FLOWS
|
Monday, 20 April, 2015
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BUY
|
TENAGA, GENTING, PBBANK
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SELL
|
WPRTS, MUHIBBAH,
MISC
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STOCK ALERT
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STOCK NAME
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DATE
|
PRICE
|
BUY/SELL
|
TARGET PRICE
|
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WCT (9679)
|
20/04/2015
|
RM1.86
|
Take Profit
|
BB – RM1.65
|
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Share
px has achieved our Buy call TP from Feb’15 n has risen 30% since late Mar.
Given the RSI of 80% n fwd PER of 15x vs its 5yr fwd average of 12.5x we
advocate a sell into strength call. Share px is likely to face resistance
from RM1.90 onwards. Its upcoming 1 for 10 rights issue is dilutive circa 6%
of FY15-16 earnings. Take profit w buyback level of RM1.65
(TYK)
 |
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CARLSBG (2836)
|
20/04/2015
|
RM14.40
|
Take Profit
|
BB – RM12.50
|
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Share price is currently 8.5% above consensus
TP of RM13.27 possibly due to upcoming div payment by end Apr n expection of
strong 1QFY15. We believe this offer opportunity to sell into strength as
post GST, earnings is expected to be tougher on slower consumer spending n
lack of major sporting events. Take profit with Buyback TP: RM12.50 (6% div
yield FY16)
(TYK)
 |
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Calls for APRIL WEEK 2 / WEEK 3 2015
|
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STOCK
|
Initiation
Dates
|
Initiation
price
|
BUY/SELL
|
TARGET
PRICE
|
LAST PRICE
|
% Change
since Initiated
|
||||
BARAKAH (7251)
|
13/04/2015
|
RM0.855
|
Trading BUY
|
RM1.10
|
RM0.94
|
+9.9%
|
||||
GKENT (3204)
|
13/04/2015
|
RM1.26
|
Trading BUY
|
RM1.50
|
RM1.27
|
+0.7%
|
||||
SNTORIA (5213)
|
14/04/2015
|
RM1.05
|
BUY
|
RM1.30
|
RM1.08
|
+1.8%
|
||||
VITROX (0097)
|
14/04/2015
|
RM3.51
|
TRIM
|
-
|
RM3.65
|
+3.9%
|
||||
PANTECH (5125)
|
15/04/2015
|
RM0.73
|
ACCUMULATE
|
RM0.94
|
RM0.765
|
+4.7%
|
||||
SKPETRO (5218)
|
15/04/2015
|
RM2.40
|
Trading BUY
|
RM2.75
|
RM2.72
|
+13.3%
|
||||
PESTECH (5219)
|
16/04/2015
|
RM4.90
|
BUY
|
RM5.50
|
RM4.98
|
+1.6%
|
||||
TEOSENG (7252)
|
16/04/2015
|
RM1.92
|
ACCUMULATE
|
RM2.30
|
RM1.98
|
+3.1%
|
||||
GOB (1147)
|
17/04/2015
|
RM0.555
|
Trading BUY
|
RM0.64
|
RM0.555
|
0.0%
|
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GASMSIA (5209)
|
17/04/2015
|
RM2.68
|
TRIM
|
-
|
RM2.68
|
0.0%
|
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Performance
|
|
Positive
|
|
Negative
|
|
Neutral
|
|