Current Price Status
Stock is in Momentum
Stock is currently overvalued by the market with the expectation of annual earning growth at 164.53% 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 not in Profit
- MERIDIAN current price is INF% 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
UnderperformedMERIDIAN past 5-day return lagged behind the Real Estate Development industry average return by 19.38%
Above 30-Day AverageCurrent price RM0.16 is above than 30-day average RM0.16 by 0%
|Return (%)||MERIDIAN||Real Estate Development|
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
Potential Better Revenue Growth
MERIDIAN posted a better revenue growth than average in the recent quarter.
Unstable Profit Growth
MERIDIAN 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.
MERIDIAN recent daily traded volume is -22.22% lower than past month average.
|Past 30-Day||Past 5-Day|
|90k daily||70k daily|
Price History Chart
Past 30-day Average Price: RM0.16
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.
Stock Company Profile
Meridian Bhd. is an investment holding company, which engages in the development of real estate properties. It operates through the following segments: Property Development, Construction, Property Investment, and Others. The Property Development segment includes residential and commercial properties and agricultural lots. The Construction segment deals with securing and carrying out construction contracts. The Property Investment segment refers to the rental collection from investment properties. The Others segment is involved in cultivation of oil palm, project management services, building contractor, and operation of car park in commercial properties. The company was founded on March 11, 2000 and is headquartered in Kuala Lumpur, Malaysia.