The information below is extracted from analyst reports. The target prices are set by analysts with, typically, a 12-month time frame in mind. No, they are not cast in stone: You can expect them to be revised as new business developments materialise.
 Shared by Lionel Lim, remisier.(Please contact me at 65 90400848 or email me at This email address is being protected from spambots. You need JavaScript enabled to view it. if you wish to open a trading account. Account opening is free). Please see Disclaimer at https://lionelltp.blogspot.com/p/disclaimer.html |
| Counter | Date | Broking House | Last Done Price | Target Price | Buy Sell Hold | Valuation Methodology |
| Mapletree Commercial Trust | 27 Jan | Maybank Kim Eng | $1.84 | $2.35 | Buy | DDM |
| Mapletree Ind Trust | 27 Jan | UOB Kayhian | $2.59 | $3.72 | Buy | DDM |
| ARA Logos Logistic Trust | 26 Jan | CGS CIMB | $0.875 | $0.987 | Add | DDM |
| Suntec Reit | 26 Jan | CGS CIMB | $1.54 | $1.79 | Add | DDM |
| BRC Asia | 26 Jan | CGS CIMB | $1.56 | $2.10 | Add | P/BV |
| AEM | 26 Jan | CGS CIMB | $4.74 | $7.90 | Add | P/E |
| Frasers Centerpoint Trust | 26 Jan | Maybank Kim Eng | $2.27 | $2.90 | Buy | DDM |
| Keppel Reit | 26 Jan | UOB Kayhian | $1.16 | $1.52 | Buy | DDM |
| Mapletree Ind Trust | 25 Jan | CGS CIMB | $2.59 | $3.16 | Add | |
| Starhill Global Reit | 25 Jan | CGS CIMB | $0.635 | $0.71 | Add | |
| Frasers Centerpoint Trust | 25 Jan | CGS CIMB | $2.28 | $2.92 | Add | |
| Keppel DC Reit | 25 Jan | CGS CIMB | $2.25 | $2.70 | Add | |
| Vicplas International Ltd | 25 Jan | CGS CIMB | $0.235 | $0.275 | Add (Initiate) | P/E |
| ARA LOGOS Logistics Trust | 24 Jan | Lim & Tan | $0.895 | Offer $0.933 | Accept the Offer | |
| Aoxin Q&M Dental Group | 21 Jan | UOB Kayhian | $0.245 | $0.37 | Buy | P/E |
| OCBC | 20 Jan | UOB Kayhian | $12.23 | $16.12 | Buy | |
| Genting Singapore | 20 Jan | UOB Kayhian | $0.78 | $1.08 | Buy | |
| DBS Group | 20 Jan | UOB Kayhian | $35.93 | $40.28 | Buy | |
| ComfortDelgro | 20 Jan | UOB Kayhian | $1.38 | $1.90 | Buy | |
| Keppel Corp | 20 Jan | UOB Kayhian | $5.32 | $6.74 | Buy | |
| ST Engineering | 20 Jan | UOB Kayhian | $3.71 | $4.05 | Buy | |
| Thai Bev | 20 Jan | UOB Kayhian | $0.64 | $0.92 | Buy | |
| City Dev | 20 Jan | UOB Kayhian | $7.10 | $8.50 | Buy | |
| SIA Engineering | 19 Jan | Lim & Tan | $2.18 | $2.75 | Accumulate | P/E |
| Jiutian Chemical | 19 Jan | CGS CIMB | $0.08 | $0.15 | Add | P/E |
| Aztech Global | 19 Jan | CGS CIMB | $0.85 | $1.59 | Add | P/E |
| Wilmar | 19 Jan | UOB Kayhian | $4.24 | $6.00 | Buy | SOTP |
| Venture Corp | 18 Jan | CGS CIMB | $18.14 | $23.32 | Add | P/E |
| Nanofilm | 18 Jan | CGS CIMB | $3.48 | $3.92 | Add | P/E |
| GKE Corp | 18 Jan | CGS CIMB | $0.12 | $0.16 | Add | SOP |
| Straits Trading | 18 Jan | Lim & Tan | $3.40 | $3.90 | Buy | |
| SIIC Environment | 18 Jan | Lim & Tan | $0.24 | Accumulate | ||
| HongKong Land | 17 Jan | DBS Group | US$5.45 | US$6.64 | Buy | NAV |
| UOL | 17 Jan | CGS CIMB | $7.12 | $8.00 | Add | RNAV |
| City Dev | 17 Jan | CGS CIMB | $7.11 | $8.97 | Add | RNAV |
| SIA Engineering | 17 Jan | OCBC | $2.17 | $2.68 | Buy | |
| Q & M Dental | 17 Jan | Lim & Tan | $0.61 | $0.80 | Buy (Consensus) | |
| United Overseas Bank | 17 Jan | Phillip Securities | $29.93 | $31.30 | Buy | GGM |
| Digital Core Reit | 14 Jan | DBS Vickers | US$1.18 | US$1.40 | Buy (Initiate) | DCF |
| Yangzijiang | 14 Jan | UOB Kayhian | $1.35 | $2.00 | Buy | |
