<div class=newsTextDataWrapInner><p><strong>Taliworks Corporation Bhd (+ve)</strong></p></div>

<div class=newsTextDataWrapInner><p>SHARE price of Taliworks (Fundamental: 1.3/3, Valuation: 2.4/3) closed at a five-year high of RM3.02 last Friday, up 58.3% year-to-date.</p></div>

<div class=newsTextDataWrapInner><p>The stock saw renewed interest after former Malaysia Airlines’ CEO Ahmad Jauhari and former Economic Planning Unit director-general Raja Zaharaton joined its board last Thursday.&nbsp;</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Concurrently, the company declared a second interim dividend of 5 sen per share for 2015, which will go “ex” on July 15.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Taliworks is involved in water treatment, waste management, highway concession and construction. It owns and operates various water concessions in Malaysia and China, as well as the concession for the Cheras-Kajang Highway.</p></div>

<div class=newsTextDataWrapInner><p>For 1Q2015, sales rose 28.3% y-o-y to RM97.0 million while net profit quadrupled to RM15.0 million, due mainly to the consolidation of Cerah Sama Sdn Bhd as a subsidiary.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The stock trades at a trailing 12-month P/E of 4.2 times and 1.45 times book. Excluding one-off restructuring gain of RM272.67 million, its normalised P/E is 33.1 times.</p></div>

<div class=newsTextDataWrapInner><p><img alt="taliworks_06July2015_theedgemarkets" src="http://edgemarkets.s3-ap-southeast-1.amazonaws.com/pictures/taliworks_06July2015_theedgemarkets.png" style="height:723px; width:550px" /></p></div>

<div class=newsTextDataWrapInner><p>This article first appeared in The Edge Financial Daily, on July 6, 2015.</p></div>


Taliworks Corporation Bhd (+ve)

SHARE price of Taliworks (Fundamental: 1.3/3, Valuation: 2.4/3) closed at a five-year high of RM3.02 last Friday, up 58.3% year-to-date.

The stock saw renewed interest after former Malaysia Airlines’ CEO Ahmad Jauhari and former...

Stock With Momentum: Taliworks Corporation

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