ZXY.SI Alpina Holdings (SES) at S$0.37 on 23 Feb 2026: Oversold bounce opportunity
Alpina Holdings Limited (ZXY.SI) trades at S$0.37 on the SES intraday session on 23 Feb 2026, presenting an oversold bounce opportunity for short-term traders. The stock shows volume of 179,700 against a 50-day average of 110,245 (relVolume 1.63), which suggests active interest at current levels. Key fundamentals include EPS S$0.02 and a reported PE of 18.50, while 50-day and 200-day averages sit at S$0.37 and S$0.29 respectively. In this intraday note we break down technical triggers, valuation metrics, and a clear trade plan for the ZXY.SI stock setup
Intraday price action for ZXY.SI stock
Alpina Holdings (ZXY.SI) opened at S$0.37 and is trading between the day low S$0.37 and day high S$0.37 on SES. Volume is 179,700 versus an average of 110,245, indicating 1.63x normal flow and higher liquidity for a small-cap name. Market capitalization stands at S$68,205,800.00 with 184,340,000 shares outstanding, so intraday moves can be meaningful for short-term traders.
Technical setup and oversold bounce signals
Price sits near the 50-day average (S$0.37) while the 200-day average is S$0.29, giving a favourable risk-reward for a bounce trade. On intraday timeframes, higher-than-average volume and a recent run-up (YTD change 96.81%) increase the chance of sharp mean-reversions. Note that standard momentum indicators are limited in available feeds, so trade decisions should rely on price action, volume, and tight stops.
Fundamentals, valuation and cash flow
Alpina’s trailing metrics show PE 18.50, EPS S$0.02, price-to-sales 0.74, and price-to-book 2.11, signalling modest valuation for an industrials contractor. Free cash flow yield is attractive at 16.07% and operating cash flow per share is S$0.06, which supports short-term payouts. Balance sheet metrics include debt-to-equity 0.93 and current ratio 1.55, while dividend per share is S$0.07 implying a headline dividend yield of 19.43%, a number that traders should treat cautiously given company size and working capital cycles.
Catalysts, sector context and key risks
ZXY.SI sits in the Industrials sector (Engineering & Construction) where 3-month sector performance is 9.66%, helping demand for M&E services. Catalysts include contract wins, maintenance seasonality and solar installation demand. Risks: days sales outstanding are extended at 143.03 days, increasing receivables pressure, and total debt-to-capitalization sits at 0.48, which raises sensitivity to project delays.
Meyka AI stock grade and analyst view
Meyka AI rates ZXY.SI with a score out of 100: 68.05 | Grade B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The grade shows the company has solid cash conversion and attractive free cash flow, but working capital and size limit an outright BUY recommendation.
Trading plan for an oversold bounce on ZXY.SI
For intraday traders we map a clear plan: consider entries between S$0.36–S$0.38 with a stop-loss at S$0.34 to limit downside. Set an initial target at S$0.45 and a secondary target at S$0.55, which aligns with a short-term reversion to local resistance. Use tight position sizing and monitor volume and news; avoid buying into material negative announcements or widening bid-ask spreads.
Final Thoughts
Key takeaway: ZXY.SI stock trades at S$0.37 on SES on 23 Feb 2026 with elevated intraday volume and a compact risk band that suits an oversold bounce strategy. Fundamentals are mixed: attractive free cash flow yield (16.07%) and a low payout ratio (8.16%) contrast with stretched receivables (143.03 days) and modest leverage (debt-to-equity 0.93). Meyka AI’s forecast model projects S$0.69 as a near-term scenario, implying an upside of 86.49% versus the current price; forecasts are model-based projections and not guarantees. Conservative and bullish price targets for planning: S$0.50 (implied upside 35.14%) and S$0.80 (implied upside 116.22%). Intraday traders should pair the technical entry and stop plan above with active monitoring of volume and company updates. Meyka AI provides this analysis as an AI-powered market analysis platform for clarity, not personalised advice
FAQs
Is ZXY.SI stock a buy for intraday oversold bounces?
ZXY.SI stock can fit an intraday oversold bounce plan due to high relative volume and tight price action at S$0.37. Use strict stops (example S$0.34) and targets (S$0.45–S$0.55). This is a short-term trade idea, not a long-term recommendation.
What are the main fundamental strengths and risks for ZXY.SI?
Strengths include positive free cash flow yield (16.07%), operating cash flow per share (S$0.06) and interest coverage (9.96). Risks are long receivables (143.03 days), modest scale, and project execution sensitivity in the Engineering & Construction sector.
What price targets and forecast exist for ZXY.SI?
Meyka AI’s forecast model projects S$0.69 near term, implying 86.49% upside from S$0.37. Practical targets for traders are S$0.50 (conservative) and S$0.80 (bullish). 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.