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2014-06-23 20:29 | Report Abuse
brain n mind are just temporary tools only,,subjected to come, touch n go
2014-06-23 20:14 | Report Abuse
hope it s the truth not lies again,,delay dalay
2014-06-23 20:09 | Report Abuse
the above is uob kay hian report
2014-06-23 09:59 | Report Abuse
Eksons Corp (EKSON MK)
Technical BUY with +16.0% potential return
Last price : RM1.35
Target Price : RM1.47, RM1.57
Support : RM1.30
Stop-loss: RM1.29
BUY with a target price of RM1.57 with stop
loss placed at below RM1.29. EKSON’s share
price has been trading below the medium-term
downtrendline since 24 Feb 14 before last
Friday’s gap-up above the line signaled the
end of the previous downtrend. Emergence of
fresh buying interest as shown by a relatively
higher trading volume upon breakout last week
suggests that demand outweighs supply. This
is likely to drive share price and is consistent
with growing momentum as shown by positive
readings in both MACD and Stochastic.
Positive follow-through in the share price may
lead to the 10-day SMA line converging with
the 21-day SMA line, thus potentially forming a
golden crossover, which in turn suggests
upward continuation hereafter. Nevertheless,
we peg our medium-term target at a 2-year
high of RM1.57.
2014-06-23 09:59 | Report Abuse
Matrix Concepts Holdings
(MCH MK)
Technical BUY with +12.0% potential return
Last price : RM4.25
Target Price : RM4.60, RM4.78
Support : RM4.04
Stop-loss: RM4.00
BUY with a target price of RM4.78 with stop
loss placed at below RM4.00. MCH had
consolidated in the tight range of RM4.00-
RM4.12 in the past 5 weeks before last
Thursday’s breakout above the “cloud” on a
higher trading volume created a new up-leg,
thus effectively ending the consolidation. Given
the positive follow-though, albeit a bearish
candlestick was registered last Friday, we
expect further upward movement as the share
price looks set to resume its previous uptrend.
Improving momentum as shown by positive
readings in MACD and Stochastic could drive
the share price higher as we peg our short- to
medium-term target at RM4.78, which is
equivalent to the 1.61x Fibonacci extension
level.
2014-06-23 09:58 | Report Abuse
Prestariang (PRES MK)
Technical BUY with +18.0% potential return
Last price : RM1.91
Target Price : RM2.06, RM2.27
Support : RM1.77
Stop-loss: RM1.75
BUY with a target price of RM2.27 with stop
loss placed at below RM1.75. Following a
correction from the recent high of RM2.06,
PRES established new support at the RM1.77
level before last Friday’s sharp spike in the
share price signaled the end of the current
correction. PRES surged past the “cloud” on a
higher trading volume of 3.4m shares (vs 20-
daya average of 1.6m) and set up a new upleg
that was also closing above a golden
crossover between 10-day and 21-day SMA
lines. Given the improving momentum as
shown by Stochastic and the gradual growth of
the trend strength as flashed by bullish
crossover between +DI and -DI, we expect
upward continuation from here onwards as we
peg our medium-term target at the 1.61x
Fibonacci extension target of RM2.27.
2014-06-23 09:52 | Report Abuse
i3i2i1 theedge says: Mudajaya to earn RM80m a year from India
23/06/2014 09:12
is the above latest news or old one?? if latest please show us the link
2014-06-23 09:51 | Report Abuse
http://klse.i3investor.com/blogs/kianweiaritcles/54681.jsp
will this benefit mudajaya in any way???? any idea guys
2014-06-20 19:03 | Report Abuse
be carefull on this counter,,speculation play is going on..newbies should stay far away from this counter... or else you will get trap into this counter...do not waste your time n energy on this counter..there are so many other good bullish counters on our klse market
2014-06-20 18:58 | Report Abuse
sometimes the way this directors are playing buying n selling is very weird,,but actually they are killing off CONTRA PLAYERS...So that speculation on the stock will be reduced
2014-06-20 13:25 | Report Abuse
Cuscapi (CUSC MK)
Technical BUY with +28.0% potential return
Last price : RM0.405
Target Price : RM0.460, RM0.520
Support : RM0.380
Stop-loss: RM0.370
BUY with a target price of RM0.520 with stop
loss placed at below RM0.370. CUSC’s share
price has been trading below the medium-term
downtrend line since 6 Nov 13. As the share
price consolidated within the "symmetrical
triangle" pattern, yesterday's strong gain on the
back of a higher trading volume of 4.1m shares
(vs 20-day average of 0.7m) suggests strong
interest and could lead to an upper breakout in
the near term. This is consistent with growing
momentum as shown by positive readings in
both MACD and Stochastic which in turn could
push the share price higher. Nevertheless, a
positive follow-through from here onwards
likely signifies upward continuation of the
uptrend. We peg the medium-term upside
target at the previous high of RM0.520.
