Friday, September 25, 2015

Keppel Corp (SGX) Stock Review

Keppel Corp as at 25 Sept 2015:

Daily Chart:


Monthly Chart




















From the Charts above we can see that Keppel Corp is no longer an uptrend stock. In fact it is still in a downtrend saved by its current low Price/Earning ratio of 6.7x. Current dividend yield is around 7% at its current price, assuming co. would still pay the same amount of dividends going forward. Please note, dividends are not guaranteed.

There is a support level at around $ 6.50 and at best, given the negative sentiment on Oil & Gas sector, it may probably just trade sideways.