25 XP 0   0   10  
0coffee
Main menu
3rd party ad coffee SUPPORTERis ad-free.

5001 (Mieco) Stock Analysis
Buy, Hold or Sell?

Let's analyze Mieco together

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

  • 📊 Fundamental Analysis (FA) – Mieco’s Financial Insights
  • 📈 Technical Analysis (TA) – Mieco’s Price Targets

I'm going to help you getting a better view of Mieco Chipboard 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.

Get notifications about Mieco Chipboard Bhd

I send you an email if I find something interesting about Mieco Chipboard Bhd.

1. Quick Overview

1.1. Quick analysis of Mieco (30 sec.)










1.2. What can you expect buying and holding a share of Mieco? (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
RM0.33
Expected worth in 1 year
RM0.34
How sure are you?
62.1%

+ What do you gain per year?

Total Gains per Share
RM0.01
Return On Investment
1.0%

For what price can you sell your share?

Current Price per Share
RM0.67
Expected price per share
RM0.65 - RM0.69
How sure are you?
50%
3rd party ad coffee SUPPORTERis ad-free.

2. Detailed Analysis

2.1. Valuation of Mieco (5 min.)




Live pricePrice per Share (EOD)
RM0.67
Intrinsic Value Per Share
RM-0.66 - RM-0.79
Total Value Per Share
RM-0.33 - RM-0.46

2.2. Growth of Mieco (5 min.)




Is Mieco growing?

Current yearPrevious yearGrowGrow %
How rich?$78.7m$82.3m-$4.9m-6.4%

How much money is Mieco making?

Current yearPrevious yearGrowGrow %
Making money$355.5k-$4.5m$4.9m1,386.4%
Net Profit Margin1.1%-19.2%--

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

2.3. Financial Health of Mieco (5 min.)




2.4. Comparing to competitors in the Lumber & Wood Production industry (5 min.)




  Industry Rankings (Lumber & Wood Production)  

3rd party ad coffee SUPPORTERis ad-free.

3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Mieco?

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

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

Speculation

The Price per Share of Mieco is RM0.67. 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 Mieco.
  • 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 Mieco, 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 RM0.33. Based on the TTM, the Book Value Change Per Share is RM0.00 per quarter. Based on the YOY, the Book Value Change Per Share is RM-0.02 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 Mieco.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 RM% of Price per ShareRM% of Price per ShareRM% of Price per ShareRM% of Price per ShareRM% of Price per ShareRM% of Price per Share
Usd Eps0.000.1%0.000.1%0.00-0.7%0.00-0.3%0.00-0.1%0.000.0%
Usd Book Value Change Per Share0.000.1%0.000.1%0.00-0.7%0.00-0.3%0.000.0%0.000.4%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.000.1%0.000.1%0.00-0.7%0.00-0.3%0.000.0%0.000.4%
Usd Price Per Share0.16-0.16-0.15-0.15-0.15-0.14-
Price to Earnings Ratio111.35-49.26--20.85-2.10-15.68-22.08-
Price-to-Total Gains Ratio445.38-194.02--83.37-7.23-61.43-92.62-
Price to Book Ratio2.07-2.10-1.89-1.82-1.75-1.76-
Price-to-Total Gains Ratio445.38-194.02--83.37-7.23-61.43-92.62-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.159661
Number of shares6263
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (6263 shares)2.611.29
Gains per Year (6263 shares)10.445.15
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1010005-5
2021100100
3031200155
40423002110
50524002615
60635003120
70736003625
80847004130
90948004635
1001049005240

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 Share3.01.00.075.0%4.08.00.033.3%10.010.00.050.0%17.012.00.058.6%17.012.00.058.6%
Book Value Change Per Share3.01.00.075.0%4.08.00.033.3%10.010.00.050.0%18.011.00.062.1%18.011.00.062.1%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.029.00.0%0.00.029.00.0%
Total Gains per Share3.01.00.075.0%4.08.00.033.3%10.010.00.050.0%18.011.00.062.1%18.011.00.062.1%
3rd party ad coffee SUPPORTERis ad-free.

