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Oka Corporation Bhd
Buy, Hold or Sell?

Let's analyse Oka together

PenkeI guess you are interested in Oka Corporation 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 Oka Corporation 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 Oka (30 sec.)










What can you expect buying and holding a share of Oka? (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?
36.0%

What is your share worth?

Current worth
RM0.78
Expected worth in 1 year
RM0.76
How sure are you?
84.0%

+ What do you gain per year?

Total Gains per Share
RM0.01
Return On Investment
1.3%

For what price can you sell your share?

Current Price per Share
RM0.69
Expected price per share
RM0.68 - RM0.73
How sure are you?
50%

1. Valuation of Oka (5 min.)




Live pricePrice per Share (EOD)

RM0.69

Intrinsic Value Per Share

RM-0.45 - RM-0.54

Total Value Per Share

RM0.33 - RM0.23

2. Growth of Oka (5 min.)




Is Oka growing?

Current yearPrevious yearGrowGrow %
How rich?$40.2m$40.6m-$796.3k-2.0%

How much money is Oka making?

Current yearPrevious yearGrowGrow %
Making money$256.6k$935.1k-$678.5k-264.4%
Net Profit Margin3.0%12.2%--

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

3. Financial Health of Oka (5 min.)




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




  Industry Rankings (Building Materials)  

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

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

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

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

Speculation

The Price per Share of Oka is RM0.69. 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 Oka.
  • 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 Oka, 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 RM0.78. 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 RM0.01 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 RM0.01 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Oka.

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%0.000.6%0.000.4%0.000.4%
Usd Book Value Change Per Share0.000.0%0.00-0.1%0.000.2%0.000.4%0.011.0%
Usd Dividend Per Share0.000.0%0.000.2%0.000.7%0.000.4%0.000.3%
Usd Total Gains Per Share0.000.0%0.000.1%0.010.9%0.010.8%0.011.3%
Usd Price Per Share0.14-0.15-0.17-0.15-0.16-
Price to Earnings Ratio15.51-7.87-16.16-16.15-16.56-
Price-to-Total Gains Ratio-18,540.98--4,619.65-53.03--924.68--712.85-
Price to Book Ratio0.88-0.91-1.03-0.95-1.20-
Price-to-Total Gains Ratio-18,540.98--4,619.65-53.03--924.68--712.85-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.145866
Number of shares6855
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.01
Gains per Quarter (6855 shares)3.1837.59
Gains per Year (6855 shares)12.74150.37
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
132-1937773140
264-3816154146290
396-5729232220440
4128-7742309293590
5159-9655386366740
6191-11568463439890
7223-134815405121040
8255-153946185851190
9287-1721076956591340
10319-1911207727321490

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%11.01.00.091.7%18.01.00.094.7%24.01.00.096.0%24.01.00.096.0%
Book Value Change Per Share2.02.00.050.0%7.05.00.058.3%11.08.00.057.9%15.010.00.060.0%15.010.00.060.0%
Dividend per Share1.00.03.025.0%6.00.06.050.0%9.00.010.047.4%9.00.016.036.0%9.00.016.036.0%
Total Gains per Share2.02.00.050.0%10.02.00.083.3%17.02.00.089.5%21.04.00.084.0%21.04.00.084.0%

Fundamentals of Oka

About Oka Corporation Bhd

OKA Corporation Bhd, an investment holding company, engages in the manufacture and sale of pre-cast concrete products for the infrastructure, sewerage, construction, and highway industries in Malaysia. Its products include arch bridge systems, box culverts, precast caisson chamber rings, industrialized building systems, jacking and large diameter pipes, L-shape walls, manholes, porous pipes, precast concrete piles, precast concrete pipes, pre-stressed concrete piles, septic tanks, T-beams/M-beams, U-shape drains, and ready mixed concrete. The company also offers channels, fencing posts, filter slabs, gross pollutant traps, manholes with HDPE lining, meter boxes, parapet panels, precast jetties and marinas, pre-stressed beams, PVC and HDPE lining pipes, sacrificial lining and HAC lining pipes, sewerage manholes, steel cladded pipes, staircases, Telekom manholes, TNB manholes, etc. In addition, it is involved in the trade of ready-mixed concrete and pre-stressed concrete piles; manufacture of steel products, hard drawn wires, straight bars, and wire mesh; fabrication of molds; provision of transportation and other related services; and supply of manual labors to perform contracted jobs and other related services. The company was founded in 1981 and is headquartered in Ipoh, Malaysia.

