Thursday, November 5, 2015

Morning Call | 4 November 2015


FLOWS
Wednesday, 4 November 2015
BUY
SKPETRO, MAYBANK, PCHEM
SELL
DIGI, TM
STOCK ALERT
STOCK NAME
DATE
PRICE
BUY/SELL
TARGET PRICE
CYPARK (5184)
4/11/2015
RM1.89
BUY
RM2.20
Continues to realize its RE potential after awarding KNM Process Systems Sdn Bhd a contract worth RM268.38 million. The contract entailed EPCC works in respect of the solid waste modular advanced recovery and treatment systems waste management solutions at Negeri Sembilan.  Once the project is completed in 2017, Cypark should be able to generate recurring revenue of RM80m annually from the project. Price has been slowly creeping up after the ann with an initial target of RM2.20.  Potentially trading at a PE of 7.8x 2017 . BUY
(DN)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
KSL (5038)
4/11/2015
RM1.66
         ACCUMULATE
RM2.08
KSL (RM1.66) The property index which has been battered for the most of 2015 finally begun to show a sustainable rebound since late Aug. KSL remains one of the cheapest plays into this recovery with their ability to price their products more competitively compared to peers targeting the affordable segment particularly in the saturated Johor market. The build up of investment assets has also expanded their recurring income base to now more than 25% of group profits. Trading at 5.6x PE and 6.8% yield we recommend accumulate with a target of 7x PE or RM2.08.
(DN)
 
 
 
Calls for  OCT WEEK 4 2015
STOCK
Initiation Dates
Initiation price
BUY/SELL
TARGET PRICE
LAST PRICE
% Change since Initiated
CANONE (5105)
28/10/2015
RM3.06
TRIM
RM2.80
RM3.51
+14.7%
PADINI (7052)
28/10/2015
RM1.59
TRIM
RM1.45
RM1.59
0.0%
PANTECH (5125)
29/10/2015
RM0.655
BUY
RM0.82
RM0.65
-0.8%
TAANN(5012)
29/10/2015
RM3.88
BUY
RM4.40
RM3.86
-0.6%
ECONBHD (5253)
30/10/2015
RM1.01
BUY
RM1.24
RM1.06
+4.9%
SCIENTX (4731)
30/10/2015
RM7.66
TRIM
-
RM7.68
+0.2%
TITIJYA (5239)
2/11/2015
RM1.72
ACCUMULATE
RM2.13
RM1.76
+2.3%
KKB (9466)
2/11/2015
RM1.71
TRIM
-
RM1.71
0.0%
MYEG (0138)
3/11/2015
RM2.98
Take Profit
-
RM2.93
-1.7
DELEUM(5132)
3/11/2015
RM1.31
ACCUMULATE
-
RM1.33
+1.5%
 
 
Performance
Positive
 
Negative
 
Neutral