0129 SRIDGE | Malaysia

SILVER RIDGE HOLDINGS BHD

RM 0.225 on: 2021-11-29

-2.17% Past 1-day return
-6.25% Past 5-day return

Losing Money Low Volume/Liquidity Telecommunications


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 289.83% 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
  • SRIDGE current price is INF% 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
    SRIDGE past 5-day return lagged behind the Telecommunications industry average return by 1.57%
  • Below 30-Day Average
    Current price RM0.225 is below 30-day average RM0.24 by 6.7%

Return (%) SRIDGE Telecommunications
1-Day-2.17% +1.16%
5-Day-6.25% -4.68%
30-Day-10% -11.6%
Bank Analyst Price Targets
No recent bank analyst price target available yet
Revenue & Earning Growth Analysis
  • Recent Positive Revenue Growth

    SRIDGE managed to achieve better revenue growth for past 2 quarters by average +9%.

  • Continued Losing Money

    SRIDGE has been losing money in the 3 of the past 5 quarters.


Past Quarter Reports
Quarter Date Revenue (RM) (%) EPS (RM) (%)
2020-12-31 2,502k +17% -0.0025 0%
2020-09-30 2,146k +2% -0.0026 0%
2020-06-30 2,100k -11% -0.0042 0%
2020-03-31 2,371k -21% 0.0045 +1400%
2019-12-31 2,987k +85% 0.0003 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 RM54k 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.

  • SRIDGE recent daily traded volume is -42.86% lower than past month average.

Past 30-Day Past 5-Day
7k daily4k daily
Financials
Price History Chart
Past 30-day Average Price: RM0.24
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.

Market News & Investor Opinions
Stock Company Profile
SILVER RIDGE HOLDINGS BHD

Silver Ridge Holdings Bhd. engages in the provision of management services and general trading. Its services include telecommunication solutions, software solutions, and research and development. The company was founded on September 29, 2004 and is headquartered in Kuala Lumpur, Malaysia.