Sarine - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/11/22	DBS Vickers	Sarine	0.515	0.45	Fully Valued	PER15.5x FY22
05/19/22	DBS Vickers	Sarine	0.46	0.5	Hold	PER12.5x FY22
08/12/22	DBS Vickers	Sarine	0.395	0.5	Buy
09/15/22	DBS Vickers	Sarine	0.37	0.5	Buy
11/15/22	DBS Vickers	Sarine	0.4	0.47	Buy	PER11x FY23

Sabana - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/20/22	DBS Vickers	Sabana	0.45	0.49	Buy
01/20/22	Lim & Tan	Sabana	0.45	0	Hold
01/21/22	DBS Vickers	Sabana	0.455	0.48	Buy	DCF
07/21/22	Lim & Tan	Sabana	0.445	0.48	Buy
10/20/22	DBS Vickers	Sabana	0.405	0.48	Hold
01/25/23	DBS Vickers	Sabana	0.425	0.48	Hold

Riverstone - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/24/22	CIMB	Riverstone	0.825	1.1	Add
02/24/22	DBS Vickers	Riverstone	0.825	0.97	Buy	PER10x
02/24/22	DMG & Partners	Riverstone	0.825	0.74	Neutral	PER16x FY23
02/24/22	UOB Kay Hian	Riverstone	0.825	0.82	Hold
05/12/22	UOB Kay Hian	Riverstone	0.755	0.8	Hold	PER9.2x FY22
05/12/22	DBS Vickers	Riverstone	0.755	0.82	Hold	PER8.5x FY22/23
05/12/22	CIMB	Riverstone	0.755	1.1	Add
08/15/22	CIMB	Riverstone	0.755	0.8	Hold	PER17x FY23
08/17/22	UOB Kay Hian	Riverstone	0.715	0.67	Hold	PER8x FY22
12/06/22	UOB Kay Hian	Riverstone	0.64	0.67	Hold

Stock calls for 9 February 2023

Date	Analyst	Company	Last	Target	Call	Valuation
02/09/23	Phillip	ART	1.1	1.26	Buy	DDM
02/09/23	DBS Vickers	BRC Asia	1.86	2.22	Buy
02/09/23	Lim & Tan	BRC Asia	1.86	0	Hold
02/09/23	Lim & Tan	Chip Eng Seng	0.75	0.75	Accept Offer	Offer @ $0.75
02/09/23	UOB Kay Hian	Dairy Farm	3.22	3.9	Buy	PER30x FY23
02/09/23	DBS Vickers	Prime US Reit	0.525	0.65	Buy
02/09/23	DMG & Partners	Prime US Reit	0.525	0.67	Buy	DDM
02/09/23	DBS Vickers	SGX	9.15	10.2	Hold
02/09/23	OCBC	SGX	9.15	10.2	Buy
02/09/23	Lim & Tan	SGX	9.15	9.54	Hold
02/09/23	DBS Vickers	Singtel	2.55	3.18	Buy
02/09/23	CIMB	ST Engineering	3.7	4	Add
02/09/23	Phillip	Starhub	1.04	1.08	Hold

Rex - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/14/22	Amfrasers	Rex	0.39	0.5	Outperform
03/08/22	UOB Kay Hian	Rex	0.48	0.58	Buy	Sum of parts, PB1x FY22
03/11/22	Amfrasers	Rex	0.39	0.54	Outperform	DCF
06/29/22	Lim & Tan	Rex	0.285	0.5	Buy
07/05/22	UOB Kay Hian	Rex	0.265	0.45	Buy	Sum of parts