Daily Equity Report |
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Welcome to the Sharenet Daily Equity Report
Issue: 11 February 2011 20:00
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Mirror, mirror on the wall - who is the fairest of them all?Well as far as the JSE is concerned this depends, but a big chunk of our subscribers hunt down reasonably valued income shares with fevour and such companies that have consistantly grown dividends for at least 5-10 years and are currently going at a discount to their recent highs are always a favourite. Our reporting system shows this screen is run the first thing every morning by 80% of our subscriber base, and just after a correction, or when we have issued some general market buy signals, the screen reaches fever pitch. This is what our subscribers would have seen yesterday...
The "HI" column shows discount to more recent highs. You can see some juicy numbers here like GRF down 21.5% and LEW down 13%. The "PVM" shows the PowerStocks Valuation metric which is a combination of the shares' P/E, Price/Book and Price/Sales numbers to derive a feeling for if the share is undervalued or overvalued. None of the shares above are overvalued and in fact GRF and TPC are undervalued. The historic dividend yields are not too shabby, with the average for the above group at 4.61% ("Yield" column.) Remember, these shares have not only demonstrated at least 5 years of consistanet dividend payments, but consistant dividend growth. So the 4.61% has a high degree of confidence. In fact the above group have consistantly grown dividends an average of 24.3% compound per annum!
In addition our research shows that those baskets of shares that have consistantly increased dividends for at least the last 5 years (10 reporting periods) comprehensively out-perform the general market from BOTH a capital gains and income perspective. (If you would like a sample of such research, then email us.)
The green encircled ticks in the "V" column are alerts that certain counters are displaying strong trough-reversal characteristics - an invitation to try your luck. The others may still have some downward momentum.
If this style of investing and trading appeals to you, come and see our 6-hour training and live tutorial in the Sharenet nationwide seminars or alternatively read more on our page on Sharenet.
Dwaine van Vuuren
PowerStocks Equities Research
www.powerstocks.co.za
Fri, 11 Feb 2011
South African blue-chip stocks ended a four-day losing streak on Friday, edging towards 2-1/2-year highs as commodity shares rallied, but corporate selling drove the rand to fresh five month lows on the dollar. Full story |
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Shares of Gold Reef surged more than 8 percent after South African antitrust watchdog ruled the casino group would not have to sell a major asset to win approval for a $2.2 billion merger. Full storySouth Africa's rand extended losses against the dollar on Friday, touching fresh near-six month lows as escalating political turmoil in Egypt fanned a new wave of risk aversion globally. Full storySouth African President
Jacob Zuma called on the government and private sector to create
jobs, setting aside billions of dollars to create work in
Africa's largest economy, hard-hit by chronic unemployment. Full story |
