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Sasfin
Buy, Hold or Sell?

Let's analyse Sasfin together

PenkeI guess you are interested in Sasfin. 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 Sasfin. 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 Sasfin (30 sec.)










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

How much money do you get?

How much money do you get?
R0.26
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
R5,376.41
Expected worth in 1 year
R4,995.90
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
R111.57
Return On Investment
7.1%

For what price can you sell your share?

Current Price per Share
R1,575.00
Expected price per share
R1,400 - R
How sure are you?
50%

1. Valuation of Sasfin (5 min.)




Live pricePrice per Share (EOD)

R1,575.00

Intrinsic Value Per Share

R-50,050.86 - R-4,776.42

Total Value Per Share

R-44,674.45 - R599.98

2. Growth of Sasfin (5 min.)




Is Sasfin growing?

Current yearPrevious yearGrowGrow %
How rich?$87.3m$88.9m-$1.5m-1.8%

How much money is Sasfin making?

Current yearPrevious yearGrowGrow %
Making money$5.7m$8.2m-$2.5m-44.2%
Net Profit Margin7.6%12.0%--

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

3. Financial Health of Sasfin (5 min.)




4. Comparing to competitors in the Banks - Regional industry (5 min.)




  Industry Rankings (Banks - Regional)  

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

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

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

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

Speculation

The Price per Share of Sasfin is R1,575. 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 Sasfin.
  • 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 Sasfin, 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 R5,376.41. Based on the TTM, the Book Value Change Per Share is R-95.13 per quarter. Based on the YOY, the Book Value Change Per Share is R481.67 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 R123.02 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Sasfin.

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 Eps0.190.0%0.190.0%0.320.0%0.150.0%0.220.0%
Usd Book Value Change Per Share-0.050.0%-0.050.0%0.250.0%-0.010.0%0.080.0%
Usd Dividend Per Share0.060.0%0.060.0%0.090.0%0.080.0%0.110.0%
Usd Total Gains Per Share0.010.0%0.010.0%0.340.0%0.080.0%0.200.0%
Usd Price Per Share1.24-1.24-1.53-1.37-2.02-
Price to Earnings Ratio6.63-6.63-4.84-4.19-6.90-
Price-to-Total Gains Ratio84.08-84.08-4.46-1.62-5.05-
Price to Book Ratio0.44-0.44-0.53-0.49-0.77-
Price-to-Total Gains Ratio84.08-84.08-4.46-1.62-5.05-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.8316
Number of shares1202
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.060.08
Usd Book Value Change Per Share-0.05-0.01
Usd Total Gains Per Share0.010.08
Gains per Quarter (1202 shares)17.7093.78
Gains per Year (1202 shares)70.81375.12
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1312-24161405-30365
2625-483132810-60740
3937-7242031216-901115
41249-9662741621-1201490
51561-12073452026-1501865
61874-14494162431-1812240
72186-16904872836-2112615
82498-19325583242-2412990
92811-21736293647-2713365
103123-24157004052-3013740

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%4.01.00.080.0%9.01.00.090.0%21.01.00.095.5%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%7.03.00.070.0%17.04.01.077.3%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%18.00.04.081.8%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%8.02.00.080.0%19.03.00.086.4%

Fundamentals of Sasfin

About Sasfin

Sasfin Holdings Limited operates as a bank controlling company that provides various financial products and services primarily in South Africa. It operates through Asset Finance, Business and Commercial Banking, and Wealth segments. The company offers business banking, which includes investment accounts, transactional banking, treasury, forex, debt capital market, and equipment finance services. It also provides commercial banking products, such as private equity, debtor finance, and trade finance services. In addition, the company offers asset management and consulting, health consulting, online investing, portfolio management and stockbroking, wealth advisory, online investment platform, and fixed income products and services, as well as fiduciary solutions and retirement funds. Further, the company provides specialized. It serves private clients, asset suppliers, small and medium businesses, corporates, institutions, and corporates. Sasfin Holdings Limited was founded in 1951 and is headquartered in Johannesburg, South Africa.

