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) |
| Counter | Date | Broking House | Last Done Price | Target Price | Buy Sell Hold | Valuation Methodology |
| 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 |
| CDL Hospitality Trust | 31 Aug | CGS CIMB | $1.17 | $1.32 | Add | |
| AEM | 31 Aug | CGS CIMB | $4.00 | $4.78 | Add | P/E |
| Oxley Holdings | 31 Aug | UOB Kayhian | $0.22 | $0.28 | Buy | P/E |
| Keppel Reit | 30 Aug | DBS Vickers | $1.08 | $1.40 | Buy | DCF |
| Hong Leong Asia | 30 Aug | CGS CIMB | $0.835 | $1.05 | Add | SOP |
| Geo Energy | 30 Aug | KGI Fraser | $0.23 | $0.42 | Outperform | P/E |
| Netlink Trust | 30 Aug | Phillip Securities | $0.97 | $1.03 | Accumulate | DCF |
| Koda Ltd | 30 Aug | Phillip Securities | $0.81 | $1.10 | Buy | P/E |
| BRC Asia | 30 Aug | Phillip Securities | $1.52 | $1.79 | Buy | P/E |
| Comfortdelgro | 27 Aug | CGS CIMB | $1.60 | $1.80 | Add | P/E |
| Silverlake Axis | 27 Aug | CGS CIMB | $0.26 | $0.37 | Add | P/E |
| Wing Tai | 27 Aug | Lim & Tan | $1.83 | Accumulate | RNAV | |
| SPH Reit | 26 Aug | CGS CIMB | $0.89 | $1.04 | Add | DDM |
| Japfa | 25 Aug | DBS | $0.675 | $1.05 | Buy | EV/EBITDA |
| Spindex Group | 25 Aug | Lim & Tan | $1.20 | Accumulate | P/E | |
| Golden Energy & Resources | 25 Aug | KGI Fraser | $0.27 | $0.64 | Outperform | DCF |
| Netlink NBN Trust | 24 Aug | CGS CIMB | $0.97 | $1.10 | Add | DDM |
| Fu Yu Corp | 24 Aug | CGS CIMB | $0.325 | $0.33 | Add | P/BV |
| Frencken Group | 24 Aug | UOB Kayhian | $2.16 | $2.52 | Buy | P/E |
| Keppel Pacific Oak US Reit | 24 Aug | UOB Kayhian | US$0.745 | US$1.10 | Buy | DDM |
| Aztech Global | 23 Aug | Maybank Kim Eng | $1.06 | $1.86 | Buy | |
| UMS | 23 Aug | Maybank Kim Eng | $1.64 | $2.10 | Buy | |
| Venture Group | 23 Aug | Maybank Kim Eng | $19.21 | $25.13 | Buy | |
| AEM | 23 Aug | Maybank Kim Eng | $3.94 | $5.77 | Buy | |
| China Yuchai Intl | 23 Aug | CGS CIMB | US$14.10 | US$19.00 | Add | P/E |
| Genting Singapore | 23 Aug | UOB Kayhian | $0.805 | $1.08 | Buy | EV/EBITDA |
| China Sunsine | 23 Aug | UOB Kayhian | $0.51 | $0.695 | Buy | P/E |
| Thai Bev | 23 Aug | Phillip Securities | $0.67 | $0.86 | Buy | P/E |
| Q & M Dental Group | 23 Aug | Phillip Securities | $0.775 | $0.98 | Buy | P/E |
| Wilmar | 23 Aug | CGS CIMB | $4.27 | $6.15 | Add | SOP |
| ARA Hospitality Trust | 20 Aug | DBS Vickers | US$0.495 | US$0.75 | Buy | WACC |
| Hong Leong Asia | 20 Aug | CGS CIMB | $0.835 | $1.05 | Add | SOP |
| Thai Beverage | 18 Aug | OCBC | $0.69 | $0.91 | Buy | P/E |
| Rex Intl | 18 Aug | KGI Fraser | $0.19 | $0.33 | Outperform | DCF |
| Lendlease Global Commercial Reit | 18 Aug | UOB Kayhian | $0.85 | $1.01 | Buy | DDM |
| Centurion Corp | 18 Aug | UOB Kayhian | $0.34 | $0.43 | Buy | P/BV |
| PropNex | 17 Aug | Lim & Tan | $1.88 | $2.19 | Accumulate | P/E |
| Venture Corp | 17 Aug | OCBC | $19.47 | $21.66 | Buy | P/E |
| Singtel | 17 Aug | Phillip Securities | $2.40 | $2.52 | Accumulate | SOTP |
| China Sunsine Chemical Holdings | 17 Aug | CGS CIMB | $0.52 | $0.68 | Buy | P/E |
| Q&M Dental | 17 Aug | Maybank Kim Eng | $0.81 | $1.03 | Buy | P/E |
| Tianjin Zhongxin | 17 Aug | Lim & Tan | US$1.28 | US$1.60 | Buy | P/E |
| Fraser Log & Commercial Trust | 17 Aug | UOB Kayhian | $1.52 | $1.79 | Buy | DDM |
| Uni Asia | 17 Aug | KGI Fraser | $1.09 | $1.56 | Buy | P/BV |
| GHY Culture & Media Hldgs | 17 Aug | UOB Kayhian | $0.63 | $1.05 | Buy | P/E |
| UMS | 16 Aug | CGS CIMB | $1.75 | $1.97 | Add | P/E |
| Nanofilm Technologies | 16 Aug | CGS CIMB | $4.25 | $5.05 | Add | P/E |
