Venture - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/11/16	UOB Kay Hian	Venture	8.06	9.15	Buy
02/26/16	CIMB	Venture	8.04	9.52	Add	PER14x FY17
02/26/16	Lim & Tan	Venture	8.04	0	Buy
02/26/16	OCBC	Venture	8.04	9	Buy
02/26/16	UOB Kay Hian	Venture	8.04	9.25	Buy	PER16x FY16
02/29/16	DMG & Partners	Venture	8.22	9.1	Buy	PER15.5x FY16
02/29/16	Kim Eng	Venture	8.22	9.6	Buy	PER16.5x
03/03/16	CIMB	Venture	8.24	9.52	Add
03/03/16	Citigroup	Venture	8.24	9.11	Buy
03/17/16	DBS Vickers	Venture	8.21	9	Buy
04/08/16	UOB Kay Hian	Venture	8.43	9.25	Buy	PER16x FY16
04/29/16	CIMB	Venture	8.39	9.52	Add	PER14x CY17
04/29/16	DBS Vickers	Venture	8.39	9	Buy	PER15X FY16
04/29/16	Lim & Tan	Venture	8.39	0	Buy
04/29/16	OCBC	Venture	8.39	9	Buy
05/18/16	CIMB	Venture	8.16	9.52	Add
06/27/16	CIMB	Venture	8.63	9.52	Add
07/08/16	OCBC	Venture	8.56	9.35	Buy	PER15x FY16/17
07/15/16	UOB Kay Hian	Venture	8.82	9.82	Buy	PER16x FY17
08/08/16	CIMB	Venture	8.9	9.52	Hold	PER14x CY17
08/08/16	DBS Vickers	Venture	8.9	9.2	Hold
08/08/16	DMG & Partners	Venture	8.9	9.9	Buy
08/08/16	Lim & Tan	Venture	8.9	0	Buy
08/08/16	OCBC	Venture	8.9	9.35	Buy	Buy @ $8.80
08/08/16	UOB Kay Hian	Venture	8.9	9.82	Buy	PER16x FY17
08/10/16	Kim Eng	Venture	8.98	9.75	Buy	PER14x FY17
09/20/16	CIMB	Venture	8.99	9.52	Hold
10/06/16	UOB Kay Hian	Venture	9.3	10.3	Buy	PER16x FY17
10/28/16	CIMB	Venture	9.25	10.57	Add	PER14.4x
11/07/16	CIMB	Venture	9.5	10.94	Add	PER14.4x CY18
11/07/16	Citigroup	Venture	9.5	10.51	Buy
11/07/16	DBS Vickers	Venture	9.5	10.9	Buy
11/07/16	DMG & Partners	Venture	9.5	9.9	Buy	DCF, PER15.8x FY17
11/07/16	Kim Eng	Venture	9.5	11	Buy	PER15x FY17
11/07/16	Lim & Tan	Venture	9.5	0	Buy
11/07/16	OCBC	Venture	9.5	10.36	Buy	PER15x FY17
11/07/16	UOB Kay Hian	Venture	9.5	11	Buy	PER16x FY17
12/01/16	OCBC	Venture	9.71	10.36	Buy
12/06/16	CIMB	Venture	10.04	10.94	Add	PER14.4x FY18
12/08/16	Citigroup	Venture	9.93	10.51	Buy
12/13/16	Kim Eng	Venture	9.66	11	Buy	PER15x
12/15/16	DBS Vickers	Venture	9.9	10.9	Buy	PER16x FY17
01/03/17	UOB Kay Hian	Venture	9.88	11	Buy
01/19/17	DBS Vickers	Venture	9.84	10.9	Buy
01/20/17	CIMB	Venture	9.8	10.94	Add
01/23/17	Credit Suisse	Venture	9.74	11.6	Outperform
02/08/17	UOB Kay Hian	Venture	10.28	11	Buy
02/10/17	CIMB	Venture	10.37	10.94	Add	PER14.4x FY18
02/10/17	Credit Suisse	Venture	10.37	11.6	Outperform
02/27/17	CIMB	Venture	10.32	11.5	Add	PER14.4x CY18
02/27/17	Credit Suisse	Venture	10.32	11.9	Outperform
02/27/17	DBS Vickers	Venture	10.32	11.37	Buy	PER16x FY17
02/27/17	DMG & Partners	Venture	10.32	11.2	Buy	DCF, PER16x FY17
02/27/17	Kim Eng	Venture	10.32	11.5	Buy	PER15x FY17
02/27/17	OCBC	Venture	10.32	11	Buy
02/27/17	UOB Kay Hian	Venture	10.32	12.4	Buy	PER16x FY17
