Keppel Corp seems to have bounced off from the low of $6.20 on 14th Dec 2015 and had since risen to close at $6.50 on 29th Dec.
From TA point of view it seems to be a reversal trend with the current price of $6.50 is hovering above both 14SMA & 25SMA lines. This is generally positive.
Also both MACD & RSI are also showing signed of a positive divergence that may provide further indication to drive the share price higher.
Short term looking good for it to head higher to test $6.60 soon. Breaking out of $6.60 may see it rises further towards $6.90 and above.
The estimated EPS is about $0.78. With the current price of $6.50 , PE is about 8.33 times.
Seems quite a good price to accumulate at current price. Of course, on the other hand, the O&G sector is being weighed down by the current low oil prices. Future earning may also be affected directly with the oil prices trending higher or lower.
(trade/invest base on your own decision)
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