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FLOWS
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Friday, 6 February, 2015
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BUY
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PBBANK, TENAGA, UMW
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SELL
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IOIPG, KLK, GENM
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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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CMMT (5180)
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06/02/2015
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RM1.43
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ACCUMULATE
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RM1.60
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After hitting high of RM1.61 on the
announcement of Tropicana Mall (TCM), share price has retraced back to RM1.40
level offering an attractive yield of 6.85% in 2016 which is the highest
among the Retail REITS. TCM acquisition has potential of rental revisions as
rental rate is only RM6psf compared to Sunway Pyramid which commands RM10psf.
Debt profile is attractive with majority expiring in 2016/2017 and 69% of
loan locked in. Accumulate with TP: RM1.60
(TYK)
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AIRASIA (5099)
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06/02/2015
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RM2.78
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BUY
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RM3.20
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Share price has consolidated well over past
month; we believe share price could continue its uptrend and at least close
the gap at RM2.94. Jet fuel prices has been trading around the 2009 levels
(USD65/barrel) which could provide further upside in earnings for 2015.
Recent removal of Fuel subsidy is expected to encourage travelling on cheaper
ticket prices. Buy with TP: RM3.20
(TYK)
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Calls for Jan WEEK 4 / FEB
WEEK 1 2015
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STOCK
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Initiation
Dates
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Initiation
price
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BUY/SELL
|
TARGET
PRICE
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LAST PRICE
|
% Change
since Initiated
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KAREX (5247)
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28/01/2015
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RM3.94
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TRIM
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BB - RM3.40
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RM4.07
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+3.2%
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UMWOG (5243)
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28/01/2015
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RM2.70
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TRIM
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BB – RM2.40
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RM2.69
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-0.4%
|
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HUAYANG (5062)
|
29/01/2015
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RM2.17
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BUY
|
RM2.60
|
RM2.15
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-1.0%
|
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UCHITEC (7100)
|
29/01/2015
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RM1.50
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ACCUMULATE
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RM1.75
|
RM1.47
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-2.0%
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MBMR (5983)
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30/01/2015
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RM3.15
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TRIM
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-
|
RM3.18
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+0.9%
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SENDAI (5205)
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30/01/2015
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RM0.61
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ACCUMULATE
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RM0.81
|
RM0.61
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0.0%
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OIL AND GAS
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04/02/2015
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-
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TRADING BUY
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-
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-
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SASBADI (5252)
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04/02/2015
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RM1.41
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BUY
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-
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RM1.43
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+1.4%
|
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PESTECH (5219)
|
05/02/2015
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RM4.10
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ACCUMULATE
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RM4.50
|
RM4.19
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+2.1%
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OLDTOWN (5201)
|
05/02/2015
|
RM1.66
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ACCUMULATE
|
RM1.90
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RM1.66
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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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