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?

Singapore Exchange (SGX): Start Down Trend?

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Singapore Exchange breakout from the Rectangle after XD date. The rebound from $7.40 was rejected by the 20D SMA (note: 20D SMA is quite a reliable support & resistance for SGX base on past pattern).  The recent support of $7.41 is the critical support to watch. Breaking this support will send SGX to the price target of about $7.175 (the 200D SMA & 161.8% FR).

Past analysis on SGX.

2013Apr30-SGX

Continue ReadingSingapore Exchange (SGX): Start Down Trend?

SGX: Range Bound for Now

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Singapore Exchange (SGX) is currently trading within a range between $7.55 and $7.84. Fundamentally I don’t see any strong catalyst for SGX to break the resistance at $7.84 to move higher. I will be watching the $7.55 support and short SGX if the support is broken. Both 20D and 50D SMA are currrently moving sideway and flat.

Watch SGX stock price movement after XD date.

2013April19-SGX

Key Statistics for SGX

Current P/E Ratio (ttm) 26.6728
Estimated P/E(06/2013) 25.0649
Relative P/E vs. FSSTI 1.9942
Earnings Per Share (SGD) (ttm) 0.2894
Est. EPS (SGD) (06/2013) 0.3080
Est. PEG Ratio 3.7692
Market Cap (M SGD) 8,253.93
Shares Outstanding (M) 1,069.16
30 Day Average Volume 1,601,000
Price/Book (mrq) 10.3357
Price/Sale (ttm) 12.3545
Dividend Indicated Gross Yield 3.50%
Cash Dividend (SGD) 0.0400
Last Dividend 04/22/2013
5 Year Dividend Growth -6.61%
Next Earnings Announcement 07/26/2013
Continue ReadingSGX: Range Bound for Now