• Technical BUY on breakout with +20.4% potential return
• Last price: RM0.99
• Target price: RM1.14, RM1.24
• Support: RM0.93
• Stop-loss: RM0.925

BUY on breakout with a target price of RM1.24 and stop-loss at RM0.925. Share price is consolidating around the immediate support at RM0.93 and last Friday’s positive closing above the BBI sets a new tone for the short-term outlook. We expect DEHB to continue to move up if it penetrates the breakout level of RM1.03. The bullish bias has been established following an uptick in the DMI. We peg our targets at RM1.14 and RM1.24.

Expected Timeframe: 2 weeks to 2 months

Source: UOB Kay Hian Research - 18 Sept 2017