Singtel - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/03/24	CIMB	Singtel	2.48	2.9	Add	Sum of parts
06/12/24	Kim Eng	Singtel	2.56	3.24	Buy
06/19/24	DBS Vickers	Singtel	2.58	3.5	Buy
06/19/24	DMG & Partners	Singtel	2.58	3.25	Buy	Sum of parts
06/19/24	Lim & Tan	Singtel	2.58	3.11	Accumulate
07/01/24	DBS Vickers	Singtel	2.75	3.5	Buy
07/01/24	Kim Eng	Singtel	2.75	3.4	Buy
07/03/24	Citi Research	Singtel	2.78	3.7	Buy
07/10/24	CIMB	Singtel	2.9	3.3	Add	Sum of parts
07/10/24	UOB Kay Hian	Singtel	2.9	3.05	Buy
07/16/24	OCBC	Singtel	3.01	3.5	Buy
07/17/24	Lim & Tan	Singtel	3.05	3.3	Accumulate
07/18/24	Phillip	Singtel	3.02	3.44	Accumulate	Sum of parts
07/19/24	DMG & Partners	Singtel	3.06	3.5	Buy	Sum of parts
08/13/24	Kim Eng	Singtel	2.84	3.4	Buy	Sum of parts
08/15/24	DBS Vickers	Singtel	2.91	3.5	Buy
08/16/24	UOB Kay Hian	Singtel	3.02	3.58	Buy	DCF
08/16/24	DMG & Partners	Singtel	3.02	3.5	Buy	Sum of parts
08/16/24	Lim & Tan	Singtel	3.02	0	Accumulate
08/19/24	Phillip	Singtel	2.98	3.44	Accumulate	Sum of parts
08/19/24	CIMB	Singtel	3.02	3.4	Add	Sum of parts
09/02/24	Phillip	Singtel	3.13	3.44	Accumulate	Sum of parts
09/05/24	DMG & Partners	Singtel	3.15	3.5	Buy	Sum of parts
09/20/24	Kim Eng	Singtel	3.38	3.45	Buy	Sum of parts
10/11/24	CIMB	Singtel	3.16	3.4	Add	Sum of parts
10/15/24	DMG & Partners	Singtel	3.15	3.5	Buy	Sum of parts
10/16/24	DBS Vickers	Singtel	3.17	3.82	Buy	Sum of parts
10/24/24	CIMB	Singtel	3.18	3.7	Add
10/30/24	Kim Eng	Singtel	3.18	3.7	Buy
11/04/24	Citi Research	Singtel	3.1	3.6	Buy
11/11/24	DBS Vickers	Singtel	3.25	3.82	Buy	Sum of parts
11/12/24	Kim Eng	Singtel	3.2	3.7	Buy
11/13/24	Lim & Tan	Singtel	3.16	3.7	Accumulate
11/14/24	UOB Kay Hian	Singtel	3.19	3.58	Buy	DCF
11/14/24	DMG & Partners	Singtel	3.19	3.6	Buy	Sum of parts
11/14/24	HSBC	Singtel	3.19	3.65	Overweight
11/14/24	CIMB	Singtel	3.19	3.7	Add
11/18/24	Phillip	Singtel	3.16	3.44	Accumulate
11/21/24	Lim & Tan	Singtel	3.13	3.8	Accumulate
12/03/24	Kim Eng	Singtel	3.13	3.65	Buy
12/03/24	DMG & Partners	Singtel	3.13	3.6	Buy
12/04/24	MorningStar	Singtel	3.13	3.46	4-Star	Up from $3.37
01/07/25	DMG & Partners	Singtel	3.08	3.6	Buy
01/10/25	Kim Eng	Singtel	3.08	3.65	Buy
01/20/25	CIMB	Singtel	3.14	3.7	Add
01/21/25	UOB Kay Hian	Singtel	3.15	3.58	Buy	DCF
