Stock calls for 27 February 2026

Date	Analyst	Company	Last	Target	Call	Valuation
02/27/26	UOB Kay Hian	AEM	2.47	2.65	Buy	PER25x FY26
02/27/26	DBS Vickers	AEM	2.47	3.3	Buy	PER30x FY26
02/27/26	CIMB	AEM	2.47	3.14	Add	PER
02/27/26	Kim Eng	AEM	2.47	2.84	Buy
02/27/26	DBS Vickers	Aztech	0.67	0.67	Hold	PER12x FY27
02/27/26	OCBC	Bumitama	1.33	1.5	Buy
02/27/26	DBS Vickers	Frasers Property	1.06	1.5	Buy	RNAV (45% disc)
02/27/26	DBS Vickers	Hong Leong Asia	3.06	3.9	Buy	Sum of parts
02/27/26	OCBC	Hong Leong Asia	3.06	4.2	Buy	DCF
02/27/26	Phillip	HRnetGroup	0.74	0.82	Accumulate
02/27/26	CIMB	HRnetGroup	0.74	0.78	Add	PER
02/27/26	DBS Vickers	Nanofilm	0.62	0.68	Hold	PER29x FY26
02/27/26	phillip	OCBC	21.34	22.3	Accumulate
02/27/26	phillip	PanUnited	1.32	1.73	Buy	DCF
02/27/26	UOB Kay Hian	Seatrium	2.28	3.15	Buy
02/27/26	CIMB	Seatrium	2.28	2.84	Add	PB
02/27/26	JPM	Sembcorp Industries	6.07	5.8	Neutral
02/27/26	Macquarie	Sembcorp Industries	6.07	6.43	Neutral	Sum of parts
02/27/26	DBS Vickers	ST Engineering	10.02	10.2	Buy	DCF
02/27/26	Phillip	Stoneweg Reit	1.67	1.89	Buy	DDM
02/27/26	DBS Vickers	UOL	10.68	17.5	Buy	RNAV (25% disc)
02/27/26	OCBC	UOL	10.68	12.87	Buy	RNAV
02/27/26	Lim & Tan	UOL	10.68	11.42	Hold
02/27/26	DBS Vickers	Venture	16.9	17.9	Buy	PER21x FY26
02/27/26	Kim Eng	Venture	16.9	18.1	Buy	PER
02/27/26	DBS Vickers	Wilmar	3.5	3	Hold	PER11.7x FY26
02/27/26	UOB Kay Hian	Yangzijiang Shipping	3.92	4.6	Buy
02/27/26	DBS Vickers	Yangzijiang Shipping	3.92	4.55	Buy	PB2.6x FY26, PER11x FY26
02/27/26	CIMB	Yangzijiang Shipping	3.92	4.95	Add	PER

Paragon Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/12/25	Lim & Tan	Paragon Reit	0.99	1.02	Hold	Offer @ $0.98
02/12/25	CIMB	Paragon Reit	0.99	0.92	Hold
02/13/25	CIMB	Paragon Reit	0.99	0.98	Hold	Offer @ $0.98
03/27/25	Lim & Tan	Paragon Reit	0.97	0.98	Accept Offer	Offer @ $0.98

Pan-United - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/14/25	CIMB	PanUnited	0.56	0.75	Add
02/28/25	phillip	PanUnited	0.615	0.75	Buy	DCF
03/07/25	CIMB	PanUnited	0.625	0.75	Add
03/14/25	UOB Kay Hian	PanUnited	0.62	0.81	Buy
04/08/25	UOB Kay Hian	PanUnited	0.575	0.81	Buy
04/08/25	Lim & Tan	PanUnited	0.575	0.77	Accumulate
05/27/25	CIMB	PanUnited	0.705	0.823	Add
07/07/25	CIMB	PanUnited	0.87	0.958	Add
07/10/25	UOB Kay Hian	PanUnited	0.895	1.06	Buy	PER14x FY25
08/15/25	CIMB	PanUnited	1.07	1.2	Add	EV/Ebitda
08/18/25	phillip	PanUnited	1.13	1.34	Buy	DCF
09/11/25	UOB Kay Hian	PanUnited	1.18	1.33	Buy	PER17x FY26
02/26/26	UOB Kay Hian	PanUnited	1.27	1.42	Buy	PER17x FY26
02/26/26	CIMB	PanUnited	1.27	1.55	Add	EV/Ebitda

Pacific Radiance - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
12/12/24	CIMB	Pacific Radiance	0.047	0.07	Add	PB
03/05/25	CIMB	Pacific Radiance	0.044	0.07	Add
03/17/25	phillip	Pacific Radiance	0.045	0.06	Buy	PER8x FY25
08/20/25	CIMB	Pacific Radiance	0.05	0.09	Add	PER
08/27/25	phillip	Pacific Radiance	0.067	0.098	Buy	PER8x FY26
10/06/25	CIMB	Pacific Radiance	0.105	0.14	Add	PER

