10 XP 0   0   5  
0coffee
Main menu
3rd party ad coffee SUPPORTERis ad-free.

5009 (White Horse Bhd) Stock Analysis
Buy, Hold or Sell?

Let's analyze White Horse Bhd together

I guess you are interested in White Horse 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) – White Horse Bhd’s Financial Insights
  • 📈 Technical Analysis (TA) – White Horse Bhd’s Price Targets

I'm going to help you getting a better view of White Horse 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 White Horse Bhd

I send you an email if I find something interesting about White Horse Bhd.

1. Quick Overview

1.1. Quick analysis of White Horse Bhd (30 sec.)










1.2. What can you expect buying and holding a share of White Horse 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?
10.3%

What is your share worth?

Current worth
RM2.53
Expected worth in 1 year
RM2.41
How sure are you?
24.1%

+ What do you gain per year?

Total Gains per Share
RM-0.11
Return On Investment
-13.9%

For what price can you sell your share?

Current Price per Share
RM0.82
Expected price per share
RM0.8 - RM0.825
How sure are you?
50%
3rd party ad coffee SUPPORTERis ad-free.

2. Detailed Analysis

2.1. Valuation of White Horse Bhd (5 min.)




Live pricePrice per Share (EOD)
RM0.82
Intrinsic Value Per Share
RM1.98 - RM2.40
Total Value Per Share
RM4.51 - RM4.92

2.2. Growth of White Horse Bhd (5 min.)




Is White Horse Bhd growing?

Current yearPrevious yearGrowGrow %
How rich?$132.1m$136.2m-$1m-0.8%

How much money is White Horse Bhd making?

Current yearPrevious yearGrowGrow %
Making money-$988.4k-$79.3k-$909.1k-92.0%
Net Profit Margin-4.2%-1.1%--

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

2.3. Financial Health of White Horse Bhd (5 min.)




2.4. Comparing to competitors in the Building Materials industry (5 min.)




  Industry Rankings (Building Materials)  

3rd party ad coffee SUPPORTERis ad-free.

3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of White Horse Bhd?

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

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

Speculation

The Price per Share of White Horse Bhd is RM0.815. 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 White Horse 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 White Horse 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 RM2.53. Based on the TTM, the Book Value Change Per Share is RM-0.03 per quarter. Based on the YOY, the Book Value Change Per Share is RM0.00 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 White Horse Bhd.

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 Eps-0.01-1.1%0.00-0.5%0.000.0%0.00-0.4%0.00-0.3%0.00-0.4%
Usd Book Value Change Per Share-0.01-1.1%-0.01-0.8%0.000.1%0.00-0.6%0.00-0.3%-0.01-0.8%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.2%0.000.1%0.000.1%
Usd Total Gains Per Share-0.01-1.1%-0.01-0.8%0.000.1%0.00-0.4%0.00-0.2%-0.01-0.7%
Usd Price Per Share0.18-0.17-0.16-0.16-0.16-0.21-
Price to Earnings Ratio-4.78--13.79--6.47--10.73--7.46--5.25-
Price-to-Total Gains Ratio-19.11--45.32--26.32--22.65--19.11--251.72-
Price to Book Ratio0.29-0.28-0.25-0.25-0.25-0.31-
Price-to-Total Gains Ratio-19.11--45.32--26.32--22.65--19.11--251.72-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.193318
Number of shares5172
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.010.00
Usd Total Gains Per Share-0.010.00
Gains per Quarter (5172 shares)-34.81-7.00
Gains per Year (5172 shares)-139.23-27.98
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-139-14922-50-38
20-278-28844-100-66
30-418-42766-150-94
40-557-56688-200-122
50-696-705110-250-150
60-835-844132-300-178
70-975-983155-350-206
80-1114-1122177-401-234
90-1253-1261199-451-262
100-1392-1400221-501-290

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 Share0.04.00.00.0%1.011.00.08.3%3.017.00.015.0%6.023.00.020.7%8.023.00.025.8%
Book Value Change Per Share0.04.00.00.0%2.010.00.016.7%4.016.00.020.0%6.023.00.020.7%8.023.00.025.8%
Dividend per Share0.00.04.00.0%3.00.09.025.0%3.00.017.015.0%3.00.026.010.3%3.00.028.09.7%
Total Gains per Share0.04.00.00.0%3.09.00.025.0%5.015.00.025.0%7.022.00.024.1%9.022.00.029.0%
3rd party ad coffee SUPPORTERis ad-free.

