Starhub: Correction Over?

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Starhub had a fierce correction of about 15% for the past 3 weeks. Is the correction over? It is very much depends on whether Starhub can rebound from the 200D SMA support at about $4.00. At current valuation, Starhub is only good for technical trading instead of long term investing.

See my reasons for not investing Starhub here.

2013June1-StarHub-800x600

Key Statistics for STH

Current P/E Ratio (ttm) 19.0228
Estimated P/E(12/2013) 19.0952
Relative P/E vs. FSSTI 1.4046
Earnings Per Share (SGD) (ttm) 0.2108
Est. EPS (SGD) (12/2013) 0.2100
Est. PEG Ratio 4.2557
Market Cap (M SGD) 6,894.21
Shares Outstanding (M) 1,719.26
30 Day Average Volume 2,790,100
Price/Book (mrq) 50.1236
Price/Sale (ttm) 2.8571
Dividend Indicated Gross Yield 4.99%
Cash Dividend (SGD) 0.0500
Last Dividend 05/15/2013
5 Year Dividend Growth 3.30%
Next Earnings Announcement 08/07/2013
Continue ReadingStarhub: Correction Over?

Noble Group: Is it Time to Buy?

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Noble Group current price is at 3 years low. Is it a good time to buy? Currently Noble Group is forming a big Descending Triangle and finding the support at the range between $1.00 to $1.05. There are tons of resistances (20D/50D/200D SMA and Triangle resistance) above the current stock price. Current chart setup is good for shorting but not good for longing. Breaking this critical support will send Noble Group to $0.70 range. Sit tight if you are holding this stock. Definitely not good for weak heart!

2013June1-Noble Group

Key Statistics for NOBL

Current P/E Ratio (ttm) 14.4303
Estimated P/E(12/2013) 9.9076
Relative P/E vs. FSSTI 1.0655
Earnings Per Share (USD) (ttm) 0.0570
Est. EPS (USD) (12/2013) 0.0830
Est. PEG Ratio 0.6904
Market Cap (M SGD) 6,862.75
Shares Outstanding (M) 6,598.80
30 Day Average Volume 27,338,330
Price/Book (mrq) 1.0157
Price/Sale (ttm) 0.0563
Dividend Indicated Gross Yield 2.16%
Cash Dividend (USD) 0.0181
Last Dividend 05/14/2013
5 Year Dividend Growth 0.53%
Next Earnings Announcement 08/07/2013
Continue ReadingNoble Group: Is it Time to Buy?