2016-10-24 06:25
Malaysia 2017 Budget: By Sector and Industry Comments: Agribusiness. Automotive, Aviation, Banking & Finance, Construction & Building Materials, Consumer, Education, Gaming, Healthca… Read More
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Bursa Malaysia Stock Market Analysis Digest Blog
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A blog about KLSE FBM KLCI analysis, Bursa Malaysia stock picks analysis and shares research
2016-10-20 02:46
PESONA (Stock Code: 8311). Yesterday, PESONA gapped up 1.5 sen (3.6%) to close at RM0.43 to break out from its 11-month ‘rounding bottom’ chart pattern formation. The underlying… Read More
2016-10-19 02:31
Technical perspective: JTIASA poised to retest RM1.65 zones following the positive cup & handle formation A young planter comes to the fore and slated for strong long term gro… Read More
2016-10-18 04:43
Fiscal thrust to boost growth and win electoral support KEY POINTS Fiscal thrust. The government is expected to tilt towards employing more fiscal measures to support the economy amid grow… Read More
2016-10-12 03:49
CAB CAKARAN Stock Code: 7174 Target Price RM1.75, RM1.80 Last closing price RM1.64 Potential return 9.8% Support RM1.57 Stop Loss RM1… Read More
2016-10-11 01:25
Stock Code 5247 ● The CS Condom Market Report cited Reckitt and Church & Dwight as the most obvious suitors for Ansell's potential sale of its condom business. However, a big obst… Read More
2016-10-05 04:08
PUNCAK Stock Code: 6807 Puncak Niaga Holdings Berhad is an investment holding. The Company, through its subsidiaries, operates, maintains, manages, constructs, and undertakes the rehabilita… Read More
2016-10-03 23:24
■ Gross impaired loan ratio inched down by 2bp mom to 1.66% in Aug 16. ■ Loan growth eased further from 5.1% yoy in Jul 16 to 4.2% yoy in Aug 16. ■ The drag on loan… Read More
2016-09-28 06:22
Stock Code: 4383 Jaya Tiasa may resume its uptrend after climbing above the “Triangle” pattern. A bullish bias may be present above the MYR1.26 level with a target price of MY… Read More
2016-09-26 22:14
EKOVEST Share Price RM1.92 Target Price RM3.00 Upside +56.3% Rise Of The DUKE Ekovest is a deeply undervalued contractor and concessionaire. Its recent 40% sale of DUKE 1 & 2 to EP… Read More
2016-09-21 21:25
Crystallisation of value ● The sale of leasing arm AAC is looking more likely. Details over recent weeks suggest scope for the value in AIRA's planes to be crystallised at a level… Read More
2016-09-20 20:23
Expansion Down Under. Poh Huat Resources Holdings Bhd Stock Code: 7088 TP: RM2.05(+32.3%) Last traded: RM1.55 Expanding into Australia The company is acquiring a detach… Read More
2016-09-15 05:48
Hiaptek Venture Stock Code: 5072 HIAPTEK inched up RM0.005 (+1.72%) to stage a breakout from its 2-month trend channel on increased trading volume, settling at RM0.295 yesterday. The MACD… Read More
2016-09-06 04:14
HARTA Stock Code: 5168 HARTA. The rubber glove sector is in the limelight as of recent, seeing players such as TOPGLOV notching a gain of 14.0 sen (+3.0%) yesterday on strong trading volu… Read More
2016-09-01 04:11
Stock Code: 7192 GOODWAY INTEGRATED INDUSTRIES GOODWAY rose 5.0 sen (8.7%) on Tuesday to a closing high of RM0.625. This signals a continuation of its uptrend after a brief pullback towar… Read More
2016-08-30 04:01
