Recent Posts - My Stocks Investing

Citigroup (C): Buy on Dip?

Post author:Marubozu
Post published:April 13, 2013

Citigroup retraced and found support at the uptrend channel support (also the 61.8% FR) at about $42.23. The stock is still trading in an uptrend. If there is no earning surprises on April 15, 2013, C should continue the uptrend. The next immediate resistance is $47.68. 161.8% Fibonacci Target is $56.16.

Option Trade

Strategy: Long Vertical Call Spread (Bullish Trade)
Short C May13 45 Call, Long C May13 41 Call
Entry Price = $43.44
Breakeven Price = $43.43
Max Profit = $624
Max Loss = $976
Reward vs Risk = 64%

Previous Analysis on Citigroup C.

ST Engineering: Wave 5 Ending Soon?

Post author:Marubozu
Post published:April 13, 2013

ST Engineering has been riding on a nice Elliott Wave. Currently ST Engineering looks like reaching the 261.8% Fibonacci Retracement Level on the Elliott Wave and probably finding resistance at this level.

Key Statistics for STE

Current P/E Ratio (ttm)	22.8678
Estimated P/E(12/2013)	21.4500
Relative P/E vs. FSSTI	1.7353
Earnings Per Share (SGD) (ttm)	0.1876
Est. EPS (SGD) (12/2013)	0.2000
Est. PEG Ratio	3.3000
Market Cap (M SGD)	13,304.35
Shares Outstanding (M)	3,101.25
30 Day Average Volume	1,566,600
Price/Book (mrq)	6.9748
Price/Sale (ttm)	2.0654
Dividend Indicated Gross Yield	1.63%
Cash Dividend (SGD)	0.0980
Last Dividend	04/26/2013
5 Year Dividend Growth	0.51%
Next Earnings Announcement	05/09/2013

Fundamentally ST Engineering is over value base on PE & PEG ratio, Intrinsic Value base on 10 years DCF Model.

Intrinsic Value = $2.53

Net Operating Cash Flow (FY2012) = $1,040.8 Million
Total Debt = $1,068.4 Million
Beta = 0.38
Number of Shares Outstanding = 3,102 Million
10 Year CAGR = 2.04%

See Previous analysis on ST Engineering.

Singapore REITs Comparison Table for Dividend Investment – April 2013

Post author:Marubozu
Post published:April 7, 2013

Added Average Price / NAV and Distribution Yield so that I can monitor these two numbers every month. In average, Singapore REIT is 20% over value base on NAV with Dividend Yield of 5.34% base on my comparison table below. Some of the REITs are extremely overvalue with high gearing ratio. Be extremely cautious if the stock market reverse to the down trend and the banks start to raise interest rate. Those REIT will be badly hit as they have to pay more interest for their debt. Alternatively, these REITs may issue rights to repay the debt. The share price will plunge when the REIT managers issue right at huge discount.

Last comparison table of Singapore REITs.

Check out here if you want to know what are the important financial ratio to analyse REIT in Singapore.