Thai Beverage (THBEV) broke 200D SMA Support and now testing the recent low of $0.52. If this support is broken, THBEV will continue to head towards the Head and Shoulders breakout price target of $0.45. THBEV is also trading within a down trend channel.
See previous analysis on Thai Beverage.
ST Engineering broke down from the Rising Wedge and is currently testing 200D SMA. If this 200D SMA support is broken, there will be a huge down side to go base on Elliott Wave pattern (Wave C Down). Sit tight!
See last analysis on ST Engineering.
| Current P/E Ratio (ttm) | 21.5728 |
|---|---|
| Estimated P/E(12/2013) | 20.1990 |
| Relative P/E vs. FSSTI | 1.6640 |
| Earnings Per Share (SGD) (ttm) | 0.1882 |
| Est. EPS (SGD) (12/2013) | 0.2010 |
| Est. PEG Ratio | 2.4336 |
| Market Cap (M SGD) | 12,606.04 |
| Shares Outstanding (M) | 3,104.94 |
| 30 Day Average Volume | 1,646,100 |
| Price/Book (mrq) | 6.8085 |
| Price/Sale (ttm) | 1.9539 |
| Dividend Indicated Gross Yield | 1.72% |
| Cash Dividend (SGD) | 0.0300 |
| Last Dividend | 08/21/2013 |
| 5 Year Dividend Growth | -0.09% |
| Next Earnings Announcement | 11/07/2013 |
Gold Start to Rally? Yes. At least for the short term base on technical analysis because Gold has just broken the previous support turned resistance. Looking at the GLD (SPDR Gold Shares ETF), GLD has broken the $130 critical resistance level and also moving above 20D / 50D SMA. Base on the past few months chart pattern, 20D SMA is a reliable support and resistance moving average line. The price target for this GLD rebound is about $139-$140 region base on 161.8% Fibonacci Expansion Level by mid Oct 2013 (using Fibonacci Fan).
Statistically Aug and Sept tends to be bullish months for Gold. See statistical table here.