| ISDN | 16 Aug | CGS CIMB | $0.735 | $0.85 | Add | P/E |
| HR Networks | 16 Aug | CGS CIMB | $0.80 | $1.15 | Add | P/E |
| Frencken Group | 16 Aug | CGS CIMB | $2.23 | $2.49 | Add | P/E |
| ESR Reit | 16 Aug | Maybank Kim Eng | $0.46 | $0.55 | Buy | P/BV |
| Wilmar | 16 Aug | UOB Kayhian | $4.44 | $6.40 | Buy | P/E |
| Thai Bev | 16 Aug | UOB Kayhian | $0.665 | $0.92 | Buy | SOTP |
| ComfortDelgro | 16 Aug | UOB Kayhian | $1.62 | $1.90 | Buy | P/E |
| PropNex | 16 Aug | Phillip Securities | $1.90 | $2.08 | Buy | DCF |
| Asian Pay TV | 16 Aug | Phillip Securities | $0.131 | $0.15 | Buy | EV/EBITDA |
| Bumitama Agri | 15 Aug | Maybank Kim Eng | $0.47 | $0.93 | Buy | P/E |
| First Resources | 15 Aug | Maybank Kim Eng | $1.40 | $1.81 | Buy | P/E |
| Q & M | 13 Aug | CGS CIMB | $0.81 | $0.97 | Add | P/E |
| Sasseur Reit | 13 Aug | CGS CIMB | $0.95 | $1.03 | Add | DDM |
| APAC Realty Ltd | 13 Aug | CGS CIMB | $0.89 | $0.96 | Add | P/E |
| ST Engineering | 13 Aug | OCBC | $4.08 | $4.40 | Buy | |
| UOL | 13 Aug | OCBC | $7.23 | $9.27 | Buy | RNAV |
| Innotek | 13 Aug | Lim & Tan | $0.915 | Accumulate | P/E | |
| Singtel | 13 Aug | UOB Kayhian | $2.37 | $2.75 | Buy | DCF |
| Genting Singapore | 13 Aug | UOB Kayhian | $0.80 | $1.08 | Buy | EV/EBITDA |
| City Dev | 13 Aug | UOB Kayhian | $6.76 | $8.50 | Buy | RNAV |
| Manulife US Reit | 12 Aug | Maybank Kim Eng | US$0.77 | US$1.00 | Buy | DDM |
| Civmec | 12 Aug | KGI Fraser | $0.76 | $0.86 | Outperform | P/E |
| City Dev | 12 Aug | Lim & Tan | $6.61 | Accumulate | ||
| Keppel Reit | 12 Aug | UOB Kayhian | $1.13 | $1.49 | Buy | DDM |
| Koufu | 12 Aug | UOB Kayhian | $0.67 | $0.77 | Buy | P/E |
| Wilmar | 12 Aug | UOB Kayhian | $4.49 | $6.40 | Buy | P/E |
| Grand Venture Technology Ltd | 11 Aug | CGS CIMB | $1.23 | $1.41 | Add | P/BV |
| BRC Asia | 11 Aug | UOB Kayhian | $1.51 | $2.00 | Buy | P/E |
| Frasers Logistics & Commercial Trust | 10 Aug | UOB Kayhian | $1.52 | $1.79 | Buy | DDM |
| Yangzijiang | 10 Aug | UOB Kayhian | $1.50 | $2.00 | Buy | P/E |
| Venture Corp | 10 Aug | UOB Kayhian | $19.40 | $23.57 | Buy | P/E |
| SembCorp Ind | 10 Aug | UOB Kayhian | $2.00 | $2.59 | Buy | P/BV |
| Genting Singapore | 9 Aug | Maybank Kim Eng | $0.79 | $1.16 | Buy | DCF |
| AEM | 9 Aug | Maybank Kim Eng | $4.17 | $5.77 | Buy | P/E |
| Genting Singapore | 9 Aug | Maybank Kim Eng | $0.79 | $1.16 | Buy | DCF |
| Sarine Technologies | 5 Aug | Maybank Kim Eng | $0.75 | $0.94 | Buy | DCF |
| DBS Group | 5 Aug | OCBC | $30.58 | $34.00 | Buy | |
| Oversea-Chinese Banking Corp | 5 Aug | Phillip Securities | $12.24 | $15.65 | Buy | P/BV |
| United Overseas Bank | 5 Aug | Phillip Securities | $26.31 | $29.00 | Accumulate | GGM |
| Prime US Reit | 5 Aug | Phillip Securities | USD 0.825 | USD 0.94 | Buy | DDM |
| Sheng Siong Group | 4 Aug | OCBC | $1.55 | $1.73 | Buy | |
| First Sponsor Group Limited | 4 Aug | Phillip Securities | $1.36 | $1.56 | Accumulate | SOTP |
| IFS Capital | 4 Aug | KGI Fraser | $0.19 | $0.29 | Buy | BVPS |
| Singapore Medical Group | 4 Aug | UOB Kayhian | $0.33 | $0.48 | Buy | P/E |
| China Aviation Oil | 4 Aug | RHB | $1.02 | $1.20 | Buy | P/E |
| Wilmar | 3 Aug | RHB | $4.30 | $5.75 | Buy | P/E |
| Ascendas Reit | 3 Aug | Maybank Kim Eng | $3.12 | $3.65 | Buy | DDM |
| Far East Hospitality | 2 Aug | OCBC | $0.58 | $0.64 | Buy | |
| SPH | 2 Aug | CGS CIMB | $1.88 | $2.19 | Buy | SOP |
| Keppel Corp | 2 Aug | CGS CIMB | $5.49 | $6.90 | Add | SOP |
| Credit Burea Asia | 2 Aug | CGS CIMB | $1.30 | $1.53 | Add | DCF |
