Public Investment Research started agricultural producer QL Resources Bhd with an "outperform" call and a fair value of RM3.83 thanks to its strong agricultural business and aggressive expansion plans.

Ready to move further.Cheer

Kokopipi,Is good as a Unisem employee.You should know more on company status progress.Have a nice trading day's .Thanks.

Yinson share price RM2.14.
Yinson PE ratio projected about 14x Jan 2013, and <10 2014 and about only 6x in 2014.
Growth starting from Jan 2013.
Gearing about 1x.
Dividend yield is about 1% only.
Yinson target price fair value RM2.54 Maybank and RM2.68 Kenanga

Comments by Maybank
Results in line, maintain BUY with a MYR2.54 TP. Results met our expectations, with a strong QoQ performance all round. We maintain our earnings forecasts. Yinson offers strong earnings growth (3-year net profit CAGR of 54%) and an exposure to the Vietnam O&G sector without the Dong currency risk, at undemanding valuations. Our SOP-based TP implies a FY1/14 PER of 10x.

Comments by Kenanga
Corporate exercise for the equity portion of FPSO within CY12. Yinson is likely to call for another corporate exercise to fund its equity portion of the FPSO contract. As such, there is a potential for earnings dilution in an early stage, which is something investors should note as well.

Maintain OUTPERFORM.We are positive on the company's prospects given its significant growth trajectory. We have an Outperform call on the stock with a target price of RM2.68 based on FY14 Sum-Of-Parts valuation.

Unisem may continue to climb after the firm close yesterday. A position can be initiated above the prior two-week high of RM1.39, with a close below last week's low of RM1.34 as a stop-loss. The price targets are the prior highs of RM1.56 and RM1.63. However, the stock may decline if the stop-loss is triggered.

In any case, we prefer long steel to flat steel players ' where the former is set to benefit from a multi-year kick in domestic infrastructure spending from 2H12 onwards. Our top picks are Ann Joo Resources and Lion Industries.

Coupled with the normalisation of key input cost in recent months (e.g. iron ore, coal) and roll-out of select domestic infrastructure projects, this could trigger an inflexion point for local steel players moving into 2H12. To be sure, prices of domestic steel bars have risen ~20% to about RM2,500/tonne from late-2011 levels even before the expected ramp-up in steel demand from the Sg.Buloh-Kajang MRT project.

JimYeoh,just my opinion.First must breakout RM1.32 by short-term and with high volume support.Test it out by tomorrow ? Have a nice trading day's.Thanks

Yes.I did it.cheer

I colleting on this counter ...Cheer.

Good day's for CanOne and KianjOO.Keep it up..and up.Cheer

Base on the Bursa announcement records,last entire month the Employees provident fund board and AmanahRaya Trustees Berhad-Skim Amanah Saham Bumiputera keep disposed on CMMT shares.Be caution !!! Keep buy on weakness.

Prime Minister Datuk Seri Najib Razak today (03Jul2012) announced the establishment of a RM1 billion Domestic Investment Strategic Fund.

The fund is intended to accelerate the participation of Malaysian-owned companies in the global supply chain of namely high-value added, high technology, knowledge-intensive and innovation-based industries.

Agreed.Let's stay more focus.

