3.00 is a major resistance. if ahead of its ex-date 20 janbroken with ease tomorrow, we should see it breaking its all time high this week

INARI-OR WILL BE LISTED ON 23RD JAN 2015. IF INARI PRICE IS SAY 3.20 AND EXERCISE PRICE OF FREE WARRANT IS RM1.50; THEN THE OR SHOULD OPEN AT( 3.20 -1.50) PLUS 1.50 = RM3.20

Felda Global Ventures - Looking For A Rebound
Author: PublicInvest | Publish date: Mon, 12 Jan 17:24

Felda Global Ventures (FGVH) will likely report lower-than-expected results in the coming quarters due to the ongoing aggressive replanting exercise, as well as severe flooding in the east coastwill dampen its FFB production growth. In addition, the recent acquisitionof Asian Plantations will not yet make a significant boost to the Group's production given the young age profile and small mature planted area. We consequently lower our earnings forecast for FY14-16 by 13%-16% after reducing our FFB production estimates. Correspondingly, we also cut our TP from RM3.65 to RM2.70. We are upgrading our Neutral call to aTrading Buyhowever as we think the recent sharp correction has over-priced in all negative newsflows.

Selling pressure from substantial shareholders. The stock has been under some selling pressure recently as both Kumpulan Wang Persaraan (KWAP) and Employees Provident Fund (EPF) hadpared down their stakes in FGV. Since early-2014, they have sold down from 7.2% to 6.1% and 5.6% respectively. Foreign shareholding currently stands around9.5%.

Lowering our earnings forecasts. We reduce our earnings forecast by 13%-16% for FY14-16 after lowering our FFB production forecastby 4-5% as we expect disappointing FFB numbers for December. 11-month FFB productionhas come down by 3.1% YoY, with an expectation of a more pronounced decline in December, by more than 13% MoM. We also expect FFB production to decline by 4.5% for FY14 followed by a1% growth for this year.

Upgrade to Trading Buy but with a lower TPof RM2.70. After adjusting our earnings forecasts for the plantation arm and attaching a 10% discount on our SOP valuations due to heightening risk exposure in downstream activities, we cutour target from RM3.65 to RM2.70. We upgrade our call from Neutral to Trading Buyhowever as we think that current share price has over-priced in all negative newsflows. Over the last 2 months, it has slumped by more than 37%. Meanwhile, its downstream activities will likely face more pressure this year given the upcoming additional 30% capacity from Indonesia while oleochemical business could be further hit by weaker crude oil prices.

Source: PublicInvest Research - 12 Jan 2015

RUN UP TO EX-DATE INTACT.. WE SHOULD SEE BREACHING 3.00 VERY SOON

price n volume creeping up. tp 0.20

uptrend to continue

should break 3.00 early next week

FGV has rebounded above the RM2.03 support level with high volumes, forming a hammer candle. The MACD Line is approaching the Signal Line, while the RSI is suggesting that the price could be oversold. Monitor for a breakout above the RM2.18 level. Price target will be located around the RM2.35-RM2.57 levels.

should see 3.00 to 3.20 before ex-date...

CIMB Research on KLSE
Date: 05/01/2015

Source : CIMB
Stock : JOBST Price Target : 0.30 | Price Call : SELL
Last Price : 0.465 | Upside/Downside : -0.165 (35.48%)

Back

Target RM0.30 (Stock Rating: Reduce)

The Edge weekly reported that the recent rally in Jobstreet's share price is attributable to expectations of a possible venture in a new core business, given its management's successful track record in founding tech start-ups. We are not surprised by the news given the decent value in Jobstreet's remaining assets. Nevertheless, we see the recent surge in share price as unsustainable due to the near-term overhang from business transition activities with SEEK Asia. Despite Jobstreet's net cash balance of over RM44m, we think it would need to seek funding to grow its remaining assets or invest in a new core business. Hence, we cut our rating from Hold to Reduce, with an unchanged target price still based on 16.8x CY16 P/E, a 30% discount to the IT services sector P/E of 24x. Switch to GHL Systems for tech sector exposure.

What Happened
The Edge weekly reported that the recent surge in Jobstreet's share price is attributable to expectations of a potential venture in a new core business, given its management's successful track record in founding tech start-ups. Nevertheless, Jobstreet's CEO and founder Mark Chang was reported as saying the company is not planning any immediate announcements related to its future growth. Meanwhile, Jobstreet has a one-year commitment to help SEEK Asia Investment (SEEK) manage the transition of Jobstreet's employment portal.

