Sembcorp Ind    Last:6.45   -

FA and TA

 

Our pivot point stands at 5.33.

Our preference: the downside prevails as long as 5.33 is resistance.

Alternative scenario: above 5.33, look for 5.56 and 5.7.

Comment: the RSI is below 50. The MACD is below its signal line and negative.The configuration is negative. Moreover, the share stands below its 20 and 50day MA (standing respectively at 5.26 and 5.19).

Supports and resistances: 5.56 * 5.33 * 5.245 last 4.74 * 4.6 * 4.47


TRADING CENTRAL is a commentary service specialising in technical analysis

 

TA for Semb - indicators show strong signal of bullish reversal - stochastic (Oversold), Price at Support, Candlestick (Harami + Hammer). Good entry for May 16. Look at the chart at my blog. 

FA: I have updated the Sembcorp - Intrinsic value using both Gordon DDM and Graham formula. read my blog for the value. http://ckhpaul.blogspot.com/2011/05/may-2-6-fa-ta-for-semb-corp.html.

 

This Sembcorp blog is so quiet. 

For those who interested to know more about Sembcorp - TA and FA - visit my blog: ckhpaul.blogspot.com.

For FA - I have updated some Financial ratio for you and help to calculate the intrinsic value of this stock.  

For TA - May 2-6, this stock is forming a shooting star + doji, bearish reversal detected - a new higher low is forming. See my blog for the support and resistance line support to plan your entry.

As GE - 9 May, is coming. Historically shows that 2001 and 2006. After GE, stock tends to swing. (see my blog for the data)

ckhpaul.blogspot.com 

 

Every investor have their own method, which suits their risk profile/capital base, to make $$$. You have yours and I have mine.

Obviously your method is causing you hair to turn white.

iPunter      ( Date: 14-Aug-2010 18:51) Posted: Seriouisly, I don't waste my white hairs' time      worrying about such profound stuff as valuations...            The only trustable valuation is the market itself...                   hehehe...

 

"Sembcorp Industries (SCI) has signed a 20-year longIn order to provide the new services to JAC, SCI plans to invest ~S$800m

term utilities services agreement with Jurong Aromatics Corporation (JAC) to

supply steam and other water and wastewater treatment services to its new

aromatics complex.

to build a multi-utilities facility and a gas-fired combined cycle

cogeneration plant at a site close to the aromatics complex"/

Just to service JAC or more to come ???

 

 

Seriouisly, I don't waste my white hairs' time

     worrying about such profound stuff as valuations...

           The only trustable valuation is the market itself...

                  hehehe... 

 

In your post, you said SCI valuations still attractive and will be rerated on the back of Utilities incremental earnings.

I agree that we can expect Utilities earnnings will improve once Cascal and other projects come onstream.

Although you did mention the drop in Marine order books, did you take this into consideration when making the undervaluation and rerating statement for SCI as a whole?

For 1H10, Marine profit contribution was 58% ($198m) and Utilities was 32% ($109m).

In 2Q10, Marine saw a drop in revenue (-27%) but increase in profit (+28%). On the surface this may look good but in the marine business, this spells that in this period, there was a high level of completion of projects cos bigger percentage of profits are usually booked at the backend of the project.

Therefore, given that the marine profit contribution is almost double that of utilities, I can't see how the marine profit fall off (probably for FY2011) can be offset by Utilities increase.

Appreciate your comments and perhaps some estimates on how you came to the 'undervaluation' conclusion.

Cheers

stockthinking      ( Date: 14-Aug-2010 01:21) Posted: Dear Members, For more insight, visit http://www.sharemarketsg.blogspot.com Bet you would not be let down. Bookmark us.

 

For markets to have meat, it must go up...

   If not where's the meat?

      hehehe...

 

Indeed, declining but value appearing. "Danger and opportunity".

AK_Francis      ( Date: 29-Sep-2008 20:44) Posted: no surprise, all stocks are declining. Kep Corp now drops below 8. Oil rigs coy are now would rcv less orders owing to drop of CO px.

 

no surprise, all stocks are declining.

Kep Corp now drops below 8. Oil rigs coy are now would rcv less orders owing to drop of CO px.

 

Just to wonder how cum this stock drop so much any advice , Y Y 

 

1	Date of Purchases	11-09-2008
2a	Total number of shares purchased	300000
2b	Number of shares cancelled	0
2c	Number of shares held as treasury shares	300000
3a	Price paid per share# or	Currency : S$   Amount : 3.6467	Currency : [Select Currency]   Amount :
3b	Highest price per share#	Currency : [Select Currency]   Amount :	Currency : [Select Currency]   Amount :
	Lowest price per share#	Currency : [Select Currency]   Amount :	Currency : [Select Currency]   Amount :
4	Total consideration (including stamp duties, clearing charges, etc) paid or payable for the shares#	Currency : S$   Amount : 1095736.62	Currency : [Select Currency]   Amount

Cumulative no. of shares purchased to-date 2

3482000

0.19 %

Only 0.2% used, still got 9.8% bullets!

 

Oh my goodness, what happened to Semb Corp?

TA charts look bad.

 

1	Date of Purchases	05-09-2008
2a	Total number of shares purchased	300,000
2b	Number of shares cancelled	0
2c	Number of shares held as treasury shares	300,000
3a	Price paid per share# or	Currency : S$   Amount : 3.7217	Currency : [Select Currency]   Amount :
3b	Highest price per share#	Currency : [Select Currency]   Amount :	Currency : [Select Currency]   Amount :
	Lowest price per share#	Currency : [Select Currency]   Amount :	Currency : [Select Currency]   Amount :
4	Total consideration (including stamp duties, clearing charges, etc) paid or payable for the shares#	Currency : S$   Amount : 1,118,272.13	Currency : [Select Currency]   Amount :

 

bad ah, same agony with all marine related coys.

 

Red candlestick with wide swing and increased vol. Looks like quite bearish.
I'll avoid for the time being.

 

Oohhh...what happen to SCI?

 

1	Date of Purchases	01-09-2008
2a	Total number of shares purchased	350,000
2b	Number of shares cancelled	0
2c	Number of shares held as treasury shares	350,000
3a	Price paid per share# or	Currency : S$   Amount : 4.1266	Currency : [Select Currency]   Amount :
3b	Highest price per share#	Currency : [Select Currency]   Amount :	Currency : [Select Currency]   Amount :
	Lowest price per share#	Currency : [Select Currency]   Amount :	Currency : [Select Currency]   Amount :
4	Total consideration (including stamp duties, clearing charges, etc) paid or payable for the shares#	Currency : S$   Amount : 1,446,589.48	Currency : [Select Currency]   Amount :

 

TA looks bearish. Acc/Dist and Chiakin down

 

1	Date of Purchases	29-08-2008
2a	Total number of shares purchased	500,000
2b	Number of shares cancelled	0
2c	Number of shares held as treasury shares	500,000
3a	Price paid per share# or	Currency : S$   Amount : 4.1247	Currency : [Select Currency]   Amount :
3b	Highest price per share#	Currency : [Select Currency]   Amount :	Currency : [Select Currency]   Amount :
	Lowest price per share#	Currency : [Select Currency]   Amount :	Currency : [Select Currency]   Amount :
4	Total consideration (including stamp duties, clearing charges, etc) paid or payable for the shares#	Currency : S$   Amount : 2,065,364.22	Currency : [Select Currency]   Amount :