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ASIATIC GROUP (HOLDINGS) LTD
Buy, Hold or Sell?

Let's analyse Asiatic together

PenkeI guess you are interested in ASIATIC GROUP (HOLDINGS) LTD. 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 ASIATIC GROUP (HOLDINGS) LTD. 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 Asiatic (30 sec.)










What can you expect buying and holding a share of Asiatic? (30 sec.)

How much money do you get?

How much money do you get?
S$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
S$0.01
Expected worth in 1 year
S$0.01
How sure are you?
32.3%

+ What do you gain per year?

Total Gains per Share
S$0.00
Return On Investment
7.4%

For what price can you sell your share?

Current Price per Share
S$0.00
Expected price per share
S$0.001 - S$0.002
How sure are you?
50%

1. Valuation of Asiatic (5 min.)




Live pricePrice per Share (EOD)

S$0.00

Intrinsic Value Per Share

S$0.02 - S$0.03

Total Value Per Share

S$0.03 - S$0.03

2. Growth of Asiatic (5 min.)




Is Asiatic growing?

Current yearPrevious yearGrowGrow %
How rich?$17m$16.6m-$1m-6.4%

How much money is Asiatic making?

Current yearPrevious yearGrowGrow %
Making money-$845.6k-$1.5m$702k83.0%
Net Profit Margin-11.1%-20.9%--

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

3. Financial Health of Asiatic (5 min.)




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

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

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

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

Speculation

The Price per Share of Asiatic is S$0.002. 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 Asiatic.
  • 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 Asiatic, 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 S$0.01. Based on the TTM, the Book Value Change Per Share is S$0.00 per quarter. Based on the YOY, the Book Value Change Per Share is S$0.00 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 S$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Asiatic.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 S$% of Price per ShareS$% of Price per ShareS$% of Price per ShareS$% of Price per ShareS$% of Price per Share
Usd Eps0.001.4%0.00-4.2%0.00-23.9%0.00-25.8%0.00-19.8%
Usd Book Value Change Per Share0.00-7.2%0.001.4%0.00-25.2%0.00-14.3%0.008.5%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.00-7.2%0.001.4%0.00-25.2%0.00-14.3%0.008.5%
Usd Price Per Share0.00-0.00-0.00-0.00-0.01-
Price to Earnings Ratio6.85-5.44-4.74-8.68--12.24-
Price-to-Total Gains Ratio-5.12-0.49-2.47--66.04--47.38-
Price to Book Ratio0.14-0.35-0.66-0.58-0.55-
Price-to-Total Gains Ratio-5.12-0.49-2.47--66.04--47.38-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.001483
Number of shares674308
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 (674308 shares)18.40-192.53
Gains per Year (674308 shares)73.60-770.11
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1074640-770-780
201471380-1540-1550
302212120-2310-2320
402942860-3080-3090
503683600-3851-3860
604424340-4621-4630
705155080-5391-5400
805895820-6161-6170
906626560-6931-6940
1007367300-7701-7710

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share3.01.00.075.0%6.06.00.050.0%10.010.00.050.0%18.013.00.058.1%18.013.00.058.1%
Book Value Change Per Share2.02.00.050.0%6.06.00.050.0%7.010.03.035.0%10.015.06.032.3%10.015.06.032.3%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.031.00.0%0.00.031.00.0%
Total Gains per Share2.02.00.050.0%6.06.00.050.0%7.010.03.035.0%10.015.06.032.3%10.015.06.032.3%

Fundamentals of Asiatic

About ASIATIC GROUP (HOLDINGS) LTD

Asiatic Group (Holdings) Limited, an investment holding company, provides energy and fire protection services in Singapore, Cambodia, Indonesia, and internationally. The company provides planning and development services for power plant projects; and operates as an engineering, procurement and construction, and operation and maintenance contractor. It also designs, supply, installs, and maintains fire protection equipment and systems, such as hose reels, hydrants, alarm systems, and emergency lighting, under the KILLFIRE brand. Asiatic Group (Holdings) Limited was founded in 1965 and is headquartered in Singapore.

