Disclaimer

Fat Prophets has made every effort to ensure the reliability of the views and recommendations expressed in the reports published on its websites. Fat Prophets research is based upon information known to us or which was obtained from sources which we believed to be reliable and accurate at time of publication. However, like the markets, we are not perfect.

This report is prepared for general information only, and as such, the specific needs, investment objectives or financial situation of any particular user have not been taken into consideration. Individuals should therefore discuss, with their financial planner or advisor, the merits of each recommendation for their own specific circumstances and realise that not all investments will be appropriate for all subscribers.

To the extent permitted by law, Fat Prophets and its employees, agents and authorised representatives exclude all liability for any loss or damage (including indirect, special or consequential loss or damage) arising from the use of, or reliance on, any information within the report whether or not caused by any negligent act or omission. If the law prohibits the exclusion of such liability, Fat Prophets hereby limits its liability, to the extent permitted by law, to the resupply of the said information or the cost of the said resupply.

As at the date at the top of this page, Directors and/or associates of the Fat Prophets Group of Companies currently hold positions in:

ASX- Listed Australian stocks:

AMC, ANZ, APA, ADI, ARF, BOQ, BPT, BHP, BWP, COF, CQE, CHC, CQR, CCL, CKF, CBA, DRR, DXS, DHG, DMP, ECF, ELD, EVN, FPC, FPP, FID, FMG, GOR, GMG, GPT, HUB, IGO, ILU, JHX, MAI, MCR, NAB, NSR, NCM, NEC, NMG, NUF, OSH, ORE, OZL, PAN, PAR, PPS, QAN, QBE, RSG, RIO, SFR, STO, SAR, SCG, SRV, SLR, SHL, S32, SPK, SBM, SGP, SYD, TLS, TRS, TPG, VCX, WES, WSA, WBC, WPL.

International stocks:

Activision Blizzard Inc, Apple Inc, BNP PARIBAS ACT.A, Cisco Systems Inc, Credit Agricole, Enav, Euro Next, Harmony Gold Mining Co, Intu Properties, LVMH, Nissha, Printing Co. Ltd, Prologis Inc, Samsung Electronics Co Ltd, Sony Corporation, Tanger Factory Outlet Centers Inc, TJX Companies Inc, Vail Resorts Inc, Walt Disney Company (The), Yum China Holdings Inc, AJINOMOTO CO INC, Around Town, Boston Properties Inc, Citigroup Inc, Credit Suisse Group AG, Entra Asa, Eurocommercial, Heineken, Kerry PPT, Meituan Dianping, Nomura Holdings, ProShares Ultra Pro Short 20+ Year Treasury, Sands China Ltd, SPDR Gold Trust, Taubman Centers Inc, Tokyo Tatemono Co, Vaneck Vectors Gold Miners ETF, Warner Music Group Corp, Zhaojin Mining, Alibaba Group Holding Ltd, AvalonBay Communities Inc, Braemar Hotels and Resorts Inc, Coeur Mining Inc, D.R. Horton Inc, ESR Cayman Ltd, Extended Stay America Inc, Hilton Worldwide Holdings Inc, KONE Corporation, Merlin Properties Socimi SA, NorthWest Healthcare Properties REIT, Public Storage, Sanwa Holdings Corp, Spirit Realty Capital Inc, Tencent Holdings Ltd, Tokyu Fudosan Holdings Corporation, Vaneck Vectors Junior Gold Miners ETF, Welltower Inc, Zillow Group Inc, Alphabet Inc, Baidu Inc, Budweiser Brewing Company APAC Ltd, Corning Incorporated, Daikin Industries Ltd, Essex Property Trust Inc, Extra Space Storage Inc, Hongkong Exchanges and Clearing Ltd, LEG Immobilien AG, MGM China Holdings Ltd, Peloton Interactive Inc, Rigd Reliance Industries Limited, Segro Plc, Square Enix Holding, Tencent Music Entertainment Group, Tritax Big Box Reit Plc, Ventax Inc, Wynn Macau, Amadeus It Group Sa, Barrick Gold Corporation, Castellum AB, Cousins Properties, Digital Realty Trust Inc, ETFMG PRIME JUNIOR SILVER MINERS ETF, Fresnillo Plc, Hufvudstaden AB, LG Household & Healthcare Ltd, Mitsui Fudosan Co Ltd, Powerhouse Energy Group Plc, Rightmove Plc, Shangri-La Asia Ltd, Sunlight Real Estate Investment Trust, Terreno Realty Corp, Uber Technologies Inc, Vereit Inc, Wynn Resorts Ltd, American Homes 4 Rent, Bitcoin, China Oilfield Services, Covivio Sa, Diversified Healthcare Trust, Ethereum, Global X Silver Miners ETF, Inmobiliaria Colonial SA, Link Real Estate Investment Trust, Nintendo Co. Ltd, PPHE Hotel Group Limited, Royal Dutch Shell, Simon Property Group Inc, Swire Properties, THK Co. Ltd, UMH Properties Inc, Vornado Realty Trust, Yaskawa Electric Corporation.

These may change without notice and should not be taken as recommendations.

