Starhill - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/04/25	OCBC	Starhill	0.545	0.51	Hold
08/28/25	DMG & Partners	Starhill	0.545	0.6	Buy
11/25/25	uSMART	Starhill	0.58	0.67	Buy
01/30/26	DBS Vickers	Starhill	0.595	0.68	Buy	DCF
02/03/26	OCBC	Starhill	0.59	0.525	Hold
02/03/26	DMG & Partners	Starhill	0.59	0.66	Buy
06/17/26	DMG & Partners	Starhill	0.54	0.66	Buy

Stock calls for 24 September 2026

Date	Analyst	Company	Last	Target	Call	Valuation
09/24/26	DBS Vickers	Bumitama	2.1	3	Buy	PER20.4x FY27
09/24/26	UOB Kay Hian	DBS	77.69	83.6	Hold	GGM, PB3.23x FY27
09/24/26	DBS Vickers	First Resources	4.44	6.3	Buy	PER14x FY27
09/24/26	DBS Vickers	Keppel Reit	0.86	1	Buy	PB0.8x
09/24/26	UOB Kay Hian	OCBC	31.65	35.7	Buy	GGM, PB2.36x FY27
09/24/26	Lim & Tan	SIA Engineering	3.14	3.85	Hold
09/24/26	Citi Research	UMS	2.65	3.43	Buy
09/24/26	Lim & Tan	Uni-Asia	0.93	1.39	Buy	PB
09/24/26	UOB Kay Hian	Yangzijiang Shipping	5.18	5.9	Buy	PER10.1x FY28

ST Engineering - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/06/25	DMG & Partners	ST Engineering	8.88	8.7	Buy
08/15/25	UOB Kay Hian	ST Engineering	8.4	8.56	Hold	PER25.6x FY27
08/15/25	CIMB	ST Engineering	8.4	8.7	Hold	PER
08/18/25	Phillip	ST Engineering	8.46	8.2	Neutral	DCF
08/19/25	DMG & Partners	ST Engineering	8.14	9.1	Buy
08/19/25	Kim Eng	ST Engineering	8.14	8.4	Hold	PER31x FY25
09/01/25	OCBC	ST Engineering	7.68	8.9	Buy
09/05/25	Lim & Tan	ST Engineering	7.95	8.73	Accumulate
09/23/25	DMG & Partners	ST Engineering	8.53	9.1	Buy
10/08/25	OCBC	ST Engineering	9.01	9.03	Hold
10/22/25	DMG & Partners	ST Engineering	8.25	9.1	Buy
11/13/25	Phillip	ST Engineering	8.29	8.2	Neutral	DCF
11/13/25	UOB Kay Hian	ST Engineering	8.29	9.05	Buy	PER26.1x FY27
11/13/25	DBS Vickers	ST Engineering	8.29	9.4	Buy
11/13/25	CIMB	ST Engineering	8.29	9.5	Add	PER
11/26/25	DMG & Partners	ST Engineering	8.3	9.4	Buy
11/26/25	OCBC	ST Engineering	8.3	9.8	Buy
12/22/25	DMG & Partners	ST Engineering	8.18	9.4	Buy
01/13/26	DBS Vickers	ST Engineering	9.21	10.2	Buy	DCF
01/21/26	OCBC	ST Engineering	9.53	10.9	Buy	PER
01/27/26	CIMB	ST Engineering	9.4	10.2	Add	PER
02/13/26	DMG & Partners	ST Engineering	10.19	10.7	Buy
02/27/26	DBS Vickers	ST Engineering	10.02	10.2	Buy	DCF & PER29x
03/02/26	UOB Kay Hian	ST Engineering	9.97	10.86	Buy	PER29.1x FY27
03/02/26	Phillip	ST Engineering	9.97	13	Buy	DCF
03/02/26	DBS Vickers	ST Engineering	9.97	11	Buy	PER30x FY26 & DCF
03/02/26	DMG & Partners	ST Engineering	9.97	11.7	Buy
03/20/26	UBS	ST Engineering	11.14	12.6	Buy
03/25/26	DMG & Partners	ST Engineering	11.22	12.3	Buy
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
04/23/26	DMG & Partners	ST Engineering	11.25	12.3	Buy
05/18/26	DBS Vickers	ST Engineering	10.37	12.4	Buy	PER33x FY26/27
05/19/26	Phillip	ST Engineering	10.79	13	Buy	DCF
05/19/26	UOB Kay Hian	ST Engineering	10.79	11.75	Buy
07/01/26	DBS Vickers	ST Engineering	10.39	12.4	Buy	PER33x FY26/27
07/15/26	DMG & Partners	ST Engineering	10.64	12.3	Buy
08/13/26	DBS Vickers	ST Engineering	10.28	12.4	Buy	PER33x FY26/27
08/14/26	UOB Kay Hian	ST Engineering	10.36	11.75	Buy	PER27x FY28
08/17/26	Phillip	ST Engineering	10.96	13	Buy	DCF
08/17/26	DBS Vickers	ST Engineering	10.96	12.4	Buy	PER28x FY27 & DCF
09/18/26	Goldman Sachs	ST Engineering	10.19	13.2	Buy

