Egyptian stock alert


Afternoon Alert: Cairo Poultry keeps rising: up 16.1% in 3 days 21 January 2018 12:13 EET


Cairo Poultry (CA:POUL) extended its gains on Sunday, rising an additional 36.0 qirsh (or 3.7%) to trade at LE10.10. Trading volume was 1.6 times average so far today. The shares have risen LE1.40 (or 16.1%) over the past three trading days vs. the EGX 30 Index which has risen 2.4% in the same period.

SECTION 1: The past week

Current indications of bullish signals that support the trend in the unusual trading

1.1 At a glance

Weekly: Cairo Poultry in its biggest weekly gain in 2 months January 18, 2018 14:30 EET

Cairo Poultry (CA:POUL), Egypt's 4th largest Food and Beverage company by market cap, has lifted LE1.12 (or 13.0%) in the past week to close at LE9.74. In the past week the shares have lifted 13.0%, the biggest weekly gain since November 29, 2017. Compared with the EGX 30 Index which rose 168.5 points (or 1.1%) in the week, this represented a relative price increase of 11.9%. The volume was 0.3 times average trading per week of 866,005 shares. In the past week the market cap has jumped LE536.5 million.

1.2 5-day Recap

Cairo Poultry outperformed the EGX 30 index in 4 out of 5 days.

DayHeadlineClose price [EGP]Price change %Relative change %Comment
ThursdayCairo Poultry in its biggest weekly gain in 2 months9.743.62.2
WednesdayCairo Poultry rises to test Rise
SundayCairo Poultry in 2nd consecutive rise, nears two-month high8.852.72.5


DayHeadlineClose price [EGP]Price change %Relative change %Comment
TuesdayCairo Poultry decreases8.7-0.10.1
MondayCairo Poultry decreases 1.6%8.71-1.6-1.2Steepest Fall

SECTION 2: Technical indicators


The positive 0.37 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal (12-day minus 26-day Exponential Moving Averages). Both the 12-day and the 26-day EMA are rising - another bullish signal. In the past week, the stock's MACD has been positive every day, a reinforcing bullish signal.

The 4.6% discount to 12-month high of LE10.59 against the 212.5% premium to 12-month low of LE3.23 suggests the stock continues to push for new highs.

The stock has outperformed 89% of the Egyptian market over the past 6 months.

In the last one month the stock has hit a new 52-week high thrice and in the last three months seven times, pointing to a significant uptrend.

The price soared 14.1% in the last week and 23.2% in the last month.

The present value of EGP1,000 invested one year ago is LE2,904 [vs LE1,207 for the EGX 30 Index], including a capital gain of LE1,856 and dividend reinvested of LE48. The total return to shareholders for 1 year is 190.4%.

SECTION 3: Ranking

DescriptionValueRank In Market
Price/MAP2001.64In Top 4%
MCap $US million273In Top Quartile
52-week Range (in LE)3.2-10.6
1-month Range (in LE)8.0-10.6
Today's Volatility %10.9In Bottom 1%
Bollinger Bands1.2Bearish

Cairo Poultry (CA:POUL; CAI:POUL; EY:POUL)

ISIN: EGS02051C018

PermID: 4295866305