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Choppies Enterprises Ltd
Buy, Hold or Sell?

Let's analyse Choppies together

PenkeI guess you are interested in Choppies Enterprises Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Choppies Enterprises Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Choppies (30 sec.)










What can you expect buying and holding a share of Choppies? (30 sec.)

How much money do you get?

How much money do you get?
R0.00
When do you have the money?
1 year
How often do you get paid?
50.0%

What is your share worth?

Current worth
R3.22
Expected worth in 1 year
R120.74
How sure are you?
70.0%

+ What do you gain per year?

Total Gains per Share
R117.51
Return On Investment
192.6%

For what price can you sell your share?

Current Price per Share
R61.00
Expected price per share
R50.00 - R69.00
How sure are you?
50%

1. Valuation of Choppies (5 min.)




Live pricePrice per Share (EOD)

R61.00

Intrinsic Value Per Share

R89.88 - R420.32

Total Value Per Share

R93.10 - R423.54

2. Growth of Choppies (5 min.)




Is Choppies growing?

Current yearPrevious yearGrowGrow %
How rich?$3m-$24.9m$28m911.9%

How much money is Choppies making?

Current yearPrevious yearGrowGrow %
Making money$10.7m$10.2m$512.8k4.8%
Net Profit Margin2.3%2.3%--

How much money comes from the company's main activities?

3. Financial Health of Choppies (5 min.)




4. Comparing to competitors in the Grocery Stores industry (5 min.)




  Industry Rankings (Grocery Stores)  


Richest
#63 / 68

Most Revenue
#42 / 68

Most Profit
#39 / 68

What can you expect buying and holding a share of Choppies? (5 min.)

Welcome investor! Choppies's management wants to use your money to grow the business. In return you get a share of Choppies.

What can you expect buying and holding a share of Choppies?

First you should know what it really means to hold a share of Choppies. And how you can make/lose money.

Speculation

The Price per Share of Choppies is R61.00. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Choppies.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Choppies, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is R3.22. Based on the TTM, the Book Value Change Per Share is R29.38 per quarter. Based on the YOY, the Book Value Change Per Share is R8.24 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is R0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Choppies.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 R% of Price per ShareR% of Price per ShareR% of Price per ShareR% of Price per ShareR% of Price per Share
Usd Eps0.010.0%0.010.0%0.010.0%0.000.0%0.000.0%
Usd Book Value Change Per Share0.020.0%0.020.0%0.000.0%0.000.0%0.000.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.020.0%0.020.0%0.000.0%0.000.0%0.000.0%
Usd Price Per Share0.03-0.03-0.03-0.03-0.11-
Price to Earnings Ratio5.59-5.59-5.46-4.20-9.04-
Price-to-Total Gains Ratio2.14-2.14-7.12-11.96-22.00-
Price to Book Ratio19.56-19.56--2.24-0.50-2.11-
Price-to-Total Gains Ratio2.14-2.14-7.12-11.96-22.00-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.032208
Number of shares31048
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.020.00
Usd Total Gains Per Share0.020.00
Gains per Quarter (31048 shares)481.61-134.37
Gains per Year (31048 shares)1,926.46-537.46
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10192619160-537-547
20385338420-1075-1084
30577957680-1612-1621
40770676940-2150-2158
50963296200-2687-2695
6011559115460-3225-3232
7013485134720-3762-3769
8015412153980-4300-4306
9017338173240-4837-4843
10019265192500-5375-5380

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%3.02.00.060.0%6.04.00.060.0%9.04.00.069.2%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%3.02.00.060.0%7.03.00.070.0%10.03.00.076.9%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%5.00.05.050.0%5.00.08.038.5%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%3.02.00.060.0%7.03.00.070.0%10.03.00.076.9%

Fundamentals of Choppies

About Choppies Enterprises Ltd

Choppies Enterprises Limited operates a chain of supermarkets in Botswana, Zimbabwe, Zambia, Namibia, and internationally. The company's stores offer food, groceries, tobacco products, beauty products, and other general merchandise. It also provides value-added financial services. The company operates all its stores under the Choppies brand name. Choppies Enterprises Limited was founded in 1986 and is based in Gaborone, Botswana.

