Wednesday 29 August 2012

Technical stock picks table - 30 Aug 2012

Thursday, 30 Aug 2012

Stock code / Price Action : Date Stop loss Target Comment
  • TRC (5054/0.735) Buy: 10/5/2012 Sell:15/5/2012 0.70 0.78,0.81 Consolidation breakout Stop out at 0.70
  • PERISAI (0047/0.90) Buy: 10/5/2012 Sell:16/5/20120. 87 1.04,1.12 Consolidation breakout Stop out at 0.87
  • CIMB (1023/7.64) Buy: 10/5/2012 Sell:14/5/2012 7.54 8.16,8.28 Uptrend, oversold Stop out at 7.54
  • MUHIBAH (5703/1.30) Buy: 10/5/2012 Sell:16/5/2012 1.22 1.45,1.50 Technical rebound, oversold Stop out at 1.22
  • MPHB (3859/2.95) Buy: 11/5/2012 Sell:16/5/2012 2.80 3.20,3.49 Bullish Pennant or Flag Stop out at 2.80
  • JAKS (4723/0.565) Buy: 11/5/2012 Sell:15/5/2012 0.54 0.66,0.73 Technical rebound, oversold Stop out at 0.54
  • AIRASIA (5099/3.65) Buy: 11/5/2012 Sell:15/5/2012 3.50 4.04 Bullish Pennant or Flag Stop out at 3.50
  • MUDAJYA (5085/2.75) Buy: 11/5/2012 Sell:14/5/2012 2.63 2.90,2.98 Technical rebound, oversold Stop out at 2.63
  • TM (4863/5.43) Buy: 14/5/2012 Sell:18/5/2012 5.33 5.80 Uptrend Stop out at 5.33
  • MEGB (5166/1.05) Buy: 14/5/2012 Sell:17/5/2012 1.00 1.18 Technical rebound, oversold Stop out at 1.00
  • LFECORP (7170/0.145) Buy: 14/5/2012 Sell:16/5/2012 0.125 0.21 Consolidation breakout Stop out at 0.125
  • DIALOG (7277/2.24) Buy: 14/5/2012 Sell:8/6/2012 2.16 2.52 Technical rebound, oversold Take profit at 2.39
  • CANONE (5105/2.10) Buy: 15/5/2012 Sell:20/6/2012 2.00 2.42 Uptrend Take profit at 2.34
  • DAYA (0091/0.21) Buy: 15/5/2012 0.18 0.28 Technical rebound, oversold
  • BJCORP (3395/0.765) Buy below 0.75:15/5/2012 Sell:2/8/2012 0.72 0.82 Due for a technical rebound Stop out at 0.72
  • WINGTM (2976/1.70) Buy: 16/5/2012 Sell:22/5/2012 1.62 1.94,2.06 Uptrend Take profit at 2.00
  • GAMUDA (5398/3.56) Buy: 16/5/2012 Sell:16/5/2012 3.46 3.90 Technical rebound, oversold Stop out at 3.46
  • MITRA (9571/0.55) Buy: 17/5/2012 Sell:9/7/2012 0.54 0.61 Double Bottom Take profit at 0.61
  • KINSTEL (5060/0.43) Buy: 17/5/2012 0.40 0.50 Double Bottom
  • MBSB (1171/2.10) Buy below 2.00:17/5/2012 Sell: 4/6/2012 1.83 2.38 Small downside Take profit at 2.22
  • GENM (4715/3.58) Buy: 18/5/2012 Sell:30/5/2012 3.50 3.93-3.97 Technical rebound, oversold Take profit at 3.83
  • MRCB (1651/1.58) Buy: 18/5/2012 Sell:20/6/2012 1.46 1.82-1.90 Technical rebound, oversold Take profit at 1.82
  • BIMB (5258/2.42) Buy: 18/5/2012 Sell:29/5/2012 2.27 2.58 Technical rebound, oversold Take profit at 2.60
  • MISC (3816/4.23) Buy: 21/5/2012 Sell: 4/6/2012 4.00 4.60 Correction ended at 3.92
  • Stop out at 4.00
  • MFLOUR (3662/1.45) Buy: 22/5/2012 1.32 5/6/2012:Stop loss raised to 1.45
  • 1.70,1.82 Technical rebound, oversold
  • PERWAJA(5146/0.575) Buy: 22/5/2012 Sell:26/6/2012 0.52 0.69 Technical rebound, oversold Take profit at 0.68
  • PERDANA (7108/0.50) Buy: 22/5/2012 Sell:14/6/2012 0.47 0.58,0.64 Technical rebound, oversold Take profit at 0.59
  • CRESBLD (8591/1.08) Buy: 23/5/2012 Sell:25/5/2012 1.04 1.30 Uprun Stop out at 1.04
  • BSTEAD (2771/4.98) Buy: 23/5/2012 Sell:19/6/2012 4.86 5.44,5.54 Technical rebound, oversold Take profit at 5.44
  • TA (4898/0.54) Buy: 24/5/2012 0.51 0.62,0.72 RSI positive divergence
  • UNISEM (5005/1.28) Buy: 24/5/2012 Sell:2/7/2012 1.22 1.44,1.49 Technical rebound, oversold Take profit at 1.44
  • YTLLAND (2577/0.975) Buy below 0.96:24/5/2012 Sell:30/7/2012 0.93 1.12 Technical rebound, oversold Take profit at 1.12
  • KNM (7164/0.76)Buy: 24/5/2012 Sell: 4/6/2012 0.72 0.84,0.88 Technical rebound, oversold Stop out at 0.72
  • CBIP (7076/2.54) Buy: 25/5/2012 Sell: 4/6/2012 2.44 2.80 Technical rebound, oversold Stop out at 2.44
  • KPSCB (9121/0.39) Buy: 25/5/2012 0.37 0.48 Technical rebound, oversold
  • BRAHIMS (9474/1.20) Buy: 25/5/2012 Sell:11/6/2012 1.14 1.40 Technical rebound, oversold
  • Stop out at 1.13
  • DIGI (6947/3.95) Buy: 29/5/2012 Sell:20/6/2012 3.89 4.20 Technical rebound, oversold
  • Take profit at 4.20
  • PERMAJU (7080/0.84) Buy: 29/5/2012 Sell:31/5/2012 0.80 1.02 Double bottom Stop out at 0.80
  • LEESK (8079/0.145)
  • Buy: 30/5/2012 0.125 0.19 Technical rebound, oversold
  • SBCCORP (5207/0.93) Buy: 30/5/2012 Sell:19/7/2012 0.86 1.00 Technical rebound, oversold Take profit at 1.06
  • E&O (3417/1.43) Buy: 30/5/2012 Sell:11/7/2012 1.38 1.53 Technical rebound, oversold Take profit at 1.56
  • MAS (3786/1.17) Buy: 31/5/2012 Sell:27/7/2012 1.08 1.30,1.40 Technical rebound, oversold Stop out at 1.08
  • PUNCAK (6807/1.33) Buy: 31/5/2012 1.26 1.57 Consolidation breakout
  • YINSON (7293/2.00) Buy: 1/6/2012 Sell:11/6/2012 1.90 2.20 Uptrend Take profit at 2.14
  • L&G (3174/0.34) Buy: 1/6/2012 Sell:19/6/2012 0.31 0.39,0.44 Trend breakout Take profit at 0.39
  • COASTAL (5071/1.76) Buy: 1/6/2012 Sell:11/6/2012 1.62 2.00 Technical rebound,oversold Take profit at 1.91
  • TM (4863/5.39) Buy: 1/6/2012 Sell:22/6/2012 5.30 5.70 Uptrend Take profit at 5.80
  • TAGB (5158/0.275) Buy: 4/6/2012 0.26 0.34 Double bottom
  • BURSA (1818/6.05) Buy: 4/6/2012 Sell:10/7/2012 5.85 6.40,6.60 Technical rebound, oversold Take profit at 6.35
  • BINTAI (6998/0.375) Buy: 4/6/2012 Sell:11/6/2012 0.34 0.46 Breakout Take profit at 0.42 SMI (4375/0.21) Buy below 0.20:5/6/2012 0.185 0.25 Correction completed
  • KLCCP (5089/3.95) Buy: 5/6/2012 Sell:28/6/2012 3.84 4.22,4.34 Consolidation breakout Take profit at 4.34
  • MPHB (3859/3.24) Buy: 6/6/2012 Sell:18/6/2012 3.10 14/6/2012:Stop loss raised to
  • 3.38 3.50,3.64 Uptrend Take profit at 3.38
  • TDM (2054/3.78) Buy: 6/6/2012 Sell:15/6/2012 3.69 4.20 Technical rebound, oversold Take profit at 4.55
  • LITRAK (6645/4.10)
  • Buy: 6/6/2012 3.92 4.48 Uptrend
  • MAYBANK (1155/8.70) Buy: 7/6/2012 Sell:18/7/2012 8.50 9.20 Oversold Take profit at 8.77
  • UMW (4588/8.08) Buy: 7/6/2012 Sell:14/6/2012 7.90 14/6/2012:Stop loss raised to 8.22 8.40,8.60 Uptrend Take profit at 8.44
  • BJTOTO (1562/4.31) Buy: 7/6/2012 4.20 4.70 Oversold
  • UEMLAND (5148/1.96) Buy: 8/6/2012 Sell:6/7/2012 1.90 2.15,2.19 Oversold Take profit at 2.15
  • FITTERS (9318/0.72) Buy: 8/6/2012 Sell:19/7/2012 0.69 0.85 Double bottom
  • Take profit at 0.83
  • AIRASIA (5099/3.65) Buy: 11/6/2012 Sell:6/7/2012 3.52 3.82,3.94 Rebound Take profit at 3.82
  • SKPRES (7155/0.35) Buy: 11/6/2012 0.33 0.43 Consolidation breakout
  • CENSOF (5195/0.37) Buy: 12/6/2012 Sell:18/6/2012 0.35 0.41 Oversold Take profit at 0.41
  • FAVCO (7229/1.43) Buy: 13/6/2012 Sell:25/6/2012 1.35 1.60 Oversold Take profit at 1.62
  • FAJAR (7047/1.08) Buy: 13/6/2012 Sell:14/6/2012 1.04 1.22 Technical rebound
  • Stop out at 1.04
  • MUHIBAH (5703/1.21) Buy:14/6/2012 1.18 28/6/2012:Stop loss lowered to 0.94
  • 1.34 Double bottom
  • ENG (8826/1.95) Buy:14/6/2012 Sell:15/8/2012 1.91 2.20 Breakout Take profit at 1.99
  • TRC (5054/0.67) Buy around 0.65:15/6/2012 0.62 0.74 Double Bottom
  • SUPERMX (7106/1.96) Buy:18/6/2012 Sell:10/7/2012 1.88 2.15 Positive technicals Take profit at 2.18
  • OLDTOWN(5201/1.59) Buy:18/6/2012 Sell:19/6/2012 1.51 1.74 Positive technicals Take profit at 1.74
  • THPLANT (5112/2.29) Buy:19/6/2012 Sell:10/7/2012 2.18 2.54 Oversold Take profit at 2.60
  • MALTON (6181/0.57) Buy:19/6/2012 Sell:28/6/2012 0.55 0.65 Technical rebound Stop out at 0.55
  • AZRB (7078/0.775) Buy:21/6/2012 0.74 0.90,0.96 Technical rebound
  • PARAMON (1724/1.78) Buy:22/6/2012 Sell:18/7/2012 1.70 1.90,2.00 Consolidation breakout Stop out at 1.69
  • MAYBULK (5077/1.58) Buy below 1.55:22/6/2012 Sell:24/8/2012 1.52 Stop raised to 1.55 1.76,1.84 Oversold Take profit at 1.55
  • GKENT (3204/1.04) Buy:25/6/2012 0.94 1.22 Double bottom
  • HWGB (9601/0.415) Buy:25/6/2012 Sell:26/6/2012 0.40 0.45,0.49 Consolidation breakout
  • Take profit at 0.45
  • UMLAND (4561/2.25) Buy:26/6/2012 Sell:9/7/2012 2.18 2.40,2.49 Uprun Take profit at 2.40
  • PARKSON (5657/4.59) Buy below 4.50:29/6/2012 Sell:13/8/2012 4.36 4.90 Oversold
  • Take profit at 4.82
  • MULPHA (3905/0.41) Buy: 2/7/2012 0.40 0.47 Oversold
  • HAPSENG (3034/1.79) Buy:2/7/2012 Sell:2/8/2012 1.72 1.87,2.00 Oversold Stop out at 1.70
  • KEURO (3565/1.05) Buy:3/7/2012 Sell:6/8/2012 1.00 1.16 Oversold Take profit at 1.14
  • DELEUM (5132/1.76) Buy:3/7/2012 Sell:13/7/2012 1.69 1.97 Oversold Take profit at 1.93
  • PERISAI (0047/0.87) Buy:3/7/2012 Sell:14/8/2012 0.85 0.96 Oversold Take profit at 0.95
  • ALAM (5115/0.55) Buy:4/7/2012 Sell:13/7/2012 0.52 0.65 Oversold Stop out at 0.52
  • PADINI (7052/1.86) Buy:4/7/2012 Sell:1/8/2012 1.82 2.09 Oversold Take profit at 2.12
  • HARVEST (9342/0.46) Buy:4/7/2012 Sell:12/7/2012 0.42 0.64 Oversold Take profit at 0.64
  • RSAWIT (5113/1.07) Buy:5/7/2012 Sell:11/7/2012 1.03 1.16 Consolidation breakout
  • Take profit at 1.16
  • SHCHAN (4316/1.20) Buy:5/7/2012 Sell:13/7/2012 1.17 1.28,1.34 Consolidation breakout Stop out at 1.17
  • ULICORP (7133/0.77) Buy:5/7/2012 0.75 0.85 Uprun
  • ADVENTA (7191/1.60) Buy:6/7/2012 Sell:11/7/2012 1.54 1.70,1.80 Uprun Take profit at 1.86
  • MKH (6114/2.38) Buy:6/7/2012 Sell:9/7/2012 2.26 2.52,2.86 Uprun Take profit at 2.60
  • HSL (6238/1.65) Buy:6/7/2012 Sell:8/8/2012 1.60 1.82 Uprun Stop out at 1.58
  • GADANG (9261:0.59) Buy:9/7/2012 0.57 0.68 Uprun
  • MMCCORP (2194/2.61) Buy:9/7/2012 Sell:18/7/2012 2.55 2.80 Oversold Stop out at 2.55
  • KSK (5097/0.68) Buy:11/7/2012 0.64 0.88 Uprun
  • HIBISCS (5199/1.56) Buy:12/7/2012 Sell:13/8/2012 1.50 1.80 Consolidation breakout Take profit at 1.81
  • NYLEX (4944/0.59) Buy:13/7/2012 0.53 0.70,0.74 Upmove
  • KHEESAN (6203/0.42) Buy:13/7/2012 0.38 0.53 Upmove
  • SKPETRO (5218/2.21) Buy:13/7/2012 Sell:19/7/2012 2.18 2.40 Oversold Take profit at 2.44
  • MBFHLDG (1236/1.04) Buy:16/7/2012 Sell:7/8/2012 1.00 1.16,1.28 Upmove
  • Take profit at 1.14
  • WEIDA (7111/1.26) Buy:16/7/2012 Sell:17/7/2012 1.20 1.44 Upmove Take profit at 1.44
  • KHSB (6246/0.48) Buy below 0.47:16/7/2012 0.44 0.58 Technical rebound
  • AFFIN (5185/3.60) Buy:18/7/2012 Sell:15/8/2012 3.53 3.90,4.29 Consolidation breakout
  • Stop out at 3.53
  • PRESBHD (5204/1.35) Buy:18/7/2012 Sell:20/7/2012 1.30 1.50 Consolidation breakout Stop out at 1.30
  • WCT (9679/2.55) Buy:18/7/2012 Sell:24/7/2012 2.50 2.74,2.95 Consolidation breakout
  • Stop out at 2.50
  • MBMR (5983/4.00) Buy:19/7/2012 Sell:27/7/2012 3.88 4.30 Upmove Stop out at 3.84
  • L&G (3174/0.42) Buy:19/7/2012 Sell:3/8/2012 0.40 0.49,0.54 Upmove Take profit at 0.49
  • CIMB (1023/7.88) Buy:19/7/2012 7.70 8.20,8.40 Upmove
  • BGYEAR (7023/0.46) Buy:20/7/2012 Sell:25/7/2012 0.40 0.54,0.62 Technical rebound
  • Take profit at 0.59
  • NOTION (0083/1.26) Buy:23/7/2012 Sell:22/8/2012 1.22 1.37,1.39 Upmove Stop out at 1.21
  • MKLAND (8893/0.34) Buy:23/7/2012 Sell:26/7/2012 0.31 0.39,0.42 Upmove Take profit at 0.39
  • TENAGA (5347/6.82) Buy:23/7/2012 6.64 7.18,7.60 Consolidation breakout
  • GTRONIC (7022/1.38) Buy:25/7/2012 Sell:14/8/2012 1.23 1.63 Upmove Take profit at 1.63
  • INGRESS (7112/1.43) Buy:25/7/2012 Sell:29/8/2012 1.26 1.70 Upmove Stop out at 1.24
  • OLDTOWN (5201/1.76) Buy below 1.70:26/7/2012 Sell:30/7/2012 1.59 2.05 Oversold
  • Take profit at 2.05
  • FABER (1368/1.47) Buy below 1.45:27/7/2012 Sell:2/8/2012 1.39 1.65,1.77 Oversold
  • Stop out at 1.39
  • MRCB (1651/1.75) Buy:30/7/2012 Sell:24/8/2012 1.66 1.90,2.00 Oversold Stop out at 1.66
  • IJM (3336/5.18) Buy:30/7/2012 5.07 5.50,5.70 Oversold
  • KIANJOO (3522/2.60) Buy:31/7/2012 2.50 2.90 Upmove
  • BRDB (1473/2.53) Buy:31/7/2012 Sell:31/7/2012 2.48 2.74 Upmove Take profit at 2.74
  • LANDMRK (1643:1.00) Buy below 0.99:1/8/2012 0.96 1.10,1.13 Upmove
  • MYEG (0138/0.70) Buy:1/8/2012 Sell:3/8/2012 0.65 0.74,0.80 Upmove Take profit at 0.74
  • JOHOTIN (7167/1.62) Buy:1/8/2012 Sell:3/8/2012 1.50 1.84 Upmove Take profit at 1.81
  • NAIM (5073/1.84) Buy:2/8/2012 1.79 2.14 Consolidation breakout
  • JOHAN (3441/0.21) Buy:2/8/2012 0.19 0.29 Consolidation breakout
  • UOADEV (5200/1.69) Buy:3/8/2012 Sell:14/8/2012 1.64 1.88,2.00 Upmove Take profit at 1.79
  • KFIMA (6491/2.42) Buy:3/8/2012 Sell:14/8/2012 2.34 2.60,2.70 Consolidation breakout Stop out at 2.32
  • MNRB (6459/3.05) Buy:3/8/2012 Sell:24/8/2012 2.94 3.27 Upmove Stop out at 2.94
  • TM (4863/5.74) Buy:6/8/2012 Sell:23/8/2012 5.60 6.00,6.20 Oversold Take profit at 6.00
  • MBL (5152/1.18) Buy:7/8/2012 Sell:24/8/2012 1.12 1.40 Upmove Take profit at 1.28
  • FAVCO (7229/1.62) Buy:7/8/2012 Sell:7/8/2012 1.52 1.82 Upmove Take profit at 1.80
  • MEDIA (4502/2.42) Buy:8/8/2012 2.33 2.62 Upmove
  • UNISEM (5005/1.25) Buy:8/8/2012 Sell:14/8/2012 1.14 1.50 Oversold Stop out at 1.14
  • HARBOUR (2062/0.96) Buy:9/8/2012 Sell:15/8/2012 0.93 1.10 Upmove Stop out at 0.93
  • KFM (8303/0.465) Buy:9/8/2012 0.44 0.53,0.56 Consolidation breakout
  • BORNOIL (7036/0.51) Buy:9/8/2012 Sell:28/8/2012 0.46 0.60 Oversold Stop out at 0.44
  • WCT (9679/2.51) Buy:9/8/2012 2.42 2.95 Oversold
  • GENM (4715/3.30) Buy:10/8/2012 3.15 3.60,3.72 RSI Positive divergence
  • CSL (5214/1.02) Buy:10/8/2012 0.94 1.22 RSI Positive divergence
  • SEAL (4286/0.53) Buy:10/8/2012 0.51 0.57,0.61 Upmove
  • DIJACOR (5401/1.21) Buy:13/8/2012 Sell:24/8/2012 1.17 1.37 Upmove Stop out at 1.16
  • TWSCORP (4804/0.81) Buy:13/8/2012 Sell:16/8/2012 0.78 0.89 Upmove Stop out at 0.78
  • SYF (7082/0.51) Buy:13/8/2012 Sell:27/8/2012 0.47 0.63 Upmove Take profit at 0.61
  • P&O (6009/1.24) Buy:14/8/2012 1.15 1.30,1.40 Consolidation breakout
  • ALAM (5115/0.56) Buy:15/8/2012 0.53 0.59,0.63 Consolidation breakout
  • MEGB (5166/0.765) Buy:16/8/2012 0.745 0.80 Oversold
  • BINTAI (6998/0.39) Buy:16/8/2012 0.36 0.46,0.49 Oversold
  • KNM (7164/0.70) Buy:17/8/2012 0.66 0.79,0.87 Oversold
  • ADVENTA (7191/1.89) Buy:17/8/2012 Sell:24/8/2012 1.84 1.96,2.02 Oversold Stop out at 1.82
  • BSTEAD (2771/5.42) Buy:23/8/2012 5.30 6.00 Oversold
  • TDM (2054/3.88) Buy:23/8/2012 3.77 4.26 Oversold
  • SCOMI (7158/0.245) Buy:23/8/2012 Sell:27/8/2012 0.225 0.27,0.30 Oversold Take profit at 0.29
  • CENBOND (7171/1.09) Buy:24/8/2012 1.02 1.38 Upmove
  • DELEUM (5132/1.90) Buy:24/8/2012 1.84 2.10 Upmove
  • ILB (5614/0.94) Buy:24/8/2012 0.90 1.05 Upmove
  • MAS (3786/1.08) Buy:27/8/2012 1.00 1.30 Oversold
  • TAKASO (7071/0.20) Buy:27/8/2012 Sell:29/8/2012 0.18 0.25 Upmove Take profit at 0.25
  • SCOMIMR (7045/0.32) Buy:28/8/2012 0.305 0.38 Oversold
  • JOHOTIN (7167/1.82) Buy:28/8/2012 1.77 1.95 Oversold
  • LCHEONG (7943/0.19) Buy:29/8/2012 0.17 0.32 Consolidation breakout
  • PWROOT (7237/1.08) Buy:29/8/2012 0.98 1.22 Consolidation breakout
  • NAGAMAS (8923/0.41) Buy:29/8/2012 0.39 0.55 Consolidation breakout
  • JADI (7223/0.13) Buy:29/8/2012 0.11 0.17 Oversold
  • MBSB (1171/2.34) Buy:30/8/2012 2.28 2.64 Oversold
  • BKOON (7187/0.22) Buy:30/8/2012 0.20 0.28 Consolidation breakout


