Stock calls for 25 January 2023

Date	Analyst	Company	Last	Target	Call	Valuation
01/25/23	DBS Vickers	AIMS AMP Cap Ind Reit	1.31	1.4	Buy
01/25/23	Lim & Tan	AIMS AMP Cap Ind Reit	1.31	1.51	Hold
01/25/23	DBS Vickers	Sabana	0.425	0.48	Hold
01/25/23	UOB Kay Hian	SATS	2.93	3.28	Buy	EV/Ebitda9.7x FY25
01/25/23	UOB Kay Hian	Suntec Reit	1.39	1.4	Hold	DDM
01/25/23	Citi Research	Suntec Reit	1.39	1.4	Hold

Baltic dry index - 763

Related stock: Sembcorp Marine, Cosco & Pan Ocean.

US rig count (weekly) - 771

Related stock: Sembcorp Marine & Cosco.

Kim Heng - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
09/20/22	SAC Capital	Kim Heng	0.086	0.1016	Hold	DCF

Keppel Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/26/22	DBS Vickers	Keppel Reit	1.16	1.4	Buy
01/26/22	UOB Kay Hian	Keppel Reit	1.16	1.52	Buy	DDM
01/27/22	DMG & Partners	Keppel Reit	1.16	1.29	Buy
01/27/22	Jefferies	Keppel Reit	1.16	1.33	Buy
01/27/22	Kim Eng	Keppel Reit	1.16	1.05	Hold
01/27/22	Lim & Tan	Keppel Reit	1.16	1.27	Hold
03/14/22	Kim Eng	Keppel Reit	1.2	1.2	Hold
04/21/22	CIMB	Keppel Reit	1.19	1.29	Add
04/21/22	DMG & Partners	Keppel Reit	1.19	1.31	Buy	DDM
04/21/22	Kim Eng	Keppel Reit	1.19	1.3	Buy	DDM
04/21/22	Lim & Tan	Keppel Reit	1.19	1.3	Neutral
04/21/22	Citi Research	Keppel Reit	1.19	1.42	Buy
04/26/22	UOB Kay Hian	Keppel Reit	1.21	1.5	Buy	DDM
06/03/22	UOB Kay Hian	Keppel Reit	1.17	1.41	Buy
07/27/22	UOB Kay Hian	Keppel Reit	1.1	1.41	Buy	DDM
07/27/22	DBS Vickers	Keppel Reit	1.1	1.4	Buy
07/27/22	Kim Eng	Keppel Reit	1.1	1.25	Buy	DDM
07/27/22	DMG & Partners	Keppel Reit	1.1	1.31	Buy	DDM
07/27/22	Lim & Tan	Keppel Reit	1.1	1.26	Neutral
07/29/22	CIMB	Keppel Reit	1.11	1.29	Add
07/29/22	Citi Research	Keppel Reit	1.11	1.42	Buy
09/09/22	Lim & Tan	Keppel Reit	1.1	1.25	Neutral
09/28/22	UOB Kay Hian	Keppel Reit	1.03	1.33	Buy
10/26/22	UOB Kay Hian	Keppel Reit	0.89	1.24	Buy	DDM
10/26/22	DBS Vickers	Keppel Reit	0.89	1.15	Buy
10/26/22	Lim & Tan	Keppel Reit	0.89	0	Accumulate
10/28/22	DMG & Partners	Keppel Reit	0.92	1.15	Buy
10/28/22	Citi Research	Keppel Reit	0.92	1.42	Buy
11/04/22	JPM	Keppel Reit	0.9	0	Underweight
11/04/22	GS	Keppel Reit	0.9	0	Sell
11/28/22	CLSA	Keppel Reit	0.875	0.95	Outperform	cut from $1.32
12/06/22	Kim Eng	Keppel Reit	0.905	1.25	Buy
12/08/22	Lim & Tan	Keppel Reit	0.9	1.08	Buy
01/09/23	UOB Kay Hian	Keppel Reit	0.9	1.17	Buy