successfully shares the KJCF (KIANJOO, 3522 Main Board of the industrial shares), the market optimistic about the crown Mong Group (CANONE, 5105, the motherboard industry shares) will champion the local canning industry is expected to become the horse shares and a bright dazzling pearl. In fact, this pearl from the beginning, Blair, its stock jump from one ringgit at the beginning of the past six months or more than 140%; into the first trading day of July, the stock-breaking highs, hanging to close to 2.58 ringgit. Rose 7 cents, or 2.789% in a day. Kennan Jia optimistic about the research analyst, stock height is not high, the stock is expected to a higher level, that a reasonable price from 3.15 to 4.95 ringgit price. Crown Wang Group strategic stake in Kian Joo Can Factory, which lead to market a high-profile. Stake in Kian Joo crown Mong Group first quarter results prove the company's existing food business has high growth. The Group's first quarter turnover rose 4 percent, core net profit doubled to grow to 10.1 million ringgit. The analyst outlook, the canning industry of the group to earn pieces of the future but also from the food industry is booming, enjoy the spillover effects. "Crown Wong Group and KJCF, respectively, is the canning industry, aluminum cans sector giant, a combination of both can be further growth in the domestic and regional." For example, the two companies to bulk purchase of raw materials to reduce costs and help expand the earned amplitude and net profit. Outlook 2012 and 2013 fiscal year, analysts expected the crown Wang Group's core net profit can be increased by 43% and 23%, to 48.9 million ringgit and 60.1 million ringgit. Acquired 32% stake in KJCF effectiveness level plus the profit forecast, analysts estimated the value of the stock should go to 4.95 ringgit, equivalent to 97% bullish space. "Even excluding equity of KJCF is not, and the crown Wong Group with the existing business base has been worth the price of 3.15 ringgit. analyst in accordance with the 2013 financial year net profit forecast, given the stock eight times estimated earnings ratio.

Telekom Malaysia to maintain overweight rating
However, analysts stressed that Telekom Malaysia is still worth investing in, Telekom Malaysia International (TMI, 6888, the trade service group) may be paid four billion ringgit, Telekom Malaysia as a special dividend, HSBT the competitive threat of material in a about will emerge. To maintain a "coded" Telekom target price of four ringgit 10 cents.
Telekom still provide investors with a sense of security, the main business stability, low debt ratio and potential revaluation of the catalyst.
The Digital Network (Digi, 6 947 the motherboard Infrastructure Planning Group), Celcom (Celcom) with Maxis material will benefit from the plan, because this can increase the turnover of income and reduce no-load transmission costs.
Other potential beneficiaries include the time network, mainly HSBT may lease fiber optic wire to it; fiber optic wire manufacturer the OPCOM holding (OPCOM, 0 035, MESDAQ industrial products group) is also a beneficiary.
HSBT said that the scope of the plan's customer network and content providers, including Internet service providers such as digital networks, Jaring, Maxis (Maxis) and time network (TIMECOM, 5031, the motherboard infrastructure projects group), etc.; mobile phone operator; such as ASTRO (ASTRO, 5076, the trade service group) and FineTV; infrastructure companies such as water Works with energy companies; universities, colleges and hospitals.

Hand-held 45 million cash ‧ OPCOM Holdings is in talks to buy
Malaysia 2011-09-16 13:47

(KUALA LUMPUR) After the special dividend ex, OPCOM Holdings (OPCOM, 0035, GEM industrial products group) still holds more than $ 5 million ringgit in cash to expand large-scale acquisition plan, expect to achieve in the next six months specific agreements.
The Executive Director Cai Guanghua after the shareholders' meeting, said: "We are to discuss the planned acquisition of related businesses with domestic and foreign companies, especially European companies involved in the field of technology and telecommunications services."
Does not rule out the Transfer
He stressed that the the OPCOM holding for many years no debt, once started greater than the size of the company's acquisition plan, I believe can easily obtain financing.
Meanwhile, he disclosed that involves a huge acquisition of funds, the company does not rule out a transfer board to the motherboard, to expand a larger financing plan.
Within OPCOM Holdings has been in the discussion-board matters, but considering the listed funds involve a higher, at this stage does not make a decision in this regard, until the right time. "
Europe by the debt crisis, but Cai Guanghua but think that this is an opportunity to lower valuation to commence the acquisition.
The company announced last month that the payment of a special dividend of 22.5 cents, ex-dividend on September 14, enjoy the date of September 19 and will be paid to shareholders on September 28.
Do not worry about Telekom Malaysia not to renew
The OPCOM holding gains from Telekom Malaysia (TM, 4863, Main Board of Trade and service group), but he is not worried that the face of difficulties not to renew, because the company has a certain strength, and have collaborated with each other for 16 years. The company's contract with Telekom Malaysia will expire in April 2013.
Fiber-optic cable companies operating in Malaysia are not only 3-4, coupled with the business the higher threshold, so the competition is not. "
Caiguang Hua pointed out that the continued investment in high-speed broadband network (HSBB) program with the government, the telecommunications industry needs to rely on fiber-optic cable business Long Term Evolution (LTE) network, which will ensure the stabilization of the market demand for fiber-optic cable, the company expected to maintain last year's good performance.
In addition, because the existing plant's production capacity has been nearly 100%, so the company spent more than $ 3 million ringgit construction of a new plant, scheduled for completion within the next 6-9 months.

