PACC Offshore - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/23/18	DBS Vickers	PACC Offshore	0.43	0.51	Buy	PB1x
02/13/18	DBS Vickers	PACC Offshore	0.37	0.51	Buy
02/22/18	DBS Vickers	PACC Offshore	0.39	0.48	Buy	PB1.4x
04/04/18	DBS Vickers	PACC Offshore	0.35	0.32	Hold	PB1x
05/10/18	DBS Vickers	PACC Offshore	0.345	0.32	Hold	PB1x FY18
08/10/18	DBS Vickers	PACC Offshore	0.305	0.32	Hold	PB1x FY18
11/05/18	DBS Vickers	PACC Offshore	0.24	0.25	Hold	PB0.8x FY19
02/26/19	DBS Vickers	PACC Offshore	0.183	0.2	Hold	PB0.8x FY19