Suntec - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/26/24	DMG & Partners	Suntec Reit	1.06	1.35	Buy
07/09/24	DBS Vickers	Suntec Reit	1.08	1.15	Hold
07/22/24	Phillip	Suntec Reit	1.07	1.41	Buy	DDM
07/29/24	Kim Eng	Suntec Reit	1.18	1.1	Hold
07/29/24	CIMB	Suntec Reit	1.18	1.22	Hold
08/30/24	DMG & Partners	Suntec Reit	1.23	1.35	Buy
09/23/24	OCBC	Suntec Reit	1.33	1.19	Sell
10/08/24	Lim & Tan	Suntec Reit	1.31	0	Accumulate
10/15/24	DMG & Partners	Suntec Reit	1.27	1.35	Buy	DDM
10/28/24	Phillip	Suntec Reit	1.23	1.36	Accumulate	DDM
10/29/24	CIMB	Suntec Reit	1.23	1.38	Hold
10/29/24	OCBC	Suntec Reit	1.23	1.19	Hold
10/30/24	UOB Kay Hian	Suntec Reit	1.21	1.18	Hold	DDM
11/25/24	Phillip	Suntec Reit	1.14	1.36	Accumulate	DDM
11/29/24	Kim Eng	Suntec Reit	1.15	1.15	Hold
12/06/24	Lim & Tan	Suntec Reit	1.17	1.24	Reject Offer	Offer @ $1.16
12/06/24	DMG & Partners	Suntec Reit	1.17	1.35	Reject Offer	Offer @ $1.16
12/09/24	MorningStar	Suntec Reit	1.23	1.38	Reject Offer	Offer @ $1.16
01/02/25	UOB Kay Hian	Suntec Reit	1.17	1.18	Hold	DDM
01/09/25	Lim & Tan	Suntec Reit	1.19	1.24	Hold	NAV $2.07
01/10/25	DMG & Partners	Suntec Reit	1.21	1.35	Buy	Reject Offer
01/10/25	MorningStar	Suntec Reit	1.21	1.39	Reject Offer	Offer @ $1.19
01/24/25	Lim & Tan	Suntec Reit	1.21	1.19	Hold	NAV $2.05
01/28/25	CIMB	Suntec Reit	1.2	1.33	Hold
02/10/25	Phillip	Suntec Reit	1.17	1.33	Accumulate	DDM
02/12/25	OCBC	Suntec Reit	1.14	1.14	Hold
03/06/25	UOB Kay Hian	Suntec Reit	1.12	1.18	Hold	DDM
04/01/25	UOB Kay Hian	Suntec Reit	1.18	1.18	Hold	DDM
04/25/25	DBS Vickers	Suntec Reit	1.16	1.15	Hold
04/25/25	Lim & Tan	Suntec Reit	1.16	1.25	Hold
04/28/25	Phillip	Suntec Reit	1.15	1.33	Buy	DDM
04/29/25	CIMB	Suntec Reit	1.14	1.26	Hold
04/29/25	CIMB	Suntec Reit	1.14	1.17	Hold
05/21/25	UOB Kay Hian	Suntec Reit	1.13	1.18	Hold	DDM
06/16/25	DMG & Partners	Suntec Reit	1.14	1.35	Buy
06/23/25	Phillip	Suntec Reit	1.12	1.33	Buy	DDM
06/27/25	UOB Kay Hian	Suntec Reit	1.13	1.3	Hold	DDM
07/25/25	DBS Vickers	Suntec Reit	1.18	1.15	Hold
07/25/25	Lim & Tan	Suntec Reit	1.18	1.22	Hold
07/28/25	Phillip	Suntec Reit	1.19	1.36	Buy	DDM
08/01/25	UOB Kay Hian	Suntec Reit	1.16	1.31	Hold	DDM
08/07/25	DBS Vickers	Suntec Reit	1.2	1.4	Buy
08/21/25	JPM	Suntec Reit	1.23	1.45	Overweight
09/01/25	UOB Kay Hian	Suntec Reit	1.32	1.31	Hold	DDM
09/05/25	DBS Vickers	Suntec Reit	1.3	1.4	Buy
09/09/25	DMG & Partners	Suntec Reit	1.35	1.48	Buy