OPCOM 82 million renewal order signed with Telekom Malaysia
Malaysian Finance 2012-05-03 18:52
(KUALA LUMPUR) OPCOM Holdings (OPCOM, 0035, GEM Technology Group) announced that the company, and Telekom Malaysia (TM, 4863, Main Board of Trade and service group) signed a total value of $ 2 million ringgit renewal orders.
[Fishing Monthly] memories from the child's frequent visits to the home behind the small river fishing mountain crucian carp, a mix flour and crush Belacan tablets mixed with water, it becomes the most effective bait.

The company's statement pointed out that its wholly-owned subsidiary - the Opcom Cable Co., Ltd. and Telekom Malaysia to sign the above contracts, which will expire on April 19, 2013.

The Muke force reduction Opcom holding nearly 27%
News Finance 2010-04-02 11:24
KUALA LUMPUR (Bernama) - International Trade and Industry Deputy Minister Nadumuke force the sale of 26.9% of Opcom Holdings (OPCOM, 0035, GEM) equity M Ocean Capital Private Limited. Financial Daily TheEdge "reports, the M Ocean Capital Pte Ltd is the Muke force the wife拿汀诺希达all. The above transactions were carried out in March 26. The Muke force the Muke force in April 2009 was appointed as Deputy Minister of Trade and Industry, and within 60 days to sell off the hands of Opcom Holdings of equity, then served as Chairman and Managing Director had pointed out that, in June of that year, he will be for sale shares. According to the the Opcom holding the 2009 Annual Report, as of March 31, 2009, Muke force holds 6506 shares, or equal to 50.44 percent stake. May 8 last year, the the Muke force announced his resignation the same day, his哥哥慕扎尼is appointed as the Chairman of the Opcom Holdings.

Contract gap 82 million OPCOM Holdings Jan 3 percent
Financial News Finance 2012-05-04 12:39
(Kuala Lumpur, on the 3rd) fiber-optic cable manufacturer OPCOM Holdings (OPCOM, 0035, GEM) announced by the Telekom Malaysia (TM, 4863, Main Board of Trade and service shares) issued by the RM 82 million contract off the difference between the today's stock price rose nearly crashed %.
OPCOM Holdings announced that the amount of the contract changes are Telekom Malaysia earlier awarded the contract of 300 million to 59 million ringgit.
The company announced in April 2009, by the horse telecommunications contracts issued issued 300 million to 59 million ringgit of the fiber to the home (fibre-to-the-home). In addition, in May last year, the contract was extended for two years to April 19, 2013.
The statement pointed out that the prediction of the amount of the contract changes in the contract before the deadline on April 19 next year for the company's profit and net assets contribute positively to society.

GEM dividend good
Although the capital of the GEM than the motherboard comes little, but some companies in 2011 can still hand in dazzling transcripts, or even pay a dividend to reward shareholders.
Listed in August 2010, the Long March Holdings (SCC, 0158, GEM), is the champion of the 2011 GEM dividend king announced the payment of a dividend of 6.50 cents. The fiscal year ended December 31, 2011, the company achieved 5.204 million ringgit net profit of RM 35.624 million turnover.
The runner-up position from the semiconductor field of LNG resources (LNGRes, 0025, GEM) in the fourth quarter dividend of 2 cents, accumulated throughout the year up to 3 cents; runner-up Al software (ELSoft, 0 090, GEM) won the single quarter and full year dividend payments were 1 cents and 2 cents.
One OPCOM Holdings (OPCOM, 0 035, GEM) most recent quarterly dividend payments, the cumulative first three quarters of the group has distributed a dividend of 24.5 cents per share, the GEM companies to distribute the highest dividend.

