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7889 (Thriven) Stock Analysis
Buy, Hold or Sell?

Let's analyze Thriven together

I guess you are interested in Thriven Global Bhd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • πŸ“Š Fundamental Analysis (FA) – Thriven’s Financial Insights
  • πŸ“ˆ Technical Analysis (TA) – Thriven’s Price Targets

I'm going to help you getting a better view of Thriven Global 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.

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1. Quick Overview

1.1. Quick analysis of Thriven (30 sec.)










1.2. What can you expect buying and holding a share of Thriven? (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
RM0.15
Expected worth in 1 year
RM0.09
How sure are you?
31.0%

+ What do you gain per year?

Total Gains per Share
RM-0.05
Return On Investment
-56.3%

For what price can you sell your share?

Current Price per Share
RM0.09
Expected price per share
RM0.08 - RM0.1
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Thriven (5 min.)




Live pricePrice per Share (EOD)
RM0.09
Intrinsic Value Per Share
RM-1.66 - RM-2.01
Total Value Per Share
RM-1.52 - RM-1.86

2.2. Growth of Thriven (5 min.)




Is Thriven growing?

Current yearPrevious yearGrowGrow %
How rich?$18.8m$28.4m-$6.5m-30.1%

How much money is Thriven making?

Current yearPrevious yearGrowGrow %
Making money-$1.3m-$1.9m$536.4k39.2%
Net Profit Margin-90.4%-67.9%--

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

2.3. Financial Health of Thriven (5 min.)




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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Thriven?

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

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

Speculation

The Price per Share of Thriven is RM0.09. 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 Thriven.
  • 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 Thriven, 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 RM0.15. 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 RM-0.01 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is RM0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Thriven.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 RM% of Price per ShareRM% of Price per ShareRM% of Price per ShareRM% of Price per ShareRM% of Price per ShareRM% of Price per Share
Usd Eps0.00-1.4%0.00-2.8%0.00-3.9%0.00-2.6%0.00-2.2%0.00-1.2%
Usd Book Value Change Per Share0.00-1.5%0.00-3.3%0.00-3.7%0.00-3.3%0.00-3.0%0.001.3%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.00-1.5%0.00-3.3%0.00-3.7%0.00-3.3%0.00-3.0%0.001.3%
Usd Price Per Share0.03-0.03-0.03-0.03-0.03-0.05-
Price to Earnings Ratio-6.90-7.44--2.40-1.21-0.08--10.76-
Price-to-Total Gains Ratio-25.88--2.49--13.97--6.60--8.04--9.20-
Price to Book Ratio1.00-0.86-0.50-0.59-0.57-0.80-
Price-to-Total Gains Ratio-25.88--2.49--13.97--6.60--8.04--9.20-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.021258
Number of shares47041
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 (47041 shares)-140.75-125.03
Gains per Year (47041 shares)-563.01-500.14
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-563-5730-500-510
20-1126-11360-1000-1010
30-1689-16990-1500-1510
40-2252-22620-2001-2010
50-2815-28250-2501-2510
60-3378-33880-3001-3010
70-3941-39510-3501-3510
80-4504-45140-4001-4010
90-5067-50770-4501-4510
100-5630-56400-5001-5010

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%2.010.00.016.7%4.016.00.020.0%9.020.00.031.0%9.020.00.031.0%
Book Value Change Per Share1.03.00.025.0%2.010.00.016.7%3.017.00.015.0%9.020.00.031.0%9.020.00.031.0%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.029.00.0%0.00.029.00.0%
Total Gains per Share1.03.00.025.0%2.010.00.016.7%3.017.00.015.0%9.020.00.031.0%9.020.00.031.0%
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3.2. Key Performance Indicators