| SembMarine | 14 Jan | UOB Kayhian | $0.082 | $0.11 | Buy | |
| SembCorp Ind | 14 Jan | UOB Kayhian | $2.14 | $2.59 | Buy | |
| Keppel Corp | 14 Jan | UOB Kayhian | $5.17 | $6.74 | Buy | |
| IFAST | 13 Jan | UOB Kayhian | $7.86 | $9.75 | Buy | DCF |
| Grand Venture Technology | 12 Jan | CGS CIMB | $1.16 | $1.74 | Add | P/E |
| AEM | 12 Jan | CGS CIMB | $5.22 | $7.90 | Add | P/E |
| Mapletree Commercial Trust | 12 Jan | KGI Fraser | $1.82 | $2.24 | Buy (Consensus) | |
| United Hampshire US Reit | 12 Jan | UOB Kayhian | US$0.66 | US$0.95 | Buy | DDM |
| Wilmar | 11 Jan | Maybank Kim Eng | $4.30 | $5.80 | Buy | |
| UOB | 11 Jan | Maybank Kim Eng | $29.16 | $31.15 | Buy | |
| Thai Bev | 11 Jan | Maybank Kim Eng | $0.66 | $0.99 | Buy | |
| Singtel | 11 Jan | Maybank Kim Eng | $2.33 | $2.83 | Buy | |
| OCBC | 11 Jan | Maybank Kim Eng | $12.10 | $14.67 | Buy | |
| Frencken Group | 11 Jan | Maybank Kim Eng | $1.81 | $2.50 | Buy | |
| DBS Group | 11 Jan | Maybank Kim Eng | $35.07 | $37.03 | Buy | |
| Bumitama Agri | 11 Jan | Maybank Kim Eng | $0.56 | $0.93 | Buy | |
| BRC Asia | 11 Jan | Lim & Tan | $1.54 | $2.00 | Accumulate | P/E |
| ComfortDelgro | 11 Jan | UOB Kayhian | $1.34 | $1.90 | Buy | P/E |
| AEM | 10 Jan | CGS CIMB | $5.03 | $7.90 | Add | P/E |
| IFAST | 10 Jan | DBS Vickers | $7.85 | $11.37 | Buy | DCF |
| Aztech Global | 10 Jan | UOB Kayhian | $0.885 | $1.55 | Buy | P/E |
| SPH Reit | 7 Jan | CGS CIMB | $0.98 | $1.03 | Add | DDM |
| ComfortDelgro | 7 Jan | Phillip Securities | $1.40 | $1.80 | Buy | |
| Q & M | 7 Jan | Phillip Securities | $0.605 | $0.82 | Buy | |
| Keppel Corp | 7 Jan | Phillip Securities | $5.12 | $7.07 | Buy | |
| City Dev | 7 Jan | Phillip Securities | $6.81 | $9.19 | Buy | |
| DBS Group | 7 Jan | Phillip Securities | $32.66 | $35.90 | Accumulate | |
| Hypens Pharma International Ltd | 6 Jan | CGS CIMB | $0.295 | $0.36 | Add | DCF |
| Pan United | 6 Jan | Lim & Tan | $0.335 | $0.50 | Buy (Consensus) | |
| Far East Hospitality Trust | 6 Jan | UOB Kayhian | $0.60 | $0.74 | Buy | DDM |
| CD Reit | 6 Jan | UOB Kayhian | $1.20 | $1.42 | Buy | DDM |
| Ascott Residence Trust | 6 Jan | UOB Kayhian | $1.04 | $1.29 | Buy | DDM |
| Ho Bee | 5 Jan | DBS Group | $2.80 | $3.80 | Buy | RNAV |
| Capitaland Investment Ltd | 5 Jan | DBS Group | $3.66 | $4.00 | Buy | RNAV |
| City Dev | 5 Jan | DBS Group | $6.89 | $10.50 | Buy | RNAV |
| SembCorp Ind | 5 Jan | CGS CIMB | $2.06 | $2.51 | Add | P/E |
| China Everbright Water Limited | 5 Jan | Lim & Tan | $0.33 | $0.40 (Consensus) | Accumulate | P/E |
| ISDN | 5 Jan | CGS CIMB | $0.73 | $1.00 | Add | P/E |
| Tuan Sing Holdings | 5 Jan | DBS Vickers | $0.46 | $0.66 | Buy | SOTP |
| OCBC | 5 Jan | UOB Kayhian | $11.70 | $16.12 | Buy | P/BV |
| DBS Group | 5 Jan | UOB Kayhian | $33.71 | $40.28 | Buy | P/BV |
| Grand Venture Technology Ltd | 4 Jan | CGS CIMB | $1.18 | $1.74 | Add | P/E |
| Golden Energy & Resources | 4 Jan | Lim & Tan | $0.245 | $0.42 | Buy (Consensus) | P/E |
| CDL Hospitality Trust | 4 Jan | UOB Kayhian | $1.20 | $1.42 | Buy | DDM |
| Kimly Group | 3 Jan | CGS CIMB | $0.41 | $0.56 | Add | P/E |
| Capitaland Investment Ltd | 3 Jan | DBS Group | $3.41 | $4.00 | Buy | SOP |
| Mapletree Commercial Trust | 3 Jan | Maybank Km Eng | $2.00 | $2.35 | Buy | DDM |
| City Dev | 20 Dec | Lim & Tan | $6.78 | $9.20 | Buy | |
| Oxley | 17 Dec | Lim & Tan | $0.183 | $0.28 (Consensus) | Buy | |