..but share prices of Maxis and Digi did relatively well recently Downside risks and vulnerabilities persist ● The Big 3 have released their 2Q16 results. Evidently, the irrational p… Read More
2016-08-29 02:47
Stocks on Bursa Malaysia closed higher last Friday fuelled by an improvement in external sentiment ahead of US Federal Reserve chair Janet Yellen's speech later of the day. Investors were op… Read More
2016-08-25 04:31
PESTECH Stock Code: 5219 Above: Pestech Daily Chart PESTECH was one counter among many that faced immense sell-down last week, and had since found some footing at the RM1.42/RM1.45 level… Read More
2016-08-24 02:36
Stock Code: 1619. Shooting star patterns and toppish indicators may induce more profit taking
DRB-HICOM’s Daily Chart: Shooting Star Patterns signal price tops and reversals
DRH_HICO… Read More
2016-08-17 04:19
Stock Code: 5142 Look beyond 2016. WASEONG (WSC) is one of HLIB institutional oil & gas stock picks with a TP of RM1.00 (9x FY17 P/E). We opine that the 3- year Nord Stream… Read More
2016-08-11 03:53
SCABLE Stock Code 5170 Values emerge after selldown. In the wake of fizzling thematic play on Sarawak state election (7 May) and a disappointing 1Q16 results (26 May), SCABLE’s s… Read More
2016-08-09 02:11
Stock Code: 4383
Last closing price RM1.20
Potential return 12.5%
Support RM1.14
Stop Loss RM1.13
Buying interest. There were breakouts from 8-months downtre… Read More
2016-07-26 22:34
CURRENT FBMKLCI: 1,668 TARGET END-16 FBMKLCI: 1,700
Not surprisingly, institutional investors we met in Singapore remained UNDERWEIGHT on Malaysia, citing a lack of catalysts. Nevertheless… Read More
2016-07-25 05:07
Stock Code: 5230
TUNEPRO has formed a Breakout-Pullback-Continuation pattern above the RM1.55 level with improved volumes. The MACD Indicator is trending positively above zero. The RSI… Read More
2016-07-20 04:13
■ New Pan Borneo Highway packages worth RM10bil are due for awards. ■ This is in line with our expectations of a recovery in Pan Borneo’s newsflow in 2H16. ■… Read More
2016-07-18 03:15
Malaysian Flour Analysis Stock Code: 3662
MFLOUR has experienced a breakout above the RM1.32 level with high volumes. The MACD Indicator has expanded positively above zero, while the RSI… Read More
2016-07-11 04:00
PENTAMASTER CORPORATION BHD Stock Code: 7160 PENTA experienced a pennant breakout above the RM0.80 level with high volumes. The MACD Histogram has turned green, while the RSI is above 50… Read More
2016-06-27 23:54
■ Post-Brexit vote, the Pound and Euro have started to depreciate against the US$.
■ We chose from our coverage, stocks with no Euro and Pound exposure and/or US$
revenues, or… Read More
2016-06-21 02:11
MEXTER TECHNOLOGY BHD Stock Code: 0075 Earlier last month, its share price broke out of its sideways trend at RM0.08 (27-May) and commenced a four-day rally to as high as RM0.23. This cam… Read More
2016-06-16 00:08
RM49bn worth of projects to roll out in 2H16 with potential bidders. With roll out of major highway, MRT and LRT projects, we believe the total contract awards in 2016 could match the RM96… Read More
2016-06-15 03:31
COMINTEL CORPORATION BHD Stock Code: 7195
COMCORP has rebounded off the EMA9 level with improved volumes. The MACD Indicator has expanded positively above zero. The RSI, however, is s… Read More
2016-06-09 04:20
PRESS METAL BHD Stock Code: 8869 The Group is also involved in property development waste management and environmental engineering projects. PMETAL (Trading Buy, TP: RM3.49, SL: RM2.97)… Read More
