(Share) Stock pick

Dear trader,
Potential stock to buy today:
21/07/2016

1) GESHEN (7197)
Price            : RM1.85
Target price: RM2.08
Cut loss       : RM1.70
* SYARIAH COUNTER*

2) HSL (6238)
Price            : RM1.76
Target price: RM1.87/ RM1.95
Cut loss       : RM1.68
* SYARIAH COUNTER*

3) HARBOUR (2062)
Price            : RM1.05
Target price: RM1.15/ RM1.23
Cut loss       : RM0.900
* SYARIAH COUNTER*

4) KUB (6874)
Price            : RM0.405
Target price: RM0.450
Cut loss       : RM0.360
* SYARIAH COUNTER*

5) E&O (3417)
Price            : RM1.83
Target price: RM2.00/ RM2.12
Cut loss       : RM1.70
* SYARIAH COUNTER*

6) AWC (7579)
Price            : RM0.845
Target price: RM0.960
Cut loss       : RM0.770
* SYARIAH COUNTER*

Source : RHB RESEARCH INSTITUTE

Disclaimers: This trading ideas are issued and distributed in Malaysia by RHBIB only . The views and opinions in this ideas are our own as of the date hereof and is subject to change.

Sarawak elections stock pick

Stock Picks for Sarawak Elections

SCable - Beneficiary of ramp up in Sarawak’s generation capacity via transmission line contracts. Also looking to supply guardrails and lamp poles for the PBH.

HSL - Marine engineering expertise provides an edge to bid for PBH given Sarawak’s swampy terrain.

CMS - Beneficiary of PBH via construction and supply of aggregates. Also a cement monopoly in Sarawak.

Naim - Said to be top contender (JV with Gamuda) for one of the earlier PBH packages.

TRC - Only Peninsular cont ractor that can bid for state funded jobs. Has competed RM1bn jobs in Sarawak.

Harbour – To benefit from Sarawak’s overall devel opment via increase in demand for project cargo.