Riverstone - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/08/20	UOB Kay Hian	Riverstone	1.21	1.46	Buy	PER22x FY20
05/13/20	UOB Kay Hian	Riverstone	1.62	2.15	Buy	PER23.7x FY20
05/13/20	DBS Vickers	Riverstone	1.62	2.2	Buy	PER26x FY20
05/14/20	CIMB	Riverstone	1.84	1.86	Add	PER19.3x CY21
05/22/20	CIMB	Riverstone	1.94	2.5	Add	PER22.7x CY21
05/26/20	UOB Kay Hian	Riverstone	1.87	2.53	Buy	PER23.1x FY20
06/03/20	DBS Vickers	Riverstone	2.24	3.09	Buy	PER28x FY20
06/12/20	CIMB	Riverstone	2.25	3.12	Add	PER22.7x CY21
06/17/20	UOB Kay Hian	Riverstone	2.37	3.15	Buy	PER23.1x FY20
07/07/20	UOB Kay Hian	Riverstone	2.93	3.6	Buy	PER23.1x FY20
07/09/20	CIMB	Riverstone	3.3	3.9	Add
07/15/20	DBS Vickers	Riverstone	3.1	3.9	Buy	PER24x FY20
08/06/20	DBS Vickers	Riverstone	4.21	5.51	Buy	PER28.4x FY21
08/07/20	UOB Kay Hian	Riverstone	4.53	6	Buy	PER23.2x FY21
08/07/20	CIMB	Riverstone	4.53	5.55	Add
09/01/20	UOB Kay Hian	Riverstone	4.02	6	Buy	PER23.2x FY21
10/26/20	UOB Kay Hian	Riverstone	3.7	5.97	Buy	PER15.9x FY21
10/29/20	DMG & Partners	Riverstone	3.64	5.45	Buy	DCF, PER12.7x FY21
11/11/20	CIMB	Riverstone	1.63	2.5	Add	PER17x CY22, Ex-Bonus 1-for-1
11/11/20	UOB Kay Hian	Riverstone	1.63	2.99	Buy	PER15.9x FY21
11/11/20	DBS Vickers	Riverstone	1.63	2.03	Hold	PER13x
11/11/20	DMG & Partners	Riverstone	1.63	2.73	Buy
12/09/20	UOB Kay Hian	Riverstone	1.26	2.99	Buy
01/11/21	DBS Vickers	Riverstone	1.35	1.85	Buy	PER12.8x FY21/22
01/11/21	UOB Kay Hian	Riverstone	1.35	2.99	Buy	PER15.9x FY21
01/13/21	CIMB	Riverstone	1.41	2.5	Add
02/03/21	DBS Vickers	Riverstone	1.52	1.85	Buy
03/01/21	DBS Vickers	Riverstone	1.36	1.85	Buy	PER12.3x FY21/22
03/01/21	CIMB	Riverstone	1.36	2.3	Add
03/01/21	DMG & Partners	Riverstone	1.36	1.85	Buy	DCF

Rex - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/22/20	UOB Kay Hian	Rex	0.188	0.3	Buy	Sum of parts

Raffles Medical - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/28/20	DMG & Partners	Raffles Medical	0.92	0.91	Neutral	DCF
07/28/20	UOB Kay Hian	Raffles Medical	0.92	1.07	Buy	DCF
07/28/20	CIMB	Raffles Medical	0.92	0.96	Hold
07/28/20	Kim Eng	Raffles Medical	0.92	0.99	Hold	DCF
07/28/20	OCBC	Raffles Medical	0.92	0.96	Hold
07/28/20	DBS Vickers	Raffles Medical	0.92	0.95	Hold	Sum of parts
07/28/20	Lim & Tan	Raffles Medical	0.92	0	Hold
07/29/20	phillip	Raffles Medical	0.92	0.94	Neutral	DCF
10/01/20	Kim Eng	Raffles Medical	0.81	0.99	Buy	DCF
12/11/20	UOB Kay Hian	Raffles Medical	0.855	1.07	Buy	DCF
02/22/21	Lim & Tan	Raffles Medical	0.985	0	Hold
02/23/21	Kim Eng	Raffles Medical	1.02	1.1	Buy	DCF
02/23/21	UOB Kay Hian	Raffles Medical	1.02	1.12	Buy
02/24/21	OCBC	Raffles Medical	1.04	1.15	Buy	DCF, PER30.7x FY21
02/26/21	phillip	Raffles Medical	1.07	1.18	Accumulate	DCF
04/07/21	DMG & Partners	Raffles Medical	1.17	1.29	Buy