Malaysia Market Insight

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1. Market Insight Wednesday , 29 June, 2016 16795/03/2013(031743) www.bisonline.com.my Major Highlights        Local & Global Economic News Tanjung Aru Beach to begin transformation next year Wah Seong unit has broken no law, bank accounts unfrozen UEM Edgenta’s subsidiary to manage Malaysia Airlines facilities Govt to inject additional RM333.5m into Sapangar Bay port Apollo Food’s Q4 net profit down by 73% RAM Ratings assigns AAA/Stable to Sarawak Hidro RM5.5bn Sukuk OCK secures US$40.2m financing for Myanmar telco project       Ringgit Rebounds On Improved Brexit Sentiment Malaysian palm oil price on track for steepest monthly decline in nearly 2 years U.S. first-quarter GDP revised up, Brexit risk to outlook Fed's Powell: Brexit has shifted global risks to the downside Oil up 3 percent on post-Brexit buying; big U.S. drawdown eyed Obama may seek trade deals with EU, UK at same time: Kerry KLCI Performance Bursa Malaysia Bursa Malaysia FBMKLCI FBMEMAS FBM100 FBMEMAS Shariah FBM Hijrah Shariah Volume (mn) Value (RMmn) FBMKLCI YTD Chg Close 1,634.04 11,403.30 11,110.70 11,972.34 13,427.70 1,470.26 1,609.28 Change +/4.52 48.24 42.86 52.59 38.04 202.67 312.88 Change % 0.28 0.42 0.39 0.44 0.28 15.99 24.13 -3.45 Change +/233 -188 -38 Change % 78.72 -41.23 -10.56 Scoreboard Close 529 268 322 Gainers Losers Unchanged Sector Indices Regional Indices DJIA NASDAQ S&P 500 FTSE 100 Nikkei 225 HSI SHCOMP KOSPI TWSE STI JCI SET PSEi KLCI Year-End Target: 1,780 points Close 17,409.72 4,691.87 2,036.09 6,140.39 15,323.14 20,172.46 2,912.56 1,936.22 8,505.51 2,756.53 4,882.17 1,437.42 7,666.69 Change +/269.48 97.42 35.55 158.19 13.93 -54.84 16.85 9.37 46.64 26.68 46.12 13.11 -49.21 Change % 1.57 2.12 1.78 2.64 0.09 -0.27 0.58 0.49 0.55 0.98 0.95 0.92 -0.64 YTD Change -0.09 (%) -6.30 -0.38 -1.63 -19.49 -7.95 -17.71 -1.28 2.01 -4.38 6.30 11.60 10.28 Market Valuation (PER) FBMKLCI SHCOMP HSI JCI SET STI PSEi The Research Team bimbresearch@bimbsec.com.my 03-26131735 www.bimbsec.com.my FY16 14.81 13.38 11.11 16.24 15.51 12.55 19.56 FY17 13.76 11.80 10.09 14.06 13.59 11.99 17.69 5Y Average 15.71 11.08 11.05 15.23 13.71 13.91 17.40 Industrial Consumer Industrial Products Construction Finance Property Plantation Technology Close 3,063.57 590.85 138.49 278.64 14,038.45 1,130.11 7,550.27 20.86 Change +/3.27 3.56 0.28 0.84 28.38 10.07 -2.99 0.16 Change % 0.11 0.61 0.20 0.30 0.20 0.90 -0.04 0.77 KLCI Futures Contracts High Low Last Volume Jun-16 1,637.50 1,616.50 1,636.00 19,754.00 Jul-16 1,637.50 1,612.50 1,636.00 17,285.00 Commodities (Most Recent Close) Close Brent Crude (USD/bbl) 48.58 WTI Crude (USD/bbl) 47.85 Gold (USD/ounce) 1,311.81 CPO (RM/MT) 2,378.00 SMR 20 (sen/kg) 517.50 Latex (sen/kg) 442.50 Soybean Oil 31.76 Change +/1.42 0.29 1.63 -1.00 -0.50 -1.50 -0.17 (+/- %) % 3.01 0.61 0.12 -0.04 -0.10 -0.34 -0.53 Forex (per USD1) MYR JPY EUR SGD Change +/-0.0155 0.7500 -0.0033 -0.0096 Change % -0.38 0.74 -0.36 -0.70 Close 4.0773 102.7500 0.9037 1.3535 BIMB Securities| 1
2. Market Insight Major Rates KLIBOR 3-mth KLIBOR 6-mth KLIBOR 12-mth 5-yr MGS 10-yr MGS Daily Participation 3 .65% 3.78% 3.87% 3.40% 3.78% Active Stock Vivocom Hiap Teck Venture Bhd Sapurakencana Petroleum Bhd Trive Property Netx Holdings Participation (%) Change+/0.02 -0.02 0.10 -0.01 0.01 (+/- %) 8.89 -8.70 7.58 -6.67 20.00 Close 25.20 29.60 5.28 3.70 2.00 Change+/0.28 0.20 0.20 0.20 0.19 (+/- %) 1.12 0.68 3.94 5.71 10.50 Close 50.24 26.60 8.71 17.84 6.34 Change+/-0.76 -0.40 -0.21 -0.16 -0.15 (+/- %) -1.49 -1.48 -2.35 -0.89 -2.31 Sold (RMm) Net (RMm) Local Institution 59.2 1046.2 857.4 Local Retail 14.5 234.3 232.9 1.4 Foreign 26.3 328.9 519.1 -190.2 100.0 1,609.4 1,609.4 0.0 Total Close 0.25 0.21 1.42 0.07 0.03 Bought (RMm) 188.8 Top Gainers Fraser & Neave Panasonic Shangri-La Hotels (Mal) Bhd Kawan Food Triplc Top Losers BAT United Plantations Lay Hong Batu Kawan Malaysia Airports www.bimbsec.com.my |2
