Current Price Status
Stock is in Momentum
Stock is currently overvalued by the market with the expectation of annual earning growth at 158.78% 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
- BRIGHT current price is 56.25% 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
UnderperformedBRIGHT past 5-day return lagged behind the Containers/Packaging industry average return by 1.95%
Below 30-Day AverageCurrent price RM0.25 is below 30-day average RM0.26 by 4%
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
Strong Positive Revenue Growth
BRIGHT has been achieving revenue growth for past 3 quarters by average +8%.
Continued Losing Money
BRIGHT 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 Increasing
Surge in trading volume tends to bring more price volatility in near term.
Low Volume/Liquidity Stock
Only RM45k 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.
BRIGHT recent daily traded volume is 33.33% higher than past month average.
|Past 30-Day||Past 5-Day|
|6k daily||8k daily|
Price History Chart
Past 30-day Average Price: RM0.26
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.
Stock Company Profile
BRIGHT PACKAGING INDUSTRY BHD
Bright Packaging Industry Bhd. is an investment holding company. The firm engages in the manufacture of aluminum foil packaging materials for the tobacco industry. Its products include pharmaceutical, confectionery, liquor, and cigarette packaging. The company was founded in 1988 and is headquartered in Shah Alam, Malaysia.