AEM - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/30/19	Kim Eng	AEM	0.905	1.21	Buy	PB2.9x FY19/20, EV/Ebitda5.2x FY20
02/26/19	Kim Eng	AEM	1.05	1.24	Buy	PB2.8x FY19/20
02/26/19	CIMB	AEM	1.05	1.11	Hold	PER10x FY20
04/26/19	CIMB	AEM	1.16	1.21	Hold	PER10x FY20
05/09/19	Kim Eng	AEM	1.05	1.4	Buy	PB3.1x FY19/20
06/11/19	Kim Eng	AEM	0.945	1.4	Buy	PB3.1x FY19/20
07/18/19	CIMB	AEM	1.04	1.23	Add	PER10x FY20
07/29/19	Kim Eng	AEM	1.22	1.4	Buy	PB3x FY19/20
08/14/19	Kim Eng	AEM	1.09	1.4	Buy	Roe-g/Coe-g
09/16/19	Kim Eng	AEM	1.19	1.5	Buy	Roe-g/Coe-g
10/03/19	Kim Eng	AEM	1.12	1.5	Buy	Roe-g/Coe-g, PB3.2x FY19/20
10/11/19	Amfrasers	AEM	1.16	1.34	Outperform	PER11x FY20
10/22/19	CIMB	AEM	1.3	1.44	Add
11/04/19	Amfrasers	AEM	1.53	1.8	Outperform	PER12x FY20
11/25/19	CIMB	AEM	1.8	2.12	Add
11/29/19	DBS Vickers	AEM	1.71	2.38	Buy	PER12.1x FY20
12/10/19	DBS Vickers	AEM	1.91	2.38	Buy	PER12.1x FY20
12/31/19	CIMB	AEM	1.99	2.12	Add