The key performance indicators of Thriven Global Bhd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.006-0.013+126%-0.014+149%-0.013+124%-0.011+101%0.005-212%
Book Value Per Share--0.1460.169-14%0.220-34%0.223-35%0.266-45%0.285-49%
Current Ratio--0.6940.881-21%0.948-27%1.046-34%1.295-46%1.649-58%
Debt To Asset Ratio--0.5920.570+4%0.541+9%0.544+9%0.534+11%0.533+11%
Debt To Equity Ratio--1.4071.323+6%1.204+17%1.208+17%1.158+22%0.961+46%
Dividend Per Share----0%-0%-0%-0%-0%
Enterprise Value---36070101.730-43152781.888+20%-77543333.070+115%-69536541.653+93%-75532381.122+109%-45912052.826+27%
Eps---0.005-0.011+101%-0.015+180%-0.010+91%-0.009+62%-0.004-15%
Ev To Sales Ratio---2.045-1.666-19%-1.520-26%-1.552-24%-1.485-27%-0.415-80%
Free Cash Flow Per Share--0.0020.000+6090%-0.001+183%0.004-59%0.005-62%0.005-65%
Free Cash Flow To Equity Per Share--0.0020.000+6090%-0.001+171%-0.002+207%-0.003+271%-0.002+226%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---2.009----------
Intrinsic Value_10Y_min---1.661----------
Intrinsic Value_1Y_max---0.014----------
Intrinsic Value_1Y_min---0.014----------
Intrinsic Value_3Y_max---0.186----------
Intrinsic Value_3Y_min---0.174----------
Intrinsic Value_5Y_max---0.529----------
Intrinsic Value_5Y_min---0.479----------
Market Cap49224960.000-61%79306898.27078623218.113+1%59480166.930+33%67228541.681+18%79033418.878+0%123098498.899-36%
Net Profit Margin---0.652-0.904+39%-0.679+4%-0.653+0%-0.513-21%-0.342-48%
Operating Margin----0%-0.0320%-0.0110%-0.0020%0.016-100%
Operating Ratio--2.3932.800-15%2.291+4%2.341+2%2.126+13%1.921+25%
Pb Ratio0.618-61%0.9960.859+16%0.499+100%0.591+69%0.569+75%0.800+24%
Pe Ratio-4.282+38%-6.8997.440-193%-2.403-65%1.209-670%0.078-8949%-10.757+56%
Price Per Share0.090-61%0.1450.144+1%0.109+33%0.123+18%0.145+0%0.209-30%
Price To Free Cash Flow Ratio12.622-61%20.33530.345-33%-3.426+117%8.821+131%3.670+454%2.639+671%
Price To Total Gains Ratio-16.060+38%-25.875-2.489-90%-13.965-46%-6.596-75%-8.043-69%-9.198-64%
Quick Ratio--0.1150.100+15%0.203-43%0.241-52%0.414-72%0.441-74%
Return On Assets---0.015-0.028+92%-0.031+109%-0.026+75%-0.019+30%-0.011-24%
Return On Equity---0.035-0.067+90%-0.070+99%-0.059+69%-0.044+24%-0.027-22%
Total Gains Per Share---0.006-0.013+126%-0.014+149%-0.013+124%-0.011+101%0.005-212%
Usd Book Value--18802228.60021851039.150-14%28436058.950-34%28817836.883-35%34302298.530-45%37195334.366-49%
Usd Book Value Change Per Share---0.001-0.003+126%-0.003+149%-0.003+124%-0.003+101%0.001-212%
Usd Book Value Per Share--0.0340.040-14%0.052-34%0.053-35%0.063-45%0.067-49%
Usd Dividend Per Share----0%-0%-0%-0%-0%
Usd Enterprise Value---8519758.029-10192687.082+20%-18315735.271+115%-16424531.138+93%-17840748.421+109%-10844426.877+27%
Usd Eps---0.001-0.003+101%-0.003+180%-0.002+91%-0.002+62%-0.001-15%
Usd Free Cash Flow--230295.0003720.150+6090%-190022.900+183%557392.633-59%598790.620-62%471772.848-51%
Usd Free Cash Flow Per Share--0.0000.000+6090%0.000+183%0.001-59%0.001-62%0.001-65%
Usd Free Cash Flow To Equity Per Share--0.0000.000+6090%0.000+171%0.000+207%-0.001+271%-0.001+226%
Usd Market Cap11626935.552-61%18732289.37118570804.118+1%14049215.429+33%15879381.545+18%18667693.539+0%29075865.440-36%
Usd Price Per Share0.021-61%0.0340.034+1%0.026+33%0.029+18%0.034+0%0.049-30%
Usd Profit---678838.800-1367361.800+101%-1903831.050+180%-1544964.517+128%-1252320.590+84%-686315.752+1%
Usd Revenue--1041642.0001701525.750-39%3911294.850-73%3980540.817-74%4736896.520-78%6093593.483-83%
Usd Total Gains Per Share---0.001-0.003+126%-0.003+149%-0.003+124%-0.003+101%0.001-212%
 EOD+4 -4MRQTTM+24 -11YOY+21 -143Y+18 -175Y+17 -1810Y+6 -30

