City Developments - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/04/16	UOB Kay Hian	City Developments	7.65	10.86	Buy
01/08/16	DBS Vickers	City Developments	7.42	10.26	Buy	RNAV (20% discount)
01/14/16	Credit Suisse	City Developments	7.55	12	Outperform
01/14/16	Kim Eng	City Developments	7.55	9.33	Buy	RNAV (30% discount), PB1x
01/18/16	CIMB	City Developments	7.29	10.3	Add
01/26/16	Deutsche	City Developments	6.76	9.25	Buy
02/16/16	Credit Suisse	City Developments	6.88	12	Outperform
02/25/16	Deutsche	City Developments	7.04	9.25	Buy	RNAV (30% discount)
02/25/16	Lim & Tan	City Developments	7.04	9.7	Buy	Bloomberg consensus
02/26/16	CIMB	City Developments	7.09	10.32	Add	RNAV (25% discount)
02/26/16	DBS Vickers	City Developments	7.09	10.26	Buy	RNAV (20% discount)
02/26/16	DMG & Partners	City Developments	7.09	9.22	Buy
02/26/16	DMG & Partners	City Developments	7.09	9.22	Buy	RNAV (30% discount)
02/26/16	Kim Eng	City Developments	7.09	9.33	Buy	RNAV (20% discount)
02/26/16	UOB Kay Hian	City Developments	7.09	10.86	Buy	RNAV (20% discount)
02/29/16	OCBC	City Developments	7.2	8.67	Buy
03/08/16	Deutsche	City Developments	7.7	9	Buy	RNAV (41.6 discount)
03/10/16	Kim Eng	City Developments	7.51	9.04	Buy	RNAV (20% discount)
03/15/16	CIMB	City Developments	7.58	10.32	Add
03/16/16	DBS Vickers	City Developments	7.5	10.26	Buy
03/28/16	DMG & Partners	City Developments	7.75	9.22	Buy
03/28/16	UOB Kay Hian	City Developments	7.75	10.86	Buy	RNAV (20% discount)
04/04/16	Kim Eng	City Developments	8.15	9.04	Buy
04/18/16	CIMB	City Developments	8.82	10.32	Add
04/18/16	DBS Vickers	City Developments	8.82	10.26	Buy
04/20/16	Kim Eng	City Developments	8.85	9.84	Buy	RNAV (20% discount)
04/22/16	UOB Kay Hian	City Developments	9.06	10.86	Buy
04/25/16	Credit Suisse	City Developments	8.97	12	Outperform
04/26/16	OCBC	City Developments	8.71	9.89	Buy
05/04/16	DIR	City Developments	8.21	11.22	Buy	RNAV (20% discount)
05/12/16	CIMB	City Developments	8.04	10.32	Add	RNAV (25% discount)
05/12/16	Credit Suisse	City Developments	8.04	11.7	Buy	RNAV (20% discount)
05/12/16	DBS Vickers	City Developments	8.04	9.6	Buy	RNAV (20% discount)
05/12/16	DMG & Partners	City Developments	8.04	9.35	Buy
05/12/16	Kim Eng	City Developments	8.04	9.82	Buy
05/12/16	OCBC	City Developments	8.04	9.89	Buy
05/12/16	UOB Kay Hian	City Developments	8.04	10.86	Buy	RNAV (20% discount)
05/30/16	DIR	City Developments	8.35	11.17	Buy	Sum of parts (20% discount)
05/30/16	Lim & Tan	City Developments	8.35	0	Buy
05/30/16	UBS	City Developments	8.35	10.05	Buy
06/03/16	DBS Vickers	City Developments	8.45	9.6	Buy
06/08/16	UOB Kay Hian	City Developments	9	10.86	Buy
06/09/16	CIMB	City Developments	8.85	10.32	Add
06/09/16	Kim Eng	City Developments	8.85	9.82	Buy
06/10/16	Deutsche	City Developments	8.8	9	Buy
06/15/16	UOB Kay Hian	City Developments	8.65	10.36	Buy