2016-06-05 23:09
Across-the-board earnings disappointments resurged in the 1Q16 results season, which also saw a sharp sell-down in a handful of past multi-year favourites. Accordingly, we cut our 2016-17 FB… Read More
2016-05-24 03:32
PASDEC Stock Code: 6912 Target Price RM0.565 PASDEC has been experiencing persistent selling after reaching a high level of RM0.50 (R1) back in 11 May 2016. Yesterday, the share p… Read More
2016-05-23 01:51
CREST BUILDER HOLDINGS BHD Stock Code: 8591 CRESBLD has rebounded off the RM0.925 level with improved volumes, forming a bullish candle above the EMA120 level. The MACD Histogram has tu… Read More
2016-05-20 02:49
KAREX BERHAD Stock Code: 5247 Yesterday, KAREX surged 9.0 sen (3.86%) to close at RM2.42. The share price seems to be able to find some strong support at RM2.27 (S1), as it attempted to s… Read More
2016-05-19 02:24
Ann Joo Resources Stock Code: 6556 Since reaching a YTD high level of RM1.26 back in mid-April, ANNJOO has undergone a correction as it retraced towards RM1.00 level. ANNJOO seems to be f… Read More
2016-05-18 02:25
HENG HUAT RESOURCES GROUP BHD Stock Code 7089 HHGROUP has formed a short term consolidation breakout above the RM0.425 level with higher-thanaverage volumes. The MACD Histogram has turned… Read More
2016-05-17 02:47
ACOUSTECH BHD Stock Code: 7120 ACOUSTEC (Trading Buy, TP @ RM0.915). Yesterday, ACOUSTEC surged 4.0 sen (5.06%) on the back of strong trading volume to stage a technical breakout fr… Read More
2016-04-20 02:42
SernKou Stock Code 7180 Sern Kou Resources may trend higher after climbing above the MYR0.88 level in its latest session to mark a ne… Read More
2016-04-19 03:26
Kretam Holdings Stock Code 1996 KRETAM (Not Rated). KRETAM has been on an uptrend since August last year with its share price almost doubling from RM0.345 to as high as RM0.65 (February 2… Read More
2016-04-18 02:39
HEVEA Stock Code 5095 Business profile. Hevea manufactures and exports particleboard and readyto- assemble (RTA) furniture. Over 90% of its revenues are US$-based, while its cost is RM-ba… Read More
2016-03-31 01:48
Stock Code: 5222 Felda Global Ventures was testing the MYR1.54 level and 50-day SMA line in its latest … Read More
2016-03-29 01:48
Stock Code: 5077 MAYBULK recently garnered investors' interest again, surging 10.0 sen (16.0%) to close at RM0.725 on the back of strong volume breakout from its 1-year downtrend resistan… Read More
2016-03-28 22:57
Affin Holdings (AHB MK/SELL/RM2.32/Target: RM1.70) Seeks Approval To Raise Insurance Stake WHAT’S NEW Affin Holdings is seeking to boost its current 34.51% stake in associa… Read More
2016-03-24 08:23
Pestech International Stock Code : 5219
Pestech International may trend upwards after climbing above the downtrend line and 50-day MAV line. A bullish bias may… Read More
2016-03-22 02:08
MALAYSIAN RESOURCES CORP Stock Code : 1651
Malaysian Resources Corporation may trend higher after closing above the MYR1.24 level in its latest… Read More
2016-03-14 06:11
2016 Year-end Target: 1,800 point
One of the basic equity investing strategies is to “follow the money”. In the longer-term, the word ‘money’ is almost invariably re… Read More
2016-03-11 07:03
MY E.G. Services Stock Code : 0138
■ MyEG’s share price has fallen 7% over the past three trading days.