| SembCorp Ind | 2 Aug | CGS CIMB | $2.09 | $2.43 | Add | P/E |
| Dairy Farm Int'l Hldgs | 2 Aug | UOB Kayhian | US$3.76 | US$4.53 | Buy | P/E |
| Aztech Global | 2 Aug | UOB Kayhian | $1.27 | $1.86 | Buy | P/E |
| Yangzijiang | 2 Aug | CGS CIMB | $1.37 | $1.91 | Add | SOP |
| IFAST | 2 Aug | CGS CIMB | $8.02 | $12.50 | Add | DCF |
| CDL Hospitality Trust | 31 July | CGS CIMB | $1.21 | $1.32 | Add | DDM |
| Far East Hospitality Trust | 31 July | CGS CIMB | $0.58 | $0.745 | Add | DDM |
| Japfa | 30 July | CGS CIMB | $0.765 | $1.06 | Add | P/E |
| CapitaLand China Trust | 30 July | OCBC | $1.38 | $1.56 | Buy | |
| Starhill Global Reit | 30 July | CGS CIMB | $0.62 | $0.71 | Add | DDM |
| HongKong Land | 30 July | Lim & Tan | US$4.57 | US$6.03 | Buy | |
| Mapletree Ind Trust | 30 July | UOB Kayhian | $2.98 | $3.63 | Buy | DDM |
| Keppel Corp | 30 July | UOB Kayhian | $5.39 | $6.48 | Buy | SOTP |
| UOB | 29 July | CGS CIMB | $25.92 | $28.84 | Add | |
| OCBC | 29 July | CGS CIMB | $12.07 | $13.75 | Add | |
| DBS Group | 29 July | CGS CIMB | $30.07 | $32.64 | Add | |
| Aztech Group | 29 July | UOB Kayhian | $1.23 | $1.86 | Buy | P/E |
| Innotek Holdings | 29 July | UOB Kayhian | $0.855 | $1.20 | Buy | P/E |
| UMS Holdings | 29 July | UOB Kayhian | $1.54 | $1.92 | Buy | P/E |
| ISDN | 28 July | CGS CIMB | $0.71 | $0.844 | Add | P/E |
| Capitaland Integrated Commercial Trust | 28 July | OCBC | $2.10 | $2.53 | Buy | |
| Mapletree Ind Trust | 28 July | CGS CIMB | $2.94 | $3.16 | Add | DDM |
| Singtel | 28 July | UOB Kayhian | $2.23 | $2.84 | Buy | EV/EBITDA |
| Netlink NBN Trust | 28 July | UOB Kayhian | $0.985 | $1.08 | Buy | EV/EBITDA |
| Keppel Reit | 28 July | Maybank Kim Eng | $1.20 | $0.95 | Sell | DDM |
| Parkway Life Reit | 27 July | CGS CIMB | $4.69 | $5.05 | Add | DDM |
| Mapletree North Asia Trust | 27 July | CGS CIMB | $1.04 | $1.12 | Add | DDM |
| Ascott Residence Trust | 27 July | Maybank Kim Eng | $1.01 | $1.30 | Buy | DDM |
| AEM Holdings | 27 July | Maybank Kim Eng | $3.98 | $5.56 | Buy | P/E |
| Aztech Global | 27 July | Maybank Kim Eng | $3.98 | $5.56 | Buy | P/E |
| Hutchison Port Holdings Trust | 27 July | OCBC | $0.225 | $0.25 | Buy | |
| Keppel DC Reit | 27 July | CGS CIMB | $2.56 | $2.84 | Add | DDM |
| Raffles Medical Group | 27 July | UOB Kayhian | $1.32 | $1.43 | Buy | DCF |
| ST Engineering | 27 July | UOB Kayhian | $3.96 | $4.26 | Buy | P/E |
| Frasers Centerpoint Trust | 26 July | OCBC | $2.38 | $2.78 | Buy | |
| Dasin Retail Trust | 26 July | Phillip Securities | $0.52 | $0.78 | Accumulate | DDM |
| Capitaland | 26 July | Phillip Securities | $4.00 | $4.38 | Buy | RNAV |
| Mapletree Commercial Trust | 26 July | Maybank Kim Eng | $2.14 | $2.35 | Buy | DDM |
| IFAST | 26 July | UOB Kayhian | $9.18 | $11.50 | Buy | DCF |
| Frasers Centerpoint Trust | 26 July | UOB Kayhian | $2.41 | $3.06 | Buy | DDM |
| HR Networks | 24 July | Maybank Kim Eng | $0.78 | $0.99 | Initiate Buy | P/E |
| SIA Engineering | 23 July | CGS CIMB | $2.08 | $2.85 | Add | P/BV |
| ESR Reit | 23 July | CGS CIMB | $0.44 | $0.525 | Add | DDM |
| SATS Ltd | 23 July | OCBC | $3.87 | $4.80 | Buy | |
| UOB | 23 July | DBS Vickers | $25.92 | $29.20 | Buy | P/BV |
| OCBC | 23 July | DBS Vickers | $12.12 | $14.00 | Buy | P/BV |
| Suntec Reit | 23 July | UOB Kayhian | $1.49 | $1.78 | Buy | DDM |
| ARA LOGOS Logistic Trust | 23 July | UOB Kayhian | $0.87 | $1.02 | Buy | DDM |
| Don Agro International | 23 July | KGI Fraser | $0.39 | $0.64 | Buy (Initiation) | DCF |
| Koda Ltd | 23 July | Phillip Securities | $0.80 | $1.32 | Buy (Initiation) | P/E |
