Sheng Siong - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/08/16	OCBC	Sheng Siong	0.83	0.95	Buy
01/11/16	DIR	Sheng Siong	0.83	0.95	Outperform	DCF
01/12/16	DBS Vickers	Sheng Siong	0.825	1.01	Buy
01/13/16	DMG & Partners	Sheng Siong	0.83	1.05	Buy	DCF, PER25x
02/24/16	CIMB	Sheng Siong	0.865	0.95	Add	PER22x CY17
02/24/16	DBS Vickers	Sheng Siong	0.865	1.01	Buy
02/24/16	DIR	Sheng Siong	0.865	0.94	Outperform	DCF, PER19.2x
02/24/16	DMG & Partners	Sheng Siong	0.865	1	Buy
02/25/16	OCBC	Sheng Siong	0.87	0.95	Buy	DCF
02/26/16	phillip	Sheng Siong	0.86	0.97	Accumulate	PER23x FY16
03/17/16	CIMB	Sheng Siong	0.85	0.95	Add
03/28/16	OCBC	Sheng Siong	0.84	0.95	Buy
04/11/16	CIMB	Sheng Siong	0.84	0.95	Add	PER22x CY17
04/15/16	DBS Vickers	Sheng Siong	0.865	1.01	Buy
04/28/16	DBS Vickers	Sheng Siong	0.89	1.04	Buy
04/28/16	DIR	Sheng Siong	0.89	0.94	Outperform	DCF
04/28/16	DMG & Partners	Sheng Siong	0.89	1	Buy
04/28/16	OCBC	Sheng Siong	0.89	0.95	Buy
04/29/16	CIMB	Sheng Siong	0.89	0.97	Add	PER22x CY17
04/29/16	DIR	Sheng Siong	0.89	0.97	Outperform	DCF
04/29/16	OCBC	Sheng Siong	0.89	0.95	Buy
04/29/16	phillip	Sheng Siong	0.89	0.97	Accumulate	PER23x
06/07/16	CIMB	Sheng Siong	0.895	0.97	Add	PER22x CY17
06/17/16	DIR	Sheng Siong	0.875	0.97	Outperform	DCF
06/24/16	OCBC	Sheng Siong	0.87	0.95	Buy
06/28/16	Kim Eng	Sheng Siong	0.865	1.12	Buy	DCF & PER22x FY17
07/05/16	DIR	Sheng Siong	0.89	0.97	Outperform	DCF
07/05/16	Kim Eng	Sheng Siong	0.89	1.12	Buy	DCF & PER22x FY17
07/27/16	CIMB	Sheng Siong	0.96	1.04	Add	PER22x CY17
07/27/16	DBS Vickers	Sheng Siong	0.96	1.09	Buy
07/27/16	Kim Eng	Sheng Siong	0.96	1.13	Buy	DCF & PER22x FY17
07/28/16	DIR	Sheng Siong	0.985	1.07	Outperform	DCF
07/28/16	DMG & Partners	Sheng Siong	0.985	1.12	Buy	DCF, PER24.5x FY17
07/28/16	phillip	Sheng Siong	0.985	1.1	Accumulate	PER23x FY17
08/25/16	DBS Vickers	Sheng Siong	1.08	1.09	Buy
08/25/16	OCBC	Sheng Siong	1.08	1.07	Buy
09/08/16	DIR	Sheng Siong	1.06	1.11	Outperform	DCF
09/16/16	UOB Kay Hian	Sheng Siong	1.06	1.13	Hold	PER25.1x FY17, Buy @ $1.01
09/21/16	OCBC	Sheng Siong	1.075	1.07	Buy
09/28/16	Kim Eng	Sheng Siong	1.07	1.13	Hold
09/30/16	DBS Vickers	Sheng Siong	1.07	1.18	Buy	PER25x FY17
10/05/16	OCBC	Sheng Siong	1.075	1.15	Buy	DCF
10/27/16	CIMB	Sheng Siong	1.07	1.14	Add	PER23.3x CY18
10/27/16	DBS Vickers	Sheng Siong	1.07	1.19	Buy	PER25x FY17
10/28/16	DIR	Sheng Siong	1.07	1.05	Hold	DCF
10/28/16	DMG & Partners	Sheng Siong	1.07	1.21	Buy	DCF
10/28/16	Kim Eng	Sheng Siong	1.07	1.06	Hold	DCF
10/28/16	phillip	Sheng Siong	1.07	1.13	Accumulate	PER23x FY17
10/28/16	UOB Kay Hian	Sheng Siong	1.07	1.12	Hold	PER25.1x FY17
11/22/16	OCBC	Sheng Siong	1	1.15	Buy
12/06/16	CIMB	Sheng Siong	1.015	1.14	Add	PER23.3x CY18
12/08/16	DIR	Sheng Siong	1.01	1.04	Hold	DCF, PER21.9x
12/09/16	DBS Vickers	Sheng Siong	1.01	1.19	Buy	PER25x FY17
12/09/16	UOB Kay Hian	Sheng Siong	1.01	1.12	Hold
12/14/16	Kim Eng	Sheng Siong	0.99	0.88	Sell	DCF & PER20x FY17
01/03/17	DMG & Partners	Sheng Siong	0.95	1.21	Buy	DCF, PER26x FY17
