Stocks With Momentum SIG Gases, Taliworks, Stemlife, Spring Gallery, Java, Atrium, Alcom, LCTH, Can-One, LBI, Instacom, Weida, Petra Energy, Euro

by **Cals** Sun 15 Nov 2015, 02:11

Stocks With Momentum

[size=28]SIG Gases, Taliworks, Stemlife, Spring Gallery, Java, Atrium, Alcom, LCTH, Can-One, LBI, Instacom, Weida, Petra Energy, Euro

By Sangeetha Amarthalingam / theedgemarkets.com | November 13, 2015 : 1:49 PM MYT

KUALA LUMPUR (Nov 13): theedgemarkets.com highlighted 14 stocks at Bursa Malaysia’s afternoon market close today. Two had positive momentum while 12 showed negative momentum.

Stocks with positive momentum were:

SIG Cases Bhd ([You must be registered and logged in to see this image.] Valuation: 2.00, Fundamental: 1.60) - up five sen at 54.5 sen

Taliworks Corp Bhd ([You must be registered and logged in to see this image.] Valuation: 1.80, Fundamental: 1.50) - up 10 sen at RM1.58

Stocks with negative momentum were:

Stemlife Bhd ([You must be registered and logged in to see this image.] Valuation: 0.00, Fundamental: 1.95) - up 1.5 sen at 44 sen

Spring Gallery Bhd - up 0.5 sen at 70.5 sen

Java Bhd ([You must be registered and logged in to see this image.] Valuation: 0.90, Fundamental: 0.00) - up one sen at 26.9 sen

Atrium Real Estate Investment Trust ([You must be registered and logged in to see this image.] Valuation: 3.00, Fundamental: 2.45) - down one sen at RM1.10

Aluminium Co of Malaysia Bhd (Alcom) ([You must be registered and logged in to see this image.] Valuation: 1.80, Fundamental: 2.25) - up one sen at 70 sen

LCTH Corp Bhd ([You must be registered and logged in to see this image.] Valuation: 1.40, Fundamental: 2.10) - up four sen at 80 sen

Can-One Bhd ([You must be registered and logged in to see this image.] Valuation: 1.80, Fundamental: 1.10) - flat at RM3.89

LBI Capital Bhd ([You must be registered and logged in to see this image.] Valuation: 2.10, Fundamental: 1.80) - down three sen at RM1.56

Instacom Group Bhd ([You must be registered and logged in to see this image.] Valuation: 0.00, Fundamental: 1.25) - down one sen at 21.5 sen

Weida (M) Bhd ([You must be registered and logged in to see this image.] Valuation: 2.40, Fundamental: 1.70) - up seven sen at RM2.01

Petra Energy Bhd ([You must be registered and logged in to see this image.] Valuation: 2.00, Fundamental: 1.00) - up eight sen at RM1.39

Euro Holdings Bhd ([You must be registered and logged in to see this image.] Valuation: 0.30, Fundamental: 0.75) - up 1.5 sen at 29.5 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.)
[/size]