3.2. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0020.002-12%-0.019+1348%-0.008+609%0.001+78%0.011-87%
Book Value Per Share--0.3310.325+2%0.346-4%0.359-8%0.356-7%0.344-4%
Current Ratio--1.0101.027-2%0.982+3%1.010+0%0.929+9%0.864+17%
Debt To Asset Ratio--0.4840.504-4%0.494-2%0.468+4%0.468+3%0.476+2%
Debt To Equity Ratio--0.9391.017-8%0.980-4%0.894+5%0.893+5%0.814+15%
Dividend Per Share----0%-0%-0%-0%-0%
Enterprise Value--374684000.000350947000.000+7%316380000.000+18%348212166.667+8%332758400.000+13%304419655.172+23%
Eps--0.0020.001+3%-0.019+1348%-0.008+626%-0.002+249%-0.001+154%
Ev To Sales Ratio--0.9670.875+11%0.796+22%1.007-4%0.917+6%0.870+11%
Free Cash Flow Per Share---0.004-0.002-63%-0.011+159%-0.002-46%0.000-5270%0.001-443%
Free Cash Flow To Equity Per Share---0.004-0.002-63%0.001-634%-0.004-12%-0.008+89%-0.008+70%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---0.794----------
Intrinsic Value_10Y_min---0.663----------
Intrinsic Value_1Y_max---0.020----------
Intrinsic Value_1Y_min---0.019----------
Intrinsic Value_3Y_max---0.105----------
Intrinsic Value_3Y_min---0.099----------
Intrinsic Value_5Y_max---0.245----------
Intrinsic Value_5Y_min---0.223----------
Market Cap670000000.000-2%685000000.000681250000.000+1%647500000.000+6%643750000.000+6%618500000.000+11%595693103.448+15%
Net Profit Margin--0.0160.011+39%-0.192+1310%-0.091+672%-0.041+356%-0.015+193%
Operating Margin----0%-0.0290%-0.0710%-0.0450%-0.0240%
Operating Ratio----0%0.016-100%0.005-100%0.006-100%0.297-100%
Pb Ratio2.027-2%2.0722.097-1%1.886+10%1.821+14%1.753+18%1.762+18%
Pe Ratio108.908-2%111.34649.258+126%-20.847+119%2.100+5202%15.682+610%22.082+404%
Price Per Share0.670-2%0.6850.681+1%0.648+6%0.644+6%0.619+11%0.596+15%
Price To Free Cash Flow Ratio-37.896+2%-38.7449.873-492%-88.757+129%-46.087+19%-42.493+10%-29.230-25%
Price To Total Gains Ratio435.631-2%445.384194.023+130%-83.372+119%7.228+6062%61.425+625%92.618+381%
Quick Ratio--0.2390.233+2%0.317-25%0.402-41%0.444-46%0.420-43%
Return On Assets--0.0020.002+5%-0.028+1268%-0.012+603%-0.004+248%-0.001+130%
Return On Equity--0.0050.004+4%-0.056+1297%-0.023+585%-0.007+249%-0.008+263%
Total Gains Per Share--0.0020.002-12%-0.019+1348%-0.008+609%0.001+78%0.011-87%
Usd Book Value--78778167.20077432010.500+2%82350224.625-4%85661224.400-8%84896186.080-7%81999071.086-4%
Usd Book Value Change Per Share--0.0000.000-12%-0.005+1348%-0.002+609%0.000+78%0.003-87%
Usd Book Value Per Share--0.0790.077+2%0.082-4%0.086-8%0.085-7%0.082-4%
Usd Dividend Per Share----0%-0%-0%-0%-0%
Usd Enterprise Value--89287197.20083630670.100+7%75393354.000+18%82978959.317+8%79296326.720+13%72543203.828+23%
Usd Eps--0.0000.000+3%-0.005+1348%-0.002+626%-0.001+249%0.000+154%
Usd Free Cash Flow---1053286.000-391467.325-63%-2723947.725+159%-564214.967-46%20374.650-5270%222054.514-574%
Usd Free Cash Flow Per Share---0.0010.000-63%-0.003+159%-0.001-46%0.000-5270%0.000-443%
Usd Free Cash Flow To Equity Per Share---0.0010.000-63%0.000-634%-0.001-12%-0.002+89%-0.002+70%
Usd Market Cap159661000.000-2%163235500.000162341875.000+1%154299250.000+6%153405625.000+6%147388550.000+11%141953666.552+15%
Usd Price Per Share0.160-2%0.1630.162+1%0.154+6%0.153+6%0.147+11%0.142+15%
Usd Profit--366505.400355543.600+3%-4573811.050+1348%-1924768.958+625%-542120.585+248%-197789.000+154%
Usd Revenue--23073159.20024129304.800-4%23796578.425-3%21635435.725+7%22093174.280+4%22230407.141+4%
Usd Total Gains Per Share--0.0000.000-12%-0.005+1348%-0.002+609%0.000+78%0.003-87%
 EOD+3 -5MRQTTM+21 -13YOY+24 -113Y+19 -165Y+22 -1310Y+19 -16

