Japfa - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/02/21	CIMB	Japfa	0.935	1.18	Add
03/03/21	UOB Kay Hian	Japfa	0.94	1.17	Buy	Sum of parts, PER8.2x FY20
04/08/21	CIMB	Japfa	0.9	1.18	Add
05/03/21	CIMB	Japfa	0.915	1.22	Add
05/03/21	UOB Kay Hian	Japfa	0.915	1.17	Buy
07/02/21	CIMB	Japfa	0.82	1.22	Add	PER11.5x FY22
08/02/21	CIMB	Japfa	0.765	1.06	Add
08/03/21	UOB Kay Hian	Japfa	0.735	0.77	Hold	Sum of parts
08/25/21	DBS Vickers	Japfa	0.675	1.05	Buy	Sum of parts, PER8x FY21/22
09/09/21	CIMB	Japfa	0.71	1.06	Add	PER10x FY22
10/28/21	DBS Vickers	Japfa	0.695	0.89	Buy	Sum of parts, PER7.5x FY22
11/01/21	UOB Kay Hian	Japfa	0.685	0.6	Hold	Sum of parts, PER7.3x FY22, Buy @ $0.54
11/01/21	CIMB	Japfa	0.685	0.77	Hold