Agreed.Can go further uptrend.

Possible to break RM0.50 for today

Another wondeful day for KianJOO.Keep it uptrend.

Thank for latest sharing.Let merge it and believe it.

Strong support on RM0.525.I collect more on current stage of price.Foresee on short term rebound.Have a nice trading day's.

More buy volume for today.Potential value Insider still collect this counter.Further uptrend going to break RM0.50 soon.Cheer

Coastal Engineering (COASTAL, 5071, the main board of Industry) 400 million to 46 million ringgit project into bags orders worth over 500 million ringgit.

　The company today to the Malaysian stock exchange filing, a wholly-owned subsidiary of Coastal Engineering in a total of 10 offshore support vessels and two low-level vessel sales contracts, worth 400 million to 46 million ringgit.

　Filing paper noted that the new contract turnover is calculated and adjusted, it is expected that companies ship orders up to 500 million to 83 million ringgit, will allow the company continued to busy to 2013.

　These contracts will push up the fiscal year December 31, 2012 and December 31, 2013 fiscal year net per share earnings.

MBSB broke above its recent high of RM2.53. With this breakout, MBSB is likely to continue with its prior uptrend.I believe MBSB's rise could pick up momentum & swing upward to RM2.80 and RM3.00 Cheer.

Even if the market activity is cautious, but industries of the city within a city (KLCCP, 5 089, the main board listing) because of corporate restructuring plan, the potential production entrusted to the release of the business value of good to drive, the intraday high from the 23 cents, stand on the 5.21 ringgit, a new high since the lapse of two weeks a new listing!

　The stock market opened this morning, the micro-Jan 2 cents to RM5 welcome City, and thereafter rise steadily becoming active in the pursuit of investors, trading, trading for one hour soared 34 cents, or 7%, high in the 5.32 the ringgit, wrote early gainers top, or crown the audience jumped to 10.

　Increased by 24 cents when closed, suspended at 5.22 ringgit; Fun Wai affected by the market cautious trading, the stock midday rally limited, provided that the closing time closed at 5.21 ringgit, from 23 cents, trading volume of 3,657,300 shares.

　Industrial city within a city at the end of last month revealed that the Board has to rectify the offer proposed corporate structure, has been actively exploring business production care of and other development to further increase shareholder value.

　Brokerage unanimously optimistic about this change, and generally believe that the company will first mature assets into production prop, and later is still under construction, real estate, in order to ensure stable earnings performance.

　As of the end of December last year, the city within a city industrial value of the assets up to 12.3 billion ringgit, which does not include holding 33% of Maxis Tower, Lot D in the land of grand buildings and under construction.

　On this basis, the company's asset size or less Sunway production prop (SUNREIT 5176 main board production prop) is 2.8 times higher, is bound to rise to care for the largest domestic production.

Kian Joo's rally should extend after it closed back above the RM2.50 resistance level. A purchase can be made above the level with a close below last Friday's low of RM2.44 as a stop-loss. Price targets are at RM2.80 and RM2.90, with supports registered at RM2.30 and RM2.22. Failure to hold above RM2.50 may lead to a correction.

prefer long steel players ' Ann Joo Resources and Lion Industries ' for direct exposure to an expected pick-up in domestic demand, particularly when the MRT project goes full swing by 2013.

MKH ( 6114 : 2.60 ) : Take profit

Description

Resistance : 2.64 2.86
Support : 2.52

RSI of 90
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 6/7/2012 buy call at 2.38, we are recommending to take profit as it has hit the target of 2.60

Trading Strategy
Take profit

Source:Jupiter Securities Research 10 July 2012

Maintain Buy. Our fair value for Coastal remains unchanged at RM2.50, based on the
existing PER of 7x FY12 earnings. We are of the view that it would be a matter of time
before Coastal's yard is converted into other O&G uses besides shipbuilding given the
persistent sluggishness in newbuilds, especially low-end vessels in general, as well as
offshore support vessels. There will still be demand for the bigger rigs since the oil majors
may want to capitalise on the lower cost resulting from the global economic slowdown.
However, the case may not be the same for OSVs as rigs cost a lot more than OSVs.
Under such a scenario, the oil majors may not be in a hurry place new OSV orders.

