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FLOWS
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Thursday, August 06, 2015
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BUY
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GAMUDA
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SELL
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DIGI, GENM, MISC,
TENAGA
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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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KAREX (5247)
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07/08/2015
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RM3.55
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TAKE PROFIT
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BB RM - 3.10
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Achieved our target of RM3.60 since our buy
call made on the 1/6/2015. Share price appreciated to a high of RM3.66 before
closing at RM3.55 today. In light of the recent sell down of the broad
market, we’d suggest a take profit stance to realize this short term gain and
a buy back at RM3.10 – RM3.20 based on 21x – 21.3x PE. While there are no
changes to the fundamental of the company we think that investors would be
able to position themselves at lower levels. Technical chart formed an
inverted hammer which is an indication of an imminent reversal of the trend,
MACD is pending a death cross while the RSI lingers at the top of the
overbought band. TAKE PROFIT
(RL)
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HOVID (7213)
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07/08/2015
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RM0.485
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BUY
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RM0.555
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The weakening of the ringgit (55% rev
overseas) and favourable industry dynamics emerging in the pharmaceutical
industry could be a catalyst to drive future growth for Hovid Bhd. Meanwhile,
the completion of its new tablet and capsule production facility in the
latter part of this year will double the capacity of its existing production
facility once the two phases (June 2015 & early 2016) of this plant are
completed. Additionally, the automated plant will be a centralised warehouse
that will consolidate all its other smaller warehouses into this more
efficient. Moving forward, growth opportunities will come from the RM422bil
of prescription and pharmaceutical drug patents that are set to expire in the
next 10 years. Share price consolidated around the RM0.48 cent range as it
forms a ascending flag pattern. MACD currently consolidated on the base line.
Trading at 14.7x PE for FY16. BUY.
(RL)
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Calls for JULY WEEK 4/ AUGUST WEEK 1 2015
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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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COASTAL (5071)
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30/07/2015
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RM2.52
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ACCUMULATE
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RM3.15
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RM2.38
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-5.6%
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MALAKOFF (5264)
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30/07/2015
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RM1.66
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ACCUMULATE
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RM2.22
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RM1.67
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+0.6%
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UCHITEC (7100)
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31/07/2015
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RM1.58
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ACCUMULATE
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RM1.80
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RM1.52
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-3.8%
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MATRIX (5236)
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31/07/2015
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RM2.50
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ACCUMULATE
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RM2.80
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RM2.47
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-1.2%
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XINHWA (5267)
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03/08/2015
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RM1.28
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TRIM
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RM1.04
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RM1.24
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-3.2%
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PTARAS (9598)
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03/08/2015
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RM3.78
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ACCUMULATE
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RM4.20
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RM3.80
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+0.5%
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LUXCHEM (5143)
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04/08/2015
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RM1.16
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BUY
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RM1.35
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RM1.14
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-1.8%
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LAFMSIA (3794)
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04/08/2015
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RM9.76
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TRIM
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-
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RM9.64
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-1.2%
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SUPERMX (7106)
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05/08/2015
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RM2.46
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TAKE PROFIT
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RM2.05
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RM2.46
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0.0%
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PARAMON (1724)
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05/08/2015
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RM1.93
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ACCUMULATE
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RM2.50
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RM1.94
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+0.5%
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PERFORMANCE
ALERT
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STOCK
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Initiation
dates
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Initiation
price
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Target
Price
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Action
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Returns
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SKPETRO (5218)
|
15/04/2015
|
RM2.40
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RM2.75
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Take
profit
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14.5%
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UNISEM (5005)
|
22/04/2015
|
RM2.60
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BB
– RM2.30
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Trading
buy
|
-
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SKPRES (7155)
|
08/05/2015
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RM0.845
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RM1.10
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Take
profit
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19.5%
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TOPGLOV (7113)
|
08/06/2015
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RM5.47
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-
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Trading
Sell
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-
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KNM (7164)
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23/06/2015
|
RM0.54
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RM0.62
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Trading
Sell
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13.0%
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Performance
|
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Positive
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Negative
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Neutral
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