Reported Earnings • May 30
First quarter 2026 earnings released: RM0.002 loss per share (vs RM0.001 loss in 1Q 2025) First quarter 2026 results: RM0.002 loss per share (further deteriorated from RM0.001 loss in 1Q 2025). Revenue: RM15.3m (down 14% from 1Q 2025). Net loss: RM609.0k (loss widened 114% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. Announcement • Apr 29
Oceancash Pacific Berhad, Annual General Meeting, May 28, 2026 Oceancash Pacific Berhad, Annual General Meeting, May 28, 2026, at 12:00 Singapore Standard Time. Location: raya room, level 2, bangi resort hotel, off persiaran bandar, 43650, bandar baru bangi, selangor darul ehsan, Malaysia New Risk • Apr 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Cash payout ratio: 330% Earnings have declined by 43% per year over the past 5 years. Market cap is less than US$10m (RM33.9m market cap, or US$8.58m). Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change). New Risk • Mar 09
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM37.8m (US$9.52m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Cash payout ratio: 330% Earnings have declined by 43% per year over the past 5 years. Market cap is less than US$10m (RM37.8m market cap, or US$9.52m). Minor Risk Share price has been volatile over the past 3 months (9.6% average weekly change). New Risk • Mar 02
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 0% Cash payout ratio: 330% Dividend yield: 2.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Cash payout ratio: 330% Earnings have declined by 43% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.2% average weekly change). Market cap is less than US$100m (RM44.3m market cap, or US$11.3m). Reported Earnings • Nov 28
Third quarter 2025 earnings released: RM0.002 loss per share (vs RM0.006 profit in 3Q 2024) Third quarter 2025 results: RM0.002 loss per share (down from RM0.006 profit in 3Q 2024). Revenue: RM15.7m (down 18% from 3Q 2024). Net loss: RM457.0k (down 128% from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Announcement • Sep 12
Oceancash Pacific Berhad (KLSE:OCNCASH) entered into a conditional share sale agreement to acquire Paragon Car Carpets & Components Sdn Bhd from Paragon Union Berhad (KLSE:PARAGON) for MYR 13.4 million. Oceancash Pacific Berhad (KLSE:OCNCASH) entered into a conditional share sale agreement to acquire Paragon Car Carpets & Components Sdn Bhd from Paragon Union Berhad (KLSE:PARAGON) for MYR 13.4 million on September 10, 2025. A cash consideration valued at MYR 13.42 per share will be paid by Oceancash Pacific, which is subject to adjustments. A deposit of MYR 500,000 paid prior to signing of the SSA and MYR 1.5 million paid upon signing of the SSA, which is 11.18%, a MYR 8 million (59.61%) will be payable within 5 market days upon PUB and OPB obtaining their respective shareholders' approval for the Proposed Disposal, whichever is later, a MYR 1.236 million (9.21%) will be payable within 5 market days from receipt of the Proforma Closing Accounts and the remaining MYR 2.684 million (20%) will be payable within 5 market days from completion of the Independent Valuation and mutual agreement of the Final NTA between the Parties. Oceancash utilized its internally-generated funds to fund the consideration. Upon the completion of the Proposed Acquisition, PCCCSB shall become a wholly-owned subsidiary of Oceancash.
As of June 30, 2025, Paragon Car Carpets & Components Sdn Bhd reported total assets of MYR 66.09 million and total common equity of MYR 41.24 million.
The transaction is subject to approval by regulatory board / committee, approval of offer by acquirer shareholders and approval of offer by target shareholders. The disposal is expected to be completed by the first half of 2026.
