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Buy Cambian Group #CMBN says VectorVest. The commercial backdrop offers considerable investment potential.
Cambian Group (CMBN.L) is one of the UK’s leading children’s specialist education and behavioural health service providers. Founded in 2004, it has grown to become a significant partner to the UK public sector. The Group’s services have a specific focus on children who present high severity needs with challenging behaviours and complex care requirements. CMBN looks after 2,000 children and employs over 4,300 people across a portfolio of 224 residential facilities, specialist schools and fostering offices located in England and Wales.
Examine this trading opportunity and a host of other similar stocks. A single payment of £5.95 gives access to the VectorVest Risk Free 30-day trial. More here
On January 30th 2018, CMBN published a trading update, for the year ending December 31st 2017. Underlying trading for the year was in line with Board expectations, while net cash at year-end was approximately £82m ahead of Board expectations. As a result CMBN declared a further special dividend of 8.2 pence per share, equating to a further £15m return of capital to shareholders following the £50m return of capital completed in Sept 2017. CEO Saleem Asaria commented; “After a period of significant change at Cambian we are pleased to have the opportunity to outline the medium and long-term value creation opportunities that our business presents to our investors. Cambian has the potential to add capacity and create growth in the coming years and in so doing build a platform across the UK that offers the highest standards of integrated care to our children. We believe we can achieve life-changing results for the children who are entrusted to us and at the same time continue to create value for our investors.”
The solid earnings growth and strong cash position had been identified by VectorVest stock analysis metrics as far back as November 2017 when the share was revalued upwards. At present the stock continues to score highly across all key VectorVest metrics. The GRT (Earnings Growth Rate) metric logs a forecasted GRT of 27%, which VectorVest considers to be excellent. Added to this, CMBN scores an excellent RT (Relative Timing) rating of 1.43, (scale of 0.00 to 2.00). VectorVest now values CMBN at 239p, marking the stock out as undervalued at the current 198p. However the safety of the Earnings as measured by the VectorVest metric RS is low which means the opportunity in Cambian is only suitable for those investors who can manage risk and understand position sizing techniques.
The chart of CMBN is shown above where the green line study plots the VectorVest valuation of the share which has risen strongly over the past 6 months. Technically the share has broken upwards from an inverted “head and shoulders” pattern which is a bullish sign. The technical target from the reversal “head and shoulders” pattern is similar to the VectorVest valuation.
Summary: An investment into CMBN also provides investors with an opportunity to invest into children’s specialist education and behavioural health – a worthwhile endeavour by any standards. Added to this, the CMBN board demonstrate prudent financial management, which in the words of the CEO offer “medium and long-term value creation opportunities. As such, VectorVest believes the commercial backdrop offers investors considerable investment potential. Buy.
Dr David Paul
February 21st 2018
Readers can examine trading opportunities on CMBN and a host of other similar stocks for a single payment of £5.95. This gives access to the VectorVest Risk Free 30-day trial, where members enjoy unlimited access to VectorVest UK & U.S., plus VectorVest University for on-demand strategies and training. Link here to view.
FREE! For free VectorVest analysis on any stock, go to this link here
VectorVest Unisearch
On VectorVest a simple search using the Unisearch tool will quickly find shares that are undervalued with good fundamentals that have just issued a Buy recommendation. This will give the active trader a short list of many high probability trading opportunities each week. Traders now have the opportunity to spend five weeks discovering VectorVest’s unique simplicity, automation and independent guidance. Just £5.95 buys a 5 week trial to enable deep exploration, or how the system can assist in smarter trading in as little as 10 minutes a day. Powerful tools. Proven strategies. Unique Perspectives.
Link here for more info and to set up a trial.
