Nam Cheong (1MZ.SI) +7.52% to S$1.43 pre-market 25 Feb 2026: heavy volume ahead
Nam Cheong Limited (1MZ.SI stock) is trading sharply higher in the Singapore SES pre-market session after a heavy volume burst. The share price jumped 7.52% to S$1.43 on 12,228,900 shares, well above its 50-day average of S$1.08. That volume spike — a relative volume of 3.33 — is the key reason traders are watching for follow-through into the Singapore market open on 25 Feb 2026.
Pre-market price and volume action for 1MZ.SI stock
Nam Cheong (1MZ.SI stock) opened pre-market at S$1.37 and is trading at S$1.43, up S$0.10 or 7.52% from the prior close of S$1.33. The intraday range is S$1.34–S$1.45, matching the year high of S$1.45. Volume is 12,228,900 versus an average of 3,677,073, a clear high-volume mover signal ahead of the SES open. High volume with a price move to the year high often indicates buyers are committing to the breakout.
Why volume surged and sector context for 1MZ.SI stock
The surge in trades for 1MZ.SI stock likely reflects stronger offshore vessel demand and sector rotation into industrials. Industrials sector performance shows a 1Y gain of 43.91% and YTD 8.39%, supporting interest in shipbuilders. Nam Cheong serves oil majors and marine operators across Asia and West Africa. A heavy trade day versus the stock’s average volume suggests institutional-sized orders or news-driven positioning source.
Fundamentals and valuation snapshot for 1MZ.SI stock
Nam Cheong’s trailing EPS is S$0.31 with a market PE shown at 4.61, signalling low valuation relative to earnings. Book value per share is S$1.79 and price-to-book is 2.54. Market cap on SES is about S$569.34M. The company shows strong margins with net margin 38.64% and return on equity 39.11%. These fundamentals support why value-focused traders are active on 1MZ.SI stock today.
Meyka AI rates and technical read for 1MZ.SI stock
Meyka AI rates 1MZ.SI with a score out of 100: 69.36 (Grade B) — HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Technically, RSI is 74.39 (overbought) and ADX is 61.86 (strong trend). Bollinger upper band sits at S$1.42 with the stock testing S$1.45 resistance. Momentum measures and on-balance volume confirm buyer control, but traders should note short-term overbought signals on the SES order book.
Price targets, Meyka AI forecast and trading plan for 1MZ.SI stock
Meyka AI’s forecast model projects a near-term monthly price of S$1.42 and a quarterly figure of S$1.04. Given the current price of S$1.43, the model implies a near-term change of -0.70% to the monthly forecast and larger variance to longer-term forecasts. For traders, a near-term upside target sits at S$1.60 (first resistance) and a cautious 12-month target of S$1.80 based on earnings and book-value growth. Stop-loss placement near S$1.25 protects against a failed breakout.
Risks, catalysts and sector outlook for 1MZ.SI stock
Key risks for 1MZ.SI stock include order delays, commodity-cycle swings in offshore oil and gas, and debt coverage pressure; debt-to-equity is 0.64 and interest coverage is 15.11, which is healthy but monitor changes. Catalysts include new vessel orders and charter rate improvements. Industrials sector momentum remains positive (3M 15.24%, 6M 25.01%), which helps the outlook for shipbuilders on SES.
Final Thoughts
Nam Cheong Limited (1MZ.SI stock) is a clear pre-market high-volume mover on 25 Feb 2026, trading at S$1.43 after a 7.52% rise and 12.23M shares traded. The move is backed by value-friendly fundamentals — EPS S$0.31, PE 4.61, and book value S$1.79 — and strong sector momentum in Singapore industrials. Technically the stock is overbought short term (RSI 74.39) but the high relative volume (3.33) supports a possible continuation if the SES session confirms buyers. Meyka AI’s forecast model projects S$1.42 monthly and flags wider variance on longer horizons; the model-based near-term implied change versus the current price is -0.70%. Traders should weigh upside targets at S$1.60 and S$1.80 against a protective stop near S$1.25. These figures are model-driven and not guarantees. For real-time order flow and deeper metrics, see Nam Cheong on Meyka and institutional sources source. Meyka AI provides this AI-powered market analysis to help frame risk-managed decisions.
FAQs
Why did 1MZ.SI stock jump pre-market today?
1MZ.SI stock rose pre-market due to a heavy trade day: 12,228,900 shares traded and relative volume 3.33, pushing the price to S$1.43. High volume suggests institutional participation or news-driven positioning ahead of SES open.
What valuation metrics matter for 1MZ.SI stock?
Key metrics: EPS S$0.31, PE 4.61, book value S$1.79, PB 2.54 and net margin 38.64%. These show earnings strength and a low PE, useful for value and fundamental investors evaluating 1MZ.SI stock.
What are reasonable price targets for 1MZ.SI stock?
Near-term target is S$1.60 and a 12-month target S$1.80 based on earnings and book-value progression. Use a stop near S$1.25 for risk management. Targets reflect analyst consensus and Meyka model outputs.
How does Meyka AI view 1MZ.SI stock?
Meyka AI rates 1MZ.SI with a score out of 100: 69.36 (Grade B) — HOLD. This factors sector, growth, key metrics and analyst consensus. Forecasts are model-based projections and not guarantees.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.