This article first appeared in The Edge Financial Daily, on April 8, 2016.

Excel Force MSC Bhd (-ve)

SHARES of Excel Force MSC Bhd (fundamental: 3/3; valuation: 1.1/3) triggered our momentum algorithm for the second time this year. 

The counter rose as much as 9 sen or 9.3% to RM1.06 yesterday, before easing 4 sen to close at RM1.02, after 8.53 million shares were traded. It only saw 971,072 shares in its 200-day average volume.

Its share price has been on an upward trend over the past 12 months, rising more than 72%.  

Excel Force is a financial services business solutions provider for banks and stock-broking firms.

For the full year, its net profit fell 12.5% to RM7.55 million from RM8.63 million, due to higher operating expenditures, though revenue climbed 15.59% to RM25.28 million.

The stock currently trades at a trailing 12-month P/E of 26.55 times and is at 4.86 times its book value. Its trailing 12-month dividend yield is at 3.09%.