ARA Hospitality (Acrophyte) - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/03/25	DBS Vickers	ARA Hospitality (Acrophyte)	0.215	0.25	Buy	DCF

APAC Realty - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/03/25	DBS Vickers	APAC Realty	0.415	0.5	Buy	PER13x
03/17/25	DMG & Partners	APAC Realty	0.42	0.48	Buy	DCF
03/18/25	Lim & Tan	APAC Realty	0.415	0.49	Accumulate
07/02/25	DMG & Partners	APAC Realty	0.48	0.54	Buy	DCF
08/05/25	Lim & Tan	APAC Realty	0.565	0.66	Accumulate
08/11/25	DBS Vickers	APAC Realty	0.635	0.8	Buy	PER13x FY25/26
08/12/25	Lim & Tan	APAC Realty	0.705	0.8	Accumulate
09/01/25	Lim & Tan	APAC Realty	0.735	0.82	Accumulate	PER15.5x FY25/26
09/15/25	DMG & Partners	APAC Realty	0.88	0.8	Neutral
10/10/25	DBS Vickers	APAC Realty	0.695	0.8	Buy	PER13x FY25/26
02/24/26	DBS Vickers	APAC Realty	0.665	0.7	Hold	Sum of parts
02/24/26	Lim & Tan	APAC Realty	0.665	0	Accumulate on weakness
03/12/26	Lim & Tan	APAC Realty	0.58	0.66	Accumulate	PER15.5x FY26
03/17/26	Lim & Tan	APAC Realty	0.56	0.71	Accumulate

Stock calls for 2 April 2026

Date	Analyst	Company	Last	Target	Call	Valuation
04/02/26	BOA	A-Reit	2.52	3.1	Buy
04/02/26	CIMB	A-Reit	2.52	3.21	Add	DDM
04/02/26	DBS Vickers	AEM	4.32	4.6	Buy	PER32x FY27
04/02/26	CIMB	Comfortdelgro	1.46	1.7	Add
04/02/26	Lim & Tan	First Reit	0.245	0.27	Accumulate on weakness
04/02/26	OCBC	First Reit	0.245	0.245	Hold
04/02/26	Tickrs Financial	Nanofilm	0.65	0.65	Hold
04/02/26	UBS	SATS	3.6	4.35	Buy
04/02/26	BOA	SGX	19.96	20.5	Neutral
04/02/26	CIMB	SIA	6.66	6.77	Hold	PB
04/02/26	DBS Vickers	ST Engineering	11.1	12.4	Buy	PER33x FY26/27
04/02/26	CIMB	ST Engineering	11.1	11.05	Hold	PER
04/02/26	DBS Vickers	UOL	9.95	13	Buy	RNAV (25% disc)
04/02/26	DBS Vickers	ValueMax	1.08	1.45	Buy	PER11x FY26

The Iran war situation report. - Part 36

Iran has struck Israel harder to prove that Trump is lying about any negotiation or a ceasefire.

The EU looks set to pivot from the US and it starts with Spain, Italy and Germany respectively.

The anglo-saxons in the US has managed to make Israel the world's number 1 enemy and Israel is under attacks from many fronts now.  The world order in the Middle East is resetting as the war situation unfolds.

The Iran war situation report. - Part 35

It looks like Trump is bluffing again that the US will end the Iran war soon because the US military is preparing for Iran ground operations.

Iran has reiterated that it is neither seeking a ceasefire nor a negotiation.  As stated by Iran, there is no direct and ongoing talk between the US and Iran.

However, we can see that the US is desperate to end this war from Trump's actions.   This is really bad for Israel and its outcome won't be good. (Watch the video below.)

Alpina - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
09/04/25	Lim & Tan	Alpina	0.31	0.38	Wait	Offer $0.38

AIMS AMP Cap Ind Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/03/25	Kim Eng	AIMS AMP Cap Ind Reit	1.23	1.39	Buy	DDM
03/24/25	DMG & Partners	AIMS AMP Cap Ind Reit	1.26	1.48	Buy	DDM
05/07/25	DBS Vickers	AIMS AMP Cap Ind Reit	1.27	1.55	Buy	DCF
05/07/25	Lim & Tan	AIMS AMP Cap Ind Reit	1.27	1.43	Accumulate
05/08/25	Kim Eng	AIMS AMP Cap Ind Reit	1.27	1.2	Hold	DDM
06/27/25	Lim & Tan	AIMS AMP Cap Ind Reit	1.31	1.41	Hold
07/14/25	Lim & Tan	AIMS AMP Cap Ind Reit	1.33	1.5	Accumulate
07/23/25	DMG & Partners	AIMS AMP Cap Ind Reit	1.4	1.52	Buy	DDM
08/05/25	Kim Eng	AIMS AMP Cap Ind Reit	1.36	1.25	Hold	DDM
08/06/25	DMG & Partners	AIMS AMP Cap Ind Reit	1.35	1.52	Buy	DDM
10/30/25	DMG & Partners	AIMS AMP Cap Ind Reit	1.39	1.52	Buy	DDM
11/06/25	DBS Vickers	AIMS AMP Cap Ind Reit	1.39	1.6	Buy
11/10/25	Kim Eng	AIMS AMP Cap Ind Reit	1.41	1.44	Buy	DDM
02/05/26	DBS Vickers	AIMS AMP Cap Ind Reit	1.49	1.6	Buy	DCF
02/05/26	Lim & Tan	AIMS AMP Cap Ind Reit	1.49	1.52	Accumulate
02/05/26	Kim Eng	AIMS AMP Cap Ind Reit	1.54	1.65	Buy	DDM

