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Iqzan Holding Bhd
Buy, Hold or Sell?

Let's analyse Iqzan together

PenkeI guess you are interested in Iqzan Holding 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 Iqzan Holding 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 Iqzan (30 sec.)










What can you expect buying and holding a share of Iqzan? (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
RM0.12
Expected worth in 1 year
RM0.09
How sure are you?
45.5%

+ What do you gain per year?

Total Gains per Share
RM-0.03
Return On Investment
-639.4%

For what price can you sell your share?

Current Price per Share
RM0.01
Expected price per share
RM0.005 - RM0.005
How sure are you?
50%

1. Valuation of Iqzan (5 min.)




Live pricePrice per Share (EOD)

RM0.01

Intrinsic Value Per Share

RM0.43 - RM0.52

Total Value Per Share

RM0.55 - RM0.64

2. Growth of Iqzan (5 min.)




Is Iqzan growing?

Current yearPrevious yearGrowGrow %
How rich?$5.7m$6.8m-$1.6m-31.0%

How much money is Iqzan making?

Current yearPrevious yearGrowGrow %
Making money-$909.3k-$124k-$785.3k-86.4%
Net Profit Margin-276.0%-21.6%--

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

3. Financial Health of Iqzan (5 min.)




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




  Industry Rankings (Conglomerates)  

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

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

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

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

Speculation

The Price per Share of Iqzan is RM0.005. 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 Iqzan.
  • 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 Iqzan, 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 RM0.12. Based on the TTM, the Book Value Change Per Share is RM-0.01 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 Iqzan.

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 Eps0.01202.3%0.00-82.3%0.00-11.2%0.00-26.2%0.00-31.0%
Usd Book Value Change Per Share0.01280.3%0.00-33.8%0.00-2.8%0.00-49.7%0.0023.4%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.01280.3%0.00-33.8%0.00-2.8%0.00-49.7%0.0023.4%
Usd Price Per Share0.00-0.00-0.01-0.01-0.02-
Price to Earnings Ratio0.03--2.17-9.58-6.70-5.56-
Price-to-Total Gains Ratio0.08--4.80-31.88--195.75--162.34-
Price to Book Ratio0.04-0.14-0.27-0.45-0.53-
Price-to-Total Gains Ratio0.08--4.80-31.88--195.75--162.34-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.001057
Number of shares946073
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 (946073 shares)-1,598.45-2,351.89
Gains per Year (946073 shares)-6,393.79-9,407.57
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-6394-64040-9408-9418
20-12788-127980-18815-18826
30-19181-191920-28223-28234
40-25575-255860-37630-37642
50-31969-319800-47038-47050
60-38363-383740-56445-56458
70-44757-447680-65853-65866
80-51150-511620-75261-75274
90-57544-575560-84668-84682
100-63938-639500-94076-94090

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 Share1.03.00.025.0%5.07.00.041.7%8.010.00.044.4%9.013.00.040.9%9.013.00.040.9%
Book Value Change Per Share1.03.00.025.0%6.06.00.050.0%8.010.00.044.4%10.012.00.045.5%10.012.00.045.5%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.018.00.0%0.00.022.00.0%0.00.022.00.0%
Total Gains per Share1.03.00.025.0%6.06.00.050.0%8.010.00.044.4%10.012.00.045.5%10.012.00.045.5%

Fundamentals of Iqzan

About Iqzan Holding Bhd

Iqzan Holding Berhad, an investment holding company, engages in the trading of various goods in Malaysia. The company operates through; Manufacturing, Trading, Investment Holding, and Others segments. It manufactures and trades in wooden crates, pallets, and other related wood products; manufactures, markets, and installs wooden parquet floorings; and provides management services, as well as engages in the business of wood flooring and installers. The company also trades in value products, fittings and machinery, steel, aluminum, stainless equipment, components, sanitary products for food and beverage industry, raw materials, computers, wooden crates and pallets, and finished goods; and markets and sells agricultural waste related products. In addition, it provides testing and calibration services for equipment and general products. The company was formerly known as Ire-Tex Corporation Berhad and changed its name to Iqzan Holding Berhad in December 2019. Iqzan Holding Berhad was incorporated in 1995 and is based in Kuala Lumpur, Malaysia.

Fundamental data was last updated by Penke on 2024-03-08 05:55:03.