Stock calls for 26 February 2026

Date	Analyst	Company	Last	Target	Call	Valuation
02/26/26	OCBC	Ascendas India Trust	1.21	1.37	Buy	DDM
02/26/26	UOB Kay Hian	Delfi	0.945	1.12	Buy	PER14x FY26
02/26/26	DBS Vickers	Delfi	0.945	1	Hold	PER14x FY26
02/26/26	UOB Kay Hian	Food Empire	3.27	4.21	Buy	PER25x FY26
02/26/26	CIMB	Info-Tech System	1.05	1.35	Add	PER
02/26/26	DBS Vickers	Nanofilm	0.645	0.71	Hold	PER29x FY26
02/26/26	UOB Kay Hian	OCBC	21.4	24.85	Buy	GGM, PB1.76x FY26
02/26/26	CIMB	OCBC	21.4	23.4	Add	GGM
02/26/26	UOB Kay Hian	PanUnited	1.27	1.42	Buy	PER17x FY26
02/26/26	CIMB	PanUnited	1.27	1.55	Add	EV/Ebitda
02/26/26	Lim & Tan	Seatrium	2.21	2.65	Accumulate on weakness
02/26/26	UOB Kay Hian	Sembcorp Industries	6.2	7.1	Buy	PER12.3x
02/26/26	CIMB	Sembcorp Industries	6.2	7.68	Add	PER
02/26/26	Lim & Tan	Sembcorp Industries	6.2	7	Accumulate
02/26/26	UOB Kay Hian	SIA	7.17	7.18	Hold	PB1.36x FY27
02/26/26	DBS Vickers	SIA	7.17	7.5	Hold	EV/Ebitda4.7x FY26
02/26/26	CIMB	SIA	7.17	7.44	Add	PB
02/26/26	OCBC	SIA	7.17	6.88	Hold
02/26/26	Kim Eng	SIA	7.17	7.03	Hold
02/26/26	OCBC	Singapore Post	0.385	0.4	Hold
02/26/26	Amfrasers	Skylink	0.295	0.44	Outperform	DCF
02/26/26	DBS Vickers	Stoneweg Reit	1.66	1.9	Buy	DCF
02/26/26	phillip	UOB	36.98	37	Neutral	GGM, PB1.26x FY26

OUE Commercial - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
12/23/24	Lim & Tan	OUE Commercial	0.27	0.36	Accumulate
12/23/24	DBS Vickers	OUE Commercial	0.27	0.33	Buy	DCF
01/24/25	DBS Vickers	OUE Commercial	0.3	0.33	Buy	DCF
01/24/25	Lim & Tan	OUE Commercial	0.3	0.36	Accumulate
01/27/25	phillip	OUE Commercial	0.3	0.4	Buy	DDM
01/28/25	CIMB	OUE Commercial	0.3	0.32	Hold	DDM
01/28/25	OCBC	OUE Commercial	0.3	0.345	Buy
01/28/25	Kim Eng	OUE Commercial	0.3	0.34	Buy
04/28/25	phillip	OUE Commercial	0.275	0.4	Buy	DDM
04/28/25	DBS Vickers	OUE Commercial	0.275	0.33	Buy	DCF
04/28/25	Kim Eng	OUE Commercial	0.275	0.27	Hold
04/29/25	OCBC	OUE Commercial	0.28	0.315	Buy
04/29/25	Kim Eng	OUE Commercial	0.28	0.28	Hold
04/29/25	CIMB	OUE Commercial	0.28	0.33	Add
05/02/25	Amfrasers	OUE Commercial	0.28	0.32	outperform	DDM
07/24/25	DBS Vickers	OUE Commercial	0.31	0.33	Buy	DCF
07/24/25	OCBC	OUE Commercial	0.31	0.335	Buy
07/24/25	Lim & Tan	OUE Commercial	0.31	0.335	Accumulate
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
07/28/25	CIMB	OUE Commercial	0.31	0.33	Add
08/26/25	Lim & Tan	OUE Commercial	0.335	0	Accumulate on weakness
10/27/25	DBS Vickers	OUE Commercial	0.345	0.4	Buy	DCF
10/27/25	OCBC	OUE Commercial	0.345	0.36	Buy
11/14/25	Amfrasers	OUE Commercial	0.34	0.36	outperform	DDM
12/09/25	phillip	OUE Commercial	0.35	0.4	Buy	DDM
01/08/26	DBS Vickers	OUE Commercial	0.36	0.4	Buy	DCF
01/27/26	DBS Vickers	OUE Commercial	0.365	0.45	Buy	DCF
01/27/26	Lim & Tan	OUE Commercial	0.365	0.39	Accumulate
01/28/26	CIMB	OUE Commercial	0.36	0.41	Add	DDM
01/29/26	OCBC	OUE Commercial	0.375	0.4	Buy
02/03/26	phillip	OUE Commercial	0.36	0.4	Buy	DDM
02/20/26	DBS Vickers	OUE Commercial	0.355	0.45	Buy	DCF
02/23/26	Lim & Tan	OUE Commercial	0.37	0.42	Accumulate
02/25/26	CIMB	OUE Commercial	0.37	0.41	Add	DDM