FLOWS
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Monday ,18 February, 2013
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BUY
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GAMUDA, DIALOG
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SELL
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GENTING, GENM, CIMB,
AXIATA
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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
|
TARGET PRICE
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DIALOG(7277)
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18/2/2013
|
RM2.35
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BUY
|
RM2.80
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Dialog(RM2.35) –back to the lower end of its
trading range of RM2.30-2.55 with MACD way oversold and RSI 40. Fundamentally
will continue to see improvement from maiden contributions from its Ph 1
Pengerang proj (land reclamation works and construction of tanks) in addition
to the Balai marginal field RSC with its ptnrs Roc Oil and Petronas as well
as additional 2-3 small field RSCs to expand recurring income. Accumulate at
current lvls which coincides with the 200D SMA. (LJN)
 |
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CYPARK (5184)
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18/2/2013
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RM1.53
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BUY
|
RM1.80
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Cypark (RM1.53) –share price has retraced
from high of RM1.82 back to support lvl of RM1.50, forming a head and
shoulder neckline here. MACD is way oversold with RSI at 36. Upcoming qtrly
results will continue to see growth as RE electricity sales gain traction as
evident in last quarter’s rslts. Co is in negotiations to sign a 25yr
concession for biogass and biomass in N9 which will add another 20MW capacity
to further boost future earnings. In addition, its 8MW in Pajam is expected
to reach 60MW capacity by end of 2013. Increasing gas prices will also be a
boon for RE sales in future. Trades at PER ’13 mere 4x as earnings expected
to see a boost from its RE parks-accumulate.
(LJN)
 |
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Calls for JAN WEEK 4 / FEB
WEEK 3
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STOCK
|
Initiation Dates
|
Initiation price
|
BUY/SELL
|
TARGET
PRICE
|
LAST PRICE
|
% Change since Initiated
|
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GASMSIA(5209)
|
25/1/2013
|
RM2.62
|
DEFENSIVE ACCUMULATE
|
RM2.53
>
|
RM2.69
|
+2.67%
|
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PMETAL (8869)
|
25/1/2013
|
RM1.87
|
ACCUMULATE on
weakness
|
RM1.87
>
|
RM1.80
|
-3.74%
|
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AIRASIA (5099)
|
30/1/2013
|
RM2.78
|
BUY
|
RM3.40
|
RM2.70
|
-2.87%
|
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WCT (9679)
|
30/1/2013
|
RM2.26
|
Long Term BUY
|
RM2.90
|
RM2.24
|
-0.88%
|
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KLK (2445)
|
31/1/2013
|
RM21.74
|
SELL
|
RM20.50
|
RM21.50
|
-1.1%
|
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ALAM (5115)
|
31/1/2013
|
RM0.84
|
Trading SELL
|
RM0.65-70
|
RM0.805
|
-4.1%
|
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P&O(6009)
|
4/2/2013
|
RM1.26
|
BUY
|
RM1.80
|
RM1.33
|
+5.55%
|
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HUAYANG (5062)
|
4/2/2013
|
RM1.60
|
BUY
|
RM2.60
|
RM1.59
|
-0.6%
|
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TOPGLOV(7113)
|
6/2/2013
|
RM5.50
|
SELL
|
RM4.80
|
RM5.50
|
+0.00%
|
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GENM (4715)
|
6/2/2013
|
RM3.77
|
Trading SELL
|
RM3.40
|
RM3.70
|
-0.18%
|
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Monday, February 18, 2013
Morning Call | 18 Feb 2013
News Bits | 18 Feb 2013
IDEAS OF THE DAY (SEE SEPARATE REPORTS FOR DETAILS)
l
Quick
Bites: WASEONG
l
On
Our Portfolio: In a range-bound mode
NEWS HIGHLIGHTS
l
P&O
to use RM37.0m from insurance unit sale to pay special dividends
l
Terberg-Sime
JV wins tractor contract
l
Lingui
posts loss on changes at associate firm
l
Metronic’s
MiCare to sell for RM10.2m
l
Azim,
allies set to get Patimas board seats
l
Azizul
Rahman backs listing of TerraGali
FOREIGN NEWS HIGHLIGHTS
l
GM
paid USD119.0m for 1.0% stake in China
l
Natixis
plans EUR2.0b payout after stake sale
ECONOMIC
NEWS HIGHLIGHTS (MACRO BITS)
Global
l G20 Vows To Combat Corporate Tax Avoidance
l
China
l
Industrial
Production Drops 0.1% On Weak Manufacturing
l
Bernanke
Says Economy Far From Recovering Full Strength
l
Jamaica
l
Euro
Zone Dec Trade Surplus Rises As Imports Sink
l
UK
l
Spanish,
Italian Bonds Gain As Sales Allay Funding Fears
Currencies
l
Dollar
Gains As Yen Weakens With Focus On G-20
Commodities
l
Oil
Sinks, Brent Headed For First Weekly Loss Since Jan
l
Gold
Drops Over 3.7% In Week On Technical Selling
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