8567 SALCON | Malaysia
SALCON BHD
RM 0.235 on: 2021-04-21
0% Past 1-day return
0% Past 5-day return
Price/Valuation Analysis
Current Price Status
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Stock is in Momentum
Stock is currently overvalued by the market with the expectation of annual earning growth at 225% 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
- SALCON current price is 135% above OneDelta estimated fair value.
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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
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Underperformed
SALCON past 5-day return lagged behind the Wholesale Distributors industry average return by 1.27% -
Below 30-Day Average
Current price RM0.235 is below 30-day average RM0.25 by 6.4%
| Return (%) | SALCON | Wholesale Distributors |
|---|---|---|
| 1-Day | 0% | -0.43% |
| 5-Day | 0% | +1.27% |
| 30-Day | -9.62% | +6.32% |
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
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Recent Positive Revenue Growth
SALCON managed to achieve better revenue growth for past 2 quarters by average +74%.
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Continued Losing Money
SALCON has been losing money in the 2 of the past 5 quarters.
Past Quarter Reports
| Quarter Date | Revenue (RM) | (%) | EPS (RM) | (%) |
|---|---|---|---|---|
| 2020-12-31 | 61,582k | +2% | 0.0003 | 0% |
| 2020-09-30 | 60,222k | +146% | -0.0025 | 0% |
| 2020-06-30 | 24,523k | -49% | 0.0027 | 0% |
| 2020-03-31 | 47,821k | -20% | -0.0079 | 0% |
| 2019-12-31 | 59,457k | +43% | 0.0027 | 0% |
Volume Trend Analysis
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Recent Volume is Decreasing
Decreasing trading volume tends to keep stock price range bound in near term.
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SALCON recent daily traded volume is -20% lower than past month average.
| Past 30-Day | Past 5-Day |
|---|---|
| 50k daily | 40k daily |
Financials
Price History Chart
Past 30-day Average Price: RM0.25
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
SALCON BHD
Salcon Bhd. is an investment holding company, which engages in the provision of water and wastewater engineering services. It operates through the following segments: Constructions, Concessions, Trading & Services and Property Development. The firm invests, designs, constructs, commissions, operates, and maintains water and wastewater treatment plants and ancillary facilities. It also offers transport, solar power and petroleum services; and smart city solutions. The company was founded in April 1974 and is headquartered in Subang Jaya, Malaysia.