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HeveaBoard Bhd
Buy, Hold or Sell?

Let's analyse Heveaboard together

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

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

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

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Quick analysis of Heveaboard (30 sec.)










What can you expect buying and holding a share of Heveaboard? (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?
60.9%

What is your share worth?

Current worth
RM0.73
Expected worth in 1 year
RM0.71
How sure are you?
78.3%

+ What do you gain per year?

Total Gains per Share
RM-0.01
Return On Investment
-1.6%

For what price can you sell your share?

Current Price per Share
RM0.34
Expected price per share
RM0.325 - RM0.35
How sure are you?
50%

1. Valuation of Heveaboard (5 min.)




Live pricePrice per Share (EOD)

RM0.34

Intrinsic Value Per Share

RM-0.89 - RM-1.08

Total Value Per Share

RM-0.16 - RM-0.35

2. Growth of Heveaboard (5 min.)




Is Heveaboard growing?

Current yearPrevious yearGrowGrow %
How rich?$87.2m$89.5m-$984.8k-1.1%

How much money is Heveaboard making?

Current yearPrevious yearGrowGrow %
Making money-$96.5k$643.3k-$739.9k-766.3%
Net Profit Margin-0.9%2.2%--

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

3. Financial Health of Heveaboard (5 min.)




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




  Industry Rankings (Lumber & Wood Production)  

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

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

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

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

Speculation

The Price per Share of Heveaboard is RM0.335. 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 Heveaboard.
  • 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 Heveaboard, 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 RM0.73. 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 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 Heveaboard.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 RM% of Price per ShareRM% of Price per ShareRM% of Price per ShareRM% of Price per ShareRM% of Price per Share
Usd Eps0.000.0%0.000.1%0.000.3%0.000.2%0.000.6%
Usd Book Value Change Per Share0.00-0.7%0.00-0.2%0.000.2%0.000.3%0.012.0%
Usd Dividend Per Share0.000.0%0.000.2%0.000.4%0.000.8%0.000.7%
Usd Total Gains Per Share0.00-0.7%0.00-0.1%0.000.6%0.001.1%0.012.7%
Usd Price Per Share0.07-0.07-0.09-0.10-0.15-
Price to Earnings Ratio149.14-203.77-7.32-46.84-41.20-
Price-to-Total Gains Ratio-30.67-317.60-17.06-131.47-113.23-
Price to Book Ratio0.48-0.47-0.59-0.62-1.09-
Price-to-Total Gains Ratio-30.67-317.60-17.06-131.47-113.23-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.070819
Number of shares14120
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 (14120 shares)-3.9051.39
Gains per Year (14120 shares)-15.60205.57
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
130-45-2615749196
260-91-4231497402
390-136-58471146608
4119-182-74628194814
5149-227-907852431020
6179-273-1069422911226
7209-318-12210993401432
8239-364-13812573881638
9269-409-15414144371844
10299-455-17015714852050

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 Share4.00.00.0100.0%8.04.00.066.7%14.05.00.073.7%18.05.00.078.3%18.05.00.078.3%
Book Value Change Per Share2.02.00.050.0%5.07.00.041.7%8.011.00.042.1%12.011.00.052.2%12.011.00.052.2%
Dividend per Share1.00.03.025.0%7.00.05.058.3%14.00.05.073.7%14.00.09.060.9%14.00.09.060.9%
Total Gains per Share2.02.00.050.0%7.05.00.058.3%14.05.00.073.7%18.05.00.078.3%18.05.00.078.3%

Fundamentals of Heveaboard

About HeveaBoard Bhd

HeveaBoard Berhad, an investment holding company, manufactures, trades in, and distributes particleboards and particleboard-based products. It also manufactures, trades, distributes, and markets ready-to-assemble furniture. In addition, the company cultivates and trades in gourmet fungi; and trades in and distributes wood panel related products. Its products are used in various applications, including furniture components, dining sets, speaker boxes, door manufacturing, office system, and DIY furniture components. The company has operations in Japan, China, Korea, Malaysia, France, Hong Kong, Australia, the United Arab Emirates, the United States, India, Singapore, and internationally. HeveaBoard Berhad was incorporated in 1993 and is headquartered in Gemas, Malaysia.

