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MMAG Holdings Bhd
Buy, Hold or Sell?

Let's analyse Mmag together

PenkeI guess you are interested in MMAG Holdings Bhd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of MMAG Holdings Bhd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Mmag (30 sec.)










What can you expect buying and holding a share of Mmag? (30 sec.)

How much money do you get?

How much money do you get?
RM0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
RM0.08
Expected worth in 1 year
RM-0.07
How sure are you?
50.0%

+ What do you gain per year?

Total Gains per Share
RM-0.15
Return On Investment
-84.7%

For what price can you sell your share?

Current Price per Share
RM0.18
Expected price per share
RM0.135 - RM0.2
How sure are you?
50%

1. Valuation of Mmag (5 min.)




Live pricePrice per Share (EOD)

RM0.18

Intrinsic Value Per Share

RM0.84 - RM1.02

Total Value Per Share

RM0.93 - RM1.10

2. Growth of Mmag (5 min.)




Is Mmag growing?

Current yearPrevious yearGrowGrow %
How rich?$29.5m$80.6m-$47.5m-143.3%

How much money is Mmag making?

Current yearPrevious yearGrowGrow %
Making money-$2.6m-$896.3k-$1.7m-66.6%
Net Profit Margin-12.5%-3.2%--

How much money comes from the company's main activities?

3. Financial Health of Mmag (5 min.)




What can you expect buying and holding a share of Mmag? (5 min.)

Welcome investor! Mmag's management wants to use your money to grow the business. In return you get a share of Mmag.

What can you expect buying and holding a share of Mmag?

First you should know what it really means to hold a share of Mmag. And how you can make/lose money.

Speculation

The Price per Share of Mmag is RM0.175. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Mmag.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Mmag, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is RM0.08. Based on the TTM, the Book Value Change Per Share is RM-0.04 per quarter. Based on the YOY, the Book Value Change Per Share is RM0.02 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is RM0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Mmag.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 RM% of Price per ShareRM% of Price per ShareRM% of Price per ShareRM% of Price per ShareRM% of Price per Share
Usd Eps0.000.0%0.000.0%0.00-0.3%0.00-0.4%0.00-0.4%
Usd Book Value Change Per Share0.00-0.5%-0.01-4.5%0.002.8%0.000.5%0.000.5%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.00-0.5%-0.01-4.5%0.002.8%0.000.5%0.000.5%
Usd Price Per Share0.02-0.01-0.01-0.04-0.04-
Price to Earnings Ratio-372.89--120.65--0.74--30.02--30.02-
Price-to-Total Gains Ratio-22.90--576.74-2.91--145.87--145.87-
Price to Book Ratio1.15-0.40-0.21-1.97-1.97-
Price-to-Total Gains Ratio-22.90--576.74-2.91--145.87--145.87-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.036995
Number of shares27030
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.010.00
Usd Total Gains Per Share-0.010.00
Gains per Quarter (27030 shares)-211.6623.52
Gains per Year (27030 shares)-846.6394.08
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-847-85709484
20-1693-17040188178
30-2540-25510282272
40-3387-33980376366
50-4233-42450470460
60-5080-50920564554
70-5926-59390659648
80-6773-67860753742
90-7620-76330847836
100-8466-84800941930

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.03.00.025.0%2.010.00.016.7%3.017.00.015.0%3.017.00.015.0%3.017.00.015.0%
Book Value Change Per Share0.04.00.00.0%6.06.00.050.0%10.010.00.050.0%10.010.00.050.0%10.010.00.050.0%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.020.00.0%0.00.020.00.0%
Total Gains per Share0.04.00.00.0%6.06.00.050.0%10.010.00.050.0%10.010.00.050.0%10.010.00.050.0%

