Noble Group: Change in Trend?

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Noble Groups fought back impressively in the past 5 sessions with bullish candle and cleared above all 3 Moving Averages resistances. Next Immediate resistance is at $1.05 (previous support of a large Descending Triangle), and resistance zone of the previous Head and Shoulders chart pattern. Clearing all these resistances will confirm the change of trend (to up trend) of Noble Group. Noble has formed a Higher Low (Purple) after retraced back to 38.2% FR. Now need to see whether Noble can break above $1.12 resistance to form a Higher High uptrend pattern.

Original Post by Marubozu @ My Stocks Investing Journey.

2014Mar1-Noble Group

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Singapore REIT Fundamental Analysis Comparison Table – 1 Mar 2014

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FTSE ST Real Estate Investment Trusts (FTSE ST REIT) Index changes from 696.54 to 714.18 compare to last post on Singapore REIT Fundamental Comparison Table on Feb 8, 2014. The index is trading below 200D SMA (and sloping down) and technically bearish but consolidating within a Descending Triangle. Breaking down from this Descending Triangle will trigger more selling of Singapore REITs.

FTSE ST REIT Index Mar1-2014

  • Price/NAV decreases from 0.9471 to 0.9687.
  • Dividend Yield increases from  6.80% to 6.84%.
  • Gearing Ratio increases from  33.93% to 34.00%.
  • In general, most Singapore REIT is slightly under value now and the distribution yield is attractive (but with risks). Most of the Singapore REITs are trading in a consolidation range and seems like waiting for the next big move base on technical analysis and chart pattern.
  • There are two negative points to take note when investing in Singapore REITs:
    • Overall sentiment is negative for Singapore REITs. This can be seen from the the FTSE ST Real Estate Investment Trust Index and FTSE ST Real Estate Index.
    • The uncertainty in term of interest hike in near future remains high as Federal has started the QE tapering. Any hike in interest will affect the distribution income (reduction), NAV (value drops) and also the gearing ratio (increase) of the REIT. All of these will weaken the fundamental of the REIT and affect the REIT share price.
  • However there are some REITs in Singapore have been managing their debt maturity profile pretty well and have minimum impact if there is an increase in interest rate. The DPU should not be affected much and the risk of DPU reduction is minimal. The key thing here is how to find out those “Gem” by applying the right method to analyse the Risks. Join the next workshop on “How to pick Singapore REIT for Dividend Investing” to learn how to do Quantitative, Qualitative Analysis and Risk Assessment Plus Identify the Trend on Singapore REITs so not to miss out any opportunity to pick up “Low Risk REITs with Decent Dividend Yield”.

Singapore REIT NAV Gearing Distribution Yield Comparison Table 1-Mar-2014


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Starhub: Expecting Big Move Soon?

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Starhub has been in a Descending Triangle consolidation for about 2 months. The trading range is become narrower and the stock price is getting near to the apex of the triangle. Currently Starhub is trading below the 200D SMA resistance which has started to trend down (a bearish signal). Base on the chart pattern, there are tons of resistances (20D, 50D, 200D, Triangle resistance, 61.8% FR) on the current Starhub price. Starhub has high probability of breaking down from the Descending Triangle (neckline at $4.16) with the price target of $4.00. If $4.00 neckline support is broken, the price target the Head & Shoulders chart pattern is $3.60.


Original post by Marubozu from My Stocks Investing Journey.

Starhub Fundamental Data

Current P/E Ratio (ttm) 19.3503
Estimated P/E(12/2014) 18.7838
Relative P/E vs. FSSTI 1.5094
Earnings Per Share (SGD) (ttm) 0.2155
Est. EPS (SGD) (12/2014) 0.2220
Est. PEG Ratio 3.9503
Market Cap (M SGD) 7,176.74
Shares Outstanding (M) 1,721.04
30 Day Average Volume 1,376,467
Price/Book (mrq) 87.4236
Price/Sale (ttm) 3.0630
Dividend Indicated Gross Yield 4.80%
Cash Dividend (SGD) 0.0500
Dividend Ex-Date
5 Year Dividend Growth 2.13%
Next Earnings Announcement 05/09/2014
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