2014-06-20 13:24 | Report Abuse
Cypark Resources (CYP MK)
Technical BUY with +20.0% potential return
Last price : RM2.79
Target Price : RM3.05, RM3.35
Support : RM2.68
Stop-loss: RM2.64
BUY with a target price of RM3.35 with stop
loss placed at below RM2.64. CYP’s share
price consolidated downward in the “flag”
pattern since peaking at the high of RM3.05 on
23 Apr 14 before rebounding within the 50.0%
Fibonacci retracement level. Yesterday's
breakout above the "flag" pattern signals the
end of the current consolidation while a higher
trading volume suggests renewed interest in
the share price. A bullish crossover in both
MACD and Stochastic suggests an improving
momentum which should drive the share price
higher. We peg our medium-term upside target
at the 1.38x Fibonacci extension target of
RM3.35 if CYP is able to surpass the
immediate resistance of RM3.05.
2014-06-20 13:22 | Report Abuse
BUY
(Maintained)
Share Price RM4.33
Target Price RM5.50
Upside +26.9%
COMPANY DESCRIPTION
Integrated Engineering, Procurement,
Construction, Installation and Commissioning
(EPCIC) oil and gas player
2014-06-20 13:21 | Report Abuse
EARNINGS REVISION/RISK
No changes to earnings forecasts. We make no changes to our earnings estimates as
SAKP’s new order win of RM1.3b falls within our estimates. We understand that the new
EPCIC contracts would likely begin contributing only in FY16 onwards.
Risks in investing in the stock include a) execution risk, where the company delivers
lower-than-expected margins on its projects, especially in new territories such as Brazil,
b) orderbook replenishment risk, where the company fails to replenish its orderbook to
deliver earnings growth and c) exploration risk, where the company fails to successfully
explore for oil & gas.
VALUATION/RECOMMENDATION
Maintain BUY with an unchanged target price of RM5.50. We continue to like the
company's long-term earnings visibility backed by its massive estimated orderbook of
RM30.0b. SAKP also offers solid exposure to Petronas’ RM300b capex given that they
can offer full-fledge EPCIC services. We value the stock at RM5.50 per share based on
our sum-of-the-parts valuation, which implies a target 2015F PE of 23.9x.
SHARE PRICE CATALYST
Winning new domestic contracts such as: a) marginal oilfield, b) drilling contracts, c)
subsea contracts and d) fabrication contracts.
Winning new PLSV jobs in Brazil in the next round of bidding in 2H14.
2014-06-20 13:19 | Report Abuse
Within our expectations. SapuraKencana’s (SAKP) 1QFY15 core net profit of
RM309.4m (+53.0% qoq, +116.9% yoy), after adjusting for one-offs, was within our but
slightly below consensus expectations, accounting for 22.4% of our and 21.1% of
consensus full-year estimates. The stronger results were mainly attributable to maiden
contribution from Newfield and contribution from its marginal oilfield, Berantai. The results
could have been better if not for lower revenues and profits in its fabrication, hook-up and
commissioning division.
2014-06-20 13:18 | Report Abuse
SapuraKencana (SAKP MK)
1QFY15: Scores Hat Trick In June Following Strong Results
SapuraKencana Petroleum’s 1QFY15 core net profit of RM309.4m was within our but
slightly below consensus expectations. The company also announced its third batch
of order wins for June, bringing its orderbook to RM30.0b. Reiterate BUY as the
company’s fundamentals remain strong on the domestic front and regionally. Target
price: RM5.50.
