Issuu on Google+

IND-X Securities - Japanese Radar Screenings – Tuesday, 22 November 2011 A daily scan of the more active stocks to highlight early turning points, and momentum shifts …

buy radar 4005 4114 5201 5333 9506

SUMITOMO CHEMIC NIPPON SHOKUBAI ASAHI GLASS CO NGK INSULATORS TOHOKU ELECTRIC

sell radar 3402 TORAY INDUSTRIE due a bounce 2432 3116 3401 4502 4507 4568 4581 5002 5202 5333 5401 5405 5801 7733 7966 8951 8959 8961 9101 9104

DENA CO LTD TOYOTA BOSHOKU TEIJIN LTD TAKEDA PHARMACE SHIONOGI & CO L DAIICHI SANKYO TAISHO PHARMACE SHOWA SHELL SEK NIPPON SHEET GL NGK INSULATORS NIPPON STEEL CO SUMITOMO METAL FURUKAWA ELECTR OLYMPUS CORP LINTEC CORP NIPPON BUILDING NOMURA REAL EST MORI TRUST SOGO NIPPON YUSEN MITSUI OSK LINE

due a fall 2531 4661 6753 7222 8366 9001 9007

TAKARA HOLDINGS ORIENTAL LAND C SHARP CORP NISSAN SHATAI C SHIGA BANK LTD/ TOBU RAILWAY CO ODAKYU ELECTRIC

increasing volume - advances 3591 5007 5101 5406 6971 8308 8366 8697

WACOAL HOLDINGS COSMO OIL COMPA YOKOHAMA RUBBER KOBE STEEL LTD KYOCERA CORP RESONA HOLDINGS SHIGA BANK LTD/ OSAKA SECURITIE

increasing volume - declines 2432 6425 7211 9022

DENA CO LTD UNIVERSAL ENTER MITSUBISHI MOTO CENTRAL JAPAN R

new 12m intra-day highs

8386 HYAKUJUSHI BANK 8388 AWA BANK LTD/TH

9749 FUJI SOFT INC

new 12m intra-day lows 2432 3436 4005 4188 4502 4507 4568 5401 5405 5411 5713 5938 6586 6752 6758 6902 7203 7259 7261 7267 7270 8306 8411 8604 8725 9101 9104

5812 HITACHI CABLE L 7003 MITSUI ENGINEER 8016 ONWARD HOLDINGS

DENA CO LTD SUMCO CORP SUMITOMO CHEMIC MITSUBISHI CHEM TAKEDA PHARMACE SHIONOGI & CO L DAIICHI SANKYO NIPPON STEEL CO SUMITOMO METAL JFE HOLDINGS IN SUMITOMO METAL JS GROUP CORP MAKITA CORP PANASONIC CORP SONY CORP DENSO CORP TOYOTA MOTOR CO AISIN SEIKI CO MAZDA MOTOR COR HONDA MOTOR CO FUJI HEAVY INDU MITSUBISHI UFJ MIZUHO FINANCIA NOMURA HOLDINGS MS&AD INSURANCE NIPPON YUSEN MITSUI OSK LINE

1983 3793 3880 5741 6255 6890 7246 7733 8600 8922

1893 2121 2317 3770 4471 4751 7862 9022 9766 9983

TOSHIBA PLANT S DRECOM CO LTD DAIO PAPER CORP FURUKAWA-SKY AL NPC INC FERROTEC CORP PRESS KOGYO CO OLYMPUS CORP TOMONY HOLDINGS EARTH CO/THE

3236 3793 6665 7733 8029 8202 8922 8927

DENA CO LTD GREE INC TAIHEIYO CEMENT DISCO CORP SHINSEI BANK LT SHIGA BANK LTD/ JAPAN REAL ESTA TOKYU CORP

-

PROPERST CO LTD DRECOM CO LTD ELPIDA MEMORY I OLYMPUS CORP LOOK INC LAOX CO LTD EARTH CO/THE MEIHO ENTERPRIS

10% Intra-day swingers - declines none Top 10 value traded - [$2.17bn +0.09bn] 2432 3632 6301 6502 6758 6954 7203 7267 7733 9984

MITSUI MATSUSHI HASEKO CORP TOYOBO CO LTD UNITIKA LTD DAIO PAPER CORP ISHIHARA SANGYO SUMITOMO LIGHT CKD CORP TOKYO TATEMONO DAIKYO INC PREMIER INVESTM

