Asian Pay TV - Stock calls

02/24/16	DBS Vickers	APTV	0.63	0.62	Hold	DCF
02/24/16	Lim & Tan	APTV	0.63	0	Hold
05/10/16	Lim & Tan	APTV	0.595	0	Hold
05/11/16	Amfrasers	APTV	0.595	0.51	Hold	EV/Ebitda9.7x FY16
04/21/17	Phillip	APTV	0.49	0.64	Buy	DCF, EV/Ebitda10.7x
05/16/17	Phillip	APTV	0.55	0.64	Buy	DCF, EV/Ebitda10.7x
05/17/17	Amfrasers	APTV	0.55	0.65	Buy	DDM
08/15/17	Phillip	APTV	0.58	0.64	Buy
08/16/17	Amfrasers	APTV	0.58	0.6	Buy	DDM
11/14/17	Phillip	APTV	0.605	0.64	Accumulate