Fundamental data was last updated by Penke on 2024-03-08 05:42:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is less efficient 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 underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Oka Corporation Bhd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Oka to the Building Materials industry mean.
  • A Net Profit Margin of 7.0% means that RM0.07 for each RM1 in revenue is generated as profit.

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

  • The MRQ is 7.0%. The company is making a profit. +1
  • The TTM is 3.0%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ7.0%TTM3.0%+4.0%
TTM3.0%YOY12.2%-9.2%
TTM3.0%5Y9.9%-6.9%
5Y9.9%10Y10.4%-0.5%
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ7.0%5.7%+1.3%
TTM3.0%5.7%-2.7%
YOY12.2%6.4%+5.8%
5Y9.9%5.8%+4.1%
10Y10.4%5.8%+4.6%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Oka to the Building Materials industry mean.
  • 1.2% Return on Assets means that Oka generated RM0.01 profit for each $1 in assets.

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

  • The MRQ is 1.2%. Using its assets, the company is less efficient in making profit.
  • The TTM is 0.5%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.2%TTM0.5%+0.7%
TTM0.5%YOY2.0%-1.5%
TTM0.5%5Y1.5%-1.0%
5Y1.5%10Y1.9%-0.4%
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2%1.6%-0.4%
TTM0.5%1.5%-1.0%
YOY2.0%1.6%+0.4%
5Y1.5%1.7%-0.2%
10Y1.9%1.8%+0.1%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Oka to the Building Materials industry mean.
  • 1.4% Return on Equity means Oka generated RM0.01 for each RM1 the owners (shareholders) invested.

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

  • The MRQ is 1.4%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.6%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.4%TTM0.6%+0.8%
TTM0.6%YOY2.3%-1.7%
TTM0.6%5Y1.7%-1.1%
5Y1.7%10Y1.3%+0.4%
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4%2.6%-1.2%
TTM0.6%2.7%-2.1%
YOY2.3%3.2%-0.9%
5Y1.7%3.1%-1.4%
10Y1.3%3.1%-1.8%

1.2. Operating Efficiency of Oka Corporation Bhd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Oka is operating .

  • Measures how much profit Oka 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 Oka to the Building Materials industry mean.
  • An Operating Margin of 0.0% means the company generated RM0.00  for each RM1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Oka Corporation Bhd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-2.2%+2.2%
TTM-2.2%YOY5.8%-8.0%
TTM-2.2%5Y4.6%-6.8%
5Y4.6%10Y7.3%-2.7%
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ-9.6%-9.6%
TTM-2.2%5.9%-8.1%
YOY5.8%10.7%-4.9%
5Y4.6%10.0%-5.4%
10Y7.3%8.4%-1.1%
1.2.2. Operating Ratio

Measures how efficient Oka is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Building Materials industry mean).
  • An Operation Ratio of 0.91 means that the operating costs are RM0.91 for each RM1 in net sales.

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

  • The MRQ is 0.915. The company is less efficient in keeping operating costs low.
  • The TTM is 0.988. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.915TTM0.988-0.074
TTM0.988YOY0.877+0.111
TTM0.9885Y0.846+0.143
5Y0.84610Y1.039-0.194
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9151.536-0.621
TTM0.9881.530-0.542
YOY0.8771.390-0.513
5Y0.8461.325-0.479
10Y1.0391.151-0.112

1.3. Liquidity of Oka Corporation Bhd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Building Materials industry mean).
  • A Current Ratio of 3.82 means the company has RM3.82 in assets for each RM1 in short-term debts.

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

  • The MRQ is 3.822. The company is very able to pay all its short-term debts. +2
  • The TTM is 4.018. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.822TTM4.018-0.196
TTM4.018YOY5.059-1.041
TTM4.0185Y5.323-1.305
5Y5.32310Y4.875+0.448
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ3.8221.502+2.320
TTM4.0181.485+2.533
YOY5.0591.516+3.543
5Y5.3231.550+3.773
10Y4.8751.388+3.487
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Oka to the Building Materials industry mean.
  • A Quick Ratio of 1.13 means the company can pay off RM1.13 for each RM1 in debt (using most liquid assets).

