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AbleGroup Bhd
Buy, Hold or Sell?

Let's analyse Ablegroup together

PenkeI guess you are interested in AbleGroup 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 AbleGroup 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 Ablegroup (30 sec.)










What can you expect buying and holding a share of Ablegroup? (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
RM0.16
Expected worth in 1 year
RM0.17
How sure are you?
52.9%

+ What do you gain per year?

Total Gains per Share
RM0.00
Return On Investment
1.9%

For what price can you sell your share?

Current Price per Share
RM0.11
Expected price per share
RM0.105 - RM0.115
How sure are you?
50%

1. Valuation of Ablegroup (5 min.)




Live pricePrice per Share (EOD)

RM0.11

Intrinsic Value Per Share

RM0.07 - RM0.09

Total Value Per Share

RM0.24 - RM0.25

2. Growth of Ablegroup (5 min.)




Is Ablegroup growing?

Current yearPrevious yearGrowGrow %
How rich?$9.1m$9m$55.9k0.6%

How much money is Ablegroup making?

Current yearPrevious yearGrowGrow %
Making money$29.7k-$33k$62.7k211.2%
Net Profit Margin10.0%-15.0%--

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

3. Financial Health of Ablegroup (5 min.)




4. Comparing to competitors in the Building Products & Equipment industry (5 min.)




  Industry Rankings (Building Products & Equipment)  

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

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

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

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

Speculation

The Price per Share of Ablegroup is RM0.11. 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 Ablegroup.
  • 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 Ablegroup, 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 RM0.16. 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 Ablegroup.

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 Eps0.000.3%0.000.1%0.00-0.1%0.00-0.1%0.00-0.1%
Usd Book Value Change Per Share0.000.3%0.000.1%0.000.0%0.003.3%0.003.3%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.000.3%0.000.1%0.000.0%0.003.3%0.003.3%
Usd Price Per Share0.02-0.03-0.03-0.02-0.02-
Price to Earnings Ratio20.50-330.62-133.82-98.16-98.16-
Price-to-Total Gains Ratio82.00-1,322.54-504.35-360.30-360.30-
Price to Book Ratio0.67-0.75-0.79-0.69-0.69-
Price-to-Total Gains Ratio82.00-1,322.54-504.35-360.30-360.30-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.023254
Number of shares43003
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 (43003 shares)4.84154.81
Gains per Year (43003 shares)19.36619.25
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
101990619609
203928012391228
305847018581847
407766024772466
509785030963085
60116104037163704
70136123043354323
80155142049544942
90174161055735561
100194180061936180

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%7.05.00.058.3%8.09.00.047.1%8.09.00.047.1%8.013.00.038.1%
Book Value Change Per Share4.00.00.0100.0%7.05.00.058.3%9.08.00.052.9%9.08.00.052.9%9.012.00.042.9%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.017.00.0%0.00.017.00.0%0.00.021.00.0%
Total Gains per Share4.00.00.0100.0%7.05.00.058.3%9.08.00.052.9%9.08.00.052.9%9.012.00.042.9%

Fundamentals of Ablegroup

About AbleGroup Bhd

AbleGroup Berhad, an investment holding company, engages in the processing, trading, export, and contract workmanship of marble and granite slabs in Malaysia. It operates through, Building Material and Property Development segments. The company supplies, delivers, and installs stone and tiling works. It is also involved in the property development business. The company was formerly known as Gefung Holdings Berhad and changed its name to AbleGroup Berhad in June 2012. The company was incorporated in 2004 and is based in Kuala Lumpur, Malaysia. AbleGroup Berhad operates as a subsidiary of Parallel Pinnacle Sdn Bhd.

Fundamental data was last updated by Penke on 2024-03-08 05:27:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge 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 operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of AbleGroup Bhd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Ablegroup to the Building Products & Equipment industry mean.
  • A Net Profit Margin of 26.3% means that RM0.26 for each RM1 in revenue is generated as profit.

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

  • The MRQ is 26.3%. The company is making a huge profit. +2
  • The TTM is 10.0%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ26.3%TTM10.0%+16.3%
TTM10.0%YOY-15.0%+25.0%
TTM10.0%5Y-15.8%+25.8%
5Y-15.8%10Y-15.8%0.0%
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ26.3%4.5%+21.8%
TTM10.0%4.4%+5.6%
YOY-15.0%5.7%-20.7%
5Y-15.8%5.0%-20.8%
10Y-15.8%4.9%-20.7%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Ablegroup to the Building Products & Equipment industry mean.
  • 0.8% Return on Assets means that Ablegroup generated RM0.01 profit for each $1 in assets.

