|
FLOWS
|
Tuesday, 3 September, 2013
|
||||||||||||
|
BUY
|
CIMB, TM
|
||||||||||||
|
SELL
|
TENAGA,
GAMUDA, AXIATA
|
||||||||||||
|
STOCK ALERT
|
|||||||||||||
|
STOCK NAME
|
DATE
|
PRICE
|
BUY/SELL
|
TARGET PRICE
|
|||||||||
|
DAYANG (5141)
|
3/9/2013
|
RM4.42
|
BUY
|
RM5.40
|
|||||||||
|
Among
cheapest O&G player at only 9.8xFY14 PER. Dayang has clear earning visibility
for the next 5 years with orderbook of RM4bn. Moving forward for the next 2
years Dayang will be looking at EOR & RSC contracts. Balance sheet is
healthy with a net cash position while foreign shareholding of 7% is
relatively low thus limiting downside risk. RSI 36. Buy with TP: RM5.40
(12xPE)
(TYK)
 |
|||||||||||||
|
IJMLAND (5215)
|
3/9/2013
|
RM2.41
|
BUY
|
RM2.85
|
|||||||||
|
Share
price has fallen 24% from its peak of RM3.17 with RSI at oversold level of
22. Bandar Rimbayu has seen strong take up rate with phase 2 fully sold
during preview in August. Significant launches this year would be its maiden
launches in Pantai Sentral Park (2H2013 w GDV RM2bn), and Royal Mint Street
in London (sept w GDV RM1.4). Company is in net cash position and
trades at MarFY14PE of 12.5x vs historical 15x. TP: RM2.85 (15xPE)
(TYK)
 |
|||||||||||||
|
Calls for AUGUST Week 4 / SEPT Week 1
|
|||||||||||||
|
STOCK
|
Initiation Dates
|
Initiation price
|
BUY/SELL
|
TARGET PRICE
|
LAST PRICE
|
% Change
since Initiated
|
|||||||
|
AAX(5238)
|
27/8/2013
|
RM1.10
|
BUY
|
RM1.44
|
RM1.03
|
-6.4%
|
|||||||
|
PRESBHD (5204)
|
27/8/2013
|
RM1.94
|
BUY
|
RM2.60
|
RM1.88
|
-3.1%
|
|||||||
|
SCABLE (5170)
|
28/8/2013
|
RM1.76
|
ACCUMULATE
|
RM2.24
|
RM1.78
|
+1.1%
|
|||||||
|
SENDAI (5205)
|
28/8/2013
|
RM1.44
|
ACCUMULATE
on weakness
|
RM1.91
|
RM1.47
|
+2.0%
|
|||||||
|
UMW (4588)
|
29/8/2013
|
RM12.12
|
Trading BUY
|
-
|
RM12.50
|
+3.1%
|
|||||||
|
SUNWAY (5211)
|
29/8/2013
|
RM2.74
|
Trading BUY
|
-
|
RM2.83
|
+3.2%
|
|||||||
|
BENALEC (5190)
|
30/8/2013
|
RM1.18
|
Trading BUY
|
RM1.40
|
RM1.17
|
-0.9%
|
|||||||
|
GADANG (9261)
|
30/8/2013
|
RM0.825
|
Trading BUY
|
RM1.30
|
RM0.825
|
0.0%
|
|||||||
|
YTL (4677)
|
2/9/2013
|
RM1.55
|
Accumulate
|
RM1.83
|
RM1.54
|
-0.7%
|
|||||||
|
MHB (5186)
|
2/9/2013
|
RM3.58
|
Accumulate
|
-
|
RM3.55
|
-0.9%
|
|||||||
|
HOLD
|
|
|
CONT SELL
|
SELL/ TAKE PROFIT
|
|
CONT BUY
|
STRONG BUY
|