Fundamental data was last updated by Penke on 2024-03-18 12:43:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is very 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 cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Sasfin.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Sasfin to the Banks - Regional industry mean.
  • A Net Profit Margin of 7.6% means that 0.08 for each 1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Sasfin:

  • The MRQ is 7.6%. The company is making a profit. +1
  • The TTM is 7.6%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ7.6%TTM7.6%0.0%
TTM7.6%YOY12.0%-4.3%
TTM7.6%5Y7.5%+0.1%
5Y7.5%10Y12.3%-4.8%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ7.6%18.4%-10.8%
TTM7.6%28.0%-20.4%
YOY12.0%25.2%-13.2%
5Y7.5%22.8%-15.3%
10Y12.3%19.8%-7.5%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Sasfin to the Banks - Regional industry mean.
  • 0.8% Return on Assets means that Sasfin generated 0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Sasfin:

  • The MRQ is 0.8%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.8%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.8%TTM0.8%0.0%
TTM0.8%YOY1.2%-0.4%
TTM0.8%5Y0.7%+0.1%
5Y0.7%10Y1.2%-0.5%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8%0.1%+0.7%
TTM0.8%0.2%+0.6%
YOY1.2%0.2%+1.0%
5Y0.7%0.2%+0.5%
10Y1.2%0.2%+1.0%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Sasfin to the Banks - Regional industry mean.
  • 6.6% Return on Equity means Sasfin generated 0.07 for each 1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Sasfin:

  • The MRQ is 6.6%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 6.6%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ6.6%TTM6.6%0.0%
TTM6.6%YOY9.3%-2.7%
TTM6.6%5Y5.5%+1.1%
5Y5.5%10Y8.7%-3.3%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ6.6%1.4%+5.2%
TTM6.6%2.5%+4.1%
YOY9.3%2.7%+6.6%
5Y5.5%2.5%+3.0%
10Y8.7%2.8%+5.9%

1.2. Operating Efficiency of Sasfin.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Sasfin is operating .

  • Measures how much profit Sasfin 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 Sasfin to the Banks - Regional industry mean.
  • An Operating Margin of 9.0% means the company generated 0.09  for each 1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Sasfin:

  • The MRQ is 9.0%. The company is operating less efficient.
  • The TTM is 9.0%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ9.0%TTM9.0%0.0%
TTM9.0%YOY-4.0%+13.0%
TTM9.0%5Y16.8%-7.7%
5Y16.8%10Y46.0%-29.2%
1.2.2. Operating Ratio

Measures how efficient Sasfin is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • An Operation Ratio of 0.75 means that the operating costs are 0.75 for each 1 in net sales.

Let's take a look of the Operating Ratio trends of Sasfin:

  • The MRQ is 0.749. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.749. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.749TTM0.7490.000
TTM0.749YOY0.690+0.059
TTM0.7495Y0.751-0.002
5Y0.75110Y0.730+0.021

1.3. Liquidity of Sasfin.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
  • A Current Ratio of 2.22 means the company has 2.22 in assets for each 1 in short-term debts.

Let's take a look of the Current Ratio trends of Sasfin:

  • The MRQ is 2.217. The company is able to pay all its short-term debts. +1
  • The TTM is 2.217. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.217TTM2.2170.000
TTM2.217YOY3.659-1.442
TTM2.2175Y6.326-4.109
5Y6.32610Y3.962+2.363
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
TTM2.2170.124+2.093
YOY3.6590.225+3.434
5Y6.3260.219+6.107
10Y3.9620.131+3.831
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Sasfin to the Banks - Regional industry mean.
  • A Quick Ratio of 2.22 means the company can pay off 2.22 for each 1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Sasfin:

  • The MRQ is 2.217. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.217. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.217TTM2.2170.000
TTM2.217YOY10.700-8.483
TTM2.2175Y11.334-9.117
5Y11.33410Y6.196+5.138

