03002 REDIDEA | Malaysia

RED IDEAS HOLDINGS BERHAD

RM 0.2 on: 2021-04-21

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

Losing Money Low Volume/Liquidity Strong Revenue Growth Packaged Software


Price/Valuation Analysis
Current Price Status
  • Stock is Shooting to the Moon

    Stock is over-priced on the upper end by the market with the expectation of annual earning growth at 2053.46% to match current price.

    Stock in booming mode can be traded very volatile, price can swing largely day-to-day. While having big upside potential, the downside risk can be huge if the stock is not meeting the market expectation.

  • Company is not in Profit
Fair Value
  • REDIDEA current price is 1900% 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
    REDIDEA past 5-day return lagged behind the Packaged Software industry average return by 3.69%
  • Above 30-Day Average
    Current price RM0.2 is above than 30-day average RM0.2 by 0%

Return (%) REDIDEA Packaged Software
1-Day0% +2.17%
5-Day0% +3.69%
30-Day0% +2.81%
Bank Analyst Price Targets
No recent bank analyst price target available yet
Revenue & Earning Growth Analysis
  • Strong Positive Revenue Growth

    REDIDEA has been achieving revenue growth for past 5 quarters by average +22%.

  • Continued Losing Money

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


Past Quarter Reports
Quarter Date Revenue (RM) (%) EPS (RM) (%)
2020-12-31 2,105k +17% -0.0136 0%
2020-06-30 1,798k +5% -0.0123 0%
2019-12-31 1,719k +21% -0.0132 0%
2019-06-30 1,416k +24% -0.008 0%
2018-12-31 1,139k +42% -0.0088 0%
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 RM0k 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.

  • REDIDEA recent daily traded volume is NAN% lower than past month average.

Past 30-Day Past 5-Day
0k daily0k daily
Financials
Price History Chart
Past 30-day Average Price: RM0.2
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
RED IDEAS HOLDINGS BERHAD

Red Ideas Holdings Bhd. engages in the development of mobile application for security and communication. The company was founded by Kah Seong Foo, Tzin Sung Ho, and Tan Chung Loke in June 2013 and is headquartered in Petaling Jaya, Malaysia.