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MESB Bhd
Buy, Hold or Sell?

Let's analyse MESB Bhd together

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










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

How much money do you get?

How much money do you get?
RM0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
RM1.03
Expected worth in 1 year
RM1.35
How sure are you?
75.0%

+ What do you gain per year?

Total Gains per Share
RM0.31
Return On Investment
71.4%

For what price can you sell your share?

Current Price per Share
RM0.44
Expected price per share
RM0.4 - RM0.445
How sure are you?
50%

1. Valuation of MESB Bhd (5 min.)




Live pricePrice per Share (EOD)

RM0.44

Intrinsic Value Per Share

RM-3.29 - RM-3.98

Total Value Per Share

RM-2.25 - RM-2.95

2. Growth of MESB Bhd (5 min.)




Is MESB Bhd growing?

Current yearPrevious yearGrowGrow %
How rich?$31.5m$20.1m$6.8m25.3%

How much money is MESB Bhd making?

Current yearPrevious yearGrowGrow %
Making money$588.9k$328.7k$260.2k44.2%
Net Profit Margin6.4%3.2%--

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

3. Financial Health of MESB Bhd (5 min.)




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




  Industry Rankings (Apparel Retail)  

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

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

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

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

Speculation

The Price per Share of MESB Bhd is RM0.44. 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 MESB Bhd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in MESB Bhd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is RM1.03. Based on the TTM, the Book Value Change Per Share is RM0.08 per quarter. Based on the YOY, the Book Value Change Per Share is RM0.03 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 MESB Bhd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 RM% of Price per ShareRM% of Price per ShareRM% of Price per ShareRM% of Price per ShareRM% of Price per Share
Usd Eps0.001.0%0.000.9%0.000.5%0.000.2%0.000.1%
Usd Book Value Change Per Share0.011.3%0.023.8%0.011.4%0.001.1%0.012.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.011.3%0.023.8%0.011.4%0.001.1%0.012.1%
Usd Price Per Share0.10-0.10-0.10-0.09-0.09-
Price to Earnings Ratio5.97-11.02--69.04--87.95--74.62-
Price-to-Total Gains Ratio17.33--1.02-8.20-29.83-32.50-
Price to Book Ratio0.46-0.55-0.75-0.64-0.66-
Price-to-Total Gains Ratio17.33--1.02-8.20-29.83-32.50-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.093016
Number of shares10750
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.020.00
Usd Total Gains Per Share0.020.00
Gains per Quarter (10750 shares)178.3751.38
Gains per Year (10750 shares)713.47205.51
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
107137030206196
20142714160411402
30214021290617608
40285428420822814
5035673555010281020
6042814268012331226
7049944981014391432
8057085694016441638
9064216407018501844
10071357120020552050

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%8.04.00.066.7%14.06.00.070.0%15.07.02.062.5%15.07.02.062.5%
Book Value Change Per Share3.01.00.075.0%9.03.00.075.0%15.05.00.075.0%18.05.01.075.0%18.05.01.075.0%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.024.00.0%0.00.024.00.0%
Total Gains per Share3.01.00.075.0%9.03.00.075.0%15.05.00.075.0%18.05.01.075.0%18.05.01.075.0%

Fundamentals of MESB Bhd

About MESB Bhd

MESB Berhad, an investment holding company, engages in trading and retailing leather products, apparels, and accessories for men and women primarily in Malaysia. It offers ladies handbags and small leather goods; gents bags, and accessories; and men's small leather goods. It also offers diverse range of products, including apparel and leathers such as wallets, purses, handbags, backpacks, and sling bags under Pierre Cardin, Feraud, Giamax, Alain Delon, Giossardi, Tocco Toscano, Crocodile, and Ducati brands. The company sells its products through various consignment counters in departmental stores, boutiques, shopping malls, e-commerce site, and e-commerce platforms, such as Lazada and Shopee. It also provides waste recycling services. The company was incorporated in 1995 and is based in Seri Kembangan, Malaysia.

Fundamental data was last updated by Penke on 2024-03-08 06:14:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is 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 expensive.

1.1. Profitability of MESB Bhd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare MESB Bhd to the Apparel Retail industry mean.
  • A Net Profit Margin of 5.9% means that RM0.06 for each RM1 in revenue is generated as profit.