06/17/16	DBS Vickers	City Developments	8.8	9.6	Buy
06/27/16	DMG & Partners	City Developments	8.31	9.04	Buy	RNAV (30% discount)
06/30/16	Kim Eng	City Developments	8.2	8.92	Hold	RNAV (20% discount)
07/05/16	OCBC	City Developments	8.12	9.89	Buy
07/07/16	Credit Suisse	City Developments	8.11	11.7	Outperform
07/07/16	DIR	City Developments	8.11	11.21	Buy	Sum of parts (20% discount)
07/07/16	Kim Eng	City Developments	8.11	9.17	Hold	RNAV (20% discount)
07/07/16	UOB Kay Hian	City Developments	8.11	10.36	Buy
07/08/16	CIMB	City Developments	8.04	10.3	Add	RNAV (25% discount)
07/12/16	Deutsche	City Developments	8.14	9.3	Buy
08/01/16	DIR	City Developments	8.51	10.93	Buy	RNAV (20% discount)
08/11/16	Lim & Tan	City Developments	8.89	0	Buy
08/11/16	JP Morgan	City Developments	8.89	10.8	Overweight	Up from $9.90
08/12/16	CIMB	City Developments	8.87	10.38	Add	RNAV (25% discount)
08/12/16	Credit Suisse	City Developments	8.87	11.5	Outperform
08/12/16	DIR	City Developments	8.87	10.82	Buy	RNAV (20% discount)
08/12/16	DMG & Partners	City Developments	8.87	9.04	Take Profit
08/12/16	UOB Kay Hian	City Developments	8.87	10.36	Buy	RNAV (20% discount)
08/15/16	DBS Vickers	City Developments	8.8	9.9	Buy	RNAV (20% discount)
09/02/16	Credit Suisse	City Developments	8.52	11.5	Outperform
09/02/16	Deutsche	City Developments	8.52	9.8	Buy
09/02/16	OCBC	City Developments	8.52	9.89	Buy
09/09/16	DIR	City Developments	9.11	10.82	Buy	RNAV (20% discount)
09/09/16	Kim Eng	City Developments	9.11	9.17	Hold
09/16/16	CIMB	City Developments	8.7	10.38	Add
09/16/16	DBS Vickers	City Developments	8.7	9.9	Buy
09/23/16	Kim Eng	City Developments	8.96	9.43	Hold	RNAV (20% discount)
10/04/16	Credit Suisse	City Developments	8.98	11.5	Outperform
10/05/16	Kim Eng	City Developments	9.04	9.43	Hold
10/18/16	CIMB	City Developments	8.78	10.38	Add
10/18/16	DBS Vickers	City Developments	8.78	9.9	Buy
10/19/16	DIR	City Developments	8.77	10.84	Buy	Sum of parts (20% discount)
10/21/16	Kim Eng	City Developments	8.78	9.42	Hold
10/24/16	CIMB	City Developments	8.77	10.4	Add	RNAV (25% discount)
10/24/16	DIR	City Developments	8.77	10.8	Buy	Sum of parts (20% discount)
10/24/16	Lim & Tan	City Developments	8.77	0	Buy
10/24/16	phillip	City Developments	8.77	9.98	Accumulate	RNAV (20% discount)
10/24/16	UOB Kay Hian	City Developments	8.77	10.36	Buy	RNAV (20% discount)
11/01/16	Credit Suisse	City Developments	8.49	11.5	Outperform
11/11/16	CIMB	City Developments	8.6	10.4	Add	RNAV (25% discount)
11/11/16	Credit Suisse	City Developments	8.6	11.3	Outperform
11/11/16	DBS Vickers	City Developments	8.6	9.9	Buy	RNAV (20% discount)
11/11/16	DIR	City Developments	8.6	10.75	Buy	RNAV (20% discount)
11/11/16	DMG & Partners	City Developments	8.6	9.36	Buy	RNAV (30% discount)
11/11/16	Kim Eng	City Developments	8.6	9.42	Hold	RNAV (20% discount)
