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FLOWS
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Friday, 10 October, 2014
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BUY
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RHBCAP, PPB, AXIATA
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SELL
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DIGI, MAYBANK, FGV
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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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MEDIAC(4502)
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10/10/2014
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RM0.885
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ACCUMULATE
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RM0.94
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Buy
for a recovery in Adex after slow 1Q numbers. Operational margins should also
see improvement from lower newsprint prices and more contained wage bill.
Price is down to a two year low with an attractive yield of 5.3% which should
provide a strong support. RSI down to 27 and MACD flat. Upside catalyst could
come from a revival of planned listing of Charming Holidays International,
its travel unit. Accumulate with immediate upside resistance of 94c.
(DN)
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BJTOTO(1562)
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10/10/2014
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RM3.59
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Defensive BUY
|
-
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Defensive
yield play with company expected to maintain its payout ratio of 95%. Fears
of GST implementation could drive price lower hence we advocate step buying
with a strong support at RM3.25 corresponding to a yield of 8%. RSI30 with a
divergence in MACD threatening to cut upwards we continue to recommend the
counter for yield centric funds in an uncertain market.
(DN)
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Calls for SEPT OCT WEEK 1 /
WEEK 2 2014
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STOCK
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Initiation
Dates
|
Initiation
price
|
BUY/SELL
|
TARGET PRICE
|
LAST PRICE
|
% Change
since Initiated
|
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|
WELLCALL (7231)
|
2/10/2014
|
RM1.63
|
ACCUMULATE
|
RM1.83
|
RM1.59
|
-2.5%
|
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|
MBMR (5983)
|
2/10/2014
|
RM2.85
|
Trading BUY
|
RM3.50
|
RM2.80
|
-2.2%
|
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ELSOFT (0090)
|
3/10/2014
|
RM1.68
|
Trading SELL
|
-
|
RM1.56
|
-7.2%
|
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FABER (1368)
|
3/10/2014
|
RM3.21
|
ACCUMULATE
|
RM3.50
|
RM3.13
|
-2.5%
|
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|
MASTEEL (5098)
|
7/10/2014
|
RM1.03
|
ACCUMULATE
|
RM1.21
|
RM1.00
|
-3.0%
|
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|
MBSB (1171)
|
7/10/2014
|
RM2.42
|
TRIM
|
-
|
RM2.37
|
-2.1%
|
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|
MRCB(1651)
|
8/10/2014
|
RM1.59
|
ACCUMULATE
|
RM2.00
|
RM1.58
|
-0.7%
|
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|
HARTA(5168)
|
8/10/2014
|
RM7.02
|
TRIM
|
-
|
RM7.00
|
-0.3%
|
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|
YINSON (7293)
|
9/10/2014
|
RM2.89
|
BUY
|
RM3.30
|
RM2.76
|
-4.5%
|
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|
GLOMAC (5020)
|
9/10/2014
|
RM1.10
|
TRIM
|
-
|
RM1.12
|
-1.8%
|
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|
Performance
|
|
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Positive
|
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Negative
|
|
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Neutral
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