Weekly Fundamental and Technical Analysis Prospects - Week Starting 16th Sept 2013 (No. 83)
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 ---------------------------------------------------------------------------------------------------
AJX - Specialty chemicals development company ,
16/09/2013
Focussed on fire resistant clothing. Listed in Australia and based in North Carolina, USA.165 million shares on issue. Directors and Management own 34%, Institutions own 30% plus (mainly English and USA). Cash 2.5 million. Monthly spend of $200k. Wages for scientists and so on in North Carolina (textile capital of USA) are half the wages in Australia No comparable treatments - fully patented - winner Fortune 500 best new product. Strategic commercial and technological relationship with USA department of defence who are jointly working on several clothing applications. USA department of defence has already invested $30 million. Fire proofing clothing, environmentally friendly. Process can be used in paint - still to be fully tested. Possibilities and potential only starting to be realised and potential is endless. Chemical manufacture subcontracted out and clothing manufacture licensed out. Profit of $2 to $3 or more per yard. AJX's overheads will be minimal. Target markets : Military, Law enforcement, First responders, Industrial workwear, Tents and backpacks. Manufacturing process in final stages of testing and new licence agreements to be signed for Europe and Asia with possible licensees queuing up. New proactive management since early this year. Much more info in recent presos and monthly newsletters. Spotted by: Lefevre
Merging with Cynata a Wisconsin Alumni Research Foundation company. Impressive track record this team. Management ex ISN and nasdaq CDI. Stewart Washer on board to sort funding to trial stage. Cynata has had a material impact on its valuation in my eyes. Spotted by: MasseyFerguson
Gene Silencing is cutting edge.... trials, talk of deals, imminent initial safety results (HIV), imminent HCV trial are all drivers. New discoveries surrounding this process are being published daily. See the threads for the most interesting and in depth research on this site. Spotted by: J8
Titan is producing around 100 bopd in a salt dome in Texas, The Allen dome, at around $105 dollars a barrel. Currently in the midst of a cap rock campaign in the Allen dome and about to release flow rates of their first cap rock, which logs have indicated two zones of interest. "Logging has identified a sand with oil bearing potential and the plan is to set casing and perforate a section from 741 feet to 745 feet. The well will then be swabbed and flow tested to assess whether a commercial flow rate can be achieved. The commercial potential of the well benefits from its proximity to production infrastructure and oil storage capacity."A second potential hydrocarbon section has been identified between 592' and 610' and this will be further assessed."Titan Energy is also pleased to report it is preparing to spud its second cap rock well at Allen Dome, the Poole #C-2. This well will be drilled structurally up-dip and possibly fault separated from the #C-1 well and is being drilled at a turnkey price of US$95,000 for a loggable well of up to 850' TD."With a MC of around 11m, a commercial success should provide a nice price rise. Spotted by: Bcsiles
Company currently holding 40 mill in cash + 100 mill in RRL scrip. Trading well below intrinsic value. Short term price driver is a well flagged coming announcement in which the Co "expects to announce the Caloma Two resource by end October, which will be important to extend the mine life" referring to its gold interests. Gold production begins early next year [refer to the ann 10/9/13]. Spotted by: Dazedandconfused
Junior oiler with interests in Tunisia, Romania, Italy etc. After very little activity for a year or so, they are now planning to start drilling in Romania in mid October. This is a BESBS (buy early sell before spud) trade. There is also a chance that they might have a farmout agreement which would be a bonus if it happens within this trading timeframe Spotted by: Amulet
IVR - Silver/Copper, Iron Ore Gold in S.Australia,
11/09/2013
Six weeks worth of drilling 2 new LARGE undrilled silver tenements that showed very promising soil samples, with announcements due next week. If results are any good should see a nice rise in SP. Cash at bank $7.9m (at 30th June 2013) Spotted by: BuffWarren
Stonepeak will contribute $660m for the exchange of 50% of the MLNG project, and will pay to the Company a one-off success fee on the MLNG Project achieving financial close, calculated on 3% of the total MLNG Project capital cost (such fee is estimated at US$66 million);That $66m is more than current market cap of LNG. Spotted by: Accaeric
