Icarus Signal New Entries For Today

This story features ANSELL LIMITED. For more info SHARE ANALYSIS: ANN

Daily update on share prices and consensus price targets.

By Rudi Filapek-Vandyck

There are four brokers covering Singapore Telecom -SingTel– ((SGT)) in the FNArena universe, but only one of these does so with an AUD price target, which explains why the "consensus" target can make rather erratic moves as it is based on one broker's decisions only. Regardless, the fact that SingTel shares have now appeared on the radar of FNArena's Icarus Signal is further testament to investors seeking out safer havens and sustainable dividend yields in a market that remains subject to downward macro-economic pressures.

The gradual recovery in the SingTel share price is aptly covered by the short history in the Icarus Signal tables: three months ago, the shares were trading more than 14% below target. One month ago this had narrowed to 10%. One week ago this had halved to 5%. Now the shares have entered the 3% zone that separates share price and target, and they continue rising on Tuesday morning.

Consensus forecasts suggest a mildly negative FY11 should be followed up by much better looking growth (9%) for both FY12 and FY13. We shall see in August, of course. Implied dividend yields are 5.4% for FY11, expected to grow to 6% in FY12.

Meanwhile, share price weakness has pushed Monadelphous ((MND)) out of the group trading above target, back in the group trading close to target. Monadelphous joins the above mentioned SingTel, as well as Ansell ((ANN)). The latter is a regular in these daily Icarus updates, suggesting heightened volatility around valuation limits.

DWS Advanced Business Solutions ((DWS)) lost its spot in this group due to share price weakness.

There are now 10 stocks trading close to target, while 23 stocks continue trading above target (including several take-over targets).

Alkane Exploration ((ALK)) has now shown up in the Bottom 50.

Investors should consider the information and data are provided for research purposes only.

Stocks <3% Below Consensus

Order Symbol Current Price($) Consensus Price($) Difference(%) 1 MND $ 18.72 $ 18.81 0.48% 2 ANN $ 13.90 $ 14.27 2.67% 3 SGT $ 2.47 $ 2.54 2.83%

Stocks Above Consensus

Order Symbol Current Price($) Consensus Price($) Difference(%)

Top 50 Stocks Furthest from Consensus

Order Symbol Current Price($) Consensus Price($) Difference(%) 1 TXN $ 0.54 $ 1.64 206.54% 2 SLX $ 2.82 $ 8.01 184.04% 3 PPX $ 0.16 $ 0.44 173.13% 4 OTH $ 0.60 $ 1.63 171.67% 5 PGA $ 0.04 $ 0.10 156.41% 6 WEC $ 1.84 $ 4.10 122.83% 7 KGL $ 0.10 $ 0.22 122.22% 8 NCR $ 0.36 $ 0.78 119.72% 9 PBD $ 0.06 $ 0.12 118.18% 10 CVN $ 0.24 $ 0.50 108.33% 11 BTA $ 0.97 $ 1.99 106.22% 12 RES $ 0.69 $ 1.40 102.90% 13 ACL $ 0.72 $ 1.44 101.40% 14 AVG $ 0.28 $ 0.55 100.00% 15 HSK $ 0.13 $ 0.26 100.00% 16 KAR $ 4.99 $ 9.68 94.07% 17 GRR $ 0.50 $ 0.96 92.60% 18 DTE $ 0.63 $ 1.20 92.00% 19 GNS $ 0.26 $ 0.49 90.20% 20 HTA $ 0.07 $ 0.13 88.41% 21 SMR $ 1.08 $ 2.03 87.96% 22 IFN $ 0.36 $ 0.66 85.92% 23 IVA $ 2.39 $ 4.40 84.10% 24 BOL $ 0.29 $ 0.53 82.76% 25 NXS $ 0.28 $ 0.51 81.43% 26 RFX $ 1.28 $ 2.32 81.25% 27 BVA $ 0.14 $ 0.25 78.57% 28 GNM $ 0.32 $ 0.56 76.19% 29 PEM $ 0.64 $ 1.10 71.88% 30 TSM $ 0.69 $ 1.17 68.84% 31 BSL $ 1.23 $ 2.07 68.65% 32 TIS $ 0.57 $ 0.95 66.67% 33 PMP $ 0.59 $ 0.97 66.32% 34 PDN $ 2.42 $ 4.02 66.24% 35 IGR $ 0.50 $ 0.83 66.00% 36 HST $ 0.15 $ 0.24 64.14% 37 IPD $ 0.70 $ 1.14 62.86% 38 KGD $ 1.57 $ 2.55 62.42% 39 MPO $ 0.78 $ 1.25 61.29% 40 NFE $ 1.78 $ 2.85 60.11% 41 PLA $ 0.39 $ 0.62 58.97% 42 PAN $ 1.71 $ 2.71 58.30% 43 RUL $ 0.41 $ 0.64 58.02% 44 MAD $ 0.23 $ 0.36 56.52% 45 COK $ 0.43 $ 0.66 53.49% 46 GBG $ 0.76 $ 1.16 52.37% 47 ALK $ 2.00 $ 3.01 50.50% 48 IAU $ 1.81 $ 2.70 49.58% 49 HZN $ 0.32 $ 0.48 49.38% 50 TAP $ 0.84 $ 1.25 49.10%

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