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

  • The MRQ is 5.9%. The company is making a profit. +1
  • The TTM is 6.4%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ5.9%TTM6.4%-0.5%
TTM6.4%YOY3.2%+3.2%
TTM6.4%5Y-3.8%+10.3%
5Y-3.8%10Y-3.3%-0.5%
Compared to industry (Apparel Retail)
PeriodCompanyIndustry (mean)+/- 
MRQ5.9%2.7%+3.2%
TTM6.4%3.1%+3.3%
YOY3.2%4.2%-1.0%
5Y-3.8%1.5%-5.3%
10Y-3.3%2.3%-5.6%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare MESB Bhd to the Apparel Retail industry mean.
  • 1.5% Return on Assets means that MESB Bhd generated RM0.01 profit for each $1 in assets.

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

  • The MRQ is 1.5%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.5%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.5%TTM1.5%-0.1%
TTM1.5%YOY0.9%+0.7%
TTM1.5%5Y0.1%+1.4%
5Y0.1%10Y0.1%+0.0%
Compared to industry (Apparel Retail)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5%1.2%+0.3%
TTM1.5%1.0%+0.5%
YOY0.9%1.6%-0.7%
5Y0.1%1.1%-1.0%
10Y0.1%1.5%-1.4%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare MESB Bhd to the Apparel Retail industry mean.
  • 2.6% Return on Equity means MESB Bhd generated RM0.03 for each RM1 the owners (shareholders) invested.

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

  • The MRQ is 2.6%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.6%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.6%TTM2.6%+0.1%
TTM2.6%YOY1.5%+1.1%
TTM2.6%5Y0.0%+2.6%
5Y0.0%10Y0.0%+0.0%
Compared to industry (Apparel Retail)
PeriodCompanyIndustry (mean)+/- 
MRQ2.6%3.5%-0.9%
TTM2.6%2.5%+0.1%
YOY1.5%5.0%-3.5%
5Y0.0%2.3%-2.3%
10Y0.0%3.1%-3.1%

1.2. Operating Efficiency of MESB Bhd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient MESB Bhd is operating .

  • Measures how much profit MESB Bhd makes for each RM1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare MESB Bhd to the Apparel Retail 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 MESB Bhd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM6.6%-6.6%
TTM6.6%YOY0.3%+6.3%
TTM6.6%5Y-3.6%+10.3%
5Y-3.6%10Y-2.9%-0.7%
Compared to industry (Apparel Retail)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.1%-6.1%
TTM6.6%2.8%+3.8%
YOY0.3%5.3%-5.0%
5Y-3.6%3.2%-6.8%
10Y-2.9%3.5%-6.4%
1.2.2. Operating Ratio

Measures how efficient MESB Bhd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Apparel Retail industry mean).
  • An Operation Ratio of 0.88 means that the operating costs are RM0.88 for each RM1 in net sales.

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

  • The MRQ is 0.881. The company is less efficient in keeping operating costs low.
  • The TTM is 0.917. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.881TTM0.917-0.036
TTM0.917YOY0.942-0.025
TTM0.9175Y0.863+0.054
5Y0.86310Y1.050-0.187
Compared to industry (Apparel Retail)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8811.063-0.182
TTM0.9171.059-0.142
YOY0.9420.988-0.046
5Y0.8631.033-0.170
10Y1.0501.009+0.041

1.3. Liquidity of MESB Bhd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Apparel Retail industry mean).
  • A Current Ratio of 3.29 means the company has RM3.29 in assets for each RM1 in short-term debts.

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

  • The MRQ is 3.287. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.446. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.287TTM3.446-0.159
TTM3.446YOY2.397+1.049
TTM3.4465Y2.411+1.035
5Y2.41110Y2.445-0.034
Compared to industry (Apparel Retail)
PeriodCompanyIndustry (mean)+/- 
MRQ3.2871.650+1.637
TTM3.4461.665+1.781
YOY2.3971.670+0.727
5Y2.4111.693+0.718
10Y2.4451.831+0.614
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare MESB Bhd to the Apparel Retail industry mean.
  • A Quick Ratio of 0.57 means the company can pay off RM0.57 for each RM1 in debt (using most liquid assets).

