3778 MELEWAR | Malaysia

MELEWAR INDUSTRIAL GROUP BHD

RM 0.445 on: 2021-10-21

0% Past 1-day return
-6.32% Past 5-day return

High Volatility/Risk Low PE/Growth Steel


Price/Valuation Analysis
Current Price Status
  • Stock in Weak Growth Expectation

    Stock is currently in distressed situation that the market is pricing a worse than industry average negative annual earning growth.

    Stock in this situation can be good bargain if the stock beats the weak growth expectation or it can be long-term downtrend if the weak earning growth remains for a while.

  • Company is in Positive Earning
Fair Value
  • MELEWAR current price is 16.85% 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
  • Underperformed
    MELEWAR past 5-day return lagged behind the Steel industry average return by 4.34%
  • Below 30-Day Average
    Current price RM0.445 is below 30-day average RM0.45 by 1.1%

Return (%) MELEWAR Steel
1-Day0% -0.46%
5-Day-6.32% -1.98%
30-Day-15.24% +0.69%
Bank Analyst Price Targets
No recent bank analyst price target available yet
Revenue & Earning Growth Analysis
  • Recent Positive Revenue Growth

    MELEWAR managed to achieve better revenue growth for past 2 quarters by average +47%.

  • Recent Positive Profit Growth

    MELEWAR managed to achieve better profit growth on the past 2 quarters by average +85%.


Past Quarter Reports
Quarter Date Revenue (RM) (%) EPS (RM) (%)
2020-12-31 195,472k +25% 0.0321 +56%
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%
Volume Trend Analysis
  • Recent Volume is Decreasing

    Decreasing trading volume tends to keep stock price range bound in near term.

  • MELEWAR recent daily traded volume is -13.21% lower than past month average.

Past 30-Day Past 5-Day
53k daily46k daily
Financials
Price History Chart
Past 30-day Average Price: RM0.45
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.