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 |
| Counter | Date | Broking House | Last Done Price | Target Price | Buy Sell Hold | Valuation Methodology |
| Boustead Singapore | 14 May | OCBC Investment Research | $1.05 | $1.39 | Buy | |
| Capitaland Investment | 14 May | Lim & Tan | $2.54 | $3.34 (Consensus) | Accumulate | |
| SIA Engineering | 14 May | CGS CIMB | $2.32 | $2.70 (Upgrade) | Add | P/E |
| SEA Ltd | 14 May | CGS CIMB | US$142.50 | US$160 | Hold | SOP |
| Food Empire | 13 May | CGS CIMB | $1.53 | $1.95 (Upgrade) | Add | P/E |
| UMS Integrated | 13 May | Lim & Tan | $1.05 | $1.23 | Accumulate (Upgrade) | |
| Thai Bev | 13 May | Phillip Securities | $0.515 | $0.56 | Accumulate | P/E |
| SIA Engineering | 13 May | Lim & Tan | $2.28 | $2.60 (Consensus) | Accumulate | |
| Starhub | 13 May | Phillip Securities | $1.17 | $1.08 (Downgrade) | Hold (Downgrade) | EV/EBITDA |
| OCBC | 13 May | Phillip Securities | $16.23 | $17.10 | Accumulate | GGM |
| ST Engineering | 10 May | Phillip Securities | $7.63 | $8.20 (Upgrade) | Accumulate | DCF |
| Frasers Property Ltd | 9 May | CGS CIMB | $0.815 | $1.41 | Add | RNAV |
| ST Engineering | 9 May | Lim & Tan | $7.51 | $8.00 (Consensus) | Accumulate | |
| ISO Team | 9 May | KGI Fraser | $0.076 | $0.10 | Outperform (Initate) | DCF |
| United Overseas Bank | 9 May | Phillip Securities | $34.55 | $35.50 (Downgrade) | Accumulate | GGM |
| Lendlease Global Comm Reit | 9 May | Phillip Securities | $0.51 | $0.74 (Downgrade) | Buy | DDM |
| DBS Group | 8 May | Lim & Tan | $42.76 | $45.00 (Consensus) | Accumulate | |
| AIMS APAC Reit | 8 May | Maybank Kim Eng | $1.27 | $1.20 (Downgrade) | Hold | DDM |
| Frasers Log & Commercial Trust | 7 May | CGS CIMB | $0.865 | $1.11 (Downgrade) | Add | DDM |
| United Overseas Bank | 7 May | CGS CIMB | $34.98 | $38.60 (Downgrade) | Add | GGM |
| AIMS APAC Reit | 7 May | Lim & Tan | $1.27 | $1.43 (Consensus) | Accumulate | |
| Yangzijiang | 7 May | UOB Kayhian | $2.06 | $3.50 | Buy | P/E |
| Marco Polo Marine | 7 May | UOB Kayhian | $0.041 | $0.072 | Buy | |
| Seatrium | 7 May | UOB Kayhian | $1.92 | $2.96 | Buy | P/BV |
| SingPost | 6 May | Maybank Kim Eng | $0.60 | $0.77 | Buy | |
| Elite Reit | 5 May | Lim & Tan | $0.29 | $0.35 (Consensus) | Accumulate | |
| Wilmar Intl | 2 May | Maybank Kim Eng | $3.06 | $4.05 | Buy | P/E |
| Mapletree Ind Trust | 2 May | CGS CIMB | $2.02 | $2.56 (Downgrade) | Add | DDM |
| CDL Hospitality Trust | 2 May | CGS CIMB | $0.795 | $0.87 (Downgrade) | Add | DDM |
| First Reit | 2 May | OCBC Investment Research | $0.26 | $0.27 | Buy | |
| Mapletree Ind Trust | 2 May | Lim & Tan | $2.02 | $2.42 (Consensus) | Buy | |
| Digital Core US Reit | 2 May | Phillip Securities | US$0.50 | US$0.90 (Upgrade) | Buy | DDM |
| Wee Hur | 2 May | Phillip Securities | $0.525 | $0.62 | Buy | SOTP |
| OUE Reit | 1 May | KGI Fraser | $0.28 | $0.32 | Outperform | DDM |
| Capitaland Investment | 1 May | CGS CIMB | $2.75 | $4.30 | Add | RNAV |
| Far East Hospitality | 30 April | CGS CIMB | $0.545 | $0.74 | Add | DDM |
| Sheng Siong Group | 30 April | Lim & Tan | $1.74 | $1.89 | Hold | |
| Keppel Ltd | 30 April | Lim & Tan | $6.50 | Accumulate | ||
| Marco Polo Marine | 30 April | UOB Kayhian | $0.042 | $0.066 (Downgrade) | Buy | P/E |
| Wilmar Intl | 30 April | UOB Kayhian | $3.02 | $3.45 | Buy | P/E |
| Capitaland Ascendas Reit | 29 April | OCBC Investment Research | $2.68 | $3.21 (Downgrade) | Buy | |
| Frasers Centerpoint Trust | 29 April | Lim & Tan | $2.25 | $2.49 (Consensus) | Accumulate | |
| ST Engineering | 29 April | Lim & Tan | $7.35 | $8.00 | Accumulate | |
| IFAST | 29 April | UOB Kayhian | $6.35 | $7.28 (Downgrade) | Buy (Upgrade) | P/E |
