Attractive Valuation Supported by Short-Term Earnings Momentum; Upgrade to OW Daily Market Summary Indonesia: Bank Indonesia maintains policy rate – notes downside risk to growth Sequentially healthy: Weekly ending Apr 12, 2015 Louisiana Gaming Revenues Increased 5.8% Year Over Year in March; Same Store Decreased 4.1%;PNK -5.4%; BYD -6.8% Takeaways from Media Buyer Call 1Q15 operational update by management Memory-hungry high-end smartphones; Analyzing the impact in DRAM and NAND Sector Review: Awaiting demand recovery; Benign margin outlook; Be selective - Prefer UNSP, CLGT and GCPL Weak 1Q sales