Source:Jupiter Securities Research 30 August 2012

Morning Coffee - 30 Aug 2012

MARKET ROUNDUP (Source Bloomberg)

U.S. Stocks Rise On GDP Data As Investors Await Bernanke: The S&P 500 added 0.1 percent to 1,410.49 at 4 p.m. New York time. The Dow Jones Industrial Average rose 4.49 points, or less than 0.1 percent, to 13,107.48. Volume for
exchange-listed stocks in the U.S. was 4.4 billion shares, the lowest level since at least 2008 excluding days surrounding holidays.

European Stocks Fall For Second Day; L’Oreal Leads Slide: as companies from L’Oreal SA to Bouygues (EN) SA retreated after reporting earnings and German Chancellor Angela Merkel clashed with Italian Prime Minister Mario Monti over whether to give the euro area’s permanent bailout fund a bank license. The U.K.’s FTSE 100 Index slid 0.6 percent and France’s CAC 40 Index declined 0.5 percent.Germany’s DAX Index rose 0.1 percent.

Oil Declines For A Second Day As Stockpiles Rise, Storm Weakens: after stockpiles unexpectedly rose and Hurricane Isaac weakened after making landfall, reducing the threat to offshore platforms and rigs in the Gulf of Mexico. Oil for October delivery slid as much as 34 cents to $95.15 a barrel in electronic trading on the New York Mercantile Exchange and was at $95.24 at 9:06 a.m. Sydney time. The contract yesterday dropped 84 cents to $95.49, the lowest close since Aug. 27. Prices are 8.2 percent higher this month and 3.6 percent lower
this year.


CORPORATE NEWS

Puncak Niaga's Q2 net profit soars to RM78.4m: the increase in revenue was mainly due to higher water tariff compensation arising from the scheduled tariff hike, which should have been gazetted on January 1 this year, as well as revenue contribution from the oil and gas segment.

Sime Darby net profit soars to RM4.2b: Sime’s heavy machinery division experienced brisk business when it sold more mining equipment in Australia. This division chalked up RM1.4 billion in pre-tax profit, 27 per cent higher than previously, as it included maiden contribution from the newly-acquired Bucyrus
business. The plantation business, which typically makes up more than half of the group’s annual profits, saw a slight dip.

Btimes

Genting Q2 profit lower: as a result of a decline in casino business and weaker plantations performance. Higher revenue was recorded from the leisure and hospitality and property divisions.

LBS Bina Q2 net profit jumps 30.6%: the improved revenue for the current quarter and period to date were due to progressive recognition of revenue and profit contribution from its on-going projects.

StarbIz


Source:Jupiter Securities Research 30 August 2012

Stock Overview - MBSB - 30 Aug 2012

MBSB ( 1171 : 2.34 ) : Targeting 2.64/Stop loss 2.28

Description

Resistance : 2.64
Support : 2.28

RSI of 40
RSI is recovering

STOCHASTIC
It is approaching oversold

Comment
The recent sell down from 2.54 may have bottomed out at the low of 2.29, indicating a likely technical rebound

Trading Strategy
Buy. Stop loss is at 2.28

Source:Jupiter Securities Research 30 August 2012

Stock Overview - TAKASO - 30 Aug 2012

TAKASO ( 7071 : 0.25 ) : Take profit

Description

Resistance : 0.28
Support : 0.22

RSI of 76
RSI is overbought

STOCHASTIC
It is approaching overbought

Comment
On the buy call of 27/8/2012 at 0.20, we are recommending to take profit as it is approaching overbought

Trading Strategy
Take profit

Source:Jupiter Securities Research 30 August 2012

Stock Overview - BKOON - 30 Aug 2012

BKOON ( 7187 : 0.22 ) : Targeting 0.28/Stop loss 0.20

Description

Resistance : 0.28
Support : 0.22

RSI of 57
RSI is recovering

STOCHASTIC
It is on an upswing

Comment
Following the consolidation breakout, it is heading for 0.28

Trading Strategy
Buy. Stop loss is at 0.20

Source:Jupiter Securities Research 30 August 2012

Daily Summary - 30 Aug 2012

YOUR MORNING COFFEE – Thursday 30/8/2012

SUMMARY

  • Wall St closed 0.03% higher, as US Fed report showed pickup in regional activity in July-August. US pending home sales at the highest in 2 years. Market is awaiting Bernanke’s speech Friday, for hint of quantitative easing, to fuel growth.
  • Dow of 13,107, may stage a technical rebound following the past 3 days of drop. Resistance is at 13,338. RSI of 52, is recovering.
  • DOLLAR INDEX is higher at 81.5. Downside is at 81.0.
  • Crude oil is lower at USD95.5. Resistance is at 100.0.
  • Dollar yen is higher at 78.7 yen. Support is at 77.4.
  • Euro/dollar is lower at 1.253. Upside is at 1.262.
  • Gold is lower at USD1656. Upside is at 1740.
  • Shanghai closed lower at 2,053.
  • Singapore STI closed higher at 3,045.
  • Ringgit is weaker at 3.126. Downside is at 3.210.
  • S’pore ringgit is higher at 2.496. Upside is at 2.540.
  • Malaysian market closed lower at 1645. On the Daily chart, it is targeting 1710 over a longer term. Near term pullback support is at 1644. RSI of 60, is down. Today’s range is between 1644 and 1654.
  • CPO Nov futures is lower at RM2992. Resistance is at 3270.
  • Trading : TAKASO ( 7071 : 0.25 ) : Take profit MBSB ( 1171 : 2.34 ) : Targeting 2.64/Stop loss 2.28, BKOON ( 7187 : 0.22 ) : Targeting 0.28/Stop loss 0.20

