Stock calls for 23 October 2026

Date	Analyst	Company	Last	Target	Call	Valuation
10/23/26	JPM	City Developments	7	10.45	Overweight
10/23/26	CIMB	CSE Global	0.92	1.95	Add	PER
10/23/26	phillip	Elite ComReit	0.305	0.41	Buy	DDM
10/23/26	UOB Kay Hian	Frasers Centrepoint Trust	2.11	2.92	Buy	DDM
10/23/26	uSMART	Old Chang Kee	1.2	1.36	outperform
10/23/26	phillip	OUE Commercial	0.33	0.43	Buy	DDM
10/23/26	OCBC	OUE Commercial	0.33	0.375	Buy
10/23/26	Amfrasers	Raffles Education	0.08	0.27	outperform	DCF
10/23/26	DBS Vickers	Suntec Reit	1.36	1.55	Buy	PB0.8x
10/23/26	Lim & Tan	Suntec Reit	1.36	1.57	Accumulate
10/23/26	CIMB	UOB	41.88	43.1	Hold

CDL Hospitality - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/01/25	Kim Eng	CDL Hospitality	0.8	0.7	Hold	DDM
09/24/25	DMG & Partners	CDL Hospitality	0.815	0.88	Neutral	DDM
10/31/25	CIMB	CDL Hospitality	0.82	0.87	Add	DDM
11/25/25	Lim & Tan	CDL Hospitality	0.825	0.83	Hold
12/08/25	DBS Vickers	CDL Hospitality	0.81	1	Buy
12/08/25	Citi Research	CDL Hospitality	0.81	0.8	Sell
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
02/03/26	Lim & Tan	CDL Hospitality	0.875	0.88	Hold
05/04/26	CIMB	CDL Hospitality	0.81	0.9	Add	DDM
06/29/26	JPM	CDL Hospitality	0.775	0.85	Neutral
07/30/26	DBS Vickers	CDL Hospitality	0.795	1	Buy	DCF
07/31/26	CIMB	CDL Hospitality	0.795	0.89	Add	DDM

CapitaRetail China - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/01/25	DBS Vickers	CapitaRetail China	0.76	0.75	Hold	DCF
09/30/25	OCBC	CapitaRetail China	0.785	0.705	Hold
10/31/25	DBS Vickers	CapitaRetail China	0.79	0.75	Hold	DCF
02/05/26	JPM	CapitaRetail China	0.79	0.78	Neutral
02/05/26	DBS Vickers	CapitaRetail China	0.785	0.75	Hold	DCF
02/06/26	OCBC	CapitaRetail China	0.78	0.655	Sell
03/25/26	OCBC	CapitaRetail China	0.635	0.655	Hold
04/15/26	JPM	CapitaRetail China	0.67	0.66	Neutral
06/29/26	JPM	CapitaRetail China	0.635	0.66	Neutral
08/06/26	DBS Vickers	CapitaRetail China	0.67	0.75	Hold	DCF

