Sheng Siong - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
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
03/19/18	phillip	Sheng Siong	0.945	1.13	Buy
04/03/18	Kim Eng	Sheng Siong	0.95	1.2	Buy	DCF, PER25x FY18, EV/Ebitda7x
04/03/18	UOB Kay Hian	Sheng Siong	0.95	1.1	Buy
04/11/18	DMG & Partners	Sheng Siong	0.97	1.11	Buy	DCF & PER21x
04/16/18	phillip	Sheng Siong	1	1.13	Accumulate
04/30/18	DMG & Partners	Sheng Siong	1.02	1.18	Buy	DCF & PER
04/30/18	UOB Kay Hian	Sheng Siong	1.02	1.09	Hold	PER22.5x FY18, Buy @ $0.98
04/30/18	OCBC	Sheng Siong	1.02	1.06	Buy
04/30/18	DBS Vickers	Sheng Siong	1.02	1.21	Buy	PER25x FY18
05/02/18	phillip	Sheng Siong	1.02	1.13	Accumulate	PER23x FY18
05/02/18	CIMB	Sheng Siong	1.02	1.18	Add	PER22.3x FY19
05/21/18	DMG & Partners	Sheng Siong	1	1.18	Buy	DCF & PER
06/22/18	DMG & Partners	Sheng Siong	1	1.18	Buy
06/28/18	OCBC	Sheng Siong	1.05	1.12	Buy
07/04/18	CIMB	Sheng Siong	1.06	1.18	Add	PER22.2x FY19
07/13/18	DMG & Partners	Sheng Siong	1.08	1.27	Buy	DCF
07/31/18	UOB Kay Hian	Sheng Siong	1.07	1.09	Hold	PER22.5x FY18, Buy @ $0.98
07/31/18	DBS Vickers	Sheng Siong	1.07	1.26	Buy	PER25x FY19
08/01/18	DMG & Partners	Sheng Siong	1.07	1.27	Buy	DCF & PER
08/02/18	phillip	Sheng Siong	1.09	1.13	Accumulate	PER23x FY18
08/02/18	OCBC	Sheng Siong	1.09	1.25	Buy
08/20/18	CIMB	Sheng Siong	1.09	1.26	Add	PER22.2x FY19
08/20/18	DMG & Partners	Sheng Siong	1.09	1.3	Buy	DCF & PER21x
08/21/18	UOB Kay Hian	Sheng Siong	1.11	1.14	Hold	DCF, PER21.8x FY19, Buy @ $1.05
09/14/18	CIMB	Sheng Siong	1.12	1.26	Add
09/18/18	Amfrasers	Sheng Siong	1.12	1.24	Buy	DCF, PER25.1x FY18
09/18/18	DBS Vickers	Sheng Siong	1.12	1.26	Buy
10/02/18	Amfrasers	Sheng Siong	1.13	1.24	Buy	DCF, PER21x FY18
10/23/18	CIMB	Sheng Siong	1.05	1.26	Add
10/31/18	DBS Vickers	Sheng Siong	1.08	1.24	Buy	PER25x FY19
10/31/18	DMG & Partners	Sheng Siong	1.08	1.3	Buy	DCF & PER21x
11/01/18	DMG & Partners	Sheng Siong	1.08	1.27	Buy	DCF
11/01/18	UOB Kay Hian	Sheng Siong	1.08	1.15	Hold	PER22.7x FY19, Buy @ $1.04
11/01/18	OCBC	Sheng Siong	1.08	1.13	Hold
11/01/18	CIMB	Sheng Siong	1.08	1.25	Add	PER22.2x FY20
11/05/18	DBS Vickers	Sheng Siong	1.04	1.24	Buy
11/05/18	phillip	Sheng Siong	1.04	1.13	Accumulate	PER25x FY19
12/10/18	DMG & Partners	Sheng Siong	1.08	1.27	Buy
12/17/18	DBS Vickers	Sheng Siong	1.09	1.24	Buy
01/02/19	DMG & Partners	Sheng Siong	1.06	1.27	Buy
01/04/19	phillip	Sheng Siong	1.07	1.13	Accumulate
02/20/19	UOB Kay Hian	Sheng Siong	1.08	1.15	Hold
02/27/19	DMG & Partners	Sheng Siong	1.09	1.25	Buy	DCF
02/27/19	OCBC	Sheng Siong	1.09	1.19	Buy
02/27/19	DBS Vickers	Sheng Siong	1.09	1.25	Buy	PER25x FY19
02/27/19	CIMB	Sheng Siong	1.09	1.22	Add	PER22.2x FY20
02/27/19	UOB Kay Hian	Sheng Siong	1.09	1.11	Hold
03/04/19	phillip	Sheng Siong	1.09	1.3	Accumulate	PER25x
03/05/19	Amfrasers	Sheng Siong	1.09	1.24	Buy
03/13/19	DMG & Partners	Sheng Siong	1.08	1.25	Buy	DCF
03/19/19	Kim Eng	Sheng Siong	1.08	0.95	Sell	DCF, PER19.5x FY19