AEM - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/09/17	CIMB	AEM	1.555	2.69	Add	GGM, PB2.95x, PER8x FY18
04/26/17	CIMB	AEM	2.22	3.39	Add	PER10x FY18, Ex-CB
05/19/17	CIMB	AEM	2.45	3.39	Add
05/23/17	DBS Vickers	AEM	2.61	3.35	Not Rated	PER10x FY18
07/05/17	CIMB	AEM	2.2	3.39	Add	PER10x FY18
08/04/17	CIMB	AEM	2.8	3.39	Add
08/10/17	CIMB	AEM	2.77	3.43	Add	PER10x FY18
10/17/17	CIMB	AEM	2.87	4.55	Add	PER10x FY18
11/06/17	CIMB	AEM	3.39	4.55	Add	PER10x FY19

Advancer Global Ltd - Stock calls

07/07/16	Phillip	Advancer Global Ltd	0.22	0	Subscribe	IPO
08/25/16	DBS Vickers	Advancer Global Ltd	0.4	0.5	Not Rated	PER15x FY17
08/04/17	SAC Advisors	Advancer Global Ltd	0.285	0.36	Buy

Stock calls for 13 November 2017

Date	Analyst	Company	Last	Target	Call	Valuation
11/13/17	Phillip	800Super	1.175	1.43	Buy	DCF, PER15.9x FY18
11/13/17	DBS Vickers	APAC Realty	0.905	1.12	Buy	DCF & PER15x FY18
11/13/17	phillip	Banyan Tree	0.605	0.71	Accumulate	Sum of parts, PB0.7x FY18
11/13/17	Kim Eng	Bumitama	0.805	0.95	Buy
11/13/17	DBS Vickers	Bumitama	0.805	0.94	Buy
11/13/17	Phillip	Capitaland	3.58	4.19	Accumulate	RNAV (20% discount)
11/13/17	phillip	City Developments	12.2	12.1	Accumulate	RNAV (15% discount), Potential upside $13.50
11/13/17	OCBC	City Developments	12.2	13.5	Buy
11/13/17	Amfrasers	Cityneon	1.095	1.38	Buy	PER15.1x FY18
11/13/17	phillip	Comfortdelgro	2	2.69	Buy	DCF
11/13/17	UOB Kay Hian	Comfortdelgro	2	2.25	Buy	PER16.6x FY18
11/13/17	DBS Vickers	Comfortdelgro	2	2.18	Hold	DCF & PER15.3x FY17/18
11/13/17	Kim Eng	Comfortdelgro	2	2.4	Buy	DCF, PER16x FY18
11/13/17	OCBC	Comfortdelgro	2	2.05	Hold
11/13/17	CIMB	Comfortdelgro	2	2.15	Hold	DCF
11/13/17	Lim & Tan	Comfortdelgro	2	0	Hold
11/13/17	Credit Suisse	Comfortdelgro	2	3.1	Outperform
11/13/17	DBS Vickers	CourtsAsia	0.345	0.36	Hold	PER10x FY19
11/13/17	phillip	F & N	2.6	2.83	Accumulate	Sum of parts, PER27.1x FY18
11/13/17	Kim Eng	First Resources	1.94	2.04	Hold
11/13/17	DBS Vickers	First Resources	1.94	2.13	Buy
11/13/17	DBS Vickers	Hong Leong Finance	2.72	3.2	Buy
11/13/17	DBS Vickers	Indofood Agri	0.455	0.48	Hold
11/13/17	DMG & Partners	ISOTeam	0.345	0.46	Buy	DCF, PER13x FY18
11/13/17	CIMB	Jadason	0.087	0.11	Add	PER12.34x FY19
11/13/17	Lim & Tan	KSH	0.86	0	Hold
11/13/17	CIMB	Memtech	1.14	1.33	Add	PER10x FY19
11/13/17	UOB Kay Hian	Netlink	0.825	0.93	Buy	DCF
11/13/17	Kim Eng	SATS	5.01	5.7	Buy	PER21x FY19/20
11/13/17	Credit Suisse	SATS	5.01	4.6	Neutral
11/13/17	DBS Vickers	Singapore Medical	0.6	0.75	Buy	PER25x FY18/19, PEG0.3x
11/13/17	DBS Vickers	UMS	1.02	1.21	Buy	PER12x FY18
11/13/17	CIMB	UMS	1.02	1.21	Add	GGM, PB2.88x
11/13/17	OCBC	UOL	8.75	9.7	Buy
11/13/17	DBS Vickers	Wilmar	3.31	3.52	Hold
11/13/17	OCBC	Yangzijiang	1.64	1.63	Hold
11/13/17	CIMB	Yangzijiang	1.64	1.8	Add	Sum of parts

