Noble Group: Down Trend Ended?

  • Post author:

Noble Group has broken out from the Down Trend Channel resistance. This is the 1st sign of potential reversal pattern. Things to watch for the reversal confirmation:

  • 20D & 50D starts to trend up.
  • A Higher High, Higher Low chart pattern formation.
  • Noble has to clear $1.17 resistance (38.2% Fibonacci Retracement Level)
  • Potential formation of Inverted Head and Shoulders with neckline at $1.17.

Potential Entry Point (Long position):

  • Noble pull back to form the Right Shoulder (Inverted Head and Shoulders)
  • Breakout at $1.17 and turned this resistance to support level.

Original post by Marubozu from My Stocks Investing Journey.

2015Feb6-Noble Group

Current P/E Ratio (ttm) 9.8036
Estimated P/E(12/2014) 11.6948
Relative P/E vs. FSSTI 0.6525
Earnings Per Share (USD) (ttm) 0.0871
Est. EPS (USD) (12/2014) 0.0730
Est. PEG Ratio 0.1893
Market Cap (M SGD) 7,784.08
Shares Outstanding (M) 6,739.47
30 Day Average Volume 26,969,120
Price/Book (mrq) 1.1027
Price/Sale (ttm) 0.0605
Dividend Indicated Gross Yield 0.99%
Cash Dividend (USD) 0.0300
Dividend Ex-Date 11/18/2014
5 Year Dividend Growth 3.75%
Next Earnings Announcement 02/18/2015
Continue ReadingNoble Group: Down Trend Ended?

OCBC Bank: False Breakout?

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OCBC Bank has broken $10.50 resistance recently. This $10.50 resistance is also the Ascending Triangle resistance. If this is a real breakout, price target for OCBC Bank is about $11.10.  Take note that there is no spike in volume to support this breakout. Is this a successful breakout or a false breakout? We will only know the answer after the earning release on Feb 11.

Original post by Marubozu from My Stocks Investing Journey.

2015Feb6-OCBC Bk-800x600

Current P/E Ratio (ttm) 10.1169
Estimated P/E(12/2014) 11.1864
Relative P/E vs. FSSTI 0.6783
Earnings Per Share (SGD) (ttm) 1.0438
Est. EPS (SGD) (12/2014) 0.9440
Est. PEG Ratio 1.1150
Market Cap (M SGD) 42,065.89
Shares Outstanding (M) 3,983.51
30 Day Average Volume 4,300,717
Price/Book (mrq) 1.4624
Price/Sale (ttm) 3.5757
Dividend Indicated Gross Yield 3.22%
Cash Dividend (SGD) 0.1750
Dividend Ex-Date 08/25/2014
5 Year Dividend Growth 4.56%
Next Earnings Announcement 02/11/2015
Continue ReadingOCBC Bank: False Breakout?

Singapore REIT Fundamental Analysis Comparison Table – 1 Feb 2015

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FTSE ST Real Estate Investment Trusts (FTSE ST REIT) Index increases from 781.16 to 796.8 compare to last post on Singapore REIT Fundamental Comparison Table on Jan 4, 2015. The index is currently going through short term retracement after breaking out from the 52 weeks high resistance.  Long term trend for Singapore REIT is bullish base on the chart pattern of this ST REIT index as the 200D SMA is trending up. The index is currently on up trend as long as 780 Resistance Turned Support holds.

FTSE ST REIT Index Feb1-2015

  • Price/NAV slight change from 1.04 to 1.05  (slightly over value now)
  • Distribution Yield decreases slightly from 6.57% to 6.52%.
  • Gearing Ratio increases slightly from 33.74% to 33.78%.
  • Singapore-REIT-Fundamental-Analysis-and-Comparison-Table-1-Feb-2015Singapore Interest Rate Feb1-2015SIBOR Feb 1-2015

There was a spike in SIBOR recently. Not a good sign for REIT which have high gearing ratio because there may be increase in borrowing cost depends on the debt expiry profile.

If you want to learn how to pick the right REIT and invest to generate passive income safely, check out the very pragmatic and educational public seminar here “Investing in Singapore REIT“.

Grab an insight of the REIT class here 3 Tips To Increasing Returns On REITs Investments

Continue ReadingSingapore REIT Fundamental Analysis Comparison Table – 1 Feb 2015