By the Telekom fiber-optic cable service contracts OPCOM Holdings rose 30%
News Finance 2009-04-23 18:11
(Kuala Lumpur, 23 Bernama) - Telekom Malaysia (TM, 4863, Main Board of Trade and service shares) fiber-optic cable service contracts, OPCOM Holdings (OPCOM, 0035, Mesdaq) shares today are motivated, wrote a 30 percent increase.
OPCOM Holdings announced yesterday, Telekom issued a KLCI 300 million to 59 million ringgit contract, which provides for the fiber-optic cable service supply, delivery, training and support services. Is expected that this two-year contract, will be the company's earnings and net tangible assets, and bring a positive contribution.

Expert on the shares: holding 11.3 billion contract broadband industry expansion boom in OPCOM
News Finance 2010-12-20 18:29
OPCOM Holdings (OPCOM, 0035, GEM) is a leading manufacturer of China's optical fiber, at the same time also the number of network engineering, network backbone provider, the company can directly benefit from the existing domestic broadband expansion and upgrade project.
Value of 11.3 billion ringgit a 10-year high-speed broadband plan is believed to be the main driving force of the company's business.
The company's four business skeleton cable, loose tube cable, indoor cable and cable assembly.
As of September 2010, the company's net cash of 56 million ringgit, or 44 cents per share, in the second quarter of 2011 net profit of 5.1 million ringgit, which is the highest level in the past 10 quarters.
In the 2011 fiscal year, the first quarter and second quarter, OPCOM Holdings issued a quarterly dividend of 1.5 cents, if the company to continue to issue a dividend of 1.5 cents in the third quarter and fourth quarter, issued by the company's full-year dividend Total is $ 0.06, or equal to 8.1% dividend yield.
Apart from the company's net cash, the company's PE ratio is only 2.8 times, our three-month target price is 90 cents.

Buy stocks is to buy shares of the company. To buy shares is to buy part of the business and assets of the company, called investment.
Investment in the success or failure depends on the success of the company, not to determine the ups and downs in the stock market.
As long as the company's profit is higher and higher, your shares will become increasingly valuable, also increasing your wealth.
So, after you buy stocks, you should be concerned about the progress of the company's business, not the ups and downs of the stock.

Just for sharing my opinion.Have a nice investment day's.

Valuation

SCC is now trading at a PE of 7.4 times (based on last 4 quarters' EPS of 12.5 sen). At this PE multiple, SCC is deemed fully valued for a smallcap.

Technical Outlook

SCC broke above its resistance at RM0.65 & RM0.78 over the past 2 months. The breakout above its IPO price is quite significant as this means that investors have come around to view the stock in a positive light. For this to happen in a market that is overflowing with negative sentiment, speaks a lot about the positive outlook for the stock. However, the current strength could be due to nothing more than an attractive dividend payout of 6.5 sen (entitlement date: July 7).


Conclusion

Based on good financial performance and potentially bullish technical outlook, SCC could be a good stock for long-term investment.


Posted by Alex Lu at 6/12/2012

Fourth quarter net profit increased 18 percent HAIO dividend of 7 cents

EP Manufacturing (EPMB, 7773, the motherboard industrial products group) to RM 1.7 billion acquisition of Lomb Avenue (Maju Expressway) to face a lot of resistance, the company still expected to complete this acquisition in the tip of this year. Looking at the 2013 financial year contribution to the turnover of 100 million ringgit.
[Fishing Monthly] memories from the child's frequent visits to the home behind the small river fishing mountain crucian carp, a mix flour and crush Belacan tablets mixed with water, it becomes the most effective bait.

