Elite Commercial Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/08/23	CIMB	Elite ComReit	0.295	0.49	Add	DDM
08/11/23	DBS Vickers	Elite ComReit	0.305	0.33	Hold	DCF
08/11/23	DBS Vickers	Elite ComReit	0.245	0.33	Hold
11/27/23	phillip	Elite ComReit	0.34	0.36	Buy	DDM
12/20/23	Lim & Tan	Elite ComReit	0.295	0.39	Accumulate
12/20/23	phillip	Elite ComReit	0.295	0.36	Buy	DDM
02/20/24	phillip	Elite ComReit	0.265	0.34	Buy	DDM
04/16/24	CIMB	Elite ComReit	0.24	0.38	Add	DDM
04/16/24	Lim & Tan	Elite ComReit	0.24	0.34	Accumulate

EC World Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/15/23	DBS Vickers	EC World Reit	0.295	0.4	Fully Valued
08/29/23	DBS Vickers	EC World Reit	0.28	0.4	Drop coverage	DCF

Stock calls for 3 May 2024

Date	Analyst	Company	Last	Target	Call	Valuation
05/03/24	DBS Vickers	Ascendas India Trust	1.03	1.3	Buy	DDM
05/03/24	Lim & Tan	Ascendas India Trust	1.03	1.26	Accumulate
05/03/24	UOB Kay Hian	Comfortdelgro	1.48	1.72	Buy	PER16x FY24
05/03/24	phillip	Cromwell EUR	1.49	1.91	Buy	DDM
05/03/24	CIMB	Cromwell EUR	1.49	2.02	Add	DDM
05/03/24	DMG & Partners	Cromwell EUR	1.49	2.05	Buy	DDM
05/03/24	UOB Kay Hian	CSE Global	0.425	0.56	Buy	PER15x FY24
05/03/24	Lim & Tan	CSE Global	0.425	0.61	Accumulate
05/03/24	UOB Kay Hian	DBS	34.9	40.7	Buy	GGM, PB1.74x FY25
05/03/24	phillip	DBS	34.9	38.5	Accumulate	GGM, PB1.83x FY24
05/03/24	DMG & Partners	DBS	34.9	38.9	Buy	GGM, PB1.69x
05/03/24	UOB Kay Hian	Far East Hospitality	0.615	0.82	Buy	DDM
05/03/24	UOB Kay Hian	Frencken	1.42	1.74	Buy	PER17x FY24
05/03/24	UOB Kay Hian	Genting	0.885	1.25	Buy	EV/Ebitda9x FY24
05/03/24	UOB Kay Hian	Marco Polo	0.069	0.086	Buy	PER11x FY24
05/03/24	UOB Kay Hian	OCBC	14.34	18.15	Buy	GGM, PB1.31x FY25
05/03/24	UOB Kay Hian	Riverstone	0.79	0.88	Buy	PER17.6x FY24
05/03/24	UOB Kay Hian	Sembcorp Industries	5.3	7.49	Buy	PER13.6x
05/03/24	UOB Kay Hian	Singtel	2.38	2.99	Buy	DCF
05/03/24	CIMB	UMS	1.3	1.68	Add
05/03/24	UOB Kay Hian	Venture	14.21	16.37	Buy	PER17x FY24
05/03/24	DBS Vickers	Venture	14.21	16.9	Buy
05/03/24	UOB Kay Hian	Yangzijiang Shipping	1.72	2.19	Buy	PER9.4x