Ascott Residence Trust - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/03/23	UOB Kay Hian	ART	1.05	1.27	Buy
01/05/23	Phillip	ART	1.05	1.13	Buy
01/09/23	UOB Kay Hian	ART	1.03	1.37	Buy
01/18/23	DBS Vickers	ART	1.09	1.3	Buy
01/20/23	CIMB	ART	1.08	1.25	Add
01/31/23	CIMB	ART	1.1	1.27	Add	DDM
02/03/23	UOB Kay Hian	ART	1.12	1.39	Buy	DDM
02/09/23	Phillip	ART	1.1	1.26	Buy	DDM
02/10/23	Kim Eng	ART	1.09	1.25	Buy	DDM
03/15/23	OCBC	ART	1	1.23	Buy
04/04/23	UOB Kay Hian	ART	1.01	1.39	Buy	DDM
04/05/23	DBS Vickers	ART	1.02	1.3	Buy
04/25/23	CIMB	ART	1.07	1.27	Add	DDM
04/28/23	Phillip	ART	1.08	1.26	Buy	DDM
06/01/23	UOB Kay Hian	ART	1.07	1.39	Buy	DDM
06/30/23	CIMB	ART	1.09	1.27	Add
07/03/23	UOB Kay Hian	ART	1.08	1.39	Buy	DDM
07/28/23	DBS Vickers	ART	1.11	1.3	Buy
07/28/23	CIMB	ART	1.11	1.27	Add
07/28/23	Kim Eng	ART	1.11	1.2	Buy
07/31/23	Phillip	ART	1.1	1.2	Accumulate	DDM
08/01/23	OCBC	ART	1.12	1.26	Buy
08/02/23	Lim & Tan	ART	1.12	0	Hold
08/04/23	CIMB	ART	1.03	1.32	Add
08/29/23	UOB Kay Hian	ART	1	1.35	Buy	DDM
09/15/23	UOB Kay Hian	ART	0.99	1.35	Buy	DDM
09/25/23	DBS Vickers	ART	0.975	1.3	Buy
09/26/23	Lim & Tan	ART	0.98	1.23	Accumulate
10/05/23	UOB Kay Hian	ART	0.915	1.27	Buy
10/06/23	Lim & Tan	ART	0.92	1.23	Accumulate
10/09/23	DBS Vickers	ART	0.895	1.3	Buy
10/12/23	Citi Research	ART	0.905	1.1	Buy
10/16/23	Phillip	ART	0.92	1.2	Accumulate
10/30/23	Lim & Tan	ART	0.93	1.19	Accumulate
10/31/23	UOB Kay Hian	ART	0.915	1.25	Buy	DDM
10/31/23	DBS Vickers	ART	0.915	1.2	Buy	DCF
11/01/23	Kim Eng	ART	0.9	1	Buy
11/01/23	CIMB	ART	0.9	1.32	Add
11/01/23	Phillip	ART	0.9	1.04	Buy	DDM
11/07/23	Lim & Tan	ART	0.94	1.13	Accumulate
12/01/23	UOB Kay Hian	ART	0.925	1.25	Buy
12/06/23	DBS Vickers	ART	0.95	1.2	Buy
12/12/23	CIMB	ART	0.96	1.32	Add
12/19/23	Lim & Tan	ART	0.96	1.13	Accumulate
12/19/23	Phillip	ART	0.96	1.04	Buy
01/02/24	UOB Kay Hian	ART	0.99	1.25	Buy
01/03/24	UOB Kay Hian	ART	0.99	1.4	Buy
01/22/24	Phillip	ART	0.945	1.04	Buy
01/29/23	DBS Vickers	ART	0.92	1.2	Buy	DCF
01/30/24	DBS Vickers	ART	0.95	1.3	Buy	DCF
01/30/24	UOB Kay Hian	ART	0.95	1.45	Buy	DDM
02/06/24	DBS Vickers	ART	0.93	1.3	Buy	DCF
02/09/24	Phillip	ART	0.92	1.04	Accumulate	DDM
03/13/24	UOB Kay Hian	ART	0.905	1.45	Buy	DDM
03/28/24	Lim & Tan	ART	0.94	1.18	Accumulate
04/03/24	UOB Kay Hian	ART	0.95	1.45	Buy	DDM
04/03/24	DBS Vickers	ART	0.95	1.3	Buy	DCF
04/05/24	CIMB	ART	0.94	1.17	Add	DDM
04/15/24	Phillip	ART	0.93	1.04	Accumulate