European Financial Publishing Limited T/A VectorVest UK (VectorVest) is authorised and regulated by the Financial Conduct Authority under register number 543038. You should remember that the value of investments and the income derived therefrom may fall as well as rise and you may not get back the amount that you invest. Past performance is not a reliable guide to the future. This material is directed only at persons in the UK and is not an offer or invitation to buy or sell securities. If investors are in any doubt of the suitability of an investment given their individual circumstances, they are recommended to contact an investment manager or independent financial adviser who may be able to provide tailored advice. Opinions expressed whether in general or both on the performance of individual securities and in a wider economic context represent the views of VectorVest at the time of preparation. They are subject to change and should not be interpreted as investment advice. VectorVest and connected companies, clients, directors, employees and other associates, may have a position in any security, or related financial instrument, issued by a company or organisation mentioned on this site. European Financial Publishing Limited is a company incorporated in Scotland under Company Number SC357322 with its registered address at Exchange Tower, 19 Canning Street, Edinburgh EH3 8EH. Email: support@VectorVest.com
Buy KAZ Minerals #KAZ says VectorVest. Current valuation gap adds up to a compelling investment opportunity.
UK-based KAZ Minerals Plc (KAZ.L) is a high growth copper company focused on large scale, low cost, open pit mining in Kazakhstan. It operates the Bozshakol and Aktogay open pit copper mines in the Pavlodar and East Region of Kazakhstan, three underground mines and associated concentrators in the East Region of Kazakhstan and the Bozymchak copper-gold mine in Kyrgyzstan. In 2017, total copper production was 259 kt with by-products of 58 kt of zinc in concentrate, 179 koz of gold and 3,506 koz of silver. KAZ is listed on the London Stock Exchange, the Kazakhstan Stock Exchange and the Hong Kong Stock Exchange and employs around 13,000 people, principally in Kazakhstan.
Examine this trading opportunity and a host of other similar stocks. A single payment of £5.95 gives access to the VectorVest Risk Free 30-day trial. More here
On January 25th 2018 KAZ announced that FY copper production had increased by 80% to 259 kt, at top of February 2017 FY guidance (225-260 kt) and in line with updated range (250-270 kt). KAZ said that FY gold production of 179 koz was also at the upper end of guidance range (160-180 koz). CEO Andrew Southam added that the performance of the two recently commissioned mines at Bozshakol and Aktogay “has delivered an 80% increase in annual copper output into a tightening market and gold production at the top of our guidance range.”
The pace of production growth at KAZ has been well documented by VectorVest metrics over the past year, plus I have discussed the investment opportunity on numerous Core Finance interviews. The GRT (Earnings Growth Rate) metric flagged up the potential in a year ago, when the shares were trading around 440p. Now at trading at 788p, KAZ still retains a forecasted GRT of 42%, which VectorVest considers to be excellent. Traders should note that the RS (Relative Safety) metric records a fair rating of 0.93 on a scale of 0.00 to 2.00, meaning the stock is not without risk, but regardless the stock remains considerably undervalued at 788p against a current VectorVest valuation of 1516p per share.
The chart of KAZ.L is shown above in my normal format. The blue line study in the window below the price shows earnings per share (EPS) growing strongly over the last year. KAZ.L retreated with the recent worldwide selloff. Fibonacci analysts will notice that both the share and the copper price have found support at an important FIB level.
Summary: VectorVest have always maintained the view that mining and resource stocks are for more adventurous investors, but in the case of KAZ the sheer size of the valuation gap (788p-1516p) marks the stock out as a compelling buy. This argument is also backed by steadily improving commodity prices, fuelled as ever by the relentless demand from emerging economies.
Dr David Paul
February 13th 2018
Readers can examine trading opportunities on KAZ and a host of other similar stocks for a single payment of £5.95. This gives access to the VectorVest Risk Free 30-day trial, where members enjoy unlimited access to VectorVest UK & U.S., plus VectorVest University for on-demand strategies and training. Link here to view.