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

  • The MRQ is 0.575. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 1.631. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ0.575TTM1.631-1.056
TTM1.631YOY1.644-0.013
TTM1.6315Y1.312+0.319
5Y1.31210Y1.209+0.103
Compared to industry (Apparel Retail)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5750.536+0.039
TTM1.6310.550+1.081
YOY1.6440.551+1.093
5Y1.3120.654+0.658
10Y1.2090.745+0.464

1.4. Solvency of MESB Bhd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare MESB Bhd to Apparel Retail industry mean.
  • A Debt to Asset Ratio of 0.23 means that MESB Bhd assets are financed with 23.4% credit (debt) and the remaining percentage (100% - 23.4%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.234. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.304. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.234TTM0.304-0.071
TTM0.304YOY0.401-0.097
TTM0.3045Y0.404-0.099
5Y0.40410Y0.385+0.018
Compared to industry (Apparel Retail)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2340.568-0.334
TTM0.3040.571-0.267
YOY0.4010.568-0.167
5Y0.4040.571-0.167
10Y0.3850.508-0.123
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare MESB Bhd to the Apparel Retail industry mean.
  • A Debt to Equity ratio of 41.3% means that company has RM0.41 debt for each RM1 in shareholders equity.

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

  • The MRQ is 0.413. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.509. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.413TTM0.509-0.096
TTM0.509YOY0.670-0.161
TTM0.5095Y0.704-0.195
5Y0.70410Y0.587+0.117
Compared to industry (Apparel Retail)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4131.240-0.827
TTM0.5091.221-0.712
YOY0.6701.248-0.578
5Y0.7041.376-0.672
10Y0.5871.140-0.553

2. Market Valuation of MESB 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 MESB Bhd generates.

  • Above 15 is considered overpriced but always compare MESB Bhd to the Apparel Retail industry mean.
  • A PE ratio of 5.97 means the investor is paying RM5.97 for every RM1 in earnings.

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

  • The EOD is 5.475. Based on the earnings, the company is cheap. +2
  • The MRQ is 5.973. Based on the earnings, the company is cheap. +2
  • The TTM is 11.024. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD5.475MRQ5.973-0.498
MRQ5.973TTM11.024-5.051
TTM11.024YOY-69.040+80.063
TTM11.0245Y-87.954+98.977
5Y-87.95410Y-74.618-13.336
Compared to industry (Apparel Retail)
PeriodCompanyIndustry (mean)+/- 
EOD5.4756.761-1.286
MRQ5.9736.595-0.622
TTM11.0248.566+2.458
YOY-69.0408.474-77.514
5Y-87.9546.605-94.559
10Y-74.6189.697-84.315
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -2.085. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -2.275. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -3.342. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.085MRQ-2.275+0.190
MRQ-2.275TTM-3.342+1.067
TTM-3.342YOY1.094-4.436
TTM-3.3425Y0.953-4.295
5Y0.95310Y0.794+0.159
Compared to industry (Apparel Retail)
PeriodCompanyIndustry (mean)+/- 
EOD-2.0854.847-6.932
MRQ-2.2753.803-6.078
TTM-3.3422.247-5.589
YOY1.0941.796-0.702
5Y0.9531.810-0.857
10Y0.7941.839-1.045
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Apparel Retail industry mean).
  • A PB ratio of 0.46 means the investor is paying RM0.46 for each RM1 in book value.

