Wednesday, 25 August 2010

Chart - KepLand

A potential swing trade back to $4.20 with a cut loss around $3.80. All the indicators seemed to be pointing to a short term rebound.

Fundamentally, the company is trading at FY2010 PE of 17.7x and a price-to-book ratio of 1.5x. I wouldn't call it a cheap stock.

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