Fundamental data was last updated by Penke on 2024-03-19 07:05:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge 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 unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just not 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 cheap.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of ASIATIC GROUP (HOLDINGS) LTD.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Asiatic earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Asiatic to the Utilities - Independent Power Producers industry mean.
  • A Net Profit Margin of 1.1% means that $0.01 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of ASIATIC GROUP (HOLDINGS) LTD:

  • The MRQ is 1.1%. The company is making a profit. +1
  • The TTM is -11.1%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ1.1%TTM-11.1%+12.2%
TTM-11.1%YOY-20.9%+9.7%
TTM-11.1%5Y-15.4%+4.3%
5Y-15.4%10Y-12.7%-2.7%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Asiatic to the Utilities - Independent Power Producers industry mean.
  • 0.2% Return on Assets means that Asiatic generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of ASIATIC GROUP (HOLDINGS) LTD:

  • The MRQ is 0.2%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is -2.1%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.2%TTM-2.1%+2.4%
TTM-2.1%YOY-3.7%+1.6%
TTM-2.1%5Y-3.9%+1.7%
5Y-3.9%10Y-2.8%-1.0%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Asiatic to the Utilities - Independent Power Producers industry mean.
  • 0.7% Return on Equity means Asiatic generated $0.01 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of ASIATIC GROUP (HOLDINGS) LTD:

  • The MRQ is 0.7%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is -9.4%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.7%TTM-9.4%+10.1%
TTM-9.4%YOY-12.8%+3.3%
TTM-9.4%5Y-10.8%+1.4%
5Y-10.8%10Y-7.7%-3.1%

1.2. Operating Efficiency of ASIATIC GROUP (HOLDINGS) LTD.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Asiatic is operating .

  • Measures how much profit Asiatic makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Asiatic to the Utilities - Independent Power Producers industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of ASIATIC GROUP (HOLDINGS) LTD:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-3.1%+3.1%
TTM-3.1%YOY5.1%-8.2%
TTM-3.1%5Y2.6%-5.8%
5Y2.6%10Y3.7%-1.1%
1.2.2. Operating Ratio

Measures how efficient Asiatic is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Utilities - Independent Power Producers industry mean).
  • An Operation Ratio of 1.62 means that the operating costs are $1.62 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of ASIATIC GROUP (HOLDINGS) LTD:

  • The MRQ is 1.618. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.801. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.618TTM1.801-0.183
TTM1.801YOY1.627+0.173
TTM1.8015Y1.475+0.326
5Y1.47510Y1.461+0.014

1.3. Liquidity of ASIATIC GROUP (HOLDINGS) LTD.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Utilities - Independent Power Producers industry mean).
  • A Current Ratio of 0.59 means the company has $0.59 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of ASIATIC GROUP (HOLDINGS) LTD:

  • The MRQ is 0.592. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.538. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.592TTM0.538+0.054
TTM0.538YOY0.622-0.084
TTM0.5385Y0.530+0.008
5Y0.53010Y0.578-0.048
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Asiatic to the Utilities - Independent Power Producers industry mean.
  • A Quick Ratio of 0.27 means the company can pay off $0.27 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of ASIATIC GROUP (HOLDINGS) LTD:

  • The MRQ is 0.270. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.273. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.270TTM0.273-0.002
TTM0.273YOY0.401-0.128
TTM0.2735Y0.310-0.037
5Y0.31010Y0.374-0.064

1.4. Solvency of ASIATIC GROUP (HOLDINGS) LTD.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Asiatic to Utilities - Independent Power Producers industry mean.
  • A Debt to Asset Ratio of 0.57 means that Asiatic assets are financed with 56.7% credit (debt) and the remaining percentage (100% - 56.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of ASIATIC GROUP (HOLDINGS) LTD:

  • The MRQ is 0.567. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.605. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.567TTM0.605-0.038
TTM0.605YOY0.596+0.009
TTM0.6055Y0.575+0.030
5Y0.57510Y0.514+0.062
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Asiatic to the Utilities - Independent Power Producers industry mean.
  • A Debt to Equity ratio of 180.5% means that company has $1.81 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of ASIATIC GROUP (HOLDINGS) LTD:

  • The MRQ is 1.805. The company is just able to pay all its debts with equity.
  • The TTM is 2.232. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.805TTM2.232-0.427
TTM2.232YOY1.856+0.376
TTM2.2325Y1.679+0.553
5Y1.67910Y1.295+0.384

2. Market Valuation of ASIATIC GROUP (HOLDINGS) LTD

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Asiatic generates.