DENA CO LTD GREE INC KOMATSU LTD TOSHIBA CORP SONY CORP FANUC CORP TOYOTA MOTOR CO HONDA MOTOR CO OLYMPUS CORP SOFTBANK CORP

ZAPPALLAS INC DAIICHI SANKYO TAISHO PHARMACE TOPPAN FORMS CO MITSUBISHI UFJ NOMURA HOLDINGS NKSJ HOLDINGS I MS&AD INSURANCE NTT URBAN DEVEL TOKYU REIT INC GLOBAL ONE REIT NOMURA REAL EST NIPPON YUSEN

In the clouds - Nikkei225 stocks in Bear trends [bottom 20]

PENTA-OCEAN CON MIXI INC SYSTENA CORP ZAPPALLAS INC SANYO CHEMICAL CYBERAGENT INC TOPPAN FORMS CO CENTRAL JAPAN R KONAMI CORP FAST RETAILING

10% Intra-day swingers unchanged and advances

SHOWA DENKO K K JUPITER TELECOM SAPPORO HOKUYO OSAKA SECURITIE TOHO GAS CO LTD

closed at day's high [on volume] 1518 1808 3101 3103 3880 4028 5738 6407 8804 8840 8956

3770 4568 4581 7862 8306 8604 8630 8725 8933 8957 8958 8959 9101

Laggards / Losers

aqr busters - pm volume drop-off 2432 3632 5233 6146 8303 8366 8952 9005

AT/NEAR All-time LOWS

Top stocks / Winners

aqr busters - pm volume pickup 4004 4817 8328 8697 9533

3811 BIT-ISLE INC 6465 HOSHIZAKI ELECT

closed at day's low [on volume]

9107 6767 9104 9101 3436 6758 6857 8604 5801 5411 7003 5803 6770 5541 8804 5406 5701 6361 5631 7012

KAWASAKI KISEN MITSUMI ELEC CO MITSUI OSK LINES NIPPON YUSEN SUMCO CORP SONY CORP ADVANTEST CORP NOMURA HOLDINGS FURUKAWA ELECT JFE HOLDINGS INC MITSUI ENG&SHIPB FUJIKURA LTD ALPS ELEC CO LTD PAC METALS CO TOKYO TATEMONO KOBE STEEL LTD NIPPON LIGHT MET EBARA CORP JAPAN STEEL WORK KAWASAKI HVY IND

In the clouds - Nikkei225 stocks still in Bull trends 2502 2531 3110 3402 5233 5714 6326 6753 6762 8355 9001 9005 9007 9009

ASAHI GROUP HOLD TAKARA HOLDINGS NITTO BOSEKI CO TORAY INDUSTRIES TAIHEIYO CEMENT DOWA HOLDINGS CO KUBOTA CORP SHARP CORP TDK CORP SHIZUOKA BANK TOBU RAILWAY CO TOKYU CORP ODAKYU ELEC RAIL KEISEI ELEC RAIL

AT/NEAR All-time HIGHS

#4005 Sumi Chem – on BUY radar – has traded over 11mn shares the last 2 days [cf. 9.4mn average] as the stock hit lows not seen since 1985. Sumi Chem has been underperforming TPX since August [it is down 15% relative to TPX]. BBERG has 6 BUYS : 12 HOLDS : 0 SELLS and an average target price of Y352 [cf. 30% above today’s Y270 close]. Sumi Chem trades at 0.9x book, 10.3x eROE and 8.4x Mar2013 TK ests.

#BULL/BEAR - We're firmly entrenched in a BEAR market - In the NKY225 today there are 14 shares in BULL trends and 131 in BEAR trends. There are still no sub-sectors in BULL trends, and 23 sub-sectors are in BEAR trends; TPCONT, TPTEXT, TPPAPR, TPRUBB, TPIRON, TPNMET, TPMETL, TPELMH, TPTRAN, TPPROD, TPREAL, TPMART, T PAIR, TPWARE, TPCOMM, TPSERV, TPPHRM, TPRETL, TPSECR, TPINSU, TPFINC, TPNCHM and TPNBNK.

hilary.persent@indxsecurties.com - +44 20 7826 9063

1


IND-X Securities – Asia-X Movers & Shakers – Tuesday, 22 November 2011 A daily scan of the more active stocks …

                                                                                                           

hilary.persent@hsbcib.com

                                         ���                                                     

2


Nov222011RADAR