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FLOWS
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Tuesday, 8 July, 2014
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BUY
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MAYBANK,
SKPETRO, GENTING
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SELL
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PCHEM, DIGI, SIME
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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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UCHITEC(7100)
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9/7/2014
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RM1.42
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ACCUMULATE
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RM1.78
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Share price has retraced from its recent high
of RM1.48. We believe this is an opportunity to accumulate on a defensive
play with an attractive dividend yield of 8.45% for FY15. Company which is
principally involved in Original Design Manufacturing (ODM), specializing in
the design of electronic control systems sells primarily into the Germany and
Switzerland market hence will benefit from the recovery in that region. Key
growth would be from its bio-tech products which management intends to
increase contribution from 24% to 50% of its revenue. Currently trades at PE
of 11.36xFY15 with net cash position of RM112mil (30sen). Accumulate
(TYK)
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MEDIA (4502)
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9/7/2014
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RM2.44
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ACCUMULATE
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RM2.90
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Media (RM2.44): Share price has fallen
7.6% from its high of RM2.64 in June and key support levels expected at
RM2.43 and RM2.33. Company is the highest yielding media stock at 6.5% and is
expected to be the major benefactor of recent major sports events such as
World Cup, Commonwealth Games and the Asian Games and Hari Raya festivities.
Its growth strategy is growing the digital media and content creation
segments. Given its diversified revenue company is less susceptible to
slowdown in print media which is facing cannibalisation from the online
media. Accumulate with TP: RM2.90
(TYK)
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Calls for JUNE WEEK 3/ WEEK 4 2014
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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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MUDAJYA (5085)
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2/7/2014
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RM2.51
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BUY
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RM2.85
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RM2.63
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+4.7%
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TAS (5149)
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2/7/2014
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RM1.50
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ACCUMULATE
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RM1.70
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RM1.53
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+2.0%
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SONA (5241)
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3/7/2014
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RM0.485
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Trading BUY
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RM0.60
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RM0.48
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-1.1%
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CYPARK (5184)
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3/7/2014
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RM2.81
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ACCUMULATE
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RM3.20
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RM2.87
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+2.1%
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GOB (1147)
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4/7/2014
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RM1.03
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Trading BUY
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RM1.40
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RM1.03
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0.0%
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WPRTS (5246)
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4/7/2014
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RM2.72
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ACCUMULATE
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RM3.12
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RM2.74
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+0.8%
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KPJ (5878)
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7/7/2014
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RM3.63
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SELL
into strength
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-
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RM3.57
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-1.7%
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TURBO (5167)
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7/7/2014
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RM1.35
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ACCUMULATE
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RM1.60
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RM1.32
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-2.3%
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ECONBHD (5253)
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8/7/2014
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RM0.765
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BUY
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RM1.00
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RM0.745
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-2.6%
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GUH (3247)
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8/7/2014
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RM1.39
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BUY
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RM1.55
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RM1.39
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0.0%
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Performance
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Positive
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Negative
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Neutral
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