| Capitaland Investment Ltd | 17 Dec | Lim & Tan | $3.43 | $4.00 (Consensus) | Accumulate | |
| Singtel | 16 Dec | UOB Kayhian | $2.41 | $2.75 | Buy | DCF |
| City Dev | 15 Dec | CGS CIMB | $7.10 | $8.97 | Add | RNAV |
| UOL | 15 Dec | CGS CIMB | $7.15 | $8.00 | Add | RNAV |
| Capitaland Integrated Commercial Trust | 15 Dec | OCBC | $2.01 | $2.51 | Buy | |
| Koufu Group | 14 Dec | UOB Kayhian | $0.67 | $0.77 | Buy | P/E |
| Keppel Corp | 13 Dec | UOB Kayhian | $5.24 | $6.74 | Buy | |
| DBS Group | 13 Dec | UOB Kayhian | $31.90 | $37.00 | Buy | |
| ComfortDelgro | 13 Dec | UOB Kayhian | $1.39 | $1.99 | Buy | |
| City Dev | 13 Dec | UOB Kayhian | $6.99 | $8.50 | Buy | |
| Capitaland Integrated Commercial Trust | 10 Dec | DBS Vickers | $2.04 | $2.50 | Buy | P/NAV |
| SembCorp Ind | 10 Dec | Lim & Tan | $2.00 | $2.55 (Consensus) | Buy | |
| BRC Asia | 10 Dec | UOB Kayhian | $1.56 | $1.91 | Buy | P/E |
| Aztech Group | 9 Dec | DBS Vickers | $0.925 | $1.67 | Buy | P/E |
| Venture Manufacturing | 9 Dec | DBS Vickers | $18.79 | $22.60 | Buy | P/E |
| Nanofilm Technologies | 9 Dec | DBS Vickers | $3.99 | $4.96 | Buy | P/E |
| Marco Polo Marine | 9 Dec | UOB Kayhian | $0.028 | $0.038 | Buy | P/BV |
| Yangzijiang | 8 Dec | DBS Vickers | $1.32 | $1.95 | Buy | P/E |
| Dairy Farm Intl | 8 Dec | UOB Kayhian | US$3.04 | US$3.60 | Buy | P/E |
| First Resources | 7 Dec | DBS Vickers | $1.49 | $1.83 | Buy | DCF |
| Bumitama Agri | 7 Dec | DBS Vickers | $0.55 | $0.75 | Buy | DCF |
| Micro-Mechanics | 7 Dec | DBS Vickers | $3.17 | $4.05 | Buy | P/E |
| Keppel Corp | 7 Dec | Lim & Tan | $5.31 | $6.68 | Buy (Consensus) | |
| City Dev | 7 Dec | Lim & Tan | $6.83 | $9.00 | Accumulate | |
| Digital Core Reit | 7 Dec | UOB Kayhian | US$1.01 | US$1.18 | Buy | DDM |
| BRC Asia | 6 Dec | CGS CIMB | $1.50 | $2.10 | Add | P/BV |
| Wilmar | 6 Dec | UOB Kayhian | $4.09 | $6.00 | Buy | |
| Civmec | 6 Dec | UOB Kayhian | $0.66 | $0.98 | Buy | P/E |
| Yangzijiang | 6 Dec | UOB Kayhian | $1.29 | $2.00 | Buy | P/E |
| Uni Asia | 6 Dec | UOB Kayhian | $1.30 | $2.34 | Buy | P/E |
| Capitaland Integrated Commercial Trust | 3 Dec | CGS CIMB | $2.07 | $2.57 | Add | DDM |
| Manulife US Reit | 3 Dec | UOB Kayhian | US$0.685 | US$0.87 | Buy | DDM |
| Far East Hospitality Trust | 2 Dec | CGS CIMB | $0.575 | $0.745 | Add | DDM |
| SembCorp Ind | 2 Dec | Lim & Tan | $1.93 | $2.57 (Consensus) | Buy | P/E |
| Spindex Industries | 2 Dec | Lim & Tan | $1.18 | $1.45 | Buy | P/E |
| Frencken Group | 1 Dec | Maybank Kim Eng | $2.12 | $2.50 | Buy | P/E |
| Aztech Group | 1 Dec | Maybank Kim Eng | $0.97 | $1.26 | Buy | P/E |
| UMS | 1 Dec | Maybank Kim Eng | $1.47 | $1.71 | Buy | P/E |
| AEM | 1 Dec | Maybank Kim Eng | $5.15 | $6.23 | Buy | P/E |
| SIA | 1 Dec | CGS CIMB | $4.82 | $5.86 | Add | P/BV |
| Civmec | 1 Dec | Lim & Tan | $0.68 | $0.98 (Consensus) | Buy | P/E |
| Koufu | 30 Nov | DBS Vickers | $0.67 | $0.78 | Buy | P/E |
| Thai Bev | 30 Nov | OCBC | $0.69 | $0.88 | Buy | |
| Manulife US Reit | 30 Nov | CGS CIMB | US$0.71 | US$0.918 | Add | DDM |
| Keppel Reit | 30 Nov | CGS CIMB | $1.11 | $1.29 | Add | DDM |
| Kimly | 30 Nov | DBS Vickers | $0.415 | $0.50 | Buy | P/E |
| OCBC | 30 Nov | DBS Vickers | $11.34 | $14.00 | Buy | P/BV |
| UOB | 30 Nov | DBS Vickers | $26.53 | $31.00 | Buy | P/BV |
| Yangzijiang | 30 Nov | UOB Kayhian | $1.30 | $2.00 | Buy | P/E |
| IX Biopharma | 29 Nov | Phillip Securities | $0.23 | $0.355 | Buy | DCF |
| Thai Bev | 29 Nov | UOB Kayhian | $0.695 | $0.92 | Buy | SOTP |