| SATS | 22 July | CGS CIMB | $3.87 | $4.30 | Add | DCF |
| Elite Commercial Reit | 22 July | DBS Vickers | GBP 0.67 | GBP 0.80 | Buy (Initiation) | DCF |
| Yangzijiang | 22 July | Lim & Tan | $1.36 | $1.64 | Accumulate | P/E |
| Wilmar | 22 July | UOB Kayhian | $4.46 | $6.40 | Buy | P/E |
| Frasers Centerpoint Trust | 21 July | DBS Vickers | $2.42 | $3.00 | Buy | |
| Capitaland | 21 July | RHB | $3.88 | $4.40 | Buy | RNAV |
| SPH | 21 July | UOB Kayhian | $1.80 | $2.00 | Buy | SOTP |
| Mapletree Log Trust | 20 July | Maybank Kim Eng | $2.10 | $2.35 | Buy | DDM |
| OCBC | 19 July | UOB Kayhian | $12.07 | $15.52 | Buy | |
| DBS Group | 19 July | UOB Kayhian | $30.12 | $35.60 | Buy | |
| KSH Holdings | 16 July | Lim & Tan | $0.375 | Accumulate | P/E | |
| Mapletree Ind Trust | 16 July | UOB Kayhian | $2.83 | $3.62 | Buy | DDM |
| Frasers Centerpoint Trust | 16 July | UOB Kayhian | $2.46 | $3.06 | Buy | DDM |
| HR Networks | 16 July | Phillip Securities | $0.77 | $1.00 | Buy | P/E |
| Fortress Minerals | 16 July | Phillip Securities | $0.68 | $0.81 | Buy | P/E |
| Comfortdelgro | 15 July | CGS CIMB | $1.60 | $1.90 | Buy | P/E |
| Parkwaylife Reit | 15 July | CGS CIMB | $4.77 | $5.05 | Add | DDM |
| Capitaland Integrated Commercial Trust | 14 July | Maybank Kim Eng | $1.61 | $1.88 | Buy | |
| ComfortDelgro | 14 July | Maybank Kim Eng | $1.68 | $1.88 | Buy | |
| UMS | 14 July | Maybank Kim Eng | $1.58 | $1.80 | Buy | |
| Marco Polo Marine | 14 July | UOB Kayhian | $0.028 | $0.036 | Buy | P/BV |
| Starhill Global | 13 July | DBS Vickers | $0.595 | $0.75 | Buy | P/NAV |
| Singapore Exchange | 13 July | UOB Kayhian | $11.22 | $12.35 | Buy | P/E |
| Raffles Medical | 12 July | CGS CIMB | $1.21 | $1.40 | Add | SOP |
| Jiutian Chemical | 12 July | KGI Fraser | $0.085 | $0.145 | Outperform | P/E |
| Singtel | 12 July | UOB Kayhian | $2.26 | $2.84 | Buy | |
| Thai Bev | 12 July | UOB Kayhian | $0.665 | $0.92 | Buy | |
| Venture Corp | 12 July | UOB Kayhian | $18.92 | $23.47 | Buy | |
| Silverlake Axis | 9 July | CGS CIMB | $0.28 | $0.35 | Add | P/E |
| UOB | 8 July | Phillip Securities | $25.93 | $28.70 | Buy | P/BV |
| OCBC | 8 July | Phillip Securities | $11.89 | $14.63 | Buy | P/BV |
| DBS Group | 8 July | Phillip Securities | $30.09 | $31.40 | Accumulate | P/BV |
| Golden Energy | 8 July | UOB Kayhian | $0.33 | $0.54 | Buy | |
| Uni Asia Group | 7 July | KGI Fraser | $0.93 | $1.42 | Buy | P/BV |
| Yangzijiang | 7 July | UOB Kayhian | $1.43 | $1.90 | Buy | |
| SembCorp Ind | 7 July | UOB Kayhian | $2.18 | $2.59 | Buy | |
| Keppel Corp | 7 July | UOB Kayhian | $5.42 | $6.37 | Buy | |
| Far East Hospitality Trust | 6 July | CGS CIMB | $0.59 | $0.745 | Add | |
| CDL Hospitality Trust | 6 July | CGS CIMB | $1.25 | $1.43 | Add | |
| Ascott Residence Trust | 6 July | CGS CIMB | $1.03 | $1.20 | Add | |
| Bukit Sembawang | 6 July | Lim & Tan | $5.26 | $6.00 | Buy | RNAV |
| Q & M | 6 July | Phillip Securities | $0.795 | $1.00 | Buy | |
| Keppel Corp | 6 July | Phillip Securities | $5.47 | $6.12 | Buy | |
| Ascendas Reit | 6 July | Maybank Kim Eng | $2.94 | $3.65 | Buy | |
| Thai Bev | 6 July | Maybank Kim Eng | $0.67 | $0.99 | Buy | |
| AEM | 6 July | Maybank Kim Eng | $3.91 | $5.56 | Buy | |
| ST Engineering | 6 July | UOB Kayhian | $3.90 | $4.26 | Buy | EV/Invested Capital |
| Suntec Reit | 5 July | OCBC | $1.49 | $1.58 | Buy | |
| ISDN | 5 July | KGI Fraser | $0.74 | $0.85 | Buy | P/E |
| Singtel | 5 July | UOB Kayhian | $2.27 | $2.84 | Buy | DCF |
| Netlink Trust | 5 July | UOB Kayhian | $0.955 | $1.08 | Buy | EV/EBITDA |
