0074 GOCEAN | Malaysia

GREEN OCEAN CORPORATION BERHAD

RM 0.07 on: 2021-01-22

0% Past 1-day return
-6.67% Past 5-day return

High Volatility/Risk Losing Money Agricultural Commodities/Milling


Price/Valuation Analysis
Current Price Status
  • Stock is Shooting to the Moon

    Stock is over-priced on the upper end by the market with the expectation of annual earning growth at 1176.97% to match current price.

    Stock in booming mode can be traded very volatile, price can swing largely day-to-day. While having big upside potential, the downside risk can be huge if the stock is not meeting the market expectation.

  • Company is not in Profit
Fair Value
  • GOCEAN current price is 600% 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
    GOCEAN past 5-day return lagged behind the Agricultural Commodities/Milling industry average return by 6.77%
  • Below 30-Day Average
    Current price RM0.07 is below 30-day average RM0.09 by 28.6%

Return (%) GOCEAN Agricultural Commodities/Milling
1-Day0% +0.08%
5-Day-6.67% +0.1%
30-Day-39.13% +1.09%
Bank Analyst Price Targets
No recent bank analyst price target available yet
Revenue & Earning Growth Analysis
  • High Volatile Revenue Growth

    GOCEAN experienced high unstable ups & downs on revenue growth for past 4 quarters with average 25% range on both sides.

  • Continued Losing Money

    GOCEAN has been losing money in the 5 of the past 5 quarters.


Past Quarter Reports
Quarter Date Revenue (RM) (%) EPS (RM) (%)
2020-09-30 25,134k +9% -0.0016 0%
2020-06-30 23,070k -43% -0.0017 0%
2020-03-31 40,556k -25% -0.0127 0%
2019-12-31 53,952k +11% -0.0107 0%
2019-09-30 48,764k -14% -0.0077 0%
Volume Trend Analysis
  • Recent Volume is Decreasing

    Decreasing trading volume tends to keep stock price range bound in near term.

  • GOCEAN recent daily traded volume is -51.77% lower than past month average.

Past 30-Day Past 5-Day
141k daily68k daily
Financials
Price History Chart
Past 30-day Average Price: RM0.09
Stock Fundamental Factors

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

  • High Volatility/Risk

    Stocks that have price swing annualized more than -/+25% up & down

  • Losing Money

    Stocks that has more than two consecutive money-losing quarters

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
GREEN OCEAN CORPORATION BERHAD

Green Ocean Corp. Bhd. is an investment holding company, which engages in palm kernel crushing and refining of palm oil and palm kernel oil. It also trades refined palm oil. The company was founded on October 23, 2003 and is headquartered in Klang, Malaysia.