Current Price Status
Stock is in Momentum
Stock is currently overvalued by the market with the expectation of annual earning growth at 3069.48% 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
- IVORY current price is INF% 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
UnderperformedIVORY past 5-day return lagged behind the Real Estate Development industry average return by 0.65%
Below 30-Day AverageCurrent price RM0.14 is below 30-day average RM0.15 by 7.1%
|Return (%)||IVORY||Real Estate Development|
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
Recent Weak Revenue Growth
IVORY posted a weaker revenue growth in the recent quarter than normal average.
Continued Losing Money
IVORY has been losing money in the 4 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.
Low Volume/Liquidity Stock
Only RM41k 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.
IVORY recent daily traded volume is -44.44% lower than past month average.
|Past 30-Day||Past 5-Day|
|9k daily||5k daily|
Price History Chart
Past 30-day Average Price: RM0.15
Stock Fundamental Factors
Fundamental factor characteristics help us understand and expect how the stock price will behave in short and long term.
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.
Stock Company Profile
IVORY PROPERTIES GROUP BERHAD
Ivory Properties Group Bhd. is an investment holding company, which engages in the provision of management and marketing services. It operates through the following segments: Property Development and Management; Construction Contracts; and Investment Holding and Others. The Property Development and Management segment refers to the developed properties, property management and tenancy management services. The Construction Contracts segment involves in building and construction activities. The company was founded by Eng Hock Low on June 30, 1999 and is headquartered in George Town, Malaysia.