Stocks With Momentum Ge-Shen, Heveaboard, Homeritz, Minho, Jaycorp, Denko, Omesti, KPS Consortium

by **Cals** Wed 22 Jul 2015, 17:20

Stocks With Momentum
Ge-Shen, Heveaboard, Homeritz, Minho, Jaycorp, Denko, Omesti, KPS Consortium

KUALA LUMPUR, (July 22): theedgemarkets.com has highlighted eight stocks with momentum at afternoon market close today. One stock show positive momentum and seven stocks show negative momentum.
Stock with positive momentum is:
Ge-Shen Corporation Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 2.20; valuation: 1.10) up 5.5 sen to 93.5 sen.
Stocks with negative momentum are
Heveaboard Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 2.10; valuation: 1.40) up 9 sen to RM1.14.
Homeritz Corp Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 1.95; valuation: 0.90) flat to RM1.14.

Minho (M) Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 1.70; valuation: 1.10) up 5 sen at RM1.88.
Jaycorp Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 1.40; valuation: 2.60) up 3.5 sen at 80.5 sen.
Denko Industrial Corporation ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 0.80; valuation: 0.90) up 1.5 sen at 35 sen.
Omesti Bhd (fundamental: 0.95; valuation: 0.90) up 2.5 sen at 70.5 sen.
KPS Consortium Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 1.00; valuation: 2.10) up 1 sen at 49 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.
[size=12](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.)[/size]