Hedging Pair: Keppel Corp vs SembCorp

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Establishing the correlationship for Keppel Corp and SembCorp as part of the Hedging Strategy for Singapore Stocks. Performance Charts with reference to Mar 9, 2009.

KepCorp SembCorp Oct5-2014

Original Post by Marubozu My Stocks Investing Journey

Keppel Corp

2014Oct5-KepCorp-800x600

Current P/E Ratio (ttm) 9.9712
Estimated P/E(12/2014) 12.0510
Relative P/E vs. FSSTI 0.7354
Earnings Per Share (SGD) (ttm) 1.0430
Est. EPS (SGD) (12/2014) 0.8630
Est. PEG Ratio 2.4345
Market Cap (M SGD) 18,898.39
Shares Outstanding (M) 1,817.15
30 Day Average Volume 2,579,767
Price/Book (mrq) 1.8956
Price/Sale (ttm) 1.4800
Dividend Indicated Gross Yield 4.04%
Cash Dividend (SGD) 0.1200
Dividend Ex-Date 07/31/2014
5 Year Dividend Growth 5.12%
Next Earnings Announcement 10/21/2014

SembCorp

2014Oct5-SembCorp-800x600

Current P/E Ratio (ttm) 11.0159
Estimated P/E(12/2014) 11.5506
Relative P/E vs. FSSTI 0.8125
Earnings Per Share (SGD) (ttm) 0.4666
Est. EPS (SGD) (12/2014) 0.4450
Est. PEG Ratio 1.3126
Market Cap (M SGD) 9,185.24
Shares Outstanding (M) 1,787.01
30 Day Average Volume 1,962,800
Price/Book (mrq) 1.8005
Price/Sale (ttm) 0.8262
Dividend Indicated Gross Yield 0.97%
Cash Dividend (SGD) 0.0500
Dividend Ex-Date 08/15/2014
5 Year Dividend Growth 14.87%
Next Earnings Announcement 11/06/2014
Continue ReadingHedging Pair: Keppel Corp vs SembCorp

iShares Russell 2000 ETF (IWM): Rebound from Support

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iShares Russell 2000 ETF (IWM) rebounded from an important support at 108 with Piercing Pattern.

IWM Oct5-2014

Original Post by Marubozu My Stocks Investing Journey

Trade Setup

  • Strategy: Short Term Directional Bullish Trade.
  • Target: $113-$114
  • Short Put Spread IWM 108/112 Oct 2014 (2 contracts)
  • Max gain @ expiration $496
  • Max loss @ expiration $309
  • B/E @ expiration $109.52
  • Reward vs Risk (RoC) = 1.61
  • Probability OTM (short leg) = 63.25%
  • Profit target = $373 (at $114 200D SMA resistance)
  • Exit Conditions:
    • When there is a reversal pattern at the resistance ($114)
    • Break $108 support convincingly.
    • Reach 80% of Max Profit (ie. $396)

IWM Short Put Spread Oct5-2014

 

 

Continue ReadingiShares Russell 2000 ETF (IWM): Rebound from Support

SPY: Sell off but still on Up Trend

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SPY (SPDR S&P500 ETF)  has a very volatile week and has a huge sell off across the sectors. However technically SPY is still trading within an uptrend channel. SPY rebounded from the 50D SMA support on last Friday. Keep an eye of this 50D SMA and uptrend support (194-195 region) in the coming weeks. Take note that Window Dressing and Portfolio Pumping/Dumping at Sept Quarter End.

S&P500 Sept22-26 2014SPY Sept 27-2014

As we are moving into Oct, be extremely cautious on the October effect.

See last analysis on SPY.

Continue ReadingSPY: Sell off but still on Up Trend