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Minda Global Bhd
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Let's analyse Minda Global Bhd together

PenkeI guess you are interested in Minda Global 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 Minda Global 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 Minda Global Bhd (30 sec.)










What can you expect buying and holding a share of Minda Global 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?
0.0%

What is your share worth?

Current worth
RM0.15
Expected worth in 1 year
RM0.16
How sure are you?
58.3%

+ What do you gain per year?

Total Gains per Share
RM0.01
Return On Investment
1.1%

For what price can you sell your share?

Current Price per Share
RM0.97
Expected price per share
RM0.95 - RM1.1
How sure are you?
50%

1. Valuation of Minda Global Bhd (5 min.)




Live pricePrice per Share (EOD)

RM0.97

Intrinsic Value Per Share

RM0.55 - RM0.66

Total Value Per Share

RM0.70 - RM0.81

2. Growth of Minda Global Bhd (5 min.)




Is Minda Global Bhd growing?

Current yearPrevious yearGrowGrow %
How rich?$53.3m$44.8m$6.6m12.9%

How much money is Minda Global Bhd making?

Current yearPrevious yearGrowGrow %
Making money$398.7k$346k$52.6k13.2%
Net Profit Margin4.5%5.2%--

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

3. Financial Health of Minda Global Bhd (5 min.)




4. Comparing to competitors in the Education & Training Services industry (5 min.)




  Industry Rankings (Education & Training Services)  

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

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

What can you expect buying and holding a share of Minda Global Bhd?

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

Speculation

The Price per Share of Minda Global Bhd is RM0.965. 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 Minda Global 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 Minda Global Bhd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is RM0.15. 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 Minda Global Bhd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 RM% of Price per ShareRM% of Price per ShareRM% of Price per ShareRM% of Price per ShareRM% of Price per Share
Usd Eps0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Book Value Change Per Share0.000.0%0.000.1%0.000.1%0.000.1%0.000.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.000.0%0.000.1%0.000.1%0.000.1%0.000.1%
Usd Price Per Share0.03-0.02-0.01-0.02-0.03-
Price to Earnings Ratio17.11-53.53-22.77-33.10-20.88-
Price-to-Total Gains Ratio68.48-65.57-82.49-94.62-68.51-
Price to Book Ratio0.83-0.81-0.48-0.58-1.21-
Price-to-Total Gains Ratio68.48-65.57-82.49-94.62-68.51-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.204001
Number of shares4901
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 (4901 shares)2.843.44
Gains per Year (4901 shares)11.3713.77
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
101110144
20231202818
30342304132
40453405546
50574506960
60685608374
70806709688
8091780110102
90102890124116
1001141000138130

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%12.00.00.0100.0%13.07.00.065.0%13.011.00.054.2%13.011.00.054.2%
Book Value Change Per Share3.00.01.075.0%11.00.01.091.7%13.06.01.065.0%14.09.01.058.3%14.09.01.058.3%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.024.00.0%0.00.024.00.0%
Total Gains per Share3.00.01.075.0%11.00.01.091.7%13.06.01.065.0%14.09.01.058.3%14.09.01.058.3%

Fundamentals of Minda Global Bhd

About Minda Global Bhd

Cyberjaya Education Group Berhad, an investment holding company, provides educational services in Malaysia. The company operates through Universities, Colleges, and International School segments. The company owns and operates a portfolio of learning institutions throughout Malaysia, such as the University of Cyberjaya, Cyberjaya College Kota Kinabalu, Cyberjaya College Kuching, Cyberjaya College Central, Oxbridge Language Centre, and SMR HR Group. It also provides human resource development solutions, including training, consulting, outsourcing, events, learning resources, and advisory support services. The company was formerly known as Minda Global Berhad and changed its name to Cyberjaya Education Group Berhad in July 2023. Cyberjaya Education Group Berhad is headquartered in Cyberjaya, Malaysia. Cyberjaya Education Group Berhad is a subsidiary of Special Flagship Holdings Sdn Bhd.