| Kimly | 26 Nov | DBS Vickers | $0.405 | $0.50 | Buy | P/E |
| Q&M Dental | 26 Nov | DBS Vickers | $0.605 | $0.80 | Buy | SOP |
| Koufu | 26 Nov | Lim & Tan | $0.69 | $0.73 (Consensus) | Buy | P/E |
| Trans China Automotove | 26 Nov | UOB Kayhian | $0.29 | $0.39 | Buy (Inititate) | P/E |
| AEM | 25 Nov | DBS Vickers | $4.95 | $6.04 | Buy | P/E |
| Mapletree North Asia Commercial Trust | 25 Nov | CGS CIMB | $1.05 | $1.13 | Add | DDM |
| SATS | 24 Nov | Lim & Tan | $4.10 | $4.81 | Buy | P/BV |
| City Dev | 24 Nov | UOB Kayhian | $7.06 | $8.50 | Buy | RNAV |
| Mapletree Log Trust | 23 Nov | Maybank Kim Eng | $1.95 | $2.35 | Buy | DDM |
| Keppel Corp | 23 Nov | DBS Vickers | $5.39 | $6.20 | Buy | P/BV |
| IHH Healthcare | 23 Nov | DBS Vickers | $2.13 | $2.32 | Buy | EV/EBITDA |
| ComfortDelgro | 23 Nov | CGS CIMB | $1.52 | $1.80 | Add | P/E |
| Starhub | 23 Nov | CGS CIMB | $1.29 | $1.70 | Add | DCF |
| Uni-Asia Group | 22 Nov | KGI Fraser | $1.34 | $1.56 | Buy | P/BV |
| SembCorp Ind | 22 Nov | UOB Kayhian | $2.03 | $2.59 | Buy | P/BV |
| HR Network Group | 19 Nov | CGS CIMB | $0.80 | $1.15 | Add | P/E |
| ST Engineering | 19 Nov | DBS Vickers | $3.98 | $4.60 | Buy | P/E |
| China Everbright | 19 Nov | Lim & Tan | $0.295 | $0.34 (Consensus) | Buy | P/E |
| Aoxin Q & M Dental Group | 19 Nov | UOB Kayhian | $0.25 | $0.37 | Buy | P/E |
| Raffles Medical Group | 19 Nov | OCBC | $1.39 | $1.65 | Buy | P/E |
| Far East Orchard | 18 Nov | DBS Vickers | $1.10 | $1.70 | Buy | DCF |
| Econ Healthcare Asia | 18 Nov | DBS Vickers | $0.31 | $0.40 | Buy | |
| Kimly | 18 Nov | DBS Vickers | $0.375 | $0.50 | Buy | P/E |
| Keppel Corp | 18 Nov | Phillip Securities | $5.30 | $7.07 | Buy | SOTP |
| Frencken Group | 18 Nov | UOB Kayhian | $2.33 | $2.62 | Buy | P/E |
| SembCorp Ind | 17 Nov | CGS CIMB | $2.05 | $2.51 | Add | P/E |
| City Dev | 17 Nov | CGS CIMB | $7.22 | $8.97 | Add | RNAV |
| Delfi | 17 Nov | CGS CIMB | $0.745 | $1.02 | Add | P/E |
| Bumitama Agri | 17 Nov | Maybank Kim Eng | $0.54 | $0.93 | Buy | P/E |
| ST Engineering | 16 Nov | CGS CIMB | $3.92 | $4.54 | Add | DCF |
| UG Healthcare | 16 Nov | CGS CIMB | $0.295 | $0.42 | Add | P/E |
| OxPay Financial | 16 Nov | KGI Fraser | $0.29 | $0.42 | Buy | P/E |
| Bukit Sembawang | 16 Nov | Lim & Tan | $5.14 | $5.92 | Accumulate | P/E |
| Hongkong Land | 16 Nov | DBS Vickers | US$5.73 | US$6.55 | Buy | NAV |
| SATS | 16 Nov | DBS Vickers | $4.10 | $4.90 | Buy | DCF |
| Ascendas Reit | 16 Nov | Maybank Kim Eng | $3.10 | $3.65 | Buy | DDM |
| Uni Asia | 16 Nov | UOB Kayhian | $1.32 | $2.34 | Buy | P/E |
| Singapore Press Holdings | 16 Nov | UOB Kayhian | $2.33 | $2.36/$2.40 | Accept Offer | |
| Boustead Projects Ltd | 15 Nov | CGS CIMB | $0.99 | $1.40 | Add | RNAV |
| Boustad Singapore | 15 Nov | CGS CIMB | $1.02 | $1.40 | Add | SOP |
| First Resources | 15 Nov | CGS CIMB | $1.58 | $1.76 | Add | P/E |
| APAC Realty | 15 Nov | CGS CIMB | $0.835 | $0.996 | Add | P/E |
| SembCorp Ind | 15 Nov | OCBC | $2.05 | $2.50 | Buy | |
| Sasseur Reit | 15 Nov | Maybank Kim Eng | $0.89 | $1.05 | Buy | DDM |
| UMS | 15 Nov | Maybank Kim Eng | $1.38 | $1.71 | Buy | P/E |
| Golden Agri | 15 Nov | UOB Kayhian | $0.27 | $0.18 | Sell | |
| Food Empire | 15 Nov | UOB Kayhian | $0.79 | $1.30 | Buy | P/E |
| CSE Global | 15 Nov | UOB Kayhian | $0.50 | $0.59 | Buy | P/E |
| Bumitama Agri | 14 Nov | Maybank Kim Eng | $0.56 | $0.93 | Buy | P/E |