Noble Group loses DBS banking support.

https://www.bloomberg.com/news/articles/2017-11-13/noble-group-is-said-to-lose-key-bank-support-as-dbs-cuts-lending

This is really bad news for Noble.  If more banks pull back their credit facilities, Noble will go bankrupt.

Acromec - stock calls

Date	Analyst	Code	Company	Last	Target	Call	Percent	Valuation
03/14/16	Phillip	43F	Acromec	0.22	0	Subscribe	-100.00
06/24/16	DMG & Partners	43F	Acromec	0.645	0.92	Buy	42.64	DCF
10/10/16	DMG & Partners	43F	Acromec	0.765	0.78	Neutral	1.96
10/31/16	Lim & Tan	43F	Acromec	0.65	0	Take profit	-100.00
01/03/17	DMG & Partners	43F	Acromec	0.565	0.5	Buy	-11.50

Baltic dry index - 1464

Today, Friday, November 10 2017, the Baltic Dry Index decreased by 17 points, reaching 1464 points.

Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.

=====================

Related stocks; Sembcorp Marine, Cosco & Pan Ocean

US rig count - 907

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by nine this week to 907.

That's up from the 568 rigs that were active a year ago.

Houston oilfield services company Baker Hughes said Friday that 738 rigs sought oil and 169 explored for natural gas this week.

Among major oil- and gas-producing states, Oklahoma gained six rigs, New Mexico increased by four and Alaska and Utah each gained one.

Texas lost two rigs and West Virginia decreased by one.

Arkansas, California, Colorado, Louisiana, North Dakota, Ohio, Pennsylvania and Wyoming were unchanged.

The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May of 2016 at 404.

==========================

Related stocks: Keppel Corp, Sembcorp Marine & Cosco

Hot news! Trump released classified information about JFK assassination.

https://www.washingtonpost.com/news/retropolis/wp/2017/11/09/a-huge-trove-of-jfk-assassination-files-reveal-redacted/?utm_term=.98368406485a

https://www.poynter.org/news/media-dissects-jfk-assassination-records-dark-vietnam-war-details-emerge

It turned out that the South Vietnam killed JFK to avenge the deaths of the president of South Vietnam Ngo Dinh Diem and his brother Ngo Dinh Nhu who were murdered in a coup because the USA abandoned them.  The USA supported the South Vietnam to overthrow the Viet Cong but abandoned the South Vietnam in the end.  Therefore, the South Vietnam felt betrayed and took revenge for its President by killing the USA President JFK.

Bad karma for the USA but the USA has not learnt the lesson and is still doing the despicable act now.  The USA is still trying to dethrone any government which is not an ally of the USA.

