Stocks With Momentum Fima Corp, APFT, Oriented Media, Asia Poly, Tanco, Cycle & Carriage, Golden Land, Magna Prima, KKB Engineering

by **Cals** Wed 06 May 2015, 00:12

Stocks With Momentum
Fima Corp, APFT, Oriented Media, Asia Poly, Tanco, Cycle & Carriage, Golden Land, Magna Prima, KKB Engineering

KUALA LUMPUR (May 5): theedgemarkets.com has highlighted nine stocks with momentum at Bursa Malaysia's afternoon market close today. Two of the stocks show positive momentum while seven show negative momentum.
Stocks with positive momentum are:
Fima Corp Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 2.7; valuation: 1.8) up 11 sen at RM2.75
APFT Bhd (fundamental: 0.2; valuation: 0.3) up 0.5 sen at 21.5 sen
Stocks with negative momentum are:
Oriented Media Group Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 1.2; valuation: 0) up 1.5 sen at 21 sen
Asia Poly Holdings Bhd (fundamental: 0.55; valuation: 0.5) up one sen at 53 sen
Tanco Holdings Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 0.55; valuation: 0.9) up 0.5 sen at 18.5 sen
Cycle & Carriage Bintang Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 1.7; valuation: 1.1) up 0.5 sen at RM2.35
Golden Land Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 0.7; valuation: 2) up four sen at RM1.19
Magna Prima Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 0; valuation: 0.3) up two sen at RM1.13
KKB Engineering Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 1.95; valuation: 2) up six sen at RM1.87
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.)