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AEON Credit Service (5139) ~ current price @ 16.14
April 2013 - HwangDBS Vickers Research ~ target price 16.10
Alam Maritim Resources Bhd (5115) ~ current price @ 1.16
April 2013 - RHB Research Institute ~ fair value 1.25
AMMB Holdings Bhd (1015) ~ current price @ 7.15
Axis REITs (5106) ~ current price @ 3.82
Mar 2013 - CIMB Equities Research ~ target price 3.68
April 2013 - RHB Research ~ target price 3.56
Bursa Malaysia (1818) ~ current price @ 7.85
April 2013 - RHB Research ~ fair value 8.10
April 2013 - Kenanga Research ~ target price 7.20
CapitalMalls Malaysia Trust (5180) ~ current price @ 1.86
April 2013 - CIMB Equities Research ~ target price 1.99
Catcha Media (0173) ~ current price @ 0.445
April 2013 - RHB Research ~ fair value 0.65
CB Industrial Product Holding (7076) ~ current price @ 2.72
April 2013 - RHB Investment Research ~ fair value 3.35
Crescendo Corp Bhd (6718) ~ current price @ 2.90
April 2013 - Kenanga Research ~ target price 3.56
Dayang Enterprise Holdings Bhd (5141) ~ current price @ 4.39
April 2013 - Hwang DBS Vickers Research ~ target price 4.00
April 2013 - MIDF Research initiated ~ target price 3.95
April 2013 - Kenanga Research ~ target price 4.86
Dialog Group Bhd (7277) ~ current price @ 2.64
April 2013 - Affin Investment Research ~ target price 2.76
Digi.com Bhd (6947) ~ current price @ 4.69
Mar 2013 - Maybank Investment Bank ~ target price 4.85
April 2013 - RHB Research ~ fair value 5.10
April 2013 - Public Bank Investment Research ~ target price 5.40
DRB-Hicom (1619) ~ current price @ 2.71
Favelle Favco (7229) ~ current price @ 2.32
April 2013 - RHB Research Institute ~ fair value 3.35
Gamuda (5398) ~ current price @ 4.75
April 2013 - Alliance Research ~ target price 4.95
Gas Malaysia Bhd (5209) ~ current price @ 3.09
April 2013 - HwangDBS Vickers Research ~ target price 3.25
Globetronics (7022) ~ current price @ 1.98
April 2013 - Affin Investment Research ~ target price 2.11
Hai-O Enterprise Berhad (7668) ~ current price @ 2.40
April 2013 - Affin Investment Bank ~ target price 2.98
Hartalega Holdings Bhd (5168) ~ current price @ 5.70
Mar 2013 - TA Securities ~ target price 5.50
April 2013 - RHB ~ fair value 5.34
IOI Corporation (1961) ~ current price @ 5.33
April 2013 - RHB Research Institute ~ fair value 4.90
Kimlun Corp Bhd (5171) ~ current price @ 1.77
Mar 2013 - RHB Research Institute ~ fair value 2.05
April 2013 - RHB Research Institute ~ fair value 2.05
Kossan Rubber Industries Bhd (7153) ~ current price @ 4.03
April 2013 - Kenanga Research ~ target price 4.23
April 2013 - RHB ~ fair value 4.15
MAS (3786) ~ current price @ 0.36
April 2013 - Affin Investment Research ~ target price 0.83
(After announced of Rights Issue)
April 2013 - RHB Research Institute ~ ex-rights fair value 0.50
April 2013 - Kenanga ~ target price 1.01 and 0.39 on it ex-rights shares
April 2013 - Alliance Research ~ target price 0.68 and 0.32 on an ex-all basis.