  • Above 15 is considered overpriced but always compare Asiatic to the Utilities - Independent Power Producers industry mean.
  • A PE ratio of 6.85 means the investor is paying $6.85 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of ASIATIC GROUP (HOLDINGS) LTD:

  • The EOD is 13.701. Based on the earnings, the company is underpriced. +1
  • The MRQ is 6.850. Based on the earnings, the company is cheap. +2
  • The TTM is 5.440. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD13.701MRQ6.850+6.850
MRQ6.850TTM5.440+1.411
TTM5.440YOY4.738+0.701
TTM5.4405Y8.682-3.242
5Y8.68210Y-12.242+20.924
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of ASIATIC GROUP (HOLDINGS) LTD:

  • The EOD is 3.492. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 1.746. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -4.155. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD3.492MRQ1.746+1.746
MRQ1.746TTM-4.155+5.901
TTM-4.155YOY4.851-9.005
TTM-4.1555Y-8.728+4.574
5Y-8.72810Y-5.971-2.758
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Utilities - Independent Power Producers industry mean).
  • A PB ratio of 0.14 means the investor is paying $0.14 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of ASIATIC GROUP (HOLDINGS) LTD:

  • The EOD is 0.281. Based on the equity, the company is cheap. +2
  • The MRQ is 0.141. Based on the equity, the company is cheap. +2
  • The TTM is 0.353. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.281MRQ0.141+0.141
MRQ0.141TTM0.353-0.212
TTM0.353YOY0.658-0.305
TTM0.3535Y0.576-0.223
5Y0.57610Y0.555+0.021
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of ASIATIC GROUP (HOLDINGS) LTD 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--0.0000.000-630%-0.001+248%0.000+97%0.000-185%
Book Value Per Share--0.0070.007+9%0.007+2%0.009-22%0.013-43%
Current Ratio--0.5920.538+10%0.622-5%0.530+12%0.578+2%
Debt To Asset Ratio--0.5670.605-6%0.596-5%0.575-1%0.514+10%
Debt To Equity Ratio--1.8052.232-19%1.856-3%1.679+7%1.295+39%
Dividend Per Share----0%-0%-0%-0%
Eps--0.0000.000+413%-0.001+1869%-0.001+2008%-0.001+1563%
Free Cash Flow Per Share--0.0000.000-50%0.000-61%0.000-26%0.000+24%
Free Cash Flow To Equity Per Share--0.0000.000-37%0.000+228%0.000+193%0.000+135%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--0.027--------
Intrinsic Value_10Y_min--0.022--------
Intrinsic Value_1Y_max--0.001--------
Intrinsic Value_1Y_min--0.001--------
Intrinsic Value_3Y_max--0.005--------
Intrinsic Value_3Y_min--0.005--------
Intrinsic Value_5Y_max--0.010--------
Intrinsic Value_5Y_min--0.009--------
Market Cap6466840.064+50%3233422.4557275197.495-56%14550390.144-78%16652113.649-81%21903813.433-85%
Net Profit Margin--0.011-0.111+1132%-0.209+2034%-0.154+1530%-0.127+1280%
Operating Margin----0.0310%0.051-100%0.026-100%0.037-100%
Operating Ratio--1.6181.801-10%1.627-1%1.475+10%1.461+11%
Pb Ratio0.281+50%0.1410.353-60%0.658-79%0.576-76%0.555-75%
Pe Ratio13.701+50%6.8505.440+26%4.738+45%8.682-21%-12.242+279%
Price Per Share0.002+50%0.0010.002-56%0.005-78%0.005-81%0.007-85%
Price To Free Cash Flow Ratio3.492+50%1.746-4.155+338%4.851-64%-8.728+600%-5.971+442%
Price To Total Gains Ratio-10.249-100%-5.1240.494-1137%2.469-308%-66.039+1189%-47.384+825%
Quick Ratio--0.2700.273-1%0.401-33%0.310-13%0.374-28%
Return On Assets--0.002-0.021+1059%-0.037+1775%-0.039+1841%-0.028+1370%
Return On Equity--0.007-0.094+1434%-0.128+1905%-0.108+1631%-0.077+1187%
Total Gains Per Share--0.0000.000-630%-0.001+248%0.000+97%0.000-185%
Usd Book Value--17051534.00015643981.625+9%16646489.625+2%21751568.825-22%30067155.258-43%
Usd Book Value Change Per Share--0.0000.000-630%-0.001+248%0.000+97%0.000-185%
Usd Book Value Per Share--0.0050.005+9%0.005+2%0.007-22%0.009-43%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0000.000+413%0.000+1869%-0.001+2008%0.000+1563%
Usd Free Cash Flow--343314.500690151.125-50%871633.250-61%466384.963-26%276388.145+24%
Usd Free Cash Flow Per Share--0.0000.000-50%0.000-61%0.000-26%0.000+24%
Usd Free Cash Flow To Equity Per Share--0.0000.000-37%0.000+228%0.000+193%0.000+135%
Usd Market Cap4795161.907+50%2397582.7505394558.943-56%10789114.292-78%12347542.271-81%16241677.660-85%
Usd Price Per Share0.001+50%0.0010.002-56%0.003-78%0.004-81%0.005-85%
Usd Profit--87497.000-845680.750+1067%-1547695.875+1869%-2120004.113+2523%-1570425.242+1895%
Usd Revenue--8103112.0008022288.500+1%7588881.750+7%9040738.750-10%8994167.766-10%
Usd Total Gains Per Share--0.0000.000-630%-0.001+248%0.000+97%0.000-185%
 EOD+3 -5MRQTTM+16 -16YOY+22 -115Y+18 -1510Y+15 -18

