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Techfast Holdings Bhd
Buy, Hold or Sell?

Let's analyse Techfast Holdings Bhd together

PenkeI guess you are interested in Techfast 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 Techfast 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 Techfast Holdings Bhd (30 sec.)










What can you expect buying and holding a share of Techfast Holdings Bhd? (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?
22.2%

What is your share worth?

Current worth
RM0.58
Expected worth in 1 year
RM0.63
How sure are you?
83.3%

+ What do you gain per year?

Total Gains per Share
RM0.04
Return On Investment
40.2%

For what price can you sell your share?

Current Price per Share
RM0.11
Expected price per share
RM0.11 - RM0.11
How sure are you?
50%
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1. Valuation of Techfast Holdings Bhd (5 min.)




Live pricePrice per Share (EOD)

RM0.11

Intrinsic Value Per Share

RM-4.44 - RM-5.30

Total Value Per Share

RM-3.85 - RM-4.71

2. Growth of Techfast Holdings Bhd (5 min.)




Is Techfast Holdings Bhd growing?

Current yearPrevious yearGrowGrow %
How rich?$26.9m$22.5m$3.6m14.0%

How much money is Techfast Holdings Bhd making?

Current yearPrevious yearGrowGrow %
Making money-$352.3k-$263.8k-$88.5k-25.1%
Net Profit Margin-2.4%-2.6%--

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

3. Financial Health of Techfast Holdings Bhd (5 min.)




4. Comparing to competitors in the Tools & Accessories industry (5 min.)




  Industry Rankings (Tools & Accessories)  

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

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

What can you expect buying and holding a share of Techfast Holdings Bhd?

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

Speculation

The Price per Share of Techfast Holdings Bhd is RM0.11. 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 Techfast Holdings Bhd.
  • 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 Techfast Holdings Bhd, 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 RM0.58. Based on the TTM, the Book Value Change Per Share is RM0.01 per quarter. Based on the YOY, the Book Value Change Per Share is RM0.03 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 Techfast Holdings Bhd.

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 Eps0.000.4%0.00-1.5%0.00-1.1%0.00-0.3%0.00-0.3%
Usd Book Value Change Per Share0.001.6%0.002.2%0.015.5%0.016.3%0.016.3%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.3%0.000.3%
Usd Total Gains Per Share0.001.6%0.002.2%0.015.5%0.016.7%0.016.7%
Usd Price Per Share0.02-0.03-0.02-0.05-0.05-
Price to Earnings Ratio11.81--0.06--2.19-8.07-8.07-
Price-to-Total Gains Ratio10.76-42.45--6.22-38.94-38.94-
Price to Book Ratio0.15-0.22-0.23-1.63-1.63-
Price-to-Total Gains Ratio10.76-42.45--6.22-38.94-38.94-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.023573
Number of shares42421
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.01
Usd Total Gains Per Share0.000.01
Gains per Quarter (42421 shares)100.40310.51
Gains per Year (42421 shares)401.581,242.04
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
104023926211801232
2080379412423602474
301205119618635403716
401606159824947204958
502008200031158996200
602409240237370797442
702811280443582598684
803213320649794399926
90361436085591061911168
100401640106211179912410

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%4.08.00.033.3%10.08.00.055.6%10.08.00.055.6%10.08.00.055.6%
Book Value Change Per Share4.00.00.0100.0%8.04.00.066.7%12.06.00.066.7%12.06.00.066.7%12.06.00.066.7%
Dividend per Share0.00.04.00.0%2.00.010.016.7%4.00.014.022.2%4.00.014.022.2%4.00.014.022.2%
Total Gains per Share4.00.00.0100.0%9.03.00.075.0%15.03.00.083.3%15.03.00.083.3%15.03.00.083.3%
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Fundamentals of Techfast Holdings Bhd

About Techfast Holdings Bhd

Fast Energy Holdings Berhad, an investment holding company, engages in oil bunkering and renewable energy businesses in Malaysia and internationally. It offers oil bunkering and vessel chartering services; trades in residential and commercial properties; wholesales, distributes, and retails mobile devices, electronic products, and other components of electronic applications; trades in petroleum and commodities; invests in solar PV system; designs, constructs, and operates solar PV system; and trades in solar related products. The company was formerly known as Techfast Holdings Berhad and changed its name to Fast Energy Holdings Berhad in July 2021. Fast Energy Holdings Berhad was incorporated in 2004 and is based in Kuala Lumpur, Malaysia.