Mah Sing Group Bhd (8583) ~ current price @ 2.71
April 2013 - RHB Research Institute ~ fair value 2.18
April 2013 - MIDF Research ~ target price 2.56
Malaysia Airports Holdings Bhd (5014) ~ current price @ 6.15
April 2013 - Kenanga Research ~ target price 7.19
April 2013 - RHB Research ~ fair value 7.23
Malaysia Building Society Bhd (1171) ~ current price @ 3.14
April 2013 - RHB Research ~ target price 3.05
Malaysia Marine and Heavy Engineering (5186) ~ current price @ 3.80
April 2013 - Affin Investment Bank ~ target price 3.50
Malaysian Pacific Industries (3867) ~ current price @ 2.62
April 2013 - CIMB Equities Research ~ target price 2.38
April 2013 - RHB Research Institute ~ fair values 2.70
Malaysian Resources Corp (1651) ~ current price @ 1.67
April 2013 - Affin Investment Research ~ target price 2.50
Malaysia Smelting Corp (5916) ~ current price @ 3.14
April 2013 - RHB Research Institute ~ fair value 2.77
MISC Bhd (3816) ~ current price @ 4.57
Mar 2013 - RHB Research Institute ~ fair value 6.12
April 2013 - RHB Research ~ fair value 5.88
My E.G. Services (0138) ~ current price @ 1.18
April 2013 - CIMB Equities Research ~ target price 1.34
Old Town Berhad (5201) ~ current price @ 3.09
Mar 2013 - Kenanga Research ~ target price 2.38
April 2013 - Alliance Research ~ target price 2.66
April 2013 - Kenanga Research ~ target price 2.53
Public Bank Bhd (1295) ~ current price @ 16.60
April 2013 - RHB Research ~ fair value 16.80
Puncak Niaga Holdings Bhd (6807) ~ current price @ 1.77
April 2013 - CIMB Equities Research ~ target price 1.85
RHB Capital (1066) ~ current price @ 8.76
Mar 2013 - Kenanga Research ~ target price 9.00
April 2013 - Alliance Research ~ target price 9.05
Supermax Corp (7106) ~ current price @ 2.05
April 2013 - RHB ~ fair value 3.30
Syarikat Takaful Malaysia Bhd (6139) ~ current price @ 7.16
Mar 2013 - RHB Research ~ target price 8.00
Tambun Indah Land Bhd (5191) ~ current price @ 1.16
April 2013 - RHB Research ~ fair value 1.28
Tenaga Nasional Bhd (5347) ~ current price @ 8.26
April 2013 - CIMB Equities Research ~ target price 8.55
April 2013 - Public Investment Bank ~ target price 8.85
Tomei Consolidated Bhd (7230) ~ current price @ 0.74
April 2013 - Kenanga Research ~ fair value 0.715
Top Glove Corporation Bhd (7113) ~ current price @ 6.50
April 2013 - RHB Research ~ fair value 7.11
TRC Synergy (5054) ~ current price @ 0.61
April 2013 - RHB Research Institute ~ fair value 0.52
Tune Ins Holdings (5230) ~ current price @ 1.77
April 2013 - CIMB Equities Research ~ target price 1.63
UEM Land Holdings Bhd (5148) ~ current price @ 3.16
Mar 2013 - PublicInvest Research ~ target price 2.80
Mar 2013 - Kenanga Research ~ target price 3.25
April 2013 - MIDF Research ~ target price 2.97
23 April 2013 - MIDF Research ~ target price 3.23
UMW Holdings Bhd (4588) ~ current price @ 13.94
Mar 2013 - Affin Investment Bank ~ fair value 12.40
April 2013 - Kenanga Research ~ target price 12.53
Unisem (5005) ~ current price @ 0.93
April 2013 - RHB Research Institute ~ fair values 0.99
Uzma Bhd (7250) ~ current price @ 2.45
April 2013 - Kenanga Research ~ target price 2.33
WCT Bhd (9679) ~ current price @ 2.62
Mar 2013 - CIMB Research ~ target price 2.58
April 2013 - CIMB Research ~ target price 2.55
April 2013 - Affin Investment Research ~ price target 2.90
*Please note that above just some quick information. You still need to find out more info about how they calculated their target price.*
Sunday, May 12, 2013
Wednesday, May 8, 2013
MAS rights @ discounted price
MAS price is currently @ 0.345
MAS-OR price is currently @ 0.03
rights subscription price is 0.23
approx. 24% below MAS price
Why at discounted price? My view:
a) Shareholders not willing to put in more cash for the rights and cut loss
b) Major shareholder sell down rights to scare off minor shareholder?? Then they can buy in cheap to reduce their average price?? That's why huge volume at 0.03??
c) Bought in MAS at lower price, now selling all rights might make some profit or reduce their loss
To me, MAS-OR is worth to consider ^_*
Keep an eye on it as well as the movement of MAS as you need to base on it to see whether the price for MAS-OR is worth to consider or not.
Pls note that MAS-OR will cease trading on 14 May 2013.
Good luck with your investment!!! ^_*
MAS-OR price is currently @ 0.03
rights subscription price is 0.23
approx. 24% below MAS price
Why at discounted price? My view:
a) Shareholders not willing to put in more cash for the rights and cut loss
b) Major shareholder sell down rights to scare off minor shareholder?? Then they can buy in cheap to reduce their average price?? That's why huge volume at 0.03??
c) Bought in MAS at lower price, now selling all rights might make some profit or reduce their loss
To me, MAS-OR is worth to consider ^_*
Keep an eye on it as well as the movement of MAS as you need to base on it to see whether the price for MAS-OR is worth to consider or not.
Pls note that MAS-OR will cease trading on 14 May 2013.
Good luck with your investment!!! ^_*
Saturday, May 4, 2013
If Developer Forfeit Your Booking Fee/Deposit ~ read this ~
Saw this article in the Star online:
[Click here to read more]
"The sale and purchase agreement (Schedule G, H, I or J) as prescribed by the Housing Development (Control and Licensing) Regulations, 1989 (the Housing Regulations) provides very clearly how the purchase price is to be paid. The first 10% is payable immediately upon the signing of the sale and purchase agreement (SPA), not before.
