Bursa Malaysia Stock Price Target: 2015

KUALA LUMPUR: Tenaga Nasional Bhd (TNB) shares on Bursa Malaysia rose this morning on news of an expected increase in electricity demand, moving forward.

As at 10.01 am, the counter rose eight sen to RM14.40 with 1.03 million shares changing hands.

AffinHwang Investment Bank said there could be a positive surprise in TNB's second quarter earnings, primarily due to a favourable fuel mix due to good hydro power output.

"We believe electricity demand growth could yet pick up while earnings visibility should remain strong," it said in a research note today.

The investment bank has maintained its 'buy' call on TNB with an unchanged target price of RM17.50.

- Bernama

April 6, 2015

Could Just be a Temporary Setback

Stock Name: WCT
Company Name: WCT HOLDINGS BERHAD

Research House: TA

Price Call: HOLD

Target Price: 1.73

Issuing 524 4m shares to Khazanah

Stock Name: UEMS
Company Name: UEM SUNRISE BERHAD

Research House: MIDF

Price Call: HOLD

Target Price: 1.35

Illustrative Sunway Construction IPO Retail Price At RM1.10

Stock Name: SUNWAY
Company Name: SUNWAY BERHAD

Research House: MIDF

Price Call: BUY

Target Price: 3.97

Imaspro Corporation - UPDATE REPORT - A new major shareholder

Stock Name: IMASPRO
Company Name: IMASPRO CORPORATION BHD

Research House: CIMB

Price Call: SELL

Target Price: 1.74

April 3, 2015

01QCY15 Contract Awards Stats

Stock Name: IJM
Company Name: IJM CORPORATION BHD

Research House: MIDF

Price Call: BUY

Target Price: 7.50

Subdued Trends

Stock Name: MAYBANK
Company Name: MALAYAN BANKING BHD

Research House: TA

Price Call: BUY

Target Price: 10.90

Into The Exhibition of Marvel’s The AVENGERS STATION

Stock Name: STAR
Company Name: STAR PUBLICATIONS (M) BHD

Research House: TA

Price Call: SELL

Target Price: 2.52

April 2, 2015

Core stability and peripheral growth

Stock Name: HLFG
Company Name: HONG LEONG FINANCIAL GROUP BHD

Research House: MIDF

Price Call: BUY

Target Price: 19.50

Riding the Wave

Stock Name: INARI
Company Name: INARI AMERTRON BERHAD

Research House: TA

Price Call: BUY

Target Price: 4.10

Lowered FY15 Earnings

Stock Name: PARKSON
Company Name: PARKSON HOLDINGS BHD

Research House: TA

Price Call: SELL

Target Price: 2.30

Raises Selling Prices Due to GST

Stock Name: BAT
Company Name: BRITISH AMERICAN TOBACCO (M)

