Forwarded from CGS International Securities Malaysia
*Trading Stocks today:*
For *Trendspotter*, please click on this link: < https://tinyurl.com/ppdsz95k > to view the report.
Or please logon to your account on http://www.cgsi.com.my/ and click on <Research> Tab.
*Malaysia*:
*FoundPac Group (5277)* (RM0.38): Technical Buy
Targets: RM0.405, RM0.43
Stop: RM0.345
*Mitrajaya Holdings (9571)* (RM0.72): Technical Buy
Targets: RM0.77, RM0.79, RM0.81
Stop: RM0.645
*Fundamental Report(s):*
*Hong Leong Industries* - Value Up candidate with growth tailwinds (Initiate Add with a TP of RM26.30) https://tinyurl.com/2ww8kfs7
*Dayang Enterprise* - Declares an early first interim DPS (Maintain Add with a TP of RM2.10) https://tinyurl.com/y58nyksp
*UEM Sunrise Bhd* - 1Q in line; ramping up launches ahead (Maintain Hold with a higher TP of RM0.63) https://tinyurl.com/5n8jt7jx
*Wasco Bhd* - Looking beyond transient weakness (Maintain Add with a TP of RM1.75) https://tinyurl.com/56zfv7hs
*SP Setia* - Weak 1Q but lumpy land sales earnings ahead (Maintain Add with a TP of RM1.62) https://tinyurl.com/mu4kz3mm
*Mr D.I.Y. Group (M) Bhd* - Earnings delivered as expected (Maintain Add with a TP of RM2.09) https://tinyurl.com/2w7vsnjm
*Telekom Malaysia* - Tracking in line in a lumpy FY (Maintain Add with a TP of RM9.50) https://tinyurl.com/ykyyu5f8
*Ta Ann* - Soft start; stronger finish likely ahead (Maintain Add with a TP of RM6.85) https://tinyurl.com/ck3py7ut
*Petronas Chemicals Group* - 2Q26F profits to rise materially from 1Q26 (Maintain Add with a TP of RM6.58) https://tinyurl.com/3nhsy4cj
Join CGS International Securities Malaysia's Official Telegram Channel https://t.me/cgsi_my
*22nd May 2026*
Disclaimers: This distribution is by CGS International Securities Malaysia Sdn. Bhd. (“CGS MY”) in Malaysia only. The views are our own as of this date and subject to change. No further distribution is allowed without our prior written consent. CGS MY, its related corporations, affiliates and business partners make no recommendation, offer or invitation to transact in any securities, futures contracts or other instruments. Please make your independent evaluation, consider your own investment objectives and financial situation and consult your own professional advisers before participating in any transaction.
For *Trendspotter*, please click on this link: < https://tinyurl.com/ppdsz95k > to view the report.
Or please logon to your account on http://www.cgsi.com.my/ and click on <Research> Tab.
*Malaysia*:
*FoundPac Group (5277)* (RM0.38): Technical Buy
Targets: RM0.405, RM0.43
Stop: RM0.345
*Mitrajaya Holdings (9571)* (RM0.72): Technical Buy
Targets: RM0.77, RM0.79, RM0.81
Stop: RM0.645
*Fundamental Report(s):*
*Hong Leong Industries* - Value Up candidate with growth tailwinds (Initiate Add with a TP of RM26.30) https://tinyurl.com/2ww8kfs7
*Dayang Enterprise* - Declares an early first interim DPS (Maintain Add with a TP of RM2.10) https://tinyurl.com/y58nyksp
*UEM Sunrise Bhd* - 1Q in line; ramping up launches ahead (Maintain Hold with a higher TP of RM0.63) https://tinyurl.com/5n8jt7jx
*Wasco Bhd* - Looking beyond transient weakness (Maintain Add with a TP of RM1.75) https://tinyurl.com/56zfv7hs
*SP Setia* - Weak 1Q but lumpy land sales earnings ahead (Maintain Add with a TP of RM1.62) https://tinyurl.com/mu4kz3mm
*Mr D.I.Y. Group (M) Bhd* - Earnings delivered as expected (Maintain Add with a TP of RM2.09) https://tinyurl.com/2w7vsnjm
*Telekom Malaysia* - Tracking in line in a lumpy FY (Maintain Add with a TP of RM9.50) https://tinyurl.com/ykyyu5f8
*Ta Ann* - Soft start; stronger finish likely ahead (Maintain Add with a TP of RM6.85) https://tinyurl.com/ck3py7ut
*Petronas Chemicals Group* - 2Q26F profits to rise materially from 1Q26 (Maintain Add with a TP of RM6.58) https://tinyurl.com/3nhsy4cj
Join CGS International Securities Malaysia's Official Telegram Channel https://t.me/cgsi_my
*22nd May 2026*
Disclaimers: This distribution is by CGS International Securities Malaysia Sdn. Bhd. (“CGS MY”) in Malaysia only. The views are our own as of this date and subject to change. No further distribution is allowed without our prior written consent. CGS MY, its related corporations, affiliates and business partners make no recommendation, offer or invitation to transact in any securities, futures contracts or other instruments. Please make your independent evaluation, consider your own investment objectives and financial situation and consult your own professional advisers before participating in any transaction.
