FLOWS
|
Monday, 11 March, 2013
|
||||||||||||
BUY
|
CIMB, SUPERMX, YTL
|
||||||||||||
SELL
|
DIALOG, IOIC
|
||||||||||||
STOCK ALERT
|
|||||||||||||
STOCK NAME
|
DATE
|
PRICE
|
BUY/SELL
|
TARGET PRICE
|
|||||||||
JCY(5161)
|
11/3/2013
|
RM0.525
|
TRIM
|
RM0.32
|
|||||||||
Group recently posted losses of RM33m. The
revenues continue to decline after the abnormal surge due to the Thai Floods
a year ago. The reduction in volume shipped and lower ASP led to a
profit decline resulting in lower yields. Without a catalyst and flattish
growth at best, the HDD sector will further slip into a commoditised item and
see margins shrink accordingly. Px has failed to break above the sma 50 @
RM0.62 and looks to be in a downward trend cycle. Trim at current levels with
a downside risk of RM0.32.
(RL)
 |
|||||||||||||
GTRONIC(7022)
|
11/3/2013
|
RM1.82
|
BUY
|
RM2.20
|
|||||||||
FY13 expected to be another record year
with full year contribution from their proximity sensor product. Price chart
currently presents an opportunity to gain position as it forms a double
bottom with a 12 cent upside to immediate target of RM1.94; MACD yet to break
above but has been creeping upwards. With growing exposure to the
smartphone/tablet market in globally and CAGR of 20%, the stock only trades
at 10x 2013 PE. Payout ratio expected to be maintained at around 80%
resulting in an attractive yield of 7-8%. BUY with a TP of RM2.20
(RL)
 |
|||||||||||||
Calls for FEB WEEK 3/4
|
|||||||||||||
STOCK
|
Initiation Dates
|
Initiation price
|
BUY/SELL
|
TARGET
PRICE
|
LAST PRICE
|
% Change since Initiated
|
|||||||
MUDAJYA(5085)
|
1/3/2013
|
RM2.45
|
ACCUMULATE
|
RM2.90
|
RM2.51
|
+2.4%
|
|||||||
GAMUDA(5398WD)
|
1/3/2013
|
RM1.10
|
BUY
|
RM1.30
|
RM1.18
|
+6.8%
|
|||||||
E&O(3417)
|
5/3/2013
|
RM1.57
|
ACCUMULATE
|
RM1.82
|
RM1.63
|
+3.7%
|
|||||||
IJMLAND(5215)
|
5/3/2013
|
RM2.15
|
BUY
|
RM2.62
|
RM2.32
|
+7.8%
|
|||||||
APM (5015)
|
6/3/2013
|
RM4.99
|
ACCUMULATE
|
RM5.50
|
RM4.96
|
-0.6%
|
|||||||
TEBRAU(1589)
|
6/3/2013
|
RM0.94
|
BUY
|
RM1.40
|
RM0.985
|
+4.6%
|
|||||||
MAS(3786)
|
7/3/2013
|
RM0.70
|
ACCUMULATE
|
RM0.785
|
RM0.705
|
-0.7%
|
|||||||
SKEPETRO(5218)
|
7/3/2013
|
RM2.98
|
BUY
|
RM3.22
|
RM2.99
|
+0.3%
|
|||||||
SUPERMX(7106)
|
8/3/2013
|
RM1.91
|
ACCUMULATE
|
RM2.20
|
RM1.90
|
-0.5%
|
|||||||
SENDAI(5205)
|
8/3/2013
|
RM1.12
|
BUY
|
RM1.40
|
RM1.14
|
+1.8%
|
|||||||