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Wednesday, May 31, 2023

Stock calls for 31 May 2023

Date

Analyst

Company

Last

Target

Call

Valuation

05/31/23

Amfrasers

Fortress Minerals

0.34

0.46

outperform

DCF & EV/Resource3.6x

05/31/23

DMG & Partners

Marco Polo

0.051

0.06

Buy

DCF

05/31/23

CIMB

SATS

2.75

3.1

Add

DCF

05/31/23

Lim & Tan

SATS

2.75

3.23

Hold


05/31/23

Citi Research

SATS

2.75

2.98

Hold

PER20x FY25

05/31/23

Citi Research

Sheng Siong

1.63

1.92

Buy


05/31/23

Lim & Tan

SIA Engineering

2.42

2.63

Buy


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