3.2. Fundamental Score

Let's check the fundamental score of ASIATIC GROUP (HOLDINGS) LTD based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1513.701
Price to Book Ratio (EOD)Between0-10.281
Net Profit Margin (MRQ)Greater than00.011
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.270
Current Ratio (MRQ)Greater than10.592
Debt to Asset Ratio (MRQ)Less than10.567
Debt to Equity Ratio (MRQ)Less than11.805
Return on Equity (MRQ)Greater than0.150.007
Return on Assets (MRQ)Greater than0.050.002
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of ASIATIC GROUP (HOLDINGS) LTD based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.592
Ma 20Greater thanMa 500.002
Ma 50Greater thanMa 1000.002
Ma 100Greater thanMa 2000.002
OpenGreater thanClose0.001
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets53,140
Total Liabilities30,144
Total Stockholder Equity16,698
 As reported
Total Liabilities 30,144
Total Stockholder Equity+ 16,698
Total Assets = 53,140

Assets

Total Assets53,140
Total Current Assets14,206
Long-term Assets38,934
Total Current Assets
Net Receivables 6,490
Inventory 4,010
Total Current Assets  (as reported)14,206
Total Current Assets  (calculated)10,500
+/- 3,706
Long-term Assets
Property Plant Equipment 38,306
Goodwill 175
Long-term Assets  (as reported)38,934
Long-term Assets  (calculated)38,481
+/- 453

