Info Pelaburan Saham - Maybank Investment Bank Ipoh

2021-09-09 18:38:44 JTIASA (BUY)
- Last: RM0.67
- Target: RM0.74, RM0.80
- Stop Loss: RM0.63
- Strategy: Short To Mid Term Open / Comment

2021-09-09 18:26:07 OPCOM (BUY)
- Last: RM0.54
- Target: RM0.65, RM0.70
- Stop Loss: RM0.50
- Strategy: Short To Mid Term Open / Comment

2021-09-09 18:15:20 GBGAQRS (BUY)
- Last: RM0.55
- Target: RM0.625, RM0.70
- Stop Loss: RM0.50
- Strategy: Short To Mid Term Open / Comment

2021-09-09 18:03:37 CEPAT (BUY)
- Last: RM0.715
- Target: RM0.80
- Stop Loss: RM0.65
- Strategy: Short Term Open / Comment

2021-09-09 10:23:16 KOSSAN TRADED BELOW STOP LOSS LEVEL!! NOW RM2.83, CUT LOSS IS ADVISEABLE!! Open / Comment

2021-09-09 03:54:16 UOBKH
Stocks to watch:

1) CSCENIC (7202); Technical BUY with +17.4% potential return
*Last: RM0.720 Target: RM0.820, RM0.845 Stop: RM0.675
*Timeframe: 2 weeks to 2 months
*Syariah: YES

2) SYMLIFE (1538); Technical BUY on breakout (RM0.605) with +19.0% potential return
*Last: RM0.590 Target: RM0.675, RM0.720 Stop: RM0.540
*Timeframe: 2 weeks to 2 months
*Syariah: YES

3) KKB (9466); Technical BUY on breakout (RM1.36) with +12.5% potential return
*Last: RM1.34 Target: RM1.47, RM1.53 Stop: RM1.27
*Timeframe: 2 weeks to 2 months
*Syariah: YES Open / Comment

2021-09-09 03:38:53 Maybank Investment Bank Technical Research Traders’ Almanac 20210909 Technical Trading Ideas – Interest Re-emerges in Plantation Stocks

Trading Ideas for today:
CEPATWAWASAN GROUP (MYR0.705)
ACCUMULATE (TECHNICAL) Shariah
STOP-LOSS: Below MYR0.660
RESISTANCE: R1: MYR0.755, R2: MYR0.830

IJM CORPORATION (MYR1.94)
REENTRY (NEW TARGET) Shariah
STOP-LOSS: Below MYR1.80
RESISTANCE: R1: MYR2.04, R2: MYR2.20

LBS BINA GROUP (MYR0.475)
ACCUMULATE (TECHNICAL) Shariah
STOP-LOSS: Below MYR0.450
RESISTANCE: R1: MYR0.510, R2: MYR0.555

PUBLIC BANK (MYR4.15)
ACCUMULATE (TECHNICAL)
STOP-LOSS: Below MYR4.00
RESISTANCE: R1: MYR4.32, R2: MYR4.59

SIME DARBY PLANTATION (MYR3.99)
ACCUMULATE (TECHNICAL) Shariah
STOP-LOSS: Below MYR3.77
RESISTANCE: R1: MYR4.23, R2: MYR4.54

CRUDE PALM OIL (MYR4,478)
Set to re-challenge the major high
SUPPORT: S1: MYR4,413, S2: MYR4,284
RESISTANCE: R1: MYR4,530, R2: MYR4,616

KLCI INDEX FUTURES (1,580.50)
Short-term uptrend to resume
SUPPORT: S1: 1,560.00, S2: 1,545.00
RESISTANCE: R1: 1,593.00, R2: 1,610.50

For full charts and reports, link as below:
https://mkefactsettd.maybank-ke.com/PDFS/233566.pdf Open / Comment

2021-09-09 03:33:48 News Update:

Proton targets sales recovery in final four months of 2021, Jan-Aug sales volume up 1.6% y-o-y
EPF cuts IOI Corp stake as planter tops RM4 for first time in over two months
Unisem temporarily shuts Ipoh plants for seven days on MoH orders
Genting group joins bid for digital banking licence via PUC
India's refiners seen to favour palm oil imports from Malaysia
YTL's FY21 profit surges 52pct to RM638.5mil
Bad loans rising to be delayed, says RAM
K-One Technology to develop, manufacture NASA-approved ventilators
AirAsia 2Q net loss narrows to RM580m as revenue jumps 161%
Duopharma denies appointing Bintai Healthcare, other parties as distributor of Sinopharm's Covid-19 vaccine
YTL Corp sees better performance in 4Q, declares 2.5 sen dividend
Green Packet partners FETCi to run Malaysia’s first Multi Lane Free Flow tolling system Proof of Concept
Pertama Digital enlarges stake in Dapat Vista
MMC's privatisation bid at RM2 per share deemed 'not fair, but reasonable
Khazanah to place out 100 million CIMB shares raising up to RM494m — report
Awang Daud forced to sell another 1.8 mil Serba Dinamik shares

09/09/2021 Open / Comment

2021-09-06 03:55:27 Maybank Kim Eng Kopi-O (6 Sep 2021)

Nikkei 29128.1 2.05%
Kospi 3201.1 0.79%
SSE 3581.7 -0.43%
HSI 25902.0 -0.72%
TWSE 17516.9 1.14%
SET 1650.3 0.16%
JCI 6126.9 0.80%
STI 3083.9 -0.16%
KLCI 1589.2 0.44%

MKE Key Calls
Malaysia Banking - 2Q21 results round-up
Despite the many challenges, the banks have weathered through the year well. 2H21 earnings are expected to be weaker HoH, but this has been well-flagged and with stronger economic recovery into 2022, earnings momentum is expected to continue, with a projected 14% growth in aggregate net profit. We upgrade the sector to POSITIVE, with BUYs on AMMB, Public Bank, BIMB, RHB and HLFG.

MY
o Expect a volatile session after Wall Street ended mixed last Friday. Locally, O&G stocks and exporters may take a backseat after the oil price and USDMYR slid down for two consecutive days. Technically, we expect the KLCI to range between 1,570 and 1,610 today, with supports at 1,555 and 1,525.

o Malaysia Plantations: Sector M&A deals in 8M21 have surpassed that of 2020 in terms of value. We believe the M&A theme will continue, fanned by high CPO prices and undervaluation of SMID Caps. Undervalued SMID caps such as BPLANT (BUY) and HAPL (Not Rated) will continue to be potential M&A and/or privatization targets. Maintain POSITIVE on the sector. Our preferred BUYs are KLK, SOP, and BPLANT.

o Handal Energy (HDL MK): Its wholly-owned subsidiary Handal Cranes S/B was awarded a contract extension from SEA Hibiscus S/B to provide offshore crane maintenance services for SEA Hibiscus. The extension shall be valid for one year effective from 31 Oct 2021 until 30 Oct 2022. The contract does not have any specified value as it is on a call-out basis whereby work order will be issued at the discretion of the client. Stock is trading at a P/B of 0.7x.

For more stock ideas and market flows, access Market Insight on Maybank Trade on Apple Store and Google Play now.

Stay Ahead, Trade Smart. Open / Comment