|
Research House
|
Type
|
Company/Sector
|
Report Title
|
Rating/Call
|
Target
|
|
RHB
|
Company update
|
Jaya Tiasa
|
Fundamentals improve
|
Buy
|
RM2.95
|
|
CIMB
|
Flash note
|
UMW O&G
|
Seven up!
|
Add
|
RM518
|
|
CIMB
|
Company note
|
Uzma
|
Innovation-fuelled growth
|
Add
|
RM4.68
|
|
Maybank
|
Technical
|
SP Setia
|
|
Short-term buy
|
|
|
Maybank
|
Sector update
|
Property
|
Sentiment still strong, BUT…
|
Neutral
|
N/A
|
|
Maybank
|
Company update
|
Eco World
|
Strengthening presence in Semenyih
|
Buy
|
RM6.59
|
|
Maybank
|
Company update
|
SP Setia
|
Something’s brewing?
|
Hold
|
RM3.36
|
|
Kenanga
|
Quick bites
|
Uzma
|
M&A #1 fulfilled
|
Outperform
|
RM4.30
|
|
Kenanga
|
Quick bites
|
Axiata
|
Bye-bye samart i-Mobile
|
Market perform
|
RM6.96
|
Welcome to Bursa Malaysia/KLSE Research Summary
Thursday, July 3, 2014
Research Summary: 3 July 2014
Research Summary: 3 July 2014
Wednesday, July 2, 2014
Kenanga Sector Update
Kenanga Sector Update (2 July 2014)
Special thanks to Siao Ping to supply the reports.
|
Sector
|
Rating
|
Remarks
|
|
Building materials – “steel”ing ahead
|
Overweight
|
Preferred
pick: Ann Joo
|
|
Construction – still cheap in a cyclical boom
|
Overweight
|
Top pick: Gamuda
Favour: Mitrajaya
|
|
Gaming – From Korea to Las Vegas
|
Overweight
|
Top pick: Genting
Prefer BJTOTO over Magnum
|
|
REITs – sector risk priced in, European QE a positive
re-rating catalyst
|
Overweight
|
Top pick: KLCC
|
|
Plantation – expectation of El Nino to keep excitement
alive
|
Overweight
|
Top picks: KLK, TSH
|
|
Power utilities – still a powerful sector
|
Overweight
|
Top pick: Tenaga
Proxy play: Pestech
|
|
Rubber gloves – buying opportunity
|
Overweight
|
Top pick: Hartalega
|
|
Transport & logistic – in a better shape
|
Overweight
|
Top picks: Maybulk, Harbour
|
Special thanks to Siao Ping to supply the reports.
Research Summary: 2 July 2014
Research Summary: 2 July 2014
Research House
|
Type
|
Company/Sector
|
Report Title
|
Rating/Call
|
Target
|
RHB
|
Strategy
|
2H2014
|
Complacency or a new paradigm, market still has upside
potential
|
||
RHB
|
News Flash
|
AirAsia
|
Tracking another crack at Japan
|
Buy
|
RM2.78
|
CIMB
|
Flash Note
|
MRCB
|
Top spot for Kwasa Land’s MX 1
|
Add
|
RM2.00
|
CIMB
|
Eco update
|
Economic
|
A moderating trend (loan)
|
||
Maybank
|
Sector update
|
Telco
|
Switch into laggards
|
Neutral
|
N/A
|
Maybank
|
Technical
|
DRH-Hicom
|
Take profit
|
Tuesday, July 1, 2014
Research Summary: 1 July 2014
Research Summary: 1 July 2014
|
Research House
|
Type
|
Company/Sector
|
Report Title
|
Rating/Call
|
Target
|
|
RHB
|
Sector update
|
Banking Sector
|
More patience required//May 2014 statistics – still unexciting
|
Neutral
|
N/A
|
|
RHB
|
Company Update
|
AMMB
|
An under-appreciated stock
|
Buy
|
RM8.00
|
|
RHB
|
Company update
|
CIMB
|
Quiet for now
|
Neutral
|
RM7.75
|
|
RHB
|
Company update
|
Hong Leong Bank
|
Capital raising causes overhang
|
Neutral
|
RM14.90
|
|
RHB
|
Company update
|
Maybank
|
Well-balanced exposure to sector
|
Buy
|
RM11.00
|
|
RHB
|
Company update
|
Public Bank
|
Positives largely priced in
|
Neutral
|
RM18.60
|
|
RHB
|
Results review
|
Hiap Teck
|
Earnings improved on lower tax expenses
|
Buy
|
RM1.00
|
|
RHB
|
Eco Outlook
|
Economic
|
More moderate but resilient growth envisaged for 2H
|
|
|
|
RHB
|
Eco Highlights
|
Economic
|
Broad monetary aggregate, loan growth weakened in May
|
|
|
|
CIMB
|
Results Note
|
Cypark Resources
|
Continued momentum
|
Add
|
RM3.09
|
|
CIMB
|
Sector update
|
Banking sector
|
May 14 tracker – south-bound trend in loan growth
|
Neutral
|
N/A
|
|
Maybank
|
Sector update
|
Banking sector
|
Sub-10% loan growth in May
|
Neutral
|
N/A
|
|
Maybank
|
Company update
|
RHB
|
Aborts Bank Mestika acquisition
|
Hold
|
RM8.70
|
|
Maybank
|
Technical
|
Vitrox
|
|
Short-term buy
|
|
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