Stock calls for 10 November 2017

Date	Analyst	Code	Company	Last	Target	Call	Percent	Valuation
11/10/17	CIMB	5ER	Best World	1.26	1.4	Hold	11.11	PER14.6x CY18
11/10/17	DBS Vickers	5ER	Best World	1.26	1.45	Hold	15.08	PER17x FY18
11/10/17	phillip	OU8	Centurion	0.535	0.59	Accumulate	10.28	DCF
11/10/17	Kim Eng	C09	City Developments	12.14	13.8	Buy	13.67	RNAV
11/10/17	UOB Kay Hian	C09	City Developments	12.14	11.4	Hold	-6.10	RNAV (12% discount), Buy @ $9.7
11/10/17	CIMB	C09	City Developments	12.14	13.15	Add	8.32	RNAV (20% discount)
11/10/17	DBS Vickers	C09	City Developments	12.14	14.03	Buy	15.57	RNAV, PB1.2x
11/10/17	CIMB	544	CSE Global	0.345	0.31	Reduce	-10.14	PER10x CY19
11/10/17	DBS Vickers	5ME	Ezion	0.197	0.13	Fully Valued	-34.01	PB0.15x FY17
11/10/17	DMG & Partners	F03	Food Empire	0.66	1	Buy	51.52	PER18x FY18
11/10/17	Lim & Tan	TQ5	Frasers Centrepoint Ltd	2.04	0	Buy	-100.00
11/10/17	phillip	H13	Ho Bee	2.57	2.98	Accumulate	15.95	RNAV (30% discount)
11/10/17	DBS Vickers	H78	Hongkong Land	7.32	8.93	Buy	21.99	RNAV (30% discount)
11/10/17	DBS Vickers	CJLU	Netlink	0.825	0.95	Buy	15.15
11/10/17	DBS Vickers	TS0U	OUE Commercial	0.71	0.73	Hold	2.82	DCF
11/10/17	CIMB	C2PU	Parkway Life	2.86	2.93	Hold	2.45	DDM
11/10/17	DBS Vickers	C2PU	Parkway Life	2.86	3.1	Buy	8.39
11/10/17	UOB Kay Hian	S58	SATS	4.71	6	Buy	27.39	DCF, PER24.6x FY18
11/10/17	OCBC	S58	SATS	4.71	5.05	Buy	7.22
11/10/17	CIMB	S58	SATS	4.71	4.81	Hold	2.12	PER20x CY18
11/10/17	phillip	S58	SATS	4.71	5.24	Accumulate	11.25	DCF, PER23.2x FY18
11/10/17	DMG & Partners	BHK	SIIC	0.515	0.54	Neutral	4.85	DCF
11/10/17	CIMB	Z74	Singtel	3.76	4.1	Add	9.04	Sum of parts
11/10/17	Credit Suisse	Z74	Singtel	3.76	4.7	Outperform	25.00
11/10/17	DMG & Partners	Z74	Singtel	3.76	4.1	Neutral	9.04	Sum of parts, PER16.6x FY18, EV/Ebitda15.1x FY18
11/10/17	OCBC	Z74	Singtel	3.76	4.19	Buy	11.44
11/10/17	DBS Vickers	Z74	Singtel	3.76	4.3	Buy	14.36	Sum of parts
11/10/17	UOB Kay Hian	BHQ	Sunningdale	2.15	2.51	Buy	16.74	PER11.4x FY18
11/10/17	DBS Vickers	BHQ	Sunningdale	2.15	2.7	Buy	25.58	PER13x FY18
11/10/17	Lim & Tan	U10	UOB Kay Hian	1.385	0	Buy
11/10/17	Credit Suisse	U14	UOL	8.8	9.4	Outperform	6.82
11/10/17	Kim Eng	U14	UOL	8.8	9.85	Buy	11.93	RNAV (10% discount)
11/10/17	CIMB	U14	UOL	8.8	9.62	Add	9.32	RNAV (20% discount)
11/10/17	DBS Vickers	U14	UOL	8.8	10.15	Buy	15.34	RNAV (20% discount)
11/10/17	Lim & Tan	U14	UOL	8.8	0	Buy	-100.00
11/10/17	DMG & Partners	BN2	Valuetronics	0.995	1.05	Neutral	5.53	DCF

Accordia Golf Trust - Stock calls

Date	Analyst	Code	Company	Last	Target	Call	Percent	Valuation
02/16/16	Bloomberg	ADQU	Accordia Golf Trust	0.54	0.87	Buy	61.11	Consensus target
05/20/16	DIR	ADQU	Accordia Golf Trust	0.635	0.87	Buy	37.01	DDM
05/27/16	DIR	ADQU	Accordia Golf Trust	0.65	0.89	Buy	36.92
07/01/16	DIR	ADQU	Accordia Golf Trust	0.6	0.9	Buy	50.00	DDM
10/04/16	Lim & Tan	ADQU	Accordia Golf Trust	0.675	0.77	Buy	14.07	PB0.8x
11/15/16	DIR	ADQU	Accordia Golf Trust	0.65	0.86	Buy	32.31	Cut from $0.88
02/17/17	Amfrasers	ADQU	Accordia Golf Trust	0.73	0.8	Buy	9.59	DDM
04/06/17	CIMB	ADQU	Accordia Golf Trust	0.73	0.83	Not Rated	13.70	Bloomberg consensus
04/12/17	DIR	ADQU	Accordia Golf Trust	0.73	0.85	Buy	16.44	DDM
04/17/17	Amfrasers	ADQU	Accordia Golf Trust	0.735	0.8	Buy	8.84
05/29/17	DIR	ADQU	Accordia Golf Trust	0.745	0.82	Outperform	10.07
05/30/17	Amfrasers	ADQU	Accordia Golf Trust	0.745	0.8	Buy	7.38
08/17/17	Amfrasers	ADQU	Accordia Golf Trust	0.715	0.8	Buy	11.89

