9938 BRIGHT | Malaysia

BRIGHT PACKAGING INDUSTRY BHD

RM 0.25 on: 2021-01-22

0% Past 1-day return
-1.96% Past 5-day return

Containers/Packaging


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 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
Fair Value
  • 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
  • Underperformed
    BRIGHT past 5-day return lagged behind the Containers/Packaging industry average return by 1.95%
  • Below 30-Day Average
    Current price RM0.25 is below 30-day average RM0.26 by 4%

Return (%) BRIGHT Containers/Packaging
1-Day0% -0.1%
5-Day-1.96% -0.01%
30-Day-7.41% +1.93%
Bank Analyst Price Targets
No recent bank analyst price target available yet
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) (%)
2020-08-31 13,908k +7% -0.0057 0%
2020-05-31 12,966k +0% 0.0034 0%
2020-02-29 12,903k +17% -0.0019 0%
2019-11-30 11,027k -23% -0.0019 0%
2019-08-31 14,380k -20% 0.0108 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 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 daily8k daily
Financials
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.

Market News & Investor Opinions
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.