Source:Jupiter Securities Research 30 August 2012

Technical stock picks table - 29 Aug 2012

Wednesday, 29 Aug 2012


Stock code / Price Action : Date Stop loss Target Comment

  • TRC (5054/0.735) Buy: 10/5/2012 Sell:15/5/2012 0.70 0.78,0.81 Consolidation breakout Stop out at 0.70
  • PERISAI (0047/0.90) Buy: 10/5/2012 Sell:16/5/2012 0.87 1.04,1.12 Consolidation breakout Stop out at 0.87
  • CIMB (1023/7.64) Buy: 10/5/2012 Sell:14/5/2012 7.54 8.16,8.28 Uptrend, oversold Stop out at 7.54
  • MUHIBAH (5703/1.30) Buy: 10/5/2012 Sell:16/5/2012 1.22 1.45,1.50 Technical rebound, oversold Stop out at 1.22
  • MPHB (3859/2.95) Buy: 11/5/2012 Sell:16/5/2012 2.80 3.20,3.49 Bullish Pennant or Flag Stop out at 2.80
  • JAKS (4723/0.565) Buy: 11/5/2012 Sell:15/5/2012 0.54 0.66,0.73 Technical rebound, oversold Stop out at 0.54
  • AIRASIA (5099/3.65) Buy: 11/5/2012 Sell:15/5/2012 3.50 4.04 Bullish Pennant or Flag Stop out at 3.50
  • MUDAJYA (5085/2.75) Buy: 11/5/2012 Sell:14/5/2012 2.63 2.90,2.98 Technical rebound, oversold Stop out at 2.63
  • TM (4863/5.43) Buy: 14/5/2012 Sell:18/5/2012 5.33 5.80 Uptrend Stop out at 5.33
  • MEGB (5166/1.05) Buy: 14/5/2012 Sell:17/5/2012 1.00 1.18 Technical rebound, oversold Stop out at 1.00
  • LFECORP (7170/0.145) Buy: 14/5/2012 Sell:16/5/2012 0.125 0.21 Consolidation breakout Stop out at 0.125
  • DIALOG (7277/2.24) Buy: 14/5/2012 Sell:8/6/2012 2.16 2.52 Technical rebound, oversold Take profit at 2.39
  • CANONE (5105/2.10) Buy: 15/5/2012 Sell:20/6/2012 2.00 2.42 Uptrend Take profit at 2.34
  • DAYA (0091/0.21) Buy: 15/5/2012 0.18 0.28 Technical rebound, oversold
  • BJCORP (3395/0.765) Buy below 0.75:15/5/2012 Sell:2/8/2012 0.72 0.82 Due for a technical rebound Stop out at 0.72
  • WINGTM (2976/1.70) Buy: 16/5/2012 Sell:22/5/2012 1.62 1.94,2.06 Uptrend Take profit at 2.00
  • GAMUDA (5398/3.56) Buy: 16/5/2012 Sell:16/5/2012 3.46 3.90 Technical rebound, oversold Stop out at 3.46
  • MITRA (9571/0.55) Buy: 17/5/2012 Sell:9/7/2012 0.54 0.61 Double Bottom
  • Take profit at 0.61
  • KINSTEL (5060/0.43) Buy: 17/5/2012 0.40 0.50 Double Bottom
  • MBSB (1171/2.10) Buy below 2.00:17/5/2012 Sell: 4/6/2012 1.83 2.38 Small downside
  • Take profit at 2.22
  • GENM (4715/3.58) Buy: 18/5/2012 Sell:30/5/2012 3.50 3.93-3.97 Technical rebound, oversold Take profit at 3.83
  • MRCB (1651/1.58) Buy: 18/5/2012 Sell:20/6/2012 1.46 1.82-1.90 Technical rebound, oversold Take profit at 1.82
  • BIMB (5258/2.42) Buy: 18/5/2012 Sell:29/5/2012 2.27 2.58 Technical rebound, oversold Take profit at 2.60
  • MISC (3816/4.23) Buy: 21/5/2012 Sell: 4/6/2012 4.00 4.60 Correction ended at 3.92 Stop out at 4.00
  • MFLOUR (3662/1.45) Buy: 22/5/2012 1.32 5/6/2012:Stop loss raised to 1.45 1.70,1.82 Technical rebound, oversold
  • PERWAJA(5146/0.575) Buy: 22/5/2012 Sell:26/6/2012 0.52 0.69 Technical rebound, oversold Take profit at 0.68
  • PERDANA (7108/0.50) Buy: 22/5/2012 Sell:14/6/2012 0.47 0.58,0.64 Technical rebound, oversold Take profit at 0.59
  • CRESBLD (8591/1.08) Buy: 23/5/2012 Sell:25/5/2012 1.04 1.30 Uprun Stop out at 1.04
  • BSTEAD (2771/4.98) Buy: 23/5/2012 Sell:19/6/2012 4.86 5.44,5.54 Technical rebound, oversold Take profit at 5.44
  • TA (4898/0.54) Buy: 24/5/2012 0.51 0.62,0.72 RSI positive divergence
  • UNISEM (5005/1.28) Buy: 24/5/2012 Sell:2/7/2012 1.22 1.44,1.49 Technical rebound, oversold Take profit at 1.44
  • YTLLAND (2577/0.975) Buy below 0.96:24/5/2012 Sell:30/7/2012 0.93 1.12 Technical rebound, oversold Take profit at 1.12
  • KNM (7164/0.76) Buy: 24/5/2012 Sell: 4/6/2012 0.72 0.84,0.88 Technical rebound, oversold Stop out at 0.72
  • CBIP (7076/2.54) Buy: 25/5/2012 Sell: 4/6/2012 2.44 2.80 Technical rebound, oversold Stop out at 2.44
  • KPSCB (9121/0.39) Buy: 25/5/2012 0.37 0.48 Technical rebound, oversold
  • BRAHIMS (9474/1.20) Buy: 25/5/2012 Sell:11/6/2012 1.14 1.40 Technical rebound, oversold Stop out at 1.13
  • DIGI (6947/3.95) Buy: 29/5/2012 Sell:20/6/2012 3.89 4.20 Technical rebound, oversold Take profit at 4.20
  • PERMAJU (7080/0.84),Buy: 29/5/2012,Sell:31/5/2012,0.80 1.02 Double bottom,
  • Stop out at 0.80
  • LEESK (8079/0.145) Buy: 30/5/2012 0.125 0.19 Technical rebound, oversold
  • SBCCORP (5207/0.93) Buy: 30/5/2012 Sell:19/7/2012 0.86 1.00 Technical rebound, oversold Take profit at 1.06
  • E&O (3417/1.43) Buy: 30/5/2012 Sell:11/7/2012 1.38 1.53 Technical rebound, oversold Take profit at 1.56
  • MAS (3786/1.17) Buy: 31/5/2012 Sell:27/7/2012 1.08 1.30,1.40 Technical rebound, oversold Stop out at 1.08
  • PUNCAK (6807/1.33) Buy: 31/5/2012 1.26 1.57 Consolidation breakout
  • YINSON (7293/2.00) Buy: 1/6/2012 Sell:11/6/2012 1.90 2.20 Uptrend Take profit at 2.14
  • L&G (3174/0.34) Buy: 1/6/2012 Sell:19/6/2012 0.31 0.39,0.44 Trend breakout
  • Take profit at 0.39
  • COASTAL (5071/1.76) Buy: 1/6/2012 Sell:11/6/2012 1.62 2.00 Technical rebound, oversold Take profit at 1.91
  • TM (4863/5.39) Buy: 1/6/2012 Sell:22/6/2012 5.30 5.70 Uptrend Take profit at 5.80
  • TAGB (5158/0.275) Buy: 4/6/2012 0.26 0.34 Double bottom
  • BURSA (1818/6.05) Buy: 4/6/2012 Sell:10/7/2012 5.85 6.40,6.60 Technical rebound, oversold Take profit at 6.35
  • BINTAI (6998/0.375) Buy: 4/6/2012 Sell:11/6/2012 0.34 0.46 Breakout Take profit at 0.42
  • SMI (4375/0.21) Buy below 0.20:5/6/2012 0.185 0.25 Correction completed
  • KLCCP (5089/3.95) Buy: 5/6/2012 Sell:28/6/2012 3.84 4.22,4.34 Consolidation breakout Take profit at 4.34
  • MPHB (3859/3.24) Buy: 6/6/2012 Sell:18/6/2012 3.10 14/6/2012:Stop loss raised to 3.38 3.50,3.64 Uptrend Take profit at 3.38 
  • TDM (2054/3.78) Buy: 6/6/2012 Sell:15/6/2012 3.69 4.20 Technical rebound, oversold Take profit at 4.55
  • LITRAK (6645/4.10) Buy: 6/6/2012 3.92 4.48 Uptrend
  • MAYBANK (1155/8.70) Buy: 7/6/2012 Sell:18/7/2012 8.50 9.20 Oversold Take profit at 8.77
  • UMW (4588/8.08) Buy: 7/6/2012 Sell:14/6/2012 7.90 14/6/2012:Stop loss raised to 8.22 8.40,8.60 Uptrend Take profit at 8.44
  • BJTOTO (1562/4.31) Buy: 7/6/2012 4.20 4.70 Oversold
  • UEMLAND (5148/1.96) Buy: 8/6/2012 Sell:6/7/2012 1.90 2.15,2.19 Oversold
  • Take profit at 2.15
  • FITTERS (9318/0.72) Buy: 8/6/2012 Sell:19/7/2012 0.69 0.85 Double bottom Take profit at 0.83
  • AIRASIA (5099/3.65) Buy: 11/6/2012 Sell:6/7/2012 3.52 3.82,3.94 Rebound Take profit at 3.82
  • SKPRES (7155/0.35) Buy: 11/6/2012 0.33 0.43 Consolidation breakout
  • CENSOF (5195/0.37) Buy: 12/6/2012 Sell:18/6/2012 0.35 0.41 Oversold Take profit at 0.41
  • FAVCO (7229/1.43) Buy: 13/6/2012 Sell:25/6/2012 1.35 1.60 Oversold Take profit at 1.62
  • FAJAR (7047/1.08) Buy: 13/6/2012 Sell:14/6/2012 1.04 1.22 Technical rebound
  • Stop out at 1.04
  • MUHIBAH (5703/1.21) Buy:14/6/2012 1.18 28/6/2012:Stop loss lowered to 0.94 1.34 Double bottom
  • ENG (8826/1.95) Buy:14/6/2012 Sell:15/8/2012 1.91 2.20 Breakout Take profit at 1.99
  • TRC (5054/0.67) Buy around 0.65:15/6/2012 0.62 0.74 Double Bottom
  • SUPERMX (7106/1.96) Buy:18/6/2012 Sell:10/7/2012 1.88 2.15 Positive technicals
  • Take profit at 2.18
  • OLDTOWN(5201/1.59) Buy:18/6/2012 Sell:19/6/2012 1.51 1.74 Positive technicals Take profit at 1.74
  • THPLANT (5112/2.29) Buy:19/6/2012 Sell:10/7/2012 2.18 2.54 Oversold Take profit at 2.60
  • MALTON (6181/0.57) Buy:19/6/2012 Sell:28/6/2012 0.55 0.65 Technical rebound Stop out at 0.55
  • AZRB (7078/0.775) Buy:21/6/2012 0.74 0.90,0.96 Technical rebound
  • PARAMON (1724/1.78) Buy:22/6/2012 Sell:18/7/2012 1.70 1.90,2.00 Consolidation breakout Stop out at 1.69
  • MAYBULK (5077/1.58) Buy below 1.55:22/6/2012 Sell:24/8/2012 1.52 Stop raised to 1.55 1.76,1.84 Oversold Take profit at 1.55
  • GKENT (3204/1.04) Buy:25/6/2012 0.94 1.22 Double bottom
  • HWGB (9601/0.415) Buy:25/6/2012 Sell:26/6/2012 0.40 0.45,0.49 Consolidation breakout Take profit at 0.45
  • UMLAND (4561/2.25) Buy:26/6/2012 Sell:9/7/2012 2.18 2.40,2.49 Uprun Take profit at 2.40
  • PARKSON (5657/4.59) Buy below 4.50:29/6/2012 Sell:13/8/2012 4.36 4.90 Oversold Take profit at 4.82
  • MULPHA (3905/0.41) Buy: 2/7/2012 0.40 0.47 Oversold
  • HAPSENG (3034/1.79) Buy:2/7/2012 Sell:2/8/2012 1.72 1.87,2.00 Oversold Stop out at 1.70
  • KEURO (3565/1.05) Buy:3/7/2012 Sell:6/8/2012 1.00 1.16 Oversold Take profit at 1.14
  • DELEUM (5132/1.76) Buy:3/7/2012 Sell:13/7/2012 1.69 1.97 Oversold Take profit at 1.93
  • PERISAI (0047/0.87) Buy:3/7/2012 Sell:14/8/2012 0.85 0.96 Oversold Take profit at 0.95
  • ALAM (5115/0.55) Buy:4/7/2012 Sell:13/7/2012 0.52 0.65 Oversold Stop out at 0.52
  • PADINI (7052/1.86) Buy:4/7/2012 Sell:1/8/2012 1.82 2.09 Oversold Take profit at 2.12
  • HARVEST (9342/0.46) Buy:4/7/2012 Sell:12/7/2012 0.42 0.64 Oversold Take profit at 0.64
  • RSAWIT (5113/1.07) Buy:5/7/2012 Sell:11/7/2012 1.03 1.16 Consolidation breakout Take profit at 1.16
  • SHCHAN (4316/1.20) Buy:5/7/2012 Sell:13/7/2012 1.17 1.28,1.34 Consolidation breakout Stop out at 1.17
  • ULICORP (7133/0.77) Buy:5/7/2012 0.75 0.85 Uprun
  • ADVENTA (7191/1.60) Buy:6/7/2012 Sell:11/7/2012 1.54 1.70,1.80 Uprun Take profit at 1.86
  • MKH (6114/2.38) Buy:6/7/2012 Sell:9/7/2012 2.26 2.52,2.86 Uprun Take profit at 2.60
  • HSL (6238/1.65) Buy:6/7/2012 Sell:8/8/2012 1.60 1.82 Uprun Stop out at 1.58
  • GADANG (9261:0.59) Buy:9/7/2012 0.57 0.68 Uprun
  • MMCCORP (2194/2.61) Buy:9/7/2012 Sell:18/7/2012 2.55 2.80 Oversold Stop out at 2.55
  • KSK (5097/0.68) Buy:11/7/2012 0.64 0.88 Uprun
  • HIBISCS (5199/1.56) Buy:12/7/2012 Sell:13/8/2012 1.50 1.80 Consolidation breakout
  • Take profit at 1.81
  • NYLEX (4944/0.59) Buy:13/7/2012 0.53 0.70,0.74 Upmove
  • KHEESAN (6203/0.42) Buy:13/7/2012 0.38 0.53 Upmove
  • SKPETRO (5218/2.21) Buy:13/7/2012 Sell:19/7/2012 2.18 2.40 Oversold Take profit at 2.44
  • MBFHLDG (1236/1.04) Buy:16/7/2012 Sell:7/8/2012 1.00 1.16,1.28 Upmove Take profit at 1.14
  • WEIDA (7111/1.26) Buy:16/7/2012 Sell:17/7/2012 1.20 1.44 Upmove Take profit at 1.44
  • KHSB (6246/0.48) Buy below 0.47:16/7/2012 0.44 0.58 Technical rebound
  • AFFIN (5185/3.60) Buy:18/7/2012 Sell:15/8/2012 3.53 3.90,4.29 Consolidation breakout Stop out at 3.53
  • PRESBHD (5204/1.35) Buy:18/7/2012 Sell:20/7/2012 1.30 1.50 Consolidation breakout Stop out at 1.30
  • WCT (9679/2.55) Buy:18/7/2012 Sell:24/7/2012 2.50 2.74,2.95 Consolidation breakout Stop out at 2.50
  • MBMR (5983/4.00) Buy:19/7/2012 Sell:27/7/2012 3.88 4.30 Upmove Stop out at 3.84
  • L&G (3174/0.42) Buy:19/7/2012 Sell:3/8/2012 0.40 0.49,0.54 Upmove Take profit at 0.49
  • CIMB (1023/7.88) Buy:19/7/2012 7.70 8.20,8.40 Upmove
  • BGYEAR (7023/0.46) Buy:20/7/2012 Sell:25/7/2012 0.40 0.54,0.62 Technical rebound
  • Take profit at 0.59
  • NOTION (0083/1.26) Buy:23/7/2012 Sell:22/8/2012 1.22 1.37,1.39 Upmove Stop out at 1.21
  • MKLAND (8893/0.34) Buy:23/7/2012 Sell:26/7/2012 0.31 0.39,0.42 Upmove Take profit at 0.39
  • TENAGA (5347/6.82) Buy:23/7/2012 6.64 7.18,7.60 Consolidation breakout
  • GTRONIC (7022/1.38) Buy:25/7/2012 Sell:14/8/2012 1.23 1.63 Upmove Take profit at 1.63
  • INGRESS (7112/1.43) Buy:25/7/2012 1.26 1.70 Upmove
  • OLDTOWN (5201/1.76) Buy below 1.70:26/7/2012 Sell:30/7/2012 1.59 2.05 Oversold Take profit at 2.05
  • FABER (1368/1.47) Buy below 1.45:27/7/2012 Sell:2/8/2012 1.39 1.65,1.77 Oversold
  • Stop out at 1.39
  • MRCB (1651/1.75) Buy:30/7/2012 Sell:24/8/2012 1.66 1.90,2.00 Oversold Stop out at 1.66
  • IJM (3336/5.18) Buy:30/7/2012 5.07 5.50,5.70 Oversold
  • KIANJOO (3522/2.60) Buy:31/7/2012 2.50 2.90 Upmove
  • BRDB (1473/2.53) Buy:31/7/2012 Sell:31/7/2012 2.48 2.74 Upmove Take profit at 2.74
  • LANDMRK (1643:1.00) Buy below 0.99:1/8/2012 0.96 1.10,1.13 Upmove
  • MYEG (0138/0.70) Buy:1/8/2012 Sell:3/8/2012 0.65 0.74,0.80 Upmove
  • Take profit at 0.74
  • JOHOTIN (7167/1.62) Buy:1/8/2012 Sell:3/8/2012 1.50 1.84 Upmove Take profit at 1.81
  • NAIM (5073/1.84) Buy:2/8/2012 1.79 2.14 Consolidation breakout
  • JOHAN (3441/0.21) Buy:2/8/2012 0.19 0.29 Consolidation breakout
  • UOADEV (5200/1.69) Buy:3/8/2012 Sell:14/8/2012 1.64 1.88,2.00 Upmove Take profit at 1.79
  • KFIMA (6491/2.42) Buy:3/8/2012 Sell:14/8/2012 2.34 2.60,2.70 Consolidation breakout Stop out at 2.32
  • MNRB (6459/3.05) Buy:3/8/2012 Sell:24/8/2012 2.94 3.27 Upmove Stop out at 2.94
  • TM (4863/5.74) Buy:6/8/2012 Sell:23/8/2012 5.60 6.00,6.20 Oversold Take profit at 6.00
  • MBL (5152/1.18) Buy:7/8/2012 Sell:24/8/2012 1.12 1.40 Upmove Take profit at 1.28
  • FAVCO (7229/1.62) Buy:7/8/2012 Sell:7/8/2012 1.52 1.82 Upmove Take profit at 1.80
  • MEDIA (4502/2.42) Buy:8/8/2012 2.33 2.62 Upmove
  • UNISEM (5005/1.25) Buy:8/8/2012 Sell:14/8/2012 1.14 1.50 Oversold Stop out at 1.14
  • HARBOUR (2062/0.96) Buy:9/8/2012 Sell:15/8/2012 0.93 1.10 Upmove Stop out at 0.93
  • KFM (8303/0.465) Buy:9/8/2012 0.44 0.53,0.56 Consolidation breakout
  • BORNOIL (7036/0.51) Buy:9/8/2012 Sell:28/8/2012 0.46 0.60 Oversold Stop out at 0.44
  • WCT (9679/2.51) Buy:9/8/2012 2.42 2.95 Oversold
  • GENM (4715/3.30) Buy:10/8/2012 3.15 3.60,3.72 RSI Positive divergence
  • CSL (5214/1.02) Buy:10/8/2012 0.94 1.22 RSI Positive divergence
  • SEAL (4286/0.53) Buy:10/8/2012 0.51 0.57,0.61 Upmove
  • DIJACOR (5401/1.21) Buy:13/8/2012 Sell:24/8/2012 1.17 1.37 Upmove Stop out at 1.16
  • TWSCORP (4804/0.81) Buy:13/8/2012 Sell:16/8/2012 0.78 0.89 Upmove Stop out at 0.78
  • SYF (7082/0.51) Buy:13/8/2012 Sell:27/8/2012 0.47 0.63 Upmove Take profit at 0.61
  • P&O (6009/1.24) Buy:14/8/2012 1.15 1.30,1.40 Consolidation breakout
  • ALAM (5115/0.56) Buy:15/8/2012 0.53 0.59,0.63 Consolidation breakout
  • MEGB (5166/0.765) Buy:16/8/2012 0.745 0.80 Oversold
  • BINTAI (6998/0.39) Buy:16/8/2012 0.36 0.46,0.49 Oversold
  • KNM (7164/0.70) Buy:17/8/2012 0.66 0.79,0.87 Oversold
  • ADVENTA (7191/1.89) Buy:17/8/2012 Sell:24/8/2012 1.84 1.96,2.02 Oversold Stop out at 1.82
  • BSTEAD (2771/5.42) Buy:23/8/2012 5.30 6.00 Oversold
  • TDM (2054/3.88) Buy:23/8/2012 3.77 4.26 Oversold
  • SCOMI (7158/0.245) Buy:23/8/2012 Sell:27/8/2012 0.225 0.27,0.30 Oversold Take profit at 0.29
  • CENBOND (7171/1.09) Buy:24/8/2012 1.02 1.38 Upmove
  • DELEUM (5132/1.90) Buy:24/8/2012 1.84 2.10 Upmove
  • ILB (5614/0.94) Buy:24/8/2012 0.90 1.05 Upmove
  • MAS (3786/1.08) Buy:27/8/2012 1.00 1.30 Oversold
  • TAKASO (7071/0.20) Buy:27/8/2012 0.18 0.25 Upmove
  • SCOMIMR (7045/0.32) Buy:28/8/2012 0.305 0.38 Oversold
  • JOHOTIN (7167/1.82) Buy:28/8/2012 1.77 1.95 Oversold
  • LCHEONG (7943/0.19) Buy:29/8/2012 0.17 0.32 Consolidation breakout
  • PWROOT (7237/1.08) Buy:29/8/2012 0.98 1.22 Consolidation breakout
  • NAGAMAS (8923/0.41) Buy:29/8/2012 0.39 0.55 Consolidation breakout
  • JADI (7223/0.13) Buy:29/8/2012 0.11 0.17 Oversold

Source:Jupiter Securities Research 29 August 2012

Morning Coffee - 29 Aug 2012

MARKET ROUNDUP (Source Bloomberg)

U.S. Stocks Fall As Confidence Drops Before Fed Speech: The S&P 500 fell 0.1 percent to 1,409.30 at 4 p.m. New York time. The Dow Jones Industrial Average dropped 21.68 points, or 0.2 percent, to 13,102.99. Volume for exchange-listed stocks in the U.S. was 4.6 billion shares, or 26 percent below the threemonth
average, according to data compiled by Bloomberg.

