APAC Realty - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/10/22	DBS Vickers	APAC Realty	0.685	0.67	Hold
08/10/22	Lim & Tan	APAC Realty	0.685	0.79	Accumulate on weakness
08/11/22	CIMB	APAC Realty	0.705	0.84	Add
08/11/22	DMG & Partners	APAC Realty	0.705	0.75	Neutral	DCF
09/12/22	DMG & Partners	APAC Realty	0.635	0.75	Neutral
10/03/22	DBS Vickers	APAC Realty	0.59	0.41	Fully Valued	PER10x FY23
10/03/22	DMG & Partners	APAC Realty	0.59	0.75	Neutral
10/04/22	CIMB	APAC Realty	0.58	0.77	Add
10/18/22	DMG & Partners	APAC Realty	0.565	0.6	Neutral	DCF
11/10/22	DBS Vickers	APAC Realty	0.565	0.41	Fully Valued
11/11/22	DBS Vickers	APAC Realty	0.56	0.59	Hold	PER9x FY23
01/11/23	CIMB	APAC Realty	0.595	0.77	Add	DCF & PER
01/18/23	DMG & Partners	APAC Realty	0.595	0.6	Neutral
01/18/23	DBS Vickers	APAC Realty	0.595	0.59	Hold
03/09/23	DBS Vickers	APAC Realty	0.625	0.63	Hold	PER8.5x FY23
03/09/23	CIMB	APAC Realty	0.625	0.77	Add
04/06/23	DMG & Partners	APAC Realty	0.655	0.6	Neutral
05/15/23	DBS Vickers	APAC Realty	0.625	0.57	Hold	PER9.5x FY23/24
08/15/23	DBS Vickers	APAC Realty	0.585	0.57	Hold
08/16/23	DBS Vickers	APAC Realty	0.57	0.54	Hold	PER11x FY24
08/16/23	CIMB	APAC Realty	0.57	0.7	Add	DCF
08/17/23	DMG & Partners	APAC Realty	0.585	0.54	Neutral

Stock calls for 30 August 2023

Date	Analyst	Company	Last	Target	Call	Valuation
08/30/23	DMG & Partners	City Developments	6.7	8.2	Buy	RNAV (45% disc)
08/30/23	UOB Kay Hian	Civmec	0.79	1.23	Buy	PER11x FY24
08/30/23	Kim Eng	Civmec	0.79	1.05	Buy	PER10x FY24
08/30/23	DBS Vickers	Frasers Centrepoint Trust	2.21	2.6	Buy	DCF
08/30/23	DBS Vickers	GuocoLand	1.5	2.3	Buy	RNAV (60% disc)
08/30/23	DBS Vickers	IHH Healthcare	1.75	2.2	Buy