Stock Name: AFG
Company Name: ALLIANCE FINANCIAL GROUP BHD
Company Name: ALLIANCE FINANCIAL GROUP BHD
| Research House: MIDF | Price Call: HOLD | Target Price: 4.50 |
June 14, 2013
Latex Margin Compression
Stock Name: TOPGLOV
Company Name: TOP GLOVE CORPORATION BHD
Company Name: TOP GLOVE CORPORATION BHD
| Research House: TA | Price Call: BUY | Target Price: 7.10 |
Tie up with Manulife Insurance Bhd
Stock Name: AFG
Company Name: ALLIANCE FINANCIAL GROUP BHD
Company Name: ALLIANCE FINANCIAL GROUP BHD
| Research House: TA | Price Call: SELL | Target Price: 4.60 |
MIDF downgrades Top Glove to 'neutral'
Stock Name: TOPGLOV
Company Name: TOP GLOVE CORPORATION BHD
MIDF Research has downgraded Top Glove Corp Bhd, the world's largest rubber glove maker, to 'neutral' from 'buy' as it sees a limited upside following the strengthening of the company's shares recently.
The stock has gained 12.8 per cent since the beginning of the year, according to data by Thomson Reuters, with eight 'buy' recommendations and one 'sell', MIDF, in a report on Friday, said.
Top Glove's net earnings for the nine months ended May 31 fell below expectations, as the company lowered its product prices. The brokerage maintained its target price of RM6.05 for Top Glove.
Shares of the company were down 1.26 per cent to RM6.26 while the benchmark index was up 0.67 per cent at 9.17am.-- Reuters
Company Name: TOP GLOVE CORPORATION BHD
| Research House: MIDF | Price Call: HOLD | Target Price: 6.05 |
MIDF Research has downgraded Top Glove Corp Bhd, the world's largest rubber glove maker, to 'neutral' from 'buy' as it sees a limited upside following the strengthening of the company's shares recently.
The stock has gained 12.8 per cent since the beginning of the year, according to data by Thomson Reuters, with eight 'buy' recommendations and one 'sell', MIDF, in a report on Friday, said.
Top Glove's net earnings for the nine months ended May 31 fell below expectations, as the company lowered its product prices. The brokerage maintained its target price of RM6.05 for Top Glove.
Shares of the company were down 1.26 per cent to RM6.26 while the benchmark index was up 0.67 per cent at 9.17am.-- Reuters
Affin raises SP Setia to 'trading buy'
Stock Name: SPSETIA
Company Name: SP SETIA BHD
Affin Investment Bank upgraded SP Setia Bhd to 'trading buy' from 'add', citing higher annual property sales going forward in view of the company's strong year-to-date sales and improved property market sentiment post election.
The research house also raised its target price on the shares of the company to RM4.14 from RM3.35.
"We view SP Setia as an attractive laggard play," the research house said in a note on Friday.
"Its share price has grossly underperformed peers despite its commendable, record year to date property sales."
Moving forward, Affin said it believes investors will shift their focus from the likely retirement of SP Setia's chief executive Liew Kee Sin to the company's strong fundamentals.
Shares of the company rose 0.3 per cent to RM3.39, underpeforming the KL property benchmark index's 1.28 per cent rise.-- Reuters
Company Name: SP SETIA BHD
| Research House: AFFIN | Price Call: BUY | Target Price: 4.14 |
Affin Investment Bank upgraded SP Setia Bhd to 'trading buy' from 'add', citing higher annual property sales going forward in view of the company's strong year-to-date sales and improved property market sentiment post election.
The research house also raised its target price on the shares of the company to RM4.14 from RM3.35.
"We view SP Setia as an attractive laggard play," the research house said in a note on Friday.
"Its share price has grossly underperformed peers despite its commendable, record year to date property sales."
Moving forward, Affin said it believes investors will shift their focus from the likely retirement of SP Setia's chief executive Liew Kee Sin to the company's strong fundamentals.
Shares of the company rose 0.3 per cent to RM3.39, underpeforming the KL property benchmark index's 1.28 per cent rise.-- Reuters
June 13, 2013
Strong numbers at operating level
Stock Name: ASTRO
Company Name: ASTRO MALAYSIA HOLDINGS BERHAD
Company Name: ASTRO MALAYSIA HOLDINGS BERHAD
| Research House: MIDF | Price Call: BUY | Target Price: 3.40 |
Hartalega - Land acquisition for NGC sealed
Stock Name: HARTA
Company Name: HARTALEGA HOLDINGS BHD
Company Name: HARTALEGA HOLDINGS BHD
| Research House: MIDF | Price Call: HOLD | Target Price: 5.85 |
Prepare for Takeoff
Stock Name: HARTA
Company Name: HARTALEGA HOLDINGS BHD
Company Name: HARTALEGA HOLDINGS BHD
| Research House: TA | Price Call: BUY | Target Price: 7.15 |
June 12, 2013
June 11, 2013
Lacking Short Term Catalyst
Stock Name: STAR
Company Name: STAR PUBLICATIONS (M) BHD
Company Name: STAR PUBLICATIONS (M) BHD
| Research House: TA | Price Call: SELL | Target Price: 2.72 |
June 10, 2013
Update Report
Stock Name: SNTORIA
Company Name: SENTORIA GROUP BERHAD
Company Name: SENTORIA GROUP BERHAD
| Research House: NETRESEARCH | Price Call: BUY | Target Price: 0.80 |
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