Stock With Momentum: Eduspec Holdings

TheEdge Tue, Aug 06, 2019 10:36am - 4 years View Original


Eduspec Holdings Bhd (-ve)

TRADING of shares in Eduspec Holdings Bhd (fundamental: 0.15/3, valuation: 0.9/3) triggered our momentum algorithm yesterday for the fourth time this year.

The stock closed 0.5 sen or 11.11% higher at five sen, with 54.99 million shares done, compared with the 200-day average trading volume of 5.35 million shares.

On May 31, the group proposed to diversify into the development and operation of an edutainment theme park to reach the public and not confined to schools or other educational institutions only.

Currently, the group specialises in providing e-learning products to primary and secondary schools.

Its unit, Time IT E (Sabah) Sdn Bhd, has inked a lease agreement with Tanco Holdings Bhd’s unit, Palm Springs Development, concerning leasing a piece of land in Port Dickson for the proposed diversification.

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

EDUSPEC 0.140
TANCO 0.840

Comments

Login to comment.