1.4. Solvency of Sasfin.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Sasfin to Banks - Regional industry mean.
  • A Debt to Asset Ratio of 0.88 means that Sasfin assets are financed with 88.2% credit (debt) and the remaining percentage (100% - 88.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Sasfin:

  • The MRQ is 0.882. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.882. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.882TTM0.8820.000
TTM0.882YOY0.872+0.010
TTM0.8825Y0.875+0.007
5Y0.87510Y0.868+0.007
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8820.915-0.033
TTM0.8820.917-0.035
YOY0.8720.919-0.047
5Y0.8750.919-0.044
10Y0.8680.927-0.059
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Sasfin to the Banks - Regional industry mean.
  • A Debt to Equity ratio of 747.0% means that company has 7.47 debt for each 1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Sasfin:

  • The MRQ is 7.470. The company is unable to pay all its debts with equity. -1
  • The TTM is 7.470. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ7.470TTM7.4700.000
TTM7.470YOY6.790+0.680
TTM7.4705Y7.037+0.433
5Y7.03710Y6.667+0.370
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ7.47010.829-3.359
TTM7.47011.013-3.543
YOY6.79011.363-4.573
5Y7.03711.437-4.400
10Y6.66713.038-6.371

2. Market Valuation of Sasfin

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 Sasfin generates.

  • Above 15 is considered overpriced but always compare Sasfin to the Banks - Regional industry mean.
  • A PE ratio of 6.63 means the investor is paying 6.63 for every 1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Sasfin:

  • The EOD is 4.454. Based on the earnings, the company is cheap. +2
  • The MRQ is 6.631. Based on the earnings, the company is cheap. +2
  • The TTM is 6.631. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD4.454MRQ6.631-2.177
MRQ6.631TTM6.6310.000
TTM6.631YOY4.835+1.796
TTM6.6315Y4.186+2.445
5Y4.18610Y6.901-2.715
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD4.4547.398-2.944
MRQ6.6316.680-0.049
TTM6.6315.295+1.336
YOY4.8356.943-2.108
5Y4.1869.770-5.584
10Y6.9019.943-3.042
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -0.677. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -1.007. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -1.007. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.677MRQ-1.007+0.331
MRQ-1.007TTM-1.0070.000
TTM-1.007YOY-2.420+1.412
TTM-1.0075Y-1.051+0.044
5Y-1.05110Y1.081-2.132
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD-0.677-2.069+1.392
MRQ-1.007-1.868+0.861
TTM-1.007-0.342-0.665
YOY-2.4206.448-8.868
5Y-1.0510.429-1.480
10Y1.0810.091+0.990
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • A PB ratio of 0.44 means the investor is paying 0.44 for each 1 in book value.

Let's take a look of the Price to Book Ratio trends of Sasfin:

