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FLOWS
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Monday, 9 February, 2015
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BUY
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MUHIBBAH, TENAGA, ARMADA
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SELL
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PCHEM, MAYBANK, DIGI
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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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ENGTEX (5056)
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09/02/2015
|
RM1.10
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TRADING BUY
|
RM1.40
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Share px has bottomed out on Friday as SMA
20,50 r also showing signs of reversal as vol picked up substantially last
wk. Fundamentals are intact as it remains one of more prominent integrated
manufacturer 4 pipes & valves in the country & will look to
capitalize on pipe replacement project in K.Valley which is exp to be
resolved in 1H. Trading at 5.2x FY15 vs 7yr ave 6.4x. Trading BUY with 1st TP
of RM1.21 & next TP of RM1.40.
(RL)
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BJAUTO (5248)
|
09/02/2015
|
RM3.31
|
BUY
|
RM3.70
|
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Stock hs bn trading sideways for 4 mths & hs consolidated well abv
SMA100 (RM3.28) which will act as immediate supp. Grwth story remain
compelling on projected 3.15% grwth in TIV v 2014 despite looming GST in
April. (3 yr CAGR of 30-37% along wth 10-12% Ebitda margins) coupled
wth declining Jap yen (a/c for 50-60% of COGS of imported parts) will cont to
sustain grp’s earnings & plans to launch more models by 1H15 (mazda 3
CKD, Mazda 2, Mazda CX5 will cont to drive grwth). BUY.
(RL)
 |
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Calls for Jan WEEK 4 / FEB
WEEK 1 2015
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STOCK
|
Initiation
Dates
|
Initiation
price
|
BUY/SELL
|
TARGET
PRICE
|
LAST PRICE
|
% Change
since Initiated
|
||||
|
HUAYANG (5062)
|
29/01/2015
|
RM2.17
|
BUY
|
RM2.60
|
RM2.16
|
-0.5%
|
||||
|
UCHITEC (7100)
|
29/01/2015
|
RM1.50
|
ACCUMULATE
|
RM1.75
|
RM1.50
|
0.0%
|
||||
|
MBMR (5983)
|
30/01/2015
|
RM3.15
|
TRIM
|
-
|
RM3.16
|
+0.3%
|
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|
SENDAI (5205)
|
30/01/2015
|
RM0.61
|
ACCUMULATE
|
RM0.81
|
RM0.605
|
-0.9%
|
||||
|
OIL AND GAS
|
04/02/2015
|
-
|
TRADING BUY
|
-
|
|
-
|
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|
SASBADI (5252)
|
04/02/2015
|
RM1.41
|
BUY
|
-
|
RM1.50
|
+6.3%
|
||||
|
PESTECH (5219)
|
05/02/2015
|
RM4.10
|
ACCUMULATE
|
RM4.50
|
RM4.20
|
+2.4%
|
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|
OLDTOWN (5201)
|
05/02/2015
|
RM1.66
|
ACCUMULATE
|
RM1.90
|
RM1.67
|
+0.6%
|
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|
CMMT (5180)
|
06/02/2015
|
RM1.43
|
ACCUMULATE
|
RM1.60
|
RM1.44
|
+0.6%
|
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|
AIRASIA (5099)
|
06/02/2015
|
RM2.78
|
BUY
|
RM3.20
|
RM2.78
|
0.0%
|
||||
|
Performance
|
|
|
Positive
|
|
|
Negative
|
|
|
Neutral
|
|