3.3 Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15108.908
Price to Book Ratio (EOD)Between0-12.027
Net Profit Margin (MRQ)Greater than00.016
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.239
Current Ratio (MRQ)Greater than11.010
Debt to Asset Ratio (MRQ)Less than10.484
Debt to Equity Ratio (MRQ)Less than10.939
Return on Equity (MRQ)Greater than0.150.005
Return on Assets (MRQ)Greater than0.050.002
Total4/10 (40.0%)

3.4 Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5038.185
Ma 20Greater thanMa 500.672
Ma 50Greater thanMa 1000.681
Ma 100Greater thanMa 2000.686
OpenGreater thanClose0.650
Total1/5 (20.0%)

4. In-depth Analysis

4.1 About Mieco Chipboard Bhd

Mieco Chipboard Berhad, an investment holding company, engages in the manufacture and sale of wood-based products in Malaysia, Hong Kong, China, and internationally. The company manufactures and distributes particle boards, melamine faced boards (MFC), medium density fibreboards (MDF), and solid rubberwood products. It also offers high pressure laminate, rubberwood raw material, and wooded furniture, as well as chipboards related products. In addition, the company is involved in the provision of management services; manufacturing and trading of moulded timber and furniture products; and timber treatment processing. Mieco Chipboard Berhad was incorporated in 1972 and is headquartered in Cheras, Malaysia.

Fundamental data was last updated by Penke on 2025-06-28 04:49:03.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
The company is just 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 able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is cheap.
3rd party ad coffee SUPPORTERis ad-free.

4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Mieco to the Lumber & Wood Production industry mean.
  • A Net Profit Margin of 1.6% means that RM0.02 for each RM1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Mieco Chipboard Bhd:

  • The MRQ is 1.6%. The company is making a profit. +1
  • The TTM is 1.1%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ1.6%TTM1.1%+0.4%
TTM1.1%YOY-19.2%+20.4%
TTM1.1%5Y-4.1%+5.2%
5Y-4.1%10Y-1.5%-2.6%
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6%1.5%+0.1%
TTM1.1%-0.8%+1.9%
YOY-19.2%0.9%-20.1%
3Y-9.1%-0.2%-8.9%
5Y-4.1%2.4%-6.5%
10Y-1.5%2.0%-3.5%
4.3.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Mieco to the Lumber & Wood Production industry mean.
  • 0.2% Return on Assets means that Mieco generated RM0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Mieco Chipboard Bhd:

  • The MRQ is 0.2%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.2%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.2%TTM0.2%+0.0%
TTM0.2%YOY-2.8%+3.0%
TTM0.2%5Y-0.4%+0.6%
5Y-0.4%10Y-0.1%-0.3%
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2%0.2%+0.0%
TTM0.2%-0.1%+0.3%
YOY-2.8%0.2%-3.0%
3Y-1.2%0.6%-1.8%
5Y-0.4%1.2%-1.6%
10Y-0.1%1.2%-1.3%
4.3.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Mieco to the Lumber & Wood Production industry mean.
  • 0.5% Return on Equity means Mieco generated RM0.00 for each RM1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Mieco Chipboard Bhd:

  • The MRQ is 0.5%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.4%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.5%TTM0.4%+0.0%
TTM0.4%YOY-5.6%+6.0%
TTM0.4%5Y-0.7%+1.1%
5Y-0.7%10Y-0.8%+0.1%
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5%0.7%-0.2%
TTM0.4%0.4%+0.0%
YOY-5.6%0.5%-6.1%
3Y-2.3%1.0%-3.3%
5Y-0.7%2.2%-2.9%
10Y-0.8%2.0%-2.8%
3rd party ad coffee SUPPORTERis ad-free.

4.3.2. Operating Efficiency of Mieco Chipboard Bhd.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Mieco is operating .

  • Measures how much profit Mieco 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 Mieco to the Lumber & Wood Production 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 Mieco Chipboard Bhd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-2.9%+2.9%
TTM-5Y-4.5%+4.5%
5Y-4.5%10Y-2.4%-2.0%
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.8%-4.8%
TTM-3.3%-3.3%
YOY-2.9%3.5%-6.4%
3Y-7.1%3.7%-10.8%
5Y-4.5%5.0%-9.5%
10Y-2.4%4.5%-6.9%
4.3.2.2. Operating Ratio

Measures how efficient Mieco is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Lumber & Wood Production industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are RM0.00 for each RM1 in net sales.

