This article first appeared in The Edge Financial Daily, on March 6, 2017. Tomypak Holdings Bhd (-ve)SHARES in Tomypak Holdings Bhd (fundamental: 2.8/3, valuation: 1.4/3) triggered our proprietary momentum algorithm last Friday, closing nine sen or 4.86% higher at RM1.94. The stock saw some 1.46 million shares traded, exceeding its 200-day average volume of 307,369 shares. For 4QFY16, Tomypak achieved a turnover of RM51.17 million compared with RM56.45 million a year ago, down 9.36%. At the current share price, Tomypak Holdings is trading at 1.69 times its book value.

Source: The Edge Markets March 06, 2017 03:11 UTC