food Empire	1.1	1.33	Buy	PER10.5x FY23
05/15/23	Lim & Tan	Fu Yu	0.21	0	Sell
05/15/23	UOB Kay Hian	Genting	1.11	1.25	Buy	EV/Ebitda9.9x FY23
05/15/23	DBS Vickers	Genting	1.11	1.05	Hold	Sum of parts
05/15/23	CIMB	Genting	1.11	1.26	Add	EV/Ebitda10x FY24
05/15/23	DMG & Partners	Golden Agri	0.27	0.31	Buy	Sum of parts
05/15/23	Lim & Tan	Grand Bank	0.3	0.5	Buy	PER10.2x FY23
05/15/23	phillip	Prime US Reit	0.21	0.46	Buy	DDM
05/15/23	Phillip	Starhub	1.02	1.08	Neutral	EV/Ebitda6.5x FY22
05/15/23	Phillip	Thai Beverage	0.59	0.8	Buy	PER18x F23