COSCO: Bottoming out?

  • Post author:

Is COSCO finding a bottom and reversing the trend? Not yet. Need to wait for the following patterns to happen:

  1. Breakout from the down trend channel and stay above the down trend channel resistance.
  2. Stay above 20D and 50D SMA.
  3. Go above $0.93 which is the neckline for an Inverted Head and Shoulders.

Base on current chart, looks like COSCO is finding a good support at $0.855.

Key Statistics for COS

Current P/E Ratio (ttm) 16.3569
Estimated P/E(12/2012) 18.3333
Relative P/E vs. FSSTI 1.3548
Earnings Per Share (SGD) (ttm) 0.0538
Est. EPS (SGD) (12/2012) 0.0480
Est. PEG Ratio 114.5833
Market Cap (M SGD) 1,970.54
Shares Outstanding (M) 2,239.25
30 Day Average Volume 8,953,933
Price/Book (mrq) 1.5700
Price/Sale (ttm) 0.4833
Dividend Indicated Gross Yield 3.41%
Cash Dividend (SGD) 0.0300
Last Dividend 04/30/2012
5 Year Dividend Growth -5.59%
Next Earnings Announcement 02/22/2013
Continue ReadingCOSCO: Bottoming out?

Wilmar Breakout Finally?

  • Post author:

Looks like Wilmar has finally breakout from a Symmetrical Triangle after so many months of consolidation (see previous analysis). The breakout is supported by a spike in volume. However, still need to wait for Wilmar to retrace to test the previous resistance turned support (at about $3.20) to confirm the breakout. Currently Wilmar is pulling back with Dark Cloud Cover candless to test the $3.20 level. Target price for this breakout is $3.60 which is also close to 200D SMA.

Continue ReadingWilmar Breakout Finally?

IndoAgri: Rejected at Down Trend Resistance

  • Post author:

IndoAgri rejected by 200D SMA and Down Trend Resistance. Expect more selling pressure ahead. Immediate support is 20D and 50D SMA.

Key Statistics for IFAR

Current P/E Ratio (ttm) 11.1375
Estimated P/E(12/2012) 12.0820
Relative P/E vs. FSSTI 0.9190
Earnings Per Share (IDR) (ttm) 934.0000
Est. EPS (IDR) (12/2012) 872.9610
Est. PEG Ratio –
Market Cap (M SGD) 1,886.08
Shares Outstanding (M) 1,434.28
30 Day Average Volume 2,765,400
Price/Book (mrq) 1.0942
Price/Sale (ttm) 1.0937
Dividend Indicated Gross Yield 0.23%
Cash Dividend (SGD) 0.0030
Last Dividend 05/04/2012
5 Year Dividend Growth –
Next Earnings Announcement 02/28/2013
Continue ReadingIndoAgri: Rejected at Down Trend Resistance