|
FLOWS
|
Tuesday,
11 September, 2012
|
|||
|
BUY
|
PBBANK,
CIMB, SIME, MRCB
|
|||
|
SELL
|
IOI,
MAXIS, IJM
|
|||
|
SELL
|
IOI, MAXIS, IJM
|
|||
|
Stock Alert
|
||||
|
STOCK
|
DATE
|
PRICE
|
BUY/SELL
|
TARGETPRICE
|
|
TENAGA
(5347)
|
11/9/2012
|
RM6.75
|
BUY
on weakness
|
RM7.00
|
|
Selling pressure should emerge
from weaker IPI numbers reported. We view this as a buying opportunity
especially below the RM6.60 levels. The new management team has begun to
focus on growing non regulated revenue and expanding into the region. A
meeting with the Government has been set on Sep 24 to discuss amongst other
things, the setting up of a stabilization fund and also a tariff hike to
compensate for higher fuel cost. BUY below RM6.60 for a ST rebound back to
RM7.00.
|
||||
|
FGV
(5222)
|
11/9/2012
|
RM4.69
|
BUY
on weakness
|
RM5.00
|
|
Stock has fallen down to its lowest levels
since its IPO @ RM4.45 in June. Remains the 3rd largest oil palm
plantation player trading at a PE of 16x and indicative yield of 3%. Interest
will increase towards year end when included in the KLCI at the year end
review. BUY on weakness, target RM5.00.
|
||||
|
SELL
|
IOI, MAXIS, IJM
|
|||
|
Calls for Sept Week 1
|
||||
|
STOCK
|
DATE
|
PRICE
|
BUY/SELL
|
TARGETPRICE
|
|
FAVCO
(7229)
|
7/9/2012
|
RM1.56
|
Trading
BUY
|
RM 1.76
|
|
OLDTOWN
(5201)
|
7/9/2012
|
RM2.04
|
Trading
BUY
|
RM 2.20
|
|
HLI
(3301)
|
7/9/2012
|
RM4.30
|
Accumulate
|
RM 5.00
|
|
COASTAL
(5071)
|
7/9/2012
|
RM1.79
|
Trading
BUY
|
RM 1.92
|
|
SKPETRO
(5218)
|
7/9/2012
|
RM2.30
|
Trading
BUY
|
RM 2.50
|
|
PARKSON
(5657)
|
7/9/2012
|
RM4.50
|
Trading
BUY
|
RM 4.70
|
|
MISC
(3816)
|
7/9/2012
|
RM4.12
|
Trading
BUY
|
RM 4.54
|
|
AIRASIA
(5099)
|
7/9/2012
|
RM3.38
|
Trading
BUY
|
RM 3.58
|
|
GTRONICS
(7022)
|
10/9/2012
|
RM1.45
|
Trading
BUY
|
RM1.60
|
|
ALAM
(5115)
|
10/9/2012
|
RM0.51
|
BUY
|
RM0.56
|
Wednesday, September 12, 2012
Morning Call | 11 Sept 2012
