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Thriven Global Bhd
Buy, Hold or Sell?

Let's analyse Thriven together

PenkeI 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.

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.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Thriven (30 sec.)










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
RM0.24
Expected worth in 1 year
RM0.18
How sure are you?
34.8%

+ What do you gain per year?

Total Gains per Share
RM-0.06
Return On Investment
-48.7%

For what price can you sell your share?

Current Price per Share
RM0.12
Expected price per share
RM0.105 - RM0.17
How sure are you?
50%

1. Valuation of Thriven (5 min.)




Live pricePrice per Share (EOD)

RM0.12

Intrinsic Value Per Share

RM-1.89 - RM-2.29

Total Value Per Share

RM-1.65 - RM-2.05

2. Growth of Thriven (5 min.)




Is Thriven growing?

Current yearPrevious yearGrowGrow %
How rich?$27.4m$34.1m-$4.7m-16.1%

How much money is Thriven making?

Current yearPrevious yearGrowGrow %
Making money-$1.8m-$793.7k-$1m-56.6%
Net Profit Margin-31.3%-59.6%--

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

3. Financial Health of Thriven (5 min.)




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

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

What can you expect buying and holding 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 RM0.12. 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 RM0.24. 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?

 MRQTTMYOY5Y10Y
 RM% 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%0.00-1.8%0.00-1.2%0.00-0.5%0.00-0.4%
Usd Book Value Change Per Share0.00-0.6%0.00-2.6%0.00-1.4%0.00-0.5%0.001.8%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.00-0.6%0.00-2.6%0.00-1.4%0.00-0.5%0.001.8%
Usd Price Per Share0.02-0.02-0.03-0.03-0.05-
Price to Earnings Ratio-3.24--2.64--2.39--7.96--14.69-
Price-to-Total Gains Ratio-31.19--13.56--7.12--8.72--10.52-
Price to Book Ratio0.44-0.41-0.47-0.50-0.81-
Price-to-Total Gains Ratio-31.19--13.56--7.12--8.72--10.52-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.025368
Number of shares39419
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 (39419 shares)-121.81-25.01
Gains per Year (39419 shares)-487.26-100.04
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-487-4970-100-110
20-975-9840-200-210
30-1462-14710-300-310
40-1949-19580-400-410
50-2436-24450-500-510
60-2924-29320-600-610
70-3411-34190-700-710
80-3898-39060-800-810
90-4385-43930-900-910
100-4873-48800-1000-1010

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 Share0.04.00.00.0%2.010.00.016.7%6.013.00.031.6%8.015.00.034.8%8.015.00.034.8%
Book Value Change Per Share0.04.00.00.0%2.010.00.016.7%5.014.00.026.3%8.015.00.034.8%8.015.00.034.8%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.019.00.0%0.00.023.00.0%0.00.023.00.0%
Total Gains per Share0.04.00.00.0%2.010.00.016.7%5.014.00.026.3%8.015.00.034.8%8.015.00.034.8%

Fundamentals of Thriven

About Thriven Global Bhd

Thriven Global Berhad, an investment holding company, develops and invests in properties in Malaysia. The company operates through Property development, Property development, Food and beverages, and Investment holding and Others segments. It also offers maintenance and facilities management services, as well as engages in the hospitality and lifestyle retail activity. In addition, it operates household goods and groceries, convenience stores, mini market, and supermarket. 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 2024-03-08 06:34:03.

Financial Health

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

Valuation

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

1.1. Profitability of Thriven Global Bhd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Thriven to the Real Estate - Diversified industry mean.
  • A Net Profit Margin of -25.2% means that RM-0.25 for each RM1 in revenue is generated as profit.

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

  • The MRQ is -25.2%. The company is making a huge loss. -2
  • The TTM is -31.3%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-25.2%TTM-31.3%+6.1%
TTM-31.3%YOY-59.6%+28.3%
TTM-31.3%5Y-22.0%-9.3%
5Y-22.0%10Y-17.6%-4.4%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Thriven to the Real Estate - Diversified industry mean.
  • -1.7% Return on Assets means that Thriven generated RM-0.02 profit for each $1 in assets.