Let's take a look of the Operating Ratio trends of Mieco Chipboard Bhd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY0.016-0.016
TTM-5Y0.006-0.006
5Y0.00610Y0.297-0.291
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.701-1.701
TTM-1.542-1.542
YOY0.0161.079-1.063
3Y0.0051.184-1.179
5Y0.0061.066-1.060
10Y0.2971.012-0.715
3rd party ad coffee SUPPORTERis ad-free.

4.4.3. Liquidity of Mieco Chipboard Bhd.

4.4.3. Liquidity
4.4.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Lumber & Wood Production 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 Mieco Chipboard Bhd:

  • The MRQ is 1.010. The company is just able to pay all its short-term debts.
  • The TTM is 1.027. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.010TTM1.027-0.016
TTM1.027YOY0.982+0.045
TTM1.0275Y0.929+0.098
5Y0.92910Y0.864+0.065
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0101.794-0.784
TTM1.0271.898-0.871
YOY0.9821.801-0.819
3Y1.0102.074-1.064
5Y0.9292.165-1.236
10Y0.8642.019-1.155
4.4.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Mieco to the Lumber & Wood Production industry mean.
  • A Quick Ratio of 0.24 means the company can pay off RM0.24 for each RM1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Mieco Chipboard Bhd:

  • The MRQ is 0.239. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.233. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.239TTM0.233+0.005
TTM0.233YOY0.317-0.084
TTM0.2335Y0.444-0.211
5Y0.44410Y0.420+0.024
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2390.478-0.239
TTM0.2330.495-0.262
YOY0.3170.619-0.302
3Y0.4020.707-0.305
5Y0.4440.757-0.313
10Y0.4200.835-0.415
3rd party ad coffee SUPPORTERis ad-free.

4.5.4. Solvency of Mieco Chipboard Bhd.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Mieco to Lumber & Wood Production industry mean.
  • A Debt to Asset Ratio of 0.48 means that Mieco assets are financed with 48.4% credit (debt) and the remaining percentage (100% - 48.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Mieco Chipboard Bhd:

  • The MRQ is 0.484. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.504. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.484TTM0.504-0.020
TTM0.504YOY0.494+0.010
TTM0.5045Y0.468+0.036
5Y0.46810Y0.476-0.008
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4840.426+0.058
TTM0.5040.434+0.070
YOY0.4940.446+0.048
3Y0.4680.440+0.028
5Y0.4680.435+0.033
10Y0.4760.435+0.041
4.5.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Mieco to the Lumber & Wood Production industry mean.
  • A Debt to Equity ratio of 93.9% means that company has RM0.94 debt for each RM1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Mieco Chipboard Bhd:

  • The MRQ is 0.939. The company is very able to pay all its debts with equity. +2
  • The TTM is 1.017. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ0.939TTM1.017-0.079
TTM1.017YOY0.980+0.037
TTM1.0175Y0.893+0.125
5Y0.89310Y0.814+0.079
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9390.690+0.249
TTM1.0170.730+0.287
YOY0.9800.794+0.186
3Y0.8940.785+0.109
5Y0.8930.783+0.110
10Y0.8140.882-0.068
3rd party ad coffee SUPPORTERis ad-free.

4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

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

  • Above 15 is considered overpriced but always compare Mieco to the Lumber & Wood Production industry mean.
  • A PE ratio of 111.35 means the investor is paying RM111.35 for every RM1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Mieco Chipboard Bhd:

  • The EOD is 108.908. Based on the earnings, the company is expensive. -2
  • The MRQ is 111.346. Based on the earnings, the company is expensive. -2
  • The TTM is 49.258. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD108.908MRQ111.346-2.438
MRQ111.346TTM49.258+62.088
TTM49.258YOY-20.847+70.105
TTM49.2585Y15.682+33.576
5Y15.68210Y22.082-6.400
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
EOD108.9082.106+106.802
MRQ111.3462.061+109.285
TTM49.2582.428+46.830
YOY-20.8473.462-24.309
3Y2.1007.656-5.556
5Y15.6826.572+9.110
10Y22.08214.314+7.768
4.6.2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -37.896. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -38.744. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 9.873. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-37.896MRQ-38.744+0.848
MRQ-38.744TTM9.873-48.618
TTM9.873YOY-88.757+98.630
TTM9.8735Y-42.493+52.366
5Y-42.49310Y-29.230-13.262
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
EOD-37.896-4.271-33.625
MRQ-38.744-5.082-33.662
TTM9.8732.055+7.818
YOY-88.757-0.153-88.604
3Y-46.0870.708-46.795
5Y-42.4930.401-42.894
10Y-29.230-0.572-28.658
3rd party ad coffee SUPPORTERis ad-free.
4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Lumber & Wood Production industry mean).
  • A PB ratio of 2.07 means the investor is paying RM2.07 for each RM1 in book value.

