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FLOWS
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Thursday, 12 November, 2015
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BUY
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TENAGA,
MISC, FGV
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SELL
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UMW,
SKPETRO
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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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AHEALTH (7090)
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12/11/2015
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RM3.75
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ACCUMULATE
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RM4.20
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Past
two years have seen the transformation into a healthcare group from a
pharmaceutical-based company. The Group Brands are the key assets of Apex
Healthcare Group. Through the years, Apex Healthcare Group has been
developing its portfolio of brands: XEPA, AVEX, AVO, AVO DIAGNOSTICS and
AGNESIA. Each brand has its distinct attributes catering to different
segments of the market. Distribution is done via Apex Pharma Msia and Spore.
Manufacturing is done via wholly-owned manufacturing division Xepa-Soul
Pattinson (M) produces high quality
off-patent pharmaceuticals for domestic and export markets. Additionally it
also manfs orthopaedic devices business, Straits Apex Sdn Bhd, operates under
the names of ABio Ortho and Straits Ortho. Trading at PE of only 11.7x 2016
vs domestic peers of btw 15-25x, we rate this a defensive buy with a target
price of RM4.20 or 13x PE. Accum
(DN)
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WEIDA (7111)
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12/11/2015
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RM1.94
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TRIM
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RM1.72
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WEIDA (RM1.94) - a
well-diversified company that operates four business segments, i.e. (i)
manufacturing of polyethylene-based building materials, (ii) environmental
services, (iii) telco towers, and (iv) property development. Although
manufacturing division drives 54% of its revenue, there had been expectations
of property (13% now) playing a bigger part. However with overall prop ind facing
sluggish sales, this may not materialize in the immediate term. Stock has
rallied up to its 52wk high of RM1.95 and appears severely overbought at
these levels, we recommend a trim with an immediate support lvl seen at
RM1.72.
(DN)
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Calls for OCT WEEK 4 NOV 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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CYPARK (5184)
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4/11/2015
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RM1.89
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BUY
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RM2.20
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RM1.83
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-3.2%
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KSL (5038)
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4/11/2015
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RM1.66
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ACCUMULATE
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RM2.08
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RM1.55
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-6.7%
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TNLOGIS (8397)
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5/11/2015
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RM1.40
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TAKE
PROFIT
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RM1.29
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RM1.45
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+3.5%
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UCHITEC (7100)
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5/11/2015
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RM1.66
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ACCUMULATE
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RM1.80
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RM1.73
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+4.2%
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SENDAI (5205)
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6/11/2015
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RM0.855
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BUY
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RM1.10
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RM0.815
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-4.7%
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CARING (5245)
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6/11/2015
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RM2.05
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SELL
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RM2.00
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-2.5%
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SNTORIA(5213)
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9/11/2015
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RM0.91
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ACCUMULATE
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RM1.20
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RM0.91
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0.0%
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HEVEA (5095)
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9/11/2015
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RM1.36
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ACCUMULATE
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RM1.56
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RM1.35
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-0.8%
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SCGM (7247)
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11/11/2015
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RM2.94
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TAKE
PROFIT
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RM2.96
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+0.6%
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DIGI (6947)
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11/11/2015
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RM5.20
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ACCUMULATE
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RM6.00
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RM5.10
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-2.0%
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Performance
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Positive
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Negative
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Neutral
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