| ISDN | 13 Nov | CGS CIMB | $0.65 | $1.00 | Add | P/E |
| Frencken Group | 12 Nov | DBS Vickers | $2.31 | $2.65 | Buy | P/E |
| Fu Yu | 12 Nov | Lim & Tan | $0.29 | $0.37 (Consensus) | Outperform | |
| Q & M Dental | 12 Nov | CGS CIMB | $0.575 | $0.835 | Add | P/E |
| SembCorp Marine | 12 Nov | UOB Kayhian | $0.082 | $0.11 | Buy | P/BV |
| Singtel | 12 Nov | UOB Kayhian | $2.56 | $2.75 | Buy | DCF |
| Frasers Log & Commercial Trust | 12 Nov | UOB Kayhian | $1.49 | $1.79 | Buy | DDM |
| Comfortdelgro | 12 Nov | UOB Kayhian | $1.56 | $1.99 | Buy | P/E |
| CSE Global | 11 Nov | CGS CIMB | $0.512 | $0.61 | Add | P/E |
| Jiutian Chemical Group | 11 Nov | CGS CIMB | $0.08 | $0.14 | Add | P/E |
| Starhub | 11 Nov | CGS CIMB | $1.26 | $1.70 | Add | DCF |
| Propnex | 11 Nov | UOB Kayhian | $1.90 | $2.17 | Buy | P/E |
| SPH | 11 Nov | UOB Kayhian | $2.16 | $2.35 | Accept Takeover Offer | P/BV |
| ST Engineering | 10 Nov | CGS CIMB | $3.81 | $4.54 | Add | DCF |
| AEM | 10 Nov | CGS CIMB | $4.19 | $5.84 | Add | P/E |
| Valuetronics | 10 Nov | Maybank Kim Eng | $0.59 | $0.50 | Sell | P/E |
| Mapletree Log Trust | 10 Nov | OCBC | $1.97 | $2.10 | Buy | |
| Keppel Corp | 10 Nov | DBS Vickers | $5.31 | $6.20 | Buy | P/BV |
| Far East Orchard | 10 Nov | DBS Vickers | $1.12 | $1.70 | Buy | P/BV |
| Food Empire | 10 Nov | LIm & Tan | $0.81 | $1.26 (Consensus) | Accumulate | P/E |
| Japan Foods | 10 Nov | KGI Fraser | $0.41 | $0.56 | Outperform | |
| Manulife US Reit | 10 Nov | UOB Kayhian | US$0.71 | US$0.84 | Buy | DDM |
| Genting Singapore | 10 Nov | UOB Kayhian | $0.82 | $1.08 | Buy | EV//EBITDA |
| Riverstone | 9 Nov | DBS Vickers | $0.78 | $1.28 | Buy | P/E |
| Ho Bee Land | 9 Nov | DBS Vickers | $2.83 | $3.80 | Buy | RNAV |
| EC World Reit | 9 Nov | DBS Vickers | $0.815 | $0.90 | Buy | DCF |
| SIA Engineering | 9 Nov | OCBC | $2.29 | $2.68 | Buy | P/BV |
| Lendlease Global Commercial Reit | 9 Nov | UOB Kayhian | $0.88 | $1.03 | Buy | DDM |
| Manulife US Reit | 8 Nov | OCBC | USD$0.72 | USD$0.83 | Buy | |
| Netlink NBN Trust | 8 Nov | Phillip Securities | $1.01 | $1.03 | Accumulate | DCF |
| Capitaland Investment Ltd | 8 Nov | Phillip Securities | $3.43 | $4.00 | Accumulate | SOTP |
| Singtel | 5 Nov | CGS CIMB | $2.49 | $2.90 | Add | SOP |
| Lendlease Global Commercial Reit | 5 Nov | CGS CIMB | $0.885 | $0.956 | Add | DDM |
| Prime US Reit | 5 Nov | Maybank Kim Eng | US$0.87 | US$1.10 | Buy | DDM |
| DBS Group | 5 Nov | Maybank Kim Eng | $32.21 | $37.03 | Buy | P/BV |
| Venture Corp | 5 Nov | UOB Kayhian | $18.95 | $22.04 | Buy | P/E |
| Overseas Chinese Banking Corp | 5 Nov | UOB Kayhian | $11.87 | $15.35 | Buy | P/BV |
| United Overseas Bank | 5 Nov | Phillip Securities | $27.20 | $29.00 | Accumulate | GGM |
| Parkwaylife Reit | 4 Nov | CGS CIMB | $4.65 | $5.05 | Add | DDM |
| Grand Venture Technology Ltd | 3 Nov | CGS CIMB | $1.34 | $1.69 | Add | P/BV |
| AEM | 3 Nov | CGS CIMB | $4.13 | $5.59 | Add | P/E |
| Manulife US Reit | 3 Nov | CGS CIMB | US$0.695 | US$0.918 | Add | DDM |
| Singapore Post | 3 Nov | CGS CIMB | $0.665 | $0.90 | Add | P/E |
| SPH | 2 Nov | UOB Kayhian | $2.12 | $2.15 | Accept Offer | |
| Ascott Residence Trust | 2 Nov | UOB Kayhian | $1.06 | $1.20 | Buy | DDM |
| Elite Commercial Trust | 2 Nov | CGS CIMB | Euro 0.675 | Euro 0.769 | Add | DDM |
| Yangzijiang | 2 Nov | CGS CIMB | $1.40 | $1.91 | Add | SOP |
| CDL Hospitality | 1 Nov | OCBC | $1.20 | $1.34 | Buy | |
