Genting SP: Watch the Support!

  • Post author:

Genting SP is testing the 2.5 years low of $1.22. Should this support is broken, Genting SP may go down to as low as $0.895 (161.8% Fibonacci Retracement Level). Any rebound from this support level will be capped by the down trend resistance line. Current Genting SP chart is bearish because the stock price is trading below 20D, 50D and 200D SMA. 200D SMA is sloping down indicates a long term down trend.

Key Statistics for GENS

Current P/E Ratio (ttm) 18.5435
Estimated P/E(12/2012) 20.5833
Relative P/E vs.FSSTI 1.6123
Earnings Per Share (SGD) (ttm) 0.0666
Est. EPS (SGD) (12/2012) 0.0600
Est. PEG Ratio 2.3796
Market Cap (M SGD) 15,081.26
Shares Outstanding (M) 12,211.55
30 Day Average Volume 18,698,800
Price/Book (mrq) 1.7333
Price/Sale (ttm) 4.8941
Dividend Indicated Gross Yield 0.81%
Cash Dividend (SGD) 0.0100
Last Dividend 05/09/2012
5 Year Dividend Growth –
Next Earnings Announcement 11/12/2012
Continue ReadingGenting SP: Watch the Support!

SGX: Bull or Bear?

  • Post author:

It can go either way for SGX. Anyway, just need to wait for the release of quarterly earning result before deciding how to trade SGX.

Bullish Sign from the Chart:

  • SGX rebound from 61.8% FR and looks like this support level is good from past 3 sessions.
  • 2 consecutive Inverted Hammers candlesticks pattern were formed at this support level, indicate potential reversal.
  • If this 61.8% Fibonacci Retracement Level is a good support, SGX has potential to reach 161.8% (about $8.00) in a few months time.
  • 200D SMA support is at about $6.70 indicates limited down side risk.
  • Dividend Yield of about 4% paid out quarterly should limit the selling pressure.

Bearish Signs from the Chart:

  • 2/5 EMA are both bearish on daily and weekly chart.
  • Head & Shoulders chart pattern are form with neckline at about $6.85. Price target for the breakout is $6.50.
  • Current price is below 20D and 50D SMA.

 

Key Statistics for SGX

Current P/E Ratio (ttm) 24.9634
Estimated P/E            (06/2013            ) 22.9630
Earnings Per Share (SGD) (ttm) 0.2732
Est.            EPS (SGD) (06/2013) 0.2970
Est. PEG Ratio 3.6449
Market Cap (M SGD) 7,286.71
Shares Outstanding (M) 1,068.43
Enterprise Value (M SGD) (ttm) 6,589.03
Enterprise Value/EBITDA (ttm) 17.87
Price/Book (mrq) 8.7442
Price/Sale (ttm) 11.2624
Dividend Indicated Gross Yield 3.96%
Next Earnings Announcement 10/18/2012

 

Continue ReadingSGX: Bull or Bear?