Comments   We have decided to take profit on TOMYPAK given the expected higher market volatility followed the recent comment on US Federal Reserve, which indicated that the central bank may scale back its bond purchases later this year if the economy is strong enough. In addition, the share price of TOMYPAK is ahead of our price target of RM1.30. As such, we sold all our positions, where we have 15,000 shares in the GROWTH Portfolio and 12,000 shares in the DIVIDEND YIELD Portfolio, realizing RM2,100 and RM1,680 profits (both +11.2%) respectively.

 

Source: Kenanga