ARA Hospitality - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/09/21	DBS Vickers	ARA Hospitality	0.555	0.79	Buy	DCF
08/20/21	DBS Vickers	ARA Hospitality	0.495	0.75	Buy	DCF
02/28/22	DBS Vickers	ARA Hospitality	0.5	0.7	Buy	DCF
05/05/22	DBS Vickers	ARA Hospitality	0.505	0.7	Buy
06/14/22	DBS Vickers	ARA Hospitality	0.485	0.7	Buy
08/04/22	Lim & Tan	ARA Hospitality	0.475	0.7	Buy
08/05/22	DBS Vickers	ARA Hospitality	0.47	0.7	Buy

Stock calls for 2 September 2022

Date	Analyst	Company	Last	Target	Call	Valuation
09/02/22	DBS Vickers	Civmec	0.64	0.92	Buy	PER9x FY23
09/02/22	Kim Eng	Civmec	0.64	1	Buy
09/02/22	Lim & Tan	Golden Agri	0.275	0.4	Buy
09/02/22	DBS Vickers	GuocoLand	1.67	2.3	Buy
09/02/22	UOB Kay Hian	Mapletree Industrial	2.54	3.36	Buy
09/02/22	UOB Kay Hian	Mapletree Logistics	1.67	2.08	Buy
09/02/22	CIMB	Singtel	2.63	3.2	Add	Sum of parts
09/02/22	DMG & Partners	ST Engineering	3.78	4.6	Buy	Sum of parts

APTV - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/16/21	Phillip	APTV	0.131	0.15	Buy	EV/Ebitda9x FY21
11/16/21	Phillip	APTV	0.138	0.15	Accumulate	EV/Ebitda9x FY21
03/09/22	Phillip	APTV	0.134	0.15	Accumulate	EV/Ebitda9x FY21
08/16/22	Phillip	APTV	0.12	0.15	Buy	EV/Ebitda9x FY22

APAC Realty - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/13/21	CIMB	APAC Realty	0.815	0.94	Add
08/13/21	DBS Vickers	APAC Realty	0.815	1.05	Buy	PER14x FY21
08/16/21	CIMB	APAC Realty	0.89	0.96	Add
08/18/21	DMG & Partners	APAC Realty	0.93	0.88	Neutral	PER13x
10/07/21	DBS Vickers	APAC Realty	0.76	1.05	Buy
11/15/21	DBS Vickers	APAC Realty	0.835	0.88	Hold	PER10x
11/16/21	CIMB	APAC Realty	0.835	0.996	Add
11/17/21	DMG & Partners	APAC Realty	0.81	0.9	Neutral
12/17/21	DMG & Partners	APAC Realty	0.685	0.9	Neutral
02/24/22	CIMB	APAC Realty	0.7	0.93	Add
02/25/22	DBS Vickers	APAC Realty	0.675	0.67	Hold
02/25/22	DMG & Partners	APAC Realty	0.675	0.75	Neutral
04/04/22	DMG & Partners	APAC Realty	0.78	0.75	Neutral	DCF
04/26/22	DBS Vickers	APAC Realty	0.805	0.67	Hold
04/26/22	CIMB	APAC Realty	0.805	0.93	Add
06/20/22	CIMB	APAC Realty	0.595	0.84	Add	DCF & PER
06/23/22	DMG & Partners	APAC Realty	0.6	0.75	Buy	DCF
08/10/22	DBS Vickers	APAC Realty	0.685	0.67	Hold
08/10/22	Lim & Tan	APAC Realty	0.685	0.79	Accumulate on weakness
08/11/22	CIMB	APAC Realty	0.705	0.84	Add
08/11/22	DMG & Partners	APAC Realty	0.705	0.75	Neutral	DCF

Aoxin Q&M - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
11/19/21	UOB Kay Hian	Aoxin Q&M	0.27	0.37	Buy	PER16x FY22
01/21/22	UOB Kay Hian	Aoxin Q&M	0.245	0.37	Buy	PER16x FY22