Current Price Status
Stock is in Momentum
Stock is currently overvalued by the market with the expectation of annual earning growth at 43.06% 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
- MAGNUM current price is 12.31% 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
OutperformedMAGNUM past 5-day return perform better than Casinos/Gaming industry average return by 4.2%
Below 30-Day AverageCurrent price RM2.19 is below 30-day average RM2.23 by 1.8%
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
Recent Positive Revenue Growth
MAGNUM managed to achieve better revenue growth for past 2 quarters by average +435%.
Continued Losing Money
MAGNUM has been losing money in the 2 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.
MAGNUM recent daily traded volume is -25% lower than past month average.
|Past 30-Day||Past 5-Day|
|4k daily||3k daily|
Price History Chart
Past 30-day Average Price: RM2.23
Stock Company Profile
Magnum Bhd. operates as an investment holding company, which engages in gaming or numbers forecasting lottery business through its subsidiary. It operates through the following segments: Gaming, and Investment Holding and Others. The company was founded on August 18, 1975 and is headquartered in Kuala Lumpur, Malaysia.