Morning Call | 30 May 2013

FLOWS

Thursday, 30 May, 2013

BUY

MAYBANK, SUNWAY, AFFIN

SELL

BJTOTO, MRCB, GENM

STOCK ALERT

STOCK NAME

DATE

PRICE

BUY/SELL

TARGET PRICE

TSRCAP(5042)

30/5/2013

RM0.81

Trading BUY

RM1.00

Laggard as stk has been consolidating for past 2 yrs arnd 80sen lvl with occasional spike to 90sen. Technically poised to inch higher as MACD is starting to cut upwards with RSI at 50. Catalysts for a breakout include the outstanding RM1bn PD Waterfront project earlier awarded to co which includes RM300m commercial development plus RM440m residential and hotel development to spearhead development in N9. Co is exposed to growth in N9 as it is also involved in JV to set up a college there. Trading buy with target of RM1. (LJN)

BPURI(5932)

30/5/2013

RM0.805

Trading BUY on Weakness

RM1.00

Stk is poised to break above RM0.80 to head to RM1 as technically it has cut above 200D SMA lvl. Also any new development in its recently awarded RM1.3bn mixed development project in Brickfields (which is linked to KL Sentral) will spur interest in stk. Outstanding GDV stands at RM2.48bn  v its mkt cap of mere RM103m. Trades at PER 11x, yield 2.5%-trading buy on weakness. (LJN)

Calls for MAY Week 3/ Week 4

STOCK

Initiation Dates

Initiation price

BUY/SELL

TARGET PRICE

LAST PRICE

% Change since Initiated

KUB(6874)

22/5/2013

RM0.48

Trading BUY

RM0.70

RM0.51

+6.25%

HUBLINE(7013)

22/5/2013

RM0.065

Trading BUY

RM0.10

RM0.06

-7.7%

TAS (5149)

23/5/2013

RM0.51

BUY

RM0.69

RM0.515

+1.0%

GLOMAC (5020)

23/5/2013

RM1.36

SELL

RM1.22

RM1.36

0.0%

MULPHA (3905)

27/5/2013

RM0.445

BUY

RM0.68

RM0.465

+4.4%%

GENTING (3182)

27/5/2013

RM10.30

Accumulate

RM11.78

RM10.38

+0.7%

PRESBHD (5204)

28/5/2013

RM1.70

ACCUMULATE

RM2.30

RM1.80

+5.8%

KIMLUN(5171)

28/5/2013

RM1.91

ACCUMULATE

RM2.26

RM2.34

+22.5%

HUNZPTY(5018)

29/5/2013

RM2.35

LONG TERM BUY

RM2.80

RM2.37

+0.8%

LMCEMENT (3794)

29/5/2013

RM10.98

TRADING SELL

RM9.75

RM11.00

+0.2%