GOLDSTREAM INV

Goldstream Investment experienced a notable intraday reversal, opening at HKD 4.00 in the morning session before sliding to a low of HKD 3.74 in the afternoon, eventually closing at HKD 3.80, down 5.0% from the previous close of HKD 4.00, with thin turnover of HKD 541,690 and a turnover rate of only 0.06%. Despite a flurry of corporate actions, including a USD 6.5 million stake in Grace Investment Machine for a 5.19% share, a cornerstone investor commitment of up to USD 8 million in Manycore's IPO, and multiple share buybacks, the stock failed to gain traction, overshadowed by deteriorating fundamentals: Q4 2025 revenue rose 22.3% YoY to HKD 44.552 million, but net loss widened to HKD 19.062 million (vs. profit a year earlier), with EPS of -HKD 0.0744, pushing the stock below both its 20-day (HKD 4.199) and 60-day (HKD 4.631) moving averages and 68.33% off its 52-week high of HKD 12, though it still holds a YTD gain of 24.59%.

Goldstream Investment opened lower and continued to decline in the morning session, reaching HKD 4.07 as of 10:03 BJ, down 5.57% from the previous close of HKD 4.31. The stock formed a single-day downward trend, sliding from HKD 4.32 to HKD 4.07. Despite recent share buybacks, the latest Q4 financials showed a net loss of HKD 19.06 million, widening 293.8% YoY, with a loss per share of HKD 0.0744, significantly outpacing the 22.3% revenue growth. The stock is now 69.4% below its 52-week high of HKD 13.30, yet has gained 33.44% YTD, and has fallen below both its MA20 (HKD 4.219) and MA60 (HKD 4.661), breaching short-term moving average support. However, the PB ratio stands at around 1x, and ongoing buyback disclosures suggest management may see value at current levels.

Goldstream Investment surged in the afternoon session, closing at HKD 4.43, up 7.0% from the previous close of HKD 4.14, hitting an intraday high, with a low-to-high rally and a 4.7% range. The rally was fueled by recent share buybacks at average prices of HKD 4.36 and HKD 4.08, and a USD 6.5 million investment in Grace Investment Machine for a 5.19% stake. Although Q4 2025 revenue grew 22.3% YoY to HKD 44.55 million, net loss widened 293.8% YoY to HKD 19.06 million, with EPS of -HKD 0.0744 and a PE of -129, indicating persistent fundamental weakness. The stock remains 69.45% below its 52-week high of HKD 14.5, yet has gained 45.25% YTD and sits above the MA20 (HKD 4.215), though still below the MA60 (HKD 4.656).

Goldstream Investment staged a broad rally in the afternoon session, closing up 4.89% at HKD 4.290 with an intraday high of HKD 4.370, breaking away from the morning range of HKD 4.090-4.100. Ongoing share buybacks served as a direct catalyst, with the latest HKEX return disclosing a repurchase at HKD 4.36 per share, following earlier buybacks averaging HKD 4.08-4.18, aligning with today's close. On fundamentals, Q4 2025 operating revenue rose 22.3% YoY to HKD 44.552 million, but net profit swung to a loss of HKD 19.062 million, with EPS of -HKD 0.0744, net margin of -42.78%, and ROE of -7.31%, highlighting earnings stress despite the supportive buyback activity. The stock at HKD 4.290 remains 7.8% below the 60-day MA of HKD 4.653, up 40.66% YTD but still 70.41% off its 52-week high of HKD 14.5, indicating a low-to-mid position in the recovery range. However, a prior USD 6.5 million investment in Grace Investment Machine for a 5.19% stake has yet to contribute to near-term profitability.

Goldstream Investment saw a morning session low open and high walk, closing up 5.22% at HKD 4.23, mainly driven by recent share repurchases and strategic investment news. The intraday low was HKD 3.96, while the high reached HKD 4.23, with turnover of HKD 423,070 on only 103,000 shares, indicating thin trading. The company has recently disclosed multiple buybacks, including an average price of HKD 4.08, and invested USD 6.5 million for a 5.19% stake in Grace Investment Machine, while also committing up to USD 8 million as a cornerstone investor in Manycore's IPO. However, Q4/2025 results showed a net loss of HKD 19.06 million, widening 293.8% YoY, with EPS of -HKD 0.0744 and a net margin of -42.78%, highlighting ongoing fundamental weakness. The stock remains 70.83% below its 52-week high of HKD 14.5, though it has gained 38.69% YTD, and is trading above the 20-day MA of HKD 4.209 but below the 60-day MA of HKD 4.641, indicating short-term strength but an unbroken medium-term downtrend.