Watch the action today.....

TURN AROUND STORY..SMALL CAP TP 0.45

TO BREAK ITS RECENT HIGH THIS WEEK

UZMA WATCH CAREFULLY.IF MAJOR RESISTANCE 2.50 BROKEN, IT WILL FLY VERY HIGH. OIL IS EXPECTED TO MOVE UP FURTHER TONIGHT

dont miss the boat. go in early

As oil rallied tonight... uzma should move higher to test its recent high of 2.62. Don't miss out this counter. Its a fundamentally good small cap counter with very small public float thus easy to be pushed up.

Dont miss the boat

For O&G play this week

http://biz.sinchew.com.my/node/113421?tid=18#ixzz3WvHOzNBp

For O&G play this week

Dont miss the boat.

A RUN UP IN THE MAKING...WATCH FOR SIGNS

WATCH CENSOF...PARENT COMPANY OF DNEX...BOTH WILL FLY SOON

Source : RHB-OSK
Stock : EG Price Target : 0.94 | Price Call : BUY
Last Price : 0.83 | Upside/Downside : +0.11 (13.25%)

Fundamentally a great counter not to be missed..

Changes in Sub. S-hldr's Int. (29B)

MQ TECHNOLOGY BERHAD

Particulars of substantial Securities Holder

Name GOH BOON SOO @GOH YANG ENG
Address 25 Lorong Maarof Satu, Bangsar Park
59000 Kuala Lumpur, Malaysia
NRIC/Passport No/Company No. 400609-04-5157
Nationality/Country of incorporation Malaysian
Descriptions (Class & nominal value) Ordinary shares of RM0.10 each
Name & address of registered holder GOH BOON SOO @GOH YANG ENG
25 Lorong Maarof Satu, Bangsar Park
59000 Kuala Lumpur, Malaysia
Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction Date of change
No of securities
Price Transacted (RM)
Acquired 03/04/2015
8,400,000

Acquired 06/04/2015
520,700


Circumstances by reason of which change has occurred Off market acquisition through direct deal/
Open market acquisition
Nature of interest Direct Interest
Direct (units) 30,000,000
Direct (%)
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0
Total no of securities after change 30,000,000
Date of notice 07/04/2015

1st target 0.20 with subsequent TP 0t 0.25

Highlights / Stock Picks of the Day - Evergreen Fiberboard Berhad (EVERGRN) – Trading Buy
Author: kiasutrader | Publish date: Fri, 10 Apr 2015, 09:25 AM

EVERGRN rose 2.0 sen or 1.7% to close at RM1.21 after a consolidation phase from its recent high of RM1.28. Key indicators are painting a bullish picture as RSI is heading north while Stochastic has performed a positive crossover. Historical trend also suggests that the share price may stage a rebound from the 20-day SMA line or its channel support level. We anticipate that the share price will rebound towards its channel resistance level of RM1.37. Hence, we are issuing a “Trading Buy” call with a target price pegged at RM1.37.

Highlights / Stock Picks of the Day - Evergreen Fiberboard Berhad (EVERGRN) – Trading Buy
Author: kiasutrader | Publish date: Fri, 10 Apr 2015, 09:25 AM

EVERGRN rose 2.0 sen or 1.7% to close at RM1.21 after a consolidation phase from its recent high of RM1.28. Key indicators are painting a bullish picture as RSI is heading north while Stochastic has performed a positive crossover. Historical trend also suggests that the share price may stage a rebound from the 20-day SMA line or its channel support level. We anticipate that the share price will rebound towards its channel resistance level of RM1.37. Hence, we are issuing a “Trading Buy” call with a target price pegged at RM1.37.

Source : RHB-OSK
Stock : TROP Price Target : 1.84 | Price Call : BUY
Last Price : 1.17 | Upside/Downside : +0.67 (57.26%)

Source : RHB-OSK
Stock : EG Price Target : 0.94 | Price Call : BUY
Last Price : 0.83 | Upside/Downside : +0.11 (13.25%)

EVERGRN : NOT TO BE MISSED..UPTREND TO CONTINUE

Highlights / Stock Picks of the Day - Evergreen Fiberboard Berhad (EVERGRN) – Trading Buy
Date: 10/04/2015

Source : KENANGA
Stock : EVERGRN Price Target : 1.37 | Price Call : TRADING BUY
Last Price : 1.22 | Upside/Downside : +0.15 (12.30%)

Back

EVERGRN rose 2.0 sen or 1.7% to close at RM1.21 after a consolidation phase from its recent high of RM1.28. Key indicators are painting a bullish picture as RSI is heading north while Stochastic has performed a positive crossover. Historical trend also suggests that the share price may stage a rebound from the 20-day SMA line or its channel support level. We anticipate that the share price will rebound towards its channel resistance level of RM1.37. Hence, we are issuing a “Trading Buy” call with a target price pegged at RM1.37.