| ST Engineering | 5 July | CGS CIMB | $3.85 | $4.41 | Add | P/E |
| Capitaland | 2 July | Lim & Tan | $3.70 | $4.18 | Buy | RNAV |
| Innotek | 2 July | UOB Kayhian | $0.96 | $1.20 | Buy | |
| Frasers Log & Comm Trust | 2 July | UOB Kayhian | $1.43 | $1.79 | Buy | |
| OCBC | 2 July | UOB Kayhian | $11.90 | $15.50 | Buy | |
| Hong Leong Asia | 2 July | UOB Kayhian | $0.955 | $1.38 | Buy | |
| GHY Culture | 2 July | UOB Kayhian | $0.715 | $1.18 | Buy | |
| Japfa | 1 July | CGS CIMB | $0.82 | $1.22 | Add | P/E |
| Yangzijiang | 1 July | UOB Kayhian | $1.41 | $1.90 | Buy | P/BV |
| Thai Beverage | 1 July | UOB Kayhian | $0.675 | $0.92 | Buy | SOTP |
| Suntec Reit | 30 June | CGS CIMB | $1.46 | $1.79 | Add | DDM |
| Tiong Woon | 30 June | Lim & Tan | $0.485 | $0.84 | Buy (Initiate) | P/BV |
| UMS | 30 June | UOB Kayhian | $1.47 | $1.92 | Buy | P/E |
| Japan Food | 30 June | KGI Fraser | $0.41 | $0.65 | Outperform | |
| BHG Retail Reit | 29 June | DBS Vickers | $0.55 | $0.60 | Buy | DCF |
| ComfortDelgro | 29 June | CGS CIMB | $1.61 | $1.80 | Add | P/E |
| Capitaland | 29 June | CGS CIMB | $3.68 | $4.04 | Add | RNAV |
| Ho Bee Land | 29 June | Lim & Tan | $2.86 | $3.60 | Buy | |
| Q & M | 29 June | UOB Kayhian | $0.77 | $0.94 | Buy | P/E |
| Hypens Pharma | 28 June | KGI Fraser | $0.32 | $0.43 | Buy | P/E |
| SembCorp Ind | 28 June | UOB Kayhian | $2.16 | $2.59 | Buy | |
| Ascendas Reit | 28 June | UOB Kayhian | $2.93 | $3.83 | Buy | |
| Thai Bev | 28 June | UOB Kayhian | $0.685 | $0.92 | Buy | |
| OCBC | 28 June | UOB Kayhian | $11.80 | $15.50 | Buy | |
| Nanofilm | 25 June | DBS Vickers | $5.28 | $6.22 | Buy | |
| Bukit Sembawang | 25 June | Lim & Tan | $5.22 | $6.00 | Buy | RNAV |
| Keppel Corp | 25 June | UOB Kayhian | $5.11 | $6.37 | Buy | SOTP |
| Aztech Global | 25 June | UOB Kayhian | $1.23 | $1.86 | Buy | P/E |
| Uni Asia | 24 June | KGI Fraser | $0.85 | $0.91 | Outperfom | SOTP |
| Yangzijiang | 24 June | CGS CIMB | $1.38 | $1.63 | Add | P/BV |
| Prime US Reit | 24 June | Maybank Kim Eng | USD 0.88 | USD 1.10 | Buy | DDM |
| Mapletree Ind Trust | 24 June | OCBC | $2.82 | $3.41 | Buy | |
| BRC Asia | 24 June | Lim & Tan | $1.48 | $1.90 | Accumulate | |
| Mapletree Ind Trust | 23 June | OCBC | $2.78 | $3.41 | Buy | |
| Food Empire | 23 June | LIm & Tan | $0.89 | $1.20 | Buy | P/E |
| Frasers Logistics & Commerical Trust | 23 June | UOB Kayhian | $1.38 | $1.79 | Buy | DDM |
| UMS | 22 June | DBS Vickers | $1.39 | $1.83 | Buy | P/E |
| Frencken Group | 22 June | UOB Kayhian | $1.68 | $2.13 | Buy | P/E |
| Kimly | 21 June | CGS CIMB | $0.38 | $0.46 | Add | P/E |
| OCBC | 21 June | Maybank Kim Eng | $12.05 | $14.17 | Buy | DDM |
| ComfortDelgro | 21 June | Maybank Kim Eng | $1.65 | $1.88 | Buy | DCF |
| AEM | 21 June | Maybank Kim Eng | $3.67 | $5.56 | Buy | P/E |
| SembCorp Ind | 21 June | UOB Kayhian | $2.16 | $2.59 | Buy | |
| DBS Group | 21 June | UOB Kayhian | $29.77 | $35.45 | Buy | |
| City Dev | 21 June | UOB Kayhian | $7.34 | $8.50 | Buy | RNAV |
| NetLink NBN Trust | 18 June | UOB Kayhian | $0.955 | $1.08 | Buy | DCF |
| Singapore Press Hldgs | 17 June | CGS CIMB | $1.82 | $2.19 | Add | P/BV |
| Suntec Reit | 16 June | CGS CIMB | $1.48 | $1.76 | Add | DDM |
| Prime US Reit | 16 June | DBS Vickers | US$0.86 | US$1.00 | BUy | DDM |
| Mapletree Commercial Trust | 16 June | DBS Vickers | $2.17 | $2.25 | Buy | DDM |
| Keppel Reit | 16 June | DBS Vickers | $1.20 | $1.40 | Buy | DDM |
| Singapore Exchange Limitied | 16 June | Phillip Securities | $10.98 | $11.25 | Accumulate | P/E |
