Stock calls for 3 May 2023

Date	Analyst	Company	Last	Target	Call	Valuation
05/03/23	DBS Vickers	A-Reit	2.83	3.4	Buy
05/03/23	CIMB	A-Reit	2.83	3.06	Add	DDM
05/03/23	UOB Kay Hian	DBS	32.95	41	Buy	GGM, PB1.88x FY23
05/03/23	DMG & Partners	DBS	32.95	35.7	Neutral	GGM, PB1.52x
05/03/23	CIMB	LHN Logistics	0.161	0.18	Add
05/03/23	OCBC	Mapletree Commercial	1.74	1.91	Buy
05/03/23	DBS Vickers	Mapletree Logistics	1.75	1.88	Buy	DCF
05/03/23	CIMB	Mapletree Logistics	1.75	1.88	Add	DDM
05/03/23	UOB Kay Hian	SATS	2.62	3.01	Buy
05/03/23	DBS Vickers	Sheng Siong	1.82	1.89	Hold	PER21x FY23
05/03/23	CIMB	Sheng Siong	1.82	1.88	Add	PER20x FY24
05/03/23	Lim & Tan	Sheng Siong	1.82	1.91	Hold
05/03/23	CIMB	Wilmar	3.93	4.63	Add	Sum of parts
05/03/23	DMG & Partners	Wilmar	3.93	4.4	Buy