| Tianjin Zhongxin | 1 Nov | Lim & Tan | US$1.12 | US$1.60 | Accumulate | P/E |
| Mapletree Commercial Trust | 1 Nov | UOB Kayhian | $2.18 | $2.48 | Buy | DDM |
| Far East Hospitality | 1 Nov | UOB Kayhian | $0.645 | $0.71 | Buy | DDM |
| Sheng Siong | 1 Nov | Phillip Securities | $1.42 | $1.69 | Accumulate | P/E |
| Mapletree North Asia Commerical Trust | 1 Nov | OCBC | $1.00 | $1.15 | Buy | |
| Wilmar | 1 Nov | CGS CIMB | $4.32 | $6.15 | Add | SOP |
| UOL | 29 Oct | DBS Vickers | $7.26 | $8.40 | Buy | RNAV |
| Sheng Siong | 29 Oct | DBS Vickers | $1.42 | $1.77 | Buy | P/E |
| Mapletree North Asia Trust | 29 Oct | DBS Vickers | $1.00 | $1.30 | Buy | DCF |
| Japfa | 29 Oct | DBS Vickers | $0.695 | $0.89 | Buy | P/E |
| CSE Global | 29 Oct | DBS Vickers | $0.51 | $0.61 | Buy | P/E |
| Bumitama Agri | 29 Oct | DBS Vickers | $0.55 | $0.70 | Buy | DCF |
| Keppel Pacific Oak US Reit | 29 Oct | UOB Kayhian | US$0.795 | US$1.10 | Buy | DDM |
| Keppel Corp | 29 Oct | UOB Kayhian | $5.37 | $6.74 | Buy | RNAV |
| Civmec | 29 Oct | UOB Kayhian | $0.70 | $0.98 | Buy | P/E |
| Uni Asia Group | 29 Oct | UOB Kayhian | $1.46 | $2.34 | Buy (Initiate) | P/E |
| Starhill Global Reit | 28 Oct | CGS CIMB | $0.645 | $0.71 | Add | DDM |
| Keppel Pacific Oak US Reit | 28 Oct | DBS Vickers | US$0.795 | US$0.85 | Buy | DCF |
| Ascendas India Trust | 28 Oct | DBS Vickers | $1.40 | $1.85 | Buy | DDM |
| Frasers Centerpoint Trust | 28 Oct | UOB Kayhian | $2.33 | $2.98 | Buy | DDM |
| Mapletree Commercial Trust | 27 Oct | DBS Vickers | $2.17 | $2.25 | Buy | DCF |
| ESR Reit | 27 Oct | CGS CIMB | $0.475 | $0.538 | Add | DDM |
| Mapletree Ind Trust | 27 Oct | Maybank Kim Eng | $2.73 | $3.35 | Buy | DDM |
| Keppel Reit | 27 Oct | UOB Kayhian | $1.08 | $1.25 | Buy | DDM |
| Thai Bev | 26 Oct | CGS CIMB | $0.715 | $0.84 | Add | P/E |
| Delfi Ltd | 26 Oct | CGS CIMB | $0.75 | $1.02 | Add | P/E |
| ARA LOGOS Logistic Trust | 26 Oct | CGS CIMB | $0.885 | $0.978 | Add | DDM |
| Keppel Corp | 26 Oct | Lim & Tan | $5.48 | $6.44 (Consensus) | Accumulate | |
| Mapletree Log Trust | 26 Oct | Maybank Kim Eng | $1.99 | $2.35 | Buy | DDM |
| IFAST Corporattion | 26 Oct | UOB Kayhian | $9.21 | $11.50 | Buy | DCF |
| Keppel DC Reit | 25 Oct | CGS CIMB | $2.40 | $2.78 | Add | |
| Del Monte | 25 Oct | Phillip Securities | $0.38 | $0.60 | Buy | P/E |
| Suntec Reit | 22 Oct | CGS CIMB | $1.51 | $1.79 | Add | DCF |
| Capitaland Integrated Commercial Trust | 22 Oct | CGS CIMB | $2.13 | $2.56 | Add | DDM |
| Mapletree Log Trust | 21 Oct | Lim & Tan | $1.99 | $2.20 (Consensus) | Accumulate | |
| Wilmar | 21 Oct | UOB Kayhian | $4.36 | $6.40 | Buy | P/E |
| China Sunsine Chemical | 20 Oct | CGS CIMB | $0.515 | $0.77 | Add | P/E |
| UOB | 20 Oct | Maybank Kim Eng | $26.60 | $29.34 | Buy | |
| OCBC | 20 Oct | Maybank Kim Eng | $11.91 | $14.30 | Buy | |
| DBS Group | 20 Oct | Maybank Kim Eng | $30.48 | $35.11 | Buy | |
| IX Biopharma | 20 Oct | Phillip Securities | $0.235 | $0.335 | Buy | DCF |
| SembCorp Ind | 20 Oct | UOB Kayhian | $1.96 | $2.59 | Buy | P/B |
| Ascendas Reit | 19 Oct | DBS | $3.01 | $4.00 | Buy | DCF |
| Frasers Log & Comm Trust | 19 Oct | UOB Kayhian | $1.51 | $1.79 | Buy | DDM |
| Civmec | 19 Oct | UOB Kayhian | $0.705 | $0.98 | Buy | P/E |
| Keppel Corp | 19 Oct | Phillip Securities | $5.53 | $7.07 | Buy | SOTP |
| Jiutian Chemical Group | 18 Oct | CGS CIMB | $0.08 | $0.14 | Add | P/E |
| Rex International | 18 Oct | KGI Fraser | $0.31 | $0.40 | Buy | DCF |