Fundamental data was last updated by Penke on 2024-03-08 20:05:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is very efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is expensive.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Choppies Enterprises Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Choppies earns for each 1 of revenue.

  • Above 10% is considered healthy but always compare Choppies to the Grocery Stores industry mean.
  • A Net Profit Margin of 2.3% means that 0.02 for each 1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Choppies Enterprises Ltd:

  • The MRQ is 2.3%. The company is making a profit. +1
  • The TTM is 2.3%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ2.3%TTM2.3%0.0%
TTM2.3%YOY2.3%0.0%
TTM2.3%5Y-0.9%+3.2%
5Y-0.9%10Y0.1%-1.0%
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3%2.2%+0.1%
TTM2.3%2.1%+0.2%
YOY2.3%2.5%-0.2%
5Y-0.9%2.5%-3.4%
10Y0.1%2.3%-2.2%
1.1.2. Return on Assets

Shows how efficient Choppies is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Choppies to the Grocery Stores industry mean.
  • 6.8% Return on Assets means that Choppies generated 0.07 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Choppies Enterprises Ltd:

  • The MRQ is 6.8%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 6.8%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ6.8%TTM6.8%0.0%
TTM6.8%YOY7.4%-0.7%
TTM6.8%5Y-3.9%+10.6%
5Y-3.9%10Y-0.9%-3.0%
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ6.8%1.2%+5.6%
TTM6.8%1.3%+5.5%
YOY7.4%1.4%+6.0%
5Y-3.9%1.2%-5.1%
10Y-0.9%1.2%-2.1%
1.1.3. Return on Equity

Shows how efficient Choppies is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Choppies to the Grocery Stores industry mean.
  • 104.3% Return on Equity means Choppies generated 1.04 for each 1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Choppies Enterprises Ltd:

  • The MRQ is 104.3%. Using its investors money, the company is very efficient in making profit. +2
  • The TTM is 104.3%. Using its investors money, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ104.3%TTM104.3%0.0%
TTM104.3%YOY-+104.3%
TTM104.3%5Y20.9%+83.4%
5Y20.9%10Y8.1%+12.7%
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ104.3%4.1%+100.2%
TTM104.3%4.3%+100.0%
YOY-4.4%-4.4%
5Y20.9%4.0%+16.9%
10Y8.1%3.6%+4.5%

1.2. Operating Efficiency of Choppies Enterprises Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Choppies is operating .

  • Measures how much profit Choppies makes for each 1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Choppies to the Grocery Stores industry mean.
  • An Operating Margin of 5.1% means the company generated 0.05  for each 1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Choppies Enterprises Ltd:

  • The MRQ is 5.1%. The company is operating less efficient.
  • The TTM is 5.1%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ5.1%TTM5.1%0.0%
TTM5.1%YOY6.4%-1.4%
TTM5.1%5Y3.6%+1.5%
5Y3.6%10Y2.9%+0.7%
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ5.1%2.9%+2.2%
TTM5.1%2.8%+2.3%
YOY6.4%4.2%+2.2%
5Y3.6%3.9%-0.3%
10Y2.9%3.7%-0.8%
1.2.2. Operating Ratio

Measures how efficient Choppies is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Grocery Stores industry mean).
  • An Operation Ratio of 0.94 means that the operating costs are 0.94 for each 1 in net sales.

