Friday, October 30, 2020

2021 Budget Preview

 AEON (TP:RM1.25), AIRPORT (TP:RM7.05), AMWAY (TP:RM6.00), AXIATA (TP:RM4.40), CARLSBERG (TP:RM24.50), CMSB (TP:RM1.76), F&N (TP: RM42.00) GDB (TP:RM0.73), GENM (TP:RM3.04), GENTING (TP:RM4.89), GLOMAC (TP: RM0.32), HEINEKEN (TP:RM26.00), INTA (TP:RM0.53), IOIPG(TP:RM1.06), JOHOTIN (TP:RM2.10), PADINI (TP: RM2.90), SP SETIA (TP:RM1.06) and SUNWAY (TP:RM1.58).

Stocks On Radar

RHB ♦️ Investment Bank Bhd. RHB Retail Research. Technical Analyzer


QL Resources (7084)

Sector: Consumer Prod & Svcs

Sub-sector: Agricultural Prod

Outlook: pending breakout MYR6.55

Levels: MYR6.70, MYR6.94

Exit: MYR6.30

(time frame: 2-4 weeks)


Spring Art (0216)

Sector: Consumer Prod & Svcs

Sub-sector: Household Goods

Outlook: pending breakout MYR0.26

Levels: MYR0.275, MYR0.29

Exit: MYR0.235

(time frame: 2-4 weeks)


Berjaya Sports Toto (1562)

Sector: Consumer Prod & Svcs

Sub-sector: Travel, Leisure & Hospitality

Outlook: pending breakout MYR2.00

Levels: MYR2.06, MYR2.12

Exit: MYR1.93

(time frame: 2-4 weeks)


Gadang (9261)

Sector: Construction

Sub-sector: Construction 

Outlook: Breakout MYR0.385

Levels: MYR0.40, MYR0.42

Exit: MYR0.36

(time frame: 2-4 weeks)