| Capitaland Ascott Trust | 28 April | DBS Research | $0.855 | $1.15 | Buy | |
| Mapletree Pan Asia Commercial Trust | 28 April | CGS CIMB | $1.22 | $1.48 (Downgrade) | Add | DDM |
| Suntec Reit | 28 April | Phillip Securities | $1.14 | $1.33 | Buy(Upgrade) | DDM |
| OUE Reit | 28 April | Phillip Securities | $0.28 | $0.40 | Buy | DDM |
| Capitaland Integrated Commercial Trust | 25 April | CGS CIMB | $2.14 | $2.45 | Add | DDM |
| HongKong Land | 25 April | CGS CIMB | US$4.64 | US$4.91 (Upgrade) | Hold | NAV |
| Geo Energy Resources | 25 April | Lim & Tan | $0.35 | $0.60 | Buy (Initiate) | DCF |
| Keppel Ltd | 25 April | Phillip Securities | $6.59 | $8.00 | Buy | SOTP |
| Capitaland India Trust | 24 April | DBS Research | $0.94 | $1.45 | Buy | |
| Genting Singapore | 24 April | CGS CIMB | $0.735 | $1.05 | Add | EV/EBITDA |
| Mapletree Log | 24 April | DBS Research | $1.21 | $1.55 (Downgrade) | Buy | |
| Keppel Ltd | 24 April | Lim & Tan | $6.40 | $8.22 (Consensus) | Buy | |
| Mapletree Ind Trust | 24 April | Lim & Tan | $2.05 | $2.45 (Consensus) | Buy | |
| Raffles Medical Group | 23 April | Maybank Kim Eng | $1.01 | $1.13 | Buy | DCF |
| Nanofilm | 23 April | CGS CIMB | $0.54 | $0.49 | Reduce | P/BV |
| Keppel Reit | 23 April | DBS Reserch | $0.83 | $1.10 | Buy | |
| OCBC | 23 April | CGS CIMB | $16.38 | $17.20 (Downgrade) | Hold (Downgrade) | GGM |
| ESR-Reit | 23 April | CGS CIMB | $0.205 | $0.36 | Add | DDM |
| Parkwaylife Reit | 23 April | Maybank Kim Eng | $4.23 | $4.50 | Buy | DDM |
| SEA Ltd | 22 April | DBS Research | US$116.53 | US$180 | Buy | EV/Revenue |
| Keppel Infrastructure | 22 April | OCBC | $0.415 | $0.50 | Buy | |
| Valuetronics | 22 April | UOB Kayhian | $0.615 | $0.78 | Buy | P/E |
| UMS Integrated | 22 April | UOB Kayhian | $1.02 | $1.21 | Buy | P/E |
| Frencken Group | 22 April | UOB Kayhian | $0.965 | $1.16 | Buy | P/E |
| Wilmar | 21 April | CGS CIMB | $3.13 | $3.15 (Downgrade) | Hold | P/E |
| Geo Energy | 21 April | Lim & Tan | $0.335 | $0.59 (Consensus) | Buy | |
| Oiltek | 21 April | Lim & Tan | $1.17 | $1.50 | Buy | |
| Yangzijiang | 18 April | DBS Research | $2.06 | $3.80 | Buy | |
| Singtel | 17 April | Maybank Kim Eng | $3.69 | $3.96 (Upgrade) | Buy | SOTP |
| Keppel DC Reit | 17 April | DBS Research | $2.05 | $2.50 | Buy | |
| Capitaland Investment | 17 April | DBS Research | $2.54 | $3.85 | Buy | |
| Singapore Airlines | 17 April | UOB Kayhian | $6.35 | $6.22 | Hold | P/BV |
| SATS | 16 April | Phillip Securities | $2.67 | $4.34 | Buy | |
| Innotek | 15 April | Lim & Tan | $0.36 | Accumulate | ||
| ComfortDelgro | 15 April | UOB Kayhian | $1.41 | $1.76 | Buy | P/E |
| Grand Venture | 14 April | DBS Research | $0.605 | $1.14 | Buy | P/E |
| Soildbuild Construction Group | 14 April | Phillip Securities | $0.83 | $0.97 | Buy (Initiate) | P/E |
| Centurion Corp | 14 April | UOB Kayhian | $1.12 | $1.48 (Upgrade) | Buy | P/E |
| DBS Group | 14 April | UOB Kayhian | $38.13 | $40.00 | Hold (Upgrade) | P/BV |
| OCBC | 14 April | UOB Kayhian | $15.01 | $16.90 | Buy (Upgrade) | P/BV |
| Aztech Global | 11 April | Maybank Kim Eng | $0.72 | $0.63 (Downgrade) | Hold (Downgrade) | P/E |
| Capitaland Investment | 11 April | Lim & Tan | $2.50 | $3.48 (Consensus) | Accumulate on Weakness | |
| Mapletree Ind Trust | 11 April | UOB Kayhian | $1.93 | $2.70 | Buy | DDM |
| Digital Core Reit | 11 April | UOB Kayhian | US$0.485 | US$0.88 | Buy | DDM |
| Keppel DC Reit | 11 April | UOB Kayhian | $1.99 | $2.55 | Buy | DDM |
| Grab Holdings | 10 April | Maybank Kim Eng | US$4.28 | US$5.75 | Buy | SOTP |
| SGX | 10 April | OCBC Investment Research | $12.12 | $14.09 (Upgrade) | Buy | |