Fundamental data was last updated by Penke on 2023-11-19 15:32:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a 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 inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able 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.
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1.1. Profitability of Techfast Holdings Bhd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Techfast Holdings Bhd earns for each RM1 of revenue.

  • Above 10% is considered healthy but always compare Techfast Holdings Bhd to the Tools & Accessories industry mean.
  • A Net Profit Margin of 0.4% 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 Techfast Holdings Bhd:

  • The MRQ is 0.4%. The company is not making a profit/loss.
  • The TTM is -2.4%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ0.4%TTM-2.4%+2.8%
TTM-2.4%YOY-2.6%+0.2%
TTM-2.4%5Y1.5%-3.8%
5Y1.5%10Y1.5%0.0%
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4%6.1%-5.7%
TTM-2.4%6.3%-8.7%
YOY-2.6%8.3%-10.9%
5Y1.5%7.1%-5.6%
10Y1.5%7.5%-6.0%
1.1.2. Return on Assets

Shows how efficient Techfast Holdings Bhd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Techfast Holdings Bhd to the Tools & Accessories industry mean.
  • 0.3% Return on Assets means that Techfast Holdings Bhd generated RM0.00 profit for each $1 in assets.

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

  • The MRQ is 0.3%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is -1.2%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.3%TTM-1.2%+1.5%
TTM-1.2%YOY-1.2%0.0%
TTM-1.2%5Y0.3%-1.6%
5Y0.3%10Y0.3%0.0%
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3%1.4%-1.1%
TTM-1.2%1.5%-2.7%
YOY-1.2%1.8%-3.0%
5Y0.3%1.5%-1.2%
10Y0.3%1.6%-1.3%
1.1.3. Return on Equity

Shows how efficient Techfast Holdings Bhd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Techfast Holdings Bhd to the Tools & Accessories industry mean.
  • 0.3% Return on Equity means Techfast Holdings Bhd generated RM0.00 for each RM1 the owners (shareholders) invested.

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

  • The MRQ is 0.3%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is -1.3%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.3%TTM-1.3%+1.7%
TTM-1.3%YOY-1.3%-0.1%
TTM-1.3%5Y0.4%-1.8%
5Y0.4%10Y0.4%0.0%
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3%2.4%-2.1%
TTM-1.3%2.2%-3.5%
YOY-1.3%3.6%-4.9%
5Y0.4%2.8%-2.4%
10Y0.4%2.9%-2.5%
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1.2. Operating Efficiency of Techfast Holdings Bhd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Techfast Holdings Bhd is operating .

  • Measures how much profit Techfast Holdings Bhd 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 Techfast Holdings Bhd to the Tools & Accessories 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 Techfast Holdings Bhd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y6.5%-6.5%
5Y6.5%10Y6.5%0.0%
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ-10.0%-10.0%
TTM-6.0%-6.0%
YOY-9.2%-9.2%
5Y6.5%8.4%-1.9%
10Y6.5%7.4%-0.9%
1.2.2. Operating Ratio

Measures how efficient Techfast Holdings Bhd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Tools & Accessories industry mean).
  • An Operation Ratio of 1.00 means that the operating costs are RM1.00 for each RM1 in net sales.

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

  • The MRQ is 1.000. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.023. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.000TTM1.023-0.023
TTM1.023YOY1.035-0.011
TTM1.0235Y1.189-0.165
5Y1.18910Y1.1890.000
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0001.536-0.536
TTM1.0231.548-0.525
YOY1.0351.519-0.484
5Y1.1891.534-0.345
10Y1.1891.270-0.081
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1.3. Liquidity of Techfast Holdings Bhd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Techfast Holdings Bhd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Tools & Accessories industry mean).
  • A Current Ratio of 5.29 means the company has RM5.29 in assets for each RM1 in short-term debts.

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

  • The MRQ is 5.290. The company is very able to pay all its short-term debts. +2
  • The TTM is 7.000. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ5.290TTM7.000-1.709
TTM7.000YOY7.965-0.965
TTM7.0005Y7.521-0.521
5Y7.52110Y7.5210.000
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ5.2902.198+3.092
TTM7.0002.271+4.729
YOY7.9652.057+5.908
5Y7.5212.205+5.316
10Y7.5211.966+5.555
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Techfast Holdings Bhd to the Tools & Accessories industry mean.
  • A Quick Ratio of 5.12 means the company can pay off RM5.12 for each RM1 in debt (using most liquid assets).