Stoneweg Reit SGD - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/24/25	Lim & Tan	Stoneweg Reit SGD	2.12	2.64	Accumulate	SGD
07/09/25	Lim & Tan	Stoneweg Reit SGD	2.28	2.75	Accumulate	SGD

Stock calls for 24 September 2025

Date	Analyst	Company	Last	Target	Call	Valuation
09/24/25	DMG & Partners	CDL Hospitality	0.815	0.88	Neutral	DDM
09/24/25	Lim & Tan	Isoteam	0.084	0.11	Accumulate
09/24/25	Lim & Tan	Keppel Corp	8.91	10	Accumulate
09/24/25	UOB Kay Hian	Keppel DC Reit	2.39	2.69	Buy	DDM
09/24/25	DBS Vickers	Seatrium	2.37	2.96	Buy	PB1.5x FY25
09/24/25	CIMB	Seatrium	2.37	2.8	Add	PB

China has just presented evidence to show that the US is a liar and Philippines is a robber in South China Sea!

https://www.globaltimes.cn/page/202509/1344216.shtml

We've also conducted our due diligence on SCS and posted our analyses about this.

https://sg-stock.blogspot.com/2024/04/philippines-president-marcos-created.html

Our former minister, George Yeo, also stated very clearly that SCS belonged to China.

https://sg-stock.blogspot.com/2024/06/former-foreign-minister-george-yeo.html

Stoneweg Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/03/25	Phillip	Stoneweg Reit	1.57	1.95	Buy
01/10/25	DMG & Partners	Stoneweg Reit	1.59	1.9	Buy
02/17/25	Phillip	Stoneweg Reit	1.57	1.95	Buy
02/18/25	DBS Vickers	Stoneweg Reit	1.57	1.85	Buy	DCF
03/13/25	Phillip	Stoneweg Reit	1.38	1.86	Buy	DDM
04/21/25	Phillip	Stoneweg Reit	1.42	1.86	Buy	DDM
05/02/25	Phillip	Stoneweg Reit	1.5	1.86	Buy	DDM
06/23/25	Phillip	Stoneweg Reit	1.52	1.86	Buy	DDM
06/25/25	CIMB	Stoneweg Reit	1.55	1.93	Add
06/26/25	DMG & Partners	Stoneweg Reit	1.56	1.9	Buy
08/18/25	Phillip	Stoneweg Reit	1.59	1.86	Buy	DDM
09/22/25	Phillip	Stoneweg Reit	1.55	1.86	Buy	DDM