European Stocks Decline As Catalonia Seeks Aid; as the Spanish region of Catalonia asked for a bailout from the central government and Japan lowered an assessment of its economy. The U.K.’s FTSE 100 Index decreased less than 0.1 percent, whileFrance’s CAC 40 Index slid 0.9 percent. Germany’s DAX Index dropped 0.6 percent.

Oil Trades Near One-Week High As Hurricane Isaac Disrupts Output: Oil for October delivery was at $96.15 a barrel, down 18 cents, in electronic trading on the New York Mercantile Exchange at 9:58 a.m. Sydney time. The contract yesterday climbed 86 cents to $96.33, the highest close since Aug. 22. Prices are 2.7 percent lower this year.


CORPORATE NEWS

AirAsia's 2nd quarter revenue rises 9pc to RM1.18b: the budget carrier now recognised profit from its affiliates Thai AirAsia of RM11.9 million and Asian Aviation Centre of Excellence of RM2.2 million.

IHH Healthcare posts healthy Q2: the biggest healthcare services provider in Asia, saw its second quarter net profit jump by fivefold mainly due to a one-off gain.

Btimes

Wah Seong completes buy: has completed the acquisition of 57.7 million shares in Petra Energy Bhd at RM1.68 per share. Stock market data showed the shares, representing a 26.9% stake, were transacted in several off-market deals yesterday. At RM1.68, this was 23 sen below Monday’s closing price of RM1.91.

Bonia gets take-over offer: from Freeway Team Sdn Bhd, Chiang Sang Sem and Chiang Fong Yee (the joint offerors) to buy the 49.83% stake in the company which is not already owned by the joint offerors and the persons acting in concert (PACs) with them for RM2.04 per share.

StarbIz


Source:Jupiter Securities Research 29 August 2012

Stock Overview - LCHEONG - 29 Aug 2012

LCHEONG ( 7943 : 0.19 ) : Targeting 0.32/Stop loss 0.17

Description


Resistance : 0.32
Support : 0.17

RSI of 70
RSI is overbought

STOCHASTIC
It is riding on an upswing

Comment
Following the consolidation breakout, it is heading for 0.32

Trading Strategy
Buy. Stop loss is at 0.17

Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact

Source:Jupiter Securities Research 29 August 2012

Stock Overview - NAGAMAS - 29 Aug 2012

NAGAMAS ( 8923 : 0.41 ) : Targeting 0.55/Stop loss 0.39

Description

Resistance : 0.55
Support : 0.39

RSI of 60
RSI is on the rise

STOCHASTIC
It is riding on an upswing

Comment
Following the consolidation breakout, it is heading for 0.55. A tight stop loss should be placed at 0.39

Trading Strategy
Buy. Stop loss is at 0.39

Source:Jupiter Securities Research 29 August 2012

Stock Overview - JADI - 29 Aug 2012

JADI ( 7223 : 0.13 ) : Targeting 0.17/Stop loss 0.11

Description

Resistance : 0.17
Support : 0.11

RSI of 46
RSI is recovering

STOCHASTIC
It is oversold

Comment
As it is oversold, it is due for a technical rebound

Trading Strategy
Buy. Stop loss is at 0.11

Source:Jupiter Securities Research 29 August 2012

Stock Overview - PWROOT - 29 Aug 2012

PWROOT ( 7237 : 1.02 ) : Targeting 1.22/Stop loss 0.98

Description

Resistance : 1.22
Support : 0.98

RSI of 84
RSI is overbought

STOCHASTIC
It is riding on an upswing

Comment
Following the consolidation breakout, it is heading for 1.22. A tight stop loss should be placed at 0.98

Trading Strategy
Buy. Stop loss is at 0.98

Source:Jupiter Securities Research 29 August 2012

Daily Summary - 29 Aug 2012

YOUR MORNING COFFEE – Wednesday 29/8/2012

SUMMARY

  • Wall St closed 0.2% lower, ahead of Bernanke’s speech Friday, for hint of quantitative easing, to fuel growth. Housing improved on the S&P/Case-Shiller home price index, up 6.9% in the 2Q. Consumer confidence index dipped to 60.6 in August.
  • Dow of 13,102, may stage a technical rebound following the past 3 days of drop. Resistance is at 13,338. RSI of 52, is recovering.
  • DOLLAR INDEX is lower at 81.4. Downside is at 81.0.
  • Crude oil is higher at USD96.3. Resistance is at 100.0.
  • Dollar yen is lower at 78.6 yen. Support is at 77.4.
  • Euro/dollar is higher at 1.256. Upside is at 1.262.
  • Gold is higher at USD1666. Upside is at 1740.
  • Shanghai closed higher at 2,073.
  • Singapore STI closed lower at 3,042.
  • Ringgit is weaker at 3.117. Downside is at 3.210.
  • S’pore ringgit is higher at 2.488. Upside is at 2.540.
  • Malaysian market closed lower at 1647. On the Daily chart, it is targeting 1710 over a longer term. Near term pullback support is at 1644. RSI of 61, is down. Today’s range is between 1644 and 1652.
  • CPO Oct futures is lower at RM3011. Resistance is at 3066.
  • Trading : LCHEONG ( 7943 : 0.19 ) : Targeting 0.32/Stop loss 0.17, PWROOT ( 7237 : 1.08 ) : Targeting 1.22/Stop loss 0.98, NAGAMAS ( 8923 : 0.41 ) : Targeting 0.55/Stop loss 0.39, JADI ( 7223 : 0.13 ) : Targeting 0.17/Stop loss 0.11

