Recent Posts - My Stocks Investing

CapitaMall: Still On Up Trend But …..

Post author:Marubozu
Post published:October 25, 2010

CapitaMall is closing in 3 years high although it is still trading in the up trend channel. Rolling PE is 51.76 and distribution yield is 4.42%. Base on these numbers, this Capita Mall Trust is overvalue and near 3 years high. Do your own math to calculate what is the upside potential vs downside risk, and decide whether you want to hold on or take profit. You may want to look at the distribution yield and compare with other similar trust or REITs…. There are other better choices out there…..

Tiger Airways: Double Tops

Post author:Marubozu
Post published:October 25, 2010

Tiger Airways has shown a Double Tops chart pattern and just broke the neckline at $1.88. TigerAir can go down to $1.64 if the breakdown is successful. Current PE of 35.3 shows clearly the stock is over value. IPO euphoria is over!

Singapore Exchange (SGX): Trend Reversal

Post author:Marubozu
Post published:October 22, 2010

Singapore Exchange (SGX) has reached the price target of $9.20 after breaking out from the Falling Wedge pattern. A Bearish Engulfing candlestick patterns, which is a reversal pattern, was observed at about $10.00 (52 weeks high level).

Current PE of SGX is 31.77 which is considered over value.

Current Stock Price = $9.54

Rolling PE = 33.87
FY10 PE = 31.77
FY09 PE = 33.27
FY08 PE = 21.26
FY07 PE = 24.11

Technically and Fundamentally, SGX does not have enough strength to continue the bull run. A Trend Reversal is inevitable. Next crucial support at $8.805 (78.6% Fibonacci Retracement Level), followed by $7.718 (61.8% Fibonacci Retracement Level).