FREE! For free VectorVest analysis on any stock, go to this link here
VectorVest Unisearch
On VectorVest a simple search using the Unisearch tool will quickly find shares that are undervalued with good fundamentals that have just issued a Buy recommendation. This will give the active trader a short list of many high probability trading opportunities each week. Traders now have the opportunity to spend five weeks discovering VectorVest’s unique simplicity, automation and independent guidance. Just £5.95 buys a 5 week trial to enable deep exploration, or how the system can assist in smarter trading in as little as 10 minutes a day. Powerful tools. Proven strategies. Unique Perspectives.
Link here for more info and to set up a trial.
European Financial Publishing Limited T/A VectorVest UK (VectorVest) is authorised and regulated by the Financial Conduct Authority under register number 543038. You should remember that the value of investments and the income derived therefrom may fall as well as rise and you may not get back the amount that you invest. Past performance is not a reliable guide to the future. This material is directed only at persons in the UK and is not an offer or invitation to buy or sell securities. If investors are in any doubt of the suitability of an investment given their individual circumstances, they are recommended to contact an investment manager or independent financial adviser who may be able to provide tailored advice. Opinions expressed whether in general or both on the performance of individual securities and in a wider economic context represent the views of VectorVest at the time of preparation. They are subject to change and should not be interpreted as investment advice. VectorVest and connected companies, clients, directors, employees and other associates, may have a position in any security, or related financial instrument, issued by a company or organisation mentioned on this site. European Financial Publishing Limited is a company incorporated in Scotland under Company Number SC357322 with its registered address at Exchange Tower, 19 Canning Street, Edinburgh EH3 8EH. Email: support@VectorVest.com
Reiterate Buy Eland Oil & Gas #ELA say VectorVest. The timing is once again right to buy into this fast growing oil and gas company
UK-based Eland Oil & Gas PLC (ELA.L) is an independent oil and gas company focused on building and developing a portfolio of producing upstream oil and gas assets in West Africa, primarily in the Niger Delta region of Nigeria. Its core assets are the OML 40 license and the Ubima field, both onshore Nigeria. The OML 40 license is situated within the Niger Delta, approximately 75 kilometers northwest of Warri and covers an area of over 500 square kilometers. The environment in OML 40 consists of shoreline and coastal mangrove swamps. The OML 40 license includes Opuama, Gbetiokun, Polobo, Abiala and Amobe. Primary gross contingent resources in the OML 40 license amounts to 41.2 million barrels (mmbbl). The Ubima Field covers an area of approximately 70 square kilometers and is located onshore in the northern part of Rivers State.
Examine this trading opportunity and a host of other similar stocks. A single payment of £5.95 gives access to the VectorVest Risk Free 30-day trial. More here
On January 17th 2018, Eland reported that its joint-venture subsidiary Elcrest Exploration and Production Nigeria Ltd had successfully drilled and completed the Opuama-8 well. The Opuama-8 well has been handed over to the Opuama field production team and the well will flow test into the production facilities and on to export. Production performance from the Opuama field is strong, with gross production from Opuama-1, -3 and -7 wells being approximately 18,000bopd. CEO George Maxwell, commented: “We are pleased with the successful drilling and completion of the Opuama-8 well and we look forward to confirming stabilised production rates in due course. The success of Opuama-8 will result in increased production and cash generation from OML 40. Our drilling programme will continue beyond Opuama-9, where our continued investment will further enhance both production and cash flow levels.” At the interim results on September 26th 2018 George Maxwell said, “The outlook for the remainder of 2017 and beyond is very positive”.
VectorVest first published an article on ELA in May 2017 when the stock traded at 65p. The Opuama development took a while to move to production, but the stock recently hit and passed our May target of 81p. Today, the stock continues to score highly across all key VectorVest metrics, with the VST-Vector, (master indicator for ranking every stock in the VectorVest database) logging ELA today at 1.35, which is very good on a scale of 0.00 to 2.00. And with an excellent RT (Relative Timing) rating of 1.46, (scale of 0.00 to 2.00), VectorVest now values the stock at 108p, offering significant upside from the current 85p.
The chart of ELA.L is shown below with the green line study above the price reflecting the VectorVest calculated valuation of the company. The share is trending higher and is on a Buy recommendation on the VectorVest program. Earnings per share is shown by the blue line study in the window below the price and is growing strongly over the past year.
