Quantamental Investing to beat Benchmarks

A. Stotz Investment Research

We pick stocks. We construct portfolios. All our effort is focused on how to better pick stocks and construct portfolios. We serve fund management companies, family offices, and high net worth individuals.

DLG: Signed MoU for Phase 3 of Deepwater Terminal

DLG: Beneficiary of High Oil and Gas Storage Demand

DLG: Major Oil and Gas Storage Increases to Start Soon

CEO, A. Stotz Investment Research

Dr. Andrew Stotz, CFA

Equity Bottom-Up

<ul><li>Good growth in core profit, good price momentum, and capable of funding growth internally relative to its sector</li><li>Well positioned to benefit from the growing demand for oil and gas storage facilities, which is supported by growing demand for oil in Asia</li><li>DLG announced to expand the storage capacity of PDT Phase 1 by more than 30%, construction of Phase 2 is on track to complete in 2018-19, and now securing partners for Phase 3 to be built over the next 5-10 years</li><li>The stock trades above Asian Capital Goods at 18CE* 3.8x PB, but offers better ROE and a solid balance sheet</li><li>Risk: Delay in construction of storage facilities</li></ul><p><em>* Consensus Estimates</em></p>

Good growth in core profit, good price momentum, and capable of funding growth internally relative to its sectorWell positioned to benefit from the growing demand for oil and gas storage facilities, which is supported by growing demand for oil in AsiaDLG announced to expand the storage capacity of PDT Phase 1 by more than 30%, construction of Phase 2 is on track to complete in 2018-19, and now securing partners for Phase 3 to be built over the next 5-10 yearsThe stock trades above Asian Capital Goods at 18CE* 3.8x PB, but offers better ROE and a solid balance sheetRisk: Delay in construction of storage facilities* Consensus Estimates

DLG (DLG MK): Already Securing Customers for Phase 3

Dialog Group

DLG (DLG MK): Already Securing Customers for Phase 3