FA analysis:
1. Shares buyback since Dec 2014
2. Financially stable company in Temasek's portfolio
TA analysis:
1. Valley bottom since downtrend from mid 2013
2. 20MA crossed above 50MA
3. Price action has gone above 200MA and holding above it
Invest the fatasnatas way!
This blog is set up as a dairy to jot down my investment journey based on fundamental and technical analysis.
Friday, May 8, 2015
Is this the right price/time to buy? - World Precision Machinery Limited
FA analysis:
Current price: $0.35
1. CNAV2 (conservative net asset value) is trading at 60% discount
2. 5 years operating cashflows had been positive
3. Debt to equity: 50% (not highly leveraged)
4. Cash to debt: low (weak balance sheet)
5. Paying dividends for the last 5 years
TA analysis:
1. Downtrend in place since 2012 (3 years)
2. 20 & 50 Moving averages have crossed up
3. Price action has crossed above 200MA
4. If price action can hold above 200MA and above between 0.335 to 0.365, it has a good chance of making a recovery. If it goes above 0.365, meaning trend is changing.
Other articles on World Precision Machinery Limited:
1. http://www.fool.sg/2015/03/11/heres-why-this-share-with-a-12-8-dividend-yield-could-be-a-yield-trap/
2. http://nextinsight.net/index.php/story-archive-mainmenu-60/924-2014/8442-world-precision-qdividends-paid-exceeds-ipo-proceedsq
3. http://nextinsight.net/index.php/story-archive-mainmenu-60/919-2013/6807-world-precision-machinery-rationale-for-board-changes
Current price: $0.35
1. CNAV2 (conservative net asset value) is trading at 60% discount
2. 5 years operating cashflows had been positive
3. Debt to equity: 50% (not highly leveraged)
4. Cash to debt: low (weak balance sheet)
5. Paying dividends for the last 5 years
TA analysis:
1. Downtrend in place since 2012 (3 years)
2. 20 & 50 Moving averages have crossed up
3. Price action has crossed above 200MA
4. If price action can hold above 200MA and above between 0.335 to 0.365, it has a good chance of making a recovery. If it goes above 0.365, meaning trend is changing.
Other articles on World Precision Machinery Limited:
1. http://www.fool.sg/2015/03/11/heres-why-this-share-with-a-12-8-dividend-yield-could-be-a-yield-trap/
2. http://nextinsight.net/index.php/story-archive-mainmenu-60/924-2014/8442-world-precision-qdividends-paid-exceeds-ipo-proceedsq
3. http://nextinsight.net/index.php/story-archive-mainmenu-60/919-2013/6807-world-precision-machinery-rationale-for-board-changes
Welcome to my Blog!
Thank you for spending time and visiting my blog. Hope you would find it interesting and useful.
Subscribe to:
Posts (Atom)









