Australia Stock Alert

AUSTR

CLOSING UPDATE: BHP Billiton increases 0.6% - outperforming 83% of stocks June 20, 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 increased 18.0c (or 0.6%) today to trade at $A32.60 and has outperformed 83% of the market in the past three months. A price rise combined with a high relative strength is a bullish signal. Compared with the All Ordinaries Index which rose 65.7 points (or 1.1%) in the day, this represented a relative price change of -0.5%.

Technical indicators complementing today's significant uptrend:

+ The positive 0.14 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The 5.9% discount to 12-month high of $A34.63 against the 54.4% premium to 12-month low of $A21.11 suggests the stock continues to push for new highs.

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

+ The present value of AUD1,000 invested one year ago is $A1,551 [vs $A1,083 for the All Ordinaries Index].

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

Undervaluation:

+ Price to Book of 2.4 [2.8]

Other Bullish Signals include:

+ The company is cash rich with Cash to Market Capitalisation at 11.0%.

+ 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 10.8%.

Note

Bearish Signals:

The price decreased 2.0% in the last week and sank 4.0% in the last month.

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 decreases 0.4%, leads Materials sector lower

June 20, 2018 13:00:00 AEST

BHP Billiton Limited (ASX:BHP) has decreased 0.4% to trade at $A32.29 vs. the Materials sector which weakened 2.3 points (or 0.05%) to 4,493.6. Representing a weighting of about 31.4% of the sector, the stock accounted for the loss.

Morning Alert: BHP Billiton keeps sliding: down 3.5% in 3 days

June 20, 2018 11:00:00 AEST

BHP Billiton Limited (ASX:BHP) extended its slide on Wednesday, shedding an additional 2.0c (or 0.1%) to trade at $A32.40. The shares have fallen $A1.16 (or 3.5%) over the past three trading days vs. the All Ordinaries Index which has risen 0.6% in the same period.

RECENT ALERTS

CLOSING UPDATE: BHP Billiton down 3.4% in 2 days

June 19, 2018 16:00:00 AEST

BHP Billiton, Australia's largest materials company by market capitalisation, extended its slide on Tuesday, shedding an additional 34.0c (or 1.0%) to trade at $A32.42. Trading volume was 76% of average at the end of the day. The shares have fallen $A1.14 (or 3.4%) over the past two trading days vs. the All Ordinaries Index which has risen 0.1% in the same period.

Afternoon Alert: BHP Billiton down 2.9% in 2 days

June 19, 2018 13:00:00 AEST

BHP Billiton Limited (ASX:BHP) extended its slide on Tuesday, shedding an additional 17.0c (or 0.5%) to trade at $A32.59. The shares have fallen 97.0c (or 2.9%) over the past two trading days vs. the All Ordinaries Index which has risen 0.5% in the same period.

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

ISIN: AU000000BHP4

PermID: 4295856983

Source: www.BuySellSignals.com