CDL Hospitality - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/05/16	UOB Kay Hian	CDL Hospitality	1.32	1.64	Buy
01/08/16	DBS Vickers	CDL Hospitality	1.305	1.54	Buy	DCF
01/29/16	CIMB	CDL Hospitality	1.28	1.34	Hold	DDM
01/29/16	Credit Suisse	CDL Hospitality	1.28	1.41	Neutral
01/29/16	DIR	CDL Hospitality	1.28	1.6	Buy	DDM
01/29/16	DMG & Partners	CDL Hospitality	1.28	1.14	Sell	DDM
01/29/16	Lim & Tan	CDL Hospitality	1.28	0	Accumulate
01/29/16	OCBC	CDL Hospitality	1.28	1.38	Buy
03/10/16	OCBC	CDL Hospitality	1.285	1.38	Buy
03/17/16	DMG & Partners	CDL Hospitality	1.29	1.48	Buy	DDM
03/30/16	UOB Kay Hian	CDL Hospitality	1.29	1.64	buy	DDM
04/12/16	OCBC	CDL Hospitality	1.31	1.38	Buy
04/13/16	DBS Vickers	CDL Hospitality	1.36	1.54	Buy
04/22/16	UOB Kay Hian	CDL Hospitality	1.46	1.64	Buy
04/28/16	Credit Suisse	CDL Hospitality	1.475	1.6	Outperform
05/03/16	OCBC	CDL Hospitality	1.395	1.38	Hold
05/03/16	UOB Kay Hian	CDL Hospitality	1.395	1.55	Buy	DDM
05/04/16	DBS Vickers	CDL Hospitality	1.375	1.5	Buy
05/17/16	CIMB	CDL Hospitality	1.375	1.38	Hold
06/09/16	UOB Kay Hian	CDL Hospitality	1.41	1.55	Buy
06/13/16	Credit Suisse	CDL Hospitality	1.43	1.6	Outperform
06/14/16	CIMB	CDL Hospitality	1.415	1.38	Hold
06/20/16	DBS Vickers	CDL Hospitality	1.41	1.51	Buy
06/20/16	Lim & Tan	CDL Hospitality	1.41	0	Accumulate
07/04/16	DMG & Partners	CDL Hospitality	1.435	1.48	Buy
07/08/16	UOB Kay Hian	CDL Hospitality	1.455	1.55	Buy
07/12/16	OCBC	CDL Hospitality	1.46	1.38	Hold
07/15/16	Credit Suisse	CDL Hospitality	1.49	1.6	Outperform
07/18/16	CIMB	CDL Hospitality	1.5	1.46	Hold	DDM
07/18/16	UOB Kay Hian	CDL Hospitality	1.5	1.7	Buy
07/19/16	Credit Suisse	CDL Hospitality	1.49	1.67	Outperform
08/01/16	CIMB	CDL Hospitality	1.47	1.43	Hold	DDM
08/01/16	DBS Vickers	CDL Hospitality	1.47	1.65	Buy
08/01/16	DIR	CDL Hospitality	1.47	1.58	Outperform	DDM
08/01/16	OCBC	CDL Hospitality	1.47	1.53	Buy
08/01/16	UOB Kay Hian	CDL Hospitality	1.47	1.55	Hold
08/31/16	Credit Suisse	CDL Hospitality	1.4	1.6	Outperform
09/02/16	UOB Kay Hian	CDL Hospitality	1.38	1.55	Hold
09/20/16	DIR	CDL Hospitality	1.38	1.55	Outperform	DDM
10/04/16	Credit Suisse	CDL Hospitality	1.4	1.6	Outperform
10/05/16	UOB Kay Hian	CDL Hospitality	1.395	1.55	Hold
10/06/16	OCBC	CDL Hospitality	1.39	1.53	Buy
10/14/16	DIR	CDL Hospitality	1.37	1.55	Outperform
10/18/16	DBS Vickers	CDL Hospitality	1.35	1.65	Buy
10/31/16	CIMB	CDL Hospitality	1.325	1.42	Add	DDM
10/31/16	DBS Vickers	CDL Hospitality	1.325	1.59	Buy	DCF
10/31/16	DIR	CDL Hospitality	1.325	1.49	Outperform	DDM
10/31/16	OCBC	CDL Hospitality	1.325	1.48	Buy
11/01/16	Credit Suisse	CDL Hospitality	1.34	1.53	Outperform
11/08/16	DBS Vickers	CDL Hospitality	1.325	1.59	Buy
11/21/16	OCBC	CDL Hospitality	1.32	1.48	Buy
12/05/16	DMG & Partners	CDL Hospitality	1.32	1.47	Neutral
