DBS Bank: Huge Down Side Risk!

  • Post author:

DBS is currently trading within a Falling wedge and trading below the 200D SMA. DBS retraced back to 50% Fibonacci Retracement and continue the downward movement to the price target of $15.40 (short term) and $14.40 (medium term base on the breakout from Symmetrical Triangle). Base on current chart pattern and technical analysis, the down side risk is very huge for DBS Bank. Good trading opportunities for shorting but bad for investors who do not know how to hedge. Sit tight!

Original Post by Marubozu @ My Stocks Investing Journey.

2014 Mar1-DBS

 

Join the Technical Analysis Workshop to learn how to derive the target price of the chart pattern of Symmetrical Triangle, Falling Wedge and using Fibonacci Retracement, to increase the probability of winning in your trade.

 

 

Continue ReadingDBS Bank: Huge Down Side Risk!

Wilmar: Facing Resistance at $3.50

  • Post author:

Wilmar seems that hitting a tough resistance at $3.50 and unable to clear the level for the past 4 sessions. Note that there is probably a short term retracement back to the support of about $3.30 after Wilmar chart showed a Dragon Fly Doji, Hanging Man with a bearish candle. If Wilmar is able to find a good support at about $3.30 and rebound from that level, Wilmar will start an uptrend because it is a clear “Higher High, Higher Low” uptrend pattern.

Original Post by Marubozu @ My Stocks Investing Journey.

Join the Technical Analysis Workshop to learn how to identify the change of trend, when to buy or sell and derive the target price to increase the probability of winning in your trade.

2014Feb28-Wilmar

Current P/E Ratio (ttm) 13.2110
Estimated P/E(12/2014) 11.7831
Relative P/E vs. FSSTI 0.9893
Earnings Per Share (USD) (ttm) 0.2060
Est. EPS (USD) (12/2014) 0.2310
Est. PEG Ratio 1.1810
Market Cap (M SGD) 22,076.82
Shares Outstanding (M) 6,399.08
30 Day Average Volume 8,099,634
Price/Book (mrq) 1.1606
Price/Sale (ttm) 0.3949
Dividend Indicated Gross Yield 2.32%
Cash Dividend (SGD) 0.0550
Dividend Ex-Date 05/02/2014
5 Year Dividend Growth 0.37%
Next Earnings Announcement 05/08/2014
Continue ReadingWilmar: Facing Resistance at $3.50

Singapore REIT Fundamental Analysis Comparison Table – 1 Mar 2014

  • Post author:

FTSE ST Real Estate Investment Trusts (FTSE ST REIT) Index changes from 696.54 to 714.18 compare to last post on Singapore REIT Fundamental Comparison Table on Feb 8, 2014. The index is trading below 200D SMA (and sloping down) and technically bearish but consolidating within a Descending Triangle. Breaking down from this Descending Triangle will trigger more selling of Singapore REITs.

FTSE ST REIT Index Mar1-2014

  • Price/NAV decreases from 0.9471 to 0.9687.
  • Dividend Yield increases from  6.80% to 6.84%.
  • Gearing Ratio increases from  33.93% to 34.00%.
  • In general, most Singapore REIT is slightly under value now and the distribution yield is attractive (but with risks). Most of the Singapore REITs are trading in a consolidation range and seems like waiting for the next big move base on technical analysis and chart pattern.
  • There are two negative points to take note when investing in Singapore REITs:
    • Overall sentiment is negative for Singapore REITs. This can be seen from the the FTSE ST Real Estate Investment Trust Index and FTSE ST Real Estate Index.
    • The uncertainty in term of interest hike in near future remains high as Federal has started the QE tapering. Any hike in interest will affect the distribution income (reduction), NAV (value drops) and also the gearing ratio (increase) of the REIT. All of these will weaken the fundamental of the REIT and affect the REIT share price.
  • However there are some REITs in Singapore have been managing their debt maturity profile pretty well and have minimum impact if there is an increase in interest rate. The DPU should not be affected much and the risk of DPU reduction is minimal. The key thing here is how to find out those “Gem” by applying the right method to analyse the Risks. Join the next workshop on “How to pick Singapore REIT for Dividend Investing” to learn how to do Quantitative, Qualitative Analysis and Risk Assessment Plus Identify the Trend on Singapore REITs so not to miss out any opportunity to pick up “Low Risk REITs with Decent Dividend Yield”.

Singapore REIT NAV Gearing Distribution Yield Comparison Table 1-Mar-2014

.

Continue ReadingSingapore REIT Fundamental Analysis Comparison Table – 1 Mar 2014