Current Price Status
Stock is in Momentum
Stock is currently overvalued by the market with the expectation of annual earning growth at 117.4% to match current price.
Overvalued stock can be traded very volatile. If the earning growth momentum continue, overvalued stock can match into fair value, on the flip side, the downside risk can be huge if the stock is not meeting the market expectation.
Company is not in Profit
- ABLEGRP current price is INF% above OneDelta estimated fair value.
The fair value is estimated via OneDelta proprietary model that updated daily basis based on stock fundamental and specific industry relative marco outlook. It can be assessed as stock potential upside range or the stock true value price in case of downside.
Relative Price Performance
OutperformedABLEGRP past 5-day return perform better than Forest Products industry average return by 4.12%
Below 30-Day AverageCurrent price RM0.135 is below 30-day average RM0.14 by 3.7%
|Return (%)||ABLEGRP||Forest Products|
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
Recent Positive Revenue Growth
ABLEGRP managed to achieve better revenue growth for past 2 quarters by average +93%.
Continued Losing Money
ABLEGRP has been losing money in the 3 of the past 5 quarters.
Past Quarter Reports
|Quarter Date||Revenue (RM)||(%)||EPS (RM)||(%)|
Volume Trend Analysis
Recent Volume is Decreasing
Decreasing trading volume tends to keep stock price range bound in near term.
Low Volume/Liquidity Stock
Only RM156k worth of stock was traded for this stock past month. Low liquidity stock is danger for price manipulation and more difficult to sell at market price.
ABLEGRP recent daily traded volume is -68.57% lower than past month average.
|Past 30-Day||Past 5-Day|
|35k daily||11k daily|
Price History Chart
Past 30-day Average Price: RM0.14
Stock Fundamental Factors
Fundamental factor characteristics help us understand and expect how the stock price will behave in short and long term.
Stocks that have little trading volume on usual market time
Stock Thematic Baskets
Usually the more the stock is included in popular themes, the more opportunity for price-driven momentum and better liquidity.
Stock Company Profile
AbleGroup Bhd. is an investment holding company, which engages in the processing, trading, exporting, and production of marble and granite products. It operates through the following segments: Building Material, Investment Holding, and Property Development. The Building Material segment involves in supply, delivery and installation of stone and tiling works. The Investment Holding segment engages in investment holding activity. The Property Development segment includes the acquisition, investment, and development of properties. AbleGroup was founded on January 1, 1998 and is headquartered in Kuala Lumpur, Malaysia.