De Beers, the world's largest diamond producer, returned to a profit in 2010 as production rose 34 percent and diamond prices. . . Full story | South Africa's rand fell to a one-week low against the dollar on Friday due to continued central bank dollar-buying although traders. . . Full story | South Africa's rand fell more than 1.0 percent against the dollar on Thursday, hit by worse-than-expected local manufacturing data and tracking. . . Full story | Anglo American's thermal coal unit is keen to expand its operations in South Africa and beyond, but is waiting for price. . . Full story |
Trading Statistics
Date | Adv. | Decl. | Unch. | Actives | Volume | Value | Trades | Orders |
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11/02/2011 | 213 | 138 | 78 | 429 | 349,020,176 | R15,095,429,423 | 115325 | 2424780 | 10/02/2011 | 118 | 217 | 92 | 427 | 360,218,925 | R17,171,176,039 | 138620 | 2389912 | 09/02/2011 | 144 | 194 | 85 | 423 | 311,874,190 | R14,978,748,530 | 129431 | 2258278 | 08/02/2011 | 163 | 182 | 78 | 423 | 344,019,210 | R18,948,931,141 | 111610 | 2314393 | 07/02/2011 | 143 | 193 | 84 | 420 | 280,494,380 | R15,680,067,051 | 101137 | 2227435 |
Spot Prices Name | Time | RP | Move | % Move | JSE Overall | 17:00 | 32954.33 | 544.85 | 1.68% | JSE Top 40 | 17:00 | 29813.43 | 565.92 | 1.93% | JSE Gold | 17:00 | 2644.32 | 43.53 | 1.67% | JSE Financial | 17:00 | 21443.34 | 247.80 | 1.17% | JSE Industrial | 17:00 | 31989.02 | 453.84 | 1.44% | JSE Indust 25 | 17:00 | 26739.59 | 446.03 | 1.70% | JSE Resource | 17:00 | 60868.48 | 1272.69 | 2.14% | DJ Futures | 20:00 | 12210.00 | 16.00 | 0.13% | DJ Ind | 19:15 | 12226.98 | -2.31 | -0.02% | SP 500 | 19:46 | 1325.79 | 3.92 | 0.30% | Nasdaq | 19:46 | 2799.87 | 9.42 | 0.34% | FTSE 100 | 18:35 | 6062.90 | 42.89 | 0.71% | DAX | 19:00 | 7371.20 | 30.92 | 0.42% | CAC40 | 18:46 | 4101.31 | 6.17 | 0.15% | Nikkei | 10/02 | 10605.65 | -12.18 | -0.11% | Shanghai | 09:26 | 2827.77 | 8.71 | 0.31% | Hang-Seng | 10:42 | 22828.92 | 120.30 | 0.53% | All Ords | 07:36 | 4970.60 | -31.10 | -0.62% | NZSE 50 | 06:26 | 3367.44 | 1.57 | 0.05% |
| | Name | Time | RP | Move | % Move | Gold | 19:59 | 1355.95 | -6.14 | -0.45% | Gold/Rand | 20:00 | 9887.86 | -23.19 | -0.23% | Gold/R kg | 20:00 | 317895 | 1599 | 0.51% | Silver | 19:59 | 29.8300 | -.3300 | -1.09% | Platinum | 19:59 | 1807.00 | -15.05 | -0.83% | Palladium | 19:59 | 812.00 | -2.30 | -0.28% | R157 | 16:06 | 7.84 | .01 | 0.13% | R204 | 16:06 | 8.44 | .01 | 0.12% | Brent Crude | 19:56 | 100.06 | -1.06 | -1.05% | Rand / Dollar | 19:59 | 7.2922 | 0.0222 | 0.31% | Rand / Pound | 19:55 | 11.6393 | -0.0333 | -0.29% | Rand / Euro | 19:55 | 9.8600 | -0.0311 | -0.31% | Rand / NZD | 19:58 | 5.5347 | 0.0049 | 0.09% | Rand / AUD | 19:55 | 7.2938 | 0.0046 | 0.06% | Yen / Dollar | 19:59 | 83.5200 | 0.2100 | 0.25% | Euro / Dollar | 19:55 | 0.7393 | 0.0042 | 0.57% | Dollar / Euro | 19:54 | 1.3520 | -0.0078 | -0.57% | Pound / Dollar | 19:55 | 0.6247 | 0.0036 | 0.58% |
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Click here for the Sharenet Spot Price page
Index Summary Index Name | RP | Move | % Move | Top 40 | 29,813.43 | 565.92 | 1.93% | Industrial | 31,989.02 | 453.84 | 1.44% | Mid Cap | 41,127.34 | 112.36 | 0.27% | Small Cap | 32,298.33 | -83.23 | -0.26% | Resource 20 | 60,868.48 | 1272.69 | 2.14% | Industrial 25 | 26,739.59 | 446.03 | 1.70% | Financial 15 | 8,135.90 | 120.41 | 1.50% | Financial & Ind. 30 | 30,099.91 | 508.88 | 1.72% | All Share | 32,954.33 | 544.85 | 1.68% | Oil & Gas | 28,992.99 | 960.18 | 3.43% | Mining | 40,088.76 | 767.01 | 1.95% | Gold Mining | 2,644.32 | 43.53 | 1.67% | Platinum Mining | 82.55 | 2.55 | 3.19% | Oil & Gas Producers | 15,588.99 | 516.27 | 3.43% | Basic Materials | 33,608.29 | 622.66 | 1.89% | Chemicals | 13,491.45 | -12.56 | -0.09% | Forestry & Paper | 14,151.26 | 144.55 | 1.03% | Industrial Metals | 30,272.71 | 484.81 | 1.63% | Industrials | 28,556.62 | 232.69 | 0.82% | General Industrials | 78,242.72 | 1071.86 | 1.39% | Consumer Goods | 27,062.98 | 380.49 | 1.43% | Automobiles & Parts | 2,830.57 | .00 | 0.00% | Household Goods | 158.88 | 3 | 2.00% | Health Care | 31,466.28 | 25.79 | 0.08% | Beverages | 84,575.45 | 2050.31 | 2.48% | Food Producers | 47,699.33 | 94.35 | 0.20% |
