December 21, 2012

Berjaya Land Berhad - 2QFY13 RESULTS - Boosted by low expenses

Stock Name: BJLAND
Company Name: BERJAYA LAND BHD
Research House: CIMBPrice Call: SELLTarget Price: 0.80



December 20, 2012

1Q/FY13 results - generally below expectations. Maintain Hold Call.

Stock Name: POHKONG
Company Name: POH KONG HOLDINGS BHD
Research House: MERCURYPrice Call: HOLDTarget Price: 0.47



Rolling out Subaru XV

Stock Name: TCHONG
Company Name: TAN CHONG MOTOR HOLDINGS BHD
Research House: MIDFPrice Call: HOLDTarget Price: 4.60



Bandar Cemerlang to be Launched Next Year

Stock Name: CRESNDO
Company Name: CRESCENDO CORPORATION BHD
Research House: TAPrice Call: HOLDTarget Price: 1.87



Lower Earnings on Depressed CPO Price

Stock Name: UMCCA
Company Name: UNITED MALACCA BHD
Research House: TAPrice Call: SELLTarget Price: 6.00



A Good Start, and More To Come

Stock Name: SCIENTX
Company Name: SCIENTEX BERHAD
Research House: TAPrice Call: BUYTarget Price: 3.57



December 19, 2012

Two Additional Draws in 2QFY13

Stock Name: BJTOTO
Company Name: BERJAYA SPORTS TOTO BHD
Research House: TAPrice Call: HOLDTarget Price: 5.05



Auto Report - December

Stock Name: MBMR
Company Name: MBM RESOURCES BHD
Research House: MIDFPrice Call: BUYTarget Price: 4.53



Reaping Fruits of Investments

Stock Name: UMCCA
Company Name: UNITED MALACCA BHD
Research House: TAPrice Call: SELLTarget Price: 6.00



MAS - New Order of 36 Turboprops

Stock Name: MAS
Company Name: MALAYSIAN AIRLINE SYSTEM BHD
Research House: MIDFPrice Call: HOLDTarget Price: 1.02



December 18, 2012

Sutaining growth momentum

Stock Name: KPJ
Company Name: KPJ HEALTHCARE BHD
Research House: MIDFPrice Call: BUYTarget Price: 6.86



Industry Consolidation Results in Better Yield

Stock Name: AIRASIA
Company Name: AIRASIA BHD
Research House: MIDFPrice Call: BUYTarget Price: 3.45



3QFYJan2013 results review

Stock Name: TA
Company Name: TA ENTERPRISE BHD
Research House: NETRESEARCHPrice Call: HOLDTarget Price: 0.60



Promising Growth Prospects in Thailand and Indonesia

Stock Name: KSK
Company Name: KSK GROUP BERHAD
Research House: TAPrice Call: HOLDTarget Price: 0.65



December 17, 2012

Good Prospects Ahead

Stock Name: KIANJOO
Company Name: KIAN JOO CAN FACTORY BHD
Research House: TAPrice Call: BUYTarget Price: 2.56



Update Report - 17 Dec 2012

Stock Name: SNTORIA
Company Name: SENTORIA GROUP BERHAD
Research House: NETRESEARCHPrice Call: BUYTarget Price: 0.89



Seeing Silver Lining?

Stock Name: MELEWAR
Company Name: MELEWAR INDUSTRIAL GROUP BHD
Research House: TAPrice Call: HOLDTarget Price: 0.325



MIDF cuts AirAsia's target price

Stock Name: AIRASIA
Company Name: AIRASIA BHD
Research House: MIDFPrice Call: BUYTarget Price: 3.45



MIDF Research lowered its target price on AirAsia Bhd to RM3.45 from RM3.84 after Asia's largest budget carrier purchased an additional 100 Airbus A320 aircraft.

"We foresee short-term headwinds due to more intense competition from new entrant into its home market and increased uncertainties due to the stock removal from the benchmark stock index," the research house said in a note on Monday.

However, MIDF said the 9.4 billion deal with Airbus would further enhance AirAsia's position as the cost leader in the low cost carriers (LCC) industry.

"Our take on AirAsia is that, in time, it might even overtake the position of Ryanair Holdings Plc in Europe and Southwest in North America as the global leader of LCC given its high order-book for aircraft, and the huge population in Asia which is still under served," MIDF said.

The research house maintained its 'buy' rating on AirAsia shares. By 0929 a.m. (0129 GMT), shares of AirAsia dropped 2.25 per cent to RM2.61, underperforming the benchmark stock index's 0.44 per cent fall. -- Reuters