Weekly Fundamental and Technical Analysis Prospects - Week Starting 21st Oct 2013 (No. 88)
Here’s this week’s FA and TA List. The newer items first and those carried forward from last week towards back of list (some of the items from last week have a time horizon of more that one week). All listed market caps are undiluted (and do not include escrowed shares) (Note: Max time for any entry on list will be 4 weeks after which time it will be removed).
Important Note: Remember just because it appears on the list does not necessarily mean it will rise in price... it may actually fall or do nothing. So it is critical that you perform detailed research on each stock first and make your own mind up to whether invest or not. I suggest you run a stop-loss at all times when trading/investing. How tight your stops are depends on your threshold to risk and financial pain. Lastly I take no responsibility for the accuracy of the information provided as I do not have the time to research all the facts that have been provided. Best of Luck.!
Weekly Fundamental Analysis Prospects --------------------------------------------------------------------------------------------------- IVX - Biotech,
Specialises in high-speed network encryption, protecting data in motion whilst retaining network performance. Recently restructured and entered into a master distribution agreement with SafeNet Inc for growing data security markets. This agreement will enable SEN to leverage SafeNet’s 200 strong sales-force located in approx. 25 locations around the world. Products are the world’s only triple-certified encryptors of their type - Common Criteria (Australia and international), FIPS (US) and CAPS (UK) – as suitable for government and defence use and protect much of the world’s most sensitive data. Secures government information and secrets; defence and military information; commercially sensitive intellectual property, business and financial data; banking transactions; data centre traffic; high volume CCTV networks; and critical industrial and infrastructure control systems.SEN designs, develops and manufactures in Australia. Senetas encryptors have market leading performance characteristics and are trusted to protect data in motion in more than 25 countries. These customers include highly sensitive organisations such as the US defence forces and Swiss banks.SEN expects to return to profitability in FY2014 and expects to make announcements re its profit expectations for 2014 in due course.SEN is debt free. Cash on hand was approx. $4mil @30/6/13Over 1 billion shares – could expect consolidation in the not too distant future. Poster: Tobyjack (STT Accuracy: 46.9% - Ranking No.3 ) Click Here for originating post
(Mcap:$37.3m)
EHL - Original equipment manufacturer (OEM) machines to mining industry,
Bounce off the 50% fib retracement level. Bullish OBV with increasing OBV First target is 3.9c. If broken, the next target would be ~5.6c Poster: Desmin (STT Accuracy: Unknown) Click Here for originating post
(Mcap:$6.4m)
MBN - Nickel producer in Brazil.,
21/10/2013
20 years mining lifeover $60m cash, however, burnt quickly due to depressed nickel price. recent drop mainly due to cancellation of the sale agreement, but today's announcement the agreement is still valid. Market cap is only $14m. Compared with the peers like SIR, should be valued at much more level. Poster: Accaeric (STT Accuracy: Unknown) Click Here for originating post
n control of "LARGEST undeveloped gas field in South Africa" Sunbird Energy Ltd ASX: SNY Sunbird Energy Ltd is an gas explorer and developer focused on southern Africa where limited domestic gas supply and growing energy needs have created significant opportunity for the development of large scale energy projects. Recent high profile entries into area Shell, Anadarko, Cairn India, Exxon and BHP, actively exploring BHP.SHORT TERM DRIVERS by December 131.Field Development Plan and Basis of Design2.Gas Marketing Agreements Funding3.Partnering Agreements 4.Mopane Drilling Results5.CBM Contingent Resource Research note: "This is Seriously Undervalued "CASH $4m Poster: Stefan41 (STT Accuracy: Unknown) Click Here for originating post
(Mcap:$28.2m)
