Stocks With Momentum Willowglen, Lien Hoe, Syarikat Takaful, Federal Furniture, Sunsuria, Knusford Kia Lim, Oka, Ken

by **Cals** Tue 14 Apr 2015, 18:57

Stocks With Momentum
Willowglen, Lien Hoe, Syarikat Takaful, Federal Furniture, Sunsuria, Knusford Kia Lim, Oka, Ken

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By Fatin Rasyiqah Mustaza / theedgemarkets.com | April 14, 2015 : 1:17 PM MYT

KUALA LUMPUR (Apr 14): theedgemarkets.com has highlighted nine stocks with momentum at Bursa Malaysia's afternoon market close today. Four of the stocks show positive momentum while five show negative momentum.

Stocks with positive momentum are:

[size=14]Willowglen MSC Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 0.9; valuation: 3) up 5.5 sen at 94.5 sen

Lien Hoe Corp Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 0.55; valuation: 1.2) up 1.5 sen at 36 sen

Syarikat Takaful Malaysia Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 0.95; valuation: 1.5) up 40 sen at RM14.50

Federal Furniture Holdings (M) Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 1; valuation: 1.4) up one sen at 45 sen

Stocks with negative momentum are:

Sunsuria Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 2.5; valuation: 0.8) up nine sen at RM1.60

Knusford Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 1.8; valuation: 3) up two sen at RM1.86

Kia Lim Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 0.8; valuation: 2.4) up 3.5 sen at 60.5 sen

Oka Corp Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 2.4; valuation: 2.4) up one sen at RM1.02

Ken Holdings Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 2.3; valuation: 2.4) up three sen at RM1.12

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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