City Development: Start of a New Up Trend?

Is City Development starting a new uptrend after rebounded from the 200D SMA support? Base on 20D and 50D SMA direction, it looks like City Development is starting a new bull round. Need to see whether $10.55 resistance turned support level can be hold to confirm the uptrend. This level is also the 61.8% Fibonacci Retracement Level if using $10.00 as 0% FR and $10.90 as 100% FR. Immediate resistance at $10.90 followed by $11.09.


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Current P/E Ratio (ttm) 12.7611
Estimated P/E(12/2015) 15.4506
Relative P/E vs. FSSTI 0.9005
Earnings Per Share (SGD) (ttm) 0.8330
Est. EPS (SGD) (12/2015) 0.6880
Est. PEG Ratio 1.5474
Market Cap (M SGD) 9,666.79
Shares Outstanding (M) 909.39
30 Day Average Volume 1,198,430
Price/Book (mrq) 1.1963
Price/Sale (ttm) 2.5680
Dividend Indicated Gross Yield 0.75%
Cash Dividend (SGD) 0.0400
Dividend Ex-Date 04/30/2015
5 Year Dividend Growth 9.86%
Next Earnings Announcement 05/14/2015

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