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

  • The MRQ is 0.8%. 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+/- 
MRQ0.8%TTM0.3%+0.5%
TTM0.3%YOY-0.3%+0.7%
TTM0.3%5Y-0.2%+0.5%
5Y-0.2%10Y-0.2%0.0%
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8%1.5%-0.7%
TTM0.3%1.4%-1.1%
YOY-0.3%1.9%-2.2%
5Y-0.2%1.6%-1.8%
10Y-0.2%1.6%-1.8%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Ablegroup to the Building Products & Equipment industry mean.
  • 0.8% Return on Equity means Ablegroup generated RM0.01 for each RM1 the owners (shareholders) invested.

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

  • The MRQ is 0.8%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.3%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.8%TTM0.3%+0.5%
TTM0.3%YOY-0.4%+0.7%
TTM0.3%5Y-0.2%+0.5%
5Y-0.2%10Y-0.2%0.0%
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8%3.2%-2.4%
TTM0.3%3.0%-2.7%
YOY-0.4%3.5%-3.9%
5Y-0.2%3.2%-3.4%
10Y-0.2%3.2%-3.4%

1.2. Operating Efficiency of AbleGroup Bhd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Ablegroup is operating .

  • Measures how much profit Ablegroup 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 Ablegroup to the Building Products & Equipment 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 AbleGroup Bhd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM2.9%-2.9%
TTM2.9%YOY1.5%+1.4%
TTM2.9%5Y-4.5%+7.4%
5Y-4.5%10Y-4.5%0.0%
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.4%-7.4%
TTM2.9%5.5%-2.6%
YOY1.5%7.5%-6.0%
5Y-4.5%7.3%-11.8%
10Y-4.5%6.7%-11.2%
1.2.2. Operating Ratio

Measures how efficient Ablegroup is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Building Products & Equipment industry mean).
  • An Operation Ratio of 1.33 means that the operating costs are RM1.33 for each RM1 in net sales.

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

  • The MRQ is 1.325. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.569. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.325TTM1.569-0.243
TTM1.569YOY1.840-0.272
TTM1.5695Y1.844-0.275
5Y1.84410Y1.8440.000
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3251.393-0.068
TTM1.5691.308+0.261
YOY1.8401.146+0.694
5Y1.8441.187+0.657
10Y1.8441.111+0.733

1.3. Liquidity of AbleGroup Bhd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Building Products & Equipment industry mean).
  • A Current Ratio of 4.43 means the company has RM4.43 in assets for each RM1 in short-term debts.

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

  • The MRQ is 4.432. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.688. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ4.432TTM3.688+0.744
TTM3.688YOY4.060-0.372
TTM3.6885Y4.122-0.434
5Y4.12210Y4.1220.000
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ4.4321.685+2.747
TTM3.6881.670+2.018
YOY4.0601.688+2.372
5Y4.1221.664+2.458
10Y4.1221.528+2.594
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Ablegroup to the Building Products & Equipment industry mean.
  • A Quick Ratio of 2.74 means the company can pay off RM2.74 for each RM1 in debt (using most liquid assets).

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

  • The MRQ is 2.736. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 3.065. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.736TTM3.065-0.329
TTM3.065YOY3.536-0.471
TTM3.0655Y3.004+0.060
5Y3.00410Y3.0040.000
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ2.7360.753+1.983
TTM3.0650.757+2.308
YOY3.5360.827+2.709
5Y3.0040.880+2.124
10Y3.0040.855+2.149

1.4. Solvency of AbleGroup Bhd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Ablegroup to Building Products & Equipment industry mean.
  • A Debt to Asset Ratio of 0.05 means that Ablegroup assets are financed with 5.2% credit (debt) and the remaining percentage (100% - 5.2%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.052. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.058. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.052TTM0.058-0.007
TTM0.058YOY0.041+0.017
TTM0.0585Y0.056+0.002
5Y0.05610Y0.0560.000
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0520.488-0.436
TTM0.0580.489-0.431
YOY0.0410.488-0.447
5Y0.0560.514-0.458
10Y0.0560.505-0.449
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Ablegroup to the Building Products & Equipment industry mean.
  • A Debt to Equity ratio of 5.5% means that company has RM0.05 debt for each RM1 in shareholders equity.

