<div>This article first appeared in <em>The Edge Financial Daily</em>, on March 16, 2017.<br />
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<div class=newsTextDataWrapInner><p><strong>JF Technology Bhd (-ve)</strong></p></div>

<div class=newsTextDataWrapInner><p>SHARES in JF Technology Bhd (fundamental: 2.5/3, valuation: 0.2/3) triggered our momentum algorithm for the first time since we started tracking. The counter closed 1.5 sen or 2.8% higher at 55 sen yesterday, with 644,800 shares traded. In comparison, its 200-day average volume is only around 13,554 shares.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The electronic products and components manufacturer saw a turnaround with a net profit of RM1.17 million in the second quarter ended Dec 31, 2016 (2QFY17), compared to a net loss of RM300,000 a year earlier, mainly due to an increase in export sales and strengthening of the US dollar against the ringgit during the quarter. Revenue rose 19.57% to RM5.65 million from RM4.7 million.</p></div>

<div class=newsTextDataWrapInner><p>For the six-month period of FY17, its net profit jumped 49.44% to RM2.66 million from RM1.78 million. Revenue rose 17.01% to RM11.9 million from RM10.17 million.</p></div>


This article first appeared in The Edge Financial Daily, on March 16, 2017.

 

JF Technology Bhd (-ve)

SHARES in JF Technology Bhd (fundamental: 2.5/3, valuation: 0.2/3) triggered our momentum algorithm for the first time since ...

Stock With Momentum: JF Technology

Doctor-turned-businessman Tan Sri Mohan MK Swami and his partner Datuk Seri Dr Shamir Kumar Nandy agreed on Thursday to acquire a 58% stake in property management company Turiya Bhd for RM52.86 million from MAA Group Bhd.

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Uday Kotak built his Kotak Mahindra Bank Ltd over decades to become Asia’s richest banker. After India’s regulator slapped his firm with a surprise ban, he’s facing one of his biggest tests yet — and a dip in wealth.

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Berjaya Corp Bhd (BCorp) has denied that its founder Tan Sri Vincent Tan Chee Yioun participated in talks to revive a US$100 billion (RM477.60 billion) Forest City casino resort as reported recently.

Berjaya Corp denies participation in talks to revive Forest City casino resort

Govt to announce second 5G network next week, coverage now at 80.3%, says Fahmi

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<p>Shares of ViTrox Corp Bhd are headed for its worst day in 18 months as first-quarter (1Q) results disappointed investors while analysts turned increasingly cautious on the semiconductor company’s near-term prospects.</p>


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<p>Wall Street stocks closed lower on Thursday as markets were stunned by data showing slower-than-expected US economic growth and persistent inflation, coupled with a sell-off in large cap stocks triggered by disappointing results from Meta Platforms.</p>


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<p>Harvey Weinstein's 2020 conviction for sexual assault and rape was overturned by New York's highest court, reopening the landmark case that fuelled the #MeToo movement and highlighting the challenges of holding powerful men accountable.</p>


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<p>Berjaya Corp&nbsp;Bhd (BCorp) has denied that its founder Tan Sri&nbsp;Vincent Tan Chee Yioun participated in talks to revive a US$100 billion (RM477.60 billion)&nbsp;Forest City casino resort as reported recently.</p>


<p>Maxis Bhd could work with another consortium partner to lower the cost of deploying the second 5G network, even after the recapitalisation of Digital Nasional Bhd (DNB), said RHB Research in a note on Friday.</p>


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Tesla fires back at investor who doesn’t want pay fight in Texas

<p>European and American investors showed converse interest in sustainable funds during the first quarter, research firm Morningstar said on Thursday, with a record US$8.8 billion (RM42.03 billion) in net withdrawals from the products in the US.</p>


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<p>Former president Donald Trump’s economic advisers are considering ways to actively stop nations from shifting away from using the dollar — an effort to counter budding moves among key emerging markets to reduce exposure to the US currency, according to people familiar with the matter.</p>


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<p>The battle for consumer attention in China's electric car market is being fought over touches of "tech luxury" that car buyers in other markets have never seen.</p>

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<p>The world’s 3,000 billionaires should pay a minimum 2% tax on their fast-growing wealth to raise £250 billion (RM1.28 trillion) a year for the global fight against poverty, inequality and global heating, ministers from four leading economies have suggested.</p>


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<p>Alphabet announced its first-ever dividend on Thursday and a US$70 billion (RM334.43 billion) stock buyback, cheering investors who sent the stock surging nearly 16% after the bell.</p>


Google parent Alphabet announces first-ever dividend, shares soar

<p>Asian shares rose cautiously on Friday as markets sobered up to the idea that US rate cuts were most likely some time away, while the yen and Japanese government bonds struggled ahead of a closely watched policy decision by the Bank of Japan (BOJ).</p>


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<p>Foreign states are using UK universities to “steal advantage” by covertly acquiring British intellectual property, the government warned, saying it would explore proposals to protect cutting-edge research and technology.</p>


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<p>China is preparing a United Nations General Assembly resolution that it says is intended to help close gaps between rich and developing countries in the advance of artificial intelligence (AI), an initiative that follows an extensive and ambitious campaign by the US, its biggest AI competitor.</p>