Let's take a look of the Operating Ratio trends of Choppies Enterprises Ltd:

  • The MRQ is 0.941. The company is less efficient in keeping operating costs low.
  • The TTM is 0.941. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.941TTM0.9410.000
TTM0.941YOY0.935+0.005
TTM0.9415Y0.957-0.016
5Y0.95710Y0.966-0.009
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9411.578-0.637
TTM0.9411.376-0.435
YOY0.9350.986-0.051
5Y0.9571.079-0.122
10Y0.9661.068-0.102

1.3. Liquidity of Choppies Enterprises Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Choppies is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Grocery Stores industry mean).
  • A Current Ratio of 0.69 means the company has 0.69 in assets for each 1 in short-term debts.

Let's take a look of the Current Ratio trends of Choppies Enterprises Ltd:

  • The MRQ is 0.685. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.685. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.685TTM0.6850.000
TTM0.685YOY0.632+0.054
TTM0.6855Y0.598+0.088
5Y0.59810Y0.914-0.316
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6850.888-0.203
TTM0.6850.862-0.177
YOY0.6320.864-0.232
5Y0.5980.838-0.240
10Y0.9140.840+0.074
1.3.2. Quick Ratio

Measures if Choppies is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Choppies to the Grocery Stores industry mean.
  • A Quick Ratio of 0.18 means the company can pay off 0.18 for each 1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Choppies Enterprises Ltd:

  • The MRQ is 0.184. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.184. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.184TTM0.1840.000
TTM0.184YOY0.195-0.010
TTM0.1845Y0.174+0.010
5Y0.17410Y0.298-0.123
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1840.321-0.137
TTM0.1840.329-0.145
YOY0.1950.418-0.223
5Y0.1740.398-0.224
10Y0.2980.364-0.066

1.4. Solvency of Choppies Enterprises Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Choppies assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Choppies to Grocery Stores industry mean.
  • A Debt to Asset Ratio of 0.98 means that Choppies assets are financed with 98.1% credit (debt) and the remaining percentage (100% - 98.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Choppies Enterprises Ltd:

  • The MRQ is 0.981. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.981. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.981TTM0.9810.000
TTM0.981YOY1.181-0.200
TTM0.9815Y1.143-0.162
5Y1.14310Y0.847+0.296
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9810.687+0.294
TTM0.9810.687+0.294
YOY1.1810.690+0.491
5Y1.1430.693+0.450
10Y0.8470.658+0.189
1.4.2. Debt to Equity Ratio

Measures if Choppies is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Choppies to the Grocery Stores industry mean.
  • A Debt to Equity ratio of 1,514.2% means that company has 15.14 debt for each 1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Choppies Enterprises Ltd:

  • The MRQ is 15.142. The company is unable to pay all its debts with equity. -1
  • The TTM is 15.142. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ15.142TTM15.1420.000
TTM15.142YOY-+15.142
TTM15.1425Y3.028+12.113
5Y3.02810Y2.306+0.722
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ15.1422.118+13.024
TTM15.1422.175+12.967
YOY-2.230-2.230
5Y3.0282.299+0.729
10Y2.3061.987+0.319

2. Market Valuation of Choppies Enterprises Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every 1 in earnings Choppies generates.

  • Above 15 is considered overpriced but always compare Choppies to the Grocery Stores industry mean.
  • A PE ratio of 5.59 means the investor is paying 5.59 for every 1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Choppies Enterprises Ltd:

  • The EOD is 5.410. Based on the earnings, the company is cheap. +2
  • The MRQ is 5.587. Based on the earnings, the company is cheap. +2
  • The TTM is 5.587. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD5.410MRQ5.587-0.177
MRQ5.587TTM5.5870.000
TTM5.587YOY5.464+0.123
TTM5.5875Y4.200+1.387
5Y4.20010Y9.037-4.837
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
EOD5.41015.065-9.655
MRQ5.58714.692-9.105
TTM5.58715.541-9.954
YOY5.46415.445-9.981
5Y4.20016.691-12.491
10Y9.03720.643-11.606
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Choppies Enterprises Ltd:

  • The EOD is 2.660. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 2.747. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 2.747. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD2.660MRQ2.747-0.087
MRQ2.747TTM2.7470.000
TTM2.747YOY2.243+0.504
TTM2.7475Y4.481-1.734
5Y4.48110Y-2.189+6.670
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
EOD2.6605.187-2.527
MRQ2.7475.405-2.658
TTM2.7475.375-2.628
YOY2.2435.708-3.465
5Y4.4814.362+0.119
10Y-2.1894.814-7.003
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Choppies is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Grocery Stores industry mean).
  • A PB ratio of 19.56 means the investor is paying 19.56 for each 1 in book value.