| UOB | 10 April | Maybank Kim Eng | $30.99 | $32.02 (Downgrade) | Hold (Downgrade) | |
| OCBC | 10 April | Maybank Kim Eng | $14.42 | $14.94 (Downgrade) | Hold | |
| DBS | 10 April | Maybank Kim Eng | $37.16 | $38.48 (Downgrade) | Hold (Downgrade) | |
| Oiltek | 10 April | UOB Kayhian | $0.96 | $1.44 | Buy | P/E |
| China Sunsine | 10 April | UOB Kayhian | $0.50 | $0.63 | Buy | P/E |
| PropNex | 10 April | UOB Kayhian | $1.05 | $1.30 | Buy | P/E |
| SATS | 10 April | CGS CIMB | $2.46 | $3.05 | Add | DCF |
| Nanofilm Tech | 3 April | OCBC Research | $0.63 | $0.665 (Downgrade) | Hold | |
| Capitaland Investment | 3 April | Lim & Tan | $2.72 | $3.50 (Consensus) | Accumulate on Weakness | |
| SembCorp Ind | 2 April | CGS CIMB | $6.42 | $8.14 (Upgrade) | Add | P/E |
| SembCorp Ind | 2 April | Lim & Tan | $6.42 | $7.30 (Consensus) | Accumulate | |
| SingPost | 2 April | Lim & Tan | $0.615 | $0.75 (Consensus) | Buy | |
| Keppel Pacific Oak US Reit | 2 April | UOB Kayhian | US$0.20 | US$0.24 | Buy | DDM |
| Geo Energy | 2 April | Phillip Securities | $0.33 | $0.47 | Buy (Initiate) | DCF |
| CNMC Holdings | 2 April | Phillip Securities | $0.34 | $0.49 | Buy (Initiate) | DCF |
| Keppel Infrastructure Trust | 1 April | OCBC Investment Research | $0.425 | $0.50 | Buy | |
| OKP Holdings | 1 April | Lim & Tan | $0.565 | $0.93 | Buy | |
| Yangzijiang Financial | 1 April | Lim & Tan | $0.795 | $0.66 (Consensus) | Hold (Downgrade) | |
| Q & M Dental | 1 April | CGS CIMB | $0.295 | $0.43 | Add | P/E |
| Centurion Corp | 28 March | Maybank Kim Eng | $1.18 | $1.45 | Buy (initate) | P/BV |
| Sinarmas Land | 28 March | Lim & Tan | $0.275 | Takeover Price $0.31 |
Hold. Not Accept Offer. |
|
| Q&M Dental | 28 March | KGI Fraser | $0.29 | $0.35 | Outperform | DCF |
| Starhub | 28 March | UOB Kayhian | $1.18 | $1.26 | Buy | |
| Singtel | 28 March | UOB Kayhian | $3.40 | $3.58 | Buy | |
| Netlink NBN Trust | 28 March | UOB Kayhian | $0.87 | $0.98 | Buy | |
| OCBC | 27 March | Lim & Tan | $17.25 | $18.40 (Consensus) | Accumulate | |
| Paragon Reit | 27 March | Lim & Tan | $0.97 | Takeover Price $0.98 | Accept the Offer | |
| Oiltek | 27 March | UOB Kayhian | $1.15 | $1.44 (Upgrade) | Buy | P/E |
| ComfortDelgro | 26 March | Lim & Tan | $1.47 | $1.73 (Consensus) | Accumulate | |
| PropNex | 26 March | DBS Research | $1.14 | $1.25 | Buy | |
| UOL | 26 March | DBS Research | $5.80 | $8.50 | Buy | |
| Geo Energy | 26 March | KGI Fraser | $0.30 | $0.64 | Outperform | DCF |
| China Sunsine Chemical | 26 March | UOB Kayhian | $0.52 | $0.63 (Upgrade) | Buy | P/E |
| DBS Group | 25 March | Lim & Tan | $45.49 | $48.63 (Consensus) | Accumulate | |
| DFI Retail Group Holdings | 25 March | UOB Kayhian | US$2.34 | US$2.80 | Buy | P/E |
| Daiwa House Log Trust | 24 March | DBS Research | $0.575 | $0.65 | Buy | |
| Far East Hospitality Trust | 24 March | Phillip Securities | $0.60 | $0.73 | Buy | |
| Fraser Centerpoint Trust | 24 March | Phillip Securities | $2.11 | $2.44 | Buy | |
| Stoneweg European Reit | 24 March | Lim & Tan | $2.12 | $2.64 (Consensus) | Accumulate | |
| Hong Leong Asia | 24 March | UOB Kayhian | $1.02 | $1.46 (Upgrade) | Buy | SOTP |
| Oiltek | 21 March | Lim & Tan | $1.16 | $1.43 (Consensus) | Buy | |
| Far East Hospitality Trust | 21 March | Lim & Tan | $0.56 | $0.70 (Consensus) | Accumulate | |
| Seatrium | 21 March | UOB Kayhian | $2.14 | $2.96 | Buy | P/E |
| UOB | 21 March | Phillip Securities | $37.79 | $41.80 | Accumulate | P/BV |
| OCBC | 21 March | Phillip Securities | $16.99 | $17.90 | Accumulate | P/BV |
| DBS Group | 21 March | Phillip Securities | $45.41 | $46.90 | Accumulate | P/BV |