Disclaimer

Fat Prophets has made every effort to ensure the reliability of the views and recommendations expressed in the reports published on its websites. Fat Prophets research is based upon information known to us or which was obtained from sources which we believed to be reliable and accurate at time of publication. However, like the markets, we are not perfect.

This report is prepared for general information only, and as such, the specific needs, investment objectives or financial situation of any particular user have not been taken into consideration. Individuals should therefore discuss, with their financial planner or advisor, the merits of each recommendation for their own specific circumstances and realise that not all investments will be appropriate for all subscribers.

To the extent permitted by law, Fat Prophets and its employees, agents and authorised representatives exclude all liability for any loss or damage (including indirect, special or consequential loss or damage) arising from the use of, or reliance on, any information within the report whether or not caused by any negligent act or omission. If the law prohibits the exclusion of such liability, Fat Prophets hereby limits its liability, to the extent permitted by law, to the resupply of the said information or the cost of the said resupply.

As at the date at the top of this page, Directors and/or associates of the Fat Prophets Group of Companies currently hold positions in:

ASX- Listed Australian stocks:

AMC, ANZ, APA, ADI, ARF, BOQ, BPT, BHP, BWP, COF, CQE, CHC, CQR, CCL, CKF, CBA, DRR, DXS, DHG, DMP, ECF, ELD, EVN, FPC, FPP, FID, FMG, GOR, GMG, GPT, HUB, IGO, ILU, JHX, MAI, MCR, NAB, NSR, NCM, NEC, NMG, NUF, OSH, ORE, OZL, PAN, PAR, PPS, QAN, QBE, RSG, RIO, SFR, STO, SAR, SCG, SRV, SLR, SHL, S32, SPK, SBM, SGP, SYD, TLS, TRS, TPG, VCX, WES, WSA, WBC, WPL.

International stocks:

Activision Blizzard Inc, Apple Inc, BNP PARIBAS ACT.A, Cisco Systems Inc, Credit Agricole, Enav, Euro Next, Harmony Gold Mining Co, Intu Properties, LVMH, Nissha, Printing Co. Ltd, Prologis Inc, Samsung Electronics Co Ltd, Sony Corporation, Tanger Factory Outlet Centers Inc, TJX Companies Inc, Vail Resorts Inc, Walt Disney Company (The), Yum China Holdings Inc, AJINOMOTO CO INC, Around Town, Boston Properties Inc, Citigroup Inc, Credit Suisse Group AG, Entra Asa, Eurocommercial, Heineken, Kerry PPT, Meituan Dianping, Nomura Holdings, ProShares Ultra Pro Short 20+ Year Treasury, Sands China Ltd, SPDR Gold Trust, Taubman Centers Inc, Tokyo Tatemono Co, Vaneck Vectors Gold Miners ETF, Warner Music Group Corp, Zhaojin Mining, Alibaba Group Holding Ltd, AvalonBay Communities Inc, Braemar Hotels and Resorts Inc, Coeur Mining Inc, D.R. Horton Inc, ESR Cayman Ltd, Extended Stay America Inc, Hilton Worldwide Holdings Inc, KONE Corporation, Merlin Properties Socimi SA, NorthWest Healthcare Properties REIT, Public Storage, Sanwa Holdings Corp, Spirit Realty Capital Inc, Tencent Holdings Ltd, Tokyu Fudosan Holdings Corporation, Vaneck Vectors Junior Gold Miners ETF, Welltower Inc, Zillow Group Inc, Alphabet Inc, Baidu Inc, Budweiser Brewing Company APAC Ltd, Corning Incorporated, Daikin Industries Ltd, Essex Property Trust Inc, Extra Space Storage Inc, Hongkong Exchanges and Clearing Ltd, LEG Immobilien AG, MGM China Holdings Ltd, Peloton Interactive Inc, Rigd Reliance Industries Limited, Segro Plc, Square Enix Holding, Tencent Music Entertainment Group, Tritax Big Box Reit Plc, Ventax Inc, Wynn Macau, Amadeus It Group Sa, Barrick Gold Corporation, Castellum AB, Cousins Properties, Digital Realty Trust Inc, ETFMG PRIME JUNIOR SILVER MINERS ETF, Fresnillo Plc, Hufvudstaden AB, LG Household & Healthcare Ltd, Mitsui Fudosan Co Ltd, Powerhouse Energy Group Plc, Rightmove Plc, Shangri-La Asia Ltd, Sunlight Real Estate Investment Trust, Terreno Realty Corp, Uber Technologies Inc, Vereit Inc, Wynn Resorts Ltd, American Homes 4 Rent, Bitcoin, China Oilfield Services, Covivio Sa, Diversified Healthcare Trust, Ethereum, Global X Silver Miners ETF, Inmobiliaria Colonial SA, Link Real Estate Investment Trust, Nintendo Co. Ltd, PPHE Hotel Group Limited, Royal Dutch Shell, Simon Property Group Inc, Swire Properties, THK Co. Ltd, UMH Properties Inc, Vornado Realty Trust, Yaskawa Electric Corporation.

These may change without notice and should not be taken as recommendations.