Trading Stocks - 11 September 2015 - Lii Hen | AirAsia | Poh Huat | Xin Hwa | Only World | Sasbadi

Date: 
2015-09-11
Firm: 
RHB-OSK
Stock: 
Price Target: 
7.00
Price Call: 
BUY
Last Price: 
0.785
Upside/Downside: 
+6.215 (791.72%)
Firm: 
RHB-OSK
Stock: 
Price Target: 
1.26
Price Call: 
BUY
Last Price: 
0.865
Upside/Downside: 
+0.395 (45.66%)
Firm: 
RHB-OSK
Stock: 
Price Target: 
7.00
Price Call: 
BUY
Last Price: 
1.32
Upside/Downside: 
+5.68 (430.30%)
Firm: 
RHB-OSK
Stock: 
Price Target: 
1.26
Price Call: 
BUY
Last Price: 
0.20
Upside/Downside: 
+1.06 (530.00%)
Firm: 
RHB-OSK
Stock: 
Price Target: 
2.71
Price Call: 
BUY
Last Price: 
0.405
Upside/Downside: 
+2.305 (569.14%)
Firm: 
RHB-OSK
Stock: 
Price Target: 
2.80
Price Call: 
BUY
Last Price: 
0.16
Upside/Downside: 
+2.64 (1650.00%)

Lii  Hen  Industries  may  trend  higher  after  sustaining  above  the MYR6.26  evel  to extend its multi-year high.  Traders may  buy as  a bullish  bias could be present above this level, with a target price  of MYR7.00,  followed  by  MYR7.70.  The  stock  may  turn  sideways  if  itcannot  sustain  above  the  MYR6.26  mark.  In  this  case,  further support  is  anticipated  at  MYR6.00,  where  traders  can  exit  upon  abreach to avoid a potential further correction.

 


AirAsia  may  climb  further  after  sustaining  above  the  MYR1.07level  following its recent technical rebound.  Traders may buy,  as a bullish bias could be present above this level, with a target price of MYR1.26, followed by MYR1.40.  The  stock may turn  sideways if it cannot  sustain  above  the  MYR1.07  mark.  In  this  case,  further support  is  anticipated  at  the  MYR1.00  psychological  level,  where traders can exit upon a breach.

 

Lii  Hen  Industries  may  trend  higher  after  sustaining  above  the MYR6.26  level  to extnd its multi-year high.  Traders may  buy as  a bullish  bias could be present above this level, with a target price  of MYR7.00,  followed  by  MYR7.70.  The  stock  may  turn  sideways  if  itcannot  sustain  above  the  MYR6.26  mark.  In  this  case,  further support  is  anticipated  at  MYR6.00,  where  traders  can  exit  upon  abreach to avoid a potential further correction.

 


AirAsia  may  climb  further  after  sustaining  above  the  MYR1.07level  followingits recent technical rebound.  Traders may buy,  as a bullish bias could be present above this level, with a target price of MYR1.26, followed by MYR1.40.  The  stock may turn  sideways if it cannot  sustain  above  the  MYR1.07  mark.  In  this  case,  further support  is  anticipated  at  the  MYR1.00  psychological  level,  where traders can exit upon a breach.

 

Only World Group (OWG) was testing the MYR2.48  level in its latest session. Traders may buy if this level is breached in the near term, with a target price of MYR2.71. In the meantime, the stock may drift sideways  if  the  MYR2.48  level  cannot  be  surpassed.  Support  may then be found at MYR2.20, where traders can exit upon a breach.

 


Sasbadi may trend higher after closing above the MYR2.50 level in its latest session, albeit marginally.  Traders may buy as a bullish bias could  be  present  above  this  level,  with  a  target  price  of  MYR2.80. The  stock  may  consolidate  further  if  it  cannot  sustain  above  the MYR2.50  mark.  In  this  case,  further  support  is  anticipated  at MYR2.20, where traders can exit upon a breach.

Source: RHB Research - 11 Sep 2015

Discussions
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prescott2006

POHUAT's target price is wrong.

2015-09-11 12:59

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