Sarine - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/19/23	DBS Vickers	Sarine	0.45	0.33	Fully Valued
08/16/23	DBS Vickers	Sarine	0.355	0.3	Fully Valued	PER21x FY24
11/21/23	DBS Vickers	Sarine	0.285	0.25	Fully Valued	PER21x FY24

Sabana - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/09/23	DBS Vickers	Sabana	0.435	0.48	Hold
08/08/23	DBS Vickers	Sabana	0.405	0.3	Fully Valued	DCF
10/19/23	DBS Vickers	Sabana	0.39	0.3	Fully Valued	DCF
11/20/23	DBS Vickers	Sabana	0.395	0.3	Fully Valued	DCF
01/24/24	Lim & Tan	Sabana	0.39	0.3	Avoid
01/25/24	DBS Vickers	Sabana	0.39	0.3	Fully Valued	DCF
04/16/24	DBS Vickers	Sabana	0.365	0.3	Fully Valued

Riverstone - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/09/23	Lim & Tan	Riverstone	0.585	0.63	Hold
11/07/23	CIMB	Riverstone	0.615	0.75	Add	PER14.5x FY25
12/12/23	CIMB	Riverstone	0.61	0.75	Add
12/12/23	DMG & Partners	Riverstone	0.61	0.74	Buy
01/22/24	CIMB	Riverstone	0.65	0.88	Add
01/26/24	UOB Kay Hian	Riverstone	0.67	0.82	Buy	PER17.3x FY24
03/01/24	UOB Kay Hian	Riverstone	0.675	0.88	Buy	PER17.6x FY24
03/21/24	DMG & Partners	Riverstone	0.765	0.93	Buy	DCF, PER18x FY24
04/03/24	UOB Kay Hian	Riverstone	0.815	0.88	Buy	PER17.6x FY24
04/15/24	DMG & Partners	Riverstone	0.76	0.93	Buy
05/03/24	UOB Kay Hian	Riverstone	0.79	0.88	Buy	PER17.6x FY24
05/10/24	DMG & Partners	Riverstone	0.775	0.93	Buy	DCF
05/13/24	UOB Kay Hian	Riverstone	0.885	1	Buy	PER18x FY25
05/13/24	DMG & Partners	Riverstone	0.885	1.05	Buy	DCF
05/16/24	UOB Kay Hian	Riverstone	0.93	1.12	Buy	PER20x FY25
07/25/24	UOB Kay Hian	Riverstone	0.95	1.16	Buy
08/07/24	DMG & Partners	Riverstone	0.895	1.05	Buy	DCF
08/08/24	UOB Kay Hian	Riverstone	0.925	1.16	Buy