UOB Kay Hian (M) Sdn. Bhd. acted as financial advisor to Paragon Union and TA Securities Holdings Berhad acted as financial advisor to Oceancash Pacific. Reported Earnings • Aug 28
Second quarter 2025 earnings released: RM0.004 loss per share (vs RM0.003 loss in 2Q 2024) Second quarter 2025 results: RM0.004 loss per share (further deteriorated from RM0.003 loss in 2Q 2024). Revenue: RM17.1m (down 8.6% from 2Q 2024). Net loss: RM972.0k (loss widened 48% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. New Risk • Jul 30
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. Cash payout ratio: 116% Dividend yield: 2.2% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 116% Earnings have declined by 22% per year over the past 5 years. Minor Risk Market cap is less than US$100m (RM61.3m market cap, or US$14.5m). New Risk • Jul 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 22% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (RM62.6m market cap, or US$14.9m). Reported Earnings • May 31
First quarter 2025 earnings released: RM0.001 loss per share (vs RM0.003 profit in 1Q 2024) First quarter 2025 results: RM0.001 loss per share (down from RM0.003 profit in 1Q 2024). Revenue: RM17.9m (down 10.0% from 1Q 2024). Net loss: RM284.0k (down 136% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Apr 29
Oceancash Pacific Berhad, Annual General Meeting, May 29, 2025 Oceancash Pacific Berhad, Annual General Meeting, May 29, 2025, at 12:00 Singapore Standard Time. Location: raya room, level 2, bangi resort hotel, off persiaran bandar, 43650 bandar baru bangi, selangor darul ehsan, Malaysia Reported Earnings • Mar 02
Full year 2024 earnings released: RM0.001 loss per share (vs RM0.012 profit in FY 2023) Full year 2024 results: RM0.001 loss per share (down from RM0.012 profit in FY 2023). Revenue: RM76.1m (down 2.2% from FY 2023). Net loss: RM239.0k (down 108% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Declared Dividend • Nov 30
Dividend of RM0.005 announced Shareholders will receive a dividend of RM0.005. Ex-date: 13th December 2024 Payment date: 30th December 2024 Dividend yield will be 1.2%, which is lower than the industry average of 5.2%. Sustainability & Growth Dividend is covered by earnings (48% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.3% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 47% to shift the payout ratio to a potentially unsustainable range, which is more than the 15% EPS decline seen over the last 5 years. Reported Earnings • Nov 29
Third quarter 2024 earnings released: EPS: RM0.006 (vs RM0.003 in 3Q 2023) Third quarter 2024 results: EPS: RM0.006 (up from RM0.003 in 3Q 2023). Revenue: RM19.0m (down 3.6% from 3Q 2023). Net income: RM1.64m (up 107% from 3Q 2023). Profit margin: 8.6% (up from 4.0% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Nov 28
Oceancash Pacific Berhad Declares First Single Tier Interim Dividend in Respect of the Financial Year Ending 31 December 2024 The Board of Directors of Oceancash Pacific Berhad announced the declaration of a first single tier interim dividend of MYR 0.005 per ordinary share in respect of the financial year ending 31 December 2024. Reported Earnings • Aug 30
Second quarter 2024 earnings released: RM0.003 loss per share (vs RM0.001 profit in 2Q 2023) Second quarter 2024 results: RM0.003 loss per share (down from RM0.001 profit in 2Q 2023). Revenue: RM18.8m (up 3.1% from 2Q 2023). Net loss: RM658.0k (down 450% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Announcement • Jun 28
Oceancash Pacific Berhad Announces Resignation of Crystal Yong Mei Yee as Independent and Non Executive Member of Nomination Committee Oceancash Pacific Berhad announced resignation of Miss Crystal Yong Mei Yee as Independent and Non Executive Member of Nomination Committee. Date of change: June 28, 2024. Age: 37. The Composition of Nomination Committee after change: Mr. Ngiam Kee Tong (chairman /Senior Independent Non- Executive director); Mr. Fong Wai Leong (Member /Independent Non-Executive Director); Ms Tan Pey Jean (Member /Non-Independent Non-Executive Director). Reported Earnings • Jun 04
First quarter 2024 earnings released: EPS: RM0.003 (vs RM0.004 in 1Q 2023) First quarter 2024 results: EPS: RM0.003 (down from RM0.004 in 1Q 2023). Revenue: RM19.9m (down 2.0% from 1Q 2023). Net income: RM787.0k (down 32% from 1Q 2023). Profit margin: 4.0% (down from 5.7% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 9% per year. Announcement • May 01
Oceancash Pacific Berhad, Annual General Meeting, May 29, 2024 Oceancash Pacific Berhad, Annual General Meeting, May 29, 2024, at 12:00 Singapore Standard Time. Location: Matahari 2, Level 3, Bangi Resort Hotel, Off Persiaran Bandar, 43650 Bandar Baru Bangi, Selangor Darul Ehsan Malaysia Agenda: To discuss the Audited Financial Statements for the financial year ended 31 December 2023 together with the Directors' Report and Auditors' Report; to discuss approve the payment of Directors' fees; to approve the payment of meeting allowances to be paid to Directors; to re-elect Ms. Crystal Yong Mei Yee who retires by rotation; to re-elect Mr Fong Wai Leong who retires by rotation; to re-appoint Messrs HLB Ler Lum Chew PLT as Auditors of the Company for the ensuing year and to authorize the Directors to fix their remuneration; and to discuss other matters. Reported Earnings • Mar 01