| CNMC Goldmine | 20 March | Lim & Tan | $0.335 | $0.48 (Upgrade) | Buy | P/E |
| Keppel DC Reit | 20 March | UOB Kayhian | $2.17 | $2.55 (Upgrade) | Buy | DDM |
| SembCorp Ind | 19 March | Lim & Tan | $6.20 | $7.30 (Consensus) | Accumulate | |
| ST Engineering | 19 March | UOB Kayhian | $6.38 | $6.80 (Upgrade) | Buy | P/E |
| China Aviation Oil | 18 March | Phillip Securities | $0.85 | $0.85 | Neutral (Downgrade) | DCF |
| SATS | 18 March | Phillip Securities | $3.05 | $4.34 | Buy | |
| SIA | 18 March | Phillip Securities | $6.75 | $5.74 | Neutral (Upgrade) | P/BV |
| APAC Realty | 18 March | Lim & Tan | $0.415 | $0.49 (Consensus) | Accumulate | |
| PropNex | 18 March | Lim & Tan | $1.12 | $1.25 (Consensus) | Accuumulate | |
| ST Engineering | 18 March | Lim & Tan | $6.32 | $6.30-$6.40 (Consensus) | Accumulate on Weakness | |
| Sheng Siong Group | 18 March | UOB Kayhian | $1.63 | $1.92 (Downgrade) | Buy | P/E |
| Soildbuild Construction | 17 March | Lim & Tan | $0.77 | Accumulate on Weakness | ||
| Geo Energy | 17 March | Lim & Tan | $0.31 | $0.68 (Consensus) | ||
| Pac Radiance | 17 March | Phillip Securities | $0.045 | $0.06 | Buy | P/E |
| City Dev | 17 March | Phillip Securities | $5.05 | $6.02 (Downgrade) | Buy | RNAV |
| Capitaland Investment Ltd | 17 March | CGS CIMB | $2.62 | $3.65 (Upgrade) | Buy | SOTP |
| IFAST | 16 March | DBS Research | $7.49 | $10.88 | Buy | SOTP |
| Mapletree Ind Trust | 14 March | DBS Research | $2.06 | $2.60 (Upgrade) | Buy | DCF |
| SembCorp Ind | 14 March | CGS CIMB | $5.96 | $7.81 (Upgrade) | Add | P/E |
| Pan United | 14 March | UOB Kayhian | $0.62 | $0.81 | Buy | |
| Tiong Woon | 14 March | UOB Kayhian | $0.575 | $0.87 | Buy | |
| UOL | 13 March | CGS CIMB | $5.78 | $8.20 | Add | |
| Keppel DC Reit | 13 March | CGS CIMB | $2.15 | $2.48 | Add | |
| Stoneweg European Reit | 13 March | Phillip Securities | Eur 1.41 | Eur 1.86 (Downgrade) | Buy | DDM |
| Q & M Dental Group | 13 March | Phillip Securities | $0.295 | $0.40 | Buy | P/E |
| SembCorp Ind | 13 March | Lim & Tan | $6.05 | $7.25 (Consensus) | Accumulate | |
| Capitaland Ascott Trust | 13 March | CGS CIMB | $0.88 | $1.13 (Downgrade) | Add | DDM |
| Elite UK Reit | 13 March | UOB Kayhian | Euro 0.30 | Euro 0.35 (Downgrade) | Buy | DDM |
| Frencken Group | 12 March | Maybank Kim Eng | $1.03 | $1.34 (Upgrade) | Buy | P/E |
| Centurion Corp | 12 March | Lim & Tan | $1.00 | $1.20 (Upgrade) | Accumulate | P/E |
| DFI Retail Group | 12 March | CGS CIMB | US$2.10 | US$2.71 | Add | P/E |
| LHN Ltd | 11 March | Phillip Securities | $0.46 | $0.56 | Buy | P/E |
| Marco Polo Marine | 11 March | Lim & Tan | $0.05 | $0.75 (Consensus) | Buy | |
| CNMC Goldmine | 11 March | Lim & Tan | $0.31 | Accumulate | ||
| Delfi | 11 March | UOB Kayhian | $0.755 | $0.82 (Downgrade) | Hold | P/E |
| Oiltek Holdings | 11 March | Phillip Securities | $1.22 | $1.48 | Buy | P/E |
| ISDN Holdings | 10 March | CGS CIMB | $0.35 | $0.40 | Add | P/E |
| Wee Hur | 10 March | Phillip Securities | $0.43 | $0.62 | Buy | SOTP |
| SingPost | 10 March | UOB Kayhian | $0.56 | $0.72 | Buy | SOTP |
| Hypens Pharma | 10 March | Phillip Securities | $0.28 | $0.35 | Buy | P/E |
| HR NetGroup | 10 March | Phillip Securities | $0.695 | $0.78 (Downgrade) | Accumulate | P/E |
| China Aviation Oil | 7 March | OCBC Research | $0.86 | $1.10 | Buy | |
| DBS Group | 7 March | Lim & Tan | $45.96 | $49.00 (Consensus) | Accumulate | |
| ST Engineering | 7 March | Lim & Tan | $6.10 | Accumulate on Weakness | ||
| BRC Asia | 7 March | UOB Kayhian | $3.03 | $2.76 (Upgrade) | Hold | P/E |
| Capitaland Ascott Trust | 6 March | UOB Kayhian | $0.86 | $1.38 | Buy | |
| Capitaland Int Com Trust | 6 March | UOB Kayhian | $2.00 | $2.37 | Buy | |