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

  • The MRQ is -1.7%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -2.9%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.7%TTM-2.9%+1.2%
TTM-2.9%YOY-1.0%-1.9%
TTM-2.9%5Y-0.7%-2.2%
5Y-0.7%10Y-0.6%-0.2%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Thriven to the Real Estate - Diversified industry mean.
  • -3.5% Return on Equity means Thriven generated RM-0.03 for each 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 -6.3%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-3.5%TTM-6.3%+2.8%
TTM-6.3%YOY-2.3%-4.0%
TTM-6.3%5Y-1.7%-4.6%
5Y-1.7%10Y-1.4%-0.3%

1.2. Operating Efficiency of Thriven Global Bhd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Thriven is operating .

  • 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 compare Thriven to the Real Estate - Diversified 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 Thriven Global Bhd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-9.1%+9.1%
TTM-9.1%YOY5.8%-14.9%
TTM-9.1%5Y1.2%-10.3%
5Y1.2%10Y2.0%-0.8%
1.2.2. Operating Ratio

Measures how efficient Thriven is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Real Estate - Diversified industry mean).
  • An Operation Ratio of 2.01 means that the operating costs are RM2.01 for each RM1 in net sales.

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

  • The MRQ is 2.008. The company is inefficient in keeping operating costs low. -1
  • The TTM is 2.157. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ2.008TTM2.157-0.148
TTM2.157YOY2.054+0.103
TTM2.1575Y1.728+0.429
5Y1.72810Y1.717+0.011

1.3. Liquidity of Thriven Global Bhd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Real Estate - Diversified industry mean).
  • A Current Ratio of 0.80 means the company has RM0.80 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 0.798. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.915. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.798TTM0.915-0.116
TTM0.915YOY1.606-0.691
TTM0.9155Y1.589-0.675
5Y1.58910Y1.832-0.243
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Thriven to the Real Estate - Diversified industry mean.
  • A Quick Ratio of 0.16 means the company can pay off RM0.16 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 0.162. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.334. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.162TTM0.334-0.172
TTM0.334YOY0.538-0.204
TTM0.3345Y0.615-0.281
5Y0.61510Y0.530+0.085

1.4. Solvency of Thriven Global Bhd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Thriven to Real Estate - Diversified industry mean.
  • A Debt to Asset Ratio of 0.50 means that Thriven assets are financed with 50.4% credit (debt) and the remaining percentage (100% - 50.4%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.504. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.528. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.504TTM0.528-0.024
TTM0.528YOY0.519+0.009
TTM0.5285Y0.510+0.018
5Y0.51010Y0.523-0.013
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Thriven to the Real Estate - Diversified industry mean.
  • A Debt to Equity ratio of 103.9% means that company has RM1.04 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 1.039. The company is able to pay all its debts with equity. +1
  • The TTM is 1.127. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.039TTM1.127-0.089
TTM1.127YOY1.083+0.044
TTM1.1275Y1.047+0.080
5Y1.04710Y0.865+0.182

2. Market Valuation of Thriven Global 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 Thriven generates.

  • Above 15 is considered overpriced but always compare Thriven to the Real Estate - Diversified industry mean.
  • A PE ratio of -3.24 means the investor is paying RM-3.24 for every RM1 in earnings.

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

  • The EOD is -3.700. Based on the earnings, the company is expensive. -2
  • The MRQ is -3.237. Based on the earnings, the company is expensive. -2
  • The TTM is -2.643. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.700MRQ-3.237-0.462
MRQ-3.237TTM-2.643-0.594
TTM-2.643YOY-2.386-0.257
TTM-2.6435Y-7.961+5.319
5Y-7.96110Y-14.686+6.725
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 -4.340. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -3.797. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -1.577. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-4.340MRQ-3.797-0.542
MRQ-3.797TTM-1.577-2.221
TTM-1.577YOY-2.782+1.205
TTM-1.5775Y-2.185+0.609
5Y-2.18510Y-1.805-0.380
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Real Estate - Diversified industry mean).
  • A PB ratio of 0.44 means the investor is paying RM0.44 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 0.506. Based on the equity, the company is cheap. +2
  • The MRQ is 0.442. Based on the equity, the company is cheap. +2
  • The TTM is 0.412. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.506MRQ0.442+0.063
MRQ0.442TTM0.412+0.030
TTM0.412YOY0.470-0.058
TTM0.4125Y0.499-0.087
5Y0.49910Y0.812-0.313
2. Total Gains per Share