Ascendas Reit (A-Reit) stock calls

Date	Analyst	Code	Company	Last	Target	Call	Percent	Valuation
01/05/16	UOB Kay Hian	A17U	A-Reit	2.25	2.64	Buy	17.33333333
01/07/16	Kim Eng	A17U	A-Reit	2.27	2.23	Hold	-1.762114537	Yield 7%
01/08/16	DBS Vickers	A17U	A-Reit	2.22	2.52	Buy	13.51351351	DCF
01/25/16	DIR	A17U	A-Reit	2.17	2.45	Outperform	12.90322581	DDM
01/25/16	JP Morgan	A17U	A-Reit	2.17	2.6	Overweight	19.8156682
01/25/16	OCBC	A17U	A-Reit	2.17	2.5	Buy	15.20737327
01/26/16	CIMB	A17U	A-Reit	2.22	2.42	Add	9.009009009	DDM
01/26/16	Deutsche	A17U	A-Reit	2.22	2.3	Hold	3.603603604
01/26/16	DIR	A17U	A-Reit	2.22	2.49	Outperform	12.16216216	DDM
01/26/16	Nomura	A17U	A-Reit	2.22	2.45	Buy	10.36036036
02/02/16	DMG & Partners	A17U	A-Reit	2.3	2.5	Buy	8.695652174
02/02/16	JP Morgan	A17U	A-Reit	2.3	2.55	Overweight	10.86956522
03/07/16	CIMB	A17U	A-Reit	2.44	2.41	Hold	-1.229508197	DDM, Buy @ $2.27 (PB1.1x)
03/17/16	Credit Suisse	A17U	A-Reit	2.42	2.5	Neutral	3.305785124
03/17/16	DMG & Partners	A17U	A-Reit	2.42	2.63	Buy	8.67768595	DDM
03/24/16	Deutsche	A17U	A-Reit	2.45	2.3	Hold	-6.12244898
03/28/16	Kim Eng	A17U	A-Reit	2.41	2.23	Hold	-7.468879668
03/30/16	UOB Kay Hian	A17U	A-Reit	2.42	2.64	Buy	9.090909091
04/04/16	OCBC	A17U	A-Reit	2.38	2.5	Buy	5.042016807
04/05/16	Deutsche	A17U	A-Reit	2.41	2.3	Hold	-4.564315353
04/13/16	Kim Eng	A17U	A-Reit	2.42	2.6	Buy	7.438016529	Yield 6.3%
04/27/16	UOB Kay Hian	A17U	A-Reit	2.49	2.64	Buy	6.024096386
05/06/16	CIMB	A17U	A-Reit	2.4	2.52	Add	5	DDM
05/06/16	Credit Suisse	A17U	A-Reit	2.4	2.45	Neutral	2.083333333
05/06/16	DIR	A17U	A-Reit	2.4	2.52	Outperform	5	DDM
05/06/16	DMG & Partners	A17U	A-Reit	2.4	2.63	Buy	9.583333333	DDM
05/06/16	UOB Kay Hian	A17U	A-Reit	2.4	2.64	Buy	10	DDM
05/09/16	OCBC	A17U	A-Reit	2.41	2.58	Buy	7.053941909
05/17/16	Deutsche	A17U	A-Reit	2.34	2.35	Hold	0.427350427
05/17/16	Kim Eng	A17U	A-Reit	2.34	2.57	Buy	9.829059829
05/17/16	Nomura	A17U	A-Reit	2.34	2.5	Neutral	6.837606838
05/18/16	DBS Vickers	A17U	A-Reit	2.35	2.5	Buy	6.382978723
06/03/16	OCBC	A17U	A-Reit	2.3	2.56	Buy	11.30434783
06/09/16	Kim Eng	A17U	A-Reit	2.34	2.63	Buy	12.39316239
06/09/16	Lim & Tan	A17U	A-Reit	2.34	0	Buy	-100
06/13/16	DBS Vickers	A17U	A-Reit	2.32	2.5	Buy	7.75862069
06/15/16	UOB Kay Hian	A17U	A-Reit	2.32	2.64	Buy	13.79310345
