HRnet Group - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/20/17	Credit Suisse	HRnetGroup	0.855	1.1	Outperform	DCF, PER21.9x FY17
08/17/17	Credit Suisse	HRnetGroup	0.75	1.04	Outperform
11/02/17	DMG & Partners	HRnetGroup	0.865	1.14	Buy	DCF, PER16x FY18 Ex-Cash
01/03/18	DBS Vickers	HRnetGroup	0.79	0.96	Buy	DCF & PER15x FY18 (ex-cash)
01/09/18	DMG & Partners	HRnetGroup	0.82	1.14	Buy	DCF
02/15/18	DMG & Partners	HRnetGroup	0.81	1.14	Buy	DCF
02/27/18	Credit Suisse	HRnetGroup	0.805	1.06	Outperform
02/27/18	DBS Vickers	HRnetGroup	0.805	0.97	Buy	PER15x FY18, Ex-cash
05/11/18	DBS Vickers	HRnetGroup	0.83	0.98	Buy	DCF & PER15x (ex-cash)
05/11/18	DMG & Partners	HRnetGroup	0.83	1.14	Buy	DCF
06/11/18	DBS Vickers	HRnetGroup	0.84	0.98	Buy
06/27/18	DMG & Partners	HRnetGroup	0.865	1.18	Buy	DCF
08/13/18	DMG & Partners	HRnetGroup	0.9	1.18	Buy	DCF
08/14/18	DBS Vickers	HRnetGroup	0.885	1.01	Buy	PER15x FY19, ex-cash
09/26/18	CIMB	HRnetGroup	0.87	1.1	Add	PER18x CY20