| UOL | 15 June | CGS CIMB | $7.39 | $8.00 | Add | RNAV |
| City Dev | 15 June | CGS CIMB | $7.58 | $8.97 | Add | RNAV |
| Capitaland | 15 June | CGS CIMB | $3.76 | $4.04 | Add | RNAV |
| UMS | 15 June | DBS Vickers | $1.41 | $1.83 | Buy | |
| Frencken Group | 15 June | DBS Vickers | $1.70 | $1.98 | Buy | |
| Yangzijiang | 15 June | DBS Vickers | $1.44 | $1.80 | Buy | |
| Wilmar | 15 June | DBS Vickers | $4.79 | $6.67 | Buy | |
| First Resources | 15 June | DBS Vickers | $1.39 | $1.83 | Buy | |
| Keppel Corp | 15 June | UOB Kayhian | $5.19 | $6.37 | Buy | |
| CSE Global | 15 June | UOB Kayhian | $0.54 | $0.68 | Buy | |
| Rex International | 15 June | UOB Kayhian | $0.18 | $0.30 | Buy | |
| Ascendas Reit | 14 June | UOB Kayhian | $2.97 | $3.83 | Buy | DDM |
| Sasseur Reit | 13 June | DBS Vickers | $0.92 | $1.10 | Buy | DCF |
| Singapore Exchange | 12 June | CGS CIMB | $10.55 | $11.61 | Add | P/E |
| Q & M Dental Group | 11 June | KGI Fraser | $0.68 | $0.91 | Outperform | P/E |
| Raffles Medical Group | 11 June | UOB Kayhian | $1.14 | $1.27 | Add | DCF |
| Ho Bee Land | 10 June | DBS Vickers | $2.67 | $3.80 | Intiate Buy | RNAV |
| UOL | 10 June | CGS CIMB | $7.64 | $8.00 | Add | RNAV |
| City Dev | 10 June | CGS CIMB | $7.46 | $8.97 | Add | RNAV |
| Capitaland | 10 June | CGS CIMB | $3.74 | $4.04 | Add | RNAV |
| Grand Venture Technology Ltd | 10 June | CGS CIMB | $0.865 | $1.12 | Add | GGM |
| AIMS APAC Reit | 9 June | DBS Vickers | $1.43 | $1.60 | Buy | |
| Starhub | 9 June | DBS Vickers | $1.23 | $1.38 | Buy | |
| Singtel | 9 June | DBS Vickers | $2.37 | $3.01 | Buy | |
| HR Networks | 8 June | CGS CIMB | $0.675 | $0.821 | Add | P/E |
| Keppel Corporation | 8 June | CGS CIMB | $5.35 | $6.40 | Add | P/BV |
| Keppel Reit | 8 June | DBS Vickers | $1.17 | $1.40 | Buy | DDM |
| Mapletree Commercial Trust | 8 June | DBS Vickers | $2.09 | $2.25 | Buy | DDM |
| Mapletree Log Trust | 8 June | DBS Vickers | $2.01 | $2.35 | Buy | DDM |
| Lendlease Global Commercial Reit | 8 June | UOB Kayhian | $0.785 | $1.01 | Buy | DDM |
| Elite Commercial Reit | 7 June | CGS CIMB | Euro$0.665 | Euro$0.826 | Add | DDM |
| LHN | 7 June | Phillip Securities | $0.30 | $0.54 | Buy | P/E |
| Credit Burea Asia | 7 June | Lim & Tan | $1.25 | Buy | P/E | |
| MM2 Asia | 7 June | UOB Kayhian | $0.068 | $0.095 | Buy | SOTP |
| UOL | 4 June | CGS CIMB | $7.37 | $8.00 | Add | RNAV |
| United Overseas Bank | 4 June | Maybank Kim Eng | $26.10 | $29.34 | Buy | |
| Bumitama Agri | 4 June | Maybank Kim Eng | $0.46 | $0.65 | Buy | P/E |
| OCBC | 4 June | UOB Kayhian | $12.42 | $15.50 | Buy | GGM |
| DBS Group | 4 June | UOB Kayhian | $29.82 | $35.45 | Buy | GGM |
| Boustead Projects Ltd | 2 June | CGS CIMB | $1.19 | $1.40 | Add | RNAV |
| Frasers Centerpoint Trust | 2 June | UOB Kayhian | $2.36 | $3.06 | Buy | DDM |
| Keppel Reit | 2 June | UOB Kayhian | $1.15 | $1.49 | Buy | DDM |
| Lendlease Reit | 2 June | UOB Kayhian | $0.76 | $0.97 | Buy | DDM |
| Mapletree Ind Trust | 2 June | UOB Kayhian | $2.83 | $3.62 | Buy | DDM |
| Ascendas Reit | 2 June | UOB Kayhian | $2.93 | $3.82 | Buy | DDM |
| Genting Singapore | 2 June | Maybank Kim Eng | $0.86 | $1.16 | Buy | DCF |
| Lendlease Global Commercial Reit | 1 June | CGS CIMB | $0.76 | $0.869 | Add | DDM |
| Capitaland | 31 May | CGS CIMB | $3.66 | $4.04 | Add | RNAV |
| UOL | 31 May | CGS CIMB | $7.42 | $7.91 | Add | RNAV |
| ComfortDelgro | 31 May | CGS CIMB | $1.70 | $1.82 | Buy | |
| SATS | 31 May | OCBC | $3.97 | $4.84 | Buy | |
