Japfa - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/01/22	UOB Kay Hian	Japfa	0.585	0.63	Hold	Sum of parts, PER9.1x FY22, Buy @ $0.56
09/01/22	CIMB	Japfa	0.6	0.81	Add	Sum of parts
11/02/22	UOB Kay Hian	Japfa	0.53	0.57	Hold	Sum of parts, PER10.3x FY23
11/02/22	CIMB	Japfa	0.53	0.72	Add	Sum of parts
01/04/23	CIMB	Japfa	0.315	0.42	Add	PER8x FY24, Cut from $0.65
03/07/23	UOB Kay Hian	Japfa	0.245	0.23	Hold	Sum of parts, PER10x FY23
03/07/23	CIMB	Japfa	0.245	0.24	Reduce