Forwarded from M+ On-The-Go
M+ Global Market Update – 22May26
Nvidia Shed 2% After Earnings
US: Overall, we should anticipate that Wall Street’s uptrend will remain intact. Following Nvidia’s Q1 earnings outperformance, markets are taking a 'sell-on-news' stance, which has led to a retreat in its share price. We believe traders could take positions as the stock hovers near the EMA20 and continues to benefit from the global AI boom. Meanwhile, its upcoming Rubin architecture could also benefit companies such as Micron, Applied Materials, Vertiv Holdings, and Teradyne. With the upcoming IPO debut of SpaceX in June, we believe the sentiment will focus on space-related counters such as AST SpaceMobile and Sidus Space.
MY: Tracking the positive performance on Wall Street yesterday, we anticipate that the FBM KLCI will rebound today after a losing streak of more than a week. Meanwhile, we like the rebound above the EMA20 shown by PWRWELL, underpinned by its massive contract wins for data centres in Selangor, infrastructure buildouts such as the RTS Link in Johor, and regional manufacturing expansions. Lastly, we remain bullish on the Technology sector, favouring MI, UWC, FRONTKN, and THMY, as sentiment should continue to bode well for the sector following Nvidia’s recent earnings outperformance and the ARM partnership announcement.
Stocks to watch:
Technology: *3REN*, AMBEST, *CPETECH*, KOBAY, MPI, *SCICOM*, THMY, *UWC*, *VITROX*
Construction: *MITRA*, MNHLDG
Automotive: *BETA*
Utility: *RANHILL*
**Source: M+ Global**
Nvidia Shed 2% After Earnings
US: Overall, we should anticipate that Wall Street’s uptrend will remain intact. Following Nvidia’s Q1 earnings outperformance, markets are taking a 'sell-on-news' stance, which has led to a retreat in its share price. We believe traders could take positions as the stock hovers near the EMA20 and continues to benefit from the global AI boom. Meanwhile, its upcoming Rubin architecture could also benefit companies such as Micron, Applied Materials, Vertiv Holdings, and Teradyne. With the upcoming IPO debut of SpaceX in June, we believe the sentiment will focus on space-related counters such as AST SpaceMobile and Sidus Space.
MY: Tracking the positive performance on Wall Street yesterday, we anticipate that the FBM KLCI will rebound today after a losing streak of more than a week. Meanwhile, we like the rebound above the EMA20 shown by PWRWELL, underpinned by its massive contract wins for data centres in Selangor, infrastructure buildouts such as the RTS Link in Johor, and regional manufacturing expansions. Lastly, we remain bullish on the Technology sector, favouring MI, UWC, FRONTKN, and THMY, as sentiment should continue to bode well for the sector following Nvidia’s recent earnings outperformance and the ARM partnership announcement.
Stocks to watch:
Technology: *3REN*, AMBEST, *CPETECH*, KOBAY, MPI, *SCICOM*, THMY, *UWC*, *VITROX*
Construction: *MITRA*, MNHLDG
Automotive: *BETA*
Utility: *RANHILL*
**Source: M+ Global**
Forwarded from Trade With Maybank
Maybank IBG Traders' Almanac
(22 May 2026) - Telco hits new 2026 low, tech interest returns
Technical Trading Ideas 💡 for today:
1️⃣ MALAYSIA SMELTING CORP BHD – 5916 (S)
2️⃣ TANCO HOLDINGS BHD – 2429 (S)
3️⃣ EVERSENDAI CORP – 5205 (S)
4️⃣ CPO FUTURES (CP: MYR 4,458)
5️⃣ KLCI INDEX FUTURES (CP: 1,712.00)
Note: S - Shariah Compliant
For the full report, stock ideas, and market flows, access Discover Tab on Maybank Trade MY app.
#MaybankIBGResearch
#MaybankIBGTA
(22 May 2026) - Telco hits new 2026 low, tech interest returns
Technical Trading Ideas 💡 for today:
1️⃣ MALAYSIA SMELTING CORP BHD – 5916 (S)
2️⃣ TANCO HOLDINGS BHD – 2429 (S)
3️⃣ EVERSENDAI CORP – 5205 (S)
4️⃣ CPO FUTURES (CP: MYR 4,458)
5️⃣ KLCI INDEX FUTURES (CP: 1,712.00)
Note: S - Shariah Compliant
For the full report, stock ideas, and market flows, access Discover Tab on Maybank Trade MY app.