  • The EOD is 0.293. Based on the equity, the company is cheap. +2
  • The MRQ is 0.436. Based on the equity, the company is cheap. +2
  • The TTM is 0.436. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.293MRQ0.436-0.143
MRQ0.436TTM0.4360.000
TTM0.436YOY0.528-0.092
TTM0.4365Y0.488-0.051
5Y0.48810Y0.769-0.281
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD0.2930.427-0.134
MRQ0.4360.386+0.050
TTM0.4360.470-0.034
YOY0.5280.642-0.114
5Y0.4880.795-0.307
10Y0.7691.025-0.256
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Sasfin 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---95.126-95.1260%481.674-120%-11.850-88%156.333-161%
Book Value Per Share--5376.4055376.4050%5471.531-2%5341.924+1%5109.797+5%
Current Ratio--2.2172.2170%3.659-39%6.326-65%3.962-44%
Debt To Asset Ratio--0.8820.8820%0.872+1%0.875+1%0.868+2%
Debt To Equity Ratio--7.4707.4700%6.790+10%7.037+6%6.667+12%
Dividend Per Share--123.018123.0180%166.510-26%159.615-23%216.852-43%
Eps--353.646353.6460%597.475-41%293.056+21%412.447-14%
Free Cash Flow Per Share---2327.718-2327.7180%-1193.994-49%-1155.936-50%-123.818-95%
Free Cash Flow To Equity Per Share--387.494387.4940%-1741.269+549%-806.501+308%208.701+86%
Gross Profit Margin--0.6460.6460%0.772-16%0.878-26%0.939-31%
Intrinsic Value_10Y_max---4776.421--------
Intrinsic Value_10Y_min---50050.857--------
Intrinsic Value_1Y_max---200.763--------
Intrinsic Value_1Y_min---2476.006--------
Intrinsic Value_3Y_max---814.980--------
Intrinsic Value_3Y_min---9682.938--------
Intrinsic Value_5Y_max---1684.510--------
Intrinsic Value_5Y_min---19293.462--------
Market Cap48467160000.000-49%72162326215.00072162326215.0000%88902754983.000-19%82178795303.600-12%121206000830.300-40%
Net Profit Margin--0.0760.0760%0.120-36%0.075+2%0.123-38%
Operating Margin--0.0900.0900%-0.040+144%0.168-46%0.460-80%
Operating Ratio--0.7490.7490%0.690+9%0.7510%0.730+3%
Pb Ratio0.293-49%0.4360.4360%0.528-17%0.488-11%0.769-43%
Pe Ratio4.454-49%6.6316.6310%4.835+37%4.186+58%6.901-4%
Price Per Share1575.000-49%2345.0002345.0000%2889.000-19%2598.800-10%3820.300-39%
Price To Free Cash Flow Ratio-0.677+33%-1.007-1.0070%-2.420+140%-1.051+4%1.081-193%
Price To Total Gains Ratio56.469-49%84.07684.0760%4.457+1786%1.623+5079%5.047+1566%
Quick Ratio--2.2172.2170%10.700-79%11.334-80%6.196-64%
Return On Assets--0.0080.0080%0.012-35%0.007+14%0.012-34%
Return On Equity--0.0660.0660%0.093-29%0.055+20%0.087-25%
Total Gains Per Share--27.89127.8910%648.184-96%147.764-81%373.185-93%
Usd Book Value--87356174.40087356174.4000%88901788.800-2%89177848.320-2%85544268.480+2%
Usd Book Value Change Per Share---0.050-0.0500%0.254-120%-0.006-88%0.083-161%
Usd Book Value Per Share--2.8392.8390%2.889-2%2.821+1%2.698+5%
Usd Dividend Per Share--0.0650.0650%0.088-26%0.084-23%0.114-43%
Usd Eps--0.1870.1870%0.315-41%0.155+21%0.218-14%
Usd Free Cash Flow---37820904.000-37820904.0000%-19400092.800-49%-19120442.880-49%-1904633.280-95%
Usd Free Cash Flow Per Share---1.229-1.2290%-0.630-49%-0.610-50%-0.065-95%
Usd Free Cash Flow To Equity Per Share--0.2050.2050%-0.919+549%-0.426+308%0.110+86%
Usd Market Cap25590660.480-49%38101708.24238101708.2420%46940654.631-19%43390403.920-12%63996768.438-40%
Usd Price Per Share0.832-49%1.2381.2380%1.525-19%1.372-10%2.017-39%
Usd Profit--5746065.6005746065.6000%8288016.000-31%4871423.040+18%7283527.680-21%
Usd Revenue--75203726.40075203726.4000%69200736.000+9%64035913.920+17%60678990.240+24%
Usd Total Gains Per Share--0.0150.0150%0.342-96%0.078-81%0.197-93%
 EOD+3 -5MRQTTM+0 -0YOY+7 -295Y+15 -2110Y+11 -25

3.2. Fundamental Score

Let's check the fundamental score of Sasfin based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-154.454
Price to Book Ratio (EOD)Between0-10.293
Net Profit Margin (MRQ)Greater than00.076
Operating Margin (MRQ)Greater than00.090
Quick Ratio (MRQ)Greater than12.217
Current Ratio (MRQ)Greater than12.217
Debt to Asset Ratio (MRQ)Less than10.882
Debt to Equity Ratio (MRQ)Less than17.470
Return on Equity (MRQ)Greater than0.150.066
Return on Assets (MRQ)Greater than0.050.008
Total7/10 (70.0%)

