Stock calls for 14 November 2025

Date	Analyst	Company	Last	Target	Call	Valuation
11/14/25	UOB Kay Hian	AEM	1.83	1.51	Sell	PER23x FY26
11/14/25	UOB Kay Hian	Bumitama	1.48	1.4	Hold	PER11x FY26
11/14/25	DBS Vickers	Bumitama	1.48	1.9	Buy	PER16.4x FY26
11/14/25	Kim Eng	Capitaland Investment	2.69	3.3	Buy	Sum of parts
11/14/25	DBS Vickers	Delfi	0.835	0.7	Fully Valued	PER12.4x FY26
11/14/25	CIMB	Delfi	0.835	0.81	Hold	PER
11/14/25	Lim & Tan	KSH	0.385	0.51	Accumulate	Sum of parts
11/14/25	CIMB	Marco Polo	0.104	0.14	Add	PER
11/14/25	Lim & Tan	Marco Polo	0.104	0.11	Buy
11/14/25	Amfrasers	OUE Commercial	0.34	0.36	outperform	DDM
11/14/25	DBS Vickers	SATS	3.55	3.8	Buy	PER18x & DCF
11/14/25	UOB Kay Hian	Seatrium	2.18	2.96	Buy	PB1.5x
11/14/25	CIMB	Seatrium	2.18	2.67	Add	PB
11/14/25	MorningStar	Seatrium	2.18	2.92	4-Star
11/14/25	OCBC	Seatrium	2.18	2.76	Buy
11/14/25	CIMB	SIA	6.65	5.6	Reduce	PB
11/14/25	UOB Kay Hian	Valuetronics	0.88	1.03	Buy	PER13x FY27
11/14/25	UOB Kay Hian	Venture	15.06	17.43	Buy	PER21.5x FY26
11/14/25	DBS Vickers	Venture	15.06	15.3	Hold	PER18x FY26
11/14/25	CIMB	Venture	15.06	14.75	Hold
11/14/25	Phillip	Venture	15.06	14.75	Hold
11/14/25	OCBC	Wilmar	3.36	3.58	Buy

Jardine Matheson - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/07/24	Citi Research	Jardine Matheson	34.65	40.5	Buy

Jardine C&C - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
09/16/25	Lim & Tan	Jardine C&C	29.28	24.5	Hold

Japfa - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/07/24	CIMB	Japfa	0.32	0.37	Add	PB
07/29/24	DBS Vickers	Japfa	0.33	0.45	Buy	PER6.5x FY25
08/02/24	CIMB	Japfa	0.335	0.43	Add	PB
08/20/24	DBS Vickers	Japfa	0.335	0.45	Buy	PER6.5x FY25
08/23/24	DBS Vickers	Japfa	0.345	0.49	Buy	PER6.5x FY25
11/04/24	DBS Vickers	Japfa	0.39	0.56	Buy
01/20/25	DBS Vickers	Japfa	0.515	0.56	Buy
01/28/25	CIMB	Japfa	0.61	0.62	Accept Offer

Stock calls for 13 November 2025

Date	Analyst	Company	Last	Target	Call	Valuation
11/13/25	DBS Vickers	AEM	1.8	2.1	Buy	PER25x FY26
11/13/25	UOB Kay Hian	Comfortdelgro	1.48	1.76	Buy	PER16x FY26
11/13/25	DBS Vickers	Comfortdelgro	1.48	1.8	Buy	PB1.3x & EV/Ebitda5.4x
11/13/25	CIMB	Comfortdelgro	1.48	1.7	Add	PER
11/13/25	UOB Kay Hian	Food Empire	2.35	3	Buy	PER19x FY26
11/13/25	Lim & Tan	Food Empire	2.35	2.99	Buy
11/13/25	Lim & Tan	NTT DC Reit	1.01	1.2	Accumulate on weakness
11/13/25	phillip	Prime US Reit	0.2	0.3	Buy	DDM
11/13/25	UOB Kay Hian	Singtel	4.72	5.2	Buy	Sum of parts
11/13/25	CIMB	Singtel	4.72	5.2	Add	PER
11/13/25	Phillip	ST Engineering	8.29	8.2	Neutral	DCF
11/13/25	UOB Kay Hian	ST Engineering	8.29	9.05	Buy	PER26.1x FY27
11/13/25	DBS Vickers	ST Engineering	8.29	9.4	Buy
11/13/25	CIMB	ST Engineering	8.29	9.5	Add	PER

