Wilmar - Stock calls

Date	Analyst	Company	Last	Target	Valuation
01/04/18	CIMB	Wilmar	3.16	4.27
01/15/18	DBS Vickers	Wilmar	3.16	3.5
01/16/18	UOB Kay Hian	Wilmar	3.19	4.1	Sum of parts, PER14x FY18
02/23/18	CIMB	Wilmar	3.04	4.1	Sum of parts
02/23/18	UOB Kay Hian	Wilmar	3.04	4.1	Sum of parts, PER14x FY18
02/23/18	OCBC	Wilmar	3.04	3.51	PER13.5x FY18/19
02/26/18	DBS Vickers	Wilmar	3.13	3.65	DCF
02/26/18	DMG & Partners	Wilmar	3.13	3.45	Sum of parts
03/05/18	CIMB	Wilmar	3.18	4.1	Sum of parts
03/07/18	UOB Kay Hian	Wilmar	3.16	4.1	Sum of parts
03/08/18	OCBC	Wilmar	3.18	3.51
03/14/18	DBS Vickers	Wilmar	3.23	3.65
04/03/18	DBS Vickers	Wilmar	3.21	3.65
04/05/18	DMG & Partners	Wilmar	3.08	3.45
04/06/18	CIMB	Wilmar	3.1	4.1
04/30/18	UOB Kay Hian	Wilmar	3.26	4.1	Sum of parts, PER14x FY18
05/11/18	CIMB	Wilmar	3.21	4.1	Sum of parts
05/11/18	UOB Kay Hian	Wilmar	3.21	4.1	Sum of parts, PER14x FY18
05/11/18	DMG & Partners	Wilmar	3.21	3.45
05/14/18	UOB Kay Hian	Wilmar	3.16	3.9	Sum of parts, PER14.5x FY18
05/14/18	DBS Vickers	Wilmar	3.16	3.65	DCF, PER14.4x FY18
05/14/18	OCBC	Wilmar	3.16	3.51
05/14/18	DMG & Partners	Wilmar	3.16	3.59	Sum of parts
06/05/18	DBS Vickers	Wilmar	3.28	3.65
06/21/18	UOB Kay Hian	Wilmar	3.12	3.9
06/27/18	OCBC	Wilmar	3.06	3.51	PER13x
07/03/18	UOB Kay Hian	Wilmar	3.04	3.9	PER14.5x FY18
07/03/18	DBS Vickers	Wilmar	3.04	3.5	DCF
07/04/18	DMG & Partners	Wilmar	3.07	3.59	Sum of parts
08/02/18	DMG & Partners	Wilmar	3.15	3.51	Sum of parts
08/14/18	UOB Kay Hian	Wilmar	3.13	3.9	PER14.5x FY18
08/14/18	CIMB	Wilmar	3.13	4.1	Sum of parts
08/15/18	DBS Vickers	Wilmar	3.25	3.61	DCF
08/15/18	DMG & Partners	Wilmar	3.25	3.69	Sum of parts
09/13/18	DBS Vickers	Wilmar	3.15	3.61
10/08/18	UOB Kay Hian	Wilmar	3.19	3.9	PER13.7x FY19
10/11/18	DBS Vickers	Wilmar	3.14	3.59	DCF
11/12/18	DMG & Partners	Wilmar	3.15	3.69	Sum of parts
11/13/18	CIMB	Wilmar	3.18	4.1	Sum of parts
11/13/18	UOB Kay Hian	Wilmar	3.18	3.9	Sum of parts, PER13.7x FY19
11/15/18	DMG & Partners	Wilmar	3.19	3.59
11/16/18	OCBC	Wilmar	3.22	3.42	PER12.5x
11/16/18	DBS Vickers	Wilmar	3.22	3.59	DCF
11/16/18	DMG & Partners	Wilmar	3.22	3.69
11/28/18	Exotix Capital	Wilmar	3.16	2.29	PER10x
12/10/18	DMG & Partners	Wilmar	3.15	3.58	Sum of parts
01/02/19	DMG & Partners	Wilmar	3.16	3.58
01/03/19	UOB Kay Hian	Wilmar	3.13	3.9
02/20/19	OCBC	Wilmar	3.37	3.42
02/22/19	DMG & Partners	Wilmar	3.39	3.58
02/22/19	CIMB	Wilmar	3.39	3.96	Sum of parts
02/22/19	UOB Kay Hian	Wilmar	3.39	3.9
02/25/19	DMG & Partners	Wilmar	3.26	3.63	Sum of parts
02/25/19	DBS Vickers	Wilmar	3.26	3.6	DCF, PER15.4x FY19
03/12/19	CIMB	Wilmar	3.2	3.96	Sum of parts
03/12/19	DBS Vickers	Wilmar	3.2	3.6
03/13/19	DMG & Partners	Wilmar	3.24	3.63
03/20/19	UOB Kay Hian	Wilmar	3.3	3.9
04/08/19	UOB Kay Hian	Wilmar	3.48	3.9
04/09/19	OCBC	Wilmar	3.49	3.44	PB0.9x
04/09/19	CIMB	Wilmar	3.49	3.96