|
FLOWS
|
Monday, 9 March, 2015
|
|||||||||
|
BUY
|
MAXIS, IOICORP, ASTRO
|
|||||||||
|
SELL
|
SKPETRO, DIGI, PCHEM
|
|||||||||
|
STOCK ALERT
|
||||||||||
|
STOCK NAME
|
DATE
|
PRICE
|
BUY/SELL
|
TARGET PRICE
|
||||||
|
GAB(3255)
|
09/03/2015
|
RM14.76
|
SELL into strength
|
BB - RM13.00-13.50
|
||||||
|
Share price has risen 20% since our Buy call
on 26/01 following a strong sets of 1H earnings. We believe this is an
opportunity to take profit as RSI has risen to 82% and hitting a resistance
at RM15.06. Dividend yield has fallen to 4.6% with PE at 20.4xFY15 vs 5yr
average of 17x. Sell into Strength with buy back at RM13.00-13.50.
(TYK)
 |
||||||||||
|
POS (4634)
|
09/03/2015
|
RM5.09
|
SELL into strength
|
BB - RM4.50
|
||||||
|
Share price has been creeping higher and has
hit its nov’14 high of RM5.14. PER is now trading at steep 18.5x MarFY16 with
an unattractive dividend yield of 2.8%. RSI has risen to 70%. Given earnings
growth for next 2 years is expected to remain lacklustre with projected
growth only at mid-single digit, we advocate a sell into strength with target
buy back level at RM4.50 (16xFY16 PER)
(TYK)
 |
||||||||||
|
|
||||||||||
|
Calls for MARCH WEEK 1 2015
|
||||||||||
|
STOCK
|
Initiation
Dates
|
Initiation
price
|
BUY/SELL
|
TARGET
PRICE
|
LAST PRICE
|
% Change
since Initiated
|
||||
|
OCK (0172)
|
02/03/2015
|
RM0.93
|
ACCUMULATE
|
RM1.10
|
RM0.905
|
+2.7%
|
||||
|
PERISAI (0047)
|
02/03/2015
|
RM0.655
|
Sell into Strength
|
-
|
RM0.63
|
-3.9%
|
||||
|
TGUAN (7034)
|
03/03/2015
|
RM2.05
|
BUY on weakness
|
RM2.80
|
RM2.02
|
-1.5%
|
||||
|
PHARMA (7081)
|
03/03/2015
|
RM5.73
|
Sell into Strength
|
BB- RM5.20
|
RM5.71
|
-0.4%%
|
||||
|
SKPETRO (5218)
|
04/03/2015
|
RM2.60
|
BUY on weakness
|
RM3.05
|
RM2.41
|
-7.4%
|
||||
|
AIRASIA (5099)
|
04/03/2015
|
RM2.43
|
ACCUMULATE
|
RM2.80
|
RM2.41
|
-0.9%
|
||||
|
TEKSENG (7200)
|
05/03/2015
|
RM0.545
|
BUY
|
RM0.65
|
RM0.525
|
-3.7%
|
||||
|
WELLCAL (7231)
|
05/03/2015
|
RM1.98
|
ACCUMULATE
|
RM2.30
|
RM1.99
|
+0.5%
|
||||
|
SEM (5250)
|
06/03/2015
|
RM1.60
|
SELL
|
RM1.45
|
RM1.58
|
-1.2%
|
||||
|
MPI (3867)
|
06/03/2015
|
RM6.49
|
SELL into strength
|
RM5.80
|
RM6.45
|
-0.7%
|
||||
|
Performance
|
|
|
Positive
|
|
|
Negative
|
|
|
Neutral
|
|
