Stocks With Momentum Ingenco, Boon Koon, ES Ceramics, SCC, Heitech, Can-One, APFT, VS, Mulpha, Jasa Kita

by **Cals** Sat 28 Mar 2015, 02:09

Stocks With Momentum
Ingenco, Boon Koon, ES Ceramics, SCC, Heitech, Can-One, APFT, VS, Mulpha, Jasa Kita

By Supriya Surendran / theedgemarkets.com | March 27, 2015 : 1:58 PM MYT

KUALA LUMPUR (Mar 27): [size=12]theedgemarkets.com has highlighted 10 stocks with momentum at afternoon market close today. Two of the stocks show positive momentum while eight show negative momentum.

Stocks with positive momentum are:

Ingenuity Consolidated Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 0.95; valuation: 0.9) up 0.5 sen at 8 sen

Boon Koon Group Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 0.15; valuation: 1.2) unchanged at 13 sen

Stocks with negative momentum are:

ES Ceramics Technology Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 3; valuation: 1.5) up 1.5 sen at 32 sen

SCC Holdings Bhd ([You must be registered and logged in to see this image.] Financial Dashboard)(fundamental: 1.95; valuation: 2.1) up 15 sen at RM1.94

Heitech Padu Bhd ([You must be registered and logged in to see this image.] Financial Dashboard)(fundamental: 0.35; valuation: 1.2) down 0.5 sen at 60 sen

Can-One Bhd ([You must be registered and logged in to see this image.] Financial Dashboard)(fundamental: 1.1; valuation: 1.2) up 5 sen at RM2.85

APFT Bhd (fundamental: 0.2; valuation: 0.3) unchanged at 17.5sen

V.S Industry Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 1.1; valuation: 2.4) down 2 sen at RM4.39

Mulpha Land Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental:1.3;valuation:1.8) up 8 sen at 77.5 sen

Jasa Kita Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 1.3; valuation: 1.2) up 0.5sen at 18 sen

The list of stocks with momentum is generated using a proprietary mathematical algorithm highlighting stocks with a build-up in trading volume and price. The algorithm differentiates between stocks that exhibit positive (+ve) momentum and negative (-ve) momentum.

This list is not a buy or sell recommendation. It merely tells you which stocks are seeing higher than normal volume and price movements. The share price may move up or down from this point. But the “+ve” (suggesting a rising price trend on volume) and “-ve” (suggesting a falling price trend on volume) indicators should give readers a better idea of what the market is buying and when to sell. Note also that momentum generally only persists for a short period of time.

However, each stock has an accompanying fundamental score and valuation score to help readers evaluate the attractiveness of the stocks, if they want to ride the momentum.

(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations. Go to [You must be registered and logged in to see this link.] for details on a company’s financial dashboard.)
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