has a number of targets it either owns 100% of 50% of or 25% of with SER .The JV target is on land previously off limits to exploration because of the land purpose being to use for the US military. notice received by the 3 largest shareholders who happen to also be common shareholders of SER calling for the removal of the CEO of KSN , Kevin Moriarty right in the middle of a drilling program at one of their joint ventures . The JV is completely operated by SER who are in the middle of drilling 14 targets , so the performance of Moriarty as CEO can have nothing to do with the lack of drilling activity , so one could assume it is more to do with corporate actions one group of parties wants to do and the other does not .My gut is thinking that there are other interested parties taking a look , SER may wish to acquire KSN or Moriarty is trying to hold his ground on issues in his sole interest ie KSN Would not be surprised to see some action over the next 2 weeks on this very tightly held stock so the votes go the right way or see Mr Moriarty jump ship and those that paid the majority of the raised money at 20c get control at operational level and benefit from the exploration that does not have long to go to see the first signs of there is anything there of substance . Spotted by: Firsova
Near term producer. Pretty simple setup - Have discovered tin in QLD conducting feasibility due out sometime in September. They have an interest in a processing circuit just down the road and a keen Asian major shareholder. Should be able to make the transition without to much trouble imo. Tin is about to get very hot imo, up 4% Friday night and more expected as the Indo's tighten supply to get the price about there cost of production by cutting out the illegal mining and such. Spotted by: V8
Part of the Polglase/Woods group of spec stocks. Have a tin discovery in Brazil with a mining license in good standing. Near term drilling, but effectively a spec punt on tin hotness. Hey also have recently merged with a company with myanmar contacts, see this post on the threads for an update. This could be a real flyer!http://hotcopper.com.au/post_single.asp?fid=1&tid=2072385&msgid=12269090 Spotted by: V8
Neon are currently drilling a large ( maybe up to 4 TCF ) gas prospect. The drill will be in the zone and no reporting will be done until logs are done. Sensible reporting and well managed free carry with majors, together with strong broker support make this a likely ST winner on good logs. Spotted by: J8
News is expected to arrive in the coming week or two regarding the HCSS testing zone. Originally, this had the quickest cleanup done on a short test, with most of the injected fluid rising to the surface. Directors all bought the maximum number of allowed shares (500k each), and an 80% uptake from SHers. Spotted by: Ricdan1985
ESI - Coldry Technology at Loy Yang Gippsland Victoria,
6/09/2013
Potential Funding for CDP Commercial Demonstration Plant Via DEPI to be announced shortly with CSI MCG Monash Capital Group also to be announced shortly. MCG were going to fund the whole amount to build the CDP prior to the ALDP being announced. They are the only ASX listed Co. currently in the public domain who have announced they are short listed to receive a slice of the governments $90M via the ALDP .MOU with AGL at Loy Yang to become concrete and announced where CDP is being built. Currently trading at 12 month lows. Has the potential, if it plays out, to become the new ASX market darling with 12c ST not out of the question. 1st to market new Technology patented worldwide. Spotted by: HCTrader
Just broken its previous recent high of 14 cents and now sits at 15 cents on substantial volume. Entering blue sky imo with a long way to go. AJX was backdoor listed in to the old Evans and Tate shell in 2010. Spotted by: Lefevre
Established healthy uptrend on persistent heavy volume. Finding good support around 0.09.A retest of the high of 0.125 & above is on the cards. Spotted by: 3500
Very bullish sector. Sitting on top of a large base. Noticeable increase in volume.OBV remarkably healthy. All other indicators bullish.ST target 0.011/0.012.MC $15m....Cash $2.4m. Spotted by: 3500
Tested 1st road block at 0.029 with the heaviest volume in its history. Volume is expanding significantly.OBV at its highest point ever. A close above 0.03 is a clear buy signal with a target of 0.06. Spotted by: 3500
TTE's chart has been falling all year, it seems to have levelled out and has found it's base at around .007 where accumulation has been taking place. With spec stocks recovering its losses of late, I expect TTE to turn to the upside soon, as this accumulation phase is almost over IMO. Spotted by: Bcsiles
Using the 10 day moving avg, ALK is currently trading midway between its support and resistance. Showing some tendency to trade higher [possible momentum change]. I think plenty of people have ALK on a watchlist with no particular reason to buy just yet but will probably start buying if the price starts to move. Short term price target of 43 cents. If the stock trades higher than 44.5 cents before the ann the next significant resistance is 75 cents ... so mid 50 cents seems gettable. [possibly a 4 to 6 week trade] Spotted by: Dazedandconfused
TA wise....broken LT downtrend in May with back tests in July and August. Precious little distribution and a nice consolidation pattern. Recent back test met with buying under thirty cents. Gap at 34c and forty cents would loom fast. Spotted by: J8
Strong base has been formed at 3c after a CR/SPP that finished last week. The stock retraced from a 4c high in August to current levels based on the news. Previously, the stock rose approx 30% on hcss news last year, and a similar result can be expected with more testing. Spotted by: Ricdan1985
