My Stock assessment- Hyflux
This is a series of blog that talks about my stock selection assessment.
This week, I spotted Hyflux up trend and started to do a BUY assessment. Here is what I found out:
Big Picture
Fundamentals
-US economically data is showing some positive signs.
-EURO is showing some form of stabilization.
-There seems to be a strong flow of investment dollars from US to Asia.
-But the debt issue is still thereTechnical
-All major indices are moving up. US leading the way and Asia is catching up
Fundamentals
-US economically data is showing some positive signs.
-EURO is showing some form of stabilization.
-There seems to be a strong flow of investment dollars from US to Asia.
-But the debt issue is still thereTechnical
-All major indices are moving up. US leading the way and Asia is catching up
Individual stocks (Hyflux)
Fundamentals
-The NAV value is 1.0594
The Pice/NAV ratio is 1.3876 -Price/Cash Flow is 1.681
Technical indicators
-A bullish indicator has Bullish “Bottom Triangle” formed with high volume.
-The price rose above 100MA but still a distance from 200MA.Overall, both the fundamental and technicals looks pretty good. My buy price is 1.44 and my cut loss price is 1.39.
Hope this stock flies! 🙂