| OCBC | 31 May | UOB Kayhian | $12.50 | $15.50 | Buy | GGM |
| DBS Group | 31 May | UOB Kayhian | $30.41 | $35.45 | Buy | GGM |
| Sunpower | 31 May | KGI Fraser | $0.945 | $1.53 | Outperform | DCF |
| Raffles Medical | 28 May | CGS CIMB | $1.08 | $1.22 | Add | SOP |
| AEM | 28 May | Maybank Kim Eng | $3.35 | $5.56 | Buy | P/E |
| UMS | 28 May | Maybank Kim Eng | $1.40 | $1.80 | Buy | P/E |
| Frencken Group | 28 May | Maybank Kim Eng | $1.75 | $2.00 | Buy | P/E |
| Venture Corp | 28 May | Maybank Kim Eng | $19.07 | $22.00 | Buy | P/E |
| Sarine Technologies | 28 May | Maybank Kim Eng | $0.61 | $0.70 | Buy | DCF |
| SembCorp Ind | 28 May | UOB Kayhian | $2.15 | $2.59 | Buy | P/BV |
| Singapore Telecommunications | 28 May | UOB Kayhian | $2.45 | $2.84 | Buy | DCF |
| SATS Ltd | 27 May | CGS CIMB | $3.86 | $4.30 | Add | DCF |
| Far East Hospitality Trust | 27 May | UOB Kayhian | $0.585 | $0.71 | Buy | DDM |
| Boustead Projects Ltd | 26 May | CGS CIMB | $1.11 | $1.40 | Add | RNAV |
| Spindex | 25 May | Lim & Tan | $$1.21 | Accumulate on Weakness | ||
| Metro | 25 May | Lim & Tan | $0.74 | Accumulate | P/BV | |
| CSE Global | 25 May | UOB Kayhian | $0.52 | $0.68 | Buy | P/E |
| UMS | 24 May | CGS CIMB | $1.33 | $1.58 | Add | P/E |
| Venture Corp | 24 May | CGS CIMB | $18.64 | $22.51 | Add | P/E |
| Aztech | 24 May | CGS CIMB | $1.33 | $1.91 | Add | P/E |
| Grand Venture Technology Group | 24 May | CGS CIMB | $0.74 | $1.12 | Add | P/E |
| Frasers Logistics and Commercial Trust | 24 May | Lim & Tan | $1.44 | $1.65 | Accumulate | |
| Uni Asia Group Limited | 24 May | KGI Fraser | $0.665 | $0.91 | Outperform | P/BV |
| Koufu | 24 May | Phillip Securities | $0.63 | $0.64 | Neutral | P/E |
| Singtel | 24 May | UOB Kayhian | $2.43 | $2.84 | Buy | DCF |
| City Dev | 21 May | OCBC | $7.47 | $9.12 | Buy | RNAV |
| China Sunsine Chemicals | 21 May | KGI Fraser | $0.51 | $0.68 | Outperform | DCF |
| SIA | 21 May | UOB Kayhian | $4.76 | $4.15 | Sell | P/BV |
| Innotek Limited | 21 May | KGI Fraser | $0.905 | $1.12 | Outperform | EV/EBITDA |
| SIA | 20 May | CGS CIMB | $4.70 | $5.64 | Add | P/BV |
| CSE Global | 20 May | CGS CIMB | $0.515 | $0.63 | Add | P/E |
| Mapletree Ind Trust | 20 May | Maybank Kim Eng | $2.76 | $3.25 | Buy | DDM |
| City Dev | 20 May | UOB Kayhian | $7.39 | $8.50 | Buy | RNAV |
| Sunpower | 20 May | UOB Kayhian | $0.835 | $1.22 | Buy | SOTP |
| Prime US Reit | 19 May | Maybank Kim Eng | US$0.86 | US$1.10 | Buy | DDM |
| Yangzijiang | 19 May | UOB Kayhian | $1.47 | $1.76 | Buy | P/E |
| Q & M Group | 18 May | Maybank Kim Eng | $0.66 | $0.87 | Buy | P/E |
| First Resources | 18 May | UOB Kayhian | $1.43 | $1.65 | Buy | P/E |
| DBS Group | 17 May | Maybank Kim Eng | $29.29 | $33.71 | Buy | |
| Mapletree Log Trust | 17 May | Maybank Kim Eng | $1.90 | $2.25 | Buy | |
| Q&M | 17 May | Maybank Kim Eng | $0.63 | $0.97 | Buy | |
| OCBC | 17 May | Maybank Kim Eng | $11.72 | $14.17 | Buy | |
| Ascendas Reit | 17 May | Maybank Kim Eng | $2.87 | $3.65 | Buy | |
| UMS | 17 May | Maybank Kim Eng | $1.31 | $1.80 | Buy | |
| Jiutian Chemical | 17 May | KGI Fraser | $0.091 | $0.145 | Outperform Initiate | P/E |
| Sheng Siong | 17 May | DBS Vickers | $1.66 | $1.77 | Buy | |
| ComfortDelgro | 17 May | Phillip Securities | $1.58 | $1.83 | Buy | DCF |
| Capitaland | 17 May | Phillip Securities | $3.51 | $4.38 | Buy | RNAV |
| Netlink NBN Trust | 17 May | Phillip Securities | $0.98 | $1.03 | Accumulate | DCF |
| IReit Global | 17 May | Phillip Securities | $0.635 | $0.68 | Accumulate | DDM |