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

  • The MRQ is 0.055. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.062. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.055TTM0.062-0.007
TTM0.062YOY0.043+0.019
TTM0.0625Y0.060+0.002
5Y0.06010Y0.0600.000
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0550.903-0.848
TTM0.0620.968-0.906
YOY0.0430.952-0.909
5Y0.0601.106-1.046
10Y0.0601.086-1.026

2. Market Valuation of AbleGroup 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 Ablegroup generates.

  • Above 15 is considered overpriced but always compare Ablegroup to the Building Products & Equipment industry mean.
  • A PE ratio of 20.50 means the investor is paying RM20.50 for every RM1 in earnings.

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

  • The EOD is 20.501. Based on the earnings, the company is fair priced.
  • The MRQ is 20.501. Based on the earnings, the company is fair priced.
  • The TTM is 330.618. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD20.501MRQ20.5010.000
MRQ20.501TTM330.618-310.118
TTM330.618YOY133.823+196.795
TTM330.6185Y98.156+232.463
5Y98.15610Y98.1560.000
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD20.50114.446+6.055
MRQ20.50112.925+7.576
TTM330.61812.349+318.269
YOY133.82312.804+121.019
5Y98.15617.742+80.414
10Y98.15618.287+79.869
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 14.457. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 14.457. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 38.825. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD14.457MRQ14.4570.000
MRQ14.457TTM38.825-24.368
TTM38.825YOY39.023-0.198
TTM38.8255Y16.130+22.695
5Y16.13010Y16.1300.000
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD14.4575.957+8.500
MRQ14.4575.482+8.975
TTM38.8253.859+34.966
YOY39.0234.462+34.561
5Y16.1303.607+12.523
10Y16.1304.254+11.876
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Building Products & Equipment industry mean).
  • A PB ratio of 0.67 means the investor is paying RM0.67 for each RM1 in book value.

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

  • The EOD is 0.669. Based on the equity, the company is cheap. +2
  • The MRQ is 0.669. Based on the equity, the company is cheap. +2
  • The TTM is 0.750. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.669MRQ0.6690.000
MRQ0.669TTM0.750-0.081
TTM0.750YOY0.785-0.035
TTM0.7505Y0.687+0.064
5Y0.68710Y0.6870.000
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD0.6691.773-1.104
MRQ0.6691.881-1.212
TTM0.7501.910-1.160
YOY0.7852.070-1.285
5Y0.6871.990-1.303
10Y0.6872.099-1.412
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of AbleGroup 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--0.0010.001+152%0.000+115%0.017-92%0.017-92%
Book Value Per Share--0.1640.163+1%0.162+1%0.163+1%0.163+1%
Current Ratio--4.4323.688+20%4.060+9%4.122+8%4.122+8%
Debt To Asset Ratio--0.0520.058-11%0.041+26%0.056-8%0.056-8%
Debt To Equity Ratio--0.0550.062-12%0.043+27%0.060-9%0.060-9%
Dividend Per Share----0%-0%-0%-0%
Eps--0.0010.001+152%-0.001+144%0.000+121%0.000+121%
Free Cash Flow Per Share--0.0020.001+55%0.001+220%0.000+342%0.000+342%
Free Cash Flow To Equity Per Share--0.0020.001+77%0.000+1008%0.000+2788%0.000+2788%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--0.088--------
Intrinsic Value_10Y_min--0.074--------
Intrinsic Value_1Y_max--0.003--------
Intrinsic Value_1Y_min--0.003--------
Intrinsic Value_3Y_max--0.014--------
Intrinsic Value_3Y_min--0.013--------
Intrinsic Value_5Y_max--0.030--------
Intrinsic Value_5Y_min--0.027--------
Market Cap29029000.0000%29029000.00032327750.000-10%33647250.000-14%29678647.059-2%29678647.059-2%
Net Profit Margin--0.2630.100+163%-0.150+157%-0.158+160%-0.158+160%
Operating Margin---0.029-100%0.015-100%-0.0450%-0.0450%
Operating Ratio--1.3251.569-16%1.840-28%1.844-28%1.844-28%
Pb Ratio0.6690%0.6690.750-11%0.785-15%0.687-3%0.687-3%
Pe Ratio20.5010%20.501330.618-94%133.823-85%98.156-79%98.156-79%
Price Per Share0.1100%0.1100.123-10%0.128-14%0.112-2%0.112-2%
Price To Free Cash Flow Ratio14.4570%14.45738.825-63%39.023-63%16.130-10%16.130-10%
Price To Total Gains Ratio82.0030%82.0031322.536-94%504.348-84%360.304-77%360.304-77%
Quick Ratio--2.7363.065-11%3.536-23%3.004-9%3.004-9%
Return On Assets--0.0080.003+152%-0.003+145%-0.002+121%-0.002+121%
Return On Equity--0.0080.003+151%-0.004+145%-0.002+121%-0.002+121%
Total Gains Per Share--0.0010.001+152%0.000+115%0.017-92%0.017-92%
Usd Book Value--9174760.0009112946.112+1%9056957.350+1%9154159.567+0%9154159.567+0%
Usd Book Value Change Per Share--0.0000.000+152%0.000+115%0.004-92%0.004-92%
Usd Book Value Per Share--0.0350.035+1%0.034+1%0.035+1%0.035+1%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0000.000+152%0.000+144%0.000+121%0.000+121%
Usd Free Cash Flow--106122.80068355.609+55%33182.560+220%21203.233+401%21203.233+401%
Usd Free Cash Flow Per Share--0.0000.000+55%0.000+220%0.000+342%0.000+342%
Usd Free Cash Flow To Equity Per Share--0.0000.000+77%0.000+1008%0.000+2788%0.000+2788%
Usd Market Cap6136730.6000%6136730.6006834086.350-10%7113028.650-14%6274065.988-2%6274065.988-2%
Usd Price Per Share0.0230%0.0230.026-10%0.027-14%0.024-2%0.024-2%
Usd Profit--74835.60029708.042+152%-33031.250+144%-15967.166+121%-15967.166+121%
Usd Revenue--284121.600305002.635-7%215628.000+32%228061.056+25%228061.056+25%
Usd Total Gains Per Share--0.0000.000+152%0.000+115%0.004-92%0.004-92%
 EOD+0 -0MRQTTM+26 -7YOY+25 -85Y+23 -910Y+23 -9

