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FLOWS
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Monday, 9 March, 2015
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BUY
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MAXIS, IOICORP, ASTRO
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SELL
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SKPETRO, DIGI, PCHEM
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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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GAB(3255)
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09/03/2015
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RM14.76
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SELL into strength
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BB - RM13.00-13.50
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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)
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POS (4634)
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09/03/2015
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RM5.09
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SELL into strength
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BB - RM4.50
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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)
 |
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Calls for MARCH WEEK 1 2015
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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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OCK (0172)
|
02/03/2015
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RM0.93
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ACCUMULATE
|
RM1.10
|
RM0.905
|
+2.7%
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PERISAI (0047)
|
02/03/2015
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RM0.655
|
Sell into Strength
|
-
|
RM0.63
|
-3.9%
|
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TGUAN (7034)
|
03/03/2015
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RM2.05
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BUY on weakness
|
RM2.80
|
RM2.02
|
-1.5%
|
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PHARMA (7081)
|
03/03/2015
|
RM5.73
|
Sell into Strength
|
BB- RM5.20
|
RM5.71
|
-0.4%%
|
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SKPETRO (5218)
|
04/03/2015
|
RM2.60
|
BUY on weakness
|
RM3.05
|
RM2.41
|
-7.4%
|
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AIRASIA (5099)
|
04/03/2015
|
RM2.43
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ACCUMULATE
|
RM2.80
|
RM2.41
|
-0.9%
|
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TEKSENG (7200)
|
05/03/2015
|
RM0.545
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BUY
|
RM0.65
|
RM0.525
|
-3.7%
|
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WELLCAL (7231)
|
05/03/2015
|
RM1.98
|
ACCUMULATE
|
RM2.30
|
RM1.99
|
+0.5%
|
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SEM (5250)
|
06/03/2015
|
RM1.60
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SELL
|
RM1.45
|
RM1.58
|
-1.2%
|
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MPI (3867)
|
06/03/2015
|
RM6.49
|
SELL into strength
|
RM5.80
|
RM6.45
|
-0.7%
|
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Performance
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Positive
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Negative
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Neutral
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