Raffles Medical - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
02/25/20	DMG & Partners	Raffles Medical	1.02	0.96	Neutral	DCF
02/25/20	UOB Kay Hian	Raffles Medical	1.02	1.21	Buy	DCF
02/25/20	DBS Vickers	Raffles Medical	1.02	1.1	Hold	Sum of parts
02/25/20	Kim Eng	Raffles Medical	1.02	1.06	Hold	DCF
02/25/20	CIMB	Raffles Medical	1.02	1.16	Add
02/26/20	phillip	Raffles Medical	1.01	0.99	Neutral	DCF
03/25/20	CIMB	Raffles Medical	0.745	0.98	Add	Sum of parts
04/28/20	DMG & Partners	Raffles Medical	0.87	0.93	Neutral	DCF
04/28/20	UOB Kay Hian	Raffles Medical	0.87	1.11	Buy	DCF
04/28/20	OCBC	Raffles Medical	0.87	1.02	Buy
04/29/20	Kim Eng	Raffles Medical	0.87	0.99	Buy	DCF
04/29/20	DBS Vickers	Raffles Medical	0.87	0.96	Hold	Sum of parts
07/28/20	DMG & Partners	Raffles Medical	0.92	0.91	Neutral	DCF
07/28/20	UOB Kay Hian	Raffles Medical	0.92	1.07	Buy	DCF
07/28/20	CIMB	Raffles Medical	0.92	0.96	Hold
07/28/20	Kim Eng	Raffles Medical	0.92	0.99	Hold	DCF
07/28/20	OCBC	Raffles Medical	0.92	0.96	Hold
07/28/20	DBS Vickers	Raffles Medical	0.92	0.95	Hold	Sum of parts
07/28/20	Lim & Tan	Raffles Medical	0.92	0	Hold
07/29/20	phillip	Raffles Medical	0.92	0.94	Neutral	DCF
10/01/20	Kim Eng	Raffles Medical	0.81	0.99	Buy	DCF
12/11/20	UOB Kay Hian	Raffles Medical	0.855	1.07	Buy	DCF