Stocks With Momentum KPSC, Seacera, Comintel, SCGM, GSB, Dufu, Chin Well, Syf Resources

by **Cals** Mon 21 Dec 2015, 22:00

Stocks With Momentum

[size=28]KPSC, Seacera, Comintel, SCGM, GSB, Dufu, Chin Well, Syf Resources

By Meena Lakshana / theedgemarkets.com | December 21, 2015 : 1:45 PM MYT

KUALA LUMPUR (Dec 21): theedgemarkets.com has highlighted eight stocks with momentum at afternoon market close today.

Out of the eight stocks, only one stock shows a positive momentum, while seven stocks show negative momentum.

The stocks are:

KPS Consortium Bhd ([You must be registered and logged in to see this image.] Valuation: 1.70, Fundamental: 1.00) — up 3 sen at 52.5 sen

Seacera Group Bhd ([You must be registered and logged in to see this image.] Valuation: 3.00, Fundamental: 2.30) — up 8 sen at 92 sen

Comintel Corporation Bhd ([You must be registered and logged in to see this image.] Valuation: 1.50, Fundamental: 0.80) — up 19 sen at 83 sen

SCGM Bhd ([You must be registered and logged in to see this image.] Valuation: 1.70, Fundamental: 2.60) — down 2 sen at RM2.95

GSB Group Bhd ([You must be registered and logged in to see this image.] Valuation: 0.30, Fundamental: 0.45) — unchanged at 11 sen

Dufu Technology Corporation Bhd ([You must be registered and logged in to see this image.] Valuation: 1.50, Fundamental: 1.70) — up 2.5 sen at 52 sen

Chin Well Holdings Bhd ([You must be registered and logged in to see this image.] Valuation: 2.00, Fundamental: 2.40) — up 3 sen at RM1.95

Syf Resources Bhd ([You must be registered and logged in to see this image.] Valuation: 1.10, Fundamental: 1.10) — up 2 sen at 59 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.

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 [size=15][You must be registered and logged in to see this link.] for details on a company’s financial dashboard.)[/size]
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