The company plans to expand its product offerings to include more in-house certification programmes, set up sales offices and training centres in three new locations within Malaysia in 2H11, widen clientele base from the Middle East region via partnership arrangements, and develop its own proprietary test and assessment centres with in-house proprietary procedures and systems in 2012.

it has maintained a "buy" call with a higher fair value of RM1.38 on the company as it feels increasingly upbeat on the prospects, riding on the growing adoption of its self-developed solutions

YTLP: Outperform (TP: RM2.80)

Pantech Group Holdings Bhd will acquire 100 per cent of UK-based Nautic Group and its properties in Britain for 9.5 million pounds (RM45.45 million).

The company, which entered into a sales and purchase agreement with Nautic in the United Kingdom yesterday, expects the acquisition to strengthen its prospects and accelerate the group's thrust into the stainless steel, copper nickel market.

Nautic Group manufactures and supplies niche market pipes, fitting and flanges.

"The acquisition of Nautic Group is a great opportunity for Pantech Group to increase and improve our production capability into areas of high value-added products for the marine oil industry and other industries," said Datuk Goh Teoh Kean,

YTL Power International (YTLP MK; RM1.90) â?? BUY
FY13P/E: 10.9x, P/BV: 1.5x
Following on our previous buy call (see 9th February issue), the stock is now on the verge of a breakout of its ascending triangle pattern. Since this pattern is a bullish pattern, we expect prices to kick up from here.
Traders should continue to accumulate on weakness with a tight stop placed below RM1.81.
This breakout is likely to take prices back up towards its 38% Fibonacci retracement level of RM1.98. We would not discount that it could even reach RM2.09, its 50% Fibonacci Retracement if the RM1.98 level is breached.

MBSB: Expects 20% loans growth in 2012

Maintains buy !

4Q11/FY11 net profit of RM348m/RM1.5bn in line. Key drag to earnings are RM76m mark-to-market losses from hedging positions, RM40m impairment charge for CLOS and RM20m one-off HR expenses. Maintain Buy and RM9.10 TP.

Maintain BUY. We continue to like Oldtownâ??s exposure to the defensive F&B subsector and its attractive valuation at 10.5x FY12 EPS, plus decent top- and bottom-line growth moving forward. This will be further enhanced by its regional expansion plans. The company has declared a second interim dividend of 4 sen, bringing the total dividend to 6.5 sen for FY11. We maintain our BUY call, with an unchanged FV of RM1.55.

According to OSK, it upgraded Pantech to 'trading buy', at a target price of 79 sen, based on 7 times price earnings ration on financial year 2012 earnings per share.

Renounceable rights issue of 396,873,868 new ordinary shares of RM0.10 each in DIALOG ("Rights Shares") together with 198,436,934 free detachable warrants ("Warrants") on the basis of two (2) Rights Shares together with one (1) free Warrant for every ten (10) ordinary shares of RM0.10 each ("Shares") held in DIALOG ("Rights Issue with Warrants")

MBSB â??not awareâ?? of privatisation intention
 â?¦after a local newspaper reported that major shareholder EPF was
considering privatising MBSB to allow the former to do much more
with its residual properties. (Malaysian Reserve)

On to the past historical result of how China's company had cheated shareholder on their highly manipulated finance result, especially on the cash holding, it had traumatized much investor because of the wicked style that had been adapter by the owner in China. However, I would admit that some of the company could be genuinely good and undervalued.

I believe China stock had been taking a hit in a rather slow and quiet manner lately. Judging from the overall China stocks, there could be possibly a hit from their lows.

Sozo keep on uptrend ..very good.

OSK Research has maintained a "buy" call for QL Resources Bhd with the fair value unchanged at RM3.62, backed by the company's solid earnings track record and an on-track expansion in Vietnam and Indonesia.

In a statement today, OSK Research said QL Resources is the biggest surimi producer in Malaysia with a 50 per cent market share.

It also said that the company plans to add another new production line for Surimi and fishmeal operations in Indonesia.

"Based on this plan, starting from financial year 2013, the company will boost its production capacity to 10,000 tonnes per annum from the present 5,0000.

"The company has also expanded its integrated livestock farming by venturing into Vietnam and Indonesia," the research firm added.

"As for its palm oil division, a new crude palm oil mill in Indonesia was completed early this year, with a palm pellet plant slated for completion by the second half 2012," the research firm said.