Financial Health

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

1.1. Profitability of Iqzan Holding Bhd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Iqzan to the Conglomerates industry mean.
  • A Net Profit Margin of 408.0% means that RM4.08 for each RM1 in revenue is generated as profit.

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

  • The MRQ is 408.0%. The company is making a huge profit. +2
  • The TTM is -276.0%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ408.0%TTM-276.0%+684.0%
TTM-276.0%YOY-21.6%-254.4%
TTM-276.0%5Y-80.9%-195.1%
5Y-80.9%10Y-67.7%-13.2%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ408.0%4.1%+403.9%
TTM-276.0%3.9%-279.9%
YOY-21.6%3.8%-25.4%
5Y-80.9%2.9%-83.8%
10Y-67.7%3.8%-71.5%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Iqzan to the Conglomerates industry mean.
  • 17.4% Return on Assets means that Iqzan generated RM0.17 profit for each $1 in assets.

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

  • The MRQ is 17.4%. Using its assets, the company is efficient in making profit. +1
  • The TTM is -6.7%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ17.4%TTM-6.7%+24.1%
TTM-6.7%YOY-0.8%-5.9%
TTM-6.7%5Y-2.1%-4.6%
5Y-2.1%10Y-2.0%0.0%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ17.4%0.8%+16.6%
TTM-6.7%0.8%-7.5%
YOY-0.8%0.8%-1.6%
5Y-2.1%0.7%-2.8%
10Y-2.0%0.8%-2.8%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Iqzan to the Conglomerates industry mean.
  • 47.6% Return on Equity means Iqzan generated RM0.48 for each RM1 the owners (shareholders) invested.

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

  • The MRQ is 47.6%. Using its investors money, the company is very efficient in making profit. +2
  • The TTM is -75.0%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ47.6%TTM-75.0%+122.7%
TTM-75.0%YOY-2.1%-72.9%
TTM-75.0%5Y-18.2%-56.8%
5Y-18.2%10Y-14.9%-3.3%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ47.6%2.1%+45.5%
TTM-75.0%2.0%-77.0%
YOY-2.1%3.1%-5.2%
5Y-18.2%1.9%-20.1%
10Y-14.9%2.2%-17.1%

1.2. Operating Efficiency of Iqzan Holding Bhd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Iqzan is operating .

  • Measures how much profit Iqzan 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 Iqzan to the Conglomerates 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 Iqzan Holding Bhd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.0%0.0%
TTM0.0%YOY7.9%-7.9%
TTM0.0%5Y7.2%-7.2%
5Y7.2%10Y5.3%+1.9%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ-8.1%-8.1%
TTM0.0%4.7%-4.7%
YOY7.9%7.0%+0.9%
5Y7.2%5.6%+1.6%
10Y5.3%5.1%+0.2%
1.2.2. Operating Ratio

Measures how efficient Iqzan is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Conglomerates industry mean).
  • An Operation Ratio of -2.96 means that the operating costs are RM-2.96 for each RM1 in net sales.

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

  • The MRQ is -2.959.
  • The TTM is 2.535. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ-2.959TTM2.535-5.494
TTM2.535YOY1.582+0.953
TTM2.5355Y1.674+0.861
5Y1.67410Y1.714-0.040
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.9591.508-4.467
TTM2.5351.497+1.038
YOY1.5821.422+0.160
5Y1.6741.409+0.265
10Y1.7141.189+0.525

1.3. Liquidity of Iqzan Holding Bhd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Conglomerates industry mean).
  • A Current Ratio of 0.34 means the company has RM0.34 in assets for each RM1 in short-term debts.

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

  • The MRQ is 0.342. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.385. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.342TTM0.385-0.043
TTM0.385YOY0.194+0.192
TTM0.3855Y0.385+0.001
5Y0.38510Y0.545-0.161
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3421.466-1.124
TTM0.3851.480-1.095
YOY0.1941.475-1.281
5Y0.3851.555-1.170
10Y0.5451.494-0.949
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Iqzan to the Conglomerates industry mean.
  • A Quick Ratio of 0.08 means the company can pay off RM0.08 for each RM1 in debt (using most liquid assets).

