2216 IJMPLNT | Malaysia
IJM PLANTATIONS BHD
RM 1.79 on: 2021-01-22
+1.13% Past 1-day return
-3.24% Past 5-day return
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 37.05% 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 in Positive Earning
Fair Value
- IJMPLNT current price is 10.49% 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
IJMPLNT past 5-day return lagged behind the Agricultural Commodities/Milling industry average return by 3.34% -
Below 30-Day Average
Current price RM1.79 is below 30-day average RM1.84 by 2.8%
| Return (%) | IJMPLNT | Agricultural Commodities/Milling |
|---|---|---|
| 1-Day | +1.13% | +0.08% |
| 5-Day | -3.24% | +0.1% |
| 30-Day | -3.76% | +1.09% |
Bank Analyst Price Targets
BUY
RM 2.29
SELL
RM 1.70
Revenue & Earning Growth Analysis
-
Recent Positive Revenue Growth
IJMPLNT managed to achieve better revenue growth for past 2 quarters by average +4%.
-
Continued Losing Money
IJMPLNT has been losing money in the 3 of the past 5 quarters.
Past Quarter Reports
| Quarter Date | Revenue (RM) | (%) | EPS (RM) | (%) |
|---|---|---|---|---|
| 2020-09-30 | 211,370k | +3% | -0.0012 | 0% |
| 2020-06-30 | 205,985k | +5% | 0.0933 | 0% |
| 2020-03-31 | 195,393k | -18% | -0.0867 | 0% |
| 2019-12-31 | 237,812k | +38% | 0.0228 | 0% |
| 2019-09-30 | 172,861k | +30% | -0.0026 | 0% |
Volume Trend Analysis
-
Recent Volume is Decreasing
Decreasing trading volume tends to keep stock price range bound in near term.
Low Volume/Liquidity Stock
Only RM39k 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.
-
IJMPLNT recent daily traded volume is 0% lower than past month average.
| Past 30-Day | Past 5-Day |
|---|---|
| 1k daily | 1k daily |
Financials
Price History Chart
Past 30-day Average Price: RM1.84
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
IJM PLANTATIONS BHD
IJM Plantations Bhd. is an investment holding company, which engages in the oil palm cultivation and milling of fresh fruit bunches. Its other activities include trading of crude palm oil and provision of management services to its subsidiaries. Its products and services include crude palm oil, crude palm kernel oil, palm kernel expeller, and plantations agro-technical and advisory services. The company was founded on January 15, 1985 and is headquartered in Sandakan, Malaysia.