Full year 2023 earnings released: EPS: RM0.012 (vs RM0.025 in FY 2022) Full year 2023 results: EPS: RM0.012 (down from RM0.025 in FY 2022). Revenue: RM78.2m (down 10% from FY 2022). Net income: RM3.03m (down 54% from FY 2022). Profit margin: 3.9% (down from 7.5% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 29
Third quarter 2023 earnings released: EPS: RM0.003 (vs RM0.009 in 3Q 2022) Third quarter 2023 results: EPS: RM0.003 (down from RM0.009 in 3Q 2022). Revenue: RM19.8m (down 21% from 3Q 2022). Net income: RM794.0k (down 68% from 3Q 2022). Profit margin: 4.0% (down from 9.8% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Announcement • Nov 29
Oceancash Pacific Berhad Declares First Single Tier Interim Dividend in Respect of the Financial Year Ending 31 December 2023, Payable on December 29, 2023 Oceancash Pacific Berhad announced the declaration of a first single tier interim dividend of MYR 0.005 per ordinary share in respect of the financial year ending 31 December 2023. Ex-Date is December 12, 2023, Entitlement date is December 13, 2023 and Payment Date is December 29, 2023. Board Change • Oct 25
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Wai Fong was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Sep 21
Oceancash Pacific Berhad Appoints Lim Li Heong as Company Secretary Oceancash Pacific Berhad announced the appointment of Lim Li Heong as Company Secretary. Date of change is September 20, 2023. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: RM0.001 (vs RM0.002 in 2Q 2022) Second quarter 2023 results: EPS: RM0.001 (down from RM0.002 in 2Q 2022). Revenue: RM18.2m (down 7.7% from 2Q 2022). Net income: RM188.0k (down 62% from 2Q 2022). Profit margin: 1.0% (down from 2.5% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 03
First quarter 2023 earnings released: EPS: RM0.004 (vs RM0.006 in 1Q 2022) First quarter 2023 results: EPS: RM0.004 (down from RM0.006 in 1Q 2022). Revenue: RM20.3m (down 3.1% from 1Q 2022). Net income: RM1.15m (down 31% from 1Q 2022). Profit margin: 5.7% (down from 8.0% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 25
Full year 2022 earnings released: EPS: RM0.024 (vs RM0.02 in FY 2021) Full year 2022 results: EPS: RM0.024 (up from RM0.02 in FY 2021). Revenue: RM87.2m (up 17% from FY 2021). Net income: RM6.27m (up 20% from FY 2021). Profit margin: 7.2% (up from 7.0% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 6% per year. Upcoming Dividend • Dec 06
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 13 December 2022. Payment date: 30 December 2022. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Malaysian dividend payers (5.0%). Lower than average of industry peers (6.2%). Reported Earnings • Dec 04
Third quarter 2022 earnings released: EPS: RM0.009 (vs RM0.005 in 3Q 2021) Third quarter 2022 results: EPS: RM0.009 (up from RM0.005 in 3Q 2021). Net income: RM2.46m (up 97% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 8% per year and the company’s share price has also fallen by 8% per year. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: RM0.002 (vs RM0.004 in 2Q 2021) Second quarter 2022 results: EPS: RM0.002 (down from RM0.004 in 2Q 2021). Revenue: RM19.7m (up 3.8% from 2Q 2021). Net income: RM493.0k (down 55% from 2Q 2021). Profit margin: 2.5% (down from 5.7% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 15%, compared to a 16% growth forecast for the Luxury industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 11% per year and the company’s share price has also fallen by 11% per year. Major Estimate Revision • Jun 03
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from RM0.02 to RM0.02. Revenue forecast unchanged from RM83.5m at last update. Net income forecast to grow 0.2% next year vs 24% growth forecast for Luxury industry in Malaysia. Consensus price target down from RM0.46 to RM0.42. Share price was steady at RM0.34 over the past week. Price Target Changed • May 31
Price target decreased to RM0.42 Down from RM0.46, the current price target is provided by 1 analyst. New target price is 27% above last closing price of RM0.33. Stock is down 34% over the past year. The company is forecast to post earnings per share of RM0.02 for next year compared to RM0.02 last year. Reported Earnings • May 30
First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2022 results: EPS: RM0.006 (up from RM0.005 in 1Q 2021). Revenue: RM21.0m (up 10% from 1Q 2021). Net income: RM1.68m (up 28% from 1Q 2021). Profit margin: 8.0% (up from 6.9% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) exceeded analyst estimates by 12%. Over the next year, revenue is forecast to grow 12%, compared to a 19% growth forecast for the industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 8% per year. Reported Earnings • Feb 25
