Saturday 27 Apr 2024
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KUALA LUMPUR (Mar 16): Shares of Sasbadi Holdings Bhd (Fundamental: 2.25; Valuation: 0.30) rose 5% or 8 sen to as high as RM1.75 in morning trades, after reports the company expected higher revenue from its digital products.

At 10:56 am, the counter pared some gains to settle 2.99% or 5 sen higher at RM1.72, with some 359,400 shares changing hands.

Group managing director Law King Hui told The Edge Financial Daily that aside from its syllabus-based publications, the company was looking to complement its revenue stream for financial year ending August 2015 with products that incorporate technological advancements.

He added that the new products included an electronic tablet designed specifically for teacher training colleges.

(The Edge Research’s fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)

 

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