Genting - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/04/24	UOB Kay Hian	Genting	0.83	1.25	Buy
07/25/24	CIMB	Genting	0.85	1.3	Add
08/15/24	DBS Vickers	Genting	0.815	1.05	Buy	EV/Ebitda8x FY24/25
08/15/24	UOB Kay Hian	Genting	0.815	1.18	Buy
08/15/24	Citi Research	Genting	0.815	1.14	Buy	Sum of parts
09/03/24	UOB Kay Hian	Genting	0.82	1.18	Buy	EV/Ebitda9x FY24
09/03/24	CIMB	Genting	0.82	1.21	Add
10/24/24	Citi Research	Genting	0.835	1.14	Buy	Sum of parts
11/08/24	UOB Kay Hian	Genting	0.84	1.12	Buy	EV/Ebitda9.3x FY25
11/08/24	DBS Vickers	Genting	0.84	1.05	Buy
11/11/24	DBS Vickers	Genting	0.79	0.95	Buy	Sum of parts
11/12/24	CIMB	Genting	0.78	1.05	Add
01/02/25	UOB Kay Hian	Genting	0.765	1.12	Buy	EV/Ebitda9.3x FY25
02/03/25	CIMB	Genting	0.755	1.05	Add	EV/Ebitda
02/21/25	UOB Kay Hian	Genting	0.775	1.12	Buy	EV/Ebitda9.3x FY25
02/21/25	DBS Vickers	Genting	0.775	0.95	Buy	Sum of parts
04/24/25	DBS Vickers	Genting	0.735	0.95	Buy	Sum of parts
04/25/25	CIMB	Genting	0.75	1.05	Add	EV/Ebitda8x
04/25/25	Citi Research	Genting	0.75	1.14	Buy	Sum of parts
05/15/25	UOB Kay Hian	Genting	0.735	0.9	Buy	EV/Ebitda8x FY25
05/16/25	DBS Vickers	Genting	0.715	0.9	Buy	DCF & EV/Ebitda6.5x FY25
07/10/25	DBS Vickers	Genting	0.74	0.8	Hold	DCF & EV/Ebitda5.3x FY26
07/10/25	CIMB	Genting	0.74	1.05	Add	EV/Ebitda8x
08/04/25	DBS Vickers	Genting	0.735	0.8	Hold	DCF & EV/Ebitda5.3x FY26
08/08/25	UOB Kay Hian	Genting	0.755	0.89	Hold	EV/Ebitda8x FY26

Frencken - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/06/24	OCBC	Frencken	1.53	1.74	Buy
07/08/24	DBS Vickers	Frencken	1.66	1.9	Buy	PER17x
08/01/24	DBS Vickers	Frencken	1.3	1.9	Buy	PER17x
08/08/24	Kim Eng	Frencken	1.27	1.77	Buy
08/19/24	DBS Vickers	Frencken	1.4	1.77	Buy	PER15x FY25
08/19/24	UOB Kay Hian	Frencken	1.4	1.74	Buy
08/26/24	DMG & Partners	Frencken	1.37	1.71	Buy	PER16x FY24/25
10/07/24	DBS Vickers	Frencken	1.35	1.77	Buy	PER15x FY25
10/15/24	UOB Kay Hian	Frencken	1.27	1.74	Buy	PER17x FY24
10/15/24	Kim Eng	Frencken	1.27	1.54	Buy
11/04/24	CIMB	Frencken	1.16	1.55	Add
11/20/24	UOB Kay Hian	Frencken	1.2	1.31	Buy	PER14x FY25
11/20/24	Lim & Tan	Frencken	1.2	1.66	Accumulate on weakness
11/21/24	DBS Vickers	Frencken	1.24	1.47	Buy	PER15x FY25
11/21/24	CIMB	Frencken	1.24	1.38	Add
11/21/24	Kim Eng	Frencken	1.24	1.5	Buy
11/22/24	DMG & Partners	Frencken	1.21	1.71	Buy	PER16x FY24/25
12/16/24	DMG & Partners	Frencken	1.17	1.71	Buy	PER16x FY24/25
01/20/25	DBS Vickers	Frencken	1.12	1.47	Buy	PER15x FY25
02/19/25	DMG & Partners	Frencken	1.14	1.71	Buy	PER16x FY24/25
02/28/25	DBS Vickers	Frencken	1.05	1.48	Buy	PER15x FY25
03/03/25	UOB Kay Hian	Frencken	1.04	1.16	Buy	PER12.5x FY25
03/06/25	CIMB	Frencken	1.08	1.4	Add
03/13/25	Kim Eng	Frencken	1.07	1.34	Buy	PER12x FY25/26
04/11/25	DBS Vickers	Frencken	0.955	1.48	Buy	PER15x FY25
04/22/25	UOB Kay Hian	Frencken	0.965	1.16	Buy	PER12.5x FY25
04/24/25	CIMB	Frencken	1.05	1.15	Add
05/21/25	DBS Vickers	Frencken	1.14	1.48	Buy	PER15x FY25
05/22/25	UOB Kay Hian	Frencken	1.13	1.4	Buy	PER15x FY25
05/22/25	CIMB	Frencken	1.13	1.27	Add
06/03/25	UOB Kay Hian	Frencken	1.14	1.4	Buy	PER15x FY25
06/11/25	Kim Eng	Frencken	1.15	1.34	Buy	PER12x FY25/26
06/11/25	DMG & Partners	Frencken	1.15	1.48	Buy
07/11/25	Phillip	Frencken	1.29	1.76	Buy	PER18x FY25
07/21/25	Kim Eng	Frencken	1.45	1.75	Buy
07/25/25	DBS Vickers	Frencken	1.62	2.03	Buy	PER20x FY25/26
07/28/25	CIMB	Frencken	1.67	1.91	Add	PER
08/05/25	UOB Kay Hian	Frencken	1.67	2.08	Buy	PER21x FY26