Fundamentals of Mmag

About MMAG Holdings Bhd

MMAG Holdings Berhad, an investment holding company, provides information technology products in Malaysia, Singapore, Hong Kong, Vietnam, and internationally. The company operates through Mobile & Fulfilments, Courier and Logistic Services, and Air Freight segments. The Mobile & Fulfilments segment is involved in mobile operators' 3PL and 4PL contracts, fulfilment business, and physical and online sale of smart devices. The Courier and logistic services segment provides express or last mile delivery services, warehousing, customised solutions, freight forwarding, and customs clearance services. The Air freight segment provides air cargo services. The company distributes telecommunication products, services, accessories, and devices and other multimedia hardware and software, as well as information technology products. In addition, the company provides electronic commerce services; airline charter flight; aviation facilities, products, and services; and insurance agency services, as well as engages in property investment. The company was formerly known as Ingenuity Consolidated Berhad and changed its name to MMag Holdings Berhad in January 2016. MMag Holdings Berhad was incorporated in 2003 and is based in Subang Jaya, Malaysia.

Fundamental data was last updated by Penke on 2024-03-07 23:58:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of MMAG Holdings Bhd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Mmag earns for each RM1 of revenue.

  • Above 10% is considered healthy but always compare Mmag to the Software - Application industry mean.
  • A Net Profit Margin of -0.1% means that RM0.00 for each RM1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of MMAG Holdings Bhd:

  • The MRQ is -0.1%. The company is not making a profit/loss.
  • The TTM is -12.5%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-0.1%TTM-12.5%+12.4%
TTM-12.5%YOY-3.2%-9.2%
TTM-12.5%5Y-11.4%-1.1%
5Y-11.4%10Y-11.4%0.0%
1.1.2. Return on Assets

Shows how efficient Mmag is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Mmag to the Software - Application industry mean.
  • 0.0% Return on Assets means that Mmag generated RM0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of MMAG Holdings Bhd:

  • The MRQ is 0.0%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -2.1%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.0%TTM-2.1%+2.1%
TTM-2.1%YOY-0.5%-1.6%
TTM-2.1%5Y-2.9%+0.7%
5Y-2.9%10Y-2.9%0.0%
1.1.3. Return on Equity

Shows how efficient Mmag is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Mmag to the Software - Application industry mean.
  • -0.1% Return on Equity means Mmag generated RM0.00 for each RM1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of MMAG Holdings Bhd:

  • The MRQ is -0.1%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -7.4%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.1%TTM-7.4%+7.4%
TTM-7.4%YOY-1.1%-6.3%
TTM-7.4%5Y-5.0%-2.4%
5Y-5.0%10Y-5.0%0.0%

1.2. Operating Efficiency of MMAG Holdings Bhd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Mmag is operating .

  • Measures how much profit Mmag makes for each RM1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Mmag to the Software - Application industry mean.
  • An Operating Margin of 0.0% means the company generated RM0.00  for each RM1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of MMAG Holdings Bhd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.7%-0.7%
TTM0.7%YOY-2.4%+3.1%
TTM0.7%5Y-0.3%+1.0%
5Y-0.3%10Y-0.3%0.0%
1.2.2. Operating Ratio

Measures how efficient Mmag is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Software - Application industry mean).
  • An Operation Ratio of 1.76 means that the operating costs are RM1.76 for each RM1 in net sales.

Let's take a look of the Operating Ratio trends of MMAG Holdings Bhd:

  • The MRQ is 1.763. The company is inefficient in keeping operating costs low. -1
  • The TTM is 2.006. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.763TTM2.006-0.243
TTM2.006YOY2.182-0.176
TTM2.0065Y1.910+0.096
5Y1.91010Y1.9100.000

1.3. Liquidity of MMAG Holdings Bhd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Mmag is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Software - Application industry mean).
  • A Current Ratio of 1.01 means the company has RM1.01 in assets for each RM1 in short-term debts.