■ We think this was likely due to confusion about processing of… Read More
2016-03-08 04:32
MMCCORP Stock Code : 2194
Yesterday, MMCCORP rose 6.0 sen (3.5%) to RM1.76 on trading volume, which hit a six-month high. Previously in Nov-2015, MMCCORP commenced a downtrend which s… Read More
2016-03-07 04:32
Mixed 4Q15 results■ 4Q15 results were mixed, with 40% of companies under our coverage reporting results below our expectations.■ Revision ratio for 4Q15 was at 0.63x, largely sim… Read More
2016-03-02 03:34
Dayang Stock Code : 5141
DAYANG experienced a flag formation breakout above the RM1.31 level with higher-than-average volumes. The MACD Line is trending positively above zero… Read More
2016-02-29 05:44
SPSETIA Stock Code : 8664
SP Setia may experience a further technical rebound after crossing above the MYR2.95 level in its latest session. Traders may buy if th… Read More
2016-02-24 01:41
Kialim Stock Code : 6211
Kia Lim was testing the MYR0.725 level in its latest session after recovering above &nbs&hell…Read More
2016-02-23 02:34
SCable Stock Code : 5170 Target Price RM1.84
SCABLE Limelight is shining again on SCABLE, with the Sarawak State Election approaching soon sometime in March. The share… Read More
2016-02-18 23:55
UZMA Stock Code 7250
■ Uzma’s strength in brownfield oilfield services places it in a relatively safer positionto weather the industry slowdown.■ It will benefit fr… Read More
2016-02-18 04:14
KAREX Stock Code : 5247
Karex may rebound further after recovering above the MYR3.72 level in its latest session. Traders may buy as a bullish bias could be present above this level, wi… Read More
2016-02-17 02:00
AMMB Stock Code : 1015
Technical Comments: AMMB shares breakout from consolidation on bullish momentum, signalling further upside bias towards the 76.4%FR (RM4.68), with a conf… Read More
2016-02-16 05:51
LIIHEN Stock Code 7089
Lii Hen Industries may rebound further after breaching the MYR2.40 level in its latest session, albeit marginally. Traders may buy as a bullish bias could be presen… Read More
2016-02-15 03:50
We expect the outlook for the property market to remain bleak as affordability and stringent lending policies continue to cloud the sector. Nevertheless, property prices in the key states ha… Read More
2016-02-11 02:11
Blue chips slumped on Wednesday, dragged down by the weaker sentiment at most global markets amid fears of a global recession, falling oil prices and speculation that the US Federal Reserve… Read More
2006-06-07 11:16
JAYA TIASA HOLDINGS BHD Stock Code: 4383
Jaya Tiasa was testing the MYR1.39 resistance level in its latest session. Traders may buy if this level is breached in the near term, with a targe… Read More
2006-06-07 11:16
TDM Stock Code: 2054
TDM experienced a consolidation breakout above the RM0.665 level with higher-than-average volumes. The MACD Indicator has issued a “Buy” signal, while th… Read More
2006-06-07 11:16
SAPURAKENCANA PETROLEUM BHD Stock Code: 5218
SKPETRO (Not Rated). SKPETRO had caught our attention after the
share price confirmed a technical rebound by breaking out from its down… Read More
2006-06-07 11:16
SHH RESOURCES HOLDINGS BHD – Stock Code 7412 above: SHH Resources Daily Chart SHH Resources may rebound further after climbing above&nbs&hell…Read More
2006-06-07 11:16
AirAsia needs a decisive breakout above the upper Bollinger band AIRASIA BHD - symbol: AIRASIA | stock code: 5099 above: Air Asia Daily Chart (click to enlarge) Technic… Read More
2006-06-07 11:16
HIL Industries Bhd (stock code 8443) RM0.63. above: HIL Daily Chart (click to enlarge) We called a trading buy on HIL a month ago as the candle was breaking out of the uptrend chann… Read More
2006-06-07 11:16
PROTASCO BHD (symbol: PRTASCO | stock code: 5070) PRTASCO made a minor Wave 4 low of MYR1.38 (4 Feb 2014)… Read More
2006-06-07 11:16
We expect the economy to grow by 5.2% this year, a tad higher than last year due to favourable CPO price and exports. The country has proven to be more resilient to the global macro uncertai… Read More
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