5142 WASEONG | Malaysia


RM 0.7 on: 2021-11-29

-2.78% Past 1-day return
-4.11% Past 5-day return

Oil & Gas

Price/Valuation Analysis
Current Price Status
  • Stock is Trading within Range

    Stock is trading within the fundamental outlook of the company and the industry average performance. Market is currently pricing of annual earning growth worse than the industry average.

  • Company is in Positive Earning
Fair Value
  • WASEONG current price is 2.94% 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
  • Outperformed
    WASEONG past 5-day return perform better than Oil & Gas industry average return by 0.65%
  • Below 30-Day Average
    Current price RM0.7 is below 30-day average RM0.73 by 4.3%

Return (%) WASEONG Oil & Gas
1-Day-2.78% +0.09%
5-Day-4.11% -4.76%
30-Day-7.89% -18.46%
Bank Analyst Price Targets
RM 0.80
RM 0.43
RM 0.50
Revenue & Earning Growth Analysis
  • High Volatile Revenue Growth

    WASEONG experienced high unstable ups & downs on revenue growth for past 4 quarters with average 46% range on both sides.

  • 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
  • Recent Volume is Increasing

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

  • Low Volume/Liquidity Stock

    Only RM111k 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.

  • WASEONG recent daily traded volume is 20% higher than past month average.

Past 30-Day Past 5-Day
5k daily6k daily
Price History Chart
Past 30-day Average Price: RM0.73
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

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.