Golden Agri: Finding Good Support

  • Post author:

Golden Agri is finding good support at $0.57 in order to launch the uptrend if Golden Agri is able to break the $0.61 resistance with target price of $0.675 (161.8% FR).  Both 61.8% Fibonacci Retracement and Fibonacci Fans support are holding well.

2014Apr2-Golden Agri-800x600

See last Technical Analysis of Golden Agri here.

Current P/E Ratio (ttm) 19.0981
Estimated P/E(12/2014) 14.0637
Relative P/E vs. FSSTI 1.3696
Earnings Per Share (USD) (ttm) 0.0243
Est. EPS (USD) (12/2014) 0.0330
Est. PEG Ratio 3.7010
Market Cap (M SGD) 7,509.97
Shares Outstanding (M) 12,837.55
30 Day Average Volume 46,364,430
Price/Book (mrq) 0.6824
Price/Sale (ttm) 0.9037
Dividend Indicated Gross Yield 1.88%
Cash Dividend (SGD) 0.0052
Dividend Ex-Date 04/29/2014
5 Year Dividend Growth 0.46%
Next Earnings Announcement 05/12/2014
Continue ReadingGolden Agri: Finding Good Support

Golden Agri: Evening Doji Star!

  • Post author:

It is time for Golden Agri to start retracement after running up more than 10% for past few weeks. Today Golden Agri formed a Evening Doji Star at the Rectangle Resistance, a reversal pattern.  If this is a start of the uptrend, Golden Agri should find support at the 61.8% Fibonacci Retracement (about $0.57). $0.57 is also the previous resistance turned support level. Base on last trending pattern (up and down), Golden Agri reacts better to 20D SMA as support or resistance.

Original Post by Marubozu @ My Stocks Investing Journey.

2014Mar13-Golden Agri-800x600

Continue ReadingGolden Agri: Evening Doji Star!

Golden Agri: Down Trend Channel

  • Post author:

Golden Agri is currently trading in a down trend channe but also getting close to the recent low of $0.595. This is an important support to watch to see whether Golden Agri continues the down trend or rebound from here. Currently Golden Agri is technically bearish and trading below 20D, 50D and 200D SMA. Long term trend is down.

Key Statistics for GGR

Current P/E Ratio (ttm) 5.5075
Estimated P/E(12/2012) 10.6939
Relative P/E vs.FSSTI 0.4789
Earnings Per Share (USD) (ttm) 0.0912
Est. EPS (USD) (12/2012) 0.0470
Est. PEG Ratio 1.6886
Market Cap (M SGD) 7,895.09
Shares Outstanding (M) 12,837.55
30 Day Average Volume 75,279,260
Price/Book (mrq) 0.7514
Price/Sale (ttm) 1.0604
Dividend Indicated Gross Yield 2.99%
Cash Dividend (SGD) 0.0184
Last Dividend 04/30/2012
5 Year Dividend Growth 15.81%
Next Earnings Announcement 11/12/2012
Continue ReadingGolden Agri: Down Trend Channel