Current Price Status
Stock is in Momentum
Stock is currently overvalued by the market with the expectation of annual earning growth at 201.32% 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
- PICORP current price is 92.86% 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
UnderperformedPICORP past 5-day return lagged behind the Commercial Services industry average return by 6.65%
Below 30-Day AverageCurrent price RM0.135 is below 30-day average RM0.14 by 3.7%
|Return (%)||PICORP||Commercial Services|
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
Recent Positive Revenue Growth
PICORP managed to achieve better revenue growth for past 2 quarters by average +35%.
Continued Losing Money
PICORP 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 Decreasing
Decreasing trading volume tends to keep stock price range bound in near term.
Low Volume/Liquidity Stock
Only RM189k 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.
PICORP recent daily traded volume is -65.22% lower than past month average.
|Past 30-Day||Past 5-Day|
|46k daily||16k daily|
Price History Chart
Past 30-day Average Price: RM0.14
Stock Fundamental Factors
Fundamental factor characteristics help us understand and expect how the stock price will behave in short and long term.
High dividend stock tends to pay dividend with the above market average rate on regular basis.
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
PROGRESSIVE IMPACT CORPORATION
Progressive Impact Corp. Bhd. is an investment holding company, which engages in the provision of management and administrative services. It operates through the following segments: Environmental Consultancy Services and Monitoring Services; Laboratory Testing Services; Wastewater Treatment and Solutions; and Others. The Environmental Consultancy Services and Monitoring Services segment focuses on environmental related services. The Laboratory Testing Services segment comprises of chemical testing, consultancy service, and other services of similar nature. The Wastewater Treatment and Solutions segment includes sewerage, and solid waste management systems. The Others segment represents the results of the company as an investment holding of its subsidiaries. The company was founded by Zaid bin Abdullah on August 27, 1990 and is headquartered in Shah Alam, Malaysia.