EP Manufacturing Executive Chairman Hamidon emphasized that the main consideration for the acquisition of this avenue were the stability and circulation revenue / cash flow, this acquisition also get a good credit rating, the company will provide a clearer financial information in the future shareholders of large, in order to enable shareholders to approval.

Integrated renewable energy power producer, Cypark Resources Bhd, has announced revenue of RM43.6 million and net profit of RM7.8 million for the second quarter of financial year ending Oct 31, 2012.

Revenue for the same quarter recorded a growth of 6.5 per cent to RM43.6 million from the RM40.9 million in the corresponding quarter of the last financial year, while profit before tax surged 33 per cent to RM10.1 million from RM7.6 million previously.

The improved performance was attributed to the project secured for the proposed construction and completion of road works, drainage, utilities and landscaping works at Putrajaya under the landscaping and infrastructure segment, the group said in a statement today.

I like this waterfall stock.Touch bottom and foresee to rebound.
Let invest more time to review ALAM on 2H12 further profit performance of the possibility of double-digit growth.

Is right time to collect more on current stage of share price.Have a good investment day's.

ALAM intends to bid for Petronas (Petronas) to 16.4 billion 80 million ringgit development of the North Malay Basin, part of the project, while not rule out the revenue this year, will receive double double-digit pace.
Company Managing Director and Chief Executive Officer said that the end of the Ards Mia will use their own advantages in the local competitive bidding projects, including transmission station for the Petronas gas in the North Malay Basin oil and gas development plan collective projects.
As for the joint venture cooperation with Saudi Arabia Globe marine services company, he revealed to have begun to expand the competitive bidding project in the Saudi Arabia region.
The company is armed with 700 million ringgit orders busy enough for 2-3 years, including two ship contract for 14 years, the net debt ratio 1.1.
The company is actively integrated offshore support vessels (OSV) and offshore installation and construction (OIC) markets, to increase the utilization rates of ships, to provide the niche field of deep-sea exploration and remote control with (ROV) services, to improve competitiveness to provide customers with comprehensive services.
"We are ready to provide related services, is expected to offshore installation and construction of the business will continue to grow, to contribute to the second half."
When asked, and whether he has set the profit target this year, he said that is still impossible to predict the profit amount, it is expected that performance will be better than last year, does not rule out that the turnover of the possibility of double-digit growth.

Translated from : Links for foreigners: "Venture Taurus" SCC Holdings ● Cold.

(SCC, 0158, GEM), is such a stock.
Listed on the GEM (ACE) since August 3, 2010 has been a full 22 months, I believe most investors, have not noticed such a stock, not to mention the company's live and products. No wonder the company's share price has failed to break the listed price of 78 cents.
However, if you read the prospectus of the company's quarterly quarterly, as well as the 2010 and 2011 Annual Report, you will find the following facts:
● The company had two consecutive years, won the "Golden Bull Award of the Nanyang Siang Pau, which is the affirmation of the quality of the company.
● Although the company as a GEM, already 40 years old, through a series of stormy weather, not only will survive and live a more tough.
● March 31 this year, ended the first quarter of financial year to more than 21 million of capital, banks have deposits of 21 million, did not owe the bank a penny, there are a few motherboard companies can do?
● This year dividend of 6.5 cents (tax-free) (ex-dividend date: June 28; collection dates: July 16), 4 cents last year (tax exempt).
● The company adhere to the principle of "conscience money" business, the founder in order to protect people's health as their responsibility to the people's health, we must first ensure that people eat healthy meat - chicken, pork, and does not contain harmful people health feed additives, especially antibiotics.
So, twenty years, the company spared no effort to promote clean feed program, committed to educating the chicken farmers, pig farmers, the use of non-antibiotic feed additives, to the clean production of meat, so that people eat healthy. This to achieve the purpose of protecting people's health through the promotion of animal health products, is a very noble business philosophy.
The company also operates a catering equipment business, to advocate and promote the new food culture.
From the perspective of the business philosophy, the company engaged in the green revolution of the Levi beings. From the perspective of business strategy taken by the company Blue Ocean Strategy.
5 condition of quality stocks
The company complies with the five conditions of the second line of quality stocks:
① a reasonable profit: net profit of 12 cents per share.
② reasonable dividend: tax-free dividend distribution of 6.5 cents, equal to 53% of the net profit of more than 35% of the prospectus, the prospectus promised. The cash-rich companies, capital expenditure and therefore the ability to maintain the dividend this year; currently 75 cents of stock, the dividend rate as high as 8.6% and a half times higher than bank fixed deposits.
③ stable cash flows, financial stability.
④ to the share price of 75 cents per share, net profit of 12 cents to earnings ratio is only 6.25 times.
The ⑤ moderate growth: Lock in 2018 brand to the world.
Investment Strategy: long-term holding, personal tracking the performance of the company's progress and investment trends.