Kimlun Corp (BUY; TP: RM2.04)
Execution focus

We met up with Kimlun’s management recently and the following are the updates.
Strong order book… Kimlun has done well to replenish their order book for both the construction and manufacturing divisions with RM794m worth of significant projects secured YTD. Outstanding construction orders stood at ~RM1.5bn with ~RM386m worth of manufacturing orders. With the current orders, the construction division will remain busy over the next 1.5-2 years while the manufacturing division will remain fully utilised over the next 3-4 years.
Focus on execution… Although the large order book will fuel strong revenue growth for Kimlun, we believe that earnings will not grow in tandem as higher start-up costs for its new manufacturing facilities; engagement of specialist contractors for certain projects; and higher financing costs to fund capex will eat into their margins. The management will be focussed on project execution and selective in bidding for new jobs given their stretched resources.
Kimlun has proved its technical competency by securing a major portion of precast works for the KVMRT project. The company has also done well in terms of order book replenishment. However, share price has remained muted, trading at undemanding P/E of ~8x. Hence, we continue to see value in the company and maintaining our BUY call with a TP of RM2.04 based on 10x average FY12-13 earnings.

On focus this counter.Maintain buy...

Fair value price meet as current PE ratio.

If you planned to invest for long term period.still can consider to buy on current stage PE ratio as foundamental and technica positive uptrend.just my opinion .cheer

SCC is in line with the five conditions of the second line of quality stocks, reasonable profits, reasonable dividends, strong cash flow, a low PE ratio and growth potential.

OPCOM is in line with the five conditions of the second line of quality stocks, reasonable profits, reasonable dividends, strong cash flow, a low PE ratio and growth potential.

Based on good financial performance, stable industrial outlook and attractive valuation, SEG is a good stock for long-term investment. It could be a trading BUY if it could break to the upside of the oval shape consolidation pattern (at RM2.00).

MPHB could be a trading BUY.

Guan Chong Bhd, one of the leading cocoa processors in the region, has commissioned a second production line at its plant in Batam, which takes the group's total annual capacity to 200,000 metric tonnes.

It said the new 60,000 metric tonnes line brings the Batam facility's yearly output to 120,000 metric tonnes.

The company also has a cocoa grinding plant in Pasir Gudang which is capable of producing up to 80,000 metric tonnes a year.

Managing Director and Chief Executive Officer Brandon Tay Hoe Lian said commissioning of the second production line marked a new corporate milestone for the group.

"With the commissioning of the second line in Batam, our new total annual cocoa grinding capacity will consolidate our position as one of the regional leaders in this industry," he said in a statement.

Aside from cocoa grinding facilities, the new line would also provide powder pulverising and butter deodorising capabilities, he said.

The company had invested RM70 million capital expenditure in the second line and to upgrade Batam plant's facilities, he added.

I'm still collecting mode on this counter.

With high volume trading by today with increase on share price.Foresee insider to collect this stock before bonus issue cut-off date.Cheer

Technically strong support on current stage of price.Foresee on better uptrend.

MBSB.Minor consolidate ahead for today..Technically still positive.

Continue on uptrend...Another good day's for MKH.Cheer

Short-term investment will impair by high risk.Suggest to buy in weakness and cut loss is needed to keep basic investment capital.I keep collecting on current stage of share price.Have a nice investment day's ahead.

(MKH 6114, the motherboard industry group) industry sales revenue will be accounted for, plus earlier grab won the $ 600 million $ 75 million ringgit main contract (Turnkey Contract), and planted pre-2013 business start contributing, OSK Research bullish on the stock with good growth potential.
OSK noted that, since the sale of non-Muslim farming business, the holding of beauty has been transformed into a Shariah-compliant stocks, only less than 5% turnover from non-Muslim business.

"The MKH the Kajang area well-known property developers, currently holds seven industrial projects, unbilled sales ended in March of this year reached 300 million 9,000 8.3 million ringgit in the first half date grab won the extra $ 201 4.8 million ringgit new sales, the company's annual sales target of 500 million ringgit.
For the company in April this year, Alam Resources awarded the main contract of $ 600 million $ 75 million ringgit in the Snow region of melon 550 acres of land for residential and commercial industry, said OSK are still assessing the plan contribution, but the plan The special nature, does not foresee the next two years and then grab won similar contracts.

MKH in Kalimantan, Indonesia in
2008 the acquisition of 10 005 thousand 942 hectares Basement has been full most of the basement of the first batch of 3 000 200 ha of fruit trees is expected to mature this year, tip of anticipate planting business starting next year for the first time make a positive contribution.