Source:Jupiter Securities Research 29 August 2012

Tuesday 28 August 2012

Technical stock picks table - 28 Aug 2012

Tuesday, 28 Aug 2012

Stock code / Price Action : Date Stop loss Target Comment
  • TRC (5054/0.735) Buy: 10/5/2012 Sell:15/5/2012 0.70 0.78,0.81 Consolidation breakout Stop out at 0.70
  • PERISAI (0047/0.90) Buy: 10/5/2012 Sell:16/5/2012 0.87 1.04,1.12 Consolidation breakout Stop out at 0.87
  • CIMB (1023/7.64) Buy: 10/5/2012 Sell:14/5/2012 7.54 8.16,8.28 Uptrend, oversold Stop out at 7.54
  • MUHIBAH (5703/1.30) Buy: 10/5/2012 Sell:16/5/2012 1.22 1.45,1.50 Technical rebound, oversold Stop out at 1.22
  • MPHB (3859/2.95) Buy: 11/5/2012 Sell:16/5/2012 2.80 3.20,3.49 Bullish Pennant or Flag Stop out at 2.80
  • JAKS (4723/0.565) Buy: 11/5/2012 Sell:15/5/2012 0.54 0.66,0.73 Technical rebound, oversold Stop out at 0.54
  • AIRASIA (5099/3.65) Buy: 11/5/2012 Sell:15/5/2012 3.50 4.04 Bullish Pennant or Flag Stop out at 3.50
  • MUDAJYA (5085/2.75) Buy: 11/5/2012 Sell:14/5/2012 2.63 2.90,2.98 Technical rebound, oversold Stop out at 2.63
  • TM (4863/5.43) Buy: 14/5/2012 Sell:18/5/2012 5.33 5.80 Uptrend Stop out at 5.33
  • MEGB (5166/1.05) Buy: 14/5/2012 Sell:17/5/2012 1.00 1.18 Technical rebound, oversold Stop out at 1.00
  • LFECORP (7170/0.145) Buy: 14/5/2012 Sell:16/5/2012 0.125 0.21 Consolidation breakout Stop out at 0.125
  • DIALOG (7277/2.24) Buy: 14/5/2012 Sell:8/6/2012 2.16 2.52 Technical rebound, oversold Take profit at 2.39
  • CANONE (5105/2.10) Buy: 15/5/2012 Sell:20/6/2012 2.00 2.42 Uptrend Take profit at 2.34
  • DAYA (0091/0.21) Buy: 15/5/2012 0.18 0.28 Technical rebound, oversold
  • BJCORP (3395/0.765) Buy below 0.75:15/5/2012 Sell:2/8/2012 0.72 0.82 Due for a technical rebound Stop out at 0.72
  • WINGTM (2976/1.70) Buy: 16/5/2012 Sell:22/5/2012 1.62 1.94,2.06 Uptrend Take profit at 2.00
  • GAMUDA (5398/3.56) Buy: 16/5/2012 Sell:16/5/2012 3.46 3.90 Technical rebound, oversold Stop out at 3.46
  • MITRA (9571/0.55) Buy: 17/5/2012 Sell:9/7/2012 0.54 0.61 Double Bottom Take profit at 0.61
  • KINSTEL (5060/0.43) Buy: 17/5/2012 0.40 0.50 Double Bottom
  • MBSB (1171/2.10) Buy below 2.00:17/5/2012 Sell: 4/6/2012 1.83 2.38 Small downside Take profit at 2.22
  • GENM (4715/3.58) Buy: 18/5/2012 Sell:30/5/2012 3.50 3.93-3.97 Technical rebound, oversold Take profit at 3.83
  • MRCB (1651/1.58) Buy: 18/5/2012 Sell:20/6/2012 1.46 1.82-1.90 Technical rebound, oversold Take profit at 1.82
  • BIMB (5258/2.42) Buy: 18/5/2012 Sell:29/5/2012 2.27 2.58 Technical rebound,oversold Take profit at 2.60
  • MISC (3816/4.23) Buy: 21/5/2012 Sell: 4/6/2012 4.00 4.60 Correction ended at 3.92 Stop out at 4.00
  • MFLOUR (3662/1.45) Buy: 22/5/2012 1.32 5/6/2012:Stop loss raised to 1.45 1.70,1.82 Technical rebound, oversold
  • PERWAJA(5146/0.575) Buy: 22/5/2012 Sell:26/6/2012 0.52 0.69 Technical rebound, oversold Take profit at 0.68
  • PERDANA (7108/0.50) Buy: 22/5/2012 Sell:14/6/2012 0.47 0.58,0.64 Technical rebound, oversold Take profit at 0.59
  • CRESBLD (8591/1.08) Buy: 23/5/2012 Sell:25/5/2012 1.04 1.30 Uprun Stop out at 1.04
  • BSTEAD (2771/4.98) Buy: 23/5/2012 Sell:19/6/2012 4.86 5.44,5.54 Technical rebound, oversold Take profit at 5.44
  • TA (4898/0.54) Buy: 24/5/2012 0.51 0.62,0.72 RSI positive divergence
  • UNISEM (5005/1.28) Buy: 24/5/2012 Sell:2/7/2012 1.22 1.44,1.49 Technical rebound, oversold Take profit at 1.44
  • YTLLAND (2577/0.975) Buy below 0.96:24/5/2012 Sell:30/7/2012 0.93 1.12 Technical rebound, oversold Take profit at 1.12
  • KNM (7164/0.76) Buy: 24/5/2012 Sell: 4/6/2012 0.72 0.84,0.88 Technical rebound, oversold Stop out at 0.72
  • CBIP (7076/2.54) Buy: 25/5/2012 Sell: 4/6/2012 2.44 2.80 Technical rebound, oversold Stop out at 2.44
  • KPSCB (9121/0.39) Buy: 25/5/2012 0.37 0.48 Technical rebound, oversold
  • BRAHIMS (9474/1.20) Buy: 25/5/2012 Sell:11/6/2012 1.14 1.40 Technical rebound, oversold Stop out at 1.13
  • DIGI (6947/3.95) Buy: 29/5/2012 Sell:20/6/2012 3.89 4.20 Technical rebound, oversold Take profit at 4.20
  • PERMAJU (7080/0.84) Buy: 29/5/2012 Sell:31/5/2012 0.80 1.02 Double bottom Stop out at 0.80
  • LEESK (8079/0.145) Buy: 30/5/2012 0.125 0.19 Technical rebound, oversold
  • SBCCORP (5207/0.93) Buy: 30/5/2012 Sell:19/7/2012 0.86 1.00 Technical rebound, oversold Take profit at 1.06
  • E&O (3417/1.43) Buy: 30/5/2012 Sell:11/7/2012 1.38 1.53 Technical rebound, oversold Take profit at 1.56
  • MAS (3786/1.17) Buy: 31/5/2012 Sell:27/7/2012 1.08 1.30,1.40 Technical rebound, oversold Stop out at 1.08
  • PUNCAK (6807/1.33) Buy: 31/5/2012 1.26 1.57 Consolidation breakout
  • YINSON (7293/2.00) Buy: 1/6/2012 Sell:11/6/2012 1.90 2.20 Uptrend Take profit at 2.14
  • L&G (3174/0.34) Buy: 1/6/2012 Sell:19/6/2012 0.31 0.39,0.44 Trend breakout Take profit at 0.39
  • COASTAL (5071/1.76) Buy: 1/6/2012 Sell:11/6/2012 1.62 2.00 Technical rebound, oversold Take profit at 1.91
  • TM (4863/5.39) Buy: 1/6/2012 Sell:22/6/2012 5.30 5.70 Uptrend Take profit at 5.80
  • TAGB (5158/0.275) Buy: 4/6/2012 0.26 0.34 Double bottom
  • BURSA (1818/6.05) Buy: 4/6/2012 Sell:10/7/2012 5.85 6.40,6.60 Technical rebound, oversold Take profit at 6.35
  • BINTAI (6998/0.375) Buy: 4/6/2012 Sell:11/6/2012 0.34 0.46 Breakout Take profit at 0.42
  • SMI (4375/0.21) Buy below 0.20:5/6/201 0.185 0.25 Correction completed
  • KLCCP (5089/3.95) Buy: 5/6/2012 Sell:28/6/2012 3.84 4.22,4.34 Consolidation breakout Take profit at 4.34
  • MPHB (3859/3.24) Buy: 6/6/2012 Sell:18/6/2012 3.10 14/6/2012:Stop loss raised to
  • 3.38 3.50,3.64 Uptrend Take profit at 3.38
  • TDM (2054/3.78) Buy: 6/6/2012 Sell:15/6/2012 3.69 4.20 Technical rebound, oversold Take profit at 4.55
  • LITRAK (6645/4.10) Buy: 6/6/2012 3.92 4.48 Uptrend
  • MAYBANK (1155/8.70) Buy: 7/6/2012 Sell:18/7/2012 8.50 9.20 Oversold Take profit at 8.77
  • UMW (4588/8.08) Buy: 7/6/2012 Sell:14/6/2012 7.90 14/6/2012:Stop loss raised to 8.22 8.40,8.60 Uptrend Take profit at 8.44
  • BJTOTO (1562/4.31) Buy: 7/6/2012 4.20 4.70 Oversold
  • UEMLAND (5148/1.96) Buy: 8/6/2012 Sell:6/7/2012 1.90 2.15,2.19 Oversold Take profit at 2.15
  • FITTERS (9318/0.72) Buy: 8/6/2012 Sell:19/7/2012 0.69 0.85 Double bottom
  • Take profit at 0.83
  • AIRASIA (5099/3.65) Buy: 11/6/2012 Sell:6/7/2012 3.52 3.82,3.94 Rebound Take profit at 3.82
  • SKPRES (7155/0.35) Buy: 11/6/2012 0.33 0.43 Consolidation breakout
  • CENSOF (5195/0.37) Buy: 12/6/2012 Sell:18/6/2012 0.35 0.41 Oversold Take profit at 0.41
  • FAVCO (7229/1.43) Buy: 13/6/2012 Sell:25/6/2012 1.35 1.60 Oversold Take profit at 1.62
  • FAJAR (7047/1.08) Buy: 13/6/2012 Sell:14/6/2012 1.04 1.22 Technical rebound
  • Stop out at 1.04
  • MUHIBAH (5703/1.21) Buy:14/6/2012 1.18 28/6/2012:Stop loss lowered to 0.94 1.34 Double bottom
  • ENG (8826/1.95) Buy:14/6/2012 Sell:15/8/2012 1.91 2.20 Breakout Take profit at 1.99
  • TRC (5054/0.67) Buy around 0.65:15/6/2012 0.62 0.74 Double Bottom
  • SUPERMX (7106/1.96) Buy:18/6/2012 Sell:10/7/2012 1.88 2.15 Positive technicals Take profit at 2.18
  • OLDTOWN(5201/1.59) Buy:18/6/2012 Sell:19/6/2012 1.51 1.74 Positive technicals Take profit at 1.74
  • THPLANT (5112/2.29) Buy:19/6/2012 Sell:10/7/2012 2.18 2.54 Oversold Take profit at 2.60
  • MALTON (6181/0.57) Buy:19/6/2012 Sell:28/6/2012 0.55 0.65 Technical rebound Stop out at 0.55
  • AZRB (7078/0.775) Buy:21/6/2012 0.74 0.90,0.96 Technical rebound
  • PARAMON (1724/1.78) Buy:22/6/2012 Sell:18/7/2012 1.70 1.90,2.00 Consolidation breakout Stop out at 1.69
  • MAYBULK (5077/1.58) Buy below 1.55:22/6/2012 Sell:24/8/2012 1.52 Stop raised
  • to 1.55 1.76,1.84 Oversold Take profit at 1.55
  • GKENT (3204/1.04) Buy:25/6/2012 0.94 1.22 Double bottom
  • HWGB (9601/0.415) Buy:25/6/2012 Sell:26/6/2012 0.40 0.45,0.49 Consolidation breakout Take profit at 0.45
  • UMLAND (4561/2.25) Buy:26/6/2012 Sell:9/7/2012 2.18 2.40,2.49 Uprun Take profit at 2.40
  • PARKSON (5657/4.59) Buy below 4.50:29/6/2012 Sell:13/8/2012 4.36 4.90 Oversold Take profit at 4.82
  • MULPHA (3905/0.41) Buy: 2/7/2012 0.40 0.47 Oversold
  • HAPSENG (3034/1.79) Buy:2/7/2012 Sell:2/8/2012 1.72 1.87,2.00 Oversold Stop out at 1.70
  • KEURO (3565/1.05) Buy:3/7/2012 Sell:6/8/2012 1.00 1.16 Oversold Take profit at 1.14
  • DELEUM (5132/1.76) Buy:3/7/2012 Sell:13/7/2012 1.69 1.97 Oversold Take profit at 1.93
  • PERISAI (0047/0.87) Buy:3/7/2012 Sell:14/8/2012 0.85 0.96 Oversold Take profit at 0.95
  • ALAM (5115/0.55) Buy:4/7/2012 Sell:13/7/2012 0.52 0.65 Oversold Stop out at 0.52
  • PADINI (7052/1.86) Buy:4/7/2012 Sell:1/8/2012 1.82 2.09 Oversold Take profit at 2.12
  • HARVEST (9342/0.46) Buy:4/7/2012 Sell:12/7/2012 0.42 0.64 Oversold Take profit at 0.64
  • RSAWIT (5113/1.07) Buy:5/7/2012 Sell:11/7/2012 1.03 1.16 Consolidation breakout
  • Take profit at 1.16
  • SHCHAN (4316/1.20) Buy:5/7/2012 Sell:13/7/2012 1.17 1.28,1.34 Consolidation breakout Stop out at 1.17
  • ULICORP (7133/0.77) Buy:5/7/2012 0.75 0.85 Uprun
  • ADVENTA (7191/1.60) Buy:6/7/2012 Sell:11/7/2012 1.54 1.70,1.80 Uprun Take profit at 1.86
  • MKH (6114/2.38) Buy:6/7/2012 Sell:9/7/2012 2.26 2.52,2.86 Uprun Take profit at 2.60
  • HSL (6238/1.65) Buy:6/7/2012 Sell:8/8/2012 1.60 1.82 Uprun Stop out at 1.58
  • GADANG (9261:0.59) Buy:9/7/2012 0.57 0.68 Uprun
  • MMCCORP (2194/2.61) Buy:9/7/2012 Sell:18/7/2012 2.55 2.80 Oversold Stop out at 2.55
  • KSK (5097/0.68) Buy:11/7/2012 0.64 0.88 Uprun
  • HIBISCS (5199/1.56) Buy:12/7/2012 Sell:13/8/2012 1.50 1.80 Consolidation breakout Take profit at 1.81
  • NYLEX (4944/0.59) Buy:13/7/2012 0.53 0.70,0.74 Upmove
  • KHEESAN (6203/0.42) Buy:13/7/2012 0.38 0.53 Upmove
  • SKPETRO (5218/2.21) Buy:13/7/2012 Sell:19/7/2012 2.18 2.40 Oversold Take profit at 2.44
  • MBFHLDG (1236/1.04) Buy:16/7/2012 Sell:7/8/2012 1.00 1.16,1.28 Upmove Take profit at 1.14
  • WEIDA (7111/1.26) Buy:16/7/2012 Sell:17/7/2012 1.20 1.44 Upmove Take profit at 1.44
  • KHSB (6246/0.48) Buy below 0.47:16/7/2012 0.44 0.58 Technical rebound
  • AFFIN (5185/3.60) Buy:18/7/2012 Sell:15/8/2012 3.53 3.90,4.29 Consolidation breakout Stop out at 3.53
  • PRESBHD (5204/1.35) Buy:18/7/2012 Sell:20/7/2012 1.30 1.50 Consolidation breakout Stop out at 1.30
  • WCT (9679/2.55) Buy:18/7/2012 Sell:24/7/2012 2.50 2.74,2.95 Consolidation breakout Stop out at 2.50
  • MBMR (5983/4.00) Buy:19/7/2012 Sell:27/7/2012 3.88 4.30 Upmove Stop out at 3.84
  • L&G (3174/0.42) Buy:19/7/2012 Sell:3/8/2012 0.40 0.49,0.54 Upmove Take profit at 0.49
  • CIMB (1023/7.88) Buy:19/7/2012 7.70 8.20,8.40 Upmove
  • BGYEAR (7023/0.46) Buy:20/7/2012 Sell:25/7/2012 0.40 0.54,0.62 Technical rebound Take profit at 0.59
  • NOTION (0083/1.26) Buy:23/7/2012 Sell:22/8/2012 1.22 1.37,1.39 Upmove Stop out at 1.21
  • MKLAND (8893/0.34) Buy:23/7/2012 Sell:26/7/2012 0.31 0.39,0.42 Upmove Take profit at 0.39
  • TENAGA (5347/6.82) Buy:23/7/2012 6.64 7.18,7.60 Consolidation breakout
  • GTRONIC (7022/1.38) Buy:25/7/2012 Sell:14/8/2012 1.23 1.63 Upmove Take profit at 1.63
  • INGRESS (7112/1.43) Buy:25/7/2012 1.26 1.70 Upmove
  • OLDTOWN (5201/1.76) Buy below 1.70:26/7/2012 Sell:30/7/2012 1.59 2.05 Oversold Take profit at 2.05
  • FABER (1368/1.47) Buy below 1.45:27/7/2012 Sell:2/8/2012 1.39 1.65,1.77 Oversold Stop out at 1.39
  • MRCB (1651/1.75) Buy:30/7/2012 Sell:24/8/2012 1.66 1.90,2.00 Oversold Stop out at 1.66
  • IJM (3336/5.18) Buy:30/7/2012 5.07 5.50,5.70 Oversold
  • KIANJOO (3522/2.60) Buy:31/7/2012 2.50 2.90 Upmove
  • BRDB (1473/2.53) Buy:31/7/2012 Sell:31/7/2012 2.48 2.74 Upmove Take profit at 2.74
  • LANDMRK (1643:1.00) Buy below 0.99:1/8/2012 0.96 1.10,1.13 Upmove
  • MYEG (0138/0.70) Buy:1/8/2012 Sell:3/8/2012 0.65 0.74,0.80 Upmove Take profit at 0.74
  • JOHOTIN (7167/1.62) Buy:1/8/2012 Sell:3/8/2012 1.50 1.84 Upmove Take profit at 1.81
  • NAIM (5073/1.84) Buy:2/8/2012 1.79 2.14 Consolidation breakout
  • JOHAN (3441/0.21) Buy:2/8/2012 0.19 0.29 Consolidation breakout
  • UOADEV (5200/1.69) Buy:3/8/2012 Sell:14/8/2012 1.64 1.88,2.00 Upmove Take profit at 1.79
  • KFIMA (6491/2.42) Buy:3/8/2012 Sell:14/8/2012 2.34 2.60,2.70 Consolidation breakout Stop out at 2.32
  • MNRB (6459/3.05) Buy:3/8/2012 Sell:24/8/2012 2.94 3.27 Upmove Stop out at 2.94
  • TM (4863/5.74) Buy:6/8/2012 Sell:23/8/2012 5.60 6.00,6.20 Oversold Take profit at 6.00
  • MBL (5152/1.18) Buy:7/8/2012 Sell:24/8/2012 1.12 1.40 Upmove Take profit at 1.28
  • FAVCO (7229/1.62) Buy:7/8/2012 Sell:7/8/2012 1.52 1.82 Upmove Take profit at 1.80
  • MEDIA (4502/2.42) Buy:8/8/2012 2.33 2.62 Upmove
  • UNISEM (5005/1.25) Buy:8/8/2012 Sell:14/8/2012 1.14 1.50 Oversold Stop out at 1.14
  • HARBOUR (2062/0.96) Buy:9/8/2012 Sell:15/8/2012 0.93 1.10 Upmove Stop out at 0.93
  • KFM (8303/0.465) Buy:9/8/2012 0.44 0.53,0.56 Consolidation breakout
  • BORNOIL (7036/0.51) Buy:9/8/2012 0.46 0.60 Oversold
  • WCT (9679/2.51) Buy:9/8/2012 2.42 2.95 Oversold
  • GENM (4715/3.30) Buy:10/8/2012 3.15 3.60,3.72 RSI Positive divergence
  • CSL (5214/1.02) Buy:10/8/2012 0.94 1.22 RSI Positive divergence
  • SEAL (4286/0.53) Buy:10/8/2012 0.51 0.57,0.61 Upmove
  • DIJACOR (5401/1.21) Buy:13/8/2012 Sell:24/8/2012 1.17 1.37 Upmove Stop out at 1.16
  • TWSCORP (4804/0.81) Buy:13/8/2012 Sell:16/8/2012 0.78 0.89 Upmove Stop out at 0.78
  • SYF (7082/0.51) Buy:13/8/2012 Sell:27/8/2012 0.47 0.63 Upmove Take profit at 0.61
  • P&O (6009/1.24) Buy:14/8/2012 1.15 1.30,1.40 Consolidation breakout
  • ALAM (5115/0.56) Buy:15/8/2012 0.53 0.59,0.63 Consolidation breakout
  • MEGB (5166/0.765) Buy:16/8/2012 0.745 0.80 Oversold
  • BINTAI (6998/0.39) Buy:16/8/2012 0.36 0.46,0.49 Oversold
  • KNM (7164/0.70) Buy:17/8/2012 0.66 0.79,0.87 Oversold
  • ADVENTA (7191/1.89) Buy:17/8/2012 Sell:24/8/2012 1.84 1.96,2.02 Oversold Stop out at 1.82
  • BSTEAD (2771/5.42) Buy:23/8/2012 5.30 6.00 Oversold
  • TDM (2054/3.88) Buy:23/8/2012 3.77 4.26 Oversold
  • SCOMI (7158/0.245) Buy:23/8/2012 Sell:27/8/2012 0.225 0.27,0.30 Oversold Take profit at 0.29
  • CENBOND (7171/1.09) Buy:24/8/2012 1.02 1.38 Upmove
  • DELEUM (5132/1.90) Buy:24/8/2012 1.84 2.10 Upmove
  • ILB (5614/0.94) Buy:24/8/2012 0.90 1.05 Upmove
  • MAS (3786/1.08) Buy:27/8/2012 1.00 1.30 Oversold
  • TAKASO (7071/0.20) Buy:27/8/2012 0.18 0.25 Upmove
  • SCOMIMR (7045/0.32) Buy:28/8/2012 0.305 0.38 Oversold
  • JOHOTIN (7167/1.82) Buy:28/8/2012 1.77 1.95 Oversold
Source:Jupiter Securities Research 28 August 2012

Morning Coffee - 28 Aug 2012

MARKET ROUNDUP (Source Bloomberg)

U.S. Stocks Fall As Investors Await Fed Stimulus Signals: following the first weekly decline in about two months for the Standard & Poor’s 500 Index. The S&P 500 slid 0.1 percent to 1,410.44 at 4 p.m. New York time. The Dow Jones Industrial Average fell 33.30 points, or 0.3 percent, to 13,124.67. The Nasdaq-100 Index gained 0.2 percent to 2,782.55, after rising to the highest since 2000 during the day. Volume for exchangelisted stocks in the U.S. was 4.5 billion shares, the lowest level since at least 2008 excluding days surrounding holidays, data compiled by Bloomberg show.


European Stocks Climb Amid Debt-Crisis Talks: as Germany’s Finance Minister Wolfgang Schaeuble said the continent’s two largest economies will create a working group to strengthen the euro area’s fiscal and monetary union. France’s
CAC 40 rose 0.9 percent and Germany’s DAX Index climbed 1.1 percent after a report showed business confidence fell less than some economists forecast. U.K. market was closed for a public holiday.

Oil Trades Near Two-Week Low On Forecasts Isaac Impact Limited: on speculation Tropical Storm Isaac’s impact on production in the Gulf of Mexico will be limited. Oil for October delivery was at $95.60 a barrel, up 13 cents, in electronic trading on the New York Mercantile Exchange at 9:25 a.m. Sydney time. The contract yesterday fell 68 cents, or 0.7 percent, to $95.47, the lowest close since Aug. 15. Prices are down 3.3 percent this year.

CORPORATE NEWS

Oldtown explains flat Q2 earnings: the lacklustre result was due to a comparison of a one-off gain of RM5.1 million from the disposal of investment in associate companies a year ago. If not for that extraordinary gain in the second quarter earnings ended June 2011, Oldtown explained, profit for the second quarter ended June 2012 would have seen a 58 per cent jump.

DRB-HICOM Q1 revenue soars 119pc to RM3.46b: However, the group's pre-tax profit dropped to RM97.9 million from RM146.3 million a year ago. This is due to the higher finance cost following the acquisition of Proton as well as the losses
incurred by Proton's wholly-owned subsidiary, Lotus.

Btimes


IOI Q4 earnings dip on lower profit from plantation segment: the 26.68% decline in the fourth quarter earnings from RM547.82mil a year ago was attributed to lower profit from the plantation and resource-based manufacturing segments.

United Plantations Q2 net profit down: The decrease in the group’s profit was largely due to lower production of crude palm oil (CPO) and palm kernels (PK), higher production costs and lower selling prices of these two product.

StarbIz


Source:Jupiter Securities Research 28 August 2012

Stock Overview - SYF - 28 Aug 2012

SYF ( 7082 : 0.61 ) : Take profit

Description

Resistance : 0.63
Support : 0.58

RSI of 77
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the buy call of 13/8/2012 at 0.51, we are recommending to take profit as it is approaching overbought.

Trading Strategy
Take profit

Source:Jupiter Securities Research 28 August 2012

Stock Overview - JOHOTIN - 28 Aug 2012

JOHOTIN ( 7167 : 1.82 ) : Targeting 1.95/Stop loss 1.77

Description

Resistance : 1.95
Support : 1.77

RSI of 67
RSI is on the rise

STOCHASTIC
It is recovering

Comment
The current recovery, is heading for 1.95

Trading Strategy
Buy. Stop loss is at 1.77

Source:Jupiter Securities Research 28 August 2012

Stock Overview - SCOMIMR - 28 Aug 2012

SCOMIMR ( 7045 : 0.32 ) : Targeting 0.38/Stop loss 0.305

Description

Resistance : 0.38
Support : 0.305

RSI of 57
RSI is on the rise

STOCHASTIC
It is recovering
Comment
The current recovery, is heading for 0.38

Trading Strategy
Buy. Stop loss is at 0.305

Source:Jupiter Securities Research 28 August 2012

Stock Overview - SCOMI - 28 Aug 2012

SCOMI ( 7158 : 0.29 ) : Take profit

Description

Resistance : 0.31
Support : 0.26

RSI of 75
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the buy call of 23/8/2012 at 0.245, we are recommending to take profit as it is approaching overbought.

