{"id":59043,"date":"2011-10-25T11:46:36","date_gmt":"2011-10-25T00:46:36","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2011\/10\/25\/icarus-signal-new-entries-for-today-83\/"},"modified":"2011-10-25T11:46:36","modified_gmt":"2011-10-25T00:46:36","slug":"icarus-signal-new-entries-for-today-83","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2011\/10\/25\/icarus-signal-new-entries-for-today-83\/","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\tNo surprise, after a session that saw the Australian share market jump more than 100 points (circa 2.5%) the main lists derived from Icarus<\/span>' radar saw plenty of newcomers. The main question remains, however, how many of those are to remain bid in the sessions ahead?<\/p>\n

\n\tThe list of stocks trading close but still below consensus price target saw no less than 13 newcomers at yesterday's close of trading. There are only 19 stocks in total on this list. Stocks of interest include WorleyParsons<\/span> ((WOR<\/span>)) which has staged a continuous come-back this month, Beach Petroleum ((BPT<\/span>)) and Monadelphous<\/span> ((MND<\/span>)). The latter is a regular in these daily updates.<\/p>\n

\n\tThe list of stocks trading above target now counts 27 stocks, of which yesterday's price action provided 7 newcomers. Amongst the stand-out names is regional lender Bendigo<\/span> and Adelaide Bank ((BEN)). Ever since quant<\/span> analysts at Citi<\/span> pointed into its direction (see story in Treasure Chest)  the shares have surged and surged but now the question must be asked: when is enough enough? Icarus<\/span> thinks we've already moved past that point.<\/p>\n

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

\n\tThe list which contains a majority of names that is either directly or indirectly linked to take-over action, now includes names such as OM Holdings ((OMH<\/span>)), Murchison<\/span> Metals ((MMX<\/span>)) and the rejuvenated Pharmaxis<\/span> ((PXS<\/span>)).<\/p>\n

