Stocks With Momentum George Kent, Lii Hen, V.S. Industry, Magni-Tech

by **Cals** Mon 28 Sep 2015, 18:03

Stocks With Momentum

[size=28]George Kent, Lii Hen, V.S. Industry, Magni-Tech

By Yimie Yong / theedgemarkets.com | September 28, 2015 : 1:06 PM MYT

KUALA LUMPUR (Sept 28): theedgemarkets.com highlighted four stocks with momentum at Bursa Malaysia's afternoon market close today. All of the stocks show positive momentum.

The stocks with positive momentum are:

George Kent (M) Bhd ([You must be registered and logged in to see this image.] Valuation: 1.40, Fundamental: 1.40) – up 4 sen at RM1.53

Lii Hen Industries Bhd ([You must be registered and logged in to see this image.] Valuation: 2.10, Fundamental: 2.50) – up 5 sen at RM7.03

V.S. Industry Bhd ([You must be registered and logged in to see this image.] Valuation: 1.10, Fundamental: 1.30) – up 2 sen at RM1.50

Magni-Tech Industries Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) – up 11 sen at RM4.68

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.)
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