Stock With Momentum: Eonmetall Group
Page 1 of 1
Stock With Momentum: Eonmetall Group
Stock With Momentum: Eonmetall Group
By Asia Analytica / The Edge Financial Daily | May 10, 2016 : 10:52 AM MYTThis article first appeared in The Edge Financial Daily, on May 10, 2016.
Eonmetall Group Bhd (-ve)
Shares in Eonmetall Group Bhd (fundamental: 0.65/3, valuation: 1.1/3) triggered our momentum algorithm for the second time this month. The stock saw 3.37 million shares traded yesterday, against its 200-day average volume of 110,258.5 shares, closing 0.5 sen or 1.12% lower at 44 sen.
The steel and industrial product manufacturer reported a net profit of RM2.61 million for the fourth quarter ended Dec 31, 2015, from a net loss of RM765,000 a year ago.
Revenue for the quarter rose 24% to RM20.65 million from RM16.66 million.
For the cumulative 12 months, net profit stood at RM5.22 million, from a net loss of RM2.3 million, on the back of a 24% increase in revenue to RM79.66 million from RM64.42 million.
Eonmetall shares are trading at 0.5 times their book value. The company has not paid out any dividends since 2013.
[You must be registered and logged in to see this image.]
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
Similar topics
» Stock With Momentum: Eonmetall Group
» Stock With Momentum: CME Group
» Stock With Momentum: SCH Group
» Stock With Momentum: Key Alliance Group
» Stock With Momentum: Muar Ban Lee Group
» Stock With Momentum: CME Group
» Stock With Momentum: SCH Group
» Stock With Momentum: Key Alliance Group
» Stock With Momentum: Muar Ban Lee Group
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
|
|