Using Simple FA-Quantitative Analysis,
- NAV - 0. 7421 (Discounted NAV)
- PE - 2.91x (It is really good value?)
- Yield - 1.7% (below Inflation Yield.)
From Financial Ratio,
If using PE < 8, OUE is definitely a good entry reference. But I would like to highlight to viewer that PE < 8 is just a general guide, the best way to evaluate PE valuation is using EV/EBITDA. From OUE, the EV/EBITDA is 2.18 (based on FY2010 result). So in general, this stock is still over-valued.
- Current Ratio = 1.69 ( OK )
- Debt/Equity = 0.603 ( Reasonable )
If using PE < 8, OUE is definitely a good entry reference. But I would like to highlight to viewer that PE < 8 is just a general guide, the best way to evaluate PE valuation is using EV/EBITDA. From OUE, the EV/EBITDA is 2.18 (based on FY2010 result). So in general, this stock is still over-valued.
From the Quarterly Report extraction - Positive News.
Aug 17, TA for OUE,
- Trend - Downtrend,
- Momentum - Oversold
- Support - 2.38
- Support - 2.30.
- Resistance - 2.81
- Candlestick - Inverted hammer (bullish)
- Volume - Above Average Selling Pressure.
At the moment, there is no cross over signal or a bullish reversal. Be careful, if it breaks 2.30, as it is the past classical support - means Support Turn Resistance = Very bearish signal.
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