Elliott Wave - My Stocks Investing

ST Engineering: Wave 5 Ending Soon?

Post author:Marubozu
Post published:April 13, 2013

ST Engineering has been riding on a nice Elliott Wave. Currently ST Engineering looks like reaching the 261.8% Fibonacci Retracement Level on the Elliott Wave and probably finding resistance at this level.

Key Statistics for STE

Current P/E Ratio (ttm)	22.8678
Estimated P/E(12/2013)	21.4500
Relative P/E vs. FSSTI	1.7353
Earnings Per Share (SGD) (ttm)	0.1876
Est. EPS (SGD) (12/2013)	0.2000
Est. PEG Ratio	3.3000
Market Cap (M SGD)	13,304.35
Shares Outstanding (M)	3,101.25
30 Day Average Volume	1,566,600
Price/Book (mrq)	6.9748
Price/Sale (ttm)	2.0654
Dividend Indicated Gross Yield	1.63%
Cash Dividend (SGD)	0.0980
Last Dividend	04/26/2013
5 Year Dividend Growth	0.51%
Next Earnings Announcement	05/09/2013

Fundamentally ST Engineering is over value base on PE & PEG ratio, Intrinsic Value base on 10 years DCF Model.

Intrinsic Value = $2.53

Net Operating Cash Flow (FY2012) = $1,040.8 Million
Total Debt = $1,068.4 Million
Beta = 0.38
Number of Shares Outstanding = 3,102 Million
10 Year CAGR = 2.04%

See Previous analysis on ST Engineering.

Capitaland: Big Fund Selling?

Post author:Marubozu
Post published:March 17, 2013

Capitaland broke out from the Triple Tops and reversed to the bearish trend. Capitaland is currently at Elliott Wave A and may be rebound from 61.8% FR (about $3.40) or 200D SMA ($3.30) to form Wave B before continue the down trend.

Another interesting observation to note on the Time & Sales after last Friday closing, there was a huge sell down from $3.52 to $3.40 with 16,091 lots transacted. This represent 47% of the whole day transacted volume. Who was selling “desperately” after trading hour? There were similar selling patterns on Wilmar and SIA also, with close to 50% of the whole day trading volume sell down after the market close. It is up to your imagination who are the BIG SELLERS but this type of selling is definitely not a good sign.

Last Analysis on Capitaland.

ST Engineering: On Elliott Wave

Post author:Marubozu
Post published:January 13, 2013

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