Fundamental data was last updated by Penke on 2024-03-08 03:23:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

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 underpriced.

1.1. Profitability of Minda Global Bhd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Minda Global Bhd earns for each RM1 of revenue.

  • Above 10% is considered healthy but always compare Minda Global Bhd to the Education & Training Services industry mean.
  • A Net Profit Margin of 7.1% means that RM0.07 for each RM1 in revenue is generated as profit.

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

  • The MRQ is 7.1%. The company is making a profit. +1
  • The TTM is 4.5%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ7.1%TTM4.5%+2.6%
TTM4.5%YOY5.2%-0.7%
TTM4.5%5Y-8.1%+12.6%
5Y-8.1%10Y-32.7%+24.6%
Compared to industry (Education & Training Services)
PeriodCompanyIndustry (mean)+/- 
MRQ7.1%4.1%+3.0%
TTM4.5%2.4%+2.1%
YOY5.2%1.8%+3.4%
5Y-8.1%0.6%-8.7%
10Y-32.7%2.4%-35.1%
1.1.2. Return on Assets

Shows how efficient Minda Global Bhd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Minda Global Bhd to the Education & Training Services industry mean.
  • 0.6% Return on Assets means that Minda Global Bhd generated RM0.01 profit for each $1 in assets.

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

  • The MRQ is 0.6%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.3%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.6%TTM0.3%+0.2%
TTM0.3%YOY0.4%0.0%
TTM0.3%5Y-0.3%+0.6%
5Y-0.3%10Y-0.7%+0.4%
Compared to industry (Education & Training Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6%0.6%0.0%
TTM0.3%0.6%-0.3%
YOY0.4%0.2%+0.2%
5Y-0.3%-0.2%-0.1%
10Y-0.7%0.6%-1.3%
1.1.3. Return on Equity

Shows how efficient Minda Global Bhd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Minda Global Bhd to the Education & Training Services industry mean.
  • 1.2% Return on Equity means Minda Global Bhd generated RM0.01 for each RM1 the owners (shareholders) invested.

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

  • The MRQ is 1.2%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.8%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.2%TTM0.8%+0.4%
TTM0.8%YOY0.8%+0.0%
TTM0.8%5Y-0.8%+1.6%
5Y-0.8%10Y-0.7%-0.1%
Compared to industry (Education & Training Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2%1.3%-0.1%
TTM0.8%1.0%-0.2%
YOY0.8%0.5%+0.3%
5Y-0.8%0.5%-1.3%
10Y-0.7%1.4%-2.1%

1.2. Operating Efficiency of Minda Global Bhd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Minda Global Bhd is operating .

  • Measures how much profit Minda Global 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 Minda Global Bhd to the Education & Training Services 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 Minda Global Bhd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY6.5%-6.5%
TTM-5Y4.0%-4.0%
5Y4.0%10Y-22.2%+26.1%
Compared to industry (Education & Training Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.8%-5.8%
TTM-3.5%-3.5%
YOY6.5%6.7%-0.2%
5Y4.0%4.1%-0.1%
10Y-22.2%6.3%-28.5%
1.2.2. Operating Ratio

Measures how efficient Minda Global Bhd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Education & Training Services industry mean).
  • An Operation Ratio of 1.22 means that the operating costs are RM1.22 for each RM1 in net sales.

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

  • The MRQ is 1.221. The company is inefficient in keeping operating costs low. -1
  • The TTM is 0.957. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ1.221TTM0.957+0.264
TTM0.957YOY1.172-0.215
TTM0.9575Y1.349-0.392
5Y1.34910Y1.740-0.391
Compared to industry (Education & Training Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2211.202+0.019
TTM0.9571.221-0.264
YOY1.1721.166+0.006
5Y1.3491.168+0.181
10Y1.7401.083+0.657

1.3. Liquidity of Minda Global Bhd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Minda Global Bhd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Education & Training Services industry mean).
  • A Current Ratio of 0.82 means the company has RM0.82 in assets for each RM1 in short-term debts.

