Keppel Corp: Rebounding?

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Keppel Corp seems like rebounding from the uptrend support with Three Inside Up candlestick pattern. RSI is oversold. Fundamentally PE is not demanding at current price level. Opportunity for bullish trade with price target of $10.58 (61.8% FR) followed by $10.90 (200D SMA resistance).

 

Key Statistics for KEP

Current P/E Ratio (ttm) 8.1423
Estimated P/E(12/2012) 9.7170
Relative P/E vs.FSSTI 0.7057
Earnings Per Share (SGD) (ttm) 1.2650
Est. EPS (SGD) (12/2012) 1.0600
Est. PEG Ratio 1.0545
Market Cap (M SGD) 18,510.93
Shares Outstanding (M) 1,797.18
30 Day Average Volume 4,329,467
Price/Book (mrq) 2.1394
Price/Sale (ttm) 1.3742
Dividend Indicated Gross Yield 4.27%
Cash Dividend (SGD) 0.1800
Last Dividend 07/25/2012
5 Year Dividend Growth 25.92%
Next Earnings Announcement 01/25/2013
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Olam: Breakdown from Symmetrical Triangle

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Olam has started a down trend after breaking out from a Symmetrical Triangle with price target of $1.68. Olam support & resistance fit quite well to Fibonacci Retracement Level. It is too late to short at current level now (about $1.76). The plan is to wait for rebound to near to$1.83 (50% FR) or $1.90 level (61.8% FR) to short the stock again.

Continue ReadingOlam: Breakdown from Symmetrical Triangle

Diversified Returns of the 12 Sector Indices

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 In the year-to-date, the 12 FTSE ST Sector Indices that cover the 161 stocks of the FTSE ST All Share Index have generated returns that ranged from 44.8% for Real Estate Holding & Development to -19.6% for Consumer Goods Index. The FTSE All Share Index has gained 15.9% over the period. Sorted by best performing FTSE ST Sector index, the largest stocks of each sector index are currently as follows:

  1. The Real Estate Holding & Development Index has gained +44.8% in the year-to-date. The biggest three stocks of the Index are Hongkong Land Holdings (H78), CapitaLand (C31) and Global Logistic Properties (MC0) which are all categorised to the Real Estate Investment & Services Sector by the Industry Classification Benchmark (ICB). In the year-to-date the three stocks have gained +47.4%, +54.8% and +52.1% respectively.
  2. The Real Estate Investment Trust (REIT) Index has gained +31.1% in the year-to-date. The biggest three REITs of the Index are CapitaMall Trust (C38U), Ascendas REIT (A17U) and CapitaCommercial Trust (C61U). In the year-to-date the three trusts have gained +21.2%, +25.7% and +46.0% respectively. This does not take into account dividend distributions.
  3. The Financials Index has gained +28.6% in the year-to-date. The biggest three stocks of the Index are DBS Group Holdings (D05),Oversea-Chinese Banking Corp (O39), United Overseas Bank Ltd (U11) which are all categorised as Banks by the ICB.  In the year-to-date, the three locally incorporated banks have gained +22.2%, +16.2% and +19.8% respectively. The FTSE ST Financial Index also includes the stocks of the Real Estate Holding & Development Index and the REIT Index.
  4. The Industrials Index has gained +22.5% in the year-to-date. The biggest three stocks of the Index are Jardine Matheson Holdings (J36), Jardine Strategic Holdings (J37), and Fraser & Neave (F99) which are all categorised as General Industrials by the ICB.  In the year-to-date, the three stocks have gained +26.7%, +27.6% and +48.2% respectively.
  5. The Oil & Gas Index has gained +16.1% in the year-to-date. The biggest three stocks of the Index are Keppel Corp (BN4), SembCorp Marine (S51) and SembCorp Industries (U96) which are all categorised as Oil Equipment, Services & Distribution by the ICB.  In the year-to-date, the three stocks have gained +9.1%, +14.1% and +23.2% respectively.
  6. The Utilities Index has gained +8.5% in the year-to-date. The biggest three stocks of the Index are Hyflux (600), Gallant Venture (5IG) and United Envirotech (U19) which are all categorised as Gas, Water & Multiutilities by the ICB.  In the year-to-date, the three stocks gained +9.1%, +12.5% and +15.4% respectively.
  7. The Telecommunications Index has gained +4.3% in the year-to-date. The three stocks of the Index are Singapore Telecommunications (Z74), StarHub (CC3), M1 (B2F) which are all categorised as Mobile Telecommunications by the ICB.  In the year-to-date, the three stocks have gained +2.6%, +24.7% and +4.8% respectively.
  8. The Technology Index has gained +1.7% in the year-to-date. The biggest three stocks of the Index are LionGold Corp (A78), CSE Global (544) and DMX Technologies Group (5CH). In the year-to-date, the three stocks generated mixed performances of +19.5%, +13.3% and -10.6% respectively. Liongold is categorised as Technology Hardware & Equipment by the ICB while CSE Global and DMX Technologies Group are categorically sectored to Software & Computer Services.
  9. The Consumer Services Index has marginally declined -0.8% in the year-to-date. The biggest three stocks of the Index are Jardine Cycle & Carriage (C07), Genting Singapore PLC (G13) and Singapore Airlines (C6L). In the year-to-date, the three stocks generated mixed performances of -2.0%, -18.2% and +3.2% respectively. Jardine Cycle & Carriage is categorised as a General Retailer by the ICB while Genting Singapore PLC and Singapore Airlines Ltd are categorised to the Travel & Leisure sector.
  10. The Basic Materials Index has declined -4.6% in the year-to-date. The biggest three stocks of the Index are Midas Holdings (5EN), XinRen Aluminum Holdings (MN5), Li Heng Chemical Fibre Technology (E9A).  In the year-to-date, the three stocks have gained +13.6%, +12.5% and +14.6% respectively. Midas Holdings and XinRen Aluminum Holdings are categorised as Industrial Metals & Mining by the ICB while Li Heng Chemical Fibre Technology is categorically sectored to Chemicals.
  11. The Health Care Index has declined -10.1% in the year-to-date. The biggest three stocks of the Index are IHH Healthcare Bhd (Q0F), Biosensors International Group (B20) and Raffles Medical Group (R01) which are all categorised as Health Care Equipment & Services by the ICB.  In the year-to-date, the three stocks generated mixed performances of +15.0%, -23.1% and +14.6% respectively.
  12. The Consumer Goods Index has declined -19.6% in the year-to-date. The biggest three stocks of the Index Wilmar International (F34), Golden Agri-Resources (E5H) and Olam International Ltd (O32) which are all categorised as Food Producers by the ICB.  In the year-to-date, the three stocks have declined -36.6%, -14.0% and -12.0% respectively.

Grouping stocks by sectors is a practice that may assist investors spread portfolio risk and potential return across different industries.  For up-to-date information on the width and depth of the sectors that are represented by stocks listed on Singapore Exchange, investors can visit the Markets Tab at My Gateway here.

Source: SGX My Gateway

Continue ReadingDiversified Returns of the 12 Sector Indices