NEWS BITES ASIAN MARKETS
Bankard, Inc. (PH:BKD), the 5th largest diversified financial services company by market capitalisation in the Philippines', plummeted 23.0 centavo (or 16.2%) to close at PHP1.19, ending a two-day streak of rises. Compared with the PSEi Index, which rose 108.6 points (or 1.6%) on the day, this was a relative price change of -17.8%. The volume was 46.6 times the average trading of 742,712 shares.
Bearish Signals
Description | Value | Rank In Market |
Volatility % | 27.1 | In Bottom 1% |
Price Change % | -16.2 | In Bottom 1% |
Bullish Signals
- The present value of PHP1,000 (PV1000) invested one year ago is PHP1,434, for a capital gain of PHP434.
PV1000 | 1-week | 1-month | 1-year |
BKD.PH | 1,293 | 1,240 | 1,434 |
PSEi Index | 1,029 | 1,058 | 1,407 |
Fundamental measures by comparison with the sector average [in brackets] indicate Undervaluation:
- Price/Earnings of 15.4 [33.1]. We estimate the shares are trading at a current year P/E of 14.2 and a forward year P/E of 13.1.
- Price to Book of 2 [2.7]. We estimate the shares are trading at a current year Price to Book of 1.7 and a forward year Price to Book of 1.4.
- 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 37.7%.
- Tobin's Q Ratio, defined as MCap divided by Total Assets, is 1.9. Compared with the rest of the market the stock is undervalued.
Description | Value | Rank In Market |
Relative Strength (6M) | 94 | In Top 7% |
Cash to MCap % | 37.7 | In Top 9% |
Earnings Yield % | 6.5 | In Top Quartile |
Return on Assets [ROA] % | 12.1 | In Top Quartile |
Note
Volume: there were 34,605,000 shares worth PHP41.2 million (US$1 million) traded.
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.
- It is at a discount of 20.7% to the 12-month high of PHP1.50 on 08 Mar, 2013. It is also at a premium of 77.6% to the 12-month low of 67.0 centavo on 27 Sep, 2012.
Description | Value | Rank In Market |
MCap | US$44.6 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 appoints Director
Bankard has appointed Chun Bing Uy as a Director. The effective date is January 16, 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
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