VMT - Scooter Manufacture in China,
18/10/2013
Manufacture and sale of electric powered scooters, petrol scooters etc (manufacturing plant in China).VMT have opened four retail stores and are opening more stores in China and this should help their growth into the future. They had their first profitable month in June 2013 of $80,000 and the NPAT for August 2013 was $121,000. The September Quarter should be their first profitable quarter. VMT forecast a Profit of $300,000-$600,000 for 2013. They had a first half loss of $554,000, therefore the profit for the second half should be $850,000- $1,150,000. With a MC of $22.6m they look reasonably priced if they can continue to grow their profits over the coming months and years. Poster: RetiredYoung (STT Accuracy: Unknown) Click Here for originating post
next key milestone is the signing a definitive agreement with Stonepeak which should be finalised by 23 October. It’s important to re-iterate that the funding alliance with Stonepeak provides 100% of the equity required at financial close estimated at US$660m (total capex US$2.26B). Stonepeak to receive ~50% project equity based on benchmark IRR criteria with LNG retaining a free carried interest of ~50%. LNG will also receive a 3% success fee by way of a cash payment, which equates to US$66m. Financial close is targeted for early 2015. ?Multiple re-rating catalysts still to come in 2013/14: Investors are provided with multiple re-rating catalysts through the balance of 2013 and early 2014 including: Multiple re-rating catalysts still to come in 2013/14: Investors are provided with multiple re-rating catalysts through the balance of 2013 and early 2014 including: 1.Definitive equity funding agreement (2QFY14); 2.Bankable off-take agreements for train 1 (2QFY14) & train 2 (3QFY14); 3.FERC environmental filing (2QFY14); 4.Confirmation of EPC contractor (2QFY14); and 5.Potential for HoAs for trains 3 & 4 ongoing.•Assuming the company remains free carried for 50% project equity we ascribe LNG an un-risked equity valuation of $560m or $1.83/sh providing incoming investors with a highly leveraged risk/return profile vs the current share price of $0.28/sh. Please refer to our recent initiation note attached. We reiterate our BUY recommendation and a PT of $0.70/share. Poster: Accaeric (STT Accuracy: Unknown) Click Here for originating post
(Mcap:$103.1m)
PRU - Gold in West Africa,
17/10/2013
Of all the recognized major goldies PRU is the most beaten up. It is currently trading near its yearly lows. It released a company promo today and it looks fine to me. I am speculating that the US is going to stuff up this debt ceiling thingy, in which case nobody will be hold down the gold price. On that basis I am looking for a kick in PRU's price. Looks a safe entry to me at these levels. I bought this morning @46.5 [16/10] on the open .... my short term price target is 55 cents. Poster: Dazedandconfused (STT Accuracy: Unknown) Click Here for originating post
Orca Energy Ltd (OGY, formerly Monitor Energy Limited) is a global energy company with exploration and development activities in both Petroleum and gas. MHL currently focuses on Cooper Basin permits in Australia and the Seabiscuit Project in Matagorda County, Texas.. Announcement today on AsX that their discovery with SENEX SXY, at Burruna in cooper, has today come online for production. Previous testing has confirmed it has flowed at greater than 3000 bopd, of which OGY is a 20% stakeholder. Flow rates will be restricted to 800 bopd for now to assist onset flows and management of same. This will significantly add to the company income and get the long awaited re rating IMO. Most other Cooper explorers and producers have been significantly re rated and OGY is one of the last not to have its run up as yet. Plenty of further projects in the pipe Poster: BrookeCE (STT Accuracy: 30.2% - Ranking No.11 ) Click Here for originating post
(Mcap:$10.4m)
AYR - Gold in WA,
16/10/2013
Significant new gold mineralisation system confirmed via market Ann today at dusk til dawn prospect, which should significantly add to reserves and company vision of proving up projects beyond 1mil ounces In quality gold. See ASX announcement today. Results include 11.6g/t with averages around 3.5 Poster: BrookeCE (STT Accuracy: 30.2% - Ranking No.11 ) Click Here for originating post
