Tuesday, October 08, 2013
Investors looking for the right sort of exposure to Queensland’s oil and gas exploration and production story – a la coal seam gas (CSG) – shouldn’t overlook junior energy and gas contractor Titan Energy Services (TTN), which has successfully hitched its fortunes to the sector’s enormous upside.
Since identifying TTN on 13 August, the share price has already risen more than 30%.
Much of the company’s recent 30%-plus share price rally and analysts’ upgrades for future earnings per share, dividends and profit figures, can be attributed to TTN’s impressive (four-fold) surge in 2012-13 NPAT to $9 million, plus an ‘investor day’ briefing in September 2013 revealing how well positioned TTN is to leverage off upstream work from Queensland’s CSG story.
Tuesday, July 02, 2013
Overnight safety margins for more than 60% of ASX-listed companies updated. Why? For companies with a 30 June report date, Skaffold calculated the safety margin based on the 2013 intrinsic value forecast. Last night, as we moved into the 2014 financial year, the safety margin calculation switched over to the 2014 forecast intrinsic value estimate.
As at 28 June 2013 close of trade, 127 companies were trading at a discount to Skaffold’s intrinsic value estimate. Today 134 companies are trading at a discount. Of those, 96 are covered by analysts.
Tuesday, February 26, 2013
Over the weekend more than 70 companies updated in Skaffold. The number of A1-rated companies fell to 39, and A2-rated companies to 81 companies.
Companies to update based on their recent interim or full year results include include Breville Group (BRG), mining services business Sedgman (SDM), for casino operators Crown Group (CWN) and Echo Entertainment Group (EGP), BHP Billition (BHP), Fortescue Metals Group (FMG), Iluka Resources (ILU), Cabcharge (CAB), Fleetwood (FWD), Fantastic Holdings (FAN), Village Roadshow (VRL), Adelaide Brighton (ABC), Alumina (AWC), Goodman Group (GMG), APN News and Media (APN), Tatts Group (TTS), Infomedia (IFM), Data#3 (DTL), Ausenco (AAX), Magellan Financial Group (MFG), Insurance Australia Group (IAG), AMP Limited (AMP), Seven West Media (SWM), iiNet (IIN), Macquarie Radio Network (MRN), Fairfax Media (FXJ), Envestra (ENV), Brambles (BXB), Chandler Macleod Group (CMG), Austin Engineering (ANG), Codan (CDA), The Reject Shop (TRS) and NRW Holdings (NWH), Platinum Asset Management (PTM), Mermaid Marine (MRM), Australian Share Registry (ASW), Super Retail Group (SUL), Amalgamated Holdings (AHC), TCT Tomlinson (RCR), Servcorp (SRV), SEEK (SEK), ASX Limited (ASX) and Origin Energy (ORG).