Metro - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/21/26	Lim & Tan	Metro	0.46	0.7	Accumulate

Stock calls for 2 September 2026

Date	Analyst	Company	Last	Target	Call	Valuation
09/02/26	UOB Kay Hian	ASL Marine	0.3	0.41	Buy	PER12x FY27
09/02/26	SAC Capital	Aspial	0.355	0.5	Buy	PER
09/02/26	Amfrasers	China Sunsine	0.66	1.145	Outperform	DCF
09/02/26	Amfrasers	Geo Energy	0.55	1.15	outperform	DCF
09/02/26	DBS Vickers	GuocoLand	2.22	3.4	Buy	RNAV (35% disc)
09/02/26	Phillip	Keppel DC Reit	2.2	2.46	Accumulate	DDM
09/02/26	CIMB	Keppel DC Reit	2.2	2.68	Add	DDM
09/02/26	Lim & Tan	Keppel DC Reit	2.2	2.67	Accumulate
09/02/26	Amfrasers	Kin Global	0.19	0.14	Neutral	Sum of parts
09/02/26	Lim & Tan	Tiong Woon	0.97	1.22	Accumulate

Metaoptics - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/06/26	DBS Vickers	Metaoptics	1.03	1.8	Unrated	P/S 2x

Mermaid Maritime - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
11/19/25	CIMB	Mermaid Maritime	0.126	0.14	Add

Megachem - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
09/22/25	SAC Capital	Megachem	0.46	0.5	Hold

Stock calls for 1 September 2026

Date	Analyst	Company	Last	Target	Call	Valuation
09/01/26	UOB Kay Hian	Beng Kuang Marine	0.415	0.75	Buy	PER14x FY27
09/01/26	UOB Kay Hian	BRC Asia	4.24	5.3	Buy	PER13x FY27
09/01/26	Uob Kay Hian	Capitaland Integrated Commercial Trust	2.37	3.06	Buy	DDM
09/01/26	UOB Kay Hian	City Developments	8.32	11.5	Buy	RNAV (15% disc)
09/01/26	Lim & Tan	Comfortdelgro	1.29	1.5	Accumulate on weakness
09/01/26	UOB Kay Hian	Frasers Logistics	0.935	1.33	Buy	DDM
09/01/26	SAC Capital	ISDN	0.69	1.03	Buy	PER
09/01/26	DMG & Partners	Isoteam	0.069	0.064	Neutral
09/01/26	UOB Kay Hian	Keppel Corp	11.6	13.26	Buy	PER18.9x FY27
09/01/26	Kim Eng	Keppel Corp	11.6	13	Buy	Sum of parts
09/01/26	UOB Kay Hian	Keppel Pacific	0.173	0.25	Buy	DDM
09/01/26	UOB Kay Hian	Mapletree Commercial	1.27	1.75	Buy	DDM
09/01/26	UOB Kay Hian	NTT DC Reit	0.955	1.31	Buy	DDM
09/01/26	UOB Kay Hian	OCBC	31.52	32.5	Buy	GGM, PB2.16x FY27
09/01/26	UOB Kay Hian	Riverstone	0.795	1.21	Buy	PER24x FY27
09/01/26	UOB Kay Hian	SATS	3.92	5	Buy	PER19.7x FY28
09/01/26	UOB Kay Hian	SIA Engineering	3.11	3.75	Buy	PER21.2x FY28
09/01/26	UOB Kay Hian	Singtel	4.54	5.5	Buy	Sum of parts
09/01/26	CIMB	Tiong Woon	0.965	1.33	Add	EV/Ebitda
09/01/26	UOB Kay Hian	UI Boustead	0.8	1.16	Buy	DDM
09/01/26	Lim & Tan	UOL	9.07	12	Accumulate
09/01/26	Citi Research	UOL	9.07	12.9	Buy	RNAV (27% disc)
09/01/26	UOB Kay Hian	Valuetronics	1.01	1.88	Buy	PER19x FY28, Ex-cash
09/01/26	UOB Kay Hian	Venture	16.88	21.1	Buy	PER23.7x FY27
09/01/26	UOB Kay Hian	Yangzijiang Shipping	4.84	5.3	Buy	PER9.1x FY28