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1520.501
Price to Book Ratio (EOD)Between0-10.669
Net Profit Margin (MRQ)Greater than00.263
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than12.736
Current Ratio (MRQ)Greater than14.432
Debt to Asset Ratio (MRQ)Less than10.052
Debt to Equity Ratio (MRQ)Less than10.055
Return on Equity (MRQ)Greater than0.150.008
Return on Assets (MRQ)Greater than0.050.008
Total6/10 (60.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.105
Total0/1 (0.0%)



Latest Balance Sheet

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

Summary
Total Assets45,778
Total Liabilities2,378
Total Stockholder Equity43,400
 As reported
Total Liabilities 2,378
Total Stockholder Equity+ 43,400
Total Assets = 45,778

Assets

Total Assets45,778
Total Current Assets8,283
Long-term Assets37,495
Total Current Assets
Cash And Cash Equivalents 154
Short-term Investments 4,029
Net Receivables 1,084
Inventory 2,690
Total Current Assets  (as reported)8,283
Total Current Assets  (calculated)7,957
+/- 326
Long-term Assets
Property Plant Equipment 1,087
Long-term Assets Other 36,403
Long-term Assets  (as reported)37,495
Long-term Assets  (calculated)37,490
+/- 5

Liabilities & Shareholders' Equity

Total Current Liabilities1,869
Long-term Liabilities509
Total Stockholder Equity43,400
Total Current Liabilities
Accounts payable 1,660
Total Current Liabilities  (as reported)1,869
Total Current Liabilities  (calculated)1,660
+/- 209
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt718
Long-term Liabilities  (as reported)509
Long-term Liabilities  (calculated)718
+/- 209
Total Stockholder Equity
Retained Earnings 3,815
Total Stockholder Equity (as reported)43,400
Total Stockholder Equity (calculated)3,815
+/- 39,585
Other
Capital Stock39,585
Common Stock Shares Outstanding 263,900
Net Invested Capital 43,400
Net Working Capital 6,414
Property Plant and Equipment Gross 1,087