OSK Research said the company has planted 10,000 hectares of its oil palm estates in Indonesia and is expected to complete planting on 15,000 hectares by financial year 2014.-- BERNAMA

Read more: OSK: 'Buy' call on QL Resources stays http://www.btimes.com.my/Current_News/BTIMES/articles/20120209135802/Article/index_html#ixzz1lsiSKWDe

Based on satisfactory financial performance & reasonable (no longer cheap) valuation, MBSB is a good stock for long-term investment. However, we must monitor this stock closely as it has suffered a drop in its top-line & bottom-line in the latest quarterly results. If it is a one-off decline, we can hold on to this stock. If not, we may have to reassess our position.
Posted by Alex Lu at 2/03/2012 03:07:00 PM

Acquisition of new subsidiary by QL Feedingstuffs Sdn. Bhd., a wholly owned subsidiary of QL Resources Berhad ("QL")

Proposed Final Dividend of 7.0% less 25% Income Tax for the Financial Year Ended 31 December 2011.

MBSB is superstar stock for 2012..

Recommendation
Potential catalysts in 2012. Our checks with management are encouraging. Order
book replenishment prospects are healthy and the focus is on larger-scale jobs. Last
year, Mudajaya landed just one project â?? the RM720m extension of the Janamanjung
coal-fired power plant. 2012 is likely to be a better year as it could clinch more than
RM1.5bn worth of contracts, driven by WCE and the extension of Tanjung Bin power
plant. This would raise its order book from RM4.6bn currently to an all-time high of
over RM6bn by end-2012.
Maintain Buy and RM3.43 target price. Mudajayaâ??s 49% share price decline last
year presents a good buying opportunity as we expect positive newsflow this year.
The outlook hinges on the rollout of major ETP and 10MP projects including major
highway jobs, the MRT and power plant extensions. Our Buy call remains tradingoriented,
in line with our recent downgrade of the construction sector from Overweight
to Trading Buy. We make no changes to our EPS forecasts or RM3.43 target price,
which remains pegged to a 40% discount to RNAV. The main potential rerating
catalyst is project wins

Pantech Group Holdings Berhad

Sales in 3QFYFeb12 up 49% y-y and 12% q-q

Trading sales registered good traction

Expect strong double-digit growth in FY12-FY15

2012E annualised P/E of only 5.1x with 6.5% net yield

Good for long term invest...

Pantech said it would focus on and expand its existing revenue-generating
businesses and seek opportunities to grow them, both locally and overseas.

It said one of them was to expand its capacity as the major pipe, fittings
and flow controls solutions provider to the oil and gas industries and related
upstream and downstream industries.

The group expected the long-term outlook of the oil and gas industries to
continue to be positive with the expected multi-billion ringgit oil and gas
investments under Economic Transformation Programme.

Barring any unforeseen circumstances, the group expected its overall
performance for the current financial year to remain satisfactory. -- Bernama

Rebound further today.Good..

Share price bottom up....

Buy China, Thai stocks, says HwangDBS
Publish date: Fri, 13 Jan 17:58 | >> Read article in News

Now would be the good time and opportunity to buy China and Thai stocks due to their reasonable valuation, said Chief Investment Officer of HwangDBS Investment Management Bhd, David Ng.

What are you opinion on Pinepac ?

Sozo Global Limited ('Sozo') is a Mainland China-based food-stuff company listed on our exchange. Like many of the Mainland China-based companies, it suffered from poor perception. Based on its latest quarterly financial statements, it reported a net profit of RM31 million on sales of RM103 million. Annualized EPS is about 24.4 sen. As such, it is trading at a PE of only 1.8 times. It is expanding and is now seeking a second listing on SGX (here). Mainland China-based companies that listed on SGX can command a higher valuation than those listed on Bursa Malaysia.

Based on good financial performance, interesting prospects & attractive valuation, Sozo can be a good stock for investment.

Guanchg has set up a new coca grinding plant with annual capacity of 60000 tonnes in Batam. This new operation would require higher inventory of raw cocoa beans and also resulting in the holding of substantial WIP & finished products. The finished products are cocoa powder & cocoa butter. In the past one year, the global demand for cocoa powder was very strong while the demand for cocoa butter was weaker. This different demand for the two output resulted in increased holding of cocoa butter.

Any suggestion on Target price ?

Let's wait and see .