This article first appeared in The Edge Financial Daily, on November 1, 2016. Tatt Giap Group Bhd (-ve)SHARES in Tatt Giap Group Bhd (fundamental: 0/3, valuation: 0.9/3) triggered our momentum algorithm yesterday for the fifth time this year. The counter closed two sen or 16.7% higher at 14 sen, after some 4.13 million shares were done, compared with its 200-day average volume of 355,975 shares. The counter was highlighted as a “red flag” stock with momentum by our proprietary algorithm, suggesting that investors should exercise extra caution when trading in its shares. There was no comparative figure with the preceding year’s three months ended Aug 31, 2015, due to a change in its financial year end from Dec 31, 2015 to May 31, 2016.

Source: The Edge Markets November 01, 2016 02:42 UTC