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

  • The MRQ is 1.130. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.766. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.130TTM1.766-0.636
TTM1.766YOY3.051-1.285
TTM1.7665Y3.119-1.353
5Y3.11910Y2.776+0.343
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1300.734+0.396
TTM1.7660.744+1.022
YOY3.0510.783+2.268
5Y3.1190.822+2.297
10Y2.7760.803+1.973

1.4. Solvency of Oka Corporation Bhd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Oka to Building Materials industry mean.
  • A Debt to Asset Ratio of 0.15 means that Oka assets are financed with 14.8% credit (debt) and the remaining percentage (100% - 14.8%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.148. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.141. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.148TTM0.141+0.007
TTM0.141YOY0.124+0.016
TTM0.1415Y0.119+0.022
5Y0.11910Y0.133-0.014
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1480.443-0.295
TTM0.1410.445-0.304
YOY0.1240.454-0.330
5Y0.1190.461-0.342
10Y0.1330.464-0.331
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Oka to the Building Materials industry mean.
  • A Debt to Equity ratio of 17.4% means that company has RM0.17 debt for each RM1 in shareholders equity.

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

  • The MRQ is 0.174. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.164. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.174TTM0.164+0.010
TTM0.164YOY0.143+0.022
TTM0.1645Y0.135+0.029
5Y0.13510Y0.103+0.032
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1740.873-0.699
TTM0.1640.906-0.742
YOY0.1430.876-0.733
5Y0.1350.940-0.805
10Y0.1030.977-0.874

2. Market Valuation of Oka Corporation 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 Oka generates.

  • Above 15 is considered overpriced but always compare Oka to the Building Materials industry mean.
  • A PE ratio of 15.51 means the investor is paying RM15.51 for every RM1 in earnings.

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

  • The EOD is 15.736. Based on the earnings, the company is fair priced.
  • The MRQ is 15.508. Based on the earnings, the company is fair priced.
  • The TTM is 7.872. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD15.736MRQ15.508+0.228
MRQ15.508TTM7.872+7.637
TTM7.872YOY16.158-8.286
TTM7.8725Y16.154-8.282
5Y16.15410Y16.564-0.411
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
EOD15.73612.355+3.381
MRQ15.50811.989+3.519
TTM7.87211.813-3.941
YOY16.1589.071+7.087
5Y16.15414.142+2.012
10Y16.56418.671-2.107
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 11.122. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 10.961. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 0.159. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD11.122MRQ10.961+0.161
MRQ10.961TTM0.159+10.802
TTM0.159YOY1.670-1.511
TTM0.1595Y-1.346+1.505
5Y-1.34610Y-1.023-0.323
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
EOD11.1226.668+4.454
MRQ10.9616.755+4.206
TTM0.1595.318-5.159
YOY1.6702.802-1.132
5Y-1.3464.712-6.058
10Y-1.0234.367-5.390
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Building Materials industry mean).
  • A PB ratio of 0.88 means the investor is paying RM0.88 for each RM1 in book value.