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

  • The EOD is 0.425. Based on the equity, the company is cheap. +2
  • The MRQ is 0.464. Based on the equity, the company is cheap. +2
  • The TTM is 0.545. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.425MRQ0.464-0.039
MRQ0.464TTM0.545-0.081
TTM0.545YOY0.751-0.205
TTM0.5455Y0.642-0.097
5Y0.64210Y0.658-0.016
Compared to industry (Apparel Retail)
PeriodCompanyIndustry (mean)+/- 
EOD0.4251.416-0.991
MRQ0.4641.551-1.087
TTM0.5451.473-0.928
YOY0.7511.938-1.187
5Y0.6421.992-1.350
10Y0.6581.920-1.262
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of MESB 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--0.0280.078-65%0.029-4%0.023+23%0.043-36%
Book Value Per Share--1.0340.883+17%0.659+57%0.656+58%0.642+61%
Current Ratio--3.2873.446-5%2.397+37%2.411+36%2.445+34%
Debt To Asset Ratio--0.2340.304-23%0.401-42%0.404-42%0.385-39%
Debt To Equity Ratio--0.4130.509-19%0.670-38%0.704-41%0.587-30%
Dividend Per Share----0%-0%-0%-0%
Eps--0.0200.019+5%0.010+100%0.003+493%0.003+611%
Free Cash Flow Per Share---0.053-0.017-68%0.032-266%0.018-392%0.018-392%
Free Cash Flow To Equity Per Share---0.053-0.009-83%0.026-300%0.018-388%0.018-388%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.917+9%
Intrinsic Value_10Y_max---3.983--------
Intrinsic Value_10Y_min---3.285--------
Intrinsic Value_1Y_max---0.009--------
Intrinsic Value_1Y_min---0.009--------
Intrinsic Value_3Y_max---0.324--------
Intrinsic Value_3Y_min---0.304--------
Intrinsic Value_5Y_max---0.998--------
Intrinsic Value_5Y_min---0.901--------
Market Cap63489360.000-9%69261324.00067998649.500+2%71064795.000-3%59304854.400+17%59582015.725+16%
Net Profit Margin--0.0590.064-8%0.032+85%-0.038+164%-0.033+156%
Operating Margin---0.066-100%0.003-100%-0.0360%-0.0290%
Operating Ratio--0.8810.917-4%0.942-6%0.863+2%1.050-16%
Pb Ratio0.425-9%0.4640.545-15%0.751-38%0.642-28%0.658-30%
Pe Ratio5.475-9%5.97311.024-46%-69.040+1256%-87.954+1573%-74.618+1349%
Price Per Share0.440-9%0.4800.471+2%0.493-3%0.411+17%0.413+16%
Price To Free Cash Flow Ratio-2.085+8%-2.275-3.342+47%1.094-308%0.953-339%0.794-387%
Price To Total Gains Ratio15.884-9%17.328-1.021+106%8.203+111%29.833-42%32.504-47%
Quick Ratio--0.5751.631-65%1.644-65%1.312-56%1.209-52%
Return On Assets--0.0150.015-3%0.009+69%0.001+1130%0.001+1539%
Return On Equity--0.0260.026+2%0.015+77%0.000+13363%0.000+16056%
Total Gains Per Share--0.0280.078-65%0.029-4%0.023+23%0.043-36%
Usd Book Value--31550181.60026941608.750+17%20114445.750+57%20001315.040+58%19592129.200+61%
Usd Book Value Change Per Share--0.0060.017-65%0.006-4%0.005+23%0.009-36%
Usd Book Value Per Share--0.2190.187+17%0.139+57%0.139+58%0.136+61%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0040.004+5%0.002+100%0.001+493%0.001+611%
Usd Free Cash Flow---1608965.400-521893.750-68%968370.550-266%441508.900-464%367924.083-537%
Usd Free Cash Flow Per Share---0.011-0.004-68%0.007-266%0.004-392%0.004-392%
Usd Free Cash Flow To Equity Per Share---0.011-0.002-83%0.006-300%0.004-388%0.004-388%
Usd Market Cap13421650.704-9%14641843.89414374914.504+2%15023097.663-3%12537046.220+17%12595638.124+16%
Usd Price Per Share0.093-9%0.1010.100+2%0.104-3%0.087+17%0.087+16%
Usd Profit--612848.600588960.400+4%328727.000+86%109462.920+460%91219.100+572%
Usd Revenue--10335980.2008828856.750+17%11432247.750-10%9012817.030+15%8453172.525+22%
Usd Total Gains Per Share--0.0060.017-65%0.006-4%0.005+23%0.009-36%
 EOD+3 -5MRQTTM+17 -16YOY+17 -165Y+22 -1010Y+20 -13

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-155.475
Price to Book Ratio (EOD)Between0-10.425
Net Profit Margin (MRQ)Greater than00.059
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.575
Current Ratio (MRQ)Greater than13.287
Debt to Asset Ratio (MRQ)Less than10.234
Debt to Equity Ratio (MRQ)Less than10.413
Return on Equity (MRQ)Greater than0.150.026
Return on Assets (MRQ)Greater than0.050.015
Total6/10 (60.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.195
Ma 20Greater thanMa 500.433
Ma 50Greater thanMa 1000.442
Ma 100Greater thanMa 2000.474
OpenGreater thanClose0.425
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets194,757
Total Liabilities45,513
Total Stockholder Equity110,285
 As reported
Total Liabilities 45,513
Total Stockholder Equity+ 110,285
Total Assets = 194,757

