7219 MINETEC | Malaysia

MINETECH RESOURCES BHD

RM 0.085 on: 2021-12-03

0% Past 1-day return
-15% Past 5-day return

Oil & Gas


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 124.86% 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
  • MINETEC 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
  • Underperformed
    MINETEC past 5-day return lagged behind the Oil & Gas industry average return by 10.43%
  • Below 30-Day Average
    Current price RM0.085 is below 30-day average RM0.11 by 29.4%

Return (%) MINETEC Oil & Gas
1-Day0% 0%
5-Day-15% -4.57%
30-Day-26.09% -18.47%
Bank Analyst Price Targets
No recent bank analyst price target available yet
Revenue & Earning Growth Analysis
  • Recent Positive Revenue Growth

    MINETEC managed to achieve better revenue growth for past 2 quarters by average +72%.

  • Continued Losing Money

    MINETEC has been losing money in the 3 of the past 5 quarters.


Past Quarter Reports
Quarter Date Revenue (RM) (%) EPS (RM) (%)
2020-12-31 28,261k +59% 0.0002 0%
2020-09-30 17,824k +85% -0.0015 0%
2020-06-30 9,619k -56% -0.0024 0%
2020-03-31 21,686k +13% -0.0131 0%
2019-12-31 19,198k +4% 0.0013 +160%
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 RM48k 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.

  • MINETEC recent daily traded volume is 6.67% higher than past month average.

Past 30-Day Past 5-Day
15k daily16k daily
Financials
Price History Chart
Past 30-day Average Price: RM0.11
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
MINETECH RESOURCES BHD

Minetech Resources Bhd. is an investment holding company, which engages in the provision of managerial services. It operates through the following business segments: Quarry Products, Civil Engineering, Premix Products, Bituminous Products, Property Development and Others. The Quarry Products segment offers quarry services and sales and marketing of quarry products. The Civil Engineering segment specializes in civil engineering works. The Premix Products segment comprises manufacture and trading of premix products. The Bituminous Product segment manufactures and trades bituminous products. The Property development segment engages in the development of residential properties. The Other segment refers to investment holding, provision of managerial services, rental of machinery, trading of industrial machinery spare parts, and property development. The company was founded by Choy Sen Chin in 1977 and is headquartered in Petaling Jaya, Malaysia.