Looks like a Head and Shoulders in formation for City Development. Now need to see whether this neckline support can become resistance. If yes, price target for this Head and shoulders breakdown is $9.30. Next immediate support at $10.00 psychological support.
See original post from My Stocks Investing Journey by Marubozu.
| Current P/E Ratio (ttm) | 14.3175 |
|---|---|
| Estimated P/E(12/2014) | 14.8127 |
| Relative P/E vs. FSSTI | 1.0278 |
| Earnings Per Share (SGD) (ttm) | 0.7180 |
| Est. EPS (SGD) (12/2014) | 0.6940 |
| Est. PEG Ratio | 1.2242 |
| Market Cap (M SGD) | 9,347.62 |
| Shares Outstanding (M) | 909.30 |
| 30 Day Average Volume | 1,007,667 |
| Price/Book (mrq) | 1.2429 |
| Price/Sale (ttm) | 2.9837 |
| Dividend Indicated Gross Yield | 0.78% |
| Cash Dividend (SGD) | 0.0800 |
| Dividend Ex-Date | 04/30/2014 |
| 5 Year Dividend Growth | 16.36% |
| Next Earnings Announcement | 08/06/2014 |