Stock calls for 28 July 2025

Date	Analyst	Company	Last	Target	Call	Valuation
07/28/25	OCBC	CapitaRetail China	0.78	0.765	Hold
07/28/25	Phillip	Frasers Centrepoint Trust	2.2	2.44	Accumulate	DDM
07/28/25	CIMB	Frasers Centrepoint Trust	2.2	2.44	Add	DDM
07/28/25	CIMB	Frencken	1.67	1.91	Add	PER
07/28/25	DBS Vickers	Ifast Corp	7.42	9.22	Buy	Sum of parts & DCF
07/28/25	Phillip	Keppel DC Reit	2.32	2.33	Neutral	DDM
07/28/25	DBS Vickers	Keppel DC Reit	2.32	2.6	Buy
07/28/25	CIMB	OUE Commercial	0.31	0.33	Add
07/28/25	DBS Vickers	Raffles Medical	1.05	1.12	Buy	Sum of parts, PER25x
07/28/25	Lim & Tan	Raffles Medical	1.05	1.13	Hold
07/28/25	Phillip	Suntec Reit	1.19	1.36	Buy	DDM
07/28/25	CIMB	Venture	12.48	12.14	Hold

Baltic dry index - 2257

Related stock: Seatrium, Cosco & Pan Ocean.

US rig count (weekly) - 542

Related stock: Seatrium & Cosco.

What will the US Fed do on 30 July 2025?

From the Fedwatch tool, we can see that it is projecting the US Fed to stay put for its July FOMC meeting with an overwhelming 97% probability of status quo.

CDL Hospitality - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/04/24	UOB Kay Hian	CDL Hospitality	0.98	1.48	Buy	DDM
06/26/24	DMG & Partners	CDL Hospitality	0.96	1.2	Buy
06/27/24	CIMB	CDL Hospitality	0.955	1.25	Add	DDM
07/15/24	DBS Vickers	CDL Hospitality	0.99	1.45	Buy
07/25/24	DMG & Partners	CDL Hospitality	0.975	1.2	Buy
07/29/24	Kim Eng	CDL Hospitality	0.97	1.1	Buy
07/30/24	Lim & Tan	CDL Hospitality	0.975	1.1	Buy
07/31/24	CIMB	CDL Hospitality	0.97	1.16	Add	DDM
08/01/24	Kim Eng	CDL Hospitality	0.965	1	Buy
08/05/24	DMG & Partners	CDL Hospitality	0.94	1.03	Neutral	DDM
08/07/24	DBS Vickers	CDL Hospitality	0.875	1.2	Buy
09/02/24	DBS Vickers	CDL Hospitality	0.935	1.2	Buy
10/04/24	UOB Kay Hian	CDL Hospitality	1.02	1.5	Buy	DDM
10/17/24	Lim & Tan	CDL Hospitality	0.97	1.04	Hold
10/30/24	DMG & Partners	CDL Hospitality	0.925	1	Neutral	DDM
12/16/24	Kim Eng	CDL Hospitality	0.87	1.1	Buy
12/23/24	DBS Vickers	CDL Hospitality	0.84	1.2	Buy
01/10/25	DMG & Partners	CDL Hospitality	0.88	1	Neutral	DDM
01/27/25	DBS Vickers	CDL Hospitality	0.865	1.2	Buy
01/27/25	Lim & Tan	CDL Hospitality	0.865	1	Hold
01/31/25	DMG & Partners	CDL Hospitality	0.855	0.93	Neutral	DDM
02/04/25	DBS Vickers	CDL Hospitality	0.855	1.1	Buy
04/08/25	UOB Kay Hian	CDL Hospitality	0.775	1	Buy	DDM
04/30/25	DBS Vickers	CDL Hospitality	0.795	1.1	Buy
05/05/25	CIMB	CDL Hospitality	0.775	0.87	Add	DDM
06/27/25	UOB Kay Hian	CDL Hospitality	0.79	1.11	Buy	DDM

CapitaRetail China - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
09/25/24	DBS Vickers	CapitaRetail China	0.745	0.95	Buy
10/30/24	DBS Vickers	CapitaRetail China	0.76	0.95	Buy
06/16/25	DBS Vickers	CapitaRetail China	0.685	0.85	Buy

