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FLOWS
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Wednesday, 3 June, 2015
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BUY
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WPRTS, CIMB
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SELL
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AMBANK, SKPETRO
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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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DELEUM (5132)
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03/06/2015
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RM1.58
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BUY
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RM1.85
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Deleum (RM1.58) - after retracing from a high of 1.87 to
1.55, there is a small saucer bottom formed recently. Ahead of a potentially
positive macd crossover & with recent improving sentiments on O&G
stks, investors should take advt of the current attractive px to position
into Deleum, especially with its solid credentials: 1) OB of RM3.9b for the
next 5-9 yrs; 2) 80-85% of biz are recurring; 3) FY15 PER of 9.7x; 4) pays
exceptional div yield of 6% for an O&G stk & is also syariah
compliant. Buy TP: 1.85
(PT)
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UEMS (5148)
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03/06/2015
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RM1.04
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Trading BUY
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RM1.25
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Trading at historically
trough valuation of p/bk of 0.7x & >60% discount to RNAV. Unbilled
sales of RM3.9b at y/e Fy14 & mgt guidance of RM2-2.4b sales for FY15
provide earnings assurance for the next 2-3yrs (FY15 & FY16 PER 11.3x
& 10.6x). Sales is exp to surge in 2H15 on the launch of SiLC phase 3
after a lapse of 2 yrs. Response to industrial land is exp to be strong.
Technicals look ready with doji emerging after the sharp sell down to a RSI
low of 20 (current 26.8). Trading buy with TP 1.25 ( B’berg consensus 12M TP
1.47) & stop-loss at 0.99.
(PT)
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Calls for MAY WEEK 4/ JUNE WEEK 1 2015
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STOCK
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Initiation
Dates
|
Initiation
price
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BUY/SELL
|
TARGET
PRICE
|
LAST PRICE
|
% Change
since Initiated
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LAFMSIA (3794)
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27/05/2015
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RM9.53
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SELL into Strength
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BB - RM8.24
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RM9.28
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-2.7%
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TGUAN (7034)
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27/05/2015
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RM2.00
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Trading BUY
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RM1.70
|
RM1.93
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-3.5%
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MISC (3816)
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28/05/2015
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RM8.34
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BUY
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RM9.50
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RM8.38
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+0.4%
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SIME (4197)
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28/05/2015
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RM8.49
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ACCUMULATE
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RM9.30
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RM8.35
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-1.7%
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AFG (2488)
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29/05/2015
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RM4.52
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TRIM
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RM4.00
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RM4.51
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-0.3%
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AMBANK (1015)
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29/05/2015
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RM6.34
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TRIM
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RM6.34
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RM6.33
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-0.2%
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KAREX (5247)
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1/06/2015
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RM3.14
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BUY
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RM3.60
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RM3.08
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-2.0%
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WTK (4243)
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1/06/2015
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RM1.01
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Trading BUY
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RM1.20
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RM1.06
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+4.9%
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DRBHICOM (1619)
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02/06/2015
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RM1.66
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BUY on weakness
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RM1.89
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RM1.65
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-0.7%
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EVERGRN (5101)
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02/06/2015
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RM1.18
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ACCUMULATE
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RM1.36
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RM1.22
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+3.3%
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PERFORMANCE
ALERT
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STOCK
|
Initiation
dates
|
Initiation
price
|
Target
Price
|
Action
|
Returns
|
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GHLSYS (0021)
|
31/3/2015
|
RM0.96
|
RM1.15
|
Take
Profit
|
19.7%
|
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MATRIX (5236)
|
3/4/2015
|
RM2.73
|
RM3.12
|
Take
Profit
|
14.2%
|
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SKPETRO (5218)
|
15/4/2015
|
RM2.40
|
RM2.75
|
Take
profit
|
14.5%
|
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UNISEM (5005)
|
22/4/2015
|
RM2.60
|
BB
– RM2.30
|
Trading
buy
|
-
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SKPRES (7155)
|
8/5/2015
|
RM0.845
|
RM1.00
|
Take
profit
|
19.5%
|
|
ECONBHD (5253)
|
8/5/2015
|
RM1.02
|
RM1.22
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Trading
sell
|
12.7%
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EDUSPEC (0107)
|
12/5/2015
|
RM0.37
|
RM0.42
|
Trading
sell
|
8.1%
|
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Performance
|
|
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Positive
|
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Negative
|
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Neutral
|
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