Globetronics Technology; Buy; RM2.15
Price Target: RM3.00; GTB MK
Riding the tech wave

Electronics manufacturer with steady earnings and margins. New sensor products to drive earnings, supported by strong sales of hand-held devices. Attractive FY13F dividend (4% yield) and valuation (8x FY13F ex-cash PE). Initiate coverage with BUY rating and RM3.00 TP.

Maybank; Buy; RM10.26
Price Target: RM11.80; MAY MK
BII Investor Day: Setting 2015 goals

BII is targeting >16% ROE (post rights-issue) and double digit contribution to MAY by 2015. NIM pressure imminent; SME/business loans to drive growth; exploring micro lending. Rights issue to be completed by 2H13; proceeds to fuel growth. Maintain Buy, RM11.80 TP.

Source: HwangDBS Research - 5 Jun 2013