Fundamental data was last updated by Penke on 2024-03-08 03:01:04.

Financial Health

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

Valuation

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

1.1. Profitability of HeveaBoard Bhd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Heveaboard to the Lumber & Wood Production industry mean.
  • A Net Profit Margin of 0.5% means that RM0.00 for each RM1 in revenue is generated as profit.

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

  • The MRQ is 0.5%. The company is not making a profit/loss.
  • The TTM is -0.9%. The company is not making a profit/loss.
Trends
Current periodCompared to+/- 
MRQ0.5%TTM-0.9%+1.4%
TTM-0.9%YOY2.2%-3.1%
TTM-0.9%5Y0.9%-1.9%
5Y0.9%10Y3.4%-2.4%
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5%2.8%-2.3%
TTM-0.9%1.1%-2.0%
YOY2.2%4.4%-2.2%
5Y0.9%1.5%-0.6%
10Y3.4%3.1%+0.3%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Heveaboard to the Lumber & Wood Production industry mean.
  • 0.1% Return on Assets means that Heveaboard generated RM0.00 profit for each $1 in assets.

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

  • The MRQ is 0.1%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is -0.1%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.1%TTM-0.1%+0.2%
TTM-0.1%YOY0.6%-0.7%
TTM-0.1%5Y0.3%-0.4%
5Y0.3%10Y1.0%-0.7%
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1%0.6%-0.5%
TTM-0.1%0.3%-0.4%
YOY0.6%1.2%-0.6%
5Y0.3%0.9%-0.6%
10Y1.0%1.3%-0.3%
1.1.3. Return on Equity

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

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

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

  • The MRQ is 0.1%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is -0.1%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.1%TTM-0.1%+0.2%
TTM-0.1%YOY0.7%-0.8%
TTM-0.1%5Y0.4%-0.5%
5Y0.4%10Y0.3%+0.1%
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1%1.2%-1.1%
TTM-0.1%0.9%-1.0%
YOY0.7%2.2%-1.5%
5Y0.4%1.6%-1.2%
10Y0.3%2.3%-2.0%

1.2. Operating Efficiency of HeveaBoard Bhd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Heveaboard is operating .

  • Measures how much profit Heveaboard 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 Heveaboard 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 HeveaBoard Bhd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.3%+0.3%
TTM-0.3%YOY-1.5%+1.1%
TTM-0.3%5Y3.5%-3.8%
5Y3.5%10Y5.9%-2.5%
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.8%-5.8%
TTM-0.3%3.1%-3.4%
YOY-1.5%7.1%-8.6%
5Y3.5%4.1%-0.6%
10Y5.9%4.3%+1.6%
1.2.2. Operating Ratio

Measures how efficient Heveaboard is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Lumber & Wood Production industry mean).
  • An Operation Ratio of 1.92 means that the operating costs are RM1.92 for each RM1 in net sales.

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

  • The MRQ is 1.924. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.949. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.924TTM1.949-0.025
TTM1.949YOY1.904+0.046
TTM1.9495Y1.922+0.027
5Y1.92210Y1.863+0.059
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9241.436+0.488
TTM1.9491.385+0.564
YOY1.9040.964+0.940
5Y1.9221.069+0.853
10Y1.8631.059+0.804

1.3. Liquidity of HeveaBoard Bhd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Heveaboard 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 4.78 means the company has RM4.78 in assets for each RM1 in short-term debts.

