Keppel Land: Dead Cat Bounce Over!

Keppel Land seems completed the Dead Cat Bounce after rejected at the the previous support turned resistance (the neckline of Multiple Tops), 200D SMA and 50% Fibonacci Retracement Level. Keppel Land is clearly trading in a down trend channel and turning down after rejected at the channel resistance. Price target $2.80 which is the 150% FR level.


By Marubozu

Key Statistics for KPLD

Current P/E Ratio (ttm) 6.9923
Estimated P/E(12/2013) 14.0927
Relative P/E vs. FSSTI 0.5277
Earnings Per Share (SGD) (ttm) 0.5220
Est. EPS (SGD) (12/2013) 0.2590
Est. PEG Ratio 1.3939
Market Cap (M SGD) 5,642.58
Shares Outstanding (M) 1,545.91
30 Day Average Volume 2,567,200
Price/Book (mrq) 0.8995
Price/Sale (ttm) 4.7384
Dividend Indicated Gross Yield 3.29%
Cash Dividend (SGD) 0.1200
Last Dividend 04/23/2013
5 Year Dividend Growth -3.35%
Next Earnings Announcement 10/17/2013

This Post Has 2 Comments

  1. student

    Could the recent china announcement on real estate disrupt the technical trends of kepland and its peers?

  2. Marubozu

    Technical analysis can be void or disrupted by major economic data, monetary policy, interest rate, company earnings, unexpected news like scandal or legal lawsuit. So, one have to be aware of the above events and cannot 100% rely on TA to trade.

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