3. Market Insight LOCAL CORPORATE NEWS Tanjung Aru Beach to begin transformation next year The Tanjung Aru beach here will begin its transformation to turn into a 348ha eco-friendly integrated waterfront next year . Project management company, Savills Development, will begin the first of four-phase Tanjung Aru Eco Development (TAED) in the first quarter of next year and the entire project is expected to be completed end-2019. Project director Peter Adam said the development would entail the revitalisation of the 1.35km Tanjung Aru beach as well as the rejuvenation of Prince Philip Park. (Source: StarBiz) Wah Seong unit has broken no law, bank accounts unfrozen Wah Seong Corp Bhd’s indirect unit PPI Industries Sdn Bhd, one of the steel players whose bank accounts were frozen under the Customs Department’s industry-wide audit earlier this year, did not break any law. The energy infrastructure group told Bursa Malaysia that the audit and investigation conducted by the Customs Department together with other governmental bodies had been completed and found that its welded steel pipe making subsidiary did not breach any laws or regulations. (Source: StarBiz) UEM Edgenta’s subsidiary to manage Malaysia Airlines facilities UEM Edgenta Bhd’s 80%-owned subsidiary KFM Holdings Bhd (KFMH) has netted a RM42.99m contract to provide facilities management services to Malaysia Airlines Bhd (MAB), another company ultimately owned by Khazanah Nasional Bhd. In a filing with Bursa Malaysia, the asset and facilities management firm said the contract period was 34 months or any extended period as stipulated in the contract’s conditions. The services under the contract include comprehensive facilities management services valued at RM33.17m, hotel management services (RM4.12m), mailing services (RM1.24m), cafeteria services (RM365,400) and sinking fund (RM4.1m). (Source: StarBiz) Govt to inject additional RM333.5m into Sapangar Bay port project The Government has boosted the funding allocation to expand the Sapangar Bay Container Port, Sabah’s main container port, by 42% to RM1.134bn. Suria Capital Holdings Bhd, which operates the port through unit Sabah Ports Sdn Bhd, told Bursa Malaysia on Tuesday that the Federal Government had approved an additional sum of RM333.505m for the expansion programme following the recommendation of the Value Management Lab for Sabah Development Corridor project. The additional funding is to cover the cost of the expansion, it said. Sabah Ports, it added, would be responsible for procuring the cargo handling equipment and the additional yard to achieve the 1.25m TEU (20ft equivalent unit) capacity. (Source: StarBiz) Apollo Food’s Q4 net profit down by 73% Apollo Food Holdings Bhd posted a 73.2% plunge in net profit to RM1.75m in the 4Q ended April 30, 2016 from RM6.54m a year ago. In a Bursa filing on Tuesday, the company said the fall in earnings was due to the provision of impairment loss on one of leasehold buildings, annual salary increments and foreign exchange losses. Apollo expects that its operating environment would be tougher in both the current and coming financial years in view of the increase in costs of raw materials and the volatility of the ringgit against foreign currencies. (Source: StarBiz) RAM Ratings assigns AAA/Stable to Sarawak Hidro RM5.5bn Sukuk RAM Rating Services has assigned a preliminary rating of AAA/Stable to Sarawak Hidro Sdn Bhd’s proposed Sukuk Murabahah of up to RM5.54bn in nominal value. It said on Tuesday the rating for the proposed Sukuk considered the Federal Government’s commitment to top up any shortfall in cashflow throughout the life of the proposed Sukuk. (Source: StarBiz) OCK secures US$40.2m financing for Myanmar telco project OCK Group Bhd, which in December inked a deal with Telenor Myanmar Ltd to build 920 telecommunications towers in Myanmar, has clinched a syndicated term loan facility of up to US$40.2m (RM163.9m) for the project. The telecommunications network service provider said in a statement that its unit OCK Yangon Pte Ltd had signed the agreement for the facility in Yangon with four Myanmar incorporated banks -- OCBC Bank Yangon branch, Malayan Banking Bhd Yangon branch, United Overseas Bank Ltd Yangon branch and Bangkok Bank Public Co Ltd Yangon branch. OCBC Bank is one of the joint mandated lead arrangers as well as the facility agent and offshore security agent for the US$40.2m syndicated loan facility. (Source: StarBiz) www.bimbsec.com.my |3
4. Market Insight LOCAL AND GLOBAL ECONOMIC NEWS Ringgit rebounds on improved Brexit sentiment The ringgit rebounded to close marginally higher against the US dollar , as sentiment towards the Brexit was improving slightly. At 5 pm, the ringgit was higher at 4.0725/0785 against the greenback from Monday's 4.0910/0010. (Source: Bernama) Malaysian palm oil price on track for steepest monthly decline in nearly 2 years Malaysian palm oil futures closed slightly lower on Tuesday evening on the back of slow export demand, erasing gains earlier in the day when prices were tracking stronger performing soy. Palm oil output is also forecast to rise in line with the seasonal growing trend from now until the end of the year, contributing