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Hot Stock K-One share rise 3.85% on news of year-end sales
by Cals Wed 01 Jul 2015, 01:08
Hot Stock
K-One share rise 3.85% on news of year-end sales
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By Sangeetha Amarthalingam / theedgemarkets.com | June 30, 2015 : 1:17 PM MYT
KUALA LUMPUR (June 30): Expectations of year-end overseas festival yield boosted [size=14]K-One Technology Bhd ([You must be registered and logged in to see this image.]Financial Dashboard)’s shares by 1.92% after suffering a downward trend at the end of May.
At 12.28pm, K-One (valuation: 0.8; fundamental: 2.5) rose 0.005 sen to settle at 26 sen with 6.8 million shares done after opening at 0.265 today.
Yesterday, a report in The Edge Financial Daily quoting K-One group executive chairman Edwin Lim stated that business will improve in subsequent quarters and normally peaked in the fourth quarter to cater to year-end sales.
Before midday, the shares rose 3.85% or one sen to settle at 27 sen, giving it a market capitalisation of RM112.53 million.
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K-One share rise 3.85% on news of year-end sales
[You must be registered and logged in to see this image.]
By Sangeetha Amarthalingam / theedgemarkets.com | June 30, 2015 : 1:17 PM MYT
KUALA LUMPUR (June 30): Expectations of year-end overseas festival yield boosted [size=14]K-One Technology Bhd ([You must be registered and logged in to see this image.]Financial Dashboard)’s shares by 1.92% after suffering a downward trend at the end of May.
At 12.28pm, K-One (valuation: 0.8; fundamental: 2.5) rose 0.005 sen to settle at 26 sen with 6.8 million shares done after opening at 0.265 today.
Yesterday, a report in The Edge Financial Daily quoting K-One group executive chairman Edwin Lim stated that business will improve in subsequent quarters and normally peaked in the fourth quarter to cater to year-end sales.
Before midday, the shares rose 3.85% or one sen to settle at 27 sen, giving it a market capitalisation of RM112.53 million.
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