Vard Holding: Supported by 50D SMA

Vard Holding resumed the uptrend after bouncing off from the 50D SMA with a Three Inside Up reversal candlestick pattern. This 50D SMA coincides with 50% Fibonacci Retracement Level. Price Target is $1.265 (150% FR) and $1.29 (161.8% FR) if immediate resistance of $1.16 is cleared. Time Target between 1 to 2 months.

Vard Holding July4-2014

Original post by Marubozu from My Stocks Investing Journey.

Current P/E Ratio (ttm) 23.8671
Estimated P/E(12/2014) 12.0118
Relative P/E vs. FSSTI 1.7201
Earnings Per Share (NOK) (ttm) 0.2275
Est. EPS (NOK) (12/2014) 0.4520
Est. PEG Ratio 0.6636
Market Cap (M SGD) 1,286.20
Shares Outstanding (M) 1,180.00
30 Day Average Volume 5,724,267
Price/Book (mrq) 1.6964
Price/Sale (ttm) 0.5766
Dividend Indicated Gross Yield -%
Cash Dividend (SGD)
Dividend Ex-Date 04/24/2013
5 Year Dividend Growth
Next Earnings Announcement 07/22/2014

Keppel Corp: Rebounding?

Keppel Corp seems like rebounding from the uptrend support with Three Inside Up candlestick pattern. RSI is oversold. Fundamentally PE is not demanding at current price level. Opportunity for bullish trade with price target of $10.58 (61.8% FR) followed by $10.90 (200D SMA resistance).

 

Key Statistics for KEP

Current P/E Ratio (ttm) 8.1423
Estimated P/E(12/2012) 9.7170
Relative P/E vs.FSSTI 0.7057
Earnings Per Share (SGD) (ttm) 1.2650
Est. EPS (SGD) (12/2012) 1.0600
Est. PEG Ratio 1.0545
Market Cap (M SGD) 18,510.93
Shares Outstanding (M) 1,797.18
30 Day Average Volume 4,329,467
Price/Book (mrq) 2.1394
Price/Sale (ttm) 1.3742
Dividend Indicated Gross Yield 4.27%
Cash Dividend (SGD) 0.1800
Last Dividend 07/25/2012
5 Year Dividend Growth 25.92%
Next Earnings Announcement 01/25/2013

Raffles Education – Bounced back from the Channel Support?

Raffles Education closed at $0.445 on Friday and formed a Bullish Harami candlestick pattern. Coincidently, the stock price bounced back from the $0.435 supports level (38.2% Fibonacci Level and Channel Support). If next session opens with a gap up and closes with a bullish long white candle, a Three Inside Up pattern is formed which confirm a trend reversal.

Another thing to take note is there were Insiders Trading for the past three months. The substantial shareholders were increasing their shares holding. Mr. Chew Hua Seng is the Chairman & CEO, Ms Doris Chung Gim Lian is the spouse of Mr. Chew, Mr. Henry Tan Song Kok is the Independant Director.

The analysis shows it is rather safe to trade at this price level due to the following reasons:
  1. Strong Support (Channel Support and Fibonacci Level) base on the chart.
  2. Bullish Harami candlestick normally either moves sideway or upward (trend reversal)
  3. Price of Insiders’s transaction between $0.475 to $0.55.
Thus, the downside probability is minimal.
My Swing Trading Plan:
  • Entry Level $0.44 to $0.46
  • Profit Target = 10%