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

  • The MRQ is 5.116. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 6.039. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ5.116TTM6.039-0.923
TTM6.039YOY6.472-0.433
TTM6.0395Y6.518-0.479
5Y6.51810Y6.5180.000
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ5.1160.825+4.291
TTM6.0390.798+5.241
YOY6.4720.839+5.633
5Y6.5180.983+5.535
10Y6.5180.980+5.538
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1.4. Solvency of Techfast Holdings Bhd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Techfast Holdings Bhd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Techfast Holdings Bhd to Tools & Accessories industry mean.
  • A Debt to Asset Ratio of 0.11 means that Techfast Holdings Bhd assets are financed with 11.2% credit (debt) and the remaining percentage (100% - 11.2%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.112. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.096. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.112TTM0.096+0.015
TTM0.096YOY0.101-0.004
TTM0.0965Y0.116-0.019
5Y0.11610Y0.1160.000
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1120.433-0.321
TTM0.0960.444-0.348
YOY0.1010.447-0.346
5Y0.1160.429-0.313
10Y0.1160.415-0.299
1.4.2. Debt to Equity Ratio

Measures if Techfast Holdings Bhd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Techfast Holdings Bhd to the Tools & Accessories industry mean.
  • A Debt to Equity ratio of 12.6% means that company has RM0.13 debt for each RM1 in shareholders equity.

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

  • The MRQ is 0.126. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.107. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.126TTM0.107+0.018
TTM0.107YOY0.113-0.006
TTM0.1075Y0.133-0.026
5Y0.13310Y0.1330.000
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1260.784-0.658
TTM0.1070.821-0.714
YOY0.1130.819-0.706
5Y0.1330.796-0.663
10Y0.1330.791-0.658
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2. Market Valuation of Techfast 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 Techfast Holdings Bhd generates.

  • Above 15 is considered overpriced but always compare Techfast Holdings Bhd to the Tools & Accessories industry mean.
  • A PE ratio of 11.81 means the investor is paying RM11.81 for every RM1 in earnings.

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

  • The EOD is 14.440. Based on the earnings, the company is underpriced. +1
  • The MRQ is 11.814. Based on the earnings, the company is underpriced. +1
  • The TTM is -0.056. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD14.440MRQ11.814+2.625
MRQ11.814TTM-0.056+11.870
TTM-0.056YOY-2.192+2.137
TTM-0.0565Y8.073-8.128
5Y8.07310Y8.0730.000
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
EOD14.44016.271-1.831
MRQ11.81414.888-3.074
TTM-0.05616.750-16.806
YOY-2.19218.578-20.770
5Y8.07321.860-13.787
10Y8.07326.130-18.057
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -0.377. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -0.308. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -0.112. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.377MRQ-0.308-0.068
MRQ-0.308TTM-0.112-0.196
TTM-0.112YOY-0.723+0.611
TTM-0.1125Y27.587-27.699
5Y27.58710Y27.5870.000
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
EOD-0.3779.670-10.047
MRQ-0.3088.908-9.216
TTM-0.1125.723-5.835
YOY-0.7232.900-3.623
5Y27.5874.283+23.304
10Y27.5873.114+24.473
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2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Tools & Accessories industry mean).
  • A PB ratio of 0.15 means the investor is paying RM0.15 for each RM1 in book value.

