0038 PTB | Malaysia

PLASTRADE TECHNOLOGY BHD

RM 0.2 on: 2020-11-05

+2.56% Past 1-day return
+21.21% Past 5-day return

Losing Money Industrial Specialties


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 205.85% 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
  • PTB current price is 100% 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
  • Outperformed
    PTB past 5-day return perform better than Industrial Specialties industry average return by 16.21%
  • Above 30-Day Average
    Current price RM0.2 is above than 30-day average RM0.18 by 11.1%

Return (%) PTB Industrial Specialties
1-Day+2.56% +1.48%
5-Day+21.21% +5%
30-Day+21.21% +0.81%
Bank Analyst Price Targets
No recent bank analyst price target available yet
Revenue & Earning Growth Analysis
  • Potential Better Revenue Growth

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

  • Continued Losing Money

    PTB has been losing money in the 5 of the past 5 quarters.


Past Quarter Reports
Quarter Date Revenue (RM) (%) EPS (RM) (%)
2020-06-30 30,837k +34% -0.003 0%
2020-03-31 22,964k -13% -0.0021 0%
2019-12-31 26,403k -31% -0.0041 0%
2019-09-30 38,117k +89% -0.0017 0%
2019-06-30 20,169k -40% -0.0042 0%
Volume Trend Analysis
  • Recent Volume is Decreasing

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

  • PTB recent daily traded volume is 0% lower than past month average.

Past 30-Day Past 5-Day
108k daily108k daily
Financials
Price History Chart
Past 30-day Average Price: RM0.18
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
PLASTRADE TECHNOLOGY BHD

Plastrade Technology Bhd. is an investment holding company, which through its subsidiaries, manufactures polyethylene compound for wire and cable insulation and jacketing. It operates through the following segments: Resin Compound for Wires and Cables; Resin Compound for Other Industries; and Others. The Resin Compound for Wires and Cables segment involves the manufacture of polyethylene compound for wire and cable insulation and jacketing. The Resin Compound for Other Industries segment includes the compounding of plastic master batches, polymer additives, plastic compounds, and composites. The others segment deals with management services. The company was founded on August 29, 2002 and is headquartered in Kuala Lumpur, Malaysia.