ST Engineering: On Elliott Wave

ST Engineering is trading a nice Elliott Wave pattern and looks like is on Wave 5 now.  However ST Engineering is currently facing a resistance at about $3.85. Whether ST Engineering can continue the Wave 5 or start the Wave A, is very much dependant on the uptrend (green line) can hold.

Key Statistics for STE

Current P/E Ratio (ttm) 20.5538
Estimated P/E(12/2012) 20.8649
Relative P/E vs. FSSTI 1.6778
Earnings Per Share (SGD) (ttm) 0.1878
Est. EPS (SGD) (12/2012) 0.1850
Est. PEG Ratio 2.8196
Market Cap (M SGD) 11,895.68
Shares Outstanding (M) 3,081.78
30 Day Average Volume 2,029,600
Price/Book (mrq) 6.9938
Price/Sale (ttm) 1.9116
Dividend Indicated Gross Yield 1.81%
Cash Dividend (SGD) 0.0300
Last Dividend 08/17/2012
5 Year Dividend Growth 0.51%
Next Earnings Announcement 02/22/2013

Leave a Reply