Sinarmas Land - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/15/16	DMG & Partners	Sinarmas Land	0.435	0.95	Buy	Sum of parts (10% discount)
04/25/16	phillip	Sinarmas Land	0.5	0.79	Buy	Sum of parts
05/17/16	phillip	Sinarmas Land	0.43	0.74	Buy	Sum of parts
06/27/16	phillip	Sinarmas Land	0.455	0.74	Accumulate	Sum of parts
08/17/16	phillip	Sinarmas Land	0.48	0.72	Buy	RNAV (35% discount)
09/15/16	DMG & Partners	Sinarmas Land	0.485	0.91	Buy
11/17/16	phillip	Sinarmas Land	0.455	0.72	Buy	RNAV (35% discount)
03/03/17	phillip	Sinarmas Land	0.465	0.73	Buy	RNAV (35% discount)
05/17/17	phillip	Sinarmas Land	0.455	0.73	Buy	RNAV (35% discount)