0211 TASHIN | Malaysia


RM 0.605 on: 2021-10-15

-3.2% Past 1-day return
0% Past 5-day return

Growth Stock Steel

Price/Valuation Analysis
Current Price Status
  • Stock in Weak Growth Expectation

    Stock is currently in distressed situation that the market is pricing a worse than industry average negative annual earning growth.

    Stock in this situation can be good bargain if the stock beats the weak growth expectation or it can be long-term downtrend if the weak earning growth remains for a while.

  • Company is in Positive Earning
Fair Value
  • TASHIN current price is 30.58% below 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
    TASHIN past 5-day return lagged behind the Steel industry average return by 5.97%
  • Above 30-Day Average
    Current price RM0.605 is above than 30-day average RM0.58 by 4.3%

Return (%) TASHIN Steel
1-Day-3.2% -0.06%
5-Day0% +5.97%
30-Day-3.97% +3.39%
Bank Analyst Price Targets
No recent bank analyst price target available yet
Revenue & Earning Growth Analysis
  • Recent Positive Revenue Growth

    TASHIN managed to achieve better revenue growth for past 2 quarters by average +55%.

  • Potential Better Profit Growth

    TASHIN posted a better profit growth than average in the recent quarter.

Past Quarter Reports
Quarter Date Revenue (RM) (%) EPS (RM) (%)
2020-12-31 74,420k +8% 0.0185 +180%
2020-09-30 69,132k +102% 0.0066 0%
2020-06-30 34,240k -44% -0.0006 0%
2020-03-31 61,353k -5% 0.0021 0%
2019-12-31 64,284k +16% -0.0061 0%
Volume Trend Analysis
  • Recent Volume is Increasing

    Surge in trading volume tends to bring more price volatility in near term.

  • TASHIN recent daily traded volume is 66.67% higher than past month average.

Past 30-Day Past 5-Day
18k daily30k daily
Price History Chart
Past 30-day Average Price: RM0.58
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

Tashin Holdings Bhd. is an investment company, which engages in the process and manufacture of steel products. It operates through the following segments: Processing, Manufacturing, and Trading. The Processing segment includes the processing of steel coils into slit coils and steel sheets. The Manufacturing segment consists of manufacturing of steel products comprising, steel pipes, flat bars, square bars, expanded metals, checkered plates and C Purlins. The Trading segment comprises the trading of steel products including steel plates, steel pipes, round bars, angle bars and wire mesh. The company was founded on August 14, 2017 and is headquartered in Prai, Malaysia.