How Low Genting SP can go?

Posted on July 18, 2012 by Marubozu

Genting SP just broke the support of $1.41 and currently testing the support of $1.31 (previous resistance). If this support cannot hold, don’t be surprise to see Genting SP to drop below $1.00. 161.8% FR is at $0.89. Currently Genting SP is a clear cut down trend as all three moving averages (20D, 50D, 200D SMA) are trending down.  Base on current chart, Genting SP still has not found a bottom yet. The Genting SP fairy tale story is over! Those who still “hope” to breakeven better think twice or prepare to endure the “red” portfolio for a long long time.

Fundamental Data

CURRENT P/E RATIO (TTM)	17.4434
ESTIMATED P/E (12/2012)	16.1728
EARNINGS PER SHARE (SGD) (TTM)	0.0751
EST. EPS (SGD) (12/2012)	0.0810
EST. PEG RATIO	1.2069
MARKET CAP (M SGD)	15,981.79
SHARES OUTSTANDING (M)	12,199.84
ENTERPRISE VALUE (M SGD) (TTM)	14,179.62
ENTERPRISE VALUE/EBITDA (TTM)	9.44
PRICE/BOOK (MRQ)	1.9663
PRICE/SALE (TTM)	5.1444
DIVIDEND INDICATED GROSS YIELD	0.7634
NEXT EARNINGS ANNOUNCEMENT	08/10/2012