Frasers Property - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/12/24	CIMB	Frasers Property	0.785	1.41	Add	RNAV (45% discount)
11/19/24	Lim & Tan	Frasers Property	0.925	1.31	Accumulate
05/13/25	CIMB	Frasers Property	0.815	1.41	Add	RNAV (45% discount)

Stock calls for 12 August 2025

Date	Analyst	Company	Last	Target	Call	Valuation
08/12/25	Lim & Tan	APAC Realty	0.705	0.8	Accumulate
08/12/25	DBS Vickers	Bumitama	0.84	1.3	Buy	DCF
08/12/25	OCBC	Bumitama	0.84	1.05	Buy
08/12/25	phillip	Ever Gloy Uinited Holdings	0.57	0.81	Buy	PER
08/12/25	DBS Vickers	First Resources	1.57	2	Buy
08/12/25	CIMB	Info-Tech System	0.83	1.1	Add	PER
08/12/25	UOB Kay Hian	Keppel Corp	8.58	10.46	Buy	Sum of parts
08/12/25	Phillip	Keppel Corp	8.58	10.7	Buy	Sum of parts
08/12/25	Lim & Tan	Keppel Corp	8.58	9.7	Accumulate
08/12/25	DBS Vickers	Wilmar	2.97	3.8	Buy

Frasers Logistics - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/04/24	UOB Kay Hian	Frasers Logistics	0.99	1.55	Buy	DDM
08/01/24	DBS Vickers	Frasers Logistics	0.99	1.44	Buy
08/01/24	Citi Research	Frasers Logistics	0.99	1.24	Buy
08/22/24	UOB Kay Hian	Frasers Logistics	1.03	1.4	Buy
09/02/24	CIMB	Frasers Logistics	1.09	1.27	Add	DDM
10/18/24	DBS Vickers	Frasers Logistics	1.12	1.44	Buy
10/18/24	CIMB	Frasers Logistics	1.12	1.35	Add	DDM
11/07/24	UOB Kay Hian	Frasers Logistics	1.05	1.44	Buy	DDM
11/07/24	DBS Vickers	Frasers Logistics	1.05	1.3	Buy	DCF
11/11/24	OCBC	Frasers Logistics	1	1.28	Buy
11/11/24	Citi Research	Frasers Logistics	1	1.16	Buy
12/19/24	OCBC	Frasers Logistics	0.88	1.28	Buy
01/02/25	UOB Kay Hian	Frasers Logistics	0.88	1.33	Buy	DDM
01/02/25	JPM	Frasers Logistics	0.88	0.85	Underweight
02/05/25	DBS Vickers	Frasers Logistics	0.88	1.3	Buy	DCF
02/06/25	CIMB	Frasers Logistics	0.89	1.35	Add	DDM
02/10/25	UOB Kay Hian	Frasers Logistics	0.885	1.26	Buy	DDM
03/06/25	UOB Kay Hian	Frasers Logistics	0.85	1.26	Buy	DDM
03/06/25	OCBC	Frasers Logistics	0.85	1.14	Buy
04/01/25	UOB Kay Hian	Frasers Logistics	0.915	1.26	Buy	DDM
04/16/25	DBS Vickers	Frasers Logistics	0.87	1.1	Buy	DCF
05/07/25	DBS Vickers	Frasers Logistics	0.905	1.1	Buy	DCF
05/08/25	DBS Vickers	Frasers Logistics	0.865	1.05	Buy	DCF
05/08/25	CIMB	Frasers Logistics	0.865	1.11	Add	DDM
05/08/25	Lim & Tan	Frasers Logistics	0.865	1.06	Accumulate
05/08/25	OCBC	Frasers Logistics	0.865	1.07	Buy
05/13/25	JPM	Frasers Logistics	0.835	0.8	Underweight
05/16/25	UOB Kay Hian	Frasers Logistics	0.825	1.1	Buy	DDM
06/27/25	UOB Kay Hian	Frasers Logistics	0.835	1.23	Buy	DDM
07/17/25	DBS Vickers	Frasers Logistics	0.855	1.05	Buy	DCF
07/17/25	Lim & Tan	Frasers Logistics	0.855	1	Accumulate
08/01/25	UOB Kay Hian	Frasers Logistics	0.88	1.23	Buy	DDM
08/01/25	DBS Vickers	Frasers Logistics	0.88	1.05	Buy	DCF
08/05/25	UOB Kay Hian	Frasers Logistics	0.87	1.15	Buy	DDM

Frasers Hospitality Trust - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/29/24	Kim Eng	Frasers Hospitality Trust	0.42	0.51	Buy
08/05/24	DBS Vickers	Frasers Hospitality Trust	0.46	0.62	Buy	DCF
11/12/24	DBS Vickers	Frasers Hospitality Trust	0.425	0.62	Buy	DCF
11/12/24	Lim & Tan	Frasers Hospitality Trust	0.425	0.7	Accumulate	Previous offer price $0.70
11/13/24	DBS Vickers	Frasers Hospitality Trust	0.43	0.45	Hold	DCF
05/06/25	DBS Vickers	Frasers Hospitality Trust	0.65	0.7	Buy	Previous offer price $0.70
05/06/25	Lim & Tan	Frasers Hospitality Trust	0.65	0.66	Accumulate