Australia Stock Alert

AUSTR

CLOSING UPDATE: BHP Billiton increases a further 0.9%, led market higher September 21, 2018 16:00:00 AEST

NEWS BITES - AUSTRALIA

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

BHP Billiton, Australia's largest materials company by market capitalisation, has lifted 2.5% to trade at $A33.58 vs. the All Ordinaries Index which strengthened 28.6 points (or 0.5%) to 6,305.4. Representing a weighting of about 8.4% of the index, the stock accounted for 45.3% of today's gain. The shares have outperformed 82% of the market in the past week. Trading volume was 1.7 times average at the end of the day. Compared with the All Ordinaries Index which rose 28.6 points (or 0.5%) in the day, this represented a relative price increase of 2.0%.

Technical indicators complementing today's significant uptrend:

+ The positive 0.05 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The 2.2% discount to 12-month high of $A34.35 against the 38.4% premium to 12-month low of $A24.26 suggests the stock continues to push for new highs.

+ In the last three months the stock has hit a new 52-week high twice.

+ The present value of AUD1,000 invested one year ago is $A1,432 [vs $A1,103 for the All Ordinaries Index].

Other Bullish Signals include:

+ The company is cash rich with Cash to Market Capitalisation at 10.9%.

+ Interest cover is less leveraged at 7.6 times.

+ Total Liabilities/EBITDA of 4.6 is less than the Joseph Piotroski benchmark of <5.

+ Tobin's Q Ratio is 1.1. Compared with the rest of the market the stock is undervalued.

+ As per the Du Pont analysis, Return on Equity of 11.4% is better than sector average of 10.6%.

Note

Bearish Signals:

Net profit margin has averaged 0.2% in the last 3 years. This suggests the company is less profitable with a low margin of safety.

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

Overvaluation:

Price/Sales of 3.4 [2.4]

TODAY'S ALERTS

Afternoon Alert: BHP Billiton increases 1.5%, leads market higher

September 21, 2018 13:00:00 AEST

BHP Billiton Limited (ASX:BHP) has increased 1.5% to trade at $A33.27 vs. the All Ordinaries Index which strengthened 35.0 points (or 0.6%) to 6,311.8. Representing a weighting of about 8.4% of the index, the stock accounted for 22.5% of today's gain. The shares have outperformed 80% of the market in the past week.

Morning Alert: BHP Billiton increases 2.0%, leads market higher

September 21, 2018 11:00:00 AEST

BHP Billiton Limited (ASX:BHP) has increased 2.0% to trade at $A33.42 vs. the All Ordinaries Index which strengthened 34.5 points (or 0.6%) to 6,311.3. Representing a weighting of about 8.4% of the index, the stock accounted for 30.2% of today's gain. The shares have outperformed 82% of the market in the past week.

RECENT ALERTS

CLOSING UPDATE: BHP Billiton up 4.5% in 2 days

September 20, 2018 16:00:00 AEST

BHP Billiton, Australia's largest materials company by market capitalisation, extended its gains on Thursday, rising an additional 37.0c (or 1.1%) to trade at $A32.77. Trading volume was 1.5 times average at the end of the day. The shares have risen $A1.42 (or 4.5%) over the past two trading days vs. the All Ordinaries Index which has risen 0.1% in the same period.

Afternoon Alert: BHP Billiton up 4.9% in 2 days

September 20, 2018 13:00:00 AEST

BHP Billiton Limited (ASX:BHP) extended its gains on Thursday, rising an additional 47.50c (or 1.5%) to trade at $A32.88. The shares have risen $A1.52 (or 4.9%) over the past two trading days vs. the All Ordinaries Index which has risen 0.2% in the same period.

BHP Billiton Limited (AU:BHP; ASX:BHP; AX:BHP)

ISIN: AU000000BHP4

PermID: 4295856983

Source: www.BuySellSignals.com