\n\tIn contrast to Pharmaxis<\/span>, QRxPharma<\/span> ((QRX<\/span>)) has re-joined the Bottom 50.<\/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\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($)<\/th>\n\n\t\t\t\t\t\t\t\tConsensus Target($)<\/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 APA<\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 4.31<\/td>\n\n\t\t\t\t\t\t\t\t$ 4.43<\/td>\n\n\t\t\t\t\t\t\t\t2.78%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t2<\/td>\n\n\t\t\t\t\t\t\t\t BPT<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 1.17<\/td>\n\n\t\t\t\t\t\t\t\t$ 1.18<\/td>\n\n\t\t\t\t\t\t\t\t1.03%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t3<\/td>\n\n\t\t\t\t\t\t\t\t CCL<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 12.18<\/td>\n\n\t\t\t\t\t\t\t\t$ 12.46<\/td>\n\n\t\t\t\t\t\t\t\t2.29%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t4<\/td>\n\n\t\t\t\t\t\t\t\t CUS<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 1.09<\/td>\n\n\t\t\t\t\t\t\t\t$ 1.11<\/td>\n\n\t\t\t\t\t\t\t\t1.65%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t5<\/td>\n\n\t\t\t\t\t\t\t\t EQT<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 13.00<\/td>\n\n\t\t\t\t\t\t\t\t$ 13.17<\/td>\n\n\t\t\t\t\t\t\t\t1.31%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t6<\/td>\n\n\t\t\t\t\t\t\t\t ESG<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 0.86<\/td>\n\n\t\t\t\t\t\t\t\t$ 0.88<\/td>\n\n\t\t\t\t\t\t\t\t2.67%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t7<\/td>\n\n\t\t\t\t\t\t\t\t fxl<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 2.29<\/td>\n\n\t\t\t\t\t\t\t\t$ 2.35<\/td>\n\n\t\t\t\t\t\t\t\t2.62%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t8<\/td>\n\n\t\t\t\t\t\t\t\t LWB<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 3.50<\/td>\n\n\t\t\t\t\t\t\t\t$ 3.50<\/td>\n\n\t\t\t\t\t\t\t\t0.00%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t9<\/td>\n\n\t\t\t\t\t\t\t\t MND<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 19.54<\/td>\n\n\t\t\t\t\t\t\t\t$ 19.55<\/td>\n\n\t\t\t\t\t\t\t\t0.06%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t10<\/td>\n\n\t\t\t\t\t\t\t\t MYR<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 2.45<\/td>\n\n\t\t\t\t\t\t\t\t$ 2.51<\/td>\n\n\t\t\t\t\t\t\t\t2.41%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t11<\/td>\n\n\t\t\t\t\t\t\t\t NHC<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 6.02<\/td>\n\n\t\t\t\t\t\t\t\t$ 6.16<\/td>\n\n\t\t\t\t\t\t\t\t2.28%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t12<\/td>\n\n\t\t\t\t\t\t\t\t RXM<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 1.57<\/td>\n\n\t\t\t\t\t\t\t\t$ 1.60<\/td>\n\n\t\t\t\t\t\t\t\t1.91%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t13<\/td>\n\n\t\t\t\t\t\t\t\t WOR<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 28.51<\/td>\n\n\t\t\t\t\t\t\t\t$ 28.86<\/td>\n\n\t\t\t\t\t\t\t\t1.23%<\/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\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($)<\/th>\n\n\t\t\t\t\t\t\t\tConsensus Target($)<\/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 BEN<\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 9.43<\/td>\n\n\t\t\t\t\t\t\t\t$ 9.23<\/td>\n\n\t\t\t\t\t\t\t\t– 2.14%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t2<\/td>\n\n\t\t\t\t\t\t\t\t BKW<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 11.20<\/td>\n\n\t\t\t\t\t\t\t\t$ 11.11<\/td>\n\n\t\t\t\t\t\t\t\t– 0.85%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t3<\/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$ 3.34<\/td>\n\n\t\t\t\t\t\t\t\t$ 3.32<\/td>\n\n\t\t\t\t\t\t\t\t– 0.69%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t4<\/td>\n\n\t\t\t\t\t\t\t\t MMX<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 0.27<\/td>\n\n\t\t\t\t\t\t\t\t$ 0.22<\/td>\n\n\t\t\t\t\t\t\t\t– 18.52%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t5<\/td>\n\n\t\t\t\t\t\t\t\t OMH<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 0.67<\/td>\n\n\t\t\t\t\t\t\t\t$ 0.59<\/td>\n\n\t\t\t\t\t\t\t\t– 11.94%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t6<\/td>\n\n\t\t\t\t\t\t\t\t PXS<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 1.43<\/td>\n\n\t\t\t\t\t\t\t\t$ 1.09<\/td>\n\n\t\t\t\t\t\t\t\t– 23.99%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t7<\/td>\n\n\t\t\t\t\t\t\t\t WEB<\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 2.38<\/td>\n\n\t\t\t\t\t\t\t\t$ 2.35<\/td>\n\n\t\t\t\t\t\t\t\t– 1.26%<\/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($)<\/th>\n\n\t\t\t\t\t\t\t\tConsensus Target($)<\/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 ELD<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 0.27<\/td>\n\n\t\t\t\t\t\t\t\t$ 0.44<\/td>\n\n\t\t\t\t\t\t\t\t64.91%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t2<\/td>\n\n\t\t\t\t\t\t\t\t MAQ<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 8.20<\/td>\n\n\t\t\t\t\t\t\t\t$ 13.51<\/td>\n\n\t\t\t\t\t\t\t\t64.76%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t3<\/td>\n\n\t\t\t\t\t\t\t\t PGA<\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 0.04<\/td>\n\n\t\t\t\t\t\t\t\t$ 0.06<\/td>\n\n\t\t\t\t\t\t\t\t66.67%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t4<\/td>\n\n\t\t\t\t\t\t\t\t QRX<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 1.45<\/td>\n\n\t\t\t\t\t\t\t\t$ 2.38<\/td>\n\n\t\t\t\t\t\t\t\t64.50%<\/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\/59043"}],"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=59043"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/59043\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=59043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=59043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=59043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}