Stocks With Momentum Cocoaland, Kawan Food, Paramount, Harbour-Link, ECM Libra, Hup Seng, Heitech Padu, HCK Capital, Golden Land, Jerasia, KESM, Asia

by **Cals** Wed 03 Jun 2015, 23:43

Stocks With Momentum
Cocoaland, Kawan Food, Paramount, Harbour-Link, ECM Libra, Hup Seng, Heitech Padu, HCK Capital, Golden Land, Jerasia, KESM, Asia Knight

KUALA LUMPUR (June 3): theedgemarkets.com highlighted twelve stocks with momentum at Bursa Malaysia's afternoon market close today. Two of the stocks show positive momentum while ten show negative momentum.
Stocks with positive momentum are:
Cocoaland Holdings Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 2.8; valuation: 2) up 40 sen at RM2.44
Kawan Food Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 3; valuation: 1.1) up 14 sen at RM2.37
Stocks with negative momentum are:
Paramount Corp Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 1.4; valuation: 2.6) unchanged at RM1.85
Harbour-Link Group Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 1.7; valuation: 1.8) up 16 sen at RM2.24
ECM Libra Financial Group Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 1.35; valuation: 1.65) up seven sen at RM1.43
Hup Seng Industries Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 3; valuation: 2.1) up four sen at RM1.14
Heitech Padu Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 0.35; valuation: 0.9) down three sen at 67 sen
HCK Capital Group Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 2.3; valuation: 1.1) down five sen at RM3
Golden Land Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 0.7; valuation: 2) up 24 sen at RM1.88
Jerasia Capital Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 0.8; valuation: 2.1) up 11 sen at 69 sen
KESM Industries Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 2.5; valuation: 2) down two sen at RM3.65
Asia Knight Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 0.6; valuation: 0.3) up four sen at 47 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.)