Apr 25-29 - FA / TA for Swiber

Apr 25 -29 - FA for Swiber

Quantitative Analysis for Swiber
- EPS - 0.09492
- NAV - 0.8596
- Dividend - NA.

For simple FA approach, we can use Asset with Earning Approach to estimate the FA entry for this stock. Swiber is running offshore oil rigs exploration and installation with 50 vessels in 2010 and 5 more to be delivered in 2012. As of 25 April, the price 0.83 is below NAV. So a slight discount of the NAV. If you assess the stock using earning approach, we are seeing a year by year decreasing in EPS. Using Benjamin Graham's entry approach, PE of 8x which compute to be 7.59 as good entry. Some analysts have put this stock as "neutral".

Apr 25-29, TA for Swiber
- Trend - In side trend mode. (Price inside the ichimoku's cloud).
- Momentum - Oversold at 20%. Divergences detected - possibly a price upside.
- Price to Volume Trend - Look carefully at PVT 3mllions @ 0.955 vs 3.6millions@0.84-0.90. It indicates some accumulation at lower price.
- Candlestick - NA.
- Resistance Line - 0.89
- Support Line - 0.765