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FLOWS
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Friday, 10 July, 2015
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BUY
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SKPETRO, DIGI
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SELL
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TENAGA, TM
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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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SALCON (8567)
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10/07/2015
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RM0.745
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ACCUMULATE
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RM1.05
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Share
price has fallen substantially from its recent high of RM0.85. This is an opportunity
to acc w growth prospects remaining intact 1) RM700m order book and RM2.23b
tender book, 2) mixed development projects in Johor (RM1.2b GDV expected
launch early 2016) and KL (RM1.3b GDV next to Warisan 118), 3) exclusive
rights (via VBT) to lay fibre optic cables along Prasarana’s LRT, BRT and
monorail lines over 15 years. Company is already in discussions w Celcom and
eventually would target all telcos as potential clients for this network.
FY16 is projected to achieve EPS of 7.9sen equating to 9.4xPER. Accumulate w
TP: RM1.05
(TYK)
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MUHIBBAH (5703)
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10/07/2015
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RM2.14
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ACCUMULATE
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RM2.74
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Share
price currently trading close to its support line of RM2.10 offering good lvl
to accumulate. Company is a good proxy to infra play in Msia w RAPID, MRT2,
LRT3 n highway subcontract jobs expected to pick up in awards in the 2H.
Orderbook is healthy at RM1.95bn w close to RM4bn in tenderbook. Accumulate w
TP: RM2.74 (12xPER)
(TYK)
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Calls for JULY WEEK 1 WEEK 2 2015
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STOCK
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Initiation
Dates
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Initiation
price
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BUY/SELL
|
TARGET
PRICE
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LAST PRICE
|
% Change
since Initiated
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HSL (6238)
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03/07/2015
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RM1.86
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ACCUMULATE
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RM2.30
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RM1.83
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-1.7%
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TEOSENG (7252)
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03/07/2015
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RM1.53
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ACCUMULATE
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RM2.00
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RM1.33
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-13.0%
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IHH (5225)
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06/07/2015
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RM5.89
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TAKE PROFIT
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-
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RM5.85
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-0.7%
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MRCB(1651)
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06/07/2015
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RM1.20
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ACCUMULATE
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RM1.40
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RM1.14
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-5.0%
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PCHEM (5183)
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07/07/2015
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RM6.40
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TRIM
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RM5.50
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RM6.03
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-5.8%
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WCT (9679)
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07/07/2015
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RM1.38
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ACCUMULATE
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RM1.63
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RM1.40
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+1.8%
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CSCENIC (7202)
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08/07/2015
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RM1.22
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ACCUMULATE
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RM1.50
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RM1.20
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-1.7%
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MMCCORP (2194)
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08/07/2015
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RM2.39
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ACCUMULATE
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RM3.00
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RM2.39
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0.0%
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TMCLIFE (0101)
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09/07/2015
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RM0.56
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BUY
|
RM0.62
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RM0.575
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+2.6%
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GTRONIC (7022)
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09/07/2015
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RM5.44
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ACCUMULATE
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RM6.00
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RM5.77
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+6.0%
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PERFORMANCE
ALERT
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|||||
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STOCK
|
Initiation
dates
|
Initiation
price
|
Target
Price
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Action
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Returns
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SKPETRO (5218)
|
15/04/2015
|
RM2.40
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RM2.75
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Take
profit
|
14.5%
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UNISEM (5005)
|
22/04/2015
|
RM2.60
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BB
– RM2.30
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Trading
buy
|
-
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SKPRES (7155)
|
08/05/2015
|
RM0.845
|
RM1.10
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Take
profit
|
19.5%
|
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TOPGLOV (7113)
|
08/06/2015
|
RM5.47
|
-
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Trading
Sell
|
-
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KNM (7164)
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23/06/2015
|
RM0.54
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RM0.62
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Trading
Sell
|
13.0%
|
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Performance
|
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Positive
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Negative
|
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Neutral
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