PP 7767/09/2010(025354)

22 June 2010
RHB Research
Malaysia
Institute Sdn Bhd
A member of the
RHB Banking Group
Company No: 233327 -M

Corporate Highlights
22 June 2010
MARKET DATELINE

♦ Tanjong plc : 1Q Net Profit Likely Down YoY, Mainly Market Perform
Due To NFO
Results Preview

♦ Kencana Petroleum : Proposes To Take Control Of MKR1 Market Perform

News Update

♦ EON Capital : Primus Serves Petition Against EON Cap Market Perform
And Directors
News Update

♦ Market Technical Reading : 1,347 – 1,350 Region To Cap Near-term

Upside...
Daily Trading Strategy

…For details, see individual write-up attached.

Chart 1 : FBM KLCI Chart Table1 : Regional Markets (21 June)

Bloomberg Code Index Chg YTD (%)

FBM KLCI : FBMKLCI 1,335.29 +17.60 +4.9
FTSE M'sia : FBMEMAS 9,007.02 +125.04 +5.9
1,335.29 FTSE M'sia 70 : FBM70 8,933.53 +123.33 +8.0
(+17.60) FTSE M'sia 100 : FBM100 8,769.13 +116.70 +5.5
Singapore : FSSTI 2,885.64 +52.24 -0.4
Thailand : SET 806.07 +14.22 +9.7
Philippines : PCOMP 3,357.88 +22.40 +10.0
Indonesia : JCI 2,941.90 +12.31 +16.1
Chg Hong Kong : HSI 20,912.18 +625.47 -4.4

KLCI Futures June 2010 1341.5 +23.0 China, Shanghai : SHCOMP 2,586.21 +72.99 -21.1
China, Shenzhen : SZCOMP 1,041.33 +29.67 -13.3
KLCI Futures July 2010 1341.5 +22.5
Korea : KOSPI 1,739.68 +27.73 +3.4
WTI Crude Oil (US$/barrel) 77.45 +0.72
Taiwan : TWSE 7,635.56 +142.45 -6.7
CPO Spot Price (RM/Tonne) 2499.0* +4.50 Japan : NKY 10,238.01 +242.99 -2.9
US$/Euro 1.239 unch Dow Jones : INDU 10,442.41 -8.23 +0.1
Yen/US$ 91.3 +0.63 S&P 500 : SPX 1,113.20 -4.31 -0.2
Ringgit/US$ 3.189 -0.06 Nasdaq : CCMP 2,289.09 -20.71 +0.9
* as at 18 June 2010 closing

RHBRI’s Research Team Tel : (603) 9280 2160 E-mail : [email protected]

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 22 June 2010

IMPORTANT DISCLOSURES
This report has been prepared by RHB Research Institute Sdn Bhd (RHBRI) and is for private circulation only to clients of RHBRI and RHB Investment Bank Berhad (previously
known as RHB Sakura Merchant Bankers Berhad). It is for distribution only under such circumstances as may be permitted by applicable law. The opinions and information
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The research analysts, economists or research associates principally responsible for the preparation of this research report have received compensation based upon various
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The recommendation framework for stocks and sectors are as follows : -

Stock Ratings

Outperform = The stock return is expected to exceed the FBM KLCI benchmark by greater than five percentage points over the next 6-12 months.

Trading Buy = Short-term positive development on the stock that could lead to a re-rating in the share price and translate into an absolute return of 15% or more over a period of
three months, but fundamentals are not strong enough to warrant an Outperform call. It is generally for investors who are willing to take on higher risks.

Market Perform = The stock return is expected to be in line with the FBM KLCI benchmark (+/- five percentage points) over the next 6-12 months.

Underperform = The stock return is expected to underperform the FBM KLCI benchmark by more than five percentage points over the next 6-12 months.

Industry/Sector Ratings

Overweight = Industry expected to outperform the FBM KLCI benchmark, weighted by market capitalisation, over the next 6-12 months.

Neutral = Industry expected to perform in line with the FBM KLCI benchmark, weighted by market capitalisation, over the next 6-12 months.

Underweight = Industry expected to underperform the FBM KLCI benchmark, weighted by market capitalisation, over the next 6-12 months.

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duties of confidentiality, will be made available upon request.

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parties in this respect.

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A comprehensive range of market research reports by award-winning economists and analysts are exclusively
available for download from www.rhbinvest.com