Starbucks SBUX: Standby to short!

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SBUX broke the down trend resistance & $50 psychological resistance. Currently SBUX is testing the previous support of Descending Triangle of $51.32. If SBUX turns down from this resistance, it is a good opportunity to short SBUX. (2/5 EMA crossover rule must apply!)

 

 

Key Statistics for SBUX

Current P/E Ratio (ttm) 28.8644
Estimated P/E (09/2012 ) 28.7556
Earnings Per Share (USD) (ttm) 1.7700
Est. EPS (USD) (09/2012) 1.7760
Est. PEG Ratio 1.5905
Market Cap (M USD) 38,828.40
Shares Outstanding (M) 760.00
Enterprise Value (M USD) (ttm) 36,883.40
Enterprise Value/EBITDA (ttm) 16.32
Price/Book (mrq) 7.2086
Price/Sale (ttm) 2.9829
Dividend Indicated Gross Yield 1.33%
Next Earnings Announcement 11/02/2012

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Continue ReadingStarbucks SBUX: Standby to short!

Singapore Exchange (SGX): On Strong Up Trend

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Looks like Singapore Exchange (SGX) has bottomed up with clear uptrend. A Double Bottoms is in formation which is a reversal pattern with neckline at about $7.30. Currently SGX is trading above 20D, 50D and 200D SMA and trending up. 2/5 EMA is showing short term bullish signal on both daily and weekly chart. Good to buy on dip as long as 20D SMA support holds (strong support on past 3 occasions). Note: Base on current PE ratio and PEG valuation, SGX is not undervalue for long term value investing. Current chart is only suitable for short to medium term trade.

 

 

 
 

Key Statistics for SGX

Current P/E Ratio (ttm) 25.5857
Estimated P/E (06/2013 ) 23.1457
Earnings Per Share (SGD) (ttm) 0.2732
Est. EPS (SGD) (06/2013) 0.3020
Est. PEG Ratio 3.6739
Market Cap (M SGD) 7,465.89
Shares Outstanding (M) 1,068.08
Enterprise Value (M SGD) (ttm) 6,768.21
Enterprise Value/EBITDA (ttm) 18.35
Price/Book (mrq) 8.9920
Price/Sale (ttm) 11.5432
Dividend Indicated Gross Yield 3.86%
Next Earnings Announcement 10/17/2012
Continue ReadingSingapore Exchange (SGX): On Strong Up Trend