3.3. Technical Score

Let's check the technical score of Sasfin based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5038.974
Ma 20Greater thanMa 501,635.350
Ma 50Greater thanMa 1002,038.600
Ma 100Greater thanMa 2002,337.230
OpenGreater thanClose1,515.000
Total1/5 (20.0%)



Latest Balance Sheet

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

Summary
Total Assets14,013,082
Total Liabilities12,358,609
Total Stockholder Equity1,654,473
 As reported
Total Liabilities 12,358,609
Total Stockholder Equity+ 1,654,473
Total Assets = 14,013,082

Assets

Total Assets14,013,082
Total Current Assets2,618,367
Long-term Assets2,150,413
Total Current Assets
Cash And Cash Equivalents 866,637
Net Receivables 1,751,730
Inventory -3,907,875
Other Current Assets 3,907,875
Total Current Assets  (as reported)2,618,367
Total Current Assets  (calculated)2,618,367
+/-0
Long-term Assets
Property Plant Equipment 164,536
Goodwill 32,252
Long Term Investments 1,874,928
Intangible Assets 78,697
Long-term Assets Other -64,228
Long-term Assets  (as reported)2,150,413
Long-term Assets  (calculated)2,086,185
+/- 64,228

Liabilities & Shareholders' Equity

Total Current Liabilities1,181,184
Long-term Liabilities4,261,225
Total Stockholder Equity1,654,473
Total Current Liabilities
Short-term Debt 1,190,226
Accounts payable 1,181,184
Other Current Liabilities -1,181,184
Total Current Liabilities  (as reported)1,181,184
Total Current Liabilities  (calculated)1,190,226
+/- 9,042
Long-term Liabilities
Long-term Liabilities  (as reported)4,261,225
Long-term Liabilities  (calculated)0
+/- 4,261,225
Total Stockholder Equity
Common Stock323
Retained Earnings 1,527,382
Other Stockholders Equity 126,768
Total Stockholder Equity (as reported)1,654,473
Total Stockholder Equity (calculated)1,654,473
+/-0
Other
Capital Stock323
Cash and Short Term Investments 866,637
Common Stock Shares Outstanding 30,773
Current Deferred Revenue-9,042
Liabilities and Stockholders Equity 14,013,082
Net Debt 3,394,588
Net Invested Capital 5,764,180
Net Working Capital 1,437,183
Property Plant and Equipment Gross 418,306
Short Long Term Debt Total 4,261,225



