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FLOWS
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Wednesday, 31 July 2013
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BUY
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CIMB, MAYBANK
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SELL
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TENAGA, DIALOG, MISC
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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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SENDAI (5205)
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31/7/2013
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RM1.56
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Trading BUY
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RM1.75
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Structural steel specialist which is well positioned
to take advantage of recent Govt initiative to build more power plants in
country. In addition it is stepping up efforts to increase its presence in
M.East for the infrastructure boom there (tendering for
(LJN)
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TEBRAU (1589)
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31/7/2013
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RM1.36
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Trading BUY
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RM1.70
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After peaking at RM1.77, stk has retraced 22% to
current support lvl of RM1.35 as it forms the right shoulder to the head and
shoulder pattern with RSI neutral at 43. Stk has fallen in line with property
sector profit taking. This co is a good proxy to the eventual listing of its
parent-IWH. Tebrau owns 1008ac of land in Tebrau area with impending launches
of The Botanica @ Bayu Puteri with GDV RM488m. Another rerating catalyst is
the possible formation of JVs with other prominent developers to enhance its
value of landbanks or possible land sale. Trading buy
(LJN)
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Calls for JULY week 3 / week
4
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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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PUNCAK (6807)
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24/7/2013
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RM2.48
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BUY
on weakness
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RM3.50
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RM2.46
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-0.9%
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DRBHCOM (1619)
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24/7/2013
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RM2.70
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BUY
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RM3.30
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RM2.63
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-2.6%
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AMBANK (1015)
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25/7/2013
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RM8.02
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SELL
into strength
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RM7.40
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RM7.94
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-1.0%
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COASTAL (5071)
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25/7/2013
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RM2.53
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BUY
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RM3.36
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RM2.81
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+11.0%
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GENP(2291)
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26/7/2013
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RM10.00
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TAKE PROFIT
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-
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RM9.88
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-1.2%
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UZMA(7250)
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26/7/2013
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RM4.00
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TAKE PROFIT
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-
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RM3.98
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-0.5%
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MAHSING (8583)
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29/7/2013
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RM2.51
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ACCUMULATE
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RM3.10
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RM2.48
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+1.2%
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QL(7084)
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29/7/2013
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RM3.60
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Trading SELL
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RM3.30
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RM3.53
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-2.0%
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GADANG (9261)
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30/7/2013
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RM0.92
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BUY
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RM1.20
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RM0.945
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+2.7%
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PERISAI(0047)
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30/7/2013
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RM1.56
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ACCUMULATE
on weakness
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RM2.00
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RM1.54
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-1.3%
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We’ve added an extra feature (first column from right) to indicate our
recommendation for our call.
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HOLD
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CONT SELL
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SELL/ TAKE PROFIT
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CONT BUY
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STRONG BUY
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