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FLOWS
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Wednesday, 10 July 2013
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BUY
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MRCB, TM, PBBANK
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SELL
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TM, GENTING, DIGI
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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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POS(4634)
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10/7/2013
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RM4.80
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ACCUMULATE
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RM5.50
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stk has eased back to 10, 50D
SMA support lvl after forming a double top at RM5. MACD flattening out with
signs of cutting upwards. Co has been undergoing vast transformation under
new s/h DRB with 32.2% stake as it diversifies its dwindling earnings base
from conventional mail segment into retail segment (ie pawn broking) and
courier/POS Laju services. Further clarification on its strategically
situated land in Brickfields for development purposes could further enhance
its earnings base. Co also has a stong B/S backed by cash pile of RM500m,
retained earnings of RM212m with generous dividend policy ie DPR of 50%
earnings. Also possible special dividend in offing by end 2013 as it is
sitting on RM70.8m under s108 tax credits which translates to an attractive
13c special div potential. Accumulate
(LJN)
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TMCLIFE(0101)
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10/7/2013
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RM0.395
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BUY
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RM0.50
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stk has been trading in a tight
rangebound pattern of 38c to 42c as it awaits catalyst to break higher.
Currently converging at the 10, 50D SMA support lvl with MACD flattening out.
Co has finally managed to turn around its loss making Tropicana Medical
Centre after suffering start up costs as it pares down debts and dispose off
non-core assets. Attractive lvls to start accumulating as it is still way
below breakeven cost lvl of major s/hs: Peter Lim and Berjaya Group of 45c
lvl. Also do not discount possibility of G2G M&A or privatization rumours
which surfaces occasionally.
(LJN)
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Calls for JULY week 1 / week
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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YTL(4677)
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3/7/2013
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RM1.64
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ACCUMULATE
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RM2.00
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RM1.62
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-1.2%
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INTEGRAX (9555)
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3/7/2013
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RM1.64
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BUY
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RM2.00
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RM1.80
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+9.7%
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MRCB(1651)
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4/7/2013
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RM1.53
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ACCUMULATE
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RM1.80
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RM1.57
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+2.6%
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KPJ(5878)
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4/7/2013
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RM6.78
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SELL
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RM6.11
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RM6.50
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-4.2%
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ILB (5614)
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5/7/2013
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RM1.44
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BUY
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RM1.80
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RM1.41
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-2.1%
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SCOMIES(7045)
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5/7/2013
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RM0.78
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Take
Profit into Strength
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RM0.66
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RM0.84
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+6.3%
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PADINI(7052)
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8/7/2013
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RM1.89
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ACCUMULATE
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RM2.20
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RM1.89
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0.0%
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IJMLAND(5215)
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8/7/2013
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RM2.85
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ACCUMULATE
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RM3.30
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RM2.87
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+0.7%
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FITTERS (9318)
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9/7/2013
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RM0.745
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ACCUMULATE
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RM1.15
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RM0.74
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-0.7%
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OLDTOWN (5201)
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9/7/2013
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RM2.75
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BUY on weakness
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RM3.40
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RM2.80
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+1.8%
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