| | Index Name | RP | Move | % Move | Personal Goods | 417.08 | 1.20 | 0.29% | Consumer Services | 51,771.03 | 925.37 | 1.82% | General Retailers | 37,161.51 | 369.58 | 1.00% | Travel & Leisure | 4,020.75 | 13.19 | 0.33% | Media | 87,341.73 | 2185.66 | 2.57% | Support Services | 2,520.24 | -25.23 | -0.99% | Telecommunications | 61,637.00 | 1250.61 | 2.07% | Financials | 21,443.34 | 247.80 | 1.17% | Banks | 39,968.23 | 1007.31 | 2.59% | Non-life Insurance | 30,490.81 | -63.05 | -0.21% | Life Insurance | 16,166.25 | 72.37 | 0.45% | General Financial | 2,300.95 | -10.95 | -0.47% | Technology | 21,065.05 | 179.02 | 0.86% | SHARIAH TOP40 | 3,405.74 | 70 | 2.10% | FTSE/JSE SHARIAH ALL | 3,452.07 | 66 | 1.95% | COAL MINING | 22,185.11 | 622 | 2.88% | FTSE JSE Fledgling | 4,648.24 | -4 | -0.08% | FTSE/JSE Alt X | 1,105.61 | 2 | 0.16% | SA LISTED PROPERTY | 362.83 | | -0.20% | CAPPED PROPERTY | 304.57 | | -0.19% | RESOURCE | 33,488.07 | 700 | 2.14% | DIVIDEND PLUS | 166.91 | 1 | 0.60% | FTSE/JSE RAFI 40 | 6,899.12 | 119 | 1.75% | Capped Top 40 | 15,406.82 | 299 | 1.98% | Capped All Share | 16,525.32 | 277 | 1.71% |
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Click here for the Sharenet Index Summary page
Latest Consensus Changes** Code | Company Name | Status | Updated | ACL | ARCELORMITTAL SA LTD | SELL | 09 Feb | AMS | ANGLO AMERICAN PLATINUM C... | HOLD | 08 Feb | ATN | ALLIED ELECTRONICS CORPOR... | BUY | 08 Feb | JDG | JD GROUP LIMITED | HOLD | 08 Feb | LEW | LEWIS GROUP LIMITED | BUY | 08 Feb |
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Results Expected** Expected | Company Name | Fin. Date | 14 Feb 2011 | GROUP 5 | December 2010 (Interim) | 15 Feb 2011 | CLIENTELE | December 2010 (Interim) | 15 Feb 2011 | HULAMIN | December 2010 (Final) | 15 Feb 2011 | HULAMINA | December 2010 (Final) | 15 Feb 2011 | HULAMINB | December 2010 (Final) |
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Recent Dividends** Share Name | Dec-Date | LDT | Pay-Date | Amount | FIRSTRANDB-P | 11-02-03 | 11-02-18 | 11-02-28 | R 3.1355 | CAPITAL | 11-02-03 | 11-02-18 | 11-02-28 | R 0.3178 | REDEFINE | 11-02-02 | 11-02-18 | 11-02-28 | R 0.1500 | HUDACO | 11-01-28 | 11-03-04 | 11-03-14 | R 2.3500 | CBH | 11-01-27 | 11-05-06 | 11-05-16 | R 0.1110 |
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Ex Div** Share Name | Dec-Date | LDT | Pay-Date | Amount | FOORDCMPS | 11-01-20 | 11-02-04 | 11-02-14 | R 0.5385 | WINHOLD | 10-11-29 | 11-02-11 | 11-02-21 | R 0.1000 | UCS | 10-11-23 | 11-02-04 | 11-02-14 | R 0.0500 | TREMATON | 10-11-09 | 11-02-11 | 11-02-21 | R 0.0150 |
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Upcoming AGMs** Code | Company Name | Date | Status | AND | Andulela Investment Holdings Ltd | 11/02/2011 | Unconfirmed | SKY | Sea Kay Holdings Ltd | 11/02/2011 | Confirmed | ANDP | Andulela Investment Holdings Ltd | 11/02/2011 | Unconfirmed | SPP | The SPAR Group Ltd | 14/02/2011 | Confirmed | TBS | Tiger Brands Ltd | 15/02/2011 | Confirmed |
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