01/19/17	DBS Vickers	Sheng Siong	0.925	1.19	Buy
01/20/17	UOB Kay Hian	Sheng Siong	0.93	1.12	Buy	PER25.1x FY17
02/01/17	OCBC	Sheng Siong	0.93	1.15	Buy
02/07/17	DMG & Partners	Sheng Siong	0.95	1.21	Buy
02/24/17	DIR	Sheng Siong	0.955	1.04	Hold	DCF
02/27/17	CIMB	Sheng Siong	0.955	0.94	Hold	PER23.3x CY18
02/27/17	DBS Vickers	Sheng Siong	0.955	1.13	Buy	PER25x FY17
02/27/17	DIR	Sheng Siong	0.955	1.01	Hold	DCF
02/27/17	Kim Eng	Sheng Siong	0.955	0.85	Sell	DCF
02/27/17	phillip	Sheng Siong	0.955	1.06	Accumulate	PER23x
02/27/17	UOB Kay Hian	Sheng Siong	0.955	1.08	Buy	PER23.2x FY18
03/08/17	DMG & Partners	Sheng Siong	0.94	1.21	Buy	DCF
03/14/17	CIMB	Sheng Siong	0.94	0.94	Hold	PER23.3x CY18
03/17/17	DBS Vickers	Sheng Siong	0.935	1.13	Buy
04/10/17	DBS Vickers	Sheng Siong	0.995	1.13	Buy	PER25x FY17
04/17/17	phillip	Sheng Siong	0.99	1.06	Accumulate
05/02/17	DIR	Sheng Siong	0.98	1.01	Hold	DCF
05/02/17	DMG & Partners	Sheng Siong	0.98	1.21	Buy	DCF
05/02/17	OCBC	Sheng Siong	0.98	1.15	Buy
05/03/17	CIMB	Sheng Siong	0.975	0.94	Hold
05/03/17	DBS Vickers	Sheng Siong	0.975	1.14	Buy	PER25x FY17
05/03/17	Kim Eng	Sheng Siong	0.975	0.85	Sell	DCF
05/03/17	phillip	Sheng Siong	0.975	1.06	Accumulate	PER23x FY17
05/03/17	UOB Kay Hian	Sheng Siong	0.975	1.09	Buy	PER23.2x FY18
06/13/17	OCBC	Sheng Siong	0.98	1.15	Buy
06/14/17	DIR	Sheng Siong	0.985	1.01	Hold	DCF
06/16/17	DBS Vickers	Sheng Siong	0.975	1.14	Buy
06/21/17	DBS Vickers	Sheng Siong	0.975	1.2	Buy	PER25x FY18
07/04/17	DMG & Partners	Sheng Siong	1	1.21	Buy
07/14/17	OCBC	Sheng Siong	0.98	1.15	Buy
07/28/17	DIR	Sheng Siong	0.95	1.01	Hold	DCF
07/28/17	CIMB	Sheng Siong	0.95	0.94	Hold	PER23.3x CY18
07/28/17	DBS Vickers	Sheng Siong	0.95	1.2	Buy	PER25x FY18
07/31/17	DIR	Sheng Siong	0.96	0.86	Underperform	DCF
07/31/17	phillip	Sheng Siong	0.96	1.06	Accumulate	PER23x
07/31/17	UOB Kay Hian	Sheng Siong	0.96	1.06	Hold	PER23.2x FY18, Buy @ $0.90
07/31/17	DMG & Partners	Sheng Siong	0.96	1.05	Neutral	DCF & PER20x
07/31/17	OCBC	Sheng Siong	0.96	1.04	Buy
09/07/17	OCBC	Sheng Siong	0.92	1.04	Buy
10/27/17	DBS Vickers	Sheng Siong	0.93	1.19	Buy	PER25x FY18
10/27/17	DMG & Partners	Sheng Siong	0.93	0.98	Neutral	DCF & PER18x
10/27/17	DIR	Sheng Siong	0.93	0.88	Underperform	DCF
10/30/17	phillip	Sheng Siong	0.94	1.13	Buy	PER23x
10/30/17	UOB Kay Hian	Sheng Siong	0.94	1.06	Hold	PER22.5x FY18
10/30/17	OCBC	Sheng Siong	0.94	1.04	Buy
10/30/17	CIMB	Sheng Siong	0.94	0.98	Hold	PER22.6x CY18
11/20/17	DIR	Sheng Siong	0.965	0.88	Underperform	DCF
11/29/17	DMG & Partners	Sheng Siong	0.95	0.98	Neutral
12/04/17	phillip	Sheng Siong	0.935	1.18	Buy
02/19/18	DMG & Partners	Sheng Siong	0.915	0.99	Neutral	Up from $0.93
02/20/18	UOB Kay Hian	Sheng Siong	0.92	1.06	Hold
02/23/18	DBS Vickers	Sheng Siong	0.925	1.2	Buy	PER25x FY18
02/26/18	phillip	Sheng Siong	0.93	1.13	Buy	PER23x FY18
02/26/18	DMG & Partners	Sheng Siong	0.93	0.98	Neutral	DCF & PER
02/26/18	OCBC	Sheng Siong	0.93	1.06	Buy
02/26/18	CIMB	Sheng Siong	0.93	1.08	Add	PER22.3x CY19