KERJAYA: Long term hold should be rewarded

Kerjaya Prospek Group Berhad is an investment holding company engaged in three businesses namely, Construction,Kitchen Cabinetry and Lighting. The construction segment apart from building construction, is involved in project management, interior fit-out business and miscellaneous construction related services for the premium residential property segment. The kitchen cabinetry business is involved in designing, building mock-ups, production and implementation. While the lighting division is involved in the manufacture, assembly, installation and sale of light fittings, furniture, and advertising point-of-sale and related products in Malaysia and internationally. The company offers indoor and outdoor light fittings, aluminum lighting louvres, die cast alloy products, In addition, it provides management and consultancy services.

Daily chart:

Sustainable profit making.

(Share) Stock pick

Dear trader,
Potential stock to buy today:
10/8/2016

1) POS (4634)
Price : 3.19
Target price: 3.60
Cut loss: 2.90
Sector: Trading Services
**syariah counter

2) KAREX (5247)
Price : 2.53
Target price: 2.79
Cut loss:2.49,2.29
Sector: Consumer
***No Shariah

3) EMETALL (7217)
Price : 0.835
Target price: 1.00
Cut loss: 0.76
Sector: Industrial Product
***Shariah

4) KERJAYA (7161)
Price : 2.39
Target price: 2.80
Cut loss: 2.35,2.23
Sector: Construction
* **Shariah

5) TAANN (5012)
Price : 3.52
Target price: 3.75
Cut loss: 3.25
Sector: Industrial
***Shariah

6) VS (6963)
Price : 1.38
Target Price : 1.54
Cut Loss : 1.30
Sector : Industrial
***Shariah
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 here of and is subject to change.