06/22/16	DMG & Partners	A17U	A-Reit	2.32	2.63	Buy	13.36206897
07/01/16	OCBC	A17U	A-Reit	2.48	2.56	Buy	3.225806452
07/04/16	DMG & Partners	A17U	A-Reit	2.46	2.63	Buy	6.910569106
07/08/16	UOB Kay Hian	A17U	A-Reit	2.47	2.64	Buy	6.882591093
07/11/16	DIR	A17U	A-Reit	2.45	2.35	Hold	-4.081632653	DDM
07/13/16	DBS Vickers	A17U	A-Reit	2.48	2.55	Buy	2.822580645
07/18/16	UOB Kay Hian	A17U	A-Reit	2.43	2.84	Buy	16.87242798
07/19/16	Credit Suisse	A17U	A-Reit	2.48	2.56	Neutral	3.225806452
07/22/16	CIMB	A17U	A-Reit	2.49	2.61	Add	4.819277108	DDM
07/22/16	DIR	A17U	A-Reit	2.49	2.38	Hold	-4.417670683	DDM
07/22/16	JP Morgan	A17U	A-Reit	2.49	2.65	Overweight	6.425702811
07/22/16	OCBC	A17U	A-Reit	2.49	2.66	Buy	6.827309237
07/25/16	Kim Eng	A17U	A-Reit	2.53	2.7	Buy	6.719367589
07/26/16	Deutsche	A17U	A-Reit	2.47	2.35	Hold	-4.858299595
08/01/16	Deutsche	A17U	A-Reit	2.45	2.55	Hold	4.081632653
08/01/16	UOB Kay Hian	A17U	A-Reit	2.45	2.84	Buy	15.91836735
08/16/16	DBS Vickers	A17U	A-Reit	2.43	2.61	Buy	7.407407407
08/31/16	Credit Suisse	A17U	A-Reit	2.45	2.56	Neutral	4.489795918
09/13/16	Credit Suisse	A17U	A-Reit	2.48	2.58	Neutral	4.032258065
09/13/16	DBS Vickers	A17U	A-Reit	2.48	2.61	Buy	5.241935484
09/13/16	OCBC	A17U	A-Reit	2.48	2.66	Buy	7.258064516
09/15/16	Lim & Tan	A17U	A-Reit	2.38	0	Buy	-100
10/03/16	DIR	A17U	A-Reit	2.52	2.41	Hold	-4.365079365	DDM
10/21/16	CIMB	A17U	A-Reit	2.43	2.47	Hold	1.646090535	DDM
10/21/16	Credit Suisse	A17U	A-Reit	2.43	2.58	Neutral	6.172839506
10/21/16	DBS Vickers	A17U	A-Reit	2.43	2.65	Buy	9.053497942	DCF
10/21/16	OCBC	A17U	A-Reit	2.43	2.67	Buy	9.87654321
10/21/16	UOB Kay Hian	A17U	A-Reit	2.43	2.84	Buy	16.87242798
11/08/16	DBS Vickers	A17U	A-Reit	2.31	2.65	Buy	14.71861472
11/08/16	OCBC	A17U	A-Reit	2.31	2.67	Buy	15.58441558
11/14/16	UOB Kay Hian	A17U	A-Reit	2.25	2.84	Buy	26.22222222
11/16/16	Deutsche	A17U	A-Reit	2.2	2.5	Hold	13.63636364
11/16/16	JP Morgan	A17U	A-Reit	2.2	2.6	Overweight	18.18181818
11/18/16	Nomura	A17U	A-Reit	2.31	2.48	Buy	7.359307359
11/24/16	DIR	A17U	A-Reit	2.3	2.38	Hold	3.47826087	DDM
12/02/16	DMG & Partners	A17U	A-Reit	2.35	2.63	Buy	11.91489362	DDM
12/06/16	Credit Suisse	A17U	A-Reit	2.36	2.63	Outperform	11.44067797
12/06/16	DBS Vickers	A17U	A-Reit	2.36	2.65	Buy	12.28813559	DCF
