<div class=newsTextDataWrapInner><p><span style="font-style: italics;">This article first appeared in The Edge Financial Daily on July 26, 2017</span></p></div><div class=newsTextDataWrapInner><p><strong>Vitrox Corp Bhd (+ve)</strong><br />
SHARES in Vitrox Corp Bhd (fundamental: 3/3, valuation: 1.1/3), which triggered our momentum algorithm yesterday for the second time this year, closed 17 sen or 4.27% higher at RM4.15 yesterday. Some 762,700 shares were done, compared with their 200-day average volume of 156,559 shares.</p></div>

<div class=newsTextDataWrapInner><p>The company is involved in developing and producing automated vision inspection systems and digital automated vision inspection equipment and modules.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>In its first quarter ended March 31, 2017, net profit grew 19% to RM18.57 million, from RM15.6 million a year ago, mainly on higher earnings from its automated board inspection division. Revenue was up 24% to RM69.61 million from RM56.03 million.</p></div>

<div class=newsTextDataWrapInner><p>At the current share price, Vitrox is trading at 3.49 times its book value.</p></div>


Vitrox Corp Bhd (+ve)
SHARES in Vitrox Corp Bhd (fundamental: 3/3, valuation: 1.1/3), which triggered our momentum algorithm yesterday for the second time this year, closed 17 sen or 4.27% higher at RM4.15 yesterday. Some 762,700 shares were done, compared with their 200-d...

Stock With Momentum: Vitrox Corp

The Nasdaq outpaced Wall Street peers on Wednesday, with Tesla leading gains among megacap stocks after its quarterly results, while upbeat earnings reports across other sectors also offered support.

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<p>Chin Hin Group Property Bhd said on Wednesday it had signed two agreements to develop two separate residential projects in Kuala Lumpur worth RM1.08 billion in combined gross development value (GDV).&nbsp;</p>


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