Stock calls for 2 August 2022

Date	Analyst	Company	Last	Target	Call	Valuation
08/02/22	UOB Kay Hian	ART	1.16	1.35	Buy	DDM
08/02/22	OCBC	ART	1.16	1.29	Buy
08/02/22	DBS Vickers	Ascendas India Trust	1.2	1.7	Buy	DDM
08/02/22	Citi Research	Capitaland Integrated Commercial Trust	2.19	2.35	Buy
08/02/22	Kim Eng	Capitaland Integrated Commercial Trust	2.19	2.55	Buy
08/02/22	OCBC	Capitaland Integrated Commercial Trust	2.19	2.42	Buy
08/02/22	UOB Kay Hian	CDL Hospitality	1.31	1.54	Buy	DDM
08/02/22	DBS Vickers	CDL Hospitality	1.31	1.55	Buy
08/02/22	UOB Kay Hian	Far East Hospitality	0.64	0.83	Buy
08/02/22	OCBC	Keppel Corp	6.96	8.78	Buy
08/02/22	UOB Kay Hian	Keppel Corp	6.96	10.11	Buy
08/02/22	CIMB	Mapletree Commercial	1.93	2.18	Add	DDM
08/02/22	CIMB	OUE Commercial	0.38	0.39	Hold
08/02/22	UOB Kay Hian	Raffles Medical	1.2	1.42	Buy	PER24.5x
08/02/22	DBS Vickers	Raffles Medical	1.2	1.64	Buy	PER26x
08/02/22	Kim Eng	Raffles Medical	1.2	1.42	Buy
08/02/22	DMG & Partners	Raffles Medical	1.2	1.65	Buy	DCF
08/02/22	Lim & Tan	Raffles Medical	1.2	0	Accumulate
08/02/22	OCBC	SIA	5.42	5.84	Hold
08/02/22	Lim & Tan	Singtel	2.64	0	Accumulate

Roxy Pacific - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
09/20/21	Lim & Tan	Roxy Pacific	0.405	0.485	Accept offer	offer price $0.485

Riverstone - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/29/21	DMG & Partners	Riverstone	1.27	1.3	Neutral	DCF
08/06/21	DMG & Partners	Riverstone	1.21	1.3	Neutral
08/10/21	CIMB	Riverstone	1.27	1.4	Add	PER17x CY23
08/10/21	DBS Vickers	Riverstone	1.27	1.77	Buy	PER10x FY22
08/13/21	UOB Kay Hian	Riverstone	1.26	1.32	Hold	PER9.6x FY22
09/28/21	DMG & Partners	Riverstone	0.905	0.95	Neutral
09/29/21	DBS Vickers	Riverstone	0.9	1.77	Buy
10/04/21	DBS Vickers	Riverstone	0.885	1.28	Buy	PER10x FY22/23
11/10/21	DBS Vickers	Riverstone	0.78	1.28	Buy	PER10x FY22/23
11/11/21	DBS Vickers	Riverstone	0.79	1.2	Buy	PER10x FY22/23
11/11/21	DMG & Partners	Riverstone	0.79	0.65	Sell
11/12/21	CIMB	Riverstone	0.77	1.2	Add
11/12/21	UOB Kay Hian	Riverstone	0.77	0.68	Hold
02/24/22	CIMB	Riverstone	0.825	1.1	Add
02/24/22	DBS Vickers	Riverstone	0.825	0.97	Buy	PER10x
02/24/22	DMG & Partners	Riverstone	0.825	0.74	Neutral	PER16x FY23
02/24/22	UOB Kay Hian	Riverstone	0.825	0.82	Hold
05/12/22	UOB Kay Hian	Riverstone	0.755	0.8	Hold	PER9.2x FY22
05/12/22	DBS Vickers	Riverstone	0.755	0.82	Hold	PER8.5x FY22/23
05/12/22	CIMB	Riverstone	0.755	1.1	Add