to palm's bearish outlook. Benchmark palm oil futures for September delivery on the Bursa Malaysia Derivatives Exchange dropped 0.04 percent to 2,378 ringgit ($584) per tonne in the evening. Traded volumes stood at 49,328 lots of 25 tonnes each, higher than the 2015 daily average of 44,600 lots. (Source: Starbiz) U.S. first-quarter GDP revised up, Brexit risk to outlook U.S. economic growth slowed in the first quarter but not as sharply as previously estimated, and while there are signs of a pickup in the second quarter, analysts worry Britain's vote to leave the European Union could hurt activity later this year. Gross domestic product increased at a 1.1 percent annual rate, rather than the 0.8 percent pace reported last month, the Commerce Department said on Tuesday in its third GDP estimate. The economy grew at a rate of 1.4 percent in the fourth quarter. (Source: Reuters) Fed's Powell: Brexit has shifted global risks to the downside Britain's vote to leave the European Union could pose a new drag on the U.S. economy at a time when momentum in the U.S. job market may already by slowing, Federal Reserve governor Jerome Powell said on Tuesday. In the first of Fed policymakers to comment since the shock vote in Britain last week, Powell said the Brexit referendum had shifted global risks "to the downside," potentially posing a new threat to the Fed's outlook. Policymakers had set aside a possible rate hike in June awaiting the outcome of the British vote and the possible disruption of global markets. With the unexpected victory of the "Leave" camp, many economists and analysts now expect the Fed to keep rates on hold until late this year, if not longer, as the terms of British exit are negotiated, and the impact on global trade, investment and currency values is analyzed.. (Source: Reuters) Oil up 3 percent on post-Brexit buying; big U.S. drawdown eyed Oil prices jumped 3 percent or more on Tuesday with investors buying back into the market after a two-day rout triggered by Britain's vote to leave the European Union. Potential oil supply outages and crude inventory drawdowns also returned investors' attention to market fundamentals. A looming strike at several Norwegian oil and gas fields helped put a floor beneath crude futures after an 8 percent price slump over two days. Investors were also counting on a sizeable and a sixth weekly drop in U.S. crude stockpiles. (Source: StarBiz) Obama may seek trade deals with EU, UK at same time: Kerry U.S. President Barack Obama may try to negotiate a bilateral trade deal with Britain and a multilateral trade pact with the European Union at the same time following the "Brexit" vote, U.S. Secretary of State John Kerry said on Tuesday. "I think given what has happened, the president is going to try to do both at the same time. He knows how to multitask," Kerry said at a conference in Aspen, Colorado, when asked about Obama's April comment that the United States would focus on a wider trade deal with the EU and Britain would go to the "back of the queue" if it voted to leave the EU as it did on Thursday.. (Source: Reuters) www.bimbsec.com.my |4
5. Market Insight ECONOMIC CALENDAR Date Time Country 06 /29/2016 01:30 06/29/2016 05:00 06/29/2016 05:00 06/29/2016 07:50 06/29/2016 07:50 06/29/2016 07:50 06/29/2016 09:00 06/29/2016 09:45 06/29/2016 10:00 06/29/2016 10:00 06/29/2016 11:00 06/29/2016 12:30 06/29/2016 13:00 06/29/2016 14:00 06/29/2016 14:00 06/29/2016 14:00 06/29/2016 14:00 06/29/2016 15:00 06/29/2016 15:00 06/29/2016 15:00 06/29/2016 15:00 06/29/2016 15:00 06/29/2016 15:00 06/29/2016 15:00 06/29/2016 15:00 06/29/2016 15:00 06/29/2016 15:30 06/29/2016 16:00 06/29/2016 16:00 06/29/2016 16:00 06/29/2016 16:00 06/29/2016 16:00 06/29/2016 16:00 06/29/2016 16:00 06/29/2016 16:00 06/29/2016 16:30 06/29/2016 16:30 06/29/2016 16:30 06/29/2016 16:30 06/29/2016 16:30 06/29/2016 16:30 06/29/2016 16:30 06/29/2016 16:30 06/29/2016 16:30 06/29/2016 16:30 06/29/2016 17:00 06/29/2016 17:00 06/29/2016 17:00 06/29/2016 17:00 06/29/2016 17:00 06/29/2016 18:00 06/29/2016 18:00 06/29/2016 19:00 BZ SK SK JN JN JN AU CH SK SK PH NE JN GE SZ UK UK GE GE SP SP TU SP SP SP SP SW NO GE GE GE GE GE GE AS PO PO UK UK UK UK UK UK GE GE EC EC EC EC EC IR IR US www.bimbsec.com.my Event Central Govt Budget Balance Business Survey Non-Manufacturing Business Survey Manufacturing Retail Trade YoY Retail Sales MoM Dept. Store, Supermarket Sales HIA New Home Sales MoM Westpac-MNI Consumer Sentiment Discount Store Sales YoY Department Store Sales YoY Budget Balance PHP Producer Confidence Index Small Business