AUSTRALIAN COMPANY NEWS BITES
STOCK REPORT
Adslot Ltd (ASX:ADJ), Australia's 27th largest software & services company by market capitalisation, closed unchanged at 2.70c. The price is at a discount of 10.0% to the 1-month volume weighted average price of 3.0c, which may appeal as a value proposition. Compared with the All Ordinaries Index, which fell 30.9 points (or 0.6%) on the day, this was a relative price change of 0.6%.
Bearish Signals
- The present value of $1,000 (PV$1000) invested one year ago is $403, for a capital loss of $597.
PV$1000 | 1-week | 1-month | 1-year |
ADJ.ASX | 900 | 818 | 403 |
All Ordinaries Index | 996 | 1,017 | 1,237 |
Fundamental measures by comparison with the sector average [in brackets] indicate Overvaluation:
- Price/Sales of 3.6 [2.2].
Description | Value | Rank In Market |
Price/MAP50 | 0.72 | In Bottom Quartile |
Price/MAP200 | 0.66 | In Bottom Quartile |
Relative Strength (6M) | 8 | In Bottom 7% |
Bullish Signals
- Tobin's Q Ratio, defined as MCap divided by Total Assets, is 0.8. Compared with the rest of the market the stock is undervalued.
Note
Volume: there were 368,108 shares worth $9,939 traded. The volume was 0.5 times the average trading of 680,031 shares.
Beta: the Beta of this stock is 2.2. A Beta greater than 1 suggests this is a high risk, high return stock with volatility greater than that of the market.
- It is at a discount of 62.0% to the 12-month high of 7.10c on 15 Mar, 2012. It is also at a premium of 12.5% to the 12-month low of 2.40c on 19 Feb, 2013.
Description | Value | Rank In Market |
MCap | US$19.6 million | In 3rd Quartile |
COMPANY ANNOUNCEMENTS
The last 7 company announcements are:
February 28: Adslot director buys; shares at six-day high
Adslot (ADJ.AU) director Andrew Barlow bought 1,100,000 shares worth approximately $27,500 on February 27, 2013. Andrew Barlow previously held 648,102 shares and now holds 1,748,102 shares. The purchase price was 2.0c. The shares hit six-day high on the day.
February 26: Adslot: Half Yearly Report and Accounts
[Company Release] http://www.buysellsignals.net/BuySellSignals/report/Australia/Stock/News/204204.pdf
February 04: Adslot: Lapse of Options
[Company Release]Lapse of OptionsAdslot Ltd advises of the lapse of the following options:43,200,000 options exercisable by 31 January 2013 at 5.3 cents; and5,880,000 options exercisable by 31 January 2013 at 5.6 cents.
December 27: Adslot substantial shareholder buys
Adslot (ADJ.AU) substantial shareholder Venturian Pty Ltd bought 1,000,000 shares worth $40,000 on December 20, 2012. Venturian Pty Ltd previously held 60,703,769 shares and now holds 61,703,769 shares. The purchase price was 4.0c.
December 20: Adslot: Market Update
[Company Release] http://www.buysellsignals.net/BuySellSignals/report/Australia/Stock/News/193404.pdf
December 07: Webfirm Group Limited changes name and code to Adslot Ltd(ADJ)
Webfirm Group Limited has changed its name to Adslot Ltd. It has also changed its code to ADJ. The effective date is December 07, 2012.
November 28: Webfirm Group increases issued capital by 0.7%
Webfirm Group (WFM.AU) has announced an increase of 4,775,757 shares (or 0.7%) in total share on issue from 698,965,530 to 703,741,287. The effective date is 27 Nov, 2012.
ISIN: AU000000WFM1
AU:ADJ; ASX:ADJ; AX:ADJ;
Source: www.BuySellSignals.com
