NEWS BITES ASIAN MARKETS
Bankard, Inc. (PH:BKD), the 5th largest diversified financial services company by market capitalisation in the Philippines', extended its gains Thursday, rising an additional 47.0 centavo (or 49.5%) to close at PHP1.42. The shares have soared 50.0 centavo (or 54.3%) over the past two trading days. Compared with the PSEi Index, which fell 110.1 points (or 1.6%) on the day, this was a relative price change of 51.1%.
Bullish Signals
Uptrend
- The stock hit a nineteen-month high.
- The stock rose 49.5%, for a 2-day rise of 54.3%, on high volatility today and expanding price range.
- The stock hit a year-high.
- The stock continues its significant uptrend.
- The stock's relative price strength percentile is rising at 96 for 6 months, 98 for 3 months and 98 for 1 month.
- The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) of 1.01 minus the 26-day EMA of 0.95 is positive 0.06 suggesting a bullish signal. Both EMA prices are rising, another bullish signal.
- The present value of PHP1,000 (PV1000) invested one year ago is PHP1,775, for a capital gain of PHP775.
PV1000 | 1-week | 1-month | 1-year |
BKD.PH | 1,527 | 1,511 | 1,775 |
PSEi Index | 1,001 | 1,041 | 1,395 |
Fundamental measures by comparison with the sector average [in brackets] indicate Undervaluation:
- Price/Earnings of 18.3 [32.9]. We estimate the shares are trading at a current year P/E of 16.9 and a forward year P/E of 15.6.
- Price to Book of 2.4 [2.7]. We estimate the shares are trading at a current year Price to Book of 2 and a forward year Price to Book of 1.7.
- Return on Equity 13.1% [7.2%].
- Return on Assets 12.1% [2.9%].
Other Bullish Signals:
- The company is cash rich with Cash to Market Capitalisation at 31.6%.
Description | Value | Rank In Market |
Price Change % | 49.5 | In Top 2% |
%Prem To Vol Wtd Price | 14.0 | In Top 5% |
Relative Strength (6M) | 96 | In Top 5% |
Cash to MCap % | 31.6 | In Top Quartile |
Price/MAP50 | 1.1 | In Top Quartile |
Earnings Yield % | 5.5 | In Top Quartile |
Return on Assets [ROA] % | 12.1 | In Top Quartile |
Note
Volume: there were 52,878,000 shares worth PHP75.1 million (US$1.8 million) traded. The volume was 87.5 times the average trading of 604,292 shares.
Beta: the Beta of this stock is 0.2. A Beta lower than 1 suggests this is a low risk, low return stock with volatility less than that of the market.
Bearish Signals:
- Tobin's Q Ratio, defined as MCap divided by Total Assets, is 2.2. Compared with the rest of the market the stock is overvalued and ranks in the bottom quartile of stocks by value of Q Ratio.
Description | Value | Rank In Market |
MCap | US$53.2 million | In 3rd Quartile |
COMPANY ANNOUNCEMENTS
The last 7 company announcements are:
January 31: Bankard: Certification on compliance with Manual on Corporate Governance
[News Story] http://www.buysellsignals.net/BuySellSignals/report/Phillipines/Stock/News/9797.pdf Source: Philippines Stock Exchange
January 24: Bankard: Certification on qualifications of independent director
[News Story] http://www.buysellsignals.net/BuySellSignals/report/Phillipines/Stock/News/9581.pdf Source: Philippines Stock Exchange
January 22: Bankard: Initial Statement of Beneficial Ownership of Securities
[News Story] http://www.buysellsignals.net/BuySellSignals/report/Phillipines/Stock/News/9473.pdfFurther to Circular No. 0524-2013 dated January 17, 2013, Bankard, Inc. ("BKD" or the "Company") furnished the Exchange a copy of SEC Form 23-A (Initial Statement of Beneficial Ownership of Securities) of Mr. Chun Bing G.
January 17: Bankard Chief Operating Officer resigns
Bankard Myla Resurreccion Untalan,Chief Operating Officer has resigned. The effective date is January 20, 2013.
January 17: Bankard: Certification on attendance of members of Board of Directors for year 2012
[News Story] http://www.buysellsignals.net/BuySellSignals/report/Phillipines/Stock/News/9300.pdf Source: Philippines Stock Exchange
January 17: Bankard appoints Director
Bankard has appointed Chun Bing Uy as a Director. The effective date is January 16, 2013.
December 31: Bankard: Board approval of proposed 2013 budget
[News Story] http://www.buysellsignals.net/BuySellSignals/report/Phillipines/Stock/News/8720.pdf Source: Philippines Stock Exchange
ISIN: PHY0632B1045
PH:BKD; PS:BKD; PM:BKD;
Source: www.BuySellSignals.com