AEM - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/03/25	UOB Kay Hian	AEM	1.32	1.09	Sell	PER15x FY25
03/03/25	DBS Vickers	AEM	1.32	1.69	Buy	PER20x FY25/26
04/22/25	UOB Kay Hian	AEM	1.1	1.09	Sell	PER15x FY25
05/14/25	DBS Vickers	AEM	1.21	1.69	Buy	PER20x FY25/26
05/15/25	UOB Kay Hian	AEM	1.29	1.09	Sell	PER15x FY25
05/15/25	DBS Vickers	AEM	1.29	1.5	Buy	PER20x FY25/26
06/26/25	DBS Vickers	AEM	1.24	1.5	Buy	PER20x FY25/26
07/25/25	DBS Vickers	AEM	1.69	2.1	Buy	PER25x FY26
08/05/25	UOB Kay Hian	AEM	1.62	1.09	Sell	PER15x FY25
08/14/25	DBS Vickers	AEM	1.53	2.1	Buy	PER25x FY26
08/21/25	CIMB	AEM	1.41	1.44	Hold	PER
08/29/25	UOB Kay Hian	AEM	1.52	1.25	Sell	PER19x FY26
09/19/25	DBS Vickers	AEM	1.57	2.1	Buy	PER25x FY26
09/23/25	Amfrasers	AEM	1.92	2	Buy
10/06/25	DBS Vickers	AEM	2.04	2.1	Buy	PER25x FY26
11/13/25	DBS Vickers	AEM	1.8	2.1	Buy	PER25x FY26
11/14/25	UOB Kay Hian	AEM	1.83	1.51	Sell	PER23x FY26
11/19/25	Lim & Tan	AEM	1.73	1.6	Sell
11/19/25	Kim Eng	AEM	1.73	1.49	Sell
02/10/26	DBS Vickers	AEM	1.9	2.1	Buy	PER25x FY26
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
03/05/26	DBS Vickers	AEM	3.05	3.3	Buy	PER30x FY26
03/20/26	DBS Vickers	AEM	3.78	4.6	Buy	PER32x FY27
03/24/26	UOB Kay Hian	AEM	3.96	4.7	Buy	PER33x FY27

Stock calls for 1 April 2026

Date	Analyst	Company	Last	Target	Call	Valuation
04/01/26	UOB Kay Hian	ART	0.88	1.42	Buy	DDM
04/01/26	CIMB	BRC Asia	4.67	5.4	Add
04/01/26	Uob Kay Hian	Capitaland Integrated Commercial Trust	2.35	2.95	Buy	DDM
04/01/26	Lim & Tan	City Developments	8.21	10.28	Accumulate on weakness
04/01/26	UOB Kay Hian	Frasers Centrepoint Trust	2.18	2.9	Buy	DDM
04/01/26	UOB Kay Hian	Frasers Logistics	0.895	1.22	Buy	DDM
04/01/26	UOB Kay Hian	Keppel DC Reit	2.18	2.82	Buy	DDM
04/01/26	UOB Kay Hian	Keppel Reit	0.89	1.15	Buy	DDM
04/01/26	Phillip	Lion-Phillip	0.802	0.9	Accumulate	Sum of parts
04/01/26	UOB Kay Hian	Mapletree Commercial	1.32	1.84	Buy	DDM
04/01/26	UOB Kay Hian	Mapletree Industrial	1.94	2.22	Hold	DDM
04/01/26	UOB Kay Hian	Mapletree Logistics	1.15	1.38	Hold	DDM
04/01/26	UOB Kay Hian	NTT DC Reit	0.915	1.42	Buy	DDM
04/01/26	DBS Vickers	NTT DC Reit	0.915	1.2	Buy	DCF
04/01/26	UOB Kay Hian	Parkway Life	4	5.45	Buy	DDM
04/01/26	Lim & Tan	Reclaims Global	0.215	0.29	Accumulate	Ex-bonus
04/01/26	phillip	SIA Engineering	3.24	4.14	Accumulate
04/01/26	UOB Kay Hian	United Hampshire	0.505	0.72	Buy	DDM

The Iran war situation report. - Part 34

According to this Iranian professor, the Iran war won't end so soon because Iran won't be cowered into any form of submission.  Instead, Iran will escalate the war when the US does it.

As long as the supreme leader doesn't agree to negotiate or doesn't back down, the Iran war will continue because the Iranian president doesn't have any executive power to dictate the outcome since the presidency is just a titular position.