Stocks With Momentum HWGB, DBhd, Scable, TPC, Poh Kong, Eden, AmProp, Cymao, Malton, AsiaFle, Bahvest, PiCorp, Dataprp, SernKou

by **Cals** Sat 07 Nov 2015, 02:29

Stocks With Momentum

[size=28]HWGB, DBhd, Scable, TPC, Poh Kong, Eden, AmProp, Cymao, Malton, AsiaFle, Bahvest, PiCorp, Dataprp, SernKou

By Gho Chee Yuan / theedgemarkets.com | November 6, 2015 : 1:12 PM MYT

KUALA LUMPUR (Nov 6): theedgemarkets.com highlighted 15 stocks with momentum at Bursa Malaysia's afternoon market close today. It showed two with positive momentum and 13 with negative momentum.

The stocks with positive momentum are:

Ho Wah Genting Bhd ([You must be registered and logged in to see this image.] Valuation: 0.30, Fundamental: 0.35) finished the morning trading session unchanged at 13 sen

Damansara Realty Bhd ([You must be registered and logged in to see this image.] Valuation: 0.00, Fundamental: 0.80) up 29 sen or 48.33% 89 sen

The stocks with negative momentum are:

Sarawak Cable Bhd ([You must be registered and logged in to see this image.] Valuation: 1.40, Fundamental: 0.55) gained eight sen or 5.23% at RM1.61

TPC Plus Bhd ([You must be registered and logged in to see this image.] Valuation: 0.20, Fundamental: 0.75) rose five sen or 9.43% at 58 sen

Poh Kong Holdings Bhd ([You must be registered and logged in to see this image.] Valuation: 1.60, Fundamental: 0.85) added 1.5 sne or 3% at 51.5 sen

Eden Inc ([You must be registered and logged in to see this image.] Valuation: 0.90, Fundamental: 0.15). Bhd gained two sen or 8.16% at 26.5 sen

Amcorp Properties Bhd ([You must be registered and logged in to see this image.] Valuation: 2.40, Fundamental: 2.30) up 3.5 sen or 3.74% at 97 sen

Cymao Holdings Bhd ([You must be registered and logged in to see this image.] Valuation: 0.90, Fundamental: 1.65) fell 4.5 sen or 10.47% at 38.5 sen

Malton Bhd ([You must be registered and logged in to see this image.] Valuation: 2.00, Fundamental: 1.10) rose two sen or 2.52% at 81.5 sen

Asia File Corp Bhd ([You must be registered and logged in to see this image.] Valuation: 1.40, Fundamental: 3.00) added 37 sen or 8.41% at RM4.77

Borneo Aqua Harvest Bhd ([You must be registered and logged in to see this image.] Valuation: 0.00, Fundamental: 0.80) climbed 2.5 sen or 2.73% at 94 sen

Progressive Impact Corp Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) dipped 2.5 sen or 10.42% at 21.5 sen

Dataprep Holdings Bhd ([You must be registered and logged in to see this image.] Valuation: 0.00, Fundamental: 1.35) gained one sen or 5.26% at 20 sen

Sern Kou Resources Bhd ([You must be registered and logged in to see this image.] Valuation: 0.90, Fundamental: 0.55) fell one sen at 66.5 sen

Ibraco Bhd ([You must be registered and logged in to see this image.] Valuation: 0.90, Fundamental: 1.70) rose 12 sen or 11.43% at RM1.17

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.)
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