M1: Medium Term Up Trend Support Broken

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Medium Term Up trend ended for M1 since the up trend support level is broken. Watch for the retracement back to $3.14 (61.8% Fibonacci Level & 200D SMA). If there is a rebound from the current level, there will be a formation of Head and Shoulders. Also take note that M1 has started a short term “Lower Low, Lower High” down trend.

Original post by Marubozu @ My Stocks Investing Journey.

2013Nov17-M1-800x600

Key Statistics for M1

Current P/E Ratio (ttm) 19.0698
Estimated P/E(12/2013) 18.2222
Relative P/E vs. FSSTI 1.3927
Earnings Per Share (SGD) (ttm) 0.1720
Est. EPS (SGD) (12/2013) 0.1800
Est. PEG Ratio 1.2654
Market Cap (M SGD) 3,027.52
Shares Outstanding (M) 923.02
30 Day Average Volume 805,633
Price/Book (mrq) 8.5718
Price/Sale (ttm) 2.8481
Dividend Indicated Gross Yield 3.99%
Cash Dividend (SGD) 0.0680
Dividend Ex-Date 07/31/2013
5 Year Dividend Growth 0.41%
Next Earnings Announcement 01/21/2014
Continue ReadingM1: Medium Term Up Trend Support Broken

Super Group: Is the Recent Sell Off a Surprise?

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It is not a surprise Super Group faced a huge sell off after the recent headline news of “Super: 3Q13 Net Profit Down 17% To S$18.7 Million”.

Fundamentally the stock is not cheap base on PE ratio. Technically Super Group is showing a Head and Shoulder and the stock price records a historical high at about $5.00. The shorties have been watching the $4.00 neckline for quite sometimes.

Super Group will start the down trend from now on as the stock has already entered into bearish territory. Watch for the rebound back to $3.50 (50% FR), $3.84 (61.8% FR) or $4.00 (neckline support turned resistance + round number) to short again!

Original post by Marubozu @ My Stocks Investing Journey.

Super Group Nov17-2013

 

 

Key Statistics for SUPER

Current P/E Ratio (ttm) 19.7406
Estimated P/E(12/2013) 22.4359
Relative P/E vs. FSSTI 1.4417
Earnings Per Share (SGD) (ttm) 0.1773
Est. EPS (SGD) (12/2013) 0.1560
Est. PEG Ratio 1.2972
Market Cap (M SGD) 1,951.55
Shares Outstanding (M) 557.59
30 Day Average Volume 1,419,600
Price/Book (mrq) 4.4465
Price/Sale (ttm) 3.4897
Dividend Indicated Gross Yield 2.03%
Cash Dividend (SGD) 0.0200
Dividend Ex-Date 08/23/2013
5 Year Dividend Growth 34.72%
Next Earnings Announcement 02/27/2014
Continue ReadingSuper Group: Is the Recent Sell Off a Surprise?

Suntec REIT: Bull Cannot Make It!

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Suntec REIT has tempted to clear the 200D SMA resistance but failed miserably. Now the bear is in charged and throw Suntec REIT to bearish territory supported by a spike in selling volume. Beware of further sell down!

** Can you see a Elliott Wave on Suntec REIT?

I had shared this Suntec REIT chart in my previous REIT class and warned everyone to watch this 200D SMA resistance closely. Hopefully my students cut loss or take profit when the stock price goes below the 200D SMA. It is currently close to 10% drop in less than 1 month. This is also a very good lesson learnt the importance of understanding technical analysis, be discipline and follow trading rules.

This is a classic example that cheap stock price can go even cheaper although Suntec REIT is undervalue base on NAV and have a decent distribution yield.

See Singapore REIT Fundamental Analysis Comparison Table here.

2013Nov17 SuntecReit-800x600

Continue ReadingSuntec REIT: Bull Cannot Make It!