South African stock alert


CLOSING UPDATE: Interwaste Holdings plummets 13.3% 18 January 2018 18:59 SAST


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).

Interwaste Holdings, South Africa's largest environmental control company by market capitalisation, traded on volume of 0.1 times average today while the price plummeted 12.0c (or 13.3%) to trade at 78.0c. Compared with the FTSE/JSE- Africa Top 40 Index which fell 58.4 points (or 0.1%) in the day, this represented a relative price change of -13.2%.

Technical indicators complementing today's significant downtrend:

+ The price sank 4.9% in the last week and plummeted 13.3% in the last month.

Other Bearish Signals include:

+ Net profit margin has averaged 4.9% in the last 3 years. This suggests the company is less profitable with a low margin of safety.


Interwaste Holdings today is at a discount of 37.6% to the 12-month high of ZAR1.25 on 16 Feb, 2017. It is at a premium of 11.4% to the 12-month low of 70.0c on 23 Aug, 2017.

The stock has outperformed 65% of the South African market over the past 6 months.

Bullish Signals:

Total Liabilities/EBITDA of 4.7 is less than the Joseph Piotroski benchmark of <5.

Tobin's Q Ratio is 0.4. Compared with the rest of the market the stock is undervalued.

As per the Du Pont analysis, Return on Equity of 8.9% is better than sector average of 8.1%.

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


Year-on-Year Earnings Growth of 29.5% [7.0%]


Afternoon Alert: Interwaste Holdings plummets 13.3% on robust volume

18 January 2018 12:50 SAST

Interwaste Holdings Limited (J:IWE) traded on heavy volume of 1.8 times average so far today while the price plummeted 12.0c (or 13.3%) to trade at 78.0c.

Interwaste Holdings Limited (J:IWE; JNB:IWE; SJ:IWE)

ISIN: ZAE000097903

PermID: 4295888452