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

  • The EOD is 0.188. Based on the equity, the company is cheap. +2
  • The MRQ is 0.154. Based on the equity, the company is cheap. +2
  • The TTM is 0.223. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.188MRQ0.154+0.034
MRQ0.154TTM0.223-0.069
TTM0.223YOY0.234-0.010
TTM0.2235Y1.626-1.402
5Y1.62610Y1.6260.000
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
EOD0.1881.808-1.620
MRQ0.1541.842-1.688
TTM0.2231.874-1.651
YOY0.2341.932-1.698
5Y1.6262.034-0.408
10Y1.6262.463-0.837
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Techfast 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--0.0080.011-24%0.028-71%0.032-74%0.032-74%
Book Value Per Share--0.5840.568+3%0.488+20%0.322+81%0.322+81%
Current Ratio--5.2907.000-24%7.965-34%7.521-30%7.521-30%
Debt To Asset Ratio--0.1120.096+16%0.101+11%0.116-4%0.116-4%
Debt To Equity Ratio--0.1260.107+17%0.113+11%0.133-6%0.133-6%
Dividend Per Share----0%-0%0.002-100%0.002-100%
Eps--0.002-0.008+501%-0.006+400%-0.002+193%-0.002+193%
Free Cash Flow Per Share---0.073-0.001-98%-0.047-36%-0.018-76%-0.018-76%
Free Cash Flow To Equity Per Share---0.0550.030-280%0.118-146%0.046-220%0.046-220%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---5.297--------
Intrinsic Value_10Y_min---4.437--------
Intrinsic Value_1Y_max---0.173--------
Intrinsic Value_1Y_min---0.170--------
Intrinsic Value_3Y_max---0.793--------
Intrinsic Value_3Y_min---0.752--------
Intrinsic Value_5Y_max---1.742--------
Intrinsic Value_5Y_min---1.593--------
Market Cap23680909.120+18%19375307.10027179229.695-29%22604504.160-14%63262371.642-69%63262371.642-69%
Net Profit Margin--0.004-0.024+680%-0.026+731%0.015-72%0.015-72%
Operating Margin----0%-0%0.065-100%0.065-100%
Operating Ratio--1.0001.023-2%1.035-3%1.189-16%1.189-16%
Pb Ratio0.188+18%0.1540.223-31%0.234-34%1.626-91%1.626-91%
Pe Ratio14.440+18%11.814-0.056+100%-2.192+119%8.073+46%8.073+46%
Price Per Share0.110+18%0.0900.126-29%0.105-14%0.249-64%0.249-64%
Price To Free Cash Flow Ratio-0.377-22%-0.308-0.112-64%-0.723+135%27.587-101%27.587-101%
Price To Total Gains Ratio13.150+18%10.75942.445-75%-6.223+158%38.944-72%38.944-72%
Quick Ratio--5.1166.039-15%6.472-21%6.518-22%6.518-22%
Return On Assets--0.003-0.012+523%-0.012+506%0.003-14%0.003-14%
Return On Equity--0.003-0.013+513%-0.013+497%0.004-27%0.004-27%
Total Gains Per Share--0.0080.011-24%0.028-71%0.034-76%0.034-76%
Usd Book Value--26945224.80026210582.434+3%22529405.075+20%15544002.150+73%15544002.150+73%
Usd Book Value Change Per Share--0.0020.002-24%0.006-71%0.007-74%0.007-74%
Usd Book Value Per Share--0.1250.122+3%0.105+20%0.069+81%0.069+81%
Usd Dividend Per Share----0%-0%0.000-100%0.000-100%
Usd Eps--0.000-0.002+501%-0.001+400%0.000+193%0.000+193%
Usd Free Cash Flow---3368581.700-59022.077-98%-2164042.706-36%-894367.430-73%-894367.430-73%
Usd Free Cash Flow Per Share---0.0160.000-98%-0.010-36%-0.004-76%-0.004-76%
Usd Free Cash Flow To Equity Per Share---0.0120.007-280%0.025-146%0.010-220%0.010-220%
Usd Market Cap5074818.824+18%4152128.3125824508.924-29%4844145.241-14%13557126.243-69%13557126.243-69%
Usd Price Per Share0.024+18%0.0190.027-29%0.023-14%0.053-64%0.053-64%
Usd Profit--87863.000-352334.916+501%-263833.838+400%-87589.887+200%-87589.887+200%
Usd Revenue--21573795.30016428802.681+31%13397147.727+61%8169933.078+164%8169933.078+164%
Usd Total Gains Per Share--0.0020.002-24%0.006-71%0.007-76%0.007-76%
 EOD+5 -3MRQTTM+14 -18YOY+14 -185Y+13 -2210Y+13 -22

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1514.440
Price to Book Ratio (EOD)Between0-10.188
Net Profit Margin (MRQ)Greater than00.004
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than15.116
Current Ratio (MRQ)Greater than15.290
Debt to Asset Ratio (MRQ)Less than10.112
Debt to Equity Ratio (MRQ)Less than10.126
Return on Equity (MRQ)Greater than0.150.003
Return on Assets (MRQ)Greater than0.050.003
Total7/10 (70.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.324
Ma 20Greater thanMa 500.113
Ma 50Greater thanMa 1000.114
Ma 100Greater thanMa 2000.111
OpenGreater thanClose0.110
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2023-06-30. Currency in MYR. All numbers in thousands.