01/22/25	HSBC	Singtel	3.13	3.7	Buy	Up from $3.65
02/05/25	CIMB	Singtel	3.24	3.7	Add
02/19/25	DBS Vickers	Singtel	3.33	3.82	Buy	Sum of parts
02/19/25	DMG & Partners	Singtel	3.33	3.6	Buy
02/20/25	UOB Kay Hian	Singtel	3.37	3.6	Buy	DCF
02/20/25	Phillip	Singtel	3.37	3.77	Accumulate	EV/Ebitda6x FY25
02/20/25	DBS Vickers	Singtel	3.37	3.93	Buy	Sum of parts
02/20/25	DMG & Partners	Singtel	3.37	3.8	Buy	Sum of parts
02/20/25	Lim & Tan	Singtel	3.37	3.75	Accumulate
02/20/25	Kim Eng	Singtel	3.37	3.72	Buy	Sum of parts
03/28/25	UOB Kay Hian	Singtel	3.4	3.6	Buy	DCF
04/21/25	Kim Eng	Singtel	3.75	3.96	Buy	Sum of parts
04/24/25	DMG & Partners	Singtel	3.76	3.8	Buy	Sum of parts
05/05/25	DBS Vickers	Singtel	3.8	3.93	Buy	Sum of parts (20% disc)
05/14/25	CIMB	Singtel	3.71	4	Hold
05/20/25	DBS Vickers	Singtel	3.79	4.27	Buy	Sum of parts (15% disc)
05/22/25	Lim & Tan	Singtel	3.85	4	Accumulate on weakness
05/23/25	UOB Kay Hian	Singtel	3.95	4.58	Buy	Sum of parts
05/23/25	DBS Vickers	Singtel	3.95	4.4	Buy	Sum of parts
05/26/25	Phillip	Singtel	3.88	4.4	Accumulate	EV/Ebitda7x
05/26/25	DMG & Partners	Singtel	3.88	4.5	Buy
05/26/25	OCBC	Singtel	3.88	4.51	Buy	Up from $4
06/17/25	CIMB	Singtel	3.95	4.1	Hold
06/19/25	DBS Vickers	Singtel	3.97	4.3	Buy	Sum of parts
06/19/25	Kim Eng	Singtel	3.97	4.3	Buy
06/20/25	DBS Vickers	Singtel	3.91	4.58	Buy	EV/Ebitda18.5x
06/20/25	HSBC	Singtel	3.91	4.45	Buy
07/01/25	Lim & Tan	Singtel	3.82	4.4	Accumulate
07/11/25	UOB Kay Hian	Singtel	4.01	4.58	Buy	Sum of parts
07/22/25	DMG & Partners	Singtel	4.15	4.7	Buy
08/06/25	DMG & Partners	Singtel	4	4.7	Buy
08/07/25	Kim Eng	Singtel	4.01	4.3	Buy
08/14/25	UOB Kay Hian	Singtel	4.06	4.56	Buy	Sum of parts
08/14/25	Phillip	Singtel	4.06	4.4	Accumulate	Ev/Ebitda7x
08/14/25	DBS Vickers	Singtel	4.06	4.58	Buy	Sum of parts (15% disc)
08/15/25	Lim & Tan	Singtel	4.07	4.4	Accumulate
08/15/25	DMG & Partners	Singtel	4.07	4.7	Buy
08/22/25	DBS Vickers	Singtel	4.11	5.04	Buy	Sum of parts (10% disc)
09/01/25	Phillip	Singtel	4.31	4.86	Accumulate	Ev/Ebitda8x
09/02/25	CIMB	Singtel	4.33	4.8	Add
09/02/25	HSBC	Singtel	4.33	4.75	Buy
09/08/25	DMG & Partners	Singtel	4.39	4.9	Buy
09/10/25	Kim Eng	Singtel	4.31	4.75	Buy
09/19/25	OCBC	Singtel	4.35	5.1	Buy