Cityneon - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
04/15/16	UOB Kay Hian	Cityneon	0.495	0.72	Buy	PER11.5x FY17
05/25/16	CIMB	Cityneon	0.69	0.88	Add	PER13.1x FY17
05/25/16	UOB Kay Hian	Cityneon	0.69	0.85	Buy	Sum of parts, PER13.1x FY17
05/30/16	DBS Vickers	Cityneon	0.74	1.03	Buy	PER15.2x FY17
06/15/16	DBS Vickers	Cityneon	0.81	1.05	Buy	PER15.2x FY17
06/28/16	UOB Kay Hian	Cityneon	0.87	1.02	Buy	Sum of parts, PER14.7x FY17
06/29/16	DBS Vickers	Cityneon	0.895	1.2	Buy	PER15x FY17
07/14/16	CIMB	Cityneon	0.92	1.09	Add	PER15.5x FY17
08/15/16	CIMB	Cityneon	1.005	1.19	Add	PER15.5x FY17
08/15/16	DBS Vickers	Cityneon	1.005	1.37	Buy	PER17x FY17
08/15/16	UOB Kay Hian	Cityneon	1.005	1.15	Buy
10/14/16	UOB Kay Hian	Cityneon	0.9	1.15	Buy	Sum of parts, PER15.7x FY17
11/18/16	CIMB	Cityneon	1.105	1.19	Add
11/22/16	DBS Vickers	Cityneon	1.09	1.37	Buy	PER17x FY17
12/06/16	CIMB	Cityneon	1.005	1.41	Add	PER15x FY18
01/13/17	DBS Vickers	Cityneon	0.88	1.26	Buy
02/24/17	CIMB	Cityneon	0.825	1.27	Add	PER15x FY18
02/24/17	DBS Vickers	Cityneon	0.825	1.26	Buy	PER17x FY17
04/10/17	DBS Vickers	Cityneon	0.905	1.26	Buy
05/15/17	DBS Vickers	Cityneon	0.955	1.26	Buy
05/16/17	CIMB	Cityneon	0.9	1.27	Add	PER15x FY18
05/26/17	UOB Kay Hian	Cityneon	0.935	1.28	Buy	Sum of parts, PER14.7x FY18
05/30/17	DBS Vickers	Cityneon	0.935	1.23	Buy
06/01/17	CIMB	Cityneon	0.98	1.27	Add	PER15x FY18
08/11/17	UOB Kay Hian	Cityneon	0.935	1.28	Reject Offer	Sum of parts, offer price $0.90
08/16/17	UOB Kay Hian	Cityneon	0.935	1.28	Buy	Sum of parts
08/16/17	CIMB	Cityneon	0.935	1.27	Add	PER15x FY18
09/04/17	UOB Kay Hian	Cityneon	0.99	1.5	Buy	PER15.4x FY18
09/21/17	DBS Vickers	Cityneon	1.08	1.45	Buy	PER14.4x FY18
11/09/17	UOB Kay Hian	Cityneon	1.14	1.5	Buy
11/13/17	Amfrasers	Cityneon	1.095	1.38	Buy	PER15.1x FY18
11/27/17	DBS Vickers	Cityneon	1.04	1.45	Buy