Let's take a look of the Price to Book Ratio trends of Mieco Chipboard Bhd:

  • The EOD is 2.027. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.072. Based on the equity, the company is underpriced. +1
  • The TTM is 2.097. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.027MRQ2.072-0.045
MRQ2.072TTM2.097-0.025
TTM2.097YOY1.886+0.211
TTM2.0975Y1.753+0.344
5Y1.75310Y1.762-0.009
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
EOD2.0270.846+1.181
MRQ2.0720.881+1.191
TTM2.0970.881+1.216
YOY1.8861.053+0.833
3Y1.8211.084+0.737
5Y1.7531.196+0.557
10Y1.7621.550+0.212
4.6.2. Total Gains per Share
3rd party ad coffee SUPPORTERis ad-free.

6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2025-03-31. Currency in MYR. All numbers in thousands.

Summary
Total Assets640,900
Total Liabilities310,316
Total Stockholder Equity330,584
 As reported
Total Liabilities 310,316
Total Stockholder Equity+ 330,584
Total Assets = 640,900

Assets

Total Assets640,900
Total Current Assets226,954
Long-term Assets413,946
Total Current Assets
Cash And Cash Equivalents 11,712
Short-term Investments 10,573
Net Receivables 43,034
Inventory 87,654
Total Current Assets  (as reported)226,954
Total Current Assets  (calculated)152,973
+/- 73,981
Long-term Assets
Property Plant Equipment 369,563
Long-term Assets  (as reported)413,946
Long-term Assets  (calculated)369,563
+/- 44,383

Liabilities & Shareholders' Equity

Total Current Liabilities224,662
Long-term Liabilities85,654
Total Stockholder Equity330,584
Total Current Liabilities
Short Long Term Debt 147,676
Accounts payable 49,108
Total Current Liabilities  (as reported)224,662
Total Current Liabilities  (calculated)196,784
+/- 27,878
Long-term Liabilities
Long term Debt 73,650
Capital Lease Obligations Min Short Term Debt8,007
Long-term Liabilities  (as reported)85,654
Long-term Liabilities  (calculated)81,657
+/- 3,997
Total Stockholder Equity
Retained Earnings 53,996
Total Stockholder Equity (as reported)330,584
Total Stockholder Equity (calculated)53,996
+/- 276,588
Other
Capital Stock276,666
Common Stock Shares Outstanding 1,000,000
Net Debt 209,614
Net Invested Capital 551,910
Net Working Capital 2,292
Property Plant and Equipment Gross 369,563



6.2. Balance Sheets Structured

Currency in MYR. All numbers in thousands.