11/11/16	OCBC	City Developments	8.6	9.89	Buy
11/11/16	phillip	City Developments	8.6	9.98	Accumulate	RNAV (20% discount)
11/11/16	UOB Kay Hian	City Developments	8.6	10.36	Buy	RNAV (20% discount)
12/01/16	UBS	City Developments	8.44	9.9	Buy
12/02/16	DMG & Partners	City Developments	8.37	9.36	Buy
12/06/16	CIMB	City Developments	8.4	10.4	Add
12/06/16	Kim Eng	City Developments	8.4	8.9	Hold
12/07/16	Credit Suisse	City Developments	8.46	11.3	Outperform
12/07/16	Deutsche	City Developments	8.46	9.8	Buy
12/08/16	Lim & Tan	City Developments	8.43	0	Buy
12/09/16	OCBC	City Developments	8.49	9.89	Buy
12/13/16	UOB Kay Hian	City Developments	8.43	10.36	Buy
12/15/16	DBS Vickers	City Developments	8.38	9.9	Buy	RNAV (20% discount)
01/03/17	DMG & Partners	City Developments	8.28	9.36	Buy	RNAV (30% discount)
01/04/17	UOB Kay Hian	City Developments	8.31	10.36	Buy
01/05/17	Credit Suisse	City Developments	8.39	11.3	Outperform
01/09/17	DBS Vickers	City Developments	8.47	9.9	Buy	RNAV (20% discount)
01/11/17	Kim Eng	City Developments	8.64	8.9	Hold
01/12/17	CIMB	City Developments	8.69	10.4	Add
01/13/17	DIR	City Developments	8.73	10.75	Buy	Sum of parts (20% discount)
01/17/17	DMG & Partners	City Developments	8.86	9.7	Buy	RNAV (30% discount)
02/03/17	DMG & Partners	City Developments	9.26	9.7	Buy	RNAV (30% discount)
02/06/17	phillip	City Developments	9.42	9.98	Accumulate
02/08/17	Credit Suisse	City Developments	9.59	11.3	Outperform
02/17/17	DBS Vickers	City Developments	9.17	9.9	Buy
02/17/17	Deutsche	City Developments	9.17	10.8	Buy
02/24/17	CIMB	City Developments	9.66	10.51	Add	RNAV (25% discount)
02/24/17	Credit Suisse	City Developments	9.66	11.6	Outperform
02/24/17	DBS Vickers	City Developments	9.66	10.52	Buy	RNAV (20% discount)
02/24/17	Deutsche	City Developments	9.66	10.8	Buy
02/24/17	DIR	City Developments	9.66	10.9	Buy
02/24/17	DMG & Partners	City Developments	9.66	10.5	Buy	RNAV (25% discount)
02/24/17	Kim Eng	City Developments	9.66	9	Hold	RNAV (25% discount)
02/24/17	Lim & Tan	City Developments	9.66	0	Buy
02/24/17	OCBC	City Developments	9.66	10.5	Buy
02/24/17	phillip	City Developments	9.66	10.4	Accumulate	RNAV (20% discount)
02/24/17	UOB Kay Hian	City Developments	9.66	10.36	Hold	RNAV (20% discount), Buy @ $8.80
03/13/17	CIMB	City Developments	10.15	10.51	Add
03/13/17	Credit Suisse	City Developments	10.15	11.6	Outperform
03/13/17	Kim Eng	City Developments	10.15	9	Hold
03/13/17	UOB Kay Hian	City Developments	10.15	11.4	Buy
03/14/17	UBS	City Developments	10.5	11.5	Buy
03/16/17	Kim Eng	City Developments	10.23	9.8	Hold
03/23/17	DMG & Partners	City Developments	10.23	11.3	Buy	RNAV (20% discount)
04/27/17	phillip	City Developments	10.72	10.4	Accumulate
04/27/17	JP Morgan	City Developments	10.72	12.3	Overweight
05/12/17	CIMB	City Developments	10.85	11.63	Add	RNAV (20% discount)
05/12/17	Credit Suisse	City Developments	10.85	11.9	Outperform
