Delfi - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/03/17	DMG & Partners	Delfi	2.22	2.55	Buy
01/16/17	OCBC	Delfi	2.25	2.39	Hold
02/23/17	CIMB	Delfi	2.32	2.3	Hold	PER25x CY18
02/23/17	OCBC	Delfi	2.32	2.39	Hold	PER30x FY17
02/24/17	DMG & Partners	Delfi	2.35	2.55	Neutral	DCF
02/24/17	OCBC	Delfi	2.35	2.37	Hold	PER30x FY17
02/27/17	DBS Vickers	Delfi	2.33	2.26	Hold	PER26x FY17/18
03/17/17	OCBC	Delfi	2.24	2.37	Hold
05/09/17	OCBC	Delfi	2.2	2.37	Hold
05/11/17	CIMB	Delfi	2.2	2.3	Hold	PER25x CY18
05/11/17	OCBC	Delfi	2.2	2.21	Hold	PER30x FY17/18
06/16/17	OCBC	Delfi	2.05	2.21	Hold
08/10/17	OCBC	Delfi	2.12	2.08	Hold	PER30x FY18
08/10/17	DMG & Partners	Delfi	2.12	2	Neutral	DCF
10/02/17	DMG & Partners	Delfi	1.515	1.86	Buy	DCF
11/15/17	DMG & Partners	Delfi	1.45	1.65	Buy	DCF
12/19/17	DBS Vickers	Delfi	1.43	1.8	Buy	PER26x FY18/19
02/28/18	DMG & Partners	Delfi	1.52	1.54	Neutral	DCF
05/09/18	DBS Vickers	Delfi	1.48	1.8	Buy	PER26x FY18/19
05/09/18	DMG & Partners	Delfi	1.48	1.54	Neutral
06/20/18	DMG & Partners	Delfi	1.32	1.47	Buy	DCF
08/06/18	DMG & Partners	Delfi	1.18	1.47	Buy	DCF