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FLOWS
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Wednesday, 9 Jan 2013
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BUY
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AIRASIA, DIALOG,
GENM
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SELL
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MAS, MPHB, MAHSING
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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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UOADEV (5200)
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9/1/2013
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RM1.77
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BUY
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RM2.70
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Undervalued big cap property name trading at
only 6.4xFY13PE with attractive dividend yield of 6.6%. Earnings will be
supported by estimated total sales of RM1.5bn for FY12 with targeted launches
of RM3bn for next 12-18months. UOADEV has diversified its landbank from just
Bangsar South with futures launches including Kencana Square@Glenmarie, Desa
III, Desa II Phase 1 (Commercial), Desa Green and Kerinchi SoHo. Company is
sitting on a net cash position of RM270mil giving them ample room to
leverage. TP: RM2.70 (10xFY13PE)
(TYK)
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MUDAJYA (5085)
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9/1/2013
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RM2.69
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BUY
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RM3.64
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Signing of the Indian IPP's FSA remain the
key as share price has been trading range bound of RM2.40-2.80 since Apr’12.
Earnings will be supported by RM2.5bn in orderbook which 80% is local jobs
such as Tanjung Bin power plant (RM800mil) and MRT Package V3 elevated track
(RM816mil). Remains in the hunt for
(TYK)
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Calls for DEC WEEK 4/ JAN
WEEK 1
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STOCK
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Initiation Dates
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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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STAR (6084)
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2/1/2013
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RM2.58
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BUY
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RM3.00
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RM2.65
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+2.65%
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BENALEC (5190)
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2/1/2013
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RM1.39
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BUY
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RM1.60
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RM1.38
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+0.3%
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GENTING (3182)
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3/1/2013
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RM9.29
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BUY
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RM9.82
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RM9.70
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+4.4%
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IJM (3336)
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3/1/2013
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RM5.05
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Trading BUY
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RM5.40
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RM5.20
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+2.9%
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MBMR (5983)
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4/1/2013
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RM3.37
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Accumulate
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RM4.00
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RM3.34
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+0.08%
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PERDANA (7108)
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4/1/2013
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RM1.13
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Trading BUY
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RM1.30
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RM1.17
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+4.0%
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RHBCAP(1066)
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7/1/2013
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RM7.77
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BUY
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RM8.40
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RM7.85
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+1.0%
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TIMECOM (5031)
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7/1/2013
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RM3.96
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BUY
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RM4.32
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RM4.03
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+1.75%
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PENERGY (5133)
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8/1/2013
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RM1.60
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ACCUMULATE
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RM2.00
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RM1.61
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+0.6%
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SUNWAY (5211)
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8/1/2013
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RM2.43
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BUY
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RM3.00
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RM2.43
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+0.0%
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