SIA - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/14/22	UOB Kay Hian	SIA	5.23	4.88	Hold	PB1.12x FY23
08/01/22	UOB Kay Hian	SIA	5.45	5.18	Hold	PB1.15x FY23
08/01/22	DBS Vickers	SIA	5.45	6.6	Buy	EV/Ebitda6.5x
08/02/22	OCBC	SIA	5.42	5.84	Hold
08/23/22	CIMB	SIA	5.38	6.1	Add
09/21/22	Amfrasers	SIA	5.32	5.5	Buy	Buy @ $5.28
10/05/22	DBS Vickers	SIA	5.11	6.6	Buy
10/18/22	Lim & Tan	SIA	5	5.86	Trading Buy
11/02/22	Citi Research	SIA	5.31	5.19	Neutral	PB1.2x FY24
11/02/22	CIMB	SIA	5.31	6.1	Add	PB0.9x FY24
11/07/22	DBS Vickers	SIA	5.34	6.6	Buy
11/07/22	CIMB	SIA	5.34	5.97	Add
11/07/22	Lim & Tan	SIA	5.34	6.14	Buy
11/08/22	UOB Kay Hian	SIA	5.41	5.18	Hold	PB1.1x FY24
11/08/22	OCBC	SIA	5.41	6.28	Buy	PB0.9x FY24
12/01/22	UOB Kay Hian	SIA	5.5	5.35	Hold	PB1.06x FY24
12/07/22	CIMB	SIA	5.58	5.97	Add
12/15/22	DBS Vickers	SIA	5.58	6.6	Buy
12/15/22	Citi Research	SIA	5.58	5.16	Sell
01/06/23	UOB Kay Hian	SIA	5.54	5.4	Hold	PB1.06x FY24
01/17/23	CIMB	SIA	5.83	5.97	Hold	PB0.9x FY23
01/20/23	DBS Vickers	SIA	5.82	6.8	Buy	EV/Ebitda6x FY23
02/22/23	DBS Vickers	SIA	5.78	6.8	Buy
02/22/23	Lim & Tan	SIA	5.78	5.78	Hold
02/23/23	UOB Kay Hian	SIA	5.77	5.35	Sell	PB1.06x FY24
02/23/23	Citi Research	SIA	5.77	5.16	Sell
02/23/23	CIMB	SIA	5.77	6.14	Hold	PB0.9x
02/23/23	OCBC	SIA	5.77	6.47	Buy
03/15/23	OCBC	SIA	5.65	6.47	Buy
04/18/23	DBS Vickers	SIA	5.74	6.8	Buy
04/18/23	Lim & Tan	SIA	5.74	6.65	Buy
04/18/23	OCBC	SIA	5.74	6.47	Hold
04/19/23	Citi Research	SIA	5.74	6.41	Buy	PB1.35x FY24
05/11/23	DBS Vickers	SIA	5.88	6.8	Buy	EV/Ebitda5.4x FY24
05/17/23	Lim & Tan	SIA	5.92	6.65	Accumulate
05/17/23	CIMB	SIA	5.92	6.15	Hold	PB1x
05/18/23	UOB Kay Hian	SIA	6.01	5.75	Hold	PB1.19x FY24
05/18/23	OCBC	SIA	6.01	6.5	Hold	PB1x
05/18/23	Citi Research	SIA	6.01	6.41	Buy
06/07/23	OCBC	SIA	6.8	7.18	Hold	PB1.1x
06/13/23	Lim & Tan	SIA	7.3	6.2	Take Profit
06/15/23	OCBC	SIA	7.6	7.94	Hold	PB1.15x
06/19/23	UOB Kay Hian	SIA	7.77	7.07	Sell	PB1.44x FY24
06/22/23	Phillip	SIA	7.45	6.8	Reduce	PB1.1x FY24
06/27/23	DBS Vickers	SIA	7.49	6.8	Hold
06/30/23	Lim & Tan	SIA	7.5	6.58	Hold
07/04/23	CIMB	SIA	7.33	6.53	Reduce	PB1.04x
07/10/23	UOB Kay Hian	SIA	7.32	7.07	Sell
07/18/23	UOB Kay Hian	SIA	7.42	7.28	Sell	PB1.44x FY24
07/19/23	Citi Research	SIA	7.46	6.54	Sell	PB1.25x FY25
07/20/23	Lim & Tan	SIA	7.38	6.65	Hold
07/28/23	CIMB	SIA	7.52	6.78	Reduce
07/28/23	Lim & Tan	SIA	7.52	6.68	Accumulate on weakness
07/31/23	UOB Kay Hian	SIA	7.58	6.82	Sell	PB1.35x FY24
07/31/23	Phillip	SIA	7.58	6.8	Reduce	PB1.1x FY24
09/19/23	UOB Kay Hian	SIA	6.8	6.44	Sell	PB1.26x FY25
10/13/23	Amfrasers	SIA	6.44	6.9	Buy
10/17/23	CIMB	SIA	6.33	5.66	Reduce	PB0.91x FY24