<div class=newsTextDataWrapInner><p><span style="font-style: italics;">This article first appeared in The Edge Financial Daily on September 3, 2019</span></p></div><div class=newsTextDataWrapInner><p><strong>Rohas Tecnic Bhd (+ve)</strong></p></div>

<div class=newsTextDataWrapInner><p>TRADING of shares in Rohas Tecnic Bhd (fundamental: 0.65/3, valuation: 1.4/3) triggered our momentum algorithm last Friday for the first time this year. The stock gained one sen or 1.8% at 56.5 sen last Friday, with 966,000 shares traded, higher than its 200-day average volume of 251,870 shares.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The group is involved in manufacture, design, fabrication, and erection of power transmission towers and telecommunications towers and design and fabrication of electrical substation structures.</p></div>

<div class=newsTextDataWrapInner><p>For the second quarter ended June 30, 2019, Rohas’ net profit leapt 86% to RM11.21 million from RM6.04 million in the previous corresponding quarter. Quarterly revenue rose 41% to RM127.02 million from RM90.34 million previously.</p></div>

<div class=newsTextDataWrapInner><p>As at last Friday, Rohas was trading at 0.81 times its net book value.</p></div>


Rohas Tecnic Bhd (+ve)

TRADING of shares in Rohas Tecnic Bhd (fundamental: 0.65/3, valuation: 1.4/3) triggered our momentum algorithm last Friday for the first time this year. The stock gained one sen or 1.8% at 56.5 sen last Friday, with 966,000 shares traded, higher t...

Stock With Momentum: Rohas Tecnic

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