November 16, 2012

A Good Start to FY13

Stock Name: HLBANK
Company Name: HONG LEONG BANK BHD
Research House: TAPrice Call: SELLTarget Price: 13.80



9M FY12 Well Within Estimates

Stock Name: AMWAY
Company Name: AMWAY (M) HOLDINGS BHD
Research House: TAPrice Call: SELLTarget Price: 12.25



Loan growth remained lacklustre

Stock Name: HLBANK
Company Name: HONG LEONG BANK BHD
Research House: MIDFPrice Call: HOLDTarget Price: 13.60



Margin Pressure

Stock Name: YSPSAH
Company Name: Y.S.P.SOUTHEAST ASIA HOLDING
Research House: TAPrice Call: HOLDTarget Price: 1.19



Bleak Outlook

Stock Name: FIBON
Company Name: FIBON BERHAD
Research House: TAPrice Call: SELLTarget Price: 0.31



Enters FPSO venture

Stock Name: PERISAI
Company Name: PERISAI PETROLEUM TEKNOLOGI
Research House: TAPrice Call: BUYTarget Price: 1.31



November 13, 2012

Update Report

Stock Name: SALCON
Company Name: SALCON BHD
Research House: NETRESEARCHPrice Call: BUYTarget Price: 0.78



November 12, 2012

3Q/FY12 results - within expectations. Maintain Hold Call.

Stock Name: HANDAL
Company Name: HANDAL RESOURCES BERHAD
Research House: MERCURYPrice Call: HOLDTarget Price: 0.45



3QFY12 Results Report

Stock Name: GWPLAST
Company Name: GW PLASTICS HLDG BHD
Research House: NETRESEARCHPrice Call: HOLDTarget Price: 1.19



Earnings Growth Is Uncertain

Stock Name: UNISEM
Company Name: UNISEM (M) BHD
Research House: TAPrice Call: SELLTarget Price: 1.00



Dairy Malaysia & Thailand, Near Term Catalyst

Stock Name: F&N
Company Name: FRASER & NEAVE HOLDINGS BHD
Research House: TAPrice Call: SELLTarget Price: 19.03



9M FY12 Results Broadly Within Expectations

Stock Name: MAYBANK
Company Name: MALAYAN BANKING BHD
Research House: TAPrice Call: BUYTarget Price: 11.30



Affin raises Gas Malaysia target price

Stock Name: GASMSIA
Company Name: GAS MALAYSIA BERHAD
Research House: AFFINPrice Call: BUYTarget Price: 3.00



Affin Investment Bank raised its target price on Gas Malaysia Bhd shares to RM3 from RM2.80 as the company has secured customers to take up all the additional gas supply for 2013 and 2014 financial years.

About 25 percent extra gas supply kicks in after Petronas Gas starts up its regasification plant in central Malaysia by end-January 2013, Affin said, helping Gas Malaysia lift revenue growth by 8.8 percent for both financial years.

Affin maintained its "add" call on the stock. Gas Malaysia shares were unchanged in morning trade, compared with the broader market that inched lower at 0158 GMT.

Gas Malaysia is the only firm licensed to supply and sell natural gas in mainland Malaysia where demand has been steadily growing. -- Reuters

Strong sales momentum intact

Stock Name: UOADEV
Company Name: UOA DEVELOPMENT BERHAD
Research House: MIDFPrice Call: BUYTarget Price: 2.07



Still a sequential increase in net profit in 3QFY12

Stock Name: MAYBANK
Company Name: MALAYAN BANKING BHD
Research House: MIDFPrice Call: BUYTarget Price: 10.20



LBS Bina Group - Transformed developer

Stock Name: LBS
Company Name: LBS BINA GROUP BHD
Research House: MIDFPrice Call: BUYTarget Price: 1.02



Replacing the void that Coke left

Stock Name: F&N
Company Name: FRASER & NEAVE HOLDINGS BHD
Research House: MIDFPrice Call: SELLTarget Price: 15.17