Rimbunan Sawit Bhd (RIMB.KL) (3)

Overview:

Rimbunan Sawit Berhad (RSB) is engaged in the business of investment holding and the provision of management services. The Company through its subsidiaries is engaged in cultivation of oil palms. It is a palm oil producer and processor of crude palm oils and oil palm seeds. 
During the year ended December 31, 2011, the Company acquired 100% interest in Burung Tiong Helicopter Sdn Bhd. 
As of December 31, 2011, the Company owns approximately 91,793 hectares (ha) of plantation land in Miri, Kuching and Sibu, Sarawak. 
During 2011, the Company acquired an additional 15% interest in Nescaya Palma Sdn Bhd (NPSB), Woodijaya Sdn Bhd (Woodijaya), Novelpac-Puncakdana Plantation Sdn Bhd (Novelpac) and PJP Pelita Biawak Plantation Sdn Bhd (Biawak). 
On December 30, 2011, the Company acquired a parcel of land with oil palm plantation from Sheba Resources Sdn Bhd. 
In July 2012, the Company acquired RSB Palm Oil Mill Sdn. Bhd.

Trading Plan:

1) Trendline - 50MA breakout at RM 0.775
2) Volume: High but not consistent
3) MACD: Second Green (Positive>Bullish)
4) Smoothed RSI : At 61.4%. RSI will go >70% once Plantation sector in play.
5) Support/Resistance: Supported at RM 0.775. Resistance at RM 0.800 & RM 0.850(100MA).Today close RM 0.790
6) Beta: 1.65
7) Candlestick: Bullish
8) Pattern: Bullish after breakout at RM 0.800

Trading Plan 1:
Entry: RM 0.805 or higher
Profit: RM 0.850
Cut loss: RM 0.775
RRR (Risk to Reward Ratio)> 1 : 2
Trading Plan 2:
Entry: RM 0.805
Profit: RM 0.950
Cut loss: RM 0.775
RRR (Risk to Reward Ratio)> 1 : 4.5

Scenarios Analysis:
1) Breakout above 0.800 on the next following day
2) Other plantation stocks in play?

Tok

Plantation Sector

KLSE Plantation sector likely to rebound to test its resistance after KLSE Construction sector and Properties sector are doing well and in play for some time.

Benalec Holdings Bhd (BENL.KL) 3

Overview:

Benalec Holdings Berhad is an investment holding company. 
The Company and its subsidiaries are engaged in marine construction and civil engineering, shipbuilding and ship trading, and vessel chartering. 
The Company operates in three segments: Marine construction, Vessel chartering and Shipbuilding. 
Marine construction includes land reclamation, dredging and beach nourishment; rock revetment works, shore protection works and breakwater construction; pre-bore and marine piling, and construction of marine structures, bridges, jetties, ports and other offshore and ancillary services. 
Vessel chartering includes chartering of vessels on time and voyage charters. 
Shipbuilding includes Shipbuilding and providing ship repair, maintenance, fabrication and refurbishment services. 
In January 2012, it acquired Sentosa Enigma Sdn Bhd and Multi Achievement Sdn Bhd. As of May 28, 2012, Oceancove Sdn Bhd had 52.38% of interest in the Company. 
On June 6, 2012, it acquired Goldnet Synergy Sdn Bhd.

Trading Plan:

Entry: RM 1.20
Profit: RM 1.27
Cut loss: RM 1.17
RRR (Risk to Reward Ratio)> 1 : 2

Analysis:

1) Trendline - Below 20MA (Downtrend). Wait for breakout at 20MA
2) Volume: High
3) MACD: Start showing first Green
4) Smoothed RSI : At 49.5% and hook up. Still not oversold.
5) Support/Resistance: Supported at RM 1.17
6) Beta: --
7) Candlestick: Rervesal
8) Pattern: Bullish!

Tok

YTL Power International Bhd (YTLP.KL)

Overview:

YTL Power International Berhad is an investment holding company, which provides administrative and technical support services. It operates in five segments: power generation, multi utilities business, Water and sewerage, mobile broadband network and Investment holding and other businesses. Its subsidiaries are engaged in provision of wired line and wireless broadband access; developing and marketing voice over Internet protocol telephony and other network media appliances for service provider and developing, constructing, maintaining and operating power plants; providing public entertainment and waste water services. In November 2012, it acquired YTL Infrastructure Limited. In December 2012, YTL Power Investments Limited, an indirect wholly owned subsidiary of the Company incorporated in the Cayman Islands, had disposed of all its interest in Swiss Water System AG. In December 2012, it incorporated two corporations, namely Sword Bidco Limited and and Sword Bidco (Holdings) Limited.

Trading Plan:

1) Trendline: Still below 20MA, waiting for 20MA breakout.
2) Volume: High
3) MACD: Red (Positive>Bearish). Wait for second green when rebound.
4) Smoothed RSI : Waiting to break 20%.
5) Support/Resistance: --
6) Stochastic: Wait for Blue line crossover red line.
7) Beta: 0.61
8) Candlestick: Inverted Hammer
9) Pattern: --

Entry: RM 1.35
Profit: RM 1.50
Cut loss: RM 1.30
RRR (Risk to Reward Ratio) is 1 : 3

Thanks for the comments.

Tok

MY EG Services Bhd (MYEG.KL) 2

Overview:

My E.G. Services Berhad is engaged in the business of development and implementation of the electronic government ( E-Government) services project and the provision of other related services for the E-Government services project, as well as investment holding. 

Its businesses are categorized into two divisions: government to citizen (G2C) and government/enterprise solution (GES). 

G2C services refers to services, such as driving theory test bookings, issuance and renewal of licenses, electronic bill payment and payment (EBPP), as well as online information services, such as traffic summons checking and electronic bankruptcy or liquidation status searches (E-Insolvency). 

GES are non-Internet based services, such as software and enterprise solutions, system development and maintenance, as well as services rendered at the E-Services Centers. 

In February 2012, it acquired MY E.G. Capital Sdn Bhd. (MYEG Capital). O

n March 12, 2012, its subsidiary, MYEG Capital, acquired Ipidato Sdn Bhd.

Trading Plan:

1) Trendline - Still below 20MA, waiting for 20MA breakout at RM 0.77
2) Volume: High
3) MACD: Green (Positive>Bullish)
4) Smoothed RSI : At 47.2%. Waiting to break 50%.
5) Support/Resistance: Supported at RM 0.745. Resistance at RM 0.77.Today close RM 0.765
6)Stochastic: Blue line crossover red line. Uptrend signal is coming.
7) Beta: 0.22
8) Candlestick: ?
9) Pattern: Bullish after breakout at RM 0.77

Analysis:
News: MyEG posted a spectacular +21% for its Q2 profit.
Buy if KLCI in rebound sentiment before GE13.

Entry: RM 0.76
Profit: RM .081
Cut loss: RM 0.745
RRR (Risk to Reward Ratio) is 1 : 3

Thanks for the comments.

Tok