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FLOWS
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Thursday, September 03, 2015
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BUY
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SKPETRO,
CIMB,
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SELL
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GENM, FGV,
TM
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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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AIRPORT (5014)
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03/09/2015
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RM5.00
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TRADING BUY
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RM5.00
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Share price has fallen close to 27% in 1
month and is showing sign of collection around the RM4.30-40 lvl with RSI
oversold at 25% and daily MACD cut up. Recent share price weakness was partly
due to its weaker earnings and lawsuit from Airasia. However we see limited
downside given the strong holdings from GLCs. Key catalyst include tariff
increase in KLIA2 which continue over from LCCT and an indirect beneficiary
of the cheaper MYR & the govt's effort to promote tourism. Trading Buy
with TP: RM5.00
(TYK)
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BJFOOD (5196)
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03/09/2015
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RM2.10
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SELL into STR
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RM1.65
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Since the announcement to fully consolidate
Starbucks Msia into BJFOOD in sept’2014 share price has performed extremely
well, trading at PE peaks of 33x. However growth has since moderated w SSSG
contracting for the past 2 quarters. Given the weak consumer demand we
believe SSSG is expected to remain sluggish. Furthermore company’s cost of
sales is impacted by the strength in USD. We advocate a Sell into Strength w
buyback level of RM1.65 (15xAprFY16 PER).
(TYK)
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Calls for AUGUST WEEK 4 SEPT WEEK 1 2015
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STOCK
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Initiation Dates
|
Initiation price
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BUY/SELL
|
TARGET PRICE
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LAST PRICE
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% Change since Initiated
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AXIATA (6888)
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26/08/2015
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RM6.12
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TAKE PROFIT
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-
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RM5.91
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-3.5%
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SIGN (7246)
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26/08/2015
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RM1.90
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BUY on weakness
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RM2.60
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RM1.89
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+0.6%
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MALAKOFF(5264)
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27/08/2015
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RM1.29
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Trading BUY
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RM1.66
|
RM1.48
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+14.7%
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PADINI (7052)
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27/08/2015
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RM1.32
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TRIM
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RM1.14
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RM1.37
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+3.7%
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PRESBHD(5204)
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28/08/2015
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RM1.75
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BUY
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RM2.10
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RM1.65
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-5.8%
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HEVEA (5095)
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28/08/2015
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RM0.935
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BUY
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RM1.17
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RM0.96
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+2.6%
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WPRTS (5246)
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01/09/2015
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RM4.20
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SELL into STR
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RM3.70
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RM4.20
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0.0%
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SASBADI (5252)
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01/09/2015
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RM2.25
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ACCUMULATE
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RM1.17
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RM2.20
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-2.3%
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CARING (5245)
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02/09/2015
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RM1.33
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TRIM
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BB - RM1.15
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RM1.40
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-5.2%
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SUPERMX(7106)
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02/09/2015
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RM2.09
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ACCUMULATE
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RM2.60
|
RM2.07
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-1.0%
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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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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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XINHWA (5267)
|
03/08/2015
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RM1.03
|
1.20
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Buy
Back
|
-
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KAREX (5247)
|
07/08/2015
|
RM3.10
|
RM3.80
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Buy
Back
|
-
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Performance
|
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Positive
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Negative
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Neutral
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