Stocks With Momentum Thong Guan, Caring, EA Holdings, PRG, Efficient E-Solutions, Hexza, Acoustech, TSR, DBE, Plastrade, Halex, Diversified Gateway, Y

by **Cals** Mon 23 Nov 2015, 00:17

Stocks With Momentum

[size=28]Thong Guan, Caring, EA Holdings, PRG, Efficient E-Solutions, Hexza, Acoustech, TSR, DBE, Plastrade, Halex, Diversified Gateway, YKGI, Selangor Properties

By Chester Tay / theedgemarkets.com | November 20, 2015 : 1:29 PM MYT

KUALA LUMPUR (Nov 20): theedgemarkets.com highlighted 14 stocks with momentum at Bursa Malaysia’s afternoon market close today. The list showed one stocks with positive momentum and 13 with negative momentum.

The stocks with positive momentum are:

Thong Guan Industries Bhd ([You must be registered and logged in to see this image.] Valuation: 1.40, Fundamental: 2.50)— up 19 sen at RM2.44

The stock with negative momentum are:

Caring Pharmacy Group Bhd ([You must be registered and logged in to see this image.] Valuation: 0.30, Fundamental: 2.05)— up five sen at RM2.10

EA Holdings Bhd ([You must be registered and logged in to see this image.] Valuation: 0.30, Fundamental: 0.60)— up 0.5 sen at 14 sen

PRG Holdings Bhd ([You must be registered and logged in to see this image.] Valuation: 2.00, Fundamental: 1.10)— up 5.5 sen at 76.5 sen

Efficient E-Solutions Bhd ([You must be registered and logged in to see this image.] Valuation: 1.10, Fundamental: 1.65)— up two sen at 27.5 sen

Hexza Corp Bhd ([You must be registered and logged in to see this image.] Valuation: 2.60, Fundamental: 1.45)— up 5.5 sen at 99 sen

Acoustech Bhd ([You must be registered and logged in to see this image.] Valuation: 1.10, Fundamental: 2.50)— up 1.5 sen at 65 sen

TSR Capital Bhd ([You must be registered and logged in to see this image.] Valuation: 2.00, Fundamental: 0.65)— fell 0.5 sen at 78.5 sen

DBE Gurney Resources Bhd ([You must be registered and logged in to see this image.] Valuation: 0.90, Fundamental: 0.00)— fell one sen at 6.5 sen

Plastrade Technology Bhd ([You must be registered and logged in to see this image.] Valuation: 0.90, Fundamental: 1.15)— fell 0.5 sen at 13 sen

Halex Holdings Bhd ([You must be registered and logged in to see this image.] Valuation: 1.10, Fundamental: 1.55)— up 3.5 sen at 59 sen

Diversified Gateway Solutions ([You must be registered and logged in to see this image.] Valuation: 0.20, Fundamental: 1.40)— up one sen at 8 sen

YKGI Holdings Bhd ([You must be registered and logged in to see this image.] Valuation: 0.90, Fundamental: 0.00)— up 0.5 sen at 25.5 sen

Selangor Properties Bhd ([You must be registered and logged in to see this image.] Valuation: 1.40, Fundamental: 1.25)— up nine sen at RM5.50

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.

(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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