Summary: ELA is another growth company that highlights the solid track record of the VectorVest stock analysis and portfolio management system. With the Opuama field resulting in increased production and cash generation, the timing is right to once again buy into this quality oil and gas play.
David Paul
February 6th 2018
Readers can examine trading opportunities on ELA and a host of other similar stocks for a single payment of £5.95. This gives access to the VectorVest Risk Free 30-day trial, where members enjoy unlimited access to VectorVest UK & U.S., plus VectorVest University for on-demand strategies and training. Link here to view.
FREE! For free VectorVest analysis on any stock, go to this link here
VectorVest Unisearch
On VectorVest a simple search using the Unisearch tool will quickly find shares that are undervalued with good fundamentals that have just issued a Buy recommendation. This will give the active trader a short list of many high probability trading opportunities each week. Traders now have the opportunity to spend five weeks discovering VectorVest’s unique simplicity, automation and independent guidance. Just £5.95 buys a 5 week trial to enable deep exploration, or how the system can assist in smarter trading in as little as 10 minutes a day. Powerful tools. Proven strategies. Unique Perspectives.
Link here for more info and to set up a trial.
European Financial Publishing Limited T/A VectorVest UK (VectorVest) is authorised and regulated by the Financial Conduct Authority under register number 543038. You should remember that the value of investments and the income derived therefrom may fall as well as rise and you may not get back the amount that you invest. Past performance is not a reliable guide to the future. This material is directed only at persons in the UK and is not an offer or invitation to buy or sell securities. If investors are in any doubt of the suitability of an investment given their individual circumstances, they are recommended to contact an investment manager or independent financial adviser who may be able to provide tailored advice. Opinions expressed whether in general or both on the performance of individual securities and in a wider economic context represent the views of VectorVest at the time of preparation. They are subject to change and should not be interpreted as investment advice. VectorVest and connected companies, clients, directors, employees and other associates, may have a position in any security, or related financial instrument, issued by a company or organisation mentioned on this site. European Financial Publishing Limited is a company incorporated in Scotland under Company Number SC357322 with its registered address at Exchange Tower, 19 Canning Street, Edinburgh EH3 8EH. Email: support@VectorVest.com
Sopheon #SPE has risen 8X since first being flagged up by VectorVest. We still rate the stock as a buy!
Sopheon partners with customers to provide complete enterprise solutions
There is lots still to come in this excellent growth prospect.
Woking-based Sopheon (SPE.L) is engaged in the provision of software and services in the product lifecycle management (PLM) market. The Company operates in two segments: N America and Europe. Its Accolade solution provides integrated support for innovation planning, roadmapping, idea and concept development, process, project, portfolio, resource and in-market management. Its offerings include alignment of long-term innovation plans with market requirements, industry regulations, and supply chain capabilities; generation and development of ideas and concepts to fill gaps relevant to achieving strategic initiatives; process and project management that tracks and enables decision making, focused on evaluating projects associated with innovation initiatives, and data management, analytics and integrity tools. Subsidiaries include Sopheon Corporation, Alignent Software, Inc., Sopheon NV, Sopheon UK Ltd and Sopheon GmbH.
Examine this trading opportunity and a host of other similar stocks. A single payment of £5.95 gives access to the VectorVest Risk Free 30-day trial. More here
On Monday 29th Jan 2018, SPE updated on trading for the year ended 31 Dec 2017. The strong trading in the closing weeks of the year resulted in two substantial Accolade deals signed, one in the USA and one in Germany, each with a multinational enterprise that is an undisputed leader in its field. Consequently, the board expects that reported revenues for the year will be over $28m, up from $23m in 2016, and comfortably ahead of current market expectations. EBITDA and PTP will also be significantly ahead of current market expectations, with a year-end net cash position expected at $9.5m (2016: $4.2m). Looking forward overall revenue visibility for 2018 already stands at $18m, vs. $13m at this time last year. FY results will be announced on March 22nd 2018.
