Hyphens Pharma - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/10/25	Phillip	Hyphens Pharma	0.28	0.35	Buy	DCF
03/12/25	SAC Capital	Hyphens Pharma	0.28	0.46	Buy
07/18/25	Lim & Tan	Hyphens Pharma	0.33	0.35	Accumulate on weakness
08/21/25	CIMB	Hyphens Pharma	0.29	0.43	Add	DCF
08/25/25	Phillip	Hyphens Pharma	0.315	0.4	Buy	DCF

Hutchison Port (HPH) - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
12/31/24	DBS Vickers	Hutchison Port	0.164	0.32	Buy	DCF
02/03/25	DBS Vickers	Hutchison Port	0.16	0.2	Buy	DCF
05/02/25	DBS Vickers	Hutchison Port	0.149	0.18	Buy	DCF
05/13/25	DBS Vickers	Hutchison Port	0.148	0.18	Buy	DCF
06/16/25	DBS Vickers	Hutchison Port	0.16	0.18	Buy	DCF
07/23/25	Lim & Tan	Hutchison Port	0.184	0	Hold
07/24/25	DBS Vickers	Hutchison Port	0.192	0.22	Buy	DCF
08/14/25	DBS Vickers	Hutchison Port	0.21	0.22	Buy	DCF

Stock calls for 3 February 2026

Date	Analyst	Company	Last	Target	Call	Valuation
02/03/26	UOB Kay Hian	ART	0.98	1.42	Buy	DDM
02/03/26	DBS Vickers	Ascendas India Trust	1.27	1.5	Buy	DDM
02/03/26	OCBC	Ascendas India Trust	1.27	1.38	Buy	DDM
02/03/26	Lim & Tan	CDL Hospitality	0.875	0.88	Hold
02/03/26	DBS Vickers	Food Empire	2.7	3.4	Buy	Sum of parts
02/03/26	UOB Kay Hian	Frasers Logistics	1.01	1.22	Buy	DDM
02/03/26	DBS Vickers	Keppel Pacific	0.24	0.4	Buy	DCF
02/03/26	UOB Kay Hian	NTT DC Reit	1.04	1.42	Buy	DDM
02/03/26	phillip	OUE Commercial	0.36	0.4	Buy	DDM
02/03/26	DBS Vickers	Parkway Life	4.07	4.75	Buy	DCF
02/03/26	Lim & Tan	Parkway Life	4.07	4.8	Accumulate on weakness
02/03/26	UOB Kay Hian	SIA	6.36	6.16	Hold	PB1.18x FY27
02/03/26	OCBC	Starhill	0.59	0.525	Hold
02/03/26	DMG & Partners	Starhill	0.59	0.66	Buy
02/03/26	UOB Kay Hian	Wilmar	3.4	7.9	Buy

HRnetGroup - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/10/25	Phillip	HRnetGroup	0.695	0.78	Accumulate
08/15/25	CIMB	HRnetGroup	0.715	0.71	Hold	PER
08/19/25	Phillip	HRnetGroup	0.715	0.78	Accumulate
10/28/25	DMG & Partners	HRnetGroup	0.745	0.85	Buy
12/12/25	DMG & Partners	HRnetGroup	0.715	0.85	Buy
01/30/26	DMG & Partners	HRnetGroup	0.745	0.85	Buy

Hotel Properties (HPL) - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/29/25	DBS Vickers	Hotel Properties	5.21	5	Hold	RNAV (50% disc)

Hongkong Land - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/10/25	Lim & Tan	Hongkong Land	4.46	4.73	Accumulate
03/10/25	DBS Vickers	Hongkong Land	4.46	5.25	Buy
03/10/25	CIMB	Hongkong Land	4.46	4.82	Hold
04/25/25	DBS Vickers	Hongkong Land	4.22	5.52	Buy
04/28/25	DBS Vickers	Hongkong Land	4.64	5.62	Buy	RNAV (46% disc)
04/28/25	CIMB	Hongkong Land	4.64	4.91	Hold	RNAV
05/23/25	Lim & Tan	Hongkong Land	5.23	0	Accumulate
05/26/25	DBS Vickers	Hongkong Land	5.27	5.62	Buy	RNAV (46% disc)
07/31/25	DBS Vickers	Hongkong Land	6.3	7.2	Buy	RNAV (35% disc)
09/19/25	Lim & Tan	Hongkong Land	6.65	6.97	Buy
09/29/25	DBS Vickers	Hongkong Land	6.25	7.6	Buy	RNAV (31% disc)
11/21/25	Lim & Tan	Hongkong Land	6.3	7.5	Accumulate
11/21/25	DBS Vickers	Hongkong Land	6.3	7.7	Buy	RNAV (31% disc)
11/24/25	MorningStar	Hongkong Land	6.33	7.1	4-Star
12/12/25	Lim & Tan	Hongkong Land	6.93	7.5	Accumulate on weakness
12/15/25	MorningStar	Hongkong Land	7.15	7.4	3-Star	Up from $7.10

