Friday, November 20, 2015

Morning Call | 18 November 2015


FLOWS
Wednesday, 18 November, 2015
BUY
CIMB, MISC
SELL
FGV, IHH, AXIATA
STOCK ALERT
STOCK NAME
DATE
PRICE
BUY/SELL
TARGET PRICE
DOLPHIN (5265)
18/11/2015
RM0.785
ACCUMULATE
-
Dolphin (RM0.785) – bottom fishing for a big catch. Co has outstanding o/b of ard RM170m which shd sustain it for at least another yr and a clean balance sheet. Significantly cheaper val than mkt leader CBIP (12.6x), Dolphin trades at 4.8x PE current year. Despite challenging times for CPO players, Mngmnt sees avenues for growth and intends to capitalise on the prospects offered by the oil palm industries in Msian and Indo, which are the largest producers of palm oil in the world with planted areas of approximately 5.4m ha and 9.2m ha. Accumulate.
(DN)
 
 
Calls for  NOV WEEK 1 WEEK 2 2015
STOCK
Initiation Dates
Initiation price
BUY/SELL
TARGET PRICE
LAST PRICE
% Change since Initiated
SCGM (7247)
11/11/2015
RM2.94
TAKE PROFIT
 
RM2.82
-4.1%
DIGI (6947)
11/11/2015
RM5.20
ACCUMULATE
RM6.00
RM5.10
-2.0%
AHEALTH (7090)
12/11/2015
RM3.75
ACCUMULATE
RM4.20
RM3.75
0.0%
WEIDA (7111)
12/11/2015
RM1.94
                  TRIM
RM1.72
RM2.08
+7.2%
ENGTEX (5056)
13/11/2015
RM1.14
BUY on weakness
RM1.14
RM1.14
0.0%
FLBHD (5197)
13/11/2015
RM2.49
                  TRIM
RM2.49
RM2.45
-1.7%
UNISEM (5005)
16/11/2015
RM2.38
SELL into STR
RM2.38
RM2.36
-0.9%
MALAKOF(5264)
16/11/2015
RM1.65
ACCUMULATE
RM1.96
RM1.66
+0.6%
IJM (3336)
17/11/2015
RM3.25
ACCUMULATE
RM3.68
RM3.26
+0.3%
KNM (7164)
17/11/2015
RM0.51
ACCUMULATE
RM0.65
RM0.505
-1.0%

 

 

Performance
Positive
 
Negative
 
Neutral