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MiX Telematics Limited

MiX Telematics Limited (MIXT)

14.55
0.00
(0.00%)
Closed March 29 04:00PM
0.00
0.00
(0.00%)

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MIXT News

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MIXT Discussion

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Monksdream Monksdream 1 week ago
MIXT new 52 Hihi
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Monksdream Monksdream 2 weeks ago
MIXT new 52 hi
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Monksdream Monksdream 2 weeks ago
MIXT new 52 week hi
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whytestocks whytestocks 5 years ago
News: $MIXT Global Company Increases Their Adoption of MiX Telematics' Solutions

BOCA RATON, Florida , July 2, 2019 /PRNewswire/ -- MiX Telematics (NYSE: MIXT) (JSE: MIX), a global leader of fleet and mobile asset management solutions, announced that the Bangladesh -based subsidiary of a giant in the construction sector will also be subscribing to MiX Telema...

Find out more https://marketwirenews.com/news-releases/global-company-increases-their-adoption-of-mix-telematics-solut-8444844.html
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stocktrademan stocktrademan 6 years ago
MIXT buy 13.78

inverted head and shoulders bottom
new 52-week highs
macd histogram crossup
could do this all day but that's enough



















normal chart




log chart



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SRSKinvested SRSKinvested 9 years ago
Oppenhiemer is posting a 9 PPS on this. Looks prime for a JV or M&A... anywhere between 9 and 21 bucks
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SRSKinvested SRSKinvested 9 years ago
I am surprised it's so quiet here... this stock seems like it's undervalued, am I missing something?
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Stock Trading Guru Stock Trading Guru 9 years ago
MiX Telematic Explodes on rising EPS forecast. Demand continuing to grow for GPS tracking technology. MiX Telematic offers a variety of different types of tracking technology.



The PEG is a smoking hot 0.62! Huge buying today after the stock has been in a strong downtrend for months. Very low short interest so buying on March 4, 2015 was not short covering. Full report: Heavy Buying In MiX Telematics Stock
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Gixene Gixene 10 years ago
cdaniel394, my pleasure. Is there any stocks you are looking for in a particular sector or industry? How are you looking to diversify?
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cdaniel394 cdaniel394 10 years ago
Thanks for the swift and thorough reply. I am a growth investor myself.I appreciate the effort that you gave my question. Presently my portfolio is excessively biotech heavy and am looking for growth stocks in other industries. Will check out VMware and and IACI. Thank you for the tips. Tom
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Gixene Gixene 10 years ago
cdaniel394, I actually do not hold a position in Orchid Island Capital, Inc. (ORC). I also haven't executed any due diligence on MiC Telematics Ltd. (MIXT). First, I am a value investor/trader. So (MIXT) does not look appealing from a value investor's perspective. Though if I was a growth investor, (MIXT) could look appealing. I probably do know enough about growth investing to pick a winning stock, but that's no guarantee.

Before I get into the fundamentals, I would like to share a personal rule of mine. (MIXT) is still in its lockup period. Lock up period is when insiders like employees, etc. and those who hold majority stake are unable to sell their shares. Usually when the lockup period expires the stock will see a dip, but not always. This could be a good entry point, though there is another reason why I like to wait until the lockup period expires. In my opinion, I feel that the lockup period gives the market enough time to set the market value of a stock. We all know how violate a stock can be after it's IPO. I prefer to stay out of this situation, personally. Another reason for this is that it gives me a quarterly earnings report during this period, which I also personally prefer. (MIXT)'s lockup period expires on Sunday, Feb. 2, 2014 which is 180 day period since IPO.

Looking for growth in (MIXT) with my fair knowledge of growth investing, I first look at the fundamentals to dissect the stock if you will. I like to get a snapshot if you will, of where a stock is in relation to it's peers. The technology sector has an average P/E ratio of 19.83. (MIXT) has a P/E ratio of 24.09 which tells us that it's a little expensive compared to it's peers in that sector. Though if we take a deeper look into the industry that it's in, we can see that it's rather cheap compared to industry peers. Technology and system software industry has an average P/E ratio of 34.45.

