Isoteam - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/07/16	UOB Kay Hian	ISOTeam	0.62	0.73	Buy	PER9.6x FY17
02/03/16	DMG & Partners	ISOTeam	0.61	0.82	Buy	DCF, PER10x FY16
02/22/16	Kim Eng	ISOTeam	0.32	0.41	Not Rated	Bloomberg consensus, Ex-Bonus 1 for 1
06/01/16	DMG & Partners	ISOTeam	0.32	0.41	Buy	DCF, PER10x FY16
07/27/16	UOB Kay Hian	ISOTeam	0.38	0.53	Buy	DCF
08/10/16	DMG & Partners	ISOTeam	0.425	0.51	Buy	DCF, PER12x FY17
08/25/16	UOB Kay Hian	ISOTeam	0.43	0.53	Hold	DCF, PER13.3x, PB2.5x
08/26/16	DMG & Partners	ISOTeam	0.41	0.54	Buy
12/02/16	DMG & Partners	ISOTeam	0.385	0.54	Buy
01/10/17	DMG & Partners	ISOTeam	0.395	0.54	Buy	DCF, PER14x FY17
01/12/17	UOB Kay Hian	ISOTeam	0.405	0.6	Buy	DCF
02/14/17	UOB Kay Hian	ISOTeam	0.42	0.6	Buy	DCF
02/15/17	DMG & Partners	ISOTeam	0.405	0.59	Buy	DCF, PER13.5x FY17
03/02/17	UOB Kay Hian	ISOTeam	0.395	0.6	Buy
05/15/17	UOB Kay Hian	ISOTeam	0.37	0.54	Buy
08/28/17	DMG & Partners	ISOTeam	0.345	0.5	Buy	DCF
11/13/17	DMG & Partners	ISOTeam	0.345	0.46	Buy	DCF, PER13x FY18