Current Price Status
Stock is in Momentum
Stock is currently overvalued by the market with the expectation of annual earning growth at 209.22% 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
- MYNEWS current price is 106.9% 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
UnderperformedMYNEWS past 5-day return lagged behind the Wholesale Distributors industry average return by 2.37%
Below 30-Day AverageCurrent price RM0.6 is below 30-day average RM0.63 by 5%
|Return (%)||MYNEWS||Wholesale Distributors|
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
Cyclical Revenue Growth
MYNEWS recorded various revenue growth in different quarters with no clear growth direction.
Continued Losing Money
MYNEWS has been losing money in the 3 of the past 5 quarters.
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.
MYNEWS recent daily traded volume is 8% higher than past month average.
|Past 30-Day||Past 5-Day|
|25k daily||27k daily|
Price History Chart
Past 30-day Average Price: RM0.63
Stock Fundamental Factors
Fundamental factor characteristics help us understand and expect how the stock price will behave in short and long term.
Stocks that has more than two consecutive money-losing quarters
Market News & Investor Opinions
Stock Company Profile
MYNEWS HOLDINGS BERHAD
Mynews Holdings Bhd. is an investment holding company, which engages in the print media and convenience retailing business. The firm offers advertising and promotional activities; operation of outlet openings; and warehousing services. Its operations are carried out through my.NEWScom, newsplus, MAGBIT, THE FRONT PAGE, and WHSmith trade names. The company was founded on March 26, 2013 and is headquartered in Petaling Jaya, Malaysia.