Thursday, July 2, 2015

Morning Call | 2 July 2015


FLOWS
Thursday, 2 July, 2015
BUY
GAMUDA, PBBANK, TM
SELL
AXIATA, MBSB
STOCK ALERT
STOCK NAME
DATE
PRICE
BUY/SELL
TARGET PRICE
OCK (0172)
02/07/2015
RM0.83
ACCUMULATE
RM1.10
Share price has consolidated well for past 1.5months at 82sen level, we believe this is a good accumulation level with earnings expected to pick up in coming quarters. Company is a proxy to regional telco infra sector with presence from Indonesia, Cambodia, and moving into Myanmar, Laos and Vietnam. Accumulate with TP: RM1.10.
(TYK)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
GENTING (3182) 
02/07/2015
RM8.10
ACCUMULATE
RM9.78
Share price currently sits at its strong 5yrs support line offering investors a good entry level with earnings expected to grow steadily in the coming years via expansion in regions such as Jeju Island, Las Vegas resort and completion of Genting Integrated Tourist Plan. Another major catalyst would be the legalisation of casino in Japan which is expected by 3Q. Accumulate with SOP TP: RM9.78
(TYK)
 
 
 
 
Calls for  JUNE WEEK 3 / WEEK 4 2015
STOCK
Initiation Dates
Initiation price
BUY/SELL
TARGET PRICE
LAST PRICE
% Change since Initiated
ENGTEX (5056)
25/06/2015
RM1.09
BUY
RM1.22
RM1.15
+5.5%
PANTECH (5125) 
25/06/2015
RM0.675
BUY on weakness
RM0.93
RM0.67
-0.8%
PRLEXUS (8966)
26/06/2015
RM2.10
TRIM
RM1.84
RM2.05
-2.4%
MIECO (5001) 
26/06/2015
RM0.675
BUY on weakness
RM0.80
RM0.725
+7.4%
MYEG (0138)
29/06/2015
RM2.88
TAKE PROFIT
-
RM2.93
+1.7%
CMSB (2852) 
29/06/2015
RM5.23
TAKE PROFIT
-
RM5.33
+1.9%
ULICORP (7133)
30/06/2015
RM4.09
TAKE PROFIT
RM3.68
RM4.36
+6.6%
EDGENTA (1368) 
30/06/2015
RM3.40
Accumulate
RM4.00
RM3.50
+2.9%
PPB (4065)
01/07/2015
RM15.12
TRIM
-
RM15.10
-0.2%
WASEONG (5142) 
01/07/2015
RM1.39
Accumulate
RM1.60
RM1.43
+2.8%

 

 

PERFORMANCE ALERT
STOCK
Initiation dates
Initiation price
Target Price
Action
Returns
SKPETRO (5218)
15/04/2015
RM2.40
RM2.75
Take profit
14.5%
UNISEM (5005)
22/04/2015
RM2.60
BB – RM2.30
Trading buy
-
SKPRES (7155)
08/05/2015
RM0.845
RM1.10
Take profit
19.5%
TOPGLOV (7113)
08/06/2015
RM5.47
-
Trading Sell
-
KNM (7164)
23/06/2015
RM0.54
RM0.62
Trading Sell
13.0%

 

Performance
Positive
 
Negative
 
Neutral