3.3 Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-4.282
Price to Book Ratio (EOD)Between0-10.618
Net Profit Margin (MRQ)Greater than0-0.652
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.115
Current Ratio (MRQ)Greater than10.694
Debt to Asset Ratio (MRQ)Less than10.592
Debt to Equity Ratio (MRQ)Less than11.407
Return on Equity (MRQ)Greater than0.15-0.035
Return on Assets (MRQ)Greater than0.05-0.015
Total2/10 (20.0%)

3.4 Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.304
Ma 20Greater thanMa 500.093
Ma 50Greater thanMa 1000.092
Ma 100Greater thanMa 2000.103
OpenGreater thanClose0.095
Total2/5 (40.0%)

4. In-depth Analysis

4.1 About Thriven Global Bhd

Thriven Global Berhad, an investment holding company, develops and invests in properties in Malaysia. It operates through Property Development, Property Investment, Food and Beverages, and Investment Holding and Others segments. The company also offers hospitality, retail management, property ownership and management, and maintenance and facilities management services, as well as engages in the food and beverage and parking facilities operations. In addition, it provides car wash services; and operates self-owned or leased real estate. The company was formerly known as Mulpha Land Berhad and changed its name to Thriven Global Berhad in June 2015. Thriven Global Berhad was incorporated in 1989 and is headquartered in Petaling Jaya, Malaysia.

Fundamental data was last updated by Penke on 2025-06-28 08:47:03.

4.2 In-depth Summary

4.2.1. Financial Health Summary

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 inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able 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 able to pay all its debts with equity.

4.2.2. Valuation Summary

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

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profitΒ Thriven earns for each RM1 of revenue.

  • Above 10% is considered healthy but always compareΒ Thriven to theΒ Real Estate - Diversified industry mean.
  • A Net Profit Margin of -65.2%Β means thatΒ RM-0.65 for each RM1Β in revenue is generated as profit.

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

  • The MRQ is -65.2%. The company is making a huge loss. -2
  • The TTM is -90.4%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-65.2%TTM-90.4%+25.3%
TTM-90.4%YOY-67.9%-22.5%
TTM-90.4%5Y-51.3%-39.2%
5Y-51.3%10Y-34.2%-17.1%
4.3.1.2. Return on Assets

Shows howΒ efficientΒ Thriven is using its assets to generate profit.

  • Above 5% is considered healthyΒ but always compareΒ Thriven to theΒ Real Estate - Diversified industry mean.
  • -1.5% Return on Assets means thatΒ Thriven generatedΒ RM-0.01 profit for each $1 in assets.

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

  • The MRQ is -1.5%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -2.8%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.5%TTM-2.8%+1.4%
TTM-2.8%YOY-3.1%+0.3%
TTM-2.8%5Y-1.9%-0.9%
5Y-1.9%10Y-1.1%-0.8%
4.3.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compareΒ Thriven to theΒ Real Estate - Diversified industry mean.
  • -3.5% Return on Equity means Thriven generated RM-0.04Β for eachΒ RM1 the owners (shareholders) invested.

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

  • The MRQ is -3.5%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -6.7%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-3.5%TTM-6.7%+3.2%
TTM-6.7%YOY-7.0%+0.3%
TTM-6.7%5Y-4.4%-2.3%
5Y-4.4%10Y-2.7%-1.6%
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4.3.2. Operating Efficiency of Thriven Global Bhd.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

MeasuresΒ how efficient Thriven is operatingΒ .

  • Measures how much profit Thriven makes for each RM1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compareΒ Thriven to theΒ Real Estate - Diversified industry mean.
  • An Operating Margin of 0.0%Β means the company generated RM0.00 Β for each RM1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Thriven Global Bhd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-3.2%+3.2%
TTM-5Y-0.2%+0.2%
5Y-0.2%10Y1.6%-1.8%
4.3.2.2. Operating Ratio

Measures how efficient Thriven is keepingΒ operating costsΒ low.