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

  • The MRQ is 0.815. The company is just not able to pay all its short-term debts. -1
  • The TTM is 1.310. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ0.815TTM1.310-0.495
TTM1.310YOY1.179+0.131
TTM1.3105Y1.100+0.210
5Y1.10010Y2.021-0.921
Compared to industry (Education & Training Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8151.130-0.315
TTM1.3101.293+0.017
YOY1.1791.405-0.226
5Y1.1001.434-0.334
10Y2.0211.512+0.509
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Minda Global Bhd to the Education & Training Services industry mean.
  • A Quick Ratio of 0.51 means the company can pay off RM0.51 for each RM1 in debt (using most liquid assets).

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

  • The MRQ is 0.510. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 1.107. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ0.510TTM1.107-0.597
TTM1.107YOY0.805+0.302
TTM1.1075Y0.793+0.314
5Y0.79310Y0.791+0.001
Compared to industry (Education & Training Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5100.927-0.417
TTM1.1070.969+0.138
YOY0.8051.128-0.323
5Y0.7931.159-0.366
10Y0.7911.278-0.487

1.4. Solvency of Minda Global Bhd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Minda Global Bhd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Minda Global Bhd to Education & Training Services industry mean.
  • A Debt to Asset Ratio of 0.52 means that Minda Global Bhd assets are financed with 51.8% credit (debt) and the remaining percentage (100% - 51.8%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.518. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.556. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.518TTM0.556-0.038
TTM0.556YOY0.519+0.037
TTM0.5565Y0.562-0.006
5Y0.56210Y0.507+0.054
Compared to industry (Education & Training Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5180.489+0.029
TTM0.5560.482+0.074
YOY0.5190.501+0.018
5Y0.5620.502+0.060
10Y0.5070.481+0.026
1.4.2. Debt to Equity Ratio

Measures if Minda Global Bhd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Minda Global Bhd to the Education & Training Services industry mean.
  • A Debt to Equity ratio of 107.5% means that company has RM1.07 debt for each RM1 in shareholders equity.

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

  • The MRQ is 1.075. The company is able to pay all its debts with equity. +1
  • The TTM is 1.270. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.075TTM1.270-0.195
TTM1.270YOY1.082+0.188
TTM1.2705Y1.302-0.032
5Y1.30210Y1.085+0.217
Compared to industry (Education & Training Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0750.909+0.166
TTM1.2700.912+0.358
YOY1.0820.983+0.099
5Y1.3020.941+0.361
10Y1.0850.945+0.140

2. Market Valuation of Minda Global 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 Minda Global Bhd generates.

  • Above 15 is considered overpriced but always compare Minda Global Bhd to the Education & Training Services industry mean.
  • A PE ratio of 17.11 means the investor is paying RM17.11 for every RM1 in earnings.

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

  • The EOD is 132.074. Based on the earnings, the company is expensive. -2
  • The MRQ is 17.108. Based on the earnings, the company is fair priced.
  • The TTM is 53.528. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD132.074MRQ17.108+114.966
MRQ17.108TTM53.528-36.420
TTM53.528YOY22.768+30.760
TTM53.5285Y33.099+20.429
5Y33.09910Y20.883+12.216
Compared to industry (Education & Training Services)
PeriodCompanyIndustry (mean)+/- 
EOD132.0744.969+127.105
MRQ17.1085.222+11.886
TTM53.5281.946+51.582
YOY22.7685.079+17.689
5Y33.0996.577+26.522
10Y20.88310.722+10.161
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 39.631. Based on how much money comes from the company's main activities, the company is fair priced.
  • The MRQ is 5.134. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 17.798. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD39.631MRQ5.134+34.498
MRQ5.134TTM17.798-12.664
TTM17.798YOY-1.519+19.317
TTM17.7985Y6.584+11.214
5Y6.58410Y5.486+1.097
Compared to industry (Education & Training Services)
PeriodCompanyIndustry (mean)+/- 
EOD39.6314.235+35.396
MRQ5.1344.301+0.833
TTM17.7983.490+14.308
YOY-1.5192.583-4.102
5Y6.584-0.372+6.956
10Y5.4860.224+5.262
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Education & Training Services industry mean).
  • A PB ratio of 0.83 means the investor is paying RM0.83 for each RM1 in book value.