Let's take a look of the Price to Book Ratio trends of Choppies Enterprises Ltd:

  • The EOD is 18.934. Based on the equity, the company is expensive. -2
  • The MRQ is 19.555. Based on the equity, the company is expensive. -2
  • The TTM is 19.555. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD18.934MRQ19.555-0.621
MRQ19.555TTM19.5550.000
TTM19.555YOY-2.243+21.798
TTM19.5555Y0.502+19.053
5Y0.50210Y2.112-1.609
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
EOD18.9342.293+16.641
MRQ19.5552.274+17.281
TTM19.5552.729+16.826
YOY-2.2432.945-5.188
5Y0.5023.111-2.609
10Y2.1123.189-1.077
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Choppies Enterprises Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--29.37929.3790%8.241+257%-8.196+128%-5.343+118%
Book Value Per Share--3.2223.2220%-26.157+912%-19.861+716%35.216-91%
Current Ratio--0.6850.6850%0.632+8%0.598+15%0.914-25%
Debt To Asset Ratio--0.9810.9810%1.181-17%1.143-14%0.847+16%
Debt To Equity Ratio--15.14215.1420%-+100%3.028+400%2.306+557%
Dividend Per Share----0%-0%-0%1.784-100%
Eps--11.27611.2760%10.739+5%-5.656+150%-3.576+132%
Free Cash Flow Per Share--22.93522.9350%26.157-12%18.307+25%2.598+783%
Free Cash Flow To Equity Per Share--9.1289.1280%1.304+600%-0.144+102%1.014+800%
Gross Profit Margin--0.8030.8030%0.821-2%0.945-15%0.828-3%
Intrinsic Value_10Y_max--420.319--------
Intrinsic Value_10Y_min--89.880--------
Intrinsic Value_1Y_max--28.185--------
Intrinsic Value_1Y_min--4.257--------
Intrinsic Value_3Y_max--95.305--------
Intrinsic Value_3Y_min--16.980--------
Intrinsic Value_5Y_max--175.227--------
Intrinsic Value_5Y_min--34.197--------
Market Cap110342289024.000-3%113960068992.000113960068992.0000%106136619811.200+7%119618385395.351-5%367791470662.810-69%
Net Profit Margin--0.0230.0230%0.023-1%-0.009+141%0.001+3326%
Operating Margin--0.0510.0510%0.064-21%0.036+41%0.029+77%
Operating Ratio--0.9410.9410%0.935+1%0.957-2%0.966-3%
Pb Ratio18.934-3%19.55519.5550%-2.243+111%0.502+3792%2.112+826%
Pe Ratio5.410-3%5.5875.5870%5.464+2%4.200+33%9.037-38%
Price Per Share61.000-3%63.00063.0000%58.675+7%66.128-5%203.324-69%
Price To Free Cash Flow Ratio2.660-3%2.7472.7470%2.243+22%4.481-39%-2.189+180%
Price To Total Gains Ratio2.076-3%2.1442.1440%7.120-70%11.955-82%22.003-90%
Quick Ratio--0.1840.1840%0.195-5%0.174+6%0.298-38%
Return On Assets--0.0680.0680%0.074-9%-0.039+157%-0.009+113%
Return On Equity--1.0431.0430%-+100%0.209+400%0.081+1184%
Total Gains Per Share--29.37929.3790%8.241+257%-8.196+128%-3.560+112%
Usd Book Value--3077008.4643077008.4640%-24982378.243+912%-18969464.132+716%33634467.101-91%
Usd Book Value Change Per Share--0.0160.0160%0.004+257%-0.004+128%-0.003+118%
Usd Book Value Per Share--0.0020.0020%-0.014+912%-0.010+716%0.019-91%
Usd Dividend Per Share----0%-0%-0%0.001-100%
Usd Eps--0.0060.0060%0.006+5%-0.003+150%-0.002+132%
Usd Free Cash Flow--21905369.77921905369.7790%24982378.243-12%17484807.548+25%2481607.099+783%
Usd Free Cash Flow Per Share--0.0120.0120%0.014-12%0.010+25%0.001+783%
Usd Free Cash Flow To Equity Per Share--0.0050.0050%0.001+600%0.000+102%0.001+800%
Usd Market Cap58260728.605-3%60170916.42860170916.4280%56040135.260+7%63158507.489-5%194193896.510-69%
Usd Price Per Share0.032-3%0.0330.0330%0.031+7%0.035-5%0.107-69%
Usd Profit--10769529.62410769529.6240%10256694.880+5%-5905673.040+155%-1882601.803+117%
Usd Revenue--471295129.735471295129.7350%442649646.177+6%481281399.528-2%518819472.625-9%
Usd Total Gains Per Share--0.0160.0160%0.004+257%-0.004+128%-0.002+112%
 EOD+4 -4MRQTTM+0 -0YOY+19 -155Y+25 -910Y+19 -17

