Genting SP is forming a Bull Flag on an uptrend channel. The stock is trading above 20D, 50D and 200D SMA. As long as Genting can hold above $1.425 (61.8% Fibonacci Retracement Level) and the 200D SMA, any dip is a good opportunity to accumulate for long term investing.
Genting SP has rebounded from the support of about $1.20 and currently testing the down trend resistance line (also 20D SMA) at about $1.29. This level is an important level to watch if Genting SP wants to stop this short term and medium term down trend. Long term Genting SP is still on down trend because 200D SMA is still sloping down. If support at $1.20 is broken, Genting SP will continue the down trend.
Genting SP is testing the 2.5 years low of $1.22. Should this support is broken, Genting SP may go down to as low as $0.895 (161.8% Fibonacci Retracement Level). Any rebound from this support level will be capped by the down trend resistance line. Current Genting SP chart is bearish because the stock price is trading below 20D, 50D and 200D SMA. 200D SMA is sloping down indicates a long term down trend.
| Current P/E Ratio (ttm) | 18.5435 |
|---|---|
| Estimated P/E(12/2012) | 20.5833 |
| Relative P/E vs.FSSTI | 1.6123 |
| Earnings Per Share (SGD) (ttm) | 0.0666 |
| Est. EPS (SGD) (12/2012) | 0.0600 |
| Est. PEG Ratio | 2.3796 |
| Market Cap (M SGD) | 15,081.26 |
| Shares Outstanding (M) | 12,211.55 |
| 30 Day Average Volume | 18,698,800 |
| Price/Book (mrq) | 1.7333 |
| Price/Sale (ttm) | 4.8941 |
| Dividend Indicated Gross Yield | 0.81% |
| Cash Dividend (SGD) | 0.0100 |
| Last Dividend | 05/09/2012 |
| 5 Year Dividend Growth | – |
| Next Earnings Announcement | 11/12/2012 |