Confidence GfK Consumer Confidence UBS Consumption Indicator Nationwide House PX MoM Nationwide House Px NSA YoY CPI Saxony MoM CPI Saxony YoY Total Mortgage Lending YoY House Mortgage Approvals YoY Economic Confidence CPI EU Harmonised MoM CPI EU Harmonised YoY CPI MoM CPI YoY Household Lending YoY Retail Sales W/Auto Fuel MoM CPI Brandenburg MoM CPI Brandenburg YoY CPI Hesse MoM CPI Hesse YoY CPI Bavaria MoM CPI Bavaria YoY Bank Austria Manufacturing PMI Consumer Confidence Index Economic Climate Indicator Net Consumer Credit Net Lending Sec. on Dwellings Mortgage Approvals Money Supply M4 MoM M4 Money Supply YoY M4 Ex IOFCs 3M Annualised CPI North Rhine Westphalia MoM CPI North Rhine Westphalia YoY Economic Confidence Business Climate Indicator Industrial Confidence Services Confidence Consumer Confidence Property Prices MoM Property Prices YoY MBA Mortgage Applications Survey May Jul Jul May May May May Jun May May Apr Jun Jun Jul May Jun Jun Jun Jun Apr Apr Jun Jun P Jun P Jun P Jun P May May Jun Jun Jun Jun Jun Jun Jun Jun Jun May May May May May May Jun Jun Jun Jun Jun Jun Jun F May May 24-Jun -15.7b ---1.60% 0.00% -1.50% -----4.7 46 9.8 -0.00% 4.90% -----0.30% -1.00% --0.90% -0.40% ---------1.5b 2.2b 65.3k --2.60% --104.7 0.26 -3.4 11 -7.3 ---- Actual Prior Revised -15.5b 9.8b -72 73 -72 74 --1.90% -0.80% -0.90% 0.00% 0.00% -0.10% -2.20% -0.70% ---4.70% --114.2 --1.70% --4.30% ---74.4b --4.4 --45.6 --9.8 --1.47 --0.20% --4.70% --0.40% --0.10% --9.80% --14.50% --82.3 --0.50% ---1.10% --0.50% ---1.00% --7.70% --0.00% --0.30% ---0.20% --0.40% --0.00% --0.40% --0.30% --52 ---11.9 --1.2 --1.3b --0.3b --66.3k ---0.10% --1.00% --4.10% --0.40% --0.20% --104.7 --0.26 ---3.6 --11.3 ---7.3 --0.30% --7.10% --2.90% -Source: Bloomberg, BIMB Securities |5
6. Market Insight PIVOT POINT ANALYSIS Stocks Closing Price S3 S2 S1 Pivot Point R1 R2 R3 Est . Weighting. FBMKLCI Index FBM Hijrah Shariah 1634.04 13427.70 1611.66 13241.66 1616.30 13276.35 1626.58 13365.69 1631.22 13400.38 1641.50 13489.72 1646.14 13524.41 1656.42 13613.75 n.a. n.a. APM Automotive Delloyd Ventures MBM Resources Tan Chong UMW 3.600 N.A. 1.970 1.910 5.700 3.525 N.A. 1.940 1.880 5.325 3.563 N.A. 1.955 1.885 5.413 3.575 N.A. 1.960 1.900 5.575 3.613 N.A. 1.975 1.905 5.663 3.625 N.A. 1.980 1.920 5.825 3.663 N.A. 1.995 1.925 5.913 3.675 N.A. 2.000 1.940 6.075 0.248% 0.000% 0.27% 0.439% 2.347% Building Materials Ann Joo Resource Alum Co of Malay Choo Bee Metal CSC Steel 1.050 0.810 1.410 1.280 0.990 N.A. 1.410 1.265 1.020 N.A. 1.410 1.273 1.030 N.A. 1.410 1.275 1.060 N.A. 1.410 1.283 1.070 N.A. 1.410 1.285 1.100 N.A. 1.410 1.293 1.110 N.A. 1.410 1.295 0.185% 0.038% 0.054% 0.166% Eksons Corp Engtex Group Goh Ban Huat Hiap Teck Jaks Resources Java Kim Hin Ind Kinsteel Lafarge M Cement Lion Corp Lion Industries Malaysia Smelting Masteel Melewar Ind MTD ACPI Pantech Perwaja Press Metal Southern Steel Tasek Tong Herr 0.980 1.170 1.400 0.210 0.940 0.085 1.710 0.075 7.800 0.025 0.320 2.600 0.515 0.330 0.260 0.575 0.100 3.430 0.980 14.700 1.940 0.950 1.110 N.A. 0.158 0.880 N.A. N.A. 0.068 7.575 0.025 0.305 2.585 0.485 0.315 N.A. 0.575 0.100 3.250 0.980 14.370 1.925 0.965 1.120 N.A. 0.169 0.893 N.A. N.A. 0.071 7.623 0.025 0.308 2.593 0.490 0.320 N.A. 0.575 0.100 3.295 0.980 14.485 1.933 0.970 1.150 N.A. 0.193 0.920 N.A. N.A. 0.073 7.725 0.025 0.315 2.595 0.505 0.325 N.A. 0.575 0.100 3.370 0.980 14.590 1.935 0.985 1.160 N.A. 0.204 0.933 N.A. N.A. 0.076 7.773 0.025 0.318 2.603 0.510 0.330 N.A. 0.575 0.100 3.415 0.980 14.705 1.943 0.990 1.190 N.A. 0.228 0.960 N.A. N.A. 0.078 7.875 0.025 0.325 2.605 0.525 0.335 N.A. 0.575 0.100 3.490 0.980 14.810 1.945 1.005 1.200 N.A. 0.239 0.973 N.A. N.A. 0.081 7.923 0.025 0.328 2.613 0.530 0.340 N.A. 0.575 0.100 3.535 0.980 14.925 1.953 1.010 1.230 N.A. 0.263 1.000 N.A. N.A. 0.083 8.025 0.025 0.335 2.615 0.545 0.345 N.A. 0.575 0.100 3.610 0.980 15.030 1.955 0.056% 0.125% 0.092% 0.053% 0.145% 0.005% 0.085% 0.028% 2.336% 0.012% 0.078% 0.092% 0.044% 0.026% 0.021% 0.124% 0.020% 1.572% 0.145% 0.628% 0.085% Conglomerates Cahya Mata Sarawak Lion Diversified Hap Seng Cons MMC Sime Darby YTL Corp 3.500 0.045 7.660 1.950 7.460 1.610 3.245 0.038 7.465 1.935 7.370 1.565 3.298 0.041 7.508 1.943 7.405 1.578 3.415 0.043 7.595 1.945 7.430 1.595 3.468 0.046 7.638 1.953 7.465 1.608 3.585 0.048 7.725 1.955 7.490 1.625 3.638 0.051 7.768 1.963 7.525 1.638 3.755 0.053 7.855 1.965 7.550 1.655 1.325% 0.022% 6.515% 2.09% 16.634% 5.911% Construction AZRB Ekovest Fajar Baru Favelle Favco Gamuda Hock Seng Lee IJM Corp Kimlun KKB Engineer MRCB 0.655 1.490 0.560 2.500 4.800 1.660 3.400 1.810 1.380 1.060 0.618 1.430 0.500 2.470 4.695 1.645 3.355 1.705 1.290 1.015 0.629 1.445 0.510 2.480 4.713 1.648 3.368 1.738 1.320 1.028 0.643 1.470 0.540 2.490 4.765 1.655 3.385 1.775 1.350 1.045 0.654 1.485 0.550 2.500 4.783 1.658 3.398 1.808 1.380 1.058 0.668 1.510 0.580 2.510 4.835 1.665 3.415 1.845 1.410 1.075 0.679 1.525 0.590 2.520 4.853 1.668 3.428 1.878 1.440 1.088 0.693 1.550 0.620 2.530 4.905 1.675 3.445 1.915 1.470 1.105 0.111% 0.449% 0.071% 0.194% 4.088% 0.321% 4.313% 0.192% 0.125% 0.705% Autos www.bimbsec.com.my |6