Summary
Total Assets141,526
Total Liabilities15,790
Total Stockholder Equity125,736
 As reported
Total Liabilities 15,790
Total Stockholder Equity+ 125,736
Total Assets = 141,526

Assets

Total Assets141,526
Total Current Assets70,364
Long-term Assets70,364
Total Current Assets
Cash And Cash Equivalents 4,639
Net Receivables 63,403
Inventory 1,223
Total Current Assets  (as reported)70,364
Total Current Assets  (calculated)69,265
+/- 1,099
Long-term Assets
Property Plant Equipment 13,101
Goodwill 50,147
Long-term Assets  (as reported)71,162
Long-term Assets  (calculated)63,248
+/- 7,914

Liabilities & Shareholders' Equity

Total Current Liabilities13,301
Long-term Liabilities1,177
Total Stockholder Equity125,736
Total Current Liabilities
Short Long Term Debt 4,811
Accounts payable 7,323
Total Current Liabilities  (as reported)13,301
Total Current Liabilities  (calculated)12,134
+/- 1,167
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt1,167
Long-term Liabilities  (as reported)1,177
Long-term Liabilities  (calculated)1,167
+/- 10
Total Stockholder Equity
Common Stock141,240
Retained Earnings -10,168
Other Stockholders Equity -5,336
Total Stockholder Equity (as reported)125,736
Total Stockholder Equity (calculated)125,736
+/-0
Other
Capital Stock141,240
Cash and Short Term Investments 4,639
Common Stock Shares Outstanding 215,281
Liabilities and Stockholders Equity 141,526
Net Debt 172
Net Invested Capital 130,547
Net Working Capital 57,063



Balance Sheet

Currency in MYR. All numbers in thousands.

