ComfortDelgro: Bullish Abandoned Baby Reversal

ComfortDelgro rebounded from an uptrend support with Bullish Abandoned Baby (Morning Doji Star) Reversal Pattern.

ComfortDelgro July10-2015

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ComfortDelgro Fundamental Data

  • Last Done Price = $3.03
  • Market Cap = 6.49 B
  • EPS = $0.13234
  • PE Ratio (TTM) = 22.61
  • PE High (Last 5 Years) = 19.65
  • PE Low (Last 5 Years) = 12.57
  • P/B Ratio = 2.8634
  • Dividend Yield = 2.719%
  • ROA = 5.42%
  • ROE = 12.95%
  • Current Ratio = 0.985

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Fundamentally ComfortDelgro seems average but over value. Technically there is a trading opportunity for a short term bullish trade but not for long term investment.

The 5 Newest Stocks in the STI

As of Friday (Sept 21th, 2012), the Straits Times Index (STI) had gained 16.32% in the year-to-date, with dividend distributions boosting the total return to +19.46%. The STI is made up of 30 of the largest companies listed on Singapore Exchange (SGX). Over a ten year period ending Friday, the SPDR STI ETF had averaged an annualised return of 10.78%, including dividend distributions. Daily updates on the STI and its most active constituent stocks can be found at SGX My Gateway here. Today, as a result of the most recent semi-annual review, IHH Healthcare joins the STI. The five most recent additions to the STI are:

  1. IHH Healthcare Bhd (Q0F). As noted above, IHH Healthcare was added to the STI today. IHH Healthcare made its simultaneous debut on Bursa and SGX two months ago on 25 July and is part of the Healthcare Subsector. The company provides healthcare services in Asia, Central and Eastern Europe, the Middle East and North Africa. On its first day of trading IHH Healthcare closed +10.1% above its offer price. As of Friday the total return of IHH Healthcare had amounted to 17.3%. The investor relations site can be found here.
  2. Global Logistic Properties (MC0). Global Logistic Properties (GLP) was added to the STI in March 2011. GLP is part of the Real Estate Holding & Development Subsector. GLP provides modern logistics facilities in China and Japan. Specifically, it “owns, manages and leases out 446 completed properties in 187 logistics parks spread across 36 major cities in China and Japan”. As of Friday, the total return of GLP had amounted to 52.2% over the past 12 months and the indicative dividend yield stood at 1.2%. The investor relations site can be found here.
  3. CapitaMalls Asia Limited (JS8). CapitaMalls Asia was added to the STI in March 2010. Like GLP, CapitaMalls Asia is part of the Real Estate Holding & Development Subsector. CapitaMalls is a shopping mall developer, owner and manager. Specifically, CapitaMalls Asia state that its “integrated shopping mall business model encompasses retail real estate investment, development, mall operations, asset management and fund management capabilities”. As of Friday, the total return of CapitaMalls Asia had amounted to 31.9% over the past 12 months and the indicative dividend yield stood at 2.0%. The investor relations site can be found here.
  4. ComfortDelgro Corporation (C52) ComfortDelgro was added to the STI in March 2009. ComfortDelgro is part of the Travel & Tourism Subsector. Specifically, the businesses of ComfortDelgro “include bus, taxi, rail, car rental & leasing, automotive engineering services, vehicle inspection & testing services, driving centres, insurance broking services, outdoor advertising and car dealership”. Operations currently extend from the United Kingdom and Ireland to Australia, Vietnam, Malaysia, as well as across 13 cities in China. As of Friday, the total return of ComfortDelgro had amounted to 31.8% over the past 12 months and the indicative dividend yield stood at 3.7%. The investor relations site can be found here.
  5. Jardine Matheson Holdings (J36) Jardine Matheson Holdings (JMH) was added to the STI in September 2008. JMH is part of the Diversified Industrials Subsector. JMH focuses its business activities in Asia that “comprise a combination of cash generating activities and long-term property assets”. Note the company is listed in USD on SGX with a minimum lot size of 400 shares. As of Friday, the total return of JMH had amounted to 13.8% over the past 12 months and the indicative dividend yield stood at 2.3%. The investor relations site can be found here.

Note SMRT Corp Ltd (S53) was included in the STI in March 2009 before being omitted in March 2011. The STI represents a diversified benchmark index with 30 stocks now representing 14 different sectors.

Source: SGX My Gateway