| LHN | 6 March | Maybank Kim Eng | $0.46 | $0.55 | Buy | P/E |
| Centurion Corp | 6 March | UOB Kayhian | $1.01 | $1.16 (Upgrade) | Buy | P/E |
| Yangzijiang | 5 March | Lim & Tan | $2.34 | $3.36 (Consensus) | Accumulate | |
| RH Petrogas | 5 March | UOB Kayhian | $0.156 | $0.254 | Buy | SOTP |
| SEA Ltd | 5 March | CGS CIMB | US$123.50 | US$155.00 | Add | SOP |
| Pacific Radiance | 4 March | CGS CIMB | $0.044 | $0.07 | Add | P/BV |
| SembCorp Ind | 4 March | Maybank Kim Eng | $6.32 | $7.10 (Upgrade) | Buy | SOP |
| Netlink NBN Trust | 4 March | Lim & Tan | $0.85 | $1.00 (Consensus) | Hold | |
| UMS Integrated | 4 March | UOB Kayhian | $1.07 | $1.21 (Upgrade) | Buy (Upgrade) | P/E |
| First Resources | 4 March | UOB Kayhian | $1.59 | $1.75 (Upgrade) | Buy | P/E |
| Daiwa House Log Trust | 3 March | DBS Research | $0.585 | $0.65 (Downgrade) | Buy | |
| First Resources | 3 March | Maybank Kim Eng | $1.46 | $1.69 (Upgrade) | Buy | P/E |
| Innotek | 3 March | Lim & Tan | $0.43 | Accumulate | ||
| Frencken Group | 3 March | UOB Kayhian | $1.04 | $1.16 (Downgrade) | Buy | P/E |
| Sheng Siong | 3 March | Phillip Securiies | $1.64 | $1.76 | Accumulate | P/E |
| AIMS APAC Reit | 2 March | Maybank Kim Eng | $1.23 | $1.39 | Buy | DDM |
| Pan-United Corp | 28 Feb | Phillip Securities | $0.615 | $0.75 (Upgrade) | Buy | DCF |
| ComfortDelgro | 28 Feb | Maybank Kim Eng | $1.41 | $1.64 (Upgrade) | Buy (Upgrade) | DCF |
| Capitaland Investment | 28 Feb | Maybank Kim Eng | $2.62 | $3.30 | Buy | SOTP |
| Yangzijiang | 28 Feb | UOB Kayhian | $2.44 | $3.50 (Downgrade) | Buy | P/E |
| ST Engineering | 28 Feb | UOB Kayhian | $5.25 | $5.55 (Upgrade) | Buy | P/E |
| SembCorp Ind | 28 Feb | UOB Kayhian | $6.03 | $8.00 (Upgrade) | Buy | P/E |
| Hong Leong Asia | 28 Feb | UOB Kayhian | $0.925 | $1.11 | Buy | SOTP |
| Bumitama Agri | 27 Feb | OCBC | $0.83 | $0.965 (Upgrade) | Buy | |
| City Dev | 27 Feb | Lim & Tan | $5.12 | $6.76 (Consensus) | Accumulate on Weakness | |
| OCBC | 27 Feb | UOB Kayhian | $17.21 | $21.10 (Upgrade) | Buy | P/BV |
| Food Empire | 27 Feb | UOB Kayhian | $1.07 | $1.20 (Upgrade) | Buy (Upgrade) | P/E |
| CSE Global | 27 Feb | UOB Kayhian | $0.465 | $0.61 (Upgrade) | Buy | P/E |
| Delfi Ltd | 26 Feb | CGS CIMB | $0.725 | $0.88 | Add | P/E |
| Nanofilm Tech | 26 Feb | CGS CIMB | $0.705 | $0.63 | Reduce | P/E |
| Grand Venture | 26 Feb | DBS Research | $0.84 | $1.12 (Upgrade) | Buy | P/E |
| Aztech Global | 26 Feb | Maybank Kim Eng | $0.73 | $0.82 (Upgrade) | Buy (Upgrade) | P/E |
| PropNex | 26 Feb | UOB Kayhian | $1.14 | $1.30 (Upgrade) | Buy | P/E |
| Raffles Medical | 25 Feb | Phillip Securities | $0.88 | $1.02 | Accumulate | DCF |
| Prime US Reit | 25 Feb | Phillip Securities | US$0.15 | US$0.20 | Buy | DDM |
| Credit Burea Asia | 25 Feb | CGS CIMB | $1.18 | $1.30 | Add | DCF |
| ISO Team | 24 Feb | Maybank Kim Eng | $0.069 | $0.09 | Buy | |
| Riverstone | 24 Feb | CGS CIMB | $0.99 | $1.10 | Add | P/E |
| Venture Corp | 24 Feb | Phillip Securtiies | $12.94 | $11.80 (Downgrade) | Neutral | P/E |
| SIA | 24 Feb | Phillip Securities | $6.53 | $5.73 (Upgrade) | Neutral (Upgrade) | P/BV |
| SATS | 24 Feb | Phillip Securities | $3.29 | $4.34 (Downgrade) | Buy | DCF |
| Seatrium | 22 Feb | CGS CIMB | $2.38 | $2.80 (Downgrade) | Add | P/BV |
| Prime US Reit | 21 Feb | UOB Kayhian | US$0.159 | US$0.29 | Buy | DDM |
| Genting Singapore | 21 Feb | CGS CIMB | $0.775 | $1.05 | Add | EV/EBITDA |
| Sasseur Reit | 21 Feb | Phillip Securtiies | $0.70 | $0.81 | Buy | DDM |
| Grab Holdings | 20 Feb | Maybank Kim Eng | US$5.29 | US$6.24 | Buy | |
| CSE Global | 20 Feb | Lim & Tan | $0.465 | $0.60 (Consensus) | Buy | |