Let's take a look of the Current Ratio trends of MMAG Holdings Bhd:

  • The MRQ is 1.006. The company is just able to pay all its short-term debts.
  • The TTM is 0.845. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ1.006TTM0.845+0.162
TTM0.845YOY0.909-0.064
TTM0.8455Y1.458-0.613
5Y1.45810Y1.4580.000
1.3.2. Quick Ratio

Measures if Mmag is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Mmag to the Software - Application industry mean.
  • A Quick Ratio of 0.43 means the company can pay off RM0.43 for each RM1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of MMAG Holdings Bhd:

  • The MRQ is 0.429. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.436. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.429TTM0.436-0.007
TTM0.436YOY0.713-0.277
TTM0.4365Y1.027-0.591
5Y1.02710Y1.0270.000

1.4. Solvency of MMAG Holdings Bhd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Mmag assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Mmag to Software - Application industry mean.
  • A Debt to Asset Ratio of 0.76 means that Mmag assets are financed with 75.6% credit (debt) and the remaining percentage (100% - 75.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of MMAG Holdings Bhd:

  • The MRQ is 0.756. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.734. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.756TTM0.734+0.022
TTM0.734YOY0.515+0.219
TTM0.7345Y0.434+0.300
5Y0.43410Y0.4340.000
1.4.2. Debt to Equity Ratio

Measures if Mmag is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Mmag to the Software - Application industry mean.
  • A Debt to Equity ratio of 253.6% means that company has RM2.54 debt for each RM1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of MMAG Holdings Bhd:

  • The MRQ is 2.536. The company is unable to pay all its debts with equity. -1
  • The TTM is 2.526. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ2.536TTM2.526+0.010
TTM2.526YOY1.063+1.464
TTM2.5265Y0.987+1.539
5Y0.98710Y0.9870.000

2. Market Valuation of MMAG Holdings Bhd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every RM1 in earnings Mmag generates.

  • Above 15 is considered overpriced but always compare Mmag to the Software - Application industry mean.
  • A PE ratio of -372.89 means the investor is paying RM-372.89 for every RM1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of MMAG Holdings Bhd:

  • The EOD is -686.905. Based on the earnings, the company is expensive. -2
  • The MRQ is -372.891. Based on the earnings, the company is expensive. -2
  • The TTM is -120.653. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-686.905MRQ-372.891-314.014
MRQ-372.891TTM-120.653-252.238
TTM-120.653YOY-0.737-119.915
TTM-120.6535Y-30.017-90.636
5Y-30.01710Y-30.0170.000
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of MMAG Holdings Bhd:

  • The EOD is -11.336. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -6.154. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -1.626. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-11.336MRQ-6.154-5.182
MRQ-6.154TTM-1.626-4.528
TTM-1.626YOY-1.196-0.430
TTM-1.6265Y-5.875+4.249
5Y-5.87510Y-5.8750.000
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Mmag is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Software - Application industry mean).
  • A PB ratio of 1.15 means the investor is paying RM1.15 for each RM1 in book value.

Let's take a look of the Price to Book Ratio trends of MMAG Holdings Bhd:

  • The EOD is 2.126. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.154. Based on the equity, the company is underpriced. +1
  • The TTM is 0.404. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD2.126MRQ1.154+0.972
MRQ1.154TTM0.404+0.750
TTM0.404YOY0.207+0.198
TTM0.4045Y1.974-1.570
5Y1.97410Y1.9740.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of MMAG Holdings Bhd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.004-0.037+793%0.023-118%0.004-201%0.004-201%
Book Value Per Share--0.0820.093-11%0.225-63%0.121-32%0.121-32%
Current Ratio--1.0060.845+19%0.909+11%1.458-31%1.458-31%
Debt To Asset Ratio--0.7560.734+3%0.515+47%0.434+74%0.434+74%
Debt To Equity Ratio--2.5362.526+0%1.063+139%0.987+157%0.987+157%
Dividend Per Share----0%-0%-0%-0%
Eps--0.0000.000-122%-0.002+3816%-0.003+5219%-0.003+5219%
Free Cash Flow Per Share---0.004-0.004-1%0.001-715%-0.006+67%-0.006+67%
Free Cash Flow To Equity Per Share---0.004-0.010+172%0.002-316%0.000-927%0.000-927%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--1.020--------
Intrinsic Value_10Y_min--0.844--------
Intrinsic Value_1Y_max--0.009--------
Intrinsic Value_1Y_min--0.008--------
Intrinsic Value_3Y_max--0.097--------
Intrinsic Value_3Y_min--0.091--------
Intrinsic Value_5Y_max--0.272--------
Intrinsic Value_5Y_min--0.246--------
Market Cap296742252.800+46%161088975.56559348531.571+171%78593556.505+105%288721600.079-44%288721600.079-44%
Net Profit Margin---0.001-0.125+13904%-0.032+3512%-0.114+12659%-0.114+12659%
Operating Margin---0.007-100%-0.0240%-0.0030%-0.0030%
Operating Ratio--1.7632.006-12%2.182-19%1.910-8%1.910-8%
Pb Ratio2.126+46%1.1540.404+185%0.207+458%1.974-42%1.974-42%
Pe Ratio-686.905-84%-372.891-120.653-68%-0.737-100%-30.017-92%-30.017-92%
Price Per Share0.175+46%0.0950.035+171%0.046+105%0.170-44%0.170-44%
Price To Free Cash Flow Ratio-11.336-84%-6.154-1.626-74%-1.196-81%-5.875-5%-5.875-5%
Price To Total Gains Ratio-42.185-84%-22.901-576.745+2418%2.908-888%-145.867+537%-145.867+537%
Quick Ratio--0.4290.436-2%0.713-40%1.027-58%1.027-58%
Return On Assets--0.000-0.021+11101%-0.005+2736%-0.029+15028%-0.029+15028%
Return On Equity---0.001-0.074+11628%-0.011+1624%-0.050+7853%-0.050+7853%
Total Gains Per Share---0.004-0.037+793%0.023-118%0.004-201%0.004-201%
Usd Book Value--29509114.60033160687.049-11%80666072.249-63%43449371.150-32%43449371.150-32%
Usd Book Value Change Per Share---0.001-0.008+793%0.005-118%0.001-201%0.001-201%
Usd Book Value Per Share--0.0170.020-11%0.047-63%0.026-32%0.026-32%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0000.000-122%-0.001+3816%-0.001+5219%-0.001+5219%
Usd Free Cash Flow---1383401.600-1366015.218-1%225595.193-713%-2312904.135+67%-2312904.135+67%
Usd Free Cash Flow Per Share---0.001-0.001-1%0.000-715%-0.001+67%-0.001+67%
Usd Free Cash Flow To Equity Per Share---0.001-0.002+172%0.000-316%0.000-927%0.000-927%
Usd Market Cap62731312.242+46%34054209.43412546279.574+171%16614677.845+105%61035746.257-44%61035746.257-44%
Usd Price Per Share0.037+46%0.0200.007+171%0.010+105%0.036-44%0.036-44%
Usd Profit---22831.200-2679947.396+11638%-896342.342+3826%-1771158.668+7658%-1771158.668+7658%
Usd Revenue--25651487.40024120724.145+6%20546962.223+25%17360501.484+48%17360501.484+48%
Usd Total Gains Per Share---0.001-0.008+793%0.005-118%0.001-201%0.001-201%
 EOD+5 -3MRQTTM+19 -14YOY+14 -185Y+16 -1610Y+16 -16

3.2. Fundamental Score

Let's check the fundamental score of MMAG Holdings Bhd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-686.905
Price to Book Ratio (EOD)Between0-12.126
Net Profit Margin (MRQ)Greater than0-0.001
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.429
Current Ratio (MRQ)Greater than11.006
Debt to Asset Ratio (MRQ)Less than10.756
Debt to Equity Ratio (MRQ)Less than12.536
Return on Equity (MRQ)Greater than0.15-0.001
Return on Assets (MRQ)Greater than0.050.000
Total2/10 (20.0%)

3.3. Technical Score

Let's check the technical score of MMAG Holdings Bhd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5080.326
Ma 20Greater thanMa 500.132
Ma 50Greater thanMa 1000.115
Ma 100Greater thanMa 2000.106
OpenGreater thanClose0.165
Total3/5 (60.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Minority Interest  3,9667,06211,028-10,940881,5251,613-2,904-1,291



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in MYR. All numbers in thousands.