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: RM0.02 (up from RM0.017 in FY 2020). Revenue: RM74.5m (down 7.1% from FY 2020). Net income: RM5.25m (up 22% from FY 2020). Profit margin: 7.0% (up from 5.4% in FY 2020). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 12%, compared to a 36% growth forecast for the industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Major Estimate Revision • Nov 30
Consensus EPS estimates fall to RM0.019 The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from RM80.3m to RM77.4m. EPS estimate also fell from RM0.022 to RM0.019. Net income forecast to grow 26% next year vs 28% growth forecast for Luxury industry in Malaysia. Consensus price target up from RM0.55 to RM0.60. Share price rose 9.8% to RM0.45 over the past week. Reported Earnings • Nov 24
Third quarter 2021 earnings: EPS and revenues exceed analyst expectations Third quarter 2021 results: EPS: RM0.005 (up from RM0.004 in 3Q 2020). Revenue: RM17.3m (down 18% from 3Q 2020). Net income: RM1.25m (up 37% from 3Q 2020). Profit margin: 7.2% (up from 4.3% in 3Q 2020). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) also surpassed analyst estimates by 8.1%. Earnings per share (EPS) surpassed analyst estimates by 8.1%. Over the next year, revenue is forecast to grow 23%, compared to a 33% growth forecast for the industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Price Target Changed • Nov 20
Price target decreased to RM0.50 Down from RM0.56, the current price target is provided by 1 analyst. New target price is 18% above last closing price of RM0.42. Stock is down 37% over the past year. The company is forecast to post earnings per share of RM0.022 for next year compared to RM0.017 last year. Reported Earnings • Sep 01
Second quarter 2021 earnings released: EPS RM0.004 (vs RM0.001 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: RM19.0m (up 11% from 2Q 2020). Net income: RM1.09m (up 320% from 2Q 2020). Profit margin: 5.7% (up from 1.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Major Estimate Revision • Jul 05
Consensus EPS estimates fall to RM0.025 The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from RM84.9m to RM82.6m. EPS estimate also fell from RM0.028 to RM0.025. Net income forecast to grow 89% next year vs 29% growth forecast for Luxury industry in Malaysia. Consensus price target down from RM0.61 to RM0.56. Share price was steady at RM0.47 over the past week. Reported Earnings • Jun 30
First quarter 2021 earnings released: EPS RM0.005 (vs RM0.007 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: RM19.0m (down 8.1% from 1Q 2020). Net income: RM1.32m (down 20% from 1Q 2020). Profit margin: 6.9% (down from 8.0% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 28
Full year 2020 earnings released: EPS RM0.017 (vs RM0.029 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: RM80.2m (down 10% from FY 2019). Net income: RM4.31m (down 39% from FY 2019). Profit margin: 5.4% (down from 8.0% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 28
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) also surpassed analyst estimates by 8.1%. Over the next year, revenue is forecast to grow 5.9%, compared to a 18% growth forecast for the Luxury industry in Malaysia. Is New 90 Day High Low • Feb 24
New 90-day low: RM0.50 The company is down 22% from its price of RM0.65 on 26 November 2020. The Malaysian market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is RM0.38 per share. Is New 90 Day High Low • Feb 08
New 90-day low: RM0.53 The company is down 21% from its price of RM0.67 on 10 November 2020. The Malaysian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is RM0.38 per share. Is New 90 Day High Low • Dec 28
New 90-day low: RM0.55 The company is down 21% from its price of RM0.70 on 29 September 2020. The Malaysian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is RM0.40 per share. Is New 90 Day High Low • Dec 07
New 90-day low: RM0.60 The company is down 19% from its price of RM0.75 on 08 September 2020. The Malaysian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is RM0.34 per share. Major Estimate Revision • Dec 01
Analysts update estimates The 2020 consensus revenue estimate increased from RM68.4m to RM77.7m. Earnings per share estimate was lowered from RM0.023 to RM0.016 for the same period. Net income is expected to grow by 86% next year compared to 19% growth forecast for the Luxury industry in Malaysia. The consensus price target was lowered from RM0.78 to RM0.70. Share price is down by 2.3% to RM0.63 over the past week. Reported Earnings • Nov 25
Third quarter 2020 earnings released: EPS RM0.004 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: RM21.1m (down 7.6% from 3Q 2019). Net income: RM912.0k (down 58% from 3Q 2019). Profit margin: 4.3% (down from 9.4% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Is New 90 Day High Low • Nov 19
New 90-day low: RM0.64 The company is down 34% from its price of RM0.96 on 21 August 2020. The Malaysian market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is RM0.48 per share. Is New 90 Day High Low • Oct 30
New 90-day low: RM0.67 The company is down 24% from its price of RM0.89 on 30 July 2020. The Malaysian market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is RM0.46 per share.