3.2. Key Performance Indicators

The key performance indicators of White Horse 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---0.039-0.028-27%0.004-1132%-0.020-49%-0.010-74%-0.027-30%
Book Value Per Share--2.5262.585-2%2.605-3%2.627-4%2.617-3%2.772-9%
Current Ratio--3.3193.397-2%3.315+0%3.258+2%2.967+12%2.714+22%
Debt To Asset Ratio--0.2150.208+3%0.203+6%0.204+5%0.231-7%0.265-19%
Debt To Equity Ratio--0.2740.263+4%0.255+7%0.257+7%0.305-10%0.286-4%
Dividend Per Share----0%-0%0.008-100%0.005-100%0.003-100%
Enterprise Value--11545870.0009946692.500+16%29317187.500-61%58274904.167-80%59016445.700-80%47683554.429-76%
Eps---0.039-0.019-52%-0.002-96%-0.014-63%-0.010-74%-0.015-63%
Ev To Sales Ratio--0.0320.024+33%0.078-59%0.151-79%0.153-79%0.116-72%
Free Cash Flow Per Share---0.0250.017-245%0.014-285%-0.004-86%0.009-392%0.008-399%
Free Cash Flow To Equity Per Share---0.0250.017-245%-0.004-84%-0.008-69%-0.049+95%-0.051+100%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--2.396----------
Intrinsic Value_10Y_min--1.983----------
Intrinsic Value_1Y_max--0.022----------
Intrinsic Value_1Y_min--0.022----------
Intrinsic Value_3Y_max--0.233----------
Intrinsic Value_3Y_min--0.219----------
Intrinsic Value_5Y_max--0.644----------
Intrinsic Value_5Y_min--0.584----------
Market Cap179728690.000+9%164291870.000159605692.500+3%144720187.500+14%146557904.167+12%147433195.700+11%202842776.690-19%
Net Profit Margin---0.096-0.042-56%-0.011-88%-0.043-55%-0.056-41%-0.056-41%
Operating Margin----0%-0.0270%-0.0090%-0.0140%-0.0080%
Operating Ratio--1.9851.860+7%1.842+8%1.884+5%1.944+2%1.848+7%
Pb Ratio0.323+9%0.2950.280+5%0.252+17%0.253+16%0.254+16%0.314-6%
Pe Ratio-5.227-9%-4.778-13.791+189%-6.466+35%-10.725+124%-7.461+56%-5.254+10%
Price Per Share0.815+9%0.7450.724+3%0.656+14%0.665+12%0.663+12%0.904-18%
Price To Free Cash Flow Ratio-8.061-9%-7.369224.343-103%-1.357-82%74.061-110%38.827-119%28.136-126%
Price To Total Gains Ratio-20.908-9%-19.113-45.319+137%-26.325+38%-22.652+19%-19.1090%-251.716+1217%
Quick Ratio--1.4261.452-2%1.669-15%1.657-14%1.486-4%1.224+17%
Return On Assets---0.012-0.006-52%-0.001-93%-0.005-56%-0.003-72%-0.005-62%
Return On Equity---0.015-0.007-52%-0.001-95%-0.007-57%-0.005-68%-0.008-49%
Total Gains Per Share---0.039-0.028-27%0.004-1132%-0.013-68%-0.006-85%-0.024-38%
Usd Book Value--132128702.000135215978.600-2%136287707.500-3%137424528.033-4%138001264.020-4%147254741.517-10%
Usd Book Value Change Per Share---0.009-0.007-27%0.001-1132%-0.005-49%-0.002-74%-0.006-30%
Usd Book Value Per Share--0.5990.613-2%0.618-3%0.623-4%0.621-3%0.657-9%
Usd Dividend Per Share----0%-0%0.002-100%0.001-100%0.001-100%
Usd Enterprise Value--2738680.3642359355.461+16%6954036.875-61%13822807.268-80%13998700.920-80%11310539.110-76%
Usd Eps---0.009-0.004-52%0.000-96%-0.003-63%-0.002-74%-0.003-63%
Usd Free Cash Flow---1322152.800911025.900-245%716106.800-285%-189404.200-86%490873.540-369%346451.048-482%
Usd Free Cash Flow Per Share---0.0060.004-245%0.003-285%-0.001-86%0.002-392%0.002-399%
Usd Free Cash Flow To Equity Per Share---0.0060.004-245%-0.001-84%-0.002-69%-0.012+95%-0.012+100%
Usd Market Cap42631645.268+9%38970031.56437858470.261+3%34327628.475+14%34763534.868+12%34971154.020+11%48114306.631-19%
Usd Price Per Share0.193+9%0.1770.172+3%0.156+14%0.158+12%0.157+12%0.214-18%
Usd Profit---2038971.200-988471.700-52%-79343.400-96%-889163.967-56%-640748.360-69%-852284.138-58%
Usd Revenue--21277551.60025003785.700-15%26359798.800-19%24880876.567-14%24649017.520-14%27971163.834-24%
Usd Total Gains Per Share---0.009-0.007-27%0.001-1132%-0.003-68%-0.001-85%-0.006-38%
 EOD+5 -3MRQTTM+8 -27YOY+6 -293Y+6 -315Y+9 -2810Y+10 -27