Research House: TA

Price Call: SELL

Target Price: 73.15

April 1, 2015

A swift end to the Intergraxs battle

Stock Name: TENAGA
Company Name: TENAGA NASIONAL BHD

Research House: MIDF

Price Call: BUY

Target Price: 17.20

March 31, 2015

EO-Improved Outlook With Higher New Property Sales For FY15-MIDF-310315

Stock Name: E&O
Company Name: EASTERN & ORIENTAL BHD

Research House: MIDF

Price Call: HOLD

Target Price: 2.05

Astro-Generous Dividend Payout-MIDF-310315

Stock Name: ASTRO
Company Name: ASTRO MALAYSIA HOLDINGS BERHAD

Research House: MIDF

Price Call: HOLD

Target Price: 3.53

Group CEO Retires

Stock Name: AFFIN
Company Name: AFFIN HOLDINGS BHD

Research House: TA

Price Call: SELL

Target Price: 3.05

March 30, 2015

Mutual Agreement to End Distribution of Red Bull

Stock Name: F&N
Company Name: FRASER & NEAVE HOLDINGS BHD

Research House: TA

Price Call: SELL

Target Price: 19.44

AAX Turnaround Resting on Mgnts Shoulders

Stock Name: AAX
Company Name: AIRASIA X BERHAD

Research House: MIDF

Price Call: BUY

Target Price: 0.49

March 27, 2015

Construction and Property Divisions Slowing Down

Stock Name: GAMUDA
Company Name: GAMUDA BHD

Research House: TA

Price Call: SELL

Target Price: 4.92

A gem losing its shine

Stock Name: GAMUDA
Company Name: GAMUDA BHD

Research House: MIDF

Price Call: BUY

Target Price: 4.83

Secured RM291mn of Waste Water Treatment Plant Construction Works

Stock Name: BPURI
Company Name: BINA PURI HOLDINGS BHD

Research House: TA

Price Call: BUY

Target Price: 0.67

CMS shares up on acquisition proposal

Stock Name: CMSB
Company Name: CAHYA MATA SARAWAK BHD

Research House: MAYBANK

Price Call: BUY

Target Price: 5.00

KUALA LUMPUR: Cahya Mata Sarawak Bhd's (CMS) shares rose in the early session after its wholly-owned unit, Samalaju Industries Sdn Bhd (SISB), proposed to acquire an additional five per cent stake in OM Materials (S) Pte Ltd (OMS) from OM Holdings Ltd for US$18.45 million.

At 11 am, CMS's share price was up four sen to RM4.51 with 112,200 shares changing hands.

The acquisition, expected to complete by end-March this year, would increase SISB's stake in the ferrosilicon manganese alloy smelting plant in the Samalaju Industrial Park, Sarawak to 25 per cent with the remaining 75 per cent owned by OM Holdings.

Maybank Investment Bank views the deal as positive, saying it would enhance recurring income from CMS' investments in the Sarawak Corridor of Renewable Energy (SCORE).

"We estimate 3-5.5 per cent potential upside to CMS' financial years 2015-2017 earnings per share forecasts from the acquisition," it said in a research note today.

In addition, it said OM Holdings would redeploy the proceeds from this disposal for the development of OMS phase II to further enhance earnings.

Maybank Investment said despite the lacklustre ferrosilicon price, OMS would still be able to remain profitable due to its low cost structure as it leverages on the low energy cost in Sarawak.

The investment bank has reiterated its 'buy' call on CMS with a target price of RM5.00. - Bernama

March 26, 2015

Clearer Skies in 2H15

Stock Name: AIRASIA
Company Name: AIRASIA BHD

Research House: TA

Price Call: BUY

Target Price: 3.44

Cost Efficiency To Support Higher Dividend

Stock Name: IGBREIT
Company Name: IGB REAL ESTATE INV TRUST

Research House: MIDF

Price Call: BUY

Target Price: 1.46

3Q Profit Rocked by Low FFB Harvest

Stock Name: UMCCA
Company Name: UNITED MALACCA BHD

Research House: TA

Price Call: BUY

Target Price: 7.38

2QFY15 Results Update

Stock Name: POHKONG
Company Name: POH KONG HOLDINGS BHD

Research House: NETRESEARCH

Price Call: BUY

Target Price: 0.78

March 25, 2015

Crude Oil Price Turbulence Rocking The Boat

Stock Name: SKPETRO
Company Name: SAPURAKENCANA PETROLEUM BHD

Research House: TA

Price Call: BUY

Target Price: 3.05

Cautious Mood Ahead

Stock Name: NAIM
Company Name: NAIM HOLDINGS BHD

Research House: TA

Price Call: SELL

Target Price: 2.96

A bargain to wager on

Stock Name: SKPETRO
Company Name: SAPURAKENCANA PETROLEUM BHD

Research House: MIDF

Price Call: BUY

Target Price: 3.39

Divestment of 10% Stake in Delhi International Airport

Stock Name: AIRPORT
Company Name: MALAYSIA AIRPORTS HOLDINGS BHD

Research House: MIDF

Price Call: HOLD

Target Price: 7.53

Slower TIV & TIP on CNY break and weak demand

Stock Name: UMW
Company Name: UMW HOLDINGS BHD

Research House: MIDF

Price Call: HOLD

Target Price: 12.00

Endeavour to survive

Stock Name: HAIO
Company Name: HAI-O ENTERPRISE BHD

Research House: JF APEX

Price Call: SELL

Target Price: 1.90

Lower 4Q on exceptional items

Stock Name: SKPETRO
Company Name: SAPURAKENCANA PETROLEUM BHD

Research House: JF APEX

Price Call: BUY

Target Price: 3.21

March 24, 2015

Crystalising Airport Investment

Stock Name: AIRPORT
Company Name: MALAYSIA AIRPORTS HOLDINGS BHD

Research House: TA

Price Call: SELL

Target Price: 6.74

Extending Footprint in India

Stock Name: IHH
Company Name: IHH HEALTHCARE BERHAD

Research House: TA

Price Call: SELL

Target Price: 5.10

Expansion on Track

Stock Name: SCIENTX
Company Name: SCIENTEX BERHAD

Research House: TA

Price Call: BUY

Target Price: 8.57

AirAsia shares actively traded on higher earnings

Stock Name: AIRASIA
Company Name: AIRASIA BHD

Research House: ALLIANCE

Price Call: BUY

Target Price: 2.60

KUALA LUMPUR: AirAsia Bhd shares were actively traded this morning on expectation of better earnings from higher fuel cost savings.

