Wilmar: Watch for a Breakout!

Wilmar seems like finding a bottom at $3.00 and forming a Triple Bottoms, a trend reversal chart pattern. Wilmar is consolidating in a Symmetrical Triangle and the moment. A successful breakout above $3.30 will send Wilmar to the target price which is the next resistance of about $3.70.

Key Statistics for WIL

Current P/E Ratio (ttm) 13.0651
Estimated P/E(12/2012) 15.8534
Relative P/E vs.FSSTI 1.0877
Earnings Per Share (USD) (ttm) 0.1990
Est. EPS (USD) (12/2012) 0.1640
Est. PEG Ratio 1.4611
Market Cap (M SGD) 20,339.40
Shares Outstanding (M) 6,396.04
30 Day Average Volume 10,801,370
Price/Book (mrq) 1.2065
Price/Sale (ttm) 0.3669
Dividend Indicated Gross Yield 1.60%
Cash Dividend (SGD) 0.0200
Last Dividend 08/22/2012
5 Year Dividend Growth 31.44%
Next Earnings Announcement 11/09/2012

Capitaland: Trend Reversal?

Capitaland has formed a Triple Bottoms. The stock price is currently testing the down trend channel resistance and also the neckline of the Triple Bottoms.  Breakout from this Triple Bottoms will stop the down trend and the price target is $2.80. The next resistance after $2.80 is about $3.00, the 200D MA resistance.