South African stock alert

SAFR

CLOSING UPDATE: Naspers keeps rising: up 13.7% in 10 days 21 July 2017 18:57 SAST

NEWS BITES - AFRICA

This is an end of day Alert, produced after today's South African market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Naspers, South Africa's largest media company by market capitalisation, extended its gains on Friday, rising an additional ZAR6.18 (or 0.2%) to trade at ZAR2,810.79. Trading volume was 60% of average at the end of the day. The shares have risen ZAR337.99 (or 13.7%) over the past ten trading days vs. the FTSE/JSE- Africa Top 40 Index which has risen 4.7% in the same period.

Technical indicators complementing today's significant uptrend:

+ The positive 46.19 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The stock has outperformed 97% of the South African market over the past 6 months.

+ In the last three months the stock has hit a new 52-week high twelve times, pointing to a significant uptrend.

+ The price climbed 4.8% in the last week and jumped 9.2% in the last month.

Other Bullish Signals include:

+ Interest cover is less leveraged at 12 times.

+ Total Liabilities/EBITDA of 2 is comfortably below the Joseph Piotroski benchmark of <5.

+ Net profit margin has averaged 27.4% in the last 3 years. This is considered superior and suggests a high margin of safety.

Note

Bearish Signals:

Tobin's Q Ratio is 4.3. Compared with the rest of the market the stock is overvalued and ranks in the bottom 2% of stocks by value of Q Ratio.

As per the Du Pont analysis, Return on Equity of 18.0% is lower than sector average of 19.5%.

Overbought/Bearish:

The 1.2% discount to 12-month high of ZAR2,846.50 against the 45.9% premium to 12-month low of ZAR1,925.98 suggests the climb might be peaking.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

Dividend yield of 0.2% [0.2%]

TODAY'S ALERTS

Afternoon Alert: Naspers keeps rising: up 13.6% in 10 days

21 July 2017 12:50 SAST

Naspers Limited (J:NPN) extended its gains on Friday, rising an additional ZAR4.02 (or 0.1%) to trade at ZAR2,808.63. Trading volume was 86% of average so far today. The shares have risen ZAR335.84 (or 13.6%) over the past ten trading days vs. the FTSE/JSE- Africa Top 40 Index which has risen 5.4% in the same period.

Morning Alert: Naspers keeps rising: up 13.7% in 10 days

21 July 2017 10:50 SAST

Naspers Limited (J:NPN) extended its gains on Friday, rising an additional ZAR5.81 (or 0.2%) to trade at ZAR2,810.42. Trading volume was 80% of average so far today. The shares have risen ZAR337.63 (or 13.7%) over the past ten trading days vs. the FTSE/JSE- Africa Top 40 Index which has risen 5.6% in the same period.

RECENT ALERTS

CLOSING UPDATE: Naspers keeps rising: up 13.4% in 9 days

20 July 2017 18:57 SAST

Naspers, South Africa's largest media company by market capitalisation, extended its gains on Thursday, rising an additional ZAR21.35 (or 0.8%) to trade at ZAR2,804.61. Trading volume was 48% of average at the end of the day. The shares have risen ZAR331.82 (or 13.4%) over the past nine trading days vs. the FTSE/JSE- Africa Top 40 Index which has risen 4.9% in the same period.

Afternoon Alert: Naspers keeps rising: up 13.3% in 9 days

20 July 2017 12:50 SAST

Naspers Limited (J:NPN) extended its gains on Thursday, rising an additional ZAR17.74 (or 0.6%) to trade at ZAR2,801.0. Trading volume was 79% of average so far today. The shares have risen ZAR328.21 (or 13.3%) over the past nine trading days vs. the FTSE/JSE- Africa Top 40 Index which has risen 4.9% in the same period.

Naspers Limited (J:NPN; JNB:NPN; SJ:NPN)

ISIN: ZAE000015889

PermID: 4295888592

Source: www.BuySellSignals.com