mark2017's Stocks to Watch

Acanthe Developpement (ENXTPA:ACAN) Gross Margin Score Update
June 26, 2017
Investors may be interested in viewing the Gross Margin score on shares of Acanthe Developpement (ENXTPA:ACAN). The name currently has a score of 34.00000. This score is derived from the Gross Margin (Marx) stability and growth over the previous eight years. The Gross Margin score lands on a scale from 1 to 100 where a score of 1 would be considered positive, and a score of 100 would be seen as negative. The low score of 34.00000 for Acanthe Developpement indicates a top score for stability and growth.

Checking in on some valuation rankings, Acanthe Developpement (ENXTPA:ACAN) has a Value Composite score of 50. Developed by James O’Shaughnessy, the VC score uses five valuation ratios. These ratios are price to earnings, price to cash flow, EBITDA to EV, price to book value, and price to sales. The VC is displayed as a number between 1 and 100. In general, a company with a score closer to 0 would be seen as undervalued, and a score closer to 100 would indicate an overvalued company. Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is currently sitting at 38.

After a recent scan, we can see that Acanthe Developpement (ENXTPA:ACAN) has a Shareholder Yield of 0.555555 and a Shareholder Yield (Mebane Faber) of 0.79759. The first value is calculated by adding the dividend yield to the percentage of repurchased shares. The second value adds in the net debt repaid yield to the calculation. Shareholder yield has the ability to show how much money the firm is giving back to shareholders via a few different avenues. Companies may issue new shares and buy back their own shares. This may occur at the same time. Investors may also use shareholder yield to gauge a baseline rate of return.

At the time of writing, Acanthe Developpement (ENXTPA:ACAN) has a Piotroski F-Score of 6. The F-Score may help discover companies with strengthening balance sheets. The score may also be used to spot the weak performers. Joseph Piotroski developed the F-Score which employs nine different variables based on the company financial statement. A single point is assigned to each test that a stock passes. Typically, a stock scoring an 8 or 9 would be seen as strong. On the other end, a stock with a score from 0-2 would be viewed as weak.

Acanthe Developpement (ENXTPA:ACAN) has a current ERP5 Rank of 10113 . The ERP5 Rank may assist investors with spotting companies that are undervalued. This ranking uses four ratios. These ratios are Earnings Yield, ROIC, Price to Book, and 5 year average ROIC. When looking at the ERP5 ranking, it is generally considered the lower the value, the better.

Shifting gears, we can see that Acanthe Developpement (ENXTPA:ACAN) has a Q.i. Value of 80.00000. The Q.i. Value ranks companies using four ratios. These ratios consist of EBITDA Yield, FCF Yield, Liquidity, and Earnings Yield. The purpose of the Q.i. Value is to help identify companies that are the most undervalued. Typically, the lower the value, the more undervalued the company tends to be.


https://buckeyebusinessreview.com/2...ppement-enxtpaacan-gross-margin-score-update/
 
Is Childcare Australia’s Golden Investment Opportunity?
27th June 2017 | Category: Australia, Commercial, Companies, News, Opinion, Research, Transactions | Staff Writer


By Michael Kark, Director of Monark Property Partners

New government childcare rebates, coupled with a number of other well-timed market changes, have seen the Early Childhood Development and Care (ECDC) industry become an asset class to watch for astute investors.

A recent white paper, Child Care: Australia’s Burgeoning Real Estate Investment Class, by Colliers International identified an 800 per cent increase in the number of sales of child care centres from 2008 to 2016, with the highest volume of activity concentrated across the east coast.

The growth of the industry is supported by several key factors that effectively de-risk the asset class.

History of strong yields
The childcare industry has historically recorded higher yields and stronger transaction volumes than its counterparts in the office, retail and industrial sectors. For example, in September 2010 the highest yield of the past decade was recorded at 14 per cent garnered.

The spate of new competition amongst childcare operators and investors saw a sharpening of transaction yields and as a result, the industry is showing clear signs of maturity as the performance gap closes compared to other sectors.

As the market matures industry yields have consolidated. According to Savills Australia, yields have been peaking at the 6 to 7 per cent range over the past 12 to 18 months



Long term tenancy agreements
Unlike other commercial asset classes where tenancy agreements tend to be an average of ten years, the ECDC industry leases are normally 15 to 20 years, providing more certainty and stability for landlords and investors.

The stability of these tenancy agreements are amplified by the triple net-lease tenancy model used throughout the market. Under this agreement, operators are responsible for paying the building property taxes, insurance and maintenance which, under most other lease types, would fall to the landlord.

Government support
In May this year, the federal budget outlined significant changes to the childcare rebate system and will soon offer subsidies relative to income – skewed to favour lower income earners.

