Stock calls for 22 May 2025

Date	Analyst	Company	Last	Target	Call	Valuation
05/22/25	phillip	City Developments	4.79	6.02	Buy	RNAV (45% disc)
05/22/25	CIMB	City Developments	4.79	8.97	Add	RNAV
05/22/25	DMG & Partners	CSE Global	0.44	0.63	Buy
05/22/25	UOB Kay Hian	Delfi	0.715	0.82	Hold	PER12x FY25
05/22/25	CIMB	Delfi	0.715	0.71	Hold	PER
05/22/25	UOB Kay Hian	Frencken	1.13	1.4	Buy	PER15x FY25
05/22/25	CIMB	Frencken	1.13	1.27	Add
05/22/25	Lim & Tan	Geo Energy	0.35	0.59	Buy
05/22/25	CIMB	SIA Engineering	2.55	3.1	Add	PER
05/22/25	Lim & Tan	Singtel	3.85	4	Accumulate on weakness