| PropNex | 18 Oct | UOB Kayhian | $1.85 | $1.97 | Buy | P/E |
| ARA LOGOS Logistics Trust | 18 Oct | UOB Kayhian | $0.935 | $1.07 | Accept Offer | DDM |
| Capitaland Investment Ltd | 18 Oct | Phillip Securities | $3.41 | $4.00 | Buy | SOTP |
| UOL | 15 Oct | CGS CIMB | $7.23 | $8.00 | Add | RNAV |
| City Dev | 15 Oct | CGS CIMB | $7.40 | $8.97 | Add | RNAV |
| Spindex Industriels | 15 Oct | Lim & Tan | $1.25 | Buy | ||
| Nanofilm | 15 Oct | CGS CIMB | $3.68 | $4.02 | Add | P/E |
| Aztech Global | 15 Oct | UOB Kayhian | $1.09 | $1.70 | Buy | P/E |
| Fortress Minerals | 15 Oct | Phillip Securities | $0.465 | $0.51 | Accumulate | |
| Koufu Group | 14 Oct | UOB Kayhian | $0.66 | $0.77 | Buy | P/E |
| Frencken Group | 14 Oct | UOB Kayhian | $2.09 | $2.62 | Buy | P/E |
| Capitaland Integrated Commercial Trust | 14 Oct | UOB Kayhian | $2.11 | $2.40 | Buy | DDM |
| Q & M | 13 Oct | Maybank Kim Eng | $0.57 | $0.85 | Buy | |
| Raffles Medical | 13 Oct | Maybank Kim Eng | $1.50 | $1.68 | Buy | DCF |
| AIMS APAC Reit | 13 Oct | Maybank Kim Eng | $1.46 | $1.60 | Buy | DDM |
| Rex International | 11 Oct | UOB Kayhian | $0.245 | $0.46 | Buy | P/E |
| Q & M Dental | 11 Oct | CGS CIMB | $0.61 | $0.89 | Add | P/E |
| Starhub | 8 Oct | CGS CIMB | $1.23 | 1.65 | Add | |
| Singtel | 8 Oct | CGS CIMB | $2.47 | $2.90 | Add | |
| Netlink NBN Trust | 8 Oct | CGS CIMB | $0.99 | $1.10 | Add | |
| Frencken | 8 Oct | Maybank Kim Eng | $2.16 | $2.63 | Buy | P/E |
| UMS | 8 Oct | Maybank Kim Eng | $1.58 | $2.10 | Buy | P/E |
| AEM | 8 Oct | Maybank Kim Eng | $3.94 | $5.77 | Buy | P/E |
| Capitaland China Trust | 8 Oct | DBS | $1.24 | $1.60 | Buy | P/BV |
| ARA LOGOS Logistic Trust | 8 Oct | UOB Kayhian | $0.905 | $1.07 | Buy | DDM |
| Keppel Corp | 8 Oct | Lim & Tan | $5.22 | $6.37 (Consensus) | Accumulate | P/BV |
| Grand Venture Technology Ltd | 7 Oct | CGS CIMB | $1.24 | $1.41 | Add | P/E |
| Comfortdelgro | 7 Oct | Lim & Tan | $1.51 | $1.92 | Buy | P/E |
| Singapore Press Holdings | 7 Oct | UOB Kayhian | $1.98 | $2.10 | Accept the Offer | SOTP |
| UHReit | 6 Oct | Lim & Tan | USD$0.665 | USD$0.87 (Consensus) | Buy | DDM |
| PropNex | 6 Oct | UOB Kayhian | $1.69 | $1.97 | Buy | P/E |
| SPH Reit | 5 Oct | CGS CIMB | $0.93 | $1.03 | Add | DDM |
| Q & M | 5 Oct | Lim & Tan | $0.565 | $0.85 | Buy | P/E |
| City Dev | 5 Oct | CGS CIMB | $6.92 | $8.97 | Add | RNAV |
| Riverstone | 4 Oct | DBS Vickers | $0.885 | $1.28 | Buy | P/E |
| Rex International | 4 Oct | Lim & Tan | $0.21 | $0.38 (Consensus) | Buy | P/E |
| AIMS APAC Reit | 4 Oct | Maybank Kim Eng | $1.42 | $1.60 | Buy | DDM |
| ST Engineering | 4 Oct | CGS CIMB | $3.78 | $4.54 | Add | P/E |
| Singtel | 1 Oct | CGS CIMB | $2.46 | $2.90 | Add | SOP |
| China Sunsine Chemical | 30 Sept | CGS CIMB | $0.495 | $0.695 | Add | P/E |
| Wilmar | 28 Sept | CGS CIMB | $4.18 | $6.15 | Add | SOP |
| SembCorp Ind | 28 Sept | CGS CIMB | $1.84 | $2.51 | Add | P/E |
| Delfi Ltd | 28 Sept | CGS CIMB | $0.765 | $1.02 | Add | P/E |
| LNH | 28 Sept | KGI Fraser | $0.31 | $0.49 | Buy | P/E |
| Singapore Exchange | 28 Sept | Lim & Tan | $10.10 | $10.80 (Consensus) | Accumulate | P/E |
| Koufu | 27 Sept | CGS CIMB | $0.64 | $0.80 | Add | |
| Kimly Food | 27 Sept | CGS CIMB | $0.38 | $0.46 | Add | |
| Centurion | 27 Sept | Lim & Tan | $0.34 | $0.40 (Consensus) | Buy | P/E |
| Food Empire | 27 Sept | Lim & Tan | $0.76 | $1.26 (Consensus) | Accumulate | P/E |
