Gold ETF (GLD): Double Bottoms Rebound?

  • Post author:

Original post by Marubozu from My Stocks Investing Journey

GLD is in the process of forming a Double Bottoms after rebounding from the support at about $109-$110 with an Inverted Hammer (with bullish confirmation). GLD is currently facing the previous neckline resistance ($115) of Inverted Head and Shoulders. There are a few more resistances ahead ($117 & $122) to clear to confirm the long term down trend reversal.

GLD Mar 20-2015


See previous analysis of SPDR Gold Shares (GLD) here.

Continue ReadingGold ETF (GLD): Double Bottoms Rebound?

Keppel Corp: Bottoming Up?

  • Post author:

Keppel Corp looks like have bottoming up and showing reversal chart pattern. Breaking out from Descending Triangle is a first sign but Kep Corp will be facing the gap resistance and the Double Bottoms neckline resistance between $8.80 and $8.90. Need to wait for all these confirmation to confirm the trend reversal.


Original post by Marubozu from My Stocks Investing Journey.

Current P/E Ratio (ttm) 8.3815
Estimated P/E(12/2015) 9.7643
Relative P/E vs. FSSTI 0.6204
Earnings Per Share (SGD) (ttm) 1.0380
Est. EPS (SGD) (12/2015) 0.8910
Est. PEG Ratio 4.0348
Market Cap (M SGD) 15,763.30
Shares Outstanding (M) 1,811.87
30 Day Average Volume 6,827,027
Price/Book (mrq) 1.5235
Price/Sale (ttm) 1.1885
Dividend Indicated Gross Yield 5.52%
Cash Dividend (SGD) 0.3600
Dividend Ex-Date 04/22/2015
5 Year Dividend Growth 5.12%
Next Earnings Announcement 04/16/2015
Continue ReadingKeppel Corp: Bottoming Up?

Singapore Shipping Stocks: Still No Life Yet

  • Post author:

Shipping Stocks in Singapore still very weak and no life seen yet. FTSE ST Maritime Index is currently moving sideway and seems to be finding a good support at about 264.7 level which is the 200D SMA and also the 61.8% FR level.

FTSE ST Maritime Index April17-2014

See previous post on FTSE ST Maritime Index and Singapore Shipping Stocks here.

FTSE ST Maritime Index Components Stocks

Yangzijiang has the largest weightage (47.28%) in this index, followed by NOL (19.03%), Cosco Corp (14.85%), Jaya Holding (6.19%), Pan United (4.33%) and the rest. Top 5 stocks contributes to 91.41% weightage to FTSE ST Maritime Index.

FTSE Maritime Index Component Stocks Mar-2014

Fundamental Comparison for Key Component Stocks

In general, Yangzijiang has the best fundamental compare with other stocks in this Maritime Index, followed by Jaya Holding. Cosco & NOL fundamental are pretty weak at the moment. We need to monitor Cosco & NOL in the coming earning announcement to see whether there are any significant improvement in the financial. As Yangzijiang has the largest market capitalisation and the best fundamental in all the shipping stocks in Singapore, we shall take a cue from Yangzijiang’s earning and stock chart for any hint for recovery.

FTSE Maritime Index Component Stocks Fundamental Comparison April21-2014

If you want to understand more about the meaning of the above financial ratio and fundamental analysis, check out Stock Fundamental Analysis here.

Yangzijiang Stock Chart

Yangzijiang broke out from a Falling Wedge and currently retracing to test the 200D SMA support. If Yangzijiang rebounds from this support level, the stock will start a medium up trend to the price target of $1.20 (Resistance of a Long Term Declining Line)


NOL Stock Chart

NOL chart is still very bearish and no sign of reversal yet.


COSCO Stock Chart

COSCO may be finding the bottom (potential forming of Double Bottoms) but need to see whether COSCO can clear the 200D SMA resistance or not before talking about the trend reversal.

2014April17-Cosco Corp-800x600

Jaya Holding Stock Chart

Jaya Holding is on up trend and currently retracing to test the up trend support.

2014April17-Jaya Hldg-800x600

Pan United Stock Chart

Pan United is on uptrend but currently facing the resistance at $1.08. Fundamentally (base on PE ratio) and technically not a good entry level.

Pan United April17-2014

Continue ReadingSingapore Shipping Stocks: Still No Life Yet