Balance Sheet

Currency in MYR. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302006-06-302006-03-312005-12-312005-09-30
> Total Assets 
72,000
71,000
69,000
67,000
47,925
48,471
47,290
46,388
46,227
46,648
45,521
45,024
45,154
44,950
44,192
44,210
45,390
45,641
46,078
45,645
45,778
45,77845,64546,07845,64145,39044,21044,19244,95045,15445,02445,52146,64846,22746,38847,29048,47147,92567,00069,00071,00072,000
   > Total Current Assets 
4,000
4,000
4,000
4,000
46,688
10,141
9,031
8,202
8,089
8,584
7,523
7,099
7,302
7,172
6,578
6,669
7,922
9,081
8,446
8,081
8,283
8,2838,0818,4469,0817,9226,6696,5787,1727,3027,0997,5238,5848,0898,2029,03110,14146,6884,0004,0004,0004,000
       Cash And Cash Equivalents 
0
0
0
0
185
606
477
164
201
125
80
163
323
206
488
263
289
216
187
137
154
154137187216289263488206323163801252011644776061850000
       Short-term Investments 
0
0
0
0
3,069
1,741
1,765
1,812
1,912
1,800
2,100
1,500
1,500
1,700
2,000
2,000
2,002
2,312
2,727
2,836
4,029
4,0292,8362,7272,3122,0022,0002,0001,7001,5001,5002,1001,8001,9121,8121,7651,7413,0690000
       Net Receivables 
3,000
3,000
3,000
3,000
3,234
4,974
3,985
3,377
2,993
3,717
2,501
2,525
2,579
2,399
1,335
1,549
2,712
3,048
2,285
1,854
1,084
1,0841,8542,2853,0482,7121,5491,3352,3992,5792,5252,5013,7172,9933,3773,9854,9743,2343,0003,0003,0003,000
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
564
564
564
0
056456456400000000000000000
   > Long-term Assets 
0
0
0
0
1,237
38,330
38,259
38,186
38,138
38,065
37,998
37,925
37,852
37,778
37,614
37,541
37,468
37,701
37,632
37,564
37,495
37,49537,56437,63237,70137,46837,54137,61437,77837,85237,92537,99838,06538,13838,18638,25938,3301,2370000
       Property Plant Equipment 
0
0
0
0
0
1,247
1,178
1,109
1,040
970
907
838
769
700
631
562
493
1,292
1,224
1,156
1,087
1,0871,1561,2241,2924935626317007698389079701,0401,1091,1781,24700000
       Other Assets 
0
0
0
0
0
36,472
36,474
36,474
36,499
36,499
36,500
36,500
36,500
36,499
36,408
36,408
36,975
36,408
36,408
36,408
0
036,40836,40836,40836,97536,40836,40836,49936,50036,50036,50036,49936,49936,47436,47436,47200000
> Total Liabilities 
99,000
99,000
100,000
100,000
3,794
4,308
3,487
2,907
2,789
3,076
2,067
1,780
2,098
2,072
1,294
1,453
2,552
2,696
3,039
2,599
2,378
2,3782,5993,0392,6962,5521,4531,2942,0722,0981,7802,0673,0762,7892,9073,4874,3083,794100,000100,00099,00099,000
   > Total Current Liabilities 
98,000
99,000
99,000
99,000
3,794
3,865
3,097
2,571
2,507
2,849
1,896
1,665
2,040
2,072
1,294
1,453
2,552
3,169
2,424
2,036
1,869
1,8692,0362,4243,1692,5521,4531,2942,0722,0401,6651,8962,8492,5072,5713,0973,8653,79499,00099,00099,00098,000
       Short-term Debt 
81,000
82,000
82,000
83,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000083,00082,00082,00081,000
       Short Long Term Debt 
81,000
82,000
82,000
83,000
429
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000042983,00082,00082,00081,000
       Accounts payable 
8,000
7,000
7,000
8,000
3,365
906
2,889
2,332
2,266
473
1,677
1,444
1,816
377
1,123
1,338
2,494
2,968
2,220
1,830
1,660
1,6601,8302,2202,9682,4941,3381,1233771,8161,4441,6774732,2662,3322,8899063,3658,0007,0007,0008,000
       Other Current Liabilities 
9,000
10,000
9,000
9,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000009,0009,00010,0009,000
   > Long-term Liabilities 
0
0
0
0
0
443
390
336
282
227
171
115
58
0
0
0
0
667
615
563
509
50956361566700005811517122728233639044300000
       Long term Debt Total 
0
0
0
0
0
0
0
0
282
227
171
115
58
0
0
0
0
667
615
563
0
056361566700005811517122728200000000
> Total Stockholder Equity
0
0
0
0
44,131
44,163
43,803
43,481
43,438
43,572
43,454
43,244
43,056
42,878
42,898
42,757
42,838
42,945
43,039
43,046
43,400
43,40043,04643,03942,94542,83842,75742,89842,87843,05643,24443,45443,57243,43843,48143,80344,16344,1310000
   Common Stock
44,000
44,000
44,000
44,000
0
39,585
39,585
39,585
39,585
39,585
39,585
39,585
39,585
39,585
39,585
39,585
39,585
39,585
39,585
39,585
0
039,58539,58539,58539,58539,58539,58539,58539,58539,58539,58539,58539,58539,58539,58539,585044,00044,00044,00044,000
   Retained Earnings 
-83,000
-86,000
-88,000
-90,000
4,955
4,578
4,218
3,896
3,853
3,987
3,869
3,659
3,471
3,293
3,313
3,172
3,253
3,360
3,454
3,461
3,815
3,8153,4613,4543,3603,2533,1723,3133,2933,4713,6593,8693,9873,8533,8964,2184,5784,955-90,000-88,000-86,000-83,000
   Capital Surplus 000000000000000000000
   Treasury Stock000000000000000000000
   Other Stockholders Equity 000000000000000000000