At 10.25 am, AirAsia shares were two sen better at RM2.20 with 5.46 million shares changed hands.

AllianceDBS Research said fuel cost savings were not apparent in the fourth quarter financial year 2014 due to previous fuel hedges made at a higher price of US$115 per barrel and the stronger greenback.

"We expect fuel cost savings to be more apparent starting in the first quarter financial year 2015, given the cheaper average hedged cost of US$98 per barrel.

"This is expected to further fall to US$88, US$84 and US$84 per barrel in the second, third and fourth quarter respectively," it said in a research note today.

The research house said other developments including the potential of the airline company selling a stake in its leasing arm to strategic investors following a successful divestment of a 25 per cent stake in AAE Travel Pte Ltd (AAE) to Expedia Inc for US$86.25 million.

It said the disposal was to realise the value from AirAsia fleet of aircraft and could fetch a valuation of US$300 million, assuming only 45 aircraft were injected into it.

AllianceDBS has upgrade AirAsia to a "Buy" from "Hold" but maintained the target price at RM2.60. - BERNAMA

March 23, 2015

High on expectations

Stock Name: BJAUTO
Company Name: BERJAYA AUTO BERHAD

Research House: MIDF

Price Call: BUY

Target Price: 4.70

The Star-Sin Chew ePaper

Stock Name: STAR
Company Name: STAR PUBLICATIONS (M) BHD

Research House: TA

Price Call: SELL

Target Price: 2.52

March 20, 2015

Resilient to withstand challenges

Stock Name: LPI
Company Name: LPI CAPITAL BHD

Research House: MIDF

Price Call: HOLD

Target Price: 13.18

Net Profit Jumped 29.5% in 1QFY15

Stock Name: POHUAT
Company Name: POH HUAT RESOURCES HOLDINGS

Research House: TA

Price Call: BUY

Target Price: 2.62

March 19, 2015

Higher earnings supported by improved margins

Stock Name: TOPGLOV
Company Name: TOP GLOVE CORPORATION BHD

Research House: MIDF

Price Call: BUY

Target Price: 5.95

Doubling of bottom line

Stock Name: PRTASCO
Company Name: PROTASCO BHD

Research House: MIDF

Price Call: BUY

Target Price: 2.45

GLOMAC-Disappointing new sales but expect better pace in 4QFY15-MIDF-190315

Stock Name: GLOMAC
Company Name: GLOMAC BHD

Research House: MIDF

Price Call: HOLD

Target Price: 1.06

1HFY15: Riding the tailwinds

Stock Name: TOPGLOV
Company Name: TOP GLOVE CORPORATION BHD

Research House: JF APEX

Price Call: BUY

Target Price: 6.20

On a Better Footing

Stock Name: TOPGLOV
Company Name: TOP GLOVE CORPORATION BHD

Research House: TA

Price Call: BUY

Target Price: 6.10

Headline net profit boosted by fair value gains

Stock Name: GLOMAC
Company Name: GLOMAC BHD

Research House: TA

Price Call: SELL

Target Price: 0.77

Strong Defensive Stock

Stock Name: BJTOTO
Company Name: BERJAYA SPORTS TOTO BHD

Research House: TA

Price Call: BUY

Target Price: 4.00

March 18, 2015

GST Exemption For Commercial Rental Below RM500k

Stock Name: AXREIT
Company Name: AXIS REITS

Research House: MIDF

Price Call: HOLD

Target Price: 3.50

March 17, 2015

Proposes rights and bonus issues

Stock Name: WCT
Company Name: WCT HOLDINGS BERHAD

Research House: MIDF

Price Call: BUY

Target Price: 1.84

Continued focus on Indonesian estates

Stock Name: TSH
Company Name: TSH RESOURCES BHD

Research House: MIDF

Price Call: HOLD

Target Price: 2.16

More contracts in the bag

Stock Name: SENDAI
Company Name: EVERSENDAI CORPORATION BERHAD

Research House: MIDF

Price Call: HOLD

Target Price: 0.78

March 16, 2015

No earnings surprises

Stock Name: BIMB
Company Name: BIMB HOLDINGS BHD

Research House: MIDF

Price Call: HOLD

Target Price: 3.96

Challenging environment ahead

Stock Name: FGV
Company Name: FELDA GLOBAL VENTURES HLDG BHD

Research House: MIDF

Price Call: HOLD

Target Price: 2.44

3QFY15 results below expectation. Stock suspended pending delisting following privatization exercise.

