LCTH Corp Bhd (-ve)
SHARES in LCTH Corp Bhd (fundamental: 1.45/3, valuation: 2/3), which triggered our proprietary momentum algorithm last Friday, closed up 0.5 sen or 0.89% at 57 sen with 4.5 million shares traded versus the counter’s 200-day average volume of 422,654 shares.

LCTH’s net profit for the fourth quarter of financial year ended Dec 31, 2017 (FY17) fell 34.05% to RM3.97 million, compared with RM6.02 million in the previous year, on higher operating profit affected by the foreign-exchange loss. Quarterly revenue grew 19.3% to RM34.17 million from RM28.64 million.

For full FY17, LCTH’s net profit dropped 29.4% to RM10.23 million from RM14.48 million in FY16. Revenue dipped 1.43% to RM111.96 million against RM113.58 million.

The stock is currently trading at 0.01 times its book value and has a market capitalisation of RM205.2 million, based on its latest traded price.