5001 MIECO | Malaysia


RM 0.56 on: 2021-04-16

+0.9% Past 1-day return
-36.36% Past 5-day return

Growth Stock Forest Products

Price/Valuation Analysis
Current Price Status
  • Stock is in Momentum

    Stock is currently overvalued by the market with the expectation of annual earning growth at 136.87% 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
Fair Value
  • MIECO current price is 36.59% 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
  • Underperformed
    MIECO past 5-day return lagged behind the Forest Products industry average return by 33.7%
  • Below 30-Day Average
    Current price RM0.56 is below 30-day average RM0.84 by 50%

Return (%) MIECO Forest Products
1-Day+0.9% -0.84%
5-Day-36.36% -2.66%
30-Day-38.12% -1.17%
Bank Analyst Price Targets
No recent bank analyst price target available yet
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) (%)
2020-12-31 116,945k +3% 0.0515 +237%
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%
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 33.33% higher than past month average.

Past 30-Day Past 5-Day
9k daily12k daily
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. 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.