First Resources - Mixed calls by analysts.

Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method

01/18/10 DBS Vickers First Resources 1.24 1.16 Hold DCF
03/02/10 DBS Vickers First Resources 1.04 1.29 Buy
05/12/10 DBS Vickers First Resources 1.06 1.36 Buy
08/03/10 DBS Vickers First Resources 1.14 1.35 Buy DCF
11/22/10 DBS Vickers First Resources 1.39 1.55 Buy

01/13/10 DMG & Partners First Resources 1.23 1.4 Buy PER15x
03/03/10 DMG & Partners First Resources 1.03 1.4 Buy PER15x
04/09/10 DMG & Partners First Resources 1.17 1.5 Buy PER15x
05/12/10 DMG & Partners First Resources 1.07 1.4 Buy PER15x
05/14/10 DMG & Partners First Resources 1.1 1.4 Buy PER15x
06/15/10 DMG & Partners First Resources 1.07 1.4 Buy PER15x
08/17/10 DMG & Partners First Resources 1.13 1.54 Buy
08/17/10 DMG & Partners First Resources 1.13 1.54 Buy PER15x
11/16/10 DMG & Partners First Resources 1.4 1.87 Buy PER18x
12/09/10 DMG & Partners First Resources 1.54 2.05 Buy
12/13/10 DMG & Partners First Resources 1.53 2.05 Buy
12/23/10 DMG & Partners First Resources 1.48 2.05 Buy PER17.1x
01/05/11 DMG & Partners First Resources 1.41 2.05 Buy

09/28/10 phillip First Resources 1.14 1.33 Buy DCF
11/15/10 phillip First Resources 1.4 1.54 Hold DCF

09/06/10 UOB Kay Hian First Resources 1.13 1.13 Hold Buy @ $1