7. Market Insight Closing Price S3 S2 S1 Pivot Point R1 R2 R3 Mudajaya Muhibbah Naim Hold Sunway Hldgs TRC Synergy TSR Capital Bhd Zelan 1 .070 2.200 1.790 3.000 0.385 0.510 0.155 1.025 2.140 1.760 2.970 0.385 0.510 0.148 1.038 2.155 1.765 2.975 0.385 0.510 0.149 1.055 2.180 1.780 2.990 0.385 0.510 0.153 1.068 2.195 1.785 2.995 0.385 0.510 0.154 1.085 2.220 1.800 3.010 0.385 0.510 0.158 1.098 2.235 1.805 3.015 0.385 0.510 0.159 1.115 2.260 1.820 3.030 0.385 0.510 0.163 0.20% 0.37% 0.15% 2.123% 0.065% 0.031% 0.046% Consumer/Retail Aeon Co (M) Ajinomoto Apollo Food Bonia CI Holdings Cocoaland Dutch Lady Guan Chong Hai-O Ent Hovid Hup seng Inds K-Star Sports Multi Sports Padini Parkson Holdings Pelikan International Poh Kong QL Resources Silver Bird Three-A Resource Xingquan Int’l Yee Lee Corp Zhulian 2.550 12.360 5.680 0.565 2.580 2.010 58.120 0.900 2.730 0.385 1.360 0.050 N.A. 2.280 0.830 0.780 0.515 4.390 N.A. 1.320 0.235 2.220 1.380 2.505 12.210 5.560 0.550 2.520 1.965 57.700 0.870 2.655 0.370 1.330 0.035 N.A. 2.115 0.800 N.A. 0.508 4.255 N.A. 1.260 0.220 2.175 1.335 2.528 12.285 5.580 0.555 2.535 1.988 57.860 0.875 2.668 0.373 1.335 0.038 N.A. 2.148 0.805 N.A. 0.511 4.293 N.A. 1.270 0.225 2.183 1.343 2.535 12.310 5.640 0.560 2.560 1.995 57.980 0.890 2.705 0.380 1.350 0.045 N.A. 2.225 0.820 N.A. 0.513 4.345 N.A. 1.300 0.230 2.205 1.365 2.558 12.385 5.660 0.565 2.575 2.018 58.140 0.895 2.718 0.383 1.355 0.048 N.A. 2.258 0.825 N.A. 0.516 4.383 N.A. 1.310 0.235 2.213 1.373 2.565 12.410 5.720 0.570 2.600 2.025 58.260 0.910 2.755 0.390 1.370 0.055 N.A. 2.335 0.840 N.A. 0.518 4.435 N.A. 1.340 0.240 2.235 1.395 2.588 12.485 5.740 0.575 2.615 2.048 58.420 0.915 2.768 0.393 1.375 0.058 N.A. 2.368 0.845 N.A. 0.521 4.473 N.A. 1.350 0.245 2.243 1.403 2.595 12.510 5.800 0.580 2.640 2.055 58.540 0.930 2.805 0.400 1.390 0.065 N.A. 2.445 0.860 N.A. 0.523 4.525 N.A. 1.380 0.250 2.265 1.425 1.262% 0.265% 0.160% 0.161% 0.147% 0.162% 1.311% 0.152% 0.186% 0.111% 0.383% 0.005% 0.000% 0.529% 0.305% 0.151% 0.074% 1.931% 0.000% 0.183% 0.049% 0.147% 0.224% N.A. N.A. 1.200 N.A. N.A. 1.125 N.A. N.A. 1.163 N.A. N.A. 1.175 N.A. N.A. 1.213 N.A. N.A. 1.225 N.A. N.A. 1.263 N.A. N.A. 1.275 0.000% 0.000% 0.305% 3.960 3.940 3.855 3.850 3.878 3.865 3.925 3.910 3.948 3.925 3.995 3.970 4.018 3.985 4.065 4.030 2.217% 1.139% 3.700 1.980 4.220 N.A. 3.685 1.965 4.145 N.A. 3.693 1.973 4.173 N.A. 3.695 1.975 4.195 N.A. 3.703 1.983 4.223 N.A. 3.705 1.985 4.245 N.A. 3.713 1.993 4.273 N.A. 3.715 1.995 4.295 N.A. 0.153% 0.195% 1.552% 0.000% 1.990 1.430 2.090 1.080 1.830 0.820 0.760 8.370 1.960 1.355 2.060 1.065 1.785 0.820 0.760 8.235 1.970 1.373 2.065 1.073 1.793 0.820 0.760 8.278 1.980 1.405 2.080 1.075 1.815 0.820 0.760 8.325 1.990 1.423 2.085 1.083 1.823 0.820 0.760 8.368 2.000 1.455 2.100 1.085 1.845 0.820 0.760 8.415 2.010 1.473 2.105 1.093 1.853 0.820 0.760 8.458 2.020 1.505 2.120 1.095 1.875 0.820 0.760 8.505 0.368% 0.151% 0.201% 0.322% 0.194% 0.076% 0.074% 0.942% Stocks Est. Weighting Education HELP Int’l Masterskill SEG Int’l Finance BIMB Hold. Syarikat Takaful Healthcare Apex Healthcare CCM Duopharma KPJ Healthcare Faber Group Manufacturing CBIP Chin Well Daibochi Plastic Evergreen Fibre George Kent Guh Holdings Hil Industries Hong Leong Ind www.bimbsec.com.my |7
8. Market Insight Stocks Closing Price S3 S2 S1 Pivot Point R1 R2 R3 KYM Hldgs Bhd MWE Hold Muda Hold NTPM Hold . Nylex Malaysia Perstima Scientex Sino Hua-an SLP Resources Wellcall 0.340 1.330 2.140 0.850 0.535 5.810 12.000 0.030 2.890 1.940 N.A. 1.270 2.125 0.850 0.535 N.A. 11.790 0.023 2.815 1.880 N.A. 1.280 2.128 0.850 0.535 N.A. 11.885 0.024 2.833 1.890 N.A. 1.310 2.135 0.850 0.535 N.A. 11.930 0.028 2.865 1.920 N.A. 1.320 2.138 0.850 0.535 N.A. 12.025 0.029 2.883 1.930 N.A. 1.350 2.145 0.850 0.535 N.A. 12.070 0.033 2.915 1.960 N.A. 1.360 2.148 0.850 0.535 N.A. 12.165 0.034 2.933 1.970 N.A. 1.390 2.155 0.850 0.535 N.A. 12.210 0.038 2.965 2.000 0.018% 0.108% 0.230% 0.336% 0.036% 0.203% 0.975% 0.012% 0.252% 0.227% Media Media Chinese Star Publication Utusan Melayu 