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25/07/19

16:28

Post #: 39693535
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Originally posted by soarer: ↑

They trying hard to cap it but for how long …

From Buysell signals

Undervaluation [compared with sector average]
Price/Earnings and Earnings Yield:

• Price/Earnings of 4. The P/E of 4.0 plus annual inflation in the Australia of 1.3% adds up to 5.3, well within the value benchmark Rule of 19.
• Earnings yield of 24.9% is 18.9 times the 10-year bond yield of 1.32%.
Price to Sales:
• Price/Sales of 0.6 [2.1]. We estimate Kingsrose Mining stock is trading at a current year Price/Sales of 0.5 and a forward year Price/Sales of 0.4.
Price to Book:
• Price to Book of 0.5 [2.0]. We estimate Kingsrose Mining stock is trading at a current year Price to Book of 0.5 and a forward year Price to Book of 0.5.
Price to EBITDA:
• Price to EBITDA of 3.1 [8.4].
MCap/Total Assets:
• Tobin's Q Ratio, defined as MCap divided by Total Assets, is 0.4. Compared with the rest of the market the stock is undervalued and ranks in the top quartile of stock by value of Q Ratio.
Undervaluation Indicators and rank of Kingsrose Mining in the Australian market:
Uptrend
Today's Volatility:
• Kingsrose Mining rises 9.4% on high volatility: Since the start of trading its volatility (highest price minus lowest price/lowest price) of 6.1% was 1.7 times the average daily volatility of 3.6%, up from 3.1% on Tuesday and 2.9% on Monday.
Past Week:
• Kingsrose Mining is placed 303/1404 in BuySellSignals' ranking of Australian performers in the past week, a percentile ranking of 78.
• In the past week, volume was 1.2 times average and the shares were up 6.1%.
Daily Research Report: Kingsrose Mining
Wednesday, July 24, 2019 Australia Edition
Bullish Signals

Fig 6: Satisfies six criteria of Benjamin Graham
• The P/E of 4 multiplied by the P/NTA of 0.5 is 2.0. Being less than the Benjamin Graham benchmark of 22.5 the stock appears undervalued.
• "An earnings-to-price yield of at least twice the triple-A bond"; the stock's earning yield of 24.9% is 18.9 times the triple-A bond yield of 1.3%.
• The P/E of 4 is 0.1 times the highest average P/E of 65.1 in the last five years.This is a value criterion, according to Benjamin Graham who described as a value criterion “A P/E ratio down to less than four-tenth of the highest average P/E ratio the stock attained in the most recent five years".
• "A stock price down to at least two-thirds of tangible book value per share"; the price is 0.48 times tangible book value per share of 7cents.
• "Total debt less than tangible book value"; total debt of AUD235,054 is less than tangible book value of AUD52.1 Million.
• "Current ratio of two or more"; current assets are 3.5 times current liabilities.

Fig 7: Satisfies 5 out of 9 criteria of Joseph Piotroski [pass mark 5]
• Positive net income.
• Positive operating cashflow.
• Good quality of earnings [operating cashflow exceeds
net income].
• Improvement in current ratio from 0.9 to 3.5.
• Improvement in asset turnover [growth in revenue of
105.1% exceeded growth in assets of 7.9%].

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Even persuaded me to top up , great research , thanks for sharing.

KRM Price at posting: 3.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
Last 3.6¢		Change -0.001(2.70%)		Mkt cap ! $27.84M

Open	High	Low	Value	Volume
3.7¢	3.7¢	3.6¢	$4.675K	128.0K

Buyers (Bids)

No.	Vol.	Price($)
2	26828	3.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.5¢	150147	2

View Market Depth

No.	Vol.	Price($)
2	42759	0.036
1	94528	0.035
2	585714	0.034
2	650000	0.033
1	41660	0.032

Price($)	Vol.	No.
0.035	150147	2
0.039	9107	1
0.040	147598	2
0.042	25000	1
0.043	459999	2

Last trade - 15.09pm 03/09/2024 (20 minute delay)

KRM (ASX) Chart

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