Thomson Medical - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
12/16/24	Kim Eng	Thomson Medical	0.05	0.06	Buy
01/20/25	Kim Eng	Thomson Medical	0.048	0.06	Buy
02/13/25	Kim Eng	Thomson Medical	0.044	0.05	Hold	EV/Ebitda
02/18/25	Phillip	Thomson Medical	0.046	0.048	Neutral	Sum of parts
08/27/25	Lim & Tan	Thomson Medical	0.06	0.049	Hold
09/03/25	Phillip	Thomson Medical	0.06	0.074	Buy	Sum of parts

Thakral - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/02/25	Phillip	Thakral	1.52	2.04	Buy	PER8.4x FY25
06/18/25	Lim & Tan	Thakral	1.44	2.04	Accumulate
08/25/25	Phillip	Thakral	1.43	2.12	Buy	Sum of parts
11/24/25	Phillip	Thakral	1.67	2.12	Buy	Sum of parts

Thai Beverage - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/03/25	Goldman Sachs	Thai Beverage	0.56	0.72	Buy
01/07/25	DBS Vickers	Thai Beverage	0.565	0.77	Buy	PER16x FY25
02/04/25	DBS Vickers	Thai Beverage	0.54	0.77	Buy	PER16x FY25
02/17/25	UOB Kay Hian	Thai Beverage	0.5	0.56	Buy	Sum of parts
02/17/25	Phillip	Thai Beverage	0.5	0.56	Accumulate	PER12x FY25
03/24/25	CIMB	Thai Beverage	0.52	0.58	Add
05/13/25	DBS Vickers	Thai Beverage	0.515	0.63	Buy	PER16x FY25
05/13/25	Phillip	Thai Beverage	0.515	0.56	Accumulate	PER12x FY25
05/13/25	UOB Kay Hian	Thai Beverage	0.515	0.51	Hold	Sum of parts
06/16/25	DMG & Partners	Thai Beverage	0.515	0.69	Buy	Sum of parts
06/16/25	UOB Kay Hian	Thai Beverage	0.46	0.45	Hold	Sum of parts
06/23/25	DBS Vickers	Thai Beverage	0.445	0.63	Buy	PER16x FY25
06/23/25	Phillip	Thai Beverage	0.445	0.56	Buy	PER12x FY25
07/22/25	Kim Eng	Thai Beverage	0.475	0.45	Hold
08/15/25	DBS Vickers	Thai Beverage	0.475	0.63	Buy	PER16x FY25
08/15/25	CIMB	Thai Beverage	0.475	0.56	Add	PER
09/02/25	DMG & Partners	Thai Beverage	0.465	0.65	Buy	Sum of parts
10/27/25	DBS Vickers	Thai Beverage	0.495	0.63	Buy	PER16x FY25
11/10/25	DBS Vickers	Thai Beverage	0.475	0.63	Buy	PER16x FY25
11/27/25	DBS Vickers	Thai Beverage	0.465	0.62	Buy	PER14x FY26
11/27/25	Kim Eng	Thai Beverage	0.465	0.43	Hold
11/27/25	CIMB	Thai Beverage	0.465	0.58	Add	Sum of parts
11/27/25	DMG & Partners	Thai Beverage	0.465	0.62	Buy	Sum of parts
12/01/25	Phillip	Thai Beverage	0.465	0.53	Accumulate	PER12x FY26

Stock calls for 18 December 2025

Date	Analyst	Company	Last	Target	Call	Valuation
12/18/25	SAC Capital	Skylink	0.295	0.44	Buy

Telechoice - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
09/29/25	Phillip	Telechoice	0.164	0.215	Buy	PER15x FY25
11/20/25	Phillip	Telechoice	0.18	0.215	Buy	PER15x FY25