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

  • The EOD is 0.889. Based on the equity, the company is cheap. +2
  • The MRQ is 0.877. Based on the equity, the company is cheap. +2
  • The TTM is 0.910. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.889MRQ0.877+0.013
MRQ0.877TTM0.910-0.034
TTM0.910YOY1.025-0.115
TTM0.9105Y0.949-0.038
5Y0.94910Y1.196-0.248
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
EOD0.8891.264-0.375
MRQ0.8771.113-0.236
TTM0.9101.105-0.195
YOY1.0251.365-0.340
5Y0.9491.370-0.421
10Y1.1961.515-0.319
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Oka Corporation 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--0.000-0.003+8906%0.007-101%0.013-100%0.031-100%
Book Value Per Share--0.7760.768+1%0.784-1%0.755+3%0.688+13%
Current Ratio--3.8224.018-5%5.059-24%5.323-28%4.875-22%
Debt To Asset Ratio--0.1480.141+5%0.124+19%0.119+25%0.133+11%
Debt To Equity Ratio--0.1740.164+6%0.143+22%0.135+28%0.103+69%
Dividend Per Share---0.006-100%0.023-100%0.013-100%0.010-100%
Eps--0.0110.005+124%0.018-39%0.013-16%0.014-23%
Free Cash Flow Per Share--0.0160.001+1966%-0.003+122%0.003+381%0.003+381%
Free Cash Flow To Equity Per Share--0.016-0.005+131%-0.026+268%-0.011+173%-0.011+173%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---0.541--------
Intrinsic Value_10Y_min---0.445--------
Intrinsic Value_1Y_max--0.002--------
Intrinsic Value_1Y_min--0.002--------
Intrinsic Value_3Y_max---0.038--------
Intrinsic Value_3Y_min---0.035--------
Intrinsic Value_5Y_max---0.129--------
Intrinsic Value_5Y_min---0.116--------
Market Cap169322555.520+1%166868838.000171470000.813-3%196929768.375-15%176074493.803-5%194297616.416-14%
Net Profit Margin--0.0700.030+131%0.122-42%0.099-29%0.104-33%
Operating Margin----0.0220%0.058-100%0.046-100%0.073-100%
Operating Ratio--0.9150.988-7%0.877+4%0.846+8%1.039-12%
Pb Ratio0.889+1%0.8770.910-4%1.025-14%0.949-8%1.196-27%
Pe Ratio15.736+1%15.5087.872+97%16.158-4%16.154-4%16.564-6%
Price Per Share0.690+1%0.6800.699-3%0.803-15%0.717-5%0.755-10%
Price To Free Cash Flow Ratio11.122+1%10.9610.159+6795%1.670+556%-1.346+112%-1.023+109%
Price To Total Gains Ratio-18813.644-1%-18540.982-4619.647-75%53.027-35065%-924.680-95%-712.855-96%
Quick Ratio--1.1301.766-36%3.051-63%3.119-64%2.776-59%
Return On Assets--0.0120.005+119%0.020-40%0.015-21%0.019-36%
Return On Equity--0.0140.006+123%0.023-38%0.017-18%0.013+8%
Total Gains Per Share--0.0000.002-102%0.030-100%0.026-100%0.041-100%
Usd Book Value--40245275.00039854190.814+1%40650575.308-1%39184872.128+3%36266254.817+11%
Usd Book Value Change Per Share--0.000-0.001+8906%0.001-101%0.003-100%0.007-100%
Usd Book Value Per Share--0.1640.162+1%0.166-1%0.160+3%0.145+13%
Usd Dividend Per Share---0.001-100%0.005-100%0.003-100%0.002-100%
Usd Eps--0.0020.001+124%0.004-39%0.003-16%0.003-23%
Usd Free Cash Flow--804588.40038947.015+1966%-174171.192+122%140730.905+472%106955.488+652%
Usd Free Cash Flow Per Share--0.0030.000+1966%-0.001+122%0.001+381%0.001+381%
Usd Free Cash Flow To Equity Per Share--0.003-0.001+131%-0.006+268%-0.002+173%-0.002+173%
Usd Market Cap35794788.237+1%35276072.35336248758.172-3%41630953.034-15%37222147.990-5%41074516.110-14%
Usd Price Per Share0.146+1%0.1440.148-3%0.170-15%0.152-5%0.160-10%
Usd Profit--568666.000256640.657+122%935180.750-39%676745.474-16%751094.560-24%
Usd Revenue--8100213.8007190373.568+13%7405606.250+9%6578462.138+23%6995247.225+16%
Usd Total Gains Per Share--0.0000.000-102%0.006-100%0.005-100%0.009-100%
 EOD+3 -5MRQTTM+20 -14YOY+9 -265Y+12 -2310Y+14 -21

