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FLOWS
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Tuesday, 25 August, 2015
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BUY
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DIGI
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SELL
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SIME, PCHEM
WPRTS
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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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GENM (4715)
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25/08/2015
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RM3.80
|
SELL into STR
|
RM3.20 – 3.50
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Share price trades close to its important
support level of RM3.75-3.80 w 50MA on the verge of cutting 200MA. We
advocate a sell into strength as newsflow is expected to be limited given
Genting Integrated Tourism Plan is only slated for completion by mid 2016.
Given the current weak consumer sentiments n implementation of GST,
visitation is expected to remain flat at best. Share price could retest its
7yr forward PE average of 13x compared to current PER of 15.6xFY15 n
14.1xFY16. Sell into strength w Target buyback RM3.20-3.50.
(TYK)
 |
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KPJ (5878)
|
25/08/2015
|
RM4.12
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SELL into STR
|
RM3.50
|
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|
Share price has only fallen 6% from its peak
w valuation remaining steep at 29xFY15 PER. Earnings growth is expected to be
minimal w possible margin compressions from implementation of GST n longer
gestation period for new hospitals while dividend yield is unattractive at
1.6%. Share price could see further downside should it break its 200MA of
RM4.04. We advocate a Sell into Strength w TP: RM3.50
(TYK)
 |
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Calls for AUGUST WEEK 3/ WEEK 4 2015
|
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|
STOCK
|
Initiation
Dates
|
Initiation
price
|
BUY/SELL
|
TARGET
PRICE
|
LAST PRICE
|
% Change
since Initiated
|
|||
|
KULIM (2003)
|
18/08/2015
|
RM2.68
|
REDUCE
|
RM2.20
|
RM2.67
|
-0.4%
|
|||
|
GAB (3255)
|
18/08/2015
|
RM12.98
|
ACCUMULATE
|
RM15.02
|
RM12.76
|
-1.7%
|
|||
|
IJMPLNT (2216)
|
19/08/2015
|
RM3.30
|
TRIM
|
RM3.00
|
RM3.16
|
-4.3%
|
|||
|
IHH (5225)
|
19/08/2015
|
RM5.65
|
TRIM
|
RM5.08
|
RM5.52
|
-2.4%
|
|||
|
MISC (3816)
|
20/08/2015
|
RM8.00
|
REDUCE
|
-
|
RM7.82
|
-2.3%
|
|||
|
GAMUDA (5398)
|
20/08/2015
|
RM4.00
|
ACCUMULATE
|
RM4.60
|
RM3.85
|
3.7%
|
|||
|
PWROOT (7237)
|
21/08/2015
|
RM2.29
|
TAKE PROFIT
|
BB – RM1.88
|
RM2.05
|
-10.5%
|
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|
DELEUM (5132)
|
21/08/2015
|
RM1.05
|
ACCUMULATE
|
RM1.50
|
RM1.02
|
-2.9%
|
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|
CENTURY (7117)
|
24/08/2015
|
RM0.88
|
BUY on weakness
|
RM1.10
|
RM0.78
|
-11.4%
|
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|
GTRONIC (7022)
|
24/08/2015
|
RM5.87
|
Take Profit
|
-
|
RM5.61
|
-4.5%
|
|||
|
PERFORMANCE
ALERT
|
|||||
|
STOCK
|
Initiation
dates
|
Initiation
price
|
Target Price
|
Action
|
Returns
|
|
TOPGLOV (7113)
|
08/06/2015
|
RM5.47
|
-
|
Trading
Sell
|
-
|
|
XINHWA (5267)
|
03/08/2015
|
RM1.03
|
1.20
|
Buy
Back
|
-
|
|
KAREX (5247)
|
07/08/2015
|
RM3.10
|
RM3.80
|
Buy
Back
|
-
|
|
Performance
|
|
|
Positive
|
|
|
Negative
|
|
|
Neutral
|
|