0.710 2.650 0.470 0.710 2.560 N.A. 0.710 2.575 N.A. 0.710 2.620 N.A. 0.710 2.635 N.A. 0.710 2.680 N.A. 0.710 2.695 N.A. 0.710 2.740 N.A. 0.422% 0.689% 0.018% Oil & Gas Alam Maritim Daya Materials Dayang Ent. Deleum Dialog group ESSO Malaysia KNM Group MMHE Perisai Petroleum Petra Energy Pet Chem 0.345 0.070 1.080 1.090 1.520 3.700 0.420 1.140 0.235 1.230 6.460 0.330 0.070 1.005 1.015 1.505 3.655 0.390 1.065 0.213 1.215 6.340 0.333 0.070 1.018 1.038 1.508 3.668 0.395 1.078 0.219 1.218 6.375 0.340 0.070 1.055 1.065 1.515 3.685 0.410 1.115 0.228 1.225 6.420 0.343 0.070 1.068 1.088 1.518 3.698 0.415 1.128 0.234 1.228 6.455 0.350 0.070 1.105 1.115 1.525 3.715 0.430 1.165 0.243 1.235 6.500 0.353 0.070 1.118 1.138 1.528 3.728 0.435 1.178 0.249 1.238 6.535 0.360 0.070 1.155 1.165 1.535 3.745 0.450 1.215 0.258 1.245 6.580 0.112% 0.046% 0.334% 0.154% 2.820% 0.352% 0.316% 0.643% 0.101% 0.139% 18.213% Pet Dag Pet Gas Ramunia Hold SAAG Cons. Sapurakencana Scomi Eng Scomi Group Shell Refining Tanjung Offshore Wah Seong Petra Perdana 23.220 21.840 0.100 N.A. 1.420 0.240 0.155 3.040 0.300 0.665 N.A. 22.410 21.030 0.085 N.A. 1.255 0.240 0.148 2.860 0.300 0.635 N.A. 22.685 21.245 0.088 N.A. 1.283 0.240 0.151 2.930 0.300 0.648 N.A. 22.950 21.570 0.095 N.A. 1.365 0.240 0.153 2.980 0.300 0.655 N.A. 23.225 21.785 0.098 N.A. 1.393 0.240 0.156 3.050 0.300 0.668 N.A. 23.490 22.110 0.105 N.A. 1.475 0.240 0.158 3.100 0.300 0.675 N.A. 23.765 22.325 0.108 N.A. 1.503 0.240 0.161 3.170 0.300 0.688 N.A. 24.030 22.650 0.115 N.A. 1.585 0.240 0.163 3.220 0.300 0.695 N.A. 8.130% 15.230% 0.040% 0.000% 2.999% 0.029% 0.104% 0.321% 0.040% 0.181% 0.000% Plantation Batu Kawan BLD Plantation Cepat Wawasan Genting Plant Golden Land Gopeng Hap Seng Plant IJM Plant. Inch Ken Kajang IOI Keck Seng Malay Kim Loong Kretam Holdings KLK Kulim Malaysia Rimbunan Sawit 17.840 8.500 0.645 10.500 1.310 1.430 2.410 3.310 0.700 4.350 4.860 3.400 0.590 23.000 4.060 0.510 17.750 N.A. 0.585 10.200 1.235 1.415 2.395 3.265 0.693 4.275 4.845 3.190 0.575 22.700 N.A. 0.495 17.765 N.A. 0.610 10.300 1.253 1.423 2.398 3.278 0.694 4.293 4.853 3.225 0.578 22.770 N.A. 0.500 17.810 N.A. 0.625 10.400 1.285 1.425 2.405 3.295 0.698 4.325 4.855 3.330 0.585 22.900 N.A. 0.505 17.825 N.A. 0.650 10.500 1.303 1.433 2.408 3.308 0.699 4.343 4.863 3.365 0.588 22.970 N.A. 0.510 17.870 N.A. 0.665 10.600 1.335 1.435 2.415 3.325 0.703 4.375 4.865 3.470 0.595 23.100 N.A. 0.515 17.885 N.A. 0.690 10.700 1.353 1.443 2.418 3.338 0.704 4.393 4.873 3.505 0.598 23.170 N.A. 0.520 17.930 N.A. 0.705 10.800 1.385 1.445 2.425 3.355 0.708 4.425 4.875 3.610 0.605 23.300 N.A. 0.525 2.549% 0.280% 0.070% 2.923% 0.100% 0.090% 0.679% 1.027% 0.099% 9.640% 0.615% 0.373% 0.390% 8.632% 1.838% 0.255% www.bimbsec.com.my Est. Weighting |8
9. Market Insight Stocks Closing Price S3 S2 S1 Pivot Point R1 R2 R3 Est . Weighting Riverview Rubber Sarawak Plant TDM TH Plant Tradewinds Plant United Plant 3.750 1.890 0.685 1.090 N.A. 26.600 N.A. N.A. 0.670 1.075 N.A. 25.880 N.A. N.A. 0.675 1.078 N.A. 26.190 N.A. N.A. 0.680 1.085 N.A. 26.360 N.A. N.A. 0.685 1.088 N.A. 26.670 N.A. N.A. 0.690 1.095 N.A. 26.840 N.A. N.A. 0.695 1.098 N.A. 27.150 N.A. N.A. 0.700 1.105 N.A. 27.320 0.086% 0.186% 0.358% 0.340% 0.000% 1.948% Power TNB YTL Power 13.980 1.410 13.800 1.365 13.860 1.378 13.920 1.395 13.980 1.408 14.040 1.425 14.100 1.438 14.160 1.455 27.805% 3.835% Property A & M Realty Am Corp Prop. Symphony Life Bh Crescendo Corp Daiman Develop Damansara Realty Dijaya Dutaland E&O Global Oriental Glomac Hunza Properties IJM Land Ivory Properties KLCC Property KSL Hold. Kump Hartanah Kump Perangsang LBS Bina Group Magna Prima Mah Sing Malton MK Land Nadayu Plenitude Selangor Prop Selangor Dredging SP Setia Sunway Bhd Suria Capital Talam Corp Tebrau Teguh UEM Land WCT Wing Tai YNH Property YTL Land & Dev 0.995 0.860 0.685 1.480 2.150 0.650 N.A. 0.430 1.640 0.415 0.750 N.A. N.A. 0.425 N.A. 1.090 N.A. 0.965 1.560 0.940 1.460 0.650 0.320 N.A. 1.630 4.640 0.925 3.010 3.000 1.930 N.A. N.A. N.A. N.A. 1.050 1.900 0.600 0.965 0.853 0.670 1.480 2.135 0.643 N.A. 0.423 1.610 0.400 0.743 N.A. N.A. 0.395 N.A. 1.045 N.A. 0.943 1.545 N.A. 1.445 0.628 0.305 N.A. 1.570 4.055 0.925 2.905 2.970 1.795 N.A. N.A. N.A. N.A. 1.050 1.840 0.593 0.973 0.854 0.673 1.480 2.138 0.644 N.A. 0.424 1.615 0.403 0.744 N.A. N.A. 0.400 N.A. 1.063 N.A. 0.946 1.548 N.A. 1.453 0.631 0.308 N.A. 1.600 4.308 0.925 2.953 2.975 1.818 N.A. N.A. N.A. N.A. 1.050 1.860 0.594 0.985 0.858 0.680 1.480 2.145 0.648 N.A. 0.428 1.630 0.410 0.748 N.A. N.A. 0.415 N.A. 1.075 N.A. 0.958 1.555 N.A. 1.455 0.643 0.315 N.A. 1.610 