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
- TONGHER current price is 17.48% 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
OutperformedTONGHER past 5-day return perform better than Metals/Minerals industry average return by 5.41%
Below 30-Day AverageCurrent price RM2.86 is below 30-day average RM2.92 by 2.1%
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
Recent Positive Revenue Growth
TONGHER managed to achieve better revenue growth for past 2 quarters by average +4%.
Continued Drop in Profit
TONGHER has been continuously dropping profit on the past 3 quarters.
Past Quarter Reports
|Quarter Date||Revenue (RM)||(%)||EPS (RM)||(%)|
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 RM19k 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.
TONGHER recent daily traded volume is NAN% lower than past month average.
|Past 30-Day||Past 5-Day|
|0k daily||0k daily|
Price History Chart
Past 30-day Average Price: RM2.92
Stock Fundamental Factors
Fundamental factor characteristics help us understand and expect how the stock price will behave in short and long term.
Stocks that recorded more than two quarters of consecutive earning per share decline
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
TONG HERR RESOURCES BHD
Tong Herr Resources Bhd. engages in the manufacturing and sales of stainless steel fasteners including nuts, bolts, screws and all other threaded items. It also manufactures aluminum extrusion and its related products. The company was founded on May 20, 1997 and is headquartered in Perai, Malaysia.