Suntec Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
12/06/24	Lim & Tan	Suntec Reit	1.17	1.24	Reject Offer	Offer @ $1.16
12/06/24	DMG & Partners	Suntec Reit	1.17	1.35	Reject Offer	Offer @ $1.16
12/09/24	MorningStar	Suntec Reit	1.23	1.38	Reject Offer	Offer @ $1.16
01/02/25	UOB Kay Hian	Suntec Reit	1.17	1.18	Hold	DDM
01/09/25	Lim & Tan	Suntec Reit	1.19	1.24	Hold	NAV $2.07
01/10/25	DMG & Partners	Suntec Reit	1.21	1.35	Buy	Reject Offer
01/10/25	MorningStar	Suntec Reit	1.21	1.39	Reject Offer	Offer @ $1.19
01/24/25	Lim & Tan	Suntec Reit	1.21	1.19	Hold	NAV $2.05
01/28/25	CIMB	Suntec Reit	1.2	1.33	Hold
02/10/25	Phillip	Suntec Reit	1.17	1.33	Accumulate	DDM
02/12/25	OCBC	Suntec Reit	1.14	1.14	Hold
03/06/25	UOB Kay Hian	Suntec Reit	1.12	1.18	Hold	DDM
04/01/25	UOB Kay Hian	Suntec Reit	1.18	1.18	Hold	DDM
04/25/25	DBS Vickers	Suntec Reit	1.16	1.15	Hold
04/25/25	Lim & Tan	Suntec Reit	1.16	1.25	Hold
04/28/25	Phillip	Suntec Reit	1.15	1.33	Buy	DDM
04/29/25	CIMB	Suntec Reit	1.14	1.26	Hold
04/29/25	CIMB	Suntec Reit	1.14	1.17	Hold
05/21/25	UOB Kay Hian	Suntec Reit	1.13	1.18	Hold	DDM
06/16/25	DMG & Partners	Suntec Reit	1.14	1.35	Buy
06/23/25	Phillip	Suntec Reit	1.12	1.33	Buy	DDM
06/27/25	UOB Kay Hian	Suntec Reit	1.13	1.3	Hold	DDM
07/25/25	DBS Vickers	Suntec Reit	1.18	1.15	Hold
07/25/25	Lim & Tan	Suntec Reit	1.18	1.22	Hold
07/28/25	Phillip	Suntec Reit	1.19	1.36	Buy	DDM
08/01/25	UOB Kay Hian	Suntec Reit	1.16	1.31	Hold	DDM
08/07/25	DBS Vickers	Suntec Reit	1.2	1.4	Buy
08/21/25	JPM	Suntec Reit	1.23	1.45	Overweight
09/01/25	UOB Kay Hian	Suntec Reit	1.32	1.31	Hold	DDM
09/05/25	DBS Vickers	Suntec Reit	1.3	1.4	Buy
09/09/25	DMG & Partners	Suntec Reit	1.35	1.48	Buy
10/27/25	DBS Vickers	Suntec Reit	1.37	1.4	Buy
10/31/25	DMG & Partners	Suntec Reit	1.35	1.6	Buy
10/31/25	OCBC	Suntec Reit	1.35	1.3	Hold
11/03/25	Phillip	Suntec Reit	1.34	1.4	Accumulate	DDM

Stoneweg Reit SGD - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/24/25	Lim & Tan	Stoneweg Reit SGD	2.12	2.64	Accumulate	SGD
07/09/25	Lim & Tan	Stoneweg Reit SGD	2.28	2.75	Accumulate	SGD

Stock calls for 17 December 2025

Date	Analyst	Company	Last	Target	Call	Valuation
12/17/25	Lim & Tan	Capitaland Integrated Commercial Trust	2.33	0	Accumulate
12/17/25	Amfrasers	Ever Gloy Uinited Holdings	0.7	1.2	Outperform	DCF
12/17/25	Lim & Tan	Keppel DC Reit	2.2	2.61	Accumulate on weakness
12/17/25	Kim Eng	Sembcorp Industries	5.92	5.65	Hold

Stoneweg Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/03/25	Phillip	Stoneweg Reit	1.57	1.95	Buy
01/10/25	DMG & Partners	Stoneweg Reit	1.59	1.9	Buy
02/17/25	Phillip	Stoneweg Reit	1.57	1.95	Buy
02/18/25	DBS Vickers	Stoneweg Reit	1.57	1.85	Buy	DCF
03/13/25	Phillip	Stoneweg Reit	1.38	1.86	Buy	DDM
04/21/25	Phillip	Stoneweg Reit	1.42	1.86	Buy	DDM
05/02/25	Phillip	Stoneweg Reit	1.5	1.86	Buy	DDM
06/23/25	Phillip	Stoneweg Reit	1.52	1.86	Buy	DDM
06/25/25	CIMB	Stoneweg Reit	1.55	1.93	Add
06/26/25	DMG & Partners	Stoneweg Reit	1.56	1.9	Buy
08/18/25	Phillip	Stoneweg Reit	1.59	1.86	Buy	DDM
09/22/25	Phillip	Stoneweg Reit	1.55	1.86	Buy	DDM
10/06/25	Lim & Tan	Stoneweg Reit	1.52	1.88	Accumulate
10/07/25	DMG & Partners	Stoneweg Reit	1.52	1.9	Buy
10/23/25	Phillip	Stoneweg Reit	1.53	1.86	Buy	DDM
11/06/25	DBS Vickers	Stoneweg Reit	1.53	1.8	Buy	DCF
11/07/25	OCBC	Stoneweg Reit	1.56	1.87	Buy
11/10/25	Phillip	Stoneweg Reit	1.57	1.86	Buy	DDM