 Trend2025-03-312024-12-312024-09-302024-06-302024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312016-03-312015-12-312015-09-302015-06-30
> Total Assets 
530,000
533,000
536,000
532,000
729,916
740,166
728,182
705,045
674,602
635,628
641,739
646,564
644,904
630,357
632,272
735,714
703,744
701,775
677,559
636,484
729,998
722,528
685,986
662,423
658,861
658,787
667,665
653,600
640,900
640,900653,600667,665658,787658,861662,423685,986722,528729,998636,484677,559701,775703,744735,714632,272630,357644,904646,564641,739635,628674,602705,045728,182740,166729,916532,000536,000533,000530,000
   > Total Current Assets 
136,000
142,000
134,000
131,000
168,372
184,801
177,260
176,902
170,559
137,985
148,282
139,656
142,718
132,595
140,000
237,805
211,332
209,063
186,050
164,017
177,178
176,226
225,295
204,133
210,077
229,208
241,551
233,046
226,954
226,954233,046241,551229,208210,077204,133225,295176,226177,178164,017186,050209,063211,332237,805140,000132,595142,718139,656148,282137,985170,559176,902177,260184,801168,372131,000134,000142,000136,000
       Cash And Cash Equivalents 
10,000
15,000
12,000
21,000
0
0
10,240
9,812
18,079
12,644
9,951
8,637
11,497
14,233
9,861
78,952
56,434
56,153
50,197
58,116
6,970
9,956
14,049
5,365
7,495
7,286
6,751
9,856
11,712
11,7129,8566,7517,2867,4955,36514,0499,9566,97058,11650,19756,15356,43478,9529,86114,23311,4978,6379,95112,64418,0799,81210,2400021,00012,00015,00010,000
       Short-term Investments 
1,000
1,000
0
1,000
0
0
11,464
0
11,783
11,786
11,786
12,187
12,231
12,178
9,442
9,593
9,596
9,597
9,630
9,755
13,055
13,067
13,096
170
13,339
13,426
13,591
171
10,573
10,57317113,59113,42613,33917013,09613,06713,0559,7559,6309,5979,5969,5939,44212,17812,23112,18711,78611,78611,783011,464001,00001,0001,000
       Net Receivables 
76,000
72,000
70,000
51,000
58,774
70,073
71,147
62,319
52,703
50,372
61,123
55,662
50,128
43,861
47,790
67,982
56,823
46,493
57,009
42,045
62,771
56,845
46,155
50,881
48,918
41,736
49,025
40,098
43,034
43,03440,09849,02541,73648,91850,88146,15556,84562,77142,04557,00946,49356,82367,98247,79043,86150,12855,66261,12350,37252,70362,31971,14770,07358,77451,00070,00072,00076,000
       Inventory 
49,000
54,000
52,000
58,000
73,202
74,460
70,152
66,995
61,497
51,683
53,628
52,601
57,200
52,510
64,052
62,414
66,183
75,853
69,214
54,101
94,382
96,358
91,115
76,659
77,571
89,022
94,215
84,386
87,654
87,65484,38694,21589,02277,57176,65991,11596,35894,38254,10169,21475,85366,18362,41464,05252,51057,20052,60153,62851,68361,49766,99570,15274,46073,20258,00052,00054,00049,000
   > Long-term Assets 
0
0
0
0
0
0
550,922
528,143
504,043
497,643
493,457
506,908
502,186
497,762
492,272
497,909
492,412
492,712
491,509
469,553
552,820
546,302
460,691
458,290
448,784
429,579
426,114
420,554
413,946
413,946420,554426,114429,579448,784458,290460,691546,302552,820469,553491,509492,712492,412497,909492,272497,762502,186506,908493,457497,643504,043528,143550,922000000
       Property Plant Equipment 
0
0
0
0
556,111
549,932
545,489
522,710
503,849
497,449
493,263
501,761
497,039
492,615
487,125
471,036
465,539
465,839
464,636
445,519
513,918
506,117
416,390
413,930
403,940
383,819
377,645
376,579
369,563
369,563376,579377,645383,819403,940413,930416,390506,117513,918445,519464,636465,839465,539471,036487,125492,615497,039501,761493,263497,449503,849522,710545,489549,932556,1110000
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
27
0
027000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,951
1,940
0
1,919
0
0
0
1,877
0
01,8770001,91901,9401,95100000000000000000000
       Other Assets 
0
0
0
0
5,433
5,433
5,433
5,433
194
194
194
5,147
5,147
5,147
5,147
9,873
9,873
9,873
26,873
24,034
36,951
38,245
0
0
0
0
0
0
0
000000038,24536,95124,03426,8739,8739,8739,8735,1475,1475,1475,1471941941945,4335,4335,4335,4330000
> Total Liabilities 
247,000
243,000
244,000
209,000
395,834
402,362
388,172
364,506
361,284
334,522
332,582
311,564
303,466
287,718
297,879
312,401
279,254
279,107
260,637
244,879
329,612
333,468
342,820
335,941
335,274
339,567
346,775
324,554
310,316
310,316324,554346,775339,567335,274335,941342,820333,468329,612244,879260,637279,107279,254312,401297,879287,718303,466311,564332,582334,522361,284364,506388,172402,362395,834209,000244,000243,000247,000
   > Total Current Liabilities 
190,000
185,000
185,000
149,000
254,029
269,514
264,996
252,543
250,623
231,294
224,009
196,689
191,943
179,292
192,343
212,330
183,364
181,356
167,770
149,840
242,583
217,065
218,493
196,311
200,949
219,083
235,760
227,300
224,662
224,662227,300235,760219,083200,949196,311218,493217,065242,583149,840167,770181,356183,364212,330192,343179,292191,943196,689224,009231,294250,623252,543264,996269,514254,029149,000185,000185,000190,000
       Short-term Debt 
137,000
136,000
127,000
100,000
0
0
0
112,056
108,258
106,234
107,704
101,185
98,925
88,248
97,866
104,469
78,499
76,569
79,072
79,940
81,767
103,744
0
0
0
0
0
0
0
0000000103,74481,76779,94079,07276,56978,499104,46997,86688,24898,925101,185107,704106,234108,258112,056000100,000127,000136,000137,000
       Short Long Term Debt 
137,000
136,000
127,000
100,000
0
0
138,996
136,396
120,726
123,101
124,271
119,921
108,455
97,796
107,435
116,958
89,615
88,529
90,987
90,424
91,588
114,436
114,572
112,140
127,229
146,012
151,566
145,651
147,676
147,676145,651151,566146,012127,229112,140114,572114,43691,58890,42490,98788,52989,615116,958107,43597,796108,455119,921124,271123,101120,726136,396138,99600100,000127,000136,000137,000
       Accounts payable 
66,000
63,000
60,000
62,000
0
0
75,228
69,971
72,162
61,767
65,851
59,461
60,967
57,261
58,883
60,718
62,224
64,676
47,416
31,218
55,463
46,469
44,455
53,362
47,479
43,581
51,191
42,342
49,108
49,10842,34251,19143,58147,47953,36244,45546,46955,46331,21847,41664,67662,22460,71858,88357,26160,96759,46165,85161,76772,16269,97175,2280062,00060,00063,00066,000
       Other Current Liabilities 
27,000
29,000
36,000
30,000
0
0
0
0
0
0
0
0
0
0
0
0
31,525
0
26,591
31,498
91,850
52,336
0
0
0
0
0
0
0
000000052,33691,85031,49826,591031,52500000000000030,00036,00029,00027,000
   > Long-term Liabilities 
0
0
0
0
0
0
123,176
111,652
110,661
103,228
108,573
114,875
111,523
108,426
105,536
100,071
95,890
97,751
92,867
83,244
87,029
116,403
124,327
139,630
134,325
120,484
111,015
97,254
85,654
85,65497,254111,015120,484134,325139,630124,327116,40387,02983,24492,86797,75195,890100,071105,536108,426111,523114,875108,573103,228110,661111,652123,176000000
       Long term Debt Total 
0
0
0
0
126,036
116,866
106,914
97,642
96,474
0
87,496
93,782
91,097
88,721
86,363
81,873
79,791
81,514
77,731
74,360
76,213
105,472
0
0
0
0
0
0
0
0000000105,47276,21374,36077,73181,51479,79181,87386,36388,72191,09793,78287,496096,47497,642106,914116,866126,0360000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15,136
8,884
10,816
10,931
0
0
0
0
0
0
0
000000010,93110,8168,88415,136000000000000000000
> Total Stockholder Equity
0
0
0
0
334,082
337,804
340,010
340,539
313,318
301,106
309,157
335,000
341,438
342,639
334,393
423,313
424,490
422,668
416,922
391,605
400,386
389,060
343,166
326,482
323,587
319,220
320,890
329,046
330,584
330,584329,046320,890319,220323,587326,482343,166389,060400,386391,605416,922422,668424,490423,313334,393342,639341,438335,000309,157301,106313,318340,539340,010337,804334,0820000
   Retained Earnings 
68,000
74,000
76,000
108,000
118,259
121,981
124,187
124,673
97,495
85,283
93,334
119,134
125,615
126,816
118,570
146,682
147,859
146,037
140,291
114,777
123,774
112,448
66,554
49,894
46,999
42,632
44,302
52,458
53,996
53,99652,45844,30242,63246,99949,89466,554112,448123,774114,777140,291146,037147,859146,682118,570126,816125,615119,13493,33485,28397,495124,673124,187121,981118,259108,00076,00074,00068,000
   Accumulated Other Comprehensive Income 00000000000000000000000000000
   Capital Surplus 00000000000000000000000000000
   Treasury Stock00000000000000000000000000000