| Marco Polo Marine | 20 Feb | UOB Kayhian | $0.052 | $0.072 | Buy | P/E |
| SingTel | 20 Feb | Phillip Securities | $3.37 | $3.77 | Accumulate | SOP |
| UOB Bank | 19 Feb | Maybank Kim Eng | $38.58 | $44.32 (Upgrade) | Buy | DDM |
| DBS Group | 19 Feb | Phillip Securities | $45.40 | $46.90 | Buy | P/BV |
| China Aviation Oil | 18 Feb | Phillip Securities | $0.94 | $1.05 | Buy | |
| SIA | 18 Feb | Phillip Securities | $6.42 | $5.25 | Reduce | |
| SATS | 18 Feb | Phillip Securities | $3.63 | $4.62 | Buy | |
| Thomson Medical | 18 Feb | Phillip Securities | $0.046 | $0.048 (Downgrade) | Neutral (Downgrade) | SOTP |
| PEC | 18 Feb | Lim & Tan | $0.83 | $0.64 + $0.20 (Privatisation Price) | ||
| Far East Hospitality Trust | 18 Feb | UOB Kayhian | $0.60 | $0.76 (Downgrade) | Buy | DDM |
| Aztech Global | 17 Feb | CGS CIMB | $0.685 | $0.82 (Upgrade) | Add | P/E |
| Keppel DC Reit | 17 Feb | DBS Research | $2.10 | $2.50 | Buy | |
| SIA Engineering | 17 Feb | UOB Kayhian | $2.35 | $2.70 | Buy | DCF |
| Parkway Life Reit | 17 Feb | UOB Kayhian | $3.87 | $4.85 (Downgrade) | Buy | DDM |
| Thai Bev | 17 Feb | Phillip Securities | $0.505 | $0.56 (Downgrade) | Accumulate | P/E |
| IFAST | 14 Feb | UOB Kayhian | $7.87 | $8.30 (Upgrade) | Hold | P/E |
| Digital Core Reit | 14 Feb | UOB Kayhian | US$0.535 | US$0.88 (Downgrade) | Buy | DDM |
| Oiltek Intl Ltd | 13 Feb | Phillip Securities | $1.18 | $1.48 | Buy | P/E |
| BRC Asia | 13 Feb | Phillip Securities | $2.91 | $3.15 (Upgrade) | Accumulate | DCF |
| Thomson Medical | 13 Feb | Maybank Kim Eng | $0.04 | $0.05 (Downgrade) | Hold | EV/EBITDA |
| Oiltek Intl | 13 Feb | UOB Kayhian | $1.15 | $1.37 (Upgrade) | Buy | P/E |
| First Reit | 13 Feb | Phillip Securities | $0.28 | $0.32 (Upgrade) | Buy | DDM |
| Far East Hospitality Trust | 13 Feb | Phillip Securtiies | $0.60 | $0.73 (Downgrade) | Buy | DDM |
| Paragon Reit | 12 Feb | DBS Research | $0.99 | $0.98 (Privatisation Price) | ||
| Suntec Reit | 12 Feb | OCBC Investment Research | $1.14 | $1.14 (Downgrade) | Hold | |
| ISO Team | 12 Feb | Maybank Kim Eng | $0.065 | $0.09 | Buy (Initiate) | P/E |
| Mapletree Ind Trust | 12 Feb | UOB Kayhian | $2.06 | $2.70 (Downgrade) | Buy | DDM |
| Netlink NBN Trust | 11 Feb | Lim & Tan | $0.855 | $1.00 (Consensus) | Hold | |
| DBS Group | 11 Feb | UOB Kayhian | $45.38 | $49.80 (Upgrade) | Hold (Downgrade) | P/BV |
| Q&M Dental | 11 Feb | Phillip Securities | $0.275 | $0.36 | Buy | P/E |
| Elite UK Reit | 11 Feb | Phillip Securities | GBP 0.31 | GBP 0.35 (Upgrade) | Buy | DDM |
| Elite UK Reit | 10 Feb | Lim & Tan | GBP 0.30 | GBP 0.36 (Consensus) | ||
| DBS Group | 10 Feb | Lim & Tan | $44.68 | $46.00 (Consensus) | Accumulate | |
| Frasers Log & Commercial Trust | 10 Feb | UOB Kayhian | $0.885 | $1.26 (Downgrade) | Buy | DDM |
| Suntec Reit | 10 Feb | Phillip Securities | $1.17 | $1.33 | Accumulate | DDM |
| Capitaland Ascendas Reit | 7 Feb | CGS CIMB | $2.59 | $3.10 (Downgrade) | Add | DDM |
| Wilmar | 7 Feb | UOB Kayhian | $3.26 | $3.19 (Upgrade) | Hold | P/E |
| Singapore Exchange | 7 Feb | Phillip Securities | $12.66 | $13.90 | Accumulate | P/E |
| ST Engineering | 6 Feb | CGS CIMB | $4.83 | $5.30 | Add | P/E |
| Parkway Life Reit | 6 Feb | Lim & Tan | $3.94 | $4.44 (Consensus) | Accumulate | |
| Keppel Ltd | 6 Feb | UOB Kayhian | $6.68 | $9.25 | Buy | SOTP |
| Capitaland Integrated Commercial Trust | 6 Feb | UOB Kayhian | $1.93 | $2.37 (Downgrade) | Buy | DDM |
| Frasers Log & Comm Trust | 5 Feb | CGS CIMB | $0.88 | $1.35 | Add | DDM |
| Keppel Pacific Oak US Reit | 5 Feb | UOB Kayhian | US$0.24 | US$0.33 | Buy | DDM |
| Lendlease Global Commercial Reit | 5 Feb | Phillip Securities | $0.54 | $0.74 (Downgrade) | Buy | DDM |