2014-06-20 07:36 | Report Abuse
CIMB LATEST REPORT-----THIS IS FAB,,,TARGET IS STILL 7
2014-06-20 07:29 | Report Abuse
Highlights from the conference call
Including the RM1.3bn fabrication contracts from Hess and CPOC,
SapuraKencana now boasts a sector-beating and an all-time high order
book of RM30bn. We estimate that 55% of the order book comes from the
offshore construction and subsea services business, followed by drilling
(24%), fabrication, hook-up and commissioning (11%), and energy and JVs
(EJV) (10%). SKEI and the Berantai marginal field are parked under EJV.
The two fabrication contracts take the Lumut yard's utilisation rate to 80%.
Post-integration with Seadrill, SapuraKencana's enlarged rig business now
consists of 21 rigs, making it the world's largest tender rig operator with a
56% market share, up from 7% earlier. In 1QFY1/15, the utilisation rate
remained high at around 95% despite the downtime for semi-tender rig
Menang. Earlier this week, SapuraKencana announced US$700m worth of
new contracts for tender rigs T9, T10 and T18, and semi-tender rig Jaya.
20% of SapuraKencana's shares are currently held by foreign investors,
excluding Seadrill, which has an 8.18% stake.
2014-06-19 18:53 | Report Abuse
@CTOng please add me too.... mia.pancho@gmail.com
2014-06-19 18:22 | Report Abuse
LOOKS LIKE BROKE 1.94 LEVEL ALREADY
2014-06-19 18:21 | Report Abuse
USUALLY FRIDAY IS DSONIC DAY
2014-06-19 13:37 | Report Abuse
most highest is RHB target price of 12.20.. i think before ex date it might can reach 12....sure this company will be pumping in some positive news... so long term investors will benefit the most
2014-06-19 13:34 | Report Abuse
after ex date sure fundamental news will be coming in for this counter
2014-06-19 10:02 | Report Abuse
MUI Properties (MUIP MK)
Technical BUY with +22.4% potential return
Last price : RM0.245
Target Price : RM0.28, RM0.30
Support : RM0.23
Stop-loss: RM0.22
BUY with a target price of RM0.30 with stop
loss placed at below RM0.22. Share price has
surged through the critical level of RM0.205 on
14 Apr 14 before peaking at RM0.25 two days
later. However, the stock consolidated lower
before gradually recovering along the rising
trendline. Given yesterday’s strong price gain
on the back of a higher trading volume of 2.0m
shares (vs 20-day average of 0.5m), we expect
the current consolidation to end and the
previous uptrend to restart. This is consistent
with the positive readings in both the MACD
and the Stochastics. The golden crossover
between the 10-day and 21-day SMA lines
suggests an upward continuation. Thus, we
peg our medium-term upside target at the
psychological level of RM0.30.
2014-06-19 10:01 | Report Abuse
nsas (INS MK)
Technical BUY with +20.9% potential return
Last price : RM1.24
Target Price : RM1.36, RM1.50
Support : RM1.16
Stop-loss: RM1.15
BUY with a target price of RM1.50 with stop
loss placed at below RM1.15. Share price has
consolidated downwards from the high of
RM1.36 in the past 11 weeks before finding
support around the RM1.16 level. The stock is
trading within a “cloud” in the last two weeks
as we think selling pressure has been
normalised during the period, given the
dwindling trading volume since 3 Jun 14.
However, yesterday’s breakout above the
“cloud”, albeit minor, accompanied by a
significantly higher trading volume of 11.1m
shares (vs 20-day average of 3.1m) signalled
renewed interest as share price moves above
the medium-term downtrend line. A bullish
crossover in the MACD and a positive reading
in the Stochastics indicate stronger
momentum. As such, we expect a new up-leg
followed by a surge in share price. We peg our
medium-term upside target at RM1.50,
equivalent to 1.61x Fibonacci extension level.