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

  • The MRQ is 0.085. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.118. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.085TTM0.118-0.034
TTM0.118YOY0.137-0.018
TTM0.1185Y0.120-0.001
5Y0.12010Y0.253-0.134
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0850.719-0.634
TTM0.1180.753-0.635
YOY0.1370.801-0.664
5Y0.1200.864-0.744
10Y0.2530.826-0.573

1.4. Solvency of Iqzan Holding Bhd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Iqzan to Conglomerates industry mean.
  • A Debt to Asset Ratio of 0.56 means that Iqzan assets are financed with 55.6% credit (debt) and the remaining percentage (100% - 55.6%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.556. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.659. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.556TTM0.659-0.103
TTM0.659YOY0.602+0.057
TTM0.6595Y0.582+0.077
5Y0.58210Y0.568+0.014
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5560.551+0.005
TTM0.6590.559+0.100
YOY0.6020.563+0.039
5Y0.5820.569+0.013
10Y0.5680.556+0.012
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Iqzan to the Conglomerates industry mean.
  • A Debt to Equity ratio of 151.7% means that company has RM1.52 debt for each RM1 in shareholders equity.

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

  • The MRQ is 1.517. The company is just able to pay all its debts with equity.
  • The TTM is 2.866. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ1.517TTM2.866-1.349
TTM2.866YOY1.518+1.348
TTM2.8665Y1.683+1.183
5Y1.68310Y1.377+0.306
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5171.308+0.209
TTM2.8661.348+1.518
YOY1.5181.456+0.062
5Y1.6831.574+0.109
10Y1.3771.498-0.121

2. Market Valuation of Iqzan Holding 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 Iqzan generates.

  • Above 15 is considered overpriced but always compare Iqzan to the Conglomerates industry mean.
  • A PE ratio of 0.03 means the investor is paying RM0.03 for every RM1 in earnings.

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

  • The EOD is 0.026. Based on the earnings, the company is cheap. +2
  • The MRQ is 0.026. Based on the earnings, the company is cheap. +2
  • The TTM is -2.171. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD0.026MRQ0.0260.000
MRQ0.026TTM-2.171+2.197
TTM-2.171YOY9.585-11.756
TTM-2.1715Y6.699-8.869
5Y6.69910Y5.560+1.139
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
EOD0.0267.557-7.531
MRQ0.0267.358-7.332
TTM-2.1717.358-9.529
YOY9.5857.337+2.248
5Y6.6998.424-1.725
10Y5.56014.700-9.140
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 0.155. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 0.155. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 1.004. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.155MRQ0.1550.000
MRQ0.155TTM1.004-0.849
TTM1.004YOY-1.936+2.939
TTM1.0045Y-6.377+7.381
5Y-6.37710Y-5.218-1.159
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
EOD0.1552.262-2.107
MRQ0.1552.098-1.943
TTM1.0041.082-0.078
YOY-1.9360.520-2.456
5Y-6.3770.861-7.238
10Y-5.2180.702-5.920
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Conglomerates industry mean).
  • A PB ratio of 0.04 means the investor is paying RM0.04 for each RM1 in book value.