What We Think
We are not surprised by the news given the compelling value in Jobstreet's remaining assets. However, we see a potential near-term overhang from the business transition activities with SEEK, given that management still needs to assist in managing the portal. Apart from that, Jobstreet needs to find a new core business aside from the employment segment given that it already agreed with SEEK not to compete in the recruiting business in the coming two years and marketing and selling of vocational training and education courses through online channels in Malaysia, Singapore, Philippines, Thailand, Indonesia and Vietnam for one year. Separately, Jobstreet could grow its remaining assets by raising its associate stake in the Taiwan-listed employment service provider, 104 Corp (3130 TT, Not Rated), but it may need to raise more than RM460m to buy the remaining stake in 104 Corp. Overall, Jobstreet will need to raise funds to finance its next core business or grow its remaining assets at a faster rate.

What You Should Do
We see the recent surge in share prices as not sustainable. Hence, this provides a good opportunity for investors to trim positions. Switch to GHL Systems.

Source: CIMB Daybreak - 05 January 2015, Full PDF Report

uptrend should continue

monitor for breakout above 2.27

Follow closely....major resistance 2.75 N 3.00

Top picks. For the big cap space, we favour SKPETRO (OP; TP: RM3.03) for its improved risk-to-reward dynamics post the significant share price decline and PETGAS (MP; TP: RM22.14) should be a core-holding for portfolio-benchmarking purposes albeit it is fairly valued for now, given its sustainable earnings that are derived from concession assets. Within the small-&-mid cap space, we see value emerging for BARAKAH (OP; TP: RM1.34) again given the attractive CY15 PER of 4.7x (a significant discount to other peers which trade at 6-8x CY15 PER).

GV: Flood Assesment Report on FGV
Date: 30/12/2014

Source : Affin Hwang Capital
Stock : FGV Price Target : 3.39 | Price Call : BUY
Last Price : 2.18 | Upside/Downside : +1.21 (55.50%)

Back

The eastern states of Peninsula Malaysia have been hit by floods, and had affected Felda Global Ventures’ (FGV) operations there. Key highlights from FGV’s assessment on the impact of the flood on its operations are as follows:-- Areas of estates flooded is 23,730 ha (Gua Musang and Kuala Lipis among areas badly affected), daily harvest down 50% and milling activity down to 40% of full capacity;

- Total areas impacted by the flood are 2% in Kelantan, 0.22% in Terengganu, 4% in Pahang and 0.12% in Negeri Sembilan;

- As of 29 December 2014, the opportunity loss of FFB production to FGV is estimated at 11,000 MT, only 0.2% of forecast annual production; and

- As of 29 December 2014, flood damages and opportunity loss to FGV due to the flood is estimated at RM21m.

(Source: Felda Global Ventures)

Comment: It has been reported that the flood in certain areas are receding. Barring the flood situation worsening, it is unlikely that 2015 production will be significantly affected. Meanwhile, CPO 3-Month futures closed 1.6% higher yesterday at RM2,286/MT.

We maintain our forecasts and rating for FGV (RM2.17, BUY TP RM3.39).

Source: Affin Hwang Capital Research - 30 Dec 2014

RUN UP IMMINENT TO EX-DATE ON 20-JAN 2015 TAKING INTO CONSIDERATION OF THE FREE WARRANT WHICH COMES WHEN YOU EXERCISE YOUR RIGHTS SHARE AT ONLY RM1.50

DONT MISS THIS CHANCE

FGV: Flood Assesment Report on FGV
Date: 30/12/2014

Source : Affin Hwang Capital
Stock : FGV Price Target : 3.39 | Price Call : BUY
Last Price : 2.18 | Upside/Downside : +1.21 (55.50%)

Back

The eastern states of Peninsula Malaysia have been hit by floods, and had affected Felda Global Ventures’ (FGV) operations there. Key highlights from FGV’s assessment on the impact of the flood on its operations are as follows:-- Areas of estates flooded is 23,730 ha (Gua Musang and Kuala Lipis among areas badly affected), daily harvest down 50% and milling activity down to 40% of full capacity;

- Total areas impacted by the flood are 2% in Kelantan, 0.22% in Terengganu, 4% in Pahang and 0.12% in Negeri Sembilan;

- As of 29 December 2014, the opportunity loss of FFB production to FGV is estimated at 11,000 MT, only 0.2% of forecast annual production; and

- As of 29 December 2014, flood damages and opportunity loss to FGV due to the flood is estimated at RM21m.

(Source: Felda Global Ventures)

Comment: It has been reported that the flood in certain areas are receding. Barring the flood situation worsening, it is unlikely that 2015 production will be significantly affected. Meanwhile, CPO 3-Month futures closed 1.6% higher yesterday at RM2,286/MT.

We maintain our forecasts and rating for FGV (RM2.17, BUY TP RM3.39).

