Two-bagger Schaffer increases
1.4% on extraordinary volume
Schaffer Corporation Limited, Australia's 5th largest
Automobile & components company by market cap, rose for
a second day on Tuesday bringing its two-day rise to 25.0c
(1.7%). Schaffer's stock price has increased 20.0c (1.4%) from
its last trading session of August 06 to close at $A15.0.
Compared with the All Ordinaries Index which fell 18.2 points
(0.3%) in the day, the relative price increase was 1.6%. A twobagger
in the past year, the value of $A1,000 invested one
year ago is $A2,245 [vs $A1,089 for the All Ordinaries Index],
including a capital gain of $A1,178 and dividend reinvested
of $A68. The total return to shareholders for 1 year is 124.5%.
The rise has been propped up by extraordinary volume of 4.3
times the average daily volume of 5,437 shares. Its MCap is
$A207.3 million.
Schaffer is good value by Price/Sales despite 21%
price rise
Schaffer Corporation Limited (ASX:SFC), has jumped $A2.65
(or 21.5%) in the past quarter to close at $A15.0 today.
Compared with the All Ordinaries Index which rose 165.2
points (or 2.7%) in the past quarter, this represented a relative
price increase of 18.8%. The stock is trading at a Price/Sales
multiple of 1. The Price/Sales is 0.6 times the sector average
of 1.5; and is the 5th lowest in the Automobile & Components
sector.
(20min delay)