Capitaland: Elliott Wave C Down?

  • Post author:

Could the recent rebound of Capitaland has ended and found the recent top at $3.85? If yes, it looks like Capitaland is trading in a Elliott Wave C now.

A few things to watch:

  • $3.66 is the recent support. It may be forming a Head and Shoulder with neckline at $3.66. 
  • $3.60 support.
  • 50D SMA support which use to be a reliable support base on recent pattern.
  • 200D SMA support.
  • $3.40 support (61.8% Fibonacci Retracement Level). Breaking this support will confirm the Wave C, also confirm the down trend for Capitaland.

2013May26-Capitaland-800x600

Key Statistics for CAPL

Current P/E Ratio (ttm) 15.7759
Estimated P/E(12/2013) 20.7955
Relative P/E vs. FSSTI 1.1373
Earnings Per Share (SGD) (ttm) 0.2320
Est. EPS (SGD) (12/2013) 0.1760
Est. PEG Ratio 0.4905
Market Cap (M SGD) 15,581.79
Shares Outstanding (M) 4,257.32
30 Day Average Volume 11,473,200
Price/Book (mrq) 1.0133
Price/Sale (ttm) 4.6834
Dividend Indicated Gross Yield 1.91%
Cash Dividend (SGD) 0.0700
Last Dividend 05/03/2013
5 Year Dividend Growth -10.84%
Next Earnings Announcement 08/01/2013
Continue ReadingCapitaland: Elliott Wave C Down?

Lippo Mall Indo Retail Trust Chart and Technical Analysis

  • Post author:
  • LMIR is just sitting on the uptrend line support level at about $0.53. This level is also the 50D SMA and also the previous resistance. Breaking this support may send LMIR to 200D SMA at about $0.49.
  • Resistance at $0.58.
  • Take note of the spike in selling volume.
  • Upside potential (to next resistance) = 9.4%
  • Downside risk (to next support) = 7.5%
  • If this support holds, may be good entry level to buy on dip because LMIR is still on uptrend, and fundamental is still undervalue base on NAV with good distribution yield.

LMIR May23-2013

 

LMIR Fundamental Analysis.

Continue ReadingLippo Mall Indo Retail Trust Chart and Technical Analysis

Singapore Exchange SGX: Can it Go Higher?

  • Post author:

Technically base on current chart, SGX is showing a Bearish Engulfing pattern at the resistance. MACD is weakening and RSI is at overbought region. The chart and technical indicator suggesting a potential reversal.

2013May18-SGX

Fundamentally SGX is over value base on PE and PEG Ratio. On top of that, Net incoming has dropped Year over Year for the part 4 years and Cash from Operation is not growing for past 3 years. See SGX Financial.

Key Statistics for SGX

Current P/E Ratio (ttm) 26.8801
Estimated P/E(06/2013) 25.2597
Relative P/E vs. FSSTI 1.8986
Earnings Per Share (SGD) (ttm) 0.2894
Est. EPS (SGD) (06/2013) 0.3080
Est. PEG Ratio 3.7985
Market Cap (M SGD) 8,318.08
Shares Outstanding (M) 1,069.16
30 Day Average Volume 1,706,367
Price/Book (mrq) 10.4160
Price/Sale (ttm) 12.4505
Dividend Indicated Gross Yield 3.47%
Cash Dividend (SGD) 0.0400
Last Dividend 04/22/2013
5 Year Dividend Growth -7.09%
Next Earnings Announcement 07/26/2013

VALUATION RATIOS

Company Industry Sector
P/E Ratio (TTM) 26.97 12.69 16.98
P/E High – Last 5 Yrs. 27.34 29.64 29.11
P/E Low – Last 5 Yrs. 15.43 19.93 14.73

DIVIDENDS

Company Industry Sector
Dividend Yield 3.47 1.63 2.04
Dividend Yield – 5 Year Avg. 4.11 0.98 1.89
Dividend 5 Year Growth Rate -5.59 -0.69 6.71

GROWTH RATES

Company Industry Sector
Sales (MRQ) vs Qtr. 1 Yr. Ago 16.49 191.00 20.15
Sales (TTM) vs TTM 1 Yr. Ago 3.05 121.46 12.10
Sales – 5 Yr. Growth Rate 2.37 19.17 13.94
EPS (MRQ) vs Qtr. 1 Yr. Ago 25.47 -32.98 53.63
EPS (TTM) vs TTM 1 Yr. Ago -0.37 — —
EPS – 5 Yr. Growth Rate -7.25 6.29 26.89

At the moment, I don’t see any catalyst for SGX to break the resistance and move higher unless there is big news of M&A or other favourable news.

Continue ReadingSingapore Exchange SGX: Can it Go Higher?