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

  • The EOD is 6.414. Based on the equity, the company is overpriced. -1
  • The MRQ is 0.831. Based on the equity, the company is cheap. +2
  • The TTM is 0.811. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD6.414MRQ0.831+5.584
MRQ0.831TTM0.811+0.020
TTM0.811YOY0.484+0.327
TTM0.8115Y0.582+0.229
5Y0.58210Y1.207-0.624
Compared to industry (Education & Training Services)
PeriodCompanyIndustry (mean)+/- 
EOD6.4141.153+5.261
MRQ0.8311.176-0.345
TTM0.8111.160-0.349
YOY0.4841.203-0.719
5Y0.5821.775-1.193
10Y1.2072.043-0.836
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Minda Global 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--0.0020.003-33%0.005-61%0.003-45%0.006-71%
Book Value Per Share--0.1500.145+4%0.126+19%0.126+20%0.120+25%
Current Ratio--0.8151.310-38%1.179-31%1.100-26%2.021-60%
Debt To Asset Ratio--0.5180.556-7%0.5190%0.562-8%0.507+2%
Debt To Equity Ratio--1.0751.270-15%1.082-1%1.302-17%1.085-1%
Dividend Per Share----0%-0%-0%-0%
Eps--0.0020.001+98%0.001+87%-0.001+152%-0.001+172%
Free Cash Flow Per Share--0.0060.003+87%-0.001+110%0.001+1030%0.001+1030%
Free Cash Flow To Equity Per Share--0.0060.003+87%-0.003+153%0.000+4406%0.000+4406%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--0.664--------
Intrinsic Value_10Y_min--0.553--------
Intrinsic Value_1Y_max--0.013--------
Intrinsic Value_1Y_min--0.013--------
Intrinsic Value_3Y_max--0.080--------
Intrinsic Value_3Y_min--0.076--------
Intrinsic Value_5Y_max--0.197--------
Intrinsic Value_5Y_min--0.179--------
Market Cap1620283234.560+87%209881248.000197288373.120+6%102841811.520+104%124669461.312+68%220375310.400-5%
Net Profit Margin--0.0710.045+58%0.052+36%-0.081+214%-0.327+558%
Operating Margin----0%0.065-100%0.040-100%-0.2220%
Operating Ratio--1.2210.957+28%1.172+4%1.349-10%1.740-30%
Pb Ratio6.414+87%0.8310.811+3%0.484+72%0.582+43%1.207-31%
Pe Ratio132.074+87%17.10853.528-68%22.768-25%33.099-48%20.883-18%
Price Per Share0.965+87%0.1250.118+6%0.061+104%0.074+68%0.131-5%
Price To Free Cash Flow Ratio39.631+87%5.13417.798-71%-1.519+130%6.584-22%5.486-6%
Price To Total Gains Ratio528.641+87%68.47765.573+4%82.486-17%94.622-28%68.5150%
Quick Ratio--0.5101.107-54%0.805-37%0.793-36%0.791-36%
Return On Assets--0.0060.003+67%0.004+60%-0.003+150%-0.007+217%
Return On Equity--0.0120.008+59%0.008+62%-0.008+169%-0.007+157%
Total Gains Per Share--0.0020.003-33%0.005-61%0.003-45%0.006-71%
Usd Book Value--53399217.20051490539.450+4%44866690.400+19%44590432.880+20%42760794.067+25%
Usd Book Value Change Per Share--0.0000.001-33%0.001-61%0.001-45%0.001-71%
Usd Book Value Per Share--0.0320.031+4%0.027+19%0.027+20%0.025+25%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0000.000+98%0.000+87%0.000+152%0.000+172%
Usd Free Cash Flow--2160719.400577122.000+274%-155537.550+107%124260.920+1639%103550.767+1987%
Usd Free Cash Flow Per Share--0.0010.001+87%0.000+110%0.000+1030%0.000+1030%
Usd Free Cash Flow To Equity Per Share--0.0010.001+87%-0.001+153%0.000+4406%0.000+4406%
Usd Market Cap342527875.786+87%44368895.82741706762.078+6%21740758.955+104%26355124.121+68%46587340.619-5%
Usd Price Per Share0.204+87%0.0260.025+6%0.013+104%0.016+68%0.028-5%
Usd Profit--648363.800398753.250+63%346061.800+87%-321328.000+150%-452748.333+170%
Usd Revenue--9069271.4006066281.550+50%6394110.100+42%5611232.480+62%4878618.733+86%
Usd Total Gains Per Share--0.0000.001-33%0.001-61%0.001-45%0.001-71%
 EOD+4 -4MRQTTM+23 -9YOY+21 -125Y+23 -1010Y+21 -11

