This is just the starting for ifcamsc, so buy n hold..thru a good TA find a good entry point.. very lucky if you can get between 1.10 and 1.15 at the moment.. cimb had given a tp of 1.48 and rhb is 1.25..

Big mistake those who cash out.. a lot of fund managers plus those in singapore are mentioning this counter in the recent roadshow conducted by cimb..more things are coming for this ounter.. it is a buy n hold counter..good counters recommended by research houses sometimes run ahead, this is the reason it looks overpriced..overpriced is a very good indicator stating the popularity strength of a counter..many eyes including fund managers are looking into it...same thing happen to myeg, when trading below rm1,, cimb always recommends this stock to fund managers during their roadshow,, and now look where is myeg

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Alpha trader your calls on stocks,, please give us the link to your blog..thanks alpha you are very helpfull,,

Tomorrow sure cimb will give a new target price or maybe still maintain the old price 1.47 ?? Wait n see ha guys

Alpha trader thank you very much

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Sharks are everywhere now keeping an eye on mitra

They said for datasonic wait for oil prices stablelize first,, then sure the project will come back ma....where are oil prices now??

Oh this stock sudah mati

Do not play contra

when is the earning report for ifca?? Is it on 17th of this month??

ANY NEWS GUYS,???

KENANGA SPOILED THE SHOW ON IFCAMSC AND MYEG

kenanga actually spoiled the show,,,and now it is also spoiling the show on MYEG

a good one

now kenanga is doing the same play to MYEG COUNTER,,, stopping it from rallying, by saying the price should be 2.37 now...not more then this

in the past we has been seeing kenanga doing this many times,,,stopping stocks from rallying...this is a new cancer desease and it should be stop... kenanga is so selffish has no respect at all for cimb research

later they might even blame the retail investors for speculative play.. actually this volatility originated when kenanga gave a sell recommendation on this stock just because it was already nearing it s target price... kenanga should stop this nonsense because this cancer desease can spread to other research houses,, stopping stocks from rally when nearing target prices... research houses should have a respect for each other..in this case i see kenanga does not have a respect at all for cimb research,, because cimb research house target price is 1.48,, but kenanga was 1.25..

NOW SEE WHAT HAPPEN TO THE STOCK BECAME VERY VOLATILE CAUSE BY KENANGA RECOMMENDATION A SELL YESTERDAY,,

What support levels kenanga had given,,when they recommended a sell on it??

CIMB STARTED COVERAGE ON HEVEA BOARD

to increase its dividends substantially to reward shareholders. This is a strong
multiple re-rating catalyst, in our view.
In-the-money warrants
For investors with higher risk appetite, they should consider the warrants.
Hevea has 42.7m in-the-money warrants (exercise price: RM1.00) that are
expiring on 1 Mar 2020. It is trading at a premium of c.16%, which is not
considered high, in our view, for a warrant with about five years to expiry.
However, its implied volatility of 47% is rather high when compared to its
historical volatility of 26%.

Initiate with an Add
We initiate coverage on Hevea with an Add rating and an SOP-based target
price of RM4.06. It is a prime beneficiary of the strong dollar and we believe
that 2015 will be a year of re-rating for the company as investors reward US$
beneficiaries with strong dollar-based earnings. Hevea is firing on all cylinders
as its margins expand from the: 1) strong dollar, 2) shift towards higher margin
products, 3) steady to declining costs (glue, potential drop in electricity prices),
and 4) falling depreciation and interest costs as its older plant will be fully
depreciated in FY17 and its term loan fully repaid. With strong free cashflow of
63-75 sen/share over FY15-16, we believe that Hevea will be in a strong position

SOP to value the stock
We value Hevea on an SOP basis, with its business operations valued at 10x
fully-diluted (FD) FY15 P/E, in line with the FY15 P/E for the timber sector.
This equates to a 30% discount to the target market P/E, which is justifiable
given the industry’s cyclicality. We also add.net cash per FD share of 30 sen,
assuming its warrants are fully converted. In the past, Hevea has also traded at
10x P/E, 2s.d. above the mean of the 2008-2009 P/E bands when the ringgit
was last trading at RM/US$3.50-3.70. While a premium multiple could be
justified given its strong EPS growth prospects, a liquidity discount mitigates
this premium.
The closest comparable to Hevea is Mieco Chipboard (Not rated), which has
double the particleboard capacity of Hevea, but no furniture operations.
However, Mieco is loss-making. As mentioned in our SWOT analysis, Mieco
also made a strategic mistake, in our view, to refocus on the local market,
selling poorer quality E2 boards that command lower margins, in an effort to
utilise its unused capacity.