3.3 Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-5.227
Price to Book Ratio (EOD)Between0-10.323
Net Profit Margin (MRQ)Greater than0-0.096
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.426
Current Ratio (MRQ)Greater than13.319
Debt to Asset Ratio (MRQ)Less than10.215
Debt to Equity Ratio (MRQ)Less than10.274
Return on Equity (MRQ)Greater than0.15-0.015
Return on Assets (MRQ)Greater than0.05-0.012
Total5/10 (50.0%)

3.4 Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5062.970
Ma 20Greater thanMa 500.789
Ma 50Greater thanMa 1000.786
Ma 100Greater thanMa 2000.762
OpenGreater thanClose0.815
Total4/5 (80.0%)

4. In-depth Analysis

4.1 About White Horse Bhd

White Horse Berhad, an investment holding company, engages in the manufacture and distribution of ceramic and homogeneous tiles in Malaysia, Vietnam, Indonesia, the Philippines, Singapore, Thailand, and China. The company offers ceramic floor and wall, ceramic wall, décor, glazed polished, polished porcelain, and porcelain tiles, as well as related support services activities incidental to transportation. It also distributes ceramic, building materials, and hardware products. White Horse Berhad was incorporated in 1997 and is based in Pasir Gudang, Malaysia.

Fundamental data was last updated by Penke on 2025-06-28 04:51:04.

4.2 In-depth Summary

4.2.1. Financial Health Summary

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 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.

4.2.2. Valuation Summary

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.
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 White Horse Bhd earns for each RM1 of revenue.

  • Above 10% is considered healthy but always compare White Horse Bhd to the Building Materials industry mean.
  • A Net Profit Margin of -9.6% means that RM-0.10 for each RM1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of White Horse Bhd:

  • The MRQ is -9.6%. The company is making a loss. -1
  • The TTM is -4.2%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-9.6%TTM-4.2%-5.4%
TTM-4.2%YOY-1.1%-3.1%
TTM-4.2%5Y-5.6%+1.4%
5Y-5.6%10Y-5.6%0.0%
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ-9.6%3.4%-13.0%
TTM-4.2%3.9%-8.1%
YOY-1.1%5.1%-6.2%
3Y-4.3%4.8%-9.1%
5Y-5.6%6.2%-11.8%
10Y-5.6%5.7%-11.3%
4.3.1.2. Return on Assets

Shows how efficient White Horse Bhd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare White Horse Bhd to the Building Materials industry mean.
  • -1.2% Return on Assets means that White Horse Bhd generated RM-0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of White Horse Bhd:

  • The MRQ is -1.2%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -0.6%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.2%TTM-0.6%-0.6%
TTM-0.6%YOY-0.1%-0.5%
TTM-0.6%5Y-0.3%-0.2%
5Y-0.3%10Y-0.5%+0.1%
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.2%0.7%-1.9%
TTM-0.6%1.0%-1.6%
YOY-0.1%1.3%-1.4%
3Y-0.5%1.4%-1.9%
5Y-0.3%1.6%-1.9%
10Y-0.5%1.8%-2.3%
4.3.1.3. Return on Equity

Shows how efficient White Horse Bhd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare White Horse Bhd to the Building Materials industry mean.
  • -1.5% Return on Equity means White Horse Bhd generated RM-0.02 for each RM1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of White Horse Bhd:

  • The MRQ is -1.5%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -0.7%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.5%TTM-0.7%-0.8%
TTM-0.7%YOY-0.1%-0.7%
TTM-0.7%5Y-0.5%-0.2%
5Y-0.5%10Y-0.8%+0.3%
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.5%1.3%-2.8%
TTM-0.7%1.7%-2.4%
YOY-0.1%2.4%-2.5%
3Y-0.7%2.4%-3.1%
5Y-0.5%2.7%-3.2%
10Y-0.8%3.3%-4.1%
3rd party ad coffee SUPPORTERis ad-free.

4.3.2. Operating Efficiency of White Horse Bhd.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient White Horse Bhd is operating .

  • Measures how much profit White Horse 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 White Horse Bhd to the Building Materials 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 White Horse Bhd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-2.7%+2.7%
TTM-5Y-1.4%+1.4%
5Y-1.4%10Y-0.8%-0.5%
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.9%-7.9%
TTM-7.6%-7.6%
YOY-2.7%6.6%-9.3%
3Y-0.9%5.6%-6.5%
5Y-1.4%8.7%-10.1%
10Y-0.8%8.8%-9.6%
4.3.2.2. Operating Ratio

Measures how efficient White Horse Bhd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Building Materials industry mean).
  • An Operation Ratio of 1.99 means that the operating costs are RM1.99 for each RM1 in net sales.