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

  • The EOD is 0.041. Based on the equity, the company is cheap. +2
  • The MRQ is 0.041. Based on the equity, the company is cheap. +2
  • The TTM is 0.143. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.041MRQ0.0410.000
MRQ0.041TTM0.143-0.102
TTM0.143YOY0.273-0.130
TTM0.1435Y0.449-0.305
5Y0.44910Y0.528-0.079
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
EOD0.0410.950-0.909
MRQ0.0410.901-0.860
TTM0.1430.944-0.801
YOY0.2731.032-0.759
5Y0.4491.110-0.661
10Y0.5281.303-0.775
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Iqzan Holding 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--0.066-0.008+112%-0.001+101%-0.012+118%0.006+1096%
Book Value Per Share--0.1220.112+9%0.147-17%0.135-10%0.171-29%
Current Ratio--0.3420.385-11%0.194+77%0.385-11%0.545-37%
Debt To Asset Ratio--0.5560.659-16%0.602-8%0.582-5%0.568-2%
Debt To Equity Ratio--1.5172.866-47%1.5180%1.683-10%1.377+10%
Dividend Per Share----0%-0%-0%-0%
Eps--0.048-0.019+141%-0.003+106%-0.006+113%-0.007+115%
Free Cash Flow Per Share--0.0080.003+221%0.003+148%0.001+745%0.001+745%
Free Cash Flow To Equity Per Share--0.0080.002+366%-0.005+161%-0.002+130%-0.002+130%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--0.519--------
Intrinsic Value_10Y_min--0.433--------
Intrinsic Value_1Y_max--0.012--------
Intrinsic Value_1Y_min--0.012--------
Intrinsic Value_3Y_max--0.068--------
Intrinsic Value_3Y_min--0.064--------
Intrinsic Value_5Y_max--0.159--------
Intrinsic Value_5Y_min--0.145--------
Market Cap1109200.0000%1109200.0003882200.000-71%8873600.000-88%13372023.194-92%23068487.705-95%
Net Profit Margin--4.080-2.760+168%-0.216+105%-0.809+120%-0.677+117%
Operating Margin---0.000-100%0.079-100%0.072-100%0.053-100%
Operating Ratio---2.9592.535-217%1.582-287%1.674-277%1.714-273%
Pb Ratio0.0410%0.0410.143-71%0.273-85%0.449-91%0.528-92%
Pe Ratio0.0260%0.026-2.171+8410%9.585-100%6.699-100%5.560-100%
Price Per Share0.0050%0.0050.018-71%0.040-88%0.060-92%0.103-95%
Price To Free Cash Flow Ratio0.1550%0.1551.004-85%-1.936+1350%-6.377+4219%-5.218+3470%
Price To Total Gains Ratio0.0750%0.075-4.796+6458%31.884-100%-195.748+259645%-162.341+215349%
Quick Ratio--0.0850.118-28%0.137-38%0.120-29%0.253-67%
Return On Assets--0.174-0.067+138%-0.008+104%-0.021+112%-0.020+112%
Return On Equity--0.476-0.750+258%-0.021+104%-0.182+138%-0.149+131%
Total Gains Per Share--0.066-0.008+112%-0.001+101%-0.012+118%0.006+1096%
Usd Book Value--5716890.2005261746.000+9%6895498.050-17%6332898.056-10%8073798.409-29%
Usd Book Value Change Per Share--0.014-0.002+112%0.000+101%-0.002+118%0.001+1096%
Usd Book Value Per Share--0.0260.024+9%0.031-17%0.029-10%0.036-29%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.010-0.004+141%-0.001+106%-0.001+113%-0.002+115%
Usd Free Cash Flow--378617.400118066.900+221%152472.250+148%37335.589+914%30547.300+1139%
Usd Free Cash Flow Per Share--0.0020.001+221%0.001+148%0.000+745%0.000+745%
Usd Free Cash Flow To Equity Per Share--0.0020.000+366%-0.001+161%-0.001+130%-0.001+130%
Usd Market Cap234484.8800%234484.880820697.080-71%1875879.040-88%2826845.703-92%4876678.301-95%
Usd Price Per Share0.0010%0.0010.004-71%0.008-88%0.013-92%0.022-95%
Usd Profit--2244011.000-909389.950+141%-124038.950+106%-289758.933+113%-342775.491+115%
Usd Revenue--550062.800554079.400-1%859499.550-36%594574.244-7%1793306.200-69%
Usd Total Gains Per Share--0.014-0.002+112%0.000+101%-0.002+118%0.001+1096%
 EOD+0 -0MRQTTM+25 -8YOY+22 -115Y+22 -1110Y+21 -12

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-150.026
Price to Book Ratio (EOD)Between0-10.041
Net Profit Margin (MRQ)Greater than04.080
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.085
Current Ratio (MRQ)Greater than10.342
Debt to Asset Ratio (MRQ)Less than10.556
Debt to Equity Ratio (MRQ)Less than11.517
Return on Equity (MRQ)Greater than0.150.476
Return on Assets (MRQ)Greater than0.050.174
Total6/10 (60.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5024.763
Ma 20Greater thanMa 500.005
Ma 50Greater thanMa 1000.005
Ma 100Greater thanMa 2000.005
OpenGreater thanClose0.005
Total0/5 (0.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Total Operating Expenses  3,5241,9605,484-2,4213,06313,35816,421-24,861-8,440



Latest Balance Sheet

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

Summary
Total Assets60,860
Total Liabilities33,817
Total Stockholder Equity22,290
 As reported
Total Liabilities 33,817
Total Stockholder Equity+ 22,290
Total Assets = 60,860