Intention to maintain the dividend payout rate of 22.2%
In addition, the company's management also plans to maintain a dividend of 5 cents per share, equal to the dividend payout rate of 22.2 percent, or 2.5% dividend yield.
Consideration of future growth potential, OSK believes that the future stock price upside, the target stock valuation will be set at 8.33 times the PE ratio, the reasonable price of 2 ringgit 34 cents, but did not give any rating.

RHB Capital - Making sense of a possible MBSB merger BUY

In this report, we outline the impact from RHB Cap
possibly considering taking over Malaysia Building
Society Bhd (MBSB). We have walked through several
scenarios in which RHB Cap may fund for the
acquisition either entirely through cash, or shares, or a
combination of both (80% cash and 20% new shares).
Assuming an acquisition price for MBSB at
RM2.80/share, we find that the most optimal structure
will likely be a funding combination of cash and shares.
This leads to RHB Cap’s fair value rising to
RM10.10/share from our current estimated RM8.50/share.
• The merger with MBSB, if it happens, will open up one of
the most lucrative segments of lending, given MBSB’s
exposure to the government civil servants’ personal
financing segment.

• So in a nutshell, we do not expect any further downside
to RHB Cap. A merger with MBSB merger will likely be
positive, given that this opens up a new and more
profitable segment of lending for RHB Cap. A possible
hindrance may be the perception that RHB Cap is
allowed into this segment, while other commercial banks
would not be able to tap into this, but we believe this
would be easily countered by the fact that the major
shareholder of both RHB Cap and MBSB is the
Employees Provident Fund, which represents the bulk of
the retirement funds of the workforce in Malaysia. Thus,
in essence, the public’s interests is best aligned to both
RHB Cap, and MBSB.

Rimbunan Sawit may resume its uptrend after closing at its highest in over four weeks yesterday. A purchase can be made above RM1.06, with a close below the psychological RM1.00 as a stop-loss. The price target is RM1.50, provided that the recent high of RM1.20 is violated. However, a correction will likely follow should the stop-loss be triggered. Supports are seen at RM0.91 and RM0.83.

MBSM's six-month sideways consolidation should end after the stock closed again above the RM2.40 resistance level. A position can be initiated above this level, with a close below the recent RM2.25 low as a stop-loss. The price target is RM3.00, with resistance also anticipated at RM2.80. A trade may not work if the stop-loss is triggered, whereupon the sideways move is likely to continue. Strong support is at RM2.00.

MKH's uptrend is likely to extend after it reached a five-year high yesterday. A purchase can be made above RM2.20, while a close below yesterday's low of RM2.06 can be employed as a stop-loss. The price target is RM2.70, with selling also anticipated at RM2.50. Failure to close higher may signal a false breakout while weakness is confirmed on a close below RM1.90. Strong support lies at RM1.70.

MBSB going to break near its recent high of RM2.46 .It may have bullish breakout and is likely to continue with its uptrend line. MBSB could be a good trading BUY.Just my opinion.

ALAM ( 5115 : 0.55 ) : Targeting 0.65/Stop loss 0.52

Description

Resistance : 0.65
Support : 0.53

RSI of 56
RSI is on the rise

STOCHASTIC
It is riding on an upswing

Comment
It has bottomed out at the recent low of 0.525. The current rebound is targeting 0.65

Trading Strategy
Buy. Stop loss is at 0.52

Source:Jupiter Securities Research 04 July 2012

Appreciate on your aggressive response.Thanks

Good start for IHH...

BIMB: Still keen on Indonesian bank deal. Bank Islam Malaysia Bhd is awaiting a response from an Indonesian Islamic bank on its proposed offer to acquire a 30% to 40% stake, said managing director Datuk Seri Zukri Samat. He said the proposed acquisition was part of the bank's move to expand overseas and BIMB hope to finalise the deal by year-end.

To invest MYR144m in APG. Time Dotcom Bhd estimates its total investment in the Asia-Pacific Gateway submarine cable system, including the Malaysian Cable landing station, at MYR144m. It was said that the construction of the APG will commence in the second half of this year and is targeted for completion by 2014.

