AUSTRALIAN COMPANY NEWS BITES
STOCK REPORT
Transaction Solutions International Limited (ASX:TSN), Australia's 40th largest commercial & professional services company by market capitalisation, closed unchanged at 0.60c. The price is at a discount of 40.0% to the 1-month volume weighted average price of 1.0c, which may appeal as a value proposition. The stock was unchanged for a second day on Monday. Compared with the All Ordinaries Index, which rose 33.3 points (or 0.7%) on the day, this was a relative price change of -0.7%.
RELATIVE VALUATION INDICATORS [RVI] FUNDAMENTALS
Bullish Signals:
Valuation
- The Price to Book of 0.6 is lower than the average of 8.3 for the Commercial & Professional Services sector and 2.7 for the Total Australian Market.
- The company is cash rich with Cash to Market Capitalisation at 59.8%
- Tobin's Q Ratio, defined as MCap divided by Total Assets, is 0.5. Compared with the rest of the market the stock is undervalued.
Bearish Signals:
Valuation
- Price/Sales of 1.2 versus sector average of 1.0 and market average of 1.4.
Description | Value | Rank In Market |
Price to Book Value | 0.6 | In Top Quartile |
RELATIVE VALUATION INDICATORS [RVI] TECHNICALS
- The price soared 20.0% in the last week and 50.0% in the last month.
- Compared with the All Ordinaries Index which rose 4.4% for the month, this represented a relative price increase of 45.6% for the month.
- In the Australian market of 1,248 stocks and 60 units traded today, the stock has a 6-month relative price strength of 70 (it has outperformed 70% of the market).
Beta: The Beta of this stock is 2.8. A Beta greater than 1 suggests this is a high risk, high return stock with volatility greater than that of the market.
Volume: there were 1,338,322 shares worth $7,405 traded. The volume was 0.4 times the average trading of 3.3 million shares.
- The present value of $1,000 (PV$1000) invested one year ago is $600 [vs $1,197 for the All Ordinaries Index], for a capital loss of $400. The total return to shareholders for 1 year is -40.0%.
PV$1000 | 1-week | 1-year |
TSN.ASX | $1,200 | $600 |
Description | Value | Rank In Market |
MCap | US$11 million | In Bottom Quartile |
Stochastic | 100 | Bullish |
Volatility % | 20.0 | In Bottom 3% |
COMPANY ANNOUNCEMENTS
The last 7 company announcements are:
December 03: TSI secures $22 million investment for Indian ATM business
[Company Release]Transactions Solutions International Limited ("TSN") secures commitment from Indian private equity group, CX Partners, to fund and co-develop Indian ATM business.Binding letter of intent signed. Definitive agreements to be negotiated and signed subject to the satisfaction of various conditions.TSN to divest majority interest in its wholly owned subsidiary, TSI India, to CX Partners in return for major investment in two tranches.Subject to shareholder approval and the satisfaction of a commercial milestone, CX Partners will invest a total of 1,217 million rupees (AUD 22.13 million based on AUD 1: 55 INR) to obtain a 75% interest in TSI India.
November 30: Transaction Solutions International trading halt
Transaction Solutions International requested a trading halt effective immediately.
November 30: Transaction Solutions International to be reinstated
Transaction Solutions International to be reinstated on December 03,2012.
October 08: Transaction Solutions International to be reinstated
Transaction Solutions International to be reinstated on October 10,2012.
October 08: Transaction Solutions International trading halt
Transaction Solutions International requested a trading halt effective immediately.
October 08: Transaction Solutions International : Media Speculation
[Company Release] http://www.buysellsignals.net/BuySellSignals/report/Australia/Stock/News/176027.pdf
August 16: TSI Wins 100 ATM Deal With Tamilnad Mercantile Bank
[Company Release]TSI WINS 100 ATM DEAL WITH TAMILNAD MERCANTILE BANK ("TMB") Highlights * New TMB ATM contract - 100 ATM minimum * 9 Year contract terms * 3 rd concurrent agreement signed with Tamilnad Mercantile Bank * TSI retains its position of being the preferred deployer for TMB _____________________________________________________________________ The Directors of Transaction Solutions International Ltd ("TSI") are pleased to announce that TSI India has signed a third, 9 year agreement with Tamilnad Mercantile Bank ("TMB"), one of India's fastest growing banks.
ISIN: AU000000TSN8
AU:TSN; ASX:TSN; AX:TSN;
Source: www.BuySellSignals.com