Liabilities & Shareholders' Equity

Total Current Liabilities24,007
Long-term Liabilities6,137
Total Stockholder Equity16,698
Total Current Liabilities
Short Long Term Debt 10,409
Accounts payable 5,557
Total Current Liabilities  (as reported)24,007
Total Current Liabilities  (calculated)15,966
+/- 8,041
Long-term Liabilities
Long term Debt 4,282
Capital Lease Obligations Min Short Term Debt1,831
Long-term Liabilities  (as reported)6,137
Long-term Liabilities  (calculated)6,113
+/- 24
Total Stockholder Equity
Total Stockholder Equity (as reported)16,698
Total Stockholder Equity (calculated)0
+/- 16,698
Other
Capital Stock54,828
Common Stock Shares Outstanding 3,233,422
Net Debt 14,691
Net Invested Capital 31,389
Net Working Capital -9,801
Property Plant and Equipment Gross 38,306



Balance Sheet

Currency in SGD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-30
> Total Assets 
107,149
107,149
105,211
105,211
102,751
102,751
99,855
99,855
101,737
101,737
85,986
85,986
87,413
87,413
0
78,574
0
74,011
0
68,690
67,647
69,116
69,441
56,487
56,187
56,727
53,049
53,521
53,416
53,613
53,140
53,14053,61353,41653,52153,04956,72756,18756,48769,44169,11667,64768,690074,011078,574087,41387,41385,98685,986101,737101,73799,85599,855102,751102,751105,211105,211107,149107,149
   > Total Current Assets 
34,058
34,058
36,219
36,219
20,870
20,870
13,170
13,170
13,257
13,257
15,008
15,008
14,830
14,830
17,158
17,158
15,587
15,587
14,804
14,804
14,338
15,622
16,797
16,586
15,970
15,788
14,186
13,318
13,013
13,455
14,206
14,20613,45513,01313,31814,18615,78815,97016,58616,79715,62214,33814,80414,80415,58715,58717,15817,15814,83014,83015,00815,00813,25713,25713,17013,17020,87020,87036,21936,21934,05834,058
       Cash And Cash Equivalents 
1,519
1,519
1,725
1,725
1,220
1,220
851
851
553
553
513
1,166
624
624
0
1,838
0
2,689
0
1,633
1,516
1,299
3,451
3,523
2,526
1,047
986
1,698
1,069
0
0
001,0691,6989861,0472,5263,5233,4511,2991,5161,63302,68901,83806246241,1665135535538518511,2201,2201,7251,7251,5191,519
       Short-term Investments 
0
0
230
230
0
0
183
183
0
0
13
13
666
666
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000006666661313001831830023023000
       Net Receivables 
28,607
28,607
28,830
28,830
15,639
15,639
7,225
6,460
8,302
5,599
8,855
8,132
8,837
6,776
10,127
10,127
8,511
8,511
8,832
8,832
7,920
8,765
7,597
12,577
8,411
10,404
9,035
7,049
7,350
6,625
6,490
6,4906,6257,3507,0499,03510,4048,41112,5777,5978,7657,9208,8328,8328,5118,51110,12710,1276,7768,8378,1328,8555,5998,3026,4607,22515,63915,63928,83028,83028,60728,607
       Inventory 
3,932
3,932
3,956
3,956
3,672
3,672
3,124
3,124
3,772
3,772
3,979
3,979
4,703
4,703
4,137
4,137
4,054
4,054
3,753
3,753
3,756
4,386
4,559
-48
4,635
3,942
3,803
3,977
4,151
4,001
4,010
4,0104,0014,1513,9773,8033,9424,635-484,5594,3863,7563,7533,7534,0544,0544,1374,1374,7034,7033,9793,9793,7723,7723,1243,1243,6723,6723,9563,9563,9323,932
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
70,978
0
72,583
0
61,416
0
58,424
0
53,886
53,309
53,494
52,644
39,901
40,217
40,939
38,863
40,203
40,403
40,158
38,934
38,93440,15840,40340,20338,86340,93940,21739,90152,64453,49453,30953,886058,424061,416072,583070,97800000000000
       Property Plant Equipment 
0
0
64,489
64,489
62,106
62,106
59,549
59,549
60,976
60,976
59,102
59,102
59,482
59,482
61,080
61,080
58,088
58,088
53,550
53,550
52,973
53,158
52,308
39,565
39,881
40,603
38,527
39,573
39,767
39,520
38,306
38,30639,52039,76739,57338,52740,60339,88139,56552,30853,15852,97353,55053,55058,08858,08861,08061,08059,48259,48259,10259,10260,97660,97659,54959,54962,10662,10664,48964,48900
       Goodwill 
175
175
175
175
175
175
175
175
175
175
175
175
175
175
0
175
0
175
0
175
175
175
175
175
175
175
175
175
175
175
175
175175175175175175175175175175175175017501750175175175175175175175175175175175175175175
       Long Term Investments 
8,801
8,801
4,328
4,328
4,405
4,405
9,529
9,529
9,719
9,719
1,361
1,361
1,514
1,514
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000001,5141,5141,3611,3619,7199,7199,5299,5294,4054,4054,3284,3288,8018,801
       Other Assets 
0
0
0
0
15,195
15,195
17,432
17,432
17,610
17,610