Marco Polo - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/06/25	DMG & Partners	Marco Polo	0.058	0.07	Buy
08/19/25	Lim & Tan	Marco Polo	0.065	0.065	Hold
08/20/25	UOB Kay Hian	Marco Polo	0.063	0.076	Buy
08/22/25	Lim & Tan	Marco Polo	0.069	0.082	Buy	PER10x FY26
08/27/25	UOB Kay Hian	Marco Polo	0.067	0.088	Buy	PER11.3x FY26
08/27/25	Kim Eng	Marco Polo	0.067	0.09	Buy	PER11x FY26
09/08/25	Lim & Tan	Marco Polo	0.069	0.082	Buy	PER10x FY26
09/17/25	DMG & Partners	Marco Polo	0.074	0.085	Buy
09/25/25	Lim & Tan	Marco Polo	0.076	0.086	Buy
09/26/25	UOB Kay Hian	Marco Polo	0.077	0.088	Buy	PER11.3x FY26
10/06/25	CIMB	Marco Polo	0.079	0.1	Add	PER
10/23/25	DMG & Partners	Marco Polo	0.088	0.1	Buy
10/24/25	Kim Eng	Marco Polo	0.093	0.11	Buy	PER13.5x FY26
11/14/25	CIMB	Marco Polo	0.104	0.14	Add	PER
11/14/25	Lim & Tan	Marco Polo	0.104	0.11	Buy
11/17/25	UOB Kay Hian	Marco Polo	0.107	0.138	Buy	PER16x FY26
11/18/25	Kim Eng	Marco Polo	0.109	0.13	Buy	PER14x FY26
12/01/25	CIMB	Marco Polo	0.117	0.14	Add	PER
12/01/25	DMG & Partners	Marco Polo	0.117	0.14	Buy
12/01/25	Lim & Tan	Marco Polo	0.117	0.13	Buy
12/08/25	UOB Kay Hian	Marco Polo	0.14	0.188	Buy	PER20.5x FY26
12/09/25	CIMB	Marco Polo	0.148	0.2	Add
01/09/26	Lim & Tan	Marco Polo	0.15	0.18	Accumulate
01/16/26	UOB Kay Hian	Marco Polo	0.153	0.188	Buy	PER20.5x FY26
01/19/26	DMG & Partners	Marco Polo	0.152	0.177	Buy
01/26/26	Kim Eng	Marco Polo	0.157	0.2	Buy
02/19/26	Kim Eng	Marco Polo	0.151	0.2	Buy
02/19/26	Lim & Tan	Marco Polo	0.151	0.19	Accumulate on weakness
02/23/26	DMG & Partners	Marco Polo	0.159	0.18	Buy	DCF & PER15x FY26
02/24/26	UOB Kay Hian	Marco Polo	0.163	0.19	Buy	PER20.5x FY26
03/05/26	Lim & Tan	Marco Polo	0.166	0.19	Accumulate on weakness
03/18/26	CIMB	Marco Polo	0.153	0.2	Add	PER
04/10/26	Kim Eng	Marco Polo	0.158	0.2	Buy	PER
04/23/26	DMG & Partners	Marco Polo	0.161	0.18	Buy	DCF & PER15x FY26
05/07/26	UOB Kay Hian	Marco Polo	0.16	0.19	Buy	PER20.5x FY26
05/18/26	CIMB	Marco Polo	0.187	0.21	Add	PER
05/18/26	Lim & Tan	Marco Polo	0.187	0.2	Accumulate
05/19/26	Kim Eng	Marco Polo	0.184	0.24	Buy
07/10/26	Lim & Tan	Marco Polo	0.129	0.21	Buy
07/17/26	DMG & Partners	Marco Polo	0.129	0.21	Buy
08/18/26	Lim & Tan	Marco Polo	0.133	0.21	Buy
08/19/26	CIMB	Marco Polo	0.132	0.21	Add	PER
08/28/26	UOB Kay Hian	Marco Polo	0.127	0.173	Buy	PER20x FY26

Mapletree Logistics - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
09/01/25	UOB Kay Hian	Mapletree Logistics	1.22	1.33	Hold	DDM
10/28/25	JPM	Mapletree Logistics	1.3	1.5	Overweight
10/29/25	DBS Vickers	Mapletree Logistics	1.33	1.55	Buy	DCF
10/30/25	CIMB	Mapletree Logistics	1.36	1.68	Add	DDM
10/31/25	UOB Kay Hian	Mapletree Logistics	1.35	1.38	Hold	DDM
11/18/25	DBS Vickers	Mapletree Logistics	1.29	1.55	Buy	DCF
01/19/26	DBS Vickers	Mapletree Logistics	1.36	1.55	Buy	DCF
01/19/26	OCBC	Mapletree Logistics	1.36	1.4	Hold
01/27/26	CIMB	Mapletree Logistics	1.353	1.68	Add	DDM
01/28/26	UOB Kay Hian	Mapletree Logistics	1.37	1.38	Hold	DDM
01/28/26	Lim & Tan	Mapletree Logistics	1.37	1.41	Hold
03/23/26	Lim & Tan	Mapletree Logistics	1.21	1.45	Accumulate on weakness
04/01/26	UOB Kay Hian	Mapletree Logistics	1.15	1.38	Hold	DDM
05/04/26	UOB Kay Hian	Mapletree Logistics	1.22	1.29	Hold	DDM
05/04/26	DBS Vickers	Mapletree Logistics	1.22	1.55	Buy	DCF
05/04/26	CIMB	Mapletree Logistics	1.22	1.48	Add	DDM
05/22/26	JPM	Mapletree Logistics	1.18	1.4	Overweight
07/02/26	DBS Vickers	Mapletree Logistics	1.21	1.55	Buy	DCF
07/29/26	OCBC	Mapletree Logistics	1.2	1.34	Buy
07/30/26	UOB Kay Hian	Mapletree Logistics	1.24	1.29	Hold	DDM