  • Below 1 is considered healthy (always compare toΒ Real Estate - Diversified industry mean).
  • An Operation Ratio of 2.39 means that the operating costs are RM2.39 for each RM1 in net sales.

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

  • The MRQ is 2.393. The company is inefficient in keeping operating costs low. -1
  • The TTM is 2.800. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ2.393TTM2.800-0.408
TTM2.800YOY2.291+0.510
TTM2.8005Y2.126+0.674
5Y2.12610Y1.921+0.206
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4.4.3. Liquidity of Thriven Global Bhd.

4.4.3. Liquidity
4.4.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare toΒ Real Estate - Diversified industry mean).
  • A Current Ratio of 0.69Β means the company has RM0.69 in assets for each RM1 in short-term debts.

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

  • The MRQ is 0.694. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.881. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.694TTM0.881-0.186
TTM0.881YOY0.948-0.067
TTM0.8815Y1.295-0.414
5Y1.29510Y1.649-0.354
4.4.3.2. Quick Ratio

Measures if Thriven is able to pay off Short-term Debt but only usingΒ theΒ most liquid assets.

  • Above 1 is considered healthy butΒ always compareΒ Thriven to theΒ Real Estate - Diversified industry mean.
  • A Quick Ratio of 0.12Β means the company can pay off RM0.12 for each RM1 in debt (using most liquid assets).

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

  • The MRQ is 0.115. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.100. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.115TTM0.100+0.015
TTM0.100YOY0.203-0.103
TTM0.1005Y0.414-0.313
5Y0.41410Y0.441-0.027
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4.5.4. Solvency of Thriven Global Bhd.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much %Β of ThrivenΒ assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compareΒ Thriven to Real Estate - Diversified industry mean.
  • A Debt to Asset Ratio of 0.59Β means that Thriven assets areΒ financed with 59.2% credit (debt) and the remaining percentage (100% - 59.2%)Β is financed by its owners/shareholders.Β 

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

  • The MRQ is 0.592. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.570. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.592TTM0.570+0.022
TTM0.570YOY0.541+0.029
TTM0.5705Y0.534+0.035
5Y0.53410Y0.533+0.002
4.5.4.2. Debt to Equity Ratio

Measures ifΒ Thriven is able toΒ pay off its debts by usingΒ shareholders equity.

  • Below 2 is considered healthy butΒ always compareΒ Thriven to theΒ Real Estate - Diversified industry mean.
  • A Debt to Equity ratio of 140.7% means that company has RM1.41 debt for each RM1 in shareholders equity.

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

  • The MRQ is 1.407. The company is able to pay all its debts with equity. +1
  • The TTM is 1.323. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.407TTM1.323+0.084
TTM1.323YOY1.204+0.119
TTM1.3235Y1.158+0.165
5Y1.15810Y0.961+0.197
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

MeasuresΒ how much money you payΒ for each share forΒ every RM1 in earnings Thriven generates.

  • Above 15 is considered overpriced butΒ always compareΒ Thriven to theΒ Real Estate - Diversified industry mean.
  • A PE ratio of -6.90 means the investor is paying RM-6.90Β for every RM1 in earnings.

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

  • The EOD is -4.282. Based on the earnings, the company is expensive. -2
  • The MRQ is -6.899. Based on the earnings, the company is expensive. -2
  • The TTM is 7.440. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-4.282MRQ-6.899+2.617
MRQ-6.899TTM7.440-14.339
TTM7.440YOY-2.403+9.844
TTM7.4405Y0.078+7.362
5Y0.07810Y-10.757+10.835
4.6.2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 12.622. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 20.335. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 30.345. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD12.622MRQ20.335-7.713
MRQ20.335TTM30.345-10.010
TTM30.345YOY-3.426+33.771
TTM30.3455Y3.670+26.675
5Y3.67010Y2.639+1.031
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price ofΒ Thriven is to cheap or to expensiveΒ compared to its book value.

  • At or below 1 is considered healthyΒ (always compare to Real Estate - Diversified industry mean).
  • A PB ratio of 1.00 means the investor is paying RM1.00Β for each RM1 in book value.