Assets

Total Assets194,757
Total Current Assets144,736
Long-term Assets50,021
Total Current Assets
Cash And Cash Equivalents 54,235
Short-term Investments 224
Net Receivables 25,094
Inventory 57,378
Total Current Assets  (as reported)144,736
Total Current Assets  (calculated)136,931
+/- 7,805
Long-term Assets
Property Plant Equipment 6,468
Goodwill 41,437
Intangible Assets 761
Long-term Assets  (as reported)50,021
Long-term Assets  (calculated)48,666
+/- 1,355

Liabilities & Shareholders' Equity

Total Current Liabilities44,038
Long-term Liabilities1,475
Total Stockholder Equity110,285
Total Current Liabilities
Short Long Term Debt 4,277
Accounts payable 23,615
Total Current Liabilities  (as reported)44,038
Total Current Liabilities  (calculated)27,892
+/- 16,146
Long-term Liabilities
Long-term Liabilities  (as reported)1,475
Long-term Liabilities  (calculated)0
+/- 1,475
Total Stockholder Equity
Total Stockholder Equity (as reported)110,285
Total Stockholder Equity (calculated)0
+/- 110,285
Other
Capital Stock69,909
Common Stock Shares Outstanding 144,294
Net Invested Capital 114,562
Net Working Capital 100,698
Property Plant and Equipment Gross 6,468



