South African stock alert

SAFR

CLOSING UPDATE: Bowler Metcalf accelerates rise, now up 6.9% in 2 days 18 January 2018 18:59 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).

Bowler Metcalf, South Africa's 4th largest packaging & containers company by market capitalisation, is up 50.0c (or 6.9%) over the past two trading days. After rising 0.7% on Wednesday, the stock rose 6.2% on Thursday to trade at ZAR7.70 vs. the FTSE/JSE- Africa Top 40 Index that is up 0.4% in the same period.

Technical indicators complementing today's significant uptrend:

+ The stock has outperformed 84% of the South African market over the past 6 months.

+ The price lifted 3.4% in the last week and 2.7% in the last month.

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

Undervaluation:

+ Price to Book of 1 [1.6]

+ Dividend yield of 5% [1.0%]

Other Bullish Signals include:

+ Tobin's Q Ratio is 0.9. Compared with the rest of the market the stock is undervalued.

+ Net profit margin has averaged 20.5% in the last 3 years. This is considered superior and suggests a high margin of safety.

Note

Bowler Metcalf today is at a discount of 10.7% to the 12-month high of ZAR8.62 on 24 Jan, 2017. It is at a premium of 45.5% to the 12-month low of ZAR5.29 on 21 Aug, 2017.

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

Overvaluation:

Price/Sales of 1.3 [0.5]

Return on Capital Employed 1.4% [8.8%]

TODAY'S ALERT

Morning Alert: Bowler Metcalf decreases 0.7% - underperforming 90% of stocks

18 January 2018 10:51 SAST

Bowler Metcalf Limited (J:BCF) has decreased 5.0c (or 0.7%) today to trade at ZAR7.20 and has underperformed 90% of the market in the past week.

Bowler Metcalf Limited (J:BCF; JNB:BCF; SJ:BCF)

ISIN: ZAE000030797

PermID: 4295888758

Source: www.BuySellSignals.com