Japfa - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/02/21	CIMB	Japfa	0.82	1.22	Add	PER11.5x FY22
08/02/21	CIMB	Japfa	0.765	1.06	Add
08/03/21	UOB Kay Hian	Japfa	0.735	0.77	Hold	Sum of parts
08/25/21	DBS Vickers	Japfa	0.675	1.05	Buy	Sum of parts, PER8x FY21/22
09/09/21	CIMB	Japfa	0.71	1.06	Add	PER10x FY22
10/28/21	DBS Vickers	Japfa	0.695	0.89	Buy	Sum of parts, PER7.5x FY22
11/01/21	CIMB	Japfa	0.685	0.77	Hold
11/01/21	UOB Kay Hian	Japfa	0.685	0.6	Hold	Sum of parts, PER7.3x FY22, Buy @ $0.54
02/22/22	CIMB	Japfa	0.625	0.65	Hold
02/22/22	DBS Vickers	Japfa	0.625	0.67	Hold
03/02/22	DBS Vickers	Japfa	0.6	0.67	Hold	PER7.9x FY22
03/03/22	UOB Kay Hian	Japfa	0.605	0.63	Hold	Sum of parts
03/31/22	CIMB	Japfa	0.72	0.81	Add	PER13.1x FY22
05/06/22	UOB Kay Hian	Japfa	0.605	0.63	Hold	Sum of parts, PER9.1x FY22, Buy @ $0.56
06/23/22	CIMB	Japfa	0.57	0.81	Add	Sum of parts