To take effect on 1 July 2018, the new childcare packages will provide families earning less than $65,000 per annum with an 85 per cent rebate, tapering off to 20 per cent for households earning $250,000 – $340,000.

The government objective is to incentivise families to return to work by increasing accessibility to childcare services, which may have been, until now, out of reach. A secondary objective is to invest in ECDC industry and positively impact yields, which will attract investment and generate competition and enforce pressure for higher quality of child care services nationwide.



Steady demand
According to a report released in 2017 by Early Childhood Development Agency (ECDA) since 2013 there has been a 39 per cent increase in the number of children enrolled in child care facilities and only 26 per cent increase in the number of child care centres nationwide.

The increased demand was underpinned be steady population growth as well as the female workforce participation rates, which have been on a consistent upturn since the 1980s.

The legislative changes ensure resilience of consumer income in an economic downturn for this asset and reinforces the childcare freehold as a protected asset class.

“When the above is considered, the case for child care as an asset class becomes compelling,” Colliers International said in their report.

“There are few asset classes that are comparable in terms of being able to offer secure, long-dated income profile that is underpinned by explicit government support.

“This asset is future-proofed with a long history of good performance and underlying social trends that continue to support its strength.

“Backed by a sound track record and with more potential to be unlocked come 1 July 2018, developers would do well to factor this strength into their portfolios for the years ahead.”

About Michael Kark: Michael is a co-founder and Executive Director of Monark Property Partners.

Within Monark, Michael is primarily responsible for setting the strategic direction, deal execution, capital raising and overseeing transaction management. Michael has a detailed understanding of property finance and a strong track record of managing third party capital.

Prior to establishing Monark Property Partners, Michael was the head of Development Asset Finance for a boutique property finance business. Prior to that Michael spent 8 years as an executive within the property division of an international investment bank. Michael started his career as a senior consultant at an international accounting firm.

Michael holds a Master of Business Administration and a Bachelor of Medicine and Surgery from the University of Cape Town
 
Neometals

Neometals Ltd and Mineral Resources Ltd update on offtake pricing
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The Mt Marion Lithium Operations are located in Western Australia.

Mt Marion
Neometals Ltd (ASX:NMT) and Mineral Resources Ltd (ASX:MIN) has provided an update from the Mt Marion Lithium Operations.

Pursuant to the terms of the Offtake Agreement with their partner, Ganfeng Lithium, effective from 1 July 2017 the price payable per dry metric tonne of 6% spodumene concentrate produced at Mt Marion and delivered CFR China (Incoterms 2010) increased to US$841 from US$750.

Currently, Neometals has a sale process underway for its 13.8% equity in Mt Marion.
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http://www.neometals.com.au/
 
Dividendes

016 23/11/2016 25/11/2016 Acompte 0.30€
2015 17/08/2015 19/08/2015 Acompte 0.27€
2014 25/08/2014 24/09/2014 Total 0.03€
2013 27/08/2013 26/09/2013 Total 0.06€
2012 28/08/2012 27/09/2012 Total 0.09€
2011 28/11/2011 31/12/2011 Exceptionnel 0.60€
2011 30/08/2011 29/09/2011 Solde 0.33€
2011 26/05/2011 31/05/2011 Acompte 0.14€
2010 20/08/2010 17/09/2010 Total 0.15€
2009 23/06/2009 03/07/2009 Total 0.04€
2008 03/07/2008 03/07/2008 Solde 0.19€
2008 05/06/2008 05/06/2008 Acompte 0.20€
2007 28/05/2007 28/05/2007 Solde 0.13€
2007 23/03/2007 23/03/2007 Acompte 0.16€
2006 17/11/2006 17/11/2006 Solde 0.30€
2006 23/08/2006 23/08/2006 Acompte 0.15€
2006 31/07/2006 31/07/2006 Acompte 0.13€
2005 06/06/2005 06/06/2005 Total 0.70€
2004 30/06/2004 29/07/2004 Total 0.10€
2003 30/09/2003 30/09/2003 Total 0.33€
Rendements annuels


https://www.tradingsat.com/acanthe-d...dividende.html
 
07.07.17 | 6:10 AM
Tesla will build the world’s largest lithium-ion battery for Australia
The 100-megawatt (129-megawatt hour) battery will operate around the clock in South Australia in an attempt to stave off future blackouts that have plagued the country, reports the BBC. If the power grid in South Australia becomes overloaded, the battery should kick in to keep homes and infrastructure juiced up. To put Tesla's massive battery in perspective, the world's next largest battery is only 30 megawatts. MG

https://news.fastcompany.com/tesla-...est-lithium-ion-battery-for-australia-4042725
 
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