July 25, 2014

PBBANK - 1HFY14 Results Within Expectations

Stock Name: PBBANK
Company Name: PUBLIC BANK BHD
Research House: TAPrice Call: SELLTarget Price: 19.00



UNISEM - Recovery in Motion

Stock Name: UNISEM
Company Name: UNISEM (M) BHD
Research House: TAPrice Call: BUYTarget Price: 2.10



AIRPORT - Cost Escalation Post KLIA2 Opening

Stock Name: AIRPORT
Company Name: MALAYSIA AIRPORTS HOLDINGS BHD
Research House: TAPrice Call: SELLTarget Price: 7.82



GADANG - More upsides seen

Stock Name: GADANG
Company Name: GADANG HOLDINGS BHD
Research House: JF APEXPrice Call: BUYTarget Price: 2.57



CIMB - Loan loss provisions may trend higher in subsequent quarters

Stock Name: CIMB
Company Name: CIMB GROUP HOLDINGS BERHAD
Research House: MIDFPrice Call: HOLDTarget Price: 7.80



Daibochi - An interesting year ahead 2015

Stock Name: DAIBOCI
Company Name: DAIBOCHI PLASTIC & PACKAGING
Research House: MIDFPrice Call: HOLDTarget Price: 4.61



AIRPORT - KLIA2 depreciation hits as international passenger traffic stalls

Stock Name: AIRPORT
Company Name: MALAYSIA AIRPORTS HOLDINGS BHD
Research House: MIDFPrice Call: HOLDTarget Price: 8.02



MRCB - Acquiring remaining stakes

Stock Name: MRCB
Company Name: MALAYSIAN RESOURCES CORP
Research House: MIDFPrice Call: BUYTarget Price: 2.16



Protasco - Fundamental intact

Stock Name: PRTASCO
Company Name: PROTASCO BHD
Research House: MIDFPrice Call: BUYTarget Price: 2.90



PBBANK - ROE likely to continue to trend lower moving forward

Stock Name: PBBANK
Company Name: PUBLIC BANK BHD
Research House: MIDFPrice Call: HOLDTarget Price: 19.60



Unisem - Positive momentum priced-in

Stock Name: UNISEM
Company Name: UNISEM (M) BHD
Research House: MIDFPrice Call: BUYTarget Price: 1.60



July 23, 2014

BAT - “Ops Outlet” – Positive Impact on TIV

Stock Name: BAT
Company Name: BRITISH AMERICAN TOBACCO (M)
Research House: TAPrice Call: SELLTarget Price: 63.09



MAXIS - Disappointing Subscriber Traction & Service Revenue

Stock Name: MAXIS
Company Name: MAXIS BERHAD
Research House: TAPrice Call: SELLTarget Price: 7.34



WCT - New Contract Win After Long Drought

Stock Name: WCT
Company Name: WCT HOLDINGS BERHAD
Research House: TAPrice Call: HOLDTarget Price: 2.31



MAXIS - 2Q14: Lower non-service revenue

Stock Name: MAXIS
Company Name: MAXIS BERHAD
Research House: JF APEXPrice Call: HOLDTarget Price: 6.50



MAXIS - FY15 dividend likely to fall below 40 sen

Stock Name: MAXIS
Company Name: MAXIS BERHAD
Research House: MIDFPrice Call: HOLDTarget Price: 6.34



WCT Holdings - RM342m job from Petronas

Stock Name: WCT
Company Name: WCT HOLDINGS BERHAD
Research House: MIDFPrice Call: BUYTarget Price: 2.88



ZHULIAN - Another weak quarter...

Stock Name: ZHULIAN
Company Name: ZHULIAN CORPORATION BHD
Research House: ZJPrice Call: HOLDTarget Price: 2.62