5001 MIECO | Malaysia

MIECO CHIPBOARD BHD

RM 0.89 on: 2021-01-15

0% Past 1-day return
+10.56% Past 5-day return

Growth Stock Forest Products


Price/Valuation Analysis
Current Price Status
  • Stock is Shooting to the Moon

    Stock is over-priced on the upper end by the market with the expectation of annual earning growth at 317.06% to match current price.

    Stock in booming mode can be traded very volatile, price can swing largely day-to-day. While having big upside potential, the downside risk can be huge if the stock is not meeting the market expectation.

  • Company is not in Profit
Fair Value
  • MIECO current price is 217.86% 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
  • Outperformed
    MIECO past 5-day return perform better than Forest Products industry average return by 4.15%
  • Above 30-Day Average
    Current price RM0.89 is above than 30-day average RM0.84 by 6%

Return (%) MIECO Forest Products
1-Day0% +0.83%
5-Day+10.56% +6.41%
30-Day+14.84% +16.51%
Bank Analyst Price Targets
No recent bank analyst price target available yet
Revenue & Earning Growth Analysis
  • Potential Better Revenue Growth

    MIECO posted a better revenue growth than average in the recent quarter.

  • Continued Losing Money

    MIECO has been losing money in the 2 of the past 5 quarters.


Past Quarter Reports
Quarter Date Revenue (RM) (%) EPS (RM) (%)
2020-09-30 113,463k +78% 0.0153 0%
2020-06-30 63,684k -27% -0.0233 0%
2020-03-31 87,824k -20% -0.0518 0%
2019-12-31 110,138k -2% 0.001 -76%
2019-09-30 111,911k +1% 0.0042 -41%
Volume Trend Analysis
  • Recent Volume is Increasing

    Surge in trading volume tends to bring more price volatility in near term.

  • MIECO recent daily traded volume is 62.96% higher than past month average.

Past 30-Day Past 5-Day
27k daily44k daily
Financials
Price History Chart
Past 30-day Average Price: RM0.84
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
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.