Volume spike lifts BKX.SI to S$0.745 on SES: Target S$1.16, 55.70% upside
A sharp intraday volume surge pushed Yongmao Holdings Limited (BKX.SI stock) to S$0.745 on the Singapore Exchange (SES) on 30 Jan 2026. We see a clear volume signal: 2,400.00 shares traded versus an average 166.00, a relative volume of 14.46x. That spike coincides with overbought technicals and contrasts weak cash flow metrics, creating a short-term trading setup and a longer-term valuation question for investors.
Intraday volume spike driving BKX.SI stock move
The defining fact today is the volume spike: 2,400.00 shares traded compared with an average 166.00, driving relVolume to 14.46. This intraday volume spike suggests unusual attention in BKX.SI stock on SES and warrants short-term monitoring for follow-through or exhaustion.
Price action, technicals and volume on BKX.SI stock
BKX.SI stock opened at S$0.460 and hit a day high of S$0.75 before settling at S$0.745, near its 52-week high S$0.765. Momentum indicators are extreme — RSI shows 100.00 and MFI 84.45, indicating overbought conditions while ADX at 78.02 signals a strong trend. Traders should watch volume confirmation and short-term pullback levels: support at S$0.46 and resistance near S$0.765.
Fundamentals and valuation for BKX.SI stock
Yongmao Holdings reports EPS of S$0.04 and a trailing PE of 18.63, with book value per share near S$11.49 and PB ratio about 0.38. The company shows strong tangible assets but weak operating cash flow per share at -0.08 and free cash flow per share at -0.12, which pressures near-term liquidity despite cash per share of 2.32. These metrics make BKX.SI stock cheap on book value but spotlight operational conversion issues.
Meyka AI rates BKX.SI with a score and provides a BKX.SI stock forecast
Meyka AI rates BKX.SI with a score of 59.89 out of 100 (Grade C+, Suggestion: HOLD). This grade factors S&P 500 and sector comparison, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects monthly S$0.76 and quarterly S$1.16, which implies 2.01% and 55.70% upside from the current S$0.745, respectively. Forecasts are model-based projections and not guarantees.
Risks and opportunities for BKX.SI stock
Opportunity: low PB ratio (0.38) and tangible asset backing could attract value buyers if operational cash flow improves. Risk: prolonged negative operating cash flow, long receivable cycles (high DSO), and elevated interest coverage around 1.99 increase financial strain. The company operates in Industrials (Agricultural – Machinery), so sector cyclicality and construction demand weigh on outlook.
Trading strategy and outlook for BKX.SI stock
For intraday traders, the volume spike creates short-term setups: a break above S$0.765 with follow-through volume could target the Meyka quarterly forecast S$1.16. For swing investors, weigh book value strength against weak cash flow and an analyst company rating of C+ dated 2026-01-20 recommending Sell. Keep stops below recent support and size positions given low liquidity on SES.
Final Thoughts
Today’s intraday volume spike in BKX.SI stock to S$0.745 presents a clear short-term trading signal but mixed fundamentals for longer holds. Meyka AI’s model projects S$0.76 in the next month and S$1.16 by the quarter, implying 2.01% and 55.70% upside versus the current S$0.745. Our view: short-term momentum is strong, but operational cash flow and receivables metrics increase medium-term risk. Use tight position sizing and confirm moves with volume before adding exposure. For further data and intraday alerts see our BKX.SI page on Meyka: BKX.SI on Meyka. This analysis uses live indicators and model outputs; forecasts are not guarantees and you should conduct independent research before acting.
FAQs
Why did BKX.SI stock spike in volume today?
BKX.SI stock saw a surge because intraday trades hit 2,400.00 vs average 166.00, a relVolume of 14.46x. High relative volume often reflects new orders or positioning by traders, producing sharp price moves on SES during the session.
What is Meyka AI’s short-term forecast for BKX.SI stock?
Meyka AI’s forecast model projects S$0.76 over the next month and S$1.16 by the quarter, implying 2.01% and 55.70% upside from S$0.745. These are model-based projections and not guarantees.
What key risks should investors watch with BKX.SI stock?
Primary risks include weak operating cash flow per share (-0.08), long receivables and inventory cycles, interest coverage near 1.99, and low liquidity on SES. These can amplify downside if construction demand softens.
How does valuation look for BKX.SI stock?
Valuation is mixed: trailing PE 18.63 and PB around 0.38 suggest cheapness versus book value, but negative free cash flow per share (-0.12) and high enterprise metrics weigh on fair-value assessments.
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.
