Bursa Malaysia Stock Watch
RHBInvest Research Highlights 13th September 2011
kltrader
Publish date: Tue, 13 Sep 2011, 10:31 AM
kltrader
0 20,638
This blog provides consolidated Bursa Malaysia stock market research, analysis, news and blogs from various sources. You can search and find all the past analysis and coverage on stocks and news by searching within this site. While this blog re-publishes contents from other sites, it does not own the rights nor responsible for the accuracy of the contents. If you disagree to your content from being published here, please add a comment, and your article will be removed from this site.
13th September 2011
Top Story: Plantation ' Weather risks emerging? Neutral
Sector Update
'' Malaysia's CPO production fell 4.8% mom in Aug while exports fell by 2.7% mom. As a result of the larger mom decrease in production vis-''-vis exports, closing CPO stock levels fell by 5.6% mom to 1.88m tonnes in Aug (from 1.99m tonnes in Jul). Stock/usage ratio in Aug thus fell to 9.95% (from 10.8% in Jul), which is still above the 9-year average of 9.1%. Production could remain slightly weak in Sep due to the Hari Raya festivities, when the Indonesian plantation workers go for a break. This trend could reverse, however, in Oct/Nov, being the last few months of the traditional peak season, assuming no weather risks emerge.
Sector Call
Telecom: 6% service tax deferred Neutral (down from OW)
Sector Update
Axiata: Fair value lowered to RM5.35 (from RM5.60) Market Perform
DiGi: Fair value lowered to RM31.50 (from RM34.00) Market Perform (down from OP)
Maxis: Fair value lowered to RM5.65 (from RM6.00) Market Perform
TM: Fair value maintained at RM4.68 Trading Buy
Corporate Highlights
Uzma: Poised to impress Not Rated
Visit Note
'' We believe Uzma warrants a second look as: 1) Long-term contracts underpin consistent future earnings; 2) The company has intimate knowledge of the fields and has first-hand knowledge of any upcoming projects/opportunities; and 3) MECAS purchase could lead to potential chemical enhanced oil recovery (CEOR) project wins.
Axiata: Highlights from Analyst & Investor Day 2011 Market Perform
News Update
'' On M&A, management's focus remains primarily on in-country consolidation. In the short term, management hinted M&A in the overcrowded Cambodian mobile market.
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
Market Buzz
2024-11-20
CDB2024-11-19
AXIATA2024-11-19
AXIATA2024-11-19
AXIATA2024-11-19
CDB2024-11-19
CDB2024-11-19
CDB2024-11-19
CDB2024-11-19
CDB2024-11-19
CDB
2024-11-19
CDB2024-11-19
CDB2024-11-19
CDB2024-11-19
CDB2024-11-19
MAXIS2024-11-19
TM2024-11-19
TM2024-11-19
TM2024-11-18
CDB2024-11-18
CDB2024-11-18
TM2024-11-18
TM2024-11-18
TM2024-11-15
AXIATA2024-11-15
MAXIS2024-11-15
TM2024-11-15
TM2024-11-15
TM2024-11-15
TM2024-11-15
UZMA2024-11-14
MAXIS2024-11-14
TM2024-11-14
TM2024-11-14
TM2024-11-14
UZMA2024-11-13
CDB2024-11-13
CDB2024-11-13
MAXIS2024-11-13
MAXIS2024-11-13
TM2024-11-13
TM2024-11-13
TM2024-11-13
UZMA2024-11-13
UZMA2024-11-12
AXIATA2024-11-12
AXIATA2024-11-12
CDB2024-11-12
CDB2024-11-12
MAXIS2024-11-12
MAXIS2024-11-12
MAXIS2024-11-12
TM2024-11-12
TM2024-11-12
TM2024-11-12
TM2024-11-11
AXIATA2024-11-11
CDB2024-11-11
CDB2024-11-11
MAXIS2024-11-11
MAXIS2024-11-11
MAXIS2024-11-11
MAXIS2024-11-11
MAXIS2024-11-11
MAXIS2024-11-11
MAXIS2024-11-11
MAXIS2024-11-11
MAXIS2024-11-11
MAXIS2024-11-11
MAXIS2024-11-11
TM2024-11-11
TM2024-11-11
TM2024-11-11
TM2024-11-11
UZMAMore articles on Bursa Malaysia Stock Watch
Tambun Indah - The 2nd Penang Bridge To Narrow Property Price Gap
Created by kltrader | Oct 11, 2012
Plantation ' Share Prices Not Reflecting CPO Price Movement ' Is A Correction Coming? (Neutral)
Created by kltrader | Oct 11, 2012
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
1
2
BFM Podcast
4
BFM Podcast
5
BFM Podcast
6
BFM Podcast
7
BFM Podcast
8
Good Articles to Share
China’s chip advances stall as US curbs hit Huawei AI product
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