3.2. Fundamental Score

Let's check the fundamental score of Choppies Enterprises Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-155.410
Price to Book Ratio (EOD)Between0-118.934
Net Profit Margin (MRQ)Greater than00.023
Operating Margin (MRQ)Greater than00.051
Quick Ratio (MRQ)Greater than10.184
Current Ratio (MRQ)Greater than10.685
Debt to Asset Ratio (MRQ)Less than10.981
Debt to Equity Ratio (MRQ)Less than115.142
Return on Equity (MRQ)Greater than0.151.043
Return on Assets (MRQ)Greater than0.050.068
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Choppies Enterprises Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.101
Ma 20Greater thanMa 5057.950
Ma 50Greater thanMa 10059.980
Ma 100Greater thanMa 20060.560
OpenGreater thanClose62.000
Total2/5 (40.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-06-302020-06-302021-06-302022-06-302023-06-30
Total Stockholder Equity -3,199,112-47,786,041-50,985,1533,439,711-47,545,44214,383,239-33,162,20352,726,51619,564,312
Net Tangible Assets  -15,189,399-44,916,748-60,106,1473,614,264-56,491,88316,114,472-40,377,41156,472,87416,095,463



Latest Balance Sheet

Balance Sheet of 2023-06-30. Currency in BWP. All numbers in thousands.

Summary
Total Assets2,177,000
Total Liabilities2,135,000
Total Stockholder Equity141,000
 As reported
Total Liabilities 2,135,000
Total Stockholder Equity+ 141,000
Total Assets = 2,177,000

Assets

Total Assets2,177,000
Total Current Assets847,000
Long-term Assets1,330,000
Total Current Assets
Cash And Cash Equivalents 222,000
Net Receivables 6,000
Inventory 441,000
Other Current Assets 20,000
Total Current Assets  (as reported)847,000
Total Current Assets  (calculated)689,000
+/- 158,000
Long-term Assets
Property Plant Equipment 1,267,000
Goodwill 17,000
Intangible Assets 8,000
Other Assets 38,000
Long-term Assets  (as reported)1,330,000
Long-term Assets  (calculated)1,330,000
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities1,236,000
Long-term Liabilities899,000
Total Stockholder Equity141,000
Total Current Liabilities
Short-term Debt 400,000
Short Long Term Debt 232,000
Accounts payable 616,000
Other Current Liabilities 220,000
Total Current Liabilities  (as reported)1,236,000
Total Current Liabilities  (calculated)1,468,000
+/- 232,000
Long-term Liabilities
Capital Lease Obligations 828,000
Other Liabilities 23,000
Long-term Liabilities  (as reported)899,000
Long-term Liabilities  (calculated)851,000
+/- 48,000
Total Stockholder Equity
Common Stock1,207,000
Retained Earnings -664,000
Other Stockholders Equity -402,000
Total Stockholder Equity (as reported)141,000
Total Stockholder Equity (calculated)141,000
+/-0
Other
Capital Stock1,207,000
Cash and Short Term Investments 222,000
Common Stock Shares Outstanding 1,344,959
Liabilities and Stockholders Equity 2,177,000
Net Debt 1,054,000
Net Invested Capital 589,000
Net Tangible Assets 116,000
Net Working Capital -389,000
Property Plant and Equipment Gross 2,639,000
Short Long Term Debt Total 1,276,000



