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 454.62% 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
- GOCEAN current price is 350% 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
UnderperformedGOCEAN past 5-day return lagged behind the Agricultural Commodities/Milling industry average return by 18.1%
Below 30-Day AverageCurrent price RM0.045 is below 30-day average RM0.06 by 33.3%
|Return (%)||GOCEAN||Agricultural Commodities/Milling|
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
Recent Weak Revenue Growth
GOCEAN posted a weaker revenue growth in the recent quarter than normal average.
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)||(%)|
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 -76.34% lower than past month average.
|Past 30-Day||Past 5-Day|
|279k daily||66k daily|
Price History Chart
Past 30-day Average Price: RM0.06
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
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.