FBMKLCI
1658.91pts -4.29pts (-0.26%) Volume 2.210b Value RM 2.137b
The
KLCI fell for the 3rd consecutive day inline with the weaker US
market overnight weighed by energy stocks amid lower commodity price as glut
concerns worsened. Regions were mostly lower as the HSI -2.15%, SHCOMP -1.43%,
NIKKEI -0.51%, ASX -1.45%, STI -1.13% fell. TECHNOLOGY +1.01% index
gained the most grounds boosted by INARI +3.92% after proposing a bonus
issue and spec div, followed by MPI +1.47%, JCY +1.21%, D&O +5.12% while
the PROPERTY -0.82% index fell dragged by SPSETIA -4.41%, MRCB -3.37%, UEMS
-0.76%. Market breadth was negative as decliners led losers by 558 : 339.
Market Futures closed at 1654.5pts (4pts discount).
2)
Heavyweights : MAYBANK -0.71% RM8.30, GENTING -1.61% RM7.33, SIME -0.98%
RM8.02, TENAGA -0.45% RM13.04, BAT -0.71% RM58.30, GENM -1.37% RM4.29, CIMB
-0.65% RM4.55, PBBANK +0.33% RM18.02,
3) DBT
: IDEAL 49.051mil @ RM0.40 (26.419% PUC @ 24% discount), MAGNI 5mil @ RM3.63
(5% discount), PENTA 2.5mil @ RM0.75 (1.87% PUC).
4)
Situational:-
OWG
+2.97% RM2.77 - Only World Group Holdings Bhd (OWG) has proposed to undertake a
1-for-5 bonus issue. The leisure and hospitality industry player said the
proposed issuance of up to 37.0m bonus shares would be done by capitalising up
to RM18.5m from the share premium account of the company. OWG currently has
RM19.1m in the account. The entitlement date will be determined at a later date
after getting all the relevant approvals for the proposed bonus issue.
INSTACO -8.88%
RM0.205 – Stock fell on profit taking after theTelecommunication and
engineering service provider, Instacom Group Bhd has secured additional works
from China Railway Construction Corporation Ltd's unit, CRCC Malaysia
Bhd, worth RM231.0m. The group, which is changing its name to Vivocom Intl
Holdings Bhd, said the works were in addition to the RM247.0m worth of
contracts secured earlier.
5) AEMULUS
FYESep 2015
Tover RM32.6m Net
RM9.1m
EPS 2.57sen
The FYE number
was driven by 4Q revenue of RM8.72 million and profit before tax of
RM2.13 million. The Group’s revenue was derived from the sale of ATE and its
related services which have contributed approximately 96.31% and 3.69% respectively
of the Group's revenue during the quarter under review. Future growth strategy
is via Upgrade of existing products; (b) Introduce new ATE into our product
line-up; (c) Set up a new tester research laboratory to enhance our research
and development activities; and (d) Expand geographical presence. Trading at a
current PE of 22x. Hold
6)
Market – Weakness to persist with pressure on regional currencies stemming from
the perceived rate hike in the US next month. Hope of maintaining current
support levels of 1640pts may hinges on the liquidity injection from GLC fund
ValueCap at the end of the month.