Spindex - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
09/29/25	Lim & Tan	Spinidex	1.34	1.43	Wait	Offer @ $1.43

Soon Hock - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
11/27/25	UOB Kay Hian	Soon Hock	0.59	0.68	Buy	PB1x FY26
01/14/26	Kim Eng	Soon Hock	0.63	0.75	Buy
01/14/26	UOB Kay Hian	Soon Hock	0.63	0.65	Buy	PB0.9x FY26
01/20/26	UOB Kay Hian	Soon Hock	0.635	0.71	Buy	PB1.2x FY26
02/11/26	UOB Kay Hian	Soon Hock	0.645	0.71	Buy	PB1.2x FY26
02/25/26	Kim Eng	Soon Hock	0.665	0.75	Buy
03/05/26	Kim Eng	Soon Hock	0.62	0.78	Buy	RNAV
03/12/26	UOB Kay Hian	Soon Hock	0.61	0.71	Buy	PB1.2x FY26
04/22/26	uSMART	Soon Hock	0.635	0.72	Buy
08/07/26	UOB Kay Hian	Soon Hock	0.58	0.71	Buy	PB1.2x FY26
08/12/26	Kim Eng	Soon Hock	0.59	0.81	Buy	RNAV
08/12/26	Lim & Tan	Soon Hock	0.59	0.81	Accumulate
09/07/26	UOB Kay Hian	Soon Hock	0.59	0.66	Buy	PB1.1x FY26

Stock calls for 23 September 2026

Date	Analyst	Company	Last	Target	Call	Valuation
09/23/26	OCBC	Aspial	0.35	0.46	Buy	DDM
09/23/26	UOB Kay Hian	LHN	0.535	0.59	Buy	PER8.6x FY27
09/23/26	OCBC	MoneyMax	0.78	1.37	Buy	PER
09/23/26	Lim & Tan	OUE Commercial	0.35	0.44	Accumulate
09/23/26	Lim & Tan	UOL	8.56	12.09	Accumulate
09/23/26	OCBC	ValueMax	0.99	1.21	Buy	PER

Soilbuild Construction - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/15/25	Phillip	Soilbuild Construction	1.86	2.68	Buy	PER5.9x FY26
09/29/25	Phillip	Soilbuild Construction	2.73	3.41	Buy	PER7.5x FY26
10/07/25	CIMB	Soilbuild Construction	3.19	4.21	Add	PER
10/15/25	DBS Vickers	Soilbuild Construction	3.33	4.7	Unrated	PER12x FY26
10/31/25	Phillip	Soilbuild Construction	3.49	3.41	Neutral	PER13x FY26
01/16/26	CIMB	Soilbuild Construction	0.88	1.2	Add	Stock split 1 for 4
02/12/26	Phillip	Soilbuild Construction	1	1.4	Buy	PER
03/02/26	CIMB	Soilbuild Construction	1.02	1.2	Add	PER
03/04/26	Phillip	Soilbuild Construction	0.96	1.4	Buy	PER10.5x FY26
03/12/26	DBS Vickers	Soilbuild Construction	0.985	1.25	Unrated	PER10.1x FY27
06/19/26	CIMB	Soilbuild Construction	0.79	1.1	Add	Sum of parts
07/07/26	DBS Vickers	Soilbuild Construction	0.655	1.25	Unrated	PER10.1x FY27
07/07/26	Phillip	Soilbuild Construction	0.655	1.2	Buy	PER9x FY27
08/14/26	CIMB	Soilbuild Construction	0.59	1.1	Add	Sum of parts
08/18/26	CIMB	Soilbuild Construction	0.65	1	Add	Sum of parts
08/21/26	Phillip	Soilbuild Construction	0.645	1.2	Buy	PER8.5x FY27