SATS - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/14/23	UOB Kay Hian	SATS	3	3.28	Buy	EV/Ebitda9.7x FY25
02/14/23	CIMB	SATS	3	3.21	Add	DCF
02/23/23	CIMB	SATS	2.72	3.1	Add	DCF
02/24/23	phillip	SATS	2.8	2.92	Neutral	PER20x FY24
03/13/23	UOB Kay Hian	SATS	2.42	3.02	Buy	EV/Ebitda9.7x FY25
03/31/23	Citi Research	SATS	2.8	2.98	Buy	PER20x FY25
04/06/23	CIMB	SATS	2.79	3.1	Add	DCF
04/13/23	OCBC	SATS	2.79	3.38	Buy
05/03/23	UOB Kay Hian	SATS	2.62	3.01	Buy
05/22/23	DBS Vickers	SATS	2.7	3.4	Buy	EV/Ebitda11.6x FY24 & 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
06/01/23	UOB Kay Hian	SATS	2.49	3.02	Buy	PER9.7x FY25
06/01/23	DBS Vickers	SATS	2.49	3.2	Buy	EV/Ebitda11.6x FY24 & DCF
06/01/23	CIMB	SATS	2.49	2.6	Hold
06/19/23	Lim & Tan	SATS	2.74	3.12	Hold
07/06/23	UOB Kay Hian	SATS	2.6	3.02	Buy
07/10/23	UOB Kay Hian	SATS	2.64	2.99	Buy	EV/Ebitda9.7x FY25
08/16/23	UOB Kay Hian	SATS	2.62	2.99	Buy	EV/Ebitda9.7x FY25
08/16/23	DBS Vickers	SATS	2.62	3.2	Buy	EV/Ebitda11.4x FY24
08/16/23	CIMB	SATS	2.62	2.86	Hold
08/17/23	phillip	SATS	2.54	2.51	Neutral
08/17/23	Lim & Tan	SATS	2.54	0	Avoid
10/16/23	UOB Kay Hian	SATS	2.59	2.99	Buy	EV/Ebitda9.7x FY25
11/14/23	phillip	SATS	2.56	2.23	Reduce	DCF
11/14/23	DBS Vickers	SATS	2.56	3.2	Buy	Sum of parts
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
11/24/23	Citi Research	SATS	2.74	3.01	Buy	PER20x FY24
12/05/23	UOB Kay Hian	SATS	2.65	2.9	Buy
12/11/23	UOB Kay Hian	SATS	2.69	3.22	Buy	PER16.8x FY26
12/12/23	CIMB	SATS	2.68	3	Add
01/10/24	UOB Kay Hian	SATS	2.83	3.22	Buy	PER16.8x FY26
02/01/24	phillip	SATS	2.75	2.23	Reduce
02/19/24	UOB Kay Hian	SATS	2.77	3.22	Buy
02/29/24	DBS Vickers	SATS	2.6	3.4	Buy
03/01/24	OCBC	SATS	2.62	3.09	Buy	EV/Ebitda
03/04/24	UOB Kay Hian	SATS	2.66	3.22	Buy	PER16.8x FY26
03/04/24	phillip	SATS	2.66	2.31	Reduce	DCF
03/18/24	Lim & Tan	SATS	2.55	3.16	Accumulate