{"id":58529,"date":"2011-07-28T10:39:00","date_gmt":"2011-07-28T00:39:00","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2011\/07\/28\/icarus-signal-new-entries-for-today-47\/"},"modified":"2011-07-28T10:39:00","modified_gmt":"2011-07-28T00:39:00","slug":"icarus-signal-new-entries-for-today-47","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2011\/07\/28\/icarus-signal-new-entries-for-today-47\/","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<\/span><\/p>\n

\n\tSomething's terribly wrong at Decmil<\/span> ((DCG<\/span>)). The company should be one of many "pick and shovel" service providers who stands to benefit from a tsunami in capex<\/span> from miners and energy companies from next year onwards, but its share price continues trending lower and lower, while peers such as Campbell Bros ((CPB<\/span>)) are trading near all-time highs. Not sure what exactly is happening internally at Decmil<\/span>, and we're in reporting season so it's a fair guess we'll soon find out, but the divergence in share price performance between Decmil<\/span> and others looks ominous, to say the least.<\/p>\n

\n\tIrony has it, Decmil<\/span> shares generated a warning from Icarus<\/span> back in April when investor sentiment ran too high and the share price thought price targets should be no barrier. Well, as we all can see on the price chart today, that assumption proved incorrect. It turns out Decmil<\/span> was flying too close to the sun, but it's the coming back to earth exercise that genuinely looks worrisome. Note only RBS<\/span> covers the stock in the FNArena<\/span> universe.<\/p>\n

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

\n\tDecmil<\/span> has now made its entrance into the Bottom 50, and that is seldom a signal of sustained price strength ahead. Others to join Decmil<\/span> are retailer Fantastic Holdings ((FAN)), corporate phoenix Hastie<\/span> Group ((HST<\/span>)), telecom infra service provider Service Stream ((SSM<\/span>)) and energy producer Tap Oil ((TAP)). The latter -again- underlines the dismal performance for oil and gas companies in Australia when it comes to sustainable, longer term investment returns. A theme that has featured regularly in my investor presentations of the past three years.<\/p>\n

\n\tMeanwhile, the group of stocks trading above consensus target welcomed three newcomers: Macmahon<\/span> Holdings ((MAH<\/span>)), Nomad Building Solutions ((NOD)), both peer companies for the above mentioned Decmil<\/span>, and Centrebet<\/span> International ((CIL<\/span>)). The latter is trading on take-over appeal.<\/p>\n

\n\tThe list of stocks trading close to target has welcomed four newcomers; Regis Resources ((RRL<\/span>)), Charter Hall Retail REIT ((CQR<\/span>)), NextDC<\/span> ((NXT<\/span>)), Specialty Fashion Group ((SFH<\/span>)) and Ramsay Healthcare ((RHC<\/span>)).<\/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\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 CQR<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 3.23<\/td>\n\n\t\t\t\t\t\t\t\t$ 3.29<\/td>\n\n\t\t\t\t\t\t\t\t1.86%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t2<\/td>\n\n\t\t\t\t\t\t\t\t NXT<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 1.97<\/td>\n\n\t\t\t\t\t\t\t\t$ 2.01<\/td>\n\n\t\t\t\t\t\t\t\t2.03%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t3<\/td>\n\n\t\t\t\t\t\t\t\t RHC<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 18.28<\/td>\n\n\t\t\t\t\t\t\t\t$ 18.81<\/td>\n\n\t\t\t\t\t\t\t\t2.87%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t4<\/td>\n\n\t\t\t\t\t\t\t\t RRL<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 2.85<\/td>\n\n\t\t\t\t\t\t\t\t$ 2.85<\/td>\n\n\t\t\t\t\t\t\t\t0.00%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t5<\/td>\n\n\t\t\t\t\t\t\t\t SFH<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 0.85<\/td>\n\n\t\t\t\t\t\t\t\t$ 0.87<\/td>\n\n\t\t\t\t\t\t\t\t2.12%<\/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
\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 CIL<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 2.10<\/td>\n\n\t\t\t\t\t\t\t\t$ 2.03<\/td>\n\n\t\t\t\t\t\t\t\t– 3.33%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t2<\/td>\n\n\t\t\t\t\t\t\t\t MAH<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 0.62<\/td>\n\n\t\t\t\t\t\t\t\t$ 0.61<\/td>\n\n\t\t\t\t\t\t\t\t– 1.30%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t3<\/td>\n\n\t\t\t\t\t\t\t\t NOD<\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 0.11<\/td>\n\n\t\t\t\t\t\t\t\t$ 0.10<\/td>\n\n\t\t\t\t\t\t\t\t– 4.76%<\/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
\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 DCG<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 2.39<\/td>\n\n\t\t\t\t\t\t\t\t$ 3.53<\/td>\n\n\t\t\t\t\t\t\t\t47.70%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t2<\/td>\n\n\t\t\t\t\t\t\t\t FAN<\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 1.86<\/td>\n\n\t\t\t\t\t\t\t\t$ 2.83<\/td>\n\n\t\t\t\t\t\t\t\t52.40%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t3<\/td>\n\n\t\t\t\t\t\t\t\t HST<\/span><\/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$ 0.24<\/td>\n\n\t\t\t\t\t\t\t\t48.75%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t4<\/td>\n\n\t\t\t\t\t\t\t\t SSM<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 0.48<\/td>\n\n\t\t\t\t\t\t\t\t$ 0.71<\/td>\n\n\t\t\t\t\t\t\t\t47.92%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t5<\/td>\n\n\t\t\t\t\t\t\t\t TAP<\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 0.85<\/td>\n\n\t\t\t\t\t\t\t\t$ 1.26<\/td>\n\n\t\t\t\t\t\t\t\t48.59%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\n\tTo see the full Icarus<\/span> 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><\/span>, but technical limitations are to blame.<\/em><\/strong><\/p>\n

\n\tFind out why FNArena<\/span><\/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\/58529"}],"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=58529"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/58529\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=58529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=58529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=58529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}