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1515.736
Price to Book Ratio (EOD)Between0-10.889
Net Profit Margin (MRQ)Greater than00.070
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.130
Current Ratio (MRQ)Greater than13.822
Debt to Asset Ratio (MRQ)Less than10.148
Debt to Equity Ratio (MRQ)Less than10.174
Return on Equity (MRQ)Greater than0.150.014
Return on Assets (MRQ)Greater than0.050.012
Total6/10 (60.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5040.230
Ma 20Greater thanMa 500.702
Ma 50Greater thanMa 1000.710
Ma 100Greater thanMa 2000.707
OpenGreater thanClose0.695
Total3/5 (60.0%)



Latest Balance Sheet

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

Summary
Total Assets223,469
Total Liabilities33,094
Total Stockholder Equity190,375
 As reported
Total Liabilities 33,094
Total Stockholder Equity+ 190,375
Total Assets = 223,469

Assets

Total Assets223,469
Total Current Assets126,477
Long-term Assets96,992
Total Current Assets
Cash And Cash Equivalents 29,458
Net Receivables 37,398
Inventory 49,158
Total Current Assets  (as reported)126,477
Total Current Assets  (calculated)116,014
+/- 10,463
Long-term Assets
Property Plant Equipment 93,241
Long-term Assets  (as reported)96,992
Long-term Assets  (calculated)93,241
+/- 3,751

Liabilities & Shareholders' Equity

Total Current Liabilities33,094
Long-term Liabilities0
Total Stockholder Equity190,375
Total Current Liabilities
Total Current Liabilities  (as reported)33,094
Total Current Liabilities  (calculated)0
+/- 33,094
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Retained Earnings 102,535
Total Stockholder Equity (as reported)190,375
Total Stockholder Equity (calculated)102,535
+/- 87,840
Other
Capital Stock87,837
Common Stock Shares Outstanding 245,395
Net Invested Capital 190,375
Net Working Capital 93,383
Property Plant and Equipment Gross 93,241