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

  • The MRQ is 4.781. The company is very able to pay all its short-term debts. +2
  • The TTM is 4.831. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ4.781TTM4.831-0.050
TTM4.831YOY3.849+0.982
TTM4.8315Y3.843+0.988
5Y3.84310Y3.614+0.229
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
MRQ4.7811.960+2.821
TTM4.8311.985+2.846
YOY3.8491.955+1.894
5Y3.8431.904+1.939
10Y3.6141.860+1.754
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Heveaboard to the Lumber & Wood Production industry mean.
  • A Quick Ratio of 0.40 means the company can pay off RM0.40 for each RM1 in debt (using most liquid assets).

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

  • The MRQ is 0.398. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 2.667. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ0.398TTM2.667-2.269
TTM2.667YOY2.276+0.391
TTM2.6675Y2.602+0.064
5Y2.60210Y2.306+0.296
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3980.566-0.168
TTM2.6670.622+2.045
YOY2.2760.741+1.535
5Y2.6020.671+1.931
10Y2.3060.723+1.583

1.4. Solvency of HeveaBoard Bhd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Heveaboard to Lumber & Wood Production industry mean.
  • A Debt to Asset Ratio of 0.14 means that Heveaboard assets are financed with 14.4% credit (debt) and the remaining percentage (100% - 14.4%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.144. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.139. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.144TTM0.139+0.005
TTM0.139YOY0.168-0.029
TTM0.1395Y0.163-0.024
5Y0.16310Y0.178-0.015
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1440.438-0.294
TTM0.1390.442-0.303
YOY0.1680.443-0.275
5Y0.1630.445-0.282
10Y0.1780.446-0.268
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Heveaboard to the Lumber & Wood Production industry mean.
  • A Debt to Equity ratio of 16.8% means that company has RM0.17 debt for each RM1 in shareholders equity.

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

  • The MRQ is 0.168. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.161. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.168TTM0.161+0.006
TTM0.161YOY0.203-0.041
TTM0.1615Y0.195-0.033
5Y0.19510Y0.161+0.034
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1680.738-0.570
TTM0.1610.745-0.584
YOY0.2030.795-0.592
5Y0.1950.879-0.684
10Y0.1610.892-0.731

2. Market Valuation of HeveaBoard Bhd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

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

  • Above 15 is considered overpriced but always compare Heveaboard to the Lumber & Wood Production industry mean.
  • A PE ratio of 149.14 means the investor is paying RM149.14 for every RM1 in earnings.

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

  • The EOD is 142.745. Based on the earnings, the company is expensive. -2
  • The MRQ is 149.136. Based on the earnings, the company is expensive. -2
  • The TTM is 203.774. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD142.745MRQ149.136-6.392
MRQ149.136TTM203.774-54.638
TTM203.774YOY7.317+196.457
TTM203.7745Y46.841+156.933
5Y46.84110Y41.204+5.637
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
EOD142.7454.350+138.395
MRQ149.1364.442+144.694
TTM203.7744.153+199.621
YOY7.3174.789+2.528
5Y46.8414.692+42.149
10Y41.20417.162+24.042
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -82.276. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -85.960. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -14.871. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-82.276MRQ-85.960+3.684
MRQ-85.960TTM-14.871-71.089
TTM-14.871YOY3.917-18.789
TTM-14.8715Y-2.953-11.918
5Y-2.95310Y-2.439-0.514
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
EOD-82.276-1.481-80.795
MRQ-85.960-2.398-83.562
TTM-14.871-0.732-14.139
YOY3.917-1.090+5.007
5Y-2.9530.942-3.895
10Y-2.4390.415-2.854
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Heveaboard 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 0.48 means the investor is paying RM0.48 for each RM1 in book value.