| Capitaland India Trust | 4 Feb | DBS Research | $1.02 | $1.45 (Upgrade) | Buy | |
| Singtel | 4 Feb | CGS CIMB | $3.22 | $3.70 | Add | SOP |
| SATS | 4 Feb | UOB Kayhian | $3.35 | $4.00 (Downgrade) | Buy | P/E |
| Keppel Infrastructure Trust | 4 Feb | Lim & Tan | $0.455 | $0.50 (Consensus) | Hold | |
| Capitaland Investment | 4 Feb | Lim & Tan | $2.42 | $3.52 (Consensus) | Accumulate | |
| Capitaland Ascott Trust | 3 Feb | OCBC | $0.895 | $0.99 | Buy | |
| Genting Singapore | 3 Feb | CGS CIMB | $0.755 | $1.05 | Add | EV/EBITDA |
| SembCorp Ind | 3 Feb | UOB Kayhian | $5.58 | $7.47 | Buy | |
| Keppel Corp | 3 Feb | UOB Kayhian | $6.78 | $9.25 | Buy | |
| UOB | 31 Jan | Maybank Kim Eng | $37.36 | $38.75 | Buy | |
| Keppel Reit | 31 Jan | UOB Kayhian | $0.86 | $1.06 (Downgrade) | Buy | DDM |
| Mapletree Ind Trust | 31 Jan | UOB Kayhian | $2.15 | $2.89 | Buy | DDM |
| Keppel DC Reit | 31 Jan | UOB Kayhian | $2.15 | $2.53 | Buy | DDM |
| DC Reit (US$) | 31 Jan | UOB Kayhian | US$0.56 | US$0.93 | Buy | DDM |
| SEA (SE US) | 28 Jan | UOB Kayhian | US$117.79 | US138.70 | Buy | SOTP |
| Capitaland Ascott Trust | 28 Jan | Phillip Securities | $0.89 | $1.05 (Upgrade) | Buy | DDM |
| OUE Reit | 27 Jan | CGS CIMB | $0.30 | $0.32 (Downgrade) | Hold | DDM |
| ESR Reit | 27 Jan | CGS CIMB | $0.26 | $0.36 | Add | DDM |
| ComfortDelgro | 27 Jan | UOB Kayhian | $1.39 | $1.77 | Buy | P/E |
| Mapletree Pan Asia Commercial Trust | 27 Jan | UOB Kayhian | $1.20 | $1.60 (Downgrade) | Buy | DDM |
| OUE Reit | 27 Jan | Phillip Securities | $0.30 | $0.40 | Buy | DDM |
| Keppel DC Reit | 27 Jan | Phillip Securities | $2.27 | $2.25 (Upgrade) | Neutral | DDM |
| Suntec Reit | 24 Jan | Lim & Tan | $1.21 | Takeover Offer $1.19 | Hold | |
| Fraser Centerpoint Trust | 24 Jan | Phillip Securities | $2.11 | $2.44 | Buy (Upgrade) | DDM |
| Mapletree Ind Trust | 23 Jan | CGS CIMB | $2.21 | $2.82 | Add | DDM |
| Mapletree Log Trust | 23 Jan | UOB Kayhian | $1.27 | $1.35 (Downgrade) | Hold | DDM |
| Sabana Industrial Reit | 22 Jan | Lim & Tan | $0.375 | $0.30 (Consensus) | ||
| Mapletree Log Trust | 22 Jan | Lim & Tan | $1.27 | $1.56 (Consensus) | Accumulate | |
| PropNex | 22 Jan | UOB Kayhian | $1.07 | $1.18 (Upgrade) | Buy | P/E |
| Nanofilm | 21 Jan | CGS CIMB | $0.77 | $0.63 | Reduce | P/E |
| Q & M Dental | 21 Jan | Lim & Tan | $0.28 | $0.35 (Consensus) | Accumulate on Weakness | |
| SembCorp Ind | 21 Jan | Lim & Tan | $5.66 | $6.80 (Consensus) | Accumulate | |
| CSE Global | 20 Jan | Maybank Kim Eng | $0.44 | $0.64 | Buy | P/E |
| Seatrium | 20 Jan | CGS CIMB | $2.23 | $2.90 (Upgrade) | Add | P/BV |
| PropNex | 17 Jan | DBS Research | $0.99 | $1.15 | Buy | |
| City Dev | 17 Jan | Lim & Tan | $5.05 | $6.98 (Consensus) | Buy | |
| Mapletree Log Trust | 17 Jan | Lim & Tan | $1.27 | $1.56 (Consensus) | Accumulate | |
| OCBC | 17 Jan | UOB Kayhian | $17.02 | $20.80 | Buy | P/BV |
| First Reit | 16 Jan | Phillip Securities | $0.27 | $0.30 | Buy | DDM |
| DBS Group | 15 Jan | Lim & Tan | $43.90 | $45.80 (Consensus) | ||
| Capitaland Investment | 15 Jan | Lim & Tan | $2.46 | $3.55 (Consensus) | Accumulate | |
| United Hampshire Reit | 15 Jan | UOB Kayhian | US$0.475 | US$0.57 | Buy | DDM |
| Prime US Reit | 13 Jan | UOB Kayhian | US$0.175 | US$0.33 | Buy | DDM |
| KepPacOak Reit | 13 Jan | UOB Kayhian | US$0.205 | US$0.32 | Buy | DDM |
| Zixin Group Holdings | 13 Jan | Phillip Securities | $0.03 | $0.056 | Buy | DCF |
| OCBC | 13 Jan | Phillip Securities | $17.10 | $18.80 | Accumulate | P/BV |
| United Overseas Bank | 10 Jan | OCBC Investment | $37.58 | $37.50 | Hold (Downgrade) | |
| ComfortDelgro | 10 Jan | UOB Kayhian | $1.44 | $1.77 | Buy | P/E |
