|
FLOWS
|
Tuesday,
18 September, 2012
|
|||
|
BUY
|
MAYBANK,
AMBANK, AXIATA
|
|||
|
SELL
|
DIALOG,
GENM, TM, GENTING
|
|||
|
SELL
|
DIALOG, GENM, TM, GENTING
|
|||
|
Stock Alert
|
||||
|
STOCK
|
DATE
|
PRICE
|
BUY/SELL
|
TARGET PRICE
|
|
BENALEC
(5190)
|
18/9/2012
|
RM1.12
|
Trading BUY
|
RM1.25
|
|
Share price has been consolidating near lows at the RM1.12-1.13
level and recently dipped to a low of RM1.10. Recently co said it is in
negotiation with several foreign tank farm operators to sell its 1st
reclaimed parcel of land of 250acre. Co is confident of closing the deal within
next few months providing best opportunity to accumulate now backed by major
s/h accumulating stock at current levels too. Also, co will commence
reclamation works at Tanjung Piai in 2H13 (awarded reclamation rights for
3485 acres in Tanjung Piai). Further rerating catalyst should co be awarded
more reclamation jobs in Melaka, Penang and
|
||||
|
GAMUDA
(5398)
|
18/9/2012
|
RM3.40
|
BUY
|
RM3.80
|
|
Stock
is still hovering around its lows confirming it as underperforming big cap
construction name recently on worries of impending GE13 which may jeopardize
contract awards to co. MACD is starting to cut upwards indicating possible
breakout should stock price climb above its 200D SMA once it clears RM2.45
level. This weakness is best opportunity to buy as it hovers around its
support level of RM2.38. Sitting on OB of RM5.5bn (RM4.4bn from recently
awarded MRT tunneling project) with another RM8bn contract expected from
Gemas-JB double tracking project and more MRT awards in offing, trades at
lower end of PER band of 13x v leader IJM's 17x-
|
||||
|
SELL
|
DIALOG, GENM, TM, GENTING
|
|||
|
Calls for Sept Week 2/Week 3
|
||||
|
STOCK
|
DATE
|
PRICE
|
BUY/SELL
|
TARGET PRICE
|
|
GTRONICS
(7022)
|
10/9/2012
|
RM1.45
|
Trading BUY
|
RM1.60
|
|
ALAM
(5115)
|
10/9/2012
|
RM0.51
|
BUY
|
RM0.56
|
|
TENAGA
(5347)
|
11/9/2012
|
RM6.75
|
BUY on weakness
|
RM7.00
|
|
FGV
(5222)
|
11/9/2012
|
RM4.69
|
BUY on weakness
|
RM5.00
|
|
CIMB
(1023)
|
12/9/2012
|
RM7.17
|
Accumulate
|
RM7.47
|
|
SPSETIA
(8664)
|
12/9/2012
|
RM3.57
|
BUY
|
RM 3.86
|
|
JCY
(5161)
|
13/9/2012
|
RM0.97
|
Trading BUY
|
RM1.20
|
|
UEMLAND
(5148)
|
13/9/2012
|
RM1.64
|
Trading BUY
|
RM1.84
|
|
PERISAI
(0047)
|
14/9/2012
|
RM0.90
|
BUY
|
RM0.95
|
|
TIMECOM
(5031)
|
14/9/2012
|
RM3.28
|
BUY
|
RM3.55
|
FLOWS
|
Tuesday,
18 September, 2012
|
BUY
|
MAYBANK,
AMBANK, AXIATA
|
SELL
|
DIALOG,
GENM, TM, GENTING
|
Stock Alert
|
||||
STOCK
|
DATE
|
PRICE
|
BUY/SELL
|
TARGET PRICE
|
BENALEC
(5190)
|
18/9/2012
|
RM1.12
|
Trading BUY
|
RM1.25
|
Share price has been consolidating near lows at the RM1.12-1.13
level and recently dipped to a low of RM1.10. Recently co said it is in
negotiation with several foreign tank farm operators to sell its 1st
reclaimed parcel of land of 250acre. Co is confident of closing the deal
within next few months providing best opportunity to accumulate now backed by
major s/h accumulating stock at current levels too. Also, co will
commence reclamation works at Tanjung Piai in 2H13 (awarded reclamation
rights for 3485 acres in Tanjung Piai). Further rerating catalyst should co
be awarded more reclamation jobs in Melaka, Penang and Singapore. Share price
trades at a reasonable 8xPE, MACD turning upwards
|
||||
GAMUDA
(5398)
|
18/9/2012
|
RM3.40
|
BUY
|
RM3.80
|
Stock
is still hovering around its lows confirming it as underperforming big cap
construction name recently on worries of impending GE13 which may jeopardize
contract awards to co. MACD is starting to cut upwards indicating possible
breakout should stock price climb above its 200D SMA once it clears RM2.45
level. This weakness is best opportunity to buy as it hovers around its
support level of RM2.38. Sitting on OB of RM5.5bn (RM4.4bn from recently
awarded MRT tunneling project) with another RM8bn contract expected from
Gemas-JB double tracking project and more MRT awards in offing, trades at
lower end of PER band of 13x v leader IJM's 17x-
|
||||
Calls for Sept Week 2/Week 3
|
||||
STOCK
|
DATE
|
PRICE
|
BUY/SELL
|
TARGET PRICE
|
GTRONICS
(7022)
|
10/9/2012
|
RM1.45
|
Trading BUY
|
RM1.60
|
ALAM
(5115)
|
10/9/2012
|
RM0.51
|
BUY
|
RM0.56
|
TENAGA
(5347)
|
11/9/2012
|
RM6.75
|
BUY on weakness
|
RM7.00
|
FGV
(5222)
|
11/9/2012
|
RM4.69
|
BUY on weakness
|
RM5.00
|
CIMB
(1023)
|
12/9/2012
|
RM7.17
|
Accumulate
|
RM7.47
|
SPSETIA
(8664)
|
12/9/2012
|
RM3.57
|
BUY
|
RM 3.86
|
JCY
(5161)
|
13/9/2012
|
RM0.97
|
Trading BUY
|
RM1.20
|
UEMLAND
(5148)
|
13/9/2012
|
RM1.64
|
Trading BUY
|
RM1.84
|
PERISAI
(0047)
|
14/9/2012
|
RM0.90
|
BUY
|
RM0.95
|
TIMECOM
(5031)
|
14/9/2012
|
RM3.28
|
BUY
|
RM3.55
|
