IndoAgri: Short Term Retracement

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IndoAgri is expected to have a short term retracement back to $0.93-$0.95 region after forming a Evening Doji Star before continue the uptrend. $0.93 is the resistance turned support level. The Fibonacci Fan level provides different up trend support line.

2014April7-IndoAgri-800x600

Original Post by Marubozu @ My Stocks Investing Journey.

Current P/E Ratio (ttm) 23.6814
Estimated P/E(12/2014) 14.7686
Relative P/E vs. FSSTI 1.6930
Earnings Per Share (IDR) (ttm) 384.3489
Est. EPS (IDR) (12/2014) 616.3290
Est. PEG Ratio
Market Cap (M SGD) 1,438.54
Shares Outstanding (M) 1,417.28
30 Day Average Volume 2,998,833
Price/Book (mrq) 0.9210
Price/Sale (ttm) 0.9823
Dividend Indicated Gross Yield 0.51%
Cash Dividend (SGD) 0.0052
Dividend Ex-Date 05/06/2014
5 Year Dividend Growth
Next Earnings Announcement 04/29/2014
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Golden Agri: Evening Doji Star!

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It is time for Golden Agri to start retracement after running up more than 10% for past few weeks. Today Golden Agri formed a Evening Doji Star at the Rectangle Resistance, a reversal pattern.  If this is a start of the uptrend, Golden Agri should find support at the 61.8% Fibonacci Retracement (about $0.57). $0.57 is also the previous resistance turned support level. Base on last trending pattern (up and down), Golden Agri reacts better to 20D SMA as support or resistance.

Original Post by Marubozu @ My Stocks Investing Journey.

2014Mar13-Golden Agri-800x600

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City Development: Time to Short?

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Base on current daily & weekly chart, City Development is showing bearish signal on 2/5 EMA. A Double Tops pattern is formed on Daily chart and currently CityDev is just sitting on the neckline of about $11.45 (currently forming a Bear Flag). Breaking down from this neckline will send CityDev to the target price of about $11.00 which is also the 61.8% Fibonacci Retracement Level & 50D SMA. On Weekly chart, a Evening Doji Star candlestick pattern was formed which is also the trend reversal pattern. Current chart pattern presents a good opportunity to short CityDev.

 

 

 

 

 

 

 

Key Statistics for CIT

Current P/E Ratio (ttm) 18.1201
Estimated P/E (12/2012 ) 17.3788
Earnings Per Share (SGD) (ttm) 0.6330
Est. EPS (SGD) (12/2012) 0.6600
Est. PEG Ratio
Market Cap (M SGD) 10,429.69
Shares Outstanding (M) 909.30
Enterprise Value (M SGD) (ttm) 14,145.29
Enterprise Value/EBITDA (ttm) 15.12
Price/Book (mrq) 1.4968
Price/Sale (ttm) 3.2986
Dividend Indicated Gross Yield 0.6975
Next Earnings Announcement 11/09/2012
Continue ReadingCity Development: Time to Short?