Summary
Total Assets571,932
Total Liabilities432,343
Total Stockholder Equity170,477
 As reported
Total Liabilities 432,343
Total Stockholder Equity+ 170,477
Total Assets = 571,932

Assets

Total Assets571,932
Total Current Assets145,411
Long-term Assets426,521
Total Current Assets
Cash And Cash Equivalents 6,351
Short-term Investments 205
Net Receivables 61,715
Inventory 10,663
Total Current Assets  (as reported)145,411
Total Current Assets  (calculated)78,934
+/- 66,477
Long-term Assets
Property Plant Equipment 381,112
Goodwill 37,226
Intangible Assets 120
Long-term Assets  (as reported)426,521
Long-term Assets  (calculated)418,458
+/- 8,063

Liabilities & Shareholders' Equity

Total Current Liabilities144,490
Long-term Liabilities287,853
Total Stockholder Equity170,477
Total Current Liabilities
Accounts payable 42,020
Total Current Liabilities  (as reported)144,490
Total Current Liabilities  (calculated)42,020
+/- 102,470
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt303,271
Long-term Liabilities  (as reported)287,853
Long-term Liabilities  (calculated)303,271
+/- 15,418
Total Stockholder Equity
Total Stockholder Equity (as reported)170,477
Total Stockholder Equity (calculated)0
+/- 170,477
Other
Capital Stock340,920
Common Stock Shares Outstanding 1,695,673
Net Invested Capital 170,477
Net Working Capital 921



