<div>This article first appeared in <em>The Edge Financial Daily</em>, on October 13, 2016.<br />
<br />
&nbsp;</div>

<div class=newsTextDataWrapInner><p><strong>Hexza Corp Bhd (-ve)</strong></p></div>

<div class=newsTextDataWrapInner><p>SHARES in Hexza Corp Bhd (fundamental: 1.45/3, valuation: 2.6/3) triggered our momentum algorithm for the first time this year as they rose by 1.6% or 1.5 sen to close at 95.5 sen yesterday, with 1.21 million shares changing hands. In comparison, their 200-day average volume was only about 135,371 shares.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The surge in its volume happened despite the lack of any new announcement.</p></div>

<div class=newsTextDataWrapInner><p>The group’s latest financial results saw its net profit grow by 24.9% to RM4.12 million in the fourth financial quarter ended June 30, 2016, from RM3.3 million a year ago.</p></div>

<div class=newsTextDataWrapInner><p>In its filing with Bursa Malaysia, the board said it was confident that the performance for the financial year ending June 30, 2017 (FY17) would be comparable with FY16.</p></div>

<div class=newsTextDataWrapInner><p>At its current price, it is trading at a trailing price-earnings ratio of 11.9 times with a market capitalisation of RM191.36 million. The group has gained by 4.95% year-to-date and 12.64% compared with a year ago. It also has a decent trailing dividend yield of about 4.71%.</p></div>


This article first appeared in The Edge Financial Daily, on October 13, 2016.

 

Hexza Corp Bhd (-ve)

SHARES in Hexza Corp Bhd (fundamental: 1.45/3, valuation: 2.6/3) triggered our momentum algorithm for the first time this year...

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<p>A Philippine freight railway project may be built with the support of the US and Japan, an official in charge of it said, as Manila seeks alternative financing deals after dropping funding talks with China.</p>


<p>A highly anticipated Bitcoin software update called the “halving” has been completed, dealing a potential blow to the companies that make money by ensuring that the digital currency functions smoothly and securely.</p>


<p>Digital Nasional Bhd (DNB), the operator of Malaysia’s 5G telecommunications assets, said the process in relation to the subscription of its shares by five mobile network operators (MNOs) in this country is ongoing.</p>


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<p>The World Bank on Friday said that 11 countries have pledged to contribute over US$11 billion (RM52.62 billion) to new hybrid capital and portfolio guarantee instruments designed to expand the bank's financing capacity by US$70 billion over a decade to tackle climate change, pandemics and other global challenges.</p>


<p>PKR Information chief Fahmi Fadzil said no specific names were discussed regarding the leadership of the Sabah PKR State Leadership Council (MPN) at a special meeting with Prime Minister Datuk Seri Anwar Ibrahim on Saturday.</p>


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