Targeting to take some profit by next week onward.Cheer..

Danielttoob & Marcus.Agreed and support.Thanks

Article from Wen Shilin Master .Nanyang Press.

steel horse (MASTEEL, 5098, the main board industry) and the Dutch mining company, Trafigura (Trafigura) signed a contract to supply 270,000 metric tons of steel in three years, worth 500 million ringgit.

　Ma Steel Managing Director and Chief Executive Officer Datuk Seri Dai Xianlong, said: "the three-year contract will begin in the second half."

　He pointed out that the full production start-up With this contract, Ma Steel upstream and downstream production capacity in the next two years.

　"Ma Steel continued to expand its production capacity is expected to upstream production capacity from 50,000 tonnes this year, upgrading to the next year 600 000 tonnes.

Thursday (28) listed on the associated soil Global is the world's third largest oil palm industry, the gross acreage of 320 003 thousand 587 hectares, after Sime Darby (SIME, 4 197 motherboard trade service group) and the golden light of agricultural resources (Golden Agri-Resources).
Supply Felda fruit string of palm oil
The company recently signed an agreement and the parent company, Federal Land Development Authority (Felda) to supply the latter of fresh fruit bunches and palm oil. New business model of our the couplet earth global view of the front, which will bring the flow of new turnover, while palm oil sales to the company's turnover contribution is expected to more than 55%.
Replanting program of 10 005 thousand hectares per year since the 2012-2015 year, the company is expected to promote the old trees, the proportion in 2015 from 54% to 35%. The plan may reduce the fresh fruit bunches back to paid and production in 2012-2015, may be required since 2017 to bring fruit.
Associated soil worldwide strong cornerstone investors, including the Employees Provident Fund (EPF), the National Investment Agency (PNB), Pilgrimage Fund Board (Tabung Haji,), the raw product group - Louis Dreyfus (Louis Dreyfus), Qatar Holding (Qatar Holding), the insurance giant - International Assurance (AIA) and the Malaysian corporate big Hengdansili Quek Leng Chan and Tan Cai Ma Friends of

Company Name: the abbreviation of soil associated global (Felda Global Ventures) :, FGV stock code: 5222 group: motherboard planting group Listing Date: June 2012 (Thursday) par value: 1 RM IPO Price: RM 55 cents target price: 5 ringgit 40 cents Public Offering: $ 80 million shares (Sin Chew Jit Poh / Finance)

Hi Marcus Beh,在买进之前，问自己：如果此股大跌，我敢买进更多吗？

CIMB International (CIMB, 1023, motherboard financial shares) to exit the reorganization plan of the Asian oil (APH) project support, market participants worry that Muhibbah (MUHIBAH, 5703, construction stocks) will need fully provided for, and likely to fall into a loss situation. Under the impact of the negative news, Muhibbah the face of strong selling pressure Wednesday, fell 18 cents, or 15 percent throughout the day, the joint subsidiary - Fai high (FAVCO, 7229, motherboard industrial shares) shares also fell to 3.774 %

Steel prices steady growth in September, "Economic Transformation Programme (ETP), Klang Valley's Mass Rapid Transit (MRT) will gradually start, we also have a bid for one of the steel supply contracts, believe that the proportion of the supply will not be much to change. " Dai Xianlong also predicted, with the large-scale project is about to start, plus Eid al-Fitr after the end of little public holidays, steel prices are expected to grow steadily after September this year.

