Russian stock alert

RUSS

CLOSING UPDATE: MMC Norilsk Nickel increases 1.1% - outperforming 82% of stocks 20 October 2017 19:43 SAMT

NEWS BITES - BRIC

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

MMC Norilsk Nickel, Russia's largest mining company by market capitalisation, has increased RUB121.0 (or 1.1%) today to trade at RUB10,690.0 and has outperformed 82% of the market in the past week. A price rise combined with a high relative strength is a bullish signal. Compared with the MICEX Index which fell 1.5 points (or 0.07%) in the day, this represented a relative price increase of 1.2%.

Technical indicators complementing today's significant uptrend:

+ The positive 286.68 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The 4.5% discount to 12-month high of RUB11,199.0 against the 39.2% premium to 12-month low of RUB7,677.0 suggests the stock continues to push for new highs.

+ The price lifted 2.2% in the last week and soared 10.5% in the last month.

Other Bullish Signals include:

+ Interest cover is less leveraged at 8.2 times.

+ Total Liabilities/EBITDA of 3.4 is comfortably below the Joseph Piotroski benchmark of <5.

+ Tobin's Q Ratio is 1.8. Compared with the rest of the market the stock is undervalued.

+ Net profit margin has averaged 22.5% in the last 3 years. This is considered superior and suggests a high margin of safety.

Note

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

Overvaluation:

Price/Earnings of 11.6 [8.9]

Price/Earnings/Growth of 0.24 [0.1]

Price/Sales of 3.6 [3.0]

Price to Book of 7.9 [5.0]

Return on Assets 15.4% [18.4%]

TODAY'S ALERTS

Afternoon Alert: MMC Norilsk Nickel increases 1.3%, leads market higher

20 October 2017 14:06 SAMT

MMC Norilsk Nickel (MICEX:GMKN) has increased 1.3% to trade at RUB10,704.0 vs. the MICEX Index which strengthened 1.0 points (or 0.05%) to 2,074.4. Representing a weighting of about 5.8% of the index, the stock accounted for the gain. The shares have outperformed 81% of the market in the past week. Trading volume was 87% of average so far today.

Morning Alert: MMC Norilsk Nickel increases 1.1%, leads market higher

20 October 2017 11:38 SAMT

MMC Norilsk Nickel (MICEX:GMKN) has increased 1.1% to trade at RUB10,688.0 vs. the MICEX Index which strengthened 3.0 points (or 0.1%) to 2,076.4. Representing a weighting of about 5.8% of the index, the stock accounted for 46.7% of today's gain. The shares have outperformed 84% of the market in the past week. Trading volume was 89% of average so far today.

RECENT ALERTS

CLOSING UPDATE: MMC Norilsk Nickel decreases 1.9%, led Mining sector lower

19 October 2017 19:42 SAMT

MMC Norilsk Nickel, Russia's largest mining company by market capitalisation, has decreased 1.9% to trade at RUB10,569.0 vs. the Mining sector which weakened 80.4 points (or 1.8%) to 4,433.0. Representing a weighting of about 60.6% of the sector, the stock accounted for 65.1% of today's loss. Trading volume was 1.4 times average at the end of the day. Compared with the MICEX Index which fell 16.3 points (or 0.8%) in the day, this represented a relative price change of -1.1%.

Afternoon Alert: MMC Norilsk Nickel decreases 1.3% on robust volume

19 October 2017 14:07 SAMT

MMC Norilsk Nickel (MICEX:GMKN) traded on heavy volume of 1.4 times average so far today while the price decreased RUB144.0 (or 1.3%) to trade at RUB10,631.0.

MMC Norilsk Nickel (M:GMKN; MCX:GMKN; MM:GMKN; RM:GMKN)

ISIN: RU0007288411

PermID: 4295887092

Source: www.BuySellSignals.com