This article first appeared in The Edge Financial Daily, on February 28, 2017. AT Systematization Bhd (-ve)Shares in AT Systematization Bhd (fundamental: 1.65/3, valuation: 0.9/3) triggered our momentum algorithm yesterday for the first time this year. The counter fell 0.5 sen or 11.11% to four sen on some 139.39 million shares traded, 18.66 times its 200-day average trading volume of 7.47 million shares. However, revenue for 3QFY17 fell almost 22% to RM4.07 million due to lower sales from the fabrication business. The stock is currently trading at 0.61 times its net book value.
Source: The Edge Markets February 28, 2017 03:33 UTC