Balance Sheet

Currency in BWP. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-30
> Total Assets 
823,848
1,085,111
1,306,536
1,749,471
2,418,696
2,856,135
3,421,564
3,012,720
2,187,122
1,840,801
1,703,456
1,886,000
2,177,000
2,177,0001,886,0001,703,4561,840,8012,187,1223,012,7203,421,5642,856,1352,418,6961,749,4711,306,5361,085,111823,848
   > Total Current Assets 
276,682
474,231
623,265
654,664
1,149,383
1,115,556
1,547,005
1,444,922
1,017,670
546,170
543,267
691,000
847,000
847,000691,000543,267546,1701,017,6701,444,9221,547,0051,115,5561,149,383654,664623,265474,231276,682
       Cash And Cash Equivalents 
30,066
198,070
246,839
103,499
343,821
132,457
187,746
121,376
206,715
60,727
73,920
85,000
222,000
222,00085,00073,92060,727206,715121,376187,746132,457343,821103,499246,839198,07030,066
       Short-term Investments 
3
3
3
3
3
3
3
2,190
3
3
3
39,000
0
039,0003332,1903333333
       Net Receivables 
0
0
0
89,418
203,883
196,345
279,537
242,647
128,081
78,946
79,214
89,000
6,000
6,00089,00079,21478,946128,081242,647279,537196,345203,88389,418000
       Inventory 
169,915
216,649
265,535
407,871
535,653
703,539
1,006,479
956,504
574,069
305,476
340,692
461,000
441,000
441,000461,000340,692305,476574,069956,5041,006,479703,539535,653407,871265,535216,649169,915
       Other Current Assets 
76,698
59,510
110,889
143,291
269,906
279,557
352,777
364,852
236,883
179,964
128,652
145,000
20,000
20,000145,000128,652179,964236,883364,852352,777279,557269,906143,291110,88959,51076,698
   > Long-term Assets 
547,167
610,880
683,271
1,094,808
1,269,313
1,740,579
1,874,559
1,567,798
1,169,452
1,294,631
1,160,189
1,195,000
1,330,000
1,330,0001,195,0001,160,1891,294,6311,169,4521,567,7981,874,5591,740,5791,269,3131,094,808683,271610,880547,167
       Property Plant Equipment 
224,425
274,581
346,612
597,040
746,050
1,082,968
1,206,087
1,275,628
1,056,020
1,218,626
1,087,576
1,135,000
1,267,000
1,267,0001,135,0001,087,5761,218,6261,056,0201,275,6281,206,0871,082,968746,050597,040346,612274,581224,425
       Goodwill 
0
0
0
454,042
473,526
510,620
516,554
178,983
79,731
60,730
59,157
48,000
17,000
17,00048,00059,15760,73079,731178,983516,554510,620473,526454,042000
       Intangible Assets 
0
0
0
0
0
0
0
0
6,683
5,005
5,320
4,000
8,000
8,0004,0005,3205,0056,68300000000
       Long-term Assets Other 
3
3
3
3
3
3
3
107,392
27,018
10,270
8,136
8,000
7,000
7,0008,0008,13610,27027,018107,3923333333
> Total Liabilities 
459,466
453,141
567,935
880,148
967,158
1,382,542
1,906,675
2,436,456
2,267,269
2,307,855
2,151,885
2,227,000
2,135,000
2,135,0002,227,0002,151,8852,307,8552,267,2692,436,4561,906,6751,382,542967,158880,148567,935453,141459,466
