Shanghai stock alert

CHINA

CLOSING UPDATE: Petrochina - A Share increases 0.3%, led Energy sector higher 20 June 2018 16:06 CST

NEWS BITES - BRIC

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

Petrochina - A Share, Shanghai's largest energy company by market capitalisation, has increased 0.3% to trade at CNY7.42 vs. the Energy sector which strengthened 6.5 points (or 0.2%) to 4,217.6. Representing a weighting of about 46.8% of the sector, the stock accounted for 79.0% of today's gain. The shares have outperformed 81% of the market in the past one year. Trading volume was 66% of average at the end of the day. Compared with the SSE Composite Index which rose 10.3 points (or 0.3%) in the day, this represented a relative price change of -0.1%.

Technical indicators complementing today's significant uptrend:

+ The 1.5% premium to 12-month low of CNY7.31 against the 22.6% discount to high of CNY9.58 suggests the decline might be bottoming.

Bullish Signals:

+ Tobin's Q Ratio is 0.6. Compared with the rest of the market the stock is undervalued.

+ The Brand Value represents 4.2% of the estimated Enterprise Value of CNY2,021.8 billion (US$312.1 billion).

Note

Bearish Signals:

The negative 0.08 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

In the last three months the stock has hit a new 52-week low once.

The price sank 4.6% in the last week and plummeted 12.9% in the last month.

Net profit margin has averaged 2% in the last 3 years. This suggests the company is less profitable with a low margin of safety.

As per the Du Pont analysis, Return on Equity is less than stellar at 3.5%.

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

Overvaluation:

Dividend yield of 1.4% [4.0%]

Return on Equity 3.5% [4.0%]

Return on Capital Employed 2.9% [4.4%]

TODAY'S ALERTS

Afternoon Alert: Petrochina - A Share down 4.9% in 2 days

20 June 2018 13:01 CST

Petrochina Company Limited - A Share (SS:601857) extended its slide on Wednesday, shedding an additional 3.0 fen (or 0.4%) to trade at CNY7.37. Trading volume was 1.1 times average so far today. The shares have fallen 38.0 fen (or 4.9%) over the past two trading days vs. the SSE Composite Index which has fallen 4.4% in the same period.

Morning Alert: Petrochina - A Share down 4.8% in 2 days

20 June 2018 10:49 CST

Petrochina Company Limited - A Share (SS:601857) extended its slide on Wednesday, shedding an additional 2.0 fen (or 0.3%) to trade at CNY7.38. Trading volume was 1.2 times average so far today. The shares have fallen 37.0 fen (or 4.8%) over the past two trading days vs. the SSE Composite Index which has fallen 4.1% in the same period.

RECENT ALERTS

CLOSING UPDATE: Petrochina - A Share decreases further 1.3%, led market lower

19 June 2018 16:06 CST

Petrochina - A Share, Shanghai's largest energy company by market capitalisation, has sunk 4.5% to trade at CNY7.40 vs. the SSE Composite Index which weakened 116.5 points (or 3.9%) to 2,906.4. Representing a weighting of about 4.4% of the index, the stock accounted for 5.1% of today's loss. Compared with the SSE Composite Index which fell 116.5 points (or 3.9%) in the day, this represented a relative price change of -0.7%.

Afternoon Alert: Petrochina - A Share drops 3.2%, leads market lower

19 June 2018 13:00 CST

Petrochina Company Limited - A Share (SS:601857) has dropped 3.2% to trade at CNY7.50 vs. the SSE Composite Index which weakened 90.8 points (or 3%) to 2,970.6. Representing a weighting of about 4.4% of the index, the stock accounted for 4.7% of today's loss. Trading volume was 1.8 times average so far today.

Petrochina Company Limited - A Share (SS:601857; SHA:601857; CH:601857)

ISIN: CNE1000007Q1

PermID: 4295864860

Source: www.BuySellSignals.com