Stocks With Momentum Khee San, Jaycorp, Rexit, Heng Huat, Datasonic, Only World, SYF, Oriental Food, D'nonce, Pentamaster, Barakah, Golden Land, Denko

by **Cals** Thu 23 Jul 2015, 17:43

Stocks With Momentum
Khee San, Jaycorp, Rexit, Heng Huat, Datasonic, Only World, SYF, Oriental Food, D'nonce, Pentamaster, Barakah, Golden Land, Denko

KUALA LUMPUR (July 23): theedgemarkets.com highlighted 13 stocks with momentum at Bursa Malaysia's afternoon market close today. Two stocks have positive momentum while eleven have negative momentum.
Stocks with positive momentum are:
[size=13]Khee San Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 0.3; valuation: 1.7) up 2.5 sen at 89 sen[/size]
[size=13]Jaycorp Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 1.4; valuation: 2.6) up 2.5 sen at 87.5 sen[/size]
Stocks with negative momentum are:
[size=13]Rexit Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 1.95; valuation: 1.3) up two sen at 47.5 sen[/size]
[size=13]Heng Huat Resources Group Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: N/A; valuation: N/A) up three sen at 52.5 sen[/size]
[size=13]Datasonic Group Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 0.8; valuation: 0.9) up 11 sen at RM1.36[/size]
Only [size=13]World Group Holdings Bhd (fundamental: N/A; valuation: N/A) up 18 sen at RM2.89[/size]
[size=13]SYF Resources Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 0.8; valuation: 1.5) up two sen at 55 sen[/size]
[size=13]Oriental Food Industries Holdings Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 2.8; valuation: 1.1) up nine sen at RM6.04[/size]
[size=13]D'nonce Technology Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 0.95; valuation: 0.9) up two sen at 57 sen[/size]
[size=13]Pentamaster Corp Bhd (fundamental: 2.1; valuation: 0.5) 1.5 sen at 90.5 sen[/size]
[size=13]Barakah Offshore Petroleum Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 1.95; valuation: 0.3) up two sen at 97.5 sen[/size]
[size=13]Golden Land Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 0.7; valuation: 2) down six sen at RM1.74[/size]
[size=13]Denko Industrial Corp ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 0.8; valuation: 0.9) up two sen at 37 sen[/size]
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: [size=12]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.)[/size]