Stock calls for 10 November 2021

Date	Analyst	Company	Last	Target	Call	Valuation
11/10/21	DMG & Partners	Bumitama	0.55	0.47	Neutral
11/10/21	DBS Vickers	EC World Reit	0.815	0.9	Buy	DCF
11/10/21	DBS Vickers	Far East Orchard	1.12	1.7	Buy	Sum of parts
11/10/21	DMG & Partners	First Resources	1.63	1.7	Neutral
11/10/21	Lim & Tan	Food Empire	0.81	1.26	Accumulate
11/10/21	UOB Kay Hian	Genting	0.815	1.08	Buy	EV/Ebitda10x FY22
11/10/21	DBS Vickers	Genting	0.815	1	Buy	Sum of parts
11/10/21	DMG & Partners	Genting	0.815	0.9	Buy
11/10/21	Citi Research	Genting	0.815	1.01	Buy
11/10/21	DMG & Partners	Golden Agri	0.27	0.24	Neutral
11/10/21	DBS Vickers	Ho Bee	2.83	3.8	Buy
11/10/21	Amfrasers	Japan Foods	0.41	0.56	Outperform
11/10/21	UOB Kay Hian	Manulife US Reit	0.71	0.84	Buy	DDM
11/10/21	DBS Vickers	Riverstone	0.78	1.28	Buy	PER10x FY22/23
11/10/21	OCBC	SIA Engineering	2.4	2.68	Buy
11/10/21	DBS Vickers	ST Engineering	3.81	4.55	Buy
11/10/21	DBS Vickers	UOB	27.9	31	Buy	GGM, PB1.2x FY22
11/10/21	DMG & Partners	UOB	27.9	33.5	Buy
11/10/21	DBS Vickers	Vicom	2.07	2.13	High-Risk	DCF & PER34x FY21

Straits Trading - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/04/21	DBS Vickers	Straits Trading	2.33	3.5	Buy	Sum of parts (40% discount)
02/22/21	DBS Vickers	Straits Trading	2.77	3.9	Buy	Sum of parts (40% discount)
04/07/21	DBS Vickers	Straits Trading	2.89	3.9	Buy	Sum of parts (40% discount)

Starhub - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
11/09/20	Phillip	Starhub	1.2	1.24	Neutral	EV/Ebitda 6x FY20
11/09/20	DBS Vickers	Starhub	1.2	1.21	Hold	DCF
11/09/20	CIMB	Starhub	1.2	1.6	Add	DCF
11/09/20	UOB Kay Hian	Starhub	1.2	1.4	Buy	DCF
11/10/20	DMG & Partners	Starhub	1.24	1.3	Neutral
12/02/20	Kim Eng	Starhub	1.31	1.32	Hold
12/11/20	CIMB	Starhub	1.28	1.6	Add	DCF
02/22/21	Phillip	Starhub	1.28	1.24	Neutral	Ev/Ebitda 6x
02/22/21	UOB Kay Hian	Starhub	1.28	1.35	Hold
02/22/21	DMG & Partners	Starhub	1.28	1.38	Neutral
02/22/21	DBS Vickers	Starhub	1.28	1.12	Fully Valued	DCF
02/23/21	CIMB	Starhub	1.26	1.6	Add	DCF
02/24/21	OCBC	Starhub	1.26	1.32	Hold
04/06/21	DMG & Partners	Starhub	1.32	1.38	Neutral
05/05/21	Lim & Tan	Starhub	1.3	0	Hold
05/05/21	DBS Vickers	Starhub	1.3	1.12	Fully Valued	DCF
05/06/21	UOB Kay Hian	Starhub	1.26	1.3	Hold	DCF, Buy @ $1.15
05/07/21	Phillip	Starhub	1.26	1.24	Neutral	Ev/Ebitda 6x
05/10/21	DMG & Partners	Starhub	1.26	1.38	Neutral
06/09/21	DBS Vickers	Starhub	1.23	1.38	Buy
08/10/21	Phillip	Starhub	1.25	1.24	Neutral	Ev/Ebitda 6x
08/10/21	CIMB	Starhub	1.25	1.65	Add
08/10/21	DMG & Partners	Starhub	1.25	1.35	Neutral
08/10/21	UOB Kay Hian	Starhub	1.25	1.3	Hold	Buy @ $1.15
08/10/21	Kim Eng	Starhub	1.25	1.25	Hold	DCF
09/13/21	CIMB	Starhub	1.22	1.65	Add	DCF
09/23/21	Lim & Tan	Starhub	1.23	0	Hold
09/23/21	DMG & Partners	Starhub	1.23	1.35	Neutral
09/23/21	UOB Kay Hian	Starhub	1.23	1.3	Hold	Buy @ $1.15
09/23/21	DBS Vickers	Starhub	1.23	1.44	Buy
09/27/21	Phillip	Starhub	1.24	1.24	Neutral	EV/Ebitda6x FY21
10/11/21	CIMB	Starhub	1.23	1.65	Add
10/27/21	DBS Vickers	Starhub	1.24	1.6	Buy	DCF