(Mcap:$2.8m)
WWI - Gold/Copper/Uranium West Papua,
15/10/2013
Alluvial gold project soon to start (end of this month) Kahlbetzer family buying into the story (BRW rich listers) Warwick Grigor buying into the story (i.e. Twiggy's mate) Fully funded for 2014 and most of 2015... looking to add cash from alluvial's... allowing hard exploration to happen soon. Long awaited airstrip essentially complete, allowing full access to site. Low of 1.4 cents.. has prove n it can run to 3 cents range. Pulled back to high 2 cent range awaiting news. Linked closely to DRD Gold in South Africa. Very good historical working. Very soon to be a trial mining operation. Debt = $0, Cash = $5 million approx (some on payment schedule) Poster: BigShareshead (STT Accuracy: Unknown) Click Here for originating post
(Mcap:$8.1m)
TSN - Electronic transaction payments in India,
14/10/2013
CX Partners earlier this year finalized its acquisition of a 75% stake in the Indian ATM unit of Australia's Transaction Solutions International (TSI). The private equity firm has agreed to pay INR1.2 billion($22.13 million) for TSI India. CX Partners will make the investment in two tranches. The first tranche of INR805 million will be made through the of purchase of existing TSI Shares plus additional purchase of INR125 million worth of new shares. The second INR412 million tranche will be made entirely through the purchase of new shares. The investment, which values TSI India at around $29 million, is being made through CX Partners' $515 million maiden fund, one of the largest India-focused PE vehicles targeting growth opportunities. TSI India has been operational since 2006 and operates more than 1000 ATMS. In March the company signed a nine-year agreement with Tamilnad Mercantile Bank (TMB) to deploy and manage an additional 200 ATMs, with the ability to extend that to as many as 400 machines. Industry estimates predict the number of ATMs in India will increase from approximately 95,000 in 2012 to at least 200,000 by 2017.Has a few shares on offer - 1.7 billion, so consolidation down the track is possible. TSI currently has A$12 million cash available to TSI India for expansion. Last quarter it had an income of $2.3mil Poster: Tobyjack (STT Accuracy: 46.9% - Ranking No.3 ) Click Here for originating post
There is no reason to believe that this is going to take off any time soon, but I am putting it up for a few reasons. It raised capital a couple of months ago and placed about 60% of the shortfall last week [about 2 million $s worth still hanging over]. The SP has been trading sideways for some weeks @ 1.8-1.9 cents. So my first reason is it seems a low risk entry if you get in around current levels. Next reason is the company has come out with a string of good anns in the last 7 days. Money in the door from a tax rebate and a cornerstone investor [as mentioned above]. Also a useful MOU for a long standing project in Chile. Last reason, LNC [Linc Energy] is presently imploding and likely to list on the SGX. LNC has 16,000 retail holders. Some of them are likely to sell out and CNX is a logical place for them to reinvest if they want exposure to a UCG company. The timing is good for CNX given they have solved their cash problems recently. no debt ... Cash in hand approx 9 Million Poster: Dazedandconfused (STT Accuracy: Unknown) Click Here for originating post
(Mcap:$21.3m)
CKA - Coal in Indonesia,
11/10/2013
Blumont has just upped their stake in the company to 9% and done a favourable deal with cka to advance to mining COKAL ANNOUNCES BLUMONT FINANCING PROPOSAL Global metallurgical coal group Cokal Ltd (ASX:CKA) confirms it has been in discussion with Blumont Group Ltd (Blumont) about a US$77M funding package designed to fund the equity requirements for the BBM project as well as general corporate requirements. In addition discussions were also close to finalisation on a potential takeover offer of A$124m. ROJECT OVERVIEW The BBM Coal Project (IUP 188.45/149/2013) is situated in Central Kalimantan, Indonesia in the prospective metallurgical Upper Barito Coal Basin, Regency