05/12/17	Deutsche	City Developments	10.85	12.7	Buy
05/12/17	DIR	City Developments	10.85	11.43	Outperform	RNAV (20% discount)
05/12/17	DMG & Partners	City Developments	10.85	11.3	Take Profit
05/12/17	Kim Eng	City Developments	10.85	9.8	Hold	RNAV (18% discount)
05/12/17	UOB Kay Hian	City Developments	10.85	11.4	Hold	RNAV (12% discount)
05/15/17	DBS Vickers	City Developments	10.58	12.63	Buy	RNAV, PB1.2x
05/15/17	OCBC	City Developments	10.58	10.5	Hold
05/15/17	phillip	City Developments	10.58	11.07	Accumulate	RNAV (15% discount)
05/29/17	Kim Eng	City Developments	10.6	12.05	Buy	RNAV (11% discount)
06/09/17	Deutsche	City Developments	10.76	12.7	Buy	Sum of parts
06/16/17	CIMB	City Developments	10.63	11.63	Add
06/16/17	Kim Eng	City Developments	10.63	12.05	Buy
07/11/17	Kim Eng	City Developments	10.82	12.05	Buy
07/18/17	JP Morgan	City Developments	10.97	12.3	Overweight
07/27/17	DBS Vickers	City Developments	11.26	12.63	Buy	RNAV (15% discount), PB1.2x
08/11/17	OCBC	City Developments	11.67	10.5	Hold
08/14/17	phillip	City Developments	11.14	12.1	Accumulate	RNAV (15% discount)
08/14/17	UOB Kay Hian	City Developments	11.14	11.4	Hold	RNAV (12% discount), Buy @ $9.7
08/14/17	OCBC	City Developments	11.14	12.39	Buy
08/14/17	CIMB	City Developments	11.14	12.54	Add	RNAV (20% discount)
08/14/17	Kim Eng	City Developments	11.14	12.05	Buy	RNAV (11% discount)
08/15/17	Credit Suisse	City Developments	11.53	12.7	Outperform
08/15/17	DBS Vickers	City Developments	11.53	12.63	Buy	RNAV, PB1.2x
09/05/17	CIMB	City Developments	11.65	12.54	Add
09/12/17	DBS Vickers	City Developments	11.58	12.63	Buy
09/18/17	UOB Kay Hian	City Developments	11.25	11.4	Hold
09/25/17	Kim Eng	City Developments	11.23	12.05	Buy
09/28/17	OCBC	City Developments	11.29	12.39	Buy
09/29/17	DIR	City Developments	11.19	12.82	Outperform	Sum of parts
10/03/17	CIMB	City Developments	11.48	12.54	Add
10/05/17	DIR	City Developments	11.42	12.85	Outperform	RNAV (10% discount)
10/06/17	Lim & Tan	City Developments	11.41	0	Buy
10/09/17	OCBC	City Developments	11.6	12.9	Buy
10/09/17	Kim Eng	City Developments	11.6	13.6	Buy	RNAV
10/10/17	phillip	City Developments	11.75	12.1	Accumulate	RNAV (15% discount)
10/11/17	DBS Vickers	City Developments	11.85	12.63	Buy	RNAV, PB1.2x
11/10/17	Kim Eng	City Developments	12.14	13.8	Buy	RNAV
11/10/17	UOB Kay Hian	City Developments	12.14	11.4	Hold	RNAV (12% discount), Buy @ $9.7
11/10/17	CIMB	City Developments	12.14	13.15	Add	RNAV (20% discount)
11/10/17	DBS Vickers	City Developments	12.14	14.03	Buy	RNAV, PB1.2x
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
11/20/17	Lim & Tan	City Developments	12.11	0	Buy
11/27/17	DBS Vickers	City Developments	12.24	14.03	Buy	RNAV, PB1.2x
11/27/17	Macquarie	City Developments	12.24	14.05	Outperform
12/01/17	UOB Kay Hian	City Developments	12.11	14.03	Buy