Trading Strategy
Take profit

Source:Jupiter Securities Research 28 August 2012

Monday 27 August 2012

Daily Summary - 28 Aug 2012

YOUR MORNING COFFEE – Tuesday 28/8/2012

SUMMARY

  • Wall St closed 0.25% lower, on hope of quantitative easing, to fuel
  • growth.
  • Dow of 13,124, may stage a technical rebound following the past 3 days of drop. Resistance is at 13,338. RSI of 53, is recovering.
  • DOLLAR INDEX is higher at 81.6. Downside is at 81.0.
  • Crude oil is lower at USD95.5. Resistance is at 100.0.
  • Dollar yen is higher at 78.7 yen. Support is at 77.4.
  • Euro/dollar is lower at 1.250. Upside is at 1.262.
  • Gold is lower at USD1664. Upside is at 1740.
  • Shanghai closed lower at 2,055.
  • Singapore STI closed lower at 3,044.
  • Ringgit is weaker at 3.115. Downside is at 3.210.
  • S’pore ringgit is higher at 2.487. Upside is at 2.540.
  • Malaysian market closed lower at 1648. On the Daily chart, it is targeting 1710 over a longer term. Near term pullback support is at 1644. RSI of 61, is down. Today’s range is between 1647 and 1652.
  • CPO Oct futures is higher at RM3086. Resistance is at 3066.
  • Trading : SYF ( 7082 : 0.61 ) : Take profit, SCOMI ( 7158 : 0.29 ) : Take profit
  • SCOMIMR ( 7045 : 0.32 ) : Targeting 0.38/Stop loss 0.305, JOHOTIN ( 7167 : 1.82 ) : Targeting 1.95/Stop loss 1.77
Source:Jupiter Securities Research 28 August 2012

Sunday 26 August 2012

Technical stock picks table - 27 Aug 2012

Monday, 27 Aug 2012

Stock code / Price Action : Date Stop loss Target Comment
  • TRC (5054/0.735) Buy: 10/5/2012 Sell:15/5/2012 0.70 0.78,0.81 Consolidation breakout Stop out at 0.70
  • PERISAI (0047/0.90) Buy: 10/5/2012 Sell:16/5/2012 0.87 1.04,1.12 Consolidation breakout Stop out at 0.87
  • CIMB (1023/7.64) Buy: 10/5/2012 Sell:14/5/2012 7.54 8.16,8.28 Uptrend, oversold Stop out at 7.54
  • MUHIBAH (5703/1.30) Buy: 10/5/2012 Sell:16/5/2012 1.22 1.45,1.50 Technical rebound, oversold Stop out at 1.22
  • MPHB (3859/2.95) Buy: 11/5/2012 Sell:16/5/2012 2.80 3.20,3.49 Bullish Pennant or Flag Stop out at 2.80
  • JAKS (4723/0.565) Buy: 11/5/2012 Sell:15/5/2012 0.54 0.66,0.73 Technical rebound, oversold Stop out at 0.54
  • AIRASIA (5099/3.65) Buy: 11/5/2012 Sell:15/5/2012 3.50 4.04 Bullish Pennant or Flag Stop out at 3.50
  • MUDAJYA (5085/2.75) Buy: 11/5/2012 Sell:14/5/2012 2.63 2.90,2.98 Technical rebound, oversold Stop out at 2.63
  • TM (4863/5.43) Buy: 14/5/2012 Sell:18/5/2012 5.33 5.80 Uptrend Stop out at 5.33
  • MEGB (5166/1.05) Buy: 14/5/2012 Sell:17/5/2012 1.00 1.18 Technical rebound, oversold Stop out at 1.00
  • LFECORP (7170/0.145) Buy: 14/5/2012 Sell:16/5/2012 0.125 0.21 Consolidation breakout Stop out at 0.125
  • DIALOG (7277/2.24) Buy: 14/5/2012 Sell:8/6/2012 2.16 2.52 Technical rebound, oversold Take profit at 2.39
  • CANONE (5105/2.10) Buy: 15/5/2012 Sell:20/6/2012 2.00 2.42 Uptrend Take profit at 2.34
  • DAYA (0091/0.21) Buy: 15/5/2012 0.18 0.28 Technical rebound, oversold
  • BJCORP (3395/0.765) Buy below 0.75:15/5/2012 Sell:2/8/2012 0.72 0.82 Due for a technical rebound Stop out at 0.72
  • WINGTM (2976/1.70) Buy: 16/5/2012 Sell:22/5/2012 1.62 1.94,2.06 Uptrend Take profit at 2.00
  • GAMUDA (5398/3.56) Buy: 16/5/2012 Sell:16/5/2012 3.46 3.90 Technical rebound, oversold Stop out at 3.46
  • MITRA (9571/0.55) Buy: 17/5/2012 Sell:9/7/2012 0.54 0.61 Double Bottom Take profit at 0.61
  • KINSTEL (5060/0.43) Buy: 17/5/2012 0.40 0.50 Double Bottom
  • MBSB (1171/2.10) Buy below 2.00:17/5/2012 Sell: 4/6/2012 1.83 2.38 Small downside Take profit at 2.22
  • GENM (4715/3.58) Buy: 18/5/2012 Sell:30/5/2012 3.50 3.93-3.97 Technical rebound, oversold Take profit at 3.83
  • MRCB (1651/1.58) Buy: 18/5/2012 Sell:20/6/2012 1.46 1.82-1.90 Technical rebound, oversold Take profit at 1.82
  • BIMB (5258/2.42) Buy: 18/5/2012 Sell:29/5/2012 2.27 2.58 Technical rebound, oversold Take profit at 2.60
  • MISC (3816/4.23) Buy: 21/5/2012 Sell: 4/6/2012 4.00 4.60 Correction ended at 3.92 Stop out at 4.00
  • MFLOUR (3662/1.45) Buy: 22/5/2012 1.32 5/6/2012:Stop loss raised to 1.45 1.70,1.82 Technical rebound, oversold
  • PERWAJA(5146/0.575) Buy: 22/5/2012 Sell:26/6/2012 0.52 0.69 Technical rebound, oversold Take profit at 0.68
  • PERDANA (7108/0.50) Buy: 22/5/2012 Sell:14/6/2012 0.47 0.58,0.64 Technical rebound, oversold Take profit at 0.59
  • CRESBLD (8591/1.08) Buy: 23/5/2012 Sell:25/5/2012 1.04 1.30 Uprun Stop out at 1.04
  • BSTEAD (2771/4.98) Buy: 23/5/2012 Sell:19/6/2012 4.86 5.44,5.54 Technical rebound, oversold Take profit at 5.44
  • TA (4898/0.54) Buy: 24/5/2012 0.51 0.62,0.72 RSI positive divergence
  • UNISEM (5005/1.28) Buy: 24/5/2012 Sell:2/7/2012 1.22 1.44,1.49 Technical rebound, oversold Take profit at 1.44
  • YTLLAND (2577/0.975) Buy below 0.96:24/5/2012 Sell:30/7/2012 0.93 1.12 Technical rebound, oversold
  • Take profit at 1.12
  • KNM (7164/0.76) Buy: 24/5/2012 Sell: 4/6/2012 0.72 0.84,0.88 Technical rebound, oversold Stop out at 0.72
  • CBIP (7076/2.54) Buy: 25/5/2012 Sell: 4/6/2012 2.44 2.80 Technical rebound, oversold Stop out at 2.44
  • KPSCB (9121/0.39) Buy: 25/5/2012 0.37 0.48 Technical rebound, oversold
  • BRAHIMS (9474/1.20) Buy: 25/5/2012 Sell:11/6/2012 1.14 1.40 Technical rebound, oversold Stop out at 1.13
  • DIGI (6947/3.95) Buy: 29/5/2012 Sell:20/6/2012 3.89 4.20 Technical rebound, oversold Take profit at 4.20
  • PERMAJU (7080/0.84) Buy: 29/5/2012 Sell:31/5/2012 0.80 1.02 Double bottom Stop out at 0.80
  • LEESK (8079/0.145)
  • Buy: 30/5/2012 0.125 0.19 Technical rebound, oversold
  • SBCCORP (5207/0.93) Buy: 30/5/2012 Sell:19/7/2012 0.86 1.00 Technical rebound, oversold Take profit at 1.06
  • E&O (3417/1.43) Buy: 30/5/2012 Sell:11/7/2012 1.38 1.53 Technical rebound, oversold Take profit at 1.56
  • MAS (3786/1.17) Buy: 31/5/2012 Sell:27/7/2012 1.08 1.30,1.40 Technical rebound, oversold Stop out at 1.08
  • PUNCAK (6807/1.33) Buy: 31/5/2012 1.26 1.57 Consolidation breakout
  • YINSON (7293/2.00) Buy: 1/6/2012 Sell:11/6/2012 1.90 2.20 Uptrend Take profit at 2.14
  • L&G (3174/0.34) Buy: 1/6/2012 Sell:19/6/2012 0.31 0.39,0.44 Trend breakout
  • Take profit at 0.39
  • COASTAL (5071/1.76) Buy: 1/6/2012 Sell:11/6/2012 1.62 2.00 Technical rebound, oversold Take profit at 1.91
  • TM (4863/5.39) Buy: 1/6/2012 Sell:22/6/2012 5.30 5.70 Uptrend Take profit at 5.80
  • TAGB (5158/0.275) Buy: 4/6/2012 0.26 0.34 Double bottom
  • BURSA (1818/6.05) Buy: 4/6/2012 Sell:10/7/2012 5.85 6.40,6.60 Technical rebound, oversold Take profit at 6.35
  • BINTAI (6998/0.375) Buy: 4/6/2012 Sell:11/6/2012 0.34 0.46 Breakout Take profit at 0.42
  • SMI (4375/0.21) Buy below 0.20:5/6/2012 0.185 0.25 Correction completed
  • KLCCP (5089/3.95) Buy: 5/6/2012 Sell:28/6/2012 3.84 4.22,4.34 Consolidation breakout Take profit at 4.34
  • MPHB (3859/3.24) Buy: 6/6/2012 Sell:18/6/2012 3.10 14/6/2012:Stop loss raised to
  • 3.38 3.50,3.64 Uptrend Take profit at 3.38
  • TDM (2054/3.78) Buy: 6/6/2012 Sell:15/6/2012 3.69 4.20 Technical rebound, oversold Take profit at 4.55
  • LITRAK (6645/4.10) Buy: 6/6/2012 3.92 4.48 Uptrend
  • MAYBANK (1155/8.70) Buy: 7/6/2012 Sell:18/7/2012 8.50 9.20 Oversold Take profit at 8.77
  • UMW (4588/8.08) Buy: 7/6/2012 Sell:14/6/2012 7.90 14/6/2012:Stop loss raised to 8.22 8.40,8.60 Uptrend Take profit at 8.44
  • BJTOTO (1562/4.31) Buy: 7/6/2012 4.20 4.70 Oversold
  • UEMLAND (5148/1.96) Buy: 8/6/2012 Sell:6/7/2012 1.90 2.15,2.19 Oversold Take profit at 2.15
  • FITTERS (9318/0.72) Buy: 8/6/2012 Sell:19/7/2012 0.69 0.85 Double bottom Take profit at 0.83
  • AIRASIA (5099/3.65) Buy: 11/6/2012 Sell:6/7/2012 3.52 3.82,3.94 Rebound Take profit at 3.82
  • SKPRES (7155/0.35) Buy: 11/6/2012 0.33 0.43 Consolidation breakout
  • CENSOF (5195/0.37) Buy: 12/6/2012 Sell:18/6/2012 0.35 0.41 Oversold Take profit at 0.41
  • FAVCO (7229/1.43) Buy: 13/6/2012 Sell:25/6/2012 1.35 1.60 Oversold Take profit at 1.62
  • FAJAR (7047/1.08) Buy: 13/6/2012 Sell:14/6/2012 1.04 1.22 Technical rebound Stop out at 1.04
  • MUHIBAH (5703/1.21) Buy:14/6/2012 1.18 28/6/2012:Stop loss lowered to 0.94 1.34 Double bottom
  • ENG (8826/1.95) Buy:14/6/2012 Sell:15/8/2012 1.91 2.20 Breakout Take profit at 1.99
  • TRC (5054/0.67) Buy around 0.65:15/6/2012 0.62 0.74 Double Bottom
  • SUPERMX (7106/1.96) Buy:18/6/2012 Sell:10/7/2012 1.88 2.15 Positive technicals
  • Take profit at 2.18
  • OLDTOWN(5201/1.59) Buy:18/6/2012 Sell:19/6/2012 1.51 1.74 Positive technicals Take profit at 1.74
  • THPLANT (5112/2.29) Buy:19/6/2012 Sell:10/7/2012 2.18 2.54 Oversold Take profit at 2.60
  • MALTON (6181/0.57) Buy:19/6/2012 Sell:28/6/2012 0.55 0.65 Technical rebound Stop out at 0.55
  • AZRB (7078/0.775) Buy:21/6/2012 Sell:26/6/2012 0.74 0.90,0.96 Technical rebound
  • PARAMON (1724/1.78) Buy:22/6/2012 Sell:18/7/2012 1.70 1.90,2.00 Consolidation breakout Stop out at 1.69
  • MAYBULK (5077/1.58) Buy below 1.55:22/6/2012 Sell:24/8/2012 1.52 Stop raised
  • to 1.55 1.76,1.84 Oversold
  • Take profit at 1.55
  • GKENT (3204/1.04) Buy:25/6/2012 0.94 1.22 Double bottom
  • HWGB (9601/0.415) Buy:25/6/2012 Sell:26/6/2012 0.40 0.45,0.49 Consolidation breakout
  • Take profit at 0.45
  • UMLAND (4561/2.25) Buy:26/6/2012 Sell:9/7/2012 2.18 2.40,2.49 Uprun Take profit at 2.40
  • PARKSON (5657/4.59) Buy below 4.50:29/6/2012 Sell:13/8/2012 4.36 4.90 Oversold Take profit at 4.82
  • MULPHA (3905/0.41) Buy: 2/7/2012 0.40 0.47 Oversold
  • HAPSENG (3034/1.79) Buy:2/7/2012 Sell:2/8/2012 1.72 1.87,2.00 Oversold
  • Stop out at 1.70
  • KEURO (3565/1.05) Buy:3/7/2012 Sell:6/8/2012 1.00 1.16 Oversold Take profit at 1.14
  • DELEUM (5132/1.76) Buy:3/7/2012 Sell:13/7/2012 1.69 1.97 Oversold Take profit at 1.93
  • PERISAI (0047/0.87) Buy:3/7/2012 Sell:14/8/2012 0.85 0.96 Oversold Take profit at 0.95
  • ALAM (5115/0.55) Buy:4/7/2012 Sell:13/7/2012 0.52 0.65 Oversold Stop out at 0.52
  • PADINI (7052/1.86) Buy:4/7/2012 Sell:1/8/2012 1.82 2.09 Oversold Take profit at 2.12
  • HARVEST (9342/0.46) Buy:4/7/2012 Sell:12/7/2012 0.42 0.64 Oversold Take profit at 0.64
  • RSAWIT (5113/1.07) Buy:5/7/2012 Sell:11/7/2012 1.03 1.16 Consolidation breakout Take profit at 1.16
  • SHCHAN (4316/1.20) Buy:5/7/2012 Sell:13/7/2012 1.17 1.28,1.34 Consolidation breakout Stop out at 1.17
  • ULICORP (7133/0.77) Buy:5/7/2012 0.75 0.85 Uprun
  • ADVENTA (7191/1.60) Buy:6/7/2012 Sell:11/7/2012 1.54 1.70,1.80 Uprun Take profit at 1.86
  • MKH (6114/2.38) Buy:6/7/2012 Sell:9/7/2012 2.26 2.52,2.86 Uprun Take profit at 2.60
  • HSL (6238/1.65) Buy:6/7/2012 Sell:8/8/2012 1.60 1.82 Uprun Stop out at 1.58
  • GADANG (9261:0.59) Buy:9/7/2012 0.57 0.68 Uprun
  • MMCCORP (2194/2.61) Buy:9/7/2012 Sell:18/7/2012 2.55 2.80 Oversold Stop out at 2.55
  • KSK (5097/0.68) Buy:11/7/2012 0.64 0.88 Uprun
  • HIBISCS (5199/1.56) Buy:12/7/2012 Sell:13/8/2012 1.50 1.80 Consolidation breakout Take profit at 1.81
  • NYLEX (4944/0.59) Buy:13/7/2012 0.53 0.70,0.74 Upmove
  • KHEESAN (6203/0.42) Buy:13/7/2012 0.38 0.53 Upmove
  • SKPETRO (5218/2.21) Buy:13/7/2012 Sell:19/7/2012 2.18 2.40 Oversold Take profit at 2.44
  • MBFHLDG (1236/1.04) Buy:16/7/2012 Sell:7/8/2012 1.00 1.16,1.28 Upmove Take profit at 1.14
  • WEIDA (7111/1.26) Buy:16/7/2012 Sell:17/7/2012 1.20 1.44 Upmove Take profit at 1.44
  • KHSB (6246/0.48) Buy below 0.47:16/7/2012 0.44 0.58 Technical rebound
  • AFFIN (5185/3.60) Buy:18/7/2012 Sell:15/8/2012 3.53 3.90,4.29 Consolidation breakout Stop out at 3.53
  • PRESBHD (5204/1.35) Buy:18/7/2012 Sell:20/7/2012 1.30 1.50 Consolidation breakout Stop out at 1.30
  • WCT (9679/2.55) Buy:18/7/2012 Sell:24/7/2012 2.50 2.74,2.95 Consolidation breakout Stop out at 2.50
  • MBMR (5983/4.00) Buy:19/7/2012 Sell:27/7/2012 3.88 4.30 Upmove
  • Stop out at 3.84
  • L&G (3174/0.42) Buy:19/7/2012 Sell:3/8/2012 0.40 0.49,0.54 Upmove Take profit at 0.49
  • CIMB (1023/7.88) Buy:19/7/2012 7.70 8.20,8.40 Upmove
  • BGYEAR (7023/0.46) Buy:20/7/2012 Sell:25/7/2012 0.40 0.54,0.62 Technical rebound
  • Take profit at 0.59
  • NOTION (0083/1.26) Buy:23/7/2012 Sell:22/8/2012 1.22 1.37,1.39 Upmove Stop out at 1.21
  • MKLAND (8893/0.34) Buy:23/7/2012 Sell:26/7/2012 0.31 0.39,0.42 Upmove Take profit at 0.39
  • TENAGA (5347/6.82) Buy:23/7/2012 6.64 7.18,7.60 Consolidation breakout
  • GTRONIC (7022/1.38) Buy:25/7/2012 Sell:14/8/2012 1.23 1.63 Upmove Take profit at 1.63
  • INGRESS (7112/1.43) Buy:25/7/2012 1.26 1.70 Upmove
  • OLDTOWN (5201/1.76) Buy below 1.70:26/7/2012 Sell:30/7/2012 1.59 2.05 Oversold Take profit at 2.05
  • FABER (1368/1.47) Buy below 1.45:27/7/2012 Sell:2/8/2012 1.39 1.65,1.77 Oversold Stop out at 1.39
  • MRCB (1651/1.75) Buy:30/7/2012 Sell:24/8/2012 1.66 1.90,2.00 Oversold Stop out at 1.66
  • IJM (3336/5.18) Buy:30/7/2012 5.07 5.50,5.70 Oversold
  • KIANJOO (3522/2.60) Buy:31/7/2012 2.50 2.90 Upmove
  • BRDB (1473/2.53) Buy:31/7/2012 Sell:31/7/2012 2.48 2.74 Upmove Take profit at 2.74
  • LANDMRK (1643:1.00) Buy below 0.99:1/8/2012 0.96 1.10,1.13 Upmove
  • MYEG (0138/0.70) Buy:1/8/2012 Sell:3/8/2012 0.65 0.74,0.80 Upmove Take profit at 0.74
  • JOHOTIN (7167/1.62) Buy:1/8/2012 Sell:3/8/2012 1.50 1.84 Upmove Take profit at 1.81
  • NAIM (5073/1.84) Buy:2/8/2012 1.79 2.14 Consolidation breakout
  • JOHAN (3441/0.21) Buy:2/8/2012 0.19 0.29 Consolidation breakout
  • UOADEV (5200/1.69) Buy:3/8/2012 Sell:14/8/2012 1.64 1.88,2.00 Upmove Take profit at 1.79
  • KFIMA (6491/2.42) Buy:3/8/2012 Sell:14/8/2012 2.34 2.60,2.70 Consolidation breakout Stop out at 2.32
  • MNRB (6459/3.05) Buy:3/8/2012 Sell:24/8/2012 2.94 3.27 Upmove Stop out at 2.94
  • TM (4863/5.74) Buy:6/8/2012 Sell:23/8/2012 5.60 6.00,6.20 Oversold Take profit at 6.00
  • MBL (5152/1.18) Buy:7/8/2012 Sell:24/8/2012 1.12 1.40 Upmove Take profit at 1.28
  • FAVCO (7229/1.62) Buy:7/8/2012 Sell:7/8/2012 1.52 1.82 Upmove Take profit at 1.80
  • MEDIA (4502/2.42) Buy:8/8/2012 2.33 2.62 Upmove
  • UNISEM (5005/1.25) Buy:8/8/2012 Sell:14/8/2012 1.14 1.50 Oversold Stop out at 1.14
  • HARBOUR (2062/0.96) Buy:9/8/2012 Sell:15/8/2012 0.93 1.10 Upmove Stop out at 0.93
  • KFM (8303/0.465) Buy:9/8/2012 0.44 0.53,0.56 Consolidation breakout
  • BORNOIL (7036/0.51) Buy:9/8/2012 0.46 0.60 Oversold
  • WCT (9679/2.51) Buy:9/8/2012 2.42 2.95 Oversold
  • GENM (4715/3.30) Buy:10/8/2012 3.15 3.60,3.72 RSI Positive divergence
  • CSL (5214/1.02) Buy:10/8/2012 0.94 1.22 RSI Positive divergence
  • SEAL (4286/0.53) Buy:10/8/2012 0.51 0.57,0.61 Upmove
  • DIJACOR (5401/1.21) Buy:13/8/2012 Sell:24/8/2012 1.17 1.37 Upmove Stop out at 1.16
  • TWSCORP (4804/0.81) Buy:13/8/2012 Sell:16/8/2012 0.78 0.89 Upmove Stop out at 0.78
  • SYF (7082/0.51) Buy:13/8/2012 0.47 0.63 Upmove
  • P&O (6009/1.24) Buy:14/8/2012 1.15 1.30,1.40 Consolidation breakout
  • ALAM (5115/0.56) Buy:15/8/2012 0.53 0.59,0.63 Consolidation breakout
  • MEGB (5166/0.765) Buy:16/8/2012 0.745 0.80 Oversold
  • BINTAI (6998/0.39) Buy:16/8/2012 0.36 0.46,0.49 Oversold
  • KNM (7164/0.70) Buy:17/8/2012 0.66 0.79,0.87 Oversold
  • ADVENTA (7191/1.89) Buy:17/8/2012 Sell:24/8/2012 1.84 1.96,2.02 Oversold Stop out at 1.82
  • BSTEAD (2771/5.42) Buy:23/8/2012 5.30 6.00 Oversold
  • TDM (2054/3.88) Buy:23/8/2012 3.77 4.26 Oversold
  • SCOMI (7158/0.245) Buy:23/8/2012 0.225 0.27,0.30 Oversold
  • CENBOND (7171/1.09) Buy:24/8/2012 1.02 1.38 Upmove
  • DELEUM (5132/1.90) Buy:24/8/2012 1.84 2.10 Upmove
  • ILB (5614/0.94) Buy:24/8/2012 0.90 1.05 Upmove
  • MAS (3786/1.08) Buy:27/8/2012 1.00 1.30 Oversold
  • TAKASO (7071/0.20) Buy:27/8/2012 0.18 0.25 Upmove
Source:Jupiter Securities Research 27 August 2012