Stock Name: DELLOYD
Company Name: DELLOYD VENTURES BHD

Research House: ZJ

Price Call: HOLD

Target Price: 5.13

March 13, 2015

Retracement in share price an opportunity to accumulate

Stock Name: WCT
Company Name: WCT HOLDINGS BERHAD

Research House: MIDF

Price Call: BUY

Target Price: 1.84

March 12, 2015

CCK Consolidated Holdings Bhd RR 4Q FY 2014

Stock Name: CCK
Company Name: CCK CONSOLIDATED HOLDINGS BHD

Research House: WILSON & YORK

Price Call: HOLD

Target Price: 0.98

Expect lower new sales in FY15

Stock Name: SPSETIA
Company Name: SP SETIA BHD

Research House: MIDF

Price Call: HOLD

Target Price: 3.33

FABER-New Concessions Agreement in place-MIDF-120315

Stock Name: FABER
Company Name: FABER GROUP BHD

Research House: MIDF

Price Call: HOLD

Target Price: 3.35

March 11, 2015

OG-Sector to be more efficient

Stock Name: SKPETRO
Company Name: SAPURAKENCANA PETROLEUM BHD

Research House: MIDF

Price Call: BUY

Target Price: 3.70

Potential gains from forex exposure

Stock Name: FABER
Company Name: FABER GROUP BHD

Research House: MIDF

Price Call: HOLD

Target Price: 3.35

Subdued February Despite CNY

Stock Name: AIRPORT
Company Name: MALAYSIA AIRPORTS HOLDINGS BHD

Research House: MIDF

Price Call: HOLD

Target Price: 7.53

March 10, 2015

Secures Infra Works for Lusail Development in Qatar

Stock Name: WCT
Company Name: WCT HOLDINGS BERHAD

Research House: TA

Price Call: SELL

Target Price: 1.52

“1 in 5” Aspiration

Stock Name: AFFIN
Company Name: AFFIN HOLDINGS BHD

Research House: TA

Price Call: SELL

Target Price: 3.05

Proposed Private Placement

Stock Name: CMMT
Company Name: CAPITAMALLS MALAYSIA TRUST

Research House: TA

Price Call: HOLD

Target Price: 1.69

Hopeful of Record Breaking Contract Wins in 2015

Stock Name: SENDAI
Company Name: EVERSENDAI CORPORATION BERHAD

Research House: TA

Price Call: BUY

Target Price: 1.10

Proposed RM395.5m Placement To Fund Tropicana Purchase

Stock Name: CMMT
Company Name: CAPITAMALLS MALAYSIA TRUST

Research House: MIDF

Price Call: HOLD

Target Price: 1.66

Limited rerating catalyst in the near term

Stock Name: AFFIN
Company Name: AFFIN HOLDINGS BHD

Research House: MIDF

Price Call: HOLD

Target Price: 3.15

PPB Group Bhd RR 4Q FY 2014

Stock Name: PPB
Company Name: PPB GROUP BHD

Research House: WILSON & YORK

Price Call: HOLD

Target Price: 16.38

March 6, 2015

Secured RM128.5mn of Resort Construction Works

Stock Name: BPURI
Company Name: BINA PURI HOLDINGS BHD

Research House: TA

Price Call: BUY

Target Price: 0.67

NPC Resources Bhd RR 4Q FY 2014

Stock Name: NPC
Company Name: NPC RESOURCES BHD

Research House: WILSON & YORK

Price Call: HOLD

Target Price: 2.40

March 4, 2015

No near term re-rating catalyst

Stock Name: STAR
Company Name: STAR PUBLICATIONS (M) BHD

Research House: MIDF

Price Call: HOLD

Target Price: 2.50

Proposed Unit Split 20 Placement and Reinvestment Plan

Stock Name: AXREIT
Company Name: AXIS REITS

Research House: MIDF

Price Call: HOLD

Target Price: 3.50

Semiconductor-January Sales

Stock Name: UNISEM
Company Name: UNISEM (M) BHD

Research House: MIDF

Price Call: BUY

Target Price: 2.37

March 3, 2015

Peanut oil growth story to be continued

Stock Name: XINGHE
Company Name: KEY WEST GLOBAL TELECOMM

Research House: MIDF

Price Call: HOLD

Target Price: 0.17

RM269 2m Landmark contract in Qatar

Stock Name: SENDAI
Company Name: EVERSENDAI CORPORATION BERHAD

Research House: MIDF

Price Call: HOLD

Target Price: 0.78

4QFY14 - Results Update

Stock Name: GRANFLO
Company Name: GRAND-FLO BERHAD

Research House: NETRESEARCH

Price Call: HOLD

Target Price: 0.31

Investments to Start Bearing Fruit Soon

Stock Name: MBMR
Company Name: MBM RESOURCES BHD

Research House: TA

Price Call: HOLD

Target Price: 3.60

Keep Winning New Jobs

Stock Name: SENDAI
Company Name: EVERSENDAI CORPORATION BERHAD

Research House: TA

Price Call: BUY

Target Price: 1.10

Cautious Ahead!

Stock Name: CARLSBG
Company Name: CARLSBERG BREWERY MALAYSIA BHD

Research House: TA

Price Call: SELL

Target Price: 11.89

4Q/FY14 results - below expectations. Maintain Hold Call.