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

  • The EOD is 0.618. Based on the equity, the company is cheap. +2
  • The MRQ is 0.996. Based on the equity, the company is cheap. +2
  • The TTM is 0.859. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.618MRQ0.996-0.378
MRQ0.996TTM0.859+0.137
TTM0.859YOY0.499+0.361
TTM0.8595Y0.569+0.290
5Y0.56910Y0.800-0.231
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2025-03-31. Currency in MYR. All numbers in thousands.

Summary
Total Assets194,980
Total Liabilities115,377
Total Stockholder Equity81,983
 As reported
Total Liabilities 115,377
Total Stockholder Equity+ 81,983
Total Assets = 194,980

Assets

Total Assets194,980
Total Current Assets52,473
Long-term Assets142,507
Total Current Assets
Cash And Cash Equivalents 6,187
Net Receivables 8,690
Inventory 36,647
Total Current Assets  (as reported)52,473
Total Current Assets  (calculated)51,524
+/- 949
Long-term Assets
Property Plant Equipment 11,339
Long-term Assets Other 57,540
Long-term Assets  (as reported)142,507
Long-term Assets  (calculated)68,879
+/- 73,628

Liabilities & Shareholders' Equity

Total Current Liabilities75,564
Long-term Liabilities39,813
Total Stockholder Equity81,983
Total Current Liabilities
Short Long Term Debt 30,547
Accounts payable 41,610
Total Current Liabilities  (as reported)75,564
Total Current Liabilities  (calculated)72,157
+/- 3,407
Long-term Liabilities
Long term Debt 38,311
Capital Lease Obligations Min Short Term Debt1,433
Long-term Liabilities  (as reported)39,813
Long-term Liabilities  (calculated)39,744
+/- 69
Total Stockholder Equity
Total Stockholder Equity (as reported)81,983
Total Stockholder Equity (calculated)0
+/- 81,983
Other
Capital Stock59,587
Common Stock Shares Outstanding 546,944
Net Debt 62,671
Net Invested Capital 150,841
Net Working Capital -23,091
Property Plant and Equipment Gross 11,339



6.2. Balance Sheets Structured

Currency in MYR. All numbers in thousands.