3. Summary

3.1. 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+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.003-0.015+334%-0.008+130%-0.003-11%0.010-133%
Book Value Per Share--0.2370.254-7%0.295-20%0.321-26%0.312-24%
Current Ratio--0.7980.915-13%1.606-50%1.589-50%1.832-56%
Debt To Asset Ratio--0.5040.528-4%0.519-3%0.510-1%0.523-4%
Debt To Equity Ratio--1.0391.127-8%1.083-4%1.047-1%0.865+20%
Dividend Per Share----0%-0%-0%-0%
Eps---0.008-0.010+23%-0.007-15%-0.003-62%-0.002-74%
Free Cash Flow Per Share---0.0070.003-302%0.017-141%0.007-203%0.007-203%
Free Cash Flow To Equity Per Share---0.007-0.001-83%-0.003-59%-0.004-49%-0.004-49%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---2.288--------
Intrinsic Value_10Y_min---1.892--------
Intrinsic Value_1Y_max---0.016--------
Intrinsic Value_1Y_min---0.016--------
Intrinsic Value_3Y_max---0.211--------
Intrinsic Value_3Y_min---0.198--------
Intrinsic Value_5Y_max---0.602--------
Intrinsic Value_5Y_min---0.545--------
Market Cap65633280.000+13%57429120.00056745440.000+1%75888480.000-24%88818586.573-35%136303530.152-58%
Net Profit Margin---0.252-0.313+24%-0.596+136%-0.220-13%-0.176-30%
Operating Margin----0.0910%0.058-100%0.012-100%0.020-100%
Operating Ratio--2.0082.157-7%2.054-2%1.728+16%1.717+17%
Pb Ratio0.506+13%0.4420.412+7%0.470-6%0.499-11%0.812-46%
Pe Ratio-3.700-14%-3.237-2.643-18%-2.386-26%-7.961+146%-14.686+354%
Price Per Share0.120+13%0.1050.104+1%0.139-24%0.162-35%0.228-54%
Price To Free Cash Flow Ratio-4.340-14%-3.797-1.577-58%-2.782-27%-2.185-42%-1.805-52%
Price To Total Gains Ratio-35.651-14%-31.195-13.558-57%-7.119-77%-8.720-72%-10.518-66%
Quick Ratio--0.1620.334-51%0.538-70%0.615-74%0.530-69%
Return On Assets---0.017-0.029+71%-0.010-40%-0.007-56%-0.006-67%
Return On Equity---0.035-0.063+80%-0.023-34%-0.017-51%-0.014-60%
Total Gains Per Share---0.003-0.015+334%-0.008+130%-0.003-11%0.010-133%
Usd Book Value--27441834.00029382855.950-7%34111926.800-20%37157466.463-26%36550159.252-25%
Usd Book Value Change Per Share---0.001-0.003+334%-0.002+130%-0.001-11%0.002-133%
Usd Book Value Per Share--0.0500.054-7%0.062-20%0.068-26%0.066-24%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.002-0.002+23%-0.001-15%-0.001-62%0.000-74%
Usd Free Cash Flow---799303.400395582.250-302%1939542.150-141%612003.000-231%505567.696-258%
Usd Free Cash Flow Per Share---0.0010.001-302%0.004-141%0.001-203%0.001-203%
Usd Free Cash Flow To Equity Per Share---0.0010.000-83%-0.001-59%-0.001-49%-0.001-49%
Usd Market Cap13874875.392+13%12140515.96811995986.016+1%16042824.672-24%18776249.202-35%28814566.274-58%
Usd Price Per Share0.025+13%0.0220.022+1%0.029-24%0.034-35%0.048-54%
Usd Profit---937559.000-1827288.750+95%-793754.150-15%-494586.989-47%-362615.339-61%
Usd Revenue--3717891.8005440220.450-32%3657695.650+2%7025678.726-47%6438021.557-42%
Usd Total Gains Per Share---0.001-0.003+334%-0.002+130%-0.001-11%0.002-133%
 EOD+5 -3MRQTTM+18 -14YOY+13 -205Y+5 -2810Y+4 -29