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15132.074
Price to Book Ratio (EOD)Between0-16.414
Net Profit Margin (MRQ)Greater than00.071
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.510
Current Ratio (MRQ)Greater than10.815
Debt to Asset Ratio (MRQ)Less than10.518
Debt to Equity Ratio (MRQ)Less than11.075
Return on Equity (MRQ)Greater than0.150.012
Return on Assets (MRQ)Greater than0.050.006
Total2/10 (20.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5044.590
Ma 20Greater thanMa 500.996
Ma 50Greater thanMa 1001.010
Ma 100Greater thanMa 2001.064
OpenGreater thanClose0.970
Total1/5 (20.0%)



Latest Balance Sheet

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

Summary
Total Assets523,734
Total Liabilities271,136
Total Stockholder Equity252,290
 As reported
Total Liabilities 271,136
Total Stockholder Equity+ 252,290
Total Assets = 523,734

Assets

Total Assets523,734
Total Current Assets72,823
Long-term Assets450,911
Total Current Assets
Cash And Cash Equivalents 21,228
Net Receivables 45,565
Total Current Assets  (as reported)72,823
Total Current Assets  (calculated)66,793
+/- 6,030
Long-term Assets
Property Plant Equipment 277,548
Goodwill 75,683
Intangible Assets 53,664
Long-term Assets  (as reported)450,911
Long-term Assets  (calculated)406,895
+/- 44,016

Liabilities & Shareholders' Equity

Total Current Liabilities89,353
Long-term Liabilities181,783
Total Stockholder Equity252,290
Total Current Liabilities
Short Long Term Debt 13,280
Accounts payable 23,970
Total Current Liabilities  (as reported)89,353
Total Current Liabilities  (calculated)37,250
+/- 52,103
Long-term Liabilities
Long term Debt 145,560
Capital Lease Obligations Min Short Term Debt23,033
Long-term Liabilities  (as reported)181,783
Long-term Liabilities  (calculated)168,593
+/- 13,190
Total Stockholder Equity
Total Stockholder Equity (as reported)252,290
Total Stockholder Equity (calculated)0
+/- 252,290
Other
Capital Stock413,129
Common Stock Shares Outstanding 1,679,049
Net Debt 137,612
Net Invested Capital 411,130
Net Working Capital -16,530
Property Plant and Equipment Gross 277,548