Starhub - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/15/24	DBS Vickers	Starhub	1.29	1.54	Buy	DCF
08/15/24	UOB Kay Hian	Starhub	1.29	1.41	Buy	DCF
08/15/24	DMG & Partners	Starhub	1.29	1.18	Neutral	DCF
08/19/24	Phillip	Starhub	1.28	1.29	Neutral	EV/Ebitda6.5x FY24
10/11/24	CIMB	Starhub	1.2	1.4	Add	DCF
10/16/24	DBS Vickers	Starhub	1.2	1.54	Buy	DCF
10/29/24	Kim Eng	Starhub	1.21	1.3	Hold
11/07/24	Macquarie	Starhub	1.2	1.3	Outperform
11/14/24	UOB Kay Hian	Starhub	1.19	1.41	Buy	DCF
11/14/24	DBS Vickers	Starhub	1.19	1.54	Buy
11/14/24	DMG & Partners	Starhub	1.19	1.18	Neutral	DCF
11/15/24	Phillip	Starhub	1.2	1.29	Accumulate	EV/Ebitda6.5x FY24
12/03/24	DMG & Partners	Starhub	1.23	1.18	Neutral	DCF
01/07/25	DMG & Partners	Starhub	1.23	1.18	Neutral	DCF
02/24/25	DBS Vickers	Starhub	1.24	1.46	Buy	DCF
02/24/25	Citi Research	Starhub	1.24	1.43	Buy	EV/Ebitda7.2x FY25
02/24/25	DMG & Partners	Starhub	1.24	1.14	Neutral	DCF
02/25/25	UOB Kay Hian	Starhub	1.23	1.26	Hold	DCF
02/25/25	CIMB	Starhub	1.23	1.3	Hold	DCF
03/28/25	UOB Kay Hian	Starhub	1.18	1.26	Buy	DCF
05/13/25	DBS Vickers	Starhub	1.17	1.38	Buy	DCF
05/13/25	Phillip	Starhub	1.17	1.08	Neutral	EV/Ebitda6x FY25
05/13/25	UOB Kay Hian	Starhub	1.17	1.26	Buy	DCF
05/13/25	Citi Research	Starhub	1.17	1.43	Buy	EV/Ebitda7.2x FY25
07/08/25	Kim Eng	Starhub	1.18	1.17	Hold
07/08/25	DMG & Partners	Starhub	1.18	1.14	Neutral	DCF
08/07/25	DBS Vickers	Starhub	1.23	1.2	Hold	Sum of parts
08/13/25	DMG & Partners	Starhub	1.18	1.14	Neutral	DCF
08/15/25	DBS Vickers	Starhub	1.17	1.19	Hold	Sum of parts
08/15/25	CIMB	Starhub	1.17	1.19	Hold	GGM
08/21/25	Phillip	Starhub	1.16	1.08	Neutral	EV/Ebitda6x FY25
09/03/25	Kim Eng	Starhub	1.14	1.35	Buy	DCF

Starhill - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/26/24	DMG & Partners	Starhill	0.485	0.58	Buy
07/30/24	DBS Vickers	Starhill	0.49	0.68	Buy
07/31/24	OCBC	Starhill	0.485	0.5	Buy
08/08/24	DBS Vickers	Starhill	0.475	0.68	Buy
08/27/24	DMG & Partners	Starhill	0.5	0.57	Buy	DDM
09/19/24	DBS Vickers	Starhill	0.535	0.68	Buy
10/30/24	DBS Vickers	Starhill	0.505	0.68	Buy
11/04/24	OCBC	Starhill	0.505	0.55	Buy
01/10/25	DMG & Partners	Starhill	0.5	0.57	Buy	DDM
01/24/25	DBS Vickers	Starhill	0.5	0.68	Buy
02/03/25	OCBC	Starhill	0.51	0.5	Buy
04/01/25	DMG & Partners	Starhill	0.5	0.57	Buy	DDM
04/11/25	OCBC	Starhill	0.47	0.46	Buy
04/30/25	DBS Vickers	Starhill	0.495	0.68	Buy
07/30/25	DBS Vickers	Starhill	0.545	0.68	Buy	DCF
07/30/25	DMG & Partners	Starhill	0.545	0.55	Buy
08/04/25	OCBC	Starhill	0.545	0.51	Hold
08/28/25	DMG & Partners	Starhill	0.545	0.6	Buy

Stock calls for 23 September 2025

Date	Analyst	Company	Last	Target	Call	Valuation
09/23/25	Amfrasers	AEM	1.92	2	Buy
09/23/25	DBS Vickers	Dairy Farm	3.22	3.9	Buy	PER18x FY26
09/23/25	UOB Kay Hian	Keppel DC Reit	2.37	2.64	Buy	DDM
09/23/25	Lim & Tan	Keppel DC Reit	2.37	2.51	Accumulate
09/23/25	Lim & Tan	Keppel Infrastructure	0.46	0.48	Accumulate on weakness
09/23/25	DBS Vickers	Lendlease Reit	0.615	0.75	Buy	DCF
09/23/25	JPM	Seatrium	2.34	3.05	Overweight
09/23/25	DMG & Partners	ST Engineering	8.53	9.1	Buy