3.2. 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)Between0-15-3.700
Price to Book Ratio (EOD)Between0-10.506
Net Profit Margin (MRQ)Greater than0-0.252
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.162
Current Ratio (MRQ)Greater than10.798
Debt to Asset Ratio (MRQ)Less than10.504
Debt to Equity Ratio (MRQ)Less than11.039
Return on Equity (MRQ)Greater than0.15-0.035
Return on Assets (MRQ)Greater than0.05-0.017
Total2/10 (20.0%)

3.3. 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 than5053.442
Ma 20Greater thanMa 500.119
Ma 50Greater thanMa 1000.105
Ma 100Greater thanMa 2000.106
OpenGreater thanClose0.120
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets261,930
Total Liabilities132,120
Total Stockholder Equity127,216
 As reported
Total Liabilities 132,120
Total Stockholder Equity+ 127,216
Total Assets = 261,930

Assets

Total Assets261,930
Total Current Assets78,507
Long-term Assets183,423
Total Current Assets
Cash And Cash Equivalents 15,476
Net Receivables 15,977
Inventory 34,914
Total Current Assets  (as reported)78,507
Total Current Assets  (calculated)66,367
+/- 12,140
Long-term Assets
Property Plant Equipment 12,982
Goodwill 5,314
Long-term Assets Other 77,840
Long-term Assets  (as reported)183,423
Long-term Assets  (calculated)96,136
+/- 87,287

Liabilities & Shareholders' Equity

Total Current Liabilities98,337
Long-term Liabilities33,783
Total Stockholder Equity127,216
Total Current Liabilities
Short Long Term Debt 54,554
Accounts payable 38,025
Total Current Liabilities  (as reported)98,337
Total Current Liabilities  (calculated)92,579
+/- 5,758
Long-term Liabilities
Long term Debt 32,079
Capital Lease Obligations Min Short Term Debt2,623
Long-term Liabilities  (as reported)33,783
Long-term Liabilities  (calculated)34,702
+/- 919
Total Stockholder Equity
Total Stockholder Equity (as reported)127,216
Total Stockholder Equity (calculated)0
+/- 127,216
Other
Capital Stock59,587
Common Stock Shares Outstanding 546,944
Net Debt 71,157
Net Invested Capital 213,849
Net Working Capital -19,830



Balance Sheet

Currency in MYR. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312016-03-312015-12-312015-09-302015-06-30
> 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
261,930277,253307,135334,616318,907320,204334,278371,707372,362373,392382,145369,295377,307417,245413,286423,708408,860358,547386,007384,000400,000407,000354,000
   > 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
78,50792,448120,969149,090243,758246,152261,060300,464301,027303,083311,412296,943293,049345,480343,528353,466344,303311,769338,630319,000335,000343,000297,000
       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
15,47618,46921,50511,39319,6919,81918,18311,1147,12213,68111,3913,84015,23015,95523,02915,8219,5190039,00041,00026,00041,000
       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
000000000000000000001,00000
       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
15,97731,11433,21329,00754,91160,93769,389113,704108,562109,738120,71498,496100,008153,586148,915140,672112,407108,923117,5965,00017,00029,0006,000
       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
34,91442,86566,249108,690169,156175,084173,232175,427184,858179,180179,023183,866177,236174,706169,460195,471222,135195,850213,796275,000276,000287,000250,000
   > 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
183,423184,805186,166185,28375,14974,05273,21871,24371,33570,30970,73371,00784,25871,76569,75870,24264,557000000
       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
12,98212,10711,8849,9217,1755,3974,9124,6084,9905,1274,4824,5875,2095,8936,6277,77728,0449,66210,1470000
       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
5,3145,3145,3145,3145,4435,4435,3145,3145,3145,3145,3145,3145,3145,3145,3145,3145,3145,3145,3147,0007,0007,0002,000
       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
0167,38483,652168,09162,53132,71632,59232,59232,14131,83831,58031,76731,20831,29531,15830,88831,19931,80231,9160000
> 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
132,120145,602169,334177,911157,116164,030172,308206,194193,652192,731199,664187,842184,788220,112210,587219,865198,772152,510183,444223,000238,000248,000199,000
   > 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
98,337108,646125,992142,025152,120151,727159,223192,874183,073180,725185,349170,566165,980210,780200,602207,286173,291127,061160,464123,000130,000124,00074,000
       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
0000000000000000000153,000207,000156,000135,000
       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
54,55453,89649,18952,29089,44691,99193,177106,08098,227100,387111,80796,18987,632104,149104,185100,78775,93300153,000207,000156,000135,000
       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
38,02547,29272,22883,45754,35649,31354,93155,72872,94468,30862,47940,10471,25698,63088,41658,84475,3840065,0003,00052,00037,000
       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
05,38303,4485,39800000000000000022,00034,00022,000
   > 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
33,78332,42639,03830,2098807,9059,9089,8786,6698,36611,43915,54717,6588,6809,26911,99425,481000000
       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
032,42639,03830,2098807,9059,9089,8786,6698,36611,43915,54717,65809,26911,99425,48127,29725,3970000
> 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
127,216131,651137,801156,705161,791156,174161,970165,513178,710180,661182,481181,453192,519197,133202,699203,843211,190206,037202,5630000
   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
-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 00000000000000000000000
   Capital Surplus 00000000000000000000000
   Treasury Stock00000000000000000000000



