40.37M volume in pre-market lifts LS9.SI to S$0.02 on 03 Jan 2026: Watch breakout levels
A pre-market volume surge of 40,373,900 shares pushed LS9.SI (Leader Environmental Technologies Limited) to S$0.02 on SES in Singapore on 03 Jan 2026, a move 38.26 times its average daily volume of 1,055,309. The jump came from an intraday range between S$0.02 and S$0.025 with a previous close of S$0.024. This volume spike signals elevated trader interest and requires watching S$0.02 support and the 50-day average at S$0.02258 for follow-through.
What happened in pre-market trading
Volume dominated the move: 40,373,900 shares traded before open versus an average of 1,055,309, giving a relative volume of 38.26. The price traded between S$0.02 and S$0.025 in the session and closed pre-market at S$0.02, down from the prior close of S$0.024. High volume with a lower price suggests distribution; traders should confirm with next-day on‑exchange volume and bid/ask spreads.
Company fundamentals and valuation
Leader Environmental Technologies Limited reported EPS of -0.01 and a reported PE of -2.00, reflecting negative earnings. Market cap stands at S$30,697,567.00 with shares outstanding of 1,534,878,360.00. Key ratios: current ratio 3.83 and price averages of S$0.02258 (50-day) and S$0.03106 (200-day). Price-to-sales and price-to-book metrics are elevated, indicating valuation stress relative to peers in Industrials.
Technical context and sector comparison
Technicals show RSI at 59.41 and ADX at 27.34 indicating a rising trend with moderate strength. The 50-day average sits at S$0.02258 and the 200-day at S$0.03106; price below the 200-day suggests longer-term weakness. Sector peers in Industrials have an average PE of 15.86 and stronger ROE, so LS9.SI’s negative earnings and thin price structure make it more speculative within the sector.
Volume-spike trading considerations
A 38.26x relative volume event often precedes short-term volatility; traders can use S$0.02 as intraday support and S$0.025 as initial resistance. Average daily volume was S$1,055,309.00 shares; such a large spike can be driven by block trades, news, or algorithmic flows. We recommend watching time-and-sales and level-2 liquidity before committing capital.
Meyka AI grade and model forecast
Meyka AI rates LS9.SI with a score out of 100: 54.97 | Grade: C+ | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects monthly S$0.02, quarterly S$0.01 and yearly S$0.01597 versus the current price of S$0.02, implying a 0.00% change on the one-month view and an implied -20.16% downside on a 12-month view. Forecasts are model-based projections and not guarantees.
Risks and catalysts to watch
Primary risks include continued negative EPS, thin liquidity outside the spike, and valuation pressure (price-to-sales TTM ~248.40). Catalysts would be confirmed contract wins in sludge or water treatment, improved cash flow, or investor presentation that clarifies AI water-management monetization. Monitor upcoming earnings announcement schedule (next listed: 11 Aug 2025) and surrounding market liquidity.
Final Thoughts
Key takeaways: LS9.SI (Leader Environmental Technologies Limited) recorded a large pre-market volume spike of 40,373,900 shares on 03 Jan 2026, trading at S$0.02 on SES, far above average liquidity. That spike demands caution: high volume with a lower price can indicate distribution rather than accumulation. Fundamental metrics show negative EPS (-0.01) and a weak PE structure (negative), while the current ratio of 3.83 provides short-term solvency comfort. Technically, RSI 59.41 and ADX 27.34 show momentum but the price sits below the 200-day average (S$0.03106), keeping longer-term outlook cautious. Meyka AI’s model projects a monthly target of S$0.02 and a 12-month projection of S$0.01597, implying about -20.16% from today’s S$0.02; forecasts are model-based and not guarantees. For traders focused on volume-spike setups we suggest watching immediate support at S$0.02 and resistance at S$0.025, using small position sizes and clear stop discipline given volatility and liquidity risk. A conservative price target for a confirmed recovery would be S$0.05 near the year high, while a downside scenario could test S$0.01 the year low; these are scenario-based, not guarantees. We use Meyka AI as an AI-powered market analysis platform to summarise data and signals for quick decision-making.
FAQs
The spike was volume-driven: 40,373,900 shares traded pre-market, 38.26x average volume. Large block trades or renewed retail interest can cause such moves; always check time-and-sales and company announcements for confirmation.
Near-term support is S$0.02 and resistance is S$0.025. Watch the 50-day average at S$0.02258 and the 200-day average at S$0.03106 for trend context and confirmation.
Meyka AI rates LS9.SI 54.97 out of 100 (Grade C+ | Suggestion: HOLD). The grade uses benchmark, sector, growth, metrics and consensus; it is informational and not investment advice.
Meyka AI’s forecast projects monthly S$0.02 and a 12-month S$0.01597, implying a flat one-month view and about -20.16% over 12 months versus S$0.02. Forecasts are model 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.
