SIA Engineering: Head and Shoulders

SIA Engineering broke the head and shoulders neckline ($4.90 or $4.70 depends on how you draw the neckline) and also the 200D SMA support with a spike in selling volume. Price target of this break down is minimum $4.35. Happy Shorting!

SIA Engineering Aug 30-2013


You are going to miss big time if you still do not know how to short (Sell High, Buy Low) Singapore stocks using CFD.

Want to find out more about CFD trading, click here to contact Rebecca Goh to ask for demo.


Key Statistics for SIE

Current P/E Ratio (ttm) 18.8912
Estimated P/E(03/2014) 17.8988
Relative P/E vs. FSSTI 1.5243
Earnings Per Share (SGD) (ttm) 0.2435
Est. EPS (SGD) (03/2014) 0.2570
Est. PEG Ratio 4.0679
Market Cap (M SGD) 5,118.26
Shares Outstanding (M) 1,112.67
30 Day Average Volume 404,100
Price/Book (mrq) 3.6705
Price/Sale (ttm) 4.4749
Dividend Indicated Gross Yield 4.78%
Cash Dividend (SGD) 0.1500
Last Dividend 07/23/2013
5 Year Dividend Growth 1.92%
Next Earnings Announcement 10/30/2013

This Post Has 2 Comments

  1. student2

    Hi, I asked the question on ST Engg as well. I shorted this SIA Engg also. Is the chart pattern still valid, or should I cut loss now?

  2. Marubozu

    @students: what do you see from the chart? where are the support and resistance?
    Again, always plan before entering any trade.

Leave a Reply