Balance Sheet

Currency in ZAR. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-302009-06-302008-06-302007-06-302006-06-302005-06-302004-06-302003-06-302002-06-30
> Total Assets 
0
1,256,047
1,382,671
1,770,446
2,460,078
2,544,952
3,015,752
3,181,152
3,551,522
4,373,264
5,472,493
6,252,794
8,168,163
10,866,112
11,004,060
12,622,643
14,319,084
14,601,402
14,005,540
12,155,244
13,116,532
14,013,082
14,013,08213,116,53212,155,24414,005,54014,601,40214,319,08412,622,64311,004,06010,866,1128,168,1636,252,7945,472,4934,373,2643,551,5223,181,1523,015,7522,544,9522,460,0781,770,4461,382,6711,256,0470
   > Total Current Assets 
0
0
0
0
2,376,700
2,442,578
2,820,406
2,853,310
2,792,548
3,573,128
4,828,496
4,823,301
6,066,102
8,165,178
8,389,622
9,217,181
2,166,788
1,855,857
1,591,178
1,236,902
615,536
2,618,367
2,618,367615,5361,236,9021,591,1781,855,8572,166,7889,217,1818,389,6228,165,1786,066,1024,823,3014,828,4963,573,1282,792,5482,853,3102,820,4062,442,5782,376,7000000
       Cash And Cash Equivalents 
0
0
0
0
681,635
394,394
449,315
423,671
533,447
805,233
1,477,648
1,021,186
1,211,193
1,339,137
719,006
2,129,896
1,892,167
1,312,786
1,731,243
1,285,578
884,495
866,637
866,637884,4951,285,5781,731,2431,312,7861,892,1672,129,896719,0061,339,1371,211,1931,021,1861,477,648805,233533,447423,671449,315394,394681,6350000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
925,888
567,035
611,426
650,153
519,696
-140,065
-48,676
-268,959
0
0-268,959-48,676-140,065519,696650,153611,426567,035925,8880000000000000
       Net Receivables 
0
141,730
159,507
262,703
394,783
298,776
327,107
318,751
292,989
370,925
449,382
482,668
374,620
635,268
725,520
467,208
274,621
543,071
1,154,658
1,145,440
1,453,504
1,751,730
1,751,7301,453,5041,145,4401,154,658543,071274,621467,208725,520635,268374,620482,668449,382370,925292,989318,751327,107298,776394,783262,703159,507141,7300
       Other Current Assets 
0
0
0
0
1,300,282
1,749,408
2,043,984
2,110,888
1,966,112
2,396,970
2,901,466
3,319,447
4,480,289
6,190,773
6,945,096
6,620,077
8,432,384
8,220,722
5,891,298
4,584,920
3,933,121
3,907,875
3,907,8753,933,1214,584,9205,891,2988,220,7228,432,3846,620,0776,945,0966,190,7734,480,2893,319,4472,901,4662,396,9701,966,1122,110,8882,043,9841,749,4081,300,2820000
   > Long-term Assets 
0
0
0
0
83,378
102,374
195,346
327,842
758,974
800,136
643,997
1,429,493
2,102,061
2,700,934
2,614,438
3,405,462
3,719,912
4,524,823
308,756
225,924
327,811
2,150,413
2,150,413327,811225,924308,7564,524,8233,719,9123,405,4622,614,4382,700,9342,102,0611,429,493643,997800,136758,974327,842195,346102,37483,3780000
       Property Plant Equipment 
0
40,071
40,547
41,681
49,376
60,544
94,627
187,638
184,406
175,379
57,392
53,801
55,737
57,585
87,229
103,856
88,206
75,245
103,550
65,068
183,082
164,536
164,536183,08265,068103,55075,24588,206103,85687,22957,58555,73753,80157,392175,379184,406187,63894,62760,54449,37641,68140,54740,0710
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
14,303
65,559
44,013
32,609
36,000
36,046
32,251
32,252
32,252
32,252
32,25232,25232,25232,25136,04636,00032,60944,01365,55914,303000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
462,111
435,007
2,404,818
3,169,828
3,430,258
4,214,550
4,400,136
3,328,571
1,560,539
1,874,928
1,874,9281,560,5393,328,5714,400,1364,214,5503,430,2583,169,8282,404,818435,007462,111000000000000
       Intangible Assets 
0
0
0
0
9,080
6,458
9,417
33,808
55,217
69,244
0
0
46,011
49,432
78,378
99,169
165,448
198,982
172,955
128,604
112,477
78,697
78,697112,477128,604172,955198,982165,44899,16978,37849,43246,0110069,24455,21733,8089,4176,4589,0800000
       Other Assets 
0
1,256,047
1,382,671
1,770,446
2,543,456
2,647,326
3,211,098
3,508,994
4,310,496