6.3. Balance Sheets

Currency in MYR. All numbers in thousands.




6.4. Cash Flows

Currency in MYR. All numbers in thousands.




6.5. Income Statements

Currency in MYR. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2024-12-31. Currency in MYR. All numbers in thousands.

Gross Profit (+$)
totalRevenue407,998
Cost of Revenue-378,384
Gross Profit29,61429,614
 
Operating Income (+$)
Gross Profit29,614
Operating Expense-401,637
Operating Income6,361-372,023
 
Operating Expense (+$)
Research Development-
Selling General Administrative23,253
Selling And Marketing Expenses-
Operating Expense401,63723,253
 
Net Interest Income (+$)
Interest Income-
Interest Expense-15,088
Other Finance Cost-0
Net Interest Income-15,088
 
Pretax Income (+$)
Operating Income6,361
Net Interest Income-15,088
Other Non-Operating Income Expenses-
Income Before Tax (EBT)2,9086,361
EBIT - interestExpense = -15,088
1,536
16,624
Interest Expense15,088
Earnings Before Interest and Taxes (EBIT)-17,996
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax2,908
Tax Provision-1,372
Net Income From Continuing Ops1,5361,536
Net Income1,536
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-15,088
 

Technical Analysis of Mieco
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 Mieco. The general trend of Mieco is BEARISH with 85.7% 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 Mieco'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 (-85.7%) Bearish trend (85.7%)
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. Mieco 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 Mieco Chipboard 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: 0.67 < 0.69 < 0.69.

