Stock calls for 1 October 2024

Date	Analyst	Company	Last	Target	Call	Valuation
10/01/24	DBS Vickers	ART	0.975	1.15	Buy	DCF
10/01/24	Lim & Tan	Civmec	1	1.2	Accumulate	PER10.1x
10/01/24	DMG & Partners	Manulife US Reit	0.124	0.12	Neutral	DDM
10/01/24	DBS Vickers	Mapletree Industrial	2.43	2.6	Buy	DDM
10/01/24	DBS Vickers	Sheng Siong	1.53	1.8	Buy	PER18x FY25

Elite ComReit - 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
02/20/24	DBS Vickers	Elite ComReit	0.265	0.28	Hold
04/16/24	CIMB	Elite ComReit	0.24	0.38	Add	DDM
04/16/24	Lim & Tan	Elite ComReit	0.24	0.34	Accumulate
05/06/24	phillip	Elite ComReit	0.24	0.32	Buy	DDM
05/09/24	CIMB	Elite ComReit	0.235	0.33	Add	DDM
05/29/24	DBS Vickers	Elite ComReit	0.24	0.25	Hold
07/22/24	phillip	Elite ComReit	0.255	0.32	Buy	DDM
07/24/24	DMG & Partners	Elite ComReit	0.245	0.31	Buy	DDM
08/08/24	phillip	Elite ComReit	0.26	0.32	Buy	DDM
08/08/24	DMG & Partners	Elite ComReit	0.26	0.31	Buy	DDM

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