 Trend2025-03-312024-12-312024-09-302024-06-302024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312016-03-312015-12-312015-09-302015-06-30
> Total Assets 
354,000
407,000
400,000
384,000
386,007
358,547
408,860
423,708
413,286
417,245
377,307
369,295
382,145
373,392
372,362
371,707
334,278
320,204
318,907
334,616
307,135
277,253
261,930
259,890
249,049
234,253
227,250
200,664
194,980
194,980200,664227,250234,253249,049259,890261,930277,253307,135334,616318,907320,204334,278371,707372,362373,392382,145369,295377,307417,245413,286423,708408,860358,547386,007384,000400,000407,000354,000
   > Total Current Assets 
297,000
343,000
335,000
319,000
338,630
311,769
344,303
353,466
343,528
345,480
293,049
296,943
311,412
303,083
301,027
300,464
261,060
246,152
243,758
149,090
120,969
92,448
78,507
94,587
84,447
74,494
71,905
57,387
52,473
52,47357,38771,90574,49484,44794,58778,50792,448120,969149,090243,758246,152261,060300,464301,027303,083311,412296,943293,049345,480343,528353,466344,303311,769338,630319,000335,000343,000297,000
       Cash And Cash Equivalents 
41,000
26,000
41,000
39,000
0
0
9,519
15,821
23,029
15,955
15,230
3,840
11,391
13,681
7,122
11,114
18,183
9,819
19,691
11,393
21,505
18,469
15,476
5,195
7,665
8,711
12,446
3,829
6,187
6,1873,82912,4468,7117,6655,19515,47618,46921,50511,39319,6919,81918,18311,1147,12213,68111,3913,84015,23015,95523,02915,8219,5190039,00041,00026,00041,000
       Short-term Investments 
0
0
1,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000000000001,00000
       Net Receivables 
6,000
29,000
17,000
5,000
117,596
108,923
112,407
140,672
148,915
153,586
100,008
98,496
120,714
109,738
108,562
113,704
69,389
60,937
54,911
29,007
33,213
31,114
15,977
10,929
5,429
6,659
8,457
5,528
8,690
8,6905,5288,4576,6595,42910,92915,97731,11433,21329,00754,91160,93769,389113,704108,562109,738120,71498,496100,008153,586148,915140,672112,407108,923117,5965,00017,00029,0006,000
       Inventory 
250,000
287,000
276,000
275,000
213,796
195,850
222,135
195,471
169,460
174,706
177,236
183,866
179,023
179,180
184,858
175,427
173,232
175,084
169,156
108,690
66,249
42,865
34,914
54,307
52,269
52,142
47,581
37,603
36,647
36,64737,60347,58152,14252,26954,30734,91442,86566,249108,690169,156175,084173,232175,427184,858179,180179,023183,866177,236174,706169,460195,471222,135195,850213,796275,000276,000287,000250,000
   > Long-term Assets 
0
0
0
0
0
0
64,557
70,242
69,758
71,765
84,258
71,007
70,733
70,309
71,335
71,243
73,218
74,052
75,149
185,283
186,166
184,805
183,423
165,303
164,602
159,759
155,345
143,277
142,507
142,507143,277155,345159,759164,602165,303183,423184,805186,166185,28375,14974,05273,21871,24371,33570,30970,73371,00784,25871,76569,75870,24264,557000000
       Property Plant Equipment 
0
0
0
0
10,147
9,662
28,044
7,777
6,627
5,893
5,209
4,587
4,482
5,127
4,990
4,608
4,912
5,397
7,175
9,921
11,884
12,107
12,982
10,808
10,936
10,973
10,590
11,117
11,339
11,33911,11710,59010,97310,93610,80812,98212,10711,8849,9217,1755,3974,9124,6084,9905,1274,4824,5875,2095,8936,6277,77728,0449,66210,1470000
       Goodwill 
2,000
7,000
7,000
7,000
5,314
5,314
5,314
5,314
5,314
5,314
5,314
5,314
5,314
5,314
5,314
5,314
5,314
5,443
5,443
5,314
5,314
5,314
5,314
5,314
5,314
5,314
5,314
0
0
005,3145,3145,3145,3145,3145,3145,3145,3145,4435,4435,3145,3145,3145,3145,3145,3145,3145,3145,3145,3145,3145,3145,3147,0007,0007,0002,000
       Other Assets 
0
0
0
0
31,916
31,802
31,199
30,888
31,158
31,295
31,208
31,767
31,580
31,838
32,141
32,592
32,592
32,716
62,531
168,091
83,652
167,384
0
0
0
0
0
0
0
0000000167,38483,652168,09162,53132,71632,59232,59232,14131,83831,58031,76731,20831,29531,15830,88831,19931,80231,9160000
> Total Liabilities 
199,000
248,000
238,000
223,000
183,444
152,510
198,772
219,865
210,587
220,112
184,788
187,842
199,664
192,731
193,652
206,194
172,308
164,030
157,116
177,911
169,334
145,602
132,120
147,109
141,732
131,350
122,381
117,996
115,377
115,377117,996122,381131,350141,732147,109132,120145,602169,334177,911157,116164,030172,308206,194193,652192,731199,664187,842184,788220,112210,587219,865198,772152,510183,444223,000238,000248,000199,000
   > Total Current Liabilities 
74,000
124,000
130,000
123,000
160,464
127,061
173,291
207,286
200,602
210,780
165,980
170,566
185,349
180,725
183,073
192,874
159,223
151,727
152,120
142,025
125,992
108,646
98,337
85,833
81,188
68,186
71,841
78,093
75,564
75,56478,09371,84168,18681,18885,83398,337108,646125,992142,025152,120151,727159,223192,874183,073180,725185,349170,566165,980210,780200,602207,286173,291127,061160,464123,000130,000124,00074,000
       Short-term Debt 
135,000
156,000
207,000
153,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000000000153,000207,000156,000135,000
       Short Long Term Debt 
135,000
156,000
207,000
153,000
0
0
75,933
100,787
104,185
104,149
87,632
96,189
111,807
100,387
98,227
106,080
93,177
91,991
89,446
52,290
49,189
53,896
54,554
24,572
18,726
13,296
21,943
31,793
30,547
30,54731,79321,94313,29618,72624,57254,55453,89649,18952,29089,44691,99193,177106,08098,227100,387111,80796,18987,632104,149104,185100,78775,93300153,000207,000156,000135,000
       Accounts payable 
37,000
52,000
3,000
65,000
0
0
75,384
58,844
88,416
98,630
71,256
40,104
62,479
68,308
72,944
55,728
54,931
49,313
54,356
83,457
72,228
47,292
38,025
30,633
57,179
49,578
43,757
15,459
41,610
41,61015,45943,75749,57857,17930,63338,02547,29272,22883,45754,35649,31354,93155,72872,94468,30862,47940,10471,25698,63088,41658,84475,3840065,0003,00052,00037,000
       Other Current Liabilities 
22,000
34,000
22,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,398
3,448
0
5,383
0
0
0
0
0
0
0
00000005,38303,4485,39800000000000000022,00034,00022,000
   > Long-term Liabilities 
0
0
0
0
0
0
25,481
11,994
9,269
8,680
17,658
15,547
11,439
8,366
6,669
9,878
9,908
7,905
880
30,209
39,038
32,426
33,783
61,276
60,544
63,164
50,540
39,903
39,813
39,81339,90350,54063,16460,54461,27633,78332,42639,03830,2098807,9059,9089,8786,6698,36611,43915,54717,6588,6809,26911,99425,481000000
       Long term Debt Total 
0
0
0
0
25,397
27,297
25,481
11,994
9,269
0
17,658
15,547
11,439
8,366
6,669
9,878
9,908
7,905
880
30,209
39,038
32,426
0
0
0
0
0
0
0
000000032,42639,03830,2098807,9059,9089,8786,6698,36611,43915,54717,65809,26911,99425,48127,29725,3970000
> Total Stockholder Equity
0
0
0
0
202,563
206,037
211,190
203,843
202,699
197,133
192,519
181,453
182,481
180,661
178,710
165,513
161,970
156,174
161,791
156,705
137,801
131,651
127,216
110,696
105,560
101,500
101,944
84,857
81,983
81,98384,857101,944101,500105,560110,696127,216131,651137,801156,705161,791156,174161,970165,513178,710180,661182,481181,453192,519197,133202,699203,843211,190206,037202,5630000
   Retained Earnings 
26,000
31,000
21,000
20,000
142,976
146,450
47,918
144,257
143,113
137,547
132,933
121,866
122,894
121,074
119,123
105,926
102,383
96,587
24,218
19,132
78,214
-5,922
-10,357
-26,877
-32,013
-36,073
-35,629
-52,716
-55,590
-55,590-52,716-35,629-36,073-32,013-26,877-10,357-5,92278,21419,13224,21896,587102,383105,926119,123121,074122,894121,866132,933137,547143,113144,25747,918146,450142,97620,00021,00031,00026,000
   Accumulated Other Comprehensive Income 00000000000000000000000000000
   Capital Surplus 00000000000000000000000000000
   Treasury Stock00000000000000000000000000000



