5142 WASEONG | Malaysia
WAH SEONG CORPORATION BHD
RM 0.59 on: 2021-08-04
-0.84% Past 1-day return
-6.35% Past 5-day return
Price/Valuation Analysis
Current Price Status
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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 1487.71% 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
- WASEONG current price is INF% 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.
Bank Analyst Price Targets
HOLD
RM 0.80
HOLD
RM 0.43
HOLD
RM 0.50
Revenue & Earning Growth Analysis
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High Volatile Revenue Growth
WASEONG experienced high unstable ups & downs on revenue growth for past 4 quarters with average 46% range on both sides.
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Continued Losing Money
WASEONG has been losing money in the 4 of the past 5 quarters.
Past Quarter Reports
| Quarter Date | Revenue (RM) | (%) | EPS (RM) | (%) |
|---|---|---|---|---|
| 2020-12-31 | 385,953k | -15% | 0.0449 | 0% |
| 2020-09-30 | 453,299k | +86% | -0.3304 | 0% |
| 2020-06-30 | 243,115k | -26% | -0.0383 | 0% |
| 2020-03-31 | 326,740k | -24% | -0.0577 | 0% |
| 2019-12-31 | 429,250k | -33% | -0.0397 | 0% |
Volume Trend Analysis
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Recent Volume is Increasing
Surge in trading volume tends to bring more price volatility in near term.
Low Volume/Liquidity Stock
Only RM97k 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.
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WASEONG recent daily traded volume is 80% higher than past month average.
| Past 30-Day | Past 5-Day |
|---|---|
| 5k daily | 9k daily |
Financials
Price History Chart
Past 30-day Average Price: RM0.68
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
Wah Seong's new job win points to ongoing recovery, says Maybank IB
Wah Seong rises after securing RM147.8mil contract
Wah Seong rises after securing RM147.8m contract in UK
Wah Seong bags RM147.8mil fabrication work in the UK
Wah Seong bags modules fabrication job in the UK worth RM147.8m
Wah Seong sinks deeper into the red in 3Q with adjustments totalling RM265.2m
Stock Company Profile
WAH SEONG CORPORATION BHD
Wah Seong Corp. Bhd. is an investment holding company, which engages in the provision of management services to its subsidiaries. It operates through the following segments: Oil & Gas, Renewable Energy, Industrial Trading & Services and Others. The Oil & Gas segments represents pipe coating; pipe manufacturing for the oil and gas industry; building and operating offshore and onshore field development facilities; and the provision of special equipment and services to the power generation, oleochemical, and petrochemical industries. The Renewable Energy segment supplies and manufactures special equipment for biomass power plants, such as industrial fans, boilers and turbines which run primarily on biomass fuels. The Industrial Trading & Services segment manufactures, trades, and distributes building materials and industrial pipes for the construction industry. The Others segment comprise all other units within the group that do not constitute a separate reportable segment. The company was founded in 1994 and is headquartered in Kuala Lumpur, Malaysia.