First Resources - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/06/21	DBS Vickers	First Resources	1.38	1.7	Buy
01/11/21	UOB Kay Hian	First Resources	1.49	1.75	Buy	PER12x FY21
01/14/21	UOB Kay Hian	First Resources	1.69	1.85	Buy
01/15/21	DMG & Partners	First Resources	1.63	1.9	Buy	PER15x FY21
02/02/21	UOB Kay Hian	First Resources	1.55	1.85	Buy
02/03/21	DBS Vickers	First Resources	1.59	1.83	Buy	DCF
03/01/21	Kim Eng	First Resources	1.45	1.88	Buy	PER17x FY21
03/01/21	UOB Kay Hian	First Resources	1.45	1.7	Buy
03/01/21	DMG & Partners	First Resources	1.45	1.6	Neutral	PER14x FY22
03/15/21	DBS Vickers	First Resources	1.44	1.83	Buy
04/22/21	DMG & Partners	First Resources	1.47	1.7	Buy
05/18/21	UOB Kay Hian	First Resources	1.43	1.65	Buy
05/18/21	CIMB	First Resources	1.43	1.69	Add	PER16x
05/18/21	DMG & Partners	First Resources	1.43	1.6	Buy
06/02/21	DBS Vickers	First Resources	1.29	1.83	Buy
07/19/21	UOB Kay Hian	First Resources	1.33	1.65	Buy
08/02/21	DMG & Partners	First Resources	1.36	1.5	Buy
08/16/21	Kim Eng	First Resources	1.4	1.81	Buy	PER14x FY22
08/16/21	UOB Kay Hian	First Resources	1.4	1.4	High-Risk
10/08/21	DMG & Partners	First Resources	1.84	1.7	Neutral	PER12x FY22
11/02/21	DBS Vickers	First Resources	1.74	1.83	Hold	DCF, PER15x FY22
11/10/21	DMG & Partners	First Resources	1.63	1.7	Neutral
11/16/21	UOB Kay Hian	First Resources	1.58	1.65	Hold	PER11x FY22
11/16/21	CIMB	First Resources	1.58	1.76	Add
12/08/21	DBS Vickers	First Resources	1.51	1.83	Buy	DCF