Stocks With Momentum IDimension, Rubberex, Borneo Aqua, Hunza, UOA REIT, Yoong Onn, Leon Fuat, Solid Automotive, Kim Hin, Prolexus, KESM, Pensonic

by **Cals** Mon 27 Jul 2015, 20:17

Stocks With Momentum
IDimension, Rubberex, Borneo Aqua, Hunza, UOA REIT, Yoong Onn, Leon Fuat, Solid Automotive, Kim Hin, Prolexus, KESM, Pensonic

KUALA LUMPUR, (July 24): theedgemarkets.com highlighted 12 stocks with momentum at Bursa Malaysia's afternoon market close today. Two stocks show positive momentum while 10 stocks show negative momentum.
Stocks with positive momentum are:
[size=14]IDimension Consolidated Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 1.45; valuation: 0.3) up two sen at 13 sen
Rubberex Corp (M) Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 1.4; valuation: 2.6) up 0.5 sen at 81.5 sen
Stocks with negative momentum are:
Borneo Aqua Harvest Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 0.8; valuation: 0) up 3.5 sen at 98.5 sen
Hunza Properties Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 1.7; valuation: 1.5) up two sen at RM1.63
UOA Real Estate Investment Trust ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 1; valuation: 2.3) up two sen at RM1.63
Yoong Onn Corp Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 2.8; valuation: 1.8) up four sen at RM1.14
Leon Fuat Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 0.45; valuation: 1.8) up 2.5 sen at 59 sen
Solid Automotive Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: N/A; valuation: N/A) flat at RM1.79
Kim Hin Industry Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 2.5; valuation: 2.6) up five sen at RM2.25
Prolexus Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 2.1; valuation: 1.5) up two sen at RM2.65
KESM Industries ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 2.5; valuation: 2) up 12 sen at RM4.33
Pensonic Holdings Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 0.35; valuation: 2.4) up 8.5 sen at 61 sen
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.
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(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.)[/size]