Balance Sheet

Currency in MYR. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-31
> Total Assets 
154,000
154,000
149,000
155,000
157,000
165,000
199,479
202,996
201,259
201,701
194,337
205,145
204,878
211,025
202,056
206,975
212,519
219,129
217,915
221,927
219,483
218,163
217,104
219,100
223,469
223,469219,100217,104218,163219,483221,927217,915219,129212,519206,975202,056211,025204,878205,145194,337201,701201,259202,996199,479165,000157,000155,000149,000154,000154,000
   > Total Current Assets 
90,000
89,000
86,000
92,000
95,000
102,000
123,562
127,483
125,670
126,585
118,609
127,466
127,190
133,928
125,774
130,907
136,064
139,536
137,930
142,165
124,633
123,056
121,912
123,266
126,477
126,477123,266121,912123,056124,633142,165137,930139,536136,064130,907125,774133,928127,190127,466118,609126,585125,670127,483123,562102,00095,00092,00086,00089,00090,000
       Cash And Cash Equivalents 
5,000
7,000
5,000
15,000
17,000
28,000
47,174
50,147
50,888
52,065
47,049
45,383
46,399
52,538
48,048
55,815
49,006
48,572
42,660
46,906
35,705
3,897
31,725
28,053
29,458
29,45828,05331,7253,89735,70546,90642,66048,57249,00655,81548,04852,53846,39945,38347,04952,06550,88850,14747,17428,00017,00015,0005,0007,0005,000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
32,338
0
0
0
00032,338000000000000000000000
       Net Receivables 
48,000
46,000
46,000
44,000
46,000
42,000
31,261
33,438
30,230
27,231
21,334
31,663
30,759
34,346
28,989
22,786
31,118
34,602
37,587
43,847
37,712
39,286
39,829
35,769
37,398
37,39835,76939,82939,28637,71243,84737,58734,60231,11822,78628,98934,34630,75931,66321,33427,23130,23033,43831,26142,00046,00044,00046,00046,00048,000
       Inventory 
37,000
36,000
34,000
34,000
32,000
31,000
42,006
39,771
40,440
41,206
42,678
43,292
43,015
41,218
42,492
46,000
49,661
49,895
52,113
51,412
51,216
47,619
50,358
49,245
49,158
49,15849,24550,35847,61951,21651,41252,11349,89549,66146,00042,49241,21843,01543,29242,67841,20640,44039,77142,00631,00032,00034,00034,00036,00037,000
   > Long-term Assets 
0
0
0
0
0
0
0
75,513
75,589
75,116
75,728
77,679
77,688
77,097
76,282
76,068
76,455
79,593
79,985
79,762
94,850
95,127
95,192
95,834
96,992
96,99295,83495,19295,12794,85079,76279,98579,59376,45576,06876,28277,09777,68877,67975,72875,11675,58975,5130000000
       Property Plant Equipment 
0
0
0
0
0
0
71,443
71,053
71,215
70,955
71,590
73,564
73,596
72,829
71,992
71,506
73,159
76,126
76,326
76,118
91,222
91,305
91,388
92,046
93,241
93,24192,04691,38891,30591,22276,11876,32676,12673,15971,50671,99272,82973,59673,56471,59070,95571,21571,05371,443000000
       Other Assets 
0
0
0
0
0
0
1,763
1,763
1,691
1,491
1,482
1,473
1,464
1,654
1,645
1,635
1,625
1,595
1,586
3,632
3,616
3,514
3,792
0
0
003,7923,5143,6163,6321,5861,5951,6251,6351,6451,6541,4641,4731,4821,4911,6911,7631,763000000
> Total Liabilities 
35,000
32,000
24,000
24,000
25,000
27,000
21,873
20,986
21,771
25,757
17,942
22,654
23,225
29,294
16,977
17,787
25,553
33,599
25,801
24,019
25,866
32,613
29,313
28,716
33,094
33,09428,71629,31332,61325,86624,01925,80133,59925,55317,78716,97729,29423,22522,65417,94225,75721,77120,98621,87327,00025,00024,00024,00032,00035,000
   > Total Current Liabilities 
34,000
32,000
24,000
23,000
25,000
26,000
21,816
20,922
21,771
25,757
17,942
22,654
23,225
29,294
16,977
17,787
25,553
33,599
25,801
24,019
25,866
32,395
29,313
28,716
33,094
33,09428,71629,31332,39525,86624,01925,80133,59925,55317,78716,97729,29423,22522,65417,94225,75721,77120,92221,81626,00025,00023,00024,00032,00034,000
       Short-term Debt 
5,000
1,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000000001,0005,000
       Short Long Term Debt 
5,000
1,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000000001,0005,000
       Accounts payable 
25,000
28,000
23,000
21,000
23,000
24,000
0
19,705
20,663
17,133
16,760
21,399
22,064
20,053
15,827
16,383
24,372
24,572
0
0
0
23,018
0
0
0
00023,01800024,57224,37216,38315,82720,05322,06421,39916,76017,13320,66319,705024,00023,00021,00023,00028,00025,000
       Other Current Liabilities 
4,000
2,000
1,000
2,000
2,000
2,000
0
0
0
0
0
0
0
0
0
0
0
0
0
24,019
25,866
32,395
29,313
0
0
0029,31332,39525,86624,01900000000000002,0002,0002,0001,0002,0004,000
   > Long-term Liabilities 
0
0
0
0
0
0
0
64
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000640000000
> Total Stockholder Equity
0
0
0
0
0
0
177,606
182,010
179,488
175,943
176,395
182,491
181,653
181,731
185,079
189,188
186,966
185,530
192,114
197,908
193,617
185,550
187,791
190,384
190,375
190,375190,384187,791185,550193,617197,908192,114185,530186,966189,188185,079181,731181,653182,491176,395175,943179,488182,010177,606000000
   Retained Earnings 
43,000
43,000
47,000
53,000
54,000
57,000
89,766
92,329
91,648
88,107
88,555
94,651
93,813
93,894
97,239
101,348
99,126
97,690
104,277
110,068
105,777
97,710
99,951
102,544
102,535
102,535102,54499,95197,710105,777110,068104,27797,69099,126101,34897,23993,89493,81394,65188,55588,10791,64892,32989,76657,00054,00053,00047,00043,00043,000
   Accumulated Other Comprehensive Income 0000000000000000000000000
   Capital Surplus 0000000000000000000000000
   Treasury Stock0000000000000000000000000



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, 2023-03-31)

Gross Profit (+$)
totalRevenue135,785
Cost of Revenue-102,718
Gross Profit33,06833,068
 