Stock Name: YKGI
Company Name: YKGI HOLDINGS BERHAD

Research House: MERCURY

Price Call: HOLD

Target Price: 0.23

March 2, 2015

Construction and Property Margins Improved in 4Q14

Stock Name: BPURI
Company Name: BINA PURI HOLDINGS BHD

Research House: TA

Price Call: BUY

Target Price: 0.735

4Q14: Shocking Loss

Stock Name: KGB
Company Name: KELINGTON GROUP BERHAD

Research House: JF APEX

Price Call: HOLD

Target Price: 0.44

Dividend Surprise in 3Q15

Stock Name: LITRAK
Company Name: LINGKARAN TRANS KOTA HOLDINGS

Research House: MIDF

Price Call: BUY

Target Price: 4.56

Fell Into Red in 2QFY15

Stock Name: KWANTAS
Company Name: KWANTAS CORPORATION BHD

Research House: TA

Price Call: SELL

Target Price: 1.60

Operating environment remains challenging

Stock Name: LIONIND
Company Name: LION INDUSTRIES CORPORATION

Research House: MIDF

Price Call: HOLD

Target Price: 0.46

A weak end to a good year

Stock Name: KPJ
Company Name: KPJ HEALTHCARE BHD

Research House: MIDF

Price Call: HOLD

Target Price: 4.05

Indonesian operations turning around

Stock Name: IJMPLNT
Company Name: IJM PLANTATIONS BHD

Research House: MIDF

Price Call: HOLD

Target Price: 3.78

Stronger earnings trajectory ahead

Stock Name: IJM
Company Name: IJM CORPORATION BHD

Research House: MIDF

Price Call: BUY

Target Price: 7.50

Eyes on RM800m Kuching wastewater project

Stock Name: HSL
Company Name: HOCK SENG LEE BHD

Research House: MIDF

Price Call: BUY

Target Price: 2.06

Results post-consolidation of Opus and Propel

Stock Name: FABER
Company Name: FABER GROUP BHD

Research House: MIDF

Price Call: BUY

Target Price: 3.35

9MFY15 earnings missed significantly

Stock Name: E&O
Company Name: EASTERN & ORIENTAL BHD

Research House: MIDF

Price Call: SELL

Target Price: 1.88

Expect better earnings ahead

Stock Name: CIMB
Company Name: CIMB GROUP HOLDINGS BERHAD

Research House: MIDF

Price Call: HOLD

Target Price: 6.20

Banking on affordable housing

Stock Name: LBS
Company Name: LBS BINA GROUP BHD

Research House: JF APEX

Price Call: BUY

Target Price: 2.03

Looking beyond FY2015

Stock Name: IJMLAND
Company Name: IJM LAND BERHAD

Research House: JF APEX

Price Call: HOLD

Target Price: 3.55

9MFY15: Slightly below our expectation

Stock Name: IJMPLNT
Company Name: IJM PLANTATIONS BHD

Research House: JF APEX

Price Call: HOLD

Target Price: 3.42

FY14: Ended on a weaker note

Stock Name: SUPERMX
Company Name: SUPERMAX CORPORATION BHD

Research House: JF APEX

Price Call: HOLD

Target Price: 2.07

Margin Compression A Key Challenge

Stock Name: UNIMECH
Company Name: UNIMECH GROUP BHD

Research House: TA

Price Call: SELL

Target Price: 1.45

Mudajaya - 4QFY14 RESULTS - Raising the red flag for FY14

Stock Name: MUDAJYA
Company Name: MUDAJAYA GROUP BHD

Research House: CIMB

Price Call: SELL

Target Price: 1.26

4QFY14 Results Update

Stock Name: NHFATT
Company Name: NEW HOONG FATT HOLDINGS BHD

Research House: NETRESEARCH

Price Call: BUY

Target Price: 3.20

4QFY14 Results Update

Stock Name: SOP