 Trend2023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-31
> Total Assets 
31,219
30,982
31,882
32,472
32,273
33,537
34,145
43,118
79,153
96,851
100,261
123,357
112,083
132,477
127,058
139,714
133,555
141,526
141,526133,555139,714127,058132,477112,083123,357100,26196,85179,15343,11834,14533,53732,27332,47231,88230,98231,219
   > Total Current Assets 
22,105
21,865
22,807
23,475
23,230
24,676
25,492
34,899
44,927
61,895
69,088
81,043
68,761
88,613
81,253
71,203
60,742
70,364
70,36460,74271,20381,25388,61368,76181,04369,08861,89544,92734,89925,49224,67623,23023,47522,80721,86522,105
       Cash And Cash Equivalents 
11,126
9,497
9,559
8,729
11,122
12,043
13,492
18,028
17,294
10,574
1,961
9,321
1,139
2,853
4,380
9,100
13,845
4,639
4,63913,8459,1004,3802,8531,1399,3211,96110,57417,29418,02813,49212,04311,1228,7299,5599,49711,126
       Short-term Investments 
4,288
540
540
630
3,413
540
938
1,070
1,170
1,070
2,270
2,052
0
0
0
504
0
0
005040002,0522,2701,0701,1701,0709385403,4136305405404,288
       Net Receivables 
7,084
6,812
8,076
8,508
7,619
6,921
6,824
11,193
21,871
46,541
55,217
49,245
52,591
71,079
64,095
34,216
44,940
63,403
63,40344,94034,21664,09571,07952,59149,24555,21746,54121,87111,1936,8246,9217,6198,5088,0766,8127,084
       Other Current Assets 
0
0
0
0
0
0
0
0
1,069
0
8,525
0
10,451
11,391
0
0
0
0
000011,39110,45108,52501,06900000000
   > Long-term Assets 
9,114
9,117
9,075
8,997
9,043
8,861
8,653
8,219
34,226
34,956
31,173
42,314
43,322
43,864
45,805
68,511
72,813
71,162
71,16272,81368,51145,80543,86443,32242,31431,17334,95634,2268,2198,6538,8619,0438,9979,0759,1179,114
       Property Plant Equipment 
7,942
7,945
7,903
7,825
7,871
7,689
7,481
7,795
7,573
8,028
3,984
4,818
5,879
5,731
7,149
14,097
13,569
13,101
13,10113,56914,0977,1495,7315,8794,8183,9848,0287,5737,7957,4817,6897,8717,8257,9037,9457,942
       Goodwill 
1,110
1,110
1,110
1,110
1,110
1,110
1,110
363
363
363
363
363
0
0
0
50,147
50,147
50,147
50,14750,14750,1470003633633633633631,1101,1101,1101,1101,1101,1101,110
       Intangible Assets 
0
0
0
62
0
0
0
62
0
0
0
40
0
0
0
0
0
0
000000400006200062000
> Total Liabilities 
4,467
4,808
4,370
5,204
4,297
4,348
6,384
5,757
5,025
5,115
11,284
14,842
5,280
16,251
10,560
16,651
9,620
15,790
15,7909,62016,65110,56016,2515,28014,84211,2845,1155,0255,7576,3844,3484,2975,2044,3704,8084,467
   > Total Current Liabilities 
3,607
3,988
3,589
4,485
3,531
3,671
5,796
4,889
4,050
3,778
10,467
13,735
5,034
15,551
9,439
13,216
6,972
13,301
13,3016,97213,2169,43915,5515,03413,73510,4673,7784,0504,8895,7963,6713,5314,4853,5893,9883,607
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,064
0
0
004,064000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,064
0
4,811
4,81104,064000000000000000
       Accounts payable 
3,388
3,725
3,381
1,827
3,231
3,234
5,473
1,819
3,493
3,432
7,862
10,434
341
10,592
8,275
2,530
5,683
7,323
7,3235,6832,5308,27510,59234110,4347,8623,4323,4931,8195,4733,2343,2311,8273,3813,7253,388
   > Long-term Liabilities 
860
820
781
719
766
677
588
868
975
1,337
817
1,107
246
700
1,121
2,064
1,275
1,177
1,1771,2752,0641,1217002461,1078171,337975868588677766719781820860
       Long term Debt Total 
358
308
257
209
153
0
0
327
440
820
678
977
246
201
156
984
0
0
0098415620124697767882044032700153209257308358
       Capital Lease Obligations Min Short Term Debt
572
522
471
420
368
316
263
686
590
908
757
1,334
1,544
1,432
700
-2,648
1,289
1,167
1,1671,289-2,6487001,4321,5441,334757908590686263316368420471522572
> Total Stockholder Equity
26,752
26,174
27,512
27,268
27,976
29,189
27,761
37,361
74,128
91,736
88,977
108,515
106,803
116,226
116,498
123,063
123,935
125,736
125,736123,935123,063116,498116,226106,803108,51588,97791,73674,12837,36127,76129,18927,97627,26827,51226,17426,752
   Common Stock
29,946
29,946
29,946
29,946
29,946
29,946
29,946
39,920
78,234
95,734
95,734
116,754
116,754
125,149
126,581
135,799
139,849
141,240
141,240139,849135,799126,581125,149116,754116,75495,73495,73478,23439,92029,94629,94629,94629,94629,94629,94629,946
   Retained Earnings -10,168-10,578-12,737-4,747-3,587-4,615-8,239-6,757-3,998-4,106-2,560-2,185-757-1,752-2,460-2,216-3,554-3,194
   Capital Surplus 000000000000000000
   Treasury Stock0000000000000-218-218-218-2180
   Other Stockholders Equity -5,336-5,336-5,336-5,336-5,336-5,336-5,33600000000000



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, 2022-12-31)

Gross Profit (+$)
totalRevenue272,053
Cost of Revenue-268,898
Gross Profit3,1543,154
 
Operating Income (+$)
Gross Profit3,154
Operating Expense-276,133
Operating Income-3,125-272,979
 
Operating Expense (+$)
Research Development0
Selling General Administrative5,139
Selling And Marketing Expenses0
Operating Expense276,1335,139
 
Net Interest Income (+$)
Interest Income133
Interest Expense-955
Other Finance Cost-738
Net Interest Income-84
 
Pretax Income (+$)
Operating Income-3,125
Net Interest Income-84
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-2,992-3,125
EBIT - interestExpense = -955
-4,492
-3,538
Interest Expense955
Earnings Before Interest and Taxes (EBIT)0-2,037
Earnings Before Interest and Taxes (EBITDA)-1,695
 
After tax Income (+$)
Income Before Tax-2,992
Tax Provision-554
Net Income From Continuing Ops-3,546-3,546
Net Income-4,492
Net Income Applicable To Common Shares-4,492
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items-947
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net084
 

Technical Analysis of Techfast Holdings Bhd
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 Techfast Holdings Bhd. The general trend of Techfast Holdings Bhd is BEARISH with 57.1% 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 Techfast Holdings Bhd'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 (-57.1%) Bearish trend (57.1%)
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 Techfast Holdings Bhd.

