Ho Bee - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/14/16	Kim Eng	Ho Bee	1.96	2.84	Buy	RNAV (34% discount), PB0.7x
02/26/16	Kim Eng	Ho Bee	1.91	2.33	Buy	RNAV (38% discount)
03/10/16	Kim Eng	Ho Bee	1.955	2.33	Buy	RNAV (38% discount)
03/10/16	Lim & Tan	Ho Bee	1.955	0	Buy
03/14/16	phillip	Ho Bee	2	2.27	Accumulate	RNAV (40% discount)
03/28/16	DMG & Partners	Ho Bee	2.13	2.6	Buy
04/04/16	Kim Eng	Ho Bee	2.19	2.33	Buy
04/20/16	Kim Eng	Ho Bee	2.19	2.47	Buy	RNAV (40% discount)
04/29/16	phillip	Ho Bee	2.17	2.27	Accumulate	RNAV (40% discount)
05/04/16	CIMB	Ho Bee	2.19	2.8	Add	RNAV (30% discount)
05/24/16	UOB Kay Hian	Ho Bee	2.23	2.86	Buy
06/08/16	UOB Kay Hian	Ho Bee	2.27	2.82	Buy
06/09/16	Kim Eng	Ho Bee	2.24	2.47	Buy
06/27/16	DMG & Partners	Ho Bee	2.17	2.75	Buy
06/27/16	phillip	Ho Bee	2.17	2.2	Accumulate	RNAV (40% discount)
06/30/16	Kim Eng	Ho Bee	2.13	2.28	Hold	RNAV (39% discount)
07/07/16	UOB Kay Hian	Ho Bee	2.11	2.82	Buy
08/16/16	CIMB	Ho Bee	2.23	2.78	Add	RNAV (30% discount)
08/17/16	phillip	Ho Bee	2.2	2.2	Accumulate	RNAV (40% discount)
09/09/16	Kim Eng	Ho Bee	2.16	2.28	Hold
10/05/16	Kim Eng	Ho Bee	2.16	2.28	Hold
10/06/16	DMG & Partners	Ho Bee	2.16	2.68	Buy
11/09/16	UOB Kay Hian	Ho Bee	2.12	2.82	Buy
11/11/16	Lim & Tan	Ho Bee	2.11	0	Buy
11/11/16	phillip	Ho Bee	2.11	2.2	Accumulate	RNAV (40% discount)
12/06/16	Kim Eng	Ho Bee	2.09	2.13	Hold
12/13/16	UOB Kay Hian	Ho Bee	2.08	2.82	Buy
01/11/17	Kim Eng	Ho Bee	2.06	2.13	Hold
02/06/17	phillip	Ho Bee	2.29	2	Accumulate
02/09/17	Lim & Tan	Ho Bee	2.3	0	Buy
02/28/17	Kim Eng	Ho Bee	2.3	2.47	Hold
03/02/17	phillip	Ho Bee	2.26	2.64	Accumulate	RNAV (30% discount)
03/08/17	UOB Kay Hian	Ho Bee	2.32	2.82	Buy
03/13/17	Kim Eng	Ho Bee	2.35	2.47	Hold
03/13/17	UOB Kay Hian	Ho Bee	2.35	3.02	Buy
03/16/17	Kim Eng	Ho Bee	2.3	2.6	Hold
04/26/17	Kim Eng	Ho Bee	2.31	2.6	Hold	RNAV (36% discount)
04/27/17	phillip	Ho Bee	2.37	2.64	Accumulate	RNAV (30% discount)
05/29/17	Kim Eng	Ho Bee	2.36	3	Buy	RNAV (29% discount)
06/16/17	Kim Eng	Ho Bee	2.37	3	Buy
07/11/17	Kim Eng	Ho Bee	2.35	3	Buy
08/14/17	phillip	Ho Bee	2.32	2.98	Accumulate	RNAV (30% discount)
08/22/17	CIMB	Ho Bee	2.35	3.39	Add	RNAV (35% discount)
08/28/17	Kim Eng	Ho Bee	2.39	3	Buy
09/18/17	UOB Kay Hian	Ho Bee	2.32	3.02	Buy
09/25/17	Kim Eng	Ho Bee	2.36	3	Buy
11/10/17	phillip	Ho Bee	2.57	2.98	Accumulate	RNAV (30% discount)
11/17/17	Kim Eng	Ho Bee	2.53	3	Buy
12/01/17	UOB Kay Hian	Ho Bee	2.48	3.02	Buy
12/18/17	Kim Eng	Ho Bee	2.41	3	Buy