Capitaland Investment - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/21/24	Lim & Tan	Capitaland Investment	2.65	3.67	Accumulate
07/01/24	Phillip	Capitaland Investment	2.66	3.38	Buy	Sum of parts
07/04/24	Uob Kay Hian	Capitaland Investment	2.64	4.04	Buy	Sum of parts
07/09/24	DBS Vickers	Capitaland Investment	2.64	3.85	Buy	Sum of parts
07/09/24	Lim & Tan	Capitaland Investment	2.64	3.67	Accumulate
07/15/24	Lim & Tan	Capitaland Investment	2.81	3.68	Accumulate
07/16/24	CIMB	Capitaland Investment	2.76	4.3	Add	RNAV
08/15/24	DBS Vickers	Capitaland Investment	2.49	3.85	Buy	Sum of parts
08/15/24	Uob Kay Hian	Capitaland Investment	2.49	4.04	Buy	Sum of parts
08/15/24	Lim & Tan	Capitaland Investment	2.49	3.6	Accumulate
08/19/24	Phillip	Capitaland Investment	2.57	3.38	Buy	Sum of parts
08/21/24	CIMB	Capitaland Investment	2.59	4.3	Add	RNAV
09/03/24	Lim & Tan	Capitaland Investment	2.69	3.5	Buy
09/04/24	Phillip	Capitaland Investment	2.78	3.38	Buy	Sum of parts
09/17/24	CIMB	Capitaland Investment	2.91	4.3	Add	RNAV
09/24/24	Lim & Tan	Capitaland Investment	2.94	3.52	Accumulate
10/16/24	CIMB	Capitaland Investment	3	4.3	Add	RNAV
10/22/24	DBS Vickers	Capitaland Investment	2.98	3.85	Buy	Sum of parts
11/07/24	Uob Kay Hian	Capitaland Investment	2.91	3.85	Buy	Sum of parts
11/08/24	Phillip	Capitaland Investment	2.8	3.38	Buy	Sum of parts
11/20/24	DBS Vickers	Capitaland Investment	2.81	3.85	Buy	Sum of parts
11/21/24	Lim & Tan	Capitaland Investment	2.83	3.55	Buy
12/03/24	Lim & Tan	Capitaland Investment	2.75	3.55	Accumulate
12/16/24	DBS Vickers	Capitaland Investment	2.65	3.85	Buy	Sum of parts
01/03/25	Phillip	Capitaland Investment	2.65	3.38	Buy	Sum of parts
01/15/25	Lim & Tan	Capitaland Investment	2.46	3.55	Accumulate
02/04/25	Lim & Tan	Capitaland Investment	2.42	3.52	Accumulate
02/28/25	DBS Vickers	Capitaland Investment	2.62	3.65	Buy	Sum of parts
02/28/25	Kim Eng	Capitaland Investment	2.62	3.3	Buy	Sum of parts
02/28/25	Lim & Tan	Capitaland Investment	2.62	3.47	Accumulate
03/03/25	Uob Kay Hian	Capitaland Investment	2.56	3.95	Buy	Sum of parts
03/17/25	Phillip	Capitaland Investment	2.62	3.65	Buy	Sum of parts
04/03/25	Lim & Tan	Capitaland Investment	2.72	3.5	Accumulate on weakness
04/11/25	Lim & Tan	Capitaland Investment	2.5	3.48	Accumulate on weakness
04/17/25	DBS Vickers	Capitaland Investment	2.54	3.85	Buy
05/02/25	Phillip	Capitaland Investment	2.75	3.65	Buy	Sum of parts
05/02/25	DBS Vickers	Capitaland Investment	2.75	3.65	Buy	Sum of parts
05/02/25	CIMB	Capitaland Investment	2.75	4.3	Add	RNAV
05/05/25	Uob Kay Hian	Capitaland Investment	2.53	3.42	Buy	Sum of parts
05/14/25	Lim & Tan	Capitaland Investment	2.54	3.34	Accumulate
06/04/25	Lim & Tan	Capitaland Investment	2.51	3.35	Accumulate
06/09/25	Lim & Tan	Capitaland Investment	2.56	3.34	Accumulate
07/02/25	CIMB	Capitaland Investment	2.65	4.3	Add	RNAV
07/03/25	Phillip	Capitaland Investment	2.65	3.65	Buy	Sum of parts

Stock calls for 25 July 2025

Date	Analyst	Company	Last	Target	Call	Valuation
07/25/25	DBS Vickers	AEM	1.69	2.1	Buy	PER25x FY26
07/25/25	OCBC	City Developments	6.2	6.01	Hold
07/25/25	Kim Eng	Comfortdelgro	1.54	1.7	Buy	DCF
07/25/25	Lim & Tan	Cosmosteel	0.25	0.25	Accept Offer	Offer price $0.25
07/25/25	DBS Vickers	Frasers Centrepoint Trust	2.2	2.75	Buy	DCF
07/25/25	DBS Vickers	Frencken	1.62	2.03	Buy	PER20x FY25/26
07/25/25	Lim & Tan	Keppel DC Reit	2.26	2.46	Accumulate on weakness
07/25/25	UOB Kay Hian	Mapletree Logistics	1.19	1.33	Hold	DDM
07/25/25	phillip	OUE Commercial	0.31	0.4	Buy	DDM
07/25/25	DBS Vickers	OUE Commercial	0.31	0.35	Buy	DCF
07/25/25	OCBC	SIA Engineering	3.3	3.5	Hold
07/25/25	DBS Vickers	Suntec Reit	1.18	1.15	Hold
07/25/25	Lim & Tan	Suntec Reit	1.18	1.22	Hold
07/25/25	DBS Vickers	UMS	1.48	1.84	Buy	PER25x FY25/26