5,173,400
6,116,490
7,682,287
10,270,224
13,567,046
13,618,498
16,028,105
8,432,384
8,220,722
12,105,606
10,692,418
12,173,185
9,244,302
9,244,30212,173,18510,692,41812,105,6068,220,7228,432,38416,028,10513,618,49813,567,04610,270,2247,682,2876,116,4905,173,4004,310,4963,508,9943,211,0982,647,3262,543,4561,770,4461,382,6711,256,0470
> Total Liabilities 
0
1,076,185
1,145,409
1,374,896
1,791,450
1,770,537
2,174,833
2,250,418
2,487,622
3,264,393
4,292,278
5,026,090
6,847,205
9,427,921
9,407,511
10,963,418
12,577,313
12,824,018
12,282,535
10,548,980
11,432,786
12,358,609
12,358,60911,432,78610,548,98012,282,53512,824,01812,577,31310,963,4189,407,5119,427,9216,847,2055,026,0904,292,2783,264,3932,487,6222,250,4182,174,8331,770,5371,791,4501,374,8961,145,4091,076,1850
   > Total Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
4,062,680
6,878,141
6,417,011
8,385,692
744,618
899,119
110,633
132,917
168,235
1,181,184
1,181,184168,235132,917110,633899,119744,6188,385,6926,417,0116,878,1414,062,680000000000000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
2,475,068
4,406,338
254,246
507,855
576,833
1,587,208
2,224,929
1,406,467
2,308,526
1,190,226
1,190,2262,308,5261,406,4672,224,9291,587,208576,833507,855254,2464,406,3382,475,068000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
2,475,068
4,406,338
254,246
507,855
576,833
1,587,208
0
0
0
0
00001,587,208576,833507,855254,2464,406,3382,475,068000000000000
       Accounts payable 
0
0
0
0
320,900
235,219
286,092
0
0
0
455,357
455,929
395,820
835,868
818,455
5,146,559
744,618
899,119
783,786
722,531
945,020
1,181,184
1,181,184945,020722,531783,786899,119744,6185,146,559818,455835,868395,820455,929455,357000286,092235,219320,9000000
       Other Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
1,107,457
726,080
1,148,553
1,343,120
-744,618
-899,119
-673,153
-589,614
-776,785
-1,181,184
-1,181,184-776,785-589,614-673,153-899,119-744,6181,343,1201,148,553726,0801,107,457000000000000
   > Long-term Liabilities 
0
0
0
0
0
674,974
703,037
873,735
1,106,886
1,600,964
1,974,279
1,916,938
2,226,423
2,882,238
2,904,317
2,926,391
744,618
3,295,244
3,115,472
2,830,191
2,082,425
4,261,225
4,261,2252,082,4252,830,1913,115,4723,295,244744,6182,926,3912,904,3172,882,2382,226,4231,916,9381,974,2791,600,9641,106,886873,735703,037674,97400000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
558,102
193,471
340,429
194,632
278,198
680,989
588,153
584,105
144,696
0
0144,696584,105588,153680,989278,198194,632340,429193,471558,102000000000000
> Total Stockholder Equity
0
156,956
212,506
362,272
531,350
620,605
760,597
814,424
1,047,467
1,092,435
1,161,974
1,226,704
1,320,958
1,438,191
1,596,549
1,656,972
1,737,537
1,773,712
1,723,005
1,606,264
1,683,746
1,654,473
1,654,4731,683,7461,606,2641,723,0051,773,7121,737,5371,656,9721,596,5491,438,1911,320,9581,226,7041,161,9741,092,4351,047,467814,424760,597620,605531,350362,272212,506156,9560
   Common Stock
0
248
258
260
266
270
273
280
321
322
162,732
343,605
317
317
317
317
321
321
321
321
321
323
323321321321321321317317317317343,605162,7323223212802732702662602582480
   Retained Earnings Total Equity0000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
188,068
101,007
0
0
00101,007188,068000000000000000000
   Capital Surplus 0000000000000000000000
   Treasury Stock0000000000000000000000
   Other Stockholders Equity 
0
156,708
212,248
362,012
531,084
620,335
760,324
814,144
1,047,127
1,092,094
799,964
683,821
1,320,622
1,437,856
1,596,214
1,656,637
1,737,198
1,773,373
176,398
126,768
227,014
126,768
126,768227,014126,768176,3981,773,3731,737,1981,656,6371,596,2141,437,8561,320,622683,821799,9641,092,0941,047,127814,144760,324620,335531,084362,012212,248156,7080