Isoteam - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/21/24	SAC Capital	Isoteam	0.059	0.073	Buy
07/25/24	SAC Capital	Isoteam	0.06	0.073	Buy	PER6.3x
09/02/24	SAC Capital	Isoteam	0.065	0.084	Buy
10/25/24	DMG & Partners	Isoteam	0.057	0.07	Buy	PER6x FY25
02/12/25	Kim Eng	Isoteam	0.065	0.09	Buy
02/14/25	DMG & Partners	Isoteam	0.06	0.07	Buy	PER6x FY25
03/21/25	DMG & Partners	Isoteam	0.077	0.08	Buy
03/25/25	Kim Eng	Isoteam	0.078	0.104	Buy
04/16/25	CIMB	Isoteam	0.069	0.096	Add
05/08/25	Amfrasers	Isoteam	0.077	0.1	outperform	DCF
05/23/25	Kim Eng	Isoteam	0.075	0.104	Buy
07/03/25	CIMB	Isoteam	0.077	0.1	Add
07/03/25	SAC Capital	Isoteam	0.077	0.091	Buy
07/07/25	Kim Eng	Isoteam	0.074	0.104	Buy
08/29/25	CIMB	Isoteam	0.08	0.102	Add	PER
08/29/25	Kim Eng	Isoteam	0.08	0.1	Buy
09/04/25	SAC Capital	Isoteam	0.083	0.096	Buy
09/12/25	Lim & Tan	Isoteam	0.087	0.1	Accumulate
09/17/25	CIMB	Isoteam	0.088	0.11	Add
09/24/25	Lim & Tan	Isoteam	0.084	0.11	Accumulate
09/26/25	DMG & Partners	Isoteam	0.084	0.078	Neutral
10/17/25	Amfrasers	Isoteam	0.081	0.099	outperform	DCF

ISDN - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/29/24	CIMB	ISDN	0.275	0.28	Hold
02/12/25	CIMB	ISDN	0.305	0.35	Add
03/11/25	CIMB	ISDN	0.35	0.4	Add	PER
04/22/25	CIMB	ISDN	0.315	0.28	Hold
07/31/25	CIMB	ISDN	0.365	0.44	Add
08/25/25	CIMB	ISDN	0.385	0.44	Add

Ireit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/11/25	DBS Vickers	Ireit	0.295	0.3	Hold	DCF
06/26/24	DMG & Partners	Ireit	0.3	0.47	Buy
07/12/24	DMG & Partners	Ireit	0.29	0.4	Buy	DDM
08/08/24	DBS Vickers	Ireit	0.305	0.33	Hold	DCF
09/25/24	Lim & Tan	Ireit	0.31	0.37	Accumulate
11/13/24	DBS Vickers	Ireit	0.29	0.33	Hold	DDM
01/02/25	DMG & Partners	Ireit	0.285	0.34	Buy	DDM
02/18/25	DBS Vickers	Ireit	0.265	0.25	Hold	DDM
04/07/25	DMG & Partners	Ireit	0.245	0.34	Buy	DDM
09/04/25	DMG & Partners	Ireit	0.285	0.35	Buy	DDM

Stock calls for 12 November 2025

Date	Analyst	Company	Last	Target	Call	Valuation
11/12/25	UOB Kay Hian	CSE Global	0.88	1.22	Buy	PER21x FY26
11/12/25	CIMB	CSE Global	0.88	1.15	Add	PER
11/12/25	Kim Eng	CSE Global	0.88	1.2	Buy
11/12/25	DBS Vickers	Keppel Pacific	0.225	0.4	Buy	DCF
11/12/25	UOB Kay Hian	Riverstone	0.81	1.05	Buy	PER22x FY26
11/12/25	CIMB	Riverstone	0.81	0.91	Add	PER
11/12/25	phillip	SIA Engineering	3.71	4.14	Accumulate
11/12/25	Lim & Tan	Singapore Post	0.42	0.51	Accumulate on weakness
11/12/25	Lim & Tan	Singtel	4.62	5	Accumulate on weakness
11/12/25	DMG & Partners	UMS	1.44	1.86	Buy
11/12/25	Kim Eng	UMS	1.44	1.59	Buy

Innotek - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/14/24	Lim & Tan	Innotek	0.515	0	Accumulate
12/04/24	Lim & Tan	Innotek	0.44	0	Accumulate on weakness
01/13/25	Lim & Tan	Innotek	0.445	0	Accumulate on weakness
02/03/25	Lim & Tan	Innotek	0.43	0	Accumulate on weakness
03/03/25	Lim & Tan	Innotek	0.43	0	Accumulate
04/15/25	Lim & Tan	Innotek	0.36	0	Accumulate
08/14/25	Lim & Tan	Innotek	0.395	0	Hold
10/13/25	Lim & Tan	Innotek	0.55	0	Accumulate on weakness