DBS Bank: Shooting Star @ Support Turned Resistance

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DBS Bank is showing a Shooting Star at the Support Turned Resistance at $16.14. Wait for the next candle to confirm the reversal. A good trading opportunity but need to get out before the XD date and earning release.

2014 Mar25-DBS

See previous analysis on DBS bank here. The symmetrical triangle breakout pattern with price target still valid.

Current P/E Ratio (ttm) 10.6411
Estimated P/E(12/2014) 10.4224
Relative P/E vs. FSSTI 0.7865
Earnings Per Share (SGD) (ttm) 1.5074
Est. EPS (SGD) (12/2014) 1.5390
Est. PEG Ratio 4.6322
Market Cap (M SGD) 39,241.67
Shares Outstanding (M) 2,446.49
30 Day Average Volume 4,446,067
Price/Book (mrq) 1.1732
Price/Sale (ttm) 3.3377
Dividend Indicated Gross Yield 3.62%
Cash Dividend (SGD) 0.3000
Dividend Ex-Date 05/12/2014
5 Year Dividend Growth -4.08%
Next Earnings Announcement 04/30/2014
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UOB Bank: Time to Buy?

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UOB Bank has been running up strongly for the past few days, is it a time to buy for long term investment? If you base on the recent sentiment, yes. If you don’t know how to read stock chart and invest base on analyst recommendation, yes.

UOB Analyst Consensus Mar25-2014

But technically UOB is at the resistance of the descending trend line and the stock price will have high chance to reverse if there is a bearish candle the following days. A trading opportunity if there is a bearish reversal but get out before the XD Date and Earning release!

2014Mar25-UOB-800x600

Original Post by Marubozu @ My Stocks Investing Journey.

Current P/E Ratio (ttm) 11.2667
Estimated P/E(12/2014) 11.0543
Relative P/E vs. FSSTI 0.8333
Earnings Per Share (SGD) (ttm) 1.8426
Est. EPS (SGD) (12/2014) 1.8780
Est. PEG Ratio 2.0988
Market Cap (M SGD) 32,729.43
Shares Outstanding (M) 1,576.56
30 Day Average Volume 2,230,533
Price/Book (mrq) 1.3517
Price/Sale (ttm) 3.7235
Dividend Indicated Gross Yield 3.37%
Cash Dividend (SGD) 0.5000
Dividend Ex-Date 04/29/2014
5 Year Dividend Growth 1.49%
Next Earnings Announcement 05/02/2014

 

Continue ReadingUOB Bank: Time to Buy?

Golden Agri: Evening Doji Star!

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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!