Assets

Total Assets60,860
Total Current Assets10,838
Long-term Assets50,022
Total Current Assets
Cash And Cash Equivalents 986
Net Receivables 2,687
Inventory 2,562
Total Current Assets  (as reported)10,838
Total Current Assets  (calculated)6,235
+/- 4,603
Long-term Assets
Property Plant Equipment 39,244
Goodwill 6,585
Long-term Assets  (as reported)50,022
Long-term Assets  (calculated)45,829
+/- 4,193

Liabilities & Shareholders' Equity

Total Current Liabilities31,682
Long-term Liabilities2,135
Total Stockholder Equity22,290
Total Current Liabilities
Short Long Term Debt 1,159
Accounts payable 1,152
Total Current Liabilities  (as reported)31,682
Total Current Liabilities  (calculated)2,311
+/- 29,371
Long-term Liabilities
Long term Debt 521
Capital Lease Obligations Min Short Term Debt1,058
Long-term Liabilities  (as reported)2,135
Long-term Liabilities  (calculated)1,579
+/- 556
Total Stockholder Equity
Total Stockholder Equity (as reported)22,290
Total Stockholder Equity (calculated)0
+/- 22,290
Other
Capital Stock93,856
Common Stock Shares Outstanding 221,840
Net Debt 694
Net Invested Capital 12,649
Net Working Capital -20,844
Property Plant and Equipment Gross 39,244



