Thursday, September 8, 2011

Place Yr Bet - JCY,TRC,MEGB.. 1/4/2011

JCY: JCY International Bhd is in the midst of courting one of the world's leading electrical and electronic (E&E) companies from Japan as its new client. In its financial year 2010, the company had secured contracts to supply hard disk drive (HDD) mechanical components to two new major customers in the E&E industry from Japan and South Korea .

1.88 (CIMB), 0.94 ( Alliance ), 1.90 (UBS), 1.31 (RHB), 0.85 (OSK)



TRC Synergy: TRC is one of few West Malaysian-based contractors licensed to bid for state-funded projects in Sarawak . It is in the final stages of clinching four packages in the Sarawak Corridor of Renewable Energy (Score) worth about RM500 million out of RM1.5 billion outstanding bids. TRC has also bid for Phase 2 of the LRT extensions worth about RM2.2 billion, where it hopes to leverage on its lower mobilisation fees and machinery costs with the first phase already in hand. The tender has closed mid-March 2011 with possible award in June 2011. TRC’s 26% stake in PetroBru (B) Sdn Bhd may bear fruit soon. Project approval is pending a revised blueprint for Pulau Muara Besar, Brunei , where the refinery will be built. Investor interest in the refinery is also rising, which should lend weight to an official approval by the Brunei government. This will pave the way for about RM2 billion worth of infrastructure and reclamation works on the island and US$4.3 billion (RM13 billion) to construct the refinery.

2.25 (HDBS), 1.80 (RHB)


MEGB: Its key re-rating catalysts are more affirmative indications in relation to PTPTN’s loan allocation and the potential approval of courses at its new Kuching campus.

4.90 (HDBS), 2.47 ( Alliance ), 3.44 (OSK), 4.48 (CIMB)

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