Balance Sheet

Currency in MYR. All numbers in thousands.




Cash Flow

Currency in MYR. All numbers in thousands.




Income Statement

Currency in MYR. All numbers in thousands.


Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue4,450
Cost of Revenue-2,908
Gross Profit1,5421,542
 
Operating Income (+$)
Gross Profit1,542
Operating Expense-4,421
Operating Income74-2,878
 
Operating Expense (+$)
Research Development-
Selling General Administrative16
Selling And Marketing Expenses-
Operating Expense4,42116
 
Net Interest Income (+$)
Interest Income6
Interest Expense-6
Other Finance Cost-33
Net Interest Income33
 
Pretax Income (+$)
Operating Income74
Net Interest Income33
Other Non-Operating Income Expenses-
Income Before Tax (EBT)6774
EBIT - interestExpense = 29
67
74
Interest Expense6
Earnings Before Interest and Taxes (EBIT)3574
Earnings Before Interest and Taxes (EBITDA)364
 
After tax Income (+$)
Income Before Tax67
Tax Provision-0
Net Income From Continuing Ops6767
Net Income67
Net Income Applicable To Common Shares67
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses96
Total Other Income/Expenses Net--33
 

Technical Analysis of Ablegroup
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 Ablegroup. The general trend of Ablegroup is UNKNOWN with 0.0% 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 Ablegroup'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 StateBullish trend Bearish trend
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 AbleGroup Bhd.

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

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

The bullish price targets are: 0.115 < 0.115 < 0.115.

The bearish price targets are: 0.105 > 0.105 > 0.105.

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AbleGroup 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 AbleGroup Bhd. The current mas is .

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

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

AbleGroup 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 AbleGroup Bhd.

AbleGroup Bhd Daily Moving Average Convergence/Divergence (MACD) ChartAbleGroup 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 AbleGroup Bhd. The current adx is .

AbleGroup 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 AbleGroup Bhd.

AbleGroup 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 AbleGroup Bhd.

AbleGroup Bhd Daily Relative Strength Index (RSI) ChartAbleGroup 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 AbleGroup Bhd.

AbleGroup Bhd Daily Stochastic Oscillator ChartAbleGroup 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 AbleGroup Bhd.

AbleGroup Bhd Daily Commodity Channel Index (CCI) ChartAbleGroup 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 AbleGroup Bhd.

AbleGroup Bhd Daily Chande Momentum Oscillator (CMO) ChartAbleGroup 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 AbleGroup Bhd.

AbleGroup Bhd Daily Williams %R ChartAbleGroup 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 AbleGroup Bhd.

AbleGroup 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 AbleGroup Bhd.

AbleGroup Bhd Daily Average True Range (ATR) ChartAbleGroup 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 AbleGroup Bhd.

AbleGroup Bhd Daily On-Balance Volume (OBV) ChartAbleGroup 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 AbleGroup Bhd.

AbleGroup Bhd Daily Money Flow Index (MFI) ChartAbleGroup Bhd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

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

6.3. Candlestick Patterns

AbleGroup Bhd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.105
Total0/1 (0.0%)
Penke

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