What VectorVest sees in Sopheon
VectorVest first identified SPE as a quality investment opportunity as far back as 2016 when the stock traded at around 70p. A spectacular 8-fold return since then sees SPE trading at 560p today, but despite this the VectorVest stock analysis and portfolio management system indicates that there is considerably more upside to come. Among a range of metrics highlighting value, the Earnings Growth Rate (GRT), (which reflects a company’s one to three year forecasted earnings growth rate in percent per year) sees SPE score 17%, which VectorVest considers to be very good. The VST-Vector metric (VST) and the master indicator for ranking every stock in the VectorVest database, logs a rating of 1.28, again very good on a scale of 0.00 to 2.00. Finally, despite the meteoric rise in the stock price, the VectorVest Value metric attributes a current value of 646p per share to SPE, meaning the company is still undervalued at the current 560p.
The chart of SPE.L is shown above over the last two years of trading. The green line study above the price reflects the VectorVest valuation while the blue line study shows the growth of Earnings per share (EPS) over the period. The share is on a Buy recomedendation on VectorVest after recently gapping through a 52 week high. This is regarded by technical analysts as a bullish sign. Also of interest to technical analysts is the “pennant” chart pattern from which the share broke on the 4th January 2018. The target from this breakout by conventional charting techniques is approximately 700p.
Can Sopheon keep going up?
Some investors may be put off by investing into SPE at such heady levels given the 8-fold increase in value. But the cash generative nature of this well-managed software business is precisely why it’s stock has historically delivered such strong returns for shareholders to date, and those same qualities exist in abundance at SPE today. VectorVest believes an ‘if it isn’t broke, why try to fix it’ approach is warranted for SPE, with every reason to keep buying the stock for continuing growth.
Dr David Paul
January 31 2018
Readers can examine trading opportunities on SPE and a host of other similar stocks for a single payment of £5.95. This gives access to the VectorVest Risk Free 30-day trial, where members enjoy unlimited access to VectorVest UK & U.S., plus VectorVest University for on-demand strategies and training. Link here to view.
VectorVest Unisearch
On VectorVest a simple search using the Unisearch tool will quickly find shares that are undervalued with good fundamentals that have just issued a Buy recommendation. This will give the active trader a short list of many high probability trading opportunities each week. Traders now have the opportunity to spend five weeks discovering VectorVest’s unique simplicity, automation and independent guidance. Just £5.95 buys a 5 week trial to enable deep exploration, or how the system can assist in smarter trading in as little as 10 minutes a day. Powerful tools. Proven strategies. Unique Perspectives.
Link here for more info and to set up a trial.
European Financial Publishing Limited T/A VectorVest UK (VectorVest) is authorised and regulated by the Financial Conduct Authority under register number 543038. You should remember that the value of investments and the income derived therefrom may fall as well as rise and you may not get back the amount that you invest. Past performance is not a reliable guide to the future. This material is directed only at persons in the UK and is not an offer or invitation to buy or sell securities. If investors are in any doubt of the suitability of an investment given their individual circumstances, they are recommended to contact an investment manager or independent financial adviser who may be able to provide tailored advice. Opinions expressed whether in general or both on the performance of individual securities and in a wider economic context represent the views of VectorVest at the time of preparation. They are subject to change and should not be interpreted as investment advice. VectorVest and connected companies, clients, directors, employees and other associates, may have a position in any security, or related financial instrument, issued by a company or organisation mentioned on this site. European Financial Publishing Limited is a company incorporated in Scotland under Company Number SC357322 with its registered address at Exchange Tower, 19 Canning Street, Edinburgh EH3 8EH. Email: support@VectorVest.comFREE! For free VectorVest analysis on any stock, go to this link here
Buy LPA Group #LPA says VectorVest. This relatively anonymous co might just be one of the big stock market successes in 2018
Suffolk-based LPA Group Plc (LPA.L) specialises in the design and assembly of LED based lighting and electronic systems and is one of the leading electromechanical systems manufacturers across the globe. The Company has a strong reputation for innovation winning several awards including the Rail Business Award for Environmental Innovation for its LED based LumiPanel® lighting product. LPA employs around 200 people at four locations in the UK and exports to nearly fifty countries.