2014-06-19 10:00 | Report Abuse
Destini (DSTN MK)
Technical BUY with +20.8% potential return
Last price : RM0.72
Target Price : RM0.805, RM0.87
Support : RM0.685
Stop-loss: RM0.655
BUY with a target price of RM0.87 with stop
loss placed at below RM0.655. Share price has
been advancing along the steeper trendline in
the past 10 weeks. Yesterday’s breakout
above our initial target and the previous high of
RM0.705 should instill a more bullish bias as
the renewed buying interest is likely to spur
further upside. A bullish crossover in both the
MACD and Stochastics suggests rising
momentum which should drive share price
higher along the upward sloping 10-day and
21-day SMA lines. Moving forward, we expect
the uptrend to resume, given the new up-leg
being established. We peg our medium-term
upside target at the 1.61x Fibonacci extension
target of RM0.87.
2014-06-18 09:48 | Report Abuse
GUH Holdings (GUH MK)
Technical BUY with +16.3% potential return
Last price : RM1.41
Target Price : RM1.49, RM1.64
Support : RM1.33
Stop-loss: RM1.32
BUY with a target price of RM1.64 with stop
loss placed at below RM1.32. Following a
correction from the high of RM1.64, GUH
retraced toward RM1.33 before rebounding off
the rising trendline. As the share price has
gradually recovered, it has closed above both
the 10-day and 21-day SMA lines that signify a
potential upward movement ahead. The
emergence of fresh buying interest, as shown
by the higher trading volume recorded
yesterday (1.2m shares vs 20-day average of
0.3m) along with the rising momentum as
shown by positive readings in both MACD and
Stochastic, suggests upward continuation from
here onwards given the creation of a new upleg.
Moving forward, we expect GUH to retest
the previous high of RM1.64 over the short to
medium term.
2014-06-18 09:45 | Report Abuse
Spritzer (SPZ MK)
Technical BUY with +16.6% potential return
Last price : RM1.93
Target Price : RM2.13, RM2.25
Support : RM1.80
Stop-loss: RM1.79
BUY with a target price of RM2.25 with stop
loss placed at below RM1.79. SPZ hit a new
high at RM2.13 before retracing and
consolidating in the “flag” pattern over the last
10 weeks. However, yesterday’s breakout on
the back of a higher trading volume of 0.3m
shares (vs 20-day average of 0.05m) signals
the end of the current consolidation and could
kick-start a new up-leg. Additionally, positive
readings in both RSI and MACD indicate
improving momentum, along with the positive
closing above both the 10-day and 21-day
SMA lines. These should, In our view, push the
share price higher. We peg our medium-term
upside target at the 1.38x Fibonacci extension
level of RM2.25 with the expectation that SPZ
would breeze through the recent high of
RM2.13.
2014-06-18 09:44 | Report Abuse
Kumpulan Perangsang
Selangor (KUPS MK)
Technical BUY with +18.2% potential return
Last price : RM1.76
Target Price : RM2.00, RM2.08
Support : RM1.66
Stop-loss: RM1.63
BUY with a target price of RM2.08 with stop
loss placed at below RM1.63. KUPS’s share
price surged past the medium-term
downtrendline on 10 Jun 14 before hitting a
new high of RM1.84 two days later. As the
share price established new support at
RM1.66, it rebounded and closed above the
“cloud” yesterday on the back of a higher
trading volume of 7.9m shares (vs 20-day
average of 2.3m), suggesting renewed interest.
An uptick in RSI and a positive reading in
MACD indicate a strong momentum which in
turn is likely to drive KUPS to break out from
the 1,2,3 formation. As the new up-leg has
been established, we expect KUPS to nudge
higher and retest the significant previous high
of RM2.08 in the short to medium term.
