WAF
WESTAFRICA FPO [WAF]
Basic Materials · ASX Small Cap
$0.0000 +300.0%
Updated 20 Aug 2026 · Signals refresh every scan
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Active Signals
Bullish Signals
- Cash positive / operating cashflow positive
- Low P/S ratio (2.6x)
- Strong revenue growth (+176%)
- Piotroski F-Score strong (9/9, low-confidence approx)
- EPS estimates revised upward (+10pts)
- Post-earnings drift: positive surprise (SUE +10)
- New substantial holder(s) (3)
- Substantial holder(s) ceased (1)
- CANSLIM C: Strong EPS growth (103% QoQ)
- CANSLIM A: Strong annual earnings CAGR (42%)
- CANSLIM I: Institutional ownership (63%)
- Strong return on equity (37%)
- Healthy profit margins (31%)
- Sentiment is mixed — no strong consensus either way
- Earnings are trending the right way — 2 consecutive improvements
- Revenue growing at +176% — the top line is moving in the right direction
- The bigger volume days are the up days — volume-weighted momentum is positive (0.60%/day)
- Beneish M-Score -1.97 (grey zone -2.22 to -1.78): possible earnings manipulation
- AUD/USD strong (-2pts)
- RBA hiking (-3pts)
Risk Signals
- Below the 200-day average — the long-term trend is still working against it
- Not enough chatter to gauge sentiment — defaulting to neutral
- Overseas neutral (+1pts, S&P500 neutral, VIX 15)
Recent Catalysts
HIGH Becoming a substantial holder from MUFG
HIGH Becoming a substantial holder from MS
HIGH Becoming a substantial holder
NONE Change in substantial holding
Announcement tone +3pts
Recent ASX Announcements
| 2026-08-18 | Becoming a substantial holder from MUFG |
| 2026-08-18 | Becoming a substantial holder from MS |
| 2026-08-17 | Change in substantial holding |
| 2026-08-17 | Becoming a substantial holder |
| 2026-08-11 | Ceasing to be a substantial holder |
Key Metrics
$4.0B
Market Cap
3.9M
Avg Volume
1.1x
Vol Ratio
$2.51 — $3.97
52-Week Range
1.0%
Short Interest
N/A
Cash Runway
36.9%
ROE
30.7%
Profit Margin
CANSLIM Analysis
| Factor | Rating | Detail | |
|---|---|---|---|
| C | Current EPS | pass | EPS Growth: 103% |
| A | Annual Earnings | pass | CAGR: 42% |
| N | New Highs / Catalysts | neutral | |
| S | Supply & Demand | neutral | Float: 81% |
| L | Leader vs Laggard | laggard | RS: 0 |
| I | Institutional Sponsorship | pass | Inst: 63% |
| M | Market Direction | neutral | Neutral |
Sector: Basic Materials
533 tickers in this sector
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