Frencken - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
10/15/20	DMG & Partners	Frencken	1.07	1.16	Buy	DCF
10/15/20	CIMB	Frencken	1.07	1.25	Add
11/13/20	Lim & Tan	Frencken	0.97	0	Buy
11/13/20	DMG & Partners	Frencken	0.97	1.22	Buy
11/13/20	CIMB	Frencken	0.97	1.27	Add
11/13/20	Kim Eng	Frencken	0.97	1.39	Buy	PB1.6x FY21
11/13/20	DBS Vickers	Frencken	0.97	1.51	Buy	PER13.2x FY21
11/17/20	UOB Kay Hian	Frencken	1.05	1.42	Buy
12/23/20	Kim Eng	Frencken	1.2	1.39	Buy	PB1.6x FY21
12/23/20	CIMB	Frencken	1.2	1.39	Add
12/24/20	DMG & Partners	Frencken	1.24	1.37	Buy
01/06/21	DBS Vickers	Frencken	1.32	1.51	Buy
01/13/21	Kim Eng	Frencken	1.34	1.39	Buy
02/26/21	DBS Vickers	Frencken	1.26	1.55	Buy
02/26/21	Kim Eng	Frencken	1.26	1.39	Buy	PB1.6x FY21
03/02/21	CIMB	Frencken	1.27	1.4	Add
03/02/21	Kim Eng	Frencken	1.27	1.39	Buy	PB1.6x FY21
03/09/21	UOB Kay Hian	Frencken	1.2	1.72	Buy
03/09/21	Lim & Tan	Frencken	1.2	0	Accumulate on weakness
03/10/21	DMG & Partners	Frencken	1.26	1.52	Buy
03/15/21	Kim Eng	Frencken	1.39	1.74	Buy	PER14.5x FY21
04/14/21	DMG & Partners	Frencken	1.59	1.77	Buy	PER14x
05/14/21	Kim Eng	Frencken	1.42	1.73	Buy
05/14/21	UOB Kay Hian	Frencken	1.42	1.72	Buy
05/14/21	DBS Vickers	Frencken	1.42	1.98	Buy	PER14.7x FY21
05/18/21	Lim & Tan	Frencken	1.51	0	Accumulate on weakness
05/31/21	Kim Eng	Frencken	1.77	2	Buy
06/15/21	DBS Vickers	Frencken	1.7	1.98	Buy
06/22/21	UOB Kay Hian	Frencken	1.69	2.13	Buy
07/05/21	Kim Eng	Frencken	1.84	2	Buy
07/14/21	DMG & Partners	Frencken	1.8	2.02	Buy	PER15.2x FY21
08/04/21	UOB Kay Hian	Frencken	1.92	2.13	Buy
08/05/21	CIMB	Frencken	1.91	2.38	Add	PER15.3x FY22
08/13/21	DBS Vickers	Frencken	2.16	2.65	Buy	PER15.5x FY22
08/13/21	DMG & Partners	Frencken	2.16	2.3	Buy
08/17/21	CIMB	Frencken	2.25	2.5	Add
08/24/21	UOB Kay Hian	Frencken	2.16	2.52	Buy	PER16x
08/26/21	Kim Eng	Frencken	2.17	2.63	Buy	PER15.5x FY22
09/08/21	DBS Vickers	Frencken	2.33	2.65	Buy
09/08/21	Lim & Tan	Frencken	2.33	2.57	Hold
09/15/21	UOB Kay Hian	Frencken	2.32	2.62	Buy

Stock calls for 21 September 2021

Date	Analyst	Company	Last	Target	Call	Valuation
09/21/21	UOB Kay Hian	BRC Asia	1.48	1.76	Buy
09/21/21	UOB Kay Hian	Capitaland Investment	2.95	3.64	Buy	Sum of parts
09/21/21	Phillip	First Sponsor	1.36	1.65	Buy	RNAV (30% discount)
09/21/21	DMG & Partners	Raffles Medical	1.39	1.45	Buy
09/21/21	UOB Kay Hian	Top Glove	0.91	1.19	Buy	Ringgit target $3.06, Cut from $3.70

Frasers Property - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
11/11/20	Lim & Tan	Frasers Property	1.14	0	Accumulate
11/12/20	CIMB	Frasers Property	1.15	1.7	Add
02/09/21	CIMB	Frasers Property	1.21	1.7	Add
02/15/21	CIMB	Frasers Property	1.25	1.41	Add	RNAV (45% discount)
08/10/21	Lim & Tan	Frasers Property	1.13	0	Accumulate
09/14/21	DBS Vickers	Frasers Property	1.14	1.7	Buy