7219 MINETEC | Malaysia

MINETECH RESOURCES BHD

RM 0.17 on: 2021-01-26

0% Past 1-day return
-5.56% Past 5-day return

Losing Money 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 238.38% 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 142.86% 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
  • Underperformed
    MINETEC past 5-day return lagged behind the Oil & Gas industry average return by 1.5%
  • Below 30-Day Average
    Current price RM0.17 is below 30-day average RM0.19 by 11.8%

Return (%) MINETEC Oil & Gas
1-Day0% +1.45%
5-Day-5.56% -4.06%
30-Day-20.93% -11.13%
Bank Analyst Price Targets
No recent bank analyst price target available yet
Revenue & Earning Growth Analysis
  • Potential Better Revenue Growth

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

  • 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) (%)
2020-09-30 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%
2019-09-30 18,545k -34% 0.0005 0%
Volume Trend Analysis
  • Recent Volume is Decreasing

    Decreasing trading volume tends to keep stock price range bound in near term.

  • MINETEC recent daily traded volume is -58.33% lower than past month average.

Past 30-Day Past 5-Day
96k daily40k daily
Financials
Price History Chart
Past 30-day Average Price: RM0.19
Stock Fundamental Factors

Fundamental factor characteristics help us understand and expect how the stock price will behave in short and long term.

  • Losing Money

    Stocks that has more than two consecutive money-losing quarters

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.