China Aviation Oil - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/03/17	UOB Kay Hian	China Aviation Oil	1.4	1.9	Buy
01/05/17	UOB Kay Hian	China Aviation Oil	1.4	2.01	Buy	PER14.4x FY17
01/13/17	DBS Vickers	China Aviation Oil	1.505	1.7	Buy
01/17/17	CIMB	China Aviation Oil	1.505	2	Add	PER13x CY18
02/24/17	DBS Vickers	China Aviation Oil	1.51	1.85	Buy	PER12x FY18
02/24/17	UOB Kay Hian	China Aviation Oil	1.51	2.21	Buy	PER14.4x FY17
02/27/17	CIMB	China Aviation Oil	1.525	2.28	Add	PER13x FY18
02/27/17	phillip	China Aviation Oil	1.525	2	Buy	PER11.7x FY17
02/28/17	Edison	China Aviation Oil	1.525	2.04	Buy	DCF
03/02/17	UOB Kay Hian	China Aviation Oil	1.525	2.21	Buy
03/03/17	DMG & Partners	China Aviation Oil	1.5	1.83	Buy	PER11.2x FY17, PEG1x FY17
03/17/17	DBS Vickers	China Aviation Oil	1.475	1.85	Buy
03/24/17	CIMB	China Aviation Oil	1.465	2.28	Add	PER13x FY18
04/03/17	UOB Kay Hian	China Aviation Oil	1.525	2.21	Buy
04/10/17	CIMB	China Aviation Oil	1.64	2.28	Add	PER13x FY18
04/20/17	UOB Kay Hian	China Aviation Oil	1.63	2.26	Buy	PER14.4x FY17
04/21/17	phillip	China Aviation Oil	1.635	2	Buy	PER11.7x
04/26/17	DMG & Partners	China Aviation Oil	1.625	1.9	Buy	PER11.3x FY17, PEG0.68x FY17
05/03/17	UOB Kay Hian	China Aviation Oil	1.62	2.26	Buy
05/31/17	CIMB	China Aviation Oil	1.685	2.28	Add
06/09/17	CIMB	China Aviation Oil	1.65	2.2	Buy	PER13x FY18
06/13/17	UOB Kay Hian	China Aviation Oil	1.685	2.01	Buy
06/28/17	DMG & Partners	China Aviation Oil	1.665	1.9	Buy	PER11.3x FY17, PEG0.68x FY17
07/03/17	UOB Kay Hian	China Aviation Oil	1.67	2.26	Buy	PER14.4x FY17
07/27/17	DBS Vickers	China Aviation Oil	1.765	1.85	Buy	PER12x FY18
07/28/17	DMG & Partners	China Aviation Oil	1.67	1.9	Buy	PER11.3x FY17, PEG0.61x FY17
07/28/17	CIMB	China Aviation Oil	1.67	2.08	Add	PER13x FY18
07/31/17	phillip	China Aviation Oil	1.65	2	Buy	PER11.7x
07/31/17	DBS Vickers	China Aviation Oil	1.65	2.08	Buy	PER13x FY18
08/17/17	UOB Kay Hian	China Aviation Oil	1.535	2.26	Buy
08/17/17	Edison	China Aviation Oil	1.535	2.11	Buy
11/03/17	UOB Kay Hian	China Aviation Oil	1.76	2.26	Buy	PER14.4x FY17
11/03/17	DMG & Partners	China Aviation Oil	1.76	1.8	Neutral	PER12x FY17
11/03/17	CIMB	China Aviation Oil	1.76	2.08	Add	PER13x FY18
11/03/17	DBS Vickers	China Aviation Oil	1.76	2.08	Buy
11/06/17	phillip	China Aviation Oil	1.67	2	Buy	PER11.5x FY18
11/06/17	Edison	China Aviation Oil	1.67	1.88	Buy
01/31/18	DBS Vickers	China Aviation Oil	1.65	2.08	Buy	PER13x FY18
03/01/18	CIMB	China Aviation Oil	1.58	2.03	Add	PER12.5x CY19
03/01/18	DMG & Partners	China Aviation Oil	1.58	1.6	Neutral	DCF, PER11.3x FY18
03/01/18	UOB Kay Hian	China Aviation Oil	1.58	2.13	Buy	PER13.5x FY18
03/02/18	DBS Vickers	China Aviation Oil	1.51	1.98	Buy	PER13x FY18
03/02/18	phillip	China Aviation Oil	1.51	2	Buy	PER13.3x
03/20/18	DMG & Partners	China Aviation Oil	1.54	1.8	Buy	PER12.2x FY18, PEG1x FY18
04/03/18	Edison	China Aviation Oil	1.56	1.82	Buy	DCF
05/10/18	CIMB	China Aviation Oil	1.56	2.03	Add	PER12.5x FY19
05/10/18	UOB Kay Hian	China Aviation Oil	1.56	2.13	Buy	PER13.5x FY18
05/11/18	phillip	China Aviation Oil	1.58	2	Buy	PER13.3x FY18
05/11/18	DMG & Partners	China Aviation Oil	1.58	1.8	Buy	DCF & PER12.2x FY18 & PEG1x FY18
06/20/18	CIMB	China Aviation Oil	1.52	2.03	Add	PER12.5x CY19
07/03/18	DMG & Partners	China Aviation Oil	1.5	1.8	Buy
08/02/18	UOB Kay Hian	China Aviation Oil	1.53	2.05	Buy	PER13.5x FY18
08/02/18	CIMB	China Aviation Oil	1.53	2.03	Add	PER12.5x FY19
08/02/18	DMG & Partners	China Aviation Oil	1.53	1.8	Buy
08/03/18	phillip	China Aviation Oil	1.53	2	Buy	PER12.8x FY18
08/06/18	DMG & Partners	China Aviation Oil	1.54	1.75	Buy	Sum of parts, PER11.4x FY18
08/07/18	DBS Vickers	China Aviation Oil	1.58	1.98	Buy	PER13x FY18