SPH Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/06/16	CIMB	SPH Reit	0.955	1.05	Hold	DDM
01/06/16	Lim & Tan	SPH Reit	0.955	0	Hold
01/06/16	OCBC	SPH Reit	0.955	0.99	Hold
01/07/16	Credit Suisse	SPH Reit	0.955	1.02	Neutral
01/07/16	DBS Vickers	SPH Reit	0.955	0.99	Hold	DCF
04/05/16	CIMB	SPH Reit	0.97	1.05	Hold	DDM
04/05/16	DBS Vickers	SPH Reit	0.97	0.99	Hold
04/05/16	Lim & Tan	SPH Reit	0.97	0	Hold
04/05/16	OCBC	SPH Reit	0.97	0.99	Hold
04/13/16	Kim Eng	SPH Reit	0.945	1.01	Not Rated
07/08/16	CIMB	SPH Reit	0.94	1.03	Hold	DDM
07/08/16	DBS Vickers	SPH Reit	0.94	0.99	Hold
07/08/16	Lim & Tan	SPH Reit	0.94	0	Hold
07/08/16	OCBC	SPH Reit	0.94	0.99	Hold
07/12/16	Credit Suisse	SPH Reit	0.95	1.02	Neutral
07/19/16	Credit Suisse	SPH Reit	0.95	1.04	Neutral
08/03/16	OCBC	SPH Reit	0.945	1.05	Buy
08/16/16	DBS Vickers	SPH Reit	0.96	0.99	Hold
08/31/16	Credit Suisse	SPH Reit	0.965	1.04	Neutral
10/07/16	DBS Vickers	SPH Reit	1	1	Hold	DCF
10/07/16	Lim & Tan	SPH Reit	1	0	Hold
10/07/16	OCBC	SPH Reit	1	1.05	Buy
10/10/16	CIMB	SPH Reit	0.995	1.05	Hold	DDM
11/08/16	OCBC	SPH Reit	0.965	1.05	Buy
12/05/16	Lim & Tan	SPH Reit	0.95	0	Buy on weakness
12/05/16	OCBC	SPH Reit	0.95	1.06	Buy
01/09/17	DBS Vickers	SPH Reit	0.965	1	Hold	DCF
01/12/17	CIMB	SPH Reit	0.97	0.95	Hold	DDM
01/12/17	Lim & Tan	SPH Reit	0.97	0	Hold
01/12/17	OCBC	SPH Reit	0.97	1.04	Buy
01/13/17	Credit Suisse	SPH Reit	0.975	1.04	Neutral
02/09/17	Credit Suisse	SPH Reit	0.975	1.04	Neutral
03/16/17	DBS Vickers	SPH Reit	0.965	1.03	Buy
04/04/17	DBS Vickers	SPH Reit	0.98	1.03	Buy
04/11/17	CIMB	SPH Reit	0.975	1.01	Hold	DDM
04/11/17	Credit Suisse	SPH Reit	0.975	1.04	Neutral
04/11/17	DBS Vickers	SPH Reit	0.975	1.04	Buy	DCF
04/11/17	Lim & Tan	SPH Reit	0.975	0	Buy on weakness
04/11/17	OCBC	SPH Reit	0.975	1.08	Buy	DDM
06/14/17	DBS Vickers	SPH Reit	0.995	1.04	Buy
07/13/17	OCBC	SPH Reit	0.995	1.08	Buy
07/13/17	Credit Suisse	SPH Reit	0.995	1.01	Neutral
07/13/17	CIMB	SPH Reit	0.995	1.04	Hold	DDM
07/13/17	Lim & Tan	SPH Reit	0.995	0	Hold
07/14/17	DBS Vickers	SPH Reit	0.995	1.04	Buy	DCF
10/10/17	OCBC	SPH Reit	1.005	1.08	Buy	DDM
10/10/17	CIMB	SPH Reit	1.005	1.06	Hold	DDM
10/10/17	DBS Vickers	SPH Reit	1.005	1.07	Buy	DCF
12/01/17	Lim & Tan	SPH Reit	1.05	0	Hold
12/13/17	DBS Vickers	SPH Reit	1.04	1.07	Hold	DCF
01/02/18	Kim Eng	SPH Reit	1.05	1	Hold	DDM
01/08/18	CIMB	SPH Reit	1.07	1.06	Hold	DDM
01/08/18	Lim & Tan	SPH Reit	1.07	0	Hold
01/08/18	OCBC	SPH Reit	1.07	1.08	Hold
01/09/18	DBS Vickers	SPH Reit	1.07	1.07	Hold	DCF