{"id":58416,"date":"2011-07-07T10:30:33","date_gmt":"2011-07-07T00:30:33","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2011\/07\/07\/icarus-signal-new-entries-for-today-33\/"},"modified":"2011-07-07T10:30:33","modified_gmt":"2011-07-07T00:30:33","slug":"icarus-signal-new-entries-for-today-33","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2011\/07\/07\/icarus-signal-new-entries-for-today-33\/","title":{"rendered":"Icarus Signal New Entries For Today"},"content":{"rendered":"

\n\tDaily update on share prices and consensus price targets.<\/p>\n

\n\tBy Rudi Filapek-Vandyck<\/p>\n

\n\tThe strangest way to make one's entrance onto the radar of FNArena's Icarus Signal is when things are tough, much tougher than previously expected. RBS analysts came to this conclusion regarding Penrice Soda ((PSH)) this week and they thus slashed their price target to a price level below the present share price. Instantly, the shares joined the group of stocks trading above consensus target (only one broker). Not exactly what the text books state should happen, but Penrice shares are now enjoying their five minutes in the spotlight. )I'd assume the Icarus principle still applies, regardless).<\/p>\n

\n\tOne important note today: Resolute Mining ((RSG)) also joined the list trading above target but this appears to be related to an error in our system, which calculates the price target too lowly for Resolute. So pay attention, please, Resolute should not be there.<\/p>\n

\n\tThe list of stocks trading in the vicinity of target continues to display a lot of rotation with Nomad Building Solutions ((NOD)), Seven Group ((SVW)), Tabcorp ((TAH)), Campbell Brothers ((CPB)) and Austbrokers ((AUB)) all disappearing from the list yesterday and all because of share price weakness.<\/p>\n

\n\tTwo new names entered the list, DWS Advanced Business Solutions ((DWS)) and Bunnings Warehouse Property Trust ((BWP)). The latter features regularly in these updates signalling investors are still looking for yield.<\/p>\n

\n\t\"\"<\/p>\n

\n\tThere are now 24 stocks trading above consensus target.<\/p>\n

\n\tInvestors should consider the information and data are provided for research purposes only.<\/p>\n

\n\tStocks <3% Below Consensus<\/h2>\n\n\n\n
\n\n\n\n\n\n\n
\n\t\t\t\t\t\t\t\tOrder<\/th>\n\n\t\t\t\t\t\t\t\tSymbol<\/th>\n\n\t\t\t\t\t\t\t\tCurrent Price($)<\/th>\n\n\t\t\t\t\t\t\t\tConsensus Price($)<\/th>\n\n\t\t\t\t\t\t\t\tDifference(%)<\/th>\n<\/tr>\n<\/thead>\n
\n\t\t\t\t\t\t\t\t1<\/td>\n\n\t\t\t\t\t\t\t\t BWP<\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 1.83<\/td>\n\n\t\t\t\t\t\t\t\t$ 1.88<\/td>\n\n\t\t\t\t\t\t\t\t2.90%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t2<\/td>\n\n\t\t\t\t\t\t\t\t DWS<\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 1.42<\/td>\n\n\t\t\t\t\t\t\t\t$ 1.46<\/td>\n\n\t\t\t\t\t\t\t\t2.82%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\n\tStocks Above Consensus<\/h2>\n\n\n\n
\n\n\n\n\n\n\n
\n\t\t\t\t\t\t\t\tOrder<\/th>\n\n\t\t\t\t\t\t\t\tSymbol<\/th>\n\n\t\t\t\t\t\t\t\tCurrent Price($)<\/th>\n\n\t\t\t\t\t\t\t\tConsensus Price($)<\/th>\n\n\t\t\t\t\t\t\t\tDifference(%)<\/th>\n<\/tr>\n<\/thead>\n
\n\t\t\t\t\t\t\t\t1<\/td>\n\n\t\t\t\t\t\t\t\t PSH<\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 0.16<\/td>\n\n\t\t\t\t\t\t\t\t$ 0.14<\/td>\n\n\t\t\t\t\t\t\t\t– 9.68%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t2<\/td>\n\n\t\t\t\t\t\t\t\t RSG<\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 1.23<\/td>\n\n\t\t\t\t\t\t\t\t$ 1.19<\/td>\n\n\t\t\t\t\t\t\t\t– 3.25%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\n\tTop 50 Stocks Furthest from Consensus<\/h2>\n\n\n\n
\n\n\n\n\n\n\n\n\n
\n\t\t\t\t\t\t\t\tOrder<\/th>\n\n\t\t\t\t\t\t\t\tSymbol<\/th>\n\n\t\t\t\t\t\t\t\tCurrent Price($)<\/th>\n\n\t\t\t\t\t\t\t\tConsensus Price($)<\/th>\n\n\t\t\t\t\t\t\t\tDifference(%)<\/th>\n<\/tr>\n<\/thead>\n
\n\t\t\t\t\t\t\t\t1<\/td>\n\n\t\t\t\t\t\t\t\t HZN<\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 0.33<\/td>\n\n\t\t\t\t\t\t\t\t$ 0.49<\/td>\n\n\t\t\t\t\t\t\t\t49.39%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t2<\/td>\n\n\t\t\t\t\t\t\t\t MAD<\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 0.24<\/td>\n\n\t\t\t\t\t\t\t\t$ 0.36<\/td>\n\n\t\t\t\t\t\t\t\t50.00%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t3<\/td>\n\n\t\t\t\t\t\t\t\t NFE<\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 1.89<\/td>\n\n\t\t\t\t\t\t\t\t$ 2.85<\/td>\n\n\t\t\t\t\t\t\t\t50.79%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t4<\/td>\n\n\t\t\t\t\t\t\t\t TAP<\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 0.84<\/td>\n\n\t\t\t\t\t\t\t\t$ 1.25<\/td>\n\n\t\t\t\t\t\t\t\t50.06%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\n\tTo see the full Icarus Signal, please go to this link<\/a><\/p>\n

\n\tTechnical limitations<\/strong><\/p>\n

\n\tIf you are reading this story through a third party distribution channel and you cannot see charts included<\/span>, we apologise<\/span><\/span>, but technical limitations are to blame.<\/em><\/strong><\/p>\n

\n\tFind out why FNArena<\/span> subscribers like the service so much: "Your Feedback (Thank You)<\/a>" – Warning this story contains unashamedly positive feedback on the service provided.<\/p>\n","protected":false},"excerpt":{"rendered":"

Daily update on share prices and consensus price targets.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/58416"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=58416"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/58416\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=58416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=58416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=58416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}