WAF
WESTAFRICA FPO [WAF]
Basic Materials · ASX Small Cap
$3.6400 +4.3%
Updated 2026-03-02 · Scores refresh every scan
Appeared in 2 consecutive scans→ Score +5First seen: 2026-03-02
Score Breakdown
Technical74
Catalyst61
Sentiment50
Fundamental100
Momentum81
Risk Gate50
Active Signals
Bullish Signals
- Price above MAs (uptrend)
- Sustained volume spike (2.4x median) on UP trend
- Testing resistance level
- Above 200-day MA (long-term uptrend)
- Cash positive / operating cashflow positive
- Low P/S ratio (4.6x)
- Strong revenue growth (+39%)
- Piotroski F-Score strong (8/9)
- EPS estimates revised upward (+10pts)
- Post-earnings drift: positive surprise (SUE +10)
- Substantial holder(s) ceased (1)
- CANSLIM C: Strong EPS growth (126% QoQ)
- CANSLIM I: Institutional ownership (53%)
- Strong return on equity (30%)
- Healthy profit margins (38%)
- Positive 12-1 momentum (+44%)
- Earnings momentum: 2 consecutive improvements
- Strong revenue momentum (+39%)
- Analyst EPS expectations rising (+304%)
- ASX200 bullish (+1.5% 5d)
- AUD/USD strong (-2pts)
- RBA cutting (+2pts)
- Geo stress elevated (-1pts, hurt)
- Technical-fundamental alignment: quality + trend
Risk Signals
- VPT distribution divergence (bearish)
- Insufficient sentiment data (defaulting to neutral)
- Neutral/mixed sentiment
Recent Catalysts
NONE Change in substantial holding
NONE WAF responds to recent media on Government interest in Kiaka
NONE Change in substantial holding
HIGH Ceasing to be a substantial holder from MUFG
Announcement tone +3pts
Recent ASX Announcements
| 2026-02-25 | Change in substantial holding |
| 2026-02-22 | WAF responds to recent media on Government interest in Kiaka PRICE SENSITIVE |
| 2026-02-17 | Change in substantial holding |
| 2026-02-16 | Change in substantial holding |
| 2026-02-13 | Ceasing to be a substantial holder from MUFG |
Key Metrics
$4.0B
Market Cap
9.8M
Avg Volume
2.4x
Vol Ratio
$1.73 — $3.97
52-Week Range
0.4%
Short Interest
N/A
Cash Runway
30.1%
ROE
38.0%
Profit Margin
CANSLIM Analysis
| Factor | Rating | Detail | |
|---|---|---|---|
| C | Current EPS | pass | EPS Growth: 126% |
| A | Annual Earnings | neutral | CAGR: 6% |
| N | New Highs / Catalysts | neutral | |
| S | Supply & Demand | neutral | Float: 92% |
| L | Leader vs Laggard | pass | RS: 6 |
| I | Institutional Sponsorship | pass | Inst: 53% |
| M | Market Direction | pass | Bullish |
Sector: Basic Materials
Ranked #4 of 570 · Sector avg: 49
View all Basic Materials signals →