NEWS BITES ASIAN MARKETS
Timah (Persero) Tbk (IDX:TINS), Indonesia's 11th largest mining company by market capitalisation, lifted IDR30.0 (or 2.0%) in the trailing week to close at IDR1,500.0. The volume was 2 times average weekly trading of 31.2 million shares. Compared with the Jakarta Islamic Index which rose 17.0 points (or 2.6%) in the week, this represented a relative price change of -0.6%. In the past week the market capitalisation has lifted IDR151 billion.
LONG-TERM RATING (FUNDAMENTALS)
The company paid a dividend of IDR89.0 in the last twelve months. The dividend yield is high at 5.9%.
Price/Earnings | 8.4x |
Price/Sales | 0.9x |
% Prem to Low | 22 |
Earning Yield % | 11.9 |
Price/NTA | 1.7x |
Yield % | 5.9 |
% Disc to High | 22.7 |
SHORT-TERM RATING (TECHNICAL)
Significantly its price of IDR1,500.0 is at a premium of 2% to its 200-day moving average price of IDR1,468.18. Its 52-week range has been IDR1,940.0 to IDR1,230.0; it is trading at a discount of 22.7% to its 52-week high and a premium of 22% to its 52-week low. IDR1,000 invested a week ago is now worth IDR1,020 of which IDR20 is a capital gain.
Recommended stop loss: IDR1,387.50
1-week price change (%) | 2.04 |
Present Value IDR1000 (1 year) | 843 |
Relative Strength (6M) | 53.8 |
P/EMAP50 | 0.96 |
1-month price change (%) | -9.6 |
RELATIVE VALUATION INDICATORS - RVI - FUNDAMENTAL ANALYSIS
The stock meets the following value criteria set by Benjamin Graham:
-"Current ratio of two or more"; current assets are 3.26 times current liabilities.
RELATIVE VALUATION INDICATORS - RVI - TECHNICAL ANALYSIS
Bullish Signals:- The price lifted 2.0% in the last week.
- This has been propped up by firm volume of 1.6 times average for the week.
Bearish Signals:
- The price tumbled 9.6% in the last month.
- In the Indonesian market of 316 stocks traded today, the stock has a 6-month relative strength of 54 which means it has outperformed 54% of the market.
- The price to 50-day EMAP ratio is 0.96. In the past 50 days this ratio has been under 0.96 just nine times suggesting a support level. The 50-day EMAP has decreased to IDR1,557.60. A decrease is another bearish indicator.
SHAREHOLDER RETURNS
Trailing five weeks: the stock fell fourteen times (54% of the time), rose six times (23% of the time) and was unchanged five times (19% of the time). The volume was 0.9 times average trading of 162,449,872 shares. The value of IDR1,000 invested five weeks ago is IDR920 [vs IDR1,103 for the Jakarta Islamic Index] for a capital loss of IDR80.
Trailing thirteen weeks: the stock fell twenty six times (43% of the time), rose twenty six times (43% of the time) and was unchanged eight times (13% of the time). The volume was 0.9 times average trading of 381,132,392 shares. The value of IDR1,000 invested thirteen weeks ago is IDR974 [vs IDR1,136 for the Jakarta Islamic Index] for a capital loss of IDR26.
Trailing Two Years: the value of IDR1,000 invested two years ago is IDR608 [vs IDR1,302 for the Jakarta Islamic Index], including a capital loss of IDR450 and dividend reinvested of IDR57.
PRICE VOLUME DYNAMICS
Volatility: the stock traded between an intraweek low of IDR1,420.0 and a high of IDR1,540.0.
Relativities: in the Indonesian market of 316 stocks traded today, the stock has a trailing week relative strength of 52.6 indicating it is outperformed 52.6% of the market.
