Pending Buy Signal: MACD not cross yet and green bar below 0, high vol. Relative P/E ratio is lower than 1, and current P/E Ratio is lower than Dec 2014 estimation. Still not a good buy signal but very potential and should be in the watch-list. With the high risk ratio, can actually give it a shot or wait for a better entry when up trend form. Tight SL should be in place if entered.
Entry price: $8.21
Stop loss (SL): $8.07
Take profit (TP 1): $8.70
Take profit (TP 2): $9.30
Risk Reward Ratio (RRR): 3.50
Relative P/E vs. FSSTI (Bloomberg): 0.6039
Current P/E Ratio (ttm): 8.0667
Estimated P/E(12/2014): 9.5470
Remark: Since Keppel Corp is affected by the recent Oil Price dropping, if Oil Price recover, it will recover. However, Keppel Corp is not only have Oil Rig business, they do have other source of revenue like Keppel REIT. In 3-10 months, it should be able to recover more. Next report release on 25 Jan 2015 will be an indicator data for their revenue. Stay tune.
Created by sgstockexpert | Mar 17, 2014
Created by sgstockexpert | Mar 07, 2014