Bursa

Maintain BUY, TP: RM11.45.

For prudence, we lower our PE target from 35x to 30.5x (previous peak in FY18) and rolled forward our valuation horizon to mid-FY21.

All in, our TP is moderated downwards to RM11.45 (from RM11.85).

Maintain BUY, we believe that Bursa’s earnings are now on a structurally higher platform.

Source: Hong Leong Investment Bank Research - 28 Oct 2020

But he cannot FORCE U to buy or sell !

But U got FOC investment lecture from him !

During lockdown, mani people will work at home n ALSO main main in the stk mkt at home thru their home computer n the stk mkt will be very active n got very BIG VOL !

So, no wori lah. Lockdown is excellent for the stk mkt !

Genm will be "money printer" for ONLI those who got masuk - Not for the chicken players lah !

Why not just buy a little bit first n see how later as the vaccine is coming very fast now ?

Get the facts first n based the facts, we make a guess lah.

The fact is --- vaccine is coming very fast now n all can go out makan angin again very soon ! Excellent for GENTING !

During MCO, most go on leave n the onli entertainment they got is to play play in the stock mkt thru their home computer lah !

That is why our stk mkt got massive vol. during MCO ?

PETALING JAYA: The government expects the first batch of Covid-19 vaccines to arrive this coming February.

Good news for Genm.

All can go makan angin again at Genm then !

Got so mani vaccine news over the weekend, very good for holiday stocks like Genting.

Genting to skyshoot up next week ?

Just add some first.

All "makan angin" stocks are strongly supported by positive vaccine news !

Please no cry later for missing out the "makan angin" stocks.

Palm oil price ... very high now - true fact lah !

Palm oil stocks ... just close eyes n hantam kuat kuat, please !

Plantation stocks coming !

Please no miss the boat$$$.

Top picks: Recent loosening of MCO restrictions (interstate travel no longer being banned, no limit on the number of diners per table etc.) bodes well for retail players going into next year.

As such, we raise our Aeon PE multiple from 12.0x to 19.0x (pegged to 2-year average), which lifts our TP from RM0.79 to RM1.25 pegged to FY21 earnings. Our call is upgraded to a BUY from HOLD previously.

With valuations of retail players currently depressed and poised for better earnings in 2021, our top picks in the consumer sector are retail stalwarts FocusP (BUY: TP: RM1.02) and Aeon (BUY, TP: RM1.25).

Aeon (BUY, TP: RM1.25)

Source: Hong Leong Investment Bank Research - 18 Dec 2020

Stupitli oversold !

Rebound coming next week ?

Mkt is for punting. We all can punt any stock we like lah.

Better got trapped in Genting than to escape.

Those who got trapped in Genting at Rm3.00 oredi making tons of moni !

Genting sure up , will said by U.

Just close our eyes n hantam kuat kuat, please !

How about other steel stocks which are better than Hiap Teck ?

Just switch to them only.

Just add some.

Genting is strongly supported by positive vaccine news !

Positive vaccine news is BAD news for glove counters !

GOT IT ?

In a bull run we must know how to multiply the gains bcos we can only

make hay when the sun shines ?

FORTRESS MINERALS LTD. (Initiation) – Rise of An Iron-ore Producer
Date: 14/12/2020

Source : PHILLIP CAPITAL

Stock : Fortress Minerals

Price Target : 0.28

Price Call : BUY

Last Price : 0.22

Upside/Downside : +0.06 (27.27%)


Growing demand from steel mills in Malaysia to spur higher sales volumes. We project 54% volume growth from FY20 to FY22e.

Low production cost of US$28.81/WMT. Reserves to expand with only 5% of its mining concession area explored so far.

Initiate coverage with BUY and TP of S$0.28. Valued at 11x FY21e PE, in-line with industry average. Fortress is smaller in size but is growing faster and enjoy higher returns than industry.

The bull market for iron ore is set to extend into 2021.

Iron ore markets have caught fire due to a combination of unprecedented demand from China, which has embarked on a massive infrastructure build-out to stimulate the economy post-pandemic and worries about supply from Brazil and Australia.

Iron ore price goes parabolic after cyclone warning.

Iron ore leads gains for industrial metals, up nearly 65% this year.

add

All steel counters including Lionind are COMING !

Please no miss the boat$$$$ !

Please no cry like a small kid later if U miss the boat$$$.

Steel counters ... the next mkt darlings after the glove counters ?

Glove counters are oredi over the hill top n now going down hill ?

Our mkt now oredi in superbull mode !

All stocks got sky limit potential !

Mani players keep on crying for missing the boat$$$ !

We cant make moni if we no jump in lah !

All steel counters are very hot now !

Just close eye n sapu kuat kuat any steel counter U like now, please.

KSSC ... I will try to buy some only.

All steel counters are selling like HOT CAKES !

Better get in early in order to pay for a lower price now.

Choo Bee .... coming ! Faster masuk when it is still SUPER chip !

TP Rm1.09 ... a stupit TP ?

A hopeless steel counter !

All steel counters are UP today except this stupit steel counter !

Choo Bee ... a tak guna stock !

Just close eye n throw !

No eye see now !

A hopeless stock !

A dead stock !!!

A nobody child !

Got any guaranti from the banks ?

https://www.youtube.com/watch?v=MN1AtzLrW4Y&list=RDxS_ctH9WqJ4&index=4

Recently, a vaccine jointly developed by Pfizer and BioNTech was found to be 90 per cent-effective in preventing Covid-19 infections in ongoing phase three trials.

Airasia ... solidly supported by covid-19 VACCINE !

The more positive news on the vaccine, the higher AirAsia shall FLY UP ?

The latest vaccine successes have added to a risk-on mood in markets

and investors have snapped up assets that could benefit from the end

of lockdowns, assets like Genm ?

AstraZeneca Plc became the latest firm to deliver positive vaccine developments,

bolstering demand for cruise-line operators and airlines.

Yes, airlines like AirAsia ?

CGT ... a mkt killer n also an economy killer ?

https://www.youtube.com/watch?v=MN1AtzLrW4Y

The first vaccines could be given to US healthcare workers and others recommended by mid-December.

Lockdowns that have paralysed the global economy could be nearing an end.

•We maintain our BUY call, forecasts and fair value of RM1.09/share for CSC Steel based on 0.5x its book value. This is consistent with its historical average during the last down cycle in the flat steel sector in 2012–2015.

Source: AmInvest Research - 23 Nov 2020

Just close eyes n hamtam kuat kuat, please.

Thanks.

BENGALURU (Nov 22): The US Food and Drug Administration (FDA) yesterday issued emergency use authorisation for Regeneron Pharmaceuticals Inc's Covid-19 antibody therapy, an experimental treatment given to US President Donald Trump that he said helped cure him of the disease.

Covid-19 antibody therapy ... coming soon, very fast !

Good news for Genting price to skyshoot ?

Add some more ?