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This article first appeared in The Edge Financial Daily on February 15, 2018

Nextgreen Global Bhd (+ve)
SHARES in Nextgreen Global Bhd (fundamental: 1.05/3, valuation: 0.3/3), formerly known as BHS Industries Bhd, closed unchanged at 38.5 sen. It saw 1.94 million shares traded, exceeding its 200-day average volume of 766,161 shares.

Over the past 12 months, the stock has fallen about 17.2%. At the current price, Nextgreen has a market capitalisation of RM166.09 million.

Nextgreen reported a net loss of RM3.29 million for the first quarter ended Sept 30, 2017 (1QFY18) compared with a net loss of RM2.37 million a year ago, on lower overseas and local sales.

Revenue shrank 47.15% to RM3.53 million in 1QFY18 from RM6.68 million a year ago, due to its printing and start-up businesses which incurred losses.

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