12/09/16	UOB Kay Hian	CDL Hospitality	1.34	1.41	Hold
12/16/16	OCBC	CDL Hospitality	1.32	1.48	Buy
01/04/17	OCBC	CDL Hospitality	1.355	1.48	Buy
01/09/17	DBS Vickers	CDL Hospitality	1.39	1.59	Buy
01/18/17	DIR	CDL Hospitality	1.4	1.49	Outperform
01/27/17	CIMB	CDL Hospitality	1.42	1.42	Hold	DDM
01/27/17	DBS Vickers	CDL Hospitality	1.42	1.65	Buy	DCF
01/27/17	DIR	CDL Hospitality	1.42	1.5	Outperform	DDM
01/27/17	DMG & Partners	CDL Hospitality	1.42	1.47	Neutral
01/27/17	OCBC	CDL Hospitality	1.42	1.46	Hold
01/27/17	UOB Kay Hian	CDL Hospitality	1.42	1.47	Hold	DDM
01/31/17	Credit Suisse	CDL Hospitality	1.415	1.53	Outperform
03/07/17	UOB Kay Hian	CDL Hospitality	1.39	1.47	Hold
03/10/17	DMG & Partners	CDL Hospitality	1.385	1.47	Neutral
04/03/17	CIMB	CDL Hospitality	1.435	1.42	Hold
04/07/17	DMG & Partners	CDL Hospitality	1.48	1.47	Neutral
04/11/17	UOB Kay Hian	CDL Hospitality	1.47	1.47	Hold	DDM
04/18/17	DIR	CDL Hospitality	1.49	1.5	Outperform
04/27/17	Credit Suisse	CDL Hospitality	1.51	1.64	Outperform
04/27/17	DBS Vickers	CDL Hospitality	1.51	1.7	Buy	DCF
04/27/17	DIR	CDL Hospitality	1.51	1.59	Outperform	DDM
04/27/17	DMG & Partners	CDL Hospitality	1.51	1.62	Buy	DDM
04/27/17	OCBC	CDL Hospitality	1.51	1.49	Hold
05/08/17	DBS Vickers	CDL Hospitality	1.54	1.75	Buy	DCF
05/08/17	DIR	CDL Hospitality	1.54	1.65	Outperform	DDM
05/08/17	OCBC	CDL Hospitality	1.54	1.51	Hold
05/25/17	UOB Kay Hian	CDL Hospitality	1.615	1.62	Hold
06/12/17	DBS Vickers	CDL Hospitality	1.61	1.75	Buy
06/13/17	CIMB	CDL Hospitality	1.63	1.52	Hold	DDM
06/16/17	DIR	CDL Hospitality	1.64	1.72	Outperform	DDM
06/29/17	DMG & Partners	CDL Hospitality	1.63	1.7	Buy	DDM
06/29/17	OCBC	CDL Hospitality	1.63	1.52	Hold	Ex-rights $1.48 (20-for-100 @ $1.28)
07/04/17	DIR	CDL Hospitality	1.62	1.58	Hold	DDM
07/04/17	OCBC	CDL Hospitality	1.62	1.48	Hold	Ex-rights
07/12/17	DMG & Partners	CDL Hospitality	1.56	1.7	Buy	DDM
07/31/17	UOB Kay Hian	CDL Hospitality	1.59	1.62	Hold	DDM
07/31/17	OCBC	CDL Hospitality	1.59	1.525	Hold
07/31/17	CIMB	CDL Hospitality	1.59	1.56	Hold	DDM
07/31/17	Credit Suisse	CDL Hospitality	1.59	1.7	Outperform
07/31/17	DBS Vickers	CDL Hospitality	1.59	1.75	Buy	DCF
08/21/17	OCBC	CDL Hospitality	1.62	1.525	Hold
08/28/17	DBS Vickers	CDL Hospitality	1.605	1.75	Buy
09/21/17	DMG & Partners	CDL Hospitality	1.6	1.7	Buy
10/11/17	DBS Vickers	CDL Hospitality	1.64	1.75	Buy
10/23/17	UOB Kay Hian	CDL Hospitality	1.63	1.62	Hold
10/23/17	DIR	CDL Hospitality	1.63	1.61	Hold	DDM
10/30/17	DMG & Partners	CDL Hospitality	1.63	1.7	Buy
10/30/17	UOB Kay Hian	CDL Hospitality	1.63	1.7	Hold	DDM
10/30/17	OCBC	CDL Hospitality	1.63	1.555	Hold
10/30/17	CIMB	CDL Hospitality	1.63	1.62	Hold	DDM
10/30/17	DBS Vickers	CDL Hospitality	1.63	1.75	Buy	DCF
11/20/17	DIR	CDL Hospitality	1.64	1.61	Hold