BNE.SI stock down 16.98% intraday to S$0.22 on SES: assess catalysts and outlook
BNE.SI stock plunged 16.98% intraday to S$0.22 on 16 Jan 2026 on the Singapore Exchange (SES), with 12,500 shares traded. Kencana Agri Limited (BNE.SI) closed well below its 50-day average of S$0.28 and near the session low. The drop follows thin volume, a steep one-day price swing and mixed fundamentals that leave short-term traders wary. Here we break down the price drivers, valuation, technicals and Meyka AI forecasts to help frame the BNE.SI stock outlook.
BNE.SI stock: Intraday price action and drivers
BNE.SI stock moved from a previous close of S$0.27 to an open and intraday level of S$0.22, a S$0.05 fall. The session volume of 12,500 is below the 50-day average volume of 57,432, suggesting limited liquidity amplified the move. One-day decline explains the top loser tag on SES today and reflects profit-taking after a one-year gain of 204.88%. Weak regional palm oil sentiment and lower trading interest in small-cap agricultural names are likely drivers.
BNE.SI stock: Fundamentals and valuation
Kencana Agri Limited (BNE.SI) reports trailing EPS of S$0.09 and a trailing PE of 2.78, with a price to book of 1.10. Market capitalisation is S$71,752,794.00 and shares outstanding are 287,011,177. Key profitability metrics show ROE 52.53% and net income per share S$0.10. Low debt to equity at 0.04 and free cash flow yield near 88.82% signal strong cash conversion versus market value, but the company has no dividend history.
BNE.SI stock: Technicals, liquidity and trading signals
Technical indicators are mixed: RSI 50.30 indicates neutral momentum and MACD sits slightly negative at -0.01. Price is below the 50-day average S$0.28 but near the 200-day average S$0.19, suggesting recent weakness but longer-term support. On-balance volume is 64,800.00 while relative volume is low at 0.00, underscoring thin trading. Traders should note Bollinger band middle at S$0.28 and ATR S$0.01 for expected short-term range.
BNE.SI stock: Meyka AI rates and model forecast
Meyka AI rates BNE.SI with a score of 70.09 out of 100 — Grade B+ (BUY). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a monthly price of S$0.27, and a 12-month projection of S$1.53. Compared with the current price S$0.22, the 12-month projection implies an upside of 597.13%. Forecasts are model-based projections and not guarantees.
BNE.SI stock: Sector context and comparables
BNE.SI sits in the Consumer Defensive sector under Agricultural Farm Products. The sector shows mixed performance; large peers like Wilmar (F34.SI) trade at higher liquidity and different scale. Sector average P/E is about 10.73, while BNE.SI’s PE is 2.78, highlighting a discount on earnings multiple. Sector pressures on palm oil prices and Indonesian operations exposure remain material to near-term revenue and margins.
BNE.SI stock: Risks, catalysts and trading considerations
Principal risks include palm oil price swings, weather and crop yields in Sumatra and Kalimantan, and low liquidity on SES. Catalysts that could reverse the decline include better-than-expected CPO pricing, volume pickup, and any operational updates from management. For traders, tight stop-losses and position sizing matter given inventory turnover of 3.17 and the narrow trading floats.
Final Thoughts
BNE.SI stock’s intraday fall to S$0.22 on 16 Jan 2026 highlights short-term liquidity stress rather than clear fundamental failure. The company posts strong cash metrics, low leverage and an attractive trailing PE of 2.78, yet thin volume and sector sensitivity to palm oil prices raise execution risk. Meyka AI’s forecast model projects S$1.53 in 12 months, an implied upside of 597.13% versus the current price; traders should treat that projection as a high-variance model outcome. Short term, watch support near the 200-day average S$0.19 and volume to confirm a base. Long-term investors should weigh the strong ROE 52.53%, low debt and low valuation against operational concentration in Indonesia and sector cycles. For quick reference, company filings and the corporate site give operational detail, while Meyka AI provides this AI-powered market analysis platform perspective to frame risk and opportunity.
FAQs
Why did BNE.SI stock drop 16.98% today?
BNE.SI stock fell due to thin intraday liquidity, profit-taking after large gains over 12 months and weaker trading in small-cap agricultural names. There was no single announced earnings shock; low volume amplified the move.
What are the key valuation metrics for BNE.SI stock?
Key metrics: price S$0.22, trailing PE 2.78, price to book 1.10, ROE 52.53%, and market cap S$71,752,794.00. These show low market valuation versus earnings.
What does Meyka AI forecast for BNE.SI stock?
Meyka AI’s forecast model projects a 12-month price of S$1.53, implying 597.13% upside from S$0.22. 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.
