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FLOWS
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Monday, 20 July, 2015
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BUY
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DIGI
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SELL
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MAXIS
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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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SUNWAY (5211)
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20/07/2015
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RM3.47
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BUY
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RM3.76
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Share price has traded in a narrow band of RM3.40-RM3.50
over past 2 months and looks set to test its immediate upside of RM3.76 and
eventually RM4.00 driven by the imminent listing of SunwayCon on 28 July with
an expected special dividend of 25-28sen (7-8% yield). Further value is seen
supported by Co’s 3,380ac landbank (est RM32bn GDV), expected launch of
RM1.5bn worth of developments in 2H’15, RM2.5bn of unbilled sales and
recurring income from investment properties. Trades at just 11.2x PER, 0.95x
p/bk and 2.9% yield FY16; Buy.
(SPK)
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UZMA (7250)
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20/07/2015
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RM2.52
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ACCUMULATE
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RM2.84
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The 1st local O&G player to be awarded a Water
Injection Facility contract, which is extremely positive, setting precedence
for more similar contracts esp with more than 2/3 of Msia’s oilfields
considered as brownfield operations. Further catalysts include commencement
of 1st oil at Tanjung Baram expected by Aug’15 and prospective new
contracts as Co prepares for Capex spending from recently announced PP.
Trades at just 10.5x FY16 PER (vs 12.6x 3-yr average), Accumulate. (TP
RM2.84, 11.8x FY16).
(SPK)
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Calls for JULY WEEK 1 WEEK 2 2015
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STOCK
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Initiation
Dates
|
Initiation
price
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BUY/SELL
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TARGET
PRICE
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LAST PRICE
|
% Change
since Initiated
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TMCLIFE (0101)
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09/07/2015
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RM0.56
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BUY
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RM0.62
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RM0.585
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+4.4%
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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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RM6.17
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+13.4%
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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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RM0.765
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+2.6%
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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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RM2.28
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+6.5%
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HUAYANG (5062)
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13/07/2015
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RM1.90
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ACCUMULATE
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RM2.40
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RM1.90
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0.0%
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BJAUTO (5248)
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13/07/2015
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RM2.50
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BUY on weakness
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RM3.00
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RM2.67
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+6.8%
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SENDAI (5205)
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14/07/2015
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RM0.97
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ACCUMULATE
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RM1.10
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RM0.98
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+1.0%
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UEMS (5148)
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14/07/2015
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RM0.995
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Trading BUY
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RM1.12
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RM1.02
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+2.5%
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NAIM (5073)
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15/07/2015
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RM2.25
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BUY
|
RM2.25
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RM2.41
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+7.1%
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CYPARK (5184)
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15/07/2015
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RM1.73
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BUY
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RM2.16
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RM1.77
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+2.3%
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PERFORMANCE
ALERT
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STOCK
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Initiation
dates
|
Initiation
price
|
Target
Price
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Action
|
Returns
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SKPETRO (5218)
|
15/04/2015
|
RM2.40
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RM2.75
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Take
profit
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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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-
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SKPRES (7155)
|
08/05/2015
|
RM0.845
|
RM1.10
|
Take
profit
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19.5%
|
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TOPGLOV (7113)
|
08/06/2015
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RM5.47
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-
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Trading
Sell
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-
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KNM (7164)
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23/06/2015
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RM0.54
|
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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