10,340
10,340
11,412
11,412
161
161
161
161
161
161
161
161
161
161
161
161
161
0
300
0
0
00300016116116116116116116116116116116116116111,41211,41210,34010,34017,61017,61017,43217,43215,19515,1950000
> Total Liabilities 
44,198
44,198
41,126
41,126
39,279
39,279
37,171
43,630
37,031
43,934
38,089
44,744
37,872
44,989
0
49,671
0
46,744
0
37,395
37,033
37,794
38,142
35,650
33,738
32,734
30,529
35,085
34,084
29,986
30,144
30,14429,98634,08435,08530,52932,73433,73835,65038,14237,79437,03337,395046,744049,671044,98937,87244,74438,08943,93437,03143,63037,17139,27939,27941,12641,12644,19844,198
   > Total Current Liabilities 
37,808
37,808
33,024
33,024
32,017
32,017
33,223
33,223
33,542
33,542
34,655
34,655
34,147
34,147
37,692
37,692
30,007
30,007
28,262
28,262
28,426
29,360
27,185
26,690
25,231
24,992
23,558
24,355
29,132
23,741
24,007
24,00723,74129,13224,35523,55824,99225,23126,69027,18529,36028,42628,26228,26230,00730,00737,69237,69234,14734,14734,65534,65533,54233,54233,22333,22332,01732,01733,02433,02437,80837,808
       Short-term Debt 
28,015
28,015
24,699
24,699
25,465
25,465
25,405
3,455
21,105
3,630
16,262
3,359
18,953
3,403
0
3,377
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000003,37703,40318,9533,35916,2623,63021,1053,45525,40525,46525,46524,69924,69928,01528,015
       Short Long Term Debt 
28,015
28,015
24,699
24,699
25,465
25,465
25,405
25,405
21,105
21,105
16,262
22,533
18,953
22,356
0
21,798
0
16,441
0
15,636
16,465
17,620
15,797
15,170
13,621
11,835
11,812
11,157
11,227
9,644
10,409
10,4099,64411,22711,15711,81211,83513,62115,17015,79717,62016,46515,636016,441021,798022,35618,95322,53316,26221,10521,10525,40525,40525,46525,46524,69924,69928,01528,015
       Accounts payable 
6,988
6,988
7,387
7,387
4,909
4,909
4,799
4,799
4,903
4,903
7,029
7,029
6,710
6,710
10,080
10,080
8,098
8,098
6,591
6,591
6,168
6,118
6,024
5,643
6,269
7,195
6,181
6,903
6,053
6,020
5,557
5,5576,0206,0536,9036,1817,1956,2695,6436,0246,1186,1686,5916,5918,0988,09810,08010,0806,7106,7107,0297,0294,9034,9034,7994,7994,9094,9097,3877,3876,9886,988
       Other Current Liabilities 
5,417
5,417
4,388
4,388
5,148
5,148
2,512
2,512
3,833
3,833
4,348
4,348
4,810
4,810
4,127
4,127
5,180
5,180
3,969
3,969
5,353
5,208
4,998
2,763
5,094
5,687
5,199
6,091
11,672
0
0
0011,6726,0915,1995,6875,0942,7634,9985,2085,3533,9693,9695,1805,1804,1274,1274,8104,8104,3484,3483,8333,8332,5122,5125,1485,1484,3884,3885,4175,417
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
3,434
0
3,725
0
4,806
0
9,243
0
9,133
8,607
8,434
10,957
8,960
8,507
7,742
6,971
5,545
4,952
6,245
6,137
6,1376,2454,9525,5456,9717,7428,5078,96010,9578,4348,6079,13309,24304,80603,72503,43400000000000
       Long term Debt Total 
0
0
0
0
0
0
0
674
0
183
0
194
0
555
0
1,814
0
6,773
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000006,77301,81405550194018306740000000
       Other Liabilities 
0
0
3,866
3,866
3,757
3,757
3,274
3,274
3,306
3,306
3,240
3,240
3,170
3,170
2,992
2,992
120
120
3,242
3,242
3,161
3,126
3,014
1,605
1,506
1,402
1,186
1,031
120
0
0
001201,0311,1861,4021,5061,6053,0143,1263,1613,2423,2421201202,9922,9923,1703,1703,2403,2403,3063,3063,2743,2743,7573,7573,8663,86600
> Total Stockholder Equity
0
0
57,786
57,786
57,037
57,037
56,225
56,225
57,803
57,803
41,242
41,242
42,424
42,424
0
28,903
0
27,267
0
24,133
23,472
24,184
24,152
16,387
18,039
19,627
17,834
12,401
13,235
17,443
16,698
16,69817,44313,23512,40117,83419,62718,03916,38724,15224,18423,47224,133027,267028,903042,42442,42441,24241,24257,80357,80356,22556,22557,03757,03757,78657,78600
   Retained Earnings 
13,235
13,235
13,205
13,205
13,316
13,316
14,128
11,996
12,051
12,051
-8,069
-8,069
-7,569
-7,569
-21,842
-21,842
-22,675
-22,675
-25,528
-25,528
-26,198
-26,468
-25,468
-33,726
-33,142
-32,970
-33,817
-35,933
-39,215
0
0
00-39,215-35,933-33,817-32,970-33,142-33,726-25,468-26,468-26,198-25,528-25,528-22,675-22,675-21,842-21,842-7,569-7,569-8,069-8,06912,05112,05111,99614,12813,31613,31613,20513,20513,23513,235
   Accumulated Other Comprehensive Income 0000000000000000000000000000000
   Capital Surplus 0000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000