| Capitaland Ascott Trust | 8 Jan | Maybank Kim Eng | $0.895 | $1.15 | Buy | |
| Far East Hospitality | 8 Jan | Maybank Kim Eng | $0.615 | $0.80 | Buy | |
| Wilmar | 8 Jan | CGS CIMB | $3.05 | $3.47 | Add | P/E |
| Parkwaylife Reit | 8 Jan | Maybank Kim Eng | $3.79 | $4.10 | Buy (Initate) | DDM |
| SingPost | 8 Jan | Lim & Tan | $0.555 | $0.74 (Consensus) | ||
| Centurion Corp | 8 Jan | Lim & Tan | $0.96 | $1.05 (Consensus) | ||
| Digital Core Reit | 8 Jan | UOB Kayhian | US$0.545 | US$0.99 (Upgrade) | Buy | DDM |
| APAC Realty | 7 Jan | DBS Research | $0.385 | $0.50 (Upgrade) | Buy | |
| PropNex | 7 Jan | DBS Research | $0.945 | $1.15 (Upgrade) | Buy | |
| United Hampshire Reit | 7 Jan | Lim & Tan | $0.475 | $0.64 (Consensus) | ||
| DBS Group | 6 Jan | UOB Kayhian | $43.62 | $46.50 | Buy | P/BV |
| CSE Global | 6 Jan | Maybank Kim Eng | $0.43 | $0.64 (Upgrade) | Buy | P/E |
| UOB | 3 Jan | CGS CIMB | $36.58 | $39.50 | Add | |
| OCBC | 3 Jan | CGS CIMB | $16.57 | $17.70 | Add | |
| Oiltek | 3 Jan | CGS CIMB | $1.01 | $1.32 | Add | P/E |
| Marco Polo Marine | 3 Jan | Lim & Tan | $0.053 | Accumulate on Weakness | ||
| SingPost | 3 Jan | Maybank Kim Eng | $0.44 | $0.77 | Buy | |
| Mapletree Log Trust | 3 Jan | UOB Kayhian | $1.29 | $1.41 (Downgrade) | Hold | DDM |
| Wee Hur | 3 Jan | Phillip Securities | $0.42 | $0.62 | Buy (Initate) | SOTP |
| Seatrium | 2 Jan | UOB Kayhian | $2.07 | $2.80 | Buy | |
| Genting Singapore | 2 Jan | UOB Kayhian | $0.765 | $1.12 | Buy | |
| CNMC | 2 Jan | Lim & Tan | $0.245 | Buy | ||
| Frasers Log & Commercial Trust | 2 Jan | UOB Kayhian | $0.88 | $1.33 (Downgrade) | Buy | DDM |
| Capitaland Investment | 17 Dec | Lim & Tan | $2.63 | $3.55 (Consensus) | Accumulate | |
| Capitaland Integrated Commercial Trust | 16 Dec | Maybank Kim Eng | $1.93 | $2.30 | Buy | |
| Thomson Medical | 16 Dec | Maybank Kim Eng | $0.05 | $0.06 | Buy | |
| Mapletree Log Trust | 16 Dec | Maybank Kim Eng | $1.27 | $1.60 | Buy | |
| CDL H Trust | 16 Dec | Maybank Kim Eng | $0.87 | $1.10 | Buy | |
| XMH Holdings | 13 Dec | Lim & Tan | $0.365 | Accumulate | ||
| AIMS APAC Reit | 13 Dec | Lim & Tan | $1.25 | $1.47 (Consensus) | Buy | |
| Hong Leong Asia | 13 Dec | UOB Kayhian | $0.83 | $1.11 (Downgrade) | Buy | SOTP |
| Pacific Radiance | 12 Dec | CGS CIMB | $0.047 | $0.07 | Add (Initiate) | P/BV |
| Oiltek International | 11 Dec | UOB Kayhian | $0.975 | $1.22 | Buy (initiate) | P/E |
| SembCorp Ind | 10 Dec | Maybank Kim Eng | $5.62 | $6.20 (Upgrade) | Buy | SOTP |
| Civmec | 10 Dec | Lim & Tan | $1.12 | Accumulate on Weakness | ||
| ST Engineering | 9 Dec | CGS CIMB | $4.58 | $5.30 | Add | P/E |
| CNMC Goldmine | 9 Dec | Lim & Tan | $0.255 | Buy | ||
| Kimly | 9 Dec | UOB Kayhian | $0.32 | $0.34 (Downgrade) | Hold | P/E |
| Suntec Reit | 6 Dec | Lim & Tan | $1.16 | $1.24 (Consensus) | Not to Accept | |
| Keppel Ltd | 4 Dec | Lim & Tan | $6.81 | $8.11 (Consensus) | Accumulate | |
| Marco Polo Marine | 3 Dec | Maybank Kim Eng | $0.05 | $0.08 | Buy | P/E |
| SembCorp Ind | 3 Dec | Lim & Tan | $5.28 | $6.82 (Consensus) | Accumulate | |
| Yangzijiang | 3 Dec | Lim & Tan | $2.43 | $3.25 (Consensus) | Accumulate | |
| Singtel | 2 Dec | Maybank Kim Eng | $3.10 | $3.65 | Buy | |
| LHN | 2 Dec | Maybank Kim Eng | $0.43 | $0.55 (Upgrade) | Buy | P/E |
| SingPost | 2 Dec | Lim & Tan | $0.58 | $0.64 | Accumulate on Weakness | |
| Centurion Corp | 2 Dec | Phillip Securities | $0.94 | $1.02 | Acumulate | DCF |
Comments
In any case, thank you for the efforts!
Kingsley
www.theholyfinancier.com
The report can be accessed at: http://www.remisiers.org/cms_images/research/Aug13-Aug17_2012/BreadTalk-120813-OIR.pdf