Technical Analyzer

Gamuda (5398)
Sector: Construction
Sub-sector: Construction
Outlook: Breakout MYR3.85
Levels: MYR4.00, MYR4.20
Exit: MYR3.70
(time frame: 2-4 weeks)

MR D.I.Y Group (5296)
Sector: Consumer Prod & Svcs
Sub-sector: Retailers
Outlook: Breakout MYR3.00
Levels: MYR3.16, MYR3.30
Exit: MYR2.68
(time frame: 2-4 weeks)

Malayan Flour Mills (3662)
Sector: Consumer Prod & Svcs
Sub-sector: Food & Beverages
Outlook: Breakout MYR0.70
Levels: MYR0.75, MYR0.79
Exit: MYR0.66
(time frame: 2-4 weeks)

Parlo (0022)
Sector: Consumer Prod & Svcs
Sub-sector: Travel, Leisure & Hospitality
Outlook: Breakout MYR0.63
Levels: MYR0.69, MYR0.74
Exit: MYR0.56
(time frame: 2-4 weeks)

CCK Consolidated (7035) (RM0.625): Technical Buy
Targets: RM0.67, 0.77
Stop: RM0.56

TCS Group (0221) (RM0.535): Technical Buy 
Targets: RM0.59, 0.65
Stop: RM0.45

DUFU (RM3.17-Not-rated) - Riding on the strong HDD markets. Dufu anticipates another strong 4Q20 results (translating into a better FY20 vs FY19), driven largely by the high HDD demand from the enterprise sector and cloud storage. Dufu’s risk mitigation strategy in 2015 to diversify into the non-HDD segment (offering high value creation and carrying better margins than the HDD segment) has started to bear fruits. Valuation is undemanding at 32x trailing P/E (48% below peers), supported by a RM26m net cash. Trend Pending a downtrend line breakout.

R1-R2: 3.30-3.50
LT objective: 3.80 
S1-S2: 3.00-2.90
Cut: 2.88