DAIBOCHI, SEB,OVERSEA,BJ CORP,POS,SUPERMAX

from the EDGE
CIMB research rates Daibochi (target price: RM4.60) and Tomypak (target price: RM 4.66) as Outperforms -ability to pass on rising raw material costs to their customers -double digit pretax margins recorded for 4 straight quarters, trend should continue in 2010 -potential catalysts for both stocks 1) further margin expansion
2) contracts from major non-F&B companies
3) attractive dividend yields of 5-6%

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Seremban Engineering Bhd (SEB) to expand capacity -to raise RM17m from its IPO and use half of it to fund group's capital expenditure, expected to be listed in the 2Q -1 SEB shares for every 15 Success Transformers shares -rights issue price RM0.85 Ex date: 12 April 2010

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OSK Research says Oversea has a well established presence with over 30 years of culinary expertise, earning them recognition across the region.Targeting to open one new outlet in Ipoh and a café outlet in Klang Valley by 2011, Overseas plans sights to expanding abroad via a new licensing program to operate food service outlets under their brand name."For its listing on the ACE market, we think the offer price of RM0.23 at 7.8x FY10 EPS is fair given that its earnings is relatively smaller as compared to its peers which are trading in the range of 9-11 times price-to-earnings ratio," it said.
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BERJAYA CORPORATION BHD [ ] (BCorp), whose share price hit an 11-year high of RM1.77 in intra-day trade on Tuesday, announced on Wednesday, a net loss of RM155.12 million on the back of RM1.66 billion revenue in its third quarter ended Jan 31, 2010 (3QFY10), was mainly due to non-cash dilution effects amounting to RM150.46 million when its interest in BERJAYA LAND BHD [ ] (BLand) was diluted from 56.44% to 53.25% upon maturity of the BLand ICULS on Dec 31, 2009.
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Pos Malaysia has recommended a first and final dividend of 12.5 sen per ordinary share less tax. The dividend was subject to shareholders' approval at its forthcoming AGM.Shares of Pos Malaysia rose to a four-month high of RM2.34 in intra-day trade after the government announced that Khazanah Nasional would divest its 32% stake. On Tuesday, Pos Malaysia also jumped 19 sen (+9.2%), its largest gain since May 18 last year.

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SUPERMAX CORPORATION BHD [ ] is expected to reap the immediate fruits from the US Healthcare Reform Bill as the glove maker is set to increase its export of medical examination gloves to the US market by 5% to 7% in FY10.
IOI Corporation Bhd may write back the impairment loss made in the financial year ended June 30, 2009 (FY09) on a joint-venture property project in Singapore towards the end of the current financial year since the value of property has risen in the island state