SATS - Mixed calls from analysts.

Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method

12/06/10 BNP Paribas SATS 2.87 0 Buy

11/03/10 CIMB SATS 2.89 2.35 Underperform PER12.4x
11/30/10 CIMB SATS 2.86 2.35 Underperform PER12.4x
12/21/10 CIMB SATS 2.84 2.42 Underperform PER16x & PB2.1x & FCFE
01/28/11 CIMB SATS 2.82 2.42 Underperform
02/02/11 CIMB SATS 2.8 2.42 Underperform PER12x

02/11/11 Credit Suisse SATS 2.61 3.3 Outperform

07/30/10 DBS Vickers SATS 2.96 3.13 Buy
08/20/10 DBS Vickers SATS 2.78 3.13 Buy
09/27/10 DBS Vickers SATS 2.8 3.13 Buy
11/02/10 DBS Vickers SATS 2.89 3.13 Buy
11/29/10 DBS Vickers SATS 2.86 3.13 Buy
02/02/11 DBS Vickers SATS 2.8 2.94 Hold PER14x & DCF

01/28/11 Deutsche SATS 2.82 3.8 Buy
01/31/11 Deutsche SATS 2.78 3.8 Buy

08/02/10 DMG & Partners SATS 2.96 3.25 Buy PER19x
11/03/10 DMG & Partners SATS 2.89 3.25 Buy DCF, PER18.7x
11/08/10 DMG & Partners SATS 2.89 3.25 Buy DCF, PER18.7x

07/30/10 Kim Eng SATS 2.96 3.48 Buy PER19x
11/03/10 Kim Eng SATS 2.89 3.48 Buy
12/02/10 Kim Eng SATS 2.87 3.48 Buy PER19x
12/10/10 Kim Eng SATS 2.93 3.48
02/02/11 Kim Eng SATS 2.8 2.93 Hold PER17x

11/30/10 Lim & Tan SATS 2.86 0 Neutral

07/30/10 OCBC SATS 2.96 3.3 Buy DCF
09/02/10 OCBC SATS 2.79 3.3 Buy
09/17/10 OCBC SATS 2.77 3.3 Buy
10/21/10 OCBC SATS 2.82 3.3 Buy DCF
01/10/11 OCBC SATS 2.86 3.31 Buy
02/02/11 OCBC SATS 2.8 3.31 Buy Under Review

07/30/10 phillip SATS 2.96 3.28 Buy
11/03/10 phillip SATS 2.96 3.21 Buy BV & PER
12/13/10 phillip SATS 2.88 3.21 Buy PER & PB & FCFE Model
12/15/10 phillip SATS 2.92 3.21 Buy
12/17/10 phillip SATS 2.8 3.21 Buy
12/21/10 phillip SATS 2.84 3.48 Buy
01/03/11 phillip SATS 2.88 3.48 Buy
02/02/11 phillip SATS 2.8 3.3 Buy
02/09/11 phillip SATS 2.65 3.3 Buy