Balance Sheet

Currency in MYR. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312016-03-312015-12-312015-09-302015-06-30
> Total Assets 
284,000
249,000
166,000
162,000
554,965
548,208
540,270
476,087
477,224
464,107
474,430
435,853
432,975
425,328
426,558
447,698
450,033
426,273
428,507
458,766
583,793
0
513,248
523,734
523,734513,2480583,793458,766428,507426,273450,033447,698426,558425,328432,975435,853474,430464,107477,224476,087540,270548,208554,965162,000166,000249,000284,000
   > Total Current Assets 
260,000
225,000
121,000
117,000
62,864
58,162
70,089
77,622
78,268
68,918
73,759
83,302
87,042
81,072
86,240
85,588
92,349
72,773
79,428
109,278
245,022
39,861
64,871
72,823
72,82364,87139,861245,022109,27879,42872,77392,34985,58886,24081,07287,04283,30273,75968,91878,26877,62270,08958,16262,864117,000121,000225,000260,000
       Cash And Cash Equivalents 
52,000
19,000
12,000
18,000
872
1,348
5,467
4,581
2,979
9,566
5,445
13,125
14,977
13,413
16,028
16,947
26,953
22,451
9,056
0
8,526
0
9,789
21,228
21,2289,78908,52609,05622,45126,95316,94716,02813,41314,97713,1255,4459,5662,9794,5815,4671,34887218,00012,00019,00052,000
       Short-term Investments 
0
0
3,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000003,00000
       Net Receivables 
15,000
13,000
17,000
14,000
41,905
39,492
47,499
36,208
38,289
22,680
42,891
43,932
43,423
38,578
41,193
42,424
37,763
22,153
42,017
77,418
230,268
24,650
49,211
45,565
45,56549,21124,650230,26877,41842,01722,15337,76342,42441,19338,57843,42343,93242,89122,68038,28936,20847,49939,49241,90514,00017,00013,00015,000
       Other Current Assets 
193,000
193,000
87,000
85,000
1,620
0
13,000
36,463
36,613
36,289
24,909
25,661
28,066
28,497
28,435
25,680
27,134
27,632
28,355
26,755
5,703
4,789
0
0
004,7895,70326,75528,35527,63227,13425,68028,43528,49728,06625,66124,90936,28936,61336,46313,00001,62085,00087,000193,000193,000
   > Long-term Assets 
0
0
0
0
492,101
490,046
470,181
400,048
398,956
395,189
400,671
352,551
345,933
344,256
340,318
364,846
357,684
353,500
349,079
0
338,771
0
448,377
450,911
450,911448,3770338,7710349,079353,500357,684364,846340,318344,256345,933352,551400,671395,189398,956400,048470,181490,046492,1010000
       Property Plant Equipment 
0
0
0
0
347,233
344,333
323,766
265,084
259,847
255,792
258,278
211,355
206,864
204,719
200,709
223,934
219,589
215,540
211,009
208,641
196,749
297,695
277,026
277,548
277,548277,026297,695196,749208,641211,009215,540219,589223,934200,709204,719206,864211,355258,278255,792259,847265,084323,766344,333347,2330000
       Goodwill 
0
0
0
0
90,685
90,685
90,685
75,683
79,296
79,296
79,296
75,683
75,683
75,683
75,683
75,683
75,683
75,683
75,683
75,683
75,683
0
75,683
75,683
75,68375,683075,68375,68375,68375,68375,68375,68375,68375,68375,68375,68379,29679,29679,29675,68390,68590,68590,6850000
       Intangible Assets 
0
0
0
0
50,723
50,720
50,662
50,609
52,052
51,994
54,688
54,762
54,603
54,461
54,311
54,068
53,964
53,816
53,926
53,655
53,477
0
53,348
53,664
53,66453,348053,47753,65553,92653,81653,96454,06854,31154,46154,60354,76254,68851,99452,05250,60950,66250,72050,7230000
       Other Assets 
0
0
0
0
3,460
4,308
5,068
7,089
7,761
8,107
8,409
10,751
8,783
9,393
9,615
8,425
8,448
8,461
8,461
11,509
12,862
12,234
0
