7086 ABLEGRP | Malaysia

ABLEGROUP BERHAD

RM 0.12 on: 2021-01-22

0% Past 1-day return
0% Past 5-day return

Losing Money Low Volume/Liquidity Forest Products


Price/Valuation Analysis
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
Fair Value
  • 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.

Relative Price Performance
  • Underperformed
    ABLEGRP past 5-day return lagged behind the Forest Products industry average return by 1.88%
  • Above 30-Day Average
    Current price RM0.12 is above than 30-day average RM0.12 by 0%

Return (%) ABLEGRP Forest Products
1-Day0% +1.88%
5-Day0% +1.88%
30-Day0% +6.05%
Bank Analyst Price Targets
No recent bank analyst price target available yet
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) (%)
2020-09-30 993k +138% -0.0002 0%
2020-06-30 417k -39% -0.0012 0%
2020-03-31 686k -64% -0.0014 0%
2019-12-31 1,892k +88% 0.0001 0%
2019-09-30 1,008k -14% -0.0006 0%
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 daily27k daily
Financials
Price History Chart
Past 30-day Average Price: RM0.12
Stock Fundamental Factors

Fundamental factor characteristics help us understand and expect how the stock price will behave in short and long term.

Stock Thematic Baskets

Usually the more the stock is included in popular themes, the more opportunity for price-driven momentum and better liquidity.

Market News & Investor Opinions
Stock Company Profile
ABLEGROUP BERHAD

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.