Singapore Exchange Limited : No turn-around in sight
Entry price | Target | Stop-loss | Potential |
---|
SGD 9.8 |
SGD 10.77 |
SGD 9.39 |
+9.9% |
---|
Shares in Singapore Exchange Limited show a positive technical chart pattern over the medium term, which suggests that the rising trend should be followed.
Strengths● The group's activity appears highly profitable thanks to its outperforming net margins.
● Thanks to a sound financial situation, the firm has significant leeway for investment.
● There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
● Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
● The stock is in a well-established, long-term rising trend above the technical support level at 8.81 SGD
Weaknesses● Stock prices approach a strong long-term resistance in weekly data at SGD 9.85.
● Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.
● The company's "enterprise value to sales" ratio is among the highest in the world.
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Surperformance is Buy on SINGAPORE EXCHANGE LIMITED since 16/05/2020
.