Company Name: CENTURY SOFTWARE HOLDINGS BERHAD
Stock Name: CENSOF
Date Announced: 03/07/2012

Announcement Detail:
Subject: CENSOF - NOTICE OF BONUS ENTITLEMENT

Contents: Bonus issue of 43,025,000 warrants ("Warrants") in Century Software Holdings Berhad ("Censof") on the basis of one (1) free Warrant for every eight (8) existing ordinary shares of RM0.10 each in Censof held at 5.00 p.m. on 18 July 2012.

Kindly be advised of the following :

1) The above Company's securities will be traded and quoted [ "Ex - Bonus Issue" ]
as from : [ 16 July 2012 ]

2) The last date of lodgement : [ 18 July 2012 ]

KC,Can refer to the yesterday Sin Chew Press full info.I also on focus this IPO.

On focus this breakout.Thanks.

CENSOF may climb further after closing above RM0.38 A purchase can be made on another close above RM0.38. The uptrend is the 200-day MAV line at RM0.45.The 1st Target meet RM0.45

I on collecting this counter.Open opportunity concern by Alex Lu

I on collecting this counter.Open opportunity concern by Alex Lu

Censof- poised to test its downtrend line
Some readers complained that I liked to recommend stocks that had achieved a breakout and are no longer cheaper. You can never win in any argument why you should buy a stock after it had a breakout, even though it is more expensive instead of buying into a stock, even though it is cheap, and wait for a breakout which may never come. There is a saying that nothing succeed as as well as success and I like to stay with that.

However, I would track a stock for a long while and I would call a buy when it has achieved a breakout. Today, I would share with you one such stocks. It is Censof, a software company that sells extensively to government departments & agencies. It has plans to expand to Indonesia. It is not a hugely profitable company but it made decent profit (here). It has proposed a bonus issue of 1 free warrant for every 8 shares held, which may be the reason for a slight upticks in the share price over the past few days.

If it can break above the RM0.45, the stock would have an upside breakout above its intermediate downtrend line. Then it could be a good trading BUY. For those who have always wanted to buy early, here is your opportunity to do so- before a breakout.


Chart: Censof's daily chart as at July 3, 2012 (Source: Quickcharts)
Posted by Alex Lu at 7/03/2012 05:06:00 PM No comments: Links to this post

The research house raised the fair value of companies such as Unisem M Bhd, Malaysian Pacific Industries Bhd (MPI), and Notion Vtec Bhd.

RHB raised Unisem's fair value to RM1.90 per share from RM1.84 previously, MPI to RM4.12 per share from RM4.09 and Notion Vtec to RM1.51 per share from RM1.31.

All three semiconductor stocks are all rated as "outperform"

CYPARK resources (CYPARK, 5184, the Main Board of Trade and service group) the first half net profit rose 10.43 percent to 1,000 410 RM15, 000, in line with market expectations, analysts believe that the next stock prices, will be subject to the regeneration high energy sales and the potential to grab up to 25 years of Negeri Sembilan landfill franchise agreement incentives.
Volkswagen said that 930 006 RM3, 000 contribution made by renewable energy, means that the company towards the beginning of another growth phase. At the same time, in addition to the contribution of renewable energy, environmental engineering business will also be improved.
Led by the dazzling performance once CYPARK stock rose 15 cents, or 8.4% to RM1 93 cents, closing hang a ringgit 91 cents, from 13 cents.
The company's second quarter, to beautify the business performance of ten, due to completion of the drainage works of Putrajaya, and through the Negri Sembilan the Bayan solar garden sale of electricity to the National Energy (TENAGA, 5347, Main Board of Trade and service groups) to obtain 930 006 to RM3, 000.
CIMB said the CYPARK plan before the 2013 fiscal year-end, renewable energy production capacity to 60 MW, a significant increase of 8 times more than the current 8 MW, and management also revealed that, Negeri Sembilan, biomass and biogas projects such as the planning like to start and hope to finalize the 25 years of franchise in the short term.
Great confidence in management's long-term prospects, and with the government strongly advocated green energy and waste management initiatives, in order to benefit from it.
The public pointed out that to CYPARK 2 ringgit 70 cents a reasonable price meter, only equivalent to the 2013 financial year, eight times earnings ratio, the valuation is still conservative, just discount the cash value of the renewable energy business reached RM2 74 cents, and renewable energy business accounted for only 70% of the company's net profit.

Time for MBSB explore further on uptrend..