Stock calls for 12 August 2024

Date	Analyst	Company	Last	Target	Call	Valuation
08/12/24	UOB Kay Hian	A-Reit	2.65	3.44	Buy	DDM
08/12/24	DBS Vickers	Bumitama	0.715	0.9	Buy	DCF
08/12/24	DMG & Partners	Bumitama	0.715	0.7	Neutral	PER9x FY24
08/12/24	phillip	Cromwell EUR	1.41	1.91	Buy	DDM
08/12/24	DBS Vickers	Daiwa House	0.58	0.75	Buy
08/12/24	Lim & Tan	Daiwa House	0.58	0	Accumulate
08/12/24	DMG & Partners	First Resources	1.38	1.45	Neutral	PER11x FY24
08/12/24	CIMB	Frasers Property	0.785	1.41	Add	RNAV (45% discount)
08/12/24	DMG & Partners	Golden Agri	0.265	0.26	Neutral	Sum of parts
08/12/24	Lim & Tan	Q&M	0.26	0.37	Accumulate
08/12/24	phillip	Sasseur	0.67	0.87	Buy	DDM
08/12/24	phillip	Sembcorp Industries	4.75	6.27	Buy	EV/Ebitda8x FY24
08/12/24	Kim Eng	Sembcorp Industries	4.75	5.5	Buy
08/12/24	phillip	SGX	9.82	10.78	Accumulate	PER18.6x FY25
08/12/24	DBS Vickers	SGX	9.82	10.2	Hold
08/12/24	DMG & Partners	SGX	9.82	10.8	Neutral	PER21x
08/12/24	Phillip	Thai Beverage	0.5	0.63	Buy	PER16x FY24
08/12/24	DMG & Partners	Wilmar	3.07	3.3	Neutral	Sum of parts

Baltic dry index - 1670

Related stock: Seatrium, Cosco & Pan Ocean.

US rig count (weekly) - 588

Related stock: Seatrium & Cosco.

KSH - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/31/24	Lim & Tan	KSH	0.24	0	Accumulate on weakness

Kimly - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/31/23	UOB Kay Hian	Kimly	0.34	0.36	Hold	PER12.5x FY23
05/31/23	CIMB	Kimly	0.34	0.37	Hold
12/04/23	CIMB	Kimly	0.31	0.36	Hold	PER13x FY24
12/15/23	UOB Kay Hian	Kimly	0.315	0.36	Hold	PER12x FY24
01/22/24	DMG & Partners	Kimly	0.325	0.38	Buy
02/19/24	DMG & Partners	Kimly	0.31	0.38	Buy
04/11/24	CIMB	Kimly	0.305	0.36	Hold	PER13x FY24
04/25/24	DMG & Partners	Kimly	0.305	0.38	Buy
05/13/24	CIMB	Kimly	0.31	0.34	Hold
07/22/24	UOB Kay Hian	Kimly	0.31	0.35	Hold