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

  • The EOD is 0.459. Based on the equity, the company is cheap. +2
  • The MRQ is 0.480. Based on the equity, the company is cheap. +2
  • The TTM is 0.469. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.459MRQ0.480-0.021
MRQ0.480TTM0.469+0.011
TTM0.469YOY0.594-0.125
TTM0.4695Y0.625-0.156
5Y0.62510Y1.087-0.462
Compared to industry (Lumber & Wood Production)
PeriodCompanyIndustry (mean)+/- 
EOD0.4590.946-0.487
MRQ0.4801.009-0.529
TTM0.4691.042-0.573
YOY0.5941.322-0.728
5Y0.6251.275-0.650
10Y1.0871.691-0.604
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.011-0.004-67%0.003-496%0.004-381%0.032-136%
Book Value Per Share--0.7290.741-2%0.749-3%0.749-3%0.721+1%
Current Ratio--4.7814.831-1%3.849+24%3.843+24%3.614+32%
Debt To Asset Ratio--0.1440.139+4%0.168-14%0.163-12%0.178-19%
Debt To Equity Ratio--0.1680.161+4%0.203-17%0.195-14%0.161+4%
Dividend Per Share---0.003-100%0.007-100%0.013-100%0.011-100%
Eps--0.0010.002-74%0.005-89%0.004-84%0.009-94%
Free Cash Flow Per Share---0.001-0.001+34%0.011-110%0.003-136%0.003-136%
Free Cash Flow To Equity Per Share---0.0010.001-192%0.001-258%-0.010+854%-0.010+854%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---1.077--------
Intrinsic Value_10Y_min---0.891--------
Intrinsic Value_1Y_max---0.008--------
Intrinsic Value_1Y_min---0.008--------
Intrinsic Value_3Y_max---0.100--------
Intrinsic Value_3Y_min---0.094--------
Intrinsic Value_5Y_max---0.284--------
Intrinsic Value_5Y_min---0.257--------
Market Cap189564783.040-4%198052758.400196638095.840+1%251810227.600-21%265367703.070-25%403245945.124-51%
Net Profit Margin--0.005-0.009+298%0.022-78%0.009-49%0.034-86%
Operating Margin----0.0030%-0.0150%0.035-100%0.059-100%
Operating Ratio--1.9241.949-1%1.904+1%1.922+0%1.863+3%
Pb Ratio0.459-4%0.4800.469+2%0.594-19%0.625-23%1.087-56%
Pe Ratio142.745-4%149.136203.774-27%7.317+1938%46.841+218%41.204+262%
Price Per Share0.335-4%0.3500.348+1%0.445-21%0.469-25%0.713-51%
Price To Free Cash Flow Ratio-82.276+4%-85.960-14.871-83%3.917-2294%-2.953-97%-2.439-97%
Price To Total Gains Ratio-29.358+4%-30.673317.597-110%17.055-280%131.470-123%113.234-127%
Quick Ratio--0.3982.667-85%2.276-83%2.602-85%2.306-83%
Return On Assets--0.001-0.001+262%0.006-88%0.003-78%0.010-93%
Return On Equity--0.001-0.001+240%0.007-89%0.004-80%0.003-75%
Total Gains Per Share---0.011-0.001-89%0.010-217%0.017-166%0.043-127%
Usd Book Value--87240763.40088608944.200-2%89593751.100-3%89598318.453-3%86295584.809+1%
Usd Book Value Change Per Share---0.002-0.001-67%0.001-496%0.001-381%0.007-136%
Usd Book Value Per Share--0.1540.157-2%0.158-3%0.158-3%0.152+1%
Usd Dividend Per Share---0.001-100%0.001-100%0.003-100%0.002-100%
Usd Eps--0.0000.000-74%0.001-89%0.001-84%0.002-94%
Usd Free Cash Flow---121766.400-163253.650+34%1280449.800-110%267988.442-145%221381.757-155%
Usd Free Cash Flow Per Share--0.0000.000+34%0.002-110%0.001-136%0.001-136%
Usd Free Cash Flow To Equity Per Share--0.0000.000-192%0.000-258%-0.002+854%-0.002+854%
Usd Market Cap40073995.135-4%41868353.12641569293.461+1%53232682.115-21%56098732.429-25%85246192.799-51%
Usd Price Per Share0.071-4%0.0740.073+1%0.094-21%0.099-25%0.151-51%
Usd Profit--70184.800-96556.950+238%643343.050-89%363174.074-81%1026126.409-93%
Usd Revenue--14639872.80016632582.050-12%22324262.800-34%20028180.642-27%21443984.009-32%
Usd Total Gains Per Share---0.0020.000-89%0.002-217%0.004-166%0.009-127%
 EOD+4 -4MRQTTM+13 -21YOY+6 -285Y+8 -2710Y+10 -25

