Straits Asia Resources has been climbing up steadily since the breakout from the Falling Wedge.
The current uptrend is still intact with the uptrend support at $2.20 (which is also a 50D MA support). SAR has moved above 20D MA, 50D MA and 200D MA.
- Current Price = $2.34
- Dividend Yield = 4.65% (pay out quarterly)
- Current PE = 13
- Rolling PE = 16
- FY08 PE = 15.3
- FY07 PE = 60.9
- FY06 PE = 33.9