This article first appeared in The Edge Financial Daily, on October 28, 2016. VisDynamics Holdings Bhd (+ve)SHARES in VisDynamics Holdings Bhd (fundamental: 1.8/3, valuation: 0.3/3), which triggered our momentum algorithm yesterday for the first time this month, closed up 2.5 sen or 11.11% at 25 sen per share. The counter saw 3.01 million shares traded yesterday, compared with its 200-day average volume of 394,986 shares. For the nine months ended July 31, 2016, net profit stood at RM2.15 million, versus RM318,000 in the previous year, as revenue rose 84% to RM15.73 million from RM8.57 million. The stock is now trading at 1.15 times its net book value.

Source: The Edge Markets October 28, 2016 02:35 UTC