Raffles Education: Think Twice if You are Still Living in Denial

  • Post author:

Raffles Education is still trading in a down trend and just bounced down from the Down Trend Resistance Line. Coincidently this $0.43 is also a 61.8% Fibonacci Retracement Level.

Key Statistics for RLS

Current P/E Ratio (ttm) –
Estimated P/E (06/2013 ) 40.5000
Earnings Per Share (SGD) (ttm) -0.0747
Est. EPS (SGD) (06/2013) 0.0100
Est. PEG Ratio –
Market Cap (M SGD) 354.10
Shares Outstanding (M) 874.31
Enterprise Value (M SGD) (ttm) 568.28
Enterprise Value/EBITDA (ttm) 10.52
Price/Book (mrq) 0.6916
Price/Sale (ttm) 2.6390
Dividend Indicated Gross Yield 1.11%
Next Earnings Announcement 11/09/2012
  • Return On Asset = 1.54%
  • Return on Equities = -12.52%

I don’t see any catalysts on the stock price base on both Fundamental or Technical Analysis.

Cut loss, take profit, continue to hope? Your call.

Continue ReadingRaffles Education: Think Twice if You are Still Living in Denial

Capitaland: Uptrend Still Intact But Watch the Support!

  • Post author:

Capitaland is still on the uptrend channel but there are critical levels to watch. These two levels are extremely critical because it will change the wave count in the Elliott Wave pattern.

  • $3.15: Previous Support Turned Resistance. If Capitaland goes back above this level in the next few days, Wave 5 (bullish) still in action.
  • $3.10: Uptrend Channel Support + 20D SMA. If Capitaland breaks this support, Wave A (bearish) starts.

 

Previous analysis on Capitaland – Elliott Wave.

Continue ReadingCapitaland: Uptrend Still Intact But Watch the Support!