Stocks With Momentum G Neptune, Flonic, YTL e- Solutions, GHL, Xinghe, Privasia, Faber, Ibraco

by **Cals** Wed 11 Mar 2015, 03:33

Stocks With Momentum
G Neptune, Flonic, YTL e- Solutions, GHL, Xinghe, Privasia, Faber, Ibraco

By Chong Jin Hun / theedgemarkets.com | March 10, 2015 : 1:47 PM MYT

KUALA LUMPUR (Mar 10): theedgemarkets.com has highlighted 16 stocks with momentum at afternoon market close today. Two of the stocks show positive momentum while 14 show negative momentum.

Stocks with positive momentum are:

[size=14]G Neptune Bhd (fundamental: 2.15; valuation: 0.3) down 0.5 sen at six sen.

Flonic Hi-Tec Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 0.55; valuation: 0.3) unchanged at 6.5 sen.

Stocks with negative momentum include :

YTL e- Solutions Bhd (fundamental: 1.95; valuation: 2.1) up two sen at 60 sen.

GHL Systems Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 1.2; valuation: 0.7) up four sen at 93.5 sen.

Xinghe Holdings Bhd (fundamental: 1.2; valuation: 0.9) unchanged at 13 sen.

Privasia Technology Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 1.8; valuation: 1.8) unchanged at 26 sen.

Faber Group Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 2.1; valuation: 0.9) up five sen at RM3.15.

Ibraco Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 1.5; valuation: 2.4) up 10 sen at RM2.05.

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. Go to [You must be registered and logged in to see this link.] for details on a company’s financial dashboard.)

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