Let's take a look of the Operating Ratio trends of White Horse Bhd:

  • The MRQ is 1.985. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.860. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.985TTM1.860+0.125
TTM1.860YOY1.842+0.018
TTM1.8605Y1.944-0.084
5Y1.94410Y1.848+0.096
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9851.617+0.368
TTM1.8601.469+0.391
YOY1.8421.039+0.803
3Y1.8841.226+0.658
5Y1.9441.088+0.856
10Y1.8481.044+0.804
3rd party ad coffee SUPPORTERis ad-free.

4.4.3. Liquidity of White Horse Bhd.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if White Horse Bhd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Building Materials industry mean).
  • A Current Ratio of 3.32 means the company has RM3.32 in assets for each RM1 in short-term debts.

Let's take a look of the Current Ratio trends of White Horse Bhd:

  • The MRQ is 3.319. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.397. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.319TTM3.397-0.078
TTM3.397YOY3.315+0.083
TTM3.3975Y2.967+0.430
5Y2.96710Y2.714+0.254
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ3.3191.393+1.926
TTM3.3971.418+1.979
YOY3.3151.477+1.838
3Y3.2581.511+1.747
5Y2.9671.525+1.442
10Y2.7141.462+1.252
4.4.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare White Horse Bhd to the Building Materials industry mean.
  • A Quick Ratio of 1.43 means the company can pay off RM1.43 for each RM1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of White Horse Bhd:

  • The MRQ is 1.426. The company is able to pay all its short-term debts with the most liquid assets. +1
  • The TTM is 1.452. The company is able to pay all its short-term debts with the most liquid assets. +1
Trends
Current periodCompared to+/- 
MRQ1.426TTM1.452-0.026
TTM1.452YOY1.669-0.217
TTM1.4525Y1.486-0.035
5Y1.48610Y1.224+0.263
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4260.579+0.847
TTM1.4520.591+0.861
YOY1.6690.746+0.923
3Y1.6570.711+0.946
5Y1.4860.790+0.696
10Y1.2240.846+0.378
3rd party ad coffee SUPPORTERis ad-free.

4.5.4. Solvency of White Horse Bhd.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of White Horse Bhd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare White Horse Bhd to Building Materials industry mean.
  • A Debt to Asset Ratio of 0.22 means that White Horse Bhd assets are financed with 21.5% credit (debt) and the remaining percentage (100% - 21.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of White Horse Bhd:

  • The MRQ is 0.215. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.208. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.215TTM0.208+0.007
TTM0.208YOY0.203+0.005
TTM0.2085Y0.231-0.023
5Y0.23110Y0.265-0.034
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2150.425-0.210
TTM0.2080.429-0.221
YOY0.2030.433-0.230
3Y0.2040.426-0.222
5Y0.2310.443-0.212
10Y0.2650.454-0.189
4.5.4.2. Debt to Equity Ratio

Measures if White Horse Bhd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare White Horse Bhd to the Building Materials industry mean.
  • A Debt to Equity ratio of 27.4% means that company has RM0.27 debt for each RM1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of White Horse Bhd:

  • The MRQ is 0.274. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.263. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.274TTM0.263+0.012
TTM0.263YOY0.255+0.007
TTM0.2635Y0.305-0.042
5Y0.30510Y0.286+0.019
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2740.810-0.536
TTM0.2630.801-0.538
YOY0.2550.796-0.541
3Y0.2570.848-0.591
5Y0.3050.895-0.590
10Y0.2860.996-0.710
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 White Horse Bhd generates.

  • Above 15 is considered overpriced but always compare White Horse Bhd to the Building Materials industry mean.
  • A PE ratio of -4.78 means the investor is paying RM-4.78 for every RM1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of White Horse Bhd:

  • The EOD is -5.227. Based on the earnings, the company is expensive. -2
  • The MRQ is -4.778. Based on the earnings, the company is expensive. -2
  • The TTM is -13.791. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-5.227MRQ-4.778-0.449
MRQ-4.778TTM-13.791+9.013
TTM-13.791YOY-6.466-7.325
TTM-13.7915Y-7.461-6.329
5Y-7.46110Y-5.254-2.207
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
EOD-5.22713.707-18.934
MRQ-4.77813.420-18.198
TTM-13.79114.227-28.018
YOY-6.46612.146-18.612
3Y-10.72512.845-23.570
5Y-7.46116.045-23.506
10Y-5.25418.418-23.672
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 White Horse Bhd:

  • The EOD is -8.061. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -7.369. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 224.343. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-8.061MRQ-7.369-0.692
MRQ-7.369TTM224.343-231.711
TTM224.343YOY-1.357+225.700
TTM224.3435Y38.827+185.515
5Y38.82710Y28.136+10.691
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
EOD-8.0614.504-12.565
MRQ-7.3693.854-11.223
TTM224.3435.625+218.718
YOY-1.3576.790-8.147
3Y74.0614.880+69.181
5Y38.8274.320+34.507
10Y28.1364.217+23.919
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 White Horse Bhd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Building Materials industry mean).
  • A PB ratio of 0.29 means the investor is paying RM0.29 for each RM1 in book value.

