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FLOWS
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Thursday, 17 September, 2015
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BUY
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CIMB, IHH,
IOICORP
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SELL
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GENM, MISC
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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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IKHMAS (5268)
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17/09/2015
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RM0.645
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BUY
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RM0.75
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Stock has consolidated ard the 63c-66c levels after
rebounding from a listing low of 54c. Trading at low PE multiples of 6.3x
current yr and 5.7x fwd vs peers at fwd PE of 7.5x. A rerating that would
help push above the 66c resistance could come in the form of contract wins as
the company has a tender book of RM3bn and has guided for significant order
book replenishment of its existing RM300m. Buy with a ST target of 75c.
(DN)
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EDGENTA (1368)
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17/09/2015
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RM3.30
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ACCUMULATE
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RM3.68
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Stable recurring income and growth potential from
its consultancy arm that has a global presence. Immediate catalysts include:
1) upcoming highway projects in Malaysia and Indonesia leveraging on its
parent-co (UEM), 2) utilities relocation works for MRT2 & LRT3. Company
is a net beneficiary of the weak RM thru their o/s operations. Trades at just 11.8x FY16 PER backed by an
attractive 5.1% dividend yield Accumulate with a resistance of RM3.68
immediately.
(DN)
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Calls for SEPT WEEK 1 WEEK 2 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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MMSV (0113)
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09/09/2015
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RM0.65
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BUY
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RM0.75
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RM0.655
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+0.8%
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GHLSYS (0021)
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09/09/2015
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RM1.00
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SELL into STR
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-
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RM0.99
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-1.0%
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WCT (9679)
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10/09/2015
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RM1.26
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BUY on weakness
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RM1.46
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RM1.33
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+5.5%
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PCHEM (5183)
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10/09/2015
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RM6.04
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TRIM
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-
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RM6.24
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+3.3%
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TNLOGIS (8397)
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11/09/2015
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RM1.02
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BUY on weakness
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RM1.16
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RM1.06
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+3.9%
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MATRIX (5236)
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11/09/2015
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RM2.30
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BUY
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RM2.80
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RM2.27
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-1.3%
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PENERGY (5133)
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14/09/2015
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RM1.03
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ACCUMULATE
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RM1.33
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RM1.06
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+2.9%
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UNISEM (5005)
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14/09/2015
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RM1.89
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Trading BUY
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RM2.26
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RM1.91
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+1.0%
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SLP (7248)
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15/09/2015
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RM1.63
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SELL into STR
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RM1.40
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RM1.61
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-1.2%
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IJM (3336)
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15/09/2015
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RM3.18
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ACCUMULATE
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RM3.70
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RM3.31
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+4.0%
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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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Performance
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Positive
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Negative
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Neutral
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