Pending Buy Signal: MACD and histogram bar is showing down (sell trend now). However relative P/E ratio is lower than 1, and current P/E Ratio is lower than Dec 2015 estimation. Now, it is still not a good buy signal but very potential and should be in the pending list. Once the up trend forming, entry can be made.

Entry price: $8.20-8.60

Stop loss (SL): $7.80

Take profit (TP 1): $9.20

Take profit (TP 2): $9.80

Risk Reward Ratio (RRR): 2.50+

Relative P/E vs. FSSTI (Bloomberg): 0.6075

Current P/E Ratio (ttm): 8.5796

Estimated P/E(12/2015):10.0446

Remark: Keppel Corp is recovered by the recent Oil Price recovery. The fundamental analysis from this counter is still very strong and well diversify. We should not short sell during sell trend but should waiting a better chance for buy trend entry. The current Singapore market is in low volume, most of the hot money have move back to US, Europe, and China. It will not be easy to focus only on Singapore market, which we should explore other market for more opportunities.