Let's take a look of the Price to Book Ratio trends of White Horse Bhd:

  • The EOD is 0.323. Based on the equity, the company is cheap. +2
  • The MRQ is 0.295. Based on the equity, the company is cheap. +2
  • The TTM is 0.280. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.323MRQ0.295+0.028
MRQ0.295TTM0.280+0.015
TTM0.280YOY0.252+0.029
TTM0.2805Y0.254+0.026
5Y0.25410Y0.314-0.060
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
EOD0.3231.166-0.843
MRQ0.2951.079-0.784
TTM0.2801.093-0.813
YOY0.2521.115-0.863
3Y0.2531.142-0.889
5Y0.2541.298-1.044
10Y0.3141.507-1.193
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 Assets709,781
Total Liabilities152,746
Total Stockholder Equity557,035
 As reported
Total Liabilities 152,746
Total Stockholder Equity+ 557,035
Total Assets = 709,781

Assets

Total Assets709,781
Total Current Assets441,731
Long-term Assets268,050
Total Current Assets
Cash And Cash Equivalents 46,086
Short-term Investments 95,109
Net Receivables 94,695
Inventory 168,269
Other Current Assets 26,701
Total Current Assets  (as reported)441,731
Total Current Assets  (calculated)430,860
+/- 10,871
Long-term Assets
Property Plant Equipment 267,373
Goodwill 677
Long-term Assets  (as reported)268,050
Long-term Assets  (calculated)268,050
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities133,086
Long-term Liabilities19,660
Total Stockholder Equity557,035
Total Current Liabilities
Short Long Term Debt 59,250
Accounts payable 30,961
Total Current Liabilities  (as reported)133,086
Total Current Liabilities  (calculated)90,211
+/- 42,875
Long-term Liabilities
Long term Debt 12,741
Capital Lease Obligations Min Short Term Debt7,260
Long-term Liabilities  (as reported)19,660
Long-term Liabilities  (calculated)20,001
+/- 341
Total Stockholder Equity
Retained Earnings 315,214
Total Stockholder Equity (as reported)557,035
Total Stockholder Equity (calculated)315,214
+/- 241,821
Other
Capital Stock246,936
Common Stock Shares Outstanding 220,526
Net Debt 25,905
Net Invested Capital 629,026
Net Working Capital 308,645
Property Plant and Equipment Gross 267,373



6.2. Balance Sheets Structured

Currency in MYR. All numbers in thousands.

