FLOWS
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Thursday, 25 October, 2012
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BUY
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SIME, UEMLAND, YTL
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SELL
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JCY, MAYBANK, MRCB
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Stock Alert
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STOCK
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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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DIJACOR
(5401)
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25/10/2012
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RM1.04
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Trading BUY
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RM1.20
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DIJAYA (RM1.04) – our
technical call today coincides with our Research dept initiation on this
counter with a medium target of RM1.57. The company has completed its
amalgamation exercise of its major shareholders property into the company for
RM935m which will increase the group’s landbank to 900 acres. The stock has
established a double bottom at RM1.00 and is poised to break above immediate
resistance of RM1.10 before meeting stronger resistance at RM1.20, the recent
“rights” price which was undersubscribed. Trading BUY
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MAXIS
(6012)
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25/10/2012
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RM6.89
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Buy
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RM
7.50
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Maxis (RM6.89) – Investors
continue to favour its defensive nature and high dividend payout policy. It
is already the leading player in the mobile space and has turned its
attention to fix line HSBB pricing its product below Unifi and a viable
alternative to Streamyx despite leasing the infrastructure from TM.
Looking ahead, we think that Maxis will continue its dominance in
mobile subscribers with the iphone 5 launch this 26th of October. Div yield
5.8%. Stock prices were supported strongly at RM6.85, Stochastics triggered a
buy, MACD seems to be improving, RSI only 38%. Liquidity has been picking up.
BUY. (RL)
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Calls for OCT Week 3 / Week 4
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STOCK
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Initiation Dates
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PRICE
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BUY/SELL
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TARGET
PRICE
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LAST
PRICE
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% Change since Initiated
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MAYBULK (5077)
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18/10/2012
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RM1.44
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Trading BUY
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RM1.60
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RM1.39
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-3.59%
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PADINI (7052)
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18/10/2012
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RM1.89
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Accumulate
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RM2.10
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RM1.98
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4.7%
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LIONIND (4235)
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19/10/2012
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RM1.10
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Strong BUY
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Mid
- RM1.70
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RM1.07
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0%
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FAVCO (7229)
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19/10/2012
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RM1.63
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Trading BUY
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RM1.81
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RM1.63
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0%
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SUNWAY (5211)
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22/10/2012
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RM2.32
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Trading BUY
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RM2.60
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RM2.31
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-0.4%
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HAIO (7668)
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22/10/2012
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RM2.18
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BUY
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RM2.50
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RM2.24
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2.7%
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ARMADA (5210)
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23/10/2012
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RM3.70
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BUY
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RM4.20
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RM3.70
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0.00%
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PMETAL (8869)
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23/10/2012
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RM1.75
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Trading BUY
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RM1.91
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RM1.73
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1.15%
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SCABLE (5170)
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24/10/2012
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RM1.69
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BUY
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RM2.20
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RM1.67
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1.12%
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FABER (1368)
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24/10/2012
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RM1.49
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Trading BUY
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RM1.72
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RM1.50
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0.7%
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