| Manulife US Reit | 17 May | UOB Kayhian | US$0.73 | US$0.87 | Buy | DDM |
| United Hamshire US Reit | 17 May | UOB Kayhian | US$0.70 | US$0.95 | Buy | P/NAV |
| Thai Beverage | 17 May | UOB Kayhian | $0.67 | $0.92 | Buy | P/E |
| PropNex | 16 May | Phillip Securities | $1.14 | $1.36 | Buy | DCF |
| Singapore Telecommunications | 16 May | Maybank Kim Eng | $2.32 | $2.88 | Buy | DCF |
| Capitaland | 14 May | OCBC | $3.57 | $4.03 | Buy | RNAV |
| Sarine Technologies | 14 May | KGI Fraser | $0.57 | $0.82 | Buy | |
| ST Engineering | 14 May | UOB Kayhian | $3.72 | $4.07 | Buy | EV/Invested Capital |
| Food Empire | 14 May | UOB Kayhian | $0.86 | $1.30 | Buy | P/E |
| Frencken Group | 14 May | Maybank Kim Eng | $1.42 | $1.74 | Buy | P/E |
| APAC Realty | 13 May | CGS CIMB | $0.49 | $0.865 | Add | P/E |
| Golden Agri | 13 May | CGS CIMB | $0.275 | $0.25 | Reduce | SOP |
| ComfortDelgro | 13 May | Maybank Kim Eng | $1.63 | $1.88 | Buy | DCF |
| Silverlake Axis | 12 May | CGS CIMB | $0.24 | $0.31 | Add | P/E |
| Riverstone | 12 May | UOB Kayhian | $1.32 | $1.75 | Buy | P/E |
| Propnex | 12 May | UOB Kayhian | $1.10 | $1.34 | Buy | P/E |
| Netlink NBN Trust | 12 May | UOB Kayhian | $0.98 | $1.08 | Buy | DCF |
| UG Healthcare | 11 May | CGS CIMB | $0.655 | $1.20 | Add | DCF |
| Q & M | 11 May | CGS CIMB | $0.61 | $0.97 | Add | P/E |
| Manulife US Reit | 11 May | CGS CIMB | USD 0.74 | USD 0.962 | Add | DDM |
| UMS | 11 May | DBS Vickers | $1.35 | $1.83 | Buy | P/E |
| BRC Asia | 11 May | UOB Kayhian | $1.54 | $2.00 | Buy | P/E |
| Genting Singapore | 10 May | DBS Vickers | $0.85 | $0.95 | Buy | EV/EBITDA |
| SGX | 10 May | CGS CIMB | $10.26 | $11.61 | Add | P/E |
| Keppel Corp | 10 May | CGS CIMB | $5.31 | $6.40 | Add | SOP |
| Parkway Life Reit | 10 May | CGS CIMB | $4.29 | $4.80 | Add | DDM |
| SBS Transit | 10 May | CGS CIMB | $3.06 | $3.50 | Add | P/E |
| Fu Yu | 10 May | DBS Vickers | $0.32 | $0.40 | Buy | P/E |
| Lendlease Commercial Reit | 10 May | Phillip Securities | $0.785 | $0.82 | Buy | DDM |
| SPH | 10 May | UOB Kayhian | $1.52 | $1.85 | Buy | SOTP |
| Genting Singapore | 10 May | UOB Kayhian | $0.85 | $1.08 | Buy | EV/EBITDA |
| ESR Reit | 7 May | OCBC | $0.41 | $0.45 | Buy | |
| Sarine Technologies | 7 May | KGI Fraser | $0.575 | $0.65 | Buy | P/E |
| OCBC | 7 May | Maybank Kim Eng | $12.40 | $14.17 | Buy | P/BV |
| Frasers Logistics & Commercial Trust | 6 May | DBS Vickers | $1.47 | $1.85 | Buy | DCF |
| AIMS APAC Reit | 6 May | Maybank Kim Eng | $1.39 | $1.60 | Buy | DDM |
| United Overseas Bank | 6 May | OCBC | $26.30 | $29.00 | Buy | P/BV |
| IReit Global | 6 May | DBS Vickers | $0.64 | $0.76 | Buy | DCF |
| AIMS APAC Reit | 6 May | DBS Vickers | $1.39 | $1.60 | Buy | DCF |
| SIA Engineering | 6 May | UOB Kayhian | $2.20 | $2.00 | Sell | P/E |
| Jiutian Chemical | 6 May | UOB Kayhian | $0.096 | $0.138 | Buy | P/E |
| Tuan Sing | 5 May | DBS Vickers | $0.405 | $0.54 | Buy | SOTP |
| AEM | 4 May | CGS CIMB | $4.05 | $4.63 | Add | P/BV |
| Far East Hospitality Trust | 4 May | UOB Kayhian | $0.63 | $0.72 | Buy | P/NAV |
| CDL Hospitality Trust | 3 May | OCBC | $1.27 | $1.38 | Buy | |
| Cromwell European Reit | 3 May | DBS Vickers | Eur 0.48 | Eur 0.60 | Buy | DCF |
| Wilmar | 3 May | UOB Kayhian | $5.22 | $6.40 | Buy | P/E |
| Yangzijiang | 3 May | UOB Kayhian | $1.43 | $1.76 | Buy | P/E |
| Venture Corp | 3 May | UOB Kayhian | $20.15 | $23.47 | Buy | P/E |
| DBS Group | 2 May | Phillip Securities | $29.91 | $31.40 | Buy | GGM |
Comments
In any case, thank you for the efforts!
Kingsley
www.theholyfinancier.com