Nice little report - good to see that connection with asian partners is identified, i.e Director, Tan Sri Ibrahim Menudin
13 May, 2008 (16:00:00 AEST)
Hudson Resources (HRS) soared 4.50c (or 37.5%) to 16.50c, its largest rise of the last twelve months. The rise is the largest in percent terms since it soared 3.0c (or 28.6%) on May 14, 2007. Compared with the All Ordinaries Index which fell 10.9 points (or 0.2%) on the day, this represented a relative price change of 37.7%.
PRICE VOLUME DYNAMICS
Volatility: The stock traded between an intraday low of 13.0c and four-month high of 16.50c. This suggests a trading opportunity between peaks and troughs.
Relativities: Since open its percentile rank in the Australian market was 100. In the Australian market of 2,084 stocks, the stock has a 6-month relative strength of 92 which means it is beating 92% of the market. A price rise combined with a high relative strength is a bullish signal.
Volume and Turnover Period: There were 246,250 shares worth $35,756 traded. The volume was 4.5 times average trading of 54,159 shares. The turnover rate in the 12 months to date was 13.7% (or a turnover period of 7 years 3 months). This average length of ownership of the stock at 6.8 times the average holding period of 1 year 25 days for stocks in the S&P/ASX 200 Index suggests a larger number of core investors, making a long-term investment safer.
% Disc to High and % Prem to Low: The last price is at a discount of 8.3% to the 12-month high of 18.0c and a premium of 106.2% to the 12-month low of 8.0c.
Volume Weighted Price (VWP): The price is at a premium of 52.1% to the 1-month volume weighted average price of 10.85c.
Beta is 0.6.
PRICE PERFORMANCE RANK IN INDEX AND SECTORS
The stock is in 1 index and 4 sectors.
The stock's rise of 37.5% was in keeping with the trend set by the Total Australian Market -x- All Ordinaries Sector (rank 4;89 out of 1281) which was up 8.7 points or 0.1% to 6,118.4
The stock's rise went against the trend set by the following index and sectors (rank by percentage price change of stock for 1 day;6 months in sector/index in brackets):
S&P/ASX 200 Materials Index (rank 3;54 out of 467) which was down 277.7 points or 1.7% to 16,291.1,
Diversified Metals & Mining Sector (rank 2;14 out of 142) which was down 176.0 points or 1.6% to 11,021.0,
Mining & Oil Sector (rank 3;77 out of 571) which was down 67.4 points or 0.6% to 10,546.3
SHAREHOLDER RETURNS
Trailing One Week: The stock rose three times (60% of the time) and was untraded twice (40% of the time). The volume was 3.6 times average trading of 270,795 shares.
Trailing One Month: The stock was untraded twelve times (57% of the time), rose four times (19% of the time), was unchanged three times (14% of the time) and fell twice (10% of the time). The volume was 2.6 times average trading of 1,191,498 shares. The value of $1,000 invested a month ago is $1,650 [vs $1,070 for the All Ordinaries Index], for a capital gain of $650.
Trailing One Year: The value of $1,000 invested one year ago is $1,222 [vs $961 for the All Ordinaries Index], for a capital gain of $222. The total return to shareholders for 1 year is 22.2%.
Trailing Five Years: The value of $1,000 invested five years ago is $3,000, for a capital gain of $2,000.
FINANCIALS
Annual Report for the year ended December 31, 2007 (year-on-year comparisons with previous corresponding period)-
Favourable Changes: total debt to net tangible assets down from 10.5% to 4.6%; debt to equity down 56.55% to 0.05; total liabilities to total assets down 50.01% to 0.2; current ratio up 87.72% to 3.4; NTA per share up 6.34% to $A0.0 (2.6c).
Unfavourable Changes: total revenue down 47.66% to $A2.1m ($US1.8m); loss of $A1.0m ($US895,696); operating cash flow is negative; total number of shares outstanding up 3.07% to 100,785,822.
Major Common Size Ratios: total current assets to total assets down from 42.79% to 20.46%; cash to total assets up from 4.98% to 5.95%; current debtors to total assets down from 13.89% to 0.43%; cost of goods sold to revenues down from 65.24% to 57.29%; sales and marketing expenses to revenues up from 24.18% to 33.78%; Administration expenses to Revenues down from 21.2% to 4.8%; profit after tax to revenues down from -5.83% to -49.33%; profit before tax to revenues down from -5.83% to -49.33%.
FUNDAMENTALS
P/S: The price/sales ratio is 8.0.
Price to Cash: The price to cash backing per share is 5.4.
ISSUED CAPITAL
Based on 100,785,822 issued shares the market capitalisation is $17 million.
ACTIVITIES
Mining, processing and marketing of the industrial mineral, attapulgite which is used for horticultural, domestic and industrial applications.
TOP MANAGEMENT
The Director is Tan Sri Ibrahim Menudin
BUSINESS NEWS ROUND UP
The last 5 snippets from News Bites were:
May 06: Hudson director buys on-market
Hudson Resources director Vincent Tan indirectly bought 131,275 shares worth $12,471 on-market on May 5, 2008.He indirectly holds 55,806,750 shares.
May 04: Hudson Resources directors buy 150k shares
Hudson Resources Ltd director Vincent Tan indirectly bought 51,100 shares worth $4,906 on-market on April 29, 2008.Mr.Tan indirectly holds 155,625,475 shares.Director Peter Meers indirectly bought 51,100 shares worth $4,906 on-market on April 29, 2008.Mr.Meers indirectly holds 44,209,993 shares.Director John Farey indirectly bought 51,100 shares worth $4,906 on-market on April 29, 2008.Mr.Farey indirectly holds 44,401,441 shares.
April 24: Hudson Resources to buy back 5m shares
Hudson Resources Ltd plans to buy back of 5,000,000 shares on-market between May 14, 2008 and July 14 to enhance shareholder value.Commonwealth Securities Ltd will act as broker.
April 15: Hudson Resources director buys 265k shares
Hudson Resources Ltd director Vincent Tan indirectly bought 265,000 shares worth $25,239 on-market on April 14, 2008.Mr.Tan indirectly holds 55,574,375 shares.
April 11: Hudson Resources director buys 73.9k shares
Hudson Resources Ltd director Vincent Tan indirectly bought 73,900 shares worth $7,268 on-market on April 10. He holds 55,309,375 shares.
Nice little report - good to see that connection with asian...
Add to My Watchlist
What is My Watchlist?