Operating Income (+$)
Gross Profit33,068
Operating Expense-124,674
Operating Income11,952-91,606
 
Operating Expense (+$)
Research Development-
Selling General Administrative22,284
Selling And Marketing Expenses-
Operating Expense124,67422,284
 
Net Interest Income (+$)
Interest Income1,274
Interest Expense-5
Other Finance Cost-5
Net Interest Income1,274
 
Pretax Income (+$)
Operating Income11,952
Net Interest Income1,274
Other Non-Operating Income Expenses-
Income Before Tax (EBT)13,22611,952
EBIT - interestExpense = 11,948
13,282
11,068
Interest Expense5
Earnings Before Interest and Taxes (EBIT)11,95313,231
Earnings Before Interest and Taxes (EBITDA)16,627
 
After tax Income (+$)
Income Before Tax13,226
Tax Provision-2,163
Net Income From Continuing Ops11,06311,063
Net Income11,063
Net Income Applicable To Common Shares11,006
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses1,383
Total Other Income/Expenses Net--1,274
 

Technical Analysis of Oka
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 Oka. The general trend of Oka is BEARISH with 28.6% 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 Oka'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 (-28.6%) Bearish trend (28.6%)
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 Oka Corporation 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: 0.7068 < 0.7161 < 0.73.

The bearish price targets are: 0.6944 > 0.68 > 0.68.

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Oka Corporation 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 Oka Corporation Bhd. The current mas is .

The long score for the Moving Averages is 5/14.
The longshort score for the Moving Averages is -4/(-14 +14).

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

Directionalities and relatives.

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

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

Oka Corporation 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 Oka Corporation Bhd. The current macd is -0.00548439.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Oka price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Oka. 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 Oka price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Oka Corporation Bhd Daily Moving Average Convergence/Divergence (MACD) ChartOka Corporation 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 Oka Corporation Bhd. The current adx is 16.94.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-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 Oka shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Oka Corporation 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 Oka Corporation Bhd. The current sar is 0.70237374.

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
Oka Corporation 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 Oka Corporation Bhd. The current rsi is 40.23. The current phase is Continuation in bear market.

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

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

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -3/(-6 +6).

  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Oka price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Oka Corporation Bhd Daily Stochastic Oscillator ChartOka Corporation 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 Oka Corporation Bhd. The current cci is -53.25987144.

Oka Corporation Bhd Daily Commodity Channel Index (CCI) ChartOka Corporation 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 Oka Corporation Bhd. The current cmo is -23.9196759.

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

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Oka Corporation Bhd Daily Chande Momentum Oscillator (CMO) ChartOka Corporation 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 Oka Corporation Bhd. The current willr is -50.

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

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Oka is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Oka Corporation Bhd Daily Williams %R ChartOka Corporation 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 Oka Corporation Bhd.

Oka Corporation 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 Oka Corporation Bhd. The current atr is 0.01184421.

Oka Corporation Bhd Daily Average True Range (ATR) ChartOka Corporation 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 Oka Corporation Bhd. The current obv is -1,338,699.

Oka Corporation Bhd Daily On-Balance Volume (OBV) ChartOka Corporation 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 Oka Corporation Bhd. The current mfi is 9.19943338.

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

  • MFI < 50: -1
  • MFI < 20: -1
Oka Corporation Bhd Daily Money Flow Index (MFI) ChartOka Corporation Bhd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Oka Corporation 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
2023-11-02CCI 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
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-06DMI 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
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-08STOCH 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).
2023-11-09ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14STOCH 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).
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-17SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-22STOCH LONG EXITThe %K line crosses below the %D 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).
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-05DMI 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
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).
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-27STOCH 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
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-05CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-24CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-31MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-07WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14MACD 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-21CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23STOCH 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).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-28RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04MACD 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.
STOCH LONG EXITThe %K line crosses below the %D 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).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-08MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-20RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.

6.3. Candlestick Patterns

Oka Corporation Bhd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5040.230
Ma 20Greater thanMa 500.702
Ma 50Greater thanMa 1000.710
Ma 100Greater thanMa 2000.707
OpenGreater thanClose0.695
Total3/5 (60.0%)
Penke

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