RHBInvest Research Highlights 04th October 2011

Date: 
2011-10-04
Firm: 
RHB
Stock: 
Price Target: 
14.50
Price Call: 
BUY
Last Price: 
17.50
Upside/Downside: 
-3.00 (17.14%)
Firm: 
RHB
Stock: 
Price Target: 
3.26
Price Call: 
BUY
Last Price: 
1.91
Upside/Downside: 
+1.35 (70.68%)
Firm: 
RHB
Stock: 
Price Target: 
2.21
Price Call: 
BUY
Last Price: 
3.30
Upside/Downside: 
-1.09 (33.03%)
Firm: 
RHB
Stock: 
Price Target: 
5.62
Price Call: 
HOLD
Last Price: 
4.91
Upside/Downside: 
+0.71 (14.46%)
Firm: 
RHB
Stock: 
Price Target: 
1.55
Price Call: 
HOLD
Last Price: 
2.26
Upside/Downside: 
-0.71 (31.42%)
Firm: 
RHB
Stock: 
Price Target: 
1.87
Price Call: 
HOLD
Last Price: 
0.99
Upside/Downside: 
+0.88 (88.89%)
Firm: 
RHB
Stock: 
Price Target: 
0.60
Price Call: 
HOLD
Last Price: 
0.295
Upside/Downside: 
+0.305 (103.39%)
Firm: 
RHB
Stock: 
Price Target: 
0.70
Price Call: 
SELL
Last Price: 
0.07
Upside/Downside: 
+0.63 (900.00%)
Firm: 
RHB
Stock: 
Price Target: 
3.93
Price Call: 
SELL
Last Price: 
0.43
Upside/Downside: 
+3.50 (813.95%)
Firm: 
RHB
Stock: 
Price Target: 
0.73
Price Call: 
SELL
Last Price: 
3.12
Upside/Downside: 
-2.39 (76.60%)
Firm: 
RHB
Stock: 
Price Target: 
2.07
Price Call: 
SELL
Last Price: 
27.48
Upside/Downside: 
-25.41 (92.47%)
Firm: 
RHB
Stock: 
Price Target: 
1.30
Price Call: 
SELL
Last Price: 
1.09
Upside/Downside: 
+0.21 (19.27%)

04th October 2011
 
Top Story: Oil & Gas ' Taking a step back in view of global headwinds        Neutral (down from OW)
Sector Update
Petronas Gas: Fair value at RM14.50                                                                  Outperform
Dialog: Fair value downgraded to RM3.26 from RM3.90                                   Outperform
Kencana: Fair value downgraded RM2.21 from RM2.99                                   Market Perform
SapuraCrest:  Fair value downgraded to RM3.36 from RM4.56                      Market Perform                                                                                                         
Petronas Chemicals: Fair value downgraded to RM5.62 from RM6.37         Market Perform
Dayang: Fair value downgraded to RM1.55                                                        Market Perform (down from OP)
Wah Seong: Fair value downgraded to RM1.87                                                 Market Perform (down from OP)
Perdana Petroleum: Fair value downgraded to RM0.60                                  Market Perform (down from OP)
KNM: Fair value downgraded to RM0.70 from RM0.93                                      Underperform
MMHE: Fair value downgraded to RM3.93 from RM5.62                                   Underperform
RH Petrogas: Fair value downgraded to S$0.75 from S$1.36                         Outperform                         
 
Sector Call
 
Semiconductor: Aug global chip sales falls 2.2% yoy               Underweight
Sector Update
Unisem: Fair value at RM0.73                                                       Underperform
MPI: Fair value at RM2.07                                                               Underperform
Notion Vtec: Fair value at RM1.30                                               Underperform
 
Corporate Highlights
 
Amway: Resilient fundamentals                                         Outperform
Visit Note
''       We recently had a meeting with management of Amway. Based on our discussions, we came out of the meeting fairly confident of the resilience of Amway's topline outlook, underpinned by a stable Core Distributor Force (CDF) recruitment drive and membership productivity.
 
SapuraCrest: Platform Supply Vessel contract win        Market Perform
News Update
''       Yesterday, the company announced that its 50%-owned Labuan Shipyard & Engineering (LSE) had been awarded a contract by Tanjung Offshore worth RM99.5m to engineer, construct, test and deliver a 77-metres platform supply vessel. The vessel is expected to be completed within 21 months, which will contribute to Sapuracrest's FY13 earnings.
 
SP Setia: A bigger development in Beranang                 Market Perform
News Update
''       SP Setia proposed to acquire 673.27 acres of freehold land in Semenyih for RM381.3m or RM13 psf.
 


Discussions
Be the first to like this. Showing 2 of 2 comments

goran76

What stock is RH petrogas..

2011-10-05 17:11

WONGTONGGUAN

see the S$ sign

2011-10-05 22:49

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