<div class=newsTextDataWrapInner><p><span style="font-style: italics;">This article first appeared in The Edge Financial Daily on August 2, 2019</span></p></div><div class=newsTextDataWrapInner><p><strong>Landmarks Bhd (+ve)</strong><br />
TRADING of shares in Landmarks Bhd (fundamental: 1.65/3, valuation: 0.9/3) triggered our momentum algorithm yesterday for the first time this year.</p></div>

<div class=newsTextDataWrapInner><p>The last time it triggered our momentum algorithm was on Jan 25, 2018.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The counter closed 2.5% or 1.5 sen lower to 58.5 sen, giving the company a market capitalisation of RM309.4 million. Trading volume totalled 1.18 million yesterday, compared with its 200-day average trading volume of 123,571 shares.</p></div>

<div class=newsTextDataWrapInner><p>For the first quarter ended March 31, 2019, Landmarks’ net loss widened to RM10.96 million, from RM3.3 million in the corresponding quarter last year. Quarterly revenue declined 2.36% to RM29.84 million, from RM30.56 million. The group attributed its lower revenue and higher net loss to a decline in revenue at its Chill Cove at Treasure Bay Bintan resort as well as the conversion of The Canopi resort to Tribute Portfolio Resort by Marriott, which resulted in a lower occupancy rate on account of renovations.</p></div>


Landmarks Bhd (+ve)
TRADING of shares in Landmarks Bhd (fundamental: 1.65/3, valuation: 0.9/3) triggered our momentum algorithm yesterday for the first time this year.

The last time it triggered our momentum algorithm was on Jan 25, 2018.

The counter cl...

Stock With Momentum: Landmarks

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