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FLOWS
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Wednesday, 12 June, 2013
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BUY
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FGV, Armada
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SELL
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MISC, GenM, SKPetro
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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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TM(4863)
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12/6/2013
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RM5.45
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ACCUMULATE
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RM6.00
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after
the recent spike to RM5.80, stk is consolidating around the RM5.40-50 lvls on
absence of catalyst, dragged lower by its slower Unifi subscriber growth.
However, imminent +ves include the proposed access pricing review by MCMC as
well as another capital management plan. Given TM’s declining capex trend and
cashpile of RM2.7bn, expectations for a special div will provide support for
this stk. Technically attractive as
MACD which is oversold is starting to cut up with RSI 52. Trades at PER 15x,
yields decent 4%. Accumulate. (LJN)
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DSONIC(5216)
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12/6/2013
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RM3.16
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SELL into Strength
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RM2.50
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stk climbed another 2% yesterday making a
new high of RM3.28 resulting in gains of a good 50% from the recent RM2.20
consolidation lvl following its 2 +ve announcements of RM18.7m MyKad contract
from Home Min and its MoU for potential JV with Republic of Sudan. Believe stk rise over
the past 2 wks is excessive and advise to take profit on continued strength
as technically looks very stretched with MACD severely overbought and RSI at
a high 92. Directors have also begun selling in the market as very attractive
gains since its IPO of RM2. Trades at P:B 2.6x - Sell into strength. (LJN)
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Calls for JUNE Week 1 &2
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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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SCABLE(5170)
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4/6/2013
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RM1.82
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ACCUMULATE
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RM2.20
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RM1.94
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+6.6%
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HSL(6238)
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4/6/2013
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RM1.98
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BUY on weakness
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RM2.20
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RM2.01(EX
0.08)
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+5.5%
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TA(4898)
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6/6/2013
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RM0.585
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BUY
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RM0.85
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RM0.59
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+0.85%
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COASTAL(5071)
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6/6/2013
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RM2.28
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BUY
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RM2.60
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RM2.18
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-4.4%
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CMSB(2852)
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7/6/2013
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RM5.11
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BUY
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RM6.10
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RM5.90
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+15.5%
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PENERGY(5133)
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7/6/2013
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RM1.92
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ACCUMULATE
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RM2.23
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RM2.14
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+11.5%
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PMETAL(8869)
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10/6/2013
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RM2.57
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ACCUMULATE
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RM3.00
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RM2.54
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-1.2%
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MUHIBAH(5703)
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10/6/2013
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RM1.43
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BUY
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RM2.09
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RM1.42
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-0.7%
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PARKSON(5657)
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11/6/2013
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RM3.80
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ACCUMULATE
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RM4.45
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RM3.79
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-0.3%
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QL(7084)
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11/6/2013
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RM3.29
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Trading BUY
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RM3.59
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RM3.30
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+0.3%
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