Maybank Research Stock Picks

Equity Research (Stock Picks)
Large Cap
TENAGA 7.98 TP12.10
GAMUDA 2.77 TP3.80
KNM 0.74 TP1.02
F&N 11.00 TP13.25

Mid Cap
HSL 1.16 TP1.40
GLOMAC 1.35 TP1.78
SUNCITY 3.20 TP4.20
MEDIA PRIMA 1.76 TP2.24

JAN 2010
KINSTEL 1.10 TP8X
TANJUNG OFFSHORE 1.25 TP1.45
GENTING MALAYSIA 2.89 SELL
MEDIA PRIMA 1.86 BUY TP2.08
AIRASIA 1.42 HOLD TP1.35
KNM 0.80 BUY TP1.02
MAXIS 5.33 HOLD TP5.80
SAPURA CREST
PLUS 3.30 BUY TP4.20
GENTING MALAYSIA 6.96 BUY TP8.85
SUNRISE 2.21 BUY TP2.86

FEB 2010
Lafarge 6.30 BUY TP7.40
Petra Perdana RM1.42 Sell
EON Capital RM7.06 Hold
DIGI Com RM22.10 Sell
Bursa Malaysia RM7.71 Sell
EON Capital RM6.85 Hold
- HLB merger back on the table again?

KNM RM0.75 BUY

- An offer for the underlying business “Privatizing” at RM0.90/share.
Petra Perdana RM1.45 Hold
- A new Board, a new beginning
Star Publication RM3.28 Hold
AMMB holdings rm4.61 Buy
WCT RM2.62 Buy OSK buy TP3.30
Fraser & Neave Holdings RM10.56 Buy TP13.25
Mah Sing Group RM1.80 Buy TP2.56
Kinsteel Hold TP1.03 (downgrade) Steel Industry: Neutral
Ann Joo Hold TP2.60 (maintain)
Maybank RM6.70: Not Rated OSK Buy TP7.05 MIDF Neutral
F&N 10.50 Buy TP13.25
GAB RM6.60 Hold
Dialog Group RM1.34 Hold OSK buy TP1.52
11/02 IOI Corporation RM5.20 Sell TP4.70
11/02 RCE Capital RM0.675 Buy TP0.975
11/02 Notion VTEC RM2.79 Buy TP4.20 (up-scale 53%)
11/02 AmanahRaya REIT RM0.835 Buy TP1.14
11/02 IJM Corporation RM4.40 Hold
11/02 Air Asia RM1.38 Hold TP1.35
11/02 CB INdustrial Product Holding RM2.62 Buy TP4.40
12/02 Berjaya Toto RM4.27 Sell
12/02 BAT RM42.10 Hold TP43.00
12/02 Star Publications RM3.20 Hold TP3.37
12/02 MBM Resources 2.55 Buy TP3.20
17/02 LITRAK RM2.89 Buy TP3.55 potential 22% ipside DY5.5%
18/02 Mah Sing Group (MSGB) RM1.80 Buy TP2.56
19/02 Loh & Loh Corporation RM4.98 Buy TP5.35
19/02 DIGI RM22.48 Hold (from Sell) TP23.30
19/02 Petronas GAs RM9.78 Sell TP8.80
22/02 Genting Bhd RM6.36 Buy
22/02 Proton RM3.98 Buy
22/02 EON Capital RM6.90 Hold
23/02 TM RM3.35 Hold (from Buy)
23/02 Tan Chong Motor Holdings (TCM) RM3.05 Buy TP3.60
23/02 MSGB RM1.80 Buy TP2.60
23/02 QL Resources RM3.34 Buy TP3.68
23/02 TH Olantations RM1.49 Buy TP1.84
23/02 EPIC RM1.51 Buy TP1.95
24/03 CIMB RM12.66 Hold TP13.60
24/03 PLUS RM3.37 Buy with a decent net DPS5.6%
24/03 UMW RM6.18 Hold TP6.85
24/03 AEON RM4.98 Hold TP5.10
24/03 Wah Seong (WSC) RM2.32 Buy TP2.80 O&G
24/03 JTI RM5.09 Buy Tp5.60 (from 5.30)
24/03 Tanjung Offshore RM1.07 Buy TP1.45
25/03 MISC RM7.95 Buy TP9.05
25/03 Axiata RM3.50 Hold TP3.60
25/03 KLK RM16.68 Hold TP15.00
25/03 Genting Plantations RM6.18 Hold TP6.10
25/03 MAH RM4.95 Hold TP under review
25/03 WCT RM2.65 Buy TP3.40
25/03 KFC RM7.94 Hold TP under review
25/03 Carlsberg RM4.56 Hold TP4.60
25/03 Sunway Holdings RM1.40 Buy Tp2.10
25/03 Loh & Loh RM4.60 Buy TP5.80
25/03 Shell RM10.70 Ceasing Coverage







CIMB RESEARCH
AXIATA TP3.86
KENCANA 1.42 TP2.00