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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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-
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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
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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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WELLCALL (7231)
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2/10/2014
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RM1.63
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ACCUMULATE
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RM1.83
|
RM1.59
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-2.5%
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MBMR (5983)
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2/10/2014
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RM2.85
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Trading BUY
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RM3.50
|
RM2.80
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-2.2%
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ELSOFT (0090)
|
3/10/2014
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RM1.68
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Trading SELL
|
-
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RM1.56
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-7.2%
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FABER (1368)
|
3/10/2014
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RM3.21
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ACCUMULATE
|
RM3.50
|
RM3.13
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-2.5%
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MASTEEL (5098)
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7/10/2014
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RM1.03
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ACCUMULATE
|
RM1.21
|
RM1.00
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-3.0%
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MBSB (1171)
|
7/10/2014
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RM2.42
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TRIM
|
-
|
RM2.37
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-2.1%
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MRCB(1651)
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8/10/2014
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RM1.59
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ACCUMULATE
|
RM2.00
|
RM1.58
|
-0.7%
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HARTA(5168)
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8/10/2014
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RM7.02
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TRIM
|
-
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RM7.00
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-0.3%
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YINSON (7293)
|
9/10/2014
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RM2.89
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BUY
|
RM3.30
|
RM2.76
|
-4.5%
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GLOMAC (5020)
|
9/10/2014
|
RM1.10
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TRIM
|
-
|
RM1.12
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-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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