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FLOWS
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Wednesday , 30 Jan 2013
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BUY
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CIMB, DIALOG, MRCB
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SELL
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MAS, PBBANK, AXIATA
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STOCK ALERT
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STOCK NAME
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DATE
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PRICE
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BUY/SELL
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TARGET PRICE
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AIRASIA (5099)
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30/1/2013
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RM2.62
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BUY
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RM3.40
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AIRASIA (RM2.76) –Major rerating catalyst is just around the
corner with the opening of Klia2 in June 2013 which should see a significant
number of flights added as it faces space constraints at its current LCCT.
The other major catalyst could come in the form of a dividend payout,
which is unheard of in the industry recently. Stock touched a short
term high of RM3.00 before retracing 9% as of yesterday and has bounced off
the 50% Fibonacci level. MACD
still trading in the negative territory while the RSI is picking up. Intraday
activities suggest that there’s aggressive accumulated of stock.
Stochastics triggered a buy. Immediate tp of RM 3.40.
(RL)
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WCT(9679)
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30/1/2013
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RM2.26
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Long Term BUY
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RM2.90
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WCT
(RM2.26) – achieved an orderbook of 3.2bil in 2012, about 620mil unbilled
sales that would support earnings this year, as well as a 2.7bil worth of
project being tendered including packages for the KVMRT track works and not
forgetting their undeveloped projects in Johor, OUG, Rawang, worth another 7
mil in GDV. Group is likely to post better results as they expect a stronger
sales numbers in 4Q from its
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Calls for JAN WEEK 3/WEEK 4
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STOCK
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Initiation Dates
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Initiation price
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BUY/SELL
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TARGET
PRICE
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LAST PRICE
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% Change since Initiated
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KNM (7164)
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18/1/2013
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RM0.525
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Trading BUY
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RM0.66
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RM0.49
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-7.5%
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SENDAI (5205)
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18/1/2013
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RM1.27
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ACCUMULATE
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RM1.87
|
RM1.20
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-5.8%
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YTL (4677)
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21/1/2013
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RM1.80
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BUY on weakness
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RM2.00
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RM1.71
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-5.0%
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FITTERS (9318)
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21/1/2013
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RM0.63
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ACCUMULATE
|
RM0.84
|
RM0.60
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-5.0%
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GENTING (3182)
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22/1/2013
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RM9.58
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SELL
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RM8.48
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RM9.52
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-0.7%
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YINSON (7293)
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22/1/2013
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RM2.13
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BUY
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RM2.70
|
RM2.23
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+4.5%
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MEDIA (4502)
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23/1/2013
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RM2.17
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BUY
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RM2.40
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RM2.28
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+4.9%
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PADINI (1052)
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23/1/2013
|
RM1.73
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BUY
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RM2.00
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RM1.85
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+6.4%
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GASMSIA(5209)
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25/1/2013
|
RM2.62
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DEFENSIVE ACCUMULATE
|
RM2.53
>
|
RM2.65
|
+1.2%
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PMETAL (8869)
|
25/1/2013
|
RM1.87
|
ACCUMULATE on
weakness
|
RM1.87
>
|
RM1.87
|
0.00%
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Wednesday, January 30, 2013
Morning Call | 30 Jan 2013
