1694 MENANG | Malaysia
MENANG CORPORATION (M) BHD
RM 0.645 on: 2021-10-21
+0.78% Past 1-day return
+6.61% Past 5-day return
Price/Valuation Analysis
Current Price Status
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Stock is in Momentum
Stock is currently overvalued by the market with the expectation of annual earning growth at 48.05% 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
Fair Value
- MENANG current price is 13.16% above OneDelta estimated fair value.
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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
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Outperformed
MENANG past 5-day return perform better than Real Estate Development industry average return by 5.83% -
Above 30-Day Average
Current price RM0.645 is above than 30-day average RM0.56 by 15.2%
| Return (%) | MENANG | Real Estate Development |
|---|---|---|
| 1-Day | +0.78% | +0.07% |
| 5-Day | +6.61% | +0.78% |
| 30-Day | +25.24% | +3.67% |
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
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High Volatile Revenue Growth
MENANG experienced high unstable ups & downs on revenue growth for past 4 quarters with average 30057% range on both sides.
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Potential Better Profit Growth
MENANG posted a better profit growth than average in the recent quarter.
Past Quarter Reports
| Quarter Date | Revenue (RM) | (%) | EPS (RM) | (%) |
|---|---|---|---|---|
| 2020-12-31 | 11,928k | -0% | 0.0036 | +71% |
| 2020-09-30 | 11,971k | -0% | 0.0021 | -5% |
| 2020-06-30 | 12,007k | +119970% | 0.0022 | +100% |
| 2020-03-31 | 10k | -83% | 0.0011 | -68% |
| 2019-12-31 | 60k | +173% | 0.0034 | 0% |
Volume Trend Analysis
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Recent Volume is Increasing
Surge in trading volume tends to bring more price volatility in near term.
Low Volume/Liquidity Stock
Only RM126k 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.
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MENANG recent daily traded volume is 57.14% higher than past month average.
| Past 30-Day | Past 5-Day |
|---|---|
| 7k daily | 11k daily |
Financials
Price History Chart
Past 30-day Average Price: RM0.56
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
Menang Corp to raise RM21 million in private placement to partially repay debts
Menang suspends two directors
Menang Corp suspends two directors with immediate effect
Menang Corp suspends two directors
Virtual AGMs open to abuse
Two Menang Corp shareholders call for EGM to seek boardroom changes
Two Menang Corp shareholders seek removal of four directors
Menang Corp shareholders initiate court action against company, chairman
Recent happenings at Menang Corp pique market interest
Menang Corp to table plan to vote out director at AGM
Stock Company Profile
MENANG CORPORATION (M) BHD
Menang Corp. (Malaysia) Bhd. is an investment holding company, which engages in the letting out of properties and provision of management services. It operates through the following segments: Property Development, Project Management and Investment Holding, Concession Arrangements, and Others. The Property Development segment develops residential and commercial properties. The Project Management and Investment Holding segment involves in investment holding, letting out of properties, and provision of management services. The Concession Arrangements segment constructs and maintains facilities and infrastructure. The Others segment focuses on operation of landscaping and turf farming, and licensed money lending. The company was founded on July 9, 1964 and is headquartered in Kuala Lumpur, Malaysia.