Friday, January 9, 2015

Morning Call | 9 January 2015

FLOWS
Friday, 9 January, 2015
BUY
SKPETRO, UEMS, GENM
SELL
CIMB, MAYBANK, YTL
STOCK ALERT
STOCK NAME
DATE
PRICE
BUY/SELL
TARGET PRICE
SOP (5126)
09/01/2015
RM5.36
BUY
RM6.44
CPO price cut above 200MA and broke above the RM2345/MT resistance neckline today indicating further upside for the prices after recent flooding crimp production in December. This is a major boost to the E.Mal players such as SOP which are least affected. SOP is expecting double digit FFB growth for 2015 and benefits for being the sole biodiesel supplier in Sarawak. Currently trades at 11.7xFY15PER Buy with TP: RM6.44
(TYK)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
PRESBHD (5204)  
09/01/2015
RM1.50
ACCUMULATE
RM1.90
Share price has consolidated well with weekly MACD on the verge of cutting up. Upcoming catalyst include extension of IC Citizen, nationwide supply of Microsoft software to all government ministries, contract for PISA accelerated training, and securing of partnership with MARA for student enrolment in UniMy. Currently trades 14xFY15 PER with attractive yield of 4.7%. Accumulate with TP: RM1.90
(TYK)
 
 
Calls for Jan WEEK 1 / WEEK 2 2015
STOCK
Initiation Dates
Initiation price
BUY/SELL
TARGET PRICE
LAST PRICE
% Change since Initiated
SUPERMX (7106)
02/01/2015
RM1.68
BUY
RM1.95
RM1.66
-1.2%
PTARAS(9598) 
02/01/2015
RM3.73
ACCUMULATE
RM4.20
RM3.80
+1.8%
KAREX (5247)
05/01/2015
RM3.41
TRIM
RM3.00
RM3.63
+6.4%
TGUAN (7034) 
05/01/2015
RM1.95
BUY
RM2.54
RM2.02
+3.5%
MUHIBBAH (5703)
06/01/2015
RM1.83
ACCUMULATE
RM2.30
RM1.74
-5.0%
SUNWAY (5211) 
06/01/2015
RM3.24
ACCUMULATE
RM3.60
RM3.32
+2.4%
GENTING (3182)
07/01/2015
RM8.43
ACCUMULATE on weakness
RM9.30
RM8.75
+3.7%
MFLOUR (3662) 
07/01/2015
RM1.54
ACCUMULATE
RM1.70
RM1.54
0.0%
AIRPORT(5014)
08/01/2015
RM6.38
Trading BUY
RM7.00
RM6.30
+1.3%
HLBANK (5819) 
08/01/2015
RM13.88
ACCUMULATE
-
RM13.98
+0.7%
 
 
Performance
Positive
 
Negative
 
Neutral