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15142.745
Price to Book Ratio (EOD)Between0-10.459
Net Profit Margin (MRQ)Greater than00.005
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.398
Current Ratio (MRQ)Greater than14.781
Debt to Asset Ratio (MRQ)Less than10.144
Debt to Equity Ratio (MRQ)Less than10.168
Return on Equity (MRQ)Greater than0.150.001
Return on Assets (MRQ)Greater than0.050.001
Total5/10 (50.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.881
Ma 20Greater thanMa 500.330
Ma 50Greater thanMa 1000.336
Ma 100Greater thanMa 2000.341
OpenGreater thanClose0.335
Total2/5 (40.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in MYR. All numbers in thousands.

Summary
Total Assets481,927
Total Liabilities69,246
Total Stockholder Equity412,681
 As reported
Total Liabilities 69,246
Total Stockholder Equity+ 412,681
Total Assets = 481,927

Assets

Total Assets481,927
Total Current Assets237,802
Long-term Assets244,125
Total Current Assets
Cash And Cash Equivalents 114,135
Short-term Investments 3,119
Net Receivables 16,682
Inventory 96,014
Total Current Assets  (as reported)237,802
Total Current Assets  (calculated)229,950
+/- 7,852
Long-term Assets
Property Plant Equipment 239,441
Goodwill 2,946
Long-term Assets  (as reported)244,125
Long-term Assets  (calculated)242,387
+/- 1,738

Liabilities & Shareholders' Equity

Total Current Liabilities49,742
Long-term Liabilities19,504
Total Stockholder Equity412,681
Total Current Liabilities
Short Long Term Debt 2,653
Accounts payable 25,794
Total Current Liabilities  (as reported)49,742
Total Current Liabilities  (calculated)28,447
+/- 21,295
Long-term Liabilities
Long term Debt 9,232
Capital Lease Obligations Min Short Term Debt5,027
Long-term Liabilities  (as reported)19,504
Long-term Liabilities  (calculated)14,259
+/- 5,245
Total Stockholder Equity
Retained Earnings 254,080
Total Stockholder Equity (as reported)412,681
Total Stockholder Equity (calculated)254,080
+/- 158,601
Other
Capital Stock160,215
Common Stock Shares Outstanding 565,865
Net Invested Capital 424,566
Net Working Capital 188,060