| Yangzijiang | 27 Sept | UOB Kayhian | $1.43 | $2.00 | Buy | |
| SembCorp Marine | 27 Sept | UOB Kayhian | $0.081 | $0.11 | Buy | |
| SembCorp Ind | 27 Sept | UOB Kayhian | $1.85 | $2.59 | Buy | |
| Keppel Corp | 27 Sept | UOB Kayhian | $5.22 | $6.48 | Buy | |
| Wilmar | 26 Sept | Maybank Kim Eng | $4.08 | $6.03 | Buy | |
| DBS Group | 26 Sept | Maybank Kim Eng | $29.35 | $35.11 | Buy | |
| Ascendas Reit | 26 Sept | Maybank Kim Eng | $3.10 | $3.65 | Buy | |
| Singtel | 23 Sept | Lim & Tan | $2.47 | $2.94 (Consensus) | Accumulate | P/E |
| Starhub | 22 Sept | CGS CIMB | $1.23 | $1.65 | Add | DCF |
| Thai Bev | 21 Sept | CGS CIMB | $0.645 | $0.84 | Add | P/E |
| BRC Asia | 21 Sept | UOB Kayhian | $1.48 | $1.76 | Buy | P/E |
| Roxy Pacific | 20 Sept | Lim & Tan | $0.405 | Accept the Offer $0.48 | P/BV | |
| City Dev | 20 Sept | Phillip Securities | $7.25 | $9.19 | Buy | RNAV |
| Yangzijiang | 20 Sept | UOB Kayhian | $1.48 | $2.00 | Buy | P/E |
| HongKong Land | 17 Sept | LIm & Tan | US$4.67 | US$5.90 | Accumulate | P/BV |
| ComfortDelgro | 16 Sept | Maybank Kim Eng | $1.60 | $1.88 | Buy | |
| UMS | 16 Sept | Maybank Kim Eng | $1.71 | $2.10 | Buy | P/E |
| Keppel Corp | 16 Sept | CGS CIMB | $5.25 | $6.90 | Add | SOP |
| Ascott Residence Trust | 16 Sept | UOB Kayhian | $0.98 | $1.16 | Buy | DDM |
| UOL | 15 Sept | CGS CIMB | $6.96 | $8.00 | Add | RNAV |
| City Dev | 15 Sept | CGS CIMB | $7.06 | $8.97 | Add | RNAV |
| Rex Intl | 15 Sept | KGI Fraser | $0.2 | $0.33 | Outperform | |
| Frencken Group | 15 Sept | UOB Kayhian | $2.32 | $2.62 | Buy | P/E |
| Q & M Dental Group | 14 Sept | Maybank Kim Eng | $0.57 | $0.85 | Buy | P/E |
| ST Engineering | 14 Sept | UOB Kayhian | $3.76 | $4.25 | Buy | EV/Invested Capital |
| ISDN | 13 Sept | UOB Kayhian | $0.675 | $0.85 | Add | P/E |
| City Dev | 13 Sept | Lim & Tan | $6.67 | $9.23 | Accumulate | P/BV |
| Starhub | 10 Sept | CGS CIMB | $1.22 | $1.65 | Add | |
| Singtel | 10 Sept | CGS CIMB | $2.40 | $2.90 | Add | |
| Delfi | 10 Sept | CGS CIMB | $0.775 | $1.02 | Add | P/E |
| Sunpower | 9 Sept | UOB Kayhian | $0.655 | $1.03 | Buy | SOTP |
| Japfa | 8 Sept | CGS CIMB | $0.72 | $1.06 | Add | P/E |
| Civmec | 8 Sept | KGI Fraser | $0.68 | $0.89 | Outperform | P/E |
| Manulife US Reit | 8 Sept | KGI Fraser | USD$0.73 | USD$0.82 | Outperform | |
| Innotek | 8 Sept | UOB Kayhian | $0.845 | $1.20 | Buy | P/E |
| SingPost | 7 Sept | OCBC | $0.66 | $0.78 | Buy | P/E |
| Far East Hospitality | 7 Sept | CGS CIMB | $0.615 | $0.745 | Add | DDM |
| Wilmar | 7 Sept | UOB Kayhian | $4.20 | $6.40 | Buy | P/E |
| HongKong Land | 7 Sept | CGS CIMB | US$4.20 | US$5.70 | Add | NAV |
| HR Networks | 6 Sept | CGS CIMB | $0.80 | $1.15 | Add | P/E |
| UMS | 6 Sept | CGS CIMB | $1.70 | $1.97 | Add | |
| AEM | 6 Sept | CGS CIMB | $4.11 | $4.78 | Add | |
| SembCorp Marine | 6 Sept | UOB Kayhian | $0.086 | $0.11 | Buy | P/BV |
| Yangzijiang | 3 Sept | CGS CIMB | $1.66 | $1.91 | Add | SOP |
| Aztech Global | 3 Sept | UOB Kayhian | $1.07 | $1.82 | Add | P/E |
| Sunpower | 3 Sept | KGI Fraser | $0.61 | $1.22 | Outperform | DCF |
| CSE Global | 3 Sept | CGS CIMB | $0.48 | $0.61 | Add | P/E |
| Lendlease Global Commercial Reit | 2 Sept | DBS Vickers | $0.89 | $1.05 | Buy | DCF |
| Food Empire | 2 Sept | UOB Kayhian | $0.78 | $1.30 | Buy | P/E |
| Elite Commercial Reit | 1 Sept | CGS CIMB | GBP 0.67 | GBP 0.826 | Add | DDM |
Comments
In any case, thank you for the efforts!
Kingsley
www.theholyfinancier.com