RHB RESEARCH INSIGHTS – PICK OF THE DAY: TAMBUN INDAH

RHB RESEARCH INSIGHTS – PICK OF THE DAY: TAMBUN INDAH

 

RHB
OSK
Thursday, 06 March 2014
Bursa Malaysia Trade Statistics – 05 Mar 2014
Participation
(%)
Bought
(RM m)
Sold
(RM m)
Net
(RM m)
Institutions 58.9 1,306.6 1,229.9 76.7
Retail 20.6 441.3 445.2 -3.9
Foreign 20.5 406.3 479.1 -72.8
Total 100.0 2,154.2 2,154.2 0.0
Source: theSundaily – Business
Daily Recommendations
buy buy FAIR VALUE MYR 2.20 Tambun Indah Land
Featured Reports
Tambun Indah Land – Batu Kawan Developments To Spur Sales
BUY FAIR VALUE: MYR 2.20
TILB’s briefing was very well attended yesterday. On the back of MYR600m in new projects to be launched this year, management’s MYR500m sales target can easily be achieved given YTD bookings of MYR140m. We are, therefore, confident with our earnings forecast. In anticipation of more news flow on Batu Kawan, we maintain our positive view on TILB. Maintain BUY with an unchanged MYR2.20…
Download PDF ( EN )
Latest Reports for the Day
FTSE Singapore Straits Times Index – Good RecoveryThe index has recovered well from the setback seen on Monday. It managed to climb back above both 3,100 pts and the 50-day MAV line, where…

Download PDF ( EN )

Dow Jones Industrial Average Futures – Approaching Historical High Of 16,535 PtsStay long if the 16,000-pt level holds up. The Dow Jones Industrial Average recorded an exceptionally long white candle, which may…

Download PDF ( EN )

Plantation – The CPO Bulls Are ChargingThe general tone of Palm Oil Conference (POC) 2014 was bullish. Many speakers highlighted biodiesel demand and weather issues as the main drivers …

Download PDF ( EN )

Banks – A Decent 4QCY13 Reporting QuarterThe recent 4QCY13 reporting period was decent, despite sector net profit easing 3% q-o-q (+8% y-o-y). A pickup in loan growth, …

Download PDF ( EN )

Tambun Indah Land – Batu Kawan Developments To Spur SalesTILB’s briefing was very well attended yesterday. On the back of MYR600m in new projects to be launched this year,…

Download PDF ( EN )

FKLI & FCPO – 6 March 2014FKLI: Staying Above The 50-day MAV Line Stay long above 1,812 pts. The index has responded positively to the “Bullish Engulfing…

Download PDF ( EN )

www.rhbinvest.com | 1300 888 675
MalaysiaSingaporeHong KongCambodiaIndonesiaThailand
RHB Research Guide to Investment Ratings
Buy: Share price may exceed 10% over the next 12 months
Trading Buy: Share price may exceed 15% over the next 3 months, however longer-term outlook remains uncertain
Neutral: Share price may fall within the range of +/- 10% over the next 12 months
Take Profit: Target price has been attained. Look to accumulate at lower levels
Sell: Share price may fall by more than 10% over the next 12 months
Not Rated (NR): Stock is not within regular research coverage
Please contact our Call Centre for any queries via:
Email: support@rhbgroup.com or Snail Mail: RHB Investment Bank Berhad
13th Floor, Plaza OSK, Jalan Ampang, 50450 Kuala Lumpur, Malaysia
Trading disclaimer: All research is based on material compiled from data considered to be reliable at the time of writing. However, information and opinions expressed will be subject to change, and no part of this report is to be construed as an offer or solicitation of an offer to transact any securities or financial instruments whether referred to herein or otherwise. We do not accept any liability directly or indirectly that may arise from investment decision-making based on this report. RHB group of companies, its respective directors, officers, employees and/or connected persons may periodically hold an interest and/or underwriting commitments in the securities mentioned. All Rights Reserved. No part of this publication may be used or re-produced without expressed permission from RHB Research. Published and printed by :-
RHB RESEARCH INSTITUTE SDN. BHD. (233327-M)
(A wholly-owned subsidiary of RHB Investment Bank Berhad)
Disclaimer:The information in this e-mail and any attachment(s) hereto is intended solely for the use of the intended recipient to whom it is addressed and others authorized to receive it. It may contain confidential and/or legally privileged information. If you are not the intended recipient or have received this communication in error, please notify us immediately by responding to this email and then deleting it from your system. If you are not the intended recipient, any use of, reliance on, reference to, disclosure of, alteration to or copying and/or distribution of the information contained in this email, for any purpose is strictly prohibited and may be unlawful. RHB shall not be liable for any loss and/or damage caused by viruses transmitted by this e-mail or its attachments nor for the proper and complete transmission of the information contained in this communication nor for any delay in its receipt.
Read our Terms and Conditions | Privacy Policy