   > Total Current Liabilities 
360,306
359,302
487,293
635,701
654,729
914,470
1,235,980
1,612,517
1,489,190
1,323,259
944,777
1,094,000
1,236,000
1,236,0001,094,000944,7771,323,2591,489,1901,612,5171,235,980914,470654,729635,701487,293359,302360,306
       Short-term Debt 
58,961
53,522
57,963
111,846
141,751
185,830
231,056
245,533
310,575
494,193
303,099
312,000
400,000
400,000312,000303,099494,193310,575245,533231,056185,830141,751111,84657,96353,52258,961
       Short Long Term Debt 
0
0
0
322,010
415,342
598,727
225,068
213,178
294,272
341,077
153,654
155,000
232,000
232,000155,000153,654341,077294,272213,178225,068598,727415,342322,010000
       Accounts payable 
246,712
290,905
373,993
404,159
453,130
694,411
994,055
1,164,079
933,702
413,565
440,889
585,000
616,000
616,000585,000440,889413,565933,7021,164,079994,055694,411453,130404,159373,993290,905246,712
       Other Current Liabilities 
54,633
14,875
55,337
119,695
59,848
34,229
10,869
202,905
244,913
404,162
161,757
44,000
220,000
220,00044,000161,757404,162244,913202,90510,86934,22959,848119,69555,33714,87554,633
   > Long-term Liabilities 
99,160
93,839
80,642
244,447
312,429
468,072
670,695
823,939
778,079
984,596
1,207,108
1,133,000
899,000
899,0001,133,0001,207,108984,596778,079823,939670,695468,072312,429244,44780,64293,83999,160
       Other Liabilities 
0
0
0
34,283
38,838
55,175
108,368
115,184
151,372
29,062
18,545
16,000
23,000
23,00016,00018,54529,062151,372115,184108,36855,17538,83834,283000
> Total Stockholder Equity
364,382
631,970
738,601
862,174
1,449,503
1,474,986
1,528,100
602,322
-23,056
-367,450
-342,660
-239,000
141,000
141,000-239,000-342,660-367,450-23,056602,3221,528,1001,474,9861,449,503862,174738,601631,970364,382
   Common Stock
283,402
421,474
421,474
421,474
875,476
875,476
906,196
906,196
906,196
906,196
906,196
906,000
1,207,000
1,207,000906,000906,196906,196906,196906,196906,196875,476875,476421,474421,474421,474283,402
   Retained Earnings 
80,980
210,304
320,461
438,418
588,286
634,823
682,216
-280,257
-676,179
-1,006,538
-938,206
-798,000
-664,000
-664,000-798,000-938,206-1,006,538-676,179-280,257682,216634,823588,286438,418320,461210,30480,980
   Capital Surplus 0000000000000
   Treasury Stock0000000000000
   Other Stockholders Equity 
0
107
-3,419
2,197
-14,345
-35,400
-60,399
-23,617
-253,073
-267,108
-310,650
-347,000
-402,000
-402,000-347,000-310,650-267,108-253,073-23,617-60,399-35,400-14,3452,197-3,4191070



Balance Sheet

Currency in BWP. All numbers in thousands.




Cash Flow

Currency in BWP. All numbers in thousands.




Income Statement

Currency in BWP. All numbers in thousands.


Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue6,433,000
Cost of Revenue-5,074,000
Gross Profit1,359,0001,359,000
 
Operating Income (+$)
Gross Profit1,359,000
Operating Expense-979,000
Operating Income274,000380,000
 
Operating Expense (+$)
Research Development-
Selling General Administrative303,000
Selling And Marketing Expenses29,000
Operating Expense979,000332,000
 
Net Interest Income (+$)
Interest Income-
Interest Expense-109,000
Other Finance Cost-47,000
Net Interest Income-156,000
 
Pretax Income (+$)
Operating Income274,000
Net Interest Income-156,000
Other Non-Operating Income Expenses-
Income Before Tax (EBT)165,000383,000
EBIT - interestExpense = 218,000
162,000
256,000
Interest Expense109,000
Earnings Before Interest and Taxes (EBIT)327,000274,000
Earnings Before Interest and Taxes (EBITDA)520,000
 
After tax Income (+$)
Income Before Tax165,000
Tax Provision-15,000
Net Income From Continuing Ops150,000150,000
Net Income147,000
Net Income Applicable To Common Shares147,000
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses6,053,000
Total Other Income/Expenses Net-109,000156,000
 

Technical Analysis of Choppies
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Choppies. The general trend of Choppies is BEARISH with 42.9% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Choppies's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-42.9%) Bearish trend (42.9%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Choppies Enterprises Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 66.00 < 67.00 < 69.00.

The bearish price targets are: 53.00 > 50.00 > 50.00.

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Choppies Enterprises Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Choppies Enterprises Ltd. The current mas is .

The long score for the Moving Averages is 4/14.
The longshort score for the Moving Averages is -6/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Choppies Enterprises Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Choppies Enterprises Ltd. The current macd is 0.20515138.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Choppies price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Choppies. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Choppies price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Choppies Enterprises Ltd Daily Moving Average Convergence/Divergence (MACD) ChartChoppies Enterprises Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Choppies Enterprises Ltd. The current adx is 23.40.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Choppies shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Choppies Enterprises Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Choppies Enterprises Ltd. The current sar is 54.77.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Choppies Enterprises Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Choppies Enterprises Ltd. The current rsi is 53.10. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending down: The RSI is trending down. -1
Choppies Enterprises Ltd Daily Relative Strength Index (RSI) ChartChoppies Enterprises Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Choppies Enterprises Ltd. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Choppies price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Choppies Enterprises Ltd Daily Stochastic Oscillator ChartChoppies Enterprises Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Choppies Enterprises Ltd. The current cci is 68.10.

Choppies Enterprises Ltd Daily Commodity Channel Index (CCI) ChartChoppies Enterprises Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Choppies Enterprises Ltd. The current cmo is 10.48.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Choppies Enterprises Ltd Daily Chande Momentum Oscillator (CMO) ChartChoppies Enterprises Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Choppies Enterprises Ltd. The current willr is -42.85714286.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Choppies is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Choppies Enterprises Ltd Daily Williams %R ChartChoppies Enterprises Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Choppies Enterprises Ltd.

Choppies Enterprises Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Choppies Enterprises Ltd. The current atr is 3.72748367.

Choppies Enterprises Ltd Daily Average True Range (ATR) ChartChoppies Enterprises Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Choppies Enterprises Ltd. The current obv is 31,172,502.

Choppies Enterprises Ltd Daily On-Balance Volume (OBV) ChartChoppies Enterprises Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Choppies Enterprises Ltd. The current mfi is 98.74.

The long score for the Money Flow Index (MFI) is 2/2.
The longshort score for the Money Flow Index (MFI) is 2/(-2 +2).

  • MFI > 50: +1
  • MFI > 80: +1
Choppies Enterprises Ltd Daily Money Flow Index (MFI) ChartChoppies Enterprises Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Choppies Enterprises Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-27WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-13BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-29CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-26CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-31SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-12CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Choppies Enterprises Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Choppies Enterprises Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.101
Ma 20Greater thanMa 5057.950
Ma 50Greater thanMa 10059.980
Ma 100Greater thanMa 20060.560
OpenGreater thanClose62.000
Total2/5 (40.0%)
Penke

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