0
0012,23412,86211,5098,4618,4618,4488,4259,6159,3938,78310,7518,4098,1077,7617,0895,0684,3083,4600000
> Total Liabilities 
98,000
84,000
22,000
21,000
326,906
324,647
325,364
282,551
294,539
285,619
299,004
241,656
232,919
225,100
224,956
245,079
245,975
221,671
222,390
224,599
347,720
0
263,715
271,136
271,136263,7150347,720224,599222,390221,671245,975245,079224,956225,100232,919241,656299,004285,619294,539282,551325,364324,647326,90621,00022,00084,00098,000
   > Total Current Liabilities 
66,000
64,000
13,000
12,000
60,478
57,591
68,979
86,518
94,523
63,911
73,455
91,275
84,552
76,902
77,486
80,617
82,748
65,229
72,632
78,636
81,344
63,509
82,783
89,353
89,35382,78363,50981,34478,63672,63265,22982,74880,61777,48676,90284,55291,27573,45563,91194,52386,51868,97957,59160,47812,00013,00064,00066,000
       Short-term Debt 
37,000
23,000
11,000
10,000
1,553
965
573
16,482
16,528
0
0
8,492
8,732
8,476
8,618
62
0
0
3,084
0
0
0
0
0
000003,08400628,6188,4768,7328,4920016,52816,4825739651,55310,00011,00023,00037,000
       Short Long Term Debt 
37,000
23,000
11,000
10,000
1,553
965
573
16,482
16,528
0
0
8,492
8,732
8,476
8,618
1,268
0
3,192
6,276
0
10,444
0
11,132
13,280
13,28011,132010,44406,2763,19201,2688,6188,4768,7328,4920016,52816,4825739651,55310,00011,00023,00037,000
       Accounts payable 
0
0
0
0
35,876
40,965
39,351
801
43,978
41,680
40,408
1,158
28,426
35,915
40,639
543
38,734
30,084
37,268
31,902
24,558
25,708
27,372
23,970
23,97027,37225,70824,55831,90237,26830,08438,73454340,63935,91528,4261,15840,40841,68043,97880139,35140,96535,8760000
       Other Current Liabilities 
61,000
61,000
7,000
10,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
14,137
24,242
0
21,485
0
0
0021,485024,24214,1370000000000000010,0007,00061,00061,000
   > Long-term Liabilities 
0
0
0
0
266,428
267,056
256,385
196,033
200,016
221,708
225,549
150,381
148,367
148,198
147,470
163,256
163,227
156,442
149,758
0
266,416
0
180,932
181,783
181,783180,9320266,4160149,758156,442163,227163,256147,470148,198148,367150,381225,549221,708200,016196,033256,385267,056266,4280000
       Long term Debt Total 
0
0
0
0
254,469
255,097
244,426
172,699
0
0
213,590
133,848
131,834
131,665
130,937
147,929
146,694
139,909
133,225
129,022
249,847
0
0
0
000249,847129,022133,225139,909146,694147,929130,937131,665131,834133,848213,59000172,699244,426255,097254,4690000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
16,533
16,953
0
16,586
0
0
0016,586016,95316,533000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,883
0
4,633
0
0
004,63302,8830000000000000000000
> Total Stockholder Equity
0
0
0
0
228,059
223,561
214,906
193,536
182,685
178,488
175,426
194,197
200,056
200,228
201,602
202,619
204,058
204,602
206,117
234,167
236,073
0
249,223
252,290
252,290249,2230236,073234,167206,117204,602204,058202,619201,602200,228200,056194,197175,426178,488182,685193,536214,906223,561228,0590000
   Retained Earnings -178,822-181,889-183,909-191,540-186,382-189,432-198,011-198,555-199,994-201,011-202,385-202,557-203,496-207,783-204,721-200,524-189,673-164,850-156,195-151,697-72,000-69,000-49,000-27,000
   Accumulated Other Comprehensive Income 000000000000000000000000
   Capital Surplus 000000000000000000000000
   Treasury Stock000000000000000000000000