Examine this trading opportunity and a host of other similar stocks. A single payment of £5.95 gives access to the VectorVest Risk Free 30-day trial. More here
On January 23rd 2018, LPA announced record results for the year ended 30 Sept 2017 and a strong start to the new financial year. Sales rose by 4.9% to £22.48m, generating a 26.3% hike in PBT to £1.91m. Basic EPS rose by 17.1% to 14.40p, gearing fell to 25.7% (2016: 29.2%) while the order book rose by 20% to £21.6m. The final dividend increased 10% to 1.65p, totaling 2.70p for the year (2016: 2.50p). CEO Peter Pollock said the 2016 financial year “marked a step change in the performance of the Group, and these record results for the 2017 financial year are confirmation that we are now established at this substantially increased level of activity. “ He added; “We look forward to continuing progress this year and for the future.”
The record numbers revealed in the FY results triggered alerts across VectorVest metrics as far back as November 2017. Today, the VST (VST-Vector) indicator, (the master indicator for ranking every stock in the VectorVest database), rates LPA at 1.26, which is very good on a scale of 0.00 to 2.00. Added to this, the GRT (forecasted Earnings Growth Rate) for LPA logs at 16.00%, which again is considered a very good rating on the VectorVest stock analysis and portfolio management system. GRT reflects a company’s one to three year forecasted earnings growth rate in percent per year. VectorVest logs a current value of 219p per share for LPA, so at the current 171p the stock can be considered as undervalued.
The chart of LPA.L is shown above in my usual format. Earnings per share (EPS is growing strongly and the share is on a BUY recommendation on VectorVest. Technicians will have noted the cup and handle formation. This is a highly reliable bullish pattern which gave a buying signal above a price of 165p.
Summary: The never-ending VectorVest quest to identify ‘under the radar’ quality growth companies may just have come up trumps again with LPA. Trifast (TRI.L) was identified as a highly cash generative, albeit relatively anonymous growth play as far back as mid 2016. LPA exhibits many of the same qualities, in terms of earnings and dividend growth, but somewhat surprisingly the current market cap is less than the turnover for the last financial year. This relatively anonymous lighting and electrical group sells to an enviable blue chip client list, has won many prestigious awards and might just be one of the big stock market successes in 2018. Buy.
Dr David Paul
January 24 2018
Readers can examine trading opportunities on LPA and a host of other similar stocks for a single payment of £5.95. This gives access to the VectorVest Risk Free 30-day trial, where members enjoy unlimited access to VectorVest UK & U.S., plus VectorVest University for on-demand strategies and training. Link here to view.
VectorVest Unisearch
On VectorVest a simple search using the Unisearch tool will quickly find shares that are undervalued with good fundamentals that have just issued a Buy recommendation. This will give the active trader a short list of many high probability trading opportunities each week. Traders now have the opportunity to spend five weeks discovering VectorVest’s unique simplicity, automation and independent guidance. Just £5.95 buys a 5 week trial to enable deep exploration, or how the system can assist in smarter trading in as little as 10 minutes a day. Powerful tools. Proven strategies. Unique Perspectives.
Link here for more info and to set up a trial.