Balance Sheet

Currency in SGD. All numbers in thousands.




Cash Flow

Currency in SGD. All numbers in thousands.




Income Statement

Currency in SGD. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue41,319
Cost of Revenue-27,763
Gross Profit13,55613,556
 
Operating Income (+$)
Gross Profit13,556
Operating Expense-45,552
Operating Income-4,233-31,996
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense45,5520
 
Net Interest Income (+$)
Interest Income21
Interest Expense-852
Other Finance Cost-0
Net Interest Income-831
 
Pretax Income (+$)
Operating Income-4,233
Net Interest Income-831
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-4,175-4,233
EBIT - interestExpense = 388
-4,691
-4,441
Interest Expense852
Earnings Before Interest and Taxes (EBIT)1,240-3,323
Earnings Before Interest and Taxes (EBITDA)-1,446
 
After tax Income (+$)
Income Before Tax-4,175
Tax Provision-379
Net Income From Continuing Ops-4,554-4,554
Net Income-5,293
Net Income Applicable To Common Shares-2,207
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses4,150
Total Other Income/Expenses Net0831
 

Technical Analysis of Asiatic
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 Asiatic. The general trend of Asiatic is BEARISH with 14.3% 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 Asiatic'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 (-14.3%) Bearish trend (14.3%)
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 ASIATIC GROUP (HOLDINGS) LTD.

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

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

The bullish price targets are: 0.002 < 0.002 < 0.002.

The bearish price targets are: 0.001 > 0.001 > 0.001.

