<div>This article first appeared in <em>The Edge Financial Daily</em>, on October 27, 2016.<br />
<br />
&nbsp;</div>

<div class=newsTextDataWrapInner><p><strong>Jerasia Capital Bhd (+ve)</strong></p></div>

<div class=newsTextDataWrapInner><p>SHARES in Jerasia Capital Bhd (fundamental: 0.35/3, valuation: 1.1/3), which gained one sen or 1.49% to close at 68 sen yesterday, triggered our momentum algorithm for the first time this month.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>One million shares were exchanged, compared with the stock’s 200-day average volume of 89,621.</p></div>

<div class=newsTextDataWrapInner><p>The company’s share price has risen significantly since last week, jumping 16.5 sen or 32% to close at 67.5 sen on Oct 19, from its closing of 51 sen on Oct 18.</p></div>

<div class=newsTextDataWrapInner><p>The jump triggered an unusual market activity query from the bourse regulator, though Jerasia said it wasn’t aware of the reason behind the sudden gain.</p></div>

<div class=newsTextDataWrapInner><p>For the second quarter ended Sept 30, 2015 (2QFY16), the company’s net profit rose 32% y-o-y to RM1.28 million, as revenue rose 18% to RM94.92 million.</p></div>

<div class=newsTextDataWrapInner><p>Jerasia is trading at 0.39 times its net book value.</p></div>


This article first appeared in The Edge Financial Daily, on October 27, 2016.

 

Jerasia Capital Bhd (+ve)

SHARES in Jerasia Capital Bhd (fundamental: 0.35/3, valuation: 1.1/3), which gained one sen or 1.49% to close at 68 sen y...

Stock With Momentum: Jerasia Capital

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