The bearish price targets are: 0.65 > 0.65 > 0.65.

Know someone who trades $5001? Share this with them.👇

Mieco Chipboard Bhd Daily Support & Resistance Chart
3rd party ad coffee SUPPORTERis ad-free.

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 Mieco Chipboard Bhd. The current mas is .

The long score for the Moving Averages is 1/14.
The longshort score for the Moving Averages is -12/(-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 lower 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 lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher 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

Mieco Chipboard 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 Mieco Chipboard Bhd. The current macd is -0.00348537.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-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 Mieco price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Mieco. 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 Mieco 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
Mieco Chipboard Bhd Daily Moving Average Convergence/Divergence (MACD) ChartMieco Chipboard 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 Mieco Chipboard Bhd. The current adx is 80.23.

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 Mieco 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.
Mieco Chipboard 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 Mieco Chipboard Bhd. The current sar is 0.67954276.

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
Mieco Chipboard Bhd Daily Parabolic SAR Chart
3rd party ad coffee SUPPORTERis ad-free.

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 Mieco Chipboard Bhd. The current rsi is 38.18. 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.
Mieco Chipboard Bhd Daily Relative Strength Index (RSI) ChartMieco Chipboard 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 Mieco Chipboard 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 Mieco price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Mieco Chipboard Bhd Daily Stochastic Oscillator ChartMieco Chipboard 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 Mieco Chipboard Bhd. The current cci is -99.48320413.

Mieco Chipboard Bhd Daily Commodity Channel Index (CCI) ChartMieco Chipboard 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 Mieco Chipboard Bhd. The current cmo is -29.88050922.

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
Mieco Chipboard Bhd Daily Chande Momentum Oscillator (CMO) ChartMieco Chipboard 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 Mieco Chipboard Bhd. The current willr is -20.

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 Mieco is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Mieco Chipboard Bhd Daily Williams %R ChartMieco Chipboard Bhd Daily Williams %R Chart
3rd party ad coffee SUPPORTERis ad-free.

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 Mieco Chipboard Bhd.

Mieco Chipboard 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 Mieco Chipboard Bhd. The current atr is 0.01026162.

Mieco Chipboard Bhd Daily Average True Range (ATR) ChartMieco Chipboard Bhd Daily Average True Range (ATR) Chart
3rd party ad coffee SUPPORTERis ad-free.

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 Mieco Chipboard Bhd. The current obv is 9,917,800.

Mieco Chipboard Bhd Daily On-Balance Volume (OBV) ChartMieco Chipboard 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 Mieco Chipboard Bhd. The current mfi is 8.75490618.

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
Mieco Chipboard Bhd Daily Money Flow Index (MFI) ChartMieco Chipboard Bhd Daily Money Flow Index (MFI) Chart
3rd party ad coffee SUPPORTERis ad-free.

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Mieco Chipboard 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
2025-02-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-02-19CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-20MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-02-26MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-02-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-03-03STOCH 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
2025-03-04STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-07CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-03-11STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-03-12WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-24MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-03-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-26RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-28WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-03STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-04-04MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-04-07CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-04-08STOCH 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).
2025-04-09SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-04-10MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
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
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-04-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-04-16STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-21STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-22STOCH 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
2025-04-23STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-04-28MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-04-29MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-04-30MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-05-02SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-05-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-05-07MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-05-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-05-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-15STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-16STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-20STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-26STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-28STOCH 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
2025-05-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-04STOCH 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
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-06-05STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-06-10STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-18CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-06-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Mieco Chipboard Bhd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5038.185
Ma 20Greater thanMa 500.672
Ma 50Greater thanMa 1000.681
Ma 100Greater thanMa 2000.686
OpenGreater thanClose0.650
Total1/5 (20.0%)
Penke
Good job! You gained 25 XP and 0   0   10 . What's next:
  • Share my analysis of Mieco with someone you think should read this too:
  • Are you bullish or bearish on Mieco? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Mieco? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Mieco Chipboard Bhd

I send you an email if I find something interesting about Mieco Chipboard Bhd.


Comments

How you think about this?

Leave a comment

Stay informed about Mieco Chipboard Bhd.

Receive notifications about Mieco Chipboard Bhd in your mailbox!

3rd party ad coffee SUPPORTERis ad-free.