Source: Affin Hwang Capital Research - 30 Dec 2014

Top picks. For the big cap space, we favour SKPETRO (OP; TP: RM3.03) for its improved risk-to-reward dynamics post the significant share price decline and PETGAS (MP; TP: RM22.14) should be a core-holding for portfolio-benchmarking purposes albeit it is fairly valued for now, given its sustainable earnings that are derived from concession assets. Within the small-&-mid cap space, we see value emerging for BARAKAH (OP; TP: RM1.34) again given the attractive CY15 PER of 4.7x (a significant discount to other peers which trade at 6-8x CY15 PER).

Abric may climb higher after breaching the MYR0.69 level and 100-day MAV line at its latest trading session. Traders may buy as a bullish bias could be present above this level, with a target price of MYR0.79. The stock may pull back and consolidate if it retraces back below the MYR0.69 level, with further support then anticipated at MYR0.635 – whereby traders may exit upon a breach.

ABRICS-A Net Net in forming? - paperplaneinc
Author: Tan KW | Publish date: Tue, 30 Dec 20:55



Monday, December 29, 2014



It has announced RM0.30 payback, look at the circular, worth around RM0.50 after dividend proforma. so is it worth RM0.80 now? RM0.70 still has 14% upside. After selling, no core business like Jobst, yet it will has lots of cash in hand. So?

http://networkingcapital.blogspot.com/2014/12/abrics-net-net-in-forming.html

Go for ABRIC

IST DAY UPTREND WITH MEANINGFUL VOLUME

http://klse.i3investor.com/blogs/stoCKTANgerin/66746.jsp

UPTREND SHOULD CONTINUE AS GOOD CORPORATE ANNOUNCEMENT SHOULD BE UNVEILED SOON

NOW IN UNCHARTERED TERRITORIES

YEAR END WINDOW-DRESSING SHOULD SEE ITS PRICE UP

YEAR END WINDOW-DRESSING SHOULD SEE ITS PRICE UP

SUDDEN INCREASE IN VOLUME & PRICE

SUDDEN INCREASE IN VOLUME & PRICE

KUALA LUMPUR, Nov 17 (Bernama) -- TH Heavy Engineering Bhd shares on Bursa Malaysia traded one sen better at 47.5 sen as at 11.34 am today after its unit reportedly secured a RM900 million Petronas contract for the East Java project. Trading saw 10.856 million lots changing hands. It was reported that TH Heavy's 30 per cent-owned unit, Berlian McDermott Sdn Bhd, had secured the contract for transportation, installation and pre-commissioning works from Petronas' state-controlled unit, PC Kelapang II Ltd. The contract is expected to be completed by the end of first quarter 2015. -- BERNAMA
Source : http://www.bernama.com/bernama/v7/bu/newsbusiness.php?id=1085709

should break 3.00 next week

if 0.135 breach; then we should see 0,20 soon

SHOULD BENEFITS FROM THE WEAKENING RINGGIT SINCE ITS REVENUE IS IN USD

SHOULD BENEFITS FROM THE WEAKENING RINGGIT SINCE ITS REVENUE IS IN USD

MQTECH BUCK THE TREND YESTERDAY TO CLOSE HALF CENT HIGHER WITH SUBSTANTIAL VOLUME...IF 0.135 BROKEN... IT SHOULD GO MUCH HIGHER. MONITOR VERY CLOSELY FOR OPPORTUNITY

DONT MISS THIS COMING RUN UP. CHEAP ENTRY NOW

COLLECT NOW...NO CONTRA PLEASE

EXPECT TO BREAK 4.00 AS EARLY AS NEXT WEEK

ALUMINIUM PRICE ON LONDON METAL EXCHANGE (lme) APPROACHING RECORD HIGH

TO BREAK 4.00 SOON N THEREAFTER 5.00 BY YEAR END

INARI TO BREAK 3.00 TODAY

Don't miss the action

Don't miss the action

Don't miss the action

HEARD A POSSIBLE TIE UP WITH DNEX. I AM COLLECTING LUSTER-WA WHICH IS CHEAPER

http://klse.i3investor.com/servlets/ptres/25992.jsp

IF YOU OBSERVE THE BUY HUGE QUE ESPECIALLY THE WARRANT YOU SHOULD GATHER THAT SOMETHING IS COOKING. DONT MISS THIS UPCOMING RUN UP

WAS TOLD THAT THEY WILL SECURE A HUGE PROJECT VERY SOON. eXPECT THE PRICE TO BE RAMPED UP NEXT WEEK. CAN COLLECT LUSTER-WA WHICH IS CHEAPER WITH EXPIRY STILL LONG WAY.

good to collect now