Stock calls for 15 November 2023

Date	Analyst	Company	Last	Target	Call	Valuation
11/15/23	Kim Eng	Bumitama	0.61	0.94	Buy
11/15/23	DBS Vickers	Comfortdelgro	1.31	1.67	Buy	PB1.3x & EV/Ebitda5x
11/15/23	Kim Eng	Comfortdelgro	1.31	1.55	Buy	DCF
11/15/23	DBS Vickers	Delfi	1.3	1.63	Buy	PER14.4x FY24
11/15/23	DMG & Partners	OCBC	12.95	13.7	Neutral
11/15/23	Citi Research	OCBC	12.95	13	Neutral
11/15/23	UBS	OCBC	12.95	12.97	Neutral
11/15/23	DBS Vickers	SATS	2.66	3.4	Buy	EV/Ebitda8.5x
11/15/23	CIMB	SATS	2.66	3	Add
11/15/23	UOB Kay Hian	SATS	2.66	2.9	Buy	EV/Ebitda9.7x FY25
11/15/23	Lim & Tan	UMS	1.26	1.51	Accumulate