6.3. Balance Sheets

Currency in MYR. All numbers in thousands.




6.4. Cash Flows

Currency in MYR. All numbers in thousands.




6.5. Income Statements

Currency in MYR. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2024-12-31. Currency in MYR. All numbers in thousands.

Gross Profit (+$)
totalRevenue32,927
Cost of Revenue-26,143
Gross Profit6,7846,784
 
Operating Income (+$)
Gross Profit6,784
Operating Expense-63,355
Operating Income-30,428-56,571
 
Operating Expense (+$)
Research Development-
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense63,3550
 
Net Interest Income (+$)
Interest Income485
Interest Expense-5,267
Other Finance Cost-0
Net Interest Income-4,782
 
Pretax Income (+$)
Operating Income-30,428
Net Interest Income-4,782
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-24,245-30,428
EBIT - interestExpense = -5,267
-25,839
-20,572
Interest Expense5,267
Earnings Before Interest and Taxes (EBIT)--18,978
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-24,245
Tax Provision-687
Net Income From Continuing Ops-24,932-24,932
Net Income-25,839
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-4,782
 

Technical Analysis of Thriven
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 Thriven. The general trend of Thriven is BEARISH with 71.4% 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 Thriven'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 (-71.4%) Bearish trend (71.4%)
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. Thriven 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.

