Fundamental Analysis – Multiples Approach
I’ll begin my brief analysis of Bloomberry Resorts Corporation (BLOOM) on fundamental analysis by citing one of the popular methods of stock valuation – the Multiples Approach.
By looking at the table below, you will understand that BLOOM is overvalued compared to the multiples of the Services or Casinos & Gaming sector.
If you’re the kind of an investor whose bias is more on the fundamental side of the analysis, you would want BLOOM to register either a fairly valued or an undervalued valuation as far as Multiples Valuation is concerned.
| Financial Ratio | Stock | Sector | Valuation |
| P/E Ratio TTM | 14.21 | 13.85 | Overvalued |
| Price to Sales TTM | 2.73 | 1.9 | Overvalued |
| Price to Cash Flow MRQ | 9.29 | – | N/A |
| Price to Free Cash Flow TTM | 7.83 | 26.96 | Undervalued |
| Price to Book MRQ | 3.19 | 1.67 | Overvalued |
| Price to Tangible Book MRQ | 3.39 | 1.67 | Overvalued |
Technical Analysis
Bloomberry Resorts Corporation (BLOOM) is in a bearish territory since the long-term simple moving averages are above the shorter-term moving averages. BLOOM tried to bounce back above the resistance at 11.67 this June but the overall bearish sentiment of the market just dragged BLOOM’s market price down.
BLOOM is now at the verge of re-testing the previous support at 8.80. If BLOOM breaks down below 8.80, watch out for 7.00 (next support). The Daily Stochastic also shows that BLOOM is already in the oversold territory.
If you are planning to trade BLOOM on a short-term basis, you have to wait for high-conviction buy signals to appear from any technical indicator or oscillator you’re familiar with.
Wait for the market price of BLOOM to go back to the level of the 10SMA and for the MACD to cross above the signal line if you wish to trade BLOOM.
Volume
As of June 26, 2018, at 03:30PM, the volume of BLOOM is 101.49% of the previous trading day.
Remember these two things:
- If the closing price is bullish and the volume is above its 30-day volume average, the bullish price might continue.
- If the closing price is bearish and the volume is below the 30-day volume average, the bearish price might continue.
Price-Volume Distribution
BLOOM might play within the 9.50-9.60 range, or below, by the next trading day based on what I see on our Price-Volume Distribution chart.
Risk Level
BLOOM has a MODERATE RISK level due to its risk percentage of 58.57%.
Foreign Fund Flow
BLOOM registered a Net Foreign Selling worth P8,056,643.00 as of June 26, 2018. On a 30-day trading period, BLOOM is on a Net Foreign Selling worth PHP351,299,592.00.
Top 10 Players’ Sentiment – June MTD (June 1 to 26)
Participants with a 100% Buying and Selling Activity from Jun-01-2018 to Jun-26-2018 at 03:30PM:
- 9 out of 96 participants or 9.38% of all participants registered a 100% BUYING activity
- 4 out of 96 participants or 4.17% of all participants registered a 100% SELLING activity
- Top 10 Players’ Buying Average: 10.7174
- Top 10 Players’ Selling Average: 10.6936
The psychological average price of the top 10 players from Jun-01-2018 to Jun-26-2018 is from 10.6936 to 10.6936.
Top 10 Players’ Sentiment – June 26, 2018
Participants with a 100% Buying and Selling Activity as of Jun-26-2018 at 03:30PM:
- 19 out of 40 participants or 47.50% of all participants registered a 100% BUYING activity
- 6 out of 40 participants or 15.00% of all participants registered a 100% SELLING activity
- Top 10 Players’ Buying Average: 9.6550
- Top 10 Players’ Selling Average: 9.7027
The psychological average price of the top 10 players as of Jun-26-2018 is from 9.6550 to 9.7027.
Why Did I Invent the Top 10 Players Chart and Sentiment Generator?
I needed to know the psychological average price of the top 10 brokers who have traded a specific stock within a specific time period.
I needed to know the buying average of the top 10 brokers who have traded a specific stock within a specific time period.
I needed to know the selling average of the top 10 brokers who have traded a specific stock within a specific time period.
I wanted to know how many brokers, out of all the brokers who have traded a specific stock within a specific time period, registered a 100% buying activity.
I wanted to know how many brokers, out of all the brokers who have traded a specific stock within a specific time period, registered a 100% selling activity.
The buying and selling averages of the top 10 brokers are a sneak preview of the range of their collective average price.
If I know the psychological average price of the top 10 brokers who have traded a stock, I can calculate in my mind how much more could a trader, with an X percentage of risk tolerance, afford to hold should the stock’s price go south.
This is how we mentor our clients who subscribe to our Top Stock Picks.
We do not tell our customers to buy this and sell that.
We show them our data-driven basis so they know what we know.
Our customers are not blind-followers but well-informed investors.
Our customers are better investors than most.
When you ask our customers why they buy the stocks that we recommend, you better get your pen and paper handy.
They will not answer, “Because I was told to buy it.”
They will narrate our data-driven basis like how I narrated the summary of my analysis in this article.
At Equilyst Analytics, our customers learn and earn.
Read this article if you want to become a better investor, too.
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