2014-06-18 09:39 | Report Abuse
must break 1.94 level strongly
2014-06-17 09:56 | Report Abuse
Land & General (LGH MK)
Technical BUY with +17.2% potential return
Last price : RM0.580
Target Price : RM0.625, RM0.680
Support : RM0.550
Stop-loss: RM0.540
BUY with a target price of RM0.680 with stop
loss placed at below RM0.540. LGH’s share
price has consolidated within the “cloud” in the
past 9 days after retracing from a high of
RM0.625. As the share price rebounded off the
rising trendline, the emergence of fresh buying
interest as shown by a higher trading volume in
the past 2 days is likely to drive the share price
higher. Given yesterday’s breakout above the
“cloud” and both the 10-day and 21-day SMA
lines on the back improving momentum as
shown by a bullish crossover in both MACD
and Stochastic, we expect upward continuation
hereafter as LGH is likely to resume its
uptrend. Moving forward, we peg our mediumterm
upside target at the 1.61x Fibonacci
extension level of RM0.680.
2014-06-17 09:54 | Report Abuse
Malton (MALT MK)
Technical BUY with +22.5% potential return
Last price : RM1.02
Target Price : RM1.14, RM1.25
Support : RM0.970
Stop-loss: RM0.960
BUY with a target price of RM1.25 with stop
loss placed at below RM0.960. MALT’s share
price has twice rebounded from a similar level
of RM0.970 in the last 6 weeks as MALT
gradually recovered along the rising trendline.
Given the consolidation within the “cloud” since
29 May 14, MALT could surge past the
immediate resistance of RM1.04 given
improving momentum as shown by positive
readings in both RSI and MACD. The share
price successfully closed above the 10-day and
21-day SMA lines yesterday, suggesting
possible upward continuation from here
onwards. We peg our medium-term target at
the 1.61x Fibonacci extension level of RM1.25
with the expectation that MALT could resume
its uptrend.
2014-06-16 18:41 | Report Abuse
An emerging integrated engineering solutions provider. Destini’s business
expansion plan has transformed the company from a pure aviation MRO service
provider, into an integrated engineering solutions provider focusing on the aviation,
marine and O&G industry. Despite the diversified industries involved, Destini’s
businesses remain focused on the distribution and provision of safety and survival
equipment/services. We opine that Destini’s growth strategy that has thus far
focused on brownfield acquisitions had allowed the company to grow at a faster
pace.
2014-06-16 18:40 | Report Abuse
Integrated Engineering Solutions Provider With A Promising ‘Destini’
A year since its upliftment from PN17 status, Destini has transformed into an integrated
engineering solutions provider, which would see its newly acquired oil & gas tubular
handling services business contributing approximately 40% to its earnings. A potential
key catalyst would be securing a RM1b 5-year aviation maintenance, repair and
overhaul (MRO) JV contract, which could raise our SOTP target price to RM1.17-1.28
(from the current RM0.87). We initiate with BUY and a target price of RM0.87, derived
from 8-15x 2015F PE for Destini’s various business divisions and a 10% discount to our
SOTP valuation.
INVESTMENT HIGHLIGHTS
An emerging integrated engineering solutions provider. Destini had undergone
a series of acquisitions that has transformed the company from a pure aviation MRO
service provider into an integrated engineering solutions provider focusing on the
aviation, marine (Vanguard Composite Engineering Pte Ltd (Vanguard) and Techno
Fibre Corp (TFC)) and O&G (Samudra) industries.
Excitement in all three business segments. We are excited over the prospects of
all of Destini’s three business divisions, following management’s decision to venture
into the non-government sector. Destini’s aviation division is backed by a strong
orderbook of RM251m, which could generate RM50m-55m to bottom line over the
next three years. A potential re-rating catalyst for Destini would be securing a RM1b
5-year MRO JV contract from the Middle East that could boost earnings by RM22m-
30m p.a. and raise our SOTP target price to RM1.17-1.28. For the marine division,
the key excitement would be the company’s strategy to shift its focus to the
manufacturing of O&G lifeboats and the potential tie-up with industry leaders. For
the O&G division, the orderbook of RM750m underpins our projected 3-year
earnings CAGR of 62%.
FY14-15 PATAMI growth of 440% and 59% respectively. We forecasts earnings
to leap four-fold in FY14 underpinned by a) 9-month contribution from its recently
acquired Samudra Oil Tubular Handling Services business; b) full-year earnings
contribution from TFC (vs a 3-month contribution in FY13) and c) full earnings
contribution from Vanguard (vs 51% stake in Vanguard in FY13). For FY15, our
projected earnings growth of 59% took into account full-year contribution from
Samudra Oil and the respective earnings growth of 10-64% from the marine and
aviation MRO businesses respectively. Our forecasts thus imply a 3-year PATAMI
CAGR of 108%.