TROP : VERY INTERESTING COMPANY..SHORT-TERM TP RM1.40


Friday, 10 April 2015

April Highlight on Tropicana - The Tropical Storm
Tropicana Corporation Berhad is a no stranger property developer in both the local and foreign market. Dijaya Corporation Berhad came to fame when the group penetrate the market with their "Tropicana" brand name with projects such as Tropicana Golf & Country Resort, Tropicana Indah Resort Homes, Tropicana City, Tropicana Sungai Long, Tropicana Bayou, Tropicana Sungai Buloh Commercial Center and Tropicana Danga Bay. Others residential project includes Casa Kiara I & II, Casa Suites, Fortune Park, Arena Mentari, W Hotel & Condominium, Aston Villa and 10 Island Resort.

Formerly known as Dijaya Corporation Berhad, the group is the founded and helm by Tan Sri Dato Danny Tan Chee Sing, which is the younger brother of well known Malaysia tycoon from the Berjaya Group - Tan Sri Vincent Tan.

Tropicana had been coming to the limelight for the past few years for some corporate dealing involving some land sales and asset disposal as well as some land purchases to consolidate and reposition the group's asset and financial position. How would Tropicana be faring in the coming days with the government policy in the property cooling measure as well as the introduction of GST?



Top & Bottom Realignment in Tropicana

Tropicana balance sheet had always been a yellow or red flag in the investor mind. Although the group had an impressive land bank that are situated in prime area, their overwhelming debt level had always keep a handbrake to the investor decision making.

However, with the current on going realignment of their land and assets which includes significant disposal of their land in Tropicana Alam to Ecoworld and their Tropicana City Mall to CMMT Reits.
The disposal of Tropicana City Mall is expected to complete by 3Q 2015, will effectively reduce the the gearing level of the group to 0.52x. The group will continue to dispose small land parcel in 2015, and will look to put it's gearing level below 0.5 to the FYE 2015 balance sheet.

Tropicana currently is sitting on a NTA of RM 2.14 with unbill sales amounting to approximate RM 3 billion from it's highly sought after launches like Tropicana Gardens and Tropicana Bay Residence at Penang World City.


A Stronger Push Before GST Implementation

With GST effectively taking off at 1st April 2015, the property construction segment is hotter than a volcano lava with non stop 24/7 working that tries to push as much as possible during the 4Q 2014 and 1Q of 2015 to reduce the exposure of incomplete progress that will be subjected to the billing of GST.

With a higher billing rate in the overall property sector, we expect to see a stronger 1Q 2015 result that will be going to see most of the result announcement in the month of May 2015, a movement that could take the property sector for a good ride. While some are still consolidating, there are significant property counter which had started to move up.







With an unbilled sales of approximately RM 3 billion in hand, Tropicana definitely had hopped in to join this bandwagon as well.

Tropicana had seen much changes in their effort to rebalance their portfolio and balance sheet. With the strong unbilled sales of approx RM 3 billion with the ongoing easy rosy sales packages for home buyers, at the current price of RM 1.09 which is a discount of almost 50% towards it's NTA of RM 2.14, Tropicana is just about to start a Tropical Storm towards a higher ground.


Ride on the Tropical Storm? You decide

Bone's short term TP: RM 1.40

Cheers and have a nice day

Regards,
Bone

BREAKING ITS OWN RECORD.. SHORT-TERM TP RM1.00

Dont miss the boat this time

Coming very strongly. should breach 0.20 next week

BUY UZMA EARLY TOMORROW ON DIPS. THIS WEEK WILL MOST LIKELY BREAK RM3.00.

Next week we should see rm3.00.

more to come next week

uzma should close 2.40 today

REBOUND SHOULD BE SEEN TODAY

UZMA BUCK THE TREND FOR OIL COUNTERS. MARKET TALK THEY WILL RELEASE A STELLAR FINANCIAL RESULT WHICH IS DUE ON 25 FEB 2015

go for century...inmmediate TP 0.90

coming already...

DONT MISS THE RUN UP TO 2.50 BY CNY

TOMORROW SHOULD BREAK 4.00...MARKET TALK OF IMMINENT BONUS ANNOUNCEMENT VERY SOON

slow n steady... dont miss

Should move higher. TP 0.20 by CNY

If 0.20 broken then we should see CNY bonus at 0.30

If 0.12 & 0.125...broken then hell break lose. We should see CNY bonus at 0.20

Business NewsHome › Business › Business News
Semiconductor and rubber glove makers to gain from weak ringgit
Saturday, 31 January 2015
BY: SHARIDAN M. ALI, DAVID TAN







Kenanga Research believes that the semiconductor industry will stay resilient with the global sales continuing to show healthy momentum.
Kenanga Research believes that the semiconductor industry will stay resilient with the global sales continuing to show healthy momentum.

