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FLOWS
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Tuesday, 22 January, 2013
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BUY
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UMW, IOI, DRBHCOM
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SELL
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TENAGA, MAXIS, CIMB
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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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GENTING (3182)
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22/1/2013
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RM9.58
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SELL
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RM8.57
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Genting (RM9.58) – in light of
yesterday’s mkt selldown on fears of looming dissolution of Parliament/GE13,
this stock has merely retraced 2% from its recent
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YINSON (7293)
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22/1/2013
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RM2.13
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ACCUMULATE
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RM2.70
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Yinson (RM2.13) – stk was sold
down 9% (worst hit in o&G sector) after holding steadily above RM2.30 the
past month. This selldown provides a good opportunity to accumulate ahead of
rerating potential in OSV segment. Trades at attractive PER’13 12x with
expectations for doubling up on earnings in FY15 upon delivery of FPSO in
2014 and contributions from FSO to come in later in 2013. Accumulate.
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Calls for JAN WEEK 2/WEEK 3
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STOCK
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Initiation Dates
|
Initiation 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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HLIND (3301)
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15/1/2013
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RM4.53
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ACCUMULATE
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RM5.20
|
RM4.41
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-2.7%
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BSTEAD (2771)
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15/1/2013
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RM4.95
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ACCUMULATE
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RM5.50
|
RM4.90
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-1.1%
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COASTAL (5071)
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16/1/2013
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RM2.03
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BUY
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RM2.40
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RM2.00
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+1.0%
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SPSETIA (2771)
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16/1/2013
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RM3.20
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BUY
|
RM3.70
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RM3.08
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-3.9%
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ARMADA (5210)
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17/1/2013
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RM3.81
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ACCUMULATE
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RM4.12
|
RM3.80
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-0.25%
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MALTON (6181)
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17/1/2013
|
RM0.535
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Trading BUY
|
RM0.62
|
RM0.510
|
-2.4%
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KNM (7164)
|
18/1/2013
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RM0.525
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Trading BUY
|
RM0.66
|
RM0.495
|
-6.0%
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SENDAI (5205)
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18/1/2013
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RM1.27
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ACCUMULATE
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RM1.87
|
RM1.22
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-4.1%
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YTL (4677)
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21/1/2013
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RM1.80
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BUY on weakness
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RM2.00
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RM1.76
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-2.2%
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FITTERS (9318)
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21/1/2013
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RM0.63
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ACCUMULATE
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RM0.84
|
RM0.61
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-3.2%
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