First Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/20/16	CIMB	First Reit	1.195	1.33	Add	DDM
01/20/16	OCBC	First Reit	1.195	1.36	Hold
01/21/16	Amfrasers	First Reit	1.195	1.25	Buy	DDM
01/21/16	phillip	First Reit	1.195	1.38	Buy	DDM
03/17/16	phillip	First Reit	1.22	1.38	Buy	DDM
04/19/16	CIMB	First Reit	1.25	1.33	Add	DDM
04/19/16	OCBC	First Reit	1.25	1.36	Hold
04/19/16	phillip	First Reit	1.25	1.38	Accumulate	DDM
04/20/16	Amfrasers	First Reit	1.26	1.24	Hold	DDM
07/15/16	CIMB	First Reit	1.3	1.38	Add	DDM
07/15/16	Lim & Tan	First Reit	1.3	0	Hold
07/15/16	OCBC	First Reit	1.3	1.36	Hold
07/18/16	phillip	First Reit	1.315	1.32	Accumulate	DDM
10/14/16	phillip	First Reit	1.34	1.32	Accumulate
10/20/16	OCBC	First Reit	1.385	1.36	Hold
10/21/16	CIMB	First Reit	1.39	1.38	Hold	DDM
11/09/16	phillip	First Reit	1.32	1.32	Accumulate	DDM
01/19/17	CIMB	First Reit	1.305	1.26	Hold
01/19/17	OCBC	First Reit	1.305	1.32	Hold
01/19/17	phillip	First Reit	1.305	1.32	Accumulate	DDM
03/16/17	OCBC	First Reit	1.285	1.32	Hold
04/18/17	CIMB	First Reit	1.345	1.36	Hold	DDM
04/18/17	OCBC	First Reit	1.345	1.32	Hold	Buy @ $1.25 or lower
04/18/17	phillip	First Reit	1.345	1.32	Hold	DDM
05/25/17	OCBC	First Reit	1.31	1.32	Hold
07/18/17	OCBC	First Reit	1.335	1.32	Hold
07/18/17	Lim & Tan	First Reit	1.335	0	Hold
07/19/17	phillip	First Reit	1.34	1.32	Neutral	DDM, PB1.22x FY17
07/19/17	CIMB	First Reit	1.34	1.36	Hold	DDM
08/17/17	OCBC	First Reit	1.33	1.38	Hold
10/03/17	OCBC	First Reit	1.335	1.38	Hold
10/05/17	Amfrasers	First Reit	1.36	1.38	Not Rated	DCF
10/20/17	phillip	First Reit	1.37	1.32	Neutral	DDM
10/24/17	OCBC	First Reit	1.38	1.44	Buy
10/25/17	CIMB	First Reit	1.38	1.39	Hold	DDM
12/11/17	OCBC	First Reit	1.39	1.44	Buy