THE decline of the ringgit is generally viewed as a problem for the economy but there are always two sides to the story.

Exporters with high local ringgit-denominated content and strong external demand are the obvious winners as they are expected to benefit from the weakening ringgit.

The winners are said to be the semiconductor and technology, rubber gloves and timber-based sectors. The share prices of a number of those companies have already factored in the benefits to their business from the weaker ringgit after the currency started its decline,which was more pronounced since the beginning of the fourth quarter of last year.

On the semiconductor front, Kenanga Research says believes that industry will stay resilient with the global sales continuing to show healthy momentum. Bottom-fishing is recommended as a strategy especially with the current risk-reward ratio less favourable following rich valuations in some counters.

“Typically, first and last quarters of a calender year, the earnings for the semiconductor players are seasonally weaker.

“That said we see any price weakness in these stocks as opportunities to accumulate as the earnings shortfall could be made up by the seasonally stronger second and third quarters on the back of the resilient industry prospects,” it says in a recent report.

Screening through the semiconductor value chain, Kenanga Research sees Vitrox Corp Bhd, being the leading solution providers of automated vision inspection systems to continue benefiting from the increasing complexity of semiconductor packages, which requires enormous inspection.

The research house is sanguine over OSAT (outsourced chips assembly and testing) players such as Unisem (M) Bhd. Inari Amertron Bhd is among the research house’s top pick.

PIE industrial Bhd managing director Alvin Mui says the group would see its sales rising this first quarter.

“But this is due to the new box built products we are doing for the medical equipment segment.

“The weakened ringgit will of course boost our revenue and bottom line,” Mui says.

Meanwhile, Elsoft Research Bhd chief executive officer CE Tan says the weak ringgit has boosted orders for its LED test equipment for the first quarter of this year.

“We expect to perform by a strong double digit percentage growth over the same period last year,” he says.

Tan says the LED testers the group produces are niche products with competitive pricing.

Rubber gloves players have seen strong price appreciation since late last year. Maybank IB Research likes Kossan Rubber Industries Bhd due to its stronger earnings growth in financial years 2015 and 2016, underpinned by the full contributios of its latest three plants.

Meanhile, JF Apex Securities mentions Latitude Tree, Poh Huat and Heveaboard among the timber-based industry stocks that can benefit from strengthening US dollar against ringgit.

The US market is the biggest for the industry which will gain from cheaper ringgit-denominated local content and stronger US economic growth.

The losers from a weaker ringgit, JF Apex Securities Bhd senior analyst Lee Cherng Wee mentions, are automotive players which import a lot of parts especially for completely-knocked down vehicles.

Lee says counters such as Tan Chong Motors and UMW Holdings are likely to be affected.

RHB Research in a recent report says about 60% of Tan Chong’s manufacturing cost of sales is transacted in foreign currency (80% in US dollars) which RHB sees as a risk.

“Continued US dollar strength will crimp margins that will not be offset by a weaker Japanese yen,” it says.

Lee also predicts the consumer sector players with high imported content in dollar terms could risk slimmer margins coupled with sluggish consumer sentiment due to goods and services tax.

MIDF Investment Research analyst Kelvin Ong said he foresees banking groups with higher foreign shareholdings like CIMB Group Holdings Bhd, Alliance Financial Group Bhd, AMMB Holdings Bhd and Public Bank Bhd as banks that can be impacted by the weaker ringgit.

“Foreign shareholding may slip if the domestic currency continues to weaken. The Fed’s tightening of the interest rate turns out to be more aggressive than expected, and crude oil prices continue to be on a downward trend. This will impact valuations of banks, but on the flip side, it will present buying opportunities for investors on a more attractive valuation,’’ he says.

Dont miss this run up. TP 0.30

expect it to touch 0.30 by end of month or early feb

INARI-OR REAL VALUE UPON LISTING SHOULD BE (MOTHER PRICE LESS RM1.50 ) FOR RIGHTS SHARE PLUS (MOTHER PRICE LESS RM2.00) FOR NEW WARRANT. RM2.00 BEING THE EXERCISE PRICE OF NEW WARRANT.

EXAMPLE : IF CLOSING MOTHER SHARE TODAY 22 JAN IS RM3.00 THE INARI-OR RAEL VALUE SHOULD BE (3.00-1.50) + (3.00- 2.00) = RM2.50

MORE UPSIDE IN STORE

3.20 SHOULD BE ACHIEVED BY THIS FRIDAY ON THE BACK OF THE LISTING OF INARI-OR

http://www.theedgemarkets.com/my/article/affinhwang-capital-maintains-buy-inari-ups-target-price-rm407

RUN UP BEGINS

http://www.theedgemarkets.com/my/article/tmc-life-plans-rm300m-expansion-tropicana-medical-centre

DONT MISS THIS OPPORTUNITY FOR CNY ANGPOW