OUE Hospitality - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/08/16	DBS Vickers	OUE Hospitality	0.755	0.91	Buy	DCF
01/26/16	Deutsche	OUE Hospitality	0.745	0.8	Hold
01/26/16	OCBC	OUE Hospitality	0.745	0.8	Hold
01/27/16	DMG & Partners	OUE Hospitality	0.75	0.67	Sell	DDM, PB0.74x
02/01/16	Amfrasers	OUE Hospitality	0.73	0.815	Buy
02/25/16	Deutsche	OUE Hospitality	0.74	0.8	Hold
03/07/16	CIMB	OUE Hospitality	0.77	0.77	Hold	DDM
03/08/16	Lim & Tan	OUE Hospitality	0.765	0	Hold	Buy @ $0.7092
03/09/16	CIMB	OUE Hospitality	0.755	0.67	Hold	DDM
03/10/16	OCBC	OUE Hospitality	0.75	0.7	Hold	Ex-Bonus 33 for 100 @ $0.54
03/11/16	Amfrasers	OUE Hospitality	0.75	0.75	Buy	Ex-Bonus 33 for 100 @ $0.54
03/17/16	DMG & Partners	OUE Hospitality	0.685	0.86	Buy	DDM
03/24/16	Deutsche	OUE Hospitality	0.67	0.7	Hold
04/13/16	Credit Suisse	OUE Hospitality	0.67	0.86	Neutral
05/09/16	CIMB	OUE Hospitality	0.675	0.71	Hold	DDM
05/09/16	DBS Vickers	OUE Hospitality	0.675	0.75	Buy
05/09/16	Lim & Tan	OUE Hospitality	0.675	0	Hold
05/09/16	OCBC	OUE Hospitality	0.675	0.67	Hold
05/10/16	Amfrasers	OUE Hospitality	0.67	0.72	Buy
05/10/16	DMG & Partners	OUE Hospitality	0.67	0.75	Buy	DDM
05/17/16	Deutsche	OUE Hospitality	0.66	0.65	Hold
06/22/16	DMG & Partners	OUE Hospitality	0.67	0.86	Buy
07/04/16	DMG & Partners	OUE Hospitality	0.69	0.75	Buy
07/04/16	OCBC	OUE Hospitality	0.69	0.67	Hold
07/26/16	Deutsche	OUE Hospitality	0.72	0.65	Hold
08/02/16	Credit Suisse	OUE Hospitality	0.71	0.78	Neutral
08/02/16	DBS Vickers	OUE Hospitality	0.71	0.75	Buy
08/02/16	Lim & Tan	OUE Hospitality	0.71	0	Hold
08/02/16	OCBC	OUE Hospitality	0.71	0.73	Hold
08/02/16	Religare	OUE Hospitality	0.71	0.74	Hold
08/03/16	CIMB	OUE Hospitality	0.69	0.79	Add	DDM
09/07/16	Credit Suisse	OUE Hospitality	0.685	0.78	Neutral
09/22/16	CIMB	OUE Hospitality	0.66	0.75	Add	DDM
10/18/16	DBS Vickers	OUE Hospitality	0.685	0.75	Buy
11/01/16	CIMB	OUE Hospitality	0.68	0.77	Add	DDM
11/01/16	DBS Vickers	OUE Hospitality	0.68	0.72	Buy	DCF
11/01/16	DMG & Partners	OUE Hospitality	0.68	0.7	Neutral
11/01/16	Lim & Tan	OUE Hospitality	0.68	0	Hold
11/01/16	OCBC	OUE Hospitality	0.68	0.73	Buy
11/16/16	Deutsche	OUE Hospitality	0.64	0.65	Hold
12/05/16	DMG & Partners	OUE Hospitality	0.655	0.7	Neutral
12/07/16	Deutsche	OUE Hospitality	0.65	0.65	Hold
12/16/16	OCBC	OUE Hospitality	0.64	0.73	Buy
01/04/17	OCBC	OUE Hospitality	0.685	0.73	Buy
01/09/17	DBS Vickers	OUE Hospitality	0.68	0.72	Buy	DCF
01/26/17	CIMB	OUE Hospitality	0.685	0.71	Add	DDM
01/26/17	DMG & Partners	OUE Hospitality	0.685	0.7	Neutral	DDM
01/26/17	OCBC	OUE Hospitality	0.685	0.75	Buy
01/27/17	DBS Vickers	OUE Hospitality	0.685	0.75	Buy	DCF
01/31/17	Credit Suisse	OUE Hospitality	0.69	0.78	Neutral
02/08/17	OCBC	OUE Hospitality	0.675	0.75	Buy
02/28/17	Deutsche	OUE Hospitality	0.69	0.65	Hold
03/10/17	DMG & Partners	OUE Hospitality	0.675	0.7	Neutral
03/16/17	OCBC	OUE Hospitality	0.68	0.75	Buy
04/03/17	DMG & Partners	OUE Hospitality	0.69	0.76	Buy	DDM
04/17/17	OCBC	OUE Hospitality	0.71	0.75	Buy
05/05/17	DBS Vickers	OUE Hospitality	0.715	0.76	Buy	DCF
05/05/17	DMG & Partners	OUE Hospitality	0.715	0.76	Buy	DDM
05/05/17	OCBC	OUE Hospitality	0.715	0.75	Buy
05/15/17	DMG & Partners	OUE Hospitality	0.705	0.78	Buy	DDM
06/09/17	OCBC	OUE Hospitality	0.72	0.75	Buy
06/22/17	Deutsche	OUE Hospitality	0.725	0.65	Hold
07/04/17	OCBC	OUE Hospitality	0.755	0.75	Buy
07/12/17	DMG & Partners	OUE Hospitality	0.76	0.78	Buy
08/02/17	CIMB	OUE Hospitality	0.76	0.82	Add	DDM
08/02/17	DMG & Partners	OUE Hospitality	0.76	0.83	Buy	DDM
08/02/17	OCBC	OUE Hospitality	0.76	0.82	Buy
08/02/17	Lim & Tan	OUE Hospitality	0.76	0	Hold
08/03/17	DBS Vickers	OUE Hospitality	0.77	0.8	Buy	DCF
09/21/17	DMG & Partners	OUE Hospitality	0.79	0.83	Buy
09/21/17	OCBC	OUE Hospitality	0.79	0.82	Buy
11/02/17	CIMB	OUE Hospitality	0.81	0.84	Add	DDM
11/02/17	Credit Suisse	OUE Hospitality	0.81	0.78	Neutral
11/02/17	OCBC	OUE Hospitality	0.81	0.82	Hold
11/02/17	DBS Vickers	OUE Hospitality	0.81	0.85	Buy	DCF
11/03/17	DMG & Partners	OUE Hospitality	0.815	0.88	Buy	DDM
12/01/17	OCBC	OUE Hospitality	0.815	0.82	Hold
12/06/17	DBS Vickers	OUE Hospitality	0.825	0.85	Buy
12/19/17	DMG & Partners	OUE Hospitality	0.835	0.88	Buy
01/03/18	DMG & Partners	OUE Hospitality	0.855	0.91	Buy	DDM
01/04/18	Deutsche	OUE Hospitality	0.87	0.65	Sell
01/04/18	CIMB	OUE Hospitality	0.87	0.89	Add	DDM
01/05/18	OCBC	OUE Hospitality	0.875	0.83	Hold
01/31/18	DBS Vickers	OUE Hospitality	0.885	0.93	Buy	DCF
01/31/18	Lim & Tan	OUE Hospitality	0.885	0	Hold