Japanese stock alert

JAP

CLOSING UPDATE: Japan Post Holdings increases 1.0%, led Services sector higher 21 September 2018 16:53 JST

NEWS BITES - JAPAN

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

Japan Post Holdings, the 2nd largest services company by market capitalisation in the Japan's, has increased 1.0% to trade at JPY1,359.0 vs. the Services sector which strengthened 234.6 points (or 0.6%) to 42,743.6. Representing a weighting of about 14.5% of the sector, the stock accounted for 27.3% of today's gain. The shares have outperformed 87% of the market in the past three months. Trading volume was 2.4 times average at the end of the day. Compared with the Nikkei 225 Index which rose 195.0 points (or 0.8%) in the day, this represented a relative price increase of 0.2%.

Technical indicators complementing today's significant uptrend:

+ The positive 19.51 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

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

Undervaluation:

+ Price/Earnings of 9.1 [14.4]

+ Price/Sales of 0.5 [0.6]

+ Price to Book of 0.4 [1.9]

+ Dividend yield of 4.2% [1.4%]

Note

Bearish Signals:

In the last three months the stock has hit a new 52-week low four times, pointing to a downtrend.

Net profit margin has averaged 2.4% 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 3.8%.

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

Overvaluation:

Return on Equity 3.8% [8.2%]

Return on Assets 0.2% [0.9%]

TODAY'S ALERT

Morning Alert: Japan Post Holdings increases 0.5% - outperforming 86% of stocks

21 September 2018 11:11 JST

Japan Post Holdings Co Ltd (TO:6178) has increased JPY7.0 (or 0.5%) today to trade at JPY1,352.0 and has outperformed 86% of the market in the past three months. A price rise combined with a high relative strength is a bullish signal.

RECENT ALERTS

Afternoon Alert: Japan Post Holdings in 2nd consecutive rise, nears six-month high

18 September 2018 13:01 JST

Japan Post Holdings Co Ltd (TO:6178) extended its gains Tuesday, rising an additional JPY4.0 (or 0.3%) to trade at JPY1,338.0. The stock increased 0.38% on Friday bringing its 2-day rise to 0.7%. It is now approaching its 122-day high of JPY1,343.0.

Morning Alert: Japan Post Holdings in 2nd consecutive rise, nears six-month high

18 September 2018 11:13 JST

Japan Post Holdings Co Ltd (TO:6178) extended its gains Tuesday, rising an additional JPY5.0 (or 0.4%) to trade at JPY1,339.0. The stock increased 0.38% on Friday bringing its 2-day rise to 0.8%. It is now approaching its 122-day high of JPY1,343.0.

Japan Post Holdings Co Ltd (TO:6178; TYO:6178; T:6178; JP:6178)

ISIN: JP3752900005

PermID: 5000022643

Source: www.BuySellSignals.com