Balance Sheet

Currency in ZAR. All numbers in thousands.




Cash Flow

Currency in ZAR. All numbers in thousands.




Income Statement

Currency in ZAR. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue1,424,313
Cost of Revenue-0
Gross Profit1,424,3131,424,313
 
Operating Income (+$)
Gross Profit1,424,313
Operating Expense-1,066,735
Operating Income128,739357,578
 
Operating Expense (+$)
Research Development0
Selling General Administrative94,844
Selling And Marketing Expenses38,494
Operating Expense1,066,735133,338
 
Net Interest Income (+$)
Interest Income1,471,670
Interest Expense-773,926
Other Finance Cost-0
Net Interest Income697,744
 
Pretax Income (+$)
Operating Income128,739
Net Interest Income697,744
Other Non-Operating Income Expenses0
Income Before Tax (EBT)128,73931,270
EBIT - interestExpense = -645,187
128,739
882,753
Interest Expense773,926
Earnings Before Interest and Taxes (EBIT)128,739902,665
Earnings Before Interest and Taxes (EBITDA)204,088
 
After tax Income (+$)
Income Before Tax128,739
Tax Provision-19,912
Net Income From Continuing Ops108,827108,827
Net Income108,827
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses1,066,735
Total Other Income/Expenses Net97,469-697,744
 

Technical Analysis of Sasfin
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 Sasfin. The general trend of Sasfin is BEARISH with 85.7% 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 Sasfin'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 (-85.7%) Bearish trend (85.7%)
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 Sasfin.

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: < < .

The bearish price targets are: 1,400 > 1,400.

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Sasfin 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 Sasfin. The current mas is .

The long score for the Moving Averages is 1/14.
The longshort score for the Moving Averages is -12/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below 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 below 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 below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher 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

Sasfin 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 Sasfin. The current macd is -166.7671251.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-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 Sasfin price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Sasfin. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Sasfin price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -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
Sasfin Daily Moving Average Convergence/Divergence (MACD) ChartSasfin 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 Sasfin. The current adx is 32.87.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-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 Sasfin shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Sasfin 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 Sasfin. The current sar is 1,924.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Sasfin 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 Sasfin. The current rsi is 38.97. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Sasfin Daily Relative Strength Index (RSI) ChartSasfin 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 Sasfin. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 2/6.
The longshort score for the Stochastic Oscillator is 1/(-6 +6).

  • 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 Sasfin price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Sasfin Daily Stochastic Oscillator ChartSasfin 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 Sasfin. The current cci is -37.77228021.

Sasfin Daily Commodity Channel Index (CCI) ChartSasfin 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 Sasfin. The current cmo is -15.98501398.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Sasfin Daily Chande Momentum Oscillator (CMO) ChartSasfin 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 Sasfin. The current willr is -50.

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 Sasfin is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Sasfin Daily Williams %R ChartSasfin 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 Sasfin.

Sasfin 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 Sasfin. The current atr is 84.88.

Sasfin Daily Average True Range (ATR) ChartSasfin 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 Sasfin. The current obv is 2,221,094.

Sasfin Daily On-Balance Volume (OBV) ChartSasfin 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 Sasfin. The current mfi is 42.43.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Sasfin Daily Money Flow Index (MFI) ChartSasfin Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Sasfin.

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
2023-11-02MACD 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.
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).
2023-11-03STOCH 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).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-06WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-21STOCH 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).
2023-11-22MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24DMI 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 SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-27MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-28STOCH 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-29STOCH 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).
2023-11-30CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-01CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-05STOCH 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19STOCH 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).
2023-12-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-10MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-15MACD 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
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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-17RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
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).
2024-01-19STOCH 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).
2024-02-05DMI 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.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-09CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-13MACD 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.
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 CLOSE80 crossover to upside
2024-02-14CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-15DMI 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).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-21MACD 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.
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).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-23DMI 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).
2024-02-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.

6.3. Candlestick Patterns

Sasfin Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Sasfin based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5038.974
Ma 20Greater thanMa 501,635.350
Ma 50Greater thanMa 1002,038.600
Ma 100Greater thanMa 2002,337.230
OpenGreater thanClose1,515.000
Total1/5 (20.0%)
Penke

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