03/02/17	UOB Kay Hian	Venture	10.71	12.4	Buy
05/02/17	CIMB	Venture	12.2	12.01	Hold	PER14.4x FY18
05/02/17	DMG & Partners	Venture	12.2	14.1	Buy	DCF, PER17x FY17
05/02/17	Kim Eng	Venture	12.2	13.35	Buy	PER16x FY17
05/02/17	Lim & Tan	Venture	12.2	0	Buy
05/02/17	OCBC	Venture	12.2	13	Buy	DCF
05/02/17	UOB Kay Hian	Venture	12.2	13.6	Buy	PER16x FY17
05/03/17	DBS Vickers	Venture	12.9	14.3	Buy	PER18.6x FY17/18
06/02/17	UOB Kay Hian	Venture	13	13.3	Hold	PER16.2x FY17, Buy @ $12
07/05/17	CIMB	Venture	11.89	12.01	Hold	PER14.4x FY18
07/05/17	UOB Kay Hian	Venture	11.89	13.3	Hold
07/10/17	OCBC	Venture	11.8	13	Buy
08/07/17	UOB Kay Hian	Venture	13.85	15.15	Buy	PER16x FY18
08/07/17	DMG & Partners	Venture	13.85	14.7	Buy	DCF, PER17x FY17
08/07/17	OCBC	Venture	13.85	14.8	Buy	DCF
08/07/17	CIMB	Venture	13.85	15.8	Add	PER15.2x FY18
08/07/17	Lim & Tan	Venture	13.85	0	Buy
08/08/17	DBS Vickers	Venture	14.89	16.6	Buy	PER18.2x FY18
08/10/17	Credit Suisse	Venture	15.7	16.4	Outperform
09/13/17	Lim & Tan	Venture	15.25	0	Buy
09/15/17	Credit Suisse	Venture	16.2	20	Outperform
09/26/17	DMG & Partners	Venture	17.29	19.7	Buy	DCF, PER19x FY18
10/03/17	CIMB	Venture	18.06	20.87	Add	PER17.3x FY18
10/06/17	DBS Vickers	Venture	18.6	21	Buy	PER20x FY18/19
10/12/17	OCBC	Venture	18.55	20.33	Buy
11/06/17	UOB Kay Hian	Venture	19.29	23.5	Buy	PER18x FY18
11/06/17	DMG & Partners	Venture	19.29	24.1	Buy	DCF, PER18x FY18
11/06/17	OCBC	Venture	19.29	23	Buy
11/06/17	CIMB	Venture	19.29	24.74	Add	PER17.3x FY19
11/06/17	Lim & Tan	Venture	19.29	0	Buy
11/06/17	DBS Vickers	Venture	19.29	26	Buy	PER19.5x FY18/19
11/06/17	Credit Suisse	Venture	19.29	22.1	Outperform
12/06/17	DBS Vickers	Venture	20.54	26	Buy
12/20/17	CIMB	Venture	20.2	24.74	Add
01/05/18	DBS Vickers	Venture	21.97	26	Buy
01/10/18	Kim Eng	Venture	21.57	27.5	Buy	PER18.8x FY18
01/15/18	UOB Kay Hian	Venture	22.65	23.5	Buy
01/19/18	Lim & Tan	Venture	23.15	0	Buy
01/24/18	DMG & Partners	Venture	23.9	24.1	Buy
01/24/18	Credit Suisse	Venture	23.9	27.2	Outperform
02/07/18	CIMB	Venture	22.48	24.74	Add
02/08/18	CIMB	Venture	22.29	29.13	Add
02/13/18	UOB Kay Hian	Venture	21.92	23.5	Buy
02/20/18	DMG & Partners	Venture	23.53	24.1	Buy
02/23/18	UOB Kay Hian	Venture	25.03	31.88	Buy	PER19x FY18
03/01/18	OCBC	Venture	27.56	34	Buy
03/01/18	UOB Kay Hian	Venture	27.56	31.88	Buy	PER19x FY18
03/01/18	DMG & Partners	Venture	27.56	30.5	Buy	DCF, PER19x FY18
03/01/18	Kim Eng	Venture	27.56	31.2	Buy	PB3.7x FY18
03/01/18	CIMB	Venture	27.56	30.81	Add	PER17.7x FY19
03/01/18	Lim & Tan	Venture	27.56	0	Buy
03/01/18	DBS Vickers	Venture	27.56	32.2	Buy	PER19.5x FY18/19
03/05/18	Credit Suisse	Venture	26.84	32	Outperform
04/03/18	DBS Vickers	Venture	28.14	32.2	Buy