Stock With Momentum: Spritzer
Page 1 of 1
Stock With Momentum: Spritzer
Stock With Momentum: Spritzer
By Asia Analytica / The Edge Financial Daily | January 22, 2016 : 10:52 AM MYTThis article first appeared in The Edge Financial Daily, on January 22, 2016.
Stock With Momentum: [size=16]Spritzer Bhd ([You must be registered and logged in to see this image.] Valuation: 0.80, Fundamental: 1.40) (+ve)
SHARES of Spritzer (Fundamental: 1.4/3, Valuation: 0.8/3) rose 1.3% to close at RM2.38. The trading volume was relatively high with 417,400 shares changing hands compared to its 200-day average of 73,058 shares. Spritzer last featured in “Stocks with Momentum” on Feb 27, 2015 and had risen by 14.4% ever since. The company is expected to announce its 2QFYMay2016 results by next Friday.
For 1QFY2016, revenue increased by 7.0% to RM66.7 million due to increased sales volume and better average selling prices. Profit also grew by 7.0% to RM9.4 million, contributed by increased sales revenue and reduction in packaging material costs.
The group is involved in manufacturing and distribution of natural mineral water, sparkling natural mineral water, distilled drinking water, carbonated fruit flavoured drink, non-carbonated fruit flavoured drink, functional drink, toothbrushes, preforms and packaging bottles.
The stock trades at a trailing PE of 14.71 times and 1.54 times book value.
[You must be registered and logged in to see this image.]
[/size]
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
Similar topics
» Stocks With Momentum Spritzer, Farm’s Best, CWorks, NTPM
» Stocks With Momentum Luxchem, Spritzer, Tien Wah, CSC Steel, Classic Scenic
» Stocks With Momentum Tatt Giap, NWP, Alcom, Spritzer, Asia Poly, Wang-Zheng, LB Aluminium, Unimech, AWC
» Stock With Momentum: MWE
» Stock With Momentum: Kia Lim
» Stocks With Momentum Luxchem, Spritzer, Tien Wah, CSC Steel, Classic Scenic
» Stocks With Momentum Tatt Giap, NWP, Alcom, Spritzer, Asia Poly, Wang-Zheng, LB Aluminium, Unimech, AWC
» Stock With Momentum: MWE
» Stock With Momentum: Kia Lim
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum