{"id":58574,"date":"2011-07-29T12:32:08","date_gmt":"2011-07-29T02:32:08","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2011\/07\/29\/icarus-signal-new-entries-for-today-48\/"},"modified":"2011-07-29T12:32:08","modified_gmt":"2011-07-29T02:32:08","slug":"icarus-signal-new-entries-for-today-48","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2011\/07\/29\/icarus-signal-new-entries-for-today-48\/","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\tHas Discovery Metals ((DML<\/span>)) now been rejected?<\/p>\n

\n\tThe question remains unanswered but we observe it was at present share price levels the share price started to weaken in February this year only to return this week. Now the strong run upwards seems to have at least come to a pause. Note that stockbroker Deutsche Bank turned more positive this week, lifting its price target (though still below the present share price) on the back of a more positive view on copper prices.<\/p>\n

\n\tOne stock that seems to have been firmly rejected at consensus target is dataroom<\/span> provider NextDC<\/span> ((NXT<\/span>)). Alas, because of technical problems this morning, I cannot include a price chart for NXT<\/span>, but it certainly appears like the share price has been firmly rejected at the target, the share price lost more than 3% yesterday.<\/p>\n

\n\tOther stocks that fell out of the group of stocks trading close to target after yesterday's price action are Beach Petroleum ((BPT<\/span>)), Ansell<\/span> ((ANN)), Charter Hall Office REIT ((CQO<\/span>)) and Ramsay Healthcare ((RHC<\/span>)). In their place came 9 newcomers: Nomad Building Solutions ((NOD)), Melbourne IT ((MLB)), Foster's ((FGL<\/span>)), ConnectEast<\/span> ((CEU<\/span>)), Coffey International ((COF<\/span>)), Kingsgate<\/span> Consolidated ((KCN<\/span>)), Commonwealth Office Property Fund ((CPA)), Reckon ((RKN<\/span>)) and Macmahon<\/span> Holdings ((MAH<\/span>)). Six of these newcomers have fallen out of the group trading above target.<\/p>\n

\n\tThere are now 18 stocks trading close to consensus target. Note the above mentioned NextDC<\/span> is only covered by one broker in the FNArena<\/span> universe.<\/p>\n

\n\tNo newcomers were registered among the stocks trading above target, where many found themselves in losing territory yesterday. As six stocks disappeared, this group now counts 24 members, of which many trade on take-over appeal.<\/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\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 NOD<\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 0.10<\/td>\n\n\t\t\t\t\t\t\t\t$ 0.10<\/td>\n\n\t\t\t\t\t\t\t\t0.00%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t2<\/td>\n\n\t\t\t\t\t\t\t\t MLB<\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 1.77<\/td>\n\n\t\t\t\t\t\t\t\t$ 1.78<\/td>\n\n\t\t\t\t\t\t\t\t0.28%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t3<\/td>\n\n\t\t\t\t\t\t\t\t FGL<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 4.99<\/td>\n\n\t\t\t\t\t\t\t\t$ 5.02<\/td>\n\n\t\t\t\t\t\t\t\t0.54%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t4<\/td>\n\n\t\t\t\t\t\t\t\t CEU<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 0.54<\/td>\n\n\t\t\t\t\t\t\t\t$ 0.54<\/td>\n\n\t\t\t\t\t\t\t\t0.56%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t5<\/td>\n\n\t\t\t\t\t\t\t\t COF<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 0.72<\/td>\n\n\t\t\t\t\t\t\t\t$ 0.72<\/td>\n\n\t\t\t\t\t\t\t\t0.70%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t6<\/td>\n\n\t\t\t\t\t\t\t\t KCN<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 9.17<\/td>\n\n\t\t\t\t\t\t\t\t$ 9.26<\/td>\n\n\t\t\t\t\t\t\t\t0.98%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t7<\/td>\n\n\t\t\t\t\t\t\t\t CPA<\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 0.95<\/td>\n\n\t\t\t\t\t\t\t\t$ 0.96<\/td>\n\n\t\t\t\t\t\t\t\t1.47%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t8<\/td>\n\n\t\t\t\t\t\t\t\t RKN<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 2.56<\/td>\n\n\t\t\t\t\t\t\t\t$ 2.61<\/td>\n\n\t\t\t\t\t\t\t\t1.88%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t9<\/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$ 0.60<\/td>\n\n\t\t\t\t\t\t\t\t$ 0.61<\/td>\n\n\t\t\t\t\t\t\t\t2.02%<\/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\t\t\t\t\t<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\n\tTop 50 Stocks Furthest from Consensus<\/h2>\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\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$ 2.28<\/td>\n\n\t\t\t\t\t\t\t\t$ 3.53<\/td>\n\n\t\t\t\t\t\t\t\t54.82%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t2<\/td>\n\n\t\t\t\t\t\t\t\t OGC<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 2.68<\/td>\n\n\t\t\t\t\t\t\t\t$ 4.13<\/td>\n\n\t\t\t\t\t\t\t\t54.22%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t3<\/td>\n\n\t\t\t\t\t\t\t\t COK<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 0.44<\/td>\n\n\t\t\t\t\t\t\t\t$ 0.66<\/td>\n\n\t\t\t\t\t\t\t\t51.72%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t4<\/td>\n\n\t\t\t\t\t\t\t\t AQP<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 4.21<\/td>\n\n\t\t\t\t\t\t\t\t$ 6.33<\/td>\n\n\t\t\t\t\t\t\t\t50.43%<\/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\/58574"}],"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=58574"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/58574\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=58574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=58574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=58574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}