European Financial Publishing Limited T/A VectorVest UK (VectorVest) is authorised and regulated by the Financial Conduct Authority under register number 543038. You should remember that the value of investments and the income derived therefrom may fall as well as rise and you may not get back the amount that you invest. Past performance is not a reliable guide to the future. This material is directed only at persons in the UK and is not an offer or invitation to buy or sell securities. If investors are in any doubt of the suitability of an investment given their individual circumstances, they are recommended to contact an investment manager or independent financial adviser who may be able to provide tailored advice. Opinions expressed whether in general or both on the performance of individual securities and in a wider economic context represent the views of VectorVest at the time of preparation. They are subject to change and should not be interpreted as investment advice. VectorVest and connected companies, clients, directors, employees and other associates, may have a position in any security, or related financial instrument, issued by a company or organisation mentioned on this site. European Financial Publishing Limited is a company incorporated in Scotland under Company Number SC357322 with its registered address at Exchange Tower, 19 Canning Street, Edinburgh EH3 8EH. Email: support@VectorVest.comFREE! For free VectorVest analysis on any stock, go to this link here
Buy Glencore #GLEN say VectorVest. The stock is trending strongly upwards and offers a compelling growth story.
Swiss based FTSE100 giant Glencore (GLEN.L), formerly Glencore Xstrata plc, is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 90 commodities. The Group’s operations comprise around 150 mining and metallurgical sites, oil production assets and agricultural facilities. With a strong footprint in both established and emerging regions for natural resources, Glencore’s industrial and marketing activities are supported by a global network of more than 90 offices located in over 50 countries. Glencore’s customers are industrial consumers, such as those in the automotive, steel, power generation, oil and food processing sectors. The Company also provide financing, logistics and other services to producers and consumers of commodities. Glencore’s companies employ around 155,000 people, including contractors.
Examine this trading opportunity and a host of other similar stocks. A single payment of £5.95 gives access to the VectorVest Risk Free 30-day trial. More here
On December 12th 2017, GLEN published an investor update, and said that the outlook for its “Tier 1” commodities – copper, cobalt, nickel, zinc & thermal coal were underpinned by persistent supply challenges and robust demand. GLEN added that it was the best placed large cap resources company for the Electric Vehicle revolution. CEO Ivan Glasenberg said the Company expects 2018 illustrative EBITDA of c.$16.2bn at spot/forward prices, adding that GLEN “looks to the future, confident in our ability to continue to create superior returns for our shareholders.”
Along with the other large cap resource giants listed on the FTSE100, GLEN has seen a resurgence in value since summer 2017. The mid December dip in the stock flagged the opportunity and trend both across RV (Relative Value) and RT (Relative Timing) metrics. RV, an indicator of long-term price appreciation potential, logged at 1.55, which VectorVest considers excellent on a scale of 0.00 to 2.00. Added to this, the GRT (forecasted Earnings Growth Rate) for GLEN logs at 37.00%, which VectorVest considers to be excellent, and despite a fair RS (Relative Safety) rating of 0.93 (scale of 0.00 to 2.00), at 409p the stock trades a long way below the VectorVest valuation of 610p.
The chart of GLEN is shown above in my normal format. The blue line study in the window below the price shows Earnings per Share (EPS) growing strongly. The share is trending strongly upwards after breaking and subsequently testing a 52 week high.
Summary: To some investors, mining companies represent a greater degree of investing risk. However, in the view of VectorVest, the sheer size and diversity of the Glencore business results in a relatively safe and stable investment proposition, while a resource hungry world and the EV revolution provides a huge market opportunity and a compelling growth story to buy into.
Dr David Paul
January 16 2018
Readers can examine trading opportunities on GLEN and a host of other similar stocks for a single payment of £5.95. This gives access to the VectorVest Risk Free 30-day trial, where members enjoy unlimited access to VectorVest UK & U.S., plus VectorVest University for on-demand strategies and training. Link here to view.
VectorVest Unisearch
On VectorVest a simple search using the Unisearch tool will quickly find shares that are undervalued with good fundamentals that have just issued a Buy recommendation. This will give the active trader a short list of many high probability trading opportunities each week. Traders now have the opportunity to spend five weeks discovering VectorVest’s unique simplicity, automation and independent guidance. Just £5.95 buys a 5 week trial to enable deep exploration, or how the system can assist in smarter trading in as little as 10 minutes a day. Powerful tools. Proven strategies. Unique Perspectives.
Link here for more info and to set up a trial.