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FLOWS
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Monday, 28 September, 2015
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BUY
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CIMB, UEMS
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SELL
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MAXIS,
PCHEM
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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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UMWOG (5243)
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28/09/2015
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RM1.30
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TRIM
|
1.05
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Stock
has benefited (+23%) from the recent run up in GLC names after the Govt
announced its intention to buy back undervalued names. However its
fundamentals does not reflect this change in price as qtrly numbers will
continue to be hit by higher operating expense and increased depreciation and
interest expense. With challenging regional Jack Up rig outlook and possible
downward revision for its forward numbers, we feel this rally is
unsustainable as it has not been able to maintain above the SMA 50 currently
RM1.23 since Mar 2015. Trim with a buy back target of RM1.05. (DN)
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MMC (2194)
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28/09/2015
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RM2.015
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SELL
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RM1.80
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MMC (2.15) – Deep value
conglomerate which may find current conditions difficult to further monetize
assets under the holding company. The relisting of Malakoff this year has
helped reduced gearing however outstanding debt remains a whopping RM7.08bn.
The price bounced from a recent low of RM1.64 and should meet resistance
around the RM2.20. Sell with a buy back level target of RM1.80 (DN)
 |
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Calls for SEPT WEEK 3 /WEEK 4 2015
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STOCK
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Initiation Dates
|
Initiation price
|
BUY/SELL
|
TARGET PRICE
|
LAST PRICE
|
% Change since Initiated
|
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AFG (2488)
|
18/09/2015
|
RM3.48
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ACCUMULATE
|
RM3.90
|
RM3.37
|
-3.2%
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MAXIS (6012)
|
18/09/2015
|
RM6.76
|
SELL into STR
|
-
|
RM6.45
|
-4.6%
|
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UZMA (7250)
|
21/09/2015
|
RM2.07
|
Trading SELL
|
BB -RM1.72
|
RM1.98
|
-4.3%
|
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SENDAI (5205)
|
21/09/2015
|
RM0.80
|
ACCUMULATE
|
RM1.00
|
RM0.77
|
-3.8%
|
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HOHUP (5169)
|
22/09/2015
|
RM0.93
|
ACCUMULATE
|
RM1.37
|
RM0.90
|
-3.2%
|
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AIRPORT (5014)
|
22/09/2015
|
RM5.38
|
TRIM
|
RM1.00
|
RM5.14
|
-4.5%
|
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GENP (2291)
|
23/09/2015
|
RM10.18
|
TRIM
|
-
|
RM9.85
|
-3.2%
|
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NAIM (5073)
|
23/09/2015
|
RM2.23
|
BUY
|
RM2.80
|
RM2.18
|
-2.2%
|
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IOIPG (5249)
|
25/09/2015
|
RM1.89
|
SELL
|
1.60
|
RM1.94
|
+2.6%
|
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QL (7084)
|
25/09/2015
|
RM4.01
|
TRIM
|
-
|
RM4.13
|
+3.0%
|
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PERFORMANCE
ALERT
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|
STOCK
|
Initiation dates
|
Initiation price
|
Target Price
|
Action
|
Returns
|
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SASBADI (5252)
|
01/09/2015
|
RM2.25
|
RM2.65
|
Take Profit
|
+17.7%
|
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AIRPORT (5014)
|
03/09/2015
|
RM4.41
|
RM5.58
|
Take Profit
|
+25.6%
|
|
UZMA (7250)
|
04/09/2015
|
RM1.73
|
RM2.00
|
Take Profit
|
+15.6%
|
|
Performance
|
|
|
Positive
|
|
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Negative
|
|
|
Neutral
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|
