Welcome to Bursa Malaysia/KLSE Research Summary

Welcome to Bursa Malaysia/KLSE Research Summary
Showing posts with label Asia Brands. Show all posts
Showing posts with label Asia Brands. Show all posts

Tuesday, November 18, 2014

Kenanga: 18 Nov 2014

IDEAS OF THE DAY
l  Results Note: ASIABRN, IOICORP, MATRIX
l  On Our Radar: GUH
l  On Our Technical Watch: KIANJOO, QL
NEWS HIGHLIGHTS
l  Felda partners ECERDC to develop Kuantan land
l  Sona to continue Salamander pursuit
l  Daya Materials to acquire DP2 offshore subsea construction vessels
l  IJM, SILK agree to pact extension
l  TH Heavy shares up on RM90.0m Petronas contract award to unit
FOREIGN NEWS HIGHLIGHTS
l  Halliburton to buy Baker Hughes for USD34.6b
l  Allergan agrees to USD66.0b Actavis offer; Valeant walks
 
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS) 
Asia Pacific
l  Japan's Economy Makes Surprise Fall Into Recession
l  Japan Seeks To Strengthen 2015 Growth After Recession Hit
l  China To Cut 40b Yuan A Year In Fees To Spur Business Growth
l  Thai Economy Grows Less Than Estimated
l  Indonesia Raises Fuel Prices As Jokowi Enacts Key Pledge
l  Australia, China Deepen Ties With Landmark Free Trade Deal
USA
l  Industrial Output In U.S. Unexpectedly Fell In October
Europe
l  Draghi Says ECB Measures May Entail Buying Government Bonds
Currencies
l  Dollar Rises Against Rivals After Data
Commodities
l  Oil Ends Down On Japan, But Pares Loss On OPEC Speculation
l  Gold Eases Off Two-Week High As Dollar Gains On Japan Recession

Tuesday, July 8, 2014

Research Summary: 7 July 2014

Research Summary: 7 July 2014

Research House
Type
Company/Sector
Report Title
Rating/Call
Target
CIMB
Sector update
Aviation
Who benefits and who loses from new LCC terminals?
Neutral
 
CIMB
IPO Note
Tanah Makmur
Prosperous land
 
RM1.88
CIMB
Flash note
MPI
Exciting times ahead
Add
RM7.00
CIMB
Flash note
E&O
Elmina land acquisition finalized
Add
RM3.06
CIMB
Flash note
Sime Darby
Sells 135 acres of land to E&O
Hold
RM9.85
CIMB
Eco update
Economic
May exports expand 16.3% yoy
 
 
Kenanga
Quick bites
Sime Darby
Unlocking asset value
Outperform
RM10.50
Kenanga
Company update
Asia Brands
Expanding cautiously
Market perform
RM4.05
Kenanga
Company update
MPI
Positioned well for next growth wave
Outperform
RM6.03
Kenanga
Eco viewpoint
Economic
Exports increased by 16.3%, imports by 11.9% in May
 
 
RHB
Sector Update
Banks
OPR hike mildly positive for banks
Neutral
 
RHB
Company update
E&O
First wellness township in the Klang Valley
Buy
RM3.60
RHB
News flash
Sime Darby
First collaboration with E&O in Elmina West
Neutral
RM10.40
RHB
News flash
Inari
Surprise cash call
Buy
RM3.49
RHB
Eco highlights
Economic
Supplementary budget but deficit target likely be met
 
 
RHB
Eco highlights
Economic
Export growth moderated in May, but remained strong
 
 
Maybank
Sector update
Banking
Short-term positive price reaction?
Neutral
 
Maybank
Company update
Sime Darby
Partners E&O at Elmina Estate
Buy
RM10.30
Maybank
Eco update
Econimic
External trade May 2014: So far so good
 
 
Maybank
Technical
Ulicorp
 
Short-term buy