Bumitama - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/26/16	Deutsche	Bumitama	0.69	1.33	Buy
02/23/16	DBS Vickers	Bumitama	0.765	0.95	Buy
02/24/16	DBS Vickers	Bumitama	0.765	0.96	Buy
02/24/16	DMG & Partners	Bumitama	0.765	1.1	Buy
02/24/16	Kim Eng	Bumitama	0.765	0.85	Buy	PER13x FY16
02/24/16	UOB Kay Hian	Bumitama	0.765	1.1	Buy	PER15x FY16
03/23/16	UOB Kay Hian	Bumitama	0.925	1.1	Buy	PER15x FY16
03/31/16	UOB Kay Hian	Bumitama	0.92	1.3	Buy
04/11/16	DBS Vickers	Bumitama	0.855	0.96	Buy
04/22/16	UOB Kay Hian	Bumitama	0.86	1.3	Buy
04/25/16	Deutsche	Bumitama	0.84	1.2	Buy
04/25/16	Kim Eng	Bumitama	0.84	0.85	Hold	PER13x FY16
05/06/16	UOB Kay Hian	Bumitama	0.765	1.3	Buy	PER15x FY17
05/16/16	DBS Vickers	Bumitama	0.785	0.96	Buy
05/16/16	DMG & Partners	Bumitama	0.785	1	Buy	PER15x FY16
05/16/16	Kim Eng	Bumitama	0.785	0.8	Hold	PER13x FY16
06/15/16	UOB Kay Hian	Bumitama	0.81	1.3	Buy
07/14/16	DBS Vickers	Bumitama	0.74	0.91	Hold
07/14/16	UOB Kay Hian	Bumitama	0.74	1.3	Buy
07/22/16	Kim Eng	Bumitama	0.75	0.77	Hold	PER13x FY16
07/22/16	UOB Kay Hian	Bumitama	0.75	1.25	Buy	PER15x FY17
07/27/16	DMG & Partners	Bumitama	0.74	0.81	Neutral	Cut from $0.95
08/08/16	DBS Vickers	Bumitama	0.685	0.81	Buy	DCF
08/08/16	DMG & Partners	Bumitama	0.685	0.75	Neutral
08/08/16	UOB Kay Hian	Bumitama	0.685	1.25	Buy	PER15x FY17
09/05/16	UOB Kay Hian	Bumitama	0.72	1.25	Buy	PER15x FY17
09/15/16	DBS Vickers	Bumitama	0.72	0.81	Buy
10/03/16	UOB Kay Hian	Bumitama	0.725	1.25	Buy	PER15x FY17
10/06/16	Kim Eng	Bumitama	0.735	0.97	Buy
10/25/16	DBS Vickers	Bumitama	0.715	0.99	Buy	DCF
11/15/16	Kim Eng	Bumitama	0.765	0.97	Buy	PER14x FY17
11/16/16	DBS Vickers	Bumitama	0.765	0.95	Buy	DCF
11/16/16	UOB Kay Hian	Bumitama	0.765	1.25	Buy	PER15x FY17
12/05/16	UOB Kay Hian	Bumitama	0.785	1.25	Buy
12/07/16	Deutsche	Bumitama	0.8	1.2	Buy
12/13/16	Kim Eng	Bumitama	0.81	0.97	Buy	PER14x FY17
01/10/17	UOB Kay Hian	Bumitama	0.8	1.25	Buy	PER15x FY17
01/11/17	DBS Vickers	Bumitama	0.81	0.95	Buy
01/11/17	DMG & Partners	Bumitama	0.81	0.75	Neutral
01/11/17	Kim Eng	Bumitama	0.81	0.97	Buy	PER14x FY17
02/06/17	DMG & Partners	Bumitama	0.795	0.85	Neutral	PER13x FY17
02/08/17	UOB Kay Hian	Bumitama	0.795	1.25	Buy	PER15x FY17
02/13/17	DBS Vickers	Bumitama	0.815	0.95	Buy
02/27/17	DBS Vickers	Bumitama	0.785	0.99	Buy	DCF
02/27/17	Kim Eng	Bumitama	0.785	0.96	Buy	PER14x FY17
03/03/17	UOB Kay Hian	Bumitama	0.785	1.25	Buy
03/09/17	DMG & Partners	Bumitama	0.83	0.88	Neutral
03/31/17	DMG & Partners	Bumitama	0.795	0.89	Buy	PER13x FY17
04/10/17	DBS Vickers	Bumitama	0.795	0.99	Buy
04/11/17	DMG & Partners	Bumitama	0.785	0.89	Buy
05/08/17	UOB Kay Hian	Bumitama	0.73	1.25	Buy	PER15x FY17
05/16/17	DMG & Partners	Bumitama	0.75	0.89	Buy	PER13x FY17
05/16/17	Kim Eng	Bumitama	0.75	0.96	Buy	PER14x FY17
05/17/17	DBS Vickers	Bumitama	0.785	0.99	Buy	DCF
06/29/17	UOB Kay Hian	Bumitama	0.76	1.03	Buy
07/11/17	DBS Vickers	Bumitama	0.75	0.99	Buy
08/11/17	Kim Eng	Bumitama	0.705	0.96	Buy	PER14x FY17
08/15/17	DMG & Partners	Bumitama	0.7	0.89	Buy	PER13x FY17
08/16/17	UOB Kay Hian	Bumitama	0.735	1.03	Buy	PER13x FY18
08/16/17	DMG & Partners	Bumitama	0.735	0.85	Buy	PER11x FY18
08/16/17	DBS Vickers	Bumitama	0.735	0.94	Buy	DCF, PER13.7x FY18
09/11/17	Kim Eng	Bumitama	0.72	0.96	Buy
09/13/17	DBS Vickers	Bumitama	0.715	0.94	Buy
09/20/17	UOB Kay Hian	Bumitama	0.74	1.03	Buy	PER13x FY18
09/27/17	DMG & Partners	Bumitama	0.74	0.85	Buy	PER11x FY18
10/11/17	Kim Eng	Bumitama	0.73	0.95	Buy	PER14x FY17
10/24/17	UOB Kay Hian	Bumitama	0.74	1.03	Buy	PER13x FY18
11/13/17	Kim Eng	Bumitama	0.805	0.95	Buy
11/13/17	DBS Vickers	Bumitama	0.805	0.94	Buy	DCF, PER13.7x FY18
11/15/17	Kim Eng	Bumitama	0.835	0.95	Buy	PER14x FY17
11/15/17	DMG & Partners	Bumitama	0.835	0.95	Buy	PER12x FY18
11/15/17	UOB Kay Hian	Bumitama	0.835	1.03	Buy	PER13x FY18
11/15/17	Credit Suisse	Bumitama	0.835	1	Outperform