Research Summary: 10 July 2014

Research Summary: 10 July 2014

Research House	Type	Company/Sector	Report Title	Rating/Call	Target
RHB	Sector update	Timber	Watch out for dry weather impact	Overweight
RHB	Sector update	Auto	Bumpy road ahead	Neutral
RHB	Eco highlights	Economic	Industrial Production rose in May, but Real GDP growth will likely grow at a more moderate pace in the 2Q
RHB	Eco highlights	Economic	Manufacturing sales weakened in May, as demand conditions softened
Maybank	Company update	UMW O&G	Maiden contract in Myanmar	Buy	RM5.15
Maybank	Company update	TSH Resources	Diligent planter	Hold	RM3.40
Maybank	Eco highlights	Economic	Figuring out “financial imbalances”
Maybank	Technical	Tecnic		Short-term buy
CIMB	Flash note	Prestariang	Money makes more money?	Add	RM2.53
CIMB	Flash note	UMW O&G	Take five? Not for this jack-up	Add	RM5.18
CIMB	Company note	Eco World	Property mover and shaker	Add	RM8.15
CIMB	Sector note	Plantations	NBPOL appeals to the suitors	Neutral
Kenanga	On radar	SCGM	Near-term catalysts priced in	Take profit	RM1.54
Kenanga	IPO Note	Tanah Makmur	Good value in flourishing planter	Not rated	RM1.60