Company Overview: Genesis Energy Limited (NZX: GNE) is the New Zealand-owned energy company. Kalkine’s Daily Report covers the Key Financial Metrics, Risks, Outlook, Technical Analysis along with the Valuation, Target Price, and Recommendation on the stock.

Section 1.0: Key Metrics in Pictures

Having looked at the key metrics above, the below sections provide an in-depth fundamental, and technical analysis on 2 stocks for May 2023 along with a recommendation, technical support and resistance levels, and indicative stop-loss.

Section 2.0: Genesis Energy Limited (Buy at NZD2.710 closing price as of 28^th April 2023)

2.1 Company Details

2.2 Valuation and Technical Guidance

The stock has witnessed a fall of ~2.34% in the six months. The stock has a 52-week high and 52-week low of NZD 3.0350 and NZD 2.40, respectively.  Genesis Energy Limited was last covered in a report dated ‘12^th April 2023’.

Section 3.0: Napier Port Holdings Limited (‘Buy’ at NZD2.510 closing price as on 28^th April 2023)

Company Overview: Napier Port Holdings Limited (NZX: NPH) offers the range of container, bulk cargo as well as cruise vessel services. Kalkine’s Daily Report covers the Key Financial Metrics, Risks, Outlook, Technical Analysis along with the Valuation, Target Price, and Recommendation on the stock.

3.1 Company Details

3.2 Valuation and Technical Guidance

The stock has witnessed a fall of ~11.5% in the six months. The stock has a 52-week high and 52-week low of NZD 3.23 and NZD 2.50, respectively. Napier Port Holdings Limited was last covered in a report dated ‘5^th April 2023’.

Markets are trading in a highly volatile zone currently due to certain macro-economic and geopolitical tensions prevailing. Therefore, it is prudent to follow a cautious approach while investing.

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

 Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.

Stop-loss: It is a level to protect further losses in case of unfavourable movement in the stock prices.