Current Price Status
Stock is in Momentum
Stock is currently overvalued by the market with the expectation of annual earning growth at 39.18% 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
- MATANG current price is 5.56% 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
UnderperformedMATANG past 5-day return lagged behind the Real Estate Development industry average return by 0.65%
Below 30-Day AverageCurrent price RM0.095 is below 30-day average RM0.1 by 5.3%
|Return (%)||MATANG||Real Estate Development|
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
Strong Positive Revenue Growth
MATANG has been achieving revenue growth for past 5 quarters by average +10%.
Unstable Profit Growth
MATANG has been experiencing substantial ups and downs on profit growth.
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 RM133k 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.
MATANG recent daily traded volume is -53.49% lower than past month average.
|Past 30-Day||Past 5-Day|
|43k daily||20k daily|
Price History Chart
Past 30-day Average Price: RM0.1
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
Matang Bhd. is an investment holding company. It engages in the management of plantation estate, and sale of fresh fruit bunches. The company was founded on April 28, 2015 and is headquartered in Kuala Lumpur, Malaysia.