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FLOWS
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Thursday, 10 September, 2015
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BUY
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RHBCAP,
AIRPORT
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SELL
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DIGI, MISC
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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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WCT (9679)
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10/09/2015
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RM1.26
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BUY on weakness
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RM1.46
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WCT
(RM1.26) – Share price has consolidated well forming a base at RM1.15-20
as current valuation of 10xFY16 PER is at a discount to peers at 14x. YTD,
company has replenished orderbook of RM868m w tenderbook at RM4.7bn. Bulk of
the tenders r local - TRX (RM800m-900m), KL118 (RM900m), and RAPID
subcontract works (RM200m-300m). Buy on Weakness w TP: RM1.46 (12xFY16PER).
(TYK)
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PCHEM (5183)
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10/09/2015
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RM6.04
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TRIM
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-
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Share
price has recovered relatively well, gaining 17% from its recent low of
RM5.17 as px trade close to recent high of RM6.40. We advocate a Sell in
Strength as valuation appears steep at 16.5xFY16 PER vs 5yr fwd average of
13.5x. Global Olefin prices has been on a sharp decline since July touching
multiyear lows. This is expected to impact PCHEM earnings in 4Q. Trim
(TYK)
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Calls for SEPT 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
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TARGET PRICE
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LAST PRICE
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% Change since Initiated
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AIRPORT (5014)
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03/09/2015
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RM4.37
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TRADING BUY
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RM5.00
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RM4.71
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+7.7%
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BJFOOD (5196)
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03/09/2015
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RM2.10
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SELL into STR
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RM1.65
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RM2.14
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+1.9%
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UZMA (7250)
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04/09/2015
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RM1.74
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BUY
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RM2.00
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RM1.84
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+5.7%
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HOMERIZ (5160)
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04/09/2015
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RM0.935
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Trading Buy
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RM1.15
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RM1.02
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+9.0%
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KAWAN (7216)
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07/09/2015
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RM2.36
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ACCUMULATE
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RM3.14
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RM2.43
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+2.9%
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LITRAK (6645)
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07/09/2015
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RM5.16
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TRIM
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BB - RM4.60
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RM5.13
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-0.6%
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TGUAN (7034)
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08/09/2015
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RM1.71
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ACCUMULATE
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RM1.92
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RM1.74
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+1.7%
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GENP (2291)
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08/09/2015
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RM9.87
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TRIM
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BB - RM4.60
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RM9.88
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+0.1%
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MMSV (0113)
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09/09/2015
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RM0.65
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BUY
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RM0.75
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RM0.665
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+2.3%
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GHLSYS (0021)
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09/09/2015
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RM1.00
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SELL into STR
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-
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RM1.04
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+4.0%
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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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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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XINHWA (5267)
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03/08/2015
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RM1.03
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1.20
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Buy
Back
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-
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KAREX (5247)
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07/08/2015
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RM3.10
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RM3.80
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Buy
Back
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-
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Performance
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Positive
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Negative
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Neutral
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