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Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

Bulls Still In Driver's Seat, But For How Long? Continued encouraging COVID-19 news and accommodative moves by the Fed have allowed the bulls to remain in control while short-term support on the S&P 500 held near 2,450. While the bulls remain in control in the short-term, we continue to believe the broad equity market is not yet out of the woods and remains vulnerable -- particularly as Wall Street sentiment has flipped bullish. · Sector Relative Strength Rankings & Weighting Recommen...

1 director bought

A director at Metair Investments Limited bought 541,065 shares at 24.249ZAR and the significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two...

Mpho Mokotso
  • Mpho Mokotso

Industrials | MTA, MPT, SPG, HDC, GSH, GND | Earnings Update_Small to ...

During Q1'19, SA Industrials index declined by 3.9% yoy and were among the worst performing sectors on the Johannesburg Stock Exchange (JSE). The poor performance is an extension of last year's 17.5% yoy decline. The lack of growth opportunities has prompted companies to divest non-core or poor performing assets to strengthen balance sheets, realise shareholder value through divestures (e.g. enX) and resume an ordinary dividend (e.g. GND). In this note, we update our target price and recommend...

Mpho Mokotso
  • Mpho Mokotso

Metair | In need of a strong earnings catalyst

Metair (MTA) released a better than expected set of H1 '18 results as dHEPS grew by 16% h/h to 132cps. Good performance from Automotive Components and Mutlu Akü (the Turkish subsidiary) supported earnings growth despite a 17% TRYZAR devaluation. MTA management must work to restore confidence through improved capital allocation. Further, MTA must increase earnings from the earnings catalysts identified by more than the TRYZAR devaluation. The deep discount MTA currently trades at versus the ...

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...

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