Rex - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/22/20	UOB Kay Hian	Rex	0.188	0.3	Buy	Sum of parts
06/15/21	UOB Kay Hian	Rex	0.19	0.3	Buy

Raffles Medical - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
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
02/22/21	Lim & Tan	Raffles Medical	0.985	0	Hold
02/23/21	Kim Eng	Raffles Medical	1.02	1.1	Buy	DCF
02/23/21	UOB Kay Hian	Raffles Medical	1.02	1.12	Buy
02/24/21	OCBC	Raffles Medical	1.04	1.15	Buy	DCF, PER30.7x FY21
02/26/21	phillip	Raffles Medical	1.07	1.18	Accumulate	DCF
04/07/21	DMG & Partners	Raffles Medical	1.17	1.29	Buy
05/10/21	DMG & Partners	Raffles Medical	1.13	1.29	Buy	PER43.5x
05/31/21	CIMB	Raffles Medical	1.08	1.22	Add	Sum of parts
06/07/21	DBS Vickers	Raffles Medical	1.13	1.4	Buy	Sum of parts
06/11/21	UOB Kay Hian	Raffles Medical	1.14	1.27	Buy	DCF
07/09/21	DMG & Partners	Raffles Medical	1.17	1.35	Buy
07/13/21	CIMB	Raffles Medical	1.22	1.4	Add	Sum of parts
07/23/21	DBS Vickers	Raffles Medical	1.32	1.48	Buy	Sum of parts
07/27/21	UOB Kay Hian	Raffles Medical	1.32	1.43	Buy	DCF
07/27/21	CIMB	Raffles Medical	1.32	1.44	Hold
07/27/21	DMG & Partners	Raffles Medical	1.32	1.45	Buy	PER38x FY22

Q&M - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
11/26/20	Amfrasers	Q&M	0.465	0.54	Outperform
02/08/21	phillip	Q&M	0.485	0.7	Buy	PER20x FY21 + assoc cap
03/10/21	CIMB	Q&M	0.645	0.92	Add	PER20x FY22
03/30/21	Kim Eng	Q&M	0.605	0.87	Buy	PER22x FY21
04/30/21	DBS Vickers	Q&M	0.62	0.81	Buy	Sum of parts
05/12/21	CIMB	Q&M	0.61	0.97	Add
05/12/21	Lim & Tan	Q&M	0.61	0	Buy
05/18/21	Kim Eng	Q&M	0.655	0.87	Buy
05/19/21	phillip	Q&M	0.67	1	Buy	PER25x FY21
05/20/21	DBS Vickers	Q&M	0.685	0.84	Buy	Sum of parts
06/09/21	Lim & Tan	Q&M	0.67	0.88	Buy
06/11/21	Amfrasers	Q&M	0.675	0.91	Outperform
06/29/21	UOB Kay Hian	Q&M	0.76	0.94	Buy	PER20x FY22
07/06/21	phillip	Q&M	0.83	1	Buy
07/27/21	DBS Vickers	Q&M	0.805	1	Buy	Sum of parts