Capitaland Investment - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/13/25	Lim & Tan	Capitaland Investment	2.75	3.42	Buy
08/13/25	Citi Research	Capitaland Investment	2.75	3.4	Buy
08/15/25	Uob Kay Hian	Capitaland Investment	2.72	3.49	Buy	Sum of parts
08/15/25	DBS Vickers	Capitaland Investment	2.72	3.65	Buy	Sum of parts
08/15/25	CIMB	Capitaland Investment	2.72	4.3	Add	RNAV
08/15/25	Lim & Tan	Capitaland Investment	2.72	3.38	Buy
08/18/25	Phillip	Capitaland Investment	2.7	3.65	Buy	Sum of parts
09/25/25	Lim & Tan	Capitaland Investment	2.68	3.4	Buy
10/17/25	Lim & Tan	Capitaland Investment	2.65	3.39	Buy
11/04/25	DBS Vickers	Capitaland Investment	2.66	3.65	Buy	Sum of parts
11/07/25	CIMB	Capitaland Investment	2.65	4.3	Add	RNAV
11/07/25	Lim & Tan	Capitaland Investment	2.65	3.41	Buy
11/10/25	Phillip	Capitaland Investment	2.68	3.65	Buy	Sum of parts
11/14/25	Kim Eng	Capitaland Investment	2.69	3.3	Buy	Sum of parts
11/25/25	Lim & Tan	Capitaland Investment	2.63	3.39	Buy
12/08/25	Lim & Tan	Capitaland Investment	2.61	3.39	Buy
12/23/25	Lim & Tan	Capitaland Investment	2.67	3.5	Accumulate
01/05/26	Uob Kay Hian	Capitaland Investment	2.74	3.49	Buy	Sum of parts
01/07/26	Lim & Tan	Capitaland Investment	2.76	3.39	Accumulate
01/08/26	DBS Vickers	Capitaland Investment	2.78	3.65	Buy	Sum of parts
02/10/26	Lim & Tan	Capitaland Investment	3.16	3.3	Hold
02/11/26	Uob Kay Hian	Capitaland Investment	3.17	3.49	Buy	Sum of parts
02/11/26	DBS Vickers	Capitaland Investment	3.17	3.65	Buy	Sum of parts
02/12/26	Uob Kay Hian	Capitaland Investment	3.06	4.05	Buy	Sum of parts
02/12/26	CIMB	Capitaland Investment	3.06	4.19	Add	RNAV
02/12/26	CIMB	Capitaland Investment	3.06	3.4	Buy	RNAV (20% disc)
02/16/26	Phillip	Capitaland Investment	3.12	3.69	Buy	Sum of parts
03/10/26	Uob Kay Hian	Capitaland Investment	2.82	4.05	Buy	Sum of parts
04/20/26	Lim & Tan	Capitaland Investment	2.85	3.5	Accumulate
04/29/26	DBS Vickers	Capitaland Investment	2.81	3.4	Buy	Sum of parts
04/30/26	Phillip	Capitaland Investment	2.8	3.69	Buy	Sum of parts
04/30/26	Uob Kay Hian	Capitaland Investment	2.8	3.93	Buy	Sum of parts
06/25/26	DBS Vickers	Capitaland Investment	2.51	3.4	Buy	Sum of parts
06/25/26	JPM	Capitaland Investment	2.51	4	Overweight
08/05/26	DBS Vickers	Capitaland Investment	2.73	3.4	Buy	Sum of parts
08/13/26	OCBC	Capitaland Investment	2.73	3.58	Buy
08/14/26	Lim & Tan	Capitaland Investment	2.75	3.39	Accumulate
08/17/26	Phillip	Capitaland Investment	2.74	3.69	Buy	Sum of parts
09/16/26	Lim & Tan	Capitaland Investment	2.65	3.45	Accumulate
09/17/26	Uob Kay Hian	Capitaland Investment	2.64	3.93	Buy	Sum of parts
09/25/26	DBS Vickers	Capitaland Investment	2.6	3.4	Buy	Sum of parts
09/25/26	Lim & Tan	Capitaland Investment	2.6	3.47	Accumulate
10/16/26	Uob Kay Hian	Capitaland Investment	2.38	3.93	Buy	Sum of parts

Stock calls for 22 October 2026

Date	Analyst	Company	Last	Target	Call	Valuation
10/22/26	UOB Kay Hian	ART	0.805	1	Buy	DDM
10/22/26	Uob Kay Hian	Capitaland Integrated Commercial Trust	2.23	3.11	Buy	DDM
10/22/26	UOB Kay Hian	Centurion	1.28	2.05	Buy	Sum of parts & PER12.5x FY27
10/22/26	UOB Kay Hian	Far East Hospitality	0.51	0.8	Buy	DDM
10/22/26	DBS Vickers	Frasers Centrepoint Trust	2.06	2.5	Buy	DCF, PB1.1x
10/22/26	UOB Kay Hian	Frasers Centrepoint Trust	2.06	3	Buy	DDM
10/22/26	Lim & Tan	Frasers Centrepoint Trust	2.06	2.54	Accumulate on weakness
10/22/26	DBS Vickers	Genting	0.605	0.67	Hold	EV/Ebitda6.9x FY26
10/22/26	Kim Eng	Keppel Corp	10.15	13	Buy	Sum of parts
10/22/26	DBS Vickers	Keppel DC Reit	2.04	2.55	Buy	PB1.5x
10/22/26	UOB Kay Hian	Keppel DC Reit	2.04	2.83	Buy	DDM
10/22/26	UOB Kay Hian	Lendlease Reit	0.525	0.8	Buy	DCF
10/22/26	UOB Kay Hian	Mapletree Commercial	1.14	1.67	Buy	DDM
10/22/26	UOB Kay Hian	Mapletree Industrial	1.74	1.72	Sell	DDM
10/22/26	UOB Kay Hian	Mapletree Logistics	1.07	1.13	Hold	DDM
10/22/26	UOB Kay Hian	NTT DC Reit	0.885	1.29	Buy	DDM
10/22/26	Lim & Tan	OUE Commercial	0.33	0.43	Accumulate
10/22/26	UOB Kay Hian	Parkway Life	4.04	5.02	Buy	DDM
10/22/26	UOB Kay Hian	Suntec Reit	1.36	1.67	Buy	DDM
10/22/26	DBS Vickers	UOL	7.9	13	Buy	RNAV (25% disc)