SupportΒ is a price level at which demand for an asset is strong enough to prevent the price from falling further.
ResistanceΒ 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 Thriven Global Bhd.

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

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.1 < 0.1 < 0.1.

The bearish price targets are: 0.08 > 0.08 > 0.08.

Know someone who trades $7889? Share this with them.πŸ‘‡

Thriven Global Bhd Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows theΒ moving averageΒ of the selected period.

  • Moving averages are laggingΒ 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 Thriven Global Bhd. The current mas is .

The long score for the Moving Averages is 2/14.
The longshort score for the Moving Averages is -10/(-14 +14).

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

Thriven Global Bhd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows theΒ momentumΒ of theΒ selected period based on two moving averages.

  • MACD is aΒ lagging momentumΒ 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 Thriven Global Bhd. The current macd is -0.00010548.

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

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Thriven price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Thriven. 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 Thriven price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Thriven Global Bhd Daily Moving Average Convergence/Divergence (MACD) ChartThriven Global 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 Thriven Global Bhd. The current adx is 39.82.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Thriven shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Thriven Global 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.
  • ShowsΒ the current trend.
  • ShowsΒ potential entry signals.
  • ShowsΒ Β potential exit signals.
  • Can be used to placeΒ trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Thriven Global Bhd. The current sar is 0.11475677.

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
Thriven Global Bhd Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentumΒ indicator, meaning the signals are instant.
  • RangesΒ 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 Thriven Global Bhd. The current rsi is 47.30. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -3/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
Thriven Global Bhd Daily Relative Strength Index (RSI) ChartThriven Global Bhd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

ComparesΒ a certain price to multiple prices ranging over time.

  • LeadingΒ momentumΒ indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • RangesΒ 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 Thriven Global 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 Thriven price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Thriven Global Bhd Daily Stochastic Oscillator ChartThriven Global 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,Β 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 Thriven Global Bhd. The current cci is -34.05017921.

Thriven Global Bhd Daily Commodity Channel Index (CCI) ChartThriven Global 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 Thriven Global Bhd. The current cmo is -10.6369338.

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

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Thriven Global Bhd Daily Chande Momentum Oscillator (CMO) ChartThriven Global Bhd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Β Shows the current price relative to the highest high over the last 14 days.
Β 

  • Lagging momentum indicator
  • Ranging between 0 andΒ -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 Thriven Global Bhd. The current willr is -100.

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

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Thriven Global Bhd Daily Williams %R ChartThriven Global Bhd Daily Williams %R Chart
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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 oversoldΒ 

Score

Let's take a look at the Bollinger Bands of Thriven Global Bhd.

Thriven Global 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 Thriven Global Bhd. The current atr is 0.00786678.

Thriven Global Bhd Daily Average True Range (ATR) ChartThriven Global Bhd Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

Β 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 Thriven Global Bhd. The current obv is 82,985,502.

Thriven Global Bhd Daily On-Balance Volume (OBV) ChartThriven Global 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 Thriven Global Bhd. The current mfi is 87.28.

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

  • MFI > 50: +1
  • MFI > 80: +1
Thriven Global Bhd Daily Money Flow Index (MFI) ChartThriven Global Bhd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Thriven Global 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
2025-02-12CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-13STOCH 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-14STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-17SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-02-18CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-02-20MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-25STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-06MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-03-10STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-12STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-19CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-03-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-03-24STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-04-02RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-03SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-04-04CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-04-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-10STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-14STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-16STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-17STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-18STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-21MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-04-23MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-04-24STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-04-28MACD 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.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-04-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-04-30STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-02STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-05-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-05-15STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-21STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-23STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-28SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-05-29STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-30WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-06-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-06-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-06STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-10WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-12STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-16STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-17STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-18CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-06-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-26MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-06-30STOCH LONG EXITThe %K line crosses below the %D line.
2025-07-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-07-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-07-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

6.3. Candlestick Patterns

Thriven Global Bhd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.304
Ma 20Greater thanMa 500.093
Ma 50Greater thanMa 1000.092
Ma 100Greater thanMa 2000.103
OpenGreater thanClose0.095
Total2/5 (40.0%)
Penke
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