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ASIATIC GROUP (HOLDINGS) LTD 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 ASIATIC GROUP (HOLDINGS) LTD. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-14 +14).

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

ASIATIC GROUP (HOLDINGS) LTD 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 ASIATIC GROUP (HOLDINGS) LTD. The current macd is -0.00013571.

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

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Asiatic price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Asiatic. 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 Asiatic 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
ASIATIC GROUP (HOLDINGS) LTD Daily Moving Average Convergence/Divergence (MACD) ChartASIATIC GROUP (HOLDINGS) LTD 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 ASIATIC GROUP (HOLDINGS) LTD. The current adx is 51.08.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Asiatic shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
ASIATIC GROUP (HOLDINGS) LTD 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 ASIATIC GROUP (HOLDINGS) LTD. The current sar is 0.00270153.

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
ASIATIC GROUP (HOLDINGS) LTD 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 ASIATIC GROUP (HOLDINGS) LTD. The current rsi is 54.59. 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.
ASIATIC GROUP (HOLDINGS) LTD Daily Relative Strength Index (RSI) ChartASIATIC GROUP (HOLDINGS) LTD 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 ASIATIC GROUP (HOLDINGS) LTD. The current phase is Overbought in bear market.

The long score for the Stochastic Oscillator is 5/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Asiatic price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
ASIATIC GROUP (HOLDINGS) LTD Daily Stochastic Oscillator ChartASIATIC GROUP (HOLDINGS) LTD 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 ASIATIC GROUP (HOLDINGS) LTD. The current cci is -17.09401709.

ASIATIC GROUP (HOLDINGS) LTD Daily Commodity Channel Index (CCI) ChartASIATIC GROUP (HOLDINGS) LTD 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 ASIATIC GROUP (HOLDINGS) LTD. The current cmo is 18.49.

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
ASIATIC GROUP (HOLDINGS) LTD Daily Chande Momentum Oscillator (CMO) ChartASIATIC GROUP (HOLDINGS) LTD 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 ASIATIC GROUP (HOLDINGS) LTD. The current willr is 0.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
ASIATIC GROUP (HOLDINGS) LTD Daily Williams %R ChartASIATIC GROUP (HOLDINGS) LTD 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 ASIATIC GROUP (HOLDINGS) LTD.

ASIATIC GROUP (HOLDINGS) LTD 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 ASIATIC GROUP (HOLDINGS) LTD. The current atr is 0.00028926.

ASIATIC GROUP (HOLDINGS) LTD Daily Average True Range (ATR) ChartASIATIC GROUP (HOLDINGS) LTD 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 ASIATIC GROUP (HOLDINGS) LTD. The current obv is 37,692,600.

ASIATIC GROUP (HOLDINGS) LTD Daily On-Balance Volume (OBV) ChartASIATIC GROUP (HOLDINGS) LTD 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 ASIATIC GROUP (HOLDINGS) LTD. The current mfi is 86.53.

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

  • MFI > 50: +1
  • MFI > 80: +1
ASIATIC GROUP (HOLDINGS) LTD Daily Money Flow Index (MFI) ChartASIATIC GROUP (HOLDINGS) LTD Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for ASIATIC GROUP (HOLDINGS) LTD.

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
2023-11-16WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-20WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-29MACD 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.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-01MACD 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.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-20WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-21MACD 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.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-11WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-23DMI 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-24SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-26DMI 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
RSI SHORT ENTRY LONG CLOSE70 crossover to 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).
2024-01-29CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-15WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-19MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26RSI SHORT ENTRY LONG CLOSE70 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-11WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-15WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-18STOCH 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-25RSI LONG ENTRY SHORT CLOSE30 crossover to upside
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).

6.3. Candlestick Patterns

ASIATIC GROUP (HOLDINGS) LTD Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of ASIATIC GROUP (HOLDINGS) LTD based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.592
Ma 20Greater thanMa 500.002
Ma 50Greater thanMa 1000.002
Ma 100Greater thanMa 2000.002
OpenGreater thanClose0.001
Total2/5 (40.0%)
Penke

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