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FLOWS
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Wednesday, 9 September, 2015
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BUY
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AXIATA,
GENTING, SIME
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SELL
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AMBANK,
DIGI, UEMS
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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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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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MMSV
– a good proxy play on USD strength as net beneficiary from the appreciating
USD, with 70% of its revenue is quoted in USD with natural hedging from its
raw materials purchases (at c.20% of total costs). The company is involved in
the design and manufacturing of automation solutions for the LED and
Semiconductor industries. Differentiating itself from the standard test and
vision inspection equipment manufacturers, MMSV focuses on LED test and
vision inspection solutions that are specifically tailored to meet
customers’various requirements. Trading at 8.2x PE current year. Achieved a
small double bottom at RM0.55 with a breach above RM0.68 likely to see a
medium term target of RM0.75. BUY
(DN)
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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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Its
card TPA (transaction payment
acquisition) arrangement with CIMB Bank has started in end-Jun
2015 and it is currently signing up around 300-400 merchants per month. Its
TPA arrangement with Philippines Globe Telecom is on track to start in Sep
2015 following the completion of systems integration. Moreover, GHL is also
planning to start its Philippines card TPA business in 4Q15 following its
partnership with Philippines Metrobank. Stock has enjoyed a strong bounce
from its low of 85c and should meet significant resistance ard the RM1.05
especially with valuations of 44x PE current year and 24x fwd. Sell into
strength.
(DN)
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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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CARING (5245)
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02/09/2015
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RM1.33
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TRIM
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BB - RM1.15
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RM1.61
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-21.0%
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SUPERMX(7106)
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02/09/2015
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RM2.09
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ACCUMULATE
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RM2.60
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RM2.06
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-1.5%
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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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RM4.46
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+2.0%
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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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RM2.08
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+1.0%
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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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RM1.85
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+6.3%
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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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RM1.01
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+8.0%
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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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RM2.40
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+1.6%
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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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RM5.14
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-0.4%
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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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RM9.87
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0.0%
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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)
|
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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