Balance Sheet

Currency in MYR. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302016-03-312015-12-312015-09-302015-06-30
> Total Assets 
150,000
146,000
160,000
153,000
64,592
65,650
64,277
64,574
64,592
64,910
65,036
65,204
79,930
79,044
79,646
82,377
82,000
83,752
83,597
82,836
62,700
60,860
60,86062,70082,83683,59783,75282,00082,37779,64679,04479,93065,20465,03664,91064,59264,57464,27765,65064,592153,000160,000146,000150,000
   > Total Current Assets 
76,000
76,000
78,000
71,000
28,444
9,291
27,661
7,743
7,944
8,680
7,434
7,852
12,706
12,124
5,689
9,249
9,721
9,430
9,066
34,334
10,908
10,838
10,83810,90834,3349,0669,4309,7219,2495,68912,12412,7067,8527,4348,6807,9447,74327,6619,29128,44471,00078,00076,00076,000
       Cash And Cash Equivalents 
6,000
7,000
6,000
6,000
437
545
0
385
0
100
292
165
491
576
609
579
630
741
427
275
444
986
986444275427741630579609576491165292100038505454376,0006,0007,0006,000
       Short-term Investments 
1,000
0
0
0
538
0
0
567
538
550
550
550
532
532
697
697
697
697
709
709
0
0
00709709697697697697532532550550550538567005380001,000
       Net Receivables 
53,000
54,000
43,000
51,000
1,885
2,344
1,491
2,261
1,885
2,857
1,906
1,921
362
885
1,216
4,416
5,507
4,841
4,960
5,607
3,542
2,687
2,6873,5425,6074,9604,8415,5074,4161,2168853621,9211,9062,8571,8852,2611,4912,3441,88551,00043,00054,00053,000
       Inventory 
12,000
12,000
12,000
11,000
3,600
3,364
2,973
3,525
3,600
3,078
3,077
3,078
3,214
2,957
2,747
2,998
2,887
3,151
2,882
2,243
2,446
2,562
2,5622,4462,2432,8823,1512,8872,9982,7472,9573,2143,0783,0773,0783,6003,5252,9733,3643,60011,00012,00012,00012,000
       Other Current Assets 
3,000
3,000
15,000
3,000
0
0
20,500
0
0
0
0
0
2,843
2,843
0
0
0
0
0
25,500
0
0
0025,500000002,8432,8430000020,500003,00015,0003,0003,000
   > Long-term Assets 
0
0
0
0
36,148
35,859
0
36,331
0
35,730
57,602
57,352
67,224
66,920
73,957
73,128
72,279
74,322
74,556
48,502
51,792
50,022
50,02251,79248,50274,55674,32272,27973,12873,95766,92067,22457,35257,60235,730036,331035,85936,1480000
       Property Plant Equipment 
0
0
0
0
0
35,125
34,646
34,343
34,208
33,797
34,202
33,952
35,951
35,594
43,972
43,143
42,294
42,237
42,471
41,917
41,401
39,244
39,24441,40141,91742,47142,23742,29443,14343,97235,59435,95133,95234,20233,79734,20834,34334,64635,12500000
       Goodwill 
2,000
2,000
3,000
3,000
1,407
132
1,407
1,407
1,407
1,407
0
0
7,873
7,926
6,585
6,585
6,585
6,585
6,585
6,585
6,585
6,585
6,5856,5856,5856,5856,5856,5856,5856,5857,9267,873001,4071,4071,4071,4071321,4073,0003,0002,0002,000
       Long Term Investments 
1,000
1,000
1,000
1,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000001,0001,0001,0001,000
       Intangible Assets 
0
0
0
0
533
602
563
581
533
526
0
0
0
0
0
0
0
0
0
0
0
0
0000000000005265335815636025330000
       Other Assets 
0
0
0
0
0
20,500
0
20,500
20,500
20,500
0
0
0
0
0
0
23,400
25,500
25,500
0
0
0
00025,50025,50023,40000000020,50020,50020,500020,50000000
> Total Liabilities 
71,000
74,000
84,000
79,000
32,394
18,007
37,037
37,323
37,867
38,190
38,811
39,393
45,269
44,326
50,141
48,999
48,545
49,617
53,316
52,936
50,364
33,817
33,81750,36452,93653,31649,61748,54548,99950,14144,32645,26939,39338,81138,19037,86737,32337,03718,00732,39479,00084,00074,00071,000
   > Total Current Liabilities 
55,000
59,000
64,000
60,000
30,563
13,853
29,253
30,436
30,563
31,076
31,080
31,960
32,055
31,193
42,349
44,211
43,920
45,054
45,233
44,815
46,836
31,682
31,68246,83644,81545,23345,05443,92044,21142,34931,19332,05531,96031,08031,07630,56330,43629,25313,85330,56360,00064,00059,00055,000
       Short-term Debt 
46,000
47,000
49,000
47,000
0
0
809
0
0
345
1,178
1,312
2,942
2,280
1,320
1,320
1,373
1,050
1,055
1,055
0
0
001,0551,0551,0501,3731,3201,3202,2802,9421,3121,178345008090047,00049,00047,00046,000
       Short Long Term Debt 
46,000
47,000
49,000
47,000
2,426
1,775
0
2,421
0
2,553
2,207
3,364
3,757
3,054
2,559
3,596
3,473
2,977
2,093
2,093
915
1,159
1,1599152,0932,0932,9773,4733,5962,5593,0543,7573,3642,2072,55302,42101,7752,42647,00049,00047,00046,000
       Accounts payable 
16,000
19,000
22,000
20,000
1,343
1,427
0
1,544
0
1,607
1,241
1,238
2,179
2,835
6,551
7,688
7,751
3,342
2,274
2,447
1,755
1,152
1,1521,7552,4472,2743,3427,7517,6886,5512,8352,1791,2381,2411,60701,54401,4271,34320,00022,00019,00016,000
       Other Current Liabilities 
8,000
7,000
7,000
10,000
443
1,203
0
0
0
0
0
0
0
0
0
0
31,993
38,282
39,523
39,857
0
0
0039,85739,52338,28231,99300000000001,20344310,0007,0007,0008,000
   > Long-term Liabilities 
0
0
0
0
1,831
1,532
0
1,508
0
1,782
2,587
2,303
8,960
9,020
5,104
3,801
3,347
3,304
4,194
3,742
3,528
2,135
2,1353,5283,7424,1943,3043,3473,8015,1049,0208,9602,3032,5871,78201,50801,5321,8310000
       Long term Debt Total 
0
0
0
0
0
0
0
0
1,606
1,556
1,999
1,669
8,345
8,405
3,968
2,665
2,211
2,168
2,740
2,321
0
0
002,3212,7402,1682,2112,6653,9688,4058,3451,6691,9991,5561,60600000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,136
1,136
1,421
1,421
0
0
001,4211,4211,1361,1360000000000000000
> Total Stockholder Equity
0
0
0
0
26,725
47,643
27,240
27,251
26,725
26,720
26,225
25,811
34,661
34,718
29,505
33,378
33,455
34,135
30,281
29,900
7,850
22,290
22,2907,85029,90030,28134,13533,45533,37829,50534,71834,66125,81126,22526,72026,72527,25127,24047,64326,7250000
   Retained Earnings -75,498-89,938-67,888-63,343-63,653-64,333-60,478-64,351-59,138-59,195-58,749-58,335-57,840-57,835-57,309-57,320-34,696-39,171-18,000-15,000-18,000-11,000
   Accumulated Other Comprehensive Income 0000000000000000000000
   Capital Surplus 0000000000000000000000
   Treasury Stock0000000000000000000000



Balance Sheet

Currency in MYR. All numbers in thousands.