Balance Sheet

Currency in MYR. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-31
> Total Assets 
165,320
155,494
160,929
164,612
163,398
210,620
211,619
231,755
306,040
325,416
378,442
364,145
803,242
759,028
758,539
827,633
598,493
602,262
578,693
571,932
571,932578,693602,262598,493827,633758,539759,028803,242364,145378,442325,416306,040231,755211,619210,620163,398164,612160,929155,494165,320
   > Total Current Assets 
65,862
53,494
45,571
47,591
45,002
92,911
87,443
94,292
90,512
102,348
116,297
101,294
142,424
112,460
120,428
149,358
105,329
107,674
154,994
145,411
145,411154,994107,674105,329149,358120,428112,460142,424101,294116,297102,34890,51294,29287,44392,91145,00247,59145,57153,49465,862
       Cash And Cash Equivalents 
0
0
0
0
3,808
39,282
11,002
10,602
17,127
15,787
21,006
11,625
12,840
9,436
11,189
28,442
11,326
8,847
16,480
6,351
6,35116,4808,84711,32628,44211,1899,43612,84011,62521,00615,78717,12710,60211,00239,2823,8080000
       Short-term Investments 
0
0
0
0
2,277
0
22,077
12,077
4,780
3,035
10,035
9,955
9,705
11,205
4,205
15,305
1,705
205
205
205
2052052051,70515,3054,20511,2059,7059,95510,0353,0354,78012,07722,07702,2770000
       Net Receivables 
24,456
20,077
22,669
25,957
27,422
31,129
34,077
30,420
28,600
29,894
43,157
41,669
32,672
37,791
98,617
96,480
45,788
88,424
50,816
61,715
61,71550,81688,42445,78896,48098,61737,79132,67241,66943,15729,89428,60030,42034,07731,12927,42225,95722,66920,07724,456
       Inventory 
1,168
2,062
4,745
7,837
3,501
3,004
1,431
1,672
2,881
7,143
6,053
4,711
10,536
6,762
6,417
9,131
8,275
10,198
13,398
10,663
10,66313,39810,1988,2759,1316,4176,76210,5364,7116,0537,1432,8811,6721,4313,0043,5017,8374,7452,0621,168
   > Long-term Assets 
0
0
0
0
118,396
117,709
124,176
137,463
215,528
223,068
262,145
262,851
660,819
646,568
638,111
678,275
493,164
494,588
423,699
426,521
426,521423,699494,588493,164678,275638,111646,568660,819262,851262,145223,068215,528137,463124,176117,709118,3960000
       Property Plant Equipment 
76,090
78,617
78,738
78,028
81,705
80,765
104,051
118,790
111,896
114,294
116,382
115,232
344,301
337,664
331,386
390,529
384,847
386,555
374,799
381,112
381,112374,799386,555384,847390,529331,386337,664344,301115,232116,382114,294111,896118,790104,05180,76581,70578,02878,73878,61776,090
       Goodwill 
9,845
9,845
9,845
9,845
9,845
9,845
10,583
10,594
10,383
10,383
41,018
41,771
37,226
37,226
37,226
37,226
37,226
37,226
37,226
37,226
37,22637,22637,22637,22637,22637,22637,22637,22641,77141,01810,38310,38310,59410,5839,8459,8459,8459,8459,8459,845
       Intangible Assets 
577
577
577
577
577
602
602
602
120
120
2,979
4,265
120
120
120
120
120
120
120
120
1201201201201201201201204,2652,979120120602602602577577577577577
> Total Liabilities 
43,321
37,893
44,332
53,666
62,633
75,302
64,437
62,775
86,964
90,988
130,436
128,182
426,990
378,166
380,158
436,807
427,868
431,649
432,070
432,343
432,343432,070431,649427,868436,807380,158378,166426,990128,182130,43690,98886,96462,77564,43775,30262,63353,66644,33237,89343,321
   > Total Current Liabilities 
25,870
20,853
27,442
37,690
44,590
57,571
39,806
35,769
45,105
48,945
85,928
84,446
169,594
127,314
104,729
195,996
162,192
166,096
144,233
144,490
144,490144,233166,096162,192195,996104,729127,314169,59484,44685,92848,94545,10535,76939,80657,57144,59037,69027,44220,85325,870
       Short Long Term Debt 
0
0
0
0
14,765
14,948
379
382
3,899
11,344
392
396
20,549
17,399
16,437
15,435
15,425
15,239
0
0
0015,23915,42515,43516,43717,39920,54939639211,3443,89938237914,94814,7650000
       Accounts payable 
0
0
0
0
2,659
2,418
6,747
3,029
9,137
5,848
25,247
18,697
28,725
29,384
38,589
49,778
27,983
37,300
49,562
42,020
42,02049,56237,30027,98349,77838,58929,38428,72518,69725,2475,8489,1373,0296,7472,4182,6590000
       Other Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
22,803
0
49,688
48,493
4,000
74,027
0
0
0074,0274,00048,49349,688022,803000000000000
   > Long-term Liabilities 
0
0
0
0
17,924
17,526
20,247
22,645
35,534
35,171
34,933
34,616
255,846
255,815
255,655
252,111
288,004
287,969
287,837
287,853
287,853287,837287,969288,004252,111255,655255,815255,84634,61634,93335,17135,53422,64520,24717,52617,9240000
       Long term Debt Total 
15,502
15,149
15,029
14,172
16,023
0
18,344
20,742
34,142
33,778
33,540
33,223
254,885
254,854
254,694
252,101
288,004
287,969
0
0
00287,969288,004252,101254,694254,854254,88533,22333,54033,77834,14220,74218,344016,02314,17215,02915,14915,502
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
961
10
0
0
0
0
00001096100000000000000
> Total Stockholder Equity
121,999
117,601
116,597
110,946
100,765
135,318
147,182
168,980
219,076
234,428
248,006
235,963
376,252
380,862
378,381
390,826
170,624
170,613
170,652
170,477
170,477170,652170,613170,624390,826378,381380,862376,252235,963248,006234,428219,076168,980147,182135,318100,765110,946116,597117,601121,999
   Common Stock
134,528
134,528
140,288
141,714
141,774
193,625
204,401
238,687
246,330
247,502
270,547
270,547
270,547
294,561
294,561
320,176
340,921
340,920
0
0
00340,920340,921320,176294,561294,561270,547270,547270,547247,502246,330238,687204,401193,625141,774141,714140,288134,528134,528
   Retained Earnings Total Equity00000000000000000000
   Accumulated Other Comprehensive Income 00000000000000000000
   Capital Surplus 00000000000000000000
   Treasury Stock00000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
28
29
29
23
0
171,332
137,609
0
-30,303
0
0
00-30,3030137,609171,332023292928000000000



Balance Sheet

Currency in MYR. All numbers in thousands.