Balance Sheet

Currency in MYR. All numbers in thousands.




Cash Flow

Currency in MYR. All numbers in thousands.




Income Statement

Currency in MYR. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue102,937
Cost of Revenue-96,198
Gross Profit6,7396,739
 
Operating Income (+$)
Gross Profit6,739
Operating Expense-108,875
Operating Income-5,938-102,136
 
Operating Expense (+$)
Research Development-
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense108,8750
 
Net Interest Income (+$)
Interest Income-
Interest Expense-5,573
Other Finance Cost-463
Net Interest Income-5,110
 
Pretax Income (+$)
Operating Income-5,938
Net Interest Income-5,110
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-35,901-5,938
EBIT - interestExpense = -5,573
-34,575
-29,002
Interest Expense5,573
Earnings Before Interest and Taxes (EBIT)--30,328
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-35,901
Tax Provision-186
Net Income From Continuing Ops-36,087-36,087
Net Income-34,575
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-5,110
 

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 BULLISH 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 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 (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 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: 0.145 < 0.145 < 0.17.

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

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Thriven Global 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 Thriven Global Bhd. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above 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 higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above 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 up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above 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 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 Thriven Global Bhd. The current macd is 0.0057815.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-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 above the zero line (centerline), it indicates a bullish signal for Thriven. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Thriven price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +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 42.49.

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.
  • 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 Thriven Global Bhd. The current sar is 0.167822.

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

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 Thriven Global Bhd. The current rsi is 53.44. The current phase is Continuation in bull market.

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

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
Thriven Global Bhd Daily Relative Strength Index (RSI) ChartThriven Global 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 Thriven Global Bhd. The current phase is Correction in bull market.

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

  • 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 Thriven price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +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, 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 1.25078174.

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 -0.83692559.

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

 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 Thriven Global Bhd. The current willr is -50.

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

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Thriven is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Thriven Global Bhd Daily Williams %R ChartThriven Global 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 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 0.00995336.

Thriven Global Bhd Daily Average True Range (ATR) ChartThriven Global 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 Thriven Global Bhd. The current obv is 33,437,700.

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 46.86.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Thriven Global Bhd Daily Money Flow Index (MFI) ChartThriven Global Bhd Daily Money Flow Index (MFI) Chart

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
2023-11-03STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-09WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-10DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-17BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-23STOCH 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).
2023-11-24CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-04STOCH 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).
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-12WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-20CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-29MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-10STOCH 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).
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-12CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-17CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-31DMI 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.
2024-02-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-07DMI 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.
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-27MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-08RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-03-12WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-18BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.

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 than5053.442
Ma 20Greater thanMa 500.119
Ma 50Greater thanMa 1000.105
Ma 100Greater thanMa 2000.106
OpenGreater thanClose0.120
Total2/5 (40.0%)
Penke

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