Research Summary: 5 August 2014 + Maybank Market Strategy Top Buys

Research Summary: 5 August 2014

Research House	Type	Company/Sector	Report Title	Rating/Call	Target
RHB	Company update	Inari	Looking good ahead	Buy	RM3.82
RHB	Results review	Axis REIT	Results on track with potential new acquisitions	Neutral	RM3.29
RHB	News flash	Gamuda	Acquiring 1,529 acre land South of KL for MYR784m	Buy	RM5.61
CIMB	Results note	Axis REIT	New acquisitions by Axis	Add	RM3.73
CIMB	Sector update	Rubber gloves	No demand breakout from Ebola	Neutral
Maybank	Special feature	MFlour	Flourishing ASEAN consumer play	Not rated	RM2.70
Maybank	Company update	Gamuda	Landbanking continues	Buy	RM5.30
Maybank	Results review	Axis REIT	Results in line; buying new assets	Hold	RM3.14
Maybank	Technical	IJACOBS		Short-term buy
Kenanga	Results note	Axis REIT	Asset acquisition at last	Market perform	RM3.37
Kenanga	Quick bites	Gamuda	Land banking in Southern Klang Valley	Outperform	RM5.52
Kenanga	Initiate coverage	NCB	Northern Port in Klang	Market perform	RM3.10

Maybank - Market Strategy (Top Buys)

Research Summary: 4 August 2014

Research Summary: 4 August 2014

Research House	Type	Company/Sector	Report Title	Rating/Call	Target
RHB	Company update	Hartalega	Ready for new growth wave	Neutral	RM6.95
CIMB	Flash note	Hovid	Running short of capacity	Reduce	RM0.42
CIMB	Flash note	Perdana Petroleum	No cold fleet	Add	RM2.40
CIMB	Flash note	Sime Darby	Preferred candidate for NBPOL	Hold	RM9.85
Maybank	Sector update	Oil and Gas	Roadshow feedback	Overweight
Maybank	Technical	PetGas		Take profit
Kenanga	Sector update	Plantation	Capped by ample soybean oil supply	Neutral
Kenanga	Quick bites	Redtone	Divesting China 3rd party payment license	Market perform	RM0.77

Research Summary: 1 August 2014

Research Summary: 1 August 2014

Research House	Type	Company/Sector	Report Title	Rating/Call	Target
RHB	Sector update	Banking	June statistics: marginal improvements noted	Neutral
RHB	Company update	CIMB	A mixed bag	Neutral	RM7.75
RHB	Results review	Caring	A subdued 4Q	Neutral	RM1.95
RHB	Cease coverage	Johore Tin	Ceasing coverage	Not rated
CIMB	Sector update	Banks	Jun 14 tracker – business loan growth still in doldrums	Underweight
CIMB	Eco update	Economics	Loans growth slower but still healthy
Maybank	Sector update	Banking	Loan growth down YoY but up MoM	Neutral
Maybank	Company update	Star	More to come?	Hold	RM2.50
Maybank	Technical	FGV		Take profit
Kenanga	Sector update	Banking	BNM Statistics (June 2014) – still lacklustre	Neutral
Kenanga	Results note	Redtone	Slightly off-colour results	Market perform	RM0.77
Kenanga	Company update	CIMB	Mediocre days ahead	Market perform	RM8.00