#MaybankIBGResearch
#MaybankIBGTA
Forwarded from UOB Kay Hian Malaysia (Official)
UOBKH Retail Market Monitor
22 May 2026
FBMKLCI: 1,708.36 (-9.33)
Support: 1,700, 1,672
Resistance: 1,773, 1,800
Bursa Top Gainers:
HLBANK (+2.1%), YTL (+1.4%), NESTLE (+1.1%)
Bursa Top Losers:
MRDIY (-5.3%), PCHEM (-4.4%), KLK (-2.1%)
Bursa Trade Statistics
Local Institutions (61.83%): +RM61.83M
Local Retail (28.90%): +RM96.42M
Foreign (26.11%): -RM156.45M
Global Equity Indexes
MSCI Asia : 267.52 (+0.81, +0.32%)
NASDAQ : 29,357.27 (+59.57, +0.20%)
S&P500 : 7,445.70 (+12.73, +0.17%)
DJIA : 50,285.66 (+276.31, +0.55%)
USD/MYR : 3.9550 (-0.0050)
SGD/MYR : 3.0971 (-0.0031)
Crude Oil (Brent) : $104.52 (-0.40)
Gold : $4,532.86 (-12.37)
US stocks were higher after the close on Thursday, as gains in the telecoms, utilities and basic materials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average rose 0.55% to hit a new all-time high, while the S&P 500 Index added 0.17%, and the NASDAQ Composite Index added 0.09%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,482 to 1,252 and 88 ended unchanged; on the Nasdaq Stock Exchange, 2,048 rose and 1,353 declined, while 172 ended unchanged. (Sources: Investing.com)
Stocks To Watch:
1) FEYTECH (KLSE: 5322)
Technical BUY on breakout (RM 0.265) with +30.2% potential return
* Last price: RM0.235
* Target price: RM0.325, RM0.345
* Support: RM0.215
* Stop-loss: RM0.21
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) MITRA (KLSE: 9571)
Technical BUY with +17.4% potential return
* Last price: RM0.72
* Target price: RM0.795, RM0.845
* Support: RM0.62
* Stop-loss: RM0.615
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) SENTRAL (KLSE: 5123)
Technical BUY on breakout (RM 0.72) with +10.4% potential return
* Last price: RM0.71
* Target price: RM0.78, RM0.795
* Support: RM0.695
* Stop-loss: RM0.69
* Timeframe: 2 weeks to 2 months
* Shariah: NO
Join UOB Kay Hian Malaysia's Official Telegram Channel
https://t.me/UOBKayHianMalaysia
Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.
For the full research report, please log in to www.utrade.com.my
22 May 2026
FBMKLCI: 1,708.36 (-9.33)
Support: 1,700, 1,672
Resistance: 1,773, 1,800
Bursa Top Gainers:
HLBANK (+2.1%), YTL (+1.4%), NESTLE (+1.1%)
Bursa Top Losers:
MRDIY (-5.3%), PCHEM (-4.4%), KLK (-2.1%)
Bursa Trade Statistics
Local Institutions (61.83%): +RM61.83M
Local Retail (28.90%): +RM96.42M
Foreign (26.11%): -RM156.45M
Global Equity Indexes
MSCI Asia : 267.52 (+0.81, +0.32%)
NASDAQ : 29,357.27 (+59.57, +0.20%)
S&P500 : 7,445.70 (+12.73, +0.17%)
DJIA : 50,285.66 (+276.31, +0.55%)
USD/MYR : 3.9550 (-0.0050)
SGD/MYR : 3.0971 (-0.0031)
Crude Oil (Brent) : $104.52 (-0.40)
Gold : $4,532.86 (-12.37)
US stocks were higher after the close on Thursday, as gains in the telecoms, utilities and basic materials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average rose 0.55% to hit a new all-time high, while the S&P 500 Index added 0.17%, and the NASDAQ Composite Index added 0.09%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,482 to 1,252 and 88 ended unchanged; on the Nasdaq Stock Exchange, 2,048 rose and 1,353 declined, while 172 ended unchanged. (Sources: Investing.com)
Stocks To Watch:
1) FEYTECH (KLSE: 5322)
Technical BUY on breakout (RM 0.265) with +30.2% potential return
* Last price: RM0.235
* Target price: RM0.325, RM0.345
* Support: RM0.215
* Stop-loss: RM0.21
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) MITRA (KLSE: 9571)
Technical BUY with +17.4% potential return
* Last price: RM0.72
* Target price: RM0.795, RM0.845
* Support: RM0.62
* Stop-loss: RM0.615
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) SENTRAL (KLSE: 5123)
Technical BUY on breakout (RM 0.72) with +10.4% potential return
* Last price: RM0.71
* Target price: RM0.78, RM0.795
* Support: RM0.695
* Stop-loss: RM0.69
* Timeframe: 2 weeks to 2 months
* Shariah: NO
Join UOB Kay Hian Malaysia's Official Telegram Channel
https://t.me/UOBKayHianMalaysia
Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.
For the full research report, please log in to www.utrade.com.my
Telegram
UOB Kay Hian Malaysia (Official)
UOB Kay Hian MY offers Private Wealth Management, stockbroking, investment advisory and global equities. Helping individuals, businesses, and institutions invest with confidence.
Link in bio
https://linktr.ee/UOBKayHianMalaysia
Link in bio
https://linktr.ee/UOBKayHianMalaysia