Stock calls for 1 February 2026

Date	Analyst	Company	Last	Target	Call	Valuation
02/02/26	Phillip	ART	0.98	1.08	Accumulate	DDM
02/02/26	Lim & Tan	Ascendas India Trust	1.24	1.43	Accumulate
02/02/26	UOB Kay Hian	ASL Marine	0.31	0.35	Buy	PER11.6x FY26
02/02/26	DBS Vickers	CDL Hospitality	0.865	1	Buy	DCF
02/02/26	DMG & Partners	CDL Hospitality	0.865	1	Buy	DDM
02/02/26	Kim Eng	CDL Hospitality	0.865	1	Buy
02/02/26	Citi Research	CDL Hospitality	0.865	0.6	Sell	DDM & RNAV
02/02/26	UOB Kay Hian	China Aviation Oil	1.75	2.09	Buy	PER14.5x FY26
02/02/26	UOB Kay Hian	China Sunsine	0.73	0.95	Buy	PER11x FY26
02/02/26	UOB Kay Hian	City Developments	9.28	11.5	Buy	RNAV (15% disc)
02/02/26	DBS Vickers	City Developments	9.28	11.8	Buy	RNAV (35% disc)
02/02/26	Kim Eng	Coliwoo	0.6	0.74	Buy	PER
02/02/26	UOB Kay Hian	CSE Global	1.12	1.22	Buy	PER21x FY26
02/02/26	UOB Kay Hian	Dairy Farm	4.12	5.3	Buy	PER25.1x
02/02/26	UOB Kay Hian	Food Empire	2.7	3	Buy	PER19x FY26
02/02/26	OCBC	Hong Leong Asia	3.43	3.5	Buy	DCF
02/02/26	UOB Kay Hian	Keppel DC Reit	2.28	2.82	Buy	DDM
02/02/26	Phillip	Keppel DC Reit	2.28	2.37	Accumulate	DDM
02/02/26	DBS Vickers	Keppel DC Reit	2.28	2.6	Buy
02/02/26	Lim & Tan	Keppel DC Reit	2.28	2.63	Accumulate on weakness
02/02/26	UOB Kay Hian	Lendlease Reit	0.64	0.81	Buy	DDM
02/02/26	UOB Kay Hian	Mapletree Commercial	1.46	1.84	Buy	DDM
02/02/26	DBS Vickers	Mapletree Commercial	1.46	1.65	Buy	Sum of parts
02/02/26	Kim Eng	Mapletree Commercial	1.46	1.55	Buy	DDM
02/02/26	CIMB	Nam Cheong	1.19	1.87	Add
02/02/26	Kim Eng	Netlink	0.98	1.05	Buy
02/02/26	UOB Kay Hian	OCBC	21.23	23.65	Buy	GGM, PB1.7x FY26
02/02/26	UOB Kay Hian	Propnex	2.19	2.51	Buy	PER22.9x FY26
02/02/26	UOB Kay Hian	Reclaims Group	0.48	0.56	Buy	PER12x FY27
02/02/26	UOB Kay Hian	SATS	3.79	4.2	Buy	PER19.7x FY27
02/02/26	DMG & Partners	Singtel	4.59	5.2	Buy
02/02/26	UOB Kay Hian	Ultragreen	1.68	2	Buy	PER24x FY26
02/02/26	DBS Vickers	UOL	10.84	13	Buy	RNAV
02/02/26	UOB Kay Hian	Valuetronics	0.875	1.03	Buy	PER13x FY27

Baltic dry index - 2148

Related stock: Seatrium, Cosco & Pan Ocean.

US rig count (weekly) - 546

Related stock: Seatrium & Cosco. 

Hong Leong Finance - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/30/26	DBS Vickers	Hong Leong Finance	2.69	3.2	Buy	PB0.7x FY26

Hong Leong Asia - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
12/13/24	UOB Kay Hian	Hong Leong Asia	0.83	1.11	Buy	Sum of parts
02/28/25	UOB Kay Hian	Hong Leong Asia	0.925	1.11	Buy	Sum of parts
02/28/25	DBS Vickers	Hong Leong Asia	0.925	1.6	Buy	Sum of parts
03/14/25	UOB Kay Hian	Hong Leong Asia	1	1.11	Buy	Sum of parts
03/24/25	UOB Kay Hian	Hong Leong Asia	1.02	1.46	Buy	Sum of parts
05/27/25	UOB Kay Hian	Hong Leong Asia	1.17	1.46	Buy	Sum of parts
06/23/25	UOB Kay Hian	Hong Leong Asia	1.33	1.46	Buy	Sum of parts
07/07/25	CIMB	Hong Leong Asia	1.6	1.95	Add
07/10/25	UOB Kay Hian	Hong Leong Asia	1.63	1.93	Buy	Sum of parts
08/18/25	UOB Kay Hian	Hong Leong Asia	1.88	2.63	Buy	Sum of parts
08/19/25	DBS Vickers	Hong Leong Asia	1.95	2.8	Buy	Sum of parts
08/25/25	OCBC	Hong Leong Asia	2.4	3.4	Buy
09/15/25	UOB Kay Hian	Hong Leong Asia	2.43	2.82	Buy	Sum of parts
11/26/25	UOB Kay Hian	Hong Leong Asia	2.13	2.82	Buy	Sum of parts
01/29/26	UOB Kay Hian	Hong Leong Asia	3.15	4.2	Buy	Sum of parts