4.445 0.925 2.975 2.990 1.885 N.A. N.A. N.A. N.A. 1.050 1.880 0.598 0.993 0.859 0.683 1.480 2.148 0.649 N.A. 0.429 1.635 0.413 0.749 N.A. N.A. 0.420 N.A. 1.093 N.A. 0.961 1.558 N.A. 1.463 0.646 0.318 N.A. 1.640 4.698 0.925 3.023 2.995 1.908 N.A. N.A. N.A. N.A. 1.050 1.900 0.599 1.005 0.863 0.690 1.480 2.155 0.653 N.A. 0.433 1.650 0.420 0.753 N.A. N.A. 0.435 N.A. 1.105 N.A. 0.973 1.565 N.A. 1.465 0.658 0.325 N.A. 1.650 4.835 0.925 3.045 3.010 1.975 N.A. N.A. N.A. N.A. 1.050 1.920 0.603 1.013 0.864 0.693 1.480 2.158 0.654 N.A. 0.434 1.655 0.423 0.754 N.A. N.A. 0.440 N.A. 1.123 N.A. 0.976 1.568 N.A. 1.473 0.661 0.328 N.A. 1.680 5.088 0.925 3.093 3.015 1.998 N.A. N.A. N.A. N.A. 1.050 1.940 0.604 1.025 0.868 0.700 1.480 2.165 0.658 N.A. 0.438 1.670 0.430 0.758 N.A. N.A. 0.455 N.A. 1.135 N.A. 0.988 1.575 N.A. 1.475 0.673 0.335 N.A. 1.690 5.225 0.925 3.115 3.030 2.065 N.A. N.A. N.A. N.A. 1.050 1.960 0.608 0.128% 0.179% 0.075% 0.119% 0.160% 0.071% 0.000% 0.128% 0.725% 0.066% 0.191% 0.000% 0.000% 0.067% 0.000% 0.387% 0.000% 0.170% 0.310% 0.110% 1.240% 0.103% 0.136% 0.000% 0.219% 0.562% 0.139% 2.788% 2.123% 0.196% 0.000% 0.000% 0.000% 0.000% 0.176% 0.283% 0.175% Rubber Glove Adventa Hartalega Kossan Latexx Partners Rubberex Supermax Corp 0.700 4.170 6.770 N.A. 0.760 2.150 0.700 4.140 6.605 N.A. 0.745 2.075 0.700 4.150 6.633 N.A. 0.748 2.098 0.700 4.160 6.715 N.A. 0.755 2.125 0.700 4.170 6.743 N.A. 0.758 2.148 0.700 4.180 6.825 N.A. 0.765 2.175 0.700 4.190 6.853 N.A. 0.768 2.198 0.700 4.200 6.935 N.A. 0.775 2.225 0.038% 2.412% 1.526% 0.000% 0.061% 0.509% www.bimbsec.com.my |9
10. Market Insight Closing Price S3 S2 S1 Pivot Point R1 R2 R3 Est . Weighting 4.700 4.490 4.585 4.630 4.725 4.770 4.865 4.910 2.075% 0.040 0.270 N.A. N.A. 0.770 0.130 3.170 0.605 0.145 7.300 0.370 29.600 N.A. N.A. 1.550 2.430 1.180 0.033 0.255 N.A. N.A. 0.755 0.123 3.035 0.590 0.130 7.270 0.363 28.940 N.A. N.A. 1.490 2.385 1.135 0.036 0.258 N.A. N.A. 0.758 0.126 3.058 0.593 0.135 7.275 0.364 29.150 N.A. N.A. 1.510 2.403 1.153 0.038 0.265 N.A. N.A. 0.765 0.128 3.125 0.600 0.140 7.290 0.368 29.380 N.A. N.A. 1.530 2.415 1.165 0.041 0.268 N.A. N.A. 0.768 0.131 3.148 0.603 0.145 7.295 0.369 29.590 N.A. N.A. 1.550 2.433 1.183 0.043 0.275 N.A. N.A. 0.775 0.133 3.215 0.610 0.150 7.310 0.373 29.820 N.A. N.A. 1.570 2.445 1.195 0.046 0.278 N.A. N.A. 0.778 0.136 3.238 0.613 0.155 7.315 0.374 30.030 N.A. N.A. 1.590 2.463 1.213 0.048 0.285 N.A. N.A. 0.785 0.138 3.305 0.620 0.160 7.330 0.378 30.260 N.A. N.A. 1.610 2.475 1.225 0.030% 0.094% 0.000% 0.000% 0.067% 0.048% 0.315% 0.439% 0.043% 0.512% 0.035% 0.634% 0.000% 0.000% 0.237% 0.628% 0.487% 5.580 4.730 0.245 5.810 6.760 7.150 5.400 4.670 0.230 5.600 6.460 7.075 5.435 4.685 0.235 5.645 6.525 7.088 5.520 4.710 0.240 5.740 6.660 7.125 5.555 4.725 0.245 5.785 6.725 7.138 5.640 4.750 0.250 5.880 6.860 7.175 5.675 4.765 0.255 5.925 6.925 7.188 5.760 4.790 0.260 6.020 7.060 7.225 17.351% 12.960% 0.059% 15.378% 8.953% 1.450% Timber Jaya Tiasa Subur Tiasa WTK 1.170 1.530 1.060 1.035 N.A. 1.015 1.063 N.A. 1.023 1.125 N.A. 1.045 1.153 N.A. 1.053 1.215 N.A. 1.075 1.243 N.A. 1.083 1.305 N.A. 1.105 0.399% 0.101% 0.178% Transport/Logistics Bintulu Port Airasia Century Logistic Cycle & Carriage Hubline Integrated Log. Integrax Konsortium Maybulk MISC NCB Hold Scomi Energy Ser 6.630 2.610 0.860 3.080 0.005 0.740 N.A. N.A. 0.835 7.330 N.A. 0.210 N.A. 2.520 0.830 3.065 -0.003 N.A. N.A. N.A. 0.783 7.180 N.A. 0.195 N.A. 2.535 0.845 3.073 0.001 N.A. N.A. N.A. 0.794 7.220 N.A. 0.198 N.A. 2.580 0.850 3.075 0.003 N.A. N.A. N.A. 0.818 7.280 N.A. 0.205 N.A. 2.595 0.865 3.083 0.006 N.A. N.A. N.A. 0.829 7.320 N.A. 0.208 N.A. 2.640 0.870 3.085 0.008 N.A. N.A. N.A. 0.853 7.380 N.A. 0.215 N.A. 2.655 0.885 3.093 0.011 N.A. N.A. N.A. 0.864 7.420 N.A. 0.218 N.A. 2.700 0.890 3.095 0.013 N.A. N.A. N.A. 0.888 7.480 N.A. 0.225 1.075% 2.560% 0.116% 0.109% 0.021% 0.045% 0.000% 0.000% 0.294% 11.531% 0.000% 0.173% Water & Infrastructure PBA Hold Puncak Niaga Salcon Taliworks Corp Lingkaran Trans Protasco 1.100 1.030 0.585 N.A. 5.600 1.680 1.085 0.970 0.563 N.A. 5.480 1.560 1.088 0.980 0.571 N.A. 5.540 1.580 1.095 1.010 0.578 N.A. 5.560 1.640 1.098 1.020 0.586 N.A. 5.620 1.660 1.105 1.050 0.593 N.A. 5.640 1.720 1.108 1.060 0.601 N.A. 5.700 1.740 1.115 1.090 0.608 N.A. 5.720 1.800 0.128% 0.162% 0.136% 0.000% 1.033% 0.200% Stocks Top Glove Technology Compugates D&O Green Tech ETI Tech Formis Resources Formosa Prosonic Frontken Globetronics JCY Int’l Key Asic MPI Notion V-Tec Panasonic Man Supportive Symphony House Uchi Tech Bhd Unisem VS Industry Telcos Axiata Group DiGi.Com Green Packet Maxis Telekom Malaysia Time Dotcom www.bimbsec.com.my | 10