of Murung Raya. The Project covers an area of 15,000 hectares. The Project is adjacent to the BHP Billiton’s, Indomet Coal, Joloi Project in Murung Raya Regency. BBM currently has a JORC Resource of 77 Million tonnes (Mt) in multiple seams comprised of 70Mt Inferred and 7Mt Indicated Resources. Cokal has also been working on converting the 200 to 350Mt additional Exploration Target1in to JORC resources. Cokal is completing definitive studies and obtaining the necessary approvals with the aim of commencing construction in late 2013 which would see first production occur in the first half of 2014 Poster: Voliobene (STT Accuracy: Unknown) Click Here for originating post
(Mcap:$83.9m)
MNZ - Online business (IT),
11/10/2013
MNZ just raised $150k cash @0.6c, proposed to buy DealsDirect which annual turnover is over $60m.Just compared with others:MNW - from 2.2c to 27c in two months, market cap $90mSMA - from 0.7c to 3.1c in one month, market cap $49mMBE - from 2c to 16c in three months, market cap $49mMNZ market cap $3m.As proposed deal is a reverse takeover, probably no cash consideration is required, that is why MNZ only raised a small amount of cash. If they can get a cheap deal, MNZ could rocket very high as only 233m shares are issued. Compared with peers, $50m market cap would be achievable. The 25m shares can be soaked up within one trading day if they get a good deal. Poster: Accaeric (STT Accuracy: Unknown) Click Here for originating post
Three month chart shows a strong bullish trend.OBV is also bullish. MACD is strongly bullish being above the 30 day line and trending higher. Stochastics register as bullish but not overbought or oversold. Strong spikes. Note: There has been "smoke signals" in various forms about the prospects of this co on DT and ST threads of late. Both for TA and FA. CDYO are three years long and just in the money at current SP. Recent acquisition valued this co. over five cents. Reputable management. Poster: J8 (STT Accuracy: 27.3% - Ranking No.17 ) Click Here for originating post
(Mcap:$21.5m)
DLS - Oil/Gas in many countries,
18/10/2013
Interesting the charts aims around $1.50ish, I figured $1.50 was a good target at its current reporting. Poster: Toll (STT Accuracy: Unknown) Click Here for originating post
Today closed above 50dMA on decent volume. RSI ticking up, MACD 3 days past cross over See chart in Link Below Poster: RainMakerFaker (STT Accuracy: 15.4% - Ranking No.20 ) Click Here for originating post
(Mcap:$80.5m)
ADO - Biotech - Anteo Diagnostics,
18/10/2013
This one has been trading sideways for years. A perennial wannabe [with a devoted cheer squad on HC]. Frustration levels are rising with the Co, lots of promises but still nothing to show for it. [The company's product looks very commercial though]It is currently trading at the bottom of its trading range. Perhaps the sell-off that has slowly been going on will continue. If not, I would expect it rebound off this level in a few weeks. I am holding stock .... short term price target 6.5 cents [probably a 4 to 6 week trade] About $3mill cash No Debt Poster: Dazedandconfused (STT Accuracy: Unknown) Click Here for originating post
(Mcap:$45.5m)
CSD - Tin in Queensland,
16/10/2013
the gap to 6c has been closed, despite positive news being released. Retrace from 8c has occurred, with the price just slipping under the 38.2% retracement level of 6.1c.The 4-week and 13-week high is 8.1c. Support can also be found at around these levels. Poster: Ricdan1985 (STT Accuracy: 29.4% - Ranking No.14 ) Click Here for originating post
(Mcap:$12.3m)
CGP - Pharmaceutical and healthcare products,
16/10/2013
Building stealth and strength just below the 200DEMA. OBV paints a picture of strong accumulation, Volume has been recently strong into the 10's of mils declining into a confirmed buy sig today on thinning sellers closing on the high up 11%. Macd weekly in looking to bounce of its signal line with plenty left in the tank to come IMO My indicators are suggesting buy with targets to the 3 points of the upper distribution marked on the chart. Position not held but looking for an entry. Poster: Pilsner (STT Accuracy: 23.5% - Ranking No.18 ) Click Here for originating post
