Current Price Status
Stock is in Momentum
Stock is currently overvalued by the market with the expectation of annual earning growth at 169.77% 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 500% 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.
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
Potential Better Revenue Growth
ABLEGRP posted a better revenue growth than average in the recent quarter.
Continued Losing Money
ABLEGRP has been losing money in the 4 of the past 5 quarters.
Past Quarter Reports
|Quarter Date||Revenue (RM)||(%)||EPS (RM)||(%)|
Volume Trend Analysis
Recent Volume is Increasing
Surge in trading volume tends to bring more price volatility in near term.
Low Volume/Liquidity Stock
Only RM68k 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 50% higher than past month average.
|Past 30-Day||Past 5-Day|
|18k daily||27k daily|
Price History Chart
Past 30-day Average Price: RM0.12
Stock Fundamental Factors
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.