3778 MELEWAR | Malaysia

MELEWAR INDUSTRIAL GROUP BHD

RM 0.495 on: 2021-01-15

-1.98% Past 1-day return
+26.92% Past 5-day return

High Volatility/Risk Low PE/Growth Steel


Price/Valuation Analysis
Current Price Status
  • Stock is Trading within Range

    Stock is trading within the fundamental outlook of the company and the industry average performance. Market is currently pricing of annual earning growth better than the industry average.

  • Company is in Positive Earning
Fair Value
  • MELEWAR current price is 9.09% below 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
  • Outperformed
    MELEWAR past 5-day return perform better than Steel industry average return by 18.29%
  • Above 30-Day Average
    Current price RM0.495 is above than 30-day average RM0.4 by 23.8%

Return (%) MELEWAR Steel
1-Day-1.98% -1.04%
5-Day+26.92% +8.63%
30-Day+67.8% +8.05%
Bank Analyst Price Targets
No recent bank analyst price target available yet
Revenue & Earning Growth Analysis
  • Potential Better Revenue Growth

    MELEWAR posted a better revenue growth than average in the recent quarter.

  • Potential Better Profit Growth

    MELEWAR posted a better profit growth than average in the recent quarter.


Past Quarter Reports
Quarter Date Revenue (RM) (%) EPS (RM) (%)
2020-09-30 156,156k +68% 0.0206 +115%
2020-06-30 92,685k -37% 0.0096 0%
2020-03-31 145,982k -16% -0.0076 0%
2019-12-31 173,842k -6% -0.0075 0%
2019-09-30 183,994k +21% 0.0014 -99%
Volume Trend Analysis
  • Recent Volume is Increasing

    Surge in trading volume tends to bring more price volatility in near term.

  • MELEWAR recent daily traded volume is 68.1% higher than past month average.

Past 30-Day Past 5-Day
326k daily548k daily
Financials
Price History Chart
Past 30-day Average Price: RM0.4
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.

Market News & Investor Opinions
Stock Company Profile
MELEWAR INDUSTRIAL GROUP BHD

Melewar Industrial Group Bhd. is an investment holding company, which engages in the manufacture and trade of steel pipes and tubes. It operates through the following segments: Steel Tube, Cold Rolled, Engineering, Investment Holding, and Others. The Steel Tube segment refers to the manufacture and sale of steel pipes and tubes. The Cold Rolled segment involves in the manufacture and sale of cold rolled coils. The Engineering segment provides engineering services including projects that would be accountant as construction contracts. The Investment Holding segment refers to companies with investments in subsidiaries, and companies with investments in quoted and unquoted equity securities. The Others segment comprises of companies involved in metal scrap trading and dormant companies. The company was founded in February 1969 and is headquartered in Kuala Lumpur, Malaysia.