Balance Sheet

Currency in MYR. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312016-03-312015-12-312015-09-302015-06-30
> Total Assets 
99,000
111,000
139,000
130,000
157,971
157,835
149,584
167,405
160,882
132,960
132,223
141,086
146,865
147,178
134,742
150,020
157,288
150,761
151,888
175,868
177,798
174,401
183,010
194,757
194,757183,010174,401177,798175,868151,888150,761157,288150,020134,742147,178146,865141,086132,223132,960160,882167,405149,584157,835157,971130,000139,000111,00099,000
   > Total Current Assets 
57,000
68,000
103,000
94,000
123,505
123,251
113,616
131,899
126,115
123,470
123,444
132,728
139,182
139,897
127,869
143,317
150,965
142,396
143,362
167,037
172,651
124,948
134,125
144,736
144,736134,125124,948172,651167,037143,362142,396150,965143,317127,869139,897139,182132,728123,444123,470126,115131,899113,616123,251123,50594,000103,00068,00057,000
       Cash And Cash Equivalents 
25,000
21,000
17,000
18,000
0
0
28,302
9,996
9,789
32,323
38,290
42,623
45,374
44,187
45,437
53,124
75,988
72,535
50,136
68,538
52,591
14,324
59,118
54,235
54,23559,11814,32452,59168,53850,13672,53575,98853,12445,43744,18745,37442,62338,29032,3239,7899,99628,3020018,00017,00021,00025,000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
45,437
0
0
0
0
0
0
42,254
148
224
22414842,25400000045,43700000000000000
       Net Receivables 
13,000
18,000
28,000
30,000
33,014
42,389
24,402
34,414
25,214
19,422
23,124
21,548
23,637
31,706
18,879
36,360
29,534
36,115
23,874
32,362
24,453
26,454
16,576
25,094
25,09416,57626,45424,45332,36223,87436,11529,53436,36018,87931,70623,63721,54823,12419,42225,21434,41424,40242,38933,01430,00028,00018,00013,000
       Inventory 
18,000
29,000
50,000
46,000
63,650
54,650
60,533
68,907
71,446
68,847
59,976
67,416
67,852
61,287
59,271
51,371
43,586
33,160
45,795
65,274
49,180
40,120
50,482
57,378
57,37850,48240,12049,18065,27445,79533,16043,58651,37159,27161,28767,85267,41659,97668,84771,44668,90760,53354,65063,65046,00050,00029,00018,000
   > Long-term Assets 
0
0
0
0
0
0
35,968
35,506
34,767
9,490
8,779
8,358
7,683
7,281
6,873
6,703
6,323
8,365
8,526
8,831
5,147
48,978
48,885
50,021
50,02148,88548,9785,1478,8318,5268,3656,3236,7036,8737,2817,6838,3588,7799,49034,76735,50635,968000000
       Property Plant Equipment 
0
0
0
0
6,526
6,477
7,877
7,431
6,708
6,544
5,849
5,444
4,785
4,321
3,929
3,775
3,411
3,851
4,042
4,312
2,764
5,353
5,303
6,468
6,4685,3035,3532,7644,3124,0423,8513,4113,7753,9294,3214,7855,4445,8496,5446,7087,4317,8776,4776,5260000
       Goodwill 
25,000
25,000
26,000
25,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
41,437
41,437
41,437
41,43741,43741,4370000000000000000025,00026,00025,00025,000
       Long Term Investments 
9,000
10,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000000010,0009,000
       Intangible Assets 
0
0
0
0
25,168
25,168
25,168
25,168
25,168
0
0
0
0
0
0
0
0
795
781
831
813
796
779
761
7617797968138317817950000000025,16825,16825,16825,16825,1680000
       Other Assets 
0
0
0
0
0
182
182
182
182
252
252
252
252
329
329
329
329
1,152
3,703
3,688
1,570
1,562
0
0
001,5621,5703,6883,7031,15232932932932925225225225218218218218200000
> Total Liabilities 
17,000
28,000
56,000
46,000
70,513
65,828
61,692
72,554
65,420
63,818
57,092
65,344
70,940
65,339
55,582
62,727
63,249
60,441
59,594
71,926
69,308
67,607
37,763
45,513
45,51337,76367,60769,30871,92659,59460,44163,24962,72755,58265,33970,94065,34457,09263,81865,42072,55461,69265,82870,51346,00056,00028,00017,000
   > Total Current Liabilities 
17,000
25,000
48,000
42,000
67,490
63,140
58,575
70,008
62,437
61,581
54,990
63,528
69,472
63,665
54,246
61,648
62,354
59,622
58,795
71,420
69,018
28,608
36,984
44,038
44,03836,98428,60869,01871,42058,79559,62262,35461,64854,24663,66569,47263,52854,99061,58162,43770,00858,57563,14067,49042,00048,00025,00017,000
       Short-term Debt 
9,000
21,000
33,000
21,000
0
0
0
25,222
28,447
21,347
19,671
20,924
13,310
12,370
8,495
15,363
23,845
11,958
1,567
1,745
3,683
4,895
0
0
004,8953,6831,7451,56711,95823,84515,3638,49512,37013,31020,92419,67121,34728,44725,22200021,00033,00021,0009,000
       Short Long Term Debt 
9,000
21,000
33,000
21,000
0
0
23,689
26,407
29,591
22,250
20,805
22,038
19,263
15,710
9,958
16,316
24,784
12,793
2,280
2,473
4,425
5,522
1,433
4,277
4,2771,4335,5224,4252,4732,28012,79324,78416,3169,95815,71019,26322,03820,80522,25029,59126,40723,6890021,00033,00021,0009,000
       Accounts payable 
0
0
0
0
0
0
32,314
40,557
32,724
34,008
33,326
40,807
49,658
41,592
43,896
45,100
37,392
23,456
56,233
68,693
29,512
21,985
20,588
23,615
23,61520,58821,98529,51268,69356,23323,45637,39245,10043,89641,59249,65840,80733,32634,00832,72440,55732,314000000
       Other Current Liabilities 
8,000
7,000
24,000
25,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
34,877
0
0
0
00034,877000000000000000025,00024,0007,0008,000
   > Long-term Liabilities 
0
0
0
0
0
0
3,117
2,546
2,983
2,237
2,102
1,816
1,468
1,674
1,336
1,079
895
819
799
506
290
781
779
1,475
1,4757797812905067998198951,0791,3361,6741,4681,8162,1022,2372,9832,5463,117000000
       Long term Debt Total 
0
0
0
0
2,976
2,688
3,117
2,546
2,983
0
2,102
1,816
1,468
1,674
1,336
1,079
895
819
799
506
290
781
0
0
007812905067998198951,0791,3361,6741,4681,8162,10202,9832,5463,1172,6882,9760000
> Total Stockholder Equity
0
0
0
0
87,458
92,007
87,892
94,851
95,462
69,142
75,131
75,742
75,925
81,839
79,160
87,293
94,039
90,320
92,294
103,942
108,490
106,794
107,386
110,285
110,285107,386106,794108,490103,94292,29490,32094,03987,29379,16081,83975,92575,74275,13169,14295,46294,85187,89292,00787,4580000
   Retained Earnings 
40,000
40,000
41,000
42,000
36,218
40,767
36,652
39,701
40,312
13,992
16,681
17,292
17,280
23,194
20,056
28,189
34,604
29,863
29,800
34,408
38,581
36,885
0
0
0036,88538,58134,40829,80029,86334,60428,18920,05623,19417,28017,29216,68113,99240,31239,70136,65240,76736,21842,00041,00040,00040,000
   Accumulated Other Comprehensive Income 000000000000000000000000
   Capital Surplus 000000000000000000000000
   Treasury Stock000000000000000000000000



Balance Sheet

Currency in MYR. All numbers in thousands.




