Stock calls for 31 October 2025

Date	Analyst	Company	Last	Target	Call	Valuation
10/31/25	Phillip	BRC Asia	4.22	4.1	Neutral	DCF
10/31/25	DBS Vickers	CapitaRetail China	0.79	0.75	Hold	DCF
10/31/25	CIMB	CDL Hospitality	0.82	0.87	Add	DDM
10/31/25	DBS Vickers	Dairy Farm	3.39	3.9	Buy	PER18x FY26
10/31/25	CIMB	Dairy Farm	3.39	4	Add	PER
10/31/25	CIMB	Far East Hospitality	0.615	0.76	Add	DDM
10/31/25	Kim Eng	Ifast Corp	9.72	11.95	Buy	PER29.5x FY26
10/31/25	UOB Kay Hian	Keppel Corp	10.05	11.7	Buy	PER16.8x FY26
10/31/25	CIMB	Keppel Corp	10.05	12.71	Add	PER
10/31/25	Lim & Tan	Keppel Corp	10.05	10.35	Accumulate on weakness
10/31/25	Phillip	Lion-Phillip	0.88	0.965	Accumulate
10/31/25	DBS Vickers	Mapletree Industrial	2.16	2.45	Buy	DCF
10/31/25	Lim & Tan	Mapletree Industrial	2.16	2.29	Accumulate
10/31/25	UOB Kay Hian	Mapletree Logistics	1.35	1.38	Hold	DDM
10/31/25	Phillip	Soilbuild Construction	3.49	3.41	Neutral
10/31/25	DMG & Partners	Suntec Reit	1.35	1.6	Buy
10/31/25	OCBC	Suntec Reit	1.35	1.3	Hold
10/31/25	phillip	Wee Hur	0.725	0.9	Buy	Sum of parts
10/31/25	UOB Kay Hian	Wilmar	3.12	3.5	Buy	Sum of parts
10/31/25	DBS Vickers	Wilmar	3.12	3	Hold	PER11.7x FY26