FLOWS;
BUYS: Maxis,
Mudajaya, PBBank-01
SELLS: UMW,
SapCres, PChem
Technical Stock Alert;
1) PERISAI (RM0.895) - price has recovered after earlier rumours of another cash call. Possible a reversed head & shoulder pattern if it clears the RM0.92 level. 0.14 sen up side target to RM1.06 (Trading buy).
2) TIMECOM (RM0.715) -
MACD exhibiting signs of cutting upwards with RSI recovering from a low of 37 to 57 currently. Its
price is retesting the SMA 50 levels of RM0.725 and could immediately revisit
the double top target of RM0.775. Its remaining 3.5% in DIGI is worth RM1bn vs
existing market cap of RM1.8bn and completion in the 2H of the new companies
which will give it a regional presence with earnings enhancement. Trading Buy