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Malaysian Pacific Industries Berhad (MPI) is showing short-term recovery with rising price and volume, trading near its fair value at RM21.20. While its balance sheet is strong and recent earnings improved slightly, the long-term trend remains bearish. Analyst views are mixed, and the stock faces key resistance at RM21.70. Overall, short-term momentum is mildly positive, but caution is still advised.
Malaysian Pacific Industries Berhad (MPI) is currently trading sideways with a neutral to slightly bearish short-term outlook. It shows mild undervaluation and potential upside, supported by analyst targets. Key support is around MYR 17–18, with possible rebound targets at MYR 22–25.