No collection of any payment is allowed before the SPA is signed. Deposit, booking fee, advance payment, administration charges are just some of terms used by some devious developers in their vain attempts to circumvent or contract out of the Housing Regulations and to confuse, mislead and convince nave house buyers especially the first-timers.
Collection of any payment by a housing developer before the signing of the SPA is an offence. This is very clear under the Housing Regulations and it does not matter what the developer calls it.
The Housing Regulation 11(2) stated: “No housing developer shall collect any payment by whatever name called except as prescribed by the contract of sale”. (In this context' contract of sale means the SPA)
Commission of such an offence under the Housing Regulations means that the developer in question can be prosecuted, fined and/or even imprisoned under Regulations 13. Even those persons who knowingly and willfully aids, abets, counsel, procures or commands the commission of such an offence shall be liable to be punished.
Prosecution, however, is in the hands of the public prosecutor whose action or non-action the house buyers are not able to dictate. House buyers and indeed the general public are of course at liberty to lodge a complaint against any developer in breach of any housing laws. Such complaints can be lodged with the Enforcement Division of the Ministry of Housing and Local Government: www.kpkt.gov.my "
"House buyers who are already caught in tussles with housing developers over refund of booking fee or deposit are at liberty to file their claims at the Tribunal for Homebuyer Claims (the Housing Tribunal). The Housing Tribunal was set up as an alternative forum for house buyers to save them the costs and hassle of fighting with housing developers in the civil courts.
The filing fee is only RM10; no lawyers are required and hearings are normally fixed within a month. The Housing Tribunal is empowered to hear disputes between house buyers and licensed housing developers even though the SPA is yet to be signed but the claims must be filed within the time frames provided under section 16N of the Housing Development (Control & Licensing) Act 1966 (the HDA). Check out the link: www.kpkt.gov.my TTPR"
[Click here to read more]
If might be difficult to stop Developers to collect Booking Fee/Deposit ~ yet this will help us up to undertand the Law especially those who couldn't get the loan approval and want their money back.
Well done to Chang Kim Loong - the honorary secretary-general of the National House Buyers Association: www.hba.org.my, a non-profit, non-governmental organisation manned by volunteers. He is also a NGO councillor at the Subang Jaya Municipality Council.
Wednesday, May 1, 2013
MAS (3786) ~ 4 rights for every 1 existing share @ 0.23
MAS price is currently @ 0.68
Finally MAS announce the rights issue on 11 April 2013 - e very 1 existing share will get 4 rights @ 0.23.
Below shows an example for the changes, say:
You purchased 1,000 shares at 0.825 (closing price on 11 April 2013) = RM825
Average price = approx. 0.35 after all rights subscribed and based on 0.825 closing price
Option A) Subscribe all rights
4,000 rights @ 0.23 = RM920 + RM825 = RM1,745
Average price for the remaining 5,000 shares = 0.349
Option B) Sell all rights
4,000 rights @ 0.12 = RM480 - RM825 = RM345
Average price for the remaining 1,000 shares = 0.345
(assumed 0.12 is the price Buyer willing to offer)
4,000 rights @ 0.35 = RM1,400 - RM825 = RM575
Average price for the remaining 1,000 shares = 0.575
(assumed 0.35 is the price Seller willing to accept)
*Please note that above just a quick calculation excluding all transaction charges etc.
Make sure you have enough cash ready to subscribe all rights or sell your rights before the closing date. Normally if you go with Option A or B, your end figure will be about the same. Never go with Option C.
Research company view (After announced of Rights Issue):
RHB Research Institute ~ ex-rights fair value 0.50
Kenanga ~ target price 1.01 and 0.39 for ex-rights shares
Alliance Research ~ target price 0.68 sen and 0.32 on an ex-all basis
Based on current rights issue offer, the average cost per share for Khazanah should be approx. 0.60.
To me ~ I'm hoping after all rights subscribed main share will reach 0.60
Good luck with your investment!!! ^_*
*Please note that above just a quick calculation excluding all transaction charges etc.
Make sure you have enough cash ready to subscribe all rights or sell your rights before the closing date. Normally if you go with Option A or B, your end figure will be about the same. Never go with Option C.
Research company view (After announced of Rights Issue):
RHB Research Institute ~ ex-rights fair value 0.50
Kenanga ~ target price 1.01 and 0.39 for ex-rights shares
Alliance Research ~ target price 0.68 sen and 0.32 on an ex-all basis
Based on current rights issue offer, the average cost per share for Khazanah should be approx. 0.60.
To me ~ I'm hoping after all rights subscribed main share will reach 0.60
Good luck with your investment!!! ^_*
Again as mentioned in my previous post, One main point is MAS have stop paying out dividends since 2008. If you are not risk taker, you should consider put it in the bank for FD and get around 3% interest per annum [Link for Banks FD Rates].
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