7595 MGB | Malaysia
MGB BERHAD
RM 0.98 on: 2021-04-21
+1.55% Past 1-day return
+0.51% 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 47.58% 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
- MGB current price is 13.95% 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
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Outperformed
MGB past 5-day return perform better than Construction Materials industry average return by 3.64% -
Below 30-Day Average
Current price RM0.98 is below 30-day average RM0.99 by 1%
| Return (%) | MGB | Construction Materials |
|---|---|---|
| 1-Day | +1.55% | +0.2% |
| 5-Day | +0.51% | -3.13% |
| 30-Day | +7.1% | -0.59% |
Bank Analyst Price Targets
BUY
RM 1.15
Revenue & Earning Growth Analysis
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Recent Positive Revenue Growth
MGB managed to achieve better revenue growth for past 2 quarters by average +83%.
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Recent Positive Profit Growth
MGB managed to achieve better profit growth on the past 2 quarters by average +644%.
Past Quarter Reports
| Quarter Date | Revenue (RM) | (%) | EPS (RM) | (%) |
|---|---|---|---|---|
| 2020-12-31 | 181,574k | +10% | 0.0112 | +1% |
| 2020-09-30 | 165,219k | +156% | 0.0111 | +1288% |
| 2020-06-30 | 64,480k | -58% | 0.0008 | -83% |
| 2020-03-31 | 152,001k | -18% | 0.0048 | -27% |
| 2019-12-31 | 184,378k | +10% | 0.0066 | +10% |
Volume Trend Analysis
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Recent Volume is Decreasing
Decreasing trading volume tends to keep stock price range bound in near term.
Low Volume/Liquidity Stock
Only RM113k 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.
-
MGB recent daily traded volume is -75% lower than past month average.
| Past 30-Day | Past 5-Day |
|---|---|
| 4k daily | 1k daily |
Financials
Price History Chart
Past 30-day Average Price: RM0.99
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
MGB wins RM442.8mil jobs from LBS Bina units
MGB bags RM443m contract to develop affordable homes in Selangor
MGB bags RM442.8mil contracts from LBS Bina's units
Rumah Idaman-related projects likely to boost MGB's earnings
RHB raises MGB target price to RM1.02 on stronger earnings outlook
RHB raises earnings estimate on MGB
MGB bags RM231.1 mil construction contract
RHB upgrades MGB to 'buy' on improved project pipeline forecasts
MGB wins RM122mil contract to build serviced apartment in Sepang
MGB secures contract worth RM122.3mil
Stock Company Profile
MGB BERHAD
MGB Bhd. is an investment holding company, which engages in the provision of management services. IT operates through the following segments: Construction and Trading; Property Development, and Others. The Construction and Trading segment includes the design and build, civil engineering, trading of construction material, and general construction activities. The Property Development segment develops residential and commercial properties. The Others segment covers the investment holding, provision of management services, hospitality and dormant. The company was founded in December 1997 and is headquartered in Petaling Jaya, Malaysia.