 Trend2025-03-312024-12-312024-09-302024-06-302024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312016-03-312015-12-312015-09-302015-06-302015-03-312014-12-31
> Total Assets 
1,197,000
1,208,000
1,234,000
1,193,000
1,273,000
1,239,000
1,007,962
983,704
958,691
946,849
886,744
849,559
854,488
851,273
825,199
766,396
789,765
756,527
748,511
752,233
747,942
763,502
710,592
691,309
715,947
748,837
729,138
728,749
720,520
719,788
709,781
709,781719,788720,520728,749729,138748,837715,947691,309710,592763,502747,942752,233748,511756,527789,765766,396825,199851,273854,488849,559886,744946,849958,691983,7041,007,9621,239,0001,273,0001,193,0001,234,0001,208,0001,197,000
   > Total Current Assets 
672,000
690,000
709,000
673,000
722,000
699,000
568,436
548,950
529,979
502,327
451,241
422,281
435,040
513,671
496,891
447,615
473,941
449,930
453,876
469,517
453,449
468,024
423,397
407,540
437,110
470,411
455,190
458,132
453,195
447,475
441,731
441,731447,475453,195458,132455,190470,411437,110407,540423,397468,024453,449469,517453,876449,930473,941447,615496,891513,671435,040422,281451,241502,327529,979548,950568,436699,000722,000673,000709,000690,000672,000
       Cash And Cash Equivalents 
124,000
113,000
136,000
131,000
144,000
134,000
0
0
62,902
91,421
74,838
84,863
92,095
59,258
113,718
113,072
165,221
132,713
187,453
174,895
156,556
52,143
68,354
26,918
67,150
60,856
54,929
52,225
49,606
44,430
46,086
46,08644,43049,60652,22554,92960,85667,15026,91868,35452,143156,556174,895187,453132,713165,221113,072113,71859,25892,09584,86374,83891,42162,90200134,000144,000131,000136,000113,000124,000
       Short-term Investments 
0
1,000
1,000
1,000
0
1,000
0
0
0
0
0
0
0
49,679
0
0
0
44,900
0
0
0
86,240
63,073
98,426
83,644
110,524
105,625
106,514
103,808
111,836
95,109
95,109111,836103,808106,514105,625110,52483,64498,42663,07386,24000044,90000049,67900000001,00001,0001,0001,0000
       Net Receivables 
155,000
227,000
202,000
168,000
151,000
181,000
118,326
108,660
112,081
89,853
85,177
61,903
90,962
95,490
89,294
59,764
46,894
97,187
75,270
85,755
100,478
103,290
61,086
97,058
82,087
88,833
86,211
86,447
86,837
84,311
94,695
94,69584,31186,83786,44786,21188,83382,08797,05861,086103,290100,47885,75575,27097,18746,89459,76489,29495,49090,96261,90385,17789,853112,081108,660118,326181,000151,000168,000202,000227,000155,000
       Inventory 
367,000
349,000
370,000
374,000
410,000
383,000
364,769
350,049
325,786
297,210
265,236
251,720
233,127
227,655
204,268
191,986
173,896
157,330
155,659
171,479
196,415
226,351
201,885
185,138
179,795
190,740
182,424
187,440
183,064
182,499
168,269
168,269182,499183,064187,440182,424190,740179,795185,138201,885226,351196,415171,479155,659157,330173,896191,986204,268227,655233,127251,720265,236297,210325,786350,049364,769383,000410,000374,000370,000349,000367,000
       Other Current Assets 
17,000
0
0
0
8,000
0
0
0
0
18,046
24,565
23,030
18,571
77,753
60,318
60,318
60,318
15,012
0
0
0
18,568
0
0
0
469
17,687
17,421
19,651
109
26,701
26,70110919,65117,42117,68746900018,56800015,01260,31860,31860,31877,75318,57123,03024,56518,04600008,00000017,000
   > Long-term Assets 
0
0
0
0
0
0
0
0
428,712
444,522
435,503
427,278
419,448
337,602
328,308
318,781
315,824
306,597
294,635
282,716
294,493
294,513
287,195
283,769
278,837
278,426
273,948
270,617
267,325
272,313
268,050
268,050272,313267,325270,617273,948278,426278,837283,769287,195294,513294,493282,716294,635306,597315,824318,781328,308337,602419,448427,278435,503444,522428,71200000000
       Property Plant Equipment 
0
0
0
0
0
0
426,344
422,203
416,819
442,868
433,849
425,624
417,794
336,058
326,764
317,237
314,280
300,020
293,156
281,237
293,014
293,534
286,216
282,790
277,858
290,678
272,700
269,369
266,077
271,636
267,373
267,373271,636266,077269,369272,700290,678277,858282,790286,216293,534293,014281,237293,156300,020314,280317,237326,764336,058417,794425,624433,849442,868416,819422,203426,344000000
       Goodwill 
1,000
1,000
1,000
1,000
1,000
1,000
677
677
677
677
677
677
677
677
677
677
677
677
677
677
677
677
677
677
677
677
677
677
677
677
677
6776776776776776776776776776776776776776776776776776776776776776776776776771,0001,0001,0001,0001,0001,000
       Intangible Assets 
0
0
0
0
0
0
0
0
10,418
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000000010,41800000000
       Other Assets 
0
0
0
0
0
0
11,707
11,076
10,418
50
50
50
50
74
0
0
0
0
0
0
802
441
88
302
0
0
0
0
0
0
0
000000030288441802000000745050505010,41811,07611,707000000