11. Market Insight Stocks Others Ancom Asia File bhd Boustead Heavy Eden Inc Fima Corp Kumpulan FIMA KUB Malaysia Pie Industrial Southern Acids Mega First Coastal Contract Time Engineering Sealink Int 'l Shin Yang Jobstreet Corp Myeg Services Pos Malaysia Picorp Lion Forest Note: R S Est. Weight Closing Price S3 S2 S1 Pivot Point R1 R2 R3 Est. Weighting 0.340 4.120 1.520 0.195 2.200 1.850 0.370 12.600 3.920 1.760 1.510 N.A. 0.205 0.335 N.A. 1.980 2.560 0.150 0.630 0.340 4.120 1.400 0.188 2.170 1.835 0.333 12.000 3.920 1.715 1.420 N.A. 0.175 0.335 N.A. 1.920 2.500 N.A. N.A. 0.340 4.120 1.420 0.191 2.185 1.838 0.339 12.100 3.920 1.723 1.435 N.A. 0.188 0.335 N.A. 1.935 2.515 N.A. N.A. 0.340 4.120 1.480 0.193 2.190 1.845 0.358 12.400 3.920 1.745 1.480 N.A. 0.195 0.335 N.A. 1.960 2.540 N.A. N.A. 0.340 4.120 1.500 0.196 2.205 1.848 0.364 12.500 3.920 1.753 1.495 N.A. 0.208 0.335 N.A. 1.975 2.555 N.A. N.A. 0.340 4.120 1.560 0.198 2.210 1.855 0.383 12.800 3.920 1.775 1.540 N.A. 0.215 0.335 N.A. 2.000 2.580 N.A. N.A. 0.340 4.120 1.580 0.201 2.225 1.858 0.389 12.900 3.920 1.783 1.555 N.A. 0.228 0.335 N.A. 2.015 2.595 N.A. N.A. 0.340 4.120 1.640 0.203 2.230 1.865 0.408 13.200 3.920 1.805 1.600 N.A. 0.235 0.335 N.A. 2.040 2.620 N.A. N.A. 0.026% 0.279% 0.133% 0.021% 0.187% 0.181% 0.073% 0.341% 0.189% 0.237% 0.282% 0.000% 0.036% 0.142% 0.000% 1.678% 0.485% 0.035% 0.051% = Resistance = Support = Based on FBMah Mkt. Cap www.bimbsec.com.my | 11
12. Market Insight DEFINITION OF RATINGS BIMB Securities uses the following rating system : STOCK RECOMMENDATION BUY Total return (price appreciation plus dividend yield) is expected to exceed 10% in the next 12 months. TRADING BUY Share price may exceed 15% over the next 3 months, however longer-term outlook remains uncertain. HOLD Share price may fall within the range of +/- 10% over the next 12 months TAKE PROFIT Target price has been attained. Fundamentals remain intact. Look to accumulate at lower levels. TRADING SELL Share price may fall by more than 15% in the next 3 months. SELL Share price may fall by more than 10% over the next 12 months. NOT RATED Stock is not within regular research coverage. SECTOR RECOMMENDATION OVERWEIGHT The Industry as defined by the analyst’s coverage universe, is expected to outperform the relevant primary market index over the next 12 months NEUTRAL The Industry as defined by the analyst’s coverage universe, is expected to perform in line with the relevant primary market index over the next 12 months UNDERWEIGHT The Industry as defined by the analyst’s coverage universe, is expected to underperform the relevant primary market index over the next 12 months Applicability of ratings The respective analyst maintains a coverage universe of stocks, the list of which may be adjusted according to needs. Investment ratings are only applicable to the stocks which form part of the coverage universe. Reports on companies which are not part of the coverage do not carry investment ratings as we do not actively follow developments in these companies. Disclaimer The investments discussed or recommended in this report may not be suitable for all investors. This report has been prepared for information purposes only and is not an offer to sell or a solicitation to buy any securities. The directors and employees of BIMB Securities Sdn Bhd may from time to time have a position in or either the securities mentioned herein. Members of the BIMB Group and their affiliates may provide services to any company and affiliates of such companies whose securities are mentioned herein. The information herein was obtained or derived from sources that we believe are reliable, but while all reasonable care has been taken to ensure that stated facts are accurate and opinions fair and reasonable, we do not represent that it is accurate or complete and it should not be relied upon as such. No liability can be accepted for any loss that may arise from the use of this report. All opinions and estimates included in this report constitute our judgements as of this date and are subject to change without notice. BIMB Securities Sdn Bhd accepts no liability for any direct, indirect or consequential loss arising from use of this report. Published by BIMB SECURITIES SB (290163-X) A Participating Organisation of Bursa Malaysia Securities Berhad Level 32, Menara Multi Purpose, Capital Square, No. 8 Jalan Munshi Abdullah, 50100 Kuala Lumpur Tel: 03-2613 1600 Fax: 03-2613 1799 http://www.bimbsec.com.my www.bimbsec.com.my Thong Pak Leng | 12