Aug25, TA for KeyCorp

25 Aug, TA for KeyCorp

• Trend - Down
• Momentum - Oversold
• Support - 8.80 (Gap Down Resistance)
• Resistance - 8.40
• Candlestick - Black Marubozu
• Volume - 2x Selling Pressure

Sembcorp, SembMar, KeyCorp are now in downtrend industry cycle. It is important that you look at the data provided by DBS Vicker highlighting the downtrend industry, so it is important that 8.40 support must not be broken, else it really signal continuous downtrend. 

Aug 22, FA/TA for Transpac

Simple FA for Transpac,

• - PE - 4.9X ( if compared against EV/EBITDA 4.33, it is not at Fair PE). 
• - NAV - $0.99 (50% above premium)
• - Yield - $0.41/Share or 25% (extremely high yield)

Transpac is Financial Asset Management paying out unbelieveable $0.41/share. It is similar to those Unit Trust Fund - in a layman word. Looking at the Annual report, Profit before tax is S$61,658k and Dividend payout is 0.41(Dividend payout as of 2010) x175,228k (Total Ordinary Shares) = S$71,843,480. So they payout more than what they earned? Personally, my opinion is "This is a high risk high return stock".

TA for Transpac,

• Trend - Up
• Momentum - Overbought
• Support - 1.63 (good entry)
• Resistance - 1.97

This Transpac is on upward trend, and good entry should be at 1.63. (*but do note the downside risk on the fundamental valuation).

Aug 22, TA/FA for Wilmar

 Yahoo Key Statistic - reveals Wilma

• At Fair PE, 
• PEG at 0.5.

Intrinsic Value of Wilmar, using DDM and Graham Formula reveals, Wilmar Intrinsic Value at

• DDM - 3.11-5.60
• Graham -  4.68 - 5.69

EV/EBITDA calculation shows Fair PE at 14.5x.

I am using 2x financial data to verify some data from Shareinvestor.com and Yahoo-Capital IQ.

From Simple FA -
 - PE 18.8, it is still not at Fair PE
 - NAV $2.38 - still not a discounted NAV
 - Yield at 1.093 (low PE)

From Intermediate FA -
Intrinsic Value of Wilmar at 5.60-5.69 max

Conclusion for FA-Wilmar,
It is not a value stock for long.

Aug 22, TA for Wilmar

• Trend - Side
• Momentum - Oversold
• Support 5.00 (Good Entry)
• Resistance 5.92
• Candlestick - Inverted Hammer (Bullish Reversal Signal)
• Volume - 0.5x of Average (Selling Pressure is less, shows sign of Bullish reversal.) 

My opinion on Wilmar has signs of bullish with Candlestick, Momentum Oversold, at Classical Resistance and Volume decreasing (It shows seller is resistance to sell much lower.) Yes, it is a good entry near 5.