The Wall Street Journal comments, Felda Global Investment Holdings (FGVH) IPO enthusiastic response, but based on the company's crude palm oil production is lower than their peers, therefore, believe that investors will not be long-term holdings. Upcoming Thursday (28), listed on Bursa Malaysia Felda Global Investment Holdings, the listing of activities to raise 9.3 billion ringgit. The company on Tuesday announced first quarter results, showing that its earnings fell 50 percent year-on-year, mainly because of rising planting costs. The Wall Street Journal reported the company's performance, and the title of the prospectus, the company hailed as the world's third largest palm oil plantation companies there is a difference. The company's turnover is not much growth, rose by only 1.8%. Meanwhile, the report also pointed out that the reason given by the profit decline, seems far-fetched. Felda Global Investment Holdings is to pay costs beyond the budget. The Wall Street Journal that plantation companies should be aware of the cost of the new tree planting. In addition, Felda Global Investment Holdings, said the age of the company's high, so it is necessary to turn the species. This is why compared with their peers, the company earned amplitude appears low. This review article of the Wall Street Journal also pointed out that such a performance, unable to arouse the interest of investors. Investors may not long-term holdings. Since February 2011, Felda Global Investment Holdings is the largest in Asia, or this year, the world's second largest listed second only to face the book of $ 16 billion. Felda Global Investment Holdings Offer 8800 2.1 billion shares, per share price of 4.55 ringgit. Institutional investors part up to 1.9 billion 15 million, employees 200 million and 600,000 shares. The remaining 200 000 000 7 361 Million for retail investors to subscribe.

Regional cocoa grinder Guan Chong Bhd received the nod from the Singapore Exchange yesterday to display its prospectus for its impending listing on the main board of the republic's stock exchange.

Tomorrow buy on outperform call.Have a good day tomorrow.

The company's new business is expected to have good earnings prospects, particularly small businesses in rural areas more difficult to obtain bank loans. However, in the management of new business to make further announced that the bank temporarily its earnings forecast remains unchanged, give it a "buy" rating, the reasonable price of RM4.14

MBSB is still aiming to disburse a total of RM8.0b of PF-I loans. 1Q's RM2.9b in loan disbursement already made up 36% of its full year target. Hence, we believe its balance sheet expansion story remains intact. The stock's valuation still looks ndemanding at 5.9x PER post-adjustment against its banking peers of 13.0x. It also offers a 2.5% net dividend yield. We maintain our target price at RM2.70 based on a targeted P/BV of 1.6x FY13 BV of RM1.70. Its ROE of 28.1% remains one of the highest for financial stocks.

Maintain OVERWEIGHT. continued confidence in the sector is premised on the steady project news flows that we have seen from Petronas. Key themes underscoring Malaysia's oil and gas play will be the four key thrusts outlined in the (ETP) which are 1) sustaining oil and gas production, 2) enhancing downstream growth, 3) making Malaysia the number one Asian hub for oil field services and 4) building a sustainable energy platform for growth. YINSON (OP; TP:RM2.68) is now our TOP PICK for its position as a proxy to the burgeoning oil and gas market in Vietnam. Meanwhile, we have OUTPERFORM calls on Alam Maritim Resources (OP; TP:RM1.14), Coastal Contracts (OP; TP:RM2.53), Dialog Group (OP, TP:RM3.09), Petronas Chemicals Group (OP; TP:RM7.46), Seremban Engineering (OP; TP:RM0.55), Uzma (OP; TP:RM2.55) and Wah Seong Corporation (OP; TP:RM2.23), and UNDERPERFORM calls on KNM Group (UP; TP:RM0.73) and MMHE (UP; TP:RM4.65).

