Stocks With Momentum iDimension, Xidelang, Notion Vtec, BP Plastics, Supermax, Ge-Shen, Federal Furniture

by **Cals** Sat 01 Aug 2015, 03:19

Stocks With Momentum
iDimension, Xidelang, Notion Vtec, BP Plastics, Supermax, Ge-Shen, Federal Furniture

KUALA LUMPUR (July 31): [size=12]theedgemarkets.com highlighted seven stocks with momentum at Bursa Malaysia’s afternoon market close today. Two stocks show positive momentum while five stocks show negative momentum.
Stocks with positive momentum are :
iDimension Consolidated Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 1.45; valuation: 0.3) unchanged at 13 sen
Xidelang Holdings Ltd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 1.3; valuation: 1.5) up one sen at 19.5 sen
Stocks with negative momentum are:
Notion VTec Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 1.15; valuation: 0.9) up 0.5 sen at 48 sen
BP Plastics Holdings Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 2.5; valuation: 1.4) up 4.5 sen at RM1
Supermax Corp Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 1; valuation: 0.8) up 17 sen at RM2.44
Ge-Shen Corp Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 2.2; valuation: 1.1) up 2.5 sen at 98 sen
Federal Furniture (M) Holdings Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) (fundamental: 1; valuation: 0.5) up 2.5 sen at 50.5 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.
(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]