KSH - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/05/16	Lim & Tan	KSH	0.5	0	Buy
02/10/16	OCBC	KSH	0.51	0.61	Buy	1-for-10 Bonus
05/31/16	Lim & Tan	KSH	0.55	0	Buy
06/02/16	OCBC	KSH	0.55	0.61	Buy
06/13/16	Lim & Tan	KSH	0.55	0.7	Buy
06/13/16	UOB Kay Hian	KSH	0.55	0.69	Buy	PB0.93x
08/11/16	Lim & Tan	KSH	0.56	0	Buy
08/11/16	UOB Kay Hian	KSH	0.56	0.69	Buy	PB0.93x
11/09/16	UOB Kay Hian	KSH	0.55	0.69	Buy	PB0.93x
02/10/17	UOB Kay Hian	KSH	0.54	0.69	Buy	PB0.93x
02/13/17	OCBC	KSH	0.54	0.61	Buy
03/08/17	UOB Kay Hian	KSH	0.54	0.69	Buy
04/11/17	UOB Kay Hian	KSH	0.775	1.18	Buy	RNAV (50% discount)
04/12/17	Lim & Tan	KSH	0.78	0	Buy
05/30/17	OCBC	KSH	0.935	0.86	Hold
05/31/17	UOB Kay Hian	KSH	0.915	1.12	Buy	Sum of parts
08/14/17	Lim & Tan	KSH	0.73	0	Hold
09/27/17	OCBC	KSH	0.74	0.69	Hold
10/06/17	Lim & Tan	KSH	0.785	0	Buy
11/06/17	UOB Kay Hian	KSH	0.89	0.87	Hold	Sum of parts
11/13/17	Lim & Tan	KSH	0.86	0	Hold
11/15/17	OCBC	KSH	0.865	0.79	Hold