Islamic bank (BIMB, 5258, motherboard financial group) shares jumped 58 percent so far this year, Maybank Research the company and its Malaysian takaful (TAKAFUL, 6139, Finance Group) Outlook view positive However, I believe that stock prices fully reflect its intrinsic value.
Loan growth to maintain impressive
Maybank Islamic Bank ended the first quarter of this year, loan growth achievement remains impressive, up 20 percent year-on-year, the loan portfolio re-balancing towards the floating rate, net interest earned rate steady, apart from the asset quality continued to improve .
"We raised the company's 2012 loan growth target to 15.7%, but predictable earn rate in the quarter trend soft, although the rise in financing costs and returns lower, the bank tax rise has caused some erosion.
Islamic Bank's personal loans ended the first quarter year-on-year growth of 19%, 75% of total loans, housing finance and personal loans growth of 15% and 35%, 29% of the floating-rate loans to total loans, before the quarter 26%.
Cost management through savings, the Islamic Bank last year's fourth quarter net interest earned rate slightly rose to 3.07 percent, but due to the floating-rate pricing of new private loan package to teach a low fixed rate loans 10-15%, plus the issuance of Islamic bonds supplement the capital program increase the overhead of financing, Maybank believes that future interest earned rate may be weakness.
However, asset quality continued to improve for doubtful rate fell to 2.3 percent as of March this year, an average of 2.5% of the comparison field, financing loss coverage was steady at 118%.
Maybank also said to rise after the last few months, the Islamic bank stock valuation now stands at 2012, 1.7 times book value, close to the field an average of 1.8 times, and has been fully reflect the 1.6 times book valuation of the bank to maintain the target price at 3 ringgit, down to "sell" rating.

PRESBHD the motherboard trade service group announced that received the invitation of the Ministry of higher education established in the country "operator University (University Of Computing)", the future or suddenly into the Education Unit, OSK Research raised the stock target valuation of 10 times earnings ratio, at the same time to increase the 2013 fiscal year earnings forecast to 4.1 percent.

PRESBHD, 5204, the main board of trade allowed to participate in the new university was established, the stock trading hot, today the top ten up and one of the hot stock.

　PRESBHD main business of information technology training and certification, as well as software license distribution and management of the company but also for government agencies to provide staff training courses.

　The company announced last Friday (22) PRESBHD bright, wholly owned subsidiary of Education received a letter of invitation from the Ministry of Higher Education, to participate in the work of the founder of the Malaysia University of Science and Technology computing (UNIVERSITY OF COMPUTING MALAYSIA).

IVORY-WA is the one in the last month began trading vouchers. The voucher is supplied by Wei Lee Industry Group through the sale of additional equity financing "dessert".
Although the company's current share price is lower than the subscription price of 55 cents of additional shares, free gift vouchers in the current price of 19 cents has made profitable investors to subscribe for additional shares. IVORY, the parent stock 52.5 cents last week to end the transaction.
IVORY is a main base in Penang and Northern Industrial Development Corporation. The company's 2012 first quarter net profit fell 31 percent to 351 million ringgit more than 511 million ringgit in 2011.
However, the company said in a statement that while there will be significant growth in the second quarter results will be completed the acquisition of associated companies.
IVORY, the main force of the future industrial development will be the estimated development value of up to 10 billion ringgit Penang World Urban.
IVORY-WA current valuation is not from the point of view of the premium and implied volatility is low.
This reflects investors deeply optimistic about the future prospects of the company.
If IVORY is optimistic about the stock performance, conservative investors should buy the shares of the mother of Wei Lee Industry Group.
Wei Industry Group of business generally reflects the development of Penang future of the industry, promising to participate in Penang friends can also choose to leverage up to 1.8 times IVORY-WA.

Sozo..RM0.59 I make a move first.Bye-bye