(MIXT)'s forward P/E ratio is much higher then its sector and industry peers with a ratio of 27.17. Typically I prefer to see a forward P/E ratio lower than it's P/E ratio, which points to future growth. Though the price you pay for growth is rather cheap compared to its sector and industry peers with a PEG ratio of 1.07. Sector PEG ratio is 1.65 and industry is 2.21 respectively. I typically like to see a stock with a PEG ratio under 1. We could get deeper into valuations if you choose, though these are the things I typically first look at. I know there is much more that we could break down in this area.

I also like to look at the financials. There are two ratios I like to look at that give me a snapshot of their balance sheet. For this, we look at the current ratio and debt/equity ratio. The current ratio tells us about their long term financial outlook. (MIXT) has a current ratio of which is 3.51, which is very good. I typically prefer a current ratio above 1, so I believe we could rest assured that they have the ability to pay off any long-term obligations. I also like to look at debt/equity ratio which is at 4.18. I prefer to see a debt/equity ratio under 1, so they could have trouble meeting any short-term financial obligations.

Other items we should look at such as the CEO, revenue, cost of goods sold (COSG), and etc. I can't seem to find the percentage of institutional investor holding, which is something else I like to see before investing. One item that sticks out with (MIXT) that worries me is the low volume. High volume means a big audience if you will, which I favor. I also notice that (MIXT) is a foreign stock from Africa. I believe the US is the best economy to invest in currently, in my opinion. Being that this is a foreign stock, could be why the volume is low. There is plenty of due diligence we can do here when looking at (MIXT). We can look further into fundamentals, financials, or even technical items when looking at the graph.

Above, when I mentioned what I look typically prefer should not be a decision breaker when deciding to invest. A stock cannot meet all of the criteria that we prefer in a growth stock or any stock for that matter. In other words, there is no perfect stock. What I look for in a growth or value stock, might be different for another investor. In conclusion on my opinion on (MIXT), I believe we could find a better stock out there.

I prefer a different strategy for finding growth, though I must warn that I have only tested it a couple of times. One with Cell Therapeutics, Inc. (CTIC) on Tuesday, Dec. 10, 2013 that I recommended to another member. You can find a link to that post at the bottom of this post. That day the stock was trading at $1.80 which is up 70% since. If you look in my past posts, you can see with proof that I did make that call. Another was Dollar General Corp. (DG) that I did not recommend that I saw at $59.07 on Thursday, Nov. 14, 2013 which is up 4% since. I don't know how emotion has played on these two stocks. Did (CTIC) have a good quarter, why is (DG) only up 4%? I believe this to be a long-term strategy, which I call best of breed. As I said before, I have not tested this strategy, I only used it in a couple of instances. I have been meaning to, but have been busy with college and working to pay for college. It is extremely important to disclose that past performance is not indicative to future results. I personally would not feel comfortable explaining this strategy. I would feel better if I had results of testing, but I do not.

I have seen many different strategies for finding the best of breed. Based on my criteria, if you wanted to invest in the technology and system software industry based on this strategy. VMware, Inc. (VMW) fits the bill. For the technology sector, IAC/InteractiveCorp. (IACI) also fits the bill, which I also saw on Thursday, Nov. 14, 2013. Then the PPS was at $58.24, today its at $72.02 almost 24%. I know this strategy goes against what I said above, but like I said before, no stock is perfect. We can't nitpick on certain things.

Link: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94836545

Thank you for reading, Gulley
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cdaniel394 cdaniel394 10 years ago
JGulley317, we are in a couple of the same stocks.(BAC,ORC) What can you tell me about this one. Thanks
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Gixene Gixene 11 years ago
New board.
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