Symbol IRE IRESS Market Technology Ltd

Exchange ASX Australia Stock Exchange

Sector/Industry Technology Software and Services

Description Provider of financial data, trading systems and wealth management

tools. Clients are brokers, traders, fund managers and financial
planners in Aus, NZ, Canada and South Africa.

Analysis Date January 13 2011

Current Price $8.58

Fundamentals (Interim 06/10) Technical’s

Market Cap. 1072.94M Price 8.58
Income 26.88M SMA50 8.69
Revenue 89.7M SMA200 8.55
P/E 21.87 Volume 480K
PEG 0.75 AVG Volume (3m) 308K
ROE 39.76% ST Trend (3m) Down
BETA 0.97 LT Trend (2y) UP
1yr EPS growth 29.28% Bull/Bear Sideway
5yr EPS growth 22.44% Stochastic Trend Down
Dividend Yield 9.68% MACD Trend Down
FCF/P 0.03
LT Debt/Equity 0

Analysis IRE pay a high dividend yield, have strong fundamentals and strong growth
which is why 55% of their shares are owned by institutional holders. However
this isn’t a growth stock and don’t expect it to move much higher than $9.00
where it will be met with resistance. Institutions hold IRE because it is a
stable company with high consistent dividends with strong growth.

Based on technical’s it is not the right time to enter the stock, investors
should wait for the ST trends to move up.