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