12/06/16	Kim Eng	A17U	A-Reit	2.36	2.7	Buy	14.40677966
12/06/16	Lim & Tan	A17U	A-Reit	2.36	0	Buy	-100
12/06/16	OCBC	A17U	A-Reit	2.36	2.67	Hold	13.13559322
12/07/16	CIMB	A17U	A-Reit	2.37	2.25	Hold	-5.063291139	DDM
12/07/16	Deutsche	A17U	A-Reit	2.37	2.5	Hold	5.485232068
12/09/16	UOB Kay Hian	A17U	A-Reit	2.39	2.71	Buy	13.38912134
12/12/16	DMG & Partners	A17U	A-Reit	2.4	2.65	Buy	10.41666667	DDM
12/12/16	JP Morgan	A17U	A-Reit	2.4	2.6	Overweight	8.333333333
01/03/17	UOB Kay Hian	A17U	A-Reit	2.27	2.71	Buy	19.38325991	DDM
01/05/17	Credit Suisse	A17U	A-Reit	2.31	2.63	Outperform	13.85281385
01/06/17	DMG & Partners	A17U	A-Reit	2.33	2.65	Buy	13.73390558	DDM
01/06/17	OCBC	A17U	A-Reit	2.33	2.72	Buy	16.73819742
01/09/17	DBS Vickers	A17U	A-Reit	2.38	2.65	Buy	11.34453782	DCF
01/25/17	Deutsche	A17U	A-Reit	2.4	2.55	Hold	6.25
01/25/17	OCBC	A17U	A-Reit	2.4	2.68	Buy	11.66666667
01/26/17	CIMB	A17U	A-Reit	2.4	2.31	Hold	-3.75	DDM
01/26/17	DIR	A17U	A-Reit	2.4	2.38	Hold	-0.833333333	DDM
02/09/17	Credit Suisse	A17U	A-Reit	2.42	2.63	Outperform	8.67768595
02/17/17	JP Morgan	A17U	A-Reit	2.47	2.65	Overweight	7.287449393
02/28/17	Deutsche	A17U	A-Reit	2.48	2.55	Hold	2.822580645
03/02/17	UOB Kay Hian	A17U	A-Reit	2.49	2.71	Buy	8.835341365
03/06/17	OCBC	A17U	A-Reit	2.49	2.68	Buy	7.630522088
03/10/17	DMG & Partners	A17U	A-Reit	2.45	2.65	Buy	8.163265306
03/13/17	Credit Suisse	A17U	A-Reit	2.47	2.63	Outperform	6.477732794
03/17/17	DBS Vickers	A17U	A-Reit	2.5	2.65	Buy	6
03/20/17	DIR	A17U	A-Reit	2.5	2.44	Hold	-2.4	DDM
04/07/17	DMG & Partners	A17U	A-Reit	2.53	2.65	Buy	4.743083004
04/11/17	UOB Kay Hian	A17U	A-Reit	2.52	2.71	Buy	7.53968254
04/18/17	DIR	A17U	A-Reit	2.52	2.44	Hold	-3.174603175
04/18/17	Kim Eng	A17U	A-Reit	2.52	2.85	Buy	13.0952381	DDM
04/26/17	CIMB	A17U	A-Reit	2.55	2.59	Hold	1.568627451	DDM
04/26/17	DBS Vickers	A17U	A-Reit	2.55	2.65	Buy	3.921568627	DCF
04/26/17	DIR	A17U	A-Reit	2.55	2.45	Hold	-3.921568627	DDM
04/26/17	DMG & Partners	A17U	A-Reit	2.55	2.73	Buy	7.058823529	DDM
04/26/17	OCBC	A17U	A-Reit	2.55	2.66	Buy	4.31372549
04/26/17	UOB Kay Hian	A17U	A-Reit	2.55	2.75	Buy	7.843137255
05/02/17	Kim Eng	A17U	A-Reit	2.56	2.85	Buy	11.328125
05/17/17	Deutsche	A17U	A-Reit	2.6	2.6	Hold	0
05/17/17	UOB Kay Hian	A17U	A-Reit	2.6	2.75	Buy	5.769230769