Initiate coverage with BUY and SOTP target price of RM0.87, derived from: a)
15x 2015F PE on the aviation MRO segment, b) 15x 2015F PE for O&G segment, c)
10x 2015F PE on the Others segment, and d) 10% discount to our SOTP valuation
of RM0.97
2014-06-16 18:31 | Report Abuse
Mitrajaya Holdings
(MHB MK)
Technical BUY with +17.3% potential return
Last price : RM0.895
Target Price : RM0.935, RM1.05
Support : RM0.825
Stop-loss: RM0.820
BUY with a target price of RM1.05 with stop
loss placed at below RM0.820. The stock has
consistently advanced along the steeper
trendline since 8 Apr 14 as share price peaked
at RM0.935. As MHB retraced lower, it has
established support at RM0.825 and a gradual
recovery from this level has led share price to
rise above both the 10-day and 21-day SMA
lines, which in our opinion indicates a
continuation of the recent uptrend. The
significant dive in trading volume last week
signalled an easing in selling pressure and
given the emergence of fresh buying interest
last Thursday, MHB should be back on its
bullish route. An uptick in the RSI largely
suggests improving momentum. As such, we
peg our medium-term target based on X to X
projection of the trend volatility at RM1.05.
2014-06-16 18:29 | Report Abuse
Konsortium Transnasional
(KTN MK)
Technical BUY with +30.0% potential return
Last price : RM0.300
Target Price : RM0.360, RM0.390
Support : RM0.275
Stop-loss: RM0.27
BUY with a target price of RM0.390 with stop
loss placed at below RM0.270. Following our
earlier BUY call on 7 May 14 at RM0.245,
share price has continued to climb along the
rising trendline and is now approaching our
target of RM0.320. Last Friday’s gap-up on
extremely higher trading volume of 17.1m
shares (vs 20-day average of 2.5m) was
marked as a continuation of the current up-leg,
thus potentially extending towards the previous
high of RM0.320. The positive readings in both
the MACD and Stochastics have given an
impression of a stronger momentum, which in
turn should push share price higher. A
breakout above RM0.320 should ensure a
continuation of the uptrend as we peg our
medium-term upside target at the 1.61x
Fibonacci extension level of RM0.390.
2014-06-16 18:28 | Report Abuse
Salcon (SALC MK)
Technical BUY with +13.6% potential return
Last price : RM0.880
Target Price : RM0.94, RM1.00
Support : RM0.75
Stop-loss: RM0.745
BUY with a target price of RM1.00 with stop
loss placed at below RM0.745. Following our
earlier BUY call on 29 May 14 at RM0.790,
SALC has exceeded our first target of
RM0.855 and is now approaching our second
target price of RM0.910. Given the recent
pullback to the immediate support of RM0.750,
SALC has recovered and is poised to complete
the classic 1,2,3 pattern, which signifies an
upward continuation hereafter. An uptick in the
RSI suggests improved momentum while the
EOM indicator which highlighted the
relationship between prices and volume has
crossed above the zero line, indicating a
stronger trend to climbing higher. Moving
forward, we peg our medium-term target price
at the psychological resistance of RM1.00
2014-06-16 16:32 | Report Abuse
https://www.facebook.com/photo.php?fbid=805250236152921&set=a.228820880462529.68340.228799620464655&type=1&theater
DATASONIC READY TO BREAKOUT,, 1.94
PLEASE LOGIN TO FACEBOOK FIRST
2014-06-16 01:43 | Report Abuse
inorder to move up must have news ha... kidex is also having probelm
2014-06-16 01:38 | Report Abuse
in the past tony fernandez was interested to come in...but higher management does not like this,,because if tony comes in,,their honeymoon period will be over.. so they went arround brainwashing the field staff n unions, to stop tony from coming in...real stupidity
Stock: [CMSB]: CAHYA MATA SARAWAK BHD
2014-06-23 20:47 |
Post removed.Why?