> Total Liabilities 
458,000
451,000
472,000
453,000
512,000
460,000
307,594
296,177
284,749
304,873
265,094
250,261
259,939
263,776
242,913
200,611
246,345
155,861
138,492
150,820
151,374
166,355
131,860
124,356
151,922
163,603
147,075
148,177
143,556
154,157
152,746
152,746154,157143,556148,177147,075163,603151,922124,356131,860166,355151,374150,820138,492155,861246,345200,611242,913263,776259,939250,261265,094304,873284,749296,177307,594460,000512,000453,000472,000451,000458,000
   > Total Current Liabilities 
341,000
317,000
336,000
323,000
403,000
346,000
245,988
249,118
238,842
227,503
187,898
176,069
188,228
231,583
211,413
171,491
218,140
155,021
138,008
150,330
150,884
164,270
129,600
122,189
132,885
147,713
131,972
133,498
129,318
134,206
133,086
133,086134,206129,318133,498131,972147,713132,885122,189129,600164,270150,884150,330138,008155,021218,140171,491211,413231,583188,228176,069187,898227,503238,842249,118245,988346,000403,000323,000336,000317,000341,000
       Short-term Debt 
214,000
210,000
205,000
228,000
250,000
231,000
0
0
0
150,611
0
0
0
111,427
0
0
82,427
69,008
78,732
88,844
89,037
93,781
78,733
63,217
0
0
0
0
0
0
0
000000063,21778,73393,78189,03788,84478,73269,00882,42700111,427000150,611000231,000250,000228,000205,000210,000214,000
       Short Long Term Debt 
214,000
210,000
205,000
228,000
250,000
231,000
0
0
167,612
154,611
142,939
128,324
120,977
113,427
64,636
82,113
0
69,008
78,732
88,844
89,037
93,781
78,732
63,217
66,979
79,914
77,737
72,232
67,297
65,489
59,250
59,25065,48967,29772,23277,73779,91466,97963,21778,73293,78189,03788,84478,73269,008082,11364,636113,427120,977128,324142,939154,611167,61200231,000250,000228,000205,000210,000214,000
       Accounts payable 
51,000
38,000
53,000
42,000
53,000
51,000
0
0
21,567
24,523
18,123
16,506
26,310
31,058
27,638
13,585
10,938
35,044
34,128
39,200
36,243
38,840
26,457
28,090
34,130
33,549
31,751
35,314
36,719
35,678
30,961
30,96135,67836,71935,31431,75133,54934,13028,09026,45738,84036,24339,20034,12835,04410,93813,58527,63831,05826,31016,50618,12324,52321,5670051,00053,00042,00053,00038,00051,000
       Other Current Liabilities 
79,000
72,000
81,000
56,000
101,000
66,000
0
0
0
2,703
0
0
0
1,655
0
0
0
1,590
0
0
24,542
29,633
0
28,911
0
944
0
0
0
0
0
00000944028,911029,63324,542001,5900001,6550002,70300066,000101,00056,00081,00072,00079,000
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
45,907
77,370
77,196
74,192
71,711
32,193
73,886
29,120
28,205
840
484
490
490
2,685
2,261
2,167
19,037
15,890
15,103
14,679
14,238
19,951
19,660
19,66019,95114,23814,67915,10315,89019,0372,1672,2612,68549049048484028,20529,12073,88632,19371,71174,19277,19677,37045,90700000000
       Long term Debt Total 
0
0
0
0
0
0
6,000
4,000
3,000
29,730
27,809
0
25,114
1,230
0
0
0
270
0
0
0
1,616
1,486
1,356
0
0
0
0
0
0
0
00000001,3561,4861,6160002700001,23025,114027,80929,7303,0004,0006,000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
490
482
0
811
0
0
0
0
0
0
0
0000000811048249000000000000000000000
> Total Stockholder Equity
0
0
0
0
0
0
700,368
687,527
673,942
641,976
621,650
599,298
594,549
587,497
582,286
565,785
543,420
600,666
610,019
601,413
596,568
597,147
578,732
566,953
564,025
585,234
582,063
580,572
576,964
565,631
557,035
557,035565,631576,964580,572582,063585,234564,025566,953578,732597,147596,568601,413610,019600,666543,420565,785582,286587,497594,549599,298621,650641,976673,942687,527700,368000000
   Common Stock
247,000
247,000
247,000
247,000
247,000
247,000
246,936
246,936
246,936
246,936
246,936
246,936
246,936
246,936
246,936
246,936
246,936
246,936
246,936
246,936
246,936
246,936
246,936
246,936
0
0
0
0
0
0
0
0000000246,936246,936246,936246,936246,936246,936246,936246,936246,936246,936246,936246,936246,936246,936246,936246,936246,936246,936247,000247,000247,000247,000247,000247,000
   Retained Earnings Total Equity0000000000000000000000000000000
   Accumulated Other Comprehensive Income 0000000000000000000000000000000
   Capital Surplus 0000000000000000000000000000000
   Treasury Stock0000000000000-24,315-24,315-18,905-18,905-18,905-18,905-18,905-18,905-18,712-18,469-18,336-18,179000000
   Other Stockholders Equity 
0
0
0
0
0
0
17,908
17,908
17,908
18,148
18,148
18,148
18,148
19,130
19,130
19,130
19,130
20,970
20,970
20,970
20,970
23,276
23,275
23,275
0
0
0
0
0
0
0
000000023,27523,27523,27620,97020,97020,97020,97019,13019,13019,13019,13018,14818,14818,14818,14817,90817,90817,908000000



