<div class=newsTextDataWrapInner>This article first appeared in The Edge Financial Daily on November 15, 2018</div><div class=newsTextDataWrapInner>Permaju Industries Bhd (-ve) 
TRADING of shares in Permaju Industries Bhd (fundamental: 0.75/3, valuation: 0.9/3) triggered our momentum algorithm yesterday for the sixth time this month. The stock touched a 14-month high to close 1.5 sen or 4.11% higher at 38 sen, giving it a market capitalisation of RM74.46 million.</div>

<div class=newsTextDataWrapInner>The company’s share price has also been on an uptrend since its closing of 26 sen last Tuesday.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner>For the second quarter ended June 30, 2018, Permaju reported a smaller net loss of RM751,000, compared with its net loss of RM1.4 million a year earlier. Revenue climbed 10% year-on-year to RM20.59 million from RM18.66 million.</div>

<div class=newsTextDataWrapInner>The company has been in the red for 11 consecutive quarters since the fourth quarter of 2015.</div>

Permaju Industries Bhd (-ve)
TRADING of shares in Permaju Industries Bhd (fundamental: 0.75/3, valuation: 0.9/3) triggered our momentum algorithm yesterday for the sixth time this month. The stock touched a 14-month high to close 1.5 sen or 4.11% higher at 38 sen, giving i...

Stock With Momentum: Permaju Industries

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More to come
...

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The corporate exercise to merge the AirAsia airline businesses under AirAsia X Bhd (AAX) is apparently sufficient to offset all of the RM8.7 billion negative equity in Capital A Bhd, according to chief executive officer Tan Sri Tony Fernandes.

Anyone called in by the Malaysian Anti-Corruption Commission (MACC), either as a witness or subject of investigation, is given ample opportunity to provide additional, detailed information as they please, and this includes imprisoned former prime minister Datuk Seri Najib Razak.