Balance Sheet

Currency in MYR. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312016-03-312015-12-312015-09-302015-06-30
> Total Assets 
417,000
442,000
481,000
443,000
527,633
517,247
511,936
536,768
512,385
496,880
510,113
526,893
515,683
489,008
492,720
526,474
513,064
510,879
488,495
508,787
475,962
480,772
481,927
481,927480,772475,962508,787488,495510,879513,064526,474492,720489,008515,683526,893510,113496,880512,385536,768511,936517,247527,633443,000481,000442,000417,000
   > Total Current Assets 
171,000
194,000
239,000
205,000
232,977
228,320
228,815
256,645
237,654
227,585
245,187
265,602
256,820
236,282
245,468
283,926
276,389
276,777
256,385
277,645
241,052
245,597
237,802
237,802245,597241,052277,645256,385276,777276,389283,926245,468236,282256,820265,602245,187227,585237,654256,645228,815228,320232,977205,000239,000194,000171,000
       Cash And Cash Equivalents 
50,000
75,000
34,000
92,000
102,815
101,980
106,644
61,797
125,149
113,045
116,259
52,097
44,943
33,001
34,052
101,502
124,534
137,070
111,792
24,863
121,677
117,102
114,135
114,135117,102121,67724,863111,792137,070124,534101,50234,05233,00144,94352,097116,259113,045125,14961,797106,644101,980102,81592,00034,00075,00050,000
       Short-term Investments 
0
0
87,000
0
0
0
0
66,500
54,500
1,162
70,682
108,872
70,828
73,388
62,888
19,178
3,023
2,470
2,487
96,209
2,804
2,883
3,119
3,1192,8832,80496,2092,4872,4703,02319,17862,88873,38870,828108,87270,6821,16254,50066,500000087,00000
       Net Receivables 
58,000
61,000
49,000
53,000
31,956
30,245
35,420
35,125
20,140
18,574
31,657
31,613
32,474
21,554
34,062
23,579
33,330
22,787
36,154
51,668
14,950
31,449
16,682
16,68231,44914,95051,66836,15422,78733,33023,57934,06221,55432,47431,61331,65718,57420,14035,12535,42030,24531,95653,00049,00061,00058,000
       Inventory 
63,000
58,000
63,000
60,000
83,173
81,483
79,130
85,349
82,035
84,739
85,824
94,630
99,456
94,274
104,017
122,823
105,053
101,258
105,952
104,904
87,555
94,163
96,014
96,01494,16387,555104,904105,952101,258105,053122,823104,01794,27499,45694,63085,82484,73982,03585,34979,13081,48383,17360,00063,00058,00063,000
   > Long-term Assets 
0
0
0
0
294,656
288,927
283,121
280,123
274,731
269,295
264,926
261,291
258,863
252,726
247,252
242,548
236,675
234,102
232,110
232,807
234,910
235,175
244,125
244,125235,175234,910232,807232,110234,102236,675242,548247,252252,726258,863261,291264,926269,295274,731280,123283,121288,927294,6560000
       Property Plant Equipment 
0
0
0
0
267,043
261,452
255,784
273,100
267,708
262,272
257,903
254,018
251,508
245,346
239,810
235,084
229,211
226,638
224,588
228,123
230,226
230,491
239,441
239,441230,491230,226228,123224,588226,638229,211235,084239,810245,346251,508254,018257,903262,272267,708273,100255,784261,452267,0430000
       Goodwill 
3,000
3,000
3,000
3,000
2,946
2,946
2,946
2,946
2,946
2,946
2,946
2,946
2,946
2,946
2,946
2,946
2,946
2,946
2,946
2,946
2,946
2,946
2,946
2,9462,9462,9462,9462,9462,9462,9462,9462,9462,9462,9462,9462,9462,9462,9462,9462,9462,9462,9463,0003,0003,0003,000
       Other Assets 
0
0
0
0
24,667
24,529
24,391
4,077
4,077
4,077
4,077
4,077
4,077
4,077
4,077
4,077
4,077
4,077
4,077
1,277
1,277
1,277
0
01,2771,2771,2774,0774,0774,0774,0774,0774,0774,0774,0774,0774,0774,0774,07724,39124,52924,6670000
