7692 WIDETEC | Malaysia
WIDETECH (M) BHD
RM 1.28 on: 2021-04-16
0% Past 1-day return
+4.92% Past 5-day return
Price/Valuation Analysis
Current Price Status
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Stock is in Momentum
Stock is currently overvalued by the market with the expectation of annual earning growth at 279.44% 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
- WIDETEC current price is 2460% 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.
Relative Price Performance
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Outperformed
WIDETEC past 5-day return perform better than Metals/Minerals industry average return by 5.91% -
Above 30-Day Average
Current price RM1.28 is above than 30-day average RM1.19 by 7.6%
| Return (%) | WIDETEC | Metals/Minerals |
|---|---|---|
| 1-Day | 0% | +0.13% |
| 5-Day | +4.92% | -0.99% |
| 30-Day | +18.52% | +9.32% |
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
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Strong Positive Revenue Growth
WIDETEC has been achieving revenue growth for past 3 quarters by average +14%.
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Continued Losing Money
WIDETEC has been losing money in the 3 of the past 5 quarters.
Past Quarter Reports
| Quarter Date | Revenue (RM) | (%) | EPS (RM) | (%) |
|---|---|---|---|---|
| 2020-12-31 | 3,044k | +13% | 0.0074 | 0% |
| 2020-09-30 | 2,703k | +24% | -0.0542 | 0% |
| 2020-06-30 | 2,175k | +5% | -0.0014 | 0% |
| 2020-03-31 | 2,067k | -5% | -0.008 | 0% |
| 2019-12-31 | 2,187k | +10% | 0.0051 | -41% |
Volume Trend Analysis
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Recent Volume is Decreasing
Decreasing trading volume tends to keep stock price range bound in near term.
Low Volume/Liquidity Stock
Only RM10k 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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WIDETEC recent daily traded volume is NAN% lower than past month average.
| Past 30-Day | Past 5-Day |
|---|---|
| 0k daily | 0k daily |
Financials
Price History Chart
Past 30-day Average Price: RM1.19
Stock Fundamental Factors
Fundamental factor characteristics help us understand and expect how the stock price will behave in short and long term.
Low Volume/Liquidity
Stocks that have little trading volume on usual market time
Strong Revenue Growth
Stocks that achieved more than two quarters of consecutive revenue growth
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
WIDETECH (M) BHD
Widetech (Malaysia) Bhd. is an investment holding company, which engages in the provision of management and property rental services. It operates through the following segments: Manufacturing, Supply, Gaming, Hotel, and Others. The Manufacturing segment includes the manufacture of precision springs. The Supply segment involves in the distribution of consumer products. The Gaming segment focuses on the management of gaming operations and provision of club equipment. The Others segments encompasses investment holding, provision of management services, provision of financing service, and rental of properties. The company was founded on January 25, 1984 and is headquartered in Kuala Lumpur, Malaysia.