<div>This article first appeared in <em>The Edge Financial Daily</em>, on October 24, 2016.<br />
<br />
&nbsp;</div>

<div class=newsTextDataWrapInner><p><strong>Integrated Logistics Bhd (-ve)</strong></p></div>

<div class=newsTextDataWrapInner><p>SHARES in Integrated Logistics Bhd (fundamental: 1.35/3, valuation: 1.8/3) triggered our momentum algorithm last Friday for the first time since it began tracking in 2014.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The stock price rose two sen or 2.35% to close at 87 sen, after 505,200 shares were exchanged. It saw only an average volume of 58,710 shares traded in the past 200 days.</p></div>

<div class=newsTextDataWrapInner><p>The integrated logistics provider remained in the red in its second quarter ended June 30, 2016 with a net loss of RM2.2 million, compared with a loss of RM3.5 million a year ago, as operating costs increased, while revenue was a marginal 1.1% higher at RM6.53 million than previously.</p></div>

<div class=newsTextDataWrapInner><p>In the six-month period, its net loss widened to RM6.35 million from RM6.05 million a year ago, as revenue fell 21.3% to RM12.58 million from RM15.98 million.</p></div>

<div class=newsTextDataWrapInner><p>The company provides warehousing, transportation and distribution-related services, mainly in China. It also has central distribution and logistics warehouse facilities in Dubai.</p></div>

<div class=newsTextDataWrapInner><p>The stock currently trades at 0.51 times its book value.</p></div>


This article first appeared in The Edge Financial Daily, on October 24, 2016.

 

Integrated Logistics Bhd (-ve)

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<p>The Sultan of Selangor, Sultan Sharafuddin Idris Shah, has extended condolences to the family of former inspector general of police Tun Mohammed Hanif Omar, who died early on Saturday morning.</p>


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<p>Perikatan Nasional (PN) will hold a supreme council meeting on Monday (April 22) on the selection of candidate to contest in the Kuala Kubu Baharu state by-election on May 11.</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>


<p>S P Setia Bhd has officially launched the LakePoint Complex commercial hub at the 1,235-acre freehold township of SetiaAlam Impian in Shah Alam on Saturday. The ceremony was officiated by the Sultan of Selangor, Sultan Sharafuddin Idris Shah.</p>