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

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 0.11 < 0.11 < 0.11.

The bearish price targets are: 0.11 > 0.11 > 0.11.

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Techfast 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 Techfast Holdings Bhd. The current mas is .

The long score for the Moving Averages is 3/14.
The longshort score for the Moving Averages is -8/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower 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 lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below 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 below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below 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

Techfast 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 Techfast Holdings Bhd. The current macd is -0.00140535.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal 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 Techfast Holdings Bhd price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Techfast Holdings Bhd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Techfast Holdings Bhd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -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
Techfast Holdings Bhd Daily Moving Average Convergence/Divergence (MACD) ChartTechfast 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 Techfast Holdings Bhd. The current adx is 34.87.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Techfast Holdings Bhd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Techfast 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 Techfast Holdings Bhd. The current sar is 0.1144.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Techfast Holdings Bhd Daily Parabolic SAR Chart
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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 Techfast Holdings Bhd. The current rsi is 43.32. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -3/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
Techfast Holdings Bhd Daily Relative Strength Index (RSI) ChartTechfast 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 Techfast Holdings Bhd. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D 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 Techfast Holdings Bhd price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Techfast Holdings Bhd Daily Stochastic Oscillator ChartTechfast 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 Techfast Holdings Bhd. The current cci is -83.33333333.

Techfast Holdings Bhd Daily Commodity Channel Index (CCI) ChartTechfast 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 Techfast Holdings Bhd. The current cmo is -15.53381102.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Techfast Holdings Bhd Daily Chande Momentum Oscillator (CMO) ChartTechfast 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 Techfast Holdings Bhd. The current willr is -33.33333333.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Techfast Holdings Bhd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Techfast Holdings Bhd Daily Williams %R ChartTechfast Holdings Bhd Daily Williams %R Chart
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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 Techfast Holdings Bhd.

Techfast 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 Techfast Holdings Bhd. The current atr is 0.00625105.

Techfast Holdings Bhd Daily Average True Range (ATR) ChartTechfast Holdings Bhd Daily Average True Range (ATR) Chart
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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 Techfast Holdings Bhd. The current obv is -63,822,684.

Techfast Holdings Bhd Daily On-Balance Volume (OBV) ChartTechfast 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 Techfast Holdings Bhd. The current mfi is 14.48.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -2/(-2 +2).

  • MFI < 50: -1
  • MFI < 20: -1
Techfast Holdings Bhd Daily Money Flow Index (MFI) ChartTechfast Holdings Bhd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Techfast 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
2023-07-17DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 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
2023-07-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-07-20STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-07-21STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-07-24CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-07-25STOCH SHORT EXITThe %K line crosses above the %D line.
2023-07-26STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-07-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-08-03CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-08-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-08-08STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-08-10STOCH LONG EXITThe %K line crosses below the %D line.
2023-08-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-08-14CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-08-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-08-16WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-08-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-08-18STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-08-22SAR 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
2023-08-24CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-08-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-08-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-08-30STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-09-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-09-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-09-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-09-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-09-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-09-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-09-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH 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
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
2023-09-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-09-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-09-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-09-25MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-09-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-09-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-09-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-10-02STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-10-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-10-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-10-09CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-10-10WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-10-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-10-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-10-16SAR 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-10-17STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-10-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-10-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-10-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-26DMI 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
2023-10-30STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-01DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-03MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-06WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-07MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-23MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-24CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-30WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-01SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside

6.3. Candlestick Patterns

Techfast Holdings Bhd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.324
Ma 20Greater thanMa 500.113
Ma 50Greater thanMa 1000.114
Ma 100Greater thanMa 2000.111
OpenGreater thanClose0.110
Total1/5 (20.0%)
Penke

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