7692 WIDETEC | Malaysia

WIDETECH (M) BHD

RM 4.6 on: 2021-10-22

+2.22% Past 1-day return
+4.55% Past 5-day return

Low Volume/Liquidity Strong Revenue Growth Metals/Minerals


Price/Valuation Analysis
Current Price Status
  • Stock is in Momentum

    Stock is currently overvalued by the market with the expectation of annual earning growth at 121.51% 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 INF% 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
    WIDETEC past 5-day return perform better than Metals/Minerals industry average return by 5.67%
  • Below 30-Day Average
    Current price RM4.6 is below 30-day average RM4.77 by 3.7%

Return (%) WIDETEC Metals/Minerals
1-Day+2.22% +0.04%
5-Day+4.55% -1.12%
30-Day-15.6% -3.23%
Bank Analyst Price Targets
No recent bank analyst price target available yet
Revenue & Earning Growth Analysis
  • Strong Positive Revenue Growth

    WIDETEC has been achieving revenue growth for past 3 quarters by average +14%.

  • 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
  • Recent Volume is Decreasing

    Decreasing trading volume tends to keep stock price range bound in near term.

  • WIDETEC recent daily traded volume is -80% lower than past month average.

Past 30-Day Past 5-Day
5k daily1k daily
Financials
Price History Chart
Past 30-day Average Price: RM4.77
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
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.