Bursa Community
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Stock With Momentum: Imaspro Corp

Go down

Stock With Momentum: Imaspro Corp Empty Stock With Momentum: Imaspro Corp

Post by Cals Wed 22 Jun 2016, 01:00

Stock With Momentum: Imaspro Corp

By Asia Analytica / The Edge Financial Daily   | June 21, 2016 : 10:28 AM MYT





  • LATEST NEWSCORPORATE




  • FROM THE EDGE

[size]

Stock With Momentum: Imaspro Corp

By Asia Analytica / The Edge Financial Daily   | June 21, 2016 : 10:28 AM MYT   
[/size]
[You must be registered and logged in to see this image.]
[size]
Translated by Google Translator: 



[You must be registered and logged in to see this image.][size=13][size=15][size=14]Select Language[/size][/size][/size]



[/size]



  • Previous
  • Next


[size]
This article first appeared in The Edge Financial Daily, on June 21, 2016.
 
Imaspro Corp Bhd (+ve)
SHARES in Imaspro Corp Bhd (fundamental: 1.45/3, valuation: 0.8/3) triggered our momentum algorithm for the first time this month, after 1.12 million shares changed hands. The counter closed one sen or 0.46% lower at RM2.17 sen yesterday.
Businessman Datuk Dr Yu Kuan Chon has recently upped his stake in Imaspro, bringing his direct stake in the company to 12.31 million shares or 15.386%.
For the third quarter ended March 31, 2016, Imaspro’s net profit dropped 39% year-on-year to RM2.79 million from RM4.54 million, in line with the 45% decline in revenue to RM20.99 million from RM38.14 million in the same period.
The weaker performance was attributed to lower demand in both local and overseas segments, which translated to lower sales for the quarter.
For the cumulative nine-month period, net profit was lower at RM7.04 million, compared with RM8.82 million in the previous year, while revenue fell 28% to RM59.02 million from RM82.28 million.
“The group will continue to focus on its core activities and market expansion, cost control to ensure sustainability of its financial performance,” it said when announcing the results.
The stock currently trades at 1.41 times its book value. The company has consistently paid dividends of three sen per share over the past five years.

[/size]
Cals
Cals
Administrator
Administrator

Posts : 25277 Credits : 57721 Reputation : 1766
Male 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 I’️d have been right perhaps as often as seven out of ten times.”
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis

Back to top Go down

Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum