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FLOWS
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Thursday, 9 July, 2015
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BUY
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WPRTS,
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SELL
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ARMADA,KLK
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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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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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A
healthcare operator and investment holding company controlled by businessman
Peter Lim, entered into a RM400 million related party deal to acquire Thomson
Iskandar, a medical hub project located on 1.6ha of freehold land in Johor
Bahru via acq of the entire issued and paid up share capital of BB Waterfront
Sdn Bhd The purchase consideration was settled by the issuance of 533.33
million new TMC shares at an issue price of RM0.75 per share, together with
266.66 million free warrants. The company has also rewarded existing
shareholders with a bonus Issue of warrants entailing the issuance of 599,760,718
warrants on the basis of one warrant for every two TMC shares held. BB Waterfront has obtained zoning approval
from the Ministry of Health Malaysia on July 7, 2014 and Dec 16, 2014 for
purpose built private hospital for the provision of multi-disciplinary
healthcare services and an approval-in -principle for it to build and operate
a 272-beds hospital. The proposed medical hub entails an integrated
development into a medical hub that comprises a 500 beds hospital, 400
medical suites and retail mall (to facilitate and provide ancillary services
to the operation of hospital and medical suites with an estimated gross
development value of RM1.2 billion and a gross development cost of RM900
million. Hospital operations are expected to begin by late 2018. Both
Thomson Iskandar in Johor Bahru and the integrated healthcare campus at
Tropicana Medical Centre in the Klang Valley once ready will see the group
own and operate some 1,000 hospital beds. Technically the stock has recovered
from a recent low of 54c with MACD cutting upwards and RSI only 37. Immediate
resistance seen at 62c (SMA 200). We recommend an accum on this counter as
emerges as a serious player in the growing medical sector.
(DN)
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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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Globetronics
– Price has encountered a sharp sell off in the past month after achieving a
new high of RM6.44. The sell down could possibly be related to latest numbers
indicating that a high profile wearable launch in April which saw sales of
35,000 units per day has since dropped to 5000/day. Management however has
not seen any changes in their volume loading for this product. This remains
only a small part of their sensor biz with the main earnings growth driver in
the next few years only coming on stream in Q4 this year. The imaging sensor
is expected to start with vol loadings of 15m units per mth with a target of
30m. Valuations look more attractive now with a forward PE of 14x and yield
of 5.5%.
(DN)
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Calls for JULY WEEK 1 2015
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STOCK
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Initiation
Dates
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Initiation
price
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BUY/SELL
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TARGET
PRICE
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LAST PRICE
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% Change
since Initiated
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OCK (0172)
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02/07/2015
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RM0.83
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ACCUMULATE
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RM1.10
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RM0.785
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-5.5%
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GENTING (3182)
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02/07/2015
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RM8.10
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ACCUMULATE
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RM9.78
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RM7.88
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-2.8%
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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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RM1.24
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-19.0%
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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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RM5.87
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-0.4%
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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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RM1.13
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-5.9%
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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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RM6.06
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-5.4%
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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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RM1.25
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-9.5%
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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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RM2.37
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-0.9%
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PERFORMANCE
ALERT
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STOCK
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Initiation
dates
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Initiation
price
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Target
Price
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Action
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Returns
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SKPETRO (5218)
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15/04/2015
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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)
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22/04/2015
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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)
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08/05/2015
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RM0.845
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RM1.10
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Take
profit
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19.5%
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TOPGLOV (7113)
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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
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RM0.62
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Trading
Sell
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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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