Qatari stock alert

QATAR

CLOSING UPDATE: Qatar Gas Transport lifts 3.7%, led Transportation index higher 14 June 2018 13:24 AST

NEWS BITES - MIDDLE EAST & NORTH AFRICA

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

Qatar Gas Transport, Qatar's largest transportation company by market capitalisation, has lifted 3.7% to trade at QAR16.20 vs. the Transportation index which strengthened 48.2 points (or 2.5%) to 1,936.2. Representing a weighting of about 48.4% of the index, the stock accounted for 70.4% of today's gain. The shares have outperformed 86% of the market in the past month. Trading volume was 8.2 times average at the end of the day. Compared with the QE Index which fell 12.5 points (or 0.1%) in the day, this represented a relative price increase of 3.9%.

Technical indicators complementing today's significant uptrend:

+ The positive 0.3 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The price increased 1.1% in the last week and jumped 8.4% in the last month.

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

Undervaluation:

+ Price/Earnings of 10.6 [12.1]

+ Return on Equity 14.3% [7.3%]

Other Bullish Signals include:

+ The company is cash rich with Cash to Market Capitalisation at 30.9%.

+ Tobin's Q Ratio is 0.3. Compared with the rest of the market the stock is undervalued.

+ Net profit margin has averaged 28.5% in the last 3 years. This is considered superior and suggests a high margin of safety.

+ As per the Du Pont analysis, Return on Equity of 14.3% is better than sector average of 7.3%.

Note

Qatar Gas Transport today is at a discount of 10.0% to the 12-month high of QAR18.01 on 05 Jul, 2017. It is at a premium of 32.4% to the 12-month low of QAR12.24 on 12 Nov, 2017.

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

Overvaluation:

Price to Book of 1.5 [0.9]

TODAY'S ALERT

Morning Alert: Qatar Gas Transport up 2.9% in 2 days

14 June 2018 10:06 AST

Qatar Gas Transport - Nakilat (QE:QGTS) extended its gains on Thursday, rising an additional 24.0 Dirham (or 1.5%) to trade at QAR15.86. Trading volume was 20% of average so far today.

RECENT ALERTS

CLOSING UPDATE: Qatar Gas Transport increases 1.4%, led Transportation index higher

13 June 2018 13:25 AST

Qatar Gas Transport, Qatar's largest transportation company by market capitalisation, has increased 1.4% to trade at QAR15.62 vs. the Transportation index which strengthened 14.0 points (or 0.8%) to 1,867.9. Representing a weighting of about 48.7% of the index, the stock accounted for 88.4% of today's gain. Trading volume was 3.1 times average at the end of the day. Compared with the QE Index which fell 1.2 points (or 0.01%) in the day, this represented a relative price increase of 1.4%.

Morning Alert: Qatar Gas Transport down 3.4% in 2 days

13 June 2018 10:06 AST

Qatar Gas Transport - Nakilat (QE:QGTS) extended its slide on Wednesday, shedding an additional 12.0 Dirham (or 0.8%) to trade at QAR15.29. Trading volume was 45% of average so far today.

Qatar Gas Transport - Nakilat (QA:QGTS; QD:QGTS)

ISIN: QA000A0KD6L1

PermID: 4295886947

Source: www.BuySellSignals.com