Cash Flow

Currency in MYR. All numbers in thousands.




Income Statement

Currency in MYR. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue462,948
Cost of Revenue-459,575
Gross Profit3,3733,373
 
Operating Income (+$)
Gross Profit3,373
Operating Expense-519,578
Operating Income-56,631-516,206
 
Operating Expense (+$)
Research Development-
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense519,5780
 
Net Interest Income (+$)
Interest Income197
Interest Expense-18,631
Other Finance Cost-0
Net Interest Income-18,434
 
Pretax Income (+$)
Operating Income-56,631
Net Interest Income-18,434
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-78,956-56,631
EBIT - interestExpense = -18,631
-61,783
-43,152
Interest Expense18,631
Earnings Before Interest and Taxes (EBIT)--60,325
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-78,956
Tax Provision--479
Net Income From Continuing Ops-78,477-78,477
Net Income-61,783
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-18,434
 

Technical Analysis of Mmag
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Mmag. The general trend of Mmag is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Mmag's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (71.4%) Bearish trend (-71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of MMAG Holdings Bhd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 0.18 < 0.2 < 0.2.

The bearish price targets are: 0.145 > 0.145 > 0.135.

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MMAG Holdings Bhd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of MMAG Holdings Bhd. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

MMAG Holdings Bhd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of MMAG Holdings Bhd. The current macd is 0.01623118.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Mmag price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Mmag. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Mmag price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
MMAG Holdings Bhd Daily Moving Average Convergence/Divergence (MACD) ChartMMAG Holdings Bhd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of MMAG Holdings Bhd. The current adx is 57.29.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Mmag shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
MMAG Holdings Bhd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of MMAG Holdings Bhd. The current sar is 0.12235266.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
MMAG Holdings Bhd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of MMAG Holdings Bhd. The current rsi is 80.33. The current phase is Overbought in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
  • Trending up: The RSI is trending up. +1
MMAG Holdings Bhd Daily Relative Strength Index (RSI) ChartMMAG Holdings Bhd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of MMAG Holdings Bhd. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Mmag price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
MMAG Holdings Bhd Daily Stochastic Oscillator ChartMMAG Holdings Bhd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of MMAG Holdings Bhd. The current cci is 131.90.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
MMAG Holdings Bhd Daily Commodity Channel Index (CCI) ChartMMAG Holdings Bhd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of MMAG Holdings Bhd. The current cmo is 74.53.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
MMAG Holdings Bhd Daily Chande Momentum Oscillator (CMO) ChartMMAG Holdings Bhd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of MMAG Holdings Bhd. The current willr is -13.33333333.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
MMAG Holdings Bhd Daily Williams %R ChartMMAG Holdings Bhd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of MMAG Holdings Bhd.

MMAG Holdings Bhd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of MMAG Holdings Bhd. The current atr is 0.01202649.

MMAG Holdings Bhd Daily Average True Range (ATR) ChartMMAG Holdings Bhd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of MMAG Holdings Bhd. The current obv is 249,049,980.

MMAG Holdings Bhd Daily On-Balance Volume (OBV) ChartMMAG Holdings Bhd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of MMAG Holdings Bhd. The current mfi is 96.27.

The long score for the Money Flow Index (MFI) is 2/2.
The longshort score for the Money Flow Index (MFI) is 2/(-2 +2).

  • MFI > 50: +1
  • MFI > 80: +1
MMAG Holdings Bhd Daily Money Flow Index (MFI) ChartMMAG Holdings Bhd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for MMAG Holdings Bhd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-02STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-29MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-04RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-08MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-10SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-15WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-15MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-29WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-13MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-14CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-25WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

MMAG Holdings Bhd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of MMAG Holdings Bhd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5080.326
Ma 20Greater thanMa 500.132
Ma 50Greater thanMa 1000.115
Ma 100Greater thanMa 2000.106
OpenGreater thanClose0.165
Total3/5 (60.0%)
Penke

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