Cash Flow

Currency in MYR. All numbers in thousands.




Income Statement

Currency in MYR. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue159,187
Cost of Revenue-59,752
Gross Profit99,43599,435
 
Operating Income (+$)
Gross Profit99,435
Operating Expense-143,362
Operating Income18,495-43,927
 
Operating Expense (+$)
Research Development-
Selling General Administrative82,615
Selling And Marketing Expenses-
Operating Expense143,36282,615
 
Net Interest Income (+$)
Interest Income409
Interest Expense-409
Other Finance Cost-409
Net Interest Income-409
 
Pretax Income (+$)
Operating Income18,495
Net Interest Income-409
Other Non-Operating Income Expenses-
Income Before Tax (EBT)18,08618,495
EBIT - interestExpense = 18,619
17,075
12,606
Interest Expense409
Earnings Before Interest and Taxes (EBIT)19,02818,495
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax18,086
Tax Provision-4,899
Net Income From Continuing Ops13,18713,187
Net Income12,197
Net Income Applicable To Common Shares12,054
 
Non-recurring Events
Discontinued Operations-1,768
Extraordinary Items-994
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses3,293
Total Other Income/Expenses Net-409
 

Technical Analysis of MESB Bhd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of MESB Bhd. The general trend of MESB Bhd is BEARISH with 57.1% 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 MESB Bhd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-57.1%) Bearish trend (57.1%)
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 MESB Bhd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 0.425 < 0.425 < 0.445.

The bearish price targets are: 0.415 > 0.415 > 0.4.

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MESB 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 MESB Bhd. The current mas is .

The long score for the Moving Averages is 3/14.
The longshort score for the Moving Averages is -8/(-14 +14).

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

MESB 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 MESB Bhd. The current macd is -0.00387474.

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 MESB Bhd price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for MESB Bhd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the MESB Bhd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending 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
MESB Bhd Daily Moving Average Convergence/Divergence (MACD) ChartMESB 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 MESB Bhd. The current adx is 39.99.

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

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell MESB Bhd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
MESB 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 MESB Bhd. The current sar is 0.41.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
MESB 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 MESB Bhd. The current rsi is 53.20. The current phase is Correction in bear market.

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

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
MESB Bhd Daily Relative Strength Index (RSI) ChartMESB 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 MESB Bhd. The current phase is Overbought in bear market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the MESB Bhd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
MESB Bhd Daily Stochastic Oscillator ChartMESB 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 MESB Bhd. The current cci is 47.01.

MESB Bhd Daily Commodity Channel Index (CCI) ChartMESB 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 MESB Bhd. The current cmo is 18.17.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
MESB Bhd Daily Chande Momentum Oscillator (CMO) ChartMESB 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 MESB Bhd. The current willr is -14.28571429.

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
MESB Bhd Daily Williams %R ChartMESB 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 MESB Bhd.

MESB 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 MESB Bhd. The current atr is 0.01511091.

MESB Bhd Daily Average True Range (ATR) ChartMESB 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 MESB Bhd. The current obv is 11,498,400.

MESB Bhd Daily On-Balance Volume (OBV) ChartMESB 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 MESB Bhd. The current mfi is 52.84.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
MESB Bhd Daily Money Flow Index (MFI) ChartMESB Bhd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for MESB 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
2023-11-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-30CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-01DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-06BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-26MACD 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.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-18RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-19MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-26RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-21CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-22STOCH 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).
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside

6.3. Candlestick Patterns

MESB Bhd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.195
Ma 20Greater thanMa 500.433
Ma 50Greater thanMa 1000.442
Ma 100Greater thanMa 2000.474
OpenGreater thanClose0.425
Total2/5 (40.0%)
Penke

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