42N.SI up 10% to S$0.044 on 22.28M volume: intraday momentum on SES 06 Jan 2026
IPS Securex Holdings Limited (42N.SI) jumped 10.00% intraday to S$0.044 on 06 Jan 2026 on volume of 22,276,800, making it one of the most active SES names today. The move pushed the share price toward the year high of S$0.047 and came with relative volume of 2.97 versus the 50-day average of S$0.0293, signalling stronger buyer interest. In this intraday most-active report we connect the price move to liquidity, valuation and technical indicators, and show how analysts and Meyka AI models view the near-term upside
Intraday price and volume
The main fact: 42N.SI traded between S$0.040 and S$0.047 today with the last print at S$0.044 on volume of 22,276,800, well above the average daily volume of 7,496,479. Heavy turnover lifted the stock 10.00% from the previous close of S$0.040, and the 50-day average price sits at S$0.0293 while the 200-day average is S$0.017115, underlining a strong short-term momentum push on SES in Singapore
Valuation and financial snapshot
IPS Securex (IPS Securex Holdings Limited) shows mixed fundamentals: market capitalisation is S$21,333,140 and price-to-sales is 1.93 while price-to-book is 3.93. Trailing metrics show priceEarningsRatioTTM around -14.48 reflecting recent net losses and revenuePerShareTTM of S$0.02324 versus netIncomePerShareTTM of -S$0.00304. Balance-sheet metrics include cashPerShareTTM of S$0.00446 and currentRatioTTM of 2.40, with debtToEquityTTM at 0.03 indicating low financial leverage
Technical indicators and trading signals
Technicals point to momentum: RSI at 62.60 and CCI at 180.60 show near-term strength and potential short-term overbought conditions, while on-balance volume (OBV) sits at 18,055,300 confirming accumulation during the move. Price closed above the 50-day average of S$0.0293 and the stock’s relative volume of 2.97 suggests institutional or retail flow concentration; traders should watch support near S$0.040 and resistance at the year high S$0.047
Meyka grade and forecast summary
Meyka AI rates 42N.SI with a score out of 100: Score 55.15 | 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 a 12‑month price of S$0.08264 versus the current price of S$0.044, implying an upside of 87.83%; forecasts are model-based projections and not guarantees
Risks, sector context and growth drivers
Primary risks include negative operating margins (operatingProfitMarginTTM -13.41%), extended receivable days (daysSalesOutstandingTTM 123.65) and limited free cash flow (freeCashFlowPerShareTTM -0.00105). The company operates in Industrials — Security & Protection Services — a segment showing recovery in Asia and infrastructure spending; IPS Securex’s product mix (checkpoint security, scanners, surveillance radar) provides addressable market opportunities, but execution and working capital efficiency must improve before a bullish re-rating
Trading note for most-active strategy
As a most-active intraday pick, 42N.SI suits short-term momentum traders who prioritise liquidity and tight stop management; the intraday range today shows clear support and resistance levels. Consider position sizing given small market cap (S$21.33m) and share float of 484,844,100; larger volume spikes can move the price rapidly. For longer-term investors, validate earnings progression and margin recovery before adding exposure
Final Thoughts
Key takeaways: IPS Securex (42N.SI) is one of SES’s most active intraday stocks on 06 Jan 2026 after a 10.00% jump to S$0.044 on 22,276,800 traded shares, driven by higher-than-normal liquidity and positive technical momentum. Valuation shows a P/S of 1.93 and a P/B of 3.93 while trailing earnings produce a negative PE around -14.48, signalling current losses and higher risk. Meyka AI’s forecast model projects a 12‑month target of S$0.08264, implying 87.83% upside from S$0.044, but this projection is model-based and not a guarantee. For intraday traders the setup is attractive because of volume and momentum, while longer-term investors should seek consistent margin improvements, shorter receivable days and positive free cash flow before moving to BUY. For real-time quotes and background reading see Yahoo Finance — 42N.SI and regional coverage at Yahoo Singapore Finance. Meyka AI, an AI-powered market analysis platform, provides this data-driven snapshot but this is informational and not financial advice
FAQs
Intraday volume surged to 22,276,800 and the stock traded to S$0.044, pushing a 10.00% gain. Higher relative volume (2.97) and technical buying around S$0.0293 (50-day average) appear to have triggered the move
Key metrics: market cap S$21,333,140, price-to-sales 1.93, price-to-book 3.93, and a negative trailing PE near -14.48, which reflects recent net losses
Meyka AI’s forecast model projects a 12‑month price of S$0.08264 versus the current S$0.044, implying an 87.83% upside; forecasts are model-based projections and not guarantees
Given negative margins and small market cap, 42N.SI is higher risk for long-term portfolios. Consider HOLD until earnings and cash flow improve, and monitor receivables and free cash flow trends
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.