> Total Liabilities 
116,000
121,000
136,000
74,000
91,582
87,627
84,094
106,390
85,080
79,771
87,659
96,526
89,107
70,523
77,936
104,344
85,718
86,407
67,197
82,983
56,973
61,634
69,246
69,24661,63456,97382,98367,19786,40785,718104,34477,93670,52389,10796,52687,65979,77185,080106,39084,09487,62791,58274,000136,000121,000116,000
   > Total Current Liabilities 
78,000
87,000
108,000
59,000
72,008
69,736
68,190
87,313
66,824
62,506
71,177
80,693
73,626
55,860
63,877
90,834
72,443
73,724
54,521
70,904
45,577
46,005
49,742
49,74246,00545,57770,90454,52173,72472,44390,83463,87755,86073,62680,69371,17762,50666,82487,31368,19069,73672,00859,000108,00087,00078,000
       Short-term Debt 
64,000
62,000
61,000
13,000
2,209
2,131
2,130
2,047
0
0
0
2,047
0
0
0
0
0
0
0
0
0
0
0
000000000002,0470002,0472,1302,1312,20913,00061,00062,00064,000
       Short Long Term Debt 
64,000
62,000
61,000
13,000
2,209
2,131
2,130
2,047
1,893
1,852
1,711
2,047
2,047
2,047
2,047
2,047
2,047
2,047
2,047
2,047
2,047
2,218
2,653
2,6532,2182,0472,0472,0472,0472,0472,0472,0472,0472,0472,0471,7111,8521,8932,0472,1302,1312,20913,00061,00062,00064,000
       Accounts payable 
26,000
26,000
36,000
32,000
31,161
29,803
28,969
42,646
30,905
25,640
34,924
38,946
35,589
24,897
29,654
45,252
40,281
40,018
28,170
33,458
20,342
23,046
25,794
25,79423,04620,34233,45828,17040,01840,28145,25229,65424,89735,58938,94634,92425,64030,90542,64628,96929,80331,16132,00036,00026,00026,000
       Other Current Liabilities 
21,000
28,000
13,000
26,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
23,213
34,309
0
19,829
0
019,829034,30923,2130000000000000026,00013,00028,00021,000
   > Long-term Liabilities 
0
0
0
0
19,574
17,891
15,904
19,077
18,256
17,265
16,482
15,833
15,481
14,663
14,059
13,510
13,275
12,683
12,676
12,148
11,396
15,629
19,504
19,50415,62911,39612,14812,67612,68313,27513,51014,05914,66315,48115,83316,48217,26518,25619,07715,90417,89119,5740000
       Long term Debt Total 
0
0
0
0
12,825
11,487
9,845
12,582
12,197
0
10,418
9,769
9,417
8,599
7,995
7,450
7,215
6,623
6,616
6,088
5,336
9,569
0
09,5695,3366,0886,6166,6237,2157,4507,9958,5999,4179,76910,418012,19712,5829,84511,48712,8250000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,060
7,653
0
6,060
0
06,06007,6536,060000000000000000000
> Total Stockholder Equity
0
0
0
0
436,051
429,620
427,842
430,378
427,305
417,109
422,454
430,367
426,576
418,485
414,784
422,130
427,346
424,472
421,298
425,804
418,989
419,138
412,681
412,681419,138418,989425,804421,298424,472427,346422,130414,784418,485426,576430,367422,454417,109427,305430,378427,842429,620436,0510000
   Common Stock
119,000
123,000
127,000
130,000
158,420
158,527
158,916
159,429
160,215
160,215
160,215
160,215
160,215
160,215
160,215
160,215
160,215
160,215
160,215
160,215
160,215
160,215
0
0160,215160,215160,215160,215160,215160,215160,215160,215160,215160,215160,215160,215160,215160,215159,429158,916158,527158,420130,000127,000123,000119,000
   Retained Earnings Total Equity00000000000000000000000
   Accumulated Other Comprehensive Income 00000000000000000000000
   Capital Surplus 00000000000000000000000
   Treasury Stock0000000-1,613-1,613-1,613-1,613-1,613-1,613-1,612-1,549-1,438-1,437-1,437-1,4370000
   Other Stockholders Equity 00000000000000000000000



