|
FLOWS
|
Wednesday, August 05, 2015
|
|||||||||
|
BUY
|
MISC, CIMB
|
|||||||||
|
SELL
|
MAYBANK, KNM, TENAGA
|
|||||||||
|
STOCK ALERT
|
||||||||||
|
STOCK NAME
|
DATE
|
PRICE
|
BUY/SELL
|
TARGET PRICE
|
||||||
|
SUPERMX (7106)
|
05/08/2015
|
RM2.46
|
TAKE PROFIT
|
RM2.05
|
||||||
|
Share price has performed remarkably well having risen 26% over the past
8 weeks with technical indicators at overbought levels; RSI @74 trading at
upper range of the Bollinger band. Continued delays in achieving full
commercial production of its new plants (1Q16), unresolved water supply
issues and lower ASPs will likely limit Supermx’s near term upside. Trades at
12.7x FY16 PER vs 10.5x 7yr average; Take profit (Buyback @ RM2.05).
(SPK)
 |
||||||||||
|
PARAMON (1724)
|
05/08/2015
|
RM1.93
|
ACCUMULATE
|
RM2.50
|
||||||
|
Share price has eased of 7% over the past month presenting a good
opportunity to accumulate a growth stock with defensive qualities. We see
catalysts coming from: 1) roll out of budget schools leveraging on its Sri
KDU brand with construction of 1,500 capacity Klang campus by early 2016, 2)
affordable housing project launch in 2H15 (Sepang), 3)RM1.3bn Batu Kawan
education metropolis launching in 2016, 4) potential education property asset
monetization. Trades at 10.5x FY16 PER supported by 4.5% yield (40-50% div
policy); Accumulate. (TP: RM2.50).
(SPK)
 |
||||||||||
|
|
||||||||||
|
Calls for JULY WEEK 4/ AUGUST WEEK 1 2015
|
||||||||||
|
STOCK
|
Initiation
Dates
|
Initiation
price
|
BUY/SELL
|
TARGET
PRICE
|
LAST PRICE
|
% Change
since Initiated
|
||||
|
BIMB (5258)
|
29/07/2015
|
RM4.16
|
TRIM
|
-
|
RM4.20
|
+0.9%
|
||||
|
PIE (7095)
|
29/07/2015
|
RM6.83
|
SELL
|
RM6.00
|
RM6.93
|
+1.4%
|
||||
|
COASTAL (5071)
|
30/07/2015
|
RM2.52
|
ACCUMULATE
|
RM3.15
|
RM2.31
|
-8.4%
|
||||
|
MALAKOFF (5264)
|
30/07/2015
|
RM1.66
|
ACCUMULATE
|
RM2.22
|
RM1.68
|
+1.2%
|
||||
|
UCHITEC (7100)
|
31/07/2015
|
RM1.58
|
ACCUMULATE
|
RM1.80
|
RM1.54
|
-2.6%
|
||||
|
MATRIX (5236)
|
31/07/2015
|
RM2.50
|
ACCUMULATE
|
RM2.80
|
RM2.49
|
-0.4%
|
||||
|
XINHWA (5267)
|
03/08/2015
|
RM1.28
|
TRIM
|
RM1.04
|
RM1.27
|
-0.8%
|
||||
|
PTARAS (9598)
|
03/08/2015
|
RM3.78
|
ACCUMULATE
|
RM4.20
|
RM3.77
|
-0.3%
|
||||
|
LUXCHEM (5143)
|
04/08/2015
|
RM1.16
|
BUY
|
RM1.35
|
RM1.16
|
0.0%
|
||||
|
LAFMSIA (3794)
|
04/08/2015
|
RM9.76
|
TRIM
|
-
|
RM9.64
|
-1.2%
|
||||
|
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
|
|