Morning Coffee - 27 Aug 2012

MARKET ROUNDUP (Source Bloomberg)

U.S. Stocks Snap Six-Week Rally Amid Europe Concern: as investors speculated whether central banks would provide further economic stimulus. Equities rallied the final day on bets the Federal Reserve will act to boost growth. The S&P 500 declined 0.5 percent to 1,411.13, after the benchmark index for American equities briefly topped a four-year high during the week. The Dow Jones Industrial Average dropped 117.23 points, or 0.9 percent, to 13,157.97.

European Stocks Decline For First Week Since June: as Greece’s prime minister asked the leaders of Germany and France for a two-year reprieve from cutting government spending and Japan’s trade deficit widened. The U.K.’s FTSE 100 slipped 1.3 percent, while Germany’s DAX Index retreated 1 percent. France’s CAC 40 dropped 1.6 percent.

Oil Climbs First Time In Three Days As Storm Shuts Gulf Output: as Tropical Storm Isaac shut almost a quarter of crude output in the Gulf of Mexico. Venezuela halted some production at its biggest refinery after a fire killed at least 39 people. Oil for October delivery increased as much as 92 cents to $97.07 a barrel in electronic trading on the New York Mercantile Exchange and was at $96.88 at 9:42 a.m. Sydney time. The contract slid 12 cents to $96.15 on Aug. 24 and rose 0.2 percent last week. Prices are down 2 percent this year.


CORPORATE NEWS

Magna Prima plans RM1b jobs: The company said the GDV of the proposed development was estimated at RM832.67 million and the total development cost was estimated to be RM624.83 million with an expected gross profit of RM207.84 million.

Kamunting hunting for M&A opportunities: Kamunting Plantation is aiming to become a large scale player in the industry, to join the ranks of companies like TSH Resources Bhd and unlisted Pontian United Plantations Bhd.


Btimes

P.I.E. banks on its e-commerce business solutions: The group expects its sales for industrial products this year to remain flat compared to a year ago.

Markets hopeful the US Fed will launch QE3: Almost twothirds of investors believe QE3 is on its way, a Reuters poll finds. Another poll reveals markets are confident the ECB will buy Italian and Spanish bonds from September and will cut
interest rates to record lows.

StarbIz

Source:Jupiter Securities Research 27 August 2012

Stock Overview - TAKASO - 27 Aug 2012

TAKASO ( 7071 : 0.20 ) : Targeting 0.25/Stop loss 0.18

Description

Resistance : 0.25
Support : 0.18

RSI of 65
RSI is recovering

STOCHASTIC
It is on an upswing

Comment
The current recovery is targeting 0.25

Trading Strategy
Buy. Stop loss is at 0.18

Source:Jupiter Securities Research 27 August 2012

Stock Overview - MAS - 27 Aug 2012

MAS ( 3786 : 1.08 ) : Targeting 1.30/Stop loss 1.00

Description

Resistance : 1.30
Support : 1.00

RSI of 53
RSI is recovering

STOCHASTIC
It is oversold

Comment
Currently it is hovering at the Double bottom of 1.02, indicating a technical rebound to 1.30

Trading Strategy
Buy. Stop loss is at 1.00

Source:Jupiter Securities Research 27 August 2012

Stock Overview - MAYBULK - 27 Aug 2012

MAYBULK ( 5077 : 1.55 ) : Take profit

Description

Resistance : 1.64
Support : 1.48

RSI of 38
RSI is weakening

STOCHASTIC
It is weakening

Comment
On the buy call of 22/6/2012 at below 1.55, we are recommending to take profit as technicals have turned negative

Trading Strategy
Take profit

Source:Jupiter Securities Research 27 August 2012

Stock Overview - MBL- 27 Aug 2012

MBL ( 5152 : 1.28 ) : Take profit

Description

Resistance : 1.29
Support : 1.22

RSI of 70
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the buy call of 7/8/2012 at 1.18, we are recommending to take profit as it is approaching overbought. And it appears to have been capped at the Double Top of 1.29

Trading Strategy
Take profit

Source:Jupiter Securities Research 27 August 2012

Daily Summary - 27 Aug 2012

YOUR MORNING COFFEE – Monday 27/8/2012

SUMMARY

  • Wall St closed 0.8% higher, on hope of quantitative easing, to fuel growth. And some positive resolve to the European woes. Durable goods orders rose 4.2%, higher than expected.
  • Dow of 13,157, may stage a technical rebound following the past 3 days of drop. Resistance is at 13,338. RSI of 55, is recovering.
  • DOLLAR INDEX is lower at 81.4. Downside is at 81.0.
  • Crude oil is lower at USD95.9. Resistance is at 100.0.
  • Dollar yen is higher at 78.7 yen. Support is at 77.4.
  • Euro/dollar is lower at 1.251. Upside is at 1.262.
  • Gold is higher at USD1674. Upside is at 1740.
  • Shanghai closed lower at 2,092.
  • Singapore STI closed lower at 3,047.
  • Ringgit is weaker at 3.100. Downside is at 3.210.
  • S’pore ringgit is lower at 2.481. Upside is at 2.540.
  • Malaysian market closed lower at 1648. On the Daily chart, it is targeting 1710 over a longer term. Near term pullback support is at 1644. RSI of 63, is down. Today’s range is between 1646 and 1656.
  • CPO Oct futures is higher at RM3052. Resistance is at 3066.
  • Trading : MBL ( 5152 : 1.28 ) : Take profit, MAYBULK ( 5077 : 1.55 ) : Take profit, MAS ( 3786 : 1.08 ) : Targeting 1.30/Stop loss 1.00, TAKASO ( 7071 : 0.20 ) : Targeting 0.25/Stop loss 0.18

