Singapore O&G - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/13/17	DBS Vickers	Singapore O&G	1.185	1.5	Buy
02/17/17	DBS Vickers	Singapore O&G	1.305	1.6	Buy	DCF & PER30x FY17
02/17/17	UOB Kay Hian	Singapore O&G	1.305	1.48	Buy	PER30.7x
02/20/17	phillip	Singapore O&G	1.255	1.57	Buy	PER36.5x FY17
03/17/17	DBS Vickers	Singapore O&G	1.25	1.6	Buy
04/10/17	DBS Vickers	Singapore O&G	1.345	1.6	Buy
04/17/17	UOB Kay Hian	Singapore O&G	1.36	1.53	Buy	PER31.8x FY17
05/16/17	DBS Vickers	Singapore O&G	0.67	0.8	Buy	DCF & PER30x
05/16/17	phillip	Singapore O&G	0.67	0.79	Accumulate	PER36.5x FY17, Split 1 into 2
06/16/17	DBS Vickers	Singapore O&G	0.66	0.8	Buy
06/19/17	UOB Kay Hian	Singapore O&G	0.65	0.74	Buy
08/11/17	UOB Kay Hian	Singapore O&G	0.49	0.59	Buy	PER26.5x FY18
08/11/17	DBS Vickers	Singapore O&G	0.49	0.41	Fully Valued	PER20x FY17/18
08/14/17	phillip	Singapore O&G	0.475	0.65	Buy	PER29x
10/04/17	UOB Kay Hian	Singapore O&G	0.465	0.59	Buy	PER26.5x FY18
10/05/17	phillip	Singapore O&G	0.475	0.65	Buy	PER29x
10/16/17	UOB Kay Hian	Singapore O&G	0.52	0.62	Buy	PER27.9x FY18
11/09/17	DBS Vickers	Singapore O&G	0.535	0.52	Hold	PER25x FY18
11/09/17	UOB Kay Hian	Singapore O&G	0.535	0.59	Buy	PER27.1x FY18
11/09/17	phillip	Singapore O&G	0.535	0.62	Accumulate	PER29x
02/20/18	phillip	Singapore O&G	0.385	0.42	Accumulate	PER23.2x
05/15/18	phillip	Singapore O&G	0.38	0.42	Accumulate	PB1.82x FY18, PER23.2x