Delfi - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/08/16	OCBC	Delfi	2.06	1.97	Sell
02/23/16	CIMB	Delfi	2.39	1.77	Reduce	PER25x CY17
02/24/16	DBS Vickers	Delfi	2.46	2.21	Hold
02/24/16	DMG & Partners	Delfi	2.46	2	Sell	DCF, PER47x FY16
02/24/16	OCBC	Delfi	2.46	1.92	Sell	PER30x FY16
03/21/16	OCBC	Delfi	2.8	1.92	Sell
05/13/16	CIMB	Delfi	2.5	2.69	Hold
05/13/16	DBS Vickers	Delfi	2.5	2.56	Hold
05/13/16	OCBC	Delfi	2.5	2.15	Sell	PER30x FY16
06/09/16	OCBC	Delfi	2.48	2.15	Sell	PER30x FY16
08/11/16	CIMB	Delfi	2.5	2.69	Hold	PER25x CY17
08/12/16	DBS Vickers	Delfi	2.61	2.42	Hold
09/22/16	OCBC	Delfi	2.15	2.34	Hold
11/11/16	CIMB	Delfi	2.2	2.31	Hold	PER25x CY18
11/11/16	OCBC	Delfi	2.2	2.39	Hold
12/09/16	DBS Vickers	Delfi	2.25	2.16	Hold
01/03/17	DMG & Partners	Delfi	2.22	2.55	Buy
01/16/17	OCBC	Delfi	2.25	2.39	Hold
02/23/17	CIMB	Delfi	2.32	2.3	Hold	PER25x CY18
02/23/17	OCBC	Delfi	2.32	2.39	Hold	PER30x FY17
02/24/17	DMG & Partners	Delfi	2.35	2.55	Neutral	DCF
02/24/17	OCBC	Delfi	2.35	2.37	Hold	PER30x FY17
02/27/17	DBS Vickers	Delfi	2.33	2.26	Hold	PER26x FY17/18
03/17/17	OCBC	Delfi	2.24	2.37	Hold
05/09/17	OCBC	Delfi	2.2	2.37	Hold
05/11/17	CIMB	Delfi	2.2	2.3	Hold	PER25x CY18
05/11/17	OCBC	Delfi	2.2	2.21	Hold	PER30x FY17/18
06/16/17	OCBC	Delfi	2.05	2.21	Hold
08/10/17	OCBC	Delfi	2.12	2.08	Hold	PER30x FY18
08/10/17	DMG & Partners	Delfi	2.12	2	Neutral	DCF
10/02/17	DMG & Partners	Delfi	1.515	1.86	Buy	DCF
11/15/17	DMG & Partners	Delfi	1.45	1.65	Buy	DCF