Wednesday, May 22, 2013

Morning Call | 22 May 2013


FLOWS
Wednesday, 22 May, 2013
BUY
GAMUDA, GENM TM
SELL
MAXIS, MAYBANK, FABER
STOCK ALERT
STOCK NAME
DATE
PRICE
BUY/SELL
TARGET PRICE
KUB(6874)
22/5/2013
RM0.48
Trading BUY
RM0.70
This quasi GLC has halved in value since peaking in early 2012 to touch an all time low of 35c. Stk is still languishing near its trough but vol has started to pick up as co is proposing to buy back 10% of PUC. Tehcnically not overstretched as RSI is at 65. This stk is on the mend as it has streamlined its fast food biz (owns 45% A&W) in Msia and Thai and will be supported by Govt related contracts. Earlier in the year co managed to secure RM11m contract from Home Ministry as well as RM16.5m contract from TM. Co is also in midst of awaiting for Govt decision on its proposal for intracity commuter train service within IDR. Having MoF as a 22% s/h will benefit co in garnering more Govt related contracts-trading buy
(LJN)
 

HUBLINE(7013)
22/5/2013
RM0.065
Trading BUY
RM0.10
An ultimate laggard in this mkt, stk is still languishing near its all-time low of RM0.04 with RSI at 59 even as smaller vessel rates have bottomed and is showing signs of a turn. Vol has picked up in last 4 days further indicating signs of accumulation at such depressed lvls. Trades at a substantial disc to BV of RM.022 ie mere P:B of 0.3x-trading buy
(LJN)
 
Calls for MAY Week 2/ Week 3
STOCK
Initiation Dates
Initiation price
BUY/SELL
TARGET PRICE
LAST PRICE
% Change since Initiated
TAANN(5012)
14/5/2013
RM3.52
BUY
RM4.03
RM3.68
+4.5%
YTLPOWR(6742)
14/5/2013
RM1.55
ACCUMULATE
RM1.85
RM1.53
-1.3%
MHB(5186)
15/5/2013
RM3.82
BUY
RM4.50
RM3.69
-3.5%
KKB(9466)
15/5/2013
RM1.73
ACCUMULATE
RM2.50
RM1.93
+11.5%
BONIA(9288)
16/5/2013
RM2.06
BUY
RM2.60
RM1.99
-3.4%
HLI(3301)
16/5/2013
RM4.40
BUY
RM5.20
RM4.41
+0.2%
IOICORP(1961)
17/5/2013
RM5.07
BUY
RM5.38
RM5.35
+5.5%
MAYBANK (1155)
17/5/2013
RM10.00
Accumulate On Weakness
RM10.40
RM10.22
+2.2%
TRC(5054)
21/5/2013
RM0.62
ACCUMULATE on Weakness
RM0.80
RM0.645
+4.0%
UEMLAND(5148)
21/5/2013
RM3.51
Take Profit
RM2.70
RM3.46
-1.5%