05/18/17	DBS Vickers	A17U	A-Reit	2.58	2.65	Buy	2.713178295
05/25/17	UOB Kay Hian	A17U	A-Reit	2.62	2.97	Buy	13.35877863
06/01/17	DMG & Partners	A17U	A-Reit	2.62	2.73	Buy	4.198473282	DDM
06/02/17	OCBC	A17U	A-Reit	2.64	2.66	Buy	0.757575758
06/08/17	Lim & Tan	A17U	A-Reit	2.67	0	Buy on weakness	-100
06/12/17	Kim Eng	A17U	A-Reit	2.7	2.9	Buy`	7.407407407	DDM
06/21/17	Credit Suisse	A17U	A-Reit	2.72	2.62	Neutral	-3.676470588
06/22/17	Deutsche	A17U	A-Reit	2.66	2.6	Hold	-2.255639098
06/28/17	DIR	A17U	A-Reit	2.66	2.45	Underperform	-7.894736842	DDM
07/03/17	Kim Eng	A17U	A-Reit	2.61	2.9	Buy	11.11111111	DDM
07/12/17	DMG & Partners	A17U	A-Reit	2.58	2.73	Buy	5.813953488
07/14/17	Phillip	A17U	A-Reit	2.59	2.86	Accumulate	10.42471042	DDM, PB1.35x FY18
07/25/17	UOB Kay Hian	A17U	A-Reit	2.7	2.97	Buy	10	DDM
07/26/17	DBS Vickers	A17U	A-Reit	2.72	2.78	Buy	2.205882353	DCF
07/28/17	DIR	A17U	A-Reit	2.72	2.45	Underperform	-9.926470588	DDM
07/28/17	Credit Suisse	A17U	A-Reit	2.72	2.62	Neutral	-3.676470588
07/28/17	DMG & Partners	A17U	A-Reit	2.72	2.9	Buy	6.617647059	DDM
07/28/17	OCBC	A17U	A-Reit	2.72	2.66	Hold	-2.205882353
07/28/17	CIMB	A17U	A-Reit	2.72	2.71	Hold	-0.367647059	DDM
07/31/17	UOB Kay Hian	A17U	A-Reit	2.71	2.75	Buy	1.47601476
07/31/17	DBS Vickers	A17U	A-Reit	2.71	2.85	Buy	5.166051661	DCF
08/03/17	Kim Eng	A17U	A-Reit	2.68	2.9	Buy	8.208955224
08/14/17	OCBC	A17U	A-Reit	2.66	2.66	Hold	0
08/17/17	UOB Kay Hian	A17U	A-Reit	2.67	2.97	Buy	11.23595506
08/22/17	Phillip	A17U	A-Reit	2.65	2.86	Accumulate	7.924528302
08/28/17	DBS Vickers	A17U	A-Reit	2.61	2.85	Buy	9.195402299
09/04/17	CIMB	A17U	A-Reit	2.66	2.71	Hold	1.879699248
09/21/17	DMG & Partners	A17U	A-Reit	2.7	2.9	Buy	7.407407407	DDM
09/26/17	OCBC	A17U	A-Reit	2.68	2.66	Hold	-0.746268657
09/26/17	Kim Eng	A17U	A-Reit	2.68	2.9	Buy	8.208955224
10/09/17	Phillip	A17U	A-Reit	2.69	2.86	Accumulate	6.319702602	DDM, PB1.35x FY18
10/23/17	UOB Kay Hian	A17U	A-Reit	2.72	2.97	Buy	9.191176471	DDM
10/25/17	Kim Eng	A17U	A-Reit	2.75	2.9	Buy	5.454545455
10/31/17	DMG & Partners	A17U	A-Reit	2.71	2.9	Buy	7.011070111	DDM
10/31/17	OCBC	A17U	A-Reit	2.71	2.67	Hold	-1.47601476
10/31/17	CIMB	A17U	A-Reit	2.71	2.72	Hold	0.36900369	DDM
11/01/17	DBS Vickers	A17U	A-Reit	2.74	2.85	Buy	4.01459854
11/09/17	UOB Kay Hian	A17U	A-Reit	2.66	2.97	Buy	11.65413534