<div class=newsTextDataWrapInner><p>This article first appeared in<em> The Edge Financial Daily,</em> on April 5, 2016.</p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>

<div class=newsTextDataWrapInner><p><strong>MKH Bhd (+ve)</strong></p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>SHARES of MKH Bhd (Fundamental: 0.8/3, Valuation: 2.4/3) triggered our momentum algorithm for the second time this year. The counter rose as much as 14 sen or 5.42% to RM2.72 yesterday, before paring gains to end 9 sen or 3.49% higher at RM2.67, with some 1.45 million shares traded. Its 200-day average volume was at 202,784 shares. Its share price has gained about 29% since Jan 26.</p></div>

<div class=newsTextDataWrapInner><p>MKH principally engaged in the property development and construction as well as oil palm cultivation in Indonesia.</p></div>

<div class=newsTextDataWrapInner><p>For the first financial quarter ended Dec 31, 2015 (1QFY16), MKH posted a net profit of RM61.57 million, an increase of 104.34% from RM30.13 million a year ago. Revenue rose 28.29% to RM266.37 million from RM207.63 million.</p></div>

<div class=newsTextDataWrapInner><p>The stock currently trades at a trailing 12-month P/E of 9.19 times and is at 0.99 times book value. Its 12-month dividend yield is at 2.71%.</p></div>

<div class=newsTextDataWrapInner><p><img alt="MKH_SWM_FD_5Apr16_theedgemarkets" src="http://edgemarkets.s3-ap-southeast-1.amazonaws.com/pictures/MKH_SWM_FD_5Apr16_theedgemarkets.png" /></p></div>


This article first appeared in The Edge Financial Daily, on April 5, 2016.

 

MKH Bhd (+ve)

SHARES of MKH Bhd (Fundamental: 0.8/3, Valuation: 2.4/3) triggered our momentum algorithm for the second time this year. The counter rose as much...

Stock With Momentum: MKH

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The nomination centre for the Kuala Kubu Baharu state by-election closed at 10am on Saturday.

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<p>Alphabet Inc&nbsp;closed decisively above a US$2 trillion (RM9.54 trillion) market capitalisation for the first time on Friday, as a powerhouse earnings report reassured investors that the Google parent would be a major player in artificial intelligence (AI).</p>


<p>Richly valued US&nbsp;stocks are leaving investors with little tolerance for disappointment, raising the stakes ahead of a week in which two more technology and growth giants are set to report.</p>


<p>The nomination centre&nbsp;for the Kuala Kubu Baharu state by-election closed at 10am on Saturday.</p>

<p>The announcement was made by returning officer Yuhanas Auree Kamaruddin&nbsp;at the Hulu Selangor Multipurpose Hall and District Sports Complex here.</p>


<p>Candidates contesting the upcoming Kuala Kubu Bharu by-election, a semi-urban seat located in the Hulu Selangor district, have started executing their campaign strategies over the weekend. The by-election is being held following the demise of its incumbent, Lee Kee Hiong from DAP, on March 21 due to cancer.</p>


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<p>Singapore will introduce a new law this year that will help so-called gig-economy workers plan for their retirement needs and get work injury protection, Minister for Manpower Tan See Leng said.</p>


<p>Nomination&nbsp;for the Kuala Kubu Baharu state by-election opened at 9am on Saturday at&nbsp;the Hulu Selangor Multipurpose Hall and District Sports Complex here.</p>


<p>Two earthquakes, the largest a 6.1 magnitude, struck Taiwan's eastern county of Hualien on Saturday, the island's weather administration said, with no immediate reports of damage.</p>

<p>The quakes, within half an hour of each other in the early hours of the morning, shook buildings in the capital, Taipei.</p>


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<p>China's industrial profits posted smaller gains for the first quarter compared to the first two months, official data showed on Saturday, adding to evidence of an uneven recovery for the world's second-biggest economy.</p>