Source:Jupiter Securities Research 27 August 2012

Technical stock picks table - 24 Aug 2012

Friday, 24 Aug 2012

Stock code / Price Action : Date Stop loss Target Comment
  • TRC (5054/0.735) Buy: 10/5/2012 Sell:15/5/2012 0.70 0.78,0.81 Consolidation breakout Stop out at 0.70
  • PERISAI (0047/0.90) Buy: 10/5/2012 Sell:16/5/2012 0.87 1.04,1.12 Consolidation breakout Stop out at 0.87
  • CIMB (1023/7.64) Buy: 10/5/2012 Sell:14/5/2012 7.54 8.16,8.28 Uptrend, oversold Stop out at 7.54
  • MUHIBAH (5703/1.30) Buy: 10/5/2012 Sell:16/5/2012 1.22 1.45,1.50 Technical rebound, oversold Stop out at 1.22
  • MPHB (3859/2.95) Buy: 11/5/2012 Sell:16/5/2012 2.80 3.20,3.49 Bullish Pennant or Flag Stop out at 2.80
  • JAKS (4723/0.565) Buy: 11/5/2012 Sell:15/5/2012 0.54 0.66,0.73 Technical rebound, oversold Stop out at 0.54
  • AIRASIA (5099/3.65) Buy: 11/5/2012 Sell:15/5/2012 3.50 4.04 Bullish Pennant or Flag Stop out at 3.50
  • MUDAJYA (5085/2.75) Buy: 11/5/2012 Sell:14/5/2012 2.63 2.90,2.98 Technical rebound, oversold Stop out at 2.63
  • TM (4863/5.43) Buy: 14/5/2012 Sell:18/5/2012 5.33 5.80 Uptrend Stop out at 5.33
  • MEGB (5166/1.05) Buy: 14/5/2012 Sell:17/5/2012 1.00 1.18 Technical rebound, oversold Stop out at 1.00
  • LFECORP (7170/0.145) Buy: 14/5/2012 Sell:16/5/2012 0.125 0.21 Consolidation breakout Stop out at 0.125
  • DIALOG (7277/2.24) Buy: 14/5/2012 Sell:8/6/2012 2.16 2.52 Technical rebound, oversold Take profit at 2.39
  • CANONE (5105/2.10) Buy: 15/5/2012 Sell:20/6/2012 2.00 2.42 Uptrend Take profit at 2.34
  • DAYA (0091/0.21) Buy: 15/5/2012 0.18 0.28 Technical rebound, oversold
  • BJCORP (3395/0.765) Buy below 0.75:15/5/2012 Sell:2/8/2012 0.72 0.82 Due for a technical rebound Stop out at 0.72
  • WINGTM (2976/1.70) Buy: 16/5/2012 Sell:22/5/2012 1.62 1.94,2.06 Uptrend Take profit at 2.00
  • GAMUDA (5398/3.56) Buy: 16/5/2012 Sell:16/5/2012 3.46 3.90 Technical rebound, oversold Stop out at 3.46
  • MITRA (9571/0.55) Buy: 17/5/2012 Sell:9/7/2012 0.54 0.61 Double Bottom Take profit at 0.61
  • KINSTEL (5060/0.43) Buy: 17/5/2012 0.40 0.50 Double Bottom
  • MBSB (1171/2.10) Buy below 2.00:17/5/2012 Sell: 4/6/2012 1.83 2.38 Small downside Take profit at 2.22
  • GENM (4715/3.58) Buy: 18/5/2012 Sell:30/5/2012 3.50 3.93-3.97 Technical rebound, oversold Take profit at 3.83
  • MRCB (1651/1.58) Buy: 18/5/2012 Sell:20/6/2012 1.46 1.82-1.90 Technical rebound, oversold Take profit at 1.82
  • BIMB (5258/2.42) Buy: 18/5/2012 Sell:29/5/2012 2.27 2.58 Technical rebound, oversold Take profit at 2.60
  • MISC (3816/4.23) Buy: 21/5/2012 Sell: 4/6/2012 4.00 4.60 Correction ended at 3.92 Stop out at 4.00
  • MFLOUR (3662/1.45) Buy: 22/5/2012 1.32 5/6/2012:Stop loss raised to 1.45
  • 1.70,1.82 Technical rebound, oversold
  • PERWAJA(5146/0.575) Buy: 22/5/2012 Sell:26/6/2012 0.52 0.69 Technical rebound, oversold Take profit at 0.68
  • PERDANA (7108/0.50) Buy: 22/5/2012 Sell:14/6/2012 0.47 0.58,0.64 Technical rebound, oversold Take profit at 0.59
  • CRESBLD (8591/1.08) Buy: 23/5/2012 Sell:25/5/2012 1.04 1.30 Uprun Stop out at 1.04
  • BSTEAD (2771/4.98) Buy: 23/5/2012 Sell:19/6/2012 4.86 5.44,5.54 Technical rebound, oversold Take profit at 5.44
  • TA (4898/0.54) Buy: 24/5/2012 0.51 0.62,0.72 RSI positive divergence
  • UNISEM (5005/1.28) Buy: 24/5/2012 Sell:2/7/2012 1.22 1.44,1.49 Technical rebound, oversold Take profit at 1.44
  • YTLLAND (2577/0.975) Buy below 0.96:24/5/2012 Sell:30/7/2012 0.93 1.12 Technical rebound, oversold Take profit at 1.12
  • KNM (7164/0.76) Buy: 24/5/2012 Sell: 4/6/2012 0.72 0.84,0.88 Technical rebound, oversold Stop out at 0.72
  • CBIP (7076/2.54) Buy: 25/5/2012 Sell: 4/6/2012 2.44 2.80 Technical rebound, oversold Stop out at 2.44
  • KPSCB (9121/0.39) Buy: 25/5/2012 0.37 0.48 Technical rebound, oversold
  • BRAHIMS (9474/1.20) Buy: 25/5/2012 Sell:11/6/2012 1.14 1.40 Technical rebound, oversold Stop out at 1.13
  • DIGI (6947/3.95) Buy: 29/5/2012 Sell:20/6/2012 3.89 4.20 Technical rebound, oversold Take profit at 4.20
  • PERMAJU (7080/0.84) Buy: 29/5/2012 Sell:31/5/2012 0.80 1.02 Double bottom Stop out at 0.80
  • LEESK (8079/0.145) Buy: 30/5/2012 0.125 0.19 Technical rebound, oversold
  • SBCCORP (5207/0.93) Buy: 30/5/2012 Sell:19/7/2012 0.86 1.00 Technical rebound, oversold Take profit at 1.06
  • E&O (3417/1.43) Buy: 30/5/2012 Sell:11/7/2012 1.38 1.53 Technical rebound, oversold Take profit at 1.56
  • MAS (3786/1.17) Buy: 31/5/2012 Sell:27/7/2012 1.08 1.30,1.40 Technical rebound, oversold Stop out at 1.08
  • PUNCAK (6807/1.33) Buy: 31/5/2012 1.26 1.57 Consolidation breakout
  • YINSON (7293/2.00) Buy: 1/6/2012 Sell:11/6/2012 1.90 2.20 Uptrend Take profit at 2.14
  • L&G (3174/0.34) Buy: 1/6/2012 Sell:19/6/2012 0.31 0.39,0.44 Trend breakout Take profit at 0.39
  • COASTAL (5071/1.76) Buy: 1/6/2012 Sell:11/6/2012 1.62 2.00 Technical rebound, oversold Take profit at 1.91
  • TM (4863/5.39) Buy: 1/6/2012 Sell:22/6/2012 5.30 5.70 Uptrend Take profit at 5.80
  • TAGB (5158/0.275) Buy: 4/6/2012 0.26 0.34 Double bottom
  • BURSA (1818/6.05) Buy: 4/6/2012 Sell:10/7/2012 5.85 6.40,6.60 Technical rebound, oversold Take profit at 6.35
  • BINTAI (6998/0.375) Buy: 4/6/2012 Sell:11/6/2012 0.34 0.46 Breakout Take profit at 0.42
  • SMI (4375/0.21) Buy below 0.20:5/6/2012 0.185 0.25 Correction completed
  • KLCCP (5089/3.95) Buy: 5/6/2012 Sell:28/6/2012 3.84 4.22,4.34 Consolidation breakout Take profit at 4.34
  • MPHB (3859/3.24) Buy: 6/6/2012 Sell:18/6/2012 3.10 14/6/2012:Stop loss raised to
  • 3.38 3.50,3.64 Uptrend Take profit at 3.38
  • TDM (2054/3.78) Buy: 6/6/2012 Sell:15/6/2012 3.69 4.20 Technical rebound,oversold
  • Take profit at 4.55
  • LITRAK (6645/4.10) Buy: 6/6/2012 3.92 4.48 Uptrend
  • MAYBANK (1155/8.70) Buy: 7/6/2012 Sell:18/7/2012 8.50 9.20 Oversold Take profit at 8.77
  • UMW (4588/8.08) Buy: 7/6/2012 Sell:14/6/2012 7.90 14/6/2012:Stop loss raised to 8.22 8.40,8.60 Uptrend Take profit at 8.44
  • BJTOTO (1562/4.31) Buy: 7/6/2012 4.20 4.70 Oversold
  • UEMLAND (5148/1.96) Buy: 8/6/2012 Sell:6/7/2012 1.90 2.15,2.19 Oversold Take profit at 2.15
  • FITTERS (9318/0.72) Buy: 8/6/2012 Sell:19/7/2012 0.69 0.85 Double bottom Take profit at 0.83
  • AIRASIA (5099/3.65) Buy: 11/6/2012 Sell:6/7/2012 3.52 3.82,3.94 Rebound Take profit at 3.82
  • SKPRES (7155/0.35) Buy: 11/6/2012 0.33 0.43 Consolidation breakout
  • CENSOF (5195/0.37) Buy: 12/6/2012 Sell:18/6/2012 0.35 0.41 Oversold Take profit at 0.41
  • FAVCO (7229/1.43) Buy: 13/6/2012 Sell:25/6/2012 1.35 1.60 Oversold Take profit at 1.62
  • FAJAR (7047/1.08) Buy: 13/6/2012 Sell:14/6/2012 1.04 1.22 Technical rebound Stop out at 1.04
  • MUHIBAH (5703/1.21) Buy:14/6/2012 1.18 28/6/2012:Stop loss lowered to 0.94 1.34 Double bottom
  • ENG (8826/1.95) Buy:14/6/2012 Sell:15/8/2012 1.91 2.20 Breakout Take profit at 1.99
  • TRC (5054/0.67) Buy around 0.65:15/6/2012 0.62 0.74 Double Bottom
  • SUPERMX (7106/1.96) Buy:18/6/2012 Sell:10/7/2012 1.88 2.15 Positive technicals Take profit at 2.18
  • OLDTOWN(5201/1.59) Buy:18/6/2012 Sell:19/6/2012 1.51 1.74 Positive technicals Take profit at 1.74
  • THPLANT (5112/2.29) Buy:19/6/2012 Sell:10/7/2012 2.18 2.54 Oversold Take profit at 2.60
  • MALTON (6181/0.57) Buy:19/6/2012 Sell:28/6/2012 0.55 0.65 Technical rebound
  • Stop out at 0.55
  • AZRB (7078/0.775) Buy:21/6/2012 0.74 0.90,0.96 Technical rebound
  • PARAMON (1724/1.78) Buy:22/6/2012 Sell:18/7/2012 1.70 1.90,2.00 Consolidation breakout Stop out at 1.69
  • MAYBULK (5077/1.58) Buy below 1.55:22/6/2012 1.52 1.76,1.84 Oversold
  • GKENT (3204/1.04) Buy:25/6/2012 0.94 1.22 Double bottom
  • HWGB (9601/0.415) Buy:25/6/2012 Sell:26/6/2012 0.40 0.45,0.49 Consolidation breakout Take profit at 0.45
  • UMLAND (4561/2.25) Buy:26/6/2012 Sell:9/7/2012 2.18 2.40,2.49 Uprun Take profit at 2.40
  • PARKSON (5657/4.59) Buy below 4.50 :29/6/2012 Sell:13/8/2012 4.36 4.90 Oversold
  • Take profit at 4.82
  • MULPHA (3905/0.41) Buy: 2/7/2012 0.40 0.47 Oversold
  • HAPSENG (3034/1.79) Buy:2/7/2012 Sell:2/8/2012 1.72 1.87,2.00 Oversold Stop out at 1.70
  • KEURO (3565/1.05) Buy:3/7/2012 Sell:6/8/2012 1.00 1.16 Oversold Take profit at 1.14
  • DELEUM (5132/1.76) Buy:3/7/2012 Sell:13/7/2012 1.69 1.97 Oversold Take profit at 1.93
  • PERISAI (0047/0.87) Buy:3/7/2012 Sell:14/8/2012 0.85 0.96 Oversold Take profit at 0.95
  • ALAM (5115/0.55) Buy:4/7/2012 Sell:13/7/2012 0.52 0.65 Oversold Stop out at 0.52
  • PADINI (7052/1.86) Buy:4/7/2012 Sell:1/8/2012 1.82 2.09 Oversold Take profit at 2.12
  • HARVEST (9342/0.46) Buy:4/7/2012 Sell:12/7/2012 0.42 0.64 Oversold Take profit at 0.64
  • RSAWIT (5113/1.07) Buy:5/7/2012 Sell:11/7/2012 1.03 1.16 Consolidation breakout
  • Take profit at 1.16
  • SHCHAN (4316/1.20) Buy:5/7/2012 Sell:13/7/2012 1.17 1.28,1.34 Consolidation breakout Stop out at 1.17
  • ULICORP (7133/0.77) Buy:5/7/2012 0.75 0.85 Uprun
  • ADVENTA (7191/1.60) Buy:6/7/2012 Sell:11/7/2012 1.54 1.70,1.80 Uprun Take profit at 1.86
  • MKH (6114/2.38) Buy:6/7/2012 Sell:9/7/2012 2.26 2.52,2.86 Uprun Take profit at 2.60
  • HSL (6238/1.65) Buy:6/7/2012 Sell:8/8/2012 1.60 1.82 Uprun Stop out at 1.58
  • GADANG (9261:0.59) Buy:9/7/2012 0.57 0.68 Uprun
  • MMCCORP (2194/2.61) Buy:9/7/2012 Sell:18/7/2012 2.55 2.80 Oversold Stop out at 2.55
  • KSK (5097/0.68) Buy:11/7/2012 0.64 0.88 Uprun
  • HIBISCS (5199/1.56) Buy:12/7/2012 Sell:13/8/2012 1.50 1.80 Consolidation breakout
  • Take profit at 1.81
  • NYLEX (4944/0.59) Buy:13/7/2012 0.53 0.70,0.74 Upmove
  • KHEESAN (6203/0.42) Buy:13/7/2012 0.38 0.53 Upmove
  • SKPETRO (5218/2.21) Buy:13/7/2012 Sell:19/7/2012 2.18 2.40 Oversold Take profit at 2.44
  • MBFHLDG (1236/1.04) Buy:16/7/2012 1.00 1.16,1.28 Upmove
  • WEIDA (7111/1.26) Buy:16/7/2012 Sell:17/7/2012 1.20 1.44 Upmove Take profit at 1.44
  • KHSB (6246/0.48) Buy below 0.47:16/7/2012 0.44 0.58 Technical rebound
  • AFFIN (5185/3.60) Buy:18/7/2012 Sell:15/8/2012 3.53 3.90,4.29 Consolidation breakout Stop out at 3.53
  • PRESBHD (5204/1.35) Buy:18/7/2012 Sell:20/7/2012 1.30 1.50 Consolidation breakout Stop out at 1.30
  • WCT (9679/2.55) Buy:18/7/2012 Sell:24/7/2012 2.50 2.74,2.95 Consolidation breakout Stop out at 2.50
  • MBMR (5983/4.00) Buy:19/7/2012 Sell:27/7/2012 3.88 4.30 Upmove Stop out at 3.84
  • L&G (3174/0.42) Buy:19/7/2012 Sell:3/8/2012 0.40 0.49,0.54 Upmove Take profit at 0.49
  • CIMB (1023/7.88) Buy:19/7/2012 7.70 8.20,8.40 Upmove
  • BGYEAR (7023/0.46) Buy:20/7/2012 Sell:25/7/2012 0.40 0.54,0.62 Technical rebound Take profit at 0.59
  • NOTION (0083/1.26) Buy:23/7/2012 Sell:22/8/2012 1.22 1.37,1.39 Upmove Stop out at 1.21
  • MKLAND (8893/0.34) Buy:23/7/2012 Sell:26/7/2012 0.31 0.39,0.42 Upmove Take profit at 0.39
  • TENAGA (5347/6.82) Buy:23/7/2012 6.64 7.18,7.60 Consolidation breakout
  • GTRONIC (7022/1.38) Buy:25/7/2012 Sell:14/8/2012 1.23 1.63 Upmove Take profit at 1.63
  • INGRESS (7112/1.43) Buy:25/7/2012 1.26 1.70 Upmove
  • OLDTOWN (5201/1.76) Buy below 1.70:26/7/2012 Sell:30/7/2012 1.59 2.05 Oversold Take profit at 2.05
  • FABER (1368/1.47) Buy below 1.45:27/7/2012 Sell:2/8/2012 1.39 1.65,1.77 Oversold Stop out at 1.39
  • MRCB (1651/1.75) Buy:30/7/2012 1.66 1.90,2.00 Oversold
  • IJM (3336/5.18) Buy:30/7/2012 5.07 5.50,5.70 Oversold
  • KIANJOO (3522/2.60) Buy:31/7/2012 2.50 2.90 Upmove
  • BRDB (1473/2.53) Buy:31/7/2012 Sell:31/7/2012 2.48 2.74 Upmove Take profit at 2.74
  • LANDMRK (1643:1.00) Buy below 0.99:1/8/2012 0.96 1.10,1.13 Upmove
  • MYEG (0138/0.70) Buy:1/8/2012 Sell:3/8/2012 0.65 0.74,0.80 Upmove Take profit at 0.74
  • JOHOTIN (7167/1.62) Buy:1/8/2012 Sell:3/8/2012 1.50 1.84 Upmove Take profit at 1.81
  • NAIM (5073/1.84) Buy:2/8/2012 1.79 2.14 Consolidation breakout
  • JOHAN (3441/0.21) Buy:2/8/2012 0.19 0.29 Consolidation breakout
  • UOADEV (5200/1.69) Buy:3/8/2012 Sell:14/8/2012 1.64 1.88,2.00 Upmove Take profit at 1.79
  • KFIMA (6491/2.42) Buy:3/8/2012 Sell:14/8/2012 2.34 2.60,2.70 Consolidation breakout Stop out at 2.32
  • MNRB (6459/3.05) Buy:3/8/2012 2.94 3.27 Upmove
  • TM (4863/5.74) Buy:6/8/2012 Sell:23/8/2012 5.60 6.00,6.20 Oversold Take profit at 6.00
  • MBL (5152/1.18) Buy:7/8/2012 1.12 1.40 Upmove
  • FAVCO (7229/1.62) Buy:7/8/2012 Sell:7/8/2012 1.52 1.82 Upmove Take profit at 1.80
  • MEDIA (4502/2.42) Buy:8/8/2012 2.33 2.62 Upmove
  • UNISEM (5005/1.25) Buy:8/8/2012 Sell:14/8/2012 1.14 1.50 Oversold Stop out at 1.14
  • HARBOUR (2062/0.96) Buy:9/8/2012 Sell:15/8/2012 0.93 1.10 Upmove Stop out at 0.93
  • KFM (8303/0.465) Buy:9/8/2012 0.44 0.53,0.56 Consolidation breakout
  • BORNOIL (7036/0.51) Buy:9/8/2012 0.46 0.60 Oversold
  • WCT (9679/2.51) Buy:9/8/2012 2.42 2.95 Oversold
  • GENM (4715/3.30) Buy:10/8/2012 3.15 3.60,3.72 RSI Positive divergence
  • CSL (5214/1.02) Buy:10/8/2012 0.94 1.22 RSI Positive divergence
  • SEAL (4286/0.53) Buy:10/8/2012 0.51 0.57,0.61 Upmove
  • DIJACOR (5401/1.21) Buy:13/8/2012 1.17 1.37 Upmove
  • TWSCORP (4804/0.81) Buy:13/8/2012 Sell:16/8/2012 0.78 0.89 Upmove Stop out at 0.78
  • SYF (7082/0.51) Buy:13/8/2012 0.47 0.63 Upmove
  • P&O (6009/1.24) Buy:14/8/2012 1.15 1.30,1.40 Consolidation breakout
  • ALAM (5115/0.56) Buy:15/8/2012 0.53 0.59,0.63 Consolidation breakout
  • MEGB (5166/0.765) Buy:16/8/2012 0.745 0.80 Oversold
  • BINTAI (6998/0.39) Buy:16/8/2012 0.36 0.46,0.49 Oversold
  • KNM (7164/0.70) Buy:17/8/2012 0.66 0.79,0.87 Oversold
  • ADVENTA (7191/1.89) Buy:17/8/2012 1.84 1.96,2.02 Oversold
  • BSTEAD (2771/5.42) Buy:23/8/2012 5.30 6.00 Oversold
  • TDM (2054/3.88) Buy:23/8/2012 3.77 4.26 Oversold
  • SCOMI (7158/0.245) Buy:23/8/2012 0.225 0.27,0.30 Oversold
  • CENBOND (7171/1.09) Buy:24/8/2012 1.02 1.38 Upmove
  • DELEUM (5132/1.90) Buy:24/8/2012 1.84 2.10 Upmove
  • ILB (5614/0.94) Buy:24/8/2012 0.90 1.05 Upmove

Source:Jupiter Securities Research 24 August 2012