Balance Sheet

Currency in MYR. All numbers in thousands.




Cash Flow

Currency in MYR. All numbers in thousands.




Income Statement

Currency in MYR. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue120,986
Cost of Revenue-60,109
Gross Profit60,87760,877
 
Operating Income (+$)
Gross Profit60,877
Operating Expense-101,730
Operating Income17,402-40,853
 
Operating Expense (+$)
Research Development-
Selling General Administrative47,210
Selling And Marketing Expenses-
Operating Expense101,73047,210
 
Net Interest Income (+$)
Interest Income10,044
Interest Expense-10,068
Other Finance Cost-9,961
Net Interest Income-9,985
 
Pretax Income (+$)
Operating Income17,402
Net Interest Income-9,985
Other Non-Operating Income Expenses-
Income Before Tax (EBT)7,35817,402
EBIT - interestExpense = 3,599
7,370
16,616
Interest Expense10,068
Earnings Before Interest and Taxes (EBIT)13,66717,426
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax7,358
Tax Provision-822
Net Income From Continuing Ops4,5156,536
Net Income6,548
Net Income Applicable To Common Shares6,548
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses193
Total Other Income/Expenses Net-9,985
 

Technical Analysis of Minda Global 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 Minda Global Bhd. The general trend of Minda Global Bhd is BEARISH 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 Minda Global 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. 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 Minda Global 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: 1.1 < 1.1 < 1.1.

The bearish price targets are: 0.95 > 0.95 > 0.95.

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Minda Global 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 Minda Global Bhd. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

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

Directionalities and relatives.

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

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

Minda Global 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 Minda Global Bhd. The current macd is -0.01524785.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Minda Global Bhd price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Minda Global Bhd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Minda Global Bhd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Minda Global Bhd Daily Moving Average Convergence/Divergence (MACD) ChartMinda Global 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 Minda Global Bhd. The current adx is 15.76.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Minda Global Bhd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Minda Global 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 Minda Global Bhd. The current sar is 1.05856966.

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

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Minda Global 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 Minda Global Bhd. The current rsi is 44.59. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Minda Global Bhd Daily Relative Strength Index (RSI) ChartMinda Global 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 Minda Global Bhd. The current phase is Oversold in bear market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Minda Global Bhd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Minda Global Bhd Daily Stochastic Oscillator ChartMinda Global 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 Minda Global Bhd. The current cci is -59.45604048.

Minda Global Bhd Daily Commodity Channel Index (CCI) ChartMinda Global 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 Minda Global Bhd. The current cmo is -13.12345221.

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

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Minda Global Bhd Daily Chande Momentum Oscillator (CMO) ChartMinda Global 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 Minda Global Bhd. The current willr is -83.33333333.

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

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Minda Global Bhd Daily Williams %R ChartMinda Global 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 Minda Global Bhd.

Minda Global 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 Minda Global Bhd. The current atr is 0.04843829.

Minda Global Bhd Daily Average True Range (ATR) ChartMinda Global 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 Minda Global Bhd. The current obv is 40,390,413.

Minda Global Bhd Daily On-Balance Volume (OBV) ChartMinda Global 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 Minda Global Bhd. The current mfi is 39.80.

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
Minda Global Bhd Daily Money Flow Index (MFI) ChartMinda Global Bhd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Minda Global 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
2023-11-02DMI 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-07CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal 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
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-05WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-18STOCH 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
2023-12-19MACD 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.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-20CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-29RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-11WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-08MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-09WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-21CCI 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
2024-02-22DMI 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-29WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-04DMI 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-08ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-13DMI 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.
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

6.3. Candlestick Patterns

Minda Global Bhd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5044.590
Ma 20Greater thanMa 500.996
Ma 50Greater thanMa 1001.010
Ma 100Greater thanMa 2001.064
OpenGreater thanClose0.970
Total1/5 (20.0%)
Penke

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