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 (+$)
totalRevenue438,482
Cost of Revenue-360,686
Gross Profit77,79677,796
 
Operating Income (+$)
Gross Profit77,796
Operating Expense-446,585
Operating Income-8,103-368,789
 
Operating Expense (+$)
Research Development-
Selling General Administrative85,899
Selling And Marketing Expenses-
Operating Expense446,58585,899
 
Net Interest Income (+$)
Interest Income-
Interest Expense-5,207
Other Finance Cost-0
Net Interest Income-5,207
 
Pretax Income (+$)
Operating Income-8,103
Net Interest Income-5,207
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-8,321-8,103
EBIT - interestExpense = -5,207
-10,859
-5,652
Interest Expense5,207
Earnings Before Interest and Taxes (EBIT)--3,114
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-8,321
Tax Provision-2,538
Net Income From Continuing Ops-10,859-10,859
Net Income-10,859
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-5,207
 

Technical Analysis of White Horse 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 White Horse Bhd. The general trend of White Horse Bhd is BULLISH with 100.0% 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 White Horse 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 (100.0%) Bearish trend (-100.0%)
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. White Horse Bhd 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 White Horse 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: 0.815 < 0.815 < 0.825.

The bearish price targets are: 0.81 > 0.805 > 0.8.

Know someone who trades $5009? Share this with them.👇

White Horse 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 White Horse Bhd. The current mas is .

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

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

Directionalities and relatives.

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

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

White Horse 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 White Horse Bhd. The current macd is 0.00882346.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the White Horse Bhd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for White Horse Bhd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the White Horse Bhd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
White Horse Bhd Daily Moving Average Convergence/Divergence (MACD) ChartWhite Horse 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 White Horse Bhd. The current adx is 50.78.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-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 White Horse Bhd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
White Horse 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 White Horse Bhd. The current sar is 0.75093207.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
White Horse 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 White Horse Bhd. The current rsi is 62.97. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
White Horse Bhd Daily Relative Strength Index (RSI) ChartWhite Horse 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 White Horse Bhd. The current phase is Overbought in bull market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is 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 White Horse Bhd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
White Horse Bhd Daily Stochastic Oscillator ChartWhite Horse 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 White Horse Bhd. The current cci is 148.71.

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

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
White Horse Bhd Daily Commodity Channel Index (CCI) ChartWhite Horse 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 White Horse Bhd. The current cmo is 33.72.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
White Horse Bhd Daily Chande Momentum Oscillator (CMO) ChartWhite Horse 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 White Horse Bhd. The current willr is -9.52380952.

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

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

White Horse 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 White Horse Bhd. The current atr is 0.021292.

White Horse Bhd Daily Average True Range (ATR) ChartWhite Horse 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 White Horse Bhd. The current obv is 2,821,800.

White Horse Bhd Daily On-Balance Volume (OBV) ChartWhite Horse 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 White Horse Bhd. The current mfi is 39.55.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
White Horse Bhd Daily Money Flow Index (MFI) ChartWhite Horse Bhd Daily Money Flow Index (MFI) Chart
3rd party ad coffee SUPPORTERis ad-free.

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for White Horse 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
2025-02-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-02-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-10STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-02-14STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-17CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-18CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-02-25STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-28STOCH 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).
2025-03-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-03-05CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-10CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-13MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-03-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
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
2025-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-21MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-03-24MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-03-26CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-04-02STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-03STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-04-09CCI 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).
2025-04-10STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-15STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-16STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-21STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-22STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-23ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-24STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-04-29MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-04-30SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-05RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-05-19WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-05-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-22STOCH 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
2025-05-23STOCH 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
2025-05-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-05-27STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-05-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-05-30MACD 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-03STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-06STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-13STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-16CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-17STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-18STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-19WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-06-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-06-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-06-26BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-06-30STOCH LONG EXITThe %K line crosses below the %D line.
2025-07-03STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

White Horse Bhd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5062.970
Ma 20Greater thanMa 500.789
Ma 50Greater thanMa 1000.786
Ma 100Greater thanMa 2000.762
OpenGreater thanClose0.815
Total4/5 (80.0%)
Penke
Good job! You gained 25 XP and 0   0   10 . What's next:
  • Share my analysis of White Horse Bhd with someone you think should read this too:
  • Are you bullish or bearish on White Horse Bhd? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about White Horse Bhd? 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 White Horse Bhd

I send you an email if I find something interesting about White Horse Bhd.


Comments

How you think about this?

Leave a comment

Stay informed about White Horse Bhd.

Receive notifications about White Horse Bhd in your mailbox!

3rd party ad coffee SUPPORTERis ad-free.