Mesiniaga Bhd has bagged a RM19.11 million contract from the Social Security Organisation (Socso).The IT systems integrator and solutions provider said it has accepted a letter of award for the supply, installation and maintenance of local area network and network access control. The contract, it said, is expected to start on Dec 7, 2020 and be completed by July 6, 2026.
Cymao, Edaran, Genetec, Harbour-Link, Kumpulan H&L, Lien Hoe, Mesiniaga, Pinehill, Revenue Group, Rexit, Samaiden, Solarvest, Toyo, Xian Leng, Kobay TheEdge Tue, Jan 19, 2021 02:06pm - 31 minutes ago
KUALA LUMPUR (Jan 19): theedgemarkets.com highlighted 15 stocks with momentum at Bursa Malaysia’s afternoon break today. A total of 14 stocks indicated negative momentum, while one showed positive momentum.
The stocks with negative momentum were:
Cymao Holdings Bhd — up eight sen at RM2.90
Edaran Bhd — up 1.5 sen at 54 sen
Genetec Technology Bhd — up six sen at RM2.69
Harbour-Link Group Bhd — up six sen at 87 sen
Kumpulan H&L High-Tech Bhd — up 26 sen at RM2.10
Lien Hoe Corp Bhd — unchanged at 30 sen
Mesiniaga Bhd — up 15 sen at RM1.66
Pinehill Pacific Bhd — up four sen at 61 sen
Revenue Group Bhd — up four sen at RM1.35
Rexit Bhd — up 7.5 sen at 97.5 sen
Samaiden Group Bhd — up 35 sen at RM2.03
Solarvest Holdings Bhd — up 15 sen at RM2.17
Toyo Ventures Holdings Bhd — up 52 sen at RM3.95
Xian Leng Holdings Bhd — up eight sen at 91 sen
The stock with positive momentum was:
Kobay Technology Bhd — down three sen at RM5.07
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.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....