VALUATION AND RECOMMENDATION
Very undervalued at 4.0x FY15 P/E and 0.7x P/BV
With 69% EPS growth for FY15 and average forecast ROE of 18.2%, Hevea is
very undervalued, in our view. The stock is trading at only 4.0x FY15 P/E and
0.7x P/BV. Hevea is currently not under the radar of most institutional
investors as there is no active coverage on the stock, which may explain its
heavily discounted valuations. We believe that over time, as institutional and
retail investors understand the company’s growth and dividend potential, there
will be significant scope for multiple re-ratings.

OH MY GOD TP BY CIMB 4.06,,,IN LATEST REPORT

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MIND AND FEARS

http://www.ivsachart.com/

REGISTER IT IS FREE NOW

http://www.traderstruthrevealed.com/2015/02/feb-2015-stock-market-comment-a-cny-2015-rally-is-lurking-around-the-corner/

http://www.traderstruthrevealed.com/

counter is still safe to go in because cimb already given 1.48 tp for this counter... when the price is reaching 1.48 level,,sure there will be some positive news plus maybe new upgrade by research houses.. SO DO NOT WORRY...IT IS TIME TO GO IN

Posted by Alpha Trader > Feb 9, 2015 12:24 PM | Report Abuse

Taka, whats your tp? Still got long stretch to go for ifca la, why the hurry to sell? If drop just buy for now


dear Alpha Trader
before CNY where the price will be if you have any oppinion? just oppinion only not necessary to be very accurate

can you please give us your e mail address??

since IFCAMSC,,,is moving in uncharted area,, what are the support n resistances levels for this stock??

going forward are there any good news coming for this stock?? many are saying earning report will be good.. some are saying even there will be a bonus for this stock.. it is also the TOP PICK by STAR for this year..

do you have a personal blog on stocks?? if yes please give the link.. thank you very much

it is diluting overbought condition,,then shoot up again

Muhibbah, prestariang, scicom,cypark, karex, are also on uptrust

Remember cimb already given target price 1.48.. still more upgrades are coming cause of good earning report coming.. won t be surprise if we would have a bonus on this counter in near term... my question is will the present uptrend continue or it will retrace first to dilute the overbought condition...now it is moving in uncharted area..if it retrace then what are the support levels?? Just your oppinion only...in investing what is vital is TIME...better to run after uptrending stocks, then to buy some other cheaper ones and do the waiting time....waiting time strategy is very dangerous at the moment cause of global volatility...ifca is a strong uptrending stock at the moment..

Sunlight thank you very much for ifcamsc

Good evening TCB,,,,, Please say something about ifca msc,, support n resistances levels,,,counter on very strong uptrend

sudah mati,,cannot errect anymore..

better buy mother,, my oppinion

risky ma

shooting up like nobody business,, better buy lo,,if have money

lawrencelim http://economictimes.indiatimes.com/industry/energy/power/adani-power-gmr-energy-bid-for-all-coal-blocks-reserved-for-power-sector/articleshow/46114811.cms

thank you very much

Ya engine started so must be slow n steady uptrend,, 3.90 is target price given by cimb...soon it should settle down between 3 to 3.50 before shooting near 3.90

If anybody on this forum is good at searching information online example progress of mudajaya plants in india...if you have any new info please put the link here... thanks

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THIS YEAR CONSTRUCTION SECTOR STRATEGY, CIMB ONE OF IT TOP PICK IS MUHIBBAH.. VERY OVERSOLD

Because of global oil prices,,, looks like long term recovery...so be patience

Delivering of good earnings is going to take time,, not that fast