Company Name: SARAWAK OIL PALMS BHD

Research House: NETRESEARCH

Price Call: HOLD

Target Price: 6.00

Disappointing Earnings

Stock Name: SUPERMX
Company Name: SUPERMAX CORPORATION BHD

Research House: TA

Price Call: SELL

Target Price: 2.05

No Surprise

Stock Name: LITRAK
Company Name: LINGKARAN TRANS KOTA HOLDINGS

Research House: TA

Price Call: HOLD

Target Price: 4.18

Closing on a High

Stock Name: KPJ
Company Name: KPJ HEALTHCARE BHD

Research House: TA

Price Call: BUY

Target Price: 4.60

Disappointing Construction Margin

Stock Name: TRC
Company Name: TRC SYNERGY BHD

Research House: TA

Price Call: SELL

Target Price: 0.45

It’s a Challenging Year

Stock Name: UMW
Company Name: UMW HOLDINGS BHD

Research House: TA

Price Call: HOLD

Target Price: 11.90

Sizeable Construction Order Book in Hand

Stock Name: IJM
Company Name: IJM CORPORATION BHD

Research House: TA

Price Call: HOLD

Target Price: 7.79

Strong Finish for FY14

Stock Name: CARLSBG
Company Name: CARLSBERG BREWERY MALAYSIA BHD

Research House: TA

Price Call: SELL

Target Price: 11.42

Solid Comeback

Stock Name: BSTEAD
Company Name: BOUSTEAD HOLDINGS BHD

Research House: TA

Price Call: BUY

Target Price: 6.14

9MFY15 Results Within Our Expectation

Stock Name: IJMPLNT
Company Name: IJM PLANTATIONS BHD

Research House: TA

Price Call: BUY

Target Price: 4.26

Kitchen Sinking Exercise

Stock Name: CIMB
Company Name: CIMB GROUP HOLDINGS BERHAD

Research House: TA

Price Call: BUY

Target Price: 6.60

February 25, 2015

4QFY14 Results Update

Stock Name: GUH
Company Name: GUH HOLDINGS BHD

Research House: NETRESEARCH

Price Call: BUY

Target Price: 1.70

DCR Compression is Real

Stock Name: UMWOG
Company Name: UMW OIL & GAS CORPORATION BHD

Research House: TA

Price Call: SELL

Target Price: 2.94

A Washout Year

Stock Name: FGV
Company Name: FELDA GLOBAL VENTURES HLDG BHD

Research House: TA

Price Call: SELL

Target Price: 2.48

Modest Growth Ahead

Stock Name: NESTLE
Company Name: NESTLE (M) BHD

Research House: TA

Price Call: SELL

Target Price: 59.00

ASP and Margin Headwinds

Stock Name: PCHEM
Company Name: PETRONAS CHEMICALS GROUP BHD

Research House: TA

Price Call: SELL

Target Price: 4.76

CPO and FFB output continued rising

Stock Name: TSH
Company Name: TSH RESOURCES BHD

Research House: MIDF

Price Call: HOLD

Target Price: 2.40

Poor performance due to depressed charter rates

Stock Name: MAYBULK
Company Name: MALAYSIAN BULK CARRIERS BHD

Research House: MIDF

Price Call: HOLD

Target Price: 1.28

Downward pressure on ASP to persists in 2015

Stock Name: PCHEM
Company Name: PETRONAS CHEMICALS GROUP BHD

Research House: MIDF

Price Call: HOLD

Target Price: 5.01

Three consecutive years of double-digit sales growth

Stock Name: GTRONIC
Company Name: GLOBETRONICS TECHNOLOGY BHD

Research House: MIDF

Price Call: BUY

Target Price: 5.45

Profit tumbled on higher non-cash treatments

Stock Name: FGV
Company Name: FELDA GLOBAL VENTURES HLDG BHD

Research House: MIDF

Price Call: HOLD

Target Price: 2.94