Cash Flow

Currency in MYR. All numbers in thousands.




Income Statement

Currency in MYR. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue12,219
Cost of Revenue-6,935
Gross Profit5,2845,284
 
Operating Income (+$)
Gross Profit5,284
Operating Expense-28,492
Operating Income-16,273-23,208
 
Operating Expense (+$)
Research Development-
Selling General Administrative7,497
Selling And Marketing Expenses-
Operating Expense28,4927,497
 
Net Interest Income (+$)
Interest Income17
Interest Expense-210
Other Finance Cost-0
Net Interest Income-193
 
Pretax Income (+$)
Operating Income-16,273
Net Interest Income-193
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-26,103-16,273
EBIT - interestExpense = -210
-27,142
-26,932
Interest Expense210
Earnings Before Interest and Taxes (EBIT)--25,893
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-26,103
Tax Provision-938
Net Income From Continuing Ops-27,041-27,041
Net Income-27,142
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-193
 

Technical Analysis of Iqzan
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 Iqzan. The general trend of Iqzan is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Iqzan's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Iqzan Holding 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: 0.005 < 0.005 < 0.005.

The bearish price targets are: 0.005 > 0.005 > 0.005.

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Iqzan Holding 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 Iqzan Holding Bhd. The current mas is .

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

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

Directionalities and relatives.

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

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

Iqzan Holding 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 Iqzan Holding Bhd. The current macd is 0.0000.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Iqzan price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Iqzan. 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 Iqzan price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Iqzan Holding Bhd Daily Moving Average Convergence/Divergence (MACD) ChartIqzan Holding 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 Iqzan Holding Bhd. The current adx is 58.76.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-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 Iqzan shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Iqzan Holding 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 Iqzan Holding Bhd. The current sar is 0.00513035.

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
Iqzan Holding 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 Iqzan Holding Bhd. The current rsi is 24.76. The current phase is Oversold in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 1/(-13 +13).

  • Oversold in bear market: Short-term excessive selling, potential for relief rally. Be cautious, consider taking short-term long positions. +1
Iqzan Holding Bhd Daily Relative Strength Index (RSI) ChartIqzan Holding 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 Iqzan Holding Bhd. The current phase is Oversold in bear market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Iqzan price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Iqzan Holding Bhd Daily Stochastic Oscillator ChartIqzan Holding 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 Iqzan Holding Bhd. The current cci is -66.66666667.

Iqzan Holding Bhd Daily Commodity Channel Index (CCI) ChartIqzan Holding 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 Iqzan Holding Bhd. The current cmo is 0.

Iqzan Holding Bhd Daily Chande Momentum Oscillator (CMO) ChartIqzan Holding 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 Iqzan Holding Bhd. The current willr is 0.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Iqzan Holding Bhd Daily Williams %R ChartIqzan Holding 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 Iqzan Holding Bhd.

Iqzan Holding 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 Iqzan Holding Bhd. The current atr is 0.0000.

Iqzan Holding Bhd Daily Average True Range (ATR) ChartIqzan Holding 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 Iqzan Holding Bhd. The current obv is -20,899,600.

Iqzan Holding Bhd Daily On-Balance Volume (OBV) ChartIqzan Holding 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 Iqzan Holding Bhd. The current mfi is 0.

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
Iqzan Holding Bhd Daily Money Flow Index (MFI) ChartIqzan Holding Bhd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Iqzan Holding 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

6.3. Candlestick Patterns

Iqzan Holding Bhd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5024.763
Ma 20Greater thanMa 500.005
Ma 50Greater thanMa 1000.005
Ma 100Greater thanMa 2000.005
OpenGreater thanClose0.005
Total0/5 (0.0%)
Penke

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