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
- MIECO current price is 4.59% 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
OutperformedMIECO past 5-day return perform better than Forest Products industry average return by 2.42%
Above 30-Day AverageCurrent price RM0.545 is above than 30-day average RM0.52 by 4.8%
|Return (%)||MIECO||Forest Products|
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
Recent Positive Revenue Growth
MIECO managed to achieve better revenue growth for past 2 quarters by average +41%.
Potential Better Profit Growth
MIECO posted a better profit growth than average in the recent quarter.
Past Quarter Reports
|Quarter Date||Revenue (RM)||(%)||EPS (RM)||(%)|
Volume Trend Analysis
Recent Volume is Increasing
Surge in trading volume tends to bring more price volatility in near term.
Low Volume/Liquidity Stock
Only RM115k 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.
MIECO recent daily traded volume is 42.86% higher than past month average.
|Past 30-Day||Past 5-Day|
|7k daily||10k daily|
Price History Chart
Past 30-day Average Price: RM0.52
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
MIECO CHIPBOARD BHD
Mieco Chipboard Bhd. is an investment holding company, which engages in the manufacturing and sales of wood based products. It operates through the following geographical segments: Malaysia, Hong Kong and China, and Others. The company was founded in 1972 and is headquartered in Cheras, Malaysia.