Balance Sheet

Currency in MYR. All numbers in thousands.




Cash Flow

Currency in MYR. All numbers in thousands.




Income Statement

Currency in MYR. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue314,713
Cost of Revenue-298,025
Gross Profit16,68816,688
 
Operating Income (+$)
Gross Profit16,688
Operating Expense-311,059
Operating Income3,654-294,371
 
Operating Expense (+$)
Research Development-
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense311,0590
 
Net Interest Income (+$)
Interest Income-
Interest Expense-457
Other Finance Cost-0
Net Interest Income-457
 
Pretax Income (+$)
Operating Income3,654
Net Interest Income-457
Other Non-Operating Income Expenses-
Income Before Tax (EBT)4,1683,654
EBIT - interestExpense = -457
-1,827
-1,370
Interest Expense457
Earnings Before Interest and Taxes (EBIT)-4,625
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax4,168
Tax Provision-5,995
Net Income From Continuing Ops-1,827-1,827
Net Income-1,827
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-457
 

Technical Analysis of Heveaboard
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 Heveaboard. The general trend of Heveaboard is BEARISH with 42.9% 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 Heveaboard'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 (-42.9%) Bearish trend (42.9%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

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

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

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.34 < 0.345 < 0.35.

The bearish price targets are: 0.325 > 0.325 > 0.325.

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HeveaBoard Bhd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

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

The long score for the Moving Averages is 4/14.
The longshort score for the Moving Averages is -6/(-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 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 up: The MA 200 is trending up. +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

HeveaBoard 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 HeveaBoard Bhd. The current macd is -0.00136405.

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 Heveaboard price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Heveaboard. 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 Heveaboard 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
HeveaBoard Bhd Daily Moving Average Convergence/Divergence (MACD) ChartHeveaBoard 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 HeveaBoard Bhd. The current adx is 14.51.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-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 Heveaboard shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
HeveaBoard 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 HeveaBoard Bhd. The current sar is 0.32.

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
HeveaBoard Bhd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of HeveaBoard Bhd. The current rsi is 53.88. The current phase is Correction in bear market.

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

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
HeveaBoard Bhd Daily Relative Strength Index (RSI) ChartHeveaBoard 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 HeveaBoard 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 Heveaboard price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
HeveaBoard Bhd Daily Stochastic Oscillator ChartHeveaBoard 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 HeveaBoard Bhd. The current cci is 95.24.

HeveaBoard Bhd Daily Commodity Channel Index (CCI) ChartHeveaBoard 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 HeveaBoard Bhd. The current cmo is 16.29.

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
HeveaBoard Bhd Daily Chande Momentum Oscillator (CMO) ChartHeveaBoard 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 HeveaBoard Bhd. The current willr is -25.

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 Heveaboard is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
HeveaBoard Bhd Daily Williams %R ChartHeveaBoard Bhd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

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

HeveaBoard 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 HeveaBoard Bhd. The current atr is 0.00716108.

HeveaBoard Bhd Daily Average True Range (ATR) ChartHeveaBoard Bhd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of HeveaBoard Bhd. The current obv is 7,528,700.

HeveaBoard Bhd Daily On-Balance Volume (OBV) ChartHeveaBoard 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 HeveaBoard Bhd. The current mfi is 37.05.

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
HeveaBoard Bhd Daily Money Flow Index (MFI) ChartHeveaBoard Bhd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for HeveaBoard Bhd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-02STOCH 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).
2023-11-03STOCH 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).
2023-11-06CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D 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).
2023-11-20MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO 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).
2023-11-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-06WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-05STOCH 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).
2024-01-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-09WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-10STOCH 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).
2024-01-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-12CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-02STOCH 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
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).
2024-02-06WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-08BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH 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).
2024-02-27WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-05CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-07MACD 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
2024-03-08CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-11MACD 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
2024-03-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-22MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26MACD 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.

6.3. Candlestick Patterns

HeveaBoard Bhd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.881
Ma 20Greater thanMa 500.330
Ma 50Greater thanMa 1000.336
Ma 100Greater thanMa 2000.341
OpenGreater thanClose0.335
Total2/5 (40.0%)
Penke

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