ShareNews2U

2022-04-18 04:19:31 https://www.theedgemarkets.com/article/zafrul-epf-special-withdrawal-will-be-credited-earlier-april-18 Open / Comment

2022-04-18 04:06:59 *RHB Investment Bank Bhd*

*Retail Research*
Technical Analyzer
18-Apr-22

*Download report at* : https://tinyurl.com/yc4zt7m2

*ECOMATE (0239)* : Shariah-Compliant
Outlook: Breakout MYR0.50
Levels: MYR0.54, MYR0.565
Exit: Below MYR0.48
(time frame: 2-4 weeks)

*MSC (5916)*
Outlook: Breakout MYR5.14
Levels: MYR5.46, MYR6.00
Exit: Below MYR4.80
(time frame: 2-4 weeks)

*NESTCON (0235)* : Shariah-Compliant
Outlook: Pending Breakout MYR0.535
Levels: MYR0.56, MYR0.60
Exit: Below MYR0.50
(time frame: 2-4 weeks)

*GUH (3247)* : Shariah-Compliant
Outlook: Pending Breakout MYR0.56
Levels: MYR0.59, MYR0.635
Exit: Below MYR0.515
(time frame: 2-4 weeks)

Investment Research Disclaimers
RHB has issued this report for information purposes only… Open / Comment

2022-04-18 03:51:12 https://www.theedgemarkets.com/article/ctos-good-proxy-new-digital-economy-says-hlib Open / Comment

2022-04-18 03:46:45 *UOBKH Retail Market Monitor 18 April 2022*

FBMKLCI: 1,589.01 (-6.69)
Support: 1,570, 1,550
Resistance: 1,613, 1,623

Top Gainers: TM (+2.0%), DIALOG (+1.6%) and PETCHEM (+0.59%)
Top Losers: SIME (-4.3%), IHH (-1.8%) and PMETAL (-1.2%)

Bursa Trade Statistics:
Local Institutions (51.7%): -RM29m
Local Retail (33.0%): +RM16.3m
Foreign (15.3%): +RM12.7m

MSCI Asia : 173.92 (-0.76, -0.44%)
NASDAQ : 13,351.08 (Closed)
S&P500 : 4,432.59 (Closed)
DJIA : 34,451.23 (Closed)

USD/MYR : 4.2355 (-0.0005)
SGD/MYR : 3.1216 (-0.0008)

Crude Oil : $108.03 (+1.08)
Gold : $1,982.80 (+9.62)

*Stocks to watch*:

1) CCK (7035); Technical BUY with +17.5% potential return
*Last: RM0.57 Target: RM0.635, RM0.67 Stop: RM0.525
*Timeframe: 2 weeks to 2 months
*Syariah: YES

2) SCGM (7247); Technical BUY with 17.9% potential return
*Last: RM2.18 Target: RM2.49, RM2.62 Stop: RM2.06
*Timeframe: 2 weeks to 2 months
*Syariah: YES

3) SLVEST (0215); Technical BUY on breakout (RM0.985) with +31.0% potential return
*Last: RM0.975 Target: RM1.19, RM1.29 Stop: RM0.855
*Timeframe: 2 weeks to 2 months
*Syariah: YES

For full report, please log in to www.utrade.com.my Open / Comment

2022-04-18 03:42:45 Technical tracker - HLIB Retail Research – 18 April 2022

CTOS: A good proxy to new digital economy

Better risk and reward profile. To recap, the rout in steep valuation companies due to the Fed’s hawkish stance has incentivised funds to rotate from growth to value. CTOS – which has been trading arguably at premium valuations – tracked the market trend, sliding 14.3% YTD to RM1.56 yesterday. In our view, the sharp pullback in CTOS' share price has provided a better investment opportunity as the risk-reward profile turned more attractive, anchored by the group's robust growth profile.

Overall, we remain sanguine on CTOS' long-term prospects given the vast growth potential in the ASEAN Credit Reporting Industry. According to IDC, the ASEAN Credit Reporting Industry is expected to register a much faster growth rate than developed countries (ASEAN: +13.2% vs U.S:7.5% and UK:5.3%), driven by increasing demand for credit in ASEAN and low penetration in the credit reporting industry. Being the leading regional credit bureau in the ASEAN, with a presence in Malaysia and Thailand, we believe CTOS is well-positioned to capitalize on the growing credit demand, reflected in our 18% FY23-24E EPS CAGR.

The growing importance of e-KYC. We reckon the e-KYC solution is getting crucial and gradually becoming a necessity alongside the digitization of the financial sector that now allows people to open an account or apply for a facility from anywhere, anytime, without going into a physical office as e-KYC will enable authorities to undergo verification digitally and fast without the need of physical documentation. This demand is further boosted after Southeast Asia countries such as Malaysia and Thailand rush into the digital bank race to tap into the under-developed market. Given digital bank's agile yet strict credit assessment properties, we are upbeat about CTOS' credit management solutions over the long term.

Trading on critical support area. Technically, CTOS has been hovering above the RM1.51-1.56 critical support area. A decisive breakout above RM1.63 hurdle will indicate an end of the consolidation, and a new uptrend leg had happened that will spur the prices toward RM1.67-1.72-1.79. Cut loss at RM1.43.

Collection range: RM1.50-1.54-1.56

Upside targets: RM1.67-1.72-1.79

Cut: RM1.43


Please join us on HLeBroking telegram channel: https://t.me/joinchat/qaZOqmjEU0k4ZGVl

DISCLAIMER: https://www.hlebroking.com/v3/disclaimer.aspx Open / Comment

2022-04-16 15:15:09 The Mate @ Damansara Jaya
Like and Subscribe

Youtube:

Open / Comment

2022-04-16 08:13:51 https://www.theedgemarkets.com/article/steel-product-manufacturer-leform-eyes-ace-market-listing Open / Comment

2022-04-15 13:37:11 How to change your life

Zoom: https://bit.ly/HowToChangeYourLifeInThreeYears Open / Comment

2022-04-15 12:36:15 https://www.theedgemarkets.com/article/bursa-be-closed-tuesday-april-19 Open / Comment

2022-04-15 10:17:17 Top articles this week

IPO - MN Holdings Berhad
https://tinyurl.com/5d2nfr4n

Jaya Tiasa is most undervalued - Koon Yew Yin
https://tinyurl.com/52t72rsr

What could Genetec potentially do for Tesla? https://tinyurl.com/h5x38wce

Mplus CDS and share trading account:
1)Trade and invest in Malaysia shares
2)Lowest brokerage at 0.08%/ 100. Minimum RM8
Name and contact:
https://bit.ly/OpenMplusAccount Open / Comment