Current Index = 514.51
Target Index = 516.6 , 520.4
Among others index, Consumer is looking more bullish, and expecting it to continue the run.
On Friday, counters like BAT, CARLSBG, GAB, PADINI, DLADY, YHS and etc are the big contributor to the index. Lets see some counter from consumer index and target range.
YHS (4642)
YEO HIAP SENG (MALAYSIA) BERHAD
YHS has been on the run from Dec 2011, from price of RM1.70 to RM3. Almost 100% of increment.
YHS has issued a dividend as below:
EX-date |
:
| 20/06/2012 | |
Entitlement date |
:
| 22/06/2012 | |
Entitlement time |
:
| 05:00:00 PM | |
Entitlement subject |
:
| Final Dividend | |
Entitlement description |
:
|
|
Next price target = RM3.20
BAT (4162)
BRITISH AMERICAN TOBACCO (MALAYSIA) BERHAD
We are looking for share to break previous high, RM56.8.
From charts:
- Wm%R & Stoch have started reversal.
- Parabolic started to reverse as on Friday put a stop to bearish.
- RSI shown a sign of rebound.
- MACD also shown reversal.
- Only MFI still not showing reversal and now at below 50%. Once reverse, should be good for this share.
PADINI (7052)
PADINI HOLDINGS BERHAD
After dividend has been issued, price dropped to RM1.37. Slowly price started to picking up and price closed on Friday at RM1.53
- Stoch & Wm%R are looking uptrend.
- ADX = +DI going higher and above -DI.
- MFI is still below 50%.
- Momentum going higher.
CARLSBG
CARLSBERG BREWERY MALAYSIA BERHAD
The company has issued a dividend as follow:
EX-date |
:
| 02/05/2012 | |
Entitlement date |
:
| 04/05/2012 | |
Entitlement time |
:
| 05:00:00 PM | |
Entitlement subject |
:
| Final Dividend | |
Entitlement description |
:
|
|
Target price = RM12.0
BONIA (9288)
BONIA CORPORATION BERHAD
On Friday, very high volume traded with increment of 4cent to closed at RM2.52.
MFI is going higher, and we are looking for higher price soon.
1st target is RM